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‘Farmers Will Reap Big’: Tinubu Celebrates Suspension Of Raw Shea Trade
President Bola Tinubu has declared that the six-month suspension of raw shea nut exports represents a major victory for Nigerian farmers, women, and the nation’s economy. The decision, which took effect on Tuesday, August 26, 2025, followed recommendations from the Presidential Food Systems Coordinating Unit and aims to secure adequate supply for local processors, expand job opportunities, and safeguard a value chain dominated by women, who make up about 95% of shea pickers.....KINDLY READ THE FULL STORY HERE▶
In a statement issued via on Wednesday, Tinubu described shea production as one of Nigeria’s untapped “green wealth” opportunities. He noted that while the country produces nearly 40% of the world’s shea supply, it currently benefits from less than one percent of the $6.5 billion global market. He stressed that this imbalance must be corrected by prioritizing value addition within Nigeria.
The president affirmed that Vice President Kashim Shettima will collaborate with industry stakeholders to accelerate the expansion of local processing capacity, ensuring that the policy reform delivers tangible and lasting prosperity. Tinubu also highlighted emerging opportunities in new markets such as Brazil, pledging that Nigeria will “no longer export poverty and import value” but instead create value at home, compete internationally, and advance the goals of the Renewed Hope Agenda.
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THE ULTIMATE SHOCKER: Sowore Drops A Bombshell And Accuses Amaechi Of Plotting To Poison Him!.
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Post-Conference Exchange: Following their heated clash at the Nigerian Bar Association (NBA) conference in Port Harcourt, African Action Congress (AAC) presidential candidate Omoyele Sowore revealed on Arise News that he called former Rivers State Governor Rotimi Amaechi to demand an apology.....KINDLY READ THE FULL STORY HERE▶
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The “Poison” Joke: Sowore recounted that instead of apologizing, Amaechi invited him over for food and drinks, to which Sowore playfully responded that he declined out of fear of being poisoned because he knew Amaechi was upset.
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Democratic Credentials: Defending his political background, Sowore argued that his pro-democracy activism created the very political space that allowed politicians like Amaechi—who is the African Democratic Congress (ADC) vice-presidential candidate—to serve in high offices like speaker, governor, and minister.
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Clash Over Records: Their initial disagreement ignited when Sowore criticized Amaechi’s record on railway projects and fuel subsidies, prompting Amaechi to defend his infrastructure projects and tell Sowore to “close his mouth” while politicians were speaking.
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Economic Stance & Leadership View: Reaffirming his opposition to the removal of petrol subsidies, Sowore maintained that true leadership should be measured by vision, problem-solving, and commitment rather than merely holding past government positions.
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Crime
THE ULTIMATE RESCUE: How Gallant Troops Smashed A Bandit Hideout And Freed 14 Captives In A Rain Of Bullets!.
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Successful Rescue: Nigerian Army troops from Sector 2, Operation FANSAN YAMMA successfully rescued 14 kidnapped victims from bandits in Zamfara State’s Tsafe Local Government Area.....KINDLY READ THE FULL STORY HERE▶
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Swift Intervention: Acting on intelligence regarding suspicious movements near Magazu village, the troops intercepted armed criminals who were attempting to abduct motorists and other civilians.
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Gunfight and Fugitive Bandits: After engaging the suspects in a firefight, the troops forced them to abandon their vehicle and flee into the surrounding bushes.
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Casualties and Treatment: While no military personnel were harmed, one rescued victim sustained gunshot wounds and was promptly admitted to the General Hospital in Tsafe for treatment.
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Ongoing Operations: The military emphasized that this successful mission is part of broader, continuous efforts by Operation FANSAN YAMMA to dismantle criminal networks and secure local communities.
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THE ULTIMATE FOREIGN EXCHANGE VERDICT: What Every Nigerian Needs To Know About Today’s Dollar Rates!.
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Black Market Rates: On Tuesday, August 25, 2026, Bureau De Change (BDC) sources at the Lagos parallel market reported that the US dollar was sold at ₦1,407 and bought at ₦1,398.....KINDLY READ THE FULL STORY HERE▶
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CBN Official Rates: Meanwhile, official Central Bank of Nigeria (CBN) figures recorded a highest rate of ₦1,350 and a lowest rate of ₦1,345 for the USD to NGN exchange.
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Important Disclaimers: The CBN does not officially recognize the parallel market and advises individuals to conduct forex transactions through commercial banks. Additionally, actual market prices may vary depending on the platform or dealer.
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