Connect with us

National News

9th EU-Nigeria Business Forum: Business leaders, policy makers to explore new investment opportunities

Published

on

9th EU-Nigeria Business Forum: Business leaders, policy makers to explore new investment opportunities

By: Michael Mike

Nigerian and European business leaders, policy makers and institutional stakeholders will converge on Abuja on July 2, 2024 to identify and explore investment opportunities along specific value chains during the 9th European Union-Nigeria Business Forum.

The Forum, which is holding in the federal capital for the first time, according to a statement on Sunday is being organised by the EU Delegation to Nigeria and ECOWAS, in close coordination with EU Member States and the Federal Ministry of Industry, Trade and Investment.

Themed “Investing in jobs and a sustainable future”, the event will take place at Abuja’s Continental Hotel.

The EU Ambassador to Nigeria and ECOWAS, Samuela Isopi, said the Business Forum, aside from fostering engagement between businesses, policymakers, and stakeholders from Nigeria and the EU, will also facilitates trade, investment, and partnerships through networking, discussions, and policy shaping, to promote economic cooperation between the EU and Nigeria and stimulate sustainable growth for both parties.

She said: @It is important to note that for the first time since its inception, the 2024 edition of the EU-Nigeria Business Forum will be held in Abuja. This will provide an opportunity for the EU, its Member States and the private sector from Europe and Nigeria to engage the new administration on their investment agendas in a transparent and inclusive manner, with a view to fostering confidence and commitment to a stronger and sustainable partnership.”

As part of the EU Global Gateway Strategy, she explained, EU-funded projects will complement private sector investment in areas, which bring about critical social, economic, and environmental sustainability.
In the case of Nigeria, particular attention is paid to the harnessing of local talent, particularly among youth and women, as well as economic, social, and environmental resilience. Against this backdrop, she stated, the 9th EU Nigeria Business Forum will focus on current and prospective investment in the digital, health, and agricultural sectors.

According to Ms Isopi, the Business Forum will discuss options and respective benefits towards establishing a bilateral legal framework between the EU and Nigeria, bringing certainty, stability, and sustainability to bilateral trade and investment relations.

Minister of Industry, Trade, and Investment Dr. Doris Uzoka-Anite, expressed her support, saying: “I commend the EU Delegation to Nigeria and ECOWAS, as well as the EU Member States, for their dedication to promoting economic cooperation and stimulating sustainable growth. Let us seize this opportunity to pave the way for a prosperous future for both Nigeria and the EU.”

The Forum will run in a hybrid format, targeting sectoral associations, business community, and entrepreneurs, and is expected to attract at least 400 in-person participants, excluding those who will join the event virtually. It will also feature panels on a range of issues, including Confidence in the Nigerian Economy – sustainable solutions to attract Foreign Direct Investment (FDI), Digitalisation Leapfrog, Healthy Economies Thrive, and From Agriculture to Agribusiness.

9th EU-Nigeria Business Forum: Business leaders, policy makers to explore new investment opportunities

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

National News

President Tinubu: We’re Fulfilling Our Promise To Uplift Living Standards Of Nigerians

Published

on

President Tinubu: We’re Fulfilling Our Promise To Uplift Living Standards Of Nigerians

Returns to Karu, commissions roads, 1 week after water supply project, says it’s part of urban decongestion

By: Our Reporter

One week after inaugurating the Karu satellite town water supply network in Karu, President Asiwaju Bola Ahmed Tinubu, Monday, returned to the Abuja satellite town, where he commissioned the newly rehabilitated and expanded roads from the Karu Interchange to the Customs Clinic Junction, including other vital adjoining roads.

He said the road projects and other infrastructural development are a clear testament to his promise to resolve urban congestion and uplift the living standards of Nigerians..

The Nigerian leader who was represented at the commissioning by his deputy, Vice President Kashim Shettima, explained that by expanding and rehabilitating the roads, his administration is not just laying asphalt but injecting life back into the nation’s local economy.

