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VP Shettima: We Will Move Nigeria From Cocoa Production To Processing
VP Shettima: We Will Move Nigeria From Cocoa Production To Processing
** As Nigeria seeks $25bn investment for undersea gas pipeline to Europe
By: Our Reporter
The Vice President, Senator Kashim Shettima, has said the administration of President Bola Ahmed Tinubu is fully committed to reviving the cocoa industry and the whole agricultural value chain in Nigeria, with a target of moving the sector from mere producer to processor of cocoa on the global stage.
According to him, the administration is putting everything in place to ensure that Nigeria moves from mere producer of cocoa to a processor of cocoa by promoting sustainable cocoa farming and forest preservation.

Senator Shettima who stated this on Monday during an audience with a delegation from the World Cocoa Foundation (WCF) led by its President, Mr. Chris Vincent, at the Presidential Villa, noted that it is in a bid to return to the drawing board in respect of revamping the nation’s cocoa industry that the Federal Executive Council (FEC) recently approved the establishment of a National Cocoa Management Board (NCMB).
“Let’s walk the talk. We used to be one of the world’s leading cocoa producers, but because of the advent of oil, we have been relegated to the background now.
“But we can reclaim that lost glory, and the President is fully committed to revitalising not only the cocoa industry but all agricultural value chains.”
Senator Shettima pointed out that the price of cocoa has skyrocketed globally, assuring that “with the Renewed Hope Agenda of President Bola Ahmed Tinubu,” Nigeria is poised to go “back to the drawing board.
“At our last Federal Executive Council (FEC) meeting, the government approved the establishment of the National Cocoa Management Board geared towards revitalising the cocoa industry and the whole cocoa value chain,” he added.
The Vice President stressed the need for Nigeria to start processing cocoa products, just as he told the WCF delegation that the nation has the manpower, with capable young Nigerians who are willing to take advantage of the job opportunities in the agricultural sector.
He said, “We don’t want to be producers of cocoa; we want to be processors of cocoa because a tonne of cocoa will fetch you $9,000 now, but processed cocoa will get you $30,000. If you turn them into chocolate bars, that might fetch you $50,000.
“So, we have the manpower, the average age of the nation is 17. We have very virile young men who are willing to work if they have the opportunity. So, I’m speaking from the heart; we are willing to partner with your organisation.”
VP Shettima also disclosed that he was already working on building a cocoa farm to lead by example, saying the passion is not driven by profit making, but by the desire to contribute to the social welfare of the country.

“I want to walk the talk. It is not even about the profit criteria; no. It’s about the social welfare criteria – employing people. Look, let me take you to my farm and you’ll be convinced that the new Nigerian leadership is actively involved and is itching to drive the process.”
The Vice President pledged Nigeria’s readiness to work with WCF, assuring that he would personally engage the governor of Taraba State to secure the 10,000 hectares in Kurmi local government area of the state for the WCF and other partners to expand their investments in the nation’s cocoa industry.
Earlier, the Vice President of the WCF, Mr Vincent, declared the Foundation’s readiness to work with the Nigerian government to revitalise the cocoa sector in Nigeria in line with the European Union’s sustainable regulations.
He said, “We are in the middle of a global cocoa supply shortage, and the prices have risen four times over the last three years. We are looking for new supplies of cocoa, sustainable cocoa in particular,” he stated, noting that the WCF represents the whole global cocoa supply chain, which includes the very biggest manufacturers of both chocolate and cocoa.
“The key thing here is that we have a clear alignment with industries which need to grow in supply sustainably, and I’m aware of the Nigerian State’s ambition to grow cocoa as a crop, and I know the opportunity is now. Because we are in a supply deficit, the next two to three years are an opportunity for growth,” he added.
** Nigeria seeks $25bn investment for undersea gas pipeline to Europe
Meanwhile, Nigeria is actively pursuing a massive $25 billion undersea gas pipeline project to supply gas to Europe.
The project is the Nigeria-Morocco Gas Pipeline, aimed at transporting Nigerian gas to Morocco and onward to Europe through the West African coastline.
This is just as Vice President Shettima has said, President Bola Ahmed Tinubu’s bold economic reforms have positioned Nigeria as a prime investment destination, especially in the energy sector.
Speaking on Monday during a meeting with Vitol Group, the world’s largest independent commodity trader, at the Presidential Villa, the Vice President said Nigeria’s leadership transformation under President Tinubu represents an unprecedented opportunity for international investors.
