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Infrastructure Revamp, Key To Our Economic Policies – VP Shettima

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Infrastructure Revamp, Key To Our Economic Policies – VP Shettima

By: Our Reporter

Vice President Kashim Shettima has said ongoing power projects to light up industrial clusters across the country are an indication that the President Bola Ahmed Tinubu administration is on a journey of rekindling the flames of enterprise.

This is just as he added that the Federal Government’s commitment to revamping Nigeria’s Infrastructure framework was the much-needed drive in empowering Nigerians and strengthening the nation’s economic policies.

The Vice President disclosed these during his visit to the Agbara Industrial Cluster for the launch of a collaboration between the Niger Delta Power Holding Company Limited (NDPHC) and its partners on the project to light up industrial clusters.

According to him, while the government has embraced the past as a lesson in mapping a new path for a robust power sector, the historical mistakes that have brought Nigeria to the point it is are rather an inspiration to work harder.

The Vice President stated: “For too long, some of these ventures were forced to pack up, their potential stifled by the persistent energy constraints. Today, we embark on a journey of empowerment, a journey aimed at rekindling the flames of enterprise and ensuring that the promise of prosperity prevails over the darkness of past hindrances.

“We have gone a full cycle in the search for solutions to our energy crisis. We have unbundled and privatized the power assets in generation, transmission, and distribution. We have also implemented the National Integrated Power Project through the NDPHC.”

He vowed to closely monitor the progress of work in the ongoing power projects to light up industrial clusters across the country, with a view to holding every relevant official accountable.

“I assure you that, in my capacity as the Board Chairman of NDPHC, I will hold every relevant official accountable and closely monitor the progress achieved in this project. We owe Nigerians this success story,” the VP declared.

Senator Shettima reiterated the commitment of the Tinubu administration “to providing the necessary institutional and policy support to ensure the successful delivery” of the project.

While delivering his address titled, “Lighting the Path to Economic Development,” the Vice President expressed gratitude to the Governors of Ogun, Lagos and Oyo States where the NDPHC was already developing similar projects, as well as the companies involved.

The VP noted that the partnership between state-owned power companies and the private sector was an embodiment of progress, teamwork, and commitment to fostering synergy to enhance the productivity of businesses and institutions in the country.

The partnership, according to him, doesn’t only align with the vision of the federal government to transform Nigeria into a premier investment destination but also to serve as an industrial benchmark in Africa.

He added that it was an affirmation of President Tinubu’s resolve to revamp the country’s infrastructure framework.

The VP stated: “The launch of this strategic collaboration between our company, Niger Delta Power Holding Company Limited (NDPHC), and its key partners for the design, development, and operation of projects to supply dedicated, steady, and quality power to major industrial and commercial clusters in Nigeria echoes His Excellency, President Bola Ahmed Tinubu’s pledge to reinvigorate our nation’s infrastructure framework.

“The choice of Agbara, Ogun State, as the pilot site of this owes to its function as an artery of Nigeria’s industrial structure. This is our resolve to breathe new life into the enterprises that sustain our economy.”

Noting that addressing the supply deficit in the Nigerian Electricity Supply Industry (NESI) is an intervention that aims to reverse “the generational setbacks that businesses with immense promise have endured,” Shettima said it was one thing to attract investors to the country, and another to make them stay.

He further assured that lighting up industrial clusters across the country signposts the beginning of a promised opportunity for Nigeria.

“By mobilizing private capital, harnessing the generation portfolio of NDPHC, and utilizing the existing power delivery infrastructure, we aim to provide a consistent, reliable, and high-quality power supply to specific customer clusters with substantial capacity demands.

“This effort has initiated an industrial revival of significant magnitude. In essence, it implies that, after a considerable period, the NESI will experience a substantial increase in supply levels without the necessity of injecting public funds, delivering nearly continuous power precisely where it’s most critical for our economy,” he explained.

Senator Shettima described the host community, Agbara, as an archetype of what private sector investment, innovation, and entrepreneurship could accomplish in the economic and infrastructural development of a nation, noting that other planned industrial clusters are a manifestation of how private capital could “drive industrial development and foster economic prosperity”.

The Vice President revealed plans by the Federal Government to ensure the industrial clusters unfolded into a reality.

“We are not only committed to providing the institutional and policy support necessary to enable, promote, and sustain this private sector-led initiative but also to paving the way for the emergence of synchronized development in transmission and distribution infrastructure, aligned with the demands of industrial customers.

“This infrastructure is designed for the efficient and reliable transmission of power from NDPHC’s plants. We will deploy the appropriate technology to ensure the efficient operation of the networks and to minimize commercial, collection, and technical losses that have plagued the industry,” he said.

Earlier, Governor Dapo Abiodun of Ogun State said the location of the pilot phase of the initiative is due to the viability of the Agbara Industrial area as the most successful industrial estate in the country.

He said the initiative aligns with his administration’s drive to provide critical infrastructure in Industrial clusters across the State and thanked President Bola Tinubu and VP Shettima for prioritizing the power sector, noting that it will unlock potentials in different sectors of the economy.

