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Globacom at Ofala Festival 2025 : Celebrating Heritage, Unity and Prosperity

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Onitsha, the historic commercial hub of Anambra State, is set to once again host the grand spectacle of its famed Ofala Festival. The 2025 edition, themed “Cultural Renaissance and Economic Renewal,” promises to be a vibrant celebration of Igbo heritage, unity, and cultural pride — reaffirming the enduring relevance of tradition in Nigeria’s social and economic landscape. More than a festival, Ofala represents the resilience and identity of the Onitsha people, a timeless gathering where history, spirituality, and community converge.

At the centre of the celebration is His Royal Majesty Igwe Nnaemeka Alfred Ugochukwu Achebe, CFR, mni, the Obi of Onitsha. Under his visionary leadership, Ofala has evolved from a spiritual homecoming into an internationally recognised cultural event that showcases the richness of Igbo civilisation. The festival unites the people in celebration, reinforcing the traditional values and collective spirit that have shaped Onitsha’s identity for generations.

This year’s theme underscores two intertwined goals — preserving cultural heritage and leveraging it as a catalyst for economic growth. It calls on communities and stakeholders to safeguard indigenous traditions while exploring how cultural assets can drive tourism, creative enterprise, and national development. In a time when Nigeria seeks to diversify its economy beyond oil, the festival provides a blueprint for how culture-led growth can foster sustainable prosperity.

A cornerstone of the festival’s success is its enduring partnership with Globacom, Nigeria’s indigenous telecommunications giant. For over a decade, Globacom has been a strong supporter of the Ofala Festival, helping to transform it into a globally recognised celebration. The company’s contribution extends beyond sponsorship — it is a strategic alliance grounded in shared values of innovation, cultural preservation, and community empowerment.

Through financial, logistical, and technological support, Globacom has enhanced the festival’s organisation, media visibility, and infrastructure. It has also facilitated the digital documentation of Ofala’s heritage, creating a valuable cultural archive for future generations. Igwe Achebe has praised Globacom’s commitment, noting that the partnership reflects the company’s genuine dedication to preserving Nigeria’s cultural diversity and promoting national pride.

Globacom’s cultural involvement is not limited to Onitsha. The company also supports other landmark festivals, notably the Ojude Oba Festival in Ijebu-Ode, Ogun State. Its cultural engagement rests on three guiding pillars — cultural preservation, continuity, and community empowerment. These pillars ensure that traditional celebrations remain vibrant, relevant, and economically beneficial to their host communities.

By investing in these festivals, Globacom helps transform them into platforms for education, social inclusion, and economic opportunity. Its sustained involvement empowers local artisans, performers, and entrepreneurs to showcase their talents to wider audiences. This, in turn, generates employment, stimulates tourism, and strengthens local economies — demonstrating how corporate partnerships can meaningfully contribute to cultural sustainability and national development.

The 2025 Ofala Festival is expected to attract thousands of visitors from within and outside Nigeria. The elaborate processions, royal displays, traditional dances, and artistic performances will once again highlight the splendour of Igbo culture. The influx of guests will significantly boost Onitsha’s economy, benefitting traders, artisans, hoteliers, and transport operators. For young creatives, it provides a platform for storytelling, art, and innovation, reinforcing the festival’s role as both a cultural and economic catalyst.

Beyond commerce, the Ofala Festival embodies unity and continuity in a rapidly evolving nation. It serves as a reminder that tradition and modernity can coexist — that heritage, when nurtured, becomes a foundation for renewal. As Nigeria seeks new pathways to social cohesion and economic strength, Ofala stands as a symbol of what is possible when communities draw from their roots to build a shared future.

Ultimately, the 2025 Ofala Festival is more than a celebration — it is a statement of identity, hope, and progress. It affirms that culture is not a relic of the past but a dynamic force that drives innovation, pride, and prosperity. Through the vision of Igwe Achebe and the steadfast support of Globacom, Ofala continues to bridge generations and inspire a renaissance of Nigerian heritage.

As Onitsha bursts once more with colour, rhythm, and royal grandeur, the Ofala Festival reminds the nation that the strength of its future lies in the richness of its past — that through cultural renaissance and economic renewal, Nigeria can thrive, united in heritage and bound for prosperity.

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Senate Approves Tinubu’s N1.15tr Domestic Loan Request to Fund 2025 Budget Deficit

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The Senate has approved President Bola Tinubu’s request to raise N1.15 trillion from the domestic debt market to cover the unfunded portion of the 2025 budget deficit.

