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Illegal criminalization of protests in Nigeria, by Femi Falana SAN

Femi Falana, SAN

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Femi Falana, SAN

During the colonial period, the British imperial regime banned public protests under the Public Order Ordinance.

As the law did not stop aggrieved citizens from protesting against ththe illegal exploitation and egregious human rights abuse committed by the British government. public protests, many citizens were charged for unlawful assembly, incitement, sedition and allied offences.

When the colonialists could not silence the ‘natives’ the police resorted to shooting and killing unarmed protesters. The most murderous attacks occurred at Aba in 1929 with the killing of 55 women who were protesting against double taxation and at Enugu in 1949 when 21 workers were killed during a protest for improved working conditions. But no colonial subject was ever charged with treason or treasonable felony for calling for an end to the foreign domination of Nigeria.

Treason Trial of Political Opponents by Post colonial Regimes

Under the first post-colonial regime, opposition political leaders like Chief J.S. Tarka and Chief Obafemi Awolowo were charged with associates with treason and treasonable felony respectively. While Chief Tarka was acquitted, Chief Awolowo and a number of his political lieutenants were convicted and sentenced to various terms of imprisonment. They were later pardoned by the military head of State, General Yakubu Gowon.

In the second republic, Mr. Zanni Bukar Mandara, a military food contractor, was charged for treason at the Federal High Court. He was alleged to have complained to some soldiers that the economy was no longer what it used to be and that the country was drifting to a point where a change was needed. Even though he was tried and convicted and sentenced to 15 years imprisonment, the Supreme Court freed him on the ground that the Federal High Court lacked the jurisdiction to have tried him at the material time.

Criminalisation of protests by military dictator

The police under the Yakubu Gowon and Olusegun Obasanjo military regimes engaged in the killing of students during protests. In 1971, Kunle Adepeju, an undergraduate of the University of Ibadan was killed during a peaceful rally at Ibadan. In 1978, Akintunde Ojo of the University of Lagos and other students were killed during the protests against the commercialization of education by the military regime. Many radical lecturers and students were dismissed for identifying with the cause of the students.

Apart from the trivialisation of the offence of treason, the Ibrahim Babangida military junta engaged in the criminalization of public protests in Nigeria. For instance, the late Chima Ubani and 8 other student leaders at the University of Nigeria were arrested in May 1986 and charged under the Miscellaneous Offences Decree before a Special Military Tribunal. We defended them and ensured that the charge was struck out in favour of the defendants.

In June 1992, 5 of us, including the late Chief Gani Fawehinmi SAN and the late Dr. Beko Ransome-kuti were charged with treasonable felony in a Gwagwalada Chief Magistrate Court for daring to organise protests against the sabotage of the political transition programme by General Ibrahim Babangida, who had wanted to metamorphose into a civilian president. Chief Fawehinmi and I who defended ourselves and our comrades turned the case into the trial of the military officers who had toppled civilian and military governments in Nigeria.

In July 1993, the late Chief Gani Fawehinmi SAN, the late Dr. Beko Ransome-kuti and I were charged with unlawful assembly and miscellaneous offences at a Magistrate Court in Abuja for organising a protest against the criminal annulment of the results of the June 12, 1993 presidential election. The Magistrate Court refused our application for bail and ordered our remand in Kuje prison. But while we were in custody, General Ibrahim Babangida was forced to abdicate power as many more protests took place in many parts of the country.

On November 17, 1993, the late General Sani Abacha seized power and embarked on the elimination of political opponents like his predecessor and co-coupist, General Ibrahim Babangida. Notwithstanding the demolition of all democratic structures, the Senate convened and demanded the actualization of the June 12, 1993 mandate of Bashorun Aboola. Senator Bola Tinubu (now President of Nigeria and Commander-in-Chief of the armed forces) and 5 of his colleagues were arrested and charged with treasonable felony which read:

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“That you Ameh Ebute; (2) Chief Polycap Nwite; (3) Rev. Mac. Onyemechi Nwulu; (4) Onyeka Amadi Okoroafor; (5) Abu Ibrahim and (6) Bola Ahmed Tinubu and others at large on the 30th day of May, 1994 at Lagos in the Lagos Judicial Division of the Federal High Court formed an intention to remove during his term of office other than by Constitutional means the Head of State of the Federal Republic of Nigeria and Commander-in-Chief of the Armed Forces, General Sani Abacha as Head of State and manifested such intention by issuing a Press Statement declaring the Federal Government illegal and thereby committed an offence contrary to Section 41(a) of the Criminal Code Act 77, Laws of the Federation, 1990 and punishable under the same section.”

