Business & Economy
NUJ Cooperative Thrives as Journalists Embrace Savings Culture for Financial Security
By David Owei, Bayelsa
The Nigeria Union of Journalists (NUJ) Cooperative in Bayelsa State is making a significant impact on the lives of journalists, encouraging a culture of saving and financial independence.
The Cooperative which started as a small initiative about ten years ago, to help members manage their finances before payday has grown into a reliable system of savings and investments.
It has continues to grow, providing financial relief and security for journalists in Bayelsa State. With its increasing membership and benefits, stakeholders are optimistic that more journalists will embrace the initiative, ensuring long-term financial stability in the profession.
Speaking during the NUJ Cooperative AGM to celebrate a successful 2024 at the State Council Secretariat, the Cooperative team lead, Mr Hussain Sheriff, revealed that many journalists who initially struggled to set aside money are now consistently saving up to fifty thousand naira monthly.
He emphasized that the cooperative has helped members cultivate financial discipline, ensuring they have funds to fall back on, especially during the festive season.
He said, “The cooperative started as a way to support members to be able to hold themselves before salary comes at the end of the month. The design is very simple, almost very insignificant interest, so that you can take a loan, hold yourself by end of the month, you now pay.
“But along the line, it has blossomed. We realized that a lot of people are ready to even save a lot of money, so that by December, they are able to tap into that money and use it to help their family.
The Director General of Bayelsa State New Media, Dr. Samuel Oredipe,
highlighted that the cooperative has been running successfully for almost a decade. He noted that membership continues to grow and encouraged journalists to embrace the habit of saving, no matter how little they earn, as it provides financial stability and support in times of need.
“I will like to encourage as many as possible, that no matter how little that you think you earn, you can save something reasonable from it and that you will be okay to a great extent in solving your immediate needs and that is what is key to me.
“So I am happy that I am with my friends and colleagues whom we share this cooperative together just to wine and to relax. I am also happy that we are increasing in number by the year, I just heard a few more addition of members into the NUJ Cooperative Society. I think it is good for us that we are growing”, Oredipe said.
Former NUJ Bayelsa Chairman, Tarinyo Akono, who played a key role in registering the cooperative, acknowledged the financial struggles journalists face, especially those in the private sector. He explained that the cooperative offers loans at minimal interest rates, unlike banks that impose strict repayment conditions. According to him, the initiative has been a lifesaver for many journalists.
He said, “I wouldn’t say journalists are poor people but I know that our remuneration is poor particularly those in the private sector. So while I was chairman, I mooted this ideal to register the cooperative in the name of the NUJ and then we started this process. We have assisted ourselves so much with this cooperative.
“For me, it is an opportunity to save, even though you might be saving else where. It is going to relief you going to the bank to take a loan and then stress yourself paying back. The situations are not the same at all. The interest here is very minimal, we don’t need to put you under pressure like the other regular Banks to pay back. That is why we encourage journalists to join.”
Tife Owolabi, Chairman of the Federated Correspondents Chapel, stressed the importance of saving, likening it to preparing for a “rainy day.” He urged journalists who are not yet part of the cooperative to join, stating that having savings readily available is a better alternative to seeking financial help from others during emergencies.
“I encourage NUJ members and others who have not keyed into this to actually join because you can never know when the need will come and when we are together in like minds, you can always believe that you will see a bail out at any given time. So, if you are not in the NUJ Cooperative, you are missing.
“Saving culture is actually good thing for any person especially for some us journalists who don’t really collect salary, the little thing you see one way or the other, just have that culture of saving and you will see that whenever the need arises, you are using it to solve your problem rather than going to beg people for help all the time”, he said.
Also, a female member of the Cooperative from the Ministry of Information Chapel, Mrs. Patient Nick Osuto, shared how the cooperative has been particularly beneficial for female journalists who also manage households. She explained that saving throughout the year allows them to comfortably afford bulk purchases during festive periods.
She said, “We developed a culture of saving from January to December, at least any amount you can save, maybe Ten Thousand or any amount you think you can save. It has been helping because at the end of the year, this money we have saved from the beginning of the year, is going to be shared, so that by the time you get your alert, that time you will feel very amazed how much you have save.
“I want to encourage other female journalists to come and join. It is not a bottleneck association, just feel free and join. Anybody can join as far as you are a journalist, you are welcome.”
Business & Economy
Niger Delta group commends FG on Immigration Law compliance
By David Owei,Bayelsa
A Niger Delta Think Tank, the Movement of Intellectuals for National Development (MIND), has commended the Federal Government over its directive on strict compliance with the Nigerian Immigration Law.
MIND, in a letter to the Minister of Interior, signed by its Western Coordinator, Ebi Warekromo, stated that the Ministry’s firm statement condemning the abuse of Nigeria’s immigration framework by certain expatriate workers and their employers operating within the country was a welcome development.
According to him, the Ministry’s ‘’clear and decisive position sends a strong signal that the Federal Government remains committed to upholding the rule of law, protecting the integrity of Nigeria’s immigration system, and safeguarding employment opportunities that should rightfully be available to qualified Nigerians.’’
