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PRESIDENT TINUBU AT ABUJA CARNIVAL LAUNCH: Creative Economy A Cornerstone Of My Diversification Agenda

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PRESIDENT TINUBU AT ABUJA CARNIVAL LAUNCH: Creative Economy A Cornerstone Of My Diversification Agenda

*** Says industry now a major contributor to Nigeria’s non-oil GDP growth

By: Our Reporter

President Bola Ahmed Tinubu yesterday identified the creative economy as a cornerstone of his administration’s economic diversification agenda.

He also reaffirmed his administration’s commitment to positioning Nigeria’s creative sector as key driver of Nigeria’s global influence.

The President stated this during the launch of the 2024 Abuja International Carnival at Eagle Square, Abuja.

President Tinubu who was represented by his deputy, Vice President Kashim Shettima, said, “We are not here just to celebrate a carnival but to reaffirm the essence of who we are as Nigerians—a people of culture, a people of art, a people of colour, and a people of shared values.”

The President reaffirmed the carnival’s role in strengthening Nigeria’s position in the global creative economy.

“Our creativity continues to shine on the global stage, drawing admiration and respect. This heritage is the truest measure of what it means to be Nigerian—proud, resourceful, and innovative,” he stated.

Under the theme, “Carnival of Renewed Hope: A Pledge to My Country,” the event showcased performances from across Nigeria and beyond, demonstrating the administration’s commitment to cultural diplomacy.

“The unifying power of art and culture on display here is a reflection of what we can achieve when we work together,” President Tinubu said.

The President emphasised the carnival’s economic impact, noting that Nigeria’s creative industries are already contributing significantly to the nation’s GDP.

“Over the years, this carnival has become a stage for showcasing our rich cultural heritage and a driving force behind our growing creative economy. It has revitalised local industries, fostered cultural diplomacy, and contributed immensely to Nigeria’s position as a cultural powerhouse on the global stage.”

Addressing international participants, Tinubu reinforced Nigeria’s commitment to cultural exchange, just as he said, “Their presence affirms that culture transcends boundaries, and it is through cultural exchange that we build bridges of understanding, friendship, and shared humanity. In this carnival, we offer not just a spectacle but a home away from home for our guests.”

The President called for deeper reflection on the event’s significance, noting that it is more than mere celebration: “A carnival of this scale is not merely an occasion for festivities; it is a call to action. It reminds us of the pledge we owe to our nation: to promote peace, preserve our unity, and contribute, in whatever way we can, to the Nigeria of our dreams.”

The Federal Ministry of Art, Culture, and the Creative Economy, working alongside the Federal Capital Territory Administration and the Abuja International Carnival Secretariat, also received presidential commendation for their role in organizing the event.

President Tinubu praised their “dedication and vision in making the carnival a source of pride for our nation.”

“Our diversity is not just a mark of identity but a powerful force that strengthens our unity and inspires us to dream bigger for our country,” he added.

Earlier in his opening remarks, the Minister of Art, Culture, Tourism, and Creative Economy, Barr. Hannatu Musawa explained that the carnival is a brand that binds Nigerians together and promotes the nation’s beauty and strength in diversity.

The Minister who was represented by the Acting Permanent Secretary in the Ministry, Mr. Oraelumo Obi Raphael, said, “The Carnival is a unique brand that involves the 36 states and the FCT, and countries from all over the world, with Federal Ministry of Arts, Culture, and the Creative Economy as the Coordinating Ministry and the FCT as the host.

“The unique aspect of Abuja Carnival is the fact that it is a platform for artistic expression, innovation, and cultural exchange among local and international participants and the activities are highly competitive, which has given Nigerians the platform to develop and showcase their creative ingenuity as a tool for harnessing the power of culture and strengthening our nation’s bond to foster a brighter future.”

For the FCT Minister, Barr. Nyesom Wike, who was represented by the Director, Social Welfare in the FCTA, the theme of this year’s carnival, “Carnival of Renewed Hope: A Pledge to My Country,” is a call to action, a reminder and a promise, noting that it does not just celebrate the nation’s vibrant culture but also the spirit of resilience and hope that define Nigeria.

