News
Insurgents’ Logistics Base In Borno Suffers Bombardment By NAF
The logistics base of the Boko Haram insurgents at Bula Bello on the fringes of the Sambisa Forest in Borno State has suffered great bombardment by operatives of the Nigeria Air Force (NAF).
NAF revealed that the ATF under Operation Green Sweep III also destroyed the insurgents’ assembly area at Bula Bello.
Operation Green Sweep III is targeted at terrorists’ positions in Borno.
NAF Director of Public Relations and Information, Air Commodore Ibikunle Daramola, who made the disclosure in a statement on Thursday in Abuja.
Speaking further, Daramola revealed that the operation was executed after Intelligence Surveillance and Reconnaissance missions revealed that the settlement was being used by the insurgents as a staging area to launch attacks against troops.
He said, “Consequently, the ATF dispatched two Alpha jets and a MI-35M helicopter to attack the identified buildings within the settlement.
“Overhead the target area, several Boko Haram fighters were seen within the settlement.
“The two Alpha jets therefore took turns attacking the target area, scoring direct hits on the desired points of impact.
“The structures were damaged by the strikes while several of the terrorists were neutralised.
“The few surviving fighters were taken out in follow-on strikes by the MI-35M attack helicopter.”
News
Ogunlesi backs Tinubu reforms as FIRS chairman Adedeji highlights export-led economy
Joel Ajayi
After a high-level meeting with President Bola Tinubu in Abuja, Nigerian-born global investor Adebayo Ogunlesi expressed renewed confidence in the country’s economic reforms, indicating potential mega investments across energy, aviation, and port sectors.
He was joined in that optimism by Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS), who stressed that the reforms were laying the groundwork for an export-driven economy.
Speaking to journalists after the closed-door meeting, Ogunlesi praised the sweeping policy changes under Tinubu’s administration, including the removal of subsidies, tax reforms, and the revival of a refinery already exporting aviation fuel.
“We had an excellent meeting where we discussed how to put Nigeria front and center for international investment. The President was very encouraging, and we shared useful suggestions on driving economic growth,” Ogunlesi said.
Although he declined to reveal specific details, Ogunlesi confirmed that his firm is actively investing in Nigeria and assessing new opportunities.
“Watch this space. Nigeria is not yet the most exciting investment destination, but that’s what we are working on,” he teased.
Pressed on the sectors of interest, Ogunlesi highlighted energy, gas, aviation, ports, and renewables. Drawing on his firm’s experience with LNG projects in Texas and Australia, he noted Nigeria’s massive untapped gas reserves.
On aviation, he acknowledged his reputation as “the guy who bought Gatwick Airport” and signaled interest in similar ventures locally.
He also admitted that one of his companies operates ports in Cotonou and Lomé but none in Nigeria, a point Tinubu reportedly challenged him on.
“He forgave me but said, ‘you have to bring port investment to Nigeria,’” Ogunlesi recounted with a smile.
International investor Hakeem Bello-Osagie, who was also present, underscored the importance of diaspora participation in Nigeria’s growth story.
“When Nigerians at home and abroad invest in Nigeria, it sends a strong signal to the world,” he said, lauding Tinubu’s policies for making the country “investable.”
Echoing the sentiment, FIRS chairman Adedeji described the reforms as the foundation for an export-led economy.
“We’ve done the fundamentals, and now it is time to deliver growth,” he said.
With global players signaling confidence, the momentum for Nigeria’s economic repositioning is gaining ground, setting the stage for transformative investments in key industries.
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