Senior Special Adviser to the President on Information and Strategy Bayo Onanuga has dismissed a report of a United State (U.S.) court ordering two law enforcement agencies to release information on President Bola Ahmed Tinubu during a “purported federal investigation in the 1990s.”

In a tweet on his verified X handle, Onanuga told those agitated by the directive that there would be nothing revealing in the anticipated report.

In an April 9 ruling, District Court for the District of Columbia Judge, Beryl Howell ordered the Department of State, Federal Bureau of Investigation (FBI), Internal Revenue Service (IRS), Drug Enforcement Administration (DEA) and the Central Intelligence Agency (CIA) to release the information to Mr. Allan Greenspan.

The information being sought by Greenspan was classified as “confidential information” generated during a “purported federal investigation in the 1990s.”

Judge Howell said that protecting the information from public disclosure “is neither logical nor plausible.”

Commenting on the ruling, Onanuga said: “There is nothing new to be revealed. The report by Agent Moss of the FBI and the DEA report have been in the public space for more than 30 years. The reports did not indict the Nigerian leader”, Onanuga said yesterday.

He said that counsel to the President have been “examining the ruling”.

Nigeria is setting sail towards a greater role in international maritime affairs as it bids for election into Category C of the International Maritime Organization (IMO) Council.

Leading this ambitious push is the Honourable Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola (CON), whose vision is to position Nigeria as a dominant force in global shipping and maritime governance.

The IMO, a specialized United Nations agency responsible for regulating international shipping, holds its Council elections later this year. Category C is specifically reserved for nations with significant interests in maritime transport and trade, providing them with a platform to contribute to shaping global maritime policies. For Nigeria, securing a seat is not just a diplomatic pursuit it represents a strategic leap forward for economic growth, regional leadership, and maritime security.

At the heart of this campaign is Nigeria’s intention to amplify its voice in international maritime decisions. Membership in the IMO Council would afford the country a pivotal role in the formulation of regulations and policies that affect shipping, safety, environmental protection, and trade. This influence would allow Nigeria to safeguard both its national interests and those of the broader West African sub region.

Economic prospects tied to the blue economy form another cornerstone of Nigeria’s bid. With a coastline stretching over 850 kilometers and a maritime domain rich in resources, Nigeria is aggressively advancing its blue economy agenda. A seat at the IMO table is expected to draw foreign investment, stimulate port infrastructure development, and enhance trade efficiency all in line with President Bola Tinubu’s broader strategy for economic diversification.

Maritime security is also high on the agenda. Nigeria, which has made considerable strides in curbing piracy in the Gulf of Guinea, sees IMO Council membership as a means of deepening international collaboration, adopting global best practices, and enhancing safety standards along its waterways.

The campaign also underscores Nigeria’s commitment to human capital development. By aligning more closely with the IMO, Nigeria aims to provide its maritime professionals especially young people with increased access to global training programs and capacity building initiatives. This would help nurture a new generation of skilled seafarers, engineers, and administrators capable of competing on the world stage.

Nigeria’s regional leadership is also in focus. As Africa’s largest economy, the country seeks to use its potential IMO seat to drive greater cooperation among African maritime nations, promote sustainable development, and project a unified continental voice in international maritime diplomacy.

In addition, Nigeria anticipates increased access to technical support and maritime innovation through IMO engagement. This includes advancements in shipping technology, logistics modernization, and enhanced port management critical components for a thriving maritime industry.

Oyetola’s Vision and Commitment

Oyetola, since his appointment, has consistently emphasized the need for Nigeria to embrace its maritime identity and assert its global relevance. His advocacy for Category C membership has been described by stakeholders as a bold and necessary step in unlocking the full potential of the sector.

“Nigeria must take its rightful place on the global maritime stage. Our waters, our people, and our potential deserve nothing less,” Oyetola affirmed during a recent stakeholders’ engagement on the bid.

As the IMO elections approach, there is growing optimism that Nigeria’s strategic location, extensive maritime assets, and clear policy direction will earn it a seat at one of the most influential tables in global shipping. The journey to Category C may be competitive, but with strong leadership at the helm, Nigeria is navigating with purpose and promise.

Jamiu Omookose

The Federal Government has confirmed the crude and refined product sales in Naira initiative remains a standing national policy and will continue indefinitely.

However, the policy will stay in place as long as it serves the public interest and supports Nigeria’s broader economic goals.

This assurance was contained in the official X (formerly Twitter) handle of the Federal Ministry of Finance on Wednesday morning amid growing inquiries on the status of the policy.

The Ministry stated the initiative, first approved by the Federal Executive Council (FEC), is a long-term strategic directive and not a short-term or provisional measure.

According to the Ministry, stakeholders have reconvened to reiterate their full support and ongoing commitment to ensuring the successful implementation of the initiative.

The policy, which mandates the transaction of crude oil and refined petroleum products in Naira, is aimed at strengthening the country’s economic sovereignty, enhancing local refining capacity, and stabilizing the foreign exchange market by reducing the demand for dollars in domestic petroleum transactions.

The Ministry explained that this policy is structured to foster energy security and encourage investment in domestic refining infrastructure.

“The Crude and Refined Product Sales in Naira initiative is not a temporary or time-bound intervention, but a key policy directive designed to support sustainable local refining, bolster energy security, and reduce reliance on foreign exchange in the domestic petroleum market,” the statement reads.

While acknowledging that the transition involves complexities, the government admitted that existing challenges are being systematically addressed.

“As with any major policy shift, the Committee acknowledges that implementation challenges may arise from time to time. However, such issues are being actively addressed through coordinated efforts among all parties,” the Ministry said.

To assess the progress made and address lingering implementation issues, the Technical Sub-Committee on the Crude and Refined Product Sales in Naira initiative held a review meeting on Tuesday. The gathering brought together key figures involved in the execution of the policy.

Among the attendees were the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, who chairs the Implementation Committee; and the Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Zacch Adedeji, who heads the Technical Sub-Committee.

Also present were the Chief Financial Officer of NNPC Limited, Mr. Dapo Segun; the Coordinator of NNPC Refineries; Management of NNPC Trading; representatives from the Dangote Petroleum Refinery and Petrochemicals; and senior officials from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Central Bank of Nigeria (CBN), and the Nigerian Ports Authority (NPA). A representative from Afreximbank and the Secretary of the Committee, Hauwa Ibrahim, also attended.

This policy, which aligns with the government’s broader economic reform agenda, is expected to support local content development, ease pressure on Nigeria’s foreign reserves, and provide a more predictable pricing structure for refined petroleum products in the domestic market.

The presence of major players from both the public and private sectors at the meeting shows the scale of collaboration required to sustain the policy. It also reflects the growing confidence in Nigeria’s shift toward economic policies that prioritize local capacity and currency resilience.