National News
AfDB Seeks $42 billion to Bridge Financing Gap Hindering African Women Enterprises
AfDB Seeks $42 billion to Bridge Financing Gap Hindering African Women Enterprises
By: Michael Mike
The African Development Bank (ADB) has said it is presently seeking $42 billion to bridge the current financing gap hindering women-owned and women-led enterprises across the Africa continent.
The Director General, Nigerian Country Department of the bank, Dr Abdul Kamara made the disclosure on Tuesday in Abuja
at the High-Level Dialogue on Investment in Gender Equality and Ending Violence Against Women for Rights and Development organised by United Nations Women in partnership with ADB.
The event is part of the global “16 Days of Activism against Gender-Based Violence” campaign, which runs from November 25 (International Day for the Elimination of Violence against Women) to December 10th (Human Rights Day).
It brought together key stakeholders to address the pressing issue of gender-based violence in Nigeria, where women and girls continue to face various forms of discrimination and violence.
Kamara said the bank has a very clear stance on Gender Based Violence (GBV), stating that in 2024, ADB celebrated 25 years of gender mainstreaming in all its operations geared towards evidence based reduction in gender gaps and more importantly, in accelerating gender equality.
He said: “One area where the bank has made very visible impact in the economic empowerment in the last seven years is increasing access to finance through a special initiative called AFAWA which is an acronym for Affirmative Finance Action for Women in Africa.
“In the context of this Pan African Initiative, the African Development Bank seeks to bridge the financing gap of $42 billion currently hindering women-owned and women-led enterprises across the continent and I am glad to report that we disbursed over a billion dollars of this across Africa, seeking to increase access to finance for women.
“This is just one among many initiatives of the bank that are responding directly to the problem gender equality. In Nigeria, all our programmes and projects are gender mapped and have gender experts working with the government to design actions that will bridge gender gaps, looking to access to financing for women, access to market, access skills but most importantly access to jobs and incomes.
“Just last month, we approve here in the bank, $100 million in the programme called Youth Entrepreneurship Investment Bank for Nigeria. This is a non deposit bank, it is an access to finance. This operation will improve gender responsive, youth entrepreneurship and enterprise development by boosting financial services to foster a thriving entrepreneurial ecosystem and affirmative action for jobs focusing on women,” he said.
In his remarks, Minister of Budget and National Planning, Sen. Atiku Bagudu said GBV was a growing concern that required immediate attention and collective action, noting that despite progress made toward dealing with violence, women and girls continue to face violence, discrimination and marginalisation.
Bagudu, who was represented by Permanent Secretary in the ministry, Dr Vitalis Obi, said empowering women was crucial to breaking this cycle of violence and that can be done by creating and promoting gender responsive policies as well as practices.
He said: “We must take decisive action to prevent and protect our women from all forms of violence and to create a society where everyone feels safe irrespective of their gender. One of the ways by which we can bridge this persistent gap is by institutionalising gender responsive budgeting in all sectors of the economy.
“Gender responsive budgeting is the strategic approach that integrates gender perspectives into the entire budget cycle. Allocate adequate resources to the programmes that will address GBV, women empowerment and education,” he said.
On her part, the Chairperson, Nigerian Governors’ Spouses Forum, Prof. Olufolake Abdul-Razaq, said they remained steadfast in advocating gender responsive budgeting across the 36 states and FCT, spending institutional framework that integrate gender perspectives and championing initiatives to protect women rights.
The Kwara State First Lady said the forum was firmly committed to ensuring that all gender laws become a cornerstone of governance at the sub-national levels, adding that the well-being of women and girls remained a pivotal indicator of how well any nation was faring in driving her developmental plan.
“It is time to address the structural barriers that perpetrate inequality for women and girls to reach their full potentials. This is my believe and it is not only an act of justice but a strategic investment in resilience and productivity of our nation as this no doubt stands as a veritable gift to commemorate the 2024 16 days of activism against GBV.
“The Nigerian Governors Spouses Forum really made an effort in the last couple of years…We are also working to get women into leadership because we believe that when women are in leadership position they will help us to sustain this drive of bringing developments to women,” she added.
In her opening remarks, the UN Women Country Representative to Nigeria and ECOWAS, Beatrice Eyong, said GBV was not just a human rights issue but also an economic issue a statistics showed that the menace was costing the Nigerian government 1.5% of its Gross Domestic Product.
“We are talking in terms of billions of dollars that the country is losing every year because of Gender Based Violence. So Gender Based Violence is linked to the achievement of Sustainable Development Goals. So if we do nothing, we will not get out of poverty and we will not get sustainable development.
“The World Economic Forum estimated in its global gender gaps report of 2022 that it will take about 132 years for the world to achieve gender equality. What does this mean for Nigeria? At this space, some of us, including our daughters might not experience gender equality in their time.
