News
AT UNGA 80: President Tinubu: Africa Must Begin To Finance Its Mineral Assets, Wield Power In Global Supply
AT UNGA 80: President Tinubu: Africa Must Begin To Finance Its Mineral Assets, Wield Power In Global Supply
** Pledges Nigeria’s commitment towards catalysing mineral-led renaissance under Renewed Hope Agenda
By: Our Reporter
President Bola Ahmed Tinubu, GCFR, has called for a complete overhaul of the global financial architecture governing Africa’s mineral resources, saying it was time for African nations to not only finance their own mineral sectors but also assert their influence and control over African products’ global supply chains.
This, the President stated, had become necessary if African nations’ sovereignty is to be protected, just as he recommended collective action by development allies and partners, to bring Africa’s mineral economy to reality for the benefit of the continent.

President Tinubu, represented by Vice President Kashim Shettima, called for these decisive actions at the Second Africa Minerals Strategy Group (AMSG) High-Level Roundtable on Critical Minerals Development in Africa, held on the margins of the 80th Session of the United Nations General Assembly, New York City.
“We must take the bull by the horns in financing our future. Never again shall we wait for capital to trickle in. With sovereign funds, blended vehicles, and innovation tools like the Africa Mineral Token, Africa shall finance Africa. To safeguard this sovereignty, we must guard our cobalt, lithium, graphite, gold, and rare earths not as fragmented states but as one continental bloc, wielding collective power in global supply chains,” the President submitted.

Pledging Nigeria’s commitment towards catalysing a mineral-led renaissance under the Renewed Hope Agenda, as exemplified back home, President Tinubu urged African leaders to end the “ignoble cycle” of importing finished goods through accelerated government-led mineral exploration.
To unlock Africa’s mineral economic future, the President said the objective will materialise based on four imperatives.
First, Tinubu urged African nations to climb the value chain, adding, “We must end the ignoble cycle of exporting rocks and importing finished goods. From beneficiation to green manufacturing, Africa must build industries on African soil.”
The President continued, “Second, I am proud to announce that with the African Minerals and Energy Resource Classification (AMREC) and the Pan-African Resource Reporting Code (PARC), we will no longer beg for geological knowledge of our own land. Africa’s data will be mapped, standardised, and owned by Africans.
“Third, data alone is not enough. We must accelerate government-led mineral exploration and national geological mapping.
“Without exploration, there is no sovereignty. Without mapping, there is no value. Every member state must prioritise country-wide surveys, strengthen geological agencies, and pool expertise through AMSG. For when Africa owns the map, Africa owns the future.”
Fourthly, President Tinubu urged African leaders to take the bull by the horns in financing Africa’s future. “With sovereign funds, blended vehicles, and innovative tools like the Africa Mineral Token, Africa shall finance Africa,” the President maintained.
The President demanded a collective demonstration of leadership while calling upon sovereign wealth funds, private partners, and development allies to join Africa in rewriting the story of Africa’s mineral economy.
“Nigeria, Uganda, Zimbabwe, Burkina Faso, Mali, Botswana, Gabon, and Ghana are already leading this new age of equal exchange, enforcing bans on the export of raw minerals to promote domestic beneficiation. Zimbabwe’s ban on raw lithium in 2022, Gabon’s decision to end manganese exports by 2029, and Kenya’s plan to restrict raw gold exports are historic acts of courage. Nigeria is accelerating similar reforms, for we know this is the road to jobs, to industries, and to prosperity,” the President said.

The President commended Nigeria’s Minister of Solid Minerals Development, Dr Dele Alake, who chairs the event, and the Secretary-General, H.E. Moses Michael Engadu of Uganda, for guiding Africa towards a path of productivity and pride.
The President concluded, “As Chair of this Roundtable, I pledge Nigeria’s unflinching commitment to ensuring that AMSG fulfils its promise of catalysing a mineral-led renaissance. Let us rise from this dialogue with a communiqué of clarity, a framework for action, and a spirit of unity.”
Earlier, Dr. Dele Alake while welcoming stakeholders and partners to the event called for cohesion amongst African nations saying with determined focus and a reinvigorated sense of partnership and transparency in the minerals sector, Africa will harness in all ramifications the total benefits of a sustained, deepened and well harmonised mineral sector, adding that, “these resources are indispensable for global sustainable development and remain catalyst for Africa’s rapid industrialisation”.