He noted that when he assumed office in 2023, his administration “recognized that true development must reach where the people actually live, work, and commute.

“Indeed, this project stands as a clear testament to our promise to resolve urban congestion and uplift the living standards of our people. It is a direct product of our Renewed Hope Agenda in action,” he stated.

President Tinubu observed that for years, the Karu corridor, which serves as a critical gateway between the FCT and neighboring states, grappled with severe traffic congestion that drained the productivity and energy of residents.

He, however, noted that the newly constructed and rehabilitated roads have dramatically cut down “daily travel times, eliminates frustrating gridlocks, and ensures that businesses in this densely populated area can thrive under the right conditions.

“A premium road network must also prioritize the safety of its users both day and night. To ensure maximum security along this corridor, the Federal Capital Territory Administration has installed modern solar-powered streetlights along the entire road network, illuminating dark stretches, drastically reducing nighttime crime, and improving visibility for motorists,” he added.

The President attributed the rapid physical transformation across Abuja to “the dogged, relentless and focused supervision” of the Minister of FCT, Ezenwo Nyesom Wike, noting the aggressive implementation of his administration’s urban renewal master plan is visible for all to see.

“I sincerely commend the Minister and his team. By prioritizing high-density, strategic satellite nodes like Karu alongside the city center, the FCT Administration is validating our governance philosophy: that the wealth of this territory must yield practical, everyday comfort for all socio-economic classes.

“I also commend the contractor Abdul-Val Nigeria Limited for quality work and timely delivery. They have demonstrated that Nigerian firms can match international benchmarks for quality, structural integrity, and project management,” he added.

The Nigerian leader charged traditional rulers, market women, youth leaders, and the entire Karu residents to protect the roads from vandalism, indiscriminate roadside dumping that clogs drainage systems, and ensure the roads serve as a secure foundation for their “commerce, safety, and long-term community pride.”

Earlier, the FCT Minister said the support given to the administration of the FCT by Mr President is unprecedented and a demonstration of his commitment to the wellbeing and welfare of the people.

Wike noted that residents of the territory and environs are overwhelmed with the developmental strides in the FCT and assured them of that the momentum will be sustained.

The Minister commended the steadfastness and commitment of the contractor that handled the infrastructure project in Karu and environs, particularly in aligning with the agenda of the Federal Government to transform the state of infrastructure across the country.

For her part, the FCT Head of Service, Mrs Nancy, on behalf of the management, staff and residents of the territory, thanked President Tinubu for his unwavering commitment to national development and infrastructural renewal.

Presenting the project overview, the Coordinator of the Satellite Towns Development Department (STDD) FCT, Hon. Zulkiflu Abdulkadir, said improving the state of infrastructure in the satellite towns and area councils as well as uplifting the lives and livelihoods of the residents is critical to the development of the FCT.

He said the project which comprises the installation of solar-powered street lights, construction of drainages and walkways, will significantly improve economic and social activities in Karu town which is the most populated satellite town in the FCT.

Also present at the ocassion were legislators, top government officials, traditional rulers and stakeholders in the FCT, among others.

President Tinubu: We’re Fulfilling Our Promise To Uplift Living Standards Of Nigerians

Continue Reading

National News

MSF Launches Local Nutrition Initiative as Child Malnutrition Crisis Deepens in Kebbi

Published

on

MSF Launches Local Nutrition Initiative as Child Malnutrition Crisis Deepens in Kebbi

By: Michael Mike

Médecins Sans Frontières (MSF), also known as Doctors Without Borders, has launched a locally driven nutrition intervention in Kebbi State to tackle rising cases of child malnutrition amid growing concerns over preventable deaths among children under five in north-west Nigeria.

The humanitarian organisation announced on Wednesday that the programme, built around the use of Tom Brown, a locally produced complete food supplement, is expected to reach more than 16,000 children suffering from moderate acute malnutrition by the end of 2026.

