National News
At 4th ASIF Meeting, President Tinubu Demands Collective Action To Develop Africa

At 4th ASIF Meeting, President Tinubu Demands Collective Action To Develop Africa
** Urges relevant institutions to utilise continent’s sovereign wealth funds with sound financial discipline
By: Our Reporter
President Bola Ahmed Tinubu has called for collective action and regional cooperation among African countries in actualising transformative development on the continent.
Specifically, he said shrewd utilisation of sovereign wealth funds is crucial in ongoing efforts to close the infrastructure gap, build climate change resilience and create job opportunities for the growing youth population on the continent.

The President gave the charge on Monday in Abuja when he declared open the 4th Annual Meeting of the Africa Sovereign Investors Forum (ASIF), hosted by the Nigeria Sovereign Investment Authority (NSIA).
President Tinubu who was represented by his deputy, Vice President Kashim Shettima, noted that the forum’s meeting with the theme, “Leveraging African Sovereign Wealth Funds to Mobilise Global Capital for Transformative Development in Africa,” was holding at a time the world is witnessing rapid transformation and is under pressure to think outside the box.
For Africa, the Nigerian leader said it is time to position the continent to seize the opportunities rooted in the wave of global change, just as he asked African nations to take a cue from evolving sovereign wealth funds across the world, which have moved beyond serving as mere fiscal buffers to become architects of national transformation.
“Our future lies not in working in silos but in pursuing regional cooperation and collective ambition. Our sovereign wealth funds must become the anchors for pan-African investment platforms that de-risk projects, standardise processes, and deliver sustainable outcomes at scale. This is not just a strategy. This is a necessity,” he declared.

Acknowledging that Africa is currently facing a development dilemma, as it contends with limited fiscal space amid growing expectations and demands for long-term capital to fuel inclusive and sustainable growth, President Tinubu, however, identified creativity as a solution to the puzzle.
He said, “There can be no greater inspiration to reimagine how we invest, whether in setting up critical infrastructure, strengthening our climate resilience, promoting food security through agricultural innovation, supporting micro, small and medium enterprises, or embracing the digital economy to create jobs and expand opportunity.
“None of these is possible without catalytic institutions that combine strategic foresight with sound financial discipline. This is why the Nigeria Sovereign Investment Authority stands not only as a steward of our sovereign capital but as a vehicle for the delivery of strategic infrastructure.
“It is a catalyst in our national quest to redeem renewable energy, healthcare, agriculture, and much more. It is also a hub for pioneering innovative capital mobilisation solutions tailored to the realities of our continent.”

