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At WEF 2026: VP Shettima Pushes For Homegrown Solutions To Africa’s Economic Challenges
At WEF 2026: VP Shettima Pushes For Homegrown Solutions To Africa’s Economic Challenges
Urges continent to shift from import dependency to local production, from aid to investment
Says with Dangote Refinery, Nigeria is on the verge of becoming net exporter of fuel
By: Our Reporter
The Vice President, Senator Kashim Shettima, has advocated for homegrown solutions to Africa’s economic problems, emphasizing innovative approaches for growth, development and prosperity on the continent.
He noted that it is only by building domestic productive capacity that African nations can convert their population and natural talents into real, resilient wealth, just as he said instead of expecting prosperity to be parachuted in, “it must be homegrown and earned.”
The Nigerian Vice President, who stated this on Thursday during the High-level Accra Reset Initiative meeting held on the margins of the ongoing 2026 World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, observed that Africa was no longer the periphery but the pulse of the world’s demographic and economic future.
Citing Nigeria where the Dangote Refinery is gradually turning the nation into a major exporter of fuel as an instance, Senator Shettima pointed out that Africa can only rise when countries on the continent build.
He said, “Africa cannot rise on applause alone. We rise when we build. After decades as a net importer of value, Nigeria is on the verge of becoming a net exporter of refined fuel, powered by Africa’s largest refinery in Lagos, Nigeria: the Dangote Refinery.
“This is what happens when African capital meets industrial ambition. This implies that Nations move from price takers to value makers when production is matched with infrastructure and policy clarity. Even as manufacturing’s share of Africa’s GDP fell from 16 percent in 1980 to under 10 percent by 2016, we chose not to retreat but to leapfrog.”
Underscoring the benefits of modular factories, artificial intelligence, and robotics, the Vice President noted that “Africa can industrialize faster in the twenty first century than ever before,” just as he said the era when the continent is “known only for what it digs or grows” is now giving way for the era when Africa is known for what it builds.
The VP stated that while Africa’s future “depends on letting skills travel, return, and multiply,” prosperity will move at the speed of people.
He recalled that “in 2024 alone, Africans abroad sent home about 95 billion dollars, more than 5 percent of our GDP and roughly equal to total foreign direct investment.
“That is not charity. This is why we are also championing free movement across Africa because mobility is a competitive advantage in a world where human capital is the most precious resource. Let skills and ideas flow as freely as goods and capital, and prosperity will follow,” he added.

Relying further on the Nigerian situation, VP Shettima maintained that the experience had been shaped by a simple lesson, that “prosperity is not imported; it is built,” adding that the nation has “seen the prosperity paradox up close.”
He continued: “Markets and talent exist, yet resilience remains thin until demand is translated into domestic capability. This means firms that produce, meet standards, and compete globally. Wealth given from outside is fragile. Wealth created from within is enduring.
“Nigeria’s own market of over 200 million people has taught us that latent demand means little unless we cultivate local supply. Only by building domestic productive capacity can we convert our population and natural endowments into real, resilient wealth. Prosperity cannot be parachuted in – it must be homegrown and earned”.
The Nigerian Vice President welcomed the vision of the Accra Reset, describing the initiative as a bold reimagining of Africa’s shared future built through African-led cooperation, and rooted in sovereignty and self-definition.
On what Nigeria is bringing to the discussion at the Accra Reset, Senator Shettima said, “In the realm of health-industrial capability, we have begun treating health security not only as a social obligation but as an industrial value chain. This spans manufacturing, diagnostics, logistics, standards, and procurement.
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“Through the Presidential Initiative for Unlocking the Healthcare Value Chain (PUHVAC), inaugurated in October 2023, we are coordinating reforms and investment to expand local production and strengthen quality systems. This approach resonates with a broader African aspiration: building our own vaccine and medicine capacity to secure what I call health sovereignty.”
The VP further described the Accra Reset Initiative as a call to action as well as a call to reset the mindset of African nation “from dependency to dignity, from aid to investment, from rhetoric to results.
“It is a call to prosper together. And I am confident that if we answer this call, the world will witness an African boom built not on the sands of commodity cycles, but on the bedrock of innovation, industry, and interdependence,” he concluded.
Earlier, President John Mahama of Ghana, who applauded the commitment and presence of Vice President Shettima and other leaders at the forum, decried the existing relationship between African countries and the global north, noting that bilateral relations among nations have become transactional at the detriment of Africa’s genuine transformation.
