National News
At 4th AU Forum, VP Shettima Urges Integration Of Informal Economy Into Formal Intra-African Trade Framework
At 4th AU Forum, VP Shettima Urges Integration Of Informal Economy Into Formal Intra-African Trade Framework
** Demands strong MSME ecosystem for Africa’s prosperity
** Says Nigeria is deepening investments to expand capacity of small businesses
By: Our Reporter
The Vice President, Senator Kashim Shettima, has said Africa’s future economic success depends on its ability to integrate the informal sector into the formal intra-African trade framework, particularly through the African Continental Free Trade Area (AfCFTA).
According to him, the promise of a better future for Africa does not depend on the skyscrapers being constructed in capitals of nations or the transactions in stock exchanges but lies in the reality that the “potential of the informal sector, which accounts for nearly 90 percent” of the continent’s workforce, must be harnessed.
Senator Shettima, who stated this on Monday when he declared open the 4th African Union Micro, Small and Medium Enterprises (MSMEs) Forum in Abuja, warned that if Africa fails to harness the potential in the informal sector for small businesses to grow, the continent would “keep going round the same cycle of despair.”
To achieve this, he demanded the integration of the informal economy into the fabric of formal intra-African trade, noting that this is the reason why small businesses have remained at the heart of policy formulation in Nigeria.
“Your Excellencies, distinguished delegates, there can be no African prosperity without a strong MSME ecosystem. This forum is a continental call to action. We owe it to ourselves, to our children, and to generations unborn, to integrate our informal economy into the framework of formal intra-African trade.
“I am confident that through our collaborative efforts, this forum will mark a turning point. We hope to see our shared aspirations translated into concrete actions that empower our MSMEs and propel Africa towards a brighter, more sustainable future,” VP Shettima told delegates and other participants at the forum.
Welcoming the delegates and participants to the forum, the Vice President conveyed President Bola Ahmed Tinubu’s message of assurance, of Nigeria’s hospitality, and the nation’s readiness to join other countries on the continent in learning from one another, as well as the determination to agree on the direction taken to effectively compete with the rest of the world.
He underscored the crucial role MSMEs play in the development and growth of Africa, observing that beyond employing millions of Africans, “they are engines of inclusive growth and effective tools for poverty alleviation.
“In Nigeria alone, MSMEs contribute a staggering 48 per cent to our national GDP and employ over 84 per cent of our workforce. They are a mirror to our future, and they explain why we are deepening our investments to expand the capacity of this sector,” Senator Shettima said.
Beyond building local infrastructure for entrepreneurial expansion, the Vice President implored African countries to entrench cross-border cooperation since their destinies are bound together as a continent.
He identified some of the obstacles confronting MSMEs in Africa to include limited access to affordable finance, describing this particular challenge as a recurring nightmare, just as he noted that with the African Continental Free Trade Area (AfCFTA), there is still hope.
“It costs our continent not just money—it costs us momentum. But we must find hope in the promise of the African Continental Free Trade Area (AfCFTA). This is why I am particularly excited about the theme of this forum—“Building Resilient MSMEs through Digital Innovation, Market Access & Affordable Financing for Africa.” The timing is perfect. The vision is clear,” he declared.
VP Shettima acknowledged what he termed a remarkable surge in digital adoption across Africa, saying technology is achieving what politics has struggled to actualise over the years.
He noted, however, that for the momentum to be sustained, policymakers must live up to their duties by “investing in robust digital infrastructure, bridging the digital literacy gap, and establishing regulatory frameworks that do not stifle innovation,” he said.
Regretting the continued dependence of MSMEs on traditional financial institutions, Shettima, however, expressed hope that change is unfolding, with fintech firms across Africa now using alternative data to assess creditworthiness and extend microloans to the previously excluded.
Earlier, the Deputy Chief of Staff to the President/Chairman of the Host Country Committee, Senator Ibrahim Hassan Hadejia, reiterated Nigeria’s commitment to a future where MSMEs are empowered to thrive.
“The forum signifies our shared commitment to a prosperous and inclusive future for Africa, a future where MSMEs have the opportunity not just to survive but to thrive. We gather here today under the theme of the Africa we want.
“It is our continental imperative and road map for unlocking the immense potential of our continent’s most vital engine—our MSMEs. An investment in our MSMEs is a direct investment in a prosperous, inclusive and self-reliant Africa,” he said.
In setting the tone for discussions at the forum, the Special Adviser to the President on Job Creation and MSME, Mr Temitola Adekunle-Johnson, highlighted the significance of the forum, particularly in addressing challenges faced by budding entrepreneurs across the continent.
