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FEC Approves €443m, $141m Loans For Procurement Of Six Fighter Jets

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The federal executive council (FEC) has approved €443 million and $141 million loans for the procurement of six fighter aircraft and ammunition for the Nigerian Air Force (NAF).

Mohammed Idris, minister of information and national orientation, spoke to journalists about this at the end of the weekly FEC meeting on Wednesday in Abuja.

The FEC meeting was presided by President Bola Tinubu.

Idris said the credit facility for the procurement of the fighter jets is from a “group of financiers”.

“The third one is that council gave approval to obtain a credit facility in a sum of 443,330,781.49 euros and another $141 million from a group of financiers for the procurement of six units of M346 fighter aircraft and ammunition for the Nigerian Air Force,” Idris said.

The minister did not disclose the identities of the “group of financiers”.

In April 2024, NAF announced that it will take delivery of six M-346 fighter aircraft before the end of 2024.

In November 2023, NAF struck a deal with Messrs Leonardo, an Italian defence company, for the supply of 24 M-346 fighter aircraft.

The deal is reportedly worth around €1.2 billion.

In October 2024, NAF authorities visited Italy to finalise the arrangement of 24 M-346 fighter ground attack (FGA) jets and 10 AW-109 Trekker helicopters.

The minister also announced that FEC approved contracts of N44.2 billion for the Nigeria Customs Service (NCS) to procure vehicles and construct residential apartments.

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Nigeria’s Super Eagles Move Three Places Higher To 36th Position In Latest FIFA Rankings

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The Super Eagles have risen three places in the latest FIFA rankings, reaching 36th globally. Nigeria’s victory against Libya in a “2025 Africa Cup of Nations (AFCON)” qualifier played a part in this improvement.

On the continental stage, Nigeria now ranks fourth in Africa, with Morocco leading at 13th in the world, followed by Senegal (20th), Egypt (30th), Nigeria (36th), and Algeria (37th).

FIFA also mentioned that “Comoros and Sudan” made significant strides, each climbing 10 places after recent wins in their “AFCON 2025 qualifiers.” Globally, “Argentina still occupy the top spot,” followed by France, Spain, England, Brazil, and Belgium.

Other notable movers include “Algeria (37th, up 4),” “Peru (38th, up 5),” and “Greece (42nd, up 6).” Additionally, Cameroon re-entered the top 50, moving to 49th place.

FIFA noted that “October 2024” was a particularly busy period, with “32 qualifiers for the FIFA World Cup 26,” “47 for the CAF Africa Cup of Nations 2025,” and multiple Nations League matches and friendlies contributing to shifts in the rankings.

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Tinubu Writes Senate, Seeks Confirmation Of Seven Ministerial Nominees

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The Senate has received a request from President Bola Tinubu for the confirmation of seven newly appointed ministerial nominees announced on Wednesday.

In a letter addressed to Senate President Godswill Akpabio, which was read at the start of Thursday’s plenary session, President Tinubu urged the Senate to expedite the confirmation process.

The nominees for confirmation are Nentawe Yilwatda (Humanitarian Affairs and Poverty Reduction), Muhammadu Dingyadi (Labour & Employment), Bianca Odumegwu-Ojukwu (State Foreign Affairs), Jumoke Oduwole (Industry, Trade and Investment), Idi Mukhtar Maiha (Livestock Development), Yusuf Ata (State Housing and Urban Development), and Suwaiba Ahmad (State Education).

Senate President Akpabio directed that the nominees be referred to the Committee of the Whole for swift legislative action.

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Yahaya Bello: Court Fixes Dates For Response To Summons In Alleged Fraud Suit

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The Economic and Financial Crimes Commission (EFCC) has requested an adjournment in its new charge against the former Governor of Kogi State, Yahaya Bello, and two others, until November 14, 2024.

At the resumed hearing, Counsel to the Commission, Rotimi Oyedepo, stated that the court had issued a public summons against Bello, instructing that it be published and that the charge be pasted.

The trial Judge, Justice Maryann Anenih, clarified, saying she had not asked for the charge to be pasted, only the summons.

Oyedepo mentioned he anticipated Bello to be in court on November 14, citing the 30-day duration of the summons, and therefore sought an adjournment until that date for the arraignment of all three defendants.

Joseph Daudu, senior advocate of Nigeria and counsel for the 2nd defendant, opposed this, arguing that the matter was set for arraignment and that they were ready. He emphasized that the defendants were independent individuals and should be treated as such.

“You cannot be using somebody as a human shield when they are not in hostage. I don’t like this practice,” he said.

Counsel for the 3rd defendant concurred with Daudu, and alternatively requested that the court consider his client’s application for bail.

Oyedepo, however, maintained that the bail application could not proceed as the charge was a joint charge, with counts of conspiracy included.

He reiterated his call for an adjournment to November 14 and informed the court of an application concerning the enforcement of the 2nd defendant’s fundamental rights, adding that the oral application could not be entertained.

Daudu insisted that this approach violated the principles of fair hearing.

“His argument is persuasive but does not go by what the law says. That until one individual appears before they can be arraigned. I don’t understand this kind of practice.

“It is an affront to fair hearing because the privilege of fair hearing allows us to raise any issue. Keeping them for 10 years will have no impact.

“They have enjoyed administrative bail before with the EFCC, so it won’t hurt their pride if they give them,” he stated.

The 2nd defendant’s counsel also sought a date for the hearing of a fundamental rights application on behalf of his client.

Although the trial judge declined the oral application for bail, she instructed the defendants to submit formal written applications.

Justice MaryAnne Anenih then adjourned the case to the 14th and 20th of November for the 1st defendant’s response to the summons and/or arraignment.

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