He said, “Most importantly is the leadership. President Bola Ahmed Tinubu grew up in that ecosystem- energy and finance.
“In the past 25 years, we have not had a leader who has the courage to take far-reaching decisions as he has taken- the removal of fuel subsidy, the unification of the multiple exchange rates, and the tax reforms.”
The Vice President made a direct appeal to global investors, stating that “he (the President) is putting Nigeria on a new trajectory. This is where the action is, invest in Nigeria.”
VP Shettima described Nigeria’s gas sector as a beacon of stability and transparency amid global uncertainty.
He said, “I will urge you to key into our nation’s energy transition programme. I want you to utilise your dominance in the Liquefied Natural Gas (LNG) and Associated Petroleum Gas (APG) sub-sectors. The world is changing, and ours is actually a gas and not an oil economy. We have the eighth-largest gas reserve in the world. We really want to harness the potential in the gas sector fundamentally because of the stability and transparency in that arena.
“The Nigeria Liquefied Natural Gas Limited (NLNG) has been largely insulated from government interference. What we are getting from the NLNG is so predictable. This is why we are seriously exploring the option of taking our gas to Europe.
It is an expensive venture requiring about $25 billion, and of course, the technical expertise. We need you more for your technical expertise more than for your money. Gas supply stability counts, that is why we are exploring the option of an undersea gas pipeline.”
The Vice President urged Vitol to bring its considerable technical expertise and global influence to bear in advancing Nigeria’s gas infrastructure and exports.
“We urge you to use your influence, contacts and goodwill to mobilise resources for this project. It will be a completely transparent management structure. I will urge you to come on board with this project,” VP Shettima said.
Earlier, the leader of the delegation, Chief Financial Officer of Vitol Group, Jeffrey Dellapina, said that Vitol has a long-term commitment to Nigeria.
“This has been an incredibly close and important country for Vitol for a very long time. We have participated in a lot of things from the downstream, financing, trading and government support when needed.”
“We do want to maintain an understanding that Vitol is committed, and we are always available to deploy capital when needed. We want to say that Vitol is committed to this country, and we want to stay in this country and evolve with you.”
Also, Vitol Group’s Head of Public Affairs, Murtala Baloni, noted that the company is currently enjoying a favourable business relationship with Nigerian companies and the government.
“We support the business of the government in ways that we can in the deployment of capital. We were one of the major funders of Project Gazelle, a crude oil-backed forward-sale finance facility by the Nigerian National Petroleum Company Limited (NNPC Limited), where we put in $300 million during the COVID-19 period,” he stated.
Also present at the meeting was Nigeria Country Manager for Vitol Group, Thomas de Montulé.
VP Shettima: We Will Move Nigeria From Cocoa Production To Processing
News
Feyemi: Challenges of Poverty, Inequality, Governance Deficits and Insecurity Can Only Be Effectively Addressed in West Africa with Reform of ECOWAS
Feyemi: Challenges of Poverty, Inequality, Governance Deficits and Insecurity Can Only Be Effectively Addressed in West Africa with Reform of ECOWAS
By: Michael Mike
Former Ekiti State Governor, Dr. Kayode Fayemi has called for urgent reform of Economic Community of West African States (ECOWAS), insisting that the challenges of poverty, inequality, governance deficits, and insecurity in the West African region cannot be effectively addressed by the regional bloc in its current form.
Speaking in Abuja at the second edition of the African Political Square and the Experts meeting on Alternative Futures for ECOWAS at 50 – jointly organized with the African Leadership Centre (ALC), in collaboration with Codesria and Wathi, Fayemi said: “Clearly, the current state of the regional body underscores the need for deep reflection on how ECOWAS can move beyond being an elite-driven institution to one that truly represents and serves its people.
“The challenges of poverty, inequality, governance deficits, and insecurity cannot be effectively addressed by ECOWAS in its current form.
“There is an urgent need for a new, citizen-centered approach that responds to the real concerns of ordinary West Africans, rather than focusing solely on the priorities of political leaders.”
Fayemi, who is the co-founder of Amanda Institute for Policy and Leadership Advancement, said: “It is also my hope that a key part of our discussion will focus on security and the role of the military in addressing instability in the region. It is now evident that traditional military strategies alone are inadequate in tackling the complex threats posed by insurgent and terrorist groups.”
He decried that: “Many of these groups are deeply embedded within communities and even, in some cases, within the military itself. What is needed is a more sophisticated intelligence-based approach, combined with efforts to address the underlying social and economic drivers of insecurity. We need a comprehensive human security strategy that deals with issues of poverty, inequality, and governance failures, which extremist groups continue to exploit.”
