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
RE: MISCHIEVOUS REPORT ON ACCESS TO THE PRESIDENTIAL VILLA BY VICE PRESIDENT KASHIM SHETTIMA, GCON

RE: MISCHIEVOUS REPORT ON ACCESS TO THE PRESIDENTIAL VILLA BY VICE PRESIDENT KASHIM SHETTIMA, GCON
By: Our Reporter
In recent times, there has been deliberate and well-planned orchestration of falsehood against the vice president’s person and office in many multidimensional forms. These mischievous and totally fabricated reports are all in a bid to cause confusion and insinuate total clash in the Presidency. These reports seek to mislead the public into believing there’s discord at the highest levels of government.
The latest in this string of disinformation is a report claiming that the Vice President has been refused entry to the Villa. This is a feeble attempt to traduce the person and office of His Excellency, Vice President Kashim Shettima, GCON. For the record, NOTHING OF THE SORT EVER HAPPENED.
The recent publication by some obscure blogs alleging that armed military units have barricaded the Vice President from accessing the Presidential Villa is not only the wildest expression of wishful thinking but a clear indication that the purveyors of these tales have exhausted both ink and imagination. It is a story so far removed from reality that it can only be entertained by those unfamiliar with the inner workings of the Nigerian government.
Earlier this week, the Presidency dismissed similar fake news regarding responsibility for the circulation of campaign posters bearing the images of President Bola Ahmed Tinubu, GCFR. These stories reflect a desperate attempt to undermine the President and his Deputy’s fidelity to the rule of law and our constitution. Let it be known that those pushing these falsehoods do so in vain.
It is understandable, though regrettable, that the mischief-makers continue to underestimate the strength of the bond and goodwill between the President and the Vice President. However, their questionable sources or habitual reliance on misinformation have once again led them astray. These fairy tales they publish serve no purpose beyond mischief and distraction.
The Vice President remains focused on his duties and on supporting the President in achieving the aspirations of Nigerians. He does not have the luxury of time for distractions, particularly those born of the imagination of individuals intent on creating smoke where there is no fire. He’s not and will never partake in their media circus. It is a futile pursuit, even by the standards of the morally indifferent.
We commend Nigerians across all divides who continue to express goodwill towards this administration and who have taken it upon themselves to fight the spread of fake news. Your trust and support are deeply appreciated. The covenant between this government and the citizens of Nigeria was made possible through a legitimate and constitutional process. No amount of falsehood or manufactured tension can shake the foundation of that democratic mandate. Not under the watch of President Bola Ahmed Tinubu, GCFR.
We encourage the public to disregard such malicious publications and the media to continue seeking information from credible sources and to approach sensational claims with the caution they deserve. This we owe ourselves collectively as a nation.
RE: MISCHIEVOUS REPORT ON ACCESS TO THE PRESIDENTIAL VILLA BY VICE PRESIDENT KASHIM SHETTIMA, GCON
National News
FG Urges Ethiopia to Expedite Action on Sentenced Persons Agreement

FG Urges Ethiopia to Expedite Action on Sentenced Persons Agreement
By: Michael Mike
The Federal Government has moved to secure the release of some Nigerians in prison in Ethiopia, urging the Federal Democratic Republic of Ethiopia not to further delay the signing of Memorandum of Understanding (MoU) on Exchange of Sentenced Persons between both countries.
Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu stated the country’s position at a meeting in Abuja with the Ethiopian Ambassador to Nigeria, Legesse Geremew Haile.
The minister while expressing the Federal Government’s displeasure over the spate of embarrassment and harassment suffered by Nigerians including those with Official and Diplomatic Passports in Addis Ababa,
reminded the Ethiopian Ambassador that the Nigeria side had concluded with reflection of the Ethiopian observations in the draft MOU on Exchange of Sentenced Persons between both countries and wondered why signing of the MOU was being delayed despite assurances at their meeting of March 6, 2025.
The minister highlighted with deep concern the plight of Nigerian inmates in Ethiopia who she said were not having access to medical care among other challenges. She also noted the overwhelming challenges this posed to the Ethiopian Government.

