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ODA Cuts: UN tasks Nigeria on embracing domestic, private sector funding
ODA Cuts: UN tasks Nigeria on embracing domestic, private sector funding
…says $17bn annual illicit financial flow loss would have made impact
By: Michael Mike
The United Nations has advised Nigeria to adopt an alternative model of funding to drive its economy, following the Official Development Assistance (ODA) cuts from major donors to poor and developing countries.
The United Nations Resident and Humanitarian Coordinator in Nigeria, Mohamed Fall who gave the advise on Monday at a press briefing organised ahead of the United Nations, Co-convener of the forthcoming 2025 Africa Social Impact Summit (ASIS) holding next month, advised Nigeria to explore domestic resources from the state and the private sector.
He said: “We are entering a new era where ODA, where development financing, where humanitarian financing will never be the way it has been for the past decade.
“This is why we think that it is time for us to focus on what kind of alternative model is the most viable for financing development in context like the one of Nigeria. And today financing development cannot find any other source than the domestic resources.”
As Co- Convener of this year’s ASIS, the UN official noted that, “This summit is taking place at a time where we really need to pull together our effort, our reflection and see which direction we need to take to make sure that private sector comes to the development financing not only as a charity or not only as a corporate social responsibility, but as an investment for development with a shared value and a shared understanding that any investment or any gain you make in development is going to benefit the private sector, to the shared value or the win-win concept of the partnership.”
Fall who made emphasis on the $17 billion Nigeria loses through illicit financial flows annually, noted that it would have made meaningful contribution to the nation’s development.
He said: “If you compare how much Africa get in ODA to how much Africa loses when it comes to illicit financial flow or any other financial flows that take capital out of the continent, you can agree that what we receive in ODA is maybe five, six, seven times less than the money we lose into those kinds of mechanisms.
“If I take the case of illicit financial flow, people say that the African continent will lose up to maybe $90 billion through illicit financial flow.
“Nigeria alone loses 20% of those $90 billion. It means what? It means around $17 billion a year lost through illicit flow. If that one was converted into development, it could represent up to 50% of what the state is spending annually, including for the debt service recovery.
“This is why we want this to be a forum of deliberation, exchanging ideas, identifying opportunity, to go beyond the narrative to an action.
“We want the forum to go beyond the rhetoric to an implementation of plan where we see truly how private sector can help to drive the development agenda, not only based on the charitable spirit that the private sector or the capital of industry can have, but by their own interest that when they develop the sector or when development takes place, it’s first and foremost for the benefit of their own business.”
Managing Director and CEO, Sterling Bank PLC, Abubakar Suleiman while stressing the importance of partnering with the UN on ASIS, said the private sector in Nigeria must engage in activities that would generate both financial and social values to the country.
He said: “And we asked ourselves, who could possibly help us achieve this objective? Who could call and every serious-minded person who is interested in solving Nigeria’s problem would show up? And there’s no better candidate for that than the UN.
“We need to create a culture where those of us that are profitable and make money working in Nigeria do more. Not just for the sake of the media, but do more to change the fabric of the country itself, not through charity, but by developing programmes and products that put money where it can create value.
“There is a crisis that needs to be solved and that this is probably our biggest opportunity to come together towards solving that.
“This is the platform. And I want to commit on behalf of Sterling Bank that we will continue to raise the standard. We will continue to push so that it’s not just a one-man war.”
Suleiman further charged the private sector to step up and bridge the resources gap occasioned by ODA saying, “The days where we can count on resources coming from across the border to solve our problem, they’re over. It may have started slow, but I think it is time now. We’re going to have to face the fact that there will be no international resources that will be sufficient enough to solve our problem. This particular summit, more than ever, should be a very sobering one.
“Nigeria is a country that does not collect a lot of taxes and whatever is not collected in taxes is in the pocket of the private sector so as long as the private sector controls more than 80 percent of the resources of this country, they have an obligation to bring those resources to bear in solving social problems.
“We need to make it a clear obligation until the government of this country can collect 30 percent, 35 percent of the GDP in taxes and have the power to do big stuff, we in the private sector must step up.”
Chief Executive Officer, Sterling One Foundation, Olapeju Ibekwe explained that this year’s Summit themed “Scaling Action: Bold Solutions for Climate Resilience and Policy Innovations” was a reminder everyone must “put their hands on the plow and whatever they have been doing before, now is the time for us to accelerate. 2030 is closer to us than when we first knew about it.
“This is an execution platform for people to work together. We seek to achieve three major objectives: effective partnerships; impact investments into scalable, viable solutions; and policy advocacy. We are proud to confirm that we have started all of this. And this year, we are looking to scale action,” she said.