The approval followed the adoption of a report by the Senate Committee on Local and Foreign Debt during plenary on Wednesday.

The committee noted that the 2025 Appropriation Act provides for a total expenditure of N59.99 trillion, representing an increase of N5.25 trillion over the N54.74 trillion initially proposed by the Executive.

This expansion created a total budget deficit of N14.10 trillion. Of this, N12.95 trillion had already been approved for borrowing, leaving an unfunded deficit of approximately N1.15 trillion (N1,147,462,863,321).

In a related development, a motion by Senator Abdul Ningi was adopted, directing the Senate Committee on Appropriations to intensify its oversight to ensure that the borrowed funds are properly implemented in the 2025 fiscal year and used strictly for their intended purposes.

President Tinubu had on November 4th requested the approval of the National Assembly for a fresh ₦1.15 trillion borrowing from the domestic debt market to help finance the deficit in the 2025 budget.

The President’s request was conveyed in a letter. According to the letter, the proposed borrowing is intended to bridge the funding gap and ensure full implementation of government programs and projects under the 2025 fiscal plan.

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APC’s Joe Igbokwe Calls for Dismissal of Soldier Who Stood His Ground Against Wike

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A member of the All Progressives Congress (APC), Joe Igbokwe, has called for the dismissal of the soldier who resisted the Minister of the Federal Capital Territory, Nyesom Wike.

The soldier had blocked Wike and officials of the FCTA from accessing a portion of land in the FCT.

The officer, claiming he was acting on instructions, told Wike that he would not be allowed into the property. Wike, however, questioned his authority, leading to a heated confrontation and name calling.

Reacting on Facebook, Igbokwe questioned who was behind the military officer in challenging the FCT Minister.

He wrote, “Who is this man in uniform? Of what meat is he fed? Who is beating the drum for him? This is unacceptable? His uniform has to be removed.”

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Senates Rejects NNPCL’s Explanation, Orders Refund of N210trn to Govt

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The Senate has rejected the explanations provided by the Nigerian National Petroleum Company Limited (NNPCL) regarding the ₦210 trillion outstanding against the oil firm.

It came to the conclusion on Wednesday that the money, which had not been accounted for, must be refunded to the Federation Account by the company.

The Senate Committee on Public Accounts chaired by Aliyu Wadada, which has been on the probe for months, took the decision on Tuesday after the Group Chief Executive Officer (GCEO) of the NNPCL, Bayo Ojulari, failed to turn up at its resumed sitting at the National Assembly.

The session was called to give the NNPCL the opportunity to make clarifications on the answers the company provided to the 19 questions the panel asked the firm about the ₦210 trillion.

Following a review of the operations of the NNPCL from 2017-2023, the committee sighted the unexplained transaction, totaling ₦103 trillion (accrued expenses) and ₦107 trillion (receivables) in the audited financial statements of the firm, prompting it to raise the queries.

After weeks of back-and-forth between the committee and the NNPCL, the NNPCL eventually responded to the 19 questions.

However, at a resumed session, Senator Wadada frowned at the absence of  Ojulari, whom the committee said gave no reasons for staying away, consequently rejected the explanations.

The Chairman of the committee, Senator Aliyu Wadada, while speaking on the panel’s findings, said the responses were not only unsatisfactory, but were also contradictory.

“NNPC claimed ₦103 trillion as accrued expenses and ₦107 trillion as receivables -amounting to ₦210 trillion. On question eight, NNPC’s explanation on the ₦107 trillion receivables -equivalent to about $117 billion -contradicts available facts and evidence provided by NNPC itself. The committee is duty-bound to reject this,” he stated.

Wadada further questioned how the firm could pay ₦103 trillion in Cash Calls to Joint Venture (JV) partners in 2023 alone, despite generating only ₦24 trillion in crude revenue between 2017 and 2022.

“Cash Call arrangements were abolished in 2016 under the President Muhammadu Buhari administration. How can NNPC claim to have paid ₦103trn in one year, when it only generated ₦24trn in revenue over five years? Where did NNPC get that money?

“As far as this committee is concerned, that figure is unjustifiable and unacceptable. The ₦103 trillion must be returned to the Treasury. This will be concluded when the NNPCL appears before us,” he stated.

The committee said it would have been better for the current management of the NNPCL to admit that it encountered challenges in explaining what happened to the funds than giving contradictory answers to the questions.

“If the present management of NNPCL is finding it difficult to provide acceptable answers, it is better they say so. The committee will not hesitate to subpoena former officials of NNPCL and NAPIMS,” Wadada added.

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