News
AT DELTA STATE ECONOMIC AND INVESTMENT SUMMIT 2026:
AT DELTA STATE ECONOMIC AND INVESTMENT SUMMIT 2026:
VP Shettima Encourages Cycle Of Competition Among States For Growth, Prosperity
**Attributes subnationals’ proactive economic awakening to President Tinubu’s stronger economic reset
By: Our Reporter
The Vice President, Senator Kashim Shettima, has endorsed the healthy cycle of competition among the 36 states of the federation, saying it is necessary to actualise Nigeria’s quest for prosperity, economic growth, human dignity, and job opportunities.
This, he said, is evident in the quality and ambition of the investment summits organised by the states across the country, emphasising that the nation’s strength lies in the proactive economic awakening of its subnational governments rather than just the government at the centre.

Senator Shettima, who stated this on Monday in Asaba, the Delta State capital, during the state’s Economic and Investment Summit 2026, reiterated the need for states to transition from basic asset documentation to practical execution and job creation.
“The cycle of competition among our states is now evident in the quality and ambition of the investment summits convened across the federation. Every state possesses immense promise, but each must define a trajectory unique to its history, geography, people and comparative advantage.
“This is the race we must welcome: a race that proclaims growth rather than conflict, a race in which the prize is employment, prosperity and human dignity, a race for the future,” he said.

The Vice President stated that the cycle of competition among states as well as the attendant economic and investment summits stems from the strong economic foundation laid by President Bola Ahmed Tinubu, which has increased federal allocations for local development.
His words: “This season of summits owes itself to two developments. The first is the stronger foundation laid by the economic reset of His Excellency, President Bola Ahmed Tinubu, GCFR, which has placed far larger allocations in the hands of state governments to pursue their internal development agendas.
“The second is that no state wishes to be trapped in the dilemma of having money but not knowing how to spend it. For rescuing us from that dilemma, I believe Mr President deserves a round of applause.”

