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TINUBU ADMINISTRATION MOBILIZES HALF A BILLION DOLLARS FOR NIGERIA’SFOOD SYSTEM TRANSFORMATION – VP SHETTIMA
TINUBU ADMINISTRATION MOBILIZES HALF A BILLION DOLLARS FOR NIGERIA’S
FOOD SYSTEM TRANSFORMATION – VP SHETTIMA
By: Our Reporter
Nigeria has mobilized over half a billion dollars for innovative, profitable, equitable and sustainable food systems transformation initiative, according to the Vice President, Sen. Kashim Shettima.
The Vice President made the disclosure while chairing a high-level meeting on the first day of the UN Food Systems Summit declared open in Rome, Italy by the United Nations Secretary General, Antonio Guteress.
Vice President Kashim Shettima said the funds were mobilised “through domestic resources, multilateral development banks, international financial institutions, climate funds leading agro-businesses,” and would be used for “Innovation finance for food system transformation; development of Nigeria’s agro value chain and Special Agro-Industrial Processing Zones programmes.”
Explaining further, Sen. Shettima said “in this event, the Government of Nigeria will be showcasing its Value Chain Development Programme (VCDP) as a unique example of a successful partnership between producers, the public sector and private operators.”
“The VCDP which is co-funded by the of Nigeria and IFAD has empowered vulnerable farmers and youth to engage into commercial partnerships with some of the biggest food processing and marketing firms in the world such as OLAM, a world leading agri-business company operating in over 60 countries with an annual revenue of about $39.8 billion,” the Vice President added.
Stating the government’s vision about ending hunger, the VP added that “building on the success of the VCDP, the Federal Government is determined to capacitate Nigeria’s rural smallholders and operators, youth and women living below the poverty line to take advantage of the new Special Processing Zones.”
On the Special Agro-Industrial Processing Zones (SAPZ), Vice President Shettima said it “brings together local governments, IFAD, AfDB, IsDB, GCF, OLAM and other private actors alongside the government of Nigeria for transformative financing of food systems that leaves no-one behind.”
While featuring in the panel discussion with the Prime Minister of Somalia, Hassan Sheikh Mohamud; Deputy President of Kenya, Rigathi Gachagua; and Prime Minister of Niger Republic, Ouhoudou Mahamadou, the VP said President Tinubu “is determined to transform the concept and meaning of modern governance” by demonstrating commitment towards the food system in the country.
According to him, “President Tinubu hit the ground running from day one of his administration, which is barely two months in office, and has therefore declared state of emergency in food security and took it as a livelihood item within the National Security Council.”
On removing impediments to economic recovery, he said “we had two albatrosses around our necks: subsidy on petrol and multiple exchange rates system.
“We withdrew the subsidy on petrol from day one, just like President Ruto did in Kenya. To mitigate the effects of the subsidy removal, the government embarked on the immediate release of grains and fertilizers.
“A commodity marketing board has been put in place to continuously review and monitor the prices of food items.”
“Along this way, the President has already approved the infusion of huge quantum of funds towards repositioning of our security architecture because we have similar problems with Somalia and Kenya, especially in the northeast and northwest regions of the country. We are repositioning our security architecture to provide support for farms and farmers.”
In attendance were the President of IFAD, Dr. Alvaro Lario, H.E. Muhammad Suleiman Al Jasser, President of Islamic Development Bank (IsDB), Vice President of AfDB, Mrs. Hassatau N’Sele, Vice President of OLAM International Mr. Reji George and Vice President, Commodity Aaliance Forum (Representative of farmers) Mrs Ejim Lovelyn.
Declaring the Summit open, the United Nations Secretary General, Antonio Guteress commended the participating countries for their commitment to addressing the problems of hunger and malnutrition.
“This is the gathering about food system. It is essentially to fulfill those basic of human rights – the right to food. It is outrageous that people continue to suffer in the world of plenty,” the UN scribe stated.
The Vice President also had bilateral meeting with the Italian Prime Minister, Giorgia Meloni. Both leaders discussed issues about the development of the two countries.
The Vice President was accompanied to the meeting by Nigeria’s Ambassador to Italy, Mfawa Abam and the Deputy Chief of Staff to the President, Sen. Ibrahim Hadejia, and other senior government officials.