He added that: “While it is understandable that many citizens are frustrated with civilian governments that have failed to deliver on governance and security, we should also not mince words that military rule is not a viable alternative in tackling governance deficits. History has shown that military regimes do not provide sustainable solutions. In fact, in the three countries that have now exited ECOWAS, terrorism and insecurity have worsened since the military took over.”
He tasked the leadership of ECOWAS to get a working arrangement with AES countries, stressing that: “The challenge for ECOWAS is how to engage these regimes while also ensuring a pathway back to credible democratic governance. It is crucial that ECOWAS continues to leverage diplomatic efforts in finding pragmatic ways that do not alienate the breakaway states further but instead brings them back into a cooperative regional framework.
“The current effort of the Commission in this regard is noted. In this regard, ECOWAS has always been a flexible and adaptive regional body, accommodating different sub-regional groupings like UEMOA, CENSAD, the Mano River Union, and others. There is no reason why AES (the putative Sahelian bloc of Burkina Faso, Mali, and Niger) cannot continue to be part of ECOWAS, even if they insist on maintaining a distinct identity. The goal should be to preserve regional cooperation, stability, and development, rather than encouraging further divisions.”
He added that: “All of the issues confronting the region collectively reinforce the urgency of rethinking and reimagining ECOWAS’s role in a changing West Africa. The regional body cannot continue business as usual. It must evolve to reflect the realities on the ground and to rebuild trust with its citizens. 50 years is a significant milestone in which ECOWAS has accomplished a lot, but it must also serve as a moment of reckoning: a time for deep reflection, bold reforms, and a renewed commitment to the principles of regional integration, security, and inclusive governance. The future of West Africa depends on the choices we make today, and it is clear that ECOWAS must embrace change if it is to remain relevant in the years ahead.”
On his part, the ECOWAS Commission President, Dr. Omar Alieu Touray lamented that the regional bloc today faces a crisis of democracy and security.
Touray, who was represented by the Commissioner for Political Affairs, Peace and Security, Ambassador Abdufatah Musah, described the moment as one demanding “deep introspection and honest self-assessment.”
He said: “ECOWAS today faces a crisis of democracy and security. Manipulation of constitutions and exclusionary politics have become fashionable. Democracy is in crisis, and insecurity has worsened.”
He noted that the bloc’s history had passed through three phases: formation amid Cold War divisions, the peacekeeping era of the 1990s, and the current struggle with insecurity and governance.
“It was visionary leadership that created ECOWAS in 1975,” he recalled. “At that time, bringing together francophone, anglophone, and lusophone states was itself a miracle. Now, after fifty years, we must ask whether we are still faithful to that vision.”
He warned that “external shocks and internal weaknesses” had combined to create a turning point for West Africa. “The world is no longer bipolar; it is multipolar — even multicultural,” he said. “Countries now have choices based on their interests and values. West Africa must also choose — between people-centred democracy and authoritarian regression.”
He disclosed that ECOWAS had launched “a series of introspections” across its structures to redefine its strategy for the next 15 years.
He added that: “Citizens must be at the heart of this new ECOWAS. They must decide the direction we take. Every generation must discover its mission, fulfil it, or betray it. For West Africa, this is that defining mission.”
Also speaking, the Vice President (International Engagement) at King’s College London and Founding Director of the African Leadership Centre, Professor Funmi Olonisakin, said the 50th anniversary should provoke a fundamental rethink of the regional body’s purpose and structure.
“Even without the current crises, a strong case exists for a reinvention of the West African integration project. The transition from an ECOWAS of rulers — an elite club of political leaders — to a community of the people has not happened as hoped.”
Feyemi: Challenges of Poverty, Inequality, Governance Deficits and Insecurity Can Only Be Effectively Addressed in West Africa with Reform of ECOWAS
News
GIFSEP Empowers Women to Champion Renewable Energy in Nigeria
GIFSEP Empowers Women to Champion Renewable Energy in Nigeria
By: Michael Mike
The Global Initiative for Food Security and Ecosystem Preservation (GIFSEP) has launched a campaign to empower women as key voices in Nigeria’s renewable energy transition.
The organization convened a media parley and exhibition under the theme “Empowering Women Voices for Renewable Energy: Media Coverage Parley and Exhibition in Nigeria” at Novare Mall, Shoprite, Wuse Zone 5, Abuja, bringing together women leaders, activists, and clean energy advocates to promote gender inclusion in climate and energy solutions.