He said, ” As we gather here, adorned in the colours, sounds, and expressions of our diverse heritage, we are also united by a shared vision for Nigeria, a vision rooted in the Renewed Hope Agenda of Mr. President, Bola Ahmed Tinubu, of hope, renewal, and the commitment to work together toward a brighter future.

“The Abuja International Carnival is a testament to the power of culture in binding us together. It serves as a bridge, connecting generations, ethnicities, and regions across Nigeria.”

PRESIDENT TINUBU AT ABUJA CARNIVAL LAUNCH: Creative Economy A Cornerstone Of My Diversification Agenda

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After Boko Haram’s destructions, Governor Buni built modern markets across Yobe

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After Boko Haram’s destructions, Governor Buni built modern markets across Yobe

By: Yahaya Wakili

Yobe State is one of the states whose economic activities were destroyed and suffered from the Boko Haram insurgency in the northeastern part of Nigeria, and in its effort to expand the economic activities in the state and also to provide infrastructure facilities to the citizens of the state after recovery from the Boko Haram insurgency. His Excellency, the Executive Governor of Yobe State, Hon. Mai Mala Buni, has built modern markets across the state in order to boost the economy and businesses in the state. The Commissioner of Home Affairs and Information, Hon. Abdullahi Bego, said there are two types of markets that His Excellency built. The first one is the ultramodern markets: one in Potiskum, one in Damaturu, the state capital, one in Geidam, one in Gashu’a, and another one in Nguru town. The major towns of Yobe State have one each of these markets. And also, we have the modern markets: one in Yunusari, one in Machina, one in Ngalda, and one in Buni Yadi, an ongoing project.

The commissioner of Housing and Rural Development, Architect Ahmed Buba, said His Excellency has constructed 9 modern markets across the state; we have 5 ultramodern markets completed with one ongoing, making 6; and also we have 4 modern markets, and Potiskum ultramodern markets have 500 shops, 192 stalls, and 12 warehouses large enough to accommodate about 12 trucks each, and also they have about 3 kilometers of roads and drainages as well as an administration block and praying ground. The markets are opening up economic activities in Yobe State, and with these markets the economy of Yobe is now building up, and then with the modern markets the businesses are fully on course.

Bego said, “Yobe State Woven and Polythene Company has been an existing company for a long time, and His Excellency Governor Mai Mala Buni is retrofitting and rehabilitating it and making it modern and new.” He starts with the structure, renovating and improving the structure and equipment that are already imported; we are just waiting for the arrival. When they come, they will be installed, and work will start. We produce a lot of grains in Yobe as an agrarian state, so we don’t need to buy all the sacks, all the woven sacks, and all the polythene bags that were used for those grains and other things like that. So this company has existed for a long time but is comatose and dormant. His Excellency has decided to breathe a new spirit into it, retrofitting it, reconstructing it, rebuilding it literally, and then providing equipment. As you can see, the number of people is very few in terms of job creation and in terms of economic activities that will be spanned around this area.

The Mega Motor Park: The former motor park, due to the expansion of that place. His Excellency directed the ministry of housing to identify a site far away from the city; from that roundabout we have a bypass, and henceforth motor vehicles do not pass through Damaturu. They can stop here, and from here other vehicles can transport them to the city center. The commissioner of Housing and Rural Development, Architect Ahmed Buba, said, “This is Damaturu Mega Motor Park, with a capacity of about 500 vehicles. We have a drivers’ lodge, which is going to accommodate up to 150 drivers at a time; we have a terminal building; we have a police station outpost; and we have the clinic, restaurant, and quite a few more.”

Engr. Muhammed Abba Hassan, General Coordinator for the project, said, “This project is awarded to Samsun Nigeria Ltd by the Yobe state government. We started this project about 6 months ago. At this level, we have reached almost over 80 percent, and we expect to complete this project within the stipulated contract agreement. Inshallah, by the end of March, this project will be fully completed.” This Damaturu Mega Motor Park is one of the mega motor parks of its type in Nigeria. We have almost every facility here. We have enough accommodation for travelers and accommodation also for drivers. We have a shop complex, we have a fire service, and we have a comprehensive health clinic that can accommodate not only the passengers but also the environment of this town. We can handle it as far as concern goes; we delivered this project within the stipulated period of time.