While the charge was pending, Senator Bola Tinubu fled the country to escape assassination. The Editor-in-Chief of The News Magazine, Bayo Onanuga and his deputy, Dapo Olorunyomi, also fled the country after the assassination of Baugada Kaltho, the northern Nigerian correspondent of The News Magazine. Pa Alfred Rewane, Mrs Kudirat Abiola and many other critics were brutally massacred by the killer squad of the Abacha junta.

Through trumped-up charges, the junta charged many serving and retired military officers with treason including Generals Olusegun Obasanjo and Shehu Yaradua. Activists and journalists who exposed the fake coups were tried and convicted by military tribunals for being accessories after the fact of treason. They were sentenced to life imprisonment.

Ken Saro-Wiwa and 8 other leaders of the Movement for the Survival of Ogoni People were arrested for protesting against the pollution and degradation of Ogoniland by Shell Producing Nigeria Limited. The environmental activists were tried, convicted and sentenced to death by a Special Military Tribunal. The junta proceeded to execute them when it had not received the certified true copies of the judgment and thebrecord of the proceedings of the Special Military Tribunal as stipulated by the Civil Disturbances Decree of 1987m.

Illegality of Police Permit

Former President Olusegun Obasanjo and his deputy, Atiku Abubakar, were declared the winners of the 2003 presidential election by the Independent National Electoral Commission. A major opposition political party, the defunct All Nigeria Peoples Party (ANPP) decided to hold a series of rallies to protest the rigging of the 2003 general election by the ruling party in connivance with the Independent National Electoral Commission.

On the instruction of the presidency, the police violently disrupted the first rally that was held in Kano on September 22, 2003. The attendees of the rally, including the presidential candidate of the ANPP, General Muhammadu Buhari, and his deputy, Dr. Chuba Okadigbo, who had attended the rally, were dispersed with a heavy dose of teargas. In justifying the violent breakup of the rally, the police stated that the ANPP did not obtain a police permit.

The ANPP and 10 other opposition political parties challenged the constitutional validity of obtaining police permits for rallies in Nigeria. In dismissing the defence of the Police the trial judge, Chinyere J. held that police permit was inconsistent with sections 39 and 40 of the Constitution and Article 11 of the African Charter on Human and Peoples’ Rights Act (Cap A9) Laws of the Federation of Nigeria, 2004.

According to the learned trial judge said “I am therefore persuaded by the argument of Mr. Falana that by the combined effect of sections 39 and 40 of the 1999 Constitution as well as Article 11 of the African Charter on Human and Peoples’ Rights, the right to assemble freely cannot be violated without violating the fundamental right to peaceful assembly and association. I also agree with Mr. Falana that violation can only be done by the procedure permitted by law, under section 45 of the Constitution, in which case there must be a state of emergency properly declared before these rights can be violated.”

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Consequently, the court proceeded to grant an order of perpetual injunction “restraining the Defendant (the Inspector-General of Police) whether by himself, his agents, privies and servants from further preventing the Plaintiffs and other aggrieved citizens of Nigeria from organizing or convening peaceful assemblies, meetings and rallies against unpopular government measures and policies.”

The appeal against the judgment was dismissed by the Court of Appeal. Adekeye JCA (as she then was) asked “…how long shall we continue with the present attitude of allowing our society to be haunted by the memories of oppression and gagging meted out to us by our colonial masters through the enforcement of issuance of permit to enforce our rights under the Constitution?.”

On the fear usually expressed by the Police that a rally might be hijacked by hoodlums leading to a breach of the peace the Court was of the view that “If as speculated by law enforcement agents that breach of the peace would occur our Criminal Code has made adequate provisions for sanctions against breakdown of law and order so that the requirement of permit as a conditionality to holding meetings and rallies can no longer be justified in a democratic society.”

In his contribution to the leading judgment of the Court, Muhammad JCA confirmed that police permit is alien to a democratic society when he reiterated that “In present day Nigeria, clearly police permit has outlived its usefulness.

Certainly, in a democracy, it is the right of citizens to conduct peaceful processions, rallies, or demonstrations without seeking and obtaining permission from anybody. It is a right guaranteed by the 1999 Constitution, and any law that attempts to curtail such right is null and void and of no consequence.”

