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

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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

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VP Shettima Attends AU Heads of State Plenary Session

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VP Shettima Attends AU Heads of State Plenary Session

By: Our Reporter

Vice President Kashim Shettima is attending the plenary of the 39th Ordinary Session of the Assembly of Heads of State and Government of the African Union in Addis Ababa, Ethiopia.

The opening session has drawn leaders from across the continent and beyond, as delegates convene to address critical issues under this year’s theme: “Assuring Sustainable Water Availability and Safe Sanitation Systems to Achieve the Goals of Agenda 2063.”

The Vice President is representing President Bola Ahmed Tinubu at the high-level gathering.

VP Shettima Attends AU Heads of State Plenary Session

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Experts Warn Senate Amendment to Electoral Act May Weaken Electronic Transmission Safeguards

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Experts Warn Senate Amendment to Electoral Act May Weaken Electronic Transmission Safeguards

By: Michael Mike

A coalition of electoral reform advocates, legal experts and technology specialists has warned that the proposed amendment to Clause 60(3) of Nigeria’s Electoral Act could undermine recent gains in electoral transparency if not carefully revised.

They gave support to the position of the House of Representatives over that of the Senate, stating that the lower legislative arm position on the amendment of the electoral act was a lesser devil than that of the upper chamber.

The position emerged from an Expert Round Table convened in Abuja on Friday by ActionAid Nigeria, YIAGA Africa and the Movement for the Transformation of Nigeria. The meeting brought together academics, civil society leaders, lawyers, engineers, election administrators and governance specialists to examine the implications of the National Assembly’s amendment to Clause 60(3) of the Electoral Act 2022.

At the centre of deliberations was the provision dealing with electronic transmission of election results. While the current law provides for electronic transmission, the Senate’s amendment affirms that manually signed polling unit results remain legally valid if electronic transmission fails. Participants argued that this caveat could reopen long-standing vulnerabilities in Nigeria’s electoral process.

Experts at the forum stressed that credible elections are the bedrock of democratic legitimacy and political stability. They noted that Nigeria’s democratic history has repeatedly been strained by allegations of manipulation, flawed collation processes and protracted post-election litigation. According to participants, strengthening transparency in result transmission is critical to rebuilding public confidence.

A major focus of the discussion was the role of the Bimodal Voter Accreditation System (BVAS) and the INEC Result Viewing Portal (IReV) in safeguarding results at polling units. Participants described electronic transmission not merely as a technological innovation but as a protective mechanism against manipulation during collation — historically considered the weakest link in Nigeria’s elections.

Technical experts at the meeting maintained that electronic transmission is largely feasible nationwide, citing data that shows approximately 98 per cent network coverage across polling units, with only about two per cent classified as connectivity blind spots. They recommended targeted infrastructure investment to address these gaps rather than reverting to manual safeguards that could compromise transparency.

Concerns were also raised about legal ambiguities in the proposed amendment. Participants observed that the Senate version does not explicitly mandate electronic transmission through BVAS, nor does it clearly outline procedures in the event of technical failure. This, they argued, could create loopholes and fuel conflicting interpretations between manual and electronically transmitted results.

Another issue highlighted was the legal status of regulations issued by the Independent National Electoral Commission (INEC). Many operational guidelines governing electronic transmission are contained in subsidiary regulations rather than entrenched in the Act itself, potentially weakening their enforceability in court.

The experts warned that ambiguity in the law could increase election petitions and deepen what they described as the “judicialization of politics,” where electoral outcomes are increasingly determined in courtrooms rather than at the ballot box.

Beyond the amendment, participants identified broader institutional challenges affecting electoral integrity, including perceived executive influence in appointments to INEC, vote buying, weak enforcement of electoral offences and political interference. They called for comprehensive reforms to strengthen the independence and technical capacity of the electoral body.

In their resolutions, the roundtable participants reached consensus that electronic transmission should be clearly established in law as the primary and legally binding method for transmitting election results. They expressed preference for the version passed by the House of Representatives, which does not prioritise manually signed results in cases of transmission failure, while recommending further refinements to ensure clarity.

They also urged lawmakers to incorporate key INEC regulations directly into the Electoral Act, reform judicial procedures governing election disputes for faster resolution, and invest in election technology infrastructure.

Looking ahead, the experts advocated a long-term reform agenda that could eventually include electronic voting, drawing from international best practices. They further called on the National Assembly to conduct a public hearing on the technical glitches recorded during the 2023 general elections to prevent recurrence and enhance accountability.

The meeting concluded that Nigeria’s democratic future depends on ensuring that electoral reforms strengthen — rather than dilute — safeguards designed to reflect the true will of voters. Participants pledged continued legislative engagement and public advocacy to protect the integrity of the country’s electoral framework.

Experts Warn Senate Amendment to Electoral Act May Weaken Electronic Transmission Safeguards

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Wife of the Vice President of Nigeria in Ethiopia

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Wife of the Vice President of Nigeria in Ethiopia

By: Our Reporter

Wife of the Vice President of Nigeria Hajiya Nana Shettima arrived Addis Ababa With Her Husband, Senator Kashim Shettima to attend the 30th General Assembly of Organization of African First Ladies For Development (OAFLAD) while The Vice President will be attending the 39th Ordinary Session of the Assembly of African Union Heads of States and Government on behalf of President Bola Ahmed Tinubu

Mrs Shettima is Representing First Lady of Nigeria Senator Oluremi Tinubu CON.
The African First Ladies are expected to Focus on internal issues and advance OAFLAD’s strategic priorities.

The 30th General Assembly’s open session under the theme “Building Resilience for Women and Girls: Climate, Conflict, and Sustainable Futures will be held on the 15th of February.

Mrs Shettima who left Abuja this afternoon for Addis Ababa the Capital of Ethiopia will participate in various meetings with African First Ladies spanning for Three Days

Wife of the Vice President of Nigeria in Ethiopia

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