News
Nothing like high Food Prices, food Shortages in Orientation Camp -NYSC

Joel Ajayi
The National Youth Service Corps NYSC has stated that the truth is far from the rumours making the rounds on the social media that State Coordinator addressed Corps Members, encouraging them to leave the Orientation Camp, because of food shortage.
In a Press statement issued on Saturday in Abuja by the Director, Press and Public Relations Eddy Megwa said the rumours is nothing but a tissue of lies, intended to cause mischief, and generate traffic to the social media handles of the purveyors
According to the statement, the attention of NYSC Management has been drawn to the publication with the above headline making the rounds on the social media.
“Management wishes to state that the story is nothing but a tissue of lies, intended to cause mischief, and generate traffic to the social media handles of the purveyors.
“It is very laughable, absurd and unfortunate to allege that a State Coordinator addressed Corps Members, encouraging them to leave the Orientation Camp, because of food shortage.
“Indeed, one with a probing mind will know that the allegation is fallacious, as no State Coordinator of the NYSC, many of whom are of the substantive rank of Deputy Director and have put in over 25 years in Service will utter such careless, very indicting and unintelligent statement.
“For the avoidance of doubt and purposes of information, NYSC Orientation Camps are operated under a framework of checks and balances, built on so many layers.
“In each camp is a Resident Officer posted from the NYSC National Directorate Headquarters, Abuja, to assist the camp managements run a hitch-free Orientation Course. He is resident in the camp for all through the three-week duration of the programme.
“Part of their mandate is to ensure that camp managements comply strictly with the laid down policies and rules concerning feeding of Corps Members, among others.
“Officers of the Scheme of the directorate cadre also visit the camps on monitoring duties. They in turn play oversight functions on the Resident Officers and camp managements.
“It is pertinent to state that the ultimate authority in the day-to-day running of the Scheme, the Director General, Brig Gen YD Ahmed goes round the NYSC Orientation Camps nationwide with his team, each camping season, primarily to see to the welfare of Corps Members.
“It is imperative to emphasise that camp markets are highly regulated, so as to prevent exploitation of Corps Members by the operators. However, the markets are not insulated from the vagaries of inclement economic weather which is of global dimension.
“It is therefore unthinkable and immoral for one to manufacture lies in order to generate traffic for pecuniary benefits, throwing caution to the winds, while mindlessly generating anxiety among the parents and relatives of Corps Members.
“NYSC from the highest echelon of authority to the least runs an open door policy, and will gladly answer enquiries concerning her operations for clarification.
“Management wishes to advise purveyors of falsehood to kindly refrain from the ignoble act, as their actions inflict incalculable damage to our dear country and the psyche of our people.”
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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