Speaking at the event, UN Assistant Secretary General and Regional Director, Africa UNDP, Ahunna Eziakonwa, urged African leaders to be cautious in terms of how they position themselves to make the most of the African resources for the people, rather than to be subjected to extreme exploitation, which is already happening, and being extracted without appropriate value.
She also emphasised the need for leaders in the continent to ensure partnership that delivers technology transfer, beneficiation, and creates jobs, saying ” there is a scramble and a lot of interest in Africa’s minerals, people are coming to partner, Africa can shape the quantum of that partnership and determine what works from the partnership.
Also, Mr Jozef Stkela, European Union Commissioner for International Partnership, said in the last few years, the European Union structured its approach, boosted, and secured its supply of critical raw materials.
He said that the EU adopted the Critical Raw Materials Act in 2024, to increase domestic production and diversify supply outside the European Union, saying “under this Act and our global gateways strategy, we have signed 14 strategic partnerships with the raw materials value chain of which four are in Africa.”
IN RELATED DEVELOPMENT
Meanwhile, Vice President Shettima has also held a roundtable hosted by the Business Council for International Understanding (BCIU) in partnership with the Flour Mills of Nigeria and other conglomerates, where he spoke about the investment opportunities in Nigeria and the ongoing economic reforms of President Tinubu’s administration.
The Vice President told investors that in President Tinubu, they have an ally, a friend, a colleague who grew up in the American ecosystem, who speaks their language and the language of business.
He said the Nigerian economy, given the super reforms of the President, had turned the corner and hence the mirific turnaround and positive figures cum stability, the Nigerian economy is experiencing. He charged investors to invest in the country as there had never been a time like now to invest in Nigeria, given the enabling environment and the ease of doing business now in Nigeria.
Similarly, VP Shettima held a bilateral meeting with the Chancellor of the Republic of Austria, Christian Stocker, at the UN Headquarters in New York, where both countries agreed to forge new ties and explore new ways of deepening their relationships.
AT UNGA 80: President Tinubu: Africa Must Begin To Finance Its Mineral Assets, Wield Power In Global Supply
News
Nigerian Children in Crisis ‘Fiscally Invisible’ as New Report Exposes Funding Failure
Nigerian Children in Crisis ‘Fiscally Invisible’ as New Report Exposes Funding Failure
…Study warns millions of children caught in conflict, displacement and hunger are being overlooked in government budgets; journalists launch accountability network to push for reforms
By: Michael Mike
Nigeria’s youngest and most vulnerable children are being failed by a financing system that does not even recognise them in public budgets, a new report has warned, raising fresh concerns over the country’s worsening humanitarian and human capital crisis.
The report, Financing Early Childhood Development in Crisis (ECDiC) in Nigeria: From Fiscal Invisibility to Child-Level Results, released in Abuja on Wednesday by the Moving Minds Alliance (MMA) in partnership with Whole Child Advisors, paints a grim picture of how children aged between zero and eight years living in conflict, displacement, climate emergencies and poverty are largely excluded from government financing despite overwhelming evidence that the early years determine a child’s lifelong prospects.
According to the report, Nigeria’s Human Capital Index stands at just 0.36, meaning a child born today is expected to achieve only 36 per cent of his or her productive potential because of poor health, inadequate nutrition and weak learning outcomes.
The findings come at a time when Nigeria continues to grapple with one of Africa’s largest humanitarian emergencies. Insurgency in the North-East, widespread banditry and communal violence across the North-West and North-Central, alongside climate-induced disasters and economic hardship, have displaced millions of people and disrupted access to healthcare, nutrition and education for children.
The report estimates that 4.9 million children require life-saving humanitarian assistance, while 3.6 million people were forcibly displaced in 2025. It also notes that about 31 million Nigerian children are under the age of five, with between 33.8 and 40 per cent suffering from stunting, an indication of chronic malnutrition that permanently affects brain development and future productivity.
It further revealed that severe acute malnutrition cases surged to about 1.8 million children in 2025, representing a 69 per cent increase over previous estimates, while Nigeria’s under-five mortality remains among the highest globally at 105 deaths per 1,000 live births.
Despite these alarming indicators, the report found that Early Childhood Development in Crisis (ECDiC) has no dedicated budget line in either federal or state budgets, effectively rendering vulnerable children “fiscally invisible.”
The analysis identified five major weaknesses responsible for the financing gap: the absence of dedicated budget lines, poor implementation of approved budgets, fragmented funding channels, recurrent expenditure that crowds out essential child services, and an uneven distribution of humanitarian resources heavily concentrated in Borno, Adamawa and Yobe, leaving crisis-hit communities in the North-West and North-Central with inadequate support.
