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AT SIREXE CONFERENCE: Nigeria Canvasses For Transparency In Africa’s Extractive Industries

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AT SIREXE CONFERENCE: Nigeria Canvasses For Transparency In Africa’s Extractive Industries

*** Our strengthened governance institutions will turn resource wealth into national prosperity – VP Shettima

By: Our Reporter

Nigeria has demanded strengthened governance, transparency, and collaboration from leaders and industry players to harness Africa’s resource wealth for sustainable development.

The Nigerian government also reaffirmed its commitment to creating an inclusive extractive industry anchored on the principles of transparency, regional partnerships, and local capacity building.

Vice President Kashim Shettima stated the nation’s position on Wednesday during the inaugural International Exhibition of Extractive and Energy Resources (Salon International des Ressources Extractives et Energétiques – SIREXE) in Abidjan, Côte d’Ivoire.

He noted that effective institutions are the cornerstone of turning natural resources into national prosperity.

The summit with the theme, “Policies and Strategies for the Sustainable Development of the Extractive and Energy Industries,” brought together leaders from across Africa to discuss innovative solutions for resource management and energy security.

According to the Vice President, “this is not just about resources; it’s about people, prosperity, and posterity.

“The strength of our governance institutions will determine whether resource wealth becomes a blessing or a curse. With the right policies, transparency, and accountability, we can ensure that our mineral wealth fuels development rather than division,” he pointed out.

Vice President Shettima noted Nigeria’s leadership in transparency reforms with the creation of the Nigeria Extractive Industries Transparency Initiative (NEITI) in 2004.

“We became the first country in the world to domesticate the Extractive Industries Transparency Initiative because we understood that opacity breeds inefficiency and corruption. Transparency is non-negotiable for building trust and ensuring inclusive benefits for all”.

Senator Shettima also stressed the importance of regional cooperation in addressing shared challenges, saying, “Africa’s energy future is intertwined. The progress of one state ripples across others. Nigeria stands ready to share its lessons and collaborate with ECOWAS partners to build an extractive industry that works for our people.”

The VP described how restructuring the Nigerian National Petroleum Corporation (NNPC) under the Petroleum Industry Act (PIA) 2021 into a commercially-oriented entity has transformed the sector.

“NNPC Limited now operates with agility, transparency, and reduced government interference. This shift is setting a new standard for resource governance in Africa,” he explained.

The Vice President reiterated the critical role of local content development in driving economic growth, just as he he noted: “Through our Local Content Act of 2010, we increased local participation in the oil and gas industry from 5% to nearly 30%.

“The success of projects like the Dangote Refinery, the world’s largest single-train refinery, showcases what is possible when we prioritise indigenous capacity and innovation.”

Acknowledging the challenges posed by vested interests and conflicts in resource-rich regions, Shettima said, “We cannot afford to allow cartels and instability to jeopardize our aspirations. That’s why Nigeria is investing in specialized policing frameworks to secure mining sites and ensure sustainable growth.

“Our continent is home to 40% of the world’s gold, 10% of its oil, and critical minerals like cobalt and lithium. Yet, our potential remains untapped. Let us rise to this moment, not as isolated nations but as a unified region,” he added.

In his remarks, the Vice President of Côte d’Ivoire, Mr. Tremoko Meyliet Kone, expressed his appreciation for the visit of Vice President Shettima and others who came from different countries for the event.

He highlighted the benefits of collaboration among countries and stakeholders in the energy and extractive industries, including cross-breeding of ideas, job creation, and greater maximization of natural resources for the well-being of citizens.

While cautioning against pollution, climate degradation, and associated factors, especially in the mining sector, he said Côte d’Ivoire is doing its best to reduce emissions of environmental pollution.

In his welcoming remarks, the Minister of Mines, Petroleum, and Energy, Mr. Mamadou Sangafowa Coulibaly, extended appreciation to VP Shettima, said the Vice President was the guest of honor at the event, and thanked all participants at the conference.