The President noted that ASIF has the pan-African apparatus to harness the collective strength of the continent’s sovereign investment institutions, just as he maintained that the time to act was now.
“We must act and act now to close the infrastructure gap, build resilience to climate change, and create jobs for our expanding youth population. This is precisely why platforms like the Africa Sovereign Investors Forum are not just relevant but essential.
“ASIF offers a pan-African mechanism to harness the collective strength of our sovereign investment institutions. It gives us the power to share knowledge, co-invest across borders, and speak with a unified voice in the global financial ecosystem. Through this kind of collaboration, we will attract the scale of capital required to unlock Africa’s latent potential,” he stated.
President Tinubu applauded the formal launch of the ASIF Investment Platform, saying it is a strategic initiative that deepens collaboration among Africa’s sovereign wealth funds.
The platform, according to him, is not just an innovative tool but also a bold move that pools the continent’s capital, expertise, and networks to mobilise financing for high-impact, cross-border projects, as well as “a step forward in advancing inclusive and sustainable development across the continent.”
He expressed delight that the Nigeria Sovereign Investment Authority (NSIA, as a founding member of ASIF) has taken an active role in advancing the vision, even as he commended its leadership for “mobilising like-minded African funds and international partners to design long-term, impactful investment solutions”.
Earlier, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, listed priorities for stakeholders at the forum to include capital mobilisation at scale, regional and intercontinental collaboration, human capital and policy alignment, noting that they are critical for transformative development across the continent.
He expressed hope that the ASIF meeting would birth significant transactions that can mobilise the required resources, drive economic transformation across Africa, forge impactful partnerships and build a sustainable future.
In his remarks, President of AfreximBank, Prof. Benedict Oramah, emphasised the need for stakeholders to keep African sovereign wealth funds on the continent by investing in domestic markets.
He noted that the forum can help reshape Africa’s development financing in a manner that gives the continent greater opportunity to determine its development trajectory.
The AfreximBank boss dismissed insinuations that Africa does not have bankable projects, noting that the potential across the region is huge and the challenge lies with stakeholders, especially managers of sovereign wealth funds in the continent, to rethink strategies for investment, prioritising domestic investments.
On his part, Chairman of African Sovereign Investors Forum (ASIF), Mr Obaid Amrane, said while Africa is open for business, the forum is committed to facilitating the participation of sovereign investors in Africa’s transformation.
He said in just three years, ASIF has made significant strides in enhancing Africa’s global positioning, closing the infrastructure funding gaps across the continent and promoting greater collaboration among governments and sovereign investors in transformative projects that impact lives across the length and breadth of the region.
In his remarks, the Managing Director, Nigeria Sovereign Investment Authority, Mr Aminu Umar-Sadiq, explained the focus of the meeting, noting that private capital plays a critical role in driving investments in infrastructure development on the continent.
He outlined the priority areas of the meeting and noted that the forum will catalyse investments across Africa and beyond, impacting lives through projects across diverse fields.
For his part, Pan-African activist, Prof. PLO Lumumba, called on leaders across Africa to leverage huge resources domiciled on the continent to invest in the future of unborn generations by investing more within the continent, noting that sovereign funds should be invested within and not outside Africa.
He said it is an intergenerational duty for political and economic leaders on the continent to cater for generations yet unborn, adding that Africa’s resources are inexhaustible, hence leaders must invest in the future of generations to come.
Also present at the event were Minister of Industry, Trade and Investment, Dr Jumoke Oduwole; President/CEO of Africa Finance Corporation, Mr Samaila Zubairu; CEO & Special Representative of the UN Secretary General for Sustainable Energy for All and Co-Chair, UN-Energy, Ms Damilola Ogunbiyi; Chairman of Federal Inland Revenue Service, Mr Zacch Adedeji; CEO of Africa50, Mr Alain Ebonisse, and Director General, International Solar Alliance, Mr Ashish Khanna, among others.
At 4th ASIF Meeting, President Tinubu Demands Collective Action To Develop Africa
National News
FG To Invest $220m In Creating Job Opportunities For Young Nigerians

FG To Invest $220m In Creating Job Opportunities For Young Nigerians
*We’re bridging transition gap between learning and earning for thousands of graduates, says VP Shettima
By: Our Reporter
The Nigerian government has concluded plans to invest $220 million in creating employment opportunities for young Nigerians.
The initiative is to be spearheaded in collaboration with the European Union (EU) and United Nations Development Programme (UNDP) through the second phase of the Nigeria Jubilee Fellows Programme (NJFP) 2.0 aimed at connecting high-potential graduates with real-world work experience, training, and mentorship.

The Vice President, Senator Kashim Shettima, who disclosed on Wednesday when he formally flagged off the NJFP at the Presidential Villa, Abuja, said the goal is “to bridge the transition gap between learning and earning for thousands of young Nigerians; graduates who have the education, but not always the opportunity.”
According to him, this will translate the nation’s demographic strength “into productive economic power, proving that when government provides structure, partnership, and purpose, young Nigerians rise to the occasion.”
The VP noted that while the NJFP is a Nigerian programme shaped by national priorities and guided by the nation’s sense of purpose, the administration of President Bola Ahmed Tinubu is determined to deepen the ownership by embedding the programme into government’s national planning and budgeting frameworks.
He stated: “This government will do its part — by ensuring that our financial commitment to the programme reflects our belief in its transformative potential. But national ownership must also mean national participation.