TINUBU ADMINISTRATION MOBILIZES HALF A BILLION DOLLARS FOR NIGERIA’S
FOOD SYSTEM TRANSFORMATION – VP SHETTIMA
News
NDLEA Arrests Saudi-bound Wanted Drug Lord, Dismantles Laboratory, Recovers 148.3kg Colorado, Precursors
NDLEA Arrests Saudi-bound Wanted Drug Lord, Dismantles Laboratory, Recovers 148.3kg Colorado, Precursors
… Nabs 73-yr-old grandpa, 70-yr-old grandma in Edo, Bayelsa
By: Michael Mike
A wanted drug lord 40-year-old Yussuf Azeez has been arrested by operatives of a special operations unit of the National Drug Law Enforcement Agency (NDLEA) at the Murtala Mohammed International Airport Lagos while on his way to Saudi Arabia.
Azeez was arrested on his way for Umrah, a holy pilgrimage, after months of intelligence and surveillance on him and his criminal drug activities.
A statement on Sunday by the spokesman of the anti-narcotics agency, Femi Babafemi said the alleged drug kingpin had been arrested and charged for drug offences in the United Kingdom but jumped bail and escaped to Nigeria. Soon after settling down in Lagos, he set up a massive clandestine laboratory in the Lekki area of the state for the production of Colorado, a deadly synthetic cannabis and other illicit substances.

Babafemi said at about 6:30am last Thursday, Yussuf walked into the waiting hands of NDLEA operatives at the Lagos airport while attempting to board his flight to Saudi Arabia for Umrah. He was subsequently swiftly driven to his 17 Vincent Eku street, Ogombo, Lekki, clandestine laboratory which has been under surveillance for a while.
He was said to be found in company of another suspect, 43-year-old Abideen Kekere-Ekun, at the time of his arrest.
Babafemi said inside the massive building, operatives from the agency’s Directorate of Forensic and Chemical Monitoring were able to dismantle all installed laboratory equipment, precursor chemicals and already produced illicit substances including Colorado, all weighing 148.3 kilogrammes.
The spokesman added that at the Sifax bonded terminal in Okota, Lagos, NDLEA operatives in conjunction with men of Customs Service and other security agencies last Friday discovered 105.5 kilogrammes Molly, a designers drug and 500 grammes of methamphetamine during a joint examination of a shipment.
In Niger state, NDLEA operatives last Thursday intercepted Ibrahim Mohammed, 35, in a Volvo truck marked GRZ 872 XA along Kainji-Wawa road while conveying 87,000 pills of tramadol and 72 kilogrammes of skunk, a strain of cannabis.

Babafemi said not less than 34,520 capsules of tramadol were found concealed in different compartments of a Toyota Corolla car marked GAN 102 AR intercepted along Zaki-Biam – Wukari road last Monday while the driver Aliyu Samaila, 25, was arrested.
He said the opioids were loaded from Onitsha, Anambra State, and heading to Cameroon. In another operation in Taraba, NDLEA officers last Thursday arrested a suspect Felix Tanko Chinedu, 28, with 15,020 capsules of tramadol at Kasuwabera ATC in Ardo Kola local government area.
In Kogi state, NDLEA operatives on patrol along Okene/Lokoja highway last Wednesday intercepted a consignment of 7.600 kilogrammes Loud, a strong strain of cannabis. A follow-up operation in Abuja led to the arrest of the owner, Chukwunonso Anieze, 40, while no fewer than 175,000 pills of opioids were recovered from another consignment at the location same day.
Three suspects: Olayide Oyidiran, 39; Abdulsalam Abdulsalam, 28; and Opeyemi Tijjani, 39, were last Wednesday nabbed at Abuja/Kaduna tollgate with 769 kilogrammes skunk being conveyed in a truck marked TRE 897 BE, coming from Lagos en route Owo, Ondo state and heading to Kano.
He said a 73-year-old grandfather James Ugbedo was laat Friday arrested in a cannabis plantation at Igbeshi forest, Imiakebo, Etsako East local government area, Edo state where 1,459.75 kilogrammes skunk was destroyed and 5.6 kilogrammes of same substance evacuated, while 70-year-old grandma Mrs. Comfort Odudu was nabbed at Onopa, Yenagoa, Bayelsa state with 5 kilogrammes skunk last Tuesday.