He underscored the need for stakeholders across the continent to collaborate and capitalise on the potential of Africa’s youthful and energetic population to transform the region’s economic landscape.
In his remarks, Director General of the Small and Medium Enterprises Development Agency (SMEDAN), Mr Charles Odii, applauded the support and commitment of Vice President Shettima and Chairman of the National Council for MSME to the transformation and growth of the MSME sector in Nigeria, highlighting key initiatives supervised by his office since the inception of the current administration.
He emphasised the need for Nigerians to always patronise home-grown products as part of the concerted efforts to support local manufacturers and MSMEs.
On his part, the Managing Director of the Bank of Industry, Dr. Olasupo Olusi, said interventions and targeted engagements through the bank have, over the years, helped in knowledge growth and adoption of digital tools by MSMEs, noting that the initiatives have impacted growth in the sector.
Also speaking, the Head of Cooperation at the Delegation of the European Union to Nigeria and ECOWAS, Mr. Massimo De Luca, stated that access to finance remains a pressing challenge for businesses in the region, especially MSMEs.
He disclosed that the European Union has committed about €1.1 billion in support of the African Union’s implementation of AfCFTA.
“Our EU initiative in support of the African Union in the implementation of the AfCFTA hovers around 1.1 billion euros. The African Continental Free Trade Area represents an unprecedented achievement towards realising Africa’s full economic potential and integration. The EU remains firmly committed to our partnership with Africa and ECOWAS for inclusive and sustainable industrial development across the continent,” he said.
Also, United Nations Development Programme (UNDP) Resident Representative in Nigeria, Ms. Elsie Attafuah, emphasised the need for enabling ecosystems to help MSMEs move from resilience to scalable impact.
She said, “Across our continent, MSMEs are the builders of local prosperity. They employ, they innovate, and they adapt, but they cannot thrive on resilience alone. They need ecosystems that work for them, platforms to commercialise innovation, access to working capital and markets both domestic and continental that recognise their value.”
On his part, Permanent Representative of the African Union Sixth Region Global (AU6RG) to Nigeria and ECOWAS, Ambassador Afolabi Oke, announced the appointment of Mr. Temitola Adekunle-Johnson, Special Adviser to the Nigerian President on Job Creation and MSMEs, as the Special Adviser to the AU 6th Region on Job Creation and MSME Development.
“The African Union Sixth Region Global is dedicated to representing and advocating for the African diaspora worldwide. As an extension of the African Union, we serve as the ‘Sixth Region,’ uniting people of African descent living outside the African continent and Friends of Africa,” Oke said.
On Nigeria’s export and industrialisation, the Managing Director of the Nigerian Export-Import Bank (NEXIM), Mr. Abubakar Abba Bello, reiterated the bank’s commitment to MSME financing as a strategic pathway to value chain development and AfCFTA success.
“There’s a need for Africa to look inward to develop its value chain. We need to facilitate the success of the AfCFTA, and this is dependent on boosting production,” he said.
At 4th AU Forum, VP Shettima Urges Integration Of Informal Economy Into Formal Intra-African Trade Framework
National News
Nigeria, UNESCO Launch World’s First Media and Information Literacy Institute in Abuja
Nigeria, UNESCO Launch World’s First Media and Information Literacy Institute in Abuja
By: Michael Mike
Nigeria has taken a significant step onto the global stage with the launch of the world’s first International Media and Information Literacy Institute (IMILI), a landmark initiative developed in partnership with United Nations Educational, Scientific and Cultural Organisation (UNESCO).
The institute was officially unveiled on Wednesday in Abuja by the Federal Ministry of Information and National Orientation, positioning Nigeria at the forefront of global efforts to strengthen media literacy, combat misinformation, and promote critical thinking in an increasingly complex digital age.
The establishment of IMILI marks a historic milestone not just for Nigeria, but for Africa and the international community, as it becomes the first UNESCO Category 2 Institute globally dedicated solely to Media and Information Literacy (MIL).
Speaking at the launch, UNESCO Assistant Director-General for Communication and Information, Mariya Gabriel, described the institute as a timely and transformative response to one of the defining challenges of the modern era — ensuring that access to information translates into informed, responsible, and empowered societies.
“In a world where the volume of information continues to grow exponentially, the ability to distinguish between reliable and misleading content has become essential,” she said.
IMILI is expected to serve as a global hub for research, innovation, and capacity development in media literacy. It will provide training for educators, policymakers, media professionals, and young people, equipping them with tools to critically engage with information, counter misinformation, and actively participate in democratic processes.
