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Top Industry Players to Discuss Role of Halal Industry in Reviving Global Economy

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Top industry players

 

Top industry players, policy makers and experts in the Halal industry will convene in Sharm El Sheikh, Egypt to discuss the role of Halal industry in creating economic opportunities and reviving the global economy.

The experts will gather in Egypt during the IsDB Group Private Sector Forum on the sidelines of the 47th Islamic Development Bank’s Annual Meeting. The theme of the side event is: Rejuvenating Halal Economy, Creating Economic Opportunities. The discussion will take place at 10am on 4th June 2022.

The Halal economy is estimated to grow to US$3.2 Trillion by 2024. It is an industry that is quite diverse with products ranging from foods and beverages, pharmaceuticals, tourism, cosmetics, media etc.

Speakers at the high-level event include IsDB Vice President (Operations), Dr. Mansur Muhtar, IsDB Acting Director General (Global Practice and Partnership), Mr. Amer Bukvic; Mr. Hanisofian Alias, Chief Industry Development officer,  Halal Development Corporation, Malaysia; Mr. Amel Kovacevic, CEO, United Bank of Albania; Ms. Yvonne Maffei, Founder, Halal Kitchen, USA; Mr. Tomás Guerrero Blanco, Director at Halal Trade and Marketing Centre and Dr. Angitto Abimanyu, Chairman, Indonesia Hajj Fund.

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Dr. Mansur Muhtar, Vice-President (Operations) at IsDB stated: “The halal industry has enormous potential. By tapping into opportunities offered by the Halal economy we can create more jobs and support the effort of our member countries to revive their economies following the devasting impact of COVID-19. This is also in line with the strategic objectives of the realigned strategy of Islamic Development Bank.”

Mr. Amer Bukvic, Acting Director General, Global Practice and Partnership at IsDB Commented: “This is a great opportunity to showcase the immense contribution of the halal industry to the world. With rising unemployment and inflation across the globe, we need to explore non-traditional means of reviving the global economy. The Halal economy is a tested and trusted industry that we can tap into to support this endeavor.”

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President Tinubu Counters Police Academy in Kano, Establishes New Campus in Ogun

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President Bola Ahmed Tinubu has approved the establishment of a new campus of the Police Academy in Erinja, Yewa South Local Government Area in Ogun State.

A statement by Bayo Onanuga
Special Adviser to the President,
Information & Strategy, says President Tinubu also approved a special take-off grant of N15billion for the college.

The President’s approval was in fulfilment of the provisions of the Nigeria Police Academy (Establishment) Act, 2021, particularly with respect to the expansion of the Police Academy based in Wudil, Kano state, into multiple campuses across the country.

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The intervention fund will be sourced from the TetFund 2026 allocation to finance priority infrastructure, academic facilities, student accommodation, and core training assets.

A high-level consultative meeting involving the Minister of Police Affairs, the Minister of Education, Dr Tunji Alausa, officials of the Federal Ministry of Education, the Inspector-General of Police and the Executive Secretary of the National Universities Commission (NUC) recommended the siting of the new campus in Erinja.

The meeting considered student intake capacity, funding realities, academic quality assurance, and the long-term needs of the Nigerian Police Force, which is currently recruiting more men.

President Tinubu believes the expansion will strengthen institutional governance, modern policing education and national security.

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Retired Police Storm Villa Gate, Call Contributory Pension Scheme a ‘Killer Disease’

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By Yusuf Danjuma Yunusa

Retired police personnel and their families, under the umbrella of the Police Retired Officers Forum of Nigeria, on Monday blocked one of the gates of the Presidential Villa, Abuja, in protest.

The retirees are demanding the removal of the Nigeria Police Force from the Contributory Pension Scheme, which they described as “fraudulent, illegal, inhumane and obnoxious.”

Protesters carried placards reading “End CPS,” “If military, DSS were removed from PENCOM, why not police?” while many were chanting, “Police dey work, PenCom dey chop.”

They said the protest was aimed at urging President Bola Tinubu to assent to the Police Exit Bill passed by the National Assembly on December 4, 2025, and transmitted to the Presidency on March 16, 2026.

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According to them, the bill, if signed into law, would exempt police personnel from what they called a “slavery and untimely death-inducing pension scheme.”

Speaking in a video of the protest posted by Channels Television, a retired ASP, Nurudeen Dahiru, said, “We are not begging anybody. We have come to fight for our rights. We have suffered.

“We are not here to fight anybody. We are just here to demand for our rights. We have served for 35 years.

“According to the Constitution of the country, when you serve your country for 35 years, you should go home and rest. But see us suffering now. We are not able to take care of our children.