“As we launch NJFP 2.0 today, I call on our partners — from the private sector, the development community, and the donor ecosystem — to join us in building the NJFP Basket Fund, a sustainable financing mechanism to secure the programme’s future.
“Our immediate goal is to raise $220 million, not as charity, but as an investment in the nation’s most valuable asset: our young people.”
VP Shettima implored the EU, the UNDP and other partners to consider the flag-off of the programme as an opportunity to prove that “youth employment is not just a policy priority but a shared responsibility.”
He observed that when resources are pooled and intentions are aligned in the course of building together, a multiplier effect is created that benefits the nation’s economy.
The Vice President acknowledged the contributions of the EU and the UNDP, noting that their belief in Nigeria’s youth has demonstrated what could be achieved through collaboration.
He said it was now time for Nigeria, through its public institutions, private sector champions, and philanthropic community to lead from the front, even as he maintained that inclusivity is key to driving the process.
His words: “As we scale NJFP 2.0, inclusivity remains at the heart of our design. We recognise that our young people are not a single story. They live in different realities, across regions, genders, and social backgrounds.
“Therefore, this next phase will intentionally reach every corner of the country, aligning placements with the sectors that will define our economic future: agriculture, renewable energy, digital technology, manufacturing, and the creative industries.”
Senator Shettima expressed hope that the second phase of the NJFP would turn out to be a success story “of how Nigeria turned its demographic advantage into a generation of productive citizens — creating jobs, building enterprises, and shaping the future of our great nation.

“The task before us is both serious and inspiring. The young Nigerians we seek to serve are not asking for handouts — only for a fair system that recognises effort, rewards merit, and provides opportunity. They are ready to build if we are ready to back them,” he added.
For his part, the Minister of Youth Development, Comrade Ayodele Olawande, described the NJFP 2.0 as a continuation of the federal government’s success in youth empowerment.
He noted that since the programme began in 2021, it has helped over 13,000 youths to gain skills, assuring that the initiative will build on its progress and achieve its long-term goal of placing 100,000 youths in jobs within five years.
In her welcome address, the Resident Representative of the United Nations Development Programme (UNDP) in Nigeria, Ms. Elsie Attafuah, said the generous funding from the European Union and implementation support from the UNDP, over the years, are aimed at connecting potential to opportunity.
She noted that the vision behind the NJFP has come to light, resulting in over 40,000 Nigerians being placed in various economic sectors.
She stressed that millions of Nigerians need the NJFP platform to thrive in today’s economy.
Also, the European Union Ambassador to Nigeria, Gauthier Mignot, said the EU was looking forward to seeing the NJFP 2.0 programme integrated into Nigeria’s governance agenda to ensure its sustainability.
Delivering the keynote address titled “Building a National Workforce for the Future,” the CEO of Sterling Bank, Abubakar Suleiman, emphasized that millions of Nigerians can perform the jobs currently being outsourced to foreign companies if they are given the right opportunities, such as those provided under the NJFP programme.
He urged relevant authorities and stakeholders not to ignore the millions of Nigerians who, without support, may never transition from graduates to gainful employment.
FG To Invest $220m In Creating Job Opportunities For Young Nigerians
National News
CAIDOV Calls on NBA to Take Action Against Nnamdi Kanu’s Lawyer, Aloy Ejimakor, Over Professional Misconduct

CAIDOV Calls on NBA to Take Action Against Nnamdi Kanu’s Lawyer, Aloy Ejimakor, Over Professional Misconduct
By: Michael Mike
The Centre Against Injustice and Domestic Violence (CAIDOV) has called on the Nigerian Bar Association (NBA) to take immediate disciplinary action against Mr. Aloy Ejimakor, counsel to the detained leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, for alleged professional misconduct relating to his participation in the recent “Free Nnamdi Kanu” protest in Abuja.
In a statement signed by the group’s Executive Director, Comrade Gbenga Soloki, CAIDOV condemned the lawyer’s appearance and participation at the protest ground, describing it as a clear breach of professional ethics and a violation of the Rules of Professional Conduct (RPC) for Legal Practitioners 2023, particularly Rule 33, which deals with sub judice statements.
Soloki said, according to the rule: “A lawyer or law firm engaged in or associated with the prosecution or defence of a criminal matter, or associated with a civil action shall not, while litigation is anticipated or pending in the matter, make or participate in making any extra-judicial statement that is calculated to prejudice or interfere with, or is reasonably capable of prejudicing or interfering with, the fair trial of the matter or the judgment or sentence.”
He stated that by joining a public protest concerning a case he is directly handling, Ejimakor acted in a manner that could influence public perception and potentially compromise the impartiality of the court.
“The law expects that lawyers argue their cases in court, not on the streets, in protest grounds, or on media platforms. Mr. Ejimakor’s participation in the protest is tantamount to trying to sway public opinion and, by extension, the court’s view on a matter still under adjudication,” he said in the statement.
He further emphasised that the legal profession demands discipline, restraint, and respect for judicial processes, warning that “emotions must never override ethics.”
“This act by Mr. Ejimakor amounts to professional misconduct. The law is not emotional, and every lawyer is bound by its standards, regardless of who their client is,” he added.
CAIDOV therefore urged the law enforcement agencies to investigate the lawyer’s actions to determine if his involvement in the protest constituted a breach of national security or contempt of court.
Similarly, the group called on the Nigerian Bar Association’s Disciplinary Committee to review Ejimakor’s conduct and impose appropriate sanctions to preserve the integrity and credibility of the legal profession.
“Mr. Ejimakor made a very big mistake by publicly protesting for a client in a case he is handling. The NBA must take swift disciplinary measures to send a clear message that professional ethics cannot be compromised,” the group said.
CAIDOV Calls on NBA to Take Action Against Nnamdi Kanu’s Lawyer, Aloy Ejimakor, Over Professional Misconduct
National News
Nigeria Reaffirms Commitment to Climate Action and Just Energy Transition at Landmark Regional Conference

