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Revealed! NFF Pockets N198Million, Shares N90Million for CHAN Eagles, Coaches

Super Eagles, Nigeria

A total of N90Million has been designated to be shared among the Super Eagles B, (Players & Coaching Crew) for the just concluded Africa-Nations Championship (CHAN) hosted by Morocco.

The Nigeria Football Federation (NFF) coughed out the N90Million from the $750,000 prize money the Super Eagles B, earned after emerging the first runner of the just concluded 5th edition of the African Nations Championships (CHAN) in Morocco.

The $750,000 prize money is about N252, 000, 000; 00k were converted to Nigeria’s currency and the N90Million is about 30% of the staggering sum.

Meanwhile, Nigeria also got a participation fee of $100,000 from this year’s edition – which is about N36 Million when converted to the country’s currency – alongside all the 16 participating countries.

Morocco, which hosted and emerged the winner, pocketed a staggering US$2.5 million in prize money, which represents a 67% increase from $750,000 awarded to winners of the previous editions.

 Nigeria, which emerged the first runners-up, walked away with $700,000, a 75 per cent increase from $400,000, while the semi-finalist took home $400,000, an increase of up to 60 per cent.

 The increase in prize money came months after the Confederation of African Football (CAF) signed a sponsorship agreement with French oil giants, Total.

A Nigeria FA officials had confirmed the payment will be made as promised the team.

” This is besides the match bonuses they have received for going all the way to the championship game in Morocco.”

The Eagles are due to arrive Lagos early on Tuesday morning via a direct flight from Casablanca.

The Eagles will also be hosted by the Lagos State Government when they arrive the Country from Morocco.

Nigeria Coach, Salisu Yusuf has attributed his team’s capitulation in the final of the CHAN against Morocco to the injuries to key players.

Nigeria lost in the CHAN 2018 final to Morocco 4-0, but the team had impressed – progressing beyond the semi-final for the first time in three editions.

The Super Eagles B, managed only one shot on target in the game and played with 10-men for 42 minutes after defender Moses Eneji was sent off in the second-half with the scoreline at 1-0 at the time.

In his post-match presser, Yusuf credited Morocco as worthy winners and added that the red card to his team also didn’t help the side.

However, a cross-section of Nigerian football enthusiasts on Monday hailed the home-based Super Eagles for their performance at the 2018 African Nations Championship (CHAN), saying the players surpassed their expectations.

They said while the Eagles were defeated convincingly in the match, they deserved commendation for their overall performance.

Tunde Popoola, the Secretary-General of Nigeria Olympic Committee (NOC), said the Super Eagles surpassed his expectations and against all odds, adding that they were already “winners’’ even before Sunday’s match.

“These CHAN Eagles have truly exemplified the Nigerian spirit — never acknowledging defeat even in the face of it.

“The equaliser against Angola, which came in the second minute of added time in the quarter-finals, showed this. Their resilience with 10 men against Sudan in the semi-finals magnified this and it had to take something special to defeat the Sudanese.

“They had lost key players like their inspirational goalkeeper and captain Ikechukwu Ezenwa, Sunday Faleye, Ifeanyi Ifeanyi, among others, coming into the final and so it was always going to be a difficult game for the Eagles.

“To be honest, even though I would have been happier if they had won the tournament, I didn’t expect anything much from the team in the final because I was already satisfied with what they had achieved so far,” he said.

The Chairman, FCT Football Association, Musa Talle, said so many factors militated against the Super Eagles, but their courage and passion to succeed against all odds were highly commendable.

“Their preparation before the tournament was below par compared to their counterparts and so much was not expected of them.

“But they defied all odds to reach Nigeria’s first-ever final at the championship and this to me is highly commendable,” he said.

Talle, however, said the final match against the hosts was a “no-contest’’, noting that everything went in favour of the Atlas Lions.

He said the Moroccans were better prepared and more familiar with the pitch where they had played all their matches.

“Coming against the hosts was never going to be easy, especially with the 12th man (the crowd) who were raucous as the stadium was painted red. That is North African football passion for you.

“There were lasers being flashed from different corners into the eyes of the players, and the referee as well as our boys were under pressure.

