National News
Our Youths Will Transition Nigeria Into Digital Economy Powerhouse – President Tinubu
Our Youths Will Transition Nigeria Into Digital Economy Powerhouse – President Tinubu
- As African countries commit to greater financing, digital access at IDA21 Summit:
- Resolve to mobilise domestic resources for Africa’s economic transformation
By: Our Reporter
President Bola Ahmed Tinubu declared on Monday that Nigeria is set to harness the potential of its youthful population to transform into a global digital economy powerhouse.
He also hinted at the nation’s plans to become a global hub for outsourcing talent within the digital and creative economy.
This was the submission made by President Tinubu who was represented by Vice President Kashim Shettima at the meeting of African Heads of State and Government on the 21st Replenishment of the International Development Association (IDA21) in Nairobi.
This is just as African Heads of State and Government committed countries on the continent to strengthen implementation capacities, mobilising domestic resources, and partnering effectively with IDA to accelerate the continent’s economic transformation.
President Tinubu also reiterated Nigeria’s plans to build a vast digital market capable of absorbing cutting-edge innovations and technologies, positioning the country as a hub for outsourcing talent in the digital and creative economy spheres.
“Being a young country with a median age of about 18, our interventions in the digital economy have been so extensive that we are no longer boasting of having the most unicorns, but preparing to serve as a global hub for outsourcing talents,” the President stated in his submission titled “The Path to Recovery: Nigeria’s Journey Beyond Sabotage”, which was delivered to the Summit by VP Shettima
President Tinubu informed other African leaders of the sweeping reforms implemented by his administration to curb illicit activities and currency manipulation that had long hindered the nation’s progress.
“Since assuming office, President Tinubu has remained steadfast in fulfilling his promise to end the reign of economic saboteurs who have long exploited and hindered the progress of our nation. I am pleased to report that our economy has escaped the phase of sabotage,” the VP noted.
Alongside the digital transformation agenda, President Tinubu said Nigeria is committed to prioritizing climate resilience and becoming an attractive destination for carbon market investments.
“The tensions resulting from climate-induced disruptions serve as a pressing call to action. The profound impact of climate change on our continent’s security underscores our dedication to transforming innovative concepts from conference discussions into tangible actions. We aim to become an investment-friendly destination for carbon market investments,” the organ was informed.
He expressed Nigeria’s belief that the summit’s communiqué would reflect the collective needs of African and IDA countries, capturing their “nuances, consensus, dreams, and projections.”
President Tinubu listed key priorities for Nigeria’s economic recovery in his administration’s Renewed Hope Agenda, anchored on poverty alleviation, to include economic expansion, job creation, enhanced access to capital, food security, and inclusivity.
He also stressed the importance of regional economic integration through instruments like the African Continental Free Trade Area (AfCFTA) Agreement to dismantle investment barriers and facilitate access to international markets.
“Our path to the future depends on nurturing strategic partnerships with other nations and development organizations. Therefore, we will utilize our absolute and comparative advantages to establish partnerships across borders,” the President said.
Earlier in his opening remarks, the President of Kenya, William Ruto, said the summit was urgent because it was “convened at a critical juncture facing a convergence of global crises which include escalating geopolitical tensions that challenge international unity, a deepening development and debt crisis that threatens our economic stability, and an urgent climate emergency that demands immediate and collective action for our planet’s survival.”
He gave instances of the devastating impact of severe flooding in the East African region which, according to him, has displaced thousands in Nairobi alone, and the vulnerability of the continent to extreme weather patterns, which points to the critical role of the IDA in financing Africa’s development and stability.
“This new normal demands our immediate and united action to safeguard our collective future. This underscores the critical role of IDA for Africa Summit as a cornerstone for financing for Africa. IDA has directed 75% of its total commitment which is nearly $26 billion to Africa in the last fiscal year with African countries comprising 8 of IDA’s top 10 borrowers. This support is not just financial but it’s a lifeline for development and stability,” President Ruto said.
Also speaking, the World Bank President, Ajay Banga, expressed optimism about Africa’s potential, saying “it’s very easy to feel hopeful when we’re together anywhere in Africa,” adding that you feel the infectious energy of young people.”
Banga affirmed the IDA’s commitment to accelerating progress on the continent, vowing to “move with urgency and purpose,” while making the institution more efficient and impactful.
“We stand at the crossroads of a new era of growth and prosperity for Africa,” he said.
