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Presidency tasks Online Editors to synergise for efficiency in reportage

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Bayo Onanuga

Mr. Bayo Onanuga, the Special Adviser to President Bola Ahmed Tinubu on Information and Strategy, has confirmed the presidency’s support for the formation of the Association of Corporate Online Publishers (ACOE) in Nigeria, established to develop ethical journalism and regulate the proliferation of the online media space, he pledged the federal government’s collaboration with the association.

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During a courtesy call on him by the delegation of the Association of Corporate Online Editors (ACOE) in Abuja on Friday, Onanuga expressed appreciation for the warm welcome and good wishes extended by the members of the association. The presidency is interested in working with the association due to its ethical direction, as earlier presented by the Chairman of the Association, Martins Odiete.

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Onanuga emphasized the importance of synergy among existing online media bodies to enhance on-the-job proficiency, effectiveness, and the dissemination of news in line with global best practices, particularly in light of the influence of online media over traditional media.

“He speaks:
I want to thank you all for wishing me a happy birthday, even if it’s a day late. I hope all of you live long, healthy, and prosperous lives. I wish the best for all of you as I wish for myself. Thank you very much.

“I extend a warm welcome to the Association of Corporate Online Editors. This is the third online association we have encountered. We are already dealing with two others, although I can’t recall their names at the moment. However, your presence is appreciated. The more associations we have while dealing with Nigeria’s information architecture, the better.

I’ve heard someone say that the government is not communicating effectively, but I want to debunk that. We are communicating through various channels. The media landscape has changed significantly with the rise of numerous actors and platforms.

“There are social media platforms like TikTok, Snapchat, and others. If you shift away from traditional media, you’ll find that numerous individuals own online media outlets. The information system is so diverse now that we cannot welcome every entity operating in this space. So, in addition to the two associations I mentioned earlier, you are also very welcome.” – Onanuga stressed.

The media guru emphasized the importance of collaboration and in-depth reporting for online platforms. He urged online platforms to work together to improve the quality of news and information. He suggested that by pooling their resources and working in synergy, online platforms could produce more in-depth and informative content.
The guru also advised online publishers to consolidate their platforms to ensure more depth in their news stories, as opposed to simply publishing shallow content. He emphasized the need to avoid using unnecessary adjectives in news reporting and stressed the importance of rigorous journalism.

Finally, he encouraged online publishers to come together, stating that collaboration would result in richer and more compelling content.

“You will also see that advertisements placements follow; you will discover that your traffic will automatically increase because readers want quality. But if you are operating in silos, it is never going to be easy at all,” Onanuga warns.

Expressing unwavering loyalty to the job he was appointed to do, the Media aide to the President assured of his commitment to President Tinubu’s vision to alleviate Nigerians from the current economic setback facing the country. He calls on Nigerians to be more patient with the administration while pledging necessary media support for the visiting Editors, the ACOE.
He maintains that its doors are open to members of the association whenever such a need arises.

Onanuga continues:
“On the part of the government, I want to tell you that I cherished this meeting, we will do our best. Once I have your contacts, anything we want to send to this group in terms of government information, we will use that contact to pass the information to the group. Also, when we get to the festive period, we would know who to approach in terms of talking to the entire group.”

“That is the spirit.

“I am here to assist the President. When he started, I wasn’t part of the media team, I was the publicity secretary for the campaign. Later, the President realized something was missing, and that’s when I came on board.

“I will do my best, drawing from over forty years of experience, to help the government communicate its message effectively.

“Currently, things are not working as the President wants, but I can assure you that in the next twelve months, Nigerians will begin to see the results of the government’s efforts for the country’s benefit.

“Though people complain about hardship, I told the BBC that cost of living crises exist globally. Maybe what is happening in the world is a cycle, and countries will have to go through certain difficulties. We are going through it, but this government is making serious efforts to reduce the hardships faced by our people.

“For example, a lady showed us a basket of tomatoes being sold for N4,000, and in Lagos, it is N10,000, and in Abuja, it is N8,000. I bought a basket of mangoes for N1,000 in Ogbomoso but in Lagos, only three mangoes were sold for N1,000. There might be sabotage or profiteering by traders, but the solution is for all of us to engage in agriculture. Let’s start planting something in our yards.

