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VP Shettima: Imo State, A New Growth Frontier In Nigeria’s Economic Diversification Drive

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VP Shettima: Imo State, A New Growth Frontier In Nigeria’s Economic Diversification Drive

** Says South East state is primed for technology, gas, agro-industrial and SME-led growth

** Reaffirms goverment’s readiness to de-risk private investments, policy stability under President Tinubu

By: Our Reporter

Vice President Kashim Shettima has identified Imo State as a major pillar in Nigeria’s economic diversification agenda primed for rapid growth in technology, gas utilisation, agro-industrial processing and small and medium-scale enterprises (SMEs).

He said the government is committed to providing access to financing through the Bank of Industry and the Development Bank of Nigeria, alongside structured Public-Private Partnerships in housing, transport, and renewable energy sectors for the state.

Speaking on Thursday at the Imo State Economic Summit 2025 in Owerri, VP Shettima said national prosperity could only be sustained when every state takes ownership of its development and deliberately harnesses its comparative advantages.

“Nations do not rise because one corner of the map ascends while others remain dormant. Nations rise when every part discovers its promise and takes responsibility for its own economic direction,” he said.

The Vice President described Imo’s economic prospects as unmistakable, stressing that the state occupies a strategic position in President Bola Ahmed Tinubu’s reforms aimed at stabilising the business environment and unlocking long-term growth.

According to him, the summit’s theme, ‘Unlocking Imo’s Economic Potential: Partnership, Investment, and Innovation’, aligns with the Federal Government’s reform agenda to build a resilient, competitive and inclusive economy.

“All these possibilities converge to remind us that Imo is not just ready for investment. Imo is primed for transformation,” VP Shettima said.

The Vice President highlighted high-growth sectors capable of driving Imo’s economic resurgence, including the deployment of Free Trade Zones and Special Agro-Industrial Processing Zones, expanded gas utilisation for households and industry, and the development of robust digital infrastructure to attract ICT firms and fuel a modern, information-driven economy.

Reaffirming the Federal Government’s commitment to investor protection and confidence-building, VP Shettima assured that the Tinubu administration would continue to de-risk private investments and provide consistent policy direction.

“The Federal Government stands ready to walk with Imo State to unlock opportunities, de-risk promising ventures and ensure that the benefits of development are felt across communities. To investors here today, the message is unmistakable: Imo is open for business. Nigeria is open for business,” he said.

The Vice President said global competitiveness today is shaped by innovation, talent and technology rather than the exploitation of natural resources alone, urging Imo to position innovation at the core of its growth strategy.

He disclosed that the Federal Government is already implementing programmes to empower young innovators, expand digital skills training, strengthen tech clusters, promote STEM education and deepen research partnerships with universities.

“The young people of Imo are creative, ambitious and connected to the global knowledge economy. Our duty is to give them the tools, the platforms and the confidence to build the future that awaits them,” VP Shettima said.

The Vice President added that Imo State could emerge as a technology hub, a major contributor to national GDP, a magnet for the creative economy and a leading centre for SMEs and industrialisation, if partnerships and investments are effectively mobilised.

He challenged stakeholders to shift from dialogue to execution. “Let this Summit not end with good ideas alone. Let it lead to signed partnerships, funded projects and measurable outcomes that uplift lives and create jobs,” he urged.

In his welcome address, Imo State Governor, Hope Uzodinma commended President Tinubu’s intentional reform policies, which he said have reset Nigeria’s investment space.

He noted that Imo State had since keyed into the reforms of the President, with the aim of taking the lead in regional development.

Governor Uzodinma said the state, under his leadership, had since utilized its unique landmass and abundant natural resources in providing the ideal environment for investors and businesses to thrive.

“We are blessed with the largest game reserve estimated at 200 trillion cubic feet. So, for those looking for business in gas exploration and utilization, Imo State is the destination.

“We also have other resources like lead, zinc, crude oil, cotton, etc. The incentives are ready and agriculture is our mainstay as the heartland of Eastern Nigeria. We also boast of the 3rd highest human capital development index in the country,” the Governor stated.

He also coined a meaning for the name of the state, describing it as a place where Investment Meets Opportunities (IMO) and business follows.

On her part, the first female elected President of Mauritius, Ameenah Gurib-Fakim, urged Africa to take its place in the global market, pointing out that Nigeria is a power house that should lead the way in that regard.

The former President said there is hope for Africa because Nigeria is rising and giving opportunities to the youth, even as she pledged to bring in investors in renewable energy to invest in Imo.

Also, the Minister of Finance and Coordinating Minister of the Economy, Chief Wale Edun, in his goodwill message, said the private sector is key to investment at all levels.

He commended the Governor of Imo State for taking the right steps towards repositioning the state’s economy.