“We have no food to eat. We are dying. Silent killing. So this contributory pension scheme is a killer disease. 35 years is not easy. We are not here to fight anybody.”

Another retired officer said, “We don’t have anything to train them. As I retired 20 years ago, how much are they paying me?

“It is 24,000 that I am paying you because I retired with the inspector. So they have to sign our bill and give us all our money.

“So that somebody can use it for something. You can buy a house. And then now we don’t have a house.

“How can an ASP, a DSP, a CP retire and they are paying him how much? No, no, no. Enough is enough. It is a do or die. Even if some people are killed today, others are coming.”

Speaking to reporters, the National Coordinator of the Police Retired Officers Forum of Nigeria, CSP Raphael Irowainu (retd), who led the protest, said the group was at the Villa to press for the President’s assent to the bill exiting the police from the CPS.

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Court Admits Nine Exhibits Against Malami and Family

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By Yusuf Danjuma Yunusa

A Federal High Court sitting in Maitama, Abuja and presided over by Justice Joyce Abdulmalik on Monday, April 20, 2026 admitted nine exhibits against a former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, alongside his wife, Hajia Bashir Asabe, and his son, Abubakar Abdulaziz Malami.

The exhibits were presented before the court by the Economic and Financial Crimes Commission, EFCC, in its ongoing trial of the former Minister and some family members.

The EFCC is prosecuting the defendants on an amended 16-count charge bordering on conspiracy, procuring, disguising, concealing and laundering proceeds of unlawful activities to the tune of N8,713,923,759.49 (Eight Billion, Seven Hundred and Thirteen Million, Nine Hundred and Twenty-Three Thousand, Seven Hundred and Fifty-Nine Naira, Forty-Nine Kobo), contrary to the provisions of the Money Laundering (Prevention and Prohibition) Act, 2022.

The exhibits, which are documentary in nature, were tendered through the fourth prosecution witness, Mashelia Arhyel Bata, a compliance officer with Zenith Bank Plc.

Led in evidence by prosecution counsel, J. S. Okutepa, SAN, the witness told the court that, in the course of his official duties, he received correspondence from the EFCC requesting documents relating to several accounts linked to the defendants and associated entities.

“I work as a compliance officer with Zenith Bank, Maitama branch. My duty includes receiving correspondence from law enforcement agencies and responding accordingly,” he said.

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Bata further disclosed that the bank complied with EFCC’s requests by providing both soft and hard copies of documents relating to accounts belonging to the defendants and companies such as Rayhaan Hotels Limited, Rayhaan Bustan Agro Allied Limited, Nashab Limited, Golden Age Global Ventures, and Rahamaniyya Properties Limited.

“My lord, the documents are nine,” he stated, confirming his ability to identify them when presented in court.

Upon application by Okutepa, the court admitted the documents, dated between July 19, 2024 and March 12, 2026, as Exhibits D1 to D9, despite an initial objection by defence counsel, J. B. Daudu, SAN, who noted that “the dates are almost all in March.”

Continuing his testimony under further examination by prosecution counsel, Ekele Iheanacho, SAN, the witness provided details of transactions contained in the exhibits.

He identified Exhibit D1 as containing account opening documents and statements for accounts belonging to Abubakar Malami and A.A. Malami & Co, including a naira account and a dollar account.

According to him, the statement of account for one of the accounts covered the period from January 1, 2012 to December 31, 2023.

The witness confirmed that the accounts were active between 2015 and 2023, noting that “there were transfers within that period.”

He further revealed that total credits into one of the accounts stood at N383,637,21.55 between January 1, 2016 and December 31, 2023, while total credits from January 1, 2012 to December 31, 2015 amounted to N560,506,465.12.

On debits, he stated that N384,322,120.85 was recorded between 2016 and 2023, while N571,891,174.08 was debited between 2012 and 2015.

Giving further breakdown of transactions, the witness told the court that on November 11, 2020, the account received N194,791,608.00 from New Horizons Limited, and on June 24, 2022, it received N622,500,000.00 from Rayhaan Bustan Agro Allied Limited.

He added that on July 1 and July 7, 2022, the account received N250 million each from Rayhaan Hotels Limited, while on December 22, 2022, there was an inflow of N500 million linked to Rayhaan Bustan Agro Allied Limited.

Continuing in that format, the witness identified so many transactions running into billions.

Following the testimony, the defence counsel, J.B Daudu SAN sought an adjournment to enable him study the exhibits and prepare for cross-examination.

“My lord, we need time to go through the nine exhibits tendered,” Daudu said.

Justice Abdulmalik subsequently adjourned the matter till May 13, 2026, for continuation of trial.

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