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EBID Launches ESG Financing Framework

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EBID Launches ESG Financing Framework

By: Michael Mike

The ECOWAS Bank for Investment and Development (EBID) has published its inaugural Environmental, Social, and Governance (ESG) Financing Framework, signalling its commitment to sustainable development and green financing of key projects in priority sectors.

The Framework, which has received a positive assessment from ISS Corporate Solutions, will play a crucial role in linking EBID’s resource mobilization strategy with its objectives of promoting resilient, inclusive, and sustainable growth in its member states.

A statement from the bank quoted it’s President and Chairman of the Board of Directors, Dr George Agyekum Donkor as saying: “We are thrilled to launch our ESG Financing Framework and receive this positive assessment from ISS ESG Solutions,” he added that: “EBID is committed to leading the charge for green financing in the ECOWAS region and fostering the emergence of an economically strong, industrialized, and prosperous West Africa. This Framework will allow us to structure and execute ESG-related funding transactions that support the deployment of capital outlined in our Strategic Plan 2021-2025.”

According to him, “EBID’s ESG Financing Framework includes four green project categories and seven social project categories, all of which have been assessed as generating a positive contribution to sustainability”, with no project categories assessed as having “no net impact” or having a lower assessment.

The ISS Second-Party Opinion, published alongside the Framework, highlights the Bank’s commitment to the Sustainability and Development Goals (SDGs) and its objectives of promoting economic integration, healthcare delivery, social protection, and climate resilience.

The publication of the ISS Second-Party Opinion demonstrates EBID’s commitment to sustainable development and provides greater transparency on the actions it is taking to foster sustainable growth in its member states. With its balance sheet size set to increase by 80% over the next five years, EBID is well-positioned to make a positive impact on the ECOWAS region and become the leading regional investment and development bank in West Africa.

Donkor said: “We are proud to play a role in supporting EBID’s ESG initiatives and the positive impact they will have on the ECOWAS region,” said ISS Corporate Solutions. “This Framework is a testament to EBID’s commitment to sustainable development and demonstrates their position as a leader in green financing in the region.”

The statement said EBID was advised by Rothschild & Co on the structuring of the Sustainable Finance Framework and on the Second Party Opinion review process.

EBID is a leading regional investment and development bank, owned by the fifteen (15) ECOWAS Member States, namely, Benin, Burkina Faso, Cape Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo. Based in Lomé, Togolese Republic, the Bank is committed to financing developmental projects and programmes covering diverse initiatives from infrastructure and basic amenities, rural development and environment, industry, and social services sectors, through its private and public sector windows. EBID intervenes through long, medium, and short-term loans, equity participation, lines of credit, refinancing, financial engineering operations and related services.

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Ekiti Poll: NSCDC Deploys 10,000 Personnel

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Ekiti Poll: NSCDC Deploys 10,000 Personnel

By: Michael Mike

The Nigeria Security and Civil Defence Corps (NSCDC) has deployed 10,000 personnel, including elite tactical squads and K9 units, to Ekiti State ahead of the forthcoming governorship election, in a major security operation aimed at ensuring a peaceful and credible poll.

The deployment, announced on Wednesday by the NSCDC National Headquarters in Abuja, is part of the Corps’ efforts to guarantee a violence-free atmosphere and protect the integrity of the electoral process.

According to the NSCDC, personnel have been mobilised from several neighbouring states, including Ondo, Osun, Oyo, Lagos, Kwara, Edo, Ogun and Kogi, alongside operational reinforcements from Zones 11 and 6.

The Corps said its specialised units, including the Commandant General’s Special Intelligence Squad (SIS), Special Weapons and Tactics (SWAT) unit, Specialized Female Squad, Mining Marshals, Special Force and Crack Squad, as well as the K9 Unit, have been placed on high alert to detect and neutralise any security threats before, during and after the election.

To coordinate the operation, the Commandant General, Ahmed Audi has designated the Deputy Commandant General in charge of Operations, Ayuba Phillips, to personally lead the security exercise on the ground in Ekiti State.

Reaffirming the Corps’ readiness, the Commandant General said the security operation was designed to protect voters, election officials and other stakeholders and to prevent any form of electoral violence.

“Our mission in Ekiti State is definitive: to protect the integrity of the democratic process and guarantee the safety of every voter, election official, and citizen. We will tolerate no form of electoral violence, thuggery, or disruption. Our specialized squads and tactical forces are fully briefed and strategically positioned to maintain absolute law and order,” he said.

The NSCDC also disclosed that it is working closely with other security agencies to provide comprehensive security coverage throughout the election period, stressing that all personnel have been directed to maintain professionalism, neutrality and civility in line with the provisions of the Electoral Act.