“Even the weather didn’t help our cause as it was entirely different from what our boys were used to. The rain kept pouring down and made it difficult for the Eagles to play their game on a soaked and slippery pitch.

“It, however, fitted well with the Atlas Lions’ style of play who were more familiar with the terrain as they punished every defensive error made by the Eagles.

“Also, the loss of Peter Moses in the early part of the second half made the matter worse as the hosts made the most of their numerical advantage,” Talle said.

An ex-international, Emmanuel Babayaro, said the overall performance of the team was commendable, adding that some of the home-based players showed that they deserve a place in the World Cup squad.

“I celebrate the lads. I’m not happy with the final scoreline, but I understand misfortune played a part, and ineptitude too.

“But, then, there are a lot of positives to take out from the championship. It was our best ever CHAN outing and we can build on this achievement.’’

Babayaro, who was a former national goalkeeper, also noted that the two goalkeepers at the tournament performed relatively well.

Succinct to also note that as part of the increment deal, the CAF Champions League, which previously had $1.5 million prize money, now onwards will use $2.5 million through 2020, while CAF Confederation Cup will have an increase of almost 90% with the winners taking a total of US$1.25 million against $660,000 previously won.

The CHAN 2016 edition, hosted in Rwanda, saw Amavubi, who reached the quarter-finals, pocket $175,000, a position that now fetch $300,000.

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FCCPC Tackles Rising Cement Prices, Investigates Alleged Manipulation

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Agency summons product manufacturers to explain pricing methodology, others
CEMENT PRICES
Kenya N7,344
Tanzania N6,528
Togo N9,180
Nigeria N15,000

Cement manufacturers are under the searchlight of the Federal Competition and Consumer Protection Commission (FCCPC) over rooftop prices of cement, the agency has confirmed.

It said the probe followed an extensive industry-wide investigation that suggested possible manipulation of product prices in the Nigerian market.

The FCCPC stated that findings from a three-month cross-border study by its Anti-competitive Practices Department (ACP), undertaken in response to widespread public complaints over the high cost of cement, provided reasonable ground for probe of the cement manufacturers.

According to the commission, subsequent to the findings, it has issued “Notices of Commencement of Investigation and Summons to Producer” to the key players in the sector.

With the summon, the companies are required to provide information and records relating to, among other matters, their pricing methodologies, production and capacity utilisation, exports and relevant commercial relationships.

Three companies account for more than 90 per cent of Nigeria’s cement production. They are: Dangote Cement Plc, HMB Nigeria Plc, formerly known as Lafarge Africa Plc. and BUA Cement Plc.

FCCPC stated that its actions were sequel to concerns raised over the comparatively high retail price of cement in the local market compared with other markets, despite the country’s substantial limestone deposits, significant domestic production capacity and reported surplus installed capacity relative to domestic consumption.

The commission explained that, beyond Nigeria, its investigations extended to markets in sub-Saharan Africa like Kenya, Tanzania and South Africa as well as Egypt, Morocco and Algeria, using metrics such as availability of limestone, the basic raw material for cement production, as well as other variables such as population, production capacity and consumption.

The commission’s survey indicated that Nigeria has installed cement production capacity of more than 60 to 65 million metric tonnes annually, while estimated domestic consumption is approximately 25 to 30 million metric tonnes.

Nigeria is also a net exporter of cement to neighbouring markets, a statement signed by its Director of Corporate Affairs, Ondaje Ijagwu, stated.

The FCCPC statement reads: “Of particular concern to the Commission is that this level of production capacity has not resulted in the downward pressure on domestic prices that might ordinarily be expected in a competitive market with substantial excess capacity.”

Executive Vice Chairman and Chief Executive Officer (EVC\CEO) of the commission Mr. Tunji Bello said the investigation reflected the commission’s responsibility to examine market conditions that have significant consequences for consumers and the wider economy.

FG charges bakers, operators on production process, right labelling
He said: “Cement occupies a strategic place in the Nigerian economy. Its price affects the cost of building a home, developing commercial property, delivering public infrastructure and, ultimately, the cost of doing business. When concerns persist about how such an important market is functioning, the Commission has a duty to look beyond assumptions and establish the facts.” DownloadingInteractive Geographic Maps

He explained that the scrutiny is not intended to dictate the commercial decisions of businesses, rather, it is to determine whether the market is functioning competitively and whether consumers are receiving the benefits that effective competition should provide.

