News
Prof. Enape Urges Nigerians to Embrace Financial Discipline to Avoid Post-Retirement Poverty
Caleb Ogar
A Renowned academic and finance expert, Professor Victoria Ayishetu Enape, has called on Nigerians to adopt sound financial management practices to avoid falling into poverty after retirement.
Speaking during her professorial reception and book launch in Abuja on Saturday, Enape warned that poor financial habits continue to push many Nigerians — including former high earners — into avoidable economic hardship.
Her new book, “Financial Literacy: Navigating Wealth in the 21st Century,” was formally presented at the event, which drew dignitaries from various sectors, including law, governance, and mining.
“I have seen people who once had status and influence become beggars. Civil servants retire after decades of service with nothing to show for it because they failed to plan,” Enape said. “That’s what inspired me to return to my core calling — helping people manage their finances effectively.”
Enape emphasized that building financial stability goes beyond earning a salary or owning a business. According to her, it requires strategic planning, disciplined saving, informed investing, and preparation for the future — all of which she has dedicated her career to teaching.
She also stressed the importance of intergenerational wealth education, urging parents and educators to equip young Nigerians with the tools to manage money responsibly.
“If we teach our youth to value money and build wealth early, we will leave a lasting legacy,” she said.
Presenting the new book, Sebastian Hon (SAN) praised Enape’s clarity of purpose and the boldness with which she addresses the sensitive subject of money management.
“What’s remarkable is not just her message, but the courage to deliver it — especially as a woman in a field where financial literacy is often overlooked. Her work reminds us that money management is about discipline, not gender or status,” he noted.
Also speaking, Mr. Simon Nkom, Director-General of the Nigeria Mining Cadastre Office and Chairman of the Occasion, said Enape’s advocacy aligns with Nigeria’s broader push for economic diversification, particularly in the solid minerals sector.
“Every state in Nigeria has mineral wealth. But unlocking that wealth demands more than resources — it demands financial intelligence, innovation, and discipline,” Nkom said, describing Professor Enape as a champion of accountability and transparency.
In her goodwill message, Mrs. Titi Abubakar, wife of the former Vice President, highlighted the need for early financial education at home. She encouraged parents to cultivate savings habits in their children using simple tools like coin boxes.
“When children open their savings boxes at the end of the month, it excites them. It teaches discipline. These early habits prevent financial struggles later in life,” she said.
Mrs. Abubakar also advocated for the use of age-appropriate financial literacy materials in homes and schools, noting that such resources can empower both children and adults.
Professor Enape’s renewed campaign for financial literacy comes at a critical time, as experts warn of increasing poverty and poor retirement planning among Nigerians. Her message — echoed by other speakers at the event — reinforces the urgent need for nationwide financial education and reform, beginning at both the individual and institutional levels.
News
Amb Lion Ogorry Files Landmark Lawsuit Against Sahara Reporters, Sowore For Misleading and Malicious Publication Endangering National Security
Ambassador Adebayo Lion Ogorry, a renowned public advocacy practitioner and activist, today announced the filing of a high-profile lawsuit against Sahara Reporters Ltd. and its publisher, Omoyele Sowore, in the High Court of the Federal Capital Territory, Abuja.
The suit, numbered FCT/HC/CV/4767/2025, accuses the defendants of publishing a false, malicious, and reckless article that violates Nigeria’s Constitution, the Cybercrimes (Prohibition, Prevention, Etc.) Act 2015, and other laws protecting public discourse, national security, and public order.
The originating summons, filed on November 24, 2025, stems from a Sahara Reporters article titled
“EXCLUSIVE: How Tinubu’s Defence Minister Matawalle Maintains Contact With Bandit Leaders, Ordered Them To Compel Communities To Vote For APC—Former Aide,” published on November 19, 2025.
Ambassador Ogorry alleges that the publication contains grave, unfounded accusations against the Honourable Minister of State for Defence, Dr. Bello Matawalle, claiming he maintains illicit contacts with bandit leaders, orders communities to vote for the All Progressives Congress (APC), and engages in activities that undermine counter-terrorism efforts.