Trial of Protesters for Terrorism

In 2013, the Federal Government dispatched armed thugs to attack and disperse the BBOG members in Abuja for reminding the State of its responsibility to free the abducted Chibok girls. As if the barbaric attack was not enough, the Nigeria Police Force banned public protests in the Federal Capital Territory. The illegal ban was successfully challenged at the Federal Capital Territory High Court in the unreported case of Hadiza Bala Usman &Ors v Commissioner of Police & Anor.

However, the federal government turned round to criminalise protests by charging protesters with terrorism, treason, and treasonable felony. Specifically, on June 8, 2014, the police disrupted a peaceful rally held by the members of the All Progressives Congress at Ado, Ekiti State. Mr. Niyi Afuye, the then Ekiti State Commissioner for Information and Government Affairs and 10 other protesters, were arrested and taken to Abuja.

After their brief detention, the protesters were charged with terrorism by the Attorney-General of the Federation, Mr. Mohammed Adoke SAN. As counsel to the defendants, we filed a preliminary objection to challenge the charge under section 1(3) of the Terrorism Prevention Act, which exempted protest or strike. As the federal government had no reply to our preliminary objection, the charge of terrorism was withdrawn while the Federal High Court dismissed it.

Trial of Protesters for Treason

On August 8, 2019, the State Security Service obtained an order of the Federal High Court to investigate Mr. Omoyele Sowore for terrorism for planning to convene a protest against the Muhammadu Buhari administration. At the end of the investigation, Mr. Omoyele Sowore and Mandate were charged with treasonable felony, money laundering, and cyberstalking.

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Based on our preliminary objection against the frivolous charges, the Federal High Court struck out the counts of money laundering and cyberstalking. Even though the State Security Service had listed 8 witnesses, only one was called to give evidence against the defendants.

Under cross examination, the witness admitted that President Muhammadu Buhari, who led the bunch of coup plotters who overthrew the civilian regime on December 31, 1983, had not been tried for treason.

The witness also admitted that General Buhari had called for a revolution akin to the 2011 revolution in Egypt, which sacked the elected Mossi administration.

To prevent the defence from further taking advantage of the cross examination of the remaining prosecution witnesses, the then Attorney-General of the Federation, Mr Abubakar Malami SAN, took over the case from the State Security Service. As the prosecution could not call any of the remaining witnesses, the case was subjected to several adjournments.

The defence was compelled to apply for the striking out of the case for want of diligent prosecution.

Having inherited the case, the current Attorney-General of the Federation, Mr. Lateef Fagbemi SAN reviewed it and decided to file a nolle prosequi motion to terminate the trial in exercise of your powers under section 174 of the Constitution of Nigeria, 1999, as amended. Consequently, the ill-advised treasonable felony charge was struck out by the Federal High Court.

It is therefore curious that the Bola Tinubu administration has turned round to clamp down on radical citizens and thereby exposed the country to unprecedented ridicule.

In order to control the protests, the governments of the Federal Capital Territory, Lagos and Ogun States filed ex parte applications before the High Courts on the eve of protests.

The judges granted the ex parte orders without paying due attention to the judgment of the Court of Appeal in the case of IGP v ANPP (2008) 12 WRN 65.

In granting orders restricting the protesters to some designated centres, the Judges pretended not to know that under section 83(4) of the Police Establishment Act 2020, it is the duty of the police to provide adequate security for protesters during rallies, public meetings and processions.

However, the basis for charging 10 protesters for treason and terrorism for participating in the August 2024 protests is to scare Nigerians from challenging the unpopular policies of the Government.

Hence, the reasons adduced for the detention of the defendants are completely jejune. For instance, Comrade Michael Adaramoye has been charged with treason because he answers to the sobriquet “Lenin”. Comrades Elejo Opaluwa and Mosiu Abolaji are also detained in the same police station for belonging to a socialist organisation that supported the protest.”

Conclusion

It is public knowledge that under the current political dispensation, top military officers have repeatedly disclosed that they were under pressure from certain politicians to sack the civilian regime and replace the same with military rule. Neither the Nigeria Police Force nor the State Security Service has ever arrested the highly placed anti democratic individuals with a view to prosecuting them for treason, treasonable felony or terrorism. Therefore, the Bola Tinubu administration should terminate the treason charge against the 10 protesters and sundry charges against other protesters without any further delay.