“In 1976, Obasanjo introduced ‘Operation Feed the Nation,’ promoting farming. In 1984, when Buhari came in, there were shortages of rice, milk, and sugar, and the government had to open warehouses to make these items available to people.

“This is not the first time we are going through this kind of crisis. The government is investing in agriculture to make things available and affordable, and as individuals, we also have a role to play.

“I will be starting my farm very soon. Everyone should farm. We don’t need to depend on greedy traders who are making us suffer. This is why I am welcoming all of you to my office in the villa for collaboration. Thank you.” Onayiga concluded.

Earlier, Mr. Martins Odiete, the Chairman of the Association of Online Editors (ACOE), expressed gratitude for the opportunity provided by the SA Information and Strategy to the President, regarding the meeting with the body of online editors.

During the presentation titled: “Collaborating for a Stronger Online Media Landscape in Nigeria,” Mr. Odiete highlighted ACOE’s modus operandi and emphasized the importance of working with the Presidency’s media team for media collaboration. The association stressed the need for collaboration at a time when Nigerians are eager for essential information from their government.

ACOE statement reads in parts:

“It is a great honour to meet with you today and on behalf of the Association of Corporate Online Editors, though belated, we still want to wish you a happy birthday sir.

“It is important to state here that members of this Association are thoroughly screened to avoid admitting the wrong persons. Part of the criteria used in screening them include and are not limited to; you must be a registered NUJ member, your organization must also be registered with the Corporate Affairs Commission, we are also emphasizing the need for members to pay their taxes, and most importantly you must be published daily. So this is what distinguishes us, sir.

“To this end, we are here to engage you on a subject of immense importance to us, which is: the collaboration between online media editors and your office as the Senior Special Adviser on media and strategy to our President, H.E Bola Ahmed Tinubu GCFR. In an age where information flows ceaselessly across digital platforms, this partnership is pivotal for ensuring the accurate, responsible, and effective dissemination of news and information” Odiete stressed.

The ACOE Chairman further highlighted areas of collaboration sought from the presidency’s media team:

“We are open to collaborating with your office in the following practical ways, such as establishing open lines of communication; Developing Joint Training Programs; Collaborating on Content Standards; Coordinating Major Announcements and Crisis Communication; Developing Joint Training Programs; Collaborating Content Standards; Coordinating on Major Announcements and Crisis Communication; Engaging in Collaborative Campaigns; Establishing a Feedback Loop; Promoting Transparency and Accountability.

“For example, open and transparent communication is crucial. Regular dialogues between online media editors and the senior special adviser can help bridge gaps in understanding and align our goals. Regular meetings, virtual conferences, and dedicated communication channels can ensure that both parties remain in sync, addressing any emerging issues promptly.

“Meanwhile, all areas of the above collaboration demands have been properly summarized for further perusal by your office as listed.

“And in times of major national announcements or crises, coordination between online media Editors and the government is vital. You can provide timely and accurate information to online media editors, ensuring that the public receives clear and coherent messages. This collaboration helps prevent misinformation and fosters public trust.

“Constructive feedback is essential for growth and improvement. Establishing a system where online media editors can provide feedback to you —and vice versa—helps in refining our approaches. This feedback loop ensures that both parties remain responsive to the needs and concerns of the public.

“Meanwhile, our Association conducted a nationwide Public Perception Opinion Poll to mark President Tinubu’s one year in office. With better collaboration, we can cover more ground to make your job easier by promoting Transparency and Accountability.

“On a final note, our collaboration should be rooted in transparency and accountability. By demonstrating a commitment to these principles, we can foster a more trusting and informed public. Regular reports on our collaborative efforts and outcomes can be shared with the public to maintain this trust.” Odiete stressed.

The Chairman of ACOE concluded by outlining the upcoming projects to mark the association’s second anniversary and public presentation. He mentioned, “Our Association will turn two years old in February next year, and we are planning to celebrate with an Investiture program. We will be seeking the support of your office in organizing this event.