At the end of the Summit, African Heads of State and Government adopted a joint communique committing countries on the continent to accelerate the continent’s economic transformation by strengthening implementation capacities, mobilising domestic resources, and partnering effectively with IDA.
They also called for an ambitious replenishment of the International Development Association (IDA) to support the continent’s development goals.
The Nairobi Communique described IDA as Africa’s largest source of concessional financing, outlining priorities for IDA21 to include building human capital, creating jobs, boosting energy and digital access, enhancing resilience to climate change and fragility, and promoting inclusive growth policies.
Our Youths Will Transition Nigeria Into Digital Economy Powerhouse – President Tinubu
UN Agency Gives USD 395,000 to 39 Land Restoration Projects Worldwide
By: Michael Mike
In a decisive step to reverse land degradation, 39 land restoration projects led by grassroots organisations have been awarded USD 395,000 through the inaugural Small Grants Programme of the G20 Global Land Initiative (GLI), a flagship initiative of the United Nations Convention to Combat Desertification (UNCCD).
Drawn from 22 countries, the winning projects were selected for their innovation, impact and sustainability. Over 650 organisations from more than 100 countries applied for the award. The winners were selected following three rounds of review by separate UNCCD staff teams, with varied expertise in land management and restoration.
Awardees will receive between US$5,000 and US$15,000 to fund grassroots efforts that boost local economies, improve food and water security and strengthen ecosystem resilience.
The announcement was livestreamed at an event showcasing the grant winners.
The Small Grants Programme is an important tool for achieving the G20 GLI’s mission of reducing degraded land by 50 percent by 2040.
Speaking during the award ceremony, Director of the G20 Global Land Initiative,Dr. Muralee Thummarukudy, said: “We are aware that these big numbers, cannot be achieved by small initiatives alone. Yet, we feel, it is important that tens of thousands of small actors, engaged in land restoration around the world, be supported, promoted and recognized,”
Special priority was given to organisations accredited to UNCCD and to projects empowering Indigenous Peoples, youth, women and the elderly.
The programme was set up in 2024 to support community-level non-profit organisations worldwide. According to a statement, by directly supporting civil society and grassroot actors, these grants will generate measurable progress across global aided restoration priorities, such as soil fertility enhancement, forest regeneration, sustainable agriculture, agroecology and ecosystem-based adaptation.
The statement added that beyond reclaiming land, the projects are enhancing livelihoods, strengthening community climate resilience, and fostering social enterprise and eco-preneurship.
“When we do these small grants program, it is not just about the grant. It’s about the network which we create and the visibility it provides — both for those within it and those outside who can benefit from their knowledge and experience,” Thummarukudy added.
Three of the highest-scoring projects were showcased at the UNCCD Conference of the Parties held in Riyadh, Saudi Arabia, in December 2024, to highlight their potential for scaling and replication across regions.
The statement also revealed that winners will also be showcased at select high-level events in the future, stating that the G20 GLI is committed to inclusive and continuous engagement, and is exploring future
collaboration opportunities for the applicants not selected in this round.
Stressing that “this is just the beginning, this will be an annual process, the next cohort is about to start,” Dr Thummarukudy invited community organisations doing land restoration to apply to join the network because both “big and small” [efforts] are important.
He noted that the second call for applications will open in 2025 with increased funding and expanded
support for grassroots restoration efforts worldwide.
Innovative community-led restoration initiatives are essential for creating green jobs, especially for youth and women..The awards provide support that can transform restoration into a catalyst for economic opportunity and sustainable environmental management.
Examples of selected 2024 grantees include: Legacy of War Foundation (Rwanda), which will restore six hectares of degraded soil while empowering 90 women as landowners of fully organic cooperative farms. By integrating climate-smart and artisanal farming methods, the project aims to improve soil fertility and agricultural resilience in post-conflict rural communities.
Up2Green Foundation (India) is restoring mangroves and riverbanks in Tamil Nadu, India. The project is reforesting 60 hectares and planting 15,000 fruit trees, enhancing biodiversity, strengthening coastal resilience for flood prevention, and training local communities in sustainable agroforestry practices.
Sustainability and Environmental Studies Endeavor (Nepal) is working to restore
ecological balance along the mythological Nagaraj Trail. By revitalizing degraded farms, wetlands and forests using nature-based solutions, the project promotes nature-inclusive agriculture and convivial conservation approaches.
