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Nigeria, Benin Fine-Tune Framework for Economic Cooperation

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Nigeria, Benin Fine-Tune Framework for Economic Cooperation

By: Michael Mike

Nigeria and the Republic of Benin have commenced the process of operationalizing the economic cooperation agreement they signed during the recently held West Africa Economic Summit (WAES).

Both countries had at the maiden regional economic summit in June 2025, in Abuja, signed the memorandum of understanding.

At a two-day meeting of officials of both countries to work out the framework for the implementation of the economic cooperation agreement held August 1-2, in Cotonou, Republic of Benin, Nigeria’s Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, said the move was in line with the objectives of the Economic Community of West African States (ECOWAS).

The Minister praised President Bola Ahmed Tinubu for his foresight in conceptualizing the summit as catalyst for the economic growth of the region.

She described the bilateral engagement as timely emphasizing that the two countries were bound not only by geography, but by centuries of shared history, familial ties, culture, commerce and vibrant commercial activity.

The Minister on behalf of the Government and people of Nigeria, also congratulated the Republic of Benin on her 65th Independence anniversary noting that it was fitting the important dialogue took place at a moment of national pride and reflection for the country.

She stated that over the years, the bilateral relations between the two West African neighbours had grown from informal interactions to a structured, strategic partnership, but not without challenges—ranging from trafficking and smuggling to wider trans-border crimes.

She noted that both countries had always found solutions whenever they came together with sincerity and determination.

“Our shared successes affirm a truth we must never lose sight of: that cooperation, not conflict; dialogue, not suspicion, remain our best tools for overcoming obstacles,” the Minister said.

Odumegwu-Ojukwu declared that the visit of the Nigerian delegation was not merely a technical conversation but a symbolic and political commitment.

According to the Minister, it was a commitment to Nigerian people and to the ideals of economic development, peace, and stability.

Therefore, both countries must be driven by a shared vision and mutual trust as they seek to build a resilient and sustainable trade corridor between their nations.

She added that: “The frequency and depth of our engagements at the highest political levels underscore the strategic nature of our relationship. The recent efforts of Presidents Bola Ahmed Tinubu and Patrice Talon to recalibrate our bilateral cooperation, particularly in the areas of trade and border management, demonstrate a shared political will to resolve longstanding issues and usher in a new era of mutual prosperity. Both Presidents have shown remarkable leadership in guiding this partnership forward. Their engagements, particularly at the West Africa Economic Summit have reaffirmed the mutual desire to build a future anchored in trade, security, and economic transformation. You would recall the words of President Bola Ahmed Tinubu who at the Summit said, “Nigeria and Benin are more than twins. We are the same people. Let us show the region that integration is possible.” I can boldly affirm that the discussions we’ve had from the 31st of July are an extension of that statement and vision.

“The bilateral meetings held in the course of this visit and the ones we will continue to have, offer yet another opportunity for us to deepen our dialogue and build on the gains made through various mechanisms; be it the Trade Facilitation Committee, the Joint Customs Working Groups, or the recent strides made in cross-border trade harmonization. We must seize this momentum to find practical and forward-looking solutions to the challenges that continue to constrain our trade and economic cooperation.

“It is important that we work together to ensure that policies and procedures on both sides of the border promote legitimate trade, encourage investment, and empower our business communities. Let us continue to align our customs and transit frameworks, streamline bottlenecks, and reinforce our joint commitment to regional integration under ECOWAS and the African Continental Free Trade Area (AfCFTA).

On her part, Nigeria’s Minister of Industry, Trade and Investment, Jumoke Oduwole, who presented the resolutions at the meeting noted that the economic cooperation would cover four thematic areas including trading services and private sector engagements, market access, customs procedures and trade facilitation, transport infrastructure and storage. Technical working groups are expected to deliberate of these areas and submit reports in Abuja in the coming weeks.

Minister of Foreign Affairs of the Republic of Benin, Mr. Olushegun Adjadi Bakari, said his country was committed to sustaining excellent mutually beneficial relations with Nigeria.

The Minister of Industry and Trade of the Republic of Benin, Mrs. Shadiya Alimatou Assouman, the Director General of Customs, the Comptroller General of Nigeria Customs Service, Adewale Adeniyi, Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Amb. Nura Abba Rimi, the Director, Africa Affairs Department in Nigeria’s Ministry of Foreign Affairs, Amb. Regina Ocheni, Director, Office of the Minister of State for Foreign Affairs, Amb. Innocent Iwejuo and members of the technical committee as well as members of both delegations, participated in the meetings.