Chief Edun noted that the impact of the Nigerian economy is measurable, saying the economy, under President Tinubu, is growing faster than it was over a decade ago, and that more progress will soon be recorded.

For his part, the 8th Secretary General of the United Nations (UN), Mr. Ban Ki Moon, in his keynote address, described the summit as a gathering of great significance.

He said addressing global uncertainties is vital, and initiatives like the Imo Investment Summit will help create a more peaceful society.

Mr Moon noted that Africa holds the key to unlocking most of the challenges the world is currently facing, including the Sustainable Development Goals (SDGs).

“Without addressing the challenges Africa is facing, we would not say we have a sustainable world.,” he said, just as he requested for a special technology fund support for the continent.

The former UN scribe stated that implementing the resolutions of the summit will help enhance Imo State’s socio-economic development and help elevate prosperity as well as transform the state into an investment hub.

In his goodwill message, President/Chief Executive of Dangote Industries Limited, Aliko Dangote, hailed the good policies of the Tinubu administration, which he said provided the right atmosphere for business.

The richest man in Africa urged Nigerian businessmen to continue to invest at home, assuring the Governor Uzodimma that the Dangote Industries “will be one of your biggest investors in Imo.”

Immediate past Executive Vice President of AFREXIM Bank, Mr Benedict Oramah, said Afrexim bank is currently building a multi million dollar facility in Imo State to help support the production and export of quality compliance products for export to the global market.

He commended Governor Uzodinma for opening up the state for business through the Orashi River dredging and special economic zone project.

VP Shettima: Imo State, A New Growth Frontier In Nigeria’s Economic Diversification Drive

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Berom militia kill Fulani herder in Riyom as tit-for-tat violence escalates in Plateau

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Berom militia kill Fulani herder in Riyom as tit-for-tat violence escalates in Plateau

By: Zagazola Makama

Abubakar Hababe, a 40-year-old Fulani herder, was on April 5 found dead after an attack in Riyom Local Government Area of Plateau State, in what appears to be a reprisal attack in continuation of the tit for tat across affected communities.

The latest incident occurred at about 8:30 a.m., when troops deployed at Rim village responded to a distress call of an attack between Tanjol and Rim communities. On arrival, security personnel discovered the lifeless body of one Abubakar Hababe, 40, in an open field.

Community sources alleged that the victim, a Fulani herder, was attacked in what is believed to be a reprisal by suspected Berom Militia, following earlier killings in the area.

The development is the latest in a string of violent incidents that have heightened tensions across Riyom and neighbouring local government areas.

Investigations indicate that the attack may be linked to the killing of two miners at an illegal mining site in Rim village, where armed men suspected to be Fulani bandits had earlier stormed the area, killing victims and triggering outrage within the host community.

Zagazola report that the pattern reflects a sustained cycle of retaliatory violence that has continued to escalate across Plateau.

On April 3, troops responding to a distress call in Sabongida village, Jos South Local Government Area, recovered the body of a 30-year-old herder identified as Shafiyu, who had been killed in the bush under unclear circumstances.

Later the same day, gunmen attacked an illegal mining site in Gyel village, Riyom LGA, killing three miners, including one Samuel Davou, while several others fled.

Earlier on March 25, the body of a Fulani boy, Abdullahi Mohammed, was discovered in a shallow grave in Mangu Local Government Area, sparking tension in the area.

On the same day, reports also indicated destruction of irrigation farmlands in Riyom, an incident attributed to herders, which further strained relations between farming and pastoral communities.

On March 28, a prominent Fulani leader, Alhaji Bilyaminu Julde, the Ardo of Gindiri in Barkin Ladi LGA, was assassinated at his residence by gunmen, an incident that significantly escalated tensions.

That same day, farmlands in Tahoss village, Riyom LGA, were reportedly destroyed by stray cattle, further deepening hostilities.

By April 2, violence had spread to Bokkos LGA, where troops foiled an attack by suspected armed herders following clashes with vigilantes over grazing disputes, leaving one vigilante injured.

On April 3, additional incidents were reported in Barkin Ladi, where troops recovered suspected rustled cattle, while another Fulani youth was reportedly killed in Riyom in a separate isolated attack.

Security presence has since been intensified across the affected areas, with troops conducting patrols and engaging community leaders to prevent further escalation.

Authorities have urged residents to remain calm and refrain from reprisals, warning that the persistent cycle of attacks and counter-attacks continues to threaten peace and stability in the state.

Security forces said Investigations into the latest killing are ongoing, with efforts underway to apprehend those responsible.