On his part, the Minister of Power, Mr Adebayo Adelabu said the interaction with stakeholders around the Agbara Industrial estate was part of efforts by the Federal Government to deliver safe and reliable electricity to industrial and heavy-user clusters across the country.

He expressed optimism that the initiative to ensure effective power supply to the Agbara Industrial Estate would be achieved and can be a model to be replicated across the country.

Mr Obafemi Hamzat, the Deputy Governor of Lagos State said the challenges experienced in the power can be surmounted with effective collaboration and partnership as well as adherence to set standards and due process

He urged all stakeholders to be cautious in their comments and opinions about systems and institutions in Nigeria.

For his part, the MD/CEO, Niger Delta Power Holding Company (NDPHC), Mr Chiedu Ugbo said the event signifies the unwavering commitment and determination of the Tinubu administration to leverage partnerships with stakeholders to address challenges associated with electricity access for Nigerian homes and businesses.

He said NDPHC remains committed to promoting the bilateral power sales initiative as one of the measures adopted by the company to deliver electricity to industrial clusters and businesses across the country.

Aside from the roundtable, the VP held interactions with representatives of the different clusters in the industrial area.

He had earlier on arrival at the StrongPack premises, the venue of the event, toured the production lines at the factory.

Present at the event were Engr Noimot Salako-Oyedele, Deputy Governor of Ogun State; Hon. Olatunji Akinosi, Deputy Chairman House Committee on Alternative Education; Mr Sola Arifayan, the CEO, Electric Utilities Ltd; Mr Del Tupaz, MD of StrongPack Ltd; representatives of Eko Disco and Ibadan Electricity Distribution Company, among other stakeholders in the Agbara Industrial Area.

Infrastructure Revamp, Key To Our Economic Policies – VP Shettima

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Nigeria, South Korea Deepen Cooperation in Creative Industry with K-pop-Afrobeat Collaborative Album Underway

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Nigeria, South Korea Deepen Cooperation in Creative Industry with K-pop-Afrobeat Collaborative Album Underway

By: Michael Mike

A collaboration between Afrobeat and K-pop is underway as Nigeria and South Korea deepens cooperation in the creative economy, using music as a bridge.

Artistes and producers from both countries staged a landmark Afrobeats–K-pop collaboration in Abuja with the plan to roll out a musical experiment of fusion of both afrobeat and K-pop.

The live production concert, tagged “K Music Production x Afrobeats,” was hosted by the Korean Cultural Center in Nigeria (KCCN) and brought together Korean vocal coach Seo Yena, music producer and composer Lee Haneung, and Nigerian Afrobeats artiste FirstKlaz for a joint recording and live performance.

The event underscored growing cultural diplomacy between both countries and highlighted the expanding global influence of Afrobeats, which has increasingly shaped contemporary pop sounds across Asia, Europe and North America.

Seo Yena said her journey into Afrobeats began in 2024 when she visited Nigeria as a vocal instructor under a KCCN programme, an experience she described as transformative.

“That was my first real contact with Nigerian music,” she said. “Working with Nigerian singers made me curious about Afrobeats, so I started researching it and thinking about how to connect it authentically with Korean music.”

She explained that the collaboration deliberately blended the relaxed groove and rhythmic flow of Afrobeats with the structured vocal delivery and powerful climaxes typical of K-pop.

“Afrobeats has a calm, flowing feel, while Korean pop focuses on clarity and emotional intensity. The idea was not to overpower one with the other, but to allow both identities to shine,” she said.

Producer Lee Haneung described the partnership as a significant creative challenge and a step toward building a more balanced global music ecosystem.

“Afrobeats is now a major force in world music, and its influence is already present in K-pop,” he said. “But too often it feels like borrowing. I wanted to understand Afrobeats from its source and create something sincere that respects both cultures.”

Nigerian artiste FirstKlaz said he welcomed the collaboration because of his long-standing interest in Korean music, adding that the creative process was seamless.

“I love K-pop, so when I got the invitation, I was excited,” he said. “The studio sessions were full of pure energy. I wrote and sang my parts, and the collaboration felt natural.”

Although a release date has not yet been announced, KCCN confirmed that the collaborative track is being prepared for commercial release and forms part of a broader plan to deepen partnerships between Korean producers and Nigerian artistes.

The Centre said the initiative aligns with efforts by both countries to grow their creative industries, promote cultural exchange and position music as a viable driver of youth employment, innovation and global engagement.

As Afrobeats continues to gain traction worldwide and K-pop expands its global reach, the Abuja collaboration signals a new chapter of cross-continental creativity—one rooted not in imitation, but in mutual respect and shared artistic growth.

Nigeria, South Korea Deepen Cooperation in Creative Industry with K-pop-Afrobeat Collaborative Album Underway

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FG to Enforce Governance Standards as MOFI Introduces Excellence Awards for Public Enterprises

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FG to Enforce Governance Standards as MOFI Introduces Excellence Awards for Public Enterprises

By: Michael Mike

The Federal Government is set to tighten oversight and raise performance standards across its portfolio of state-owned enterprises with the launch of the MOFI Excellence Awards, a new accountability-driven initiative scheduled for the second quarter of 2026.

