Investogist
No Result
View All Result
Friday, March 13, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

    Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Tinubu Nominates Taiwo Oyedele as Minister of State for Finance replacing Doris Anite

    Senate confirms Taiwo Oyedele as Minister of State for Finance

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Saudi Aramco’s Q4 Adjusted Net Income Falls 2% to $25 Billion

    Saudi Aramco’s Q4 Adjusted Net Income Falls 2% to $25 Billion

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Approve N250,000 demand for minimum wage, Labour

    Outrage Over Removal of Certificate Forgery as Petition Ground

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    Tinubu Nominates Taiwo Oyedele as Minister of State for Finance replacing Doris Anite

    Senate confirms Taiwo Oyedele as Minister of State for Finance

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Approve N250,000 demand for minimum wage, Labour

    Outrage Over Removal of Certificate Forgery as Petition Ground

    Tinubu Renews Prof. Ayo Omotayo’s Appointment as NIPSS Director-General

    Tinubu Renews Prof. Ayo Omotayo’s Appointment as NIPSS Director-General

    UK halts Study Visas for 4  Countries citing Asylum Abuse

    UK halts Study Visas for 4 Countries citing Asylum Abuse

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Nigerian Breweries Partners with Indorama Ventures to Build rPET Facility in Ogun State

    Nigerian Breweries Partners with Indorama Ventures to Build rPET Facility in Ogun State

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    CIG Motors partners with FCMB, offers up to N70m car loan to Nigerians

    FCMB Group Completes Capital Raise To meet CBN Int’l Licence

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Union Dicon Salt Plc Resumes Salt & Pepper Production Amid Revival Push

    Union Dicon Salt Plc Resumes Salt & Pepper Production Amid Revival Push

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Bitcoin and Ethereum Surges as Crypto Rebounds

    Bitcoin and Ethereum Surges as Crypto Rebounds

    Dangote Cement Hits ₦1 Trillion Profit, Proposes ₦45 Dividend

    Dangote Cement Hits ₦1 Trillion Profit, Proposes ₦45 Dividend

    NGX suspends trading in the shares of four listed companies

    NGX Suspends Trading in Zichis Agro-Allied Industries Shares

    AGM suspension: Oando’s shareholder wins court case against SEC

    Oando Plc Seeks NGX Approval for Rights Issue at ₦50 per share

    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    Fortis Global Insurance Returns to NGX Trading Floor After 6-years Suspension

    CEO of Ecobank Group to retire, new CEO announced

    Ecobank Lists Additional 5.3 Billion Ordinary Shares on NGX

    Greif Nigeria Plc nears final stage of its voluntary liquidation process

    Greif Nigeria Plc Completes Liquidation, Shareholders Receive Final ₦9 Per Share Payout

    Again DMO offers N360 billion FGN bond for February

    FGN Opens Subscription for December 2025 Savings Bonds at 13.538% and 14.538%

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

    Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Tinubu Nominates Taiwo Oyedele as Minister of State for Finance replacing Doris Anite

    Senate confirms Taiwo Oyedele as Minister of State for Finance

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Saudi Aramco’s Q4 Adjusted Net Income Falls 2% to $25 Billion

    Saudi Aramco’s Q4 Adjusted Net Income Falls 2% to $25 Billion

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Approve N250,000 demand for minimum wage, Labour

    Outrage Over Removal of Certificate Forgery as Petition Ground

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    Tinubu Nominates Taiwo Oyedele as Minister of State for Finance replacing Doris Anite

    Senate confirms Taiwo Oyedele as Minister of State for Finance

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Approve N250,000 demand for minimum wage, Labour

    Outrage Over Removal of Certificate Forgery as Petition Ground

    Tinubu Renews Prof. Ayo Omotayo’s Appointment as NIPSS Director-General

    Tinubu Renews Prof. Ayo Omotayo’s Appointment as NIPSS Director-General

    UK halts Study Visas for 4  Countries citing Asylum Abuse

    UK halts Study Visas for 4 Countries citing Asylum Abuse

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Nigerian Breweries Partners with Indorama Ventures to Build rPET Facility in Ogun State

    Nigerian Breweries Partners with Indorama Ventures to Build rPET Facility in Ogun State

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    CIG Motors partners with FCMB, offers up to N70m car loan to Nigerians

    FCMB Group Completes Capital Raise To meet CBN Int’l Licence

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Union Dicon Salt Plc Resumes Salt & Pepper Production Amid Revival Push

    Union Dicon Salt Plc Resumes Salt & Pepper Production Amid Revival Push

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Bitcoin and Ethereum Surges as Crypto Rebounds