She expressed dismay that a Nigerian recently died in Ethiopian prison, and declared that as a government deeply committed to citizen diplomacy, the federal government would not want a repeat of such ugly incident.
She said: “Our people don’t want to hear that another Nigerian inmate died in Ethiopian prison.”
Odumegwu-Ojukwu further decried the continued delay in returning monies seized from Nigerian businessmen by the Ethiopian Government even after the country’s Prime Minister, Abiy Ahmed, had at the 40th Session of the Executive Council of the African Union held in February 2022, granted amnesty to all African travellers whose monies were seized at the Bole International Airport, due to non-declaration of the amount over and above three thousand US Dollars, as provided by then Ethiopian law.
She regretted that of the 25 Nigerians whose monies were seized as at the time, only 15 had been approved for refund, due to the stringent condition put by the Ethiopian side for the refunds. Even at that, only two persons had actually been refunded their seized money.
The minister cited the pathetic case of one Mr. Francis Chukwuma Uzoh whose US$70,000 was seized by the Ethiopian authorities. She bemoaned that despite meeting all the conditions, Francis was yet to be refunded since 2022.
She noted that Mr. Francis has become desolate, homeless, abandoned by family, hugely indebted and a shadow of his former self.
The minister, therefore, urged the Ethiopian envoy to press for a last chance for the Ethiopian Government to refund Mr. Francis his $70,000 while he is still alive, “so they don’t use the money to bury him when he has gone.”
She recalled that visa waiver for holders of Official and Diplomatic Passports was tied to the Bilateral Air Services Agreement (BASA) signed by the two countries.
She decried that going by what Nigerians faced at Addis Ababa, it seems that Ethiopia of unilaterally withdrawing from the MoU without notifying Nigeria.
According to her, it is of great concern because Addis is a hub and many Nigerians have adopted Ethiopian Airline as the airline of choice.
Meanwhile, she reiterated the nation’s commitment to strengthening bilateral relations with Ethiopia, assuring that the 4th Session of Nigeria-Ethiopia Joint Commission would soon hold in Abuja.
Responding, the Ethiopian Ambassador, said that the visa waiver agreement was still in place but needed ratification by the country’s House of Representatives.
Haile said that the Embassy had issued visas to Nigerians with official and diplomatic passports, pointing out that the problem is actually when the applicant is with the regular passport.
He said: “The visa on arrival has neither been withdrawn nor abrogated,” stressing that: “We are very close to Nigeria. The Ethiopian Government views the Federal Republic of Nigeria as a very strategic partner.”
He also thanked the Nigerian Government for the additional seven slots recently approved for the Ethiopian Airline on the Lagos route.
FG Urges Ethiopia to Expedite Action on Sentenced Persons Agreement
National News
Tuggar: Nigeria’s Foreign Policy Needs to be Dynamic, Protect National Interest

Tuggar: Nigeria’s Foreign Policy Needs to be Dynamic, Protect National Interest
By: Michael Mike
Minister of Foreign Affairs, Ambassador Yusuf Tuggar has said current happening on the globe has called for a review of Nigeria’s foreign policy, demanding its dynamism, and ensure the protection of our national interest.
He insisted that diplomacy should take the lead over war, urging leaders worldwide to encourage dialogue for conflict resolution over the money draining, blood spilling war.
Delivering a speech on Thursday at the Inaugural Session of the Agora Policy Forum with the theme: “Nigeria’s Foreign Policy at a Time of Global Uncertainty,” said: “We are gathered here at a time when the international order is undergoing significant transformation. Geopolitical tensions, economic realignments, daily tariffs and trade wars, security threats, climate change, and technological disruptions are reshaping the global landscape in ways that demand strategic recalibration from all nations. Traditional assumptions about democracy and markets are being questioned by state and non-state actors.”
He noted that: “As Africa’s most populous country and a key economic and diplomatic actor, Nigeria must protect and promote our values and commitment to democratic freedoms and the celebration of diversity, as we navigate these new complexities with foresight, pragmatism, and resilience.”