According to him, “there is a need for collaboration and partnership in the sector to meet the global energy needs of people and for economic development of nations.”

Mr. Coulibaly said the participation of other countries and stakeholders in this first edition of the conference is a sign of cooperation and collaboration to better develop the sector globally.

He said the conference has provided participants an avenue to interact and propose solutions to the challenges and risks involved and how best they can serve the people.

Earlier, the Ambassador of Norway to Côte d’Ivoire, Her Excellency Madam Ingrid Mollestad, said, “The conference was a testament to the nation’s ambition and dedication to enhancing its position as a champion in this industry and to navigate the intricacies and the changing global landscape.”

She noted that the gathering is to partner as nations and professionals to investigate sustainable development in the industry that is essential to the global economy and for collaboration, innovation, and shared values.

AT SIREXE CONFERENCE: Nigeria Canvasses For Transparency In Africa’s Extractive Industries

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Tuggar Congratulates Super Falcons on 10th WAFCON Win, Praises Their Resilience

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Tuggar Congratulates Super Falcons on 10th WAFCON Win, Praises Their Resilience

By: Michael Mike

Minister of Foreign Affairs, Ambassador Yusuf Tuggar has extended heartfelt congratulations to the Super Falcons following their historic 10th triumph at the Women’s Africa Cup of Nations (WAFCON).

In a statement issued shortly after the team’s victory, Tuggar lauded the Falcons for their resilience, discipline, and unyielding spirit, describing them as “true ambassadors of Nigerian excellence on the global stage.”

The Minister said: “The Super Falcons have once again shown what it means to represent Nigeria with pride and purpose. Their determination, unity, and consistency reflect the values we hold dear as a nation.”

He further commended President Bola Tinubu for his steadfast support for sports development in Nigeria, as well as Mr. Shehu Dikko, and the leadership and management of the Nigeria Football Federation (NFF) for their strategic guidance and commitment to excellence in women’s football.

“This victory is the result of purposeful leadership, sound management, and the unshakable spirit of Nigerian athletes. I congratulate President Tinubu, Mr. Shehu Dikko, and the entire NFF family for creating the enabling environment for this triumph,” he added.

Tuggar also noted that the team’s success not only brings immense pride to Nigeria but also serves as an inspiration to young girls across Africa, proving that excellence knows no gender.

He however reaffirmed the Ministry’s commitment to supporting Nigeria’s soft power through sports diplomacy and international representation.

“Their victory is not only a sporting achievement but a diplomatic symbol of Nigeria’s strength, unity, and global presence,” he stated.

Their hard-fought 3–2 victory over Morocco in the final further cements their status as Africa’s most decorated and successful women’s football team.

Tuggar Congratulates Super Falcons on 10th WAFCON Win, Praises Their Resilience

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Teenager butchered in suspected ritual killing in Ogun, one arrested

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Teenager butchered in suspected ritual killing in Ogun, one arrested

By: Zagazola Makama

A 16-year-old boy, Lawal Wahab, has been gruesomely murdered in Igbile area of Ijebu North Local Government Area of Ogun State in what authorities suspect to be a ritual killing.

Zagazola learnt that the boy, who had been declared missing for several days, was confirmed dead after his decomposing body was discovered on July 23 along Old Express Road in Igbile.

His father, Lawal Olumide, of No. 28 Jagerin Street, Ijebu-Ode, said he received the tragic news after efforts to locate his son proved abortive. Wahab had reportedly been staying with his grandmother before he went missing.

Security operatives who visited the scene confirmed that the boy’s corpse was mutilated his head, both wrists, heart, and private parts were removed, in what is believed to be a ritual-related killing.

Following an intensive investigation, one suspect, Salawu Omikansola, aged 25, was arrested in connection with the murder. He was apprehended alongside a man identified as Serefusi Agemo and others whose identities are being withheld to aid the ongoing investigation.

