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Tinubu, Kashim Shettima and Nigeria’s Call for a More Representative United Nations

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Tinubu, Kashim Shettima and Nigeria’s Call for a More Representative United Nations

By: Dr James Bwala

At the 81st Session of the United Nations General Assembly, President Bola Ahmed Tinubu delivered a powerful appeal for the transformation of the international system. Represented at the General Debate by Vice President Kashim Shettima, the Nigerian leader argued that the United Nations can no longer operate according to a structure designed for the world of 1945. At the centre of his address was a demand for the radical reform of the Security Council, including permanent African representation with full rights and veto powers.

Nigeria’s position is both justified and urgent. Africa is central to many of the security, humanitarian, economic and environmental challenges confronting the world, yet the continent remains excluded from permanent membership of the body responsible for making some of the most consequential decisions on international peace and security. The existing arrangement is not merely outdated; it weakens the legitimacy, fairness and effectiveness of the United Nations. Reform must therefore begin with the reconstitution of the Security Council, while also extending to global finance, climate governance, conflict prevention and technological development.

The Security Council’s present structure reflects the distribution of power after the Second World War, not the political and economic realities of the twenty-first century. The five permanent members—the United States, Russia, China, France and the United Kingdom—retain veto powers that enable them to block substantive decisions, even when those decisions command broad support among the wider membership. Meanwhile, an entire continent of more than 1.4 billion people remains without a permanent voice in the Council.

As Vice President Shettima stated on behalf of President Tinubu, “the world of 2026 cannot remain captive to the distribution of power in 1945.” This observation captures the central weakness of the current system. The international order has changed dramatically since the founding of the UN. Decolonisation created dozens of new states, Africa emerged as a significant diplomatic bloc, and global challenges became increasingly interconnected. However, the institutional arrangement for international security has largely remained unchanged.

Nigeria’s demand is specific. In accordance with the Ezulwini Consensus and the Sirte Declaration, it seeks at least two permanent seats for Africa, with all the rights and responsibilities attached to permanent membership, including veto power for as long as the veto exists. It also calls for a total of five non-permanent seats for the continent. This proposal is not an attempt to privilege Africa. Rather, it seeks to correct a profound imbalance and ensure that those most affected by international decisions participate meaningfully in making them.

Africa cannot continue to supply peacekeepers, host displaced populations, suffer the consequences of foreign interventions and carry the burden of conflicts while remaining absent from the Council’s permanent membership. Many of the crises discussed at the Security Council occur on African soil or have direct consequences for African societies. Conflicts in Sudan, the Sahel, the Democratic Republic of Congo and other regions demonstrate the importance of African perspectives in conflict resolution. Permanent representation would improve the Council’s understanding of regional realities and make its decisions more credible.

Critics may argue that expanding the permanent membership would make the Council less efficient. However, efficiency without legitimacy is not a sustainable basis for international governance. Decisions that exclude large parts of the world are likely to face resistance, weak implementation and declining public trust. A more representative Council may require more negotiation, but it would also produce decisions with greater moral authority and broader international support. In global governance, legitimacy is not an obstacle to effectiveness; it is one of its foundations.

President Tinubu’s call for Security Council reform was part of a broader warning about the danger of war, unilateral aggression and rising nationalism. He urged world leaders to reject the assumption that conflicts in distant countries have no consequences elsewhere. In an interconnected world, warfare disrupts food supplies, energy markets, migration patterns, investment and global security. Domestic conflicts can become international crises, while regional instability can create conditions for terrorism, organised crime and humanitarian disaster.

The President therefore called for a return to the founding principles of the UN Charter: dialogue, mutual respect, collective responsibility and the peaceful settlement of disputes. These principles are not empty diplomatic slogans. They represent a practical framework for preventing escalation and preserving a rules-based international system. Diplomacy should prevail over coercion, cooperation over isolation and international law over the arbitrary exercise of power.

Nigeria’s own record strengthens this argument. The country has repeatedly accepted significant responsibilities in support of peace and stability across Africa. Through its contributions to operations in Liberia, Sierra Leone, Darfur, Mali and The Gambia, Nigeria has demonstrated a willingness to commit personnel, resources and political capital when regional peace is threatened. Its role through ECOWAS, the African Union and Gulf of Guinea partnerships has also included mediation, democratic governance, counter-terrorism and maritime security.

