News
Departing Spanish Ambassador Says Nigeria Owns the Future

Departing Spanish Ambassador Says Nigeria Owns the Future
By: Michael Mike
Departing Spanish Ambassador to Nigeria, Juan Sell has said Nigeria is a country of great potential that owns the future.
Sell gave this description during his sent-forth party at the Embassy of Spain in Abuja.
The envoy said Nigeria, “What a potential! You own the future. It is only a matter of bringing that future to the present.
Of course, there are challenges. I have not met in these years a single Nigerian that would not come with his or her own list of proposals. And this is very good. My admiration always goes to Nations that
are never satisfied with their state of affairs (we Spaniards have become very good at that, perhaps too good).
“All you need is to transform your well-known resilience into a commitment to build together the country you all want. Let me assure you (dear Ministers) that you can count on Spain in that endeavour.”
Sell added that: “It is time for me to go home. I hove powerful reasons to do so. Primarily, the arrival of my first grandson, Íñigo. But I will also be pursuing a brand new professional career for some time (not bad for an old hand as me).
“Nostalgia will now change places. If I have longed for Spain and my people, I will now miss Nigeria and all of you. It is always encouraging to say “until we meet
again” (and it will be a real pleasure when it is the case). But the most helpful weapon to navigate this life of permanent change is memory.
“And I can assure you that I will treasure my
memories with each and every one of you.”
Departing Spanish Ambassador Says Nigeria Owns the Future
News
Airstrike Hits ISWAP Enclave in Tumbuma Baba, scores Nutrialised

Airstrike Hits ISWAP Enclave in Tumbuma Baba, scores Nutrialised
By: Zagazola Makama
The Nigerian Air Force (NAF), under the Air Component of Operation Hadin Kai (OPHK), conducted a successful Air Interdiction (AI) mission at a terrorists’ hideout in the Southern Tumbuns general area in the Lake Chad of Borno, killing scores of the terrorists.
Intelligent sources told Zagazola Makama that the precision air strike, which took place at about 2100 hours on 5 May 2025, targeted a major terrorists’ concentration camp located in the Tumbuma Baba axis of Lake Chad.
The sources said that the offensive was in continuation of a decisive Operation KALACHEN WUTA II, aimed at denying terrorists the freedom to execute large-scale attacks during the Eid el-Kabir period.
The sources said that Intelligence and Battle Damage Assessment (BDA) reports confirmed that several terrorists were neutralised during the strike, and key logistics under heavy foliage were destroyed.
The sources said that the strikes followed credible intelligence on planned coordinated attacks by the insurgents before, during, and after the Eid festivities. The mission was meticulously planned and executed to forestall such threats and sustain pressure on terrorist elements operating in the Lake Chad fringes.
“We observed significant secondary explosions, indicating the presence of arms and fuel storage. Multiple terrorists were seen fleeing the area, while several others were eliminated during the strike,” the source said.
The sources said efforts are ongoing to gather further feedback, as well as to assess the operational impact of the interdiction.
He added that preliminary signs suggest a high level of disarray and panic within the terrorists’ ranks, with reports of attempted regrouping under surveillance.
Airstrike Hits ISWAP Enclave in Tumbuma Baba, scores Nutrialised
News
Nigerian Air Force Neutralises Terrorists in Successful Air Interdiction at Maisani

Nigerian Air Force Neutralises Terrorists in Successful Air Interdiction at Maisani
By: Zagazola Makama
The Nigerian Air Component of Operation Hadin Kai have executed a coordinated strike on a major terrorist enclave located at Maisani in the Timbuktu Triangle general area of Borno State, killing several ISWAP terrorists.
Intelligence sources told Zagazola Makama that the air interdiction mission conducted on May 4, 2025, at approximately 1800 hours, was informed by credible intelligence and sustained surveillance, targeted terrorists’ structures cleverly concealed and camouflaged under thick shrubs in the area.
The sources said that using advanced platforms, the Nigerian Air Force (NAF) conducted a focused Air Interdiction (AI) mission, resulting in the destruction of the identified enemy hideouts and the neutralisation of an unconfirmed number of insurgent fighters.
According to the sources, Post-strike Battle Damage Assessment (BDA) obtained from our Intelligence, Surveillance and Reconnaissance (ISR) platforms confirmed that the airstrike achieved its intended objectives, dealing a significant blow to terrorists.
Nigerian Air Force Neutralises Terrorists in Successful Air Interdiction at Maisani
News
Nigeria Looks to World Bank to Tackle Challenges of National Capital Accounting

