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
FG Moves to Strengthen National Policy on Drought and Desertification
FG Moves to Strengthen National Policy on Drought and Desertification
By: Michael Mike
The Federal Government has reiterated its commitment to tackling drought, desertification, and land degradation through an updated and more responsive national policy framework.
The Minister of Environment, Malam Balarabe Lawal, stated this on Tuesday in Abuja while delivering a keynote address at a two-day validation workshop on the review of the National Drought and Desertification Policy.
The workshop, brought together stakeholders from federal and state governments, development partners, civil society organisations, research institutions, and local communities.
Lawal described drought and desertification as serious environmental threats with far-reaching consequences for agriculture, water security, livelihoods, and national stability, particularly in Nigeria’s arid and semi-arid regions.
He noted that farmers and pastoralists are among the worst affected, as prolonged dry spells lead to crop failure, livestock loss, and increased poverty, while advancing desert conditions continue to reduce land productivity and strain natural resources.
The minister explained that the reviewed policy became necessary due to growing climate risks, population pressure, and changing land-use patterns.
He said the revision process began in July 2025 with an inception meeting involving representatives from all 36 states and the Federal Capital Territory.
According to him, the validation workshop is meant to ensure that the revised document is practical, inclusive, and implementable, with clear strategies, financing mechanisms, and monitoring systems.
Lawal assured participants that the final policy would not be shelved after approval, stressing that government would lead its implementation while working closely with the private sector, civil society, academia, and local communities.
He called on stakeholders to actively contribute during technical sessions, share experiences, and propose workable solutions that reflect the realities of different ecological zones across the country.
The minister also appreciated development partners for their continued support in strengthening Nigeria’s environmental and climate response initiatives.
Declaring the workshop open, Lawal expressed optimism that the revised policy would significantly improve national efforts to combat desertification, restore degraded lands, and build resilience against drought.
On his part, the Permanent Secretary of the Ministry of Environment, Mahmud Kambari, noted that Nigeria is increasingly vulnerable to drought, desertification, and land degradation, with serious implications for food security, livelihoods, biodiversity, and national development.
He said climate change and unsustainable land and water use practices have further deepened the country’s exposure to environmental risks.
Kambari explained that the existing policy framework, though useful in the past, no longer adequately addresses emerging climate realities and evolving national and international commitments. He said this necessitated a comprehensive review aimed at strengthening early warning systems, improving preparedness, and building resilience against environmental shocks.
He added that the revised policy must align with Nigeria’s obligations under the United Nations Convention to Combat Desertification (UNCCD), including its Land Degradation Neutrality targets. According to him, the ministry, through its Department of Desertification, Land Degradation and Drought Management, would ensure effective coordination and implementation of the new policy.
The Director Department of Desertification and Drought in the Ministry of Environment, Regina Nwaneri explained that the validation workshop is focuses on validating an updated Desertification, Land Degradation and Drought Management Policy, stressing that the existing policy dates back to 2007 and no longer reflects current realities.
FG Moves to Strengthen National Policy on Drought and Desertification
National News
2027: Vice President Kashim Shettima Standing Tall Amidst Misguided Oppositions
2027: Vice President Kashim Shettima Standing Tall Amidst Misguided Oppositions
By: Hon. Yusuf Adamu
In a country often marred by speculation and divisive rhetoric, the insinuations from opposition factions regarding the potential replacement of Shettima by “mischief-makers” are not only misguided but also reflective of a fundamental misunderstanding of the dynamics at play within Nigerian politics.
It is imperative to acknowledge the significance of partnerships in political leadership. Vice President Kashim Shettima has uniquely positioned himself as a pivotal figure in this administration, not merely as a subordinate but as a strategic ally to President Tinubu. Their relationship is rooted in mutual respect and shared goals, transcending partisan interests and religious affiliations.
Contrary to the narratives spun by opposition voices, there has been no indication from President Tinubu regarding any intention to replace his vice president. This sentiment is echoed by the general populace who recognize the necessity of stability and continuity during these critical times.
The intricacies of Tinubu and Shettima’s alliance are further underscored by their respective backgrounds and experiences. Both leaders have weathered the storms of political challenges and have showcased resilience that resonates with the Nigerian electorate.
It is essential not to reduce their achievements or the worth of their partnership to mere religious identities—Muslim – Muslim. Such simplifications undermine the rich tapestry of relationships that they have cultivated across different demographics throughout their political careers.