These efforts show that Nigeria is not demanding influence without responsibility. On the contrary, the country’s claim to stronger representation is supported by its history of service. Africa has made significant sacrifices for international peace, frequently facing challenging economic and logistical circumstances. It is therefore reasonable that African states should have a permanent role in determining how global peace and security are protected.

The same principle applies to international economic governance. President Tinubu highlighted inadequate financing as one of the greatest obstacles to sustainable development. Many developing countries devote a large share of their national resources to debt servicing, leaving insufficient funds for education, healthcare, infrastructure and social protection. This situation limits economic growth and makes it more difficult for governments to respond to crises.

A reformed international system must therefore address the unfairness of global financial structures. Developing countries need wider access to concessional financing, responsible debt restructuring and financial arrangements that recognise their developmental needs. It is unreasonable to demand ambitious progress from countries while denying them the resources required to achieve it. International financial institutions must become more responsive, transparent and inclusive, particularly in relation to the needs of African economies.

Nigeria’s economic reforms, according to President Tinubu, are based on disciplined macroeconomic management, strong institutions, private-sector growth and strategic public investment. These domestic efforts are important, but national reforms cannot succeed in isolation from global conditions. High interest rates, unstable commodity prices, debt burdens and limited access to capital can undermine even well-designed economic policies. Nigeria’s development, like that of other African countries, depends partly on a global system that does not systematically disadvantage developing economies.

Climate change provides another compelling reason for greater African representation. Africa contributes less than four per cent of global greenhouse-gas emissions, yet it experiences some of the most severe consequences of a warming planet. Droughts, floods, desertification, food insecurity and climate-related displacement are already affecting communities across the continent. These consequences create economic and security pressures that extend beyond national borders.

President Tinubu rightly rejected the false choice between development and climate action. Developing countries must industrialise, eradicate poverty and expand energy access, but they should be enabled to do so through low-carbon pathways. This requires technology transfer, climate finance and a fair energy transition. It is unjust to expect African countries to remain poor in order to compensate for emissions largely produced by industrialised nations.

Nigeria’s commitment to the Paris Agreement and its goal of achieving net-zero emissions by 2060 demonstrate that climate responsibility and economic development can be pursued together. But international cooperation is needed to back up commitments. Climate finance should not be delivered primarily as loans that increase debt burdens. It must include accessible and predictable funding, technology sharing and support for renewable energy, resilient infrastructure and sustainable agriculture.

The President also addressed emerging technologies, particularly artificial intelligence. Nigeria, he said, will not allow fear to dictate its technological future. AI is a tool shaped by human choices, and its effects will depend on how governments and societies regulate and deploy it. Nigeria’s efforts to expand digital public infrastructure, broadband access and technology entrepreneurship are therefore important not only for economic growth but also for national resilience.

Africa should not be treated merely as a consumer of technology developed elsewhere. African countries must participate in innovation, data governance, digital regulation and the development of emerging industries. At the same time, technological advancement must be accompanied by attention to privacy, inequality, cybersecurity and employment. A human-centred approach can ensure that AI promotes education, healthcare, productivity and public services rather than deepening existing divisions.

Security remains a central concern in Nigeria’s foreign policy. Drawing on the country’s prolonged struggle against Boko Haram, ISWAP and other armed groups, President Tinubu observed that no nation can fully secure itself against threats sustained beyond its borders. Terrorist networks, cybercriminals, arms traffickers and organised criminal groups exploit gaps in international cooperation. Military force may be necessary, but it cannot provide a lasting solution on its own.

Sustainable security requires education, economic opportunity, accountable governance and respect for human rights. Young people who lack meaningful opportunities are more vulnerable to recruitment by extremist organisations. Communities that distrust government institutions may be less willing to cooperate with security agencies. Where justice is absent, grievances can become fuel for instability. International security strategies must therefore address the political and socioeconomic conditions that allow violence to persist.

