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

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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

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India High Commission, KADIFF Screen Short Movies in Abuja

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India High Commission, KADIFF Screen Short Movies in Abuja

By: Michael Mike

High Commission of India, in collaboration with the Kaduna International Film Festival (KADIFF) has organized a special short Movie Screening and Panel Discussion.

The event, which held at the Chancery premises, was inaugurated by High Commissioner Amb Abhishek Singh, and brought together a vibrant cross-section of participants from the diplomatic community, including Heads of Mission, members of the Nollywood fraternity, film professionals, cultural enthusiasts, influencers, and friends of India.

The evening featured the screening of two thought-provoking short films — the Indian short film “Good Morning”, and the Nigerian film “Not So Long a Letter”.

Following the screenings, a lively panel discussion was held on the theme: “Celebration of our rich cultural heritage and the need for collaboration.”

The panelists, including Swat Duniah-Adalumo – Moderator (Journalist), Dr. Ahmed Sarari (Filmmaker), Francis Duru (Actor/Filmmaker) and Stephnora Okere (Actress/filmmaker) exchanged insights on how cinema can deepen mutual understanding, promote cross-cultural narratives, and foster creative partnerships between the Indian and Nigerian film industries.

The initiative was part of the High Commission’s ongoing efforts to strengthen India-Nigeria cultural relations and promote Indian cinema through shared artistic expressions and storytelling traditions”

India High Commission, KADIFF Screen Short Movies in Abuja

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Non-kinetic team engages bandit leaders, communities in Birnin Gwari to strengthen peace initiative

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Non-kinetic team engages bandit leaders, communities in Birnin Gwari to strengthen peace initiative

By: Zagazola Makama

In continuation of non-kinetic peace engagements across the 1 Division area of operation, representatives of key security and peace institutions on Tuesday visited Kuyello and surrounding communities in Birnin Gwari Local Government Area of Kaduna State to sustain dialogue with repentant bandits and community leaders.

The visit, conducted on Nov. 11, was jointly led by representatives of the Office of the National Security Adviser (ONSA), and some Islamic clerics from the Kaduna State Peace Committee, with participation from 1 Division Nigerian Army, the Nigeria Police Force, and the Department of State Services (DSS).

According to sources, the team arrived Kuyello at about 11:30 a.m., where a meeting was held with key community stakeholders and repentant bandit leaders.

The Chairman of the committee urged the repentant bandits to remain committed to the peace agreement and desist from attacks, kidnappings, and preventing locals from accessing markets and farmlands.

He reminded them that the peace initiative was built on mutual trust and community safety.

During the engagement, the team learned of an unresolved conflict between vigilantes from Kompany village in the Layin Dan Auta area and residents of Layin Dan Lasa village, reportedly under the control of bandit leader Kachalla Risku.

The feud was traced to an earlier incident at a mining site on Oct. 16, 2025, where a Fulani local was killed and his weapon seized, leading to retaliatory attacks and kidnappings.

The sources noted that Risku agreed to release all kidnapped persons and return a police rifle in his custody.

However, he demanded the return of four motorcycles allegedly seized by locals during the October incident.

Community leaders, including the Hakimi, testified that the bandits had largely kept to their commitments under the peace accord, attributing the recent tensions to the refusal of residents of Layin Dan Auta to comply with the peace deal.

The team further stopped at Rikau and Rima villages during its return to Kaduna to meet other bandit leaders, including Kabiru and Dandukununu, who also pledged to uphold the peace agreement. Palliatives were handed over to them as part of confidence-building measures.

The delegation described the visit as successful, noting that it was aimed at preventing a relapse into violence and consolidating gains from the ongoing dialogue process.

At the end of the engagement, several resolutions were reached, including a directive for the Birnin Gwari Local Government Council and the Emirate Council to facilitate peace talks between the warring communities.

It was also resolved that all kidnapped victims in the custody of Risku be released immediately, while the police rifle held by his group should be handed over to security agencies without delay.

The team returned safely to Kaduna at about 7:50 p.m. after a hitch-free mission.

Non-kinetic team engages bandit leaders, communities in Birnin Gwari to strengthen peace initiative

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UNODC Heralds Stakeholders for Assistance to Victims of Revenge Porn

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UNODC Heralds Stakeholders for Assistance to Victims of Revenge Porn

By: Michael Mike

United Nations Office on Drugs and Crime, (UNODC) has heralded stakeholders to find way to assist victims of revenge porn.

The UNODC Nigeria Country Representative, Cheikh Touré while rallying stakeholders in the security sector to address the growing incidence of revenge pornography, at the opening of a three-day workshop on Cybercrime and Violence Against Women Through Information and Communication Technologies, (ICT), themed ‘Cyber-Interpersonal Violence: The Challenge of Responding to Revenge Porn,’ on Tuesday in Abuja, noted that cyber-violence of revenge porn is one of the most deeply personal forms of online harm that demands urgent attention to tackle because it tramples on human dignity and inflicts life-long emotional harm on victims.

Touré further said: “The non-consensual sharing of intimate images, commonly and painfully known as revenge porn is not just a technical issue, it’s not just a legal challenge, it is a profound violation of privacy, dignity, autonomy and security.

“It is a form of violence that leaves scars, not only on skins, but in lives and it is disproportionately affecting women though lets me be clear, it impacts men, young people and individuals from all walks of life. The trauma is universal, the devastation can be lifelong.”

The Country Representative stated that the United Nations Convention on Against Cybercrime, (UNCAC), also known as Hanoi Convention remains the key global legal instrument in combating all forms of cybercrimes as it has provisions that enable countries work together to fight the menace.

Touré, while urging participants to work together in understanding how to use the UNCAC to protect the public, said: “This workshop is not just about legal framework, this is about people, it’s about prevention, it’s about healing.

“It means closing jurisdictional gaps, so no perpetrator can hide behind borders and or technology. And overall, it means ensuring no survivor is left without justice, safety or support. And this is about building a Nigeria in a world where the digital space is not a battlefield for dignity, but a place where rights are protected.”

On her part, the Deputy Head of Mission of the Royal Norwegian Embassy in Nigeria, Kristin Wæringsaasen, said her government is solidly behind the UNODC, and willing to offer support to ensure the fight against the cybercrime of revenge porn and other cyber-violence are brought to a halt.

She said Norway’s partnership reflects a growing international commitment to addressing the complex challenges posed by technology-enabled violence.

Wæringsaasen said: “Digital technologies have transformed our societies in a profound way, they are open up new avenues for education, economic growth, civic engagement and global connectivity. But alongside these opportunities we are witnessing the emergence of new and deeply concerning forms of violence, particularly against women and girls.

“Cyber-related violence, including online harassment, exploitation and abuse, is not confined to virtual spaces, it has real world consequences, undermining safety, dignity and human rights. It’s enforcing existing inequalities and creates new barriers to participation, especially for women and girls.”

She however assured that Norway is proud to support UNODC, both globally and here in Nigeria through its development cooperation which aims to promote inclusive governance, human rights and the rule of law.

She said: “We believe that a strong and coordinated response to cyber-related violence is essential to achieving these goals. This workshop is an opportunity to share knowledge, strengthen institutional capacity and build a mutual sector response that is both effective and sustainable.

“It is also a chance to centre the voices of survivors, civil society and youth, whose experience and insights must guide our effort.”

UNODC Heralds Stakeholders for Assistance to Victims of Revenge Porn

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