“This is therefore a call to collective actions by all international organisations, government agencies, community stakeholders and even the private sector to address the under-representation of women and barriers to gender equality,” she noted.
The UN Resident Coordinator in Nigeria Mohammed Fall, on his part said: “Gender inequality and violence against women remain among the greatest challenges to sustainable development, not just in Nigeria but globally. These issues incur heavy costs—socially, economically, and individually—limiting our collective potential for progress.”
He added that: “Violence and harmful practices against women and girls happen every day in Nigeria, and most of the time they are not reported. The Nigerian Demographic and Health Survey in 2018 found that 9 percent of women aged 15 to 49 had suffered sexual assault at least once in their lifetime and 31% had experienced physical violence. Restrictions and implications from the COVID-19 pandemic exacerbated the gender-based violence (GBV) in the nation.”
He said: “The United Nations remains steadfast in its support for Nigeria’s journey towards creating an inclusive society where every woman and girl can thrive. We are committed to coordinating partnerships, providing technical expertise, and facilitating dialogues to ensure measurable impacts in Nigeria.”
AfDB Seeks $42 billion to Bridge Financing Gap Hindering African Women Enterprises
National News
China Hands Over Landmark ECOWAS Headquarters in Abuja, as Leaders Call for Stronger West African Unity
China Hands Over Landmark ECOWAS Headquarters in Abuja, as Leaders Call for Stronger West African Unity
By: Michael Mike
The Government of China on Tuesday officially handed over the newly constructed headquarters complex of the Economic Community of West African States in Abuja, in a ceremony marked by strong appeals for unity, deeper integration, and renewed commitment to regional cooperation across West Africa.
The event brought together senior government officials, diplomats, and regional leaders, with speakers consistently framing the project as more than infrastructure—describing it as a strategic symbol of partnership, vision, and collective ambition for the sub-region.
President of the ECOWAS Commission, Omar Alieu Touray, described the occasion as a historic milestone, noting that it coincides with the bloc’s 50th anniversary.
“Today marks an important day for ECOWAS and we should all be glad to be witnesses to this momentous occasion marking the official handover of the New ECOWAS Headquarters Complex to the Commission,” he said, adding that the development comes at an opportune time in the organisation’s integration journey.

Touray clarified that the ceremony represents the completion and handover of the building, while the formal inauguration will take place later in the year. The commissioning is expected to be led by Sierra Leone’s President, Julius Maada Bio, in his capacity as Chairman of the ECOWAS Authority, alongside Nigeria’s President, Bola Ahmed Tinubu, and other heads of state.
Reflecting on the project’s origins, he recalled that the groundbreaking took place in October 2023 with funding support from China amounting to approximately $56.57 million.

“As you may recall, back in October 2023, we convened here for the groundbreaking ceremony of this complex… Today, two years after that initiation, we are gathered for the handover ceremony of this remarkable building,” he said.
Touray commended the speed and quality of delivery, noting: “Considering the time usually taken to complete infrastructure projects of this magnitude and complexity, the completion of this ECOWAS Headquarters Complex within two years is highly commendable and we should all applaud our Chinese brothers and sisters.”
He also extended appreciation to Chinese President Xi Jinping, represented by Ambassador Yu Dunhai, for what he described as a generous contribution to regional development, while acknowledging China’s broader support for ECOWAS peace and security operations, including assistance to the ECOWAS Standby Force.
Touray further thanked Nigerian authorities, including the FCT Minister Nyesom Wike, for their support in facilitating the successful execution of the project.
Chinese Ambassador Yu Dunhai, in his remarks, described the headquarters as a flagship project and a symbol of enduring China-Africa cooperation.
“This headquarter building stands as a milestone—it is China’s flagship aid project for ECOWAS and another headquarters for an international organization,” he said, comparing it to other major Chinese-supported institutional projects on the continent.
Affectionately called the “Eye of West Africa,” the ambassador said the structure was completed after “more than 1,200 days and nights of meticulous craftsmanship,” blending Chinese engineering expertise with West African cultural identity.
“The building harmonizes the excellence of Chinese architectural technique with the unique culture of West Africa,” he said, adding that it will strengthen ECOWAS’ operational capacity and serve as a platform for regional development.
Yu also situated the project within broader diplomatic context, noting that this year marks 70 years of China-Africa relations. He said China continues to support African modernization through initiatives such as the “Ten Partnership Actions,” expanded South-South cooperation frameworks, and zero-tariff access for African exports.
“We remain committed to a demand-driven approach that respects African autonomy and sovereignty, translating our support into tangible actions for Africa’s revitalization,” he said.
He reaffirmed China’s support for ECOWAS and praised its role in regional peace and integration, while also acknowledging Nigeria’s leadership in the partnership.