“It is important to emphasize that the collaboration between online media editors and your office as the Senior Special Adviser on Media to the President is not just beneficial but essential in today’s digital age. By working together, we can ensure that the information reaching the public is accurate, responsible, and serves the greater good of society.

“Thank you, and we look forward to the fruitful collaborations that lie ahead,” Martin Odiete concluded.

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Plane carrying Israeli students to Poland makes emergency landing in Turkey

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The Education Ministry said it is in contact with security and education officials and is coordinating with admins and parents.

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A plane carrying a group of 150 Israeli students on a trip to Poland made an intermediate landing in Antalya, Turkey, the Education Ministry said on Monday.

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The landing was made following concerns about a technical malfunction, and for reasons of caution, a decision was made to stop in accordance with aviation rules.

N12 reported that a bird had entered the plane’s engine during the flight.

The high school student delegation – from Ein Kerem High School in Jerusalem – was en route to Poland on a standard school trip to learn about the events of the Holocaust. They were accompanied by security personnel from the Shin Bet, as is customary for any delegation to Poland.

The Education Ministry said that they are in continuous contact with security and education officials and are in coordination with school administrations and parents.

The Auschwitz-Birkenau concentration camp in Poland. September 19, 2021. (credit: NATI SHOHAT/FLASH90)
It was reported that all the students “are feeling well, staying in a safe and protected area within the airport, and are closely accompanied by the teaching staff who are with them at all times.”

In addition, the ministry was informed that a replacement plane is on its way to them, and it is estimated that at 3:00 p.m., they will take off for Krakow to continue their educational journey.

Holocaust learning
Israeli school trips to Poland typically take place in the winter and the summer, and, according to Education Minister Yoav Kisch, aim to allow “students to commemorate the victims of the Holocaust, to be exposed to the atrocities that took place, and to prove the victory and resurrection over the attempt to destroy the Jewish people.”

In November 2023, the ministry announced it would cancel the winter Poland trips due to the rise of antisemitism worldwide in the aftermath of the Israel-Hamas war.

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FY 2024: Fidelity Bank records a 210.0% growth in PBT to N385.2bn

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…Declares a total dividend of N2.10 per share

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Lagos, Nigeria, March 29, 2025: Leading financial institution, Fidelity Bank Plc, released its 2024 full-year Audited Financial Statements, reporting a 210% growth in Profit Before Tax to N385.2 billion.

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According to the Bank’s results released on the Nigerian Exchange (NGX) on Friday, 28 March 2025, Gross Earnings increased by 87.7% to N1,043.4bn, driven by 106.9% growth in interest and similar income to N950.6bn. The increase in Interest Income was led by a combination of improved yield on earnings assets and 51.6% expansion in earnings base to N6.3tn. This led to a Profit After Tax of N278.1 billion, representing a 179.6% annual growth.

Commenting on the results, Dr. Nneka Onyeali-Ikpe,OON, Managing Director/Chief Executive Officer, Fidelity Bank Plc said, “We are delighted with our 2024 full-year (FY) performance, which showed strong growth across key revenue lines, improved asset quality, and significant traction in our strategic business segments. Our impressive results led to a triple-digit increase (210.0%) in Profit Before Tax (PBT), rising from N124.3bn in 2023 to N385.2bn in 2024.”

A further review of the financial performance revealed that the bank’s net interest income increased by 127.1% to N629.8 billion, driven by a high-yield environment in 2024. To optimize its margin, the bank sustained its asset yields above funding cost by maintaining a high low-cost deposit profile at 92.6%. This led to an increase in its Net Interest Margin from 8.1% in 2023 FY to 12.0%.

Similarly, the bank continued to deepen its market share in both the corporate and retail segments, with customer deposits increasing by 47.9% from N4.0trn in 2023FY to N5.9trn. The increase was driven by strong double-digit growth across all deposit types. The Retail Banking Business gained significant traction with savings deposits increasing by 28.8% to N1.1trn, marking the 10th consecutive year of double-digit annual growth in savings deposits.

Despite the difficult economic terrain in 2024, the bank has continued to support the real sector of the economy by increasing its Net Loans & Advances from N3.1tn in 2023FY to N4.4tn in 2024FY.