Authorities disclosed that confessional statements were obtained from the suspects, with video evidence recorded. The case file and associated exhibits will be transferred to the State Criminal Investigation Department (SCID), Abeokuta, for further investigation.

Efforts are ongoing to track and apprehend other accomplices in the heinous crime.

Teenager butchered in suspected ritual killing in Ogun, one arrested

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Education Undergoing Revival Under Renewed Hope Agenda — VP Shettima

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Education Undergoing Revival Under Renewed Hope Agenda — VP Shettima

** Receives University of Ibadan Sole Ambassador Plenipotentiary award

By: Our Reporter

Vice President Kashim Shettima has restated the Federal Government’s unwavering resolve to reposition Nigeria’s education sector.

Specifically, he affirmed that the administration of President Bola Ahmed Tinubu will mobilise both public and private sector support to uplift institutions such as the University of Ibadan (UI), Nigeria’s premier university.

This is just as the Vice President has been bestowed with the highest alumni honour of the University of Ibadan, “UI at 75 Ambassador Plenipotentiary.” He obtained a master’s degree (MSc) in Agricultural Economics in 1991 at the University.

Speaking on Thursday during a courtesy visit by the management of the University of Ibadan, led by the Vice Chancellor, Professor Kayode Adebowale, at the Presidential Villa, Abuja, the Vice President described the institution as the greatest citadel of learning in West Africa, recalling its illustrious past and continental impact.

“This is an honour that I cherish deeply. Ibadan is certainly the greatest citadel of learning in this country and in West Africa. When we were there, we had students from South Africa, Namibia, and even the Caribbean.

“There was a time when the King of Saudi Arabia was sick and he was recommended for treatment at the University College Hospital, Ibadan,” the Vice President said.

He pledged the government’s commitment to mobilising both private and public sector resources for educational transformation across the country.

“We are going to mobilise resources from both the private and public sectors to ensure that UI and other universities in the country succeed.”

VP Shettima also highlighted the President Tinubu administration’s education-focused policies, including the Nigerian Education Loan Fund (NELFUND), aimed at supporting indigent students.

“Under the Renewed Hope Agenda of President Bola Ahmed Tinubu, we are determined to rescue the educational sector. The Nigerian Education Loan Fund is the first of its kind, directly addressing the needs of underprivileged students,” he stated.

On the economy, the VP said that Nigeria had turned a corner, expressing confidence in the country’s economic trajectory.

“Our economy has turned the corner, we have crossed the Rubicon, and we are on the path to sustained economic growth. The tax revenue of the government has steadily increased. The President is an economic guru who understands the language of commerce and is completely at home in the economic ecosystem,” he said.

Earlier, Professor Adebowale explained that the award given to the Vice President as UI at 75 Ambassador Plenipotentiary is the first in the university’s history in recognition of his contributions to both the public and private sectors.

“You are a foremost alumnus of the University of Ibadan — the first and the best,” Professor Adebowale said.

He continued: “We honoured some of the alumni as UI at 75 Ambassadors, those who are friends of the university, and we made them Ambassadors Extraordinary. We thought that, for the position you have assumed and being an Alumnus of our university, we exceptionally put you in a class and decided to induct you as UI at 75 Ambassador Plenipotentiary. You will be the only person to be so awarded.

“We came here to honour one of our own; someone who has contributed in the banking sector, as Governor of Borno State, and now as Vice President of Nigeria.”

Other members of the delegation included the Deputy Vice-Chancellor (Administration), Professor Peter Olamakinde Olapegba; Registrar of the University, Mr. Ganiyu Oke Saliu; Director of Alumni Relations, Professor Olakunbi O. Olasope; Lecturer at the Department of Classics, Babatunde Blavo and Mr Oladayo Olajide of the Directorate of Public Communications at the university.

Education Undergoing Revival Under Renewed Hope Agenda — VP Shettima

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