Speaker calls on Delta legislators to focus on service delivery and transparency amid rising public scrutiny of state government

The Speaker of the Delta State House of Assembly has called on fellow lawmakers to place good governance at the forefront of their legislative agenda, stressing the need for improved accountability and service delivery across the state. The call was made in Asaba on Wednesday, as the Assembly resumed plenary after a brief recess.

During his address, the Speaker reminded members of their responsibility to represent their constituencies effectively and ensure that every legislative action contributes to the welfare of Delta residents. He emphasised that, in the current climate of heightened public scrutiny, legislators must demonstrate commitment to transparency and integrity in all state affairs.

The Speaker’s remarks come at a time when many Nigerians are demanding better governance at all levels, particularly regarding allocation and utilisation of public funds. Deltans have repeatedly called for more visible progress in infrastructure, education and healthcare delivery, citing concerns over project implementation and oversight.

“We must not lose sight of our mandate to the people,” the Speaker said while addressing lawmakers on the floor. He urged colleagues across party lines to work together for effective policy formulation and enactment of laws that will have direct impact on communities throughout Delta State.

No opposition comments were immediately available at press time. The House is expected to consider new bills focusing on development projects and oversight functions in upcoming sessions, as pressure mounts for tangible improvements in governance outcomes across the South-South region.

Source: https://www.premiumtimesng.com/news/more-news/890253-delta-speaker-urges-lawmakers-to-prioritise-good-governance.html

NUT demands safe rescue of abducted teachers and students as government faces pressure to strengthen security measures

Public school teachers in Oyo State have refused to return to classrooms, insisting that adequate security must be provided before schools can reopen. The Nigeria Union of Teachers (NUT) declared its position on Monday, weeks after a series of attacks and abductions left more than 40 pupils and teachers missing in Oriire Local Government Area.

The crisis began after armed men stormed Baptist Nursery and Primary School in Yawota, Community Grammar School, and L.A. Primary School in Esiele on 15 May 2026, kidnapping several learners and educators. According to the NUT, two teachers lost their lives during the attacks, while many victims remain in captivity as at the time of reporting. The union’s indefinite strike has left classrooms deserted across Oyo South-West, with parents expressing deep anxiety about their children’s safety.

NUT Oyo Secretary, Comrade Olukayode Salami, told journalists that the union’s decision was driven by mounting concern for the well-being of both staff and pupils. “As much as we have casualties among learners in terms of abduction, we have higher casualties among teachers because two of them were killed. The continuous detention of victims in captivity is another factor of concern to all of us,” Salami stated during a press briefing. He added that most teachers remain traumatised by the incident while parents are reluctant to send their wards back to school.

The union has called for urgent government action, including intensified patrols around school premises and joint operations between security agencies to deter further attacks. “The condition we attached was for the government to intensify efforts and ensure the safe rescue of these people. Secondly, the government must put measures in place that can guard against such occurrences,” Salami said. He noted that NUT had met with state officials and other stakeholders recently, submitting recommendations for immediate implementation.

While Governor Seyi Makinde (PDP) has vowed that schools in Oyo will not become targets like Chibok in Borno State, many parents and teachers remain unconvinced until all abducted victims are rescued and visible security improvements are made. The union insists that learning cannot resume until concrete steps are taken by authorities to protect education workers and pupils from further harm.

Source: https://www.pulse.ng/story/teachers-refuse-to-return-to-class-nut-rejects-oyo-school-resumption-order-2026062409512531796

Crypto platform posts record liquidity and launches 110 new tokens, as Proof of Reserves shows strong asset backing

MEXC, a cryptocurrency trading platform with growing presence in Lagos and across global markets, announced on Monday that it recorded a monthly trading volume of $641 billion (about ₦935 trillion at current rates) in May 2026, marking its strongest performance to date. The company said this growth followed the launch of new asset classes and transparency measures aimed at boosting investor confidence.

In its May operational update released in Lagos, MEXC reported that it ranked first worldwide for silver futures liquidity, according to TokenInsight’s Crypto Exchange Liquidity Report. The platform implemented a zero-fee trading policy which saved users $240 million (₦350 billion) in transaction charges across 949 trading pairs. During the same period, MEXC listed 110 new tokens on its spot and futures markets, with fresh listings generating $1.18 billion in trades. User participation in newly listed assets rose by 36 percent month-on-month, especially for tokens linked to real-world assets, AI infrastructure, and decentralised finance themes.

The expansion beyond crypto-native products was also highlighted by a 21 percent rise in traditional financial (TradFi) futures trading on the platform during May. Notably, U.S. stock futures volume increased by 85 percent while stock index futures surged by 134 percent compared to April figures. This development reflects growing demand among Nigerian and global users for access to multiple asset classes—including equities, indices, commodities and precious metals—within one trading environment.

MEXC’s Launchpad campaign for SPACEX(PRE), a tokenised pre-IPO opportunity tied to U.S. equities, drew over 38,000 participants who collectively subscribed more than 56 million USDT (about ₦84 billion), achieving an oversubscription rate of 15.5 times. The company said this demonstrated robust appetite for diversified investment opportunities among its user base.

On transparency and asset security, MEXC published its June Proof of Reserves report showing an average reserve ratio of 156.5 percent for major digital assets—meaning reserves exceeded user balances by a significant margin. According to the report: BTC reserves stood at 269 percent; ETH at 118 percent; USDT at 114 percent; and USDC at 125 percent coverage levels. The company also said it uses Merkle Tree cryptographic verification and partners with cybersecurity firm Hacken for monthly audits to ensure all user assets are fully backed.

Looking ahead, MEXC disclosed that its Guardian Fund—which is designed to protect user assets during volatile market cycles—is targeted to reach $500 million (₦730 billion) within two years. Wallet addresses will be published publicly so users can independently verify holdings.

Industry analysts say these results signal a shift in how exchanges compete globally: “The next phase will be defined not just by how many coins are listed but by how seamlessly platforms integrate liquidity, low fees and transparent asset protection,” said one Lagos-based fintech consultant who reviewed the announcement.

MEXC maintains that it is committed to building an all-in-one gateway for digital and traditional assets, positioning itself as a bridge between Nigeria’s fast-growing crypto community and global financial opportunities.

Source: https://www.pulse.ng/story/mexc-expands-multi-asset-gateway-with-strong-may-performance-2026062409391131111