The awards, to be introduced by the Ministry of Finance Incorporated (MOFI), are aimed at institutionalising transparency, discipline and measurable performance in Federal Government-owned enterprises, marking a shift from discretionary oversight to structured, benchmarked governance.

MOFI said the initiative is part of broader reforms aligned with President Bola Ahmed Tinubu’s economic agenda, which seeks to improve fiscal discipline, unlock value from public assets and reduce the burden of inefficient enterprises on the national treasury.

At the core of the process is the MOFI Corporate Governance Scorecard, launched in April 2025, which now serves as a standardised tool for assessing Boards and management teams against international best practices in transparency, risk management and compliance.

An independent technical panel, inaugurated in December 2025 by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, will conduct the assessments. Portfolio companies will be evaluated using strict criteria, including regulatory compliance, Board effectiveness, financial controls and sectoral impact.

According to MOFI, the awards are not intended as ceremonial recognition but as a mechanism to drive behavioural change across public enterprises by linking governance quality to reputational standing and future oversight.

“The MOFI Excellence Awards represent a structural reset in the way public enterprises are managed,” the Ministry said in a statement. “Transparency is no longer optional, compliance is measurable, and performance outcomes are central to fiscal responsibility.”

Institutions that emerge as top performers will be recognised for demonstrating strong governance culture, operational discipline and accountability, while underperforming entities are expected to face closer scrutiny and corrective interventions.

MOFI said the initiative will also provide policymakers with clearer data on enterprise performance, enabling more informed decisions on restructuring, capital allocation and potential private-sector participation.

Analysts say the move could signal a turning point in public enterprise management, particularly if the scorecard and awards framework is consistently applied and tied to consequences.

Further details on the awards and governance framework are available on MOFI’s official website, www.mofi.com.ng.

FG to Enforce Governance Standards as MOFI Introduces Excellence Awards for Public Enterprises

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$1bn Poultry Mega Project to Drive Food Security, Jobs Hit Homestead as Pilot Begins in Three States

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$1bn Poultry Mega Project to Drive Food Security, Jobs Hit Homestead as Pilot Begins in Three States

By: Michael Mike

Nigeria’s push to strengthen food security and cut dependence on poultry imports is set to gain fresh momentum as the $1 billion National Integrated Poultry Project moves into its pilot phase in Enugu, Kaduna and Oyo states.

The project, driven under the Nigeria–China Strategic Partnership (NCSP), is designed as one of the most ambitious agricultural investments in the country’s history, targeting large-scale egg and meat production, expanded feed cultivation and direct support for local farmers.

Director-General and Global Liaison of the NCSP, Joseph Tegbe, announced the take-off of the pilot phase at the weekend during the Chinese New Year Temple Fair in Abuja, held to mark the 55th anniversary of diplomatic relations between Nigeria and China.

According to Tegbe, the initiative is structured to go beyond commercial farming. When fully operational, it is expected to produce about six million eggs daily, house more than seven million laying birds and over two million broilers, while supporting the cultivation of more than 60,000 hectares of maize and soybeans for feed.

He said the scale of the project positions it as a game-changer for Nigeria’s poultry value chain, with direct implications for employment, farmer incomes and food affordability.

“This is not just a farming project. It is a strategic intervention to stabilise food supply, create jobs across the value chain and restore dignity to agricultural livelihoods,” Tegbe said.

A key component of the initiative, he explained, is the provision of subsidised feedstock, which will not only serve the integrated farms but also support existing poultry farmers who have been hit by rising feed costs.

Beyond agriculture, Tegbe highlighted parallel Nigeria–China collaboration in heavy industry, particularly the planned revitalisation of the Ajaokuta Steel Complex. He said renewed operations at Ajaokuta are projected to yield up to 10 million metric tonnes of steel annually, potentially reshaping Nigeria’s industrial landscape.

“A functional Ajaokuta will power manufacturing, unlock jobs and reposition Nigeria as an industrial force in Africa,” he said, adding that the government is determined to translate long-standing plans into measurable economic outcomes.

On human capital development, Tegbe noted that educational and knowledge-exchange programmes between Nigeria and China are expanding, with more scholarships, joint research initiatives and industrial parks in the pipeline to support technology transfer and innovation.

China’s Chargé d’Affaires to Nigeria, Zhou Hongyou, said the poultry project and other joint initiatives reflect the maturity of bilateral relations built over 55 years. He described the Year of the Horse—under which the celebration falls—as symbolic of hard work, perseverance and progress, values he said mirror the trajectory of Nigeria–China cooperation.

Also speaking, Director of the China Cultural Center in Nigeria, Yang Jianxing, described the growing partnership as one rooted in mutual trust and shared development, stressing that cooperation must continue to deliver concrete benefits for ordinary Nigerians.

The anniversary celebration featured cultural performances, exhibitions and a showcase of Chinese traditions, underscoring the people-to-people dimension of the Nigeria–China relationship as both countries pursue deeper economic and cultural ties.

$1bn Poultry Mega Project to Drive Food Security, Jobs Hit Homestead as Pilot Begins in Three States

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