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VP SHETTIMA DEPARTS ABUJA FOR DAVOS TO ATTEND 2025 WORLD ECONOMIC FORUM MEETING
VP SHETTIMA DEPARTS ABUJA FOR DAVOS TO ATTEND 2025 WORLD ECONOMIC FORUM MEETING
By: Our Reporter
Vice President Kashim Shettima has departed Abuja to represent Nigeria at the 2025 annual meeting of the World Economic Forum (WEF) scheduled for Davos, Switzerland.
The Vice President will join world leaders, top business executives and representatives of development partners at the meeting to discuss the state of the world economy with the view to improving its conditions.
While in Davos, the Vice President will hold bilateral meetings with other leaders as well as participate in workshops and forums slated for the annual gathering.

Among events slated for the VP include, a workshop entitled, “Roadmap to Co-create Investment Opportunities for Africa’s Frontier Markets”, organised by the African Development Bank in collaboration with the World Economic Forum to boost the flow of capital into Africa’s frontier markets, to scale solutions that build a prosperous, inclusive and resilient continent. It is slated for the Congress Centre in Jakobshorn.
Top on the agenda will be an announcement of the Humanitarian and Resilience Investing (HRI) Roadmap for Africa, in partnership with the African Development Bank (AfDB), and foster partnerships between public and private sector leaders interested in mobilizing investment in Africa’s frontier markets, among others.
The Vice President will also attend a dinner for heads of state, government and international organizations, as well as Annual Meeting 2025 Crystal Awardees, the International Business Council and Strategic Partners slated for Kurpark Village, Eiger.
Senator Shettima will also co-chair a forum on “Turning Digital Trade into a Catalyst for Growth in Africa” slated for the Pischa Congress Centre.
The session will provide a dynamic platform for forward-thinking dialogue on digital trade and the crucial role of the private sector in advancing the implementation of the AfCFTA Digital Trade Protocol adopted by the AU heads of state/government in January 2024.
VP Shettima will attend, as a panelist, a Stakeholder Dialogue entitled, “Global Risks 2025”. The Global Risks Report highlights an increasingly volatile global landscape, marked by accelerating geopolitical, technological and environmental challenges. The event is slated for the Aspen 2 Congress Centre in Davos.
The VP who will be accompanied by top government functionaries including Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, and Executive Secretary of Nigerian Investment Promotion Commission (NIPC), Aisha Rimi, will return to Abuja at the end of his engagements in Davos.
VP SHETTIMA DEPARTS ABUJA FOR DAVOS TO ATTEND 2025 WORLD ECONOMIC FORUM MEETING
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ECOWAS Sounds Alarm Over Gulf Escalation, Warns of Economic Shockwaves for West Africa
ECOWAS Sounds Alarm Over Gulf Escalation, Warns of Economic Shockwaves for West Africa
By: Michael Mike
The Economic Community of West African States (ECOWAS) has raised fresh concerns over the escalating hostilities in the Gulf region, cautioning that a prolonged conflict could unleash severe economic and security repercussions far beyond the Middle East, with Africa among the hardest hit.
In a statement issued under the chairmanship of Julius Maada Bio, President of Sierra Leone, the 12-member regional bloc aligned itself with the position earlier expressed by the African Union Commission, which has voiced deep unease over the intensifying military exchanges.
The warning comes at a time when global energy markets are already on edge. The Gulf region remains central to international oil and gas supplies, accounting for a significant share of global crude exports. For West African economies — many of which are net importers of refined petroleum products despite being crude producers — volatility in oil prices translates quickly into domestic inflation, currency pressures and rising transport and food costs.
ECOWAS noted that beyond energy, the Gulf serves as a strategic artery for global trade. Key maritime routes, including those connected to the Strait of Hormuz, facilitate the movement of energy supplies and commercial goods between Asia, Europe and Africa. Any disruption risks compounding supply chain fragilities that have persisted since the COVID-19 pandemic and the Russia-Ukraine conflict.
For food-import-dependent nations across West Africa, the stakes are particularly high. Many countries in the region rely heavily on imported wheat, fertiliser and other agricultural inputs sourced through global supply chains sensitive to geopolitical shocks. Previous international crises have demonstrated how quickly distant conflicts can drive up bread prices and deepen food insecurity in African cities.
In its statement, ECOWAS urged all parties to exercise maximum restraint and adhere strictly to international law and the principles of the United Nations Charter, including respect for sovereignty, territorial integrity and the peaceful settlement of disputes. It stressed that civilian lives and critical infrastructure must be protected at all times.
The bloc also called for renewed diplomatic engagement within established international and regional frameworks, arguing that dialogue remains the only sustainable path to de-escalation. West African leaders have historically positioned the region as a strong advocate for multilateralism, often promoting negotiated settlements in conflicts both within and outside the continent.
Analysts observe that ECOWAS’ swift alignment with the African Union reflects a broader concern about the cumulative impact of global instability on African economies already grappling with debt burdens, currency depreciation and climate-related pressures. Rising energy prices could strain public finances, while shipping disruptions could intensify shortages of essential commodities.
The statement underscores a growing recognition among African policymakers that geopolitical flashpoints thousands of miles away can have immediate and tangible consequences at home. As tensions mount in the Gulf, ECOWAS has signalled that West Africa is watching closely — and urging diplomacy over escalation in the interest of global and regional stability.
ECOWAS Sounds Alarm Over Gulf Escalation, Warns of Economic Shockwaves for West Africa
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Army troops foils ISWAP attack on picketing troops in Konduga, Borno
Army troops foils ISWAP attack on picketing troops in Konduga, Borno
By: Zagazola Makama
Troops of Joint Task Force Operation HADIN KAI under the 21 Special Armoured Brigade have successfully repelled an attack by suspected Islamic State West Africa Province (ISWAP) terrorists on picketing personnel in the North East, of Konduga Borno state.
According to sources at about 1215 hours on February 26, picketing troops at checkpoint came under attack by elements of Boko Haram terrorists.