“This remarkable performance demonstrates our capacity to deliver superior returns to our shareholders. In line with our commitment to them, we have declared a final dividend of N1.25 per share, bringing our total dividend for the 2024 financial year to N2.10 per share”, explained Onyeali-Ikpe.

Having consistently paid dividends since 2006, Fidelity Bank will pay investors a total dividend of N2.10 per share for the 2024 financial year, subject to shareholders’ approval at its Annual General Meeting (AGM) on 29 April 2024. The dividend will be paid on 29 April 2025 to shareholders whose names appear on the register of members as of 15 April 2025.

It will be recalled that the bank successfully completed the first phase of its capital raising exercise through a Public Offer and Rights Issue in 2024, which were oversubscribed by 237.92% and 137.73%, respectively. The positive result is a testament to the strength of the Bank’s franchise in the capital market. A total of N175.9bn was recognized as fresh capital in 2024 financial year from the exercise, which had a positive impact on its Capital Adequacy Ratio (CAR) at 23.5%. The bank plans to conclude the second phase by Q3 2025, ahead of the Central Bank of Nigeria’s deadline, which will further strengthen its capital base and reaffirm its attainment of Tier 1 Bank status in the Nigerian Banking Industry.

Fidelity Bank Plc is a full-fledged commercial bank with over 9.1 million customers who are serviced across its 251 business offices and various digital banking channels in Nigeria and the United Kingdom.

The Bank is the recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine.

Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.

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Jungle Justice and the collapse of Law in Nigeria

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By Sunday James

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The gruesome killing of 16 innocent northern hunters in Uromi, Edo State, over false accusations of kidnapping is yet another damning indictment of the failure of law and order in Nigeria.

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Time and again, innocent lives have been lost to the mindless brutality of mob justice, a savage and inexcusable act that has become far too common across the country.

This is not an isolated incident. Nigeria has witnessed several tragic cases of jungle justice where angry mobs, fueled by misinformation and misplaced aggression, have taken the law into their own hands.

The Aluu Four incident in 2012, where four young university students in Rivers State were falsely accused of robbery, beaten, and burned to death in a horrific public spectacle, remains one of the most chilling examples.

In 2022, Deborah Samuel, a young student in Sokoto State, was lynched by fellow students over alleged blasphemy, an incident that sparked outrage but yielded little justice. In Lagos, several suspected petty thieves were set ablaze by mobs in broad daylight without any fair trial.

Across the country, from Anambra to Kano, Port Harcourt to Abuja, numerous cases of public executions by mobs continue to surface, often with little to no legal consequences for perpetrators.

The rise of mob justice is fueled by a cocktail of systemic failures that have left Nigerians disillusioned with formal justice mechanisms.

The breakdown of law and order, where the Nigerian police fail to deliver swift and transparent justice, has led to public distrust, encouraging citizens to take matters into their own hands. Rising insecurity, including the surge in kidnappings, banditry, and violent crimes, has left many communities in perpetual fear, triggering knee-jerk reactions to perceived threats. Ethnic and religious tensions have also played a major role, with deep-seated biases making certain groups more vulnerable to targeted attacks.

The proliferation of unregulated local vigilante groups and security outfits has further emboldened extrajudicial actions against innocent civilians. Additionally, the slow pace of criminal trials and the failure to punish perpetrators of jungle justice have normalized impunity.The Edo killings, like many before them, must not be swept under the rug.

The government must ensure immediate arrest, prosecution, and conviction of all those involved in this heinous act. Strengthening law enforcement agencies to curb vigilante excesses and restore public trust is paramount.

There must be massive public enlightenment campaigns to educate citizens on legal redress rather than mob action. Strict penalties must be enforced against communities and groups involved in jungle justice to deter future occurrences.The Nigerian government must wake up to its responsibility of protecting lives and ensuring justice for all.

If mob justice continues unchecked, no one is truly safe. This latest atrocity in Edo should be the final warning: justice delayed is justice denied. The killers must be held accountable, and a nationwide crackdown on jungle justice must begin immediately. Enough is enough. The rule of law must prevail.

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