Nigeria Looks to World Bank to Tackle Challenges of National Capital Accounting
By: Michael Mike
As the world marks the 2025 Environment Day, the National Bureau of Statistics (NBS) has appealed to the World Bank for support on capacity building, data and in addressing the challenges poised by Natural Capital Accounting (NCA) in the country.
Head of Department, National Accounts Energy and Environment at the NBS, Dr. Baba Madu made the appeal at the 2025 Natural Capital Accounting (NCA) Conference on Thursday in Abuja with support from the World Bank in. collaboration with the NBS and the Federal Ministry of Environment.
Madu while noting that the NCA was a new area Nigeria must exploit to further boost the nation’s economy, said for Nigeria to grow and be at par with other developed nations, there was need to account for her natural resources.
He said: “NCA has been tasked with the crucial role of integrating natural capital into economic measurement. It is impossible to measure the economy accurately without accounting for natural resources. Issues such as environmental degradation, afforestation, desertification, and climate change all directly impact productivity.
“Productivity in turn, influences output—one of the core components of the Gross Domestic Product (GDP). These environmental factors must be reflected across all economic activity sectors to present a more accurate picture of national output.”
While stating that Nigeria currently has data on NCA in Nigeria, the NBS official however raised concerns over the huge data gap from relevant Ministries, Departments and Agencies (MDAs) in the environment sector.
He said: “We are not doing badly but we need to improve on what we are doing. In terms of data sources, I can tell you there’s a big gap because these are new areas needed to be exploited.”
Programme Leader on Sustainable Development at the World Bank, Vina Vutukuru, said there was need to jointly
explore the vital role of national accounting in national development plans and to brainstorm on how Nigeria could institutionalize it.
He said: “Establishing the national capital accounting as part of the national account system will allow us to measure the economic value of ecosystem services such as clean air, water and biodiversity which are essential for our well-being and economic prosperity.”
Vutukuru commended Nigeria for having “very bold ambitions” as far as responding to climate change was concerned saying, “That shows the commitment of the policy makers here towards the issue of climate.
“But I think to back up that aspiration and the aggressive goals that Nigeria has set for itself, the foundational thing for those goals to materialize those objectives to come true is a very strong natural account system.”
Head of Media, National Council on Climate Change Secretariat (NCCCS), Chioma Azie who represented her Director General, Dr. Nkiruka Maduekwe at the event, described Nigeria as a very ambitious country, stressing that natural resources was instrumental to achieving all the objective of climate action.
She said: “Technology, policy reforms, behavioral changes has a role to play but natural resources is very key because they’re underpinning the mitigation and adaptation for climate action.
“If you look at Nigeria’s NDC, the NCA is an avenue to provide raw materials that we could use to develop mitigation and adaptation strategies.
“If you look at what we have done in terms of this NDC in 2020.which is the second leg of the NDC, we identified a lot of mitigation activities within this mentioned sectors of ours. In agricultural sector we talked about smart agriculture. What is smart agriculture without natural resources?
“We talked about biomass, what is biomass without natural resources? We also spoke about land use changes and that is natural resources, we talk about natural solutions and we talked about also afforestation, reafforestation. Those are mitigation potentials of our NDC. So, we cannot achieve our NDC without SEEA.
“What you cannot be able to account for is recorded as if it is not done so if we know what is existing in terms of the reservoirs we have for natural resources, it can inform the scope of the mitigation activities we’re going to be imputing in the NDC 3.0,” she said.
Nigeria Looks to World Bank to Tackle Challenges of National Capital Accounting
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