Nigeria Reaffirms Commitment to Climate Action and Just Energy Transition at Landmark Regional Conference
By: Michael Mike
Nigeria has reaffirmed its leadership in tackling climate change, pledging bold action on climate resilience and a just energy transition.
At the opening of the inaugural WASCAL International Conference on Climate Change and Just Energy Transition
(I3C-JET), the Federal Government signaled its commitment to driving Africa’s clean energy future.
Minister of Environment, Balarabe Abbas Lawal, emphasized that while Africa contributes the least to global carbon emissions, the continent is determined to lead through equity, innovation, and sustainable development.
Held in Abuja, the three-day conference brought together a wide array of participants from across Africa and beyond including policymakers, scientists, investors, civil society, youth, academia, and development partners.

In his address, Lawal highlighted the continent’s disproportionate exposure to climate impacts and stressed the urgency of locally driven solutions that are inclusive and equitable.
“The world is watching Africa. Even though we are not major contributors to global warming, our resolve to be part of the solution remains firm and inspiring. Africa is ever ready to serve as architects of a new energy paradigm built on equity and innovation,” he said.
He reiterated Nigeria’s ambitious climate and energy goals, noting that the country’s Energy Transition Plan serves as a guiding framework to reach net-zero emissions by 2060 while expanding energy access across communities.
“Nigeria’s commitment to a Just Transition is clear, deliberate, and rooted in our belief that no one should be left behind in the journey toward a low-carbon and climate-resilient future. Through a developed Energy Transition Plan, we aim to achieve net-zero emissions by 2060 while ensuring universal access to modern energy by 2030.”
Lawal called on stakeholders present to move beyond rhetoric and push for real, scalable change.
“I urge us all to move beyond declarations to translate our shared vision into actionable frameworks that empower communities, protect livelihoods, and unlock the enormous opportunities of the green economy.”
The Minister further encouraged delegates to use the conference as a springboard for lasting partnerships and science-informed policies that drive real-world impact.
“Let us harness the wealth of knowledge, research, and innovation represented here to generate practical solutions and evidence-based strategies that will not only drive sustainable development but also enhance resilience across our communities.”
He praised WASCAL and the National Organizing Committee for convening the timely summit and stressed the importance of pan-African and global collaboration.
“Nigeria values WASCAL as a trusted partner in strengthening climate science capacity across West Africa. Together, we are building a foundation for a resilient and low-carbon future that speaks to our realities. I would like to seize this opportunity to call on all participants to use this conference as a platform to deepen dialogue, strengthen partnerships, and translate scientific research into actionable policies that will transform our societies and safeguard our shared future.”
Speaking in his capacity as Chairman of WASCAL’s Governing Board and Nigeria’s representative on the Board, Professor Chinedum Nwajiuba echoed similar sentiments, describing Nigeria as a key trigger point for Africa’s climate solutions.
“We can therefore imagine that for Africa to shoot down her challenges, Africa’s gunshots have to be triggered here in Nigeria. In several ways, that is what this conference represents to trigger Africa’s scientific and intellectual communities, in alliance with her political leadership and global partners, for evidence-based responses to climate change and just energy transition.”
Prof. Nwajiuba highlighted the gap in African scientific contribution to global climate discourse and called on WASCAL to lead in closing that divide.
“It can be said that Africa’s scientific contributions should be more than is currently the case. If we look at the intercontinental contributions to the Intergovernmental Panel on Climate Change (IPCC), it becomes clear that African scientists need to do more.
