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Nigeria, Benin Fine-Tune Framework for Economic Cooperation

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Nigeria, Benin Fine-Tune Framework for Economic Cooperation

By: Michael Mike

Nigeria and the Republic of Benin have commenced the process of operationalizing the economic cooperation agreement they signed during the recently held West Africa Economic Summit (WAES).

Both countries had at the maiden regional economic summit in June 2025, in Abuja, signed the memorandum of understanding.

At a two-day meeting of officials of both countries to work out the framework for the implementation of the economic cooperation agreement held August 1-2, in Cotonou, Republic of Benin, Nigeria’s Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, said the move was in line with the objectives of the Economic Community of West African States (ECOWAS).

The Minister praised President Bola Ahmed Tinubu for his foresight in conceptualizing the summit as catalyst for the economic growth of the region.

She described the bilateral engagement as timely emphasizing that the two countries were bound not only by geography, but by centuries of shared history, familial ties, culture, commerce and vibrant commercial activity.

The Minister on behalf of the Government and people of Nigeria, also congratulated the Republic of Benin on her 65th Independence anniversary noting that it was fitting the important dialogue took place at a moment of national pride and reflection for the country.

She stated that over the years, the bilateral relations between the two West African neighbours had grown from informal interactions to a structured, strategic partnership, but not without challenges—ranging from trafficking and smuggling to wider trans-border crimes.

She noted that both countries had always found solutions whenever they came together with sincerity and determination.

“Our shared successes affirm a truth we must never lose sight of: that cooperation, not conflict; dialogue, not suspicion, remain our best tools for overcoming obstacles,” the Minister said.

Odumegwu-Ojukwu declared that the visit of the Nigerian delegation was not merely a technical conversation but a symbolic and political commitment.

According to the Minister, it was a commitment to Nigerian people and to the ideals of economic development, peace, and stability.

Therefore, both countries must be driven by a shared vision and mutual trust as they seek to build a resilient and sustainable trade corridor between their nations.

She added that: “The frequency and depth of our engagements at the highest political levels underscore the strategic nature of our relationship. The recent efforts of Presidents Bola Ahmed Tinubu and Patrice Talon to recalibrate our bilateral cooperation, particularly in the areas of trade and border management, demonstrate a shared political will to resolve longstanding issues and usher in a new era of mutual prosperity. Both Presidents have shown remarkable leadership in guiding this partnership forward. Their engagements, particularly at the West Africa Economic Summit have reaffirmed the mutual desire to build a future anchored in trade, security, and economic transformation. You would recall the words of President Bola Ahmed Tinubu who at the Summit said, “Nigeria and Benin are more than twins. We are the same people. Let us show the region that integration is possible.” I can boldly affirm that the discussions we’ve had from the 31st of July are an extension of that statement and vision.

“The bilateral meetings held in the course of this visit and the ones we will continue to have, offer yet another opportunity for us to deepen our dialogue and build on the gains made through various mechanisms; be it the Trade Facilitation Committee, the Joint Customs Working Groups, or the recent strides made in cross-border trade harmonization. We must seize this momentum to find practical and forward-looking solutions to the challenges that continue to constrain our trade and economic cooperation.

“It is important that we work together to ensure that policies and procedures on both sides of the border promote legitimate trade, encourage investment, and empower our business communities. Let us continue to align our customs and transit frameworks, streamline bottlenecks, and reinforce our joint commitment to regional integration under ECOWAS and the African Continental Free Trade Area (AfCFTA).

On her part, Nigeria’s Minister of Industry, Trade and Investment, Jumoke Oduwole, who presented the resolutions at the meeting noted that the economic cooperation would cover four thematic areas including trading services and private sector engagements, market access, customs procedures and trade facilitation, transport infrastructure and storage. Technical working groups are expected to deliberate of these areas and submit reports in Abuja in the coming weeks.

Minister of Foreign Affairs of the Republic of Benin, Mr. Olushegun Adjadi Bakari, said his country was committed to sustaining excellent mutually beneficial relations with Nigeria.