For Nigeria, the host nation, the project carries deep symbolic weight.
Minister of the Federal Capital Territory, Nyesom Wike, said the occasion represented far more than a physical handover.

“Today is not just about the handover of a building. Today marks the handover of a vision. A vision of partnership. A vision of regional solidarity. A vision of a West Africa that is prepared to build the institutions that will carry its future,” he said.
Wike described the headquarters as “more than concrete, steel, and glass,” calling it “a statement that cooperation still matters” and proof that diplomacy can still deliver tangible results.
He emphasized Abuja’s status as a diplomatic hub, noting: “Abuja is not only the seat of government; Abuja is the diplomatic capital of this nation, a meeting point of nations.”
He added: “Great institutions deserve worthy homes,” describing ECOWAS as a key expression of regional identity and hope.
Minister of State for Foreign Affairs, Bianca Odumegwu-Ojukwu, also framed the handover as a historic and symbolic moment.
“It is with profound honour and a deep sense of history that I stand before you today,” she said, describing the event as more than the commissioning of a building, but “the consolidation of a vision, a reaffirmation of unity, and a renewed commitment to peace and sustainable development.”
She highlighted ECOWAS’ role since 1975 in conflict prevention, peacekeeping, economic integration, and governance, stressing that the new headquarters would enhance institutional efficiency and coordination.
“This new Headquarters therefore symbolizes more than administrative convenience. It is a strategic asset that will enhance institutional effectiveness… and reinforce the capacity of the Commission to respond to emerging regional and global challenges,” she said.
Odumegwu-Ojukwu praised President Tinubu’s leadership in advancing regional integration and commended China for what she called a “remarkable gesture of goodwill,” adding that the project reflects “mutual respect, shared prosperity, and South-South cooperation.”
She also issued a strong call to member states:
“At a time when our region is confronted with complex challenges… our unity is not optional, it is imperative. We must continue to act in concert, speak with one voice.”
Across all speeches, a consistent message emerged: while the new headquarters represents a major infrastructural achievement, its true value will depend on the political unity and collective resolve of West African states.
As the ceremony concluded, leaders underscored that the building is not an end in itself, but a platform for the next phase of regional integration—one defined not by construction, but by cooperation.
China Hands Over Landmark ECOWAS Headquarters in Abuja, as Leaders Call for Stronger West African Unity
National News
NDLEA, Customs Forge Alliance to Tackle Drug Trafficking
NDLEA, Customs Forge Alliance to Tackle Drug Trafficking
By: Michael Mike
The National Drug Law Enforcement Agency (NDLEA) and the Nigeria Customs Service (NCS) have formalized a strategic partnership aimed at strengthening border security and combating drug trafficking across Nigeria.
The agreement was reached during a high-level meeting at the NDLEA headquarters in Abuja on Monday, where a joint communiqué was signed by NDLEA Chairman, Buba Marwa, and the Comptroller-General of Customs, Bashir Adewale Adeniyi.

Both agencies acknowledged the growing sophistication of transnational organized crime, stressing that a coordinated institutional response is essential to effectively disrupt illicit drug networks.
Under the new framework, NDLEA and Customs will enhance intelligence sharing through a secure and structured platform designed to enable early detection and prevention of criminal activities. The collaboration will also see the deployment of joint task forces at key operational points, including seaports, airports, and land borders.
The agreement further seeks to eliminate operational overlaps and reduce inter-agency friction by clearly defining roles and respecting each agency’s legal mandate. A Standing Inter-Agency Committee will also be established to promptly address disputes and ensure smooth coordination.
Speaking on the development, both Marwa and Adeniyi emphasized that the partnership represents a critical step toward strengthening Nigeria’s security architecture while maintaining the efficiency of legitimate trade operations.

They reiterated their commitment to professionalism, mutual respect, and national interest, noting that aligning the capabilities of both agencies would create a more effective barrier against the trafficking of illicit substances.
The collaboration is expected to significantly boost enforcement efficiency at Nigeria’s entry and exit points, reinforcing ongoing efforts to curb drug-related crimes and safeguard public safety.
NDLEA, Customs Forge Alliance to Tackle Drug Trafficking
National News
From Ports to Food: How Partnership with China is Driving Nigeria’s Economic Transformation
From Ports to Food: How Partnership with China is Driving Nigeria’s Economic Transformation
By: Adeola Adelabu
For years, Nigeria’s conversations around economic transformation have been long on ambition but short on execution. Increasingly, however, a more pragmatic pattern is emerging, one defined by structured partnerships, targeted investments, and a growing emphasis on delivery. Nowhere is this shift more visible than in the evolving relationship between Nigeria and China.
