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Amina Mohammed: Africa, the Best Investment Proposition of 21st century

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Amina Mohammed: Africa, the Best Investment Proposition of 21st century

By: Michael Mike

United Nations Deputy Secretary-General Amina Mohammed has observed that Africa is the best investment proposition of the 21st century, in view of its natural resources, arable land and massive population.

She said: “The long term structural endowments of our continent are as strong as ever, most of the world’s natural resources are in Africa and 60% of the world’s arable land and a massive population of motivated youth, Africa is the best investment propositions of the 21st century.”
She gave the verdict at the second edition of the Africa Social Impact Summit co-convened by the Sterling One Foundation and the United Nations in Nigeria, and held in Lagos.

According to a statement on Tuesday, she cautioned that investment in Africa must go beyond extracting raw material, and emphasized that “It must build the roots of a modern economy, hard and soft infrastructure alike, and this must include bold investments into Africa’s strongest asset, its people at the continental, national and local levels.”

Mohammed advocated for channeling massive, targeted investments into youth development, local employment and employability, climate smart solutions, education, health, renewable energy and improved water and sanitation facilities.
However, she cautioned that it would require the private and public sectors working together to scale the necessary financing instruments, guarantees de-risking mechanisms, to strengthen Africa’s development finance network and its institutions.

Lagos State Governor, Babajide Sanwo-Olu, stressed the need for all to come together with a renewed spirit of collaboration, innovation, and determination, to build a prosperous and sustainable Africa for all.

Sanwo-Olu, who was represented by his Deputy, Dr. Obafemi Hamzat, said that the various projections suggested that Africa would be home to over half of the world’s poorest people by 2030, and that alone underscored the urgency and importance of the summit and the work all needed to do.

“I call upon the private sector, with its scale, sustainability, and innovation, to take the lead in driving change. We must harness the strength of our multi-stakeholder partnerships and leverage enterprise-driven innovations to create impact ecosystems that foster inclusive growth and recovery.” The Governor said.

The Chief Executive Officer of Sterling One Foundation, Olajeju Ibekwe, disclosed that the second edition of the Africa Social Impact Summit was a marked improvement on the 2022 edition.

She said: “I am also humbled by the intentionality of the private sector to own the sustainable development goals and move the needle. We are grateful to the partnership of the United Nations as our co-convenor for this conference.”

Ibekwe expressed hope for several partnerships and innovations to emerge from the summit, adding that: “And we are also looking forward to existing social impact initiatives in different rural communities, accessing more resources, multilevel resources to be able to do more and spread their impact from communities to communities across the Africa.”

Earlier, the UN Resident and Humanitarian Coordinator in Nigeria, Matthias Schmale, emphasized that “You can’t do business on a dead planet. Africa’s private sector can be a catalyst for change, supercharging our trajectory towards the 2030 Agenda.”

To achieve the pace and scale of transformative change that the world needs, Schmale noted that private sector investments must not just be motivated by profit but by considerations of what would have the greatest social impact.
He urged the CEOs and investors to embed sustainability into their decision making and align their business practices with the SDGs.

The theme of the Summit held on 10 – 11 August 2023, was ‘Global Vision, Local Action: Repositioning the African Development Ecosystem For Sustainable Outcomes.’

Amina Mohammed: Africa, the Best Investment Proposition of 21st century

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JAMB Registrar, ASE VC task students to make good use of time

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JAMB Registrar, ASE VC task students to make good use of time
..As ASE matriculates pioneer set

By: Michael Mike

The Registrar of the Joint Admissions and Matriculation Board, Prof. Emeritus Is-haq Oloyede, has encouraged students to make a good use of their time, noting that the most important things in life are often limited in supply.

Oloyede gave this advice while making his remarks at the maiden matriculation of the African School of Economics (The Pan-African University of Excellence) in Abuja.

The JAMB Registrar noted that regardless of the students’ courses and departments, one important lesson that being students of the university should remind them of is the need to put value on what is limited because economics is about maximizing the utilisation of the limited and everyone must locate themselves within that philosophy.

Oloyede, a former Vice Chancellor of the University of Ilorin, further encouraged the students to make a judicious use of the opportunities available to them saying that the size of the university would allow them to be able to benefit maximally as the extremely large classes could not be applicable to them. He wished the university all the best and expressed hope that the students would justify the investments made in them.

In his Lecture, “Education: The Pathway to Success in Life”, the Chairman of the Board of Trustees, African School of Economics, Prof. Michael Maduagwu, emphasized the importance of education and underscored the significance of reading widely. He noted that the advent of Information and Communication Technology has made reading and learning much accessible with unlimited learning resources available to the students.

He also charged them on ethics and character noting that stories bordering on examination malpractice, bribery, cultism and sexual harassment have often been told in some Nigerian universities but they should not apply to ASE. He advised the students and the staff to set the highest standard for the university and appreciated the Vice-Chancellor for his charismatic leadership.

Earlier in his address, “Three Principles, Six Stories”, the Vice-Chancellor, Prof. Mahfouz Adedimeji, introduced the university as one with a difference, saying that the institution was conceived to address the critical challenges Africa. He said the university leverages partnership, technology and personnel to achieve functional education that transforms individuals and societies based on the core values of the university, which he identified as IDEAS meaning Integrity, Discipline, Excellence, Accountability and Service.

Adedimeji encouraged the students to embrace curiosity, cultivate resilience and maintain focus as three principles that would guarantee their success. He also spoke on the need for them to embrace faith, have trust, keep hope, demonstrate confidence, show love and maintain positive attitude at all times.