The deployment comes amid heightened preparations for the governorship election, with security agencies under pressure to prevent voter intimidation, electoral violence and other disruptions that have occasionally marred elections in parts of the country.

The Corps urged residents of Ekiti State to conduct themselves peacefully, turn out to exercise their civic rights without fear and promptly report suspicious activities to security personnel.

Ekiti Poll: NSCDC Deploys 10,000 Personnel

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Nigeria, UN Rally Global Support for Peace as IGP Honours Fallen Peacekeepers

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Nigeria, UN Rally Global Support for Peace as IGP Honours Fallen Peacekeepers

By: Michael Mike

Nigeria has renewed its commitment to global peacekeeping and multilateral cooperation, with the United Nations and the Nigeria Police Force calling for greater investment in peacebuilding as the world confronts rising conflicts, insecurity and humanitarian crises.

The call was made on Wednesday during the commemoration of the 2026 International Day of United Nations Peacekeepers in Abuja, where the United Nations Resident Coordinator in Nigeria, Mohammed Fall and the Inspector-General of Police (IGP), Olatunji Disu, paid tribute to peacekeepers who have served and died in missions across the world.

Held under the theme “Invest in Peace,” the event brought together government officials, diplomats, security agencies, development partners and serving peacekeepers to celebrate the sacrifices and achievements of men and women deployed under the United Nations flag.

The United Nations described peacekeeping as one of the most enduring symbols of international solidarity, stressing that peace remains the foundation of sustainable development and human progress.

Speaking at the ceremony, the UN Resident Coordinator said peace was built not only through security interventions but also through investments in education, justice, social cohesion, youth empowerment and inclusive development.

“Every investment in peace is an investment in humanity,” the UN official said, citing the position of UN Secretary-General, António Guterres, that peace remains the foundation upon which sustainable development is built.

The UN noted that more than two million people have served in peacekeeping operations since 1948, while over 87,000 military, police and civilian personnel are currently deployed in missions around the world.

The world body also highlighted Nigeria’s impressive peacekeeping record, revealing that the country has contributed more than 200,000 military and police personnel to 41 peace support missions since the 1960s.

According to the UN, Nigeria currently has 335 uniformed personnel serving in United Nations operations, including 138 officers of the Nigeria Police Force.

The Resident Coordinator commended Nigerian peacekeepers for their professionalism and dedication in conflict zones, saying they had helped protect civilians, strengthen democratic institutions and support post-conflict recovery efforts across several countries.

“You carry trust. You carry the hopes of families you protect. You walk into difficult places so others can live in safety. You stand between uncertainty and stability,” the official told Nigerian officers serving under the UN flag.

In his remarks, IGP Disu paid glowing tribute to peacekeepers who have made the ultimate sacrifice in the pursuit of global peace and security.

He disclosed that since the establishment of UN Peacekeeping Operations in 1948, more than 4,500 peacekeepers have lost their lives while protecting vulnerable populations and helping stabilize conflict-affected societies.

“Peace is not free. It is often secured through extraordinary acts of courage, selflessness and dedication,” Disu said.

The police chief emphasized Nigeria’s longstanding contributions to international peace operations through the deployment of police officers to various United Nations missions across Africa and beyond.

According to him, Nigerian police personnel have distinguished themselves in areas such as civilian protection, electoral assistance, post-conflict reconstruction, institution building and community policing.

He said the professionalism displayed by Nigerian officers has earned the country international recognition and strengthened its standing as a responsible contributor to global peace and security.

Disu used the occasion to advocate increased investment in peacebuilding initiatives, arguing that preventing conflicts is more cost-effective and sustainable than responding to crises after violence has erupted.

“Investing in peace means strengthening institutions, promoting justice, protecting human rights and addressing the root causes of instability before they escalate into conflict,” he said.

The IGP also stressed the need for continuous training and capacity development for peacekeepers, noting that modern peace operations require personnel equipped with operational competence, mediation skills, cultural sensitivity and community engagement capabilities.

He further underscored the importance of increasing women’s participation in peacekeeping missions, saying inclusive peace processes produce more sustainable outcomes and strengthen the legitimacy of peace operations.

Disu paid special tribute to the families of peacekeepers, describing them as unsung heroes whose sacrifices and emotional support make international service possible.

The event also coincided with Nigeria’s renewed commitment to the principles and objectives of the United Nations Charter ahead of the 81st session of the United Nations General Assembly.

Nigerian officials reiterated the country’s support for international cooperation, global peace efforts and ongoing reforms aimed at strengthening the effectiveness of the United Nations in addressing emerging global challenges.

The United Nations, meanwhile, commended the administration of President Bola Tinubu for efforts to promote peace, security and national stability, noting that peacekeeping abroad and peacebuilding at home are inseparable elements of sustainable development.

