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Tinubu: Businesses in West Africa Cannot Reach Full Potential with Fragmented MarketsCalls for Greater Economic Integration
Tinubu: Businesses in West Africa Cannot Reach Full Potential with Fragmented Markets
Calls for Greater Economic Integration
By: Michael Mike
President Bola Tinubu has called for greater economic integration in West Africa, insisting that the region’s businesses cannot reach their full potential if markets remain fragmented.
The Nigeria’s President while lamenting that West Africa’s intra-regional trade remains a challenge at 10%, noted that this figure can no longer be ignored.
Speaking at the West Africa Economic Summit, Tinubu said, “Intra regional trade remains at 10%, a challenge you can no longer ignore. The low trade is not due to a failure of will, but a failure of coordination.”
The President noted that West Africa is one of the last great frontiers of economic growth, but however added that opportunity alone does not guarantee transformation.
He said: “Opportunities, not just wishful thinking, we must earn it through vision integration, policy coherence, collaboration, and capital alignment.”
The Nigerian President called for collective action, investment in infrastructure, and coordinated policies to drive growth, stating that: “We must together strengthen our regional value chains, invest in infrastructure and coordinate our policies.”
He stated that the region’s greatest asset is its youthful population, but however said this demographic promise can quickly become a liability if not matched by investments in education, digital infrastructure, innovation, and productive enterprise.
He said: “Our prosperity depends on regional supply chains, energy networks and data frameworks. We must design them together, or they will collate separately,” he said.
Tinubu, while citing the examples of joint projects that demonstrate what is possible when West African countries work together, said include the Lagos-Abidjan highway and West African power pool. “We must move from declarations to concrete deals, from policy frameworks to practical implementation,” he urged.
The President also stressed the need for West Africa to become more competitive and resilient, investing in local processing and regional manufacturing to unlock the region’s mineral wealth. He said: “The era of ‘from pit to port’ must end. We must turn our mineral wealth into domestic economic value, jobs, technology, and manufacture.”
He called for actionable outcomes from the summit, including a renewed commitment to ease of doing business, enhanced inter-regional trade, improved infrastructure, and innovative ideas to drive growth and prosperity.
He pleaded that: “Let us build a West Africa that is investable, competitive and resilient, one that lives with vision, responsibility and unity.”
On his part, the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, reiterated the region’s potential for growth and development.
He said: “We’re here today to build on that enabling environment. We’re not reinventing the wheel. As an economic community, West Africa enjoys freedom of movement and a framework to facilitate trade, pool electricity, and integrate transport corridors.”
Tuggar however said West Africa’s economic trajectory is unsustainable, with only 8.6% of the region’s $166 billion exports in 2024 remaining within its borders.
He noted that: “Imports followed the same pattern, heavily tilted toward partners outside the continent. Machinery and manufactured goods from China, India, the United States, and the European Union dominate our import flows while we continue to export and process raw materials.”
Tuggar however called for more efforts to bring the informal sector into the formal economy, leveraging economies of scale and efficiencies to accelerate growth.
He said: “As governments, as states, and the region, we need to do more to make it easy to bring that activity within the formal sector,” he said.
He stressed the importance of local processing and investment in the region. “Bring that investment, bring that local processing, let’s see our transport, economic infrastructure and other building blocks for prosperity grow,” he asked .
Tuggar expressed optimism about the region’s potential, citing its rich natural resources and youthful population. He said: “West Africa can and should be part of this.
He said: “I read a couple of weeks ago in an American newspaper that China had a monopoly on some of the rare minerals vital to the new industry in which the future will be built. Not so. We have those same minerals here in Nigeria and across the region.”
Also speaking, the Minister of Industry, Trade and Investment, Mrs. Jumoke Oduwole said, West Africa is poised to become a formidable economic bloc, capable of attracting capital, scaling industries, and delivering measurable outcomes across borders
The Minister claimed that Nigeria has made bold decisions under President Bola Ahmed Tinubu’s leadership, including exchange rate reforms, removing false subsidies, and aligning the economy to the African Continental Free Trade Area (AFCFTA).
She said: “These reforms are yielding results, with Nigeria’s non-oil exports rising to $1.8 billion in Q1, a 24% increase over the same period last year.”
Oduwole cited several initiatives that demonstrate Nigeria’s commitment to regional integration and shared prosperity.
“Nigeria has reset its AFCFTA provisional schedule of tariff concessions, affirming its readiness to trade under a common African market.