The gathering, which drew women from various communities and organizations, highlighted the urgent need for a shift from fossil fuels to renewable energy in Nigeria.
In his statement, Dr. Michael Terungwa David, Executive Director of GIFSEP, emphasized that women are disproportionately affected by the country’s reliance on oil, gas, and coal, which continue to pollute the environment and deepen poverty.
Nigeria, despite being Africa’s largest economy, still has over 85 million citizens without access to electricity, forcing many families especially in rural areas to depend on kerosene, firewood, and diesel generators.
Dr. David noted that these traditional energy sources endanger women’s health, limit educational opportunities for girls, and worsen economic inequality.
GIFSEP’s recent Women for Renewable Energy Boot Camp, supported by Social Change Nest and UMI Fund, trained women from fossil fuel-impacted communities as solar technicians and clean energy advocates.
Participants received hands-on instruction in solar installation, maintenance, and community education, equipping them to lead clean energy adoption in their localities.
Speaking at the event, Dr. Michael Terungwa David emphasized the urgent need for a just energy transition in Nigeria, calling on governments, partners, and the private sector to support women-led renewable energy initiatives. He stressed that access to clean energy is a human right and key to equity, health, and opportunity.
“As the world prepares for COP30, GIFSEP calls on government agencies, development partners, and the private sector to invest in women-led renewable energy solutions and scale up climate and adaptation finance that directly reaches local communities. Energy is not just power, it’s health, education, and opportunity.
World leaders must remember that renewable energy access is not charity; it’s a human right. A just energy transition in Nigeria must prioritize equity, inclusiveness, and community ownership ensuring that no one, especially women and the poor, is left behind. Together, with women, we can power Nigeria’s future with clean energy, justice, and hope.’”
Dr. David also revealed that GIFSEP has launched the Women Voices for Renewable Energy in Nigeria initiative, training women from fossil fuel–impacted communities as solar technicians and clean energy advocates. The program equips participants with practical skills to transform their communities.
He further stated “Recognizing this gap, GIFSEP has taken proactive steps to empower women as key drivers of Nigeria’s energy transition through the Women Voices for Renewable Energy in Nigeria initiative with support from Social Change Nest and UMI Fund. Over the past three days, we held a Women for Renewable Energy Boot Camp, where we trained women and girls from fossil fuel–impacted communities to become solar technicians and clean energy advocates.
Through hands-on sessions and mentorship, participants gained practical skills in solar installation, maintenance, and community energy education, preparing them to return to their communities as both practitioners and change agents for renewable energy adoption.’” He stated .
He further disclosed Nigeria’s dependence on oil, gas, and coal, particularly in the Niger Delta and North Central regions, continues to fuel greenhouse gas emissions, air and water pollution, and severe environmental degradation.

“Nigeria stands at a crossroads. The country’s dependence on oil, gas, and coal particularly in the Niger Delta and North Central regions continues to fuel greenhouse gas emissions, air and water pollution, and severe environmental degradation. Gas flaring and fossil fuel combustion release significant amounts of methane and carbon dioxide, driving both climate change and environmental injustice in host communities.”
He emphasized that Nigeria Despite being Africa’s largest economy, over 85 million Nigerians more than 40% of the population still lack electricity, keeping many trapped in cycles of poverty and limiting economic development.
“Despite being Africa’s largest economy, over 85 million Nigerians more than 40% of the population still lack access to electricity. This persistent energy poverty stifles economic development, worsens inequality, and keeps millions trapped in cycles of hardship.”
Women and girls are disproportionately affected by energy poverty. Traditional fuels like firewood and kerosene expose them to health risks and reduce opportunities for education and income generation.
“Families across rural Nigeria continue to depend on kerosene, firewood, and diesel generators options that are expensive, unsafe, and harmful to human health and the environment. The consequences are especially severe for women and girls, who spend hours fetching firewood and are exposed to dangerous indoor smoke, losing valuable time for education, income generation, and rest.”he added.
Doorcas Nicanor, Team Lead of Women Voices for Renewable Energy, introduced the women participants and highlighted the importance of energy access as a human right for communities, homes, schools, and health facilities.
“Energy access is not charity, it is a human right ,it is renewable energy for our small scale businesses.” She stated .
Juliat Ooja Okoh, Coordinator of Owukpa Women in Training, spoke on the challenges women face in coal-impacted communities like Owukpa and Awo, emphasizing energy deprivation and the empowering effect of the boot camp.