The initiative comes against the backdrop of a sharp rise in severe acute malnutrition cases recorded in Kebbi between 2024 and 2025, a trend that has stretched healthcare resources and heightened fears of worsening child mortality in one of Nigeria’s most vulnerable regions.

MSF Nigeria Country Coordinator, Stuart Alexander Zimble, described the malnutrition situation in Kebbi as alarming, noting that it remains one of the leading causes of death among young children in the state.

He urged authorities and humanitarian agencies to intensify support and interventions to avert further avoidable deaths.

According to UNICEF data cited by the organisation, an estimated 30 newborns and 100 children under the age of five die daily in Kebbi State, with nearly half of the deaths linked directly to malnutrition. The crisis is compounded by high levels of stunting, widespread malaria and extremely low vaccination coverage, with only about 7.4 per cent of children under two years fully immunised.

MSF said it has been providing free treatment for severe and complicated malnutrition in Kebbi since March 2022 through two inpatient therapeutic feeding centres and four outpatient centres. However, it noted that the needs remain enormous due to persistent insecurity, limited healthcare access, climate-related shocks and declining livelihood opportunities that have weakened household resilience and worsened health outcomes.

The organisation disclosed that after health authorities decided in September 2024 to stop admitting children with moderate acute malnutrition to enable a focus on severe cases, medical teams subsequently recorded a 41 per cent increase in severe malnutrition cases treated at outpatient facilities and a 39 per cent rise in inpatient admissions.

Zimble said many children who initially presented with moderate malnutrition later returned with severe and, in some cases, life-threatening conditions, underscoring the need for earlier intervention.

The Tom Brown programme was consequently introduced in early 2026 as part of efforts to strengthen community-based responses to malnutrition before children deteriorate into critical conditions.

Tom Brown, also known locally as Garin Kunu, is a traditional Nigerian nutritional recipe prepared from a blend of sorghum, soya beans and groundnuts. MSF said the programme seeks to leverage a familiar and culturally accepted food supplement to create sustainable solutions that communities can continue using beyond emergency interventions.

Nigeria continues to grapple with one of the world’s largest burdens of child malnutrition. Humanitarian agencies have repeatedly warned that conflict, economic hardship, food inflation and climate shocks are pushing increasing numbers of children across the northern states into acute food and nutrition insecurity, making early intervention programmes crucial to preventing avoidable deaths.

MSF Launches Local Nutrition Initiative as Child Malnutrition Crisis Deepens in Kebbi

Continue Reading

National News

Troops Rescue Security Personnel, Recover Arms After Mob Attack in Oyo

Published

on

Troops Rescue Security Personnel, Recover Arms After Mob Attack in Oyo

By: Zagazola Makama

Troops of the 2 Division Garrison have intervened in a mob attack at Ojurin Mammy Market in Lagalu Local Government Area of Oyo State, rescuing three police personnel and a civilian driver who were assaulted by unknown individuals.

Military sources said the incident occurred at about 6:46 p.m. on June 18, when the victims were attacked by a mob who mistook them for armed robbers while they were dressed in plain clothes.

The victims were later identified as personnel attached to the Violent Crimes and Response Unit Annex, Iyana Church, Alakia, Ibadan.

Troops who responded swiftly to the distress situation succeeded in rescuing the victims from the mob and restoring order in the area.

The civilian driver involved in the incident reportedly sustained varying degrees of injury and was evacuated to the 2 Division Medical Services and Hospital for treatment.

During the operation, troops recovered one AK-47 rifle, one riot gun, and 25 rounds of 7.62mm special ammunition from the scene.

Authorities said the situation had been brought under control, while efforts were ongoing to prevent further escalation and ensure public safety in the area.

Troops Rescue Security Personnel, Recover Arms After Mob Attack in Oyo

Continue Reading

Trending

Verified by MonsterInsights