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Commodities exchange should serve as key catalyst for development of critical sectors -says Gawuna

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Following the need to diversify and grow the economy of the country for sustainable development,the Deputy Governor of Kano State, Dr.Nasiru Yusuf Gawuna has observed that the commodities exchanges can serve as key catalyst for development of critical sectors,because it offers credible platform for trading and facilitating export of commodities.

He made the statement on thursday while declaring open a stakeholders sensitization workshop on commodity standards organised by the Securities and Exchange Commission in collaboration with the Standards Organisation of Nigeria at Grand Central Hotel,Kano.

“To achieve this our commodities must conform with internationally accepted standard “.

Kano Task Force C’ttee on beggar repatriation to commence Operation

The Deputy Governor added that in Kano through Agro-Processing,Productivity Enhancement and Livelihood Improvement Support Project (APPEALS) they are seeking to enhance agricultural productivity of small and medium scale farmers as well as improved value addition along three priority value chains of rice,wheat and tomato.

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“This objective will be achieved through support for increased productivity of farmers and their linkage to markets…in this regard the commodity exchanges can play a critical role by ensuring commodities price stability and providing market access to farmers”.

He further said the workshop as part of the national standard development process is relevant and timely,therefore…I congratulate the Securities and Exchange Commission and the Standards Organisation of Nigeria for partnering to organise the workshop.

This workshop is a signal that with strong collaboration among institutions,regulators and stakeholders we can exceed our target sooner than expected.

Gawuna therefore assured of continued support and cooperation to the two agencies so as to enhance the standards of the commodities.

In his remarks, the Director General of Standards Organisation of Nigeria, Farouk Salim noted that since Nigeria is ready to key into the global sustainable commodity market,his agency is also ready to partner in areas where its services are needed.

While imploring the traders and other stakeholders along the commodity value chain to ensure compliance to standard with evidence of certification,he reiterated that Standards Organisationof Nigeria is committed to ensuring that the primary objective of the commodity exchange to offer fair pricing to the producers and genuine commodities to the consumers is achieved through quality production based on conformity to relevant national commodity standard.

Speaking earlier, the Director General of Securities and Exchange Commission, Lamido Yuguda said this is the second in the series of workshops organised to enhanced commodity standards and part of the result of their partnership with Standards Organisation of Nigeria.

In a statement by Hassan Musa Fagge said others who spoke at the occasion include the representative of the Emir of Kano, Sarkin Shanun Kano Alh.Shehu Muhammad Dan Kadai.

 

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President Tinubu Names New Petroleum Institute After Late Gen Shehu Musa Yar’adua

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By Yusuf Danjuma Yunusa

President Bola Tinubu has approved the establishment of a new university in Kaduna State and named it after Late General Shehu Musa Yar’Adua, to the honour the former Chief of  Staff Supreme Headquarters (equivalent to Vice President)as part of activities marking Nigeria’s 2026 Democracy Day celebration on June 12.

The President announced the decision on Friday during his Democracy Day nationwide broadcast that the Federal Government had approved the revitalisation and renaming of the completed Institute of Petroleum Studies, Kaduna, as the General Shehu Musa Yar’Adua University of Geological Sciences and Engineering Technology.

Tinubu said the decision was taken in recognition of Yar’Adua’s contributions to Nigeria’s democratic development and his vision of national unity and partnership.

The late General Shehu Musa Yar’Adua, an older brother of late President Umaru Musa Yar’Adua, was one of the political gladiators in the aborted Third Republic and advocate of June 12, 1993 presidential election actualisation.

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“Among the architects of modern democratic Nigeria, we honour General Shehu Musa Yar’Adua for his vision of national partnership,” the President said.

“In recognition of his contributions, the Federal Government has approved the revitalisation and renaming of the completed Institute of Petroleum Studies, Kaduna, as the General Shehu Musa Yar’Adua University of Geological Sciences and Engineering Technology,” Tinubu declared.

The President paid tribute to other prominent figures, living and dead, who played significant roles in Nigeria’s struggle for democracy.

He described June 12 as a defining moment in Nigeria’s history and remembered several heroes of the democratic movement, including late Shehu Musa Yar’Adua, whom he said helped lay the foundation for the freedoms Nigerians enjoy today.

Tinubu noted that the country owed a debt of gratitude to patriots who endured persecution, imprisonment, exile and even death in the fight for democratic governance.

He also announced national honours for dozens of pro-democracy activists, journalists, lawyers, politicians and military officers who, according to him, suffered persecution and incarceration during the struggle to restore democratic rule in Nigeria.

Among those recognised were Arthur Nwankwo, Mrs Joe Okei-Odumakin, Richard Akinnola, Ishola Williams and several military officers who participated in the June 12 democratic struggle.

Tinubu said the full honours list would be released in the coming days.