However, if the frivolous charges are not withdrawn, we shall not hesitate to take advantage of the trial to prove that it is the zealous implementation of the neo-liberal policies by the Bola Tinubu administration that is provoking Nigerians to protest against the government and its imperialist masters.

Thus, the Nigeria Police Force will have put the Bola Tinubu administration on trial for committing grave economic crimes against the Nigerian people.

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Africa

‘Misplaced Priority’: Peter Obi Blasts FG’s ₦142bn Bus Terminal Project

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Former Labour Party presidential candidate Peter Obi has slammed the Federal Government’s approval of ₦142 billion for the construction of bus terminals across Nigeria, describing it as a reckless misplacement of priorities.

Obi issued a statement on Friday, August 22, via his Official X formerly Twitter platform, warning that the project reflects poor leadership and lack of focus in managing Nigeria’s limited resources. He titled his statement, “₦142 Billion for Bus Terminals.”

According to him, the true test of leadership is how scarce resources are prioritized.

He stressed that investing such a huge amount in bus terminals while critical sectors like healthcare suffer shows a government that is out of touch with citizens’ realities.

Obi said: “The difference between success and failure in any nation is how leaders prioritise resources.

The decision to spend ₦142 billion on six bus terminals exposes a lack of competence and vision. It is a clear sign of poor leadership.”

The Federal Executive Council had recently approved the funds for the construction of one modern bus terminal in each of the six geopolitical zones.

The government described it as part of efforts to modernise transport infrastructure and improve mobility nationwide.

But Obi strongly disagreed. He compared the allocation to healthcare funding, pointing out that the combined budget for all teaching hospitals and federal psychiatric centres in Nigeria is less than ₦100 billion in the 2024 budget.

“This is disturbing,” Obi continued, “because health remains one of the most critical sectors of development. Yet it is underfunded and deteriorating rapidly.

The World Health Organization has reported that over 20 million Nigerians live with mental health conditions.

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This is a tragic irony. How can the government ignore this crisis and focus on bus terminals?”

He argued that the health sector, alongside education and poverty reduction programs, deserves priority attention.

Obi insisted that until government spending reflects the real needs of Nigerians, the country will remain trapped in poor governance.

Many Nigerians have also taken to social media to express anger, echoing Obi’s concerns. Critics argue that the decision proves the Federal Government is disconnected from the economic struggles of ordinary citizens.

For Obi, the ₦142 billion project is not just a case of wrong timing.

He sees it as a clear example of governance failure and misplaced priorities.

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Africa

Canada Announces Permanent Residence Lottery Results for Foreign Workers

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Canada ends visitor work permits policy

Canada has carried out a new Express Entry lottery, inviting thousands of skilled workers to apply for permanent residency.

Financial Express report that the Announcement which came on Wednesday, August 20, 2025, marks one of the most significant rounds this year.

Immigration, Refugees and Citizenship Canada (IRCC) invited 4,200 candidates in the latest Express Entry draw.

The invitations were sent under the no-program-specified category, which means candidates from all economic immigration programs were considered.

To qualify, candidates needed a Comprehensive Ranking System (CRS) score of at least 507 points.

This cut-off is higher than several recent rounds, showing rising competition in Canada’s immigration pool.

Breakdown of Recent Express Entry Draws

The August 20 general draw came just a week after Canada held two smaller, targeted draws.

On August 14, 2025, IRCC issued 1,500 invitations in a Healthcare category-based draw, with a minimum CRS of 430.

On August 13, 2025, another STEM occupation draw invited 1,000 candidates, with a CRS cut-off of 481.

This means Canada has invited more than 6,700 candidates in August alone, highlighting its steady demand for skilled workers.

Why Express Entry Remains Key

The Express Entry system is Canada’s main pathway for skilled migration. It manages applications for three major programs:

  • Federal Skilled Worker Program (FSWP)
  • Federal Skilled Trades Program (FSTP)
  • Canadian Experience Class (CEC)

Through this system, candidates are ranked by CRS points based on age, education, work experience, language skills, and adaptability. Higher scores improve the chance of receiving an Invitation to Apply (ITA).

Impact of the Rising CRS

The 507-point cut-off has sparked concern among applicants.

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Many worry that higher thresholds make it harder to qualify unless they boost their profiles with stronger English or French test results, higher education, or Canadian job offers.