The institute will also support curriculum development, foster international collaboration, and connect Nigeria to a global network of expertise, reinforcing Media and Information Literacy as a universal public good.
UNESCO commended the leadership of President Bola Ahmed Tinubu for his vision and commitment in bringing the initiative to fruition. It also acknowledged the pivotal role played by the Minister of Information and National Orientation, Mohammed Idris Malagi, whose strategic leadership was described as instrumental in advancing the media literacy agenda in Nigeria.
The organisation further recognised contributions from key stakeholders, including the Nigerian National Commission for UNESCO, the UNESCO Abuja Office, and Nigeria’s Permanent Delegation to UNESCO, whose collaborative efforts ensured the successful establishment of the institute.
By hosting IMILI, Nigeria is sending a strong signal that Africa is not only responding to the challenges of the digital age but is actively shaping global solutions. With its vibrant media landscape, youthful population, and expanding digital ecosystem, the country is seen as uniquely positioned to lead this transformative agenda.
Beyond its institutional significance, the launch of IMILI represents a broader commitment to empowering citizens — not just to access information, but to understand, question, and use it responsibly.
As the institute begins operations, it is expected to serve as a catalyst for strengthening trust, promoting informed decision-making, and advancing democratic values across Nigeria, Africa, and the wider world.
Nigeria, UNESCO Launch World’s First Media and Information Literacy Institute in Abuja
National News
China Hands Over Landmark ECOWAS Headquarters in Abuja, as Leaders Call for Stronger West African Unity
China Hands Over Landmark ECOWAS Headquarters in Abuja, as Leaders Call for Stronger West African Unity
By: Michael Mike
The Government of China on Tuesday officially handed over the newly constructed headquarters complex of the Economic Community of West African States in Abuja, in a ceremony marked by strong appeals for unity, deeper integration, and renewed commitment to regional cooperation across West Africa.
The event brought together senior government officials, diplomats, and regional leaders, with speakers consistently framing the project as more than infrastructure—describing it as a strategic symbol of partnership, vision, and collective ambition for the sub-region.
President of the ECOWAS Commission, Omar Alieu Touray, described the occasion as a historic milestone, noting that it coincides with the bloc’s 50th anniversary.
“Today marks an important day for ECOWAS and we should all be glad to be witnesses to this momentous occasion marking the official handover of the New ECOWAS Headquarters Complex to the Commission,” he said, adding that the development comes at an opportune time in the organisation’s integration journey.
Touray clarified that the ceremony represents the completion and handover of the building, while the formal inauguration will take place later in the year. The commissioning is expected to be led by Sierra Leone’s President, Julius Maada Bio, in his capacity as Chairman of the ECOWAS Authority, alongside Nigeria’s President, Bola Ahmed Tinubu, and other heads of state.
Reflecting on the project’s origins, he recalled that the groundbreaking took place in October 2023 with funding support from China amounting to approximately $56.57 million.
“As you may recall, back in October 2023, we convened here for the groundbreaking ceremony of this complex… Today, two years after that initiation, we are gathered for the handover ceremony of this remarkable building,” he said.
Touray commended the speed and quality of delivery, noting: “Considering the time usually taken to complete infrastructure projects of this magnitude and complexity, the completion of this ECOWAS Headquarters Complex within two years is highly commendable and we should all applaud our Chinese brothers and sisters.”
He also extended appreciation to Chinese President Xi Jinping, represented by Ambassador Yu Dunhai, for what he described as a generous contribution to regional development, while acknowledging China’s broader support for ECOWAS peace and security operations, including assistance to the ECOWAS Standby Force.
Touray further thanked Nigerian authorities, including the FCT Minister Nyesom Wike, for their support in facilitating the successful execution of the project.
Chinese Ambassador Yu Dunhai, in his remarks, described the headquarters as a flagship project and a symbol of enduring China-Africa cooperation.
“This headquarter building stands as a milestone—it is China’s flagship aid project for ECOWAS and another headquarters for an international organization,” he said, comparing it to other major Chinese-supported institutional projects on the continent.
Affectionately called the “Eye of West Africa,” the ambassador said the structure was completed after “more than 1,200 days and nights of meticulous craftsmanship,” blending Chinese engineering expertise with West African cultural identity.
“The building harmonizes the excellence of Chinese architectural technique with the unique culture of West Africa,” he said, adding that it will strengthen ECOWAS’ operational capacity and serve as a platform for regional development.