    Bitcoin and Ethereum Surges as Crypto Rebounds

    Dangote Cement Hits ₦1 Trillion Profit, Proposes ₦45 Dividend

    Dangote Cement Hits ₦1 Trillion Profit, Proposes ₦45 Dividend

    NGX suspends trading in the shares of four listed companies

    NGX Suspends Trading in Zichis Agro-Allied Industries Shares

    AGM suspension: Oando’s shareholder wins court case against SEC

    Oando Plc Seeks NGX Approval for Rights Issue at ₦50 per share

    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    Fortis Global Insurance Returns to NGX Trading Floor After 6-years Suspension

    CEO of Ecobank Group to retire, new CEO announced

    Ecobank Lists Additional 5.3 Billion Ordinary Shares on NGX

    Greif Nigeria Plc nears final stage of its voluntary liquidation process

    Greif Nigeria Plc Completes Liquidation, Shareholders Receive Final ₦9 Per Share Payout

    Again DMO offers N360 billion FGN bond for February

    FGN Opens Subscription for December 2025 Savings Bonds at 13.538% and 14.538%

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home Business

FG discusses nationwide Okada ban as an approach to containing insecurity

Thursday, 21 July 2022, 7:53 pm
in Business, Industry, News, Nigeria
0
FG discusses nationwide Okada ban as an approach to containing insecurity
Share Share Share Share Send as Email

The Attorney-General of the Federation and Minister of Justice on Thursday said that the Federal Government has deliberated on several approaches for containing insecurity in the country, amongst which is a national ban on commercial motorcycles, popularly known as okada.

Abubakar Malami was speaking after the national security council meeting at the presidential villa, Abuja presided over by President Muhammadu Buhari on Thursday.

In addition to a nationwide ban on okada, the chief law officer of Nigeria also said that a ban on mining activities was also deliberated upon in a bid to stem the rising insecurity across the country.

He said investigation revealed that okada were used for mining activities across the country and the ban could cut off sources of funds of terrorists and bandits.

The minister, who flanked by his Interior and Police Affairs counterparts, Rauf Aregbesola and Mohammed Dingyadi, said the meeting focused on the logistics used by the terrorists to stop their activities.

Read also; Insecurity: Anambra govt begins registration of native doctors

Malami said the motorcycles were used by the bandits for movement, while mining provides them the money to fund their arms supply.

On whether the government would consider the implications of the ban of motorcycles and mining activities on ordinary Nigerians and the economy, the minister said the federal government would place national and public interests above individual interests.

“Placing a ban on the use of motorcycles and mining activities will cut the supply of logistics to the terrorists. This will be done in the national interest,” he said.

“We are Nigerians because Nigeria as a country exists and any issue that will translate into a threat to national security or the corporate existence of the country requires certain sacrifices.

“So, regardless of the means that is being considered for the possible banning, this is a sacrifice that we see as what will help address the security challenges and I think no sacrifice is too big as far as that issue is concerned.

“Above all, if you are talking of banning motorcycles, for example, I think the number of people using these motorcycles is not up to 20 percent of the Nigerian population.

“So if that percentage is called to make a sacrifice that is all-pervading or affecting over 200 million Nigerians, I think that sacrifice is not too much and is worthy of being considered.”

It remains to be seen how the M. Buhari led Federal Government will implement such a ban, given the enormous number of youths that make their living from riding okada.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

Related Posts:

  • Okada,
    Lagos govt extends Okada ban to four more LGAs
  • IMG-20220827-WA0000
    The truth about Okada Ban in Anambra State
  • Buhari June 12
    Nationwide rising insecurity, consequence of our…
  • Nig-Stock-Exchange
    Nigerian equities market Investors gain N180.88…
Previous Post

BREAKING: Double boosted Joe Biden tests positive for COVID-19

Next Post

Sadio Mane is crowned 2022 African Player of the Year on an award night dominated by Senegal

Next Post
Sadio Mane is crowned 2022 African Player of the Year on an award night dominated by Senegal

Sadio Mane is crowned 2022 African Player of the Year on an award night dominated by Senegal

Please login to join discussion
  • Trending
  • Comments
  • Latest
MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

NEIMETH lists additional 2.37 billion shares on NGX

Neimeth Seeks NGX Approval for ₦4 per share Rights Issue as Shares Trade at ₦10.10

Nigerian Breweries Partners with Indorama Ventures to Build rPET Facility in Ogun State

Nigerian Breweries Partners with Indorama Ventures to Build rPET Facility in Ogun State

Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

Nigerian Breweries Partners with Indorama Ventures to Build rPET Facility in Ogun State

Nigerian Breweries Partners with Indorama Ventures to Build rPET Facility in Ogun State

President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2026 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved