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EU, Stakeholders Meet on Cocoa, Others Compliance with Deforestation Regulation
EU, Stakeholders Meet on Cocoa, Others Compliance with Deforestation Regulation
By: Michael Mike
Stakeholders have received the report of an EU-funded study analysing the preparedness of cocoa and other value chains to comply with the European Union Deforestation Regulation (EUDR).
The EUDR, introduced on 29 June 2023, aims to limit the EU market’s impact on global deforestation, forest degradation, and biodiversity loss, promote deforestation-free supply chains, reduce the EU’s contribution to greenhouse gas emissions, and protect human rights and the rights of indigenous peoples.
Products covered under the EUDR include cocoa as well as palm oil, cattle, soy, coffee, timber, rubber, and their derivatives (beef, furniture, and chocolate are also listed). As the EU attracts 67 percent of cocoa exports from Nigeria, preparedness in this sector is particularly critical.
Speaking at the event in Abuja, Massimo De Luca, Head of Cooperation, EU Delegation to Nigeria and ECOWAS, stated that the EU aims to develop a strategy that both protects the environment and mitigates the effects of climate change.
He said: “In cocoa farming, a lot of virgin land is cleared, and farmers utilise such forested lands to farm. This is why the EUDR is important to discourage deforestation, but also why the EU is here to support the local farmers with improved agro-ecological techniques and improvements in productivity.”
The workshop also presented the EU Corporate Sustainability Due Diligence Directive (CS3D), a new legislative instruments applying to all value chains and requiring that, while conducting economic activities, companies should minimise negative environmental and social impacts.
Explaining the significance of the CS3D, Massimo De Luca added, “From water, to child labour, companies need to assess risks associated with their activities and measures to remedy, including compliance with national and international standards.”
Minister of Agriculture and Food Security, Senator Abubakar Kyari, represented by the Deputy Director, Cocoa/Member, National Cocoa Management Committee, Federal Ministry of Agriculture and Food Security, Ajayi Olutobaba, welcomed the EU’s partnership with the Federal Ministry of Agriculture and Food Security and the introduction of the EUDR.
He said: “The EU’s partnership with the Ministry on the critical issue of the EUDR, and the need for due diligence assessments to be conducted in relevant value chains, is a welcome development.”
He added that: “Given the importance of the EUDR and the need to ensure due diligence assessments in Nigeria’s cocoa sector to guarantee deforestation-free supply chains for cocoa and other agricultural products, I recently inaugurated the National Taskforce on EUDR, comprising all relevant stakeholders in the affected value chains.”
He said: “The National Taskforce, chaired by me, aims to develop a unified national approach to meet the EU’s deadlines. We have already begun operations and hope to achieve our objectives as soon as possible.”
In his presentation, the key expert commissioned by the European Commission
Javier Sánchez, noted that while the EUDR presents short-term challenges for producing countries, it offers significant opportunities in the medium term.
“The EUDR should not be seen as a disadvantage for Nigeria. This is an opportunity to enhance environmental sustainability, create sustainable value chains, and strengthen compliance with national regulations across the value chain,” he said.
Sánchez emphasised that compliance with the EUDR strengthens the role of small producers in international value chains by promoting transparency, allowing consumers to know the origins of cocoa, coffee, and other products.
“The private sector, particularly EU-based importers, is the key player responsible for EUDR implementation. They will face significant sanctions for non-compliance. Due to the structure of the value chain, they will then also look to the upstream actors, especially cooperatives and middlemen, who have information about the origin of the products, to ensure EUDR is complied with.”
“While the government cannot replace the private sector’s role, it can facilitate compliance by developing tools and ensuring awareness of the regulations that private sector actors must follow,” he added.
EU, Stakeholders Meet on Cocoa, Others Compliance with Deforestation Regulation
News
Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions
Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions
By: Michael Mike
The Nigeria Movement of Solidarity with Cuba (NMSC) has expressed deep condolences to the government and people of Cuba following the killing of 32 Cuban internationalists in Venezuela.
In a press statement issued in Abuja on Saturday, the pro-people coalition, which includes labour unions, civil society organisations and intellectuals, alleged that the Cuban nationals were killed during an attack in Caracas on January 3, 2026, while protecting Venezuelan President Nicolás Maduro, his wife, Cilia Flores, and what it described as the sovereignty of Venezuela.
The group said the Cubans chose to resist despite being overwhelmed, describing their actions as a demonstration of courage, honour and commitment to international solidarity.
NMSC drew parallels between the incident and past historical events where Cuban nationals were involved in overseas struggles, including the 1983 U.S.-led invasion of Grenada and Cuba’s military support for African liberation movements in Angola, Namibia and South Africa during the fight against apartheid.