Yu also situated the project within broader diplomatic context, noting that this year marks 70 years of China-Africa relations. He said China continues to support African modernization through initiatives such as the “Ten Partnership Actions,” expanded South-South cooperation frameworks, and zero-tariff access for African exports.
“We remain committed to a demand-driven approach that respects African autonomy and sovereignty, translating our support into tangible actions for Africa’s revitalization,” he said.
He reaffirmed China’s support for ECOWAS and praised its role in regional peace and integration, while also acknowledging Nigeria’s leadership in the partnership.
For Nigeria, the host nation, the project carries deep symbolic weight.
Minister of the Federal Capital Territory, Nyesom Wike, said the occasion represented far more than a physical handover.
“Today is not just about the handover of a building. Today marks the handover of a vision. A vision of partnership. A vision of regional solidarity. A vision of a West Africa that is prepared to build the institutions that will carry its future,” he said.
Wike described the headquarters as “more than concrete, steel, and glass,” calling it “a statement that cooperation still matters” and proof that diplomacy can still deliver tangible results.
He emphasized Abuja’s status as a diplomatic hub, noting: “Abuja is not only the seat of government; Abuja is the diplomatic capital of this nation, a meeting point of nations.”
He added: “Great institutions deserve worthy homes,” describing ECOWAS as a key expression of regional identity and hope.
Minister of State for Foreign Affairs, Bianca Odumegwu-Ojukwu, also framed the handover as a historic and symbolic moment.
“It is with profound honour and a deep sense of history that I stand before you today,” she said, describing the event as more than the commissioning of a building, but “the consolidation of a vision, a reaffirmation of unity, and a renewed commitment to peace and sustainable development.”
She highlighted ECOWAS’ role since 1975 in conflict prevention, peacekeeping, economic integration, and governance, stressing that the new headquarters would enhance institutional efficiency and coordination.
“This new Headquarters therefore symbolizes more than administrative convenience. It is a strategic asset that will enhance institutional effectiveness… and reinforce the capacity of the Commission to respond to emerging regional and global challenges,” she said.
Odumegwu-Ojukwu praised President Tinubu’s leadership in advancing regional integration and commended China for what she called a “remarkable gesture of goodwill,” adding that the project reflects “mutual respect, shared prosperity, and South-South cooperation.”
She also issued a strong call to member states:
“At a time when our region is confronted with complex challenges… our unity is not optional, it is imperative. We must continue to act in concert, speak with one voice.”
Across all speeches, a consistent message emerged: while the new headquarters represents a major infrastructural achievement, its true value will depend on the political unity and collective resolve of West African states.
As the ceremony concluded, leaders underscored that the building is not an end in itself, but a platform for the next phase of regional integration—one defined not by construction, but by cooperation.
China Hands Over Landmark ECOWAS Headquarters in Abuja, as Leaders Call for Stronger West African Unity
NDLEA, Customs Forge Alliance to Tackle Drug Trafficking
By: Michael Mike
The National Drug Law Enforcement Agency (NDLEA) and the Nigeria Customs Service (NCS) have formalized a strategic partnership aimed at strengthening border security and combating drug trafficking across Nigeria.
The agreement was reached during a high-level meeting at the NDLEA headquarters in Abuja on Monday, where a joint communiqué was signed by NDLEA Chairman, Buba Marwa, and the Comptroller-General of Customs, Bashir Adewale Adeniyi.
Both agencies acknowledged the growing sophistication of transnational organized crime, stressing that a coordinated institutional response is essential to effectively disrupt illicit drug networks.
Under the new framework, NDLEA and Customs will enhance intelligence sharing through a secure and structured platform designed to enable early detection and prevention of criminal activities. The collaboration will also see the deployment of joint task forces at key operational points, including seaports, airports, and land borders.
The agreement further seeks to eliminate operational overlaps and reduce inter-agency friction by clearly defining roles and respecting each agency’s legal mandate. A Standing Inter-Agency Committee will also be established to promptly address disputes and ensure smooth coordination.
Speaking on the development, both Marwa and Adeniyi emphasized that the partnership represents a critical step toward strengthening Nigeria’s security architecture while maintaining the efficiency of legitimate trade operations.
They reiterated their commitment to professionalism, mutual respect, and national interest, noting that aligning the capabilities of both agencies would create a more effective barrier against the trafficking of illicit substances.
The collaboration is expected to significantly boost enforcement efficiency at Nigeria’s entry and exit points, reinforcing ongoing efforts to curb drug-related crimes and safeguard public safety.
NDLEA, Customs Forge Alliance to Tackle Drug Trafficking
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