Township Stadium in Buni Yadi: This township stadium here in Buni Yadi is transforming sport, which will transform sport in Yobe State. The Permanent Secretary of the Ministry of Youth and Sport, Alhaji Gidado Abubakar, said this project was awarded at the end of September last year to Damuli Investment Company Ltd. for the award of contract for the construction of a mini stadium in Buni Yadi. This is a post-insurgency project being awarded by the state government through the window of the Ministry of Youth, Sport, and Community Development. We signed a 6-month mandate giving the contractor the handing over of the project to the ministry for onward utilization, and about 65% of the project has been achieved. The capacity of the mini stadium is about 5,000 to 6,000 pupils; we have a multipurpose fit, we have badminton, basketball, and the other games, and we have about 78 different games in this project, and it is 250 meters by 200 meters, and 75 thousand square meters.

After Boko Haram’s destructions, Governor Buni built modern markets across Yobe

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U.S. and Nigeria Forge Stronger Trade Ties Through New Investment Partnership

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U.S. and Nigeria Forge Stronger Trade Ties Through New Investment Partnership

By: Michael Mike

The United States and Nigeria have taken a significant step to deepen commercial relations with the U.S.-Nigeria Commercial and Investment Partnership (CIP), a five-year initiative aimed at boosting trade, investment, and private sector growth.

The partnership was highlighted at a ministerial meeting in Lagos co-chaired by U.S. Deputy Assistant Secretary for the U.S. Commercial Service Bradley McKinney and Nigeria’s Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole. The meeting brought together government officials and private sector leaders to review proposed reforms from the CIP Working Groups on Agriculture, Digital Economy, and Infrastructure.

The Working Groups presented strategies intended to improve the business environment, ease trade barriers, and attract investment. McKinney described the proposals as practical measures that could strengthen bilateral trade and create new economic opportunities for both nations.

Oduwole emphasized Nigeria’s commitment to expanding non-oil exports and making local businesses more competitive in global markets. “We are focused on creating sustainable and inclusive opportunities for Nigerian companies to access U.S. markets and beyond,” she said, noting ongoing efforts to implement reforms that make Nigeria’s economy more predictable and investment-friendly.

Senior officials from both countries attended the session, including U.S. Mission Chargé d’Affaires Keith Heffern and Nigeria’s Permanent Secretary of the Ministry of Industry, Trade and Investment, Ambassador Nura Rimi.

The partnership is expected to facilitate continued consultations on trade and investment, encourage two-way investment flows, and support economic growth on both sides of the Atlantic.

In 2024, bilateral trade in goods and services between Nigeria and the United States reached nearly $13 billion. U.S. foreign direct investment in Nigeria also rose to $7.9 billion, reflecting a 25 percent increase from the previous year, making the U.S. one of Nigeria’s top foreign investors.

U.S. and Nigeria Forge Stronger Trade Ties Through New Investment Partnership

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Six killed, others injured, abducted in bandit attack on Tsafe community

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Six killed, others injured, abducted in bandit attack on Tsafe community

By: Zagazola Makama

At least six persons were killed and several others injured when armed bandits attacked Kanbiri village via Kwaren Ganuwa in Tsafe Local Government Area of Zamfara on Thursday afternoon.

Residents said the assailants stormed the community at about 2:50 p.m., shooting sporadically and causing panic among villagers.

“They shot many people. Six were confirmed dead on the spot, while others sustained gunshot injuries,” a local source said.

The attackers were also reported to have abducted an unspecified number of residents and taken them to an unknown destination.

Troops and other responders have since moved into the area to evacuate the corpses for burial and to begin efforts to locate and rescue the abducted victims.

Kanbiri and surrounding communities in Tsafe LGA have experienced repeated attacks in recent months, as bandit groups continue to target rural settlements in Zamfara.

Six killed, others injured, abducted in bandit attack on Tsafe community

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