“The country has also been designated as Africa’s co-champion on digital trade, with President Tinubu playing a pivotal role in the sector. Additionally, the National Talent Export Program (NATEP) has been launched, placing over 2,000 young Nigerians in international remote jobs and earning hard currency.”
“Furthermore, a new air cargo trade corridor has been opened with Eastern African countries, enabled with a market intelligence toolkit for their products, in collaboration with Uganda Air and UNDP.”
She also announced a landmark public-private partnership, the National Export Trading Company, aimed at aggregating, financing, and enabling exports of Nigerian commodities efficiently and competitively.
This initiative will create a pathway for farmers and MSMEs to access formal regional and global markets.
“The West Africa Economic Summit’s deal room showcased nearly $1 billion in live transactions, with over $400 million worth of transactions advancing into investor discussions.”
Oduwole commended the Minister of Foreign Affairs and his team for delivering a world-class summit, saying, “West Africa is open for business. The world is watching and is here with us. Let this summit be a prosperous turning point for us all.”
Tinubu: Businesses in West Africa Cannot Reach Full Potential with Fragmented Markets
Calls for Greater Economic Integration
News
Democracy Day: Zulum gives 2 MRAPs, other logistics to Army, celebrates with IDPs
Democracy Day: Zulum gives 2 MRAPs, other logistics to Army, celebrates with IDPs
By: Michael Mike
Borno State Governor, Babagana Umara Zulum, marked Democracy Day with the handover of two Mine-Resistant Ambush Protected (MRAP) vehicles and critical logistics to the Nigerian Army, after joining internally displaced persons (IDPs) for a symbolic celebration and distribution of food items to 2,500 beneficiaries.
The armoured MRAPs delivered to the Theatre Command of Operation Hadin Kai on Friday are intended to enhance troop protection against improvised explosive devices (IEDs) and ambushes which remain a persistent threat in the fight against insurgents. Additional logistics include operational Hilux vehicles and motorcycles for frontline soldiers in difficult terrains.
Zulum also marked Nigeria’s Democracy Day celebration with Internally Displaced Persons (IDPs) at the Madinatu camp where he distributed food supplies, non-food items, and cash gifts to thousands of beneficiaries.
The distribution, held at the Madinatu IDP camp, served to consolidate Zulum’s resettlement gains. Over the past seven years, Borno State Government has successfully resettled more than 2 million IDPs in their ancestral communities in a dignified and voluntary manner.
“It gladdens my heart today, the 12th of June, 2026, to celebrate June 12th, Democracy Day, here in Madinatu Camp, the only formal camp that is standing inside Maiduguri Metropolitan Council, today, to the glory of God and the benefit of mankind, for the distribution of food and non-food items. Inshallah, this camp will be closed this year. This will be our last distribution exercise in this camp, or the second to the last,” Zulum said.
However, Governor Zulum used the occasion to announce a timeline for the camp’s closure. The governor ordered that Madinatu camp be shut down within one month, vowing to similarly close most IDP camps across various Local Government Areas in the coming phase of his administration’s resettlement strategy.
“Democracy must translate into restoring the dignity of our people,” Zulum told the IDPs. “Living in camps is not a permanent solution. Our goal remains to return every displaced person to their ancestral homes with security and means of livelihood.”
In addition to the food items, Zulum approved N50,000 each for the 2,500 beneficiaries present at the event.
“Each of the 500 beneficiaries mentioned will receive a 25kg bag of rice and a 25kg bag of sorghum. Women will receive wrappers. I also promise to provide 50,000 naira to each beneficiary. This amount can be credited into their own individual accounts, inshallah,” Zulum said.
The exercise was attended by the APC’s State Deputy Chairman, Garba Mulima, APC State Vice Chairman (Central) Abdur Rahman Abdulkarim, Acting Chief of Staff, Dr Babagana Mallumbe, Member representing Jere at the State Assembly, Abba Kyari Kolo, commissioners and commissioner designates and several other senior government officials.
Democracy Day: Zulum gives 2 MRAPs, other logistics to Army, celebrates with IDPs
News
Gov. Yusuf Commends DSS Over Arrest of Suspected Gun Courier in Kano
Gov. Yusuf Commends DSS Over Arrest of Suspected Gun Courier in Kano
By: Michael Mike
Kano State Governor, Abba Kabir Yusuf, has commended the Department of State Services (DSS) for the arrest of a suspected gun courier intercepted while allegedly transporting weapons believed to be destined for criminal elements in Katsina State.