The conflicts in Sudan and other war-torn countries further demonstrate the need for urgent diplomacy. The international community must not become desensitised to prolonged crises or permit propaganda to obscure the distinction between victims and aggressors. As President Tinubu warned, a world in which truth becomes a crime and perpetrators are protected from justice represents a betrayal of the UN’s founding promise.

Ultimately, Nigeria’s message at the UN General Assembly is a call to restore credibility to multilateralism. The world cannot effectively confront war, terrorism, climate change, debt, poverty and technological disruption through institutions that exclude major regions from meaningful decision-making. Africa’s permanent inclusion in the Security Council is therefore not a symbolic concession. It is a practical requirement for a more representative and capable international order.

A reformed United Nations must reflect the world as it exists today, not as it existed eight decades ago. It must give Africa all the support to participate in the decision that also affects Africa is so many ways. 

  • James Bwala, PhD, writes from Abuja
  • Tinubu, Kashim Shettima and Nigeria’s Call for a More Representative United Nations

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UNFPA, Signify partner to illuminate 10,000 healthcare facilities in seven states

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UNFPA, Signify partner to illuminate 10,000 healthcare facilities in seven states

…₦-free solar intervention targets underserved communities, strengthens maternal healthcare, emergency response, safety of women and girls

By: Michael Mike

The United Nations Population Fund (UNFPA) and the Signify Foundation have entered into a three-year partnership to deploy 10,000 solar lighting solutions to healthcare facilities in seven states and the Federal Capital Territory (FCT), in a move to address poor lighting and improve access to essential health services in underserved communities.

The initiative, which targets hard-to-reach communities, is designed to tackle one of the often-overlooked challenges confronting healthcare delivery in Nigeria: inadequate and unreliable electricity, particularly in facilities providing maternal and reproductive healthcare services.

Under the partnership, 4,170 Philips Essential SmartBright solar streetlights and 5,830 solar floodlights will be installed across selected healthcare facilities in Borno, Yobe, Lagos, Ogun, Sokoto, Akwa Ibom and the FCT.

The first consignment of 3,334 units, comprising 1,390 solar streetlights and 1,944 solar floodlights, is expected to arrive in Nigeria before the end of 2026.

The intervention is expected to improve the safety, accessibility and operational capacity of health facilities, particularly those serving women, girls, adolescents and other vulnerable populations.

Facilities to benefit include safe spaces, youth-friendly centres, obstetric fistula centres and MAMII health facilities, where reliable lighting is critical to ensuring that patients can access services in secure and dignified environments.

The partnership also comes against the backdrop of persistent electricity challenges in underserved communities, where inadequate lighting can constrain the delivery of healthcare, particularly at night, and expose patients and health workers to additional safety risks.

For maternal healthcare facilities, the availability of reliable lighting is particularly important for emergency deliveries, obstetric interventions and other situations requiring immediate medical attention outside normal working hours.

UNFPA Resident Representative in Nigeria, Ms Muriel Mafico, said reliable electricity remained one of the strongest enablers of quality healthcare, describing the partnership as an important intervention towards improving health outcomes in both development and humanitarian settings.

She said the provision of solar lighting would strengthen healthcare delivery by improving local infrastructure and enabling communities to extend service hours.

“This partnership will strengthen Nigeria’s healthcare delivery system by improving local lighting infrastructure.

“Reliable lighting will enable communities to extend service hours, strengthen emergency and maternal health responses, and improve confidentiality and safety for survivors in designated safe spaces. It will also create opportunities for youth engagement,” Mafico said.

She added that illuminating critical community facilities would support safer environments, strengthen community resilience and contribute to better outcomes for vulnerable populations.

Beyond healthcare delivery, the initiative is expected to improve protection and dignity for women and girls, particularly survivors of gender-based violence who require access to confidential support services in safe spaces.

The lighting intervention will also benefit adolescents and young people accessing youth-friendly centres, where a secure and welcoming environment is essential to encouraging them to seek information and essential health services.

Director of the Signify Foundation, Yue Cui, said the partnership reflected the importance of providing healthcare facilities with the infrastructure required to deliver services safely and effectively.

She said quality healthcare depended not only on medical personnel, medicines and equipment but also on creating safe and adequately lit environments for patients and health workers.

“Solar lighting is a practical solution, it is easy to install and maintain, and can serve communities for years.