VP Shettima recalled the promise made by the Tinubu administration to place the nation on the path of growth, noting that it is the reason each meeting had become “another platform for turning that promise into enterprise.”
Noting that every host state contributes to the nation’s commercial ambition, he said, “One highlights agriculture, another minerals, technology, ports, energy or tourism. In that healthy rivalry, Nigeria discovers the full measure of her wealth.”
The Vice President acknowledged that Nigeria is currently on the right path in its growth and development trajectory, citing the reports of international ratings agencies like Fitch, S&P and Moody’s as confirmation of what he described as the nation’s “direction of travel.”
He applauded Delta State Governor Sheriff Francis Orohwedor Oborevwori’s “bold leap towards a greater Delta and for creating a platform that matches the ambition of his people,” stressing that the state has advantage that is larger than its oil wealth.
The state’s advantage, the VP noted, lies in its conviction behind the economic and investment summit “that the future of a people cannot be deposited in a single commodity.
“Diversification is an instinct of economic self-preservation and a measure of the quality of leadership. A government that prepares for life beyond oil understands that resources may finance progress, but only ideas, institutions and enterprise can sustain it,” he added, expressing confidence in Governor Oborevwori’s ability to lead “Delta into a new era of productive expansion.”
VP Shettima assured investors, entrepreneurs, financiers, captains of industry, innovators and development partners at the summit that the federal government “stands ready to support credible investments, strengthen enabling institutions and work with the state to remove obstacles to enterprise.”
Earlier, Governor Oborevwori said the summit is the result of the bold step he took last year when he led his cabinet members to China and Brazil to harness investment opportunities for Delta State.
He noted that the summit is designed to connect ideas with capital and maximize the comparative advantages inherent in the state’s socio-economic potential.
He thanked the Vice President for the honour of gracing the summit, lauding his exemplary leadership and the vital role he is playing in advancing the nation’s collective good.
Also speaking, the Governor of Anambra State, Prof. Charles Soludo, expressed solidarity with his Delta State counterpart, agreeing that from a macroeconomic standpoint, Nigeria has stabilized and is now on the rise.
He, however, maintained that Nigeria will require foreign capital to thrive, even as he called for networking among stakeholders, adding that “deals are the real thing” at any economic summit.
On her part, Director-General of the World Trade Organization, Dr. Ngozi Okonjo-Iweala, congratulated the state governor on the developmental strides his administration is making, observing that despite the current global disruptions, there are significant opportunities for Delta State, Nigeria, and the entire African continent to maximize.
The former Finance Minister called for fiscal prudence, lower trade costs, improved execution, and a stronger maintenance culture in the state and Nigeria at large.
For his part, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, said states and local governments are now receiving unprecedented revenues due to President Tinubu’s Renewed Hope Agenda, which has helped to establish macroeconomic stability.
He called on states and entrepreneurs to play their respective roles in driving the nation’s shared prosperity.
For his part, Founder and Chairman of Heirs Holdings, Chief Tony Elumelu, congratulated the governor on his efforts to develop the state, saying Delta State is now safe and hospitable for investment.
He promised to partner with the state government to make electricity distribution more accessible and affordable for the people.
For his part, the Guest Speaker, Prof. P.L.O. Lumumba, urged stakeholders to recognize that oil and all of Africa’s assets must be fully utilized.
He called on Africa to move towards a “symbiotic relationship” with foreign jurisdictions rather than “parasitic relationships,” stressing that Africans should be seen as investors, while Brazil, China, Europe, and the United States should be regarded as partners of goodwill.
AT DELTA STATE ECONOMIC AND INVESTMENT SUMMIT 2026:
News
Athena Raises Alarm Over ‘Shrinking Democratic Space’ as EFCC Action, Campaign Fees Trigger Electoral Concerns
Athena Raises Alarm Over ‘Shrinking Democratic Space’ as EFCC Action, Campaign Fees Trigger Electoral Concerns
By: Michael Mike
Concerns over Nigeria’s electoral environment have intensified following warnings by the Athena Election Observatory that recent actions by public institutions, though within their legal mandates, could undermine confidence in democratic competition if not guided by stronger safeguards.
The election monitoring body, in a statement on Thursday, cautioned that the exercise of state power during election periods must be balanced with the need to protect political participation, institutional neutrality and public trust.
The warning comes after the Economic and Financial Crimes Commission (EFCC) restricted access to an account belonging to the Osun State Government on Aug. 5, as part of an investigation into alleged diversion of public funds — a move that attracted controversy because it occurred just days before the Aug. 15 Osun governorship election.
The Osun State Government has denied any wrongdoing.
President Bola Tinubu later directed the EFCC to take steps to reverse the restriction, while maintaining that the anti-graft agency remained independent.
Athena described the President’s intervention as a significant corrective action but said the episode exposed a deeper institutional challenge: the need for public agencies to anticipate how the timing and impact of their decisions may affect perceptions of electoral fairness.
The group stressed that anti-corruption investigations must not be suspended because of elections, noting that public resources must remain protected and institutions must continue to perform their statutory duties. However, it argued that actions capable of affecting an election environment require exceptional judgement, transparency and safeguards against unintended political consequences.
According to the Observatory, “legal authority should be accompanied by necessity, proportionality, transparency and safeguards against avoidable electoral disruption.”
The group’s concerns extended beyond the Osun development to controversial campaign advertising fees announced by Abia and Anambra States, which it said could create financial barriers capable of limiting political competition.
In Abia State, campaign advertising permit charges reportedly introduced by the state signage agency require presidential candidates to pay ₦200 million, governorship candidates ₦150 million, senatorial candidates ₦100 million, House of Representatives candidates ₦50 million and State House of Assembly candidates ₦20 million.
Anambra State has also announced advertising permit fees of ₦50 million for presidential candidates, ₦20 million for senatorial candidates, ₦5 million for House of Representatives candidates and ₦1.5 million for State House of Assembly candidates.
The regulations reportedly cover not only traditional outdoor advertisements such as billboards and posters but also branded materials, public address systems, rallies and other campaign-related activities.
Athena argued that while state governments have the authority to regulate public spaces, environmental standards and outdoor advertising, such powers must not become tools for imposing additional hurdles on electoral participation.
The group highlighted the financial implications of the Abia charges, noting that the fees consume a substantial portion of candidates’ legally permitted campaign spending limits under the Electoral Act 2026.
It pointed out that a ₦20 million permit fee for a State House of Assembly candidate represents one-fifth of the ₦100 million statutory expenditure limit for that election, before candidates spend money on campaign materials, logistics, mobilisation and other activities.
The Observatory warned that such requirements could disproportionately affect smaller political parties and less wealthy candidates, potentially strengthening the influence of money in politics rather than reducing it.
“Campaign expenditure limits are intended to restrain the influence of money and promote fair competition,” the group said, arguing that state-imposed political fees that consume a significant portion of those limits work against that objective.
Athena maintained that Nigeria’s democratic framework is built on the principle that elections should be governed by transparent and uniform rules, rather than additional conditions created by administrative authorities.
It called on Abia and Anambra States to withdraw candidate-specific campaign advertising fees and instead apply ordinary advertising regulations that are content-neutral and applicable to all users of public spaces.
The organisation also urged the Independent National Electoral Commission (INEC) to issue national guidance clarifying that state and local regulatory powers cannot be used to introduce new conditions for participation in elections conducted under the Constitution and Electoral Act.
Athena said its position was not based on the interests of any political party, candidate or government involved in the controversies, but on protecting the integrity of Nigeria’s democratic institutions.
“Accountability, regulation and democratic competition should reinforce one another,” the group said. “Administrative power must not shrink democratic space.”
The warning comes as Nigeria approaches a new cycle of major elections, with civil society organisations increasingly urging state institutions to ensure that enforcement actions, regulations and administrative decisions are applied in ways that preserve public confidence in the neutrality of government institutions.
Athena Raises Alarm Over ‘Shrinking Democratic Space’ as EFCC Action, Campaign Fees Trigger Electoral Concerns
News
Berom Militia Killed four Fulani Harders, shots 25 Cattle in Fresh Attack in Plateau’s Riyom
Berom Militia Killed four Fulani Harders, shots 25 Cattle in Fresh Attack in Plateau’s Riyom
By Zagazola Makama
Four herders have been brutally killed and two others injured in a deadly attack by suspected Berom militia in Wereng Community of Riyom Local Government Area of Plateau State.