These claims, according to the suit, are not only false but also fabricated to incite alarm, hatred, and ill-will, while endangering national security and public safety.
In his affidavit supporting the summons, Ambassador Ogorry, a Nigerian citizen and resident of Abuja with a long-standing commitment to public order and lawful civic discourse, emphasized that the article was disseminated widely across Sahara Reporters’ website, social media channels, X.com (Twitter) account, Facebook pages, WhatsApp broadcasts, and other platforms. He described the publication as a blatant violation of Section 39(3)(a) of the 1999 Constitution (as amended), which prohibits speech that endangers public safety, national security, and public order. Furthermore, it contravenes Sections 24(1)(a) & (b) of the Cybercrimes Act 2015 by disseminating false, misleading, and harmful information capable of causing alarm or ill-will.
“The defendants’ reckless actions have not only tarnished the reputation of a dedicated public servant but have also compromised ongoing military operations against banditry and terrorism in Nigeria’s North-West region,” said Ambassador Ogorry. “This publication promotes distrust, exposes the Minister to risks, and undermines the morale of our armed forces engaged in counter-terrorism. It is a direct assault on our national security and the freedom of expression that must be balanced with responsibility.”
The lawsuit seeks the following reliefs from the court:
– A declaration that the publication is false, misleading, malicious, and not protected speech under Section 39(1) of the Constitution (as amended).
– A declaration that it falls within restricted speech under Section 39(3)(a), endangering public safety, national security, and public order.
– A declaration that it violates Sections 24(1)(a) & (b) of the Cybercrimes Act 2015 by prohibiting false, harmful, or misleading information.
– AN ORDER OF INJUNCTION restraining the Defendants, their agents, or privies from further publishing, distributing, circulating, or causing to be circulated the said false publication or any other malicious publication especially as it relates to and against the person of Defence Minister, Dr. Matawalle.
– An order directing the defendants to issue a public retraction of the publication and publish a full apology on their website and social media channels for 14 consecutive days.
– General and exemplary damages of N10,000,000,000 (Ten Billion Naira) for the frivolous, false, and malicious publication geared toward endangering public safety, national security, and public order.
Ambassador Ogorry highlighted that the article, based on unverified claims from an alleged “former senior aide,” lacks any official record or evidence, demonstrating the defendants’ disregard for truth and ethical journalism. He urged the court to address this as a matter of urgent national importance, citing precedents such as President F.R.N. v. ISA (2017) and Guardian Newspapers v. AIEH (2011), which affirm that freedom of expression does not protect reckless publications that threaten security.
“This lawsuit is not just about correcting a falsehood; it’s about safeguarding Nigeria’s democracy, protecting public officials from baseless attacks, and ensuring media accountability,” Ambassador Ogorry added. “Sahara Reporters and Omoyele Sowore must be held responsible for their role in spreading dangerous misinformation that could fuel terrorism and disrupt public order.”
The case is set for hearing in the Abuja Judicial Division, and Ambassador Ogorry expressed confidence in the judiciary’s ability to uphold justice and constitutional principles.
About Ambassador Adebayo Lion Ogorry
Ambassador Adebayo Lion Ogorry is a public advocacy practitioner, activist, and Nigerian citizen dedicated to promoting national security, public order, and lawful civic discourse. With a focus on protecting public discourse from malicious interference, he advocates for responsible journalism and governance.
-
Featured6 years agoLampard Names New Chelsea Manager
-
Featured6 years agoFG To Extends Lockdown In FCT, Lagos Ogun states For 7days
-
Featured6 years agoChildren Custody: Court Adjourns Mike Ezuruonye, Wife’s Case To April 7
-
Featured6 years agoNYSC Dismisses Report Of DG’s Plan To Islamize Benue Orientation Camp
-
Featured4 years agoTransfer Saga: How Mikel Obi Refused to compensate me After I Linked Him Worth $4m Deal In Kuwait SC – Okafor
-
Sports3 years ago
TINUBU LAMBAST DELE MOMODU
-
News11 months agoZulu to Super Eagles B team, President Tinubu is happy with you
-
Featured6 years ago
Board urges FG to establish one-stop rehabilitation centres in 6 geopolitical zones