“For us, renewable energy is no longer charity, it’s our right lending our voices to the issues of renewable energy is going to make the world know what women are going through.”she added.
Amanie Stella, Executive Director of Women and Youth Affairs (SWAYA), highlighted the Niger Delta’s oil exploitation, environmental degradation, and energy poverty, calling for climate and energy justice for women and their communities.
“This boot camp has given us the opportunity as women to demand climate justice ,it will be nice if women have clean energy in their homes so their children can read at night.”
Rejoice Asoloko, a member of Brum Brum Community, addressed the poverty and insecurity in mineral-rich areas like Asraigon, noting that renewable energy access can empower women and improve community development.
“This boot camp is an eye opener,it shows the need for women to get involved in renewable energy and have access to it.”
Best Nbani of Lekeh Development Foundation, representing youth from the Niger Delta, called on multinational oil companies like Shell to remediate environmental damage in Oguni, linking energy access to justice and environmental restoration ahead of COP30.
“Shell should come and clean up Oguni land ,Shell should remediate, restore, and repair.” She added.
GIFSEP Empowers Women to Champion Renewable Energy in Nigeria
News
Ahead Of UN COP 30 In Brazil, FG Okays National Carbon Market Framework
Ahead Of UN COP 30 In Brazil, FG Okays National Carbon Market Framework
*Nigeria to access $3bn annually as President sets agenda for country’s participation
By: Our Reporter
Ahead of the 30th session of the United Nations Climate Change Conference in Brazil, President Bola Ahmed Tinubu has approved the adoption of a National Carbon Market Framework, the operationalization of the Climate Change Fund.
The goal is to establish and manage Nigeria’s participation in 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.

The approvals followed a presentation by the Director General of NCCC, Mrs Omotenioye Majekodunmi, at the second meeting of the Council held on Thursday evening at the Presidential Villa, Abuja.
President Tinubu, who was represented by Vice President Kashim Shettima, said the approvals were part of measures by his administration to properly position Nigeria to leverage opportunities in the global carbon market and be more active in climate change ecosystem.
The Nigerian leader also set the agenda for Nigeria ahead of the forthcoming 30th United Nations Climate Change Conference (COP 30) scheduled for Belem, Brazil, saying the focus is to harness all of the opportunities for financing climate resilient projects and related interventions, particularly from the global carbon market.

The President said his administration recognizes the fact that addressing climate change is not just an environment imperative but an opportunity to unlock new investments, jobs and innovations across the nation’s energy, agriculture and industrial sectors.
He said, “Nigeria stands ready to takes its rightful place as a global leader in climate action, ensuring that our voice and our reality are heard and respected in international negotiations.

“We have demonstrated this commitment through our active participation in the UNFCCC process, our progress towards implementing our nationally determined contributions and our efforts to mobilize climate finance for adaption and mitigation across all levels of government.”
The President assured that as chairman of the Council, Climate action will continue to be prioritized in his administration’s development agenda.
“We will continue to champion policies that protect our people, strengthen our economy and position Nigeria as a destination for green investment and innovation”.
Earlier, the Director-General of the National Council on Climate Change and Secretary to the Council, Mrs. Omotenioye Majekodunmi, informed the council chaired by Vice President Shettima, who represented President Bola Tinubu, that the meeting was timely ahead of the 2025 United Nations Climate Change Conference (COP 30) scheduled to hold in Brazil.
She said the deliberations and decisions of the council would shape how Nigeria is perceived globally and determine how effectively the country can mobilize support to achieve its climate goals.
The Council Secretariat expressed its commitment to providing the technical leadership and coordination needed to translate Nigeria’s climate goals into measurable results.
Presenting the Council’s progress report, Majekodunmi disclosed that Nigeria is now eligible to access new rounds of climate finance from multilateral funds.
Highlighting the Secretariat’s key requests, she said the Council sought the adoption of the National Carbon Market Framework to enable Nigeria unlock between $2.5 billion and $3 billion annually in carbon finance over the next decade.
The Council also requested the operationalization of the Climate Change Fund to ensure immediate readiness for fund mobilization and utilization.
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, backed the Council Secretariat’s recommendations, noting that Nigeria must secure a strong position within the carbon framework.
He assured the Council of the Finance ministry’s support, including coordination with the ministry’s economic department to host a quarterly Climate Finance Tracking Dashboard.
Ahead Of UN COP 30 In Brazil, FG Okays National Carbon Market Framework
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