“At a time when humanitarian resources are stretched, we hope this partnership shows how our interventions can make essential healthcare services safer and more accessible,” Cui said.

The partnership builds on previous interventions by the organisations in Syria and Sudan, extending their collaboration on sustainable lighting solutions to underserved communities in Nigeria.

The three-year programme also highlights the growing role of renewable energy interventions in strengthening essential social infrastructure, particularly in communities where conventional electricity supply remains unreliable or inaccessible.

UNFPA, the United Nations’ sexual and reproductive health agency, works towards a world where every pregnancy is wanted, every childbirth is safe and every young person’s potential is fulfilled.

The Signify Foundation, an independent non-profit organisation primarily funded by Signify, works to expand access to lighting among underserved communities across the world.

With the first consignment expected before the end of 2026, the partnership is expected to provide an additional layer of support to healthcare facilities, particularly those operating in difficult humanitarian and development environments.

UNFPA, Signify partner to illuminate 10,000 healthcare facilities in seven states

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Nigeria, India Sign Human Rights Agreement as Fagbemi Pledges Support for Implementation

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Nigeria, India Sign Human Rights Agreement as Fagbemi Pledges Support for Implementation

…AGF calls for stronger institutional independence, practical safeguards for citizens amid emerging AI-related human rights challenges; NHRC records 384,196 complaints in October

By: Michael Mike

Nigeria and India have signed a bilateral agreement to strengthen human rights protection, institutional capacity and access to justice, with the Attorney-General of the Federation and Minister of Justice, Prince Lateef Fagbemi, SAN, pledging the Federal Government’s support for its implementation.

Fagbemi described the agreement as a strategic partnership between the two countries, stressing that its success would ultimately be measured by its impact on ordinary citizens, particularly vulnerable and marginalised groups seeking justice.

The agreement, executed between Nigeria’s National Human Rights Commission (NHRC) and its Indian counterpart, is designed to deepen institutional cooperation, facilitate knowledge transfer, promote technical exchanges and strengthen operational capacity in addressing human rights violations.

The Attorney-General stated the Federal Government’s position when he received a joint delegation of the two commissions at the Federal Ministry of Justice in Abuja, describing the partnership as timely in an increasingly interconnected world where effective human rights protection requires stronger legal frameworks, institutional collaboration and respect for the rule of law.

The development followed an engagement between the two commissions and the Chief Justice of Nigeria (CJN) at the Supreme Court Complex, Abuja, as part of a working visit by the Indian delegation.

The Nigerian delegation was led by the Executive Secretary of NHRC, Chief Tony Ojukwu, SAN, OFR, FICMC, while the Indian delegation was headed by the Chairperson of India’s NHRC, Justice V. Ramasubramanian, accompanied by the Commission’s Joint Secretary, Mr Samir Kumar.

Fagbemi said the partnership brought together two major democracies with shared common-law traditions, diverse populations and dynamic constitutional frameworks. He also expressed satisfaction with the thematic areas identified for cooperation under the agreement.

He specifically highlighted access to justice and the protection of digital rights as critical areas requiring urgent attention, particularly as emerging technologies, including Artificial Intelligence (AI), continue to reshape society and create new human rights concerns.

According to him, both countries must develop legal safeguards to protect data privacy, prevent algorithmic bias and safeguard civic space, while ensuring that technological advancement does not undermine fundamental freedoms.

He said the Ministry of Justice expected the two commissions to produce actionable research and policy recommendations capable of addressing these emerging challenges.

Beyond emerging technologies, the Attorney-General stressed that Nigeria’s commitment to human rights must be reflected in the practical implementation of constitutional guarantees and international obligations rather than merely in the existence of legal provisions.

He cited the African Charter on Human and Peoples’ Rights, which Nigeria domesticated through the African Charter on Human and Peoples’ Rights (Ratification and Enforcement) Act, Cap. A9, Laws of the Federation of Nigeria 2004, as a major instrument underpinning the country’s human rights jurisprudence.

The Charter provides important protections relating to non-discrimination, human dignity, fair trial and personal liberty, reinforcing the fundamental rights guaranteed under Nigeria’s Constitution.