Bello said: “Businesses are entitled to make legitimate commercial decisions and earn returns on their investments. Competition law does not prevent that. Its purpose is to protect the competitive process, so that prices, output and other market outcomes are determined by genuine competition rather than conduct that unlawfully restricts it. That distinction is important to the work we are undertaking”.

The FCCPC spokesman provided additional details on the findings from the ACP investigation.

He said: “For instance, Kenya with 58.6 million population, 76 per cent lower than Nigeria’s population, had domestic cement demand of approximately 9.3m metric tonne per annum (MTPA) in 2025. Retail price in Nairobi is $5.40 or N7,344. Kenya is endowed with limestone. DownloadingInteractive Geographic Maps

“Tanzania, with population of 66.3 million, 72 per cent lower than Nigeria’s population, had domestic cement demand of 9.3m MTPA by 2025 with a bag of cement selling for $4.80 or N6,528.

“In Togo, which does not have limestone deposit, a bag of cement sells for $6.75 or N9,180.

“However, in Nigeria, with its huge limestone deposit and installed capacity, market intelligence reviewed by the commission showed that the retail price of a 50kg bag of cement rose significantly during the first half of 2026. DownloadingInteractive Geographic Maps

“A cement bag selling for between N9,300 and N9,700 in January was selling for between N10,500 and N13,000 by mid-year and by July, prices had risen to between N13,000 and N15,000 in some parts of the country.”

The commission noted that information provided by industry participants had identified energy costs, depreciation of the naira and its effect on imported machinery and spare parts, as well as transportation and logistics costs, among the factors contributing to cement prices.

It said: “The Commission is testing these explanations against verified information on costs, production, pricing and market conditions. However, the weight of preliminary findings provides sufficient grounds for the investigation to continue.

“Next is to determine whether prevailing cement prices can be explained by legitimate costs and market conditions, or whether there is evidence of coordinated conduct, abuse of market power, restriction of domestic supply, anti-competitive distribution practices or other conduct contrary to the provisions of the FCCPA.”

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NDLEA Nabs KC Luxury, Busts Cocaine Trafficking Cartel in Lagos

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Social Media influencer, Afolabi Kazeem Michael, popularly known online as KC Luxury. Credit: NDLEA
Social Media influencer, Afolabi Kazeem Michael, popularly known online as KC Luxury. Credit: NDLEA

The National Drug Law Enforcement Agency has dismantled an international cocaine trafficking cartel that allegedly used Nigeria as a transit hub for moving illicit drugs to the United Kingdom, other parts of Europe and Asia.

The agency also arrested the alleged Nigerian arrowhead of the syndicate, a self-styled luxury goods dealer and social media influencer, Afolabi Michael, popularly known online as “KC Luxury,” as he attempted to flee the country.

A statement by the agency spokesman, Femi Babafemi, on Tuesday, said the Chairman and Chief Executive Officer of the NDLEA, Brig. Gen. Mohamed Marwa (retd.), disclosed this while addressing journalists in Lagos on Tuesday.

Marwa described the operation as one of the most significant narcotics investigations undertaken by the agency in recent times, saying it led to the seizure of 184.50kg of cocaine, the largest cocaine seizure made through a courier company in Nigeria.

According to him, the operation began with the interception of the cocaine consignment concealed for onward export through a courier logistics channel in Lagos.

He said following the seizure, he directed the constitution of a Special Investigation Team to trace the entire network behind the shipment, from the couriers to the masterminds.

Marwa said the cartel hoped to realise as much as N39bn from the consignment through its international distribution network.

“The operation began with the interception of a consignment of 184.50 kilograms of cocaine concealed for onward export through a courier logistics channel in Lagos. Given the scale of the seizure.

“I immediately directed the constitution of a Special Investigation Team, with a mandate to trace the entire network behind the shipment, from the couriers to the masterminds.

“The cartel was hoping to realise as much as N39 billion from the consignment through their international distribution network, ” the statement quoted Marwa as saying.

Working with the management of the courier company involved, Marwa said NDLEA operatives unravelled a network of intermediary companies and individuals used to process the consignment, leading to the arrest of two key suspects, among others.

