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Oyo govt. moves to reposition gaming business, engages stakeholders

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The Oyo state government through its Gaming Board, on Wednesday, engaged gaming operators and other stakeholders on better ways to improving gaming businesses in the state.

Remarking at the forum, the Secretary to the State Government, Mrs Olubamiwo Adeosun, declared that the state government prioritised the welfare of its citizens over revenue generation.

“The welfare of our people is what we need to be saying continuously,

and even though we recognize that what the games does is boosting the revenue of the state.

“But it is very clear that even as we pursue the revenue drive and not just in gaming but everywhere, we ensure that the interest of the people are always considered first.

“Putting the people first is one of the key agenda items so dear to Governor Seyi Makinde, so we are not going to create a situation whereby because we are looking for the revenue or seeking to increase revenue to help the people, we impoverished the people,” she said.

The state’s scribe further maintained that all what the present administration had been doing since it came on board; wether in education, health, security and agribusiness, were centered on people.

She lauded the state gaming board for organising the meeting, saying the board has brought up very pertinent issues that needed to be addressed.

According to her, the theme of the stakeholders interactive forum, ‘Redefining Responsible Gaming’ will guide the operators, the regulators “and even the gamers on the best practices.

“It will also find the balance between generating revenue for the state and maintaining mental welfare of the people of Oyo State.

“In addition, it will redefined the entire culture of gambling to accommodate only fun and entertainment.”

The Director-General of the board, Mr. Olajide Boladuro, said the forum with the theme – ‘Redefining Responsible Gaming’ was necessary as part of the activities to regulate the gaming industry.

According to Boladuro, gaming and lottery industry is gaining attraction in the country.

“Based on the prospects of the industry, the board has taken it upon itself to addressing the issue of responsible gambling in the state.”

“While we are excited to tap into the enormous revenue potentials that the industry present, our priority is to create an enabling environment for businesses to thrive.”

“Problem and responsible gambling is a constant focus of ongoing research and advancement world-wide,” Boladuro said.

The DG added that the importance of proactive responsible gaming programmes was paramount as a result of the recent market studies estimating that the global casino market alone would expand at a compounded annual growth rate of 10 per cent over the next five years.

He expressed optimism that discussions from the forum would chart a new and better path for the operators and other stakeholders in the gaming industry.

One of the operators, a House of Representatives member, Mr. Akin Alabi of Nairabet Sport Game, said the forum was the first of its kind in the state, describing it as the right way to go, “because the industry is relatively new and it is a very dynamics industry.”

“We have to stay on top of it, and we have to be abreast of the development, thus the forum has brought different people together to formulate policies that will move the industry forward.”

Alabi urged the Gaming board to come up with a very strong policy that the operators must adhere to.

He added that the operators too must start to regulate themselves through formulation of policies, rules and regulations.

Highpoints of the Interractive Stakeholders Forum which is the third edition was two panel sessions which saw experts and stakeholders in different fields that relates with gaming exchanging views as to how the sector could improve.

The two fold event also saw the Board hosting the stakeholders to a dinner where awards were presented to operators and stakeholders as reward for their exemplary role in upholding the sector.

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IGP Disu seeks NIPR partnership to boost public trust in police

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NIPR President, Dr Ike Neliaku, in a handshake with the Inspector-General of Police, Olatunji Disu, at the Force Headquarters in Abuja on Tuesday.

The Inspector-General of Police, IGP Olatunji Disu, has called for stronger collaboration between the Nigeria Police Force (NPF) and the Nigerian Institute of Public Relations (NIPR) to enhance public confidence in the police.

The IGP made the call on Tuesday when he received a delegation of the NIPR, led by its President and Chairman of Council, Dr Ike Neliaku, on a courtesy visit to the Force Headquarters, Abuja.

According to a statement issued by the Force Public Relations Officer, CSP Ani Iniedu, the IGP emphasised the importance of effective communication, professionalism, transparency and fairness in strengthening the relationship between the police and members of the public.

Disu noted that every police officer was an image-maker of the Force, adding that the conduct of personnel in their daily interactions with citizens had a direct impact on public perception of the police.

He said the Nigeria Police Force (NPF) remained committed to policing by consent and promoting a service-oriented policing culture built on professionalism, empathy, accountability and respect for human rights.

The IGP also sought the support of the NIPR in providing specialised communication training for police personnel and developing a coherent communication framework that would effectively communicate the sacrifices and contributions of police officers to public safety and national security.

Earlier, Neliaku commended the IGP for his professional accomplishments and briefed him on Nigeria’s hosting of the 2026 World Public Relations Forum and Africa Charter Forum.

The international event is scheduled to hold at the Transcorp Hilton, Abuja, and is expected to attract more than 3,000 delegates from 126 member countries of the Global Alliance for Public Relations.