ODA Cuts: UN tasks Nigeria on embracing domestic, private sector funding
VP Shettima: Hajiya Sutura Shagari Will Be Remembered For Her Selflessness, Compassion
- Leads FG delegation on condolence visit to the late former president’s family in Sokoto
By: Michael Mike
The Vice President, Senator Kashim Shettima, has described the passing of Hajiya Sutura Shehu Shagari, the last surviving wife of former President Shehu Shagari as a huge loss to Nigeria, saying she will be remembered for her life of compassionate and selfless service to her community and the nation at large.
Senator Shettima spoke on Sunday when he led the Federal Government delegation to condole with the Shagari family over the demise of the matriarch of the Shagari family in their residence in Sokoto State.
Announcing the death of the last surviving wife of the former President, a statement signed by the eldest son of the former President and Sarkin Mafaran Shagari, Capt. Bala Shagari, had noted that the late Hajiya Sutura died at about 3pm on Monday, November 10, 2025, after a prolonged illness at the age of 79.
Commiserating with the Shagari family in Sokoto, the Vice President who said he was in the state at the instance of President Bola Ahmed Tinubu prayed for the repose of Hajiya Sutura’s soul, as well as comfort for the family and the Sultanate.
“We are here at the instance of His Excellency, President Bola Ahmed Tinubu, to condole with the government and people of Sokoto State, His Eminence, the Sultan of Sokoto and the immediate family of our late President, Alhaji Shehu Usman Aliyu Shagari, over the sad event of the passing of his last surviving wife, Hajia Sutura Aliyu Usman Shagari,” he stated.
Vice President Shettima also prayed Almighty Allah to reward the departed with Aljannah Firdaus, as well as the fortitude for the immediate family, Sokoto State and the entire nation to bear the loss.
“May Allah grant her soul eternal rest and reward her with Aljana Firdaus. May Allah also grant the family and the good people of Sokoto and the nation as a whole, the fortitude to bear the irreparable loss,” he prayed.
Earlier, the Governor of Sokoto State, Dr. Ahmed Aliyu Sokoto, thanked the Vice President for the show of love and concern about not only the Shagari family but the entire Sokoto State.
“The visit is a gesture which speaks volumes for having you in our midst today. Distinguished audience, you may recall that the Vice President has been here almost, I can say, four times since the inception of our administration. This is a show of love and the concern.
“We thank you most sincerely; we thank you for your coming. We pray Allah to give you sound health, and to give you courage to continue the good work you are doing for this great country,” the Governor told VP Shettima.
Also, leader of the Shagari family and District Head of Shagari, Capt. Bala Shagari (rtd), thanked the Vice President for leading the Federal Government’s delegation to condole with the family.
He said it was a great honour having the Federal Government’s delegation sent by President Tinubu to condole with the Shagari family in their moment of grief, even as he also thanked the state Governor for taking care of the Shagari family.
Also in attendance were the Minister of State for Works, Senator Bello Mohammed Goronyo; former Attorney -General of the Federation and Minister of Justice, Bello Mohammed Adoke, and former Deputy Governor of Sokoto State, Alhaji Mukhtari Shagari, among other senior government officials.
VP Shettima: Hajiya Sutura Shagari Will Be Remembered For Her Selflessness, Compassion
Duke of Edinburgh Visits Nigeria to Host Series of Events, Meets Tinubu
By: Michael Mike
His Royal Highness The Duke of Edinburgh is expected in the country to host a series of events in Lagos, Nigeria from 17 – 23 November 2025 to champion the expansion of the Duke of Edinburgh’s International Award across the world.
He is also expected to meet President Bola Tinubu in Abuja, and get involved in some other activities at the nation’s capital.
According to a statement on Sunday, Prince Edward, as Chairman of the Duke of Edinburgh’s International Award Foundation, will convene almost 200 young people from more than 50 countries over the week, alongside hundreds of leaders delivering the Duke of Edinburgh’s International Award globally, policymakers, and representatives from global youth movements.
Young people will take part in an intensive three-day youth leadership programme, before taking part in the International Award’s triennial Forum focused on expanding access to the Award globally.
Last year almost 1.2 million young people in more than 130 countries took part in the Award. While young people in the UK make up around half of all participants, Kenya has the second-highest number of young people involved in the Award. In Nigeria – where this week’s events are taking place – participation has surged by 37% in the past year, reflecting increasing interest across West Africa.
On the eve of the Duke of Edinburgh’s Award turning 70 next year, new analysis about the global impact of the Award shows that the social value generated by young people completing the Award in the last year has exceeded £1 billion for the first time. The social value is calculated through a robust methodology developed by PWC quantifying the impact of volunteering, improved mental and physical health, and social cohesion.