Reflecting on Nigeria’s democratic journey, the President said the country has enjoyed 27 uninterrupted years of civilian rule since 1999, describing it as the longest stretch of democratic governance in the nation’s history.

He urged Nigerians to remain united and committed to strengthening democratic institutions, stressing that the sacrifices of the nation’s heroes must not be in vain.

“The generation of our founding fathers secured independence the generation of June 12 secured democracy. Our generation must secure prosperity,” Tinubu said.

The President expressed optimism about Nigeria’s future, saying democracy must translate into improved living standards, economic opportunities and security for all citizens.

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We Could Only Watch Helplessly’ — Kano Traders Recount Horror of Market Inferno

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A fire incident has destroyed a popular home appliances and office furniture market located along Murtala Mohammed Way in Kano, leaving traders counting losses running into millions of naira.

It was gathered that the fire broke out at about 10:00 p.m. on Thursday and rapidly spread across the market, engulfing shops and their contents before firefighters could bring the situation under control.

Eyewitnesses said the fire consumed a large section of the market, reducing valuable goods and property to ashes.

One of the affected traders, who spoke to newsmen, described the incident as a major disaster for business owners operating in the market.

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According to him, the fire completely gutted several shops, destroying goods worth millions of naira.

“The cause of the fire is yet to be determined. We could only watch helplessly as officials of the Kano State Fire Service battled to contain the inferno,” the trader said.

He further disclosed that the fire extended to a nearby building occupied by the international courier company, DHL, where part of the roof was damaged by the flames.

The affected market, located between the DHL office and First City Monument Bank (FCMB) along Murtala Mohammed Way, is widely known for the sale of household and office furnishing items, including furniture, carpets, air conditioners, refrigerators, mattresses, televisions and other interior decoration materials.

As of the time of filing this report, the exact cause of the fire had not been officially established, while authorities were yet to provide an estimate of the total value of property destroyed.

Traders affected by the incident have appealed to the government and relevant authorities for support as they begin to assess the extent of their losses and rebuild their businesses.

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Northern Youths Hail National Assembly’s Approval of State Police, Describe Move as Landmark Security Reform

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The Northern Youth Assembly (NYA) has commended the National Assembly for its approval of the constitutional amendment bill seeking to establish State Police across Nigeria, describing the development as a landmark step toward addressing the country’s persistent security challenges.

In a statement signed by its Secretary General, Abdulhafiz Garba, the group said the overwhelming support for the bill by federal lawmakers reflects a growing national consensus on the need to strengthen security through a more decentralized and community-focused policing system.

According to the assembly, the endorsement of the bill by 289 legislators, with only four voting against it, demonstrates the urgency attached to security reforms and the recognition that local communities must play a more active role in maintaining peace and order.

The group noted that insecurity has remained one of the most pressing concerns across Northern Nigeria, where communities have grappled with banditry, kidnapping, terrorism, cattle rustling, and communal conflicts. These challenges, it said, have disrupted economic activities, displaced families, and undermined social stability across the region.

The NYA argued that while officers of the Nigeria Police Force have continued to make sacrifices in the line of duty, the existing centralized policing structure has struggled to adequately respond to the country’s complex and evolving security threats due to Nigeria’s vast population and geographical size.

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It maintained that the creation of State Police would provide an additional layer of security by enabling state governments to establish law enforcement agencies capable of responding swiftly to local challenges while complementing federal security institutions.

The assembly highlighted intelligence gathering as one of the major advantages of the proposed reform. It explained that security personnel recruited from local communities would possess deeper knowledge of the language, culture, terrain, and social environment of their states, making it easier to detect criminal activities and prevent threats before they escalate.

The group further stated that decentralized policing would improve emergency response times, as state-controlled police formations would be able to act promptly without waiting for instructions from distant command structures.

Beyond security, the Northern Youth Assembly said the reform could create significant employment opportunities for young people. It noted that recruitment into state police services would provide jobs for thousands of youths while helping to reduce unemployment and strengthen community engagement.

According to the organization, improved security would also encourage investment, boost agricultural production, revive local economies, and facilitate safer movement of goods and people across Northern Nigeria.

The group pointed to several countries operating successful decentralized policing systems, including the United States, Canada, Australia, and Germany. It argued that these examples demonstrate that state-based policing structures can coexist with federal law enforcement agencies without undermining national unity.

Rather than weakening the federation, the assembly said decentralized policing has proven effective in enhancing accountability, improving public safety, and ensuring more responsive governance in many democratic nations.

Describing the passage of the bill as a historic moment, the NYA said the reform offers renewed hope for communities affected by insecurity and represents a significant step toward building a safer and more prosperous Nigeria.

The organization pledged its continued support for policies aimed at promoting peace, security, youth empowerment, economic development, and national unity, while urging relevant stakeholders to ensure the successful implementation of the proposed State Police framework once it becomes law.

 

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