The commendation was contained in a statement issued by the Governor’s spokesperson, Sunusi Bature Dawakin Tofa, on Thursday, June 12, 2026.

Governor Yusuf described the operation as a major breakthrough in the ongoing fight against banditry, terrorism and other violent crimes threatening communities across Northern Nigeria.
According to information provided by the DSS, the suspect, identified as Muhammad Abubakar, 30, was apprehended in Gezawa Local Government Area of Kano State while allegedly transporting four rocket-propelled grenade (RPG) tubes, three AK-47 rifles and two empty magazines to Funtua in Katsina State.
Preliminary investigations reportedly revealed that the suspect collected the weapons from an individual identified as Bello in the Maigatari border area of Jigawa State and was expected to receive N450,000 upon successful delivery of the arms.
Governor Yusuf praised the professionalism, vigilance and intelligence-driven approach of DSS operatives, noting that the timely interception prevented the weapons from falling into the hands of bandits and other criminal groups.
He said the operation underscored the critical role of intelligence gathering and effective collaboration among security agencies in tackling emerging security threats across the country.
The governor reaffirmed the commitment of the Kano State Government to supporting security agencies through sustained cooperation, logistics assistance and policies aimed at strengthening public safety throughout the state.
He also urged residents to remain vigilant and continue providing credible information to security agencies to aid efforts to combat crime and maintain peace.
Governor Yusuf expressed confidence that ongoing investigations would lead to the arrest and prosecution of all individuals connected to the alleged arms trafficking network.
The statement was signed by Sunusi Bature Dawakin Tofa, Director General, Media and Publicity, Government House, Kano.
Gov. Yusuf Commends DSS Over Arrest of Suspected Gun Courier in Kano
News
June 12: Credible Elections Are a Fundamental Human Right, Not a Privilege – NHRC
June 12: Credible Elections Are a Fundamental Human Right, Not a Privilege – NHRC
By: Michael Mike
As Nigeria marks Democracy Day, the Executive Secretary of the National Human Rights Commission, Chief Tony Ojukwu (OFR, SAN), has declared that credible elections are a fundamental human right that must be guaranteed to every citizen, rather than a privilege granted by those in power.
In a statement commemorating the significance of June 12, Ojukwu said the annulled 1993 presidential election remains the strongest evidence that Nigeria is capable of conducting free, fair, and transparent elections when democratic institutions respect the will of the people.
According to him, the electoral framework introduced by Humphrey Nwosu, particularly the Option A4 and Modified Open Ballot systems, demonstrated that electoral credibility is achievable when election management bodies operate with integrity, transparency, and strict adherence to the law.
The NHRC boss emphasized that the right of citizens to participate in governance through genuine elections is guaranteed under Nigeria’s Constitution and regional human rights instruments, stressing that electoral misconduct amounts to a direct assault on fundamental freedoms.
He noted that practices such as voter suppression, vote buying, electoral violence, and manipulation of election results should not be viewed merely as administrative shortcomings but as serious violations of civil and political rights.
Ojukwu expressed concern that more than three decades after the June 12 election, many of the challenges that undermine electoral credibility continue to persist, weakening public confidence in democratic institutions and diminishing citizens’ faith in the electoral process.
“Whenever elections lose their integrity, the rights to freedom of expression, association, participation, and peaceful assembly are also placed at risk,” he said.
The human rights advocate called on the Independent National Electoral Commission (INEC), political parties, security agencies, the judiciary, civil society organizations, and the media to remain committed to neutrality, transparency, and accountability in the conduct of elections.
He assured Nigerians that the Commission would intensify its monitoring of electoral processes across the country, document violations, and pursue appropriate remedies for victims in line with its statutory mandate.
Ojukwu also urged the National Assembly to strengthen legal safeguards that protect the independence of electoral institutions and improve citizens’ access to electoral justice.
He maintained that institutionalizing electoral integrity remains critical to deepening democracy and safeguarding the right of every Nigerian to freely choose their leaders, adding that the NHRC is prepared to collaborate with government and other stakeholders to ensure that credible elections become a permanent feature of the nation’s democratic culture.
The statement, signed by Director of Corporate Affairs and External Linkages, Fatimah Agwai Mohammed, underscored the Commission’s commitment to advancing democratic governance through the protection and promotion of electoral rights.
June 12: Credible Elections Are a Fundamental Human Right, Not a Privilege – NHRC
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