Immigration experts note that Canada is prioritizing candidates who are more likely to integrate quickly into the economy.

With rising competition, applicants may need to explore provincial nomination programs (PNPs), which can add up to 600 extra CRS points.

Canada’s Immigration Targets

Despite higher CRS cut-offs, Canada’s immigration outlook remains ambitious.

The government has pledged to welcome 485,000 new permanent residents in 2024 and 500,000 in 2025.

Skilled workers make up a large share of this intake.

With labor shortages in sectors like healthcare, technology, and construction, Canada continues to use Express Entry to attract foreign talent.

What Applicants Should Do

Experts recommend that prospective migrants keep their profiles updated and monitor both general and category-based draws.

Targeted draws for healthcare, STEM, and trades occupations often have lower CRS cut-offs, giving candidates more opportunities.

For those struggling to meet the high CRS threshold, exploring study routes in Canada, provincial nominations, or job offers may increase chances.

The August 20 Express Entry draw shows Canada’s ongoing commitment to skilled immigration.

With over 4,200 invitations issued and CRS cut-offs climbing, the competition is intense.

However, the system continues to provide multiple entry points for determined applicants worldwide.

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Africa

Japan Designates City as Hometown for Nigerians

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The Japanese government has officially designated the city of Kisarazu as the hometown for Nigerians, marking a major step in strengthening cultural diplomacy and workforce collaboration between both nations.

The announcement was made during the ninth Tokyo International Conference for African Development (TICAD9) and confirmed by the Director of Information at Nigeria’s State House, Abiodun Oladunjoye.

According to the agreement, the Japanese government will introduce a special visa category for highly skilled and innovative young Nigerians who are willing to relocate to Kisarazu to live and work.

This initiative also extends to artisans and blue-collar workers from Nigeria who are ready to upskill and contribute to Japan’s economy.

At the same event, the Japan International Cooperation Agency (JICA) designated three other cities as hometowns for African nations:

Nagai in Yamagata Prefecture for Tanzania,

Sanjo in Niigata Prefecture for Ghana, and Imabari in Ehime Prefecture for Mozambique.

These hometown designations aim to foster manpower development, cultural exchanges, and economic partnerships that will benefit both Japan and the participating African countries.

Nigeria-Japan Partnership

Nigeria’s Charge d’Affaires and Acting Ambassador to Japan, Mrs. Florence Akinyemi Adeseke, received the certificate on behalf of Nigeria alongside Yoshikuni Watanabe, the Mayor of Kisarazu.

The ceremony highlighted the city’s longstanding relationship with Nigeria, as Kisarazu was the official host town for the Nigerian contingent during the 2020 Tokyo Olympics, where athletes trained and acclimatised before moving to the Olympic village.

Local Japanese authorities hope that designating Kisarazu as Nigerians’ hometown will boost the city’s population, enhance regional revitalisation, and strengthen bilateral cooperation.

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Japan’s Vision for Africa

Japanese Prime Minister Shigeru Ishiba, in his address at TICAD9, announced $5.5 billion in new investments across Africa.

He stressed the importance of mutual understanding, local solutions, and collaborative development, focusing on three key areas:

Private sector-led sustainable growth,

Youth and women empowerment.

Prime Minister Ishiba also acknowledged Japan’s challenges with an ageing population and shrinking agricultural land, calling on African nations to support Japan while benefiting from expanded cultural and economic opportunities.

What This Means for Nigerians

For Nigerians, the recognition of Kisarazu as their official hometown in Japan provides more than symbolic value.

It creates new employment opportunities, encourages skills transfer, and opens a pathway for closer cultural integration between both nations.

This strategic move underscores Japan’s commitment to forging deeper ties with Africa, while offering Nigerians a platform to thrive abroad

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Africa

Kenyan Police Exhume Five More Bodies Linked to Starvation Cult

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At least five more bodies, including two children, have been exhumed in coastal Kenya in connection with the country’s most infamous starvation cult.

Police confirmed on Friday, August 22, 2025, that the discovery is linked to the “Shakahola Forest Massacre,” a tragedy that shocked the world in 2023.

The fresh graves were found near Binzaro village in Kilifi County’s Chakama area, according to Robert Kiinge of the Directorate of Criminal Investigations (DCI).

He revealed that officers had excavated at least 27 sites spread across a five-acre plot.