The Minister of Industry and Trade of the Republic of Benin, Mrs. Shadiya Alimatou Assouman, the Director General of Customs, the Comptroller General of Nigeria Customs Service, Adewale Adeniyi, Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Amb. Nura Abba Rimi, the Director, Africa Affairs Department in Nigeria’s Ministry of Foreign Affairs, Amb. Regina Ocheni, Director, Office of the Minister of State for Foreign Affairs, Amb. Innocent Iwejuo and members of the technical committee as well as members of both delegations, participated in the meetings.

Nigeria, Benin Fine-Tune Framework for Economic Cooperation

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Concerns Rise Over Security and Governance In Benue State

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Concerns Rise Over Security and Governance In Benue State

By: Michael Mike

The Center for Democracy and Human Rights (CEDEHUR) has expressed deep concern over the worsening security and administrative situation in Benue State under Governor Hyacinth Alia.

In a press statement read by Comrade Adebayo Lion Ogory in Abuja, CEDEHUR highlighted a series of violent incidents affecting communities across the state, particularly in Turan (Kwande LGA), Logo, Gwer West, and Agatu.

The group noted that attacks by armed herdsmen have resulted in deaths, displacement, and disruption of farming activities, a vital component of the state’s economy.

The organization also raised concerns over alleged administrative failures and financial mismanagement in several state agencies, including the State Universal Basic Education Board (SUBEB), Bureau for Quality Assurance and Examination Board, Benue Investment and Property Company (BIPC), and the Bureau of Solid Minerals.

CEDEHUR cited reports of irregular contract awards, diversion of funds, and overall institutional inefficiency.

Further, the group reported ongoing illegal mining activities in protected areas involving foreign operators, claiming that the state government had failed to intervene. Last weekend, two young men were reportedly killed in Turan following mining activities in the area.

CEDEHUR also expressed concern over directives allegedly issued by Governor Alia restricting public gatherings without official approval, warning that such measures could undermine civil liberties.

They called for clarity from APC National Chairman Prof. Nentawe Yilwatda regarding the party’s role in these directives.

The organization urged federal authorities, including the Department of State Services (DSS), the Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices Commission (ICPC), and the Nigeria Police, to investigate allegations of financial mismanagement, human rights violations, and security breaches in the state.

CEDEHUR further appealed to President Bola Ahmed Tinubu to convene a meeting with Benue stakeholders to address the escalating crisis and called for the immediate halt of illegal mining operations and political thuggery across the state.

The group warned that without swift intervention, insecurity and governance challenges in Benue could escalate, threatening lives, livelihoods, and public confidence in the state government.

Concerns Rise Over Security and Governance In Benue State

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Agribusiness Conglomerate Targets Over 6,000 Jobs With Multi-million Dollar Investments In Nigeria

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Agribusiness Conglomerate Targets Over 6,000 Jobs With Multi-million Dollar Investments In Nigeria

As VP Shettima hails decision, assures security of investments

By: Our Reporter

The Vice President, Senator Kashim Shettima, has hailed the multi-million-dollar investment portfolio by African agribusiness conglomerate, Export Trading Group (ETG), in Nigeria, assuring that ongoing reforms by the administration of President Bola Ahmed Tinubu will guarantee the company’s investments.

According to him, the company’s interests across agro-logistics, fertilizer systems, seed production and industrial processing, among others, is commendable and fully aligns with the Renewed Hope Agenda of President Tinubu.

Senator Shettima stated this on Thursday when he received, on a courtesy visit to the Presidential Villa, a delegation from the ETG led by its Global Chief Operating Officer, Mr Niren Murugan.

“You have been in the country since 2010, but this time around, you have decided to play a more active role in Nigeria’s agricultural value chain. This is where the action is. We have the population and abundance of resources for your investments to thrive.

“All your investment decisions are wonderful. I am particularly thrilled by your interventions especially in seed development, oil processing, fertilizer blending, and agricultural extension services, among others. I commend the efforts of your team in Nigeria in the selection of locations for the proposed Centres of Excellence,” he stated.