“Ultimately, always remember that you are part of something greater than yourself. You are part of a legacy of excellence, a tradition of innovation, and a commitment to making the world a better place,” he said.

Highlights of the occasion included the administration of the matriculation oath on the students by the Vice-Chancellor and remarks by the founder, Prof. Leonard Wantchecon, who shared his vision for the university and welcomed the students to the campus.

The students were also guided by the Director-General of Citizenship and Leadership Training Centre, Dr Soji Eniade; and the Registrar of the African Aviation and Aerospace University, Dr Mustapha Sheikh, represented by his Deputy Registrar, Mr Dennis Onwukwe as well as the wife of the Chairman, Dr Kate Maduagwu.

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Unreported Attacks Fueling Violence in Plateau—Stakeholders Urge Decisive Action

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Unreported Attacks Fueling Violence in Plateau—Stakeholders Urge Decisive Action

By: Zagazola Makama

Beneath the surface of Plateau State’s persistent security challenges lies a disturbing trend: the rising tide of unreported and isolated attacks, amid a silence of conspiracy, quietly fueling cycles of violence across rural communities.

The recent recovery of 58 rustled cows by Nigerian security forces in Hiktup Village, Kombun District, Mangu Local Government Area points to a much larger, largely hidden crisis that security experts say demands urgent government intervention.

According to police sources, the cows were recovered during a routine patrol on Friday evening and are currently in police custody as efforts continue to trace their rightful owners.

Zagazola Makama has previously reported how the cattle were rustled from herders in Murish village, Mangu Local Government Area after one harder was killed by a group of about 30 youths from the area. One other herder, 21-year-old Abdullahi Suleiman, remains missing. Of the rustled livestock, 11 were initially recovered.

However, response agencies remained silent, with no arrests made despite the fact that the perpetrators are known and Abdullahi Suleiman is still missing.

While this recovery represents a success for law enforcement, many similar incidents across Plateau’s vast rural landscape go unreported, either due to fear, communal distrust, or lack of access to justice. In many cases, even if perpetrators are captured, local government chairmen and traditional rulers ensure that the cases do not see the light of day.

These isolated attacks on some cattle settlements, in the name of fighting bandits, have become flashpoints for deadly reprisal attacks between farming and herding communities in Plateau State. Those who dare to speak out against it are often labeled as bandits’ apologists or terrorist sympathizers. The narrative suggests that Fulani herders are invading lands and displacing local communities.

On Monday, gunmen reportedly killed a herder named Hamza Sulaiman in the Shen community, Jos South LGA of Plateau State. The attack occurred around 12:30 p.m. while six herders were grazing. Three cattle and several sheep were also killed.

In a separate incident, 26 cattle were allegedly poisoned near the INEC office in Mangu LGA. Musa Muhammad, Secretary of MACBAN in Mangu, stated that the cattle were grazing when the poisoning occurred around 1:30 p.m. Local security personnel, including the DSS and police, visited the scene and confirmed the deaths, discovering poisoned mangoes and contaminated water.

Earlier, on April 16, about 36 cattle, reportedly belonging to one Samaila Nuhu, were poisoned at Tafi Gana Junction in Zanwar Ward of Bassa Local Government Area. The government has stated it is investigating the matter through the Ministry of Livestock Development, Veterinary Services, and Fisheries.

Security analysts are concerned that unless urgent steps are taken to address the root causes of these crimes, the state risks an escalation of violence. Each individual killed, each stolen cow, each poisoned animal represents more than just an economic loss; it triggers a cycle of revenge, widening the fault lines between communities.

The inability to swiftly prosecute culprits and ensure sincere mediation of these disputes has emboldened criminal elements, with some groups exploiting the situation to advance ethnic and religious divisions.

Stakeholders are therefore calling on the Plateau State Government and security agencies to take decisive actions against individuals and groups found to be fueling the crisis, whether through direct attacks or by inciting retaliatory violence.

They also advocate for the strengthening of community policing initiatives, the deployment of more surveillance teams in vulnerable areas, and the establishment of a comprehensive livestock identification and tracking system to against cattle rustling. Please end the Crises Now.

Zagazola Makama is a Counter-Insurgency Expert and Security Analyst in the Lake Chad Region

Unreported Attacks Fueling Violence in Plateau—Stakeholders Urge Decisive Action

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Inspector dies after altercation which led to attack by a fellow police family in Lagos barracks

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Inspector dies after altercation which led to attack by a fellow police family in Lagos barracks

By: Zagazola Makama

An Inspector, Ibrahim Usman, has died following a physical altercation involving a fellow resident and her children at the Queen Barracks, Apapa, Lagos.

Police sources told Zagazola Makama that the incident occurred on Friday at about 11:10 a.m. after a misunderstanding between W/Inspector Gambo Yusuf and the wife of the deceased, both occupants of the barracks.

In the course of the altercation, Yusuf and her children allegedly assaulted Inspector Usman, knocking him to the ground where he lost consciousness.

He was immediately rushed to the General Hospital, Apapa, where he was confirmed dead by the doctor on duty.

A team of detectives visited the scene of the incident and the hospital, where the body was inspected and photographed before being deposited at the morgue for preservation and autopsy.

Yusuf and her children have been taken into custody and are being investigated over the incident.

“The Commissioner of Police, Lagos State Command, has ordered a thorough investigation to ensure that justice is served,”said the sources.

Inspector dies after altercation which led to attack by a fellow police family in Lagos barracks

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