According to the organisation, thousands of Cuban youths lost their lives in Africa while contributing to the dismantling of apartheid systems backed by Western powers. The group noted that Cuba’s internationalism has not been limited to armed conflicts, citing the country’s long-standing medical outreach to developing nations, including Nigeria.
The statement also recalled Cuba’s response during the COVID-19 pandemic, when it dispatched medical teams to dozens of countries and received hundreds of stranded cruise ship passengers at a time many nations had closed their borders.
NMSC extended its sympathy to the families of those killed in Venezuela and called on the United States government to respect international law, halt what it described as foreign military interventions, and lift sanctions imposed on Cuba, Venezuela and other countries.
The group further aligned itself with repeated resolutions of the United Nations General Assembly calling for the end to the decades-long U.S. embargo against Cuba, insisting that global peace and development require cooperation rather than conflict.
The statement was signed by veteran labour activist and writer, Owei Lakemfa, on behalf of the Nigeria Movement of Solidarity with Cuba
Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions
News
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have congratulated the Board, Management, and staff of Nigerian Exchange Group Plc and Nigerian Exchange Limited on the historic achievement of the Nigerian capital market crossing the N100 trillion market capitalisation mark.
The commendation was issued via a press statement on Friday, jointly signed by Mr Samuel Sehinde Adenagbe, Chairman, Association of Securities Dealing Houses of Nigeria and Mr Oluropo Dada, the 13th President/Chairman of Council Chartered Institute of Stockbrokers.
They described the NGX’s achievement as a remarkable milestone and a major affirmation of the resilience, depth, and growing sophistication of Nigeria’s capital market, and a clear signal of renewed investor confidence in the Nigerian economy.
“Crossing the N100 trillion threshold is not only a symbolic landmark; it reflects the capacity of Nigeria’s capital market to mobilise long-term funds for infrastructure, enterprise development, and economic transformation.
“It underscores the vital role of the market in financing growth, creating wealth for investors, and supporting national development objectives,” the said.
According to them, the achievement will not have been possible without the visionary leadership and strategic direction of the NGX Board, as well as the professionalism and dedication of its Management and staff, led by versatile stockbrokers: Dr. Umaru Kwairanga; Mr. Temi Popoola; and Mr. Jude Chiemeka and Mr. Femi Sobanjo.
“We also commend the unwavering commitment and versatility of dealing member firms and stockbrokers who continue to serve as the backbone of the market, ensuring liquidity, transparency, and investor protection.
“Their collective efforts have strengthened market integrity, broadened participation, and improved the overall efficiency of the Exchange.”
The CIS and ASHON also commend the Federal Government of Nigeria for providing a supportive macroeconomic and regulatory environment that has encouraged domestic and foreign investment, promoted market reforms, and enhanced the attractiveness of Nigerian assets.
They stated that policy stability, ongoing reforms, and a clear commitment to private sector-led growth have played a crucial role in creating the conditions for this historic market expansion.
They further commended SEC for providing sound regulations and market development.
They stated that the CIS and ASHON would continue to advocate ethical governance in the capital market with all stakeholder playing by the rules of the game.
They further restated their commitment to sustaining the momentum through robust regulation provided by Securities and Exchange Commission, market innovation, and strong investor protection frameworks.
“We look forward to working closely with all stakeholders to further deepen the market, broaden product offerings, and ensure that the Nigerian capital market continues to serve as a strong engine for inclusive and sustainable economic growth.”
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
News
Troops neutralise bandit, recover arms in Plateau raid
Troops neutralise bandit, recover arms in Plateau raid
By: Zagazola Makama
Troops of 3 Division of the Nigerian Army, under the Joint Task Force Operation Enduring Peace (JTF OPEP), have neutralised a notorious bandit and recovered arms and ammunition during a raid on a hideout in Plateau State.
Sources told Zagazola Makama that the operation was conducted on Jan. 8 at Yolan Gboka–Yama Da Lahdi, following sustained efforts to track and arrest perpetrators of the Dec. 16, 2025 attack on illegal miners at Tosho community in Fann District, Barkin Ladi Local Government Area.

According to the sources, troops made contact with the bandits during the raid and engaged them in a firefight.
“One of the bandits was neutralised during the exchange of fire and was later identified as Sadiq Isah, while others fled the area,” the sources said.
The sources added that troops subsequently exploited the hideout and recovered two AK-47 rifles and 162 rounds of 7.62mm (special) ammunition.
The recovered arms and ammunition are currently in military custody, while troops have commenced follow-up operations to intercept the fleeing suspects and prevent further criminal activities in the area.
Zagazola reports that Operation Enduring Peace is a joint security initiative aimed at restoring peace and stability across Plateau and neighbouring states.
Troops neutralise bandit, recover arms in Plateau raid
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