PRESIDENT TINUBU CONGRATULATES PRESIDENT LUIZ INÁCIO LULA DA SILVA ON RE-ELECTION, REAFFIRMS NIGERIA–BRAZIL PARTNERSHIP. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS RELEASE PRESIDENT TINUBU CONGRATULATES PRESIDENT LUIZ INÁCIO LULA DA SILVA ON RE-ELECTION, REAFFIRMS NIGERIA–BRAZIL PARTNERSHIP I congratulate my friend, President Luiz Inácio Lula da Silva of Brazil, on his re-election for a record fourth term. Your renewed mandate offers an opportunity to strengthen the longstanding friendship and historical ties between Nigeria and Brazil. As two leading nations of the Global South, we can promote economic integration and advance our shared interests in a rapidly changing global order. I look forward to expanding cooperation in trade and investment, agriculture and food security, energy, oil and gas, manufacturing, science and technology, education, aviation, and cultural exchange. I affirm Nigeria's continued commitment to working with Brazil to strengthen multilateral cooperation and advance shared priorities in Africa, South America, and across the Global South. On behalf of the people of Nigeria, I wish you a successful new...

NOA WARNS AGAINST HOARDING AND ARTIFICIAL SCARCITY OF STAPLE FOODS DURING RAMADAN, LENT. (PHOTO).


 NOA WARNS AGAINST HOARDING AND ARTIFICIAL SCARCITY OF STAPLE FOODS DURING RAMADAN, LENT


The Director General of the National Orientation Agency (NOA), Mallam Lanre Issa-Onilu, has issued a strong advisory to traders and market operators across the country against the hoarding and artificial inflation of prices of essential food items during the holy month of Ramadan and lent.

Mallam Issa-Onilu expressed concern over reports indicating that certain marketers are deliberately withholding staple commodities commonly consumed during fasting period thereby creating artificial scarcity and driving up prices to the detriment of ordinary Nigerians.

According to the Director General, such practices are not only economically disruptive but morally indefensible, particularly during a sacred season that emphasizes compassion, sacrifice, generosity, and social responsibility.

“This is a period that calls for reflection, charity, and empathy for the less privileged. It is deeply troubling that some individuals would exploit this spiritual moment for excessive profit-making at the expense of vulnerable citizens,” the DG stated.

He noted that the deliberate hoarding of food items undermines national efforts at economic stability, fuels inflation, and places avoidable hardship on families already navigating challenging economic realities.

The NOA reiterated that responsible market conduct is a patriotic duty and a moral obligation. The Agency emphasised that fairness, transparency, and moderation in pricing are aligned with both national values and religious teachings.

The Director General further urged trade associations, market unions, and commodity groups to exercise internal regulatory discipline by discouraging exploitative behavior among their members. He called for collaboration with relevant regulatory authorities to ensure compliance with ethical market standards.

Mallam Issa-Onilu reaffirmed the Agency’s commitment to sustained sensitisation campaigns across all states and local government areas, promoting value reorientation, economic responsibility, and national cohesion.

He appealed to marketers to see Ramadan and Lent as opportunities to demonstrate integrity and social conscience rather than a window for opportunistic gain.

The National Orientation Agency will continue to monitor developments and engage stakeholders to safeguard the welfare of citizens and uphold the values that strengthen our national fabric.

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