Babafemi said with the same vigour, commands and formations of the agency across the country continued their War Against Drug Abuse (WADA) sensitization activities to schools, worship centres, work places and communities among others in the past week.
Meanwhile, the Chairman/Chief Executive Officer of NDLEA, Brig. Gen. Buba Marwa (rtd) while commending the officers and men of SOP, DFCM, Tincan, Edo, Taraba, Kaduna, Kogi, Niger and Bayelsa commands for the various successful operations, enjoined them and their colleagues across the country to continue with the ongoing balanced approach to the drug control efforts of the agency.
He said: “The dismantling of yet another clandestine laboratory for the production of Colorado and other dangerous synthetic substances and the arrest of the kingpin behind it in Lekki, coming barely a week after similar actions were taken against another cartel in Ajao estate Lagos shows that these are no doubt the first in the series of what will be many strikes against merchants of death who prey on the weak in our communities. Let it be known to those still hiding in the dark that the NDLEA supported by our local and international law enforcement partners will continue to hunt them and bring them to justice.”
NDLEA Arrests Saudi-bound Wanted Drug Lord, Dismantles Laboratory, Recovers 148.3kg Colorado, Precursors
News
Zulum Hails Indimi’s FSPO as $350 Vessel Sail-Away
Zulum Hails Indimi’s FSPO as $350 Vessel Sail-Away
By: Our Reporter
Borno State Governor, Professor Babagana Umara Zulum has described the first indigenous Floating Production, Storage, and Offloading (FPSO) vessel, owned by Nigerian oil magnet, Alhaji (Dr) Muhammadu Indimi, as a landmark achievement for Nigeria’s industrial and technological advancement.
Governor Zulum stated this on Saturday, at the sail away ceremony of the EMEM Floating Production, Storage, and Offloading Vessel (FPSO), held at the Drydocks World facility in Dubai, which marked the completion of the vessel, and is now set to depart for Nigeria.

“The sail away of the EMEM FPSO is more than an engineering feat,” the Governor stated. “It is a powerful statement of confidence in Nigeria’s energy future and a reflection of what homegrown enterprise can achieve when guided by vision, discipline, and excellence.”
He began his remarks by thanking the Government and People of Dubai for their hospitality, noting that hosting the milestone in the UAE “underscores the strength of our mutual commitment to innovation, trade, and sustainable development.”
The EMEM FPSO, a $315 million facility with a storage capacity of one million barrels and a production capability of up to 30,000 barrels per day, is the first FPSO to be fully financed by an indigenous Nigerian company, Oriental Energy Resources Limited.

The Governor specifically commended Dr. Muhammadu Indimi and the Oriental Energy Resources team for this “bold accomplishment.”
“This achievement does not only contribute to national output,” he said, “it reinforces our collective belief that Nigeria’s private sector has the capacity to drive growth, create jobs, and compete globally.”
Upon its deployment to Petroleum Mining Lease (PML) 15, the FPSO is expected to boost Nigeria’s oil production and enhance national revenue, aligning with the economic diversification goals of President Bola Ahmed Tinubu’s Renewed Hope Agenda.
Governor Zulum concluded that the project’s success reflects the “resilience, innovation, and self-reliance” that define ongoing efforts to rebuild Borno State.
“It inspires confidence that, with determination and partnership, Nigeria’s best days lie ahead,” he said.

He wished the EMEM FPSO a safe voyage and productive operations, calling it a “symbol of Nigeria’s strength, ingenuity, and promise.”
The event was attended by the Governor of Adamawa, Hon. Ahmadu Umoru Fintiri and his Akwa Ibom state counterpart, Umo Eno; elder statesman Ambassador Babagana Kingibe (GCON); Chairman (CEO) Oriental Energy Resources, Alhaji Muhammadu Indimi; Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri and representative of the Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
Zulum Hails Indimi’s FSPO as $350 Vessel Sail-Away
News
VP Shettima Departs Belem For Abuja After Successful COP 30 Engagements
VP Shettima Departs Belem For Abuja After Successful COP 30 Engagements
- As Nigeria reaffirms resolve to champion climate change solutions in Africa
By: Our Reporter
The Vice President, Senator Kashim Shettima, has departed Belem, Brazil, for Abuja after a successful diplomatic engagement in the South American country where he represented President Bola Ahmed Tinubu at the 30th Session of the United Nations Climate Change Conference (COP 30).