The G20 Global Land Initiative was launched in 2020 under the Saudi G20 Presidency. Hosted by the UNCCD, its ambition is to reduce degraded land by 50 percent by 2040. By showcasing
land restoration, empowering civil society, engaging the private sector and building capacity, G20 GLI is driving restoration to scale and energizing a restoration economy. The Small Grants Programme is a key component of this vision, empowering civil society to restore degraded lands and promote sustainable land management at scale.
UN Agency Gives USD 395,000 to 39 Land Restoration Projects Worldwide
National News
VP Shettima Mourns Late Alhaji Aminu Dantata, Says Nigeria Has Lost An Irreplaceable Institution
VP Shettima Mourns Late Alhaji Aminu Dantata, Says Nigeria Has Lost An Irreplaceable Institution
By: Michael Mike
Vice President Kashim Shettima has expressed deep grief over the passing of prominent Nigerian businessman and philanthropist, Alhaji Aminu Alhassan Dantata, saying the nation has lost an irreplaceable institution.
The late Dantata, an uncle of Africa’s richest man, Alhaji Aliko Dangote, passed away at the age of 94 in Abu Dhabi in the early hours of Saturday in the United Arab Emirates (UAE), according to Mustapha Abdullahi Junaid, his Personal Private Secretary (PPS), who confirmed the death.
In a condolence message, Vice President Shettima praised the late businessman for his lifetime of service, describing him as “a living bridge that connected us to our past.
“We have not just lost a leader; we have lost an irreplaceable institution,” Senator Shettima said, describing Dantata as “one of the greatest titans in Nigeria’s philosophical history” whose departure marks the end of a vital chapter in the country’s economic and democratic evolution.
“In African tradition, when such an elderly person transitions, a vital chapter of our history departs with them. He was indeed among the great titans, a living bridge that connected us to our past,” VP Shettima added.
The Vice President extended heartfelt condolences to the Dantata family, expressing hopes that they would “find the fortitude to bear this irreparable loss,” even as he prayed that Almighty Allah would grant the deceased Jannatul Firdaus.
Born into the legendary Dantata family of Kano, Alhaji Aminu built on his father’s commercial legacy to become one of Nigeria’s most influential business figures. His empire spans construction, manufacturing, banking, agriculture, and the oil and gas sectors.
Beyond business, Dantata was renowned for his extensive philanthropic work, funding schools, mosques, health centres, and supporting widows and the underprivileged across Nigeria.
VP Shettima Mourns Late Alhaji Aminu Dantata, Says Nigeria Has Lost An Irreplaceable Institution
National News
Nigeria-EU Senior Officials Meet in Abuja to Prepare for Upcoming Nigeria – EU Ministerial Meeting
Nigeria-EU Senior Officials Meet in Abuja to Prepare for Upcoming Nigeria – EU Ministerial Meeting
By: Michael Mike
The Senior Officials Meeting between Nigeria and the European Union (EU) will be held on Tuesday 1st and Wednesday 2nd July 2025 in Abuja to prepare for the upcoming Nigeria – EU Ministerial Meeting and to explore areas of cooperation.
A statement on Saturday by the Press Officer, EU Delegation to Nigeria and ECOWAS, Modestus Chukwulaka, read: “The Delegation of European Union to Nigeria and ECOWAS wishes to inform that the Senior Officials Meeting between the Federal Republic of Nigeria and the European Union (EU) will be held on Tuesday 1st and Wednesday 2nd July 2025 in Abuja.
“The agenda of the very important meeting is to prepare for the upcoming Nigeria – EU Ministerial Meeting and to explore areas of cooperation.”
According to the statement, the Senior Officials Meeting will be co-chaired by the Regions, Ministry of Foreign Affairs, Nigeria, Ambassador Janet Olisa, Director, and the Deputy Managing Director for Africa Department, European External Action Service, European Union, Mr Mathieu Briens.
The statement revealed that the agenda of the meeting is expected to entail wide-ranging discussions that would focus on various aspects of the Nigeria – EU partnership, such as: Cooperation on multilateral and regional issues; Peace, Security and Governance; Humanitarian situation; Trade and Investment; Human Development: Health, Education, Social Protection; Science, technology, innovation and digital transition; Migration; Energy, climate change and green economy transition among others.
Nigeria and the European Union share a deep, long-standing partnership inspired by mutual values and interests as well as support for multilateralism and rule-based international order, the statement said.
Nigeria-EU Senior Officials Meet in Abuja to Prepare for Upcoming Nigeria – EU Ministerial Meeting
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