As bilateral cooperation deepens, a broad portfolio of projects spanning infrastructure, manufacturing, and agriculture is beginning to reshape Nigeria’s economic trajectory. The emerging signal is clear: development is no longer being framed solely around policy intent, but around measurable outcomes.
A clear demonstration of this shift is the operational success of the Lekki Deep Sea Port. Developed in partnership with China Harbour Engineering Company (CHEC), the port stands as one of the most significant private-sector-led infrastructure investments in Nigeria in recent years. With over $1 billion in equity contribution by CHEC, the facility is now fully operational, easing port congestion, improving cargo handling efficiency, and strengthening Nigeria’s position as a maritime gateway for West Africa.
Beyond its infrastructure value, Lekki Deep Sea Port is increasingly seen as a case study in what structured international partnerships can deliver when aligned with domestic priorities. It highlights a key lesson: investment alone is not sufficient; execution, governance, and operational sustainability are what convert capital into national value.
However, infrastructure is only the starting point of industrial transformation. The next frontier lies in rebuilding Nigeria’s productive base, particularly in steel. No modern economy achieves industrial depth without a functioning steel industry, and this reality places renewed attention on the revival of the Ajaokuta Steel Company.
For decades, Ajaokuta has remained an unfulfilled potential. Yet, renewed collaboration involving Chinese technical and investment partners has reopened the possibility of repositioning it as a core pillar of Nigeria’s industrial ecosystem. A functional steel plant would reduce import dependency, lower production costs across sectors, and stimulate downstream industries such as construction, fabrication, and manufacturing.
The strategic logic is further reinforced by Nigeria’s resource endowment, particularly iron ore deposits in Itakpe, Lokoja and Ogun state. Combined with improving logistics infrastructure, including rail and inland transport corridors, the fundamentals for a viable steel value chain are present. What remains critical is execution discipline and sustained policy continuity over time.
If infrastructure and steel represent the backbone of industrialisation, agriculture represents its most immediate and socially visible impact. In a context where food inflation continues to pressure household incomes, interventions that directly affect food supply and pricing carry both economic and political significance. This is where the National Integrated Poultry Project becomes particularly consequential.
According to Joseph Tegbe, the project is designed to address structural constraints in Nigeria’s poultry value chain, particularly high feed costs and supply inefficiencies. By integrating large-scale poultry production with domestic cultivation of key feed inputs such as maize and soybean, the initiative directly targets the most significant cost drivers in the sector.
The economic rationale is straightforward: reducing feed costs lowers production costs, and lower production costs improve affordability for consumers. In practical terms, this is expected to translate into more accessible prices for eggs and poultry products, which remain critical sources of affordable protein for millions of Nigerian households.
The implications extend beyond consumers to producers. Poultry farmers, many of whom operate under volatile input pricing and thin margins, stand to benefit from more stable feed supply chains and reduced production costs. This could enhance profitability, encourage sector expansion, and strengthen resilience across the agricultural value chain.
The scale of ambition is significant. Pilot phases are scheduled for Kaduna and Oyo States, with plans for national expansion thereafter. Each integrated facility is expected to operate at industrial scale, housing up over one million layer birds alongside substantial broiler capacity, and collectively producing millions of eggs daily.
The programme is projected to generate tens of thousands of direct jobs and hundreds of thousands of indirect opportunities across farming, logistics, processing, and distribution.
Yet, Nigeria’s development history underscores an important caution: ambition does not automatically translate into impact. The country has seen several large-scale agricultural and industrial programmes falter due to weak coordination, inconsistent policy implementation, and limited accountability mechanisms.
This makes execution the defining variable. Clear timelines, institutional coordination, and measurable performance indicators will determine whether these initiatives become transformational or remain under-realised potential.
Encouragingly, recent engagements under the Nigeria–China Strategic Partnership indicate that over $20 billion in investment commitments have been mobilised across agriculture, mining, automotive manufacturing, and energy.
While this signals strong investor confidence, commitments must ultimately be judged by outcomes, jobs created, food prices reduced, industries strengthened, and productivity improved.
Taken together, the trajectory from Lekki Deep Sea Port to Ajaokuta Steel and the National Integrated Poultry Project reflects a more integrated approach to economic development, one that connects infrastructure, industry, and food systems within a single framework of cooperation. The Nigeria–China partnership is therefore evolving beyond diplomacy into an economic delivery platform. The real question is no longer about the scale of ambition, but the consistency of execution.
If Nigeria succeeds, the impact will be tangible: lower food costs, stronger industrial capacity, and expanded employment opportunities. If it fails, these initiatives risk joining a long list of unrealised development plans. Ultimately, the difference will be defined not by vision, but by execution.
Adeola Adelabu is the Lead, Media and Public Relations at the Nigeria–China Strategic Partnership (NCSP).
From Ports to Food: How Partnership with China is Driving Nigeria’s Economic Transformation
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