The soldiers responded aggressively while the Quick Reaction Force (QRF), led by the Sunray team, swiftly mobilised to the contact point where fire was exchanged with the terrorists. The attackers reportedly fled into the Yale Forest following the encounter.
In the aftermath, troops conducted exploitation along the terrorists’ withdrawal route and recovered one PKT believed to belong to the attackers.
The sources confirmed that the operation did not result in any casualties or injuries among the JTF personnel, and no equipment was lost.

The JTF added that monitoring of the area continues, and the morale and fighting efficiency of the troops remain satisfactory.
The sources said that the latest operation demonstrates the continued vigilance and readiness of the JTF in the North East to protect civilians and deny terrorists freedom of movement.
End
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Zulum Declares 2026 Year of Consolidation, Intensifies Security and Reconstruction Drive in Borno State
Zulum Declares 2026 Year of Consolidation, Intensifies Security and Reconstruction Drive in Borno State
By: Michael Mike
Borno State Governor, Prof. Babagana Zulum has declared that his administration will intensify efforts to eliminate residual security threats and fast-track the completion of critical infrastructure projects across Borno State in 2026, describing the year as decisive for consolidating hard-won gains.
The governor made the commitment on Thursday during the first State Executive Council meeting of the year at the Government House in Maiduguri, where he addressed commissioners and senior government officials on the administration’s priorities.
Zulum said although relative stability has returned to many parts of the state after years of insurgency, the government would not relent until every community is safe.
“We have made measurable progress in restoring peace, but our task is not finished. Security remains the foundation upon which every other intervention stands. We will continue to support security agencies and ensure that no part of Borno is left vulnerable,” he stated.
A central pillar of the 2026 agenda, according to the governor, is the resettlement of internally displaced persons (IDPs), with emphasis on durable, long-term solutions rather than temporary relief.
He explained that the state government would deepen investments in housing, healthcare, education and livelihood programmes to ensure that returning families can rebuild their lives sustainably.
“Our goal is not just to return people to their communities, but to restore dignity, economic stability and hope. Resettlement must translate into real recovery,” Zulum said.
The governor also announced plans to strengthen social protection systems to shield vulnerable populations from economic shocks and the lingering effects of conflict. He described social protection as a strategic tool for stabilisation and inclusive growth.
“Social protection remains central to our rebuilding process. As we provide infrastructure and social amenities, we must also strengthen support systems for widows, orphans, and the most vulnerable in our society,” he added.
Zulum directed members of the executive council to ensure the timely completion of all ongoing projects across the state’s three senatorial districts. These projects cut across road construction, healthcare facilities, schools, water supply schemes and agricultural development initiatives.
He warned against delays and cost overruns, stressing the need for accountability, transparency and rigorous supervision.
“Every project must reflect value for money and must be delivered within schedule. Our people deserve visible and measurable progress,” he said.

The meeting was attended by the Secretary to the State Government, Bukar Tijani; Acting Chief of Staff, Dr. Babagana Mallumbe; and other top officials.
With the renewed focus on security consolidation and accelerated development, the Borno government signalled its determination to shift from emergency response to structured recovery, anchoring the state’s future on stability, infrastructure expansion and strengthened social systems.
Zulum Declares 2026 Year of Consolidation, Intensifies Security and Reconstruction Drive in Borno State
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