Intelligence sources told Zagazola Makama that troops of Sector 6 under Operation Enduring Peace responded at about 2:00 p.m. on Aug. 6 following reports of gunshots around Wereng Community.

On arrival, the troops combed the area and discovered the bodies of three herders, while two other victims were found with gunshot wounds and rescued.
The sources said the troops also found that 14 cattle had been killed during the attack, while another 11 cattle sustained gunshot injuries.
Preliminary investigations indicated that the affected herders were from Gwarim Community in Riyom Local Government Area and were allegedly attacked by suspected Berom militia operating from Angwan Wereng Community.

The bodies of the deceased were recovered by the troops, while the injured herders were evacuated to the Jos University Teaching Hospital (JUTH) for medical treatment.
Security sources said troops have intensified efforts to identify and apprehend those responsible for the attack.
They added that security personnel have continued to dominate the area to prevent any reprisal attack and maintain law and order as investigations into the incident continue.
Berom Militia Killed four Fulani Harders, shots 25 Cattle in Fresh Attack in Plateau’s Riyom
News
CP calls on residents to support security agencies in Yobe
CP calls on residents to support security agencies in Yobe
By: Yahaya Wakili
Yobe State Commissioner of Police, CP Usman Kanfani JJibrin, PSC, MSPSP, SM. ICM has called on residents of Yobe State to continue supporting security agencies by providing timely, credible, and actionable information.
He said the prevailing peace and security in the state can only be sustained through mutual trust, collaboration, and coordinated efforts among all security agencies.
CP Usman Kanfani Jibrin revealed this while receiving the newly posted state commandant of the Nigeria Security and Civil Defence Corps (NSCDC), CC Hassan Owuna, at his office.
He maintained that the command’s unwavering commitment to fostering stronger inter-agency collaboration through intelligence-led policing, joint security building, and other coordinated strategies aimed at preventing and combating crime, protecting critical national assets, and ensuring the safety of lives and property across the state.
Earlier, the NSCDC Yobe State Commandant, CC Hassan Owuna, reaffirmed his commitment to strengthening the existing partnership between the police command and the NSCDC in Yobe State.
He emphasised the need for sustained cooperation, intelligence sharing, and operational synergy among security agencies to effectively address emerging security challenges and enhance public safety.
CC Owuna expressed appreciation for the warm reception accorded to him and his members of his management team.
CP calls on residents to support security agencies in Yobe
-
News2 years agoRoger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
-
Opinions4 years agoTHE PLIGHT OF FARIDA
-
News1 year agoFAILED COUP IN BURKINA FASO: HOW TRAORÉ NARROWLY ESCAPED ASSASSINATION PLOT AMID FOREIGN INTERFERENCE CLAIMS
-
News2 years agoEYN: Rev. Billi, Distortion of History, and The Living Tamarind Tree
-
Opinions5 years agoPOLICE CHARGE ROOMS, A MINTING PRESS
-
ACADEMICS2 years agoA History of Biu” (2015) and The Lingering Bura-Pabir Question (1)
-
Columns2 years agoArmy University Biu: There is certain interest, but certainly not from Borno.
-
Politics1 year ago2027: Why Hon. Midala Balami Must Go, as Youths in Hawul and Asikira/Uba Federal Constituency Reject ₦500,000 as Sallah Gift
