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Vice President Shettima to Market Nigeria to Global Audience at Davos- Tuggar
Vice President Shettima to Market Nigeria to Global Audience at Davos- Tuggar
By: Michael Mike
Nigeria’s Vice President is expected to market the country to global audience at the 54th Annual Meeting of the World Economic Forum presently holding in Davos, Switzerland.
The Forum started on Monday 15th January and it is expected to end on Friday, 19th January, with series of meetings lined up for the leader of the Nigeria’s delegation, Vice President Kashim Shettima.
A statement by the Nigeria’s Minister of Foreign Affairs Ambassador Yusuf Tuggar on Monday, said Nigeria’s resilient business climate resonates with the agenda of the 54th Annual Meeting of the World Economic Forum; the 2024 edition with the theme Rebuilding Trust.
The statement which was signed by the spokesman of the Minister, Alkasim Abdulkadir noting that the intention of the meeting held annually in Davos, Switzerland, is to provide a crucial space that offers solutions to global challenges facing countries, especially transiting countries, said: “This year, the organizers of WEF have taken a step back and focused on the fundamental principles of driving trust, including transparency, consistency and accountability. All these soundly resonate with the Renewed Hope Agenda of President Bola Ahmed Tinubu, which is propelled by a commitment to unleashing the country’s full economic potential through focusing on job creation, access to capital for small and large businesses, inclusivity and, most importantly, the rule of law which underpins WEF’s theme for this year.”
Tuggar revealed that Nigeria’s Vice President Kashim Shettima, alongside 52 other Heads of State, including Xi Jinping, President of the People’s Republic of China, and Olaf Scholz, Chancellor of Germany, as well as over 1,500 CEOs and Chairpersons of the largest companies in the world, are expected at the global event.
He said the Vice President during the weeklong Forum is expected to engage with top global investors at the Meeting and participate in a series of programmes designed for Nigeria, including a Country Strategy Dialogue on Nigeria.
He added that the Nigeria’s delegation at Davos will be part of the Country Strategy Dialogue on Nigeria, which s a roundtable that will be chaired by Vice President Shettima – with the expected participation of 60 global CEOs/Chairs.
The Minister also said Nigeria is expected to have a stakeholder dialogue entitled “Transforming Energy Demand” to discuss what companies and governments can do to enable economic growth with less energy, where Minister of Petroleum Resources will be on the panel of discussants representing the Vice President.
The Vice President is also scheduled to hold a private meeting with Dolf van den Brink, Global Chief Executive Officer, Heineken to discuss areas of partnerships and collaboration and later in the same day attend another stakeholder dialogue entitled “Treating Soil as a Precious Resource to discuss ways of tackling the trilemma of food access and affordability, nutrition and health, as well as nature and climate, where he would be represented by the Minister of Industry, Trade & Investment, according to Tuggar.
Foreign Affairs Minister said the Vice President will privately meet James Quincey, Global Executive Chief Officer of Coca-Cola Company, with the engagement ending with a private dinner with Klaus and Hilde Schwab; noting that the dinner brings together Heads of State, Government, and International Organisations as well as members of the Board of Trustees, the International Business Council, and Strategic Partners.
Tuggar also revealed that the Vice President is scheduled to have a private breakfast entitled Driving Action Under the African Continental Free Trade Area, where the Forum Friends of the African Continental Free Trade Area (AfCFTA) coalition brings together heads of state, ministers, chief executives, and heads of international organisations to support the implementation of the AfCFTA agreement through public-private collaboration, and at noon, the Vice President will be represented at a private lunch event entitled “IGWEL: Lunch-Restoring Faith in the Global System” by himself (the Minister of Foreign Affairs).
Tuggar explained that this Informal Gathering of World Economic Leaders (IGWEL) convenes policymakers and business leaders to discuss what an effective multilateral system can look like and how to strengthen faith in global cooperation, adding that equally, the Vice President will host a private country-focused session entitled “Country Strategy Dialogue on Nigeria,” which will delve into the priorities of the Nigerian government and engage in a dialogue about the country’s economic path. He disclosed that the Nigeria Reception is a cultural and entertainment event to be hosted by Vice President Shettima and the ministerial delegation. It will feature Nigerian food, music, national ethos and culture. An estimated 600 participants are expected at the event.
Tuggar further stated that Nigeria’s participation at the Forum’s Annual Meeting provides an opportunity for Vice President Shettima to woo foreign investors to Nigeria. He also expressed optimism that Nigeria’s attendance holds great economic benefits for the country.
The World Economic Forum was established in 1971 as a not-for-profit foundation with its headquarters in Geneva, Switzerland, and the Forum engages the foremost political, business, cultural, and other leaders of society to shape global, regional, and industry agenda.
Vice President Shettima to Market Nigeria to Global Audience at Davos- Tuggar
News
European Union Commits €22m to Accelerate Nigeria’s Fibre Network Under BRIDGE Project
European Union Commits €22m to Accelerate Nigeria’s Fibre Network Under BRIDGE Project
By: Michael Mike
The European Union has pledged €22 million in grant funding to support Nigeria’s large-scale fibre-optic expansion, reinforcing the Federal Government’s drive to transform the country’s digital backbone.