“We retrieved five bodies,” Kiinge confirmed.

He explained that most of the remains were in advanced stages of decomposition, suggesting they had been buried more than a year ago.

However, one of the victims may have been buried as recently as seven to eight months ago.

Tragically, two of the bodies were those of children, estimated to be between five and seven years old.

Kiinge added that the evidence strongly pointed to a link with the original Shakahola massacre, where more than 400 victims of a starvation cult were discovered in 2023.

The cult was led by self-proclaimed pastor Paul Mackenzie, who is currently on trial in Mombasa for multiple counts of manslaughter. Mackenzie has denied all charges, but his followers have continued to draw scrutiny from investigators.

So far, 11 people have been taken into custody in connection with the new graves.

Three of them, however, are being treated as victims rather than suspects.

“The people we have in custody today are followers of Mackenzie,” Kiinge told reporters, stressing that investigations remain ongoing.

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Post-mortem examinations are expected in the coming days to determine the exact cause of death.

Until then, police have avoided speculation.

The renewed discoveries come just weeks after a Mombasa court adjourned Mackenzie’s trial due to new evidence.

The case has reignited national debate about the regulation of fringe religious movements in Kenya.

Following the Shakahola tragedy, the Kenyan government introduced stricter oversight measures for religious organizations.

However, these proposals have been met with resistance from some groups, who argue that tighter controls infringe on constitutional protections separating church and state.

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Africa

UK Dominates Nigeria’s Q1 2025 Capital Inflows With N5.5tn — NBS

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The United Kingdom has once again cemented its position as Nigeria’s leading source of foreign capital, accounting for more than N5.5 trillion in inflows during the first quarter of 2025, according to the latest data from the National Bureau of Statistics (NBS).

Figures from the Capital Importation Report show that capital from the UK rose to $3.68bn (N5.52tn) in Q1 2025, representing 65.26% of Nigeria’s total $5.64bn inflows for the quarter.

This marked a 29.2% rise from the $2.85bn recorded in Q4 2024 and more than double the $1.81bn inflows seen in Q1 2024.

This underscores Britain’s dominance in Nigeria’s external financing profile and highlights the strong bilateral financial ties between both nations.

Breakdown of Q1 2025 Capital Inflows by Country

United Kingdom: $3.68bn (65.26%)

South Africa: $501.29m (8.88%)

Mauritius: $394.51m (6.99%)

United States: $368.92m (6.54%)

United Arab Emirates: $301.72m (5.35%)

Together, these top five countries accounted for over 92% of Nigeria’s capital inflows, reflecting both the concentration of Nigeria’s foreign investments and the risks of over-dependence on limited markets.

Other contributors included:

Cayman Islands: $114.76m (up sharply from $0.64m in Q4 2024)

Belgium: $70.54m

France: $47.33m

Netherlands: $42.68m (down significantly from $425.61m in Q4 2024)

Singapore: $36.79m

Overall, capital importation into Nigeria stood at $5.64bn in Q1 2025, up 10.9% from Q4 2024’s $5.09bn, and a remarkable 67.1% higher than the $3.38bn recorded in Q1 2024.

The NBS noted:

“Capital Importation during the reference period originated largely from the United Kingdom with $3,681.96m, showing 65.26 per cent of the total capital imported.”

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A separate survey by Strategy Management Partners (UK) reveals that British companies are increasingly targeting Africa as a strategic growth frontier.

50% of UK firms with annual turnover above £20m are already operational in Africa and planning expansions.

Another 28% of executives said they are interested but remain cautious about entry strategies.

Africa’s appeal lies in its resource wealth and demographic potential:

30% of the world’s mineral reserves

8% of natural gas reserves

12% of oil reserves

65% of the world’s arable land

Projected to host 25% of the global workforce by 2035

Seven key sectors remain magnets for foreign capital inflows into Nigeria and Africa at large:

1. Technology

2. Oil & Gas

3. Power and Renewable Energy

4. Agriculture

5. Manufacturing

6. Infrastructure

7. Strategic Minerals

Analysts warn that while Nigeria’s reliance on UK-driven inflows reflects strong global confidence, the concentration of sources exposes the economy to external shocks if investor sentiment shifts in these countries.

Diversification of investment partnerships  particularly within Asi

a, the Americas, and intra-African trade will be crucial to ensuring long-term resilience in capital inflows.

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