“The first, Lawal Mujab Kehinde, a staff member of the logistics firm through which the cocaine was processed, was found to have a direct and sustained relationship with the cartel’s Nigerian coordinator. Investigation also established that he packages and processes consignments for the syndicate, routes them to the United Kingdom, other parts of Europe and Asia, while he was paid in cash.

“The second and more prominent suspect is Afolabi Kazeem Michael, popularly known online as “KC Luxury,” whom investigations identified as the Nigerian arrowhead of the cartel. Parading as a social media influencer and businessman dealing in gold, jewellery, and luxury goods, Afolabi used his glamorous public image to disguise a criminal enterprise moving cocaine along a pipeline stretching from South America, through Nigeria, to the United Kingdom, other parts of Europe and Asia,” Marwa said.

Marwa said Afolabi was arrested at the boarding gate of the Murtala Muhammed International Airport, Lagos, on August 13, 2026, after intelligence indicated that he planned to flee the country on a business-class flight to Paris.

He said the suspect was found in possession of €7,750, £2,800 and N100,000 cash, as well as expensive jewellery.

A subsequent search of his luxury apartment on Banana Island, Ikoyi, Lagos, also led to the recovery of exotic vehicles, according to the NDLEA boss.

Marwa said investigations further showed that the cartel used false identities to conceal the true consignors of its shipments and relied on financial facilitators who moved billions of naira on its behalf.

He added that the syndicate maintained criminal contacts in the UK, some of whom had been arrested by British authorities in connection with the same cartel.

The NDLEA boss linked the operation to recent successes against transnational drug networks, including the dismantling of the Switzerland-based Simon Amadi drug cartel, which allegedly laundered millions of dollars through dark web marketplaces, as well as the takedown of two Nigerian-Mexican methamphetamine syndicates operating clandestine laboratories in forests in Ogun and Oyo states.

Marwa said the latest operation demonstrated that drug traffickers could no longer hide behind luxury lifestyles, forests, ports or courier companies.

“These operations send an unmistakable signal that this Agency’s reach extends into the ports, the forests, the luxury apartments, and the departure lounges alike, and that no sanctuary exists anywhere in Nigeria for those who traffic in poison,” he said.

He noted that drug trafficking organisations had recently shifted from seaports and airports, where scrutiny had intensified, to courier and logistics companies, which they allegedly considered less monitored channels for moving narcotics across international borders.

Marwa said the dismantling of the cartel, from the interception of the cocaine consignment to the arrest of its alleged Nigerian coordinator, demonstrated the agency’s capacity to detect traffickers wherever they operated.

“There is no alternative route into or out of Nigeria for illicit drugs that this Agency cannot police,” he stated.

The NDLEA chief also described the operation as a product of international cooperation, noting the near-simultaneous arrests of suspected cartel members in Nigeria and the UK.

He commended the agency’s international partners and members of the Special Investigation Team, coordinated by the Director of Operations and General Investigation, for their professionalism in unravelling the syndicate.

Marwa warned individuals who use luxury brands, glamorous lifestyles and social media personas to conceal drug trafficking activities that the agency would track them down.

“To those who believe they can hide behind luxury brands, glamorous lifestyles, and social media personas while trafficking poison into our communities and across our borders, this Agency will find you,” he said.

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BREAKING: Adeleke Cruises to Victory in 19 LGAs, AMBO Takes 11 in Osun Election

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Results from the 30 local government areas in the 2026 Osun State governorship election show that Governor Ademola Adeleke of the Accord Party (AP) recorded victories in 19 councils, ahead of the All Progressives Congress (APC) candidate, Asiwaju Munirudeen Bola Oyebamiji (AMBO), who won 11 local government areas.

The local government results indicate that Adeleke polled a cumulative 511,067 votes, while Oyebamiji secured 444,815 votes across the state.

The African Democratic Congress (ADC) candidate, Najeem Salaam, garnered 17,180 votes from the 30 local government areas.

Adeleke won Boluwaduro, Ede South, Ife North, Ilesa West, Ifedayo, Ife Central, Orolu, Osogbo, Oriade, Odo-Otin, Ife East, Ifelodun, Iwo, Ede North, Ila, Aiyedire, Egbedore, Aiyedaade and Ejigbo local government areas.