One cannot overlook the years of camaraderie, exemplified by Kashim Shettima’s longstanding friendships, particularly with notable figures such as Dr. James Bwala, who has written hundreds of articles in publications online either promoting or defending the vice president. This enduring relationship is illustrative of Shettima’s capacity to foster cross-cultural connections and to engage meaningfully with individuals from various backgrounds.
His engagement with Christians and their communities has been robust, demonstrating that his political strategy is inclusive rather than exclusionary. Shettima’s authentic relationships illustrate his commitment to unity and collaboration, affirming that the political landscape can be navigated without falling prey to division based on religious lines.
Also Shettima’s heritage plays a crucial role in this narrative. Hailing from the El-Kanemi lineage, he draws upon a rich historical legacy that reinforces his credibility. His familial and political roots in northern Nigeria provide a strategic advantage for Tinubu’s administration, enabling effective outreach and engagement in a region that holds considerable sway in national politics.
This familiarity, combined with Shettima’s adept handling of political maneuverings, ensures that the partnership remains compelling, maintaining its relevance well into the future.
The skepticism from opposition parties about the viability of this partnership is not new. Historically, political alliances in Nigeria have been fraught with uncertainty and betrayal. However, an examination of this particular partnership reveals a contrasting story marked by tenacity and strategic foresight.
As opposition narratives swirl, Tinubu and Shettima are focused on governance, leveraging their strengths to address the multifaceted challenges facing the nation. Shettima’s international representation on behalf of the President speaks volumes of the trust and confidence placed in him, a testament to his effectiveness as a vice president and a political partner.
As we reflect on the broader implications of this partnership, it becomes evident that the political landscape is evolving. The criticisms hurled by mischief-makers serve not to deter but to galvanize support for Tinubu’s administration. In fact, the apparent disconnect between the actions of the opposition and the realities on the ground may very well be hindering their ability to connect with the electorate.
People are increasingly discerning and capable of distinguishing between politically motivated rhetoric and genuine leadership. In light of this, it is critical to underscore the importance of vision and coherence in leadership. The synergy between Tinubu and Shettima can be characterized as emblematic of a larger movement aimed at fostering development, inclusivity, and progress within Nigeria.
Their collective vision, grounded in principles of governance that resonate across diverse groups, positions them as a formidable force against any opposition efforts that seek to undermine their mission.
Also, examining the socio-political context it reveals that the partnership extends beyond mere electoral calculations. It is about nurturing a cohesive Nigeria where all citizens can thrive irrespective of their religious beliefs. This notion should be taken into account when evaluating the efficacy of the administration.
As both leaders navigate complex political terrains, it is essential to recognize that their administration seeks to embody a spirit of unity, promoting peace and collaboration amongst varied sectors of the population. The partnership between President Bola Ahmed Tinubu and Vice President Kashim Shettima is not only enduring but also transformative.
Critics and naysayers may attempt to dismantle this alliance through speculation and unfounded allegations, yet the evidence supports a different narrative—one of resilience, unity, and a shared vision for Nigeria’s future. While the opposition may continue their machinations, the focus must remain on the substantive work that both leaders are undertaking in service to their country.
This partnership, built on strength, mutual respect, and a profound understanding of Nigeria’s socio-political landscape, is poised to remain intact and fruitful until at least 2031. Ours is a time for action, partnership, and unwavering commitment to the ideals that will propel Nigeria towards a brighter future.
Hon. Yusuf Adamu, writes from Maiduguri
2027: Vice President Kashim Shettima Standing Tall Amidst Misguided Oppositions
National News
WEF 2026: VP Shettima Commissions First Ever Nigerian Pavillion In Davos
WEF 2026: VP Shettima Commissions First Ever Nigerian Pavillion In Davos
Says Nigeria House, Davos, reflects nation’s renewed resolve to contribute to global econonic conversations
Launches publications on investment opportunities in solid minerals, agriculture, creative, digital sectors
By: Our Reporter
The Vice President, Senator Kashim Shettima, has said the opening of Nigeria House in Davos reflects the country’s renewed seriousness, readiness, and resolve to take its place as an active participant in shaping global economic conversations.
He observed that while nations do not prosper in isolation, Nigeria’s future growth depends on deliberate, structured engagement with the global economy.

Senator Shettima stated this on Monday during the formal opening of the Nigeria House at the 2026 World Economic Forum (WEF) in Davos, Switzerland.