The report noted that less than five per cent of education spending benefits early childhood or emergency learning programmes.
It concluded that the existing financing framework prioritises institutions rather than children’s actual needs.
“The system is built to fund structures, not children,” the report stated, warning that Nigeria cannot realise its human capital ambitions without creating a financing architecture capable of delivering predictable resources directly to frontline services supporting young children in emergencies.
To reverse the trend, the report recommended seven urgent reforms, including establishing a federal policy framework for Early Childhood Development in Crisis, introducing dedicated budget tags across federal and state budgets, protecting releases of funds, simplifying financing channels, expanding results-based financing tied to measurable child outcomes, redistributing resources according to vulnerability rather than geography, and creating a blended investment mechanism involving government, humanitarian agencies and philanthropic organisations.
Speaking at the launch, the Nigeria Early Childhood Development in Crisis Coalition Coordinator, Arome Agenyi, stressed that the future of millions of Nigerian children depends on decisions taken today.
He said: “Behind every successful adult is an early childhood story. The question is not whether children are developing; they are. The question is whether they are developing to their full potential. In this regard, the stories journalists choose to tell today can shape the policies, investments, and public actions that determine the future of millions of Nigerian children, especially those in crisis contexts across Nigeria.”
As part of efforts to sustain public attention on the issue, the Moving Minds Alliance also inaugurated the Nigerian chapter of the Reporters for Early Childhood in Humanitarian Crisis (REACH) Network, bringing together journalists committed to evidence-based reporting on children affected by humanitarian emergencies.
Global Co-Chair of the REACH Network, Mojeed Alabi, said children who are invisible in government budgets often become invisible in politics and public discourse.
“When children living through conflict, displacement, climate shocks and economic hardship become fiscally invisible, they also risk becoming politically invisible,” Alabi said.
“The launch of the REACH Network in Nigeria is a commitment by journalists to change that narrative. Through sustained, evidence-based reporting, we will amplify the voices of the youngest and most vulnerable children, hold leaders accountable for their commitments, and ensure that early childhood development remains at the heart of public policy and national development.”
Also speaking, Interim Director and Co-Chair of the Moving Minds Alliance, Dr. Katie Murphy, described the report as the clearest roadmap yet for reforming child financing in Nigeria.
“This new report gives us something we haven’t had before: a clear picture of where Nigeria’s investment in its youngest children in crisis is falling short, and exactly what it will take to close that gap,” she said.
Murphy added that the planned Act for Early Years Financing Summit in 2027 would seek commitments from governments, donors and development partners to move from fragmented financing to a system that delivers resources directly to children.
The coalition hopes that by 2028, both federal and state governments will have introduced dedicated ECDiC budget tags, released at least 70 per cent of allocated funds annually, and achieved measurable improvements in child development outcomes across local government areas.
For child development advocates, the report is more than a financial audit; it is a warning that unless Nigeria changes how it invests in children during their earliest years, particularly those growing up amid conflict and displacement, the country risks entrenching poverty, inequality and lost human potential for generations.
Nigerian Children in Crisis ‘Fiscally Invisible’ as New Report Exposes Funding Failure
Military
Establishment of Army Depot in South-East Reflects FG’s Commitment to National Unity, Security and inclusiveness– COAS
Establishment of Army Depot in South-East Reflects FG’s Commitment to National Unity, Security and inclusiveness– COAS
By Zagazola Makama
The Chief of Army Staff (COAS), Lt.-Gen. Waidi Shaibu, has said that the establishment of the Depot Nigerian Army in Amasiri-Edda, in Ebonyi State is a clear demonstration of the Federal Government’s commitment to national security, inclusiveness, national integration and balanced development across the country.
Shaibu made the remarks while addressing dignitaries during activities marking the inauguration of the newly established military training institution in Abakaliki, Ebonyi State.
According to the Army Chief, the depot, which is the first primary recruit training institution of the Nigerian Army in the South-East geopolitical zone, represents a strategic investment by President Bola Ahmed Tinubu’s administration in strengthening national security and promoting equitable distribution of critical national institutions.
“The establishment of this depot reflects the Federal Government’s commitment to national security, inclusiveness, national integration and balanced development,” Shaibu said.
He described the inauguration of the facility as a landmark achievement in the ongoing transformation of the Nigerian Army under President Tinubu, noting that it would significantly enhance the Army’s capacity to train professionally competent and combat-ready soldiers.