Oyebamiji emerged victorious in Ilesa East, Boripe, Irepodun, Obokun, Atakunmosa West, Irewole, Atakunmosa East, Isokan, Ola Oluwa, Ife South and Olorunda local government areas.

Based on the collated local government results, Adeleke leads with victories in 19 of the state’s 30 local government areas, while the APC candidate secured 11 councils.

Accord won 19 out of the 30 LGAs: (Boluwaduro, Ede South, Ife North, Ilesa West, Ifedayo, Ife Central, Orolu, Osogbo, Oriade,
Odo-Otin, Ife East, Ifelodun, Iwo, Ede North, Ila, Aiyedire, Egbedore, Aiyedaade, Ejigbo)

APC won the remaining 11 LGAs (Ilesa East, Boripe, Irepodun, Obokun, Atakunmosa West, Irewole, Atakunmosa East, Isokan, Ola Oluwa, Ife South, Olorunda).

Here are the Osun 2026 Governorship Election Results of the 30 LGAs: GeographicReference

Boluwaduro LG

Accord: 7,118 votes
APC: 7,050 votes
ADC: 179 votes

Ede South LG

Accord: 26,188 votes
APC: 6,219 votes
ADC: 390 votes

Ife North LG

Accord: 13,879 votes
APC: 9,613 votes
ADC: 333 votes

Ilesa West LG

Accord: 16,196 votes
APC: 12,756 votes
ADC: 673 votes

Ifedayo LG

Accord: 7,427 votes
APC: 6,836 votes
ADC: 115 votes

Ilesa East LG

APC: 16,208 votes
Accord: 12,280 votes
ADC: 504 votes

Ife Central LG

Accord: 21,171 votes
APC: 15,913 votes
ADC: 747 votes

Boripe LG

APC: 19,963 votes
Accord: 12,448 votes
ADC: 379 votes

Irepodun LG

APC: 15,713 votes
Accord: 14,504 votes
ADC: 249 votes

Obokun LG

APC: 16,120 votes
Accord: 12,023 votes
ADC: 205 votes

Orolu LG

Accord: 12,352 votes
APC: 10,622 votes
ADC: 236 votes

Osogbo LG

Accord: 36,480 votes
APC: 30,474 votes
ADC: 1,503 votes

Oriade LG

Accord: 21,343 votes
APC: 14,863 votes
ADC: 423 votes

Odo-Otin LG

Accord: 18,003 votes
APC: 15,435 votes
ADC: 377 votes

Ife East LG

Accord: 27,201 votes
APC: 18,600 votes
ADC: 935 votes

Ifelodun LG

Accord: 21,107 votes
APC: 18,396 votes
ADC: 509 votes

Atakunmosa West LG

APC: 10,037 votes
Accord: 7,479 votes
ADC: 213 votes

Iwo LG

Accord: 27,085 votes
APC: 19,660 votes
ADC: 588 votes

Ede North LG

Accord: 35,427 votes
APC: 10,283 votes
ADC: 307 votes

Ila LG

Accord: 16,211 votes
APC: 12,934 votes
ADC: 259 votes

Irewole LG

APC: 29,972
Accord: 10,934 votes
ADC: 275 votes

Aiyedire LG

Accord: 11,073 votes
APC: 9,910 votes
ADC: 148 votes

Atakunmosa East LG

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APC: 9,936
Accord: 7,872 votes
ADC: 333 votes

Egbedore LG

Accord: 19,278 votes
APC: 11,194 votes
ADC: 363 votes

Aiyedaade LG

Accord: 16,681 votes
APC: 15,719 votes
ADC: 331 votes

Isokan LG

APC: 14,063 votes
Accord: 13,765 votes
ADC: 384 votes

Ola Oluwa LG

APC: 10,782 votes
Accord: 10,063 votes
ADC: 213 votes

Ife South

APC: 14,678 votes
Accord: 13,507 votes
ADC: 290 votes

Ejigbo LG

Accord: 18,458 votes
APC: 16,195 votes
ADC: 5,053 votes

Olorunda LG

APC: 24,671 votes
Accord: 23,514 votes
ADC: 666 votes.

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