According to him, many states and non-state actors are acting unilaterally in pursuing their own national agenda and parochial interests, hence Africa remains trapped in cycles of conflict and multidimensional poverty, striving on handouts and humanitarian assistance from the developed world.
He said the introduction of the Accra Reset Initiative at the last United Nations General Assembly in New York was not another declaration or a wish list, but a practical answer to a question millions of young Africans are asking about the continent’s future and response in changing global order.
Urging synergy and cooperation among African leaders, President Mahama said, “though no specific name has been coined for the new global system that will emerge, Africa intends to be at the table in determining what that new global order will look like.”
For his part, former President of Nigeria, Chief Olusegun Obasanjo, dwelled on what Africa requires to take its rightful place in the comity of nations given the “new age of disruption, uncertainty and unpredictability.”
He warned that “as the world is reorganising, with supply chains withdrawn, security and economics fused, and the old development architecture struggling, countries that are not organised for negotiation and execution do not merely fall behind; they become bargaining chips.
“The Accra Reset Initiative has come to inspire leaders to stop complaining about the system that has changed or is changing, and to build a way through it,” the former President added.
On the marginalisation of Africa in value addition and technology, President Obasanjo said, “Let us be clear: sovereignty is not a flag to be waved about at international forums. It is discipline and the ability to make choices and carry them through.
“Sovereignty is also the ability to negotiate firmly, coordinate regionally, mobilise capital, incentivises, resources, and implement at a scale that will lead to sustainable development. If you cannot coordinate, you will be divided.”
In the same vein, former Vice President of Nigeria, Prof. Yemi Osinbajo, noted that the essence of the forum is to galvanise support for governments in Africa to rethink their strategies for transforming economies and address the numerous challenges confronting the people.
At WEF 2026: VP Shettima Pushes For Homegrown Solutions To Africa’s Economic Challenges
News
Police Foil IED Attack, Destroy Explosive Device in Zamfara
Police Foil IED Attack, Destroy Explosive Device in Zamfara
By: Zagazola Makama
The Zamfara State Police Command says it has successfully foiled a planned attack after its Explosive Ordnance Disposal (EOD) unit discovered and safely destroyed an Improvised Explosive Device (IED) in Tsafe Local Government Area of the state.
The Command said the operation was carried out on Friday at about 4:15 p.m. along the Kunchin Kalgo axis following credible intelligence received through community engagement efforts.

According to a statement issued by the Command, operatives of the Violence Crime Response Unit (VCRU), in collaboration with the EOD team, swiftly mobilised to the area after receiving information about a suspected explosive device planted by bandits.
Preliminary findings indicated that the device was strategically planted along the road with the intent of causing mass casualties among commuters and other road users.
The statement added that the timely response of the operatives led to the safe detection, evacuation and controlled destruction of the explosive device before it could cause any harm.
The Command commended the vigilance and cooperation of local residents, describing community support as critical to ongoing security operations in the state.
It further assured residents that efforts were ongoing to identify, arrest and prosecute those responsible for planting the device.
The police also disclosed that patrols had been intensified across vulnerable areas to prevent similar incidents and ensure the safety of road users.
The Commissioner of Police, A.M. Bello, reiterated the Command’s commitment to sustained operations against banditry and other violent crimes in Zamfara State.
Police Foil IED Attack, Destroy Explosive Device in Zamfara
News
Russia’s Role in the Widening Insecurity in Africa
Russia’s Role in the Widening Insecurity in Africa
By Ipole Amajama
The African continent is once again at the centre of a geopolitical storm. From the Sahel to Nigeria, insecurity is spreading at an alarming speed, threatening fragile states and destabilising entire regions. While local dynamics and systemic weaknesses play a role, Russia’s involvement raises troubling questions about its motives and the consequences for Africa and beyond.
Nigeria faces a growing terrorist threat that is no longer confined to its borders. The collapse of governance in several states of the Alliance of Sahelian Juntas (AES) has created fertile ground for extremist groups. These failed states have become incubators of insecurity, exporting violence into neighbouring countries. The challenge is no longer whether to support or oppose the junta, but how to deal with their failures and the regional consequences of their isolation.
Russia’s actions in Africa reveal a clear pattern: its primary aim is not to stabilise the continent but to create a secondary frontline against the West. By fostering instability in Africa, Moscow seeks to divert European attention and resources away from Ukraine. The Kremlin’s involvement is less about partnership and more about exploiting chaos for strategic advantage.
This raises a critical question: is Russia simply incapable of offering meaningful support, or is it deliberately spreading insecurity? The evidence suggests that Moscow benefits from turmoil in Africa, whether by design or by opportunism.