Warekromo, while recalling a recent petition by the group that was submitted to the National Assembly, vowed that it would continue to work with all relevant agencies of the government to expose abuse of Nigeria’s Immigration Law.
The statement read in part: ‘’Our organization had recently submitted a petition to the Senate President of the Federal Republic of Nigeria, highlighting disturbing patterns of non-compliance with immigration and expatriate quota regulations by some multinational corporations operating in Nigeria. The petition specifically drew attention to issues relating to the operations of TotalEnergies Nigeria, including allegations of expatriate personnel occupying positions that are ordinarily meant for Nigerians, the misuse of expatriate quota approvals, and practices that undermine the objectives of Nigeria’s labour and local content policies.
It is therefore highly reassuring to note the Ministry’s strong condemnation of such practices and its commitment to ensuring strict compliance with Nigeria’s immigration laws. We believe this position is both timely and necessary to protect national interests, strengthen institutional accountability, and ensure that expatriate participation in Nigeria’s economy genuinely contributes to skills transfer and national development.
In light of this, the Movement of Intellectuals for National Development expresses its readiness to work constructively with the Ministry of Interior and its relevant agencies in identifying and addressing cases of immigration law violations. We believe that collaboration between regulatory institutions and responsible civil society organizations will significantly enhance efforts aimed at curbing these detrimental practices.
Business & Economy
*HallowMace Foundation and Partners Unveil Final Three Nominees Per Geo-Political Zone for 2026 National Legislative Award, Announces Final Voting Stage*
ABUJA, April 16, 2026, The HallowMace Foundation and Partners have officially released the final list of the last three outstanding nominees per Nigeria’s six geo-political zones for the upcoming National Legislative Award, scheduled to take place in July 2026.
After a rigorous selection process incorporating input from Nigerian citizens and the National Assembly Press Corps, the Foundation and Partners finalized the roster of distinguished Senators and House of Representatives members who have demonstrated exceptional legislative performance.
The nominees are grouped by geo-political zone as follows:
*SOUTH EAST*
*Senate*
Sen. Enyinnaya Abariba
Sen. Victor Umeh
Sen. Osita Izunaso
*House of Reps*
Hon. Benjamin Kalu
Hon. Dominic Okafor
Hon. Chike Okafor
*SOUTH SOUTH*
*Senate*
Sen. Seriake Dickson
Sen. Adams Oshiomole
Sen. Asuquo Ekpenyong
*House of Reps*
Hon. Frederick Agbedi
Hon. Francis Waive
Hon. Inombek Awaji-Abiante
*SOUTH WEST*
*Senate*
Sen. Opeyemi Bamidele
Sen. Solomon Olamilekan
Sen. Abdulfattah Buhari
*House of Reps*
Hon. Akin Rotimi
Hon. Babajimi Benson
Hon. Oluwole Oke
*NORTH CENTRAL*
*Senate*
Sen. Sani Musa
Sen. Natasha Akpoti-Uduanghan
Sen. Aliyu Wadada
*House of Reps*
Hon. Terseer Ugbor
Hon. Saidu Musa Abdullahi
Hon. Jonathan G. Gaza
*NORTH EAST*
*Senate*
Sen. Abdul Ninji
Sen. Muhammed Monguno
Sen. Muhammed Danjuma Goje
*House of Reps*
Hon. Laori K. Bitrus
Hon. Ahmadu Usman Jaha
Hon. Bello Usman Kumo
*NORTH WEST*
*Senate*
Sen. Hussaini Babangida Uba
Sen. Sunday Katung
Sen. Aminu Waziri Tambuwal
*House of Reps*
Hon. Hassan Fulata
Hon. Abdussamad Dasuki
Hon. Sada Soli
According to the Organisers, these nominees represent the *“last three”* standing per zone following extensive voting by Nigerian public and legislative correspondents. They have been recognized for their outstanding contributions to lawmaking, oversight, and constituency representation.
*Voting For The Next Stage Now Open*
The HallowMace Foundation and Partners hereby announce that voting for the final selection stage has commenced effective today, April 16, 2026. In this crucial phase, members of the public are invited to vote to select one Senator and one House of Representatives member per geo-political zone from the list of final nominees.
Email: thenationallegislativeawards@gmail.com
This stage of voting shall close on the last day of April 2026 (April 30, 2026) . Winners will be determined by a combination of public votes and final validation by the National Assembly Press Corps.
The National Legislative Award ceremony is set to hold in July 2026, where the final winners will be unveiled and celebrated for their dedication to the Nigerian project.
*About HallowMace Foundation*
The HallowMace Foundation is a non-partisan organization committed to promoting legislative excellence and accountability across Nigeria.