The grant, announced in Abuja on Wednesday, will be channelled through the European Bank for Reconstruction and Development (EBRD) and on-granted to the Federal Ministry of Communications, Innovation and Digital Economy for implementation of the government’s Project BRIDGE initiative.
The EU funding will sit alongside an €86 million loan from the EBRD’s own resources, pending final approval. The operation represents the EBRD’s first major sovereign financing in Nigeria since the country formally became a shareholder of the bank last year.
Minister of Communications, Innovation and Digital Economy, Bosun Tijjani described the agreement as a decisive step toward delivering the BRIDGE project within schedule, noting that Nigeria’s digital transformation agenda depends heavily on robust and inclusive broadband infrastructure.
He said the partnership reflects growing confidence in Nigeria’s digital roadmap and expressed optimism that 2026 would mark a year of tangible progress in cooperation between Nigeria and the EU.
EBRD President, Odile Renaud-Basso, who is on an official visit to Nigeria, said the bank was proud to collaborate with the EU to expand digital infrastructure in Africa’s largest economy. She noted that the technical cooperation embedded in the financing is structured to crowd in private capital while ensuring secure, resilient and inclusive connectivity.
EU Ambassador to Nigeria, Gautier Mignot, underscored the strategic importance of digital networks to both Nigeria and the EU, stressing the need for trusted, high-integrity infrastructure built to international standards.
Project BRIDGE aims to deploy 90,000 kilometres of fibre-optic cables nationwide through a Special Purpose Vehicle (SPV) that will be capitalised with sovereign loans and private sector participation. In addition to the EBRD financing, the Federal Government is expected to receive support from the World Bank and the African Development Bank.
The EU’s €22 million package combines technical assistance with investment support to speed up project preparation and strengthen implementation capacity. It will fund low-level design work for about 40,000 kilometres of the planned network, including route mapping, crossing surveys, digital planning, quality assurance and security risk assessments aligned with global best practices.
Officials said this groundwork would provide the SPV with a ready-to-execute blueprint, enabling immediate rollout once financing arrangements are finalised and the vehicle is established with at least 51 per cent private sector ownership.
Beyond infrastructure, the grant is expected to deepen Nigeria’s digital skills base. About 2,000 technicians will receive specialised training, while small subcontractors will gain access to pooled procurement systems and equipment subsidies designed to reduce entry barriers.
Authorities estimate that these measures could lower deployment costs by between 20 and 30 per cent, while promoting adherence to Nigerian and EU quality standards and encouraging participation of European technology suppliers in the fibre supply chain.
The intervention forms part of the EU’s broader Global Gateway strategy, which supports investments in digital infrastructure, public services and human capital development across partner countries.
For Nigeria, the partnership signals renewed international backing for its ambition to build a resilient, open-access broadband network capable of driving economic growth, innovation and digital inclusion nationwide.
European Union Commits €22m to Accelerate Nigeria’s Fibre Network Under BRIDGE Project
News
Troops repel insurgents, neutralise suspected informant in Borno
Troops repel insurgents, neutralise suspected informant in Borno
By: Zagazola Makama
Troops of Operation Hadin Kai have repelled suspected insurgents and neutralised a suspected informant during operations in Ngamdu area of Borno.
Military sources said the action followed signals intelligence indicating that suspected Boko Haram elements were massing.
At about 2:30 a.m. on Feb. 18, troops carried out a fire mission on the identified area, forcing the insurgents to disperse and abort their suspected plan.
Shortly afterward, at about 3:45 a.m., troops engaged and neutralised a suspected insurgent informant who attempted to breach the trench defensive position in Ngamdu.
Sources said the troops immediately conducted a search of the surrounding area after the encounter but made no further contact with fleeing suspects.
Troops repel insurgents, neutralise suspected informant in Borno
News
Yobe: Troops Disperse Terrorists, Arrest Five Suspected Arms Smugglers
Yobe: Troops Disperse Terrorists, Arrest Five Suspected Arms Smugglers
By: Zagazola Makama
Troops of Operation Hadin Kai have disrupted a suspected terrorist gathering and arrested five suspected arms smugglers during separate operations in Yobe State.
Security sources said that at about 6:21 p.m. on Feb. 17, troops conducted a fire mission following credible intelligence that terrorists were converging in large numbers on motorcycles at Mangari, about 10.6 kilometres from the location of the 135 Special Forces Battalion in Buratai.

The swift action forced the insurgents to disperse in disarray, effectively disrupting their suspected plans.
In a separate development, troops of the Forward Operating Base (FOB) Potiskum apprehended five suspected arms smugglers and abductors at about 4:30 a.m. on Feb. 18 at a checkpoint along the Gombe–Potiskum road.

Those arrested included a 41-year-old suspect, Baba Abare, who was found in possession of an AK-47 rifle, alongside four others identified as Idris Zakari, 33; Nasiru Aliyu, 25; Abdullahi Sulaiman, 35; and Mohammed Idris, 34, all said to be indigenes of Potiskum town.

The suspects were intercepted in two Golf Wagon vehicles bearing registration numbers Borno NGL-506XA and Kaduna DKD16-01.

They were disarmed and handed over to appropriate authorities for further investigation.
Yobe: Troops Disperse Terrorists, Arrest Five Suspected Arms Smugglers
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