Fagbemi maintained that the true measure of a country’s commitment to human rights was its ability to translate constitutional provisions into accessible institutions, accountable public authorities and an independent judiciary.

He assured the Indian delegation that the Federal Ministry of Justice fully supported the bilateral initiative and was prepared to facilitate technical engagements, joint legal reviews and policy consultations aimed at improving the efficiency of the justice sector.

The Attorney-General also reaffirmed the institutional independence of Nigeria’s National Human Rights Commission, stressing that its autonomy was essential to its credibility and effectiveness.

He specifically drew attention to Section 6(3) of the National Human Rights Commission (Amendment) Act, 2010, which provides that the Commission, in exercising its statutory functions, shall not be subject to the direction or control of any other authority or person.

According to him, the administration has continued to respect and protect the Commission’s statutory independence, describing it as fundamental to institutional integrity.

He further noted that the relationship between the NHRC and the Federal Ministry of Justice had been characterised by constructive institutional synergy, mutual respect and a shared commitment to advancing human rights.

The Attorney-General commended Ojukwu and the Nigerian commission for spearheading the bilateral initiative, while expressing appreciation to the Indian delegation for bringing its expertise and institutional experience to the partnership.

Meanwhile, Ojukwu has disclosed that the National Human Rights Commission recorded 384,196 complaints across its 38 locations nationwide in October 2026, representing an increase of more than 45,000 complaints, or 14 per cent, compared with September.

Presenting the Commission’s October 2026 Human Rights Situation Dashboard, the NHRC Executive Secretary said the monthly report remained an important part of the Commission’s commitment to transparency, accountability and evidence-based human rights protection.

He explained that the dashboard provides an opportunity to assess the country’s human rights situation, identify emerging patterns of violations and draw the attention of relevant authorities and stakeholders to issues requiring intervention.

Ojukwu stressed that the dashboard was more than a statistical report, noting that every complaint represented a person, family or community whose rights and dignity deserved protection.

According to him, the increase in complaints could partly reflect greater awareness of human rights and improved access to the Commission’s complaint mechanisms, while also underscoring the continuing challenges confronting individuals and communities across the country.

The October data showed that complaints relating to freedom from discrimination constituted the largest thematic category, with 217,243 complaints.

Of this figure, 184,624 were recorded under the protection of internally displaced persons, highlighting the scale of protection needs among displaced populations and the importance of ensuring that displacement does not deprive individuals and families of their dignity, security and access to basic rights.

Ojukwu said the figures reinforced the need for public institutions to remain responsive, accountable and guided by their human rights obligations.

The NHRC Executive Secretary also highlighted persistent insecurity as a major human rights concern during the reporting period, citing reports of killings, armed attacks and abductions across different parts of the country.

He said the Commission’s Human Rights Observatory documented incidents involving attacks on farming communities, travellers, students, traditional leaders and security personnel.

Particularly concerning were reports of mass killings and abductions in parts of Taraba, Borno, Zamfara, Niger and Plateau States, among other locations.

According to Ojukwu, the incidents have direct human rights implications, affecting the rights to life, liberty, dignity and security of person, disrupting livelihoods, restricting freedom of movement and exposing children and other vulnerable persons to further risks.

He urged relevant security agencies to intensify efforts to protect affected communities, rescue abducted persons and ensure that perpetrators were brought to justice in accordance with the law.

The Commission also expressed concern over the continuing vulnerability of women and children to sexual and gender-based violence, exploitation and abuse.

Ojukwu disclosed that the October Observatory recorded several incidents involving alleged rape and sexual abuse of children, trafficking, domestic violence and other forms of abuse.

Reports of children subjected to severe physical violence, abandonment and neglect further demonstrated the need for stronger child protection mechanisms.

He called for stronger preventive measures, prompt and effective investigations, support for survivors and improved access to justice.

The Commission also documented alleged violations by public authorities and security personnel, alongside concerns relating to freedom of expression and civic space.

Ojukwu reiterated that democratic participation must be protected and disagreements must not be resolved through violence or intimidation. He also stressed the importance of investigating allegations of abuse by public officials through appropriate accountability mechanisms.

The Executive Secretary further raised concerns over electoral violence and political intolerance ahead of the January elections, calling on political actors to exercise restraint and conduct themselves within the provisions of electoral laws and human rights standards.