Nigeria, Benin Fine-Tune Framework for Economic Cooperation

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Historic Awolowo House Pulled Down for Space for Growth of ICT, Says Investor

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Historic Awolowo House Pulled Down for Space for Growth of ICT, Says Investor

By: Michael Mike

The rationale behind the pulling down of the historic Awolowo House, a multi-story building, in Ikeja, Lagos, that has been a symbol of innovation since 1978 has been explained.

The iconic building, which is managed by Wemabod, a subsidiary of Odu’a Investment Company Limited, owned by the six South West states of Lagos, Ogun, Osun, Oyo, Ondo and Ekiti, was demolished and is being rebuilt into a modern and magnificent technology haven called Awolowo Technology Mall.

The new Awolowo Technology Mall, is being developed to commemorate and immortalize legendary nationalist, Chief Obafemi Awolowo’s legacy of innovation, quest for knowledge, spirit of discovery, and excellence; qualities that the leading technology companies taking up spaces at the Awolowo Technology Mall are globally famous for.

The new Awolowo Technolgy Mall will more than double the previously available commercial space of Awolowo House from 4,800 sqm to over 9,000 sqm.

On the rationale for the demolition of the former edifice, the managing director of El-Salem Nigeria Limited, Mr Ben Gbade Ojo, whose company is in partnership with Wemabod to develop the Awolowo Technology Mall, told journalists in Abuja at the weekend, that “the Awolowo Technology Mall, now famously called A.T Mall, is a place where top-notch information technology companies will set up shops and offices to exhibit and market the latest information communication technologies and systems, a place where latest ICT products from global technology companies can be found in Nigeria. It is a place where leading ICT experts congregate and set up shops and offices, a place where ICT training is carried out by global ICT geniuses and where ICT puzzles find ready answers, and ICT problems find well-tailored solutions. You will likely find at the A.T Mall, any ICT product or electric product available in the world, and you may not need to travel outside Nigeria for the product. Whatever technology products or services you are in need of, come to A.T Mall, Ikeja, and you will get them”.

He noted that recently, a comprehensive report by data analytics firm, Statisense ranked Lagos as the world’s fastest-growing emerging technology ecosystem in 2025.

The report published on X placed Istanbul in second position, followed by Pune. Belo, Horizonte, Mumbai, Curitiba, Riyadh, Johannesburg, Chennai and Ho Chi Minh City completed the top ten.

Analysts say the ongoing development of the magnificent Awolowo Technology Mall, now sought after by world-class technology firms, will further solidify Lagos’ now globally acknowledged status as a leading technology hub in the world.

Statisense is a leading artificial intelligence data analytics company known for its annual ecosystem intelligence reports across emerging markets.

Historic Awolowo House Pulled Down for Space for Growth of ICT, Says Investor

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Police confirm killing of farmer in Benue

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Police confirm killing of farmer in Benue

By: Zagazola Makama

The Police Command in Benue on Tuesday confirmed the killing of a 55-year-old farmer in Yelwata community, Guma Local Government Area of the state.

Sources told Zagazola Makama that the incident was reported at about 3:44 p.m. by Mr. Zaki Pkan, a resident of Yelwata, who raised alarm after his brother, Mr. Ayua Fedelis Hemen, failed to return from his farm.

“Upon receiving the report, the coordinator of tactical teams in Yelwata mobilised operatives to the area.

“The body of the deceased was discovered in the farm with multiple machete cuts. It was photographed, evacuated and later handed over to the family,” he said.

The sources added that efforts were ongoing to track and apprehend the suspects behind the killing.

Police confirm killing of farmer in Benue

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Security forces destroy bandits’ camps in Benue, recover rifle

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Security forces destroy bandits’ camps in Benue, recover rifle

By: Zagazola Makama

Security forces in Benue have destroyed five camps belonging to suspected armed herders during a clearance operation in the Sankera axis of Ukum Local Government Area.

Zagazola Makama gathered that the operation, which began at about 11 a.m., on Friday was carried out jointly by Ukum Divisional Police personnel, Operation Zenda, visiting units of the Police Mobile Force (PMF), operatives of the State Intelligence Service (SIS) and the Benue Civil Protection Guard.

“During the offensive, five bandits’ camps were destroyed following a fierce gun battle around Dyom and Asom Amadu in Ukum LGA.

“The armed bandits fled with bullet wounds, abandoning one AK-47 rifle with breech number 309416 and five rounds of 7.62mm live ammunition. These were recovered by our men.

“The clearance operation is still ongoing with efforts being intensified to track and apprehend the fleeing bandits,” he said.

The sources said the coordinated operation was part of measures to flush out criminal elements terrorising rural communities in the Sankera axis.

Security forces destroy bandits’ camps in Benue, recover rifle

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