The Vice President urged the company to explore the abundant opportunities across the country to expand its stakes in the country’s agricultural value chain, particularly in boosting food production.

Earlier, ETG’s Global COO, Murugan, said his visit was to inform the VP of the company’s investment portfolio in Nigeria, seek high-level alignment, secure government guidance and accelerate coordination with stakeholders in the public sectors across all levels.

He announced the take-off of the company’s expanded multi-million-dollar oil processing facility in Sagamu Ogun State by the second quarter of 2026, disclosing proposed investment pipelines in fertilizer blending, seed production and integrated agro-logistics, among others.

The COO also disclosed a collaboration to establish Centres of Agro-Excellence in seven states of Kaduna, Ebonyi, Cross River, Ekiti, Jigawa, Nasarawa and Borno to serve as regional hubs for the provision of inputs, mechanisation, storage, and primary processing, among others.

On his part, Cross River State Governor, Senator Bassey Otu, expressed the state’s readiness to collaborate with the conglomerate to harness the vast agricultural potentials of the state.

He said the state government has, on its part, carried sweeping reforms aimed at not only boosting agricultural productivity, but in building a sub-national economy that serves the rest of the country and gives the state an edge in revenue generation and food production.

Governor Otu also spoke about the state government’s vision to attract investments in port facilities, particularly the Bakassi Deep Seaport and Calabar Port projects.

“We can match your vision end-to-end. We have the land, the mineral resources and the enabling environment to make it happen,” the Governor assured the company.

Also present at the event were the company’s Business Manager in Nigeria, Mr Ogu Goodluck; ETG’s Senior Business Development Manager, Mr Bharat Shinde, and the company’s CFO, Amin Ahmad.

Agribusiness Conglomerate Targets Over 6,000 Jobs With Multi-million Dollar Investments In Nigeria

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Nigerian Engineering Olympiad Launched to Strengthen Global Engineering Competitiveness

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Nigerian Engineering Olympiad Launched to Strengthen Global Engineering Competitiveness

By: Michael Mike

The Nigerian Society of Engineers (NSE) has expressed commitment to bolstering engineering education in the country through linking academia with industry sector to bring about meaningful growth in Nigeria.

Nigeria while announcing a bold step toward strengthening its global engineering competitiveness with the launch of the maiden Nigerian Engineering Olympiad (NEO), an initiative the Nigerian Society of Engineers (NSE), expressed willingness to transform university inventions into market-ready technologies capable of advancing national development.

Speaking during inauguration of the maiden Nigerian Engineering Olympiad (NEO), a national programme designed to identify, nurture, and commercialise engineering talent across tertiary institutions, the President of NSE, Margaret Oguntala, disclosed that the Olympiad aims at tackling pressing needs in infrastructure, manufacturing, energy transition, sustainability, and digital technology, as ultimate goal to produce a generation of job creating engineers, problem solvers, and globally competitive innovators.

The Nigerian Engineering Olympiad was organised by Enactus Nigeria in partnership with NSE, Nigerian Content Development and Monitoring Board (NCDMB), Renaissance Africa Energy Company (RAEC), and the First Exploration and Petroleum Development Company (FIRST E&P).

Oguntala said, “As the foremost Engineering professional body, NSE believes that the addition of new ideas is critical for professional development and community impact.

“Every great invention in history began with an idea. All the transformations humanity has seen from the steam engine, to towering skyscrapers, electricity, internet, and artificial intelligence started as ideas acted upon.

“Ideas do shape the world. The power of ideas in transforming societies cannot be overemphasised; indeed, great nations have stood on the shoulders of men and women of ideas to advance growth and development.

“Nigeria is brimming with such creative minds in our universities. In our quest to turn technological development as a nation, NEO offers dynamic platform for students to unleash innovative capacity, as collective effort to create environment where ideation can truly thrive.”