Whatever happens in Africa has little direct impact on Russia. The continent is geographically distant, and Russia’s economic ties with African nations are minimal. In fact, Africa’s collapse could even benefit Moscow. African oil, gas, and mineral exports compete with Russia’s own. If insecurity disrupts African production, global prices rise—strengthening Russia’s export revenues.
Europe, however, bears the brunt of Africa’s instability. Migratory pressure from conflict zones is already reshaping European politics. Far-right parties, often sympathetic to Russia, are gaining ground in countries like France and the UK. By exacerbating insecurity in Africa, Moscow indirectly fuels migration flows that influence European voters. This strategy weakens European unity and undermines support for Ukraine.
From a Russian perspective, encouraging instability in Africa is a shrewd way to manipulate European politics. The more Africans flee insecurity and attempt to reach Europe, the greater the strain on European societies. This pressure amplifies populist narratives, strengthens far-right movements, and erodes mainstream political consensus. Since many far-right parties are pro-Russia, the Kremlin gains strategic leverage by destabilising Africa.
Russia’s record in the Sahel is damning. It has done nothing to fight terrorism. Instead, it has encouraged juntas to isolate themselves from the international community, sever ties with African neighbours, and expel Western intelligence and military support. In exchange, the Sahel states received nothing of substance. Russian involvement has failed to improve security, governance, or economic conditions. On the contrary, the situation has worsened.
It is difficult to determine whether Russia is acting with malicious intent or simply behaving irresponsibly. Either way, the outcome is the same: worsening insecurity. Moscow’s promises of support have proven empty. Its presence has deepened instability, leaving African populations more vulnerable than before.
The hypothesis of a cynical will to facilitate insecurity cannot be dismissed. Russia appears to be the only clear winner of Africa’s suffering. By exploiting chaos, Moscow strengthens its geopolitical position, increases its export revenues, and undermines European resolve.
The lesson is stark: Africa must never again rely on a self-proclaimed outside “saviour.” Russia’s involvement has shown that external powers may prioritise their own interests over African stability. The continent must instead build resilience through self-reliance and multilateral cooperation.
African nations should pursue balanced partnerships that preserve freedom of action. By engaging with multiple partners—regional organisations, international institutions, and diverse allies—Africa can avoid dependency and secure more effective support. Only through collective action can African states confront terrorism, strengthen governance, and protect their sovereignty.
Russia’s role in Africa is not about solidarity or development. It is about exploiting insecurity to advance its global strategy. By destabilising Africa, Moscow weakens Europe, strengthens far-right allies, and boosts its own economic position. Whether through negligence or deliberate manipulation, Russia has worsened Africa’s plight.
The challenge for Africa is to recognise this reality and chart a new path. The continent must rely on itself, build multilateral frameworks, and reject the false promises of external saviours. Only then can Africa safeguard its future and prevent its suffering from being weaponised to serve foreign ambitions.
Amajama, a social commentator, writes from Abuja and can be reached via amajamaip@gmail.com
Russia’s Role in the Widening Insecurity in Africa
News
Buni approved the appointment of Yerima as the new emir of Ngazargamu.
Buni approved the appointment of Yerima as the new emir of Ngazargamu.
By: Yahaya Wakili
Governor Mai Mala Buni CON, COMN of Yobe state has approved the appointment of Alhaji Yerima Ibn Mahmud as the new Emir of Ngazargamu.
This is contained in a statement signed and issued today, 12th June, 2026, by the acting secretary to the state government, Dr. Mohammed Goje, in Damaturu.
The appointment of the new emir of Ngazargamu followed the demise of the late emir, Alhaji Tijjani Ahmed Ibn-Saleh Geidam, who passed away recently in Cairo, Egypt, after a protracted illness.
Until his appointment, the new Mai Ngazargamu was the Turakin Ngazargamu, an office he held for 16 years. He was also a member of the State House of Assembly.
The new emir of Ngazargamu, Alhaji Yerima Ibn Mahmud, has at different times served as a member of the State Executive Council and the state commissioner for livestock development before the new appointment.
Governor Mai Mala Buni, while congratulating the new emir and the Ngazargamu emirate, urged the new emir to use his wealth of experience to unite the people, promote peace and peaceful coexistence, and foster economic growth of the emirate, Yobe State, and Nigeria as a whole.
Similarly, Governor Buni called on the people to support the new emir to execute the functions of his office diligently, effectively, and efficiently for the benefit of the people, peace, unity, and prosperity of the emirate.
Buni approved the appointment of Yerima as the new emir of Ngazargamu.
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