According to the VP, Nigeria marked a historic milestone in its global economic engagement with the official opening of its House at the WEF 2026.
“This day is extraordinary in the history of our engagements at this beautiful meeting point of global political leadership, policy thinkers, and corporate enterprise. For the first time in our nation’s history, Nigeria stands at Davos with a sovereign pavilion of its own.

“Nigeria House is a response to the lapses of the past. It reflects our intention. It reflects our seriousness. Above all, it advertises both our readiness and our resolve to take a front-line seat in the discourse of the global economy, not as observers, but as participants with a clear sense of purpose and place,” he stated.
The Vice President pointed out that even though “Nigeria House may have been conceived as a whole-of-government platform, led by the Honourable Minister of Industry, Trade and Investment, with senior leadership across investment, foreign affairs, energy, infrastructure, technology, climate, and culture gathered under one roof,” the true essence of the House must come from the private sector.

“Government can open doors, create frameworks, and de-risk environments; only enterprise can animate growth, scale opportunity, and translate policy into productivity. This House will thrive to the extent that it draws life from private capital, private innovation, and private confidence,” he maintained.
VP Shettima explained that the dividends of the Tinubu administration’s reforms are beginning to materialize, noting that “our decision to open up to the world more deliberately comes at a turning point in our economic journey.
“The dividends of the difficult but inevitable reforms of recent years are beginning to show,” he added, recalling that in 2025, Nigeria’s economy expanded by about 3.9 per cent, the fastest pace recorded in over a decade, driven largely by a resilient non-oil economy that now accounts for roughly 96 per cent of GDP.
The VP continued: “Services, agriculture, finance, and technology are expanding, while non-oil revenues now make up nearly three-quarters of government collections, marking a structural shift away from oil dependence.
“Inflation, which stood above 30 per cent in late 2024, eased significantly by the end of 2025, and external buffers have improved, with foreign reserves rising above 45 billion dollars and greater stability in the foreign exchange market.”

He invited the international business community to leverage the platform created through the Nigeria House project, noting that “Nigeria is open for business, but more importantly, Nigeria is open for collaboration.”
VP Shettima assured that the Nigeria House will host conversations that must have to move the nation and the global community forward.
“We are here to learn from you just as much as we are here to inform you of the opportunities that await in Nigeria. Progress is not a monologue; it is a dialogue,” he further stated.
Earlier, Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, applauded the support of Vice President Shettima for the realisation of the historical vision for Nigeria House, Davos, acknowledging his disposition and encouragement in the project.
She said the project demonstrates a strong Public Private Partnership and reflects the rejuvenation of the Nigerian economy, showcasing a unique sense of national pride and a shift from how Nigeria engages with the rest of the world, especially the international business community.
Highlighting the gains of President Tinubu’s economic reforms as incentives for private sector investment, Dr Oduwole said Nigeria, under the current dispensation, is rebuilding trust, restoring credibility and positioning itself as the global centre for wealth creation strategic partnership.
She noted that the playbooks being launched at the event is part of a broad strategy to leverage Nigeria’s potentials in the solid minerals, climate sustainable agriculture, creative, digital sectors.
In his remarks, the Permanent Secretary in the Ministry of Solid Minerals Development, Engr Faruk Yusuf Yano, outlined major interventions and initiatives undertaken by the administration of President Tinubu in the solid minerals and related sectors, aimed at diversifying and reforming the Nigerian economy.
He said Nigeria House, Davos, represents a deliberate action to consolidate the gains of President Tinubu’s economic transformation efforts through high level engagements targeted at attracting investments in Nigeria’s non-oil sector.
He also advocated fair treatment for emerging markets in the areas of access to finance and secured global supply chain network.
On her part, the Lead Execution Partner, Nigeria House, Davos, Omowunmi Imoukhuede, emphasised that Nigeria House represents a rare opportunity to tell stories about Nigeria’s unique investment potentials.
Preceeding the formal opening of the Nigeria House, Davos, is a Global Business Roundtable focused on building a resilient supply chain network for the Energy Transition.
Also present at the event were Minister of Science and Technology, Dr Kingsley Ude; Minister of Foreign Affiars, Amb. Yusuf Tuggar; heads of government agencies, and captains of industry, among others.
WEF 2026: VP Shettima Commissions First Ever Nigerian Pavillion In Davos
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