Berom militia kill Fulani herder in Riyom as tit-for-tat violence escalates in Plateau

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Political Landscape Shifts as Yobe South Mobilizes for 2027 Elections Amid Marginalization Concerns

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Senator Ibrahim Mohammed Bomai

Political Landscape Shifts as Yobe South Mobilizes for 2027 Elections Amid Marginalization Concerns

By: Michael Mike

As the 2027 general elections approach, political activities in Yobe South Senatorial District—comprising Potiskum, Fika, Nangere, and Fune Local Government Areas—are gaining momentum. The developments reflect growing concerns about resilience, inclusion, and longstanding marginalization within the region.

Renowned as the food basket of Yobe State, Yobe South is home to a predominantly agrarian population known for its hard work, adaptability, and entrepreneurial spirit. Over the years, many residents have diversified beyond agriculture, pursuing business opportunities across Nigeria rather than relying solely on government employment.

A concerned citizen of the district, Musa Abdullahi Mai Biredi, noted that despite these contributions and a relatively strong educational base, Yobe South has experienced persistent political marginalization since Nigeria’s return to democratic rule in 1999. According to him, political dominance has largely remained within Yobe East Senatorial Zone, often associated with a single dominant ethnic group, thereby sidelining other communities within the state.

“This persistent imbalance raises serious concerns about equity and representation, as the interests of diverse communities continue to receive limited attention,” he stated.

Attention is now turning to Senator Ibrahim Mohammed Bomai, whose potential candidacy is being viewed by many as a symbol of hope for more inclusive representation. His emergence is seen as a challenge to the entrenched political structure, though not without reported resistance. Allegations of intimidation by certain political actors have surfaced, raising concerns about the fairness of the democratic process and the ability of candidates from Yobe South to compete on equal footing.

Meanwhile, there are indications that many constituents in Yobe South are aligning with President Bola Ahmed Tinubu and the All Progressives Congress (APC), signaling a desire for change and stronger political inclusion. Variations in voting patterns across the state further reflect underlying dissatisfaction, which could drive a significant political shift if voters organize effectively and support candidates who genuinely represent their interests.

As Yobe State moves closer to the 2027 elections, the issues of equity, justice, and inclusive governance will remain central to political discourse. Addressing the concerns of marginalization in Yobe South is critical to ensuring balanced representation and strengthening democratic values across the state.

Ultimately, the resolve of the electorate to rally behind credible and people-focused leadership will play a decisive role in shaping the future political landscape of Yobe State.

Political Landscape Shifts as Yobe South Mobilizes for 2027 Elections Amid Marginalization Concerns

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FG Directs MDAs to Halt New Policies Pending Full RIA Compliance

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FG Directs MDAs to Halt New Policies Pending Full RIA Compliance

By: Michael Mike

The Federal Government has directed all Ministries, Departments and Agencies (MDAs) to suspend the introduction and rollout of new policies, regulations, or major regulatory changes until full compliance with the Regulatory Impact Analysis (RIA) Framework is achieved.

The directive, issued by the Director General of the Presidential Enabling Business Environment Council (PEBEC), Princess Zahrah Mustapha Audu, is part of efforts to strengthen regulatory quality, ensure policy coherence, and improve the ease of doing business in Nigeria.

According to the statement, the RIA Framework, which was formally implemented in January 2025, requires that all new policies or amendments introduced after the date must undergo review and approval in line with its provisions.

She noted that the framework has already been circulated to MDAs by the Office of the Secretary to the Government of the Federation and is also accessible on the PEBEC website. MDAs are therefore expected to familiarize themselves with the framework and align their policy development processes accordingly.

Audu emphasized that while the government remains committed to working collaboratively with regulatory institutions, no new reform or policy would be allowed to proceed without being backed by clear and verifiable evidence.

She explained that the directive aims to prevent policy shocks that could negatively affect businesses, investors and citizens, eliminate inconsistencies and frequent policy reversals, and institutionalize evidence-based policymaking across government.

The directive also seeks to enhance transparency, improve predictability, and boost stakeholder confidence in public policies, while ensuring adequate engagement to minimize resistance prior to implementation.

Consequently, all MDAs have been instructed to suspend any planned policy rollouts that have not yet been implemented, ensure that new policy proposals are supported by comprehensive RIA and necessary approvals, and integrate the RIA process into their internal policy formulation procedures.

They are also required to undertake structured and inclusive stakeholder engagement as part of policy development to improve acceptance and implementation outcomes.

The PEBEC boss added that MDAs can access the RIA Framework through its website or seek technical support from the council’s secretariat.

She, however, noted that exceptions would only be granted in cases of urgent national interest, subject to appropriate approval.

Audu stressed that cooperation from all MDAs is crucial to building a stable, consistent and business-friendly regulatory environment capable of driving sustainable economic growth and boosting investor confidence.

FG Directs MDAs to Halt New Policies Pending Full RIA Compliance

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