He emphasised that elections, both in process and outcomes, reflected the interplay of various human rights, with the right to participation serving as a cornerstone of constitutional democracy.

However, he observed that the playing field of the electoral process had not been level, inclusive or peaceful.

Ojukwu said the Commission had witnessed rising electoral violence and political intolerance in recent weeks, urging political actors to respect human rights and the law.

He also reiterated the Commission’s call for the prosecution of persons who had incited hateful and divisive speeches.

Despite the challenges, Ojukwu acknowledged developments during the reporting period that demonstrated the continuing relevance of institutions and processes in advancing human rights protection.

He cited decisions of the ECOWAS Community Court of Justice, including cases concerning the rights of persons in detention and the protection of communal land rights, as examples of the importance of access to justice and regional human rights accountability.

He also highlighted the Commission’s advocacy for economic and social rights during Nigeria’s 66th Independence Anniversary, when it called for rights-based development and equal justice for all.

Similarly, during World Teachers’ Day, the Commission emphasised the need for increased investment in teachers, schools and learning facilities, recognising that the right to quality education required safe learning environments and adequately supported teachers.

Ojukwu also highlighted the Commission’s collaboration with the Centre for Human Rights, University of Pretoria, and BAOBAB for Women’s Rights on the protection of women’s rights.

The Commission convened a two-day stakeholders’ engagement on Nigeria’s implementation of the Protocol to the African Charter on Human and Peoples’ Rights on the Rights of Women in Africa, popularly known as the Maputo Protocol.

The engagement brought together government representatives and civil society organisations to discuss implementation of the Protocol, including the responsibilities of government institutions and the contribution of civil society through monitoring, documentation and shadow reporting.

The Commission also welcomed the participation of the Special Rapporteur on the Rights of Women in Africa, Honourable Commissioner Janet Ramatoulie Sallah-Njie.

Earlier, during the engagement with the Chief Justice of Nigeria, Ojukwu emphasised the complementary responsibilities of the judiciary and national human rights institutions in protecting fundamental freedoms, upholding the rule of law and ensuring access to justice.

He identified complaint management, Alternative Dispute Resolution, security sector accountability, comparative legal research, digital rights, Artificial Intelligence ethics and environmental justice as priority areas for cooperation between both countries.

The Chief Justice reaffirmed the commitment of the Nigerian Judiciary to human rights protection and encouraged both commissions to exchange experiences and adopt best practices, particularly in strengthening safeguards for vulnerable groups, including women, children and persons with disabilities.

The Indian delegation described the engagement as significant to relations between the two countries, noting that the MoU represented a first-of-its-kind institutional partnership for India’s National Human Rights Commission.

According to Ojukwu, the agreement provides a framework for cooperation in the exchange of expertise and best practices, capacity building, joint research and publications, as well as engagement on regional and international human rights issues.

He said the partnership would provide an opportunity for both institutions to learn from each other’s experiences, deepen institutional capacity, broaden their knowledge base and strengthen their respective approaches to the promotion and protection of human rights.

The NHRC Executive Secretary expressed the Commission’s commitment to translating the agreement into practical programmes and sustained cooperation through deliberate planning, regular engagement and the implementation of mutually agreed activities.

The agreement is expected to promote sustained institutional exchanges, strengthen complaint-handling mechanisms, improve professional capacity and encourage comparative research into legal and policy approaches to human rights protection.

Ojukwu also stressed that human rights protection could not be achieved by the Commission acting alone, requiring the commitment of government institutions at all levels, security and law enforcement agencies, the justice sector, civil society organisations, development partners, the media and citizens.

He said the NHRC remained committed to strengthening its monitoring and reporting mechanisms, improving the handling and resolution of complaints, and ensuring that documented concerns informed policy, institutional reforms and appropriate interventions.

He maintained that the Commission’s objective was not merely to record violations after they occurred, but to contribute to a system in which violations were prevented, victims obtained justice and public institutions were held accountable.

Fagbemi, however, cautioned that the ultimate benchmark of the agreement must go beyond official engagements and institutional exchanges to deliver tangible improvements in the lives of citizens, especially those most vulnerable to violations and denied access to justice.