This is just as Nigeria has reaffirmed its determination to continue to use its influence to lead the way in seeking solutions to climate change matters in Africa and beyond.
The Conference convened by Brazil’s President, Luiz Inácio Lula da Silva, in collaboration with the United Nations and other global partners, was held from November 6 to 7 in the city of Belém, capital of the state of Pará, in the Brazilian Amazon.
During the international engagement, Vice President Shettima joined other world leaders, development partners and business executives at the Leaders’ Climate Summit – COP30, where he delivered a speech on Nigeria’s effort in addressing climate change, saying the nation’s renewed climate agenda represents “not just an aspiration, but a solemn national commitment to preserve the planet for future generations.”
VP Shettima also represented President Tinubu at a high-level thematic session titled, “Climate and Nature: Forests and Oceans,” on the margins of COP 30, where he delivered Nigeria’s bold statement.
Delivering the statement titled, “The Rational Soul of Nature,” he called on global partners “to recognise the economic value of nature and to channel significant finance towards protecting and restoring it through predictable, equitable, and accessible funding mechanisms.”
The Nigerian Vice President also took part in the launch of the Tropical Forest Forever Fund, and participated in a roundtable chaired by President Lula on Climate and Nature, as well as an Amazonian Cocktail for Heads of Delegation, hosted by the President of Brazil.
On the sidelines, Senator Shettima also held bilateral meetings focused on establishing and managing Nigeria’s participation in the carbon markets, enabling the nation to unlock between $2.5 billion and $3 billion annually in carbon finance over the next decade to help meet climate goals.
Meanwhile, Nigeria has affirmed its determination to continue to use its influence to lead the way in seeking solutions to climate change matters in Africa and beyond.
Special Adviser to the President on NEC and Climate Change, Rukaiya El-Rufai, who disclosed this in an interview with journalists, gave a recap of the Vice President’s participation in COP 30 held Belem, Brazil.
She said Nigeria will use its influence to mobilize finance for the country, as well as advocate the adaptation finance for African nations in order to collectively tackle the challenges of climate change.
“One thing that I know the whole world would look out for is Nigeria’s leadership in Africa. So we do have our influence in the regional ECOWAS and also at AU platforms to demonstrate that we are that big brother.
“So, we must galvanize all stakeholders, both in public and private sectors, to make sure we implement our National Determined Contributions (NDCs) and make it work for us,” she said.
The presidential aide added that Nigeria’s natural resources will also play a key role in mitigating the effects of climate change.
“The natural capital we have – don’t forget that we are an oil-producing nation and endowed with vast natural gas resources and renewables – we will also continue to use that to implement the NDCs in a way that works for us and addresses the sustainable development challenges that we are facing,” El-Rufai added.
On the passion of the Nigerian government for seeking solutions to climate change matters, El-Rufai said, “Nature and climate are the very home that makes our economy thrive and also gives us the stability to live good lives. So, we are dependent on nature.
“That is why how you consume and use the natural resources is important to ensuring sustainability of livelihoods, economies and everything. So, this why we need to live our lives responsibly and also leave a better future for generations to come.
“The government led by President Bola Tinubu is concentrating on resilience and ensuring that there is long term shared value creation. The government will continue to prioritize climate and nature as well as ensuring that we lead on the necessary climate policies,” the Special Adviser added.
Noting that many countries are yet to submit their NDCs to the United Nations Framework Convention on Climate Change (UNFCCC), El-Rufai urged them to emulate Nigeria, just as she praised Nigeria for taking the lead.
“There are many countries that haven’t submitted their NDCs yet but Nigeria has. China and EU just submitted; so, you can see we are leading because we also have our Climate Change Act as well as our carbon market framework in place, and that is why the theme for COP 30 is apt: COP of Action and Implementation.
“This COP Presidency said they are not creating anything new; rather, let world leaders seat and operationalize NDCs and make sure all those climate-related finance pledges made at Baku that were brought down from $1.3 trillion to $300 billion come to a reality,” she stated.
VP Shettima Departs Belem For Abuja After Successful COP 30 Engagements
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