Oguntala, also Chairman-in-Council of the NSE, stressed the need for stakeholders from across government agencies, academia, industry leaders and media to prioritise NEO.

According to her, the Olympiad creates a structured pipeline—regional contests, prototype bootcamps, iterative design, product validation, intellectual property support and a national finale in April 2026—designed to take ideas from concept to commercialization.

She described the Olympiad as “a national innovation incubator” that will provide mentorship, seed funding and technical guidance to the top teams.

Oguntala also highlighted NSE’s recent $17.4 million partnership with MIDAS IT of India to supply advanced engineering design software to 15 universities, a step she said would “strengthen academic excellence and prepare young engineers for global competitiveness.”

She reiterated that the Olympiad reflects Nigeria’s determination to elevate its technological capacity and compete on a global scale.

She said: “Today, we ignite a spark that will light the way for Nigeria’s engineering future. The innovations born from this Olympiad could become the solutions that drive our industries, improve our infrastructure and uplift our communities.”

In a remark, Executive-Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Omatsola Ogbe commended Olympiad for aligning with the Federal Government’s policy drive for indigenous innovation and industrial competitiveness.

Ogbe, represented by Director Capacity Building of NCDMB, Abayomi Bamidele explained ongoing capacity building programmes in petroleum engineering, robotics, digital technology, and advanced technical disciplines efforts would help to reinforce the Olympiad’s talent pipeline.

He disclosed that industry surveys showed not less than 79 per cent of engineering graduates lacked practical and hands-on competencies aligned with global standards a challenge NCDMB says must be addressed urgently.

According to him, engineering skills deficit contributed to shortage of competent local engineers, heavy reliance on expatriates, and increasing brain drain

“Nigeria has a population exceeding 237 million people, nearly half of West Africa, yet only about 5 per cent of our engineering graduates are industry ready at graduation.

“This Olympiad provides a structured pathway to identify and support young innovators who can design solutions for our national challenges,” he said.

For his part, Enactus Nigeria’s Country Director, Michael Ajayi, said that national-scale impact can only come from strong collaboration across government, private sector, and civil society.

Ajayi said: “This partnership proves that when we combine policy support, private-sector systems, and nonprofit expertise, we can deliver transformational impact not just for individuals, but for entire industries.

“Olympiad’s objectives include encouraging students to apply classroom knowledge to real-life problem-solving and enabling them to build engineering-driven businesses that generate jobs and wealth.”

He disclosed that the Olympiad was designed to run a seven-month cycle and will feature regional contests, intensive mentorship, prototype development, and a national grand finale scheduled to hold in April 2026.

First E&P’s General Manager for Integrated Gas Development, Yetunde Taiwo, said the company’s involvement stems from a commitment to innovation and talent development.

She said: “Our core values are around fostering talent, innovation and entrepreneurship. Some of the perennial challenges we see in the industry can actually be solved by these very bright young minds.”

She added that engaging students early with real industry problems could help reduce brain drain by creating clear pathways into the workforce.

Representing Renaissance Africa Energy Company, Nigerian content manager Olanrewaju Olawunyi said their support reflects a longstanding commitment to developing human capital.

“We are made in Nigeria, we’re built for Africa. We invest in people. People are our biggest resource.”

He noted that Renaissance funds STEM education from primary to tertiary levels and runs fully funded scholarships—including sending candidates from the Niger Delta overseas for postgraduate studies.

“This is not just a flash. All our programs are annual and fully funded, and we also pay students during internships.”

On behalf of the Minister of Youth Development, Technical Adviser Ebiho Agun said the Olympiad aligns fully with government priorities and the nation’s long-term workforce needs.

“It provides young minds with the opportunity to stretch their imagination, deepen technical abilities, and demonstrate excellence on a national and international stage,” he said.

He described the initiative as “a catalyst for mentorship, discovery and long-term career development,” urging participants to seize the opportunity: “You are the heartbeat of Nigeria’s future. remain steadfast in your pursuit of excellence.”

Nigerian Engineering Olympiad Launched to Strengthen Global Engineering Competitiveness

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