He expressed confidence that the partnership would advance the shared commitment of both countries to human dignity, justice and the protection of fundamental rights.

Nigeria, India Sign Human Rights Agreement as Fagbemi Pledges Support for Implementation

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19 Nigerian Pension Funds Express Interest in Proposed $750m Infrastructure Fund

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19 Nigerian Pension Funds Express Interest in Proposed $750m Infrastructure Fund

…UK-backed FSD Africa partners pension industry to mobilise $600m in domestic capital for energy, transport and digital infrastructure
Michael Olugbode in Abuja

By: Michael Mike

Nigeria’s pension industry is seeking to mobilise approximately $600 million from domestic pension funds for a proposed $750 million infrastructure investment platform, which has already attracted interest from 19 Nigerian pension funds.

The initiative, known as the Pension Industry Infrastructure Platform (PIIP), is being developed by the Pension Industry Leadership Council (PILC) in partnership with UK-funded specialist development agency, FSD Africa, to finance infrastructure projects in Nigeria and selected markets across the region.

The partnership was formalised through the signing of an agreement to support the development of the proposed fund.

Under the agreement, FSD Africa will provide PILC with expert advice and technical support, including assistance in selecting a fund manager through a competitive process, engaging potential investors and Development Finance Institutions (DFIs), building capacity and supporting necessary regulatory reforms.

The initiative, developed by Nigerian Pension Fund Administrators (PFAs), with support from the National Pension Commission (PenCom) and FSD Africa, seeks to bring together pension funds and development finance to provide long-term financing for infrastructure projects.

UK Deputy High Commissioner in Lagos, Jonny Baxter, said the partnership reflected the shared ambition of Nigeria and the United Kingdom to deepen Nigeria’s capital markets, mobilise domestic investment and channel long-term capital into the real economy.

He said the UK was proud to partner with Nigeria’s pension industry and PenCom to advance the investment initiative.

“Both our countries are prioritising tackling the challenge of attracting more domestic capital, including from pension funds, into the real economy. It is great to see Nigeria making concrete progress on its efforts and be a part of those opportunities to turn this ambition into investment, jobs, and economic growth,” Baxter said.

Chair of PILC and Director-General of PenCom, Omolola Oloworaran, described the proposed platform as timely, saying the pension industry was committed to mobilising its long-term savings capital for infrastructure development while safeguarding contributors’ retirement savings.

“The pension industry holds the largest pool of long-term savings capital in the country, and we are committed to mobilising it to deepen infrastructure development, while safeguarding the retirement savings of contributors. This MoU is the first step we are taking as an industry, and it is just the beginning,” she said.

Chief Executive Officer of FSD Africa, Mark Napier, said the proposed investment structure held significant promise for Nigeria and Africa.

He noted that the continent had substantial institutional capital but continued to face major infrastructure funding deficits.

“We have observed for several years now the paradox of Africa having significant institutional capital while at the same time facing big infrastructure funding deficits. We are keen to work with PenCom and the pension industry in Nigeria to address this and unlock the capital they manage towards Nigeria’s priority infrastructure,” Napier said.

The proposed platform is targeting an initial capital mobilisation of $350 million at its first close, expected in 2027, before scaling up to $750 million.

At its final target size, PIIP aims to mobilise approximately $600 million from Nigerian pension funds and at least $150 million from development finance institutions.

An initial assessment of Nigeria’s infrastructure pipeline identified 39 projects with potential relevance to the platform, representing approximately $20 billion in investment needs.

The platform will invest in equity and quasi-equity capital, with at least 60 per cent of its portfolio allocated to projects in Nigeria and the remainder available for selected regional investments.

Its proposed structure will comprise a naira-denominated core investment fund and a separate co-investment vehicle, allowing participating pension funds to invest alongside the core fund in selected projects.

A parallel foreign-currency vehicle may also be established to accommodate international investors.

The structure is designed to provide institutional investors with access to professionally managed, long-term investment opportunities while helping to finance infrastructure projects that improve connectivity, support business growth and contribute to Nigeria’s wider economic development.

19 Nigerian Pension Funds Express Interest in Proposed $750m Infrastructure Fund

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