The COAS disclosed that the first set of recruits trained at the new depot would graduate the following day, describing the event as a historic milestone not only for the institution but also for the evolution of recruit training within the Nigerian Army.
“Their graduation will not only mark the successful completion of basic military training but will also usher in a new chapter in the evolution of recruit training in the Nigerian Army,” he said.
Shaibu explained that since its establishment, the depot had steadily developed into a modern recruit training institution designed to produce disciplined, professional and capable soldiers in line with the Nigerian Army’s transformation agenda and long-term strategic vision.
He said the facility forms part of the Federal Government’s broader efforts to modernise the Armed Forces and expand military capacity to address Nigeria’s dynamic security environment.
The Army Chief expressed profound appreciation to President Tinubu for approving the establishment of the institution and providing the necessary resources for its successful implementation.
He noted that the new depot would not only improve military training capacity but also strengthen the strategic importance of the South-East within Nigeria’s security architecture.
According to him, locating the institution in Ebonyi State underscores the government’s determination to ensure that all parts of the country benefit from national development initiatives while fostering greater national cohesion.
Shaibu also commended Ebonyi State Governor Francis Nwifuru for his unwavering support towards the establishment and successful take-off of the depot.
He said the state government provided accommodation, logistics and other essential support that contributed significantly to the successful training of the pioneer batch of recruits.
“From facilitating the historic groundbreaking ceremony to providing sustained support for this institution, the governor has demonstrated remarkable patriotism and an enduring commitment to national security,” he said.
The COAS further described the Government and people of Ebonyi State, as well as the entire South-East, as indispensable partners in the establishment and growth of the institution.
He also acknowledged the contributions of traditional rulers, political leaders, religious leaders, community leaders and residents of the state for creating a peaceful and conducive environment for the depot to thrive.
Shaibu reaffirmed the Nigerian Army’s commitment to deepening its partnership with host communities and stakeholders, stressing that sustained collaboration between the military and the people remains critical to enhancing national security and maintaining lasting peace.
According to him, the state’s sustained support demonstrates a strong commitment to national security, peace and development.
The Army Chief further commended traditional rulers, community leaders, members of the State Development Committee, political and religious leaders, and other stakeholders for fostering a peaceful environment that enabled the successful establishment of the Depot.
He reaffirmed that the Nigerian Army values its partnership with the state and pledged to continue strengthening collaboration in pursuit of improved security and national development.
The COAS also paid tribute to distinguished retired senior military officers from the region for their contributions to the growth and development of the Nigerian Army.
The establishment of the Depot Nigerian Army in Ebonyi is widely regarded as one of the landmark military infrastructure projects under the Tinubu administration, aimed at expanding recruit training capacity while promoting inclusiveness, national integration and balanced development across Nigeria’s six geopolitical zones.
Establishment of Army Depot in South-East Reflects FG’s Commitment to National Unity, Security and inclusiveness– COAS
News
Troops, CJTF Arrest Suspected ISWAP Informant Accused of Identifying Kidnap Targets in Borno
Troops, CJTF Arrest Suspected ISWAP Informant Accused of Identifying Kidnap Targets in Borno
By Zagazola Makama
Operatives of the Military Intelligence Brigade (MIB) under Sector 3 of Operation HADIN KAI, working in collaboration with the Civilian Joint Task Force (CJTF), have arrested a suspected Islamic State West Africa Province (ISWAP) informant in Monguno Local Government Area of Borno State.
Intelligence sources told Zagazola Makama that the suspect, identified as Isa Janyu, 30, was tracked and apprehended at about 7:20 p.m. on July 4 during a targeted intelligence-led operation at Kasuwan Shanu in Monguno town.
According to the sources, items recovered from the suspect included a Tecno mobile phone, a knife, a comb, a mirror, and ₦10,000 in cash.
Preliminary investigation revealed that the suspect is a native of Arianna Mai Massallachi Village in Kukawa Local Government Area and allegedly specialised in identifying wealthy residents for ISWAP elements to facilitate kidnapping operations for ransom.
The suspect is currently in the custody of the Headquarters Sector 3 Military Intelligence Brigade for further investigation and other necessary actions.
Military sources said the arrest was part of ongoing intelligence-driven operations aimed at dismantling terrorist support networks and disrupting the activities of informants providing critical information to insurgent groups in the North-East.
They added that although the general security situation across the theatre remains relatively calm, it is still unpredictable, with troops maintaining a high level of operational readiness and sustained offensive pressure against terrorist elements.
Troops, CJTF Arrest Suspected ISWAP Informant Accused of Identifying Kidnap Targets in Borno
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