The Award has gained increasing momentum in recent years, as the likes of the World Bank, World Economic Forum and International Labor Organisation have placed strong emphasis on skills developed beyond the classroom, such as teamwork, communication skills, resilience and problem-solving.
Over the course of the week the Duke of Edinburgh will meet the President of Nigeria in Abuja, convene senior ministers and international development agencies in Lagos to foster deeper collaboration on non-formal education and take part in major events hosted by the Governor of Lagos and the British Deputy High Commissioner in Lagos.
Secretary General of the Duke of Edinburgh’s International Award worldwide, Mr. Martin Houghton-Brown, commented that: “More and more young people across the world are taking on the challenge of the Award, and embracing learning outside the classroom. Through smartphones and AI, young people can access the world’s knowledge in seconds fingertips, but the Award is providing a fresh challenge and helping young people develop the skills that give them the ‘human edge’. From team work to creativity, determination to flexibility, the Award is helping young people across the world become World Ready. Our gathering here in Lagos is focused on significantly increasing opportunities for young people in every country to take on the Award’s challenge and opportunity.”
British Deputy High Commissioner in Lagos, Mr. Jonny Baxter said: “The Duke of Edinburgh’s International Award exemplifies the potential of Nigeria’s young people, and that is important because Nigeria’s success matters deeply to the UK. As partners, we share a commitment to empower the next generation, create jobs, and unlock economic potential. We applaud Nigeria’s bold reforms and are optimistic that these plans will remove constraints on Nigeria’s entrepreneurial spirit and help move Nigeria forward. The UK stands ready to work together to drive growth, stability, and prosperity for the benefit of both our countries.”
The Duke of Edinburgh’s International Award is a global framework for non-formal education, empowering young people to develop skills, resilience, and a spirit of service. It is delivered through schools, youth organisations, and community groups worldwide.
Founded in 1956 by HRH The Duke of Edinburgh, Prince Philip, the Award has grown from a UK-based initiative into the world’s most widely recognised youth achievement framework delivered in more than 130 countries and territories, with 1.2 million participants annually. The Award equips young people aged 14 to 24 with essential skills for life and work, including confidence, empathy, teamwork, resilience and leadership, through experiential learning beyond the classroom.
As the Duke of Edinburgh’s International Award approaches its 70th anniversary, more than 1,500 young people begin their Award journey every day, engaging in activities from environmental restoration and volunteering to skills development and adventurous journeys.
Duke of Edinburgh Visits Nigeria to Host Series of Events, Meets Tinubu
Border Governance: NIS, IOM Strengthen Collaboration
By: Michael Mike
The Nigeria Immigration Service (NIS) as part of its efforts at enhancing border management, has reinforced its collaboration with the International Organisation for Migration (IOM).
The collaboration aims to strengthen institutional cooperation for effective migration management and border governance in Nigeria.
At a meeting, held in Lagos, themed “Strengthening Strategic Collaboration for Effective Migration Management and Border Governance.” NIS Zonal Coordinator, ACG Echefulam Anugwa, hailed the partnership as a model for government–international organisation collaboration, commending IOM for its continued support.
Goodwill messages from donor agencies, including the British High Commission, German Consulate, and Dutch Consulate highlighted the importance of leveraging the partnership for improved border governance.
In her keynote address, NIS Comptroller-General, Kemi Nandap noted that the engagement offered a strategic opportunity to review NIS–IOM cooperation and chart a roadmap for deeper collaboration towards modernized, technology-driven border management.
She acknowledged IOM’s contribution to institutional reforms, operational capacity enhancement, and policy development, including the National Border Management Strategy.
IOM Nigeria Chief of Mission, Dimanche Sharon, on his part, commended NIS for its visionary leadership, citing its regional reference status in digital border governance through systems such as MIDAS, e-Border solutions, and enhanced identity management.
He emphasized that the engagement would help identify operational gaps, capacity needs, and areas for impactful interventions in the next phase of NIS–IOM partnership.
The two-day engagement includes high-level presentations and technical sessions, aimed at producing actionable recommendations and a joint roadmap to guide future NIS–IOM collaborations.
The initiative is expected to bolster Nigeria’s leadership in migration management and border governance in West and Central Africa.
During the engagement the two organisations, NIS and IOM issued a communique identifying their key priority areas.
The actionable deliveries on the key priority areas include: Policy & Legislation; Institutional & Capacity Development; Infrastructure Development & Equipment; Migration Management; Border Governance and Legal Identity Solution
Border Governance: NIS, IOM Strengthen Collaboration
VP Shettima: Hajiya Sutura Shagari Will Be Remembered For Her Selflessness, Compassion
Duke of Edinburgh Visits Nigeria to Host Series of Events, Meets Tinubu
Border Governance: NIS, IOM Strengthen Collaboration
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