The NIPR delegation also sought the support of the Nigeria Police Force in security planning and coverage for the event.

Neliaku further invited the IGP to serve as a keynote speaker at the forum and encouraged police officers to register and participate as delegates.

The delegation included the Secretary-General of the African Public Relations Association, Dr Omoniyi Ibietan; Dr Suleiman Haruna; Mrs Maryam Sanusi; Mrs Olubunmi Badejo; Commandant Olusola Odumosu; Chief Uzoma Oyegbadu; Chief Moji Makanjuola; Mr Stanley Ogadigo and other members of the institute.

Iniedu said the meeting reflected the commitment of the  Police Force to building productive partnerships with professional bodies and other stakeholders to strengthen public trust, enhance public safety and promote national security.

 

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Inflation drops marginally to 15.39% — NBS

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Nigeria’s headline inflation rate fell marginally to 15.39 per cent in August 2026 from 15.43 per cent in July, according to the National Bureau of Statistics.

The NBS disclosed this in its Consumer Price Index released on Tuesday, saying the latest figure represented a 0.04 percentage point decline from the previous month.

The statistics agency, however, reported a sharper decline in the month-on-month inflation rate, which dropped to 0.71 per cent in August from 1.57 per cent in July.

The month-on-month rate, according to the bureau, declined by 0.86 percentage points compared with the July figure.

The NBS explained that the development indicated that the rate at which the average price level increased in August was slower than that recorded in July.

The latest data also showed a significant moderation in food inflation, which stood at 19.57 per cent year-on-year in August.

The figure was substantially lower than the 25.30 per cent recorded in August 2025.

On a month-on-month basis, food inflation fell to 1.02 per cent in August from 5.56 per cent in July, representing a decline of 4.55 percentage points.

The NBS said the development showed that food prices were still rising, but at a slower rate during the month under review.

It attributed the decline largely to changes in the average prices of a number of food items, including palm oil, carrots, pepper, onions, cassava flour, beef, yam flour, water yam, melon (egusi), fresh ginger, fresh fish, Irish potatoes, wheat grain, frozen chicken and turkey meat.

At the state level, Adamawa recorded the highest year-on-year food inflation rate in August at 38.85 per cent.

It was followed by Zamfara with 37.96 per cent and Bayelsa with 36.20 per cent.

On the other hand, Borno recorded the lowest year-on-year food inflation rate at -4.04 per cent, followed by Jigawa at -0.23 per cent and Kebbi at 3.47 per cent.

The month-on-month figures presented a different picture, with Katsina recording the highest food inflation rate at 9.48 per cent.

Rivers and Osun followed with 8.86 per cent and 8.32 per cent respectively.

Taraba recorded the lowest month-on-month food inflation rate at -12.42 per cent, followed by Borno at -12.15 per cent and Bauchi at -8.88 per cent.

The latest figures indicate a moderation in the pace of price increases, particularly in the food sector, although the NBS data show that consumers continue to face varying price pressures across the states.

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Nigeria’s Oil Output Rises to 1.68m Barrels Per Day

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Nigeria’s crude oil and condensate production rose to 1.68 million barrels per day in August 2026, representing a 0.4 per cent increase from the 1.67 million barrels per day recorded in July.

The Nigerian Upstream Petroleum Regulatory Commission disclosed this in its latest production report released on Sunday.

Excluding condensate, the country produced an average of 1,500,190 barrels of crude oil per day in August, allowing Nigeria to meet its Organisation of Petroleum Exporting Countries quota for the fourth consecutive month.

Daily combined crude oil and condensate production ranged between 1.64 million barrels and 1.71 million barrels during the month under review.

A breakdown of production by terminals showed that Bonny Terminal recorded the highest output at 320.04 thousand barrels per day, followed by Forcados Terminal with 317.40 thousand barrels per day.

Qua Iboe Terminal recorded an average production of 171.72 thousand barrels per day, while Escravos Oil Terminal posted 131.71 thousand barrels per day.

Bonga ranked fifth among the highest-producing terminals, with an average output of 92.50 thousand barrels per day.

The NUPRC attributed the modest improvement in August production largely to the resolution of operational challenges involving the Single Buoy Mooring at the Erha field.

The commission said the challenges had adversely affected production in the preceding month.

“The restoration of normal evacuation and production operations at the asset contributed positively to overall production volumes during the period under review,” the commission’s spokesperson, Eniola Akinkuotu, said in a statement on Sunday.

The regulator added that production activities across most other producing assets remained relatively stable during the month.

“Production activities across most other producing assets remained relatively stable, with operators sustaining implementation measures aimed at optimising production efficiency, maintaining asset integrity, and minimising operational disruptions,” the statement said.

The latest figures indicate a continued improvement in Nigeria’s oil production, with the country maintaining its OPEC quota compliance for the fourth consecutive month.

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