The organisation reaffirmed its commitment to supporting Nigeria through partnerships with government institutions, civil society groups, traditional leaders, women, youth and development partners to advance dialogue, human rights, humanitarian assistance and social cohesion.

Speakers at the ceremony agreed that peace should not merely be defined as the absence of war but as the presence of justice, opportunity and human dignity.

They stressed that investments in schools, healthcare, community development, youth empowerment and accountable institutions remain essential for preventing violence and building resilient societies.

As global conflicts, terrorism, displacement and political instability continue to challenge international peace and security, participants called for stronger cooperation among nations and renewed commitment to the ideals of the United Nations.

They maintained that the greatest legacy the current generation can leave behind is a peaceful world where future generations can live in safety, dignity and hope.

Nigeria, UN Rally Global Support for Peace as IGP Honours Fallen Peacekeepers

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Tegbe Woos Investors to Power 35,000 Health Facilities, Says Healthcare Electrification Biggest Energy Opportunity in Africa

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Tegbe Woos Investors to Power 35,000 Health Facilities, Says Healthcare Electrification Biggest Energy Opportunity in Africa

By: Michael Mike

The Federal Government has intensified efforts to attract local and international capital into Nigeria’s healthcare sector, with Minister of Power, Joseph Tegbe declaring the electrification of over 35,000 health facilities nationwide as one of Africa’s most attractive investment opportunities.

Speaking at the National Healthcare Electrification Investor Matchmaking Forum held in Lagos under the Nigeria Power for Health Initiative (NPHI), Tegbe urged investors to embrace innovative and sustainable financing models capable of ending the chronic energy deficits that continue to undermine healthcare delivery across the country.

The forum, organised by the Federal Ministry of Health and Social Welfare in partnership with UK PACT, brought together government officials, development partners, hospital administrators and private sector leaders to explore pathways for mobilising private capital into healthcare electrification.

Tegbe said reliable electricity had become indispensable to modern healthcare delivery, stressing that access to power was no longer merely an infrastructure issue but a critical determinant of patient outcomes, emergency response capabilities and the overall effectiveness of health institutions.

Describing himself as an early stakeholder in the initiative before assuming office as Minister of Power, he reaffirmed his commitment to driving its implementation, noting that the programme aligns with the power sector reform agenda of President Bola Ahmed Tinubu and the administration’s Renewed Hope Agenda.

According to the minister, the country’s more than 35,000 registered primary, secondary and tertiary healthcare facilities represent a vast pipeline of commercially viable projects capable of attracting investment into solar mini-grids, hybrid energy systems, battery storage technologies, smart metering, energy management platforms and climate-resilient infrastructure.

“The opportunity before investors is significant and scalable,” Tegbe said, adding that healthcare electrification offers long-term prospects for sustainable returns while addressing a critical social need.

He assured prospective investors that the Federal Government would provide the policy support, regulatory certainty and inter-ministerial coordination required to de-risk investments and ensure successful project delivery.

Tegbe disclosed that the Ministry of Power is already implementing similar interventions through the World Bank-supported Nigeria Electrification Project, under which solar mini-grids and hybrid energy solutions have been deployed in healthcare facilities across the country.

He also pointed to the provisions of the Electricity Act as a robust regulatory framework that supports power purchase agreements, mini-grid licensing and increased participation by state governments in electricity projects.

The minister maintained that the ultimate goal of the initiative is to strengthen healthcare infrastructure and position Nigeria as a preferred destination for quality healthcare services in Africa.

Also speaking at the forum, Minister of State for Health and Social Welfare, Iziaq Adekunle Salako, described the NPHI as a strategic departure from traditional donor-dependent interventions towards a commercially sustainable Energy-as-a-Service model.

Under the framework, he explained, specialised energy providers would finance, install and maintain power systems for healthcare facilities, thereby eliminating one of the most persistent obstacles to effective healthcare delivery.

Salako noted that unreliable power supply continues to threaten the operation of theatres, diagnostic equipment, vaccine cold-chain systems and emergency services across many health institutions.

He said the initiative is built on blended financing mechanisms, institutional preparedness and national scalability, with the first phase targeting federal tertiary hospitals before expanding to primary and secondary healthcare facilities nationwide.

According to him, a new governance structure has already been established to drive implementation, strengthen investor confidence and unlock private-sector participation in the healthcare energy market.

The renewed push by government signals a major attempt to leverage private investment to solve one of the healthcare sector’s most enduring challenges, while simultaneously opening a potentially multi-billion-dollar market for clean energy developers and infrastructure financiers.

Tegbe Woos Investors to Power 35,000 Health Facilities, Says Healthcare Electrification Biggest Energy Opportunity in Africa

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