Tuggar said: “The post-Cold War consensus that shaped global governance for the past three decades is increasingly fracturing. The resurgence of great power competition, the fragmentation of multilateralism, and the proliferation of regional conflicts have created a more unpredictable world than ever in our post-independence history.
“The war in Ukraine has reshaped energy markets, disrupted supply chains, and exacerbated food insecurity, particularly for developing economies like ours.
“Conflict in Sudan and the Sahel has illustrated the limits of the old rules-based order, as new state and non-state actors flex influence in areas of chronic instability.
- The global economy is experiencing persistent inflationary pressures, debt crises in emerging markets, and a reconfiguration of trade partnerships.
“The rise of new technologies, from artificial intelligence to digital currencies, introduces opportunities and challenges for economic governance and national security.
“Climate change continues to pose an existential threat, with Africa disproportionately affected, despite contributing the least to global emissions.
“In this context, Nigeria’s foreign policy must be dynamic. It must ensure that our national interests are protected while we remain a responsible and engaged member of the international community. And above all, foreign policy must be efficient. If diplomacy is war by other means, the terrible costs of conflict must at least partially be a measure of diplomatic failure.”
He stressed that: “We should invest in capacity and exhaust all available avenues, because the alternatives are much worse. In that sense, the triumph of diplomacy should be measured as much by what we do not see, what we can avoid, and what we do see. To take examples from our history: we still reference – and rightly so – the sacrifice Nigeria made in Liberia and Sierra Leone in the 1990s, but not so much the efforts, through public diplomacy, back channels, direct engagement, third-party involvement, the balancing of principle with practical detail – all tricks in the diplomatic toolbox – that led to the transfer of power in Gambia without a drop of blood spilt.”
He insisted that: “Tragedies avoided are more easily forgotten than sacrifices made. For this reason, with defence budgets escalating around the world, we need to be reminded, even in a transactional world, that diplomacy should take the lead. It is always better to talk. We do not always deliver perfect outcomes, especially where those areas of common interest and good faith are narrow, where one side may face particular local pressures that trump what partnership might deliver. Realistic outcomes are shaped by realistic expectations.”
The minister decried that: “We see the existing order deconstructing. It was an order that did not present a level playing field for Nigeria and Africa, in terms of access to financing and markets and the tools to facilitate peace, prosperity and opportunity. As that order breaks down, what follows is much less clear.
It is our responsibility, as the region’s key power, to be a voice for Africa – to play our part in helping create a modern and dynamic order that reflects our national and shared interests.
“And that responsibility is fundamentally diplomatic: securitisation shifts thinking from strategic to tactical, to a reduction in the space for dialogue, compromise and manoeuvre. Security more than ever tilts towards hardware and technology.
“Diplomacy at its best is a very human process of interaction. Of course, a strong defence capability and the unspoken jeopardy it carries can be significant assets in negotiation, and there are moments when diplomatic routes have failed that the national interest must be defended by force. But sequencing is everything. Lives and livelihoods depend on it.”
He added that: “Nigeria’s foreign policy has traditionally been anchored on Africa as the centerpiece, supported by non-alignment, economic diplomacy, and global multilateralism. While these principles remain relevant, they must evolve to reflect the realities of our time.”
Tuggar noted that: “A nation’s foreign policy is only as firm as the intellectual and strategic framework that underpins it. This is why fora such as the Agora Policy Roundtable are invaluable. Policymakers, scholars, and industry leaders must collaborate to provide thought leadership that informs our diplomatic choices.
“Nigeria must remain proactive, adaptive, and innovative in its foreign engagements as it navigates global uncertainty. Evidence-based policymaking, a long-term vision, and a commitment to national and continental advancement must underpin our strategy.”
He insisted that: “Nigeria’s foreign policy during a time of global uncertainty is not merely about responding to external pressures but also about shaping our destiny within the international order. It is about ensuring that our economy is resilient, our security is safeguarded, and our voice is amplified in global decision-making.”
Tuggar: Nigeria’s Foreign Policy Needs to be Dynamic, Protect National Interest
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