I also believe there is no better-positioned body than WASCAL to lead this charge. I therefore appeal to all stakeholders in and outside Africa to support WASCAL to drive Africa’s voice in global climate science.”
Referencing the dual threats of flooding and water scarcity in the region, Nwajiuba proposed a bold solution: re-channel floodwaters from the Niger and Benue rivers to help replenish the shrinking Lake Chad.
“We have dual challenges historically-supported reducing Lake Chad, and increased frequency of flooding. Sometimes I imagine, why can’t we arrest the floods on and around the Niger and Benue, and re-channel that into Lake Chad? Why indeed can’t we do that? These are the kinds of bold, science-backed ideas we must begin to seriously consider.”
He emphasized that the I3C-JET conference is more than just another event it is a call to action.
“That is also in line with the idea of this conference to trigger thought backed by science, to trigger evidence to engage policymakers, to trigger action to address current and future challenges.
WASCAL has committed to taking the outcomes of this conference beyond these rooms, and we hope to deliver policy and action briefs to our stakeholders, consistent with our third mandate, which is the provision of climate services.”he added.
Also addressing the gathering, WASCAL Executive Director, Prof. Emmanuel Ramde, reaffirmed the organization’s mission of advancing climate resilience through research, training, and regional cooperation.
“At WASCAL, our mission remains clear: to strengthen the resilience of West African countries against climate change through capacity building, research excellence, and climate services. Since our establishment, we have graduated over 700 Master’s and PhD holders, set up a world-class Competence Centre in Ouagadougou, and continue to drive regional climate services that empower communities, farmers, and governments to make informed choices.”
He emphasized the need for member countries to take ownership of the WASCAL agenda for long-term sustainability and impact.
“Despite our progress, we must acknowledge a growing need for greater ownership of WASCAL by its member countries. WASCAL belongs to West Africa—it is not just a programme; it is our shared legacy. Only through collective ownership, shared responsibility, and sustained investment by African governments can we ensure the long-term impact, sustainability, and autonomy of this vital institution.”
Prof. Ramde positioned the I3C-JET conference as a catalytic platform to influence policy, connect sectors, and inspire innovation.
“This conference, I3C-JET, is not just an event—it is a movement. It provides a unique and much-needed platform for dialogue between science, policy, and society to bridge knowledge gaps, exchange bold ideas, and co-create actionable solutions for climate resilience and energy justice in Africa.”
He closed by acknowledging the collaborative spirit that made the conference possible.
“This gathering would not have been possible without the unwavering support of our partners from the German Federal Ministry of Research, Technology and Space, whose consistent backing has shaped WASCAL’s evolution, to Barani Meteo Innovations from Slovakia, who came all the way to share their climate monitoring technologies.
Let us remember: climate resilience is a global goal. Our success lies in how well we collaborate, learn from each other, and build together—from West Africa to the world.”
Nigeria Reaffirms Commitment to Climate Action and Just Energy Transition at Landmark Regional Conference
-
News2 years ago
Roger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
-
Opinions4 years ago
THE PLIGHT OF FARIDA
-
Opinions4 years ago
POLICE CHARGE ROOMS, A MINTING PRESS
-
News2 years ago
EYN: Rev. Billi, Distortion of History, and The Living Tamarind Tree
-
ACADEMICS2 years ago
A History of Biu” (2015) and The Lingering Bura-Pabir Question (1)
-
Columns2 years ago
Army University Biu: There is certain interest, but certainly not from Borno.
-
News6 months ago
FAILED COUP IN BURKINA FASO: HOW TRAORÉ NARROWLY ESCAPED ASSASSINATION PLOT AMID FOREIGN INTERFERENCE CLAIMS
-
Opinions2 years ago
Tinubu,Shettima: The epidemic of economic, insecurity in Nigeria