*Signed:*
Amb. Oguh Hyginus John
*Head, Public Communications Desk*
The National Legislative Awards Planning Committee
Business & Economy
PPP Business Model Responsible for Success of NLNG -Fubara *Pledges Continued support for Corporate Organizations operating in Rivers State
By George Mgbeleke
Governor of Rivers State, His Excellency, Sir Siminalayi Fubara has attributed the success of the Nigeria Liquified Natural Gas ( NLNG) Limited to the Public Private Partnership ( PPP) business model adopted by the Federal Government and the multinational oil companies from the inception of the organisation.
Governor Fubara stated this while receiving the new Managing Director and Chief Executive Officer of the NLNG, Mr Adeleye Falade who paid him a courtesy visit at Government House, Port Harcourt.
The NLNG is jointly owned by Nigerian National Petroleum Corporation (NNPC) with 49%, Shell Gas B.V. with 25.6%, Total LNG Nigeria Ltd with 15%, and Eni International with 10.4%.This partnership model allows for shared risks, costs, and expertise in the LNG sector.

L to R: Miss Homa Nmegbu, Govt. Relations Advisor; Abdul Saleh, Technical Adviser to Exexutive Management; Dr Yemi Adeyemi, Manager Community Relations; Abdul Umar, Manager, Government Relations; Engr Adeleye Falade, MD/CEO, Governor of Rivers State, His Excellency, Siminalayi Fubara; Dr Sophia Horsfall, GM, External Relations & Sustainable Development; Mike Igoni, Head, Govt Relations; Ifeanyi Umeh, Head Community Engagement & Liaison, Kate Allison, Senior Govt Relations Advisor and Emma Nwatu, Senior Media Advisor, in a group photograph during the courtesy visit on Wednesday.
In a statement by his Chief Press Secretary,Onwuka Nzeshi, governor Fubara observed that the NLNG has not only survived the difficult business environment but has made sustained progress in the nearly three decades of its existence. According to him, the decision of the Federal Government to allow the multinational oil companies who have the needed expertise to run the establishment while government plays a supervisory role over it, has largely been responsible for its success.
” I’m very proud to say that if there is one establishment that has shown resilience, that has survived in the face of all the political issues prevalent in this country, it is the NLNG. And what is the reason? The reason is very simple. Government has no business in business. That is the truth. Leave the business for those people who can operate it. Let the government play its supervisory role to ensure that there is compliance with the laws; ensure that standards are maintained and also ensure that the right people with the needed expertise are at the helm of affairs. That’s all. I think that is the reason why we still record a lot of successes in NLNG,” he said.
Governor Fubara pledged the continued support of his administration for the NLNG, stressing that the success of the organisation is equally the success of the government of Rivers State and the success of the Federal Government of Nigeria. He gave assurance that his administration will continue to contribute it’s own quota in support of the NLNG.
“Our duty is to make sure that we support whoever is operating in our state. We are the ones here. If we don’t support you and you don’t succeed, we also will not succeed and Mr President will also not succeed.
“So the success of your establishment is the success of our state, and overall success of Nigeria. So you can count on our support. Wherever you think we need to come in to support you, please do not hesitate to call upon us.
“You just mentioned here that your predecessor left a handover note showcasing the level of support that he got from the state. It is not going to be different in your own case. I can assure you that. I will also ensure that other units of the government will liaise with you when necessary. So even if you can’t get to me, you can always get to them and if there is anything we can do to help your establishment succeed, we will do it for you,” he said.
In his opening remark, the new CEO of the NLNG, Mr Adeleye Falade who led other top officials of the company on the visit, expressed appreciation for the audience granted them and appealed to the Government of Rivers State to continue to support the organisation.
” We appreciate the opportunity to meet with you and deepen this important relationship.We deeply value the support the Rivers State Government continues to extend in fostering an enabling operating environment for businesses. NLNG remains deliberate in its contribution to Nigeria’s development, and Rivers State, our primary host, continues to be central to that commitment,” he said.
The company, Falade said, has continued to work with its host communities to strengthen their capacity to identify, prioritise, and deliver sustainable development initiatives that create lasting impact. According to him
communities including Amadi-ama, Abua, Ekpeye, Okrika, Kalabari, and Emohua have continued to benefit from this model. He said that beyond community infrastructure, the NLNG have sustained investments in economic empowerment through initiatives such as Vocational Innovation and Business Empowerment Scheme (VIBES) and Micro Small and Medium Enterprise (MSME) schemes. These, he said, were designed to support small businesses, build capacity, and stimulate local enterprise across the state.
Among officials of the company who accompanied the Managing Director where General Manager, External Relations and Sustainable Development, Dr Sophia Horsfall; Manager, Government Relations, Mr Abdul Umar; Manager, Community Relations; Dr Yemi Adeyemi; Head of Government Relations, Mr Mike Igoni; Head of Community Liaison and Engagement, Chief Ifeanyi Umeh. Others are Technical Assistant to Executive Leadership, Mr Hassan Saleh; Senior Media and Publicity Advisor, Mr Emma Nwatu; Government Relations Advisor, Miss Homa Nmegbu, Senior Government Relations Advisor, Mrs Kate Allison and Audio -Visual Advisor, Mr Dawood Ahmed.
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