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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
Nigeria, India Sign Landmark Human Rights Pact, Fagbemi Backs Stronger Institutional Independence
Nigeria, India Sign Landmark Human Rights Pact, Fagbemi Backs Stronger Institutional Independence
…AGF pledges justice ministry’s support for implementation, demands practical safeguards for citizens in AI era
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, who described the agreement as a strategic partnership between the two countries, said its success would ultimately be measured by its impact on ordinary citizens, particularly vulnerable and marginalised groups seeking justice.
The agreement, executed between the National Human Rights Commission (NHRC) of Nigeria 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 gave the government’s position on Tuesday in Abuja when he received a joint delegation of the two commissions at the Federal Ministry of Justice, describing the partnership as timely, particularly 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 a high-level engagement between the two commissions and the Chief Justice of Nigeria (CJN), at the Supreme Court Complex, Abuja, on Monday, as part of a two-day working visit by the Indian delegation.
The Nigerian delegation was led by the Executive Secretary of NHRC, Chief Tony Ojukwu, SAN, OFR, 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, expressing 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, 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 used the engagement to reaffirm 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.
Earlier, during Monday’s engagement with the Chief Justice of Nigeria, the Executive Secretary of NHRC Nigeria had 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.
Ojukwu 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.
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.
The partnership also comes at a time when national human rights institutions face increasing demands to address abuses linked to security operations, discrimination, environmental degradation, digital surveillance and the misuse of emerging technologies.
For Nigeria, the collaboration offers an opportunity to strengthen its human rights enforcement architecture through international knowledge-sharing while reinforcing the independence and operational effectiveness of its national commission.
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 wished the Indian delegation a productive stay in Nigeria and 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 Landmark Human Rights Pact, Fagbemi Backs Stronger Institutional Independence
News
NSCDC Strengthens Gender Policy Implementation, Trains Officers on SGBV, Digital Safety
NSCDC Strengthens Gender Policy Implementation, Trains Officers on SGBV, Digital Safety
By: Michael Mike
Corps partners SPRING, FCDO, TechHer to promote women’s participation in peacebuilding, tackle technology-facilitated violence
The Nigeria Security and Civil Defence Corps (NSCDC) has intensified efforts to combat sexual and gender-based violence (SGBV), strengthen women’s participation in security decision-making and promote digital safety among young people through the implementation of its Gender Policy II.
The Commandant-General of the Corps, Prof. Ahmed Audi, stated this at a two-day Gender, Women, Peace and Security capacity-building training organised at the NSCDC College and Support Staff Service, Udege, Nasarawa State.
The training was organised in collaboration with Strengthening Peace and Resilience in Nigeria (SPRING), with support from the United Kingdom’s Foreign, Commonwealth and Development Office (FCDO).
Audi, who delivered his keynote address through a representative, said the policy provided a framework for mainstreaming gender considerations into the Corps’ operations, personnel management, leadership structure and community engagement.
He stressed the need for effective prevention and response to sexual and gender-based violence, including conflict-related abuses and technology-facilitated violence.
The Commandant-General also called for increased participation of women in peacebuilding and security decision-making, equal opportunities within the Corps and stronger partnerships with traditional institutions, government agencies, civil society organisations and development partners.
He urged commands and personnel, particularly Gender Desk Officers, to ensure effective coordination, timely reporting, appropriate referrals, monitoring and accountability in handling gender-related cases.
Audi described the implementation of the policy as a collective responsibility requiring sustained commitment across all levels of the Corps.
In a goodwill message, the Osu Ajiri of Edege Chiefdom, Alhaji Suleiman Ahmed Eko IV, commended the NSCDC for its presence in the community, saying its operations had strengthened the sense of security among residents, particularly farmers.
The traditional ruler pledged the support of his council in addressing gender-based violence, describing the protection of the community as a priority.
Earlier, the Commander of the College, ACG Jamilu Indabawa, said collaboration among relevant stakeholders was critical to achieving effective implementation of the gender policy.
The Gender Equality, Diversity and Social Inclusion Lead of SPRING, Mrs Amina Akano-Bello, said the training was designed to promote peaceful and resilient communities through early identification and response to gender-based violence, as well as the inclusion of women and young people in leadership.
Also, the NSCDC National Headquarters Gender Unit Adviser, DCC Ajet Kemi, provided participants with insights into the different forms of sexual and gender-based violence, their societal implications and preventive measures.
A retired Assistant Commandant-General, Ahmed Abodurin, who facilitated a session on institutional ethics in gender policy implementation, emphasised professionalism, accountability, gender sensitivity and adherence to institutional standards.
Beyond the capacity-building exercise, the Corps partnered TechHer, an organisation promoting women’s advancement through technology, to extend digital safety awareness to schools in Udege.
The outreach, themed “Stop Technology-Facilitated Gender-Based Violence”, educated students on the dangers of digital abuse, responsible online behaviour and measures for staying safe in digital spaces.
Representatives of the Federal Ministry of Interior, Nasarawa State Ministry of Women Affairs and Social Development, Nasarawa State Ministry of Justice and Gammuo International also delivered goodwill messages, reaffirming the importance of collective action in advancing gender equality, peace and security.
NSCDC Strengthens Gender Policy Implementation, Trains Officers on SGBV, Digital Safety
News
Bank customer alleges N2.59m theft from two GTBank accounts
Bank customer alleges N2.59m theft from two GTBank accounts
By: Michael Mike
A customer of Guaranty Trust Bank, Stella Adepegba, has accused the bank of negligence after fraudsters allegedly stole N2.59m from two accounts belonging to her and her daughter within 24 days.
Adepegba said the incidents occurred on October 8 and November 1, 2026, with the perpetrators allegedly transferring funds without authorisation or security notifications.
She accused the bank of failing to refund the money despite repeated complaints and assurances that the matter would be resolved.
According to her, the first incident involved her daughter, Victoria Adepegba, whose Child Saver’s Account was allegedly compromised on October 8 at about 8pm.
She explained that N2.507m was transferred through the Nigeria Inter-Bank Settlement System Instant Payment channel in four transactions, leaving less than N2,000 in the account.
Adepegba said N399,000, N398,000 and N220,000 were transferred to a Moniepoint account bearing the name Abdulmalik Idris, while another N1.49m went to a GoMoney account bearing the name Zainab Ibrahim.
She alleged that no debit alerts were received, adding that a GTBank employee informed her of the transactions and offered to block the account after the money had already been withdrawn.
The complainant said she reported the incident at the bank’s Kubwa branch in Abuja on October 9 and was instructed to document the unauthorised transactions.
However, she alleged that the bank subsequently sent an email attributing the transactions to compromised login credentials, an explanation she rejected.
Adepegba said another N80,000 was fraudulently transferred from her personal GTBank account on November 1 to a FairMoney account bearing the name Jamilu Ahmad, bringing the cumulative loss to N2.587m.
“GTB could not explain how the hackers successfully stole my money despite changing my account’s log-in details after the attack on my daughter’s account. The bank must refund the stolen funds and go after those who masterminded the fraud,” she said.
She insisted that her mobile phone, SIM card and ATM card were in her possession during both incidents, adding that she neither disclosed her banking credentials nor received OTP requests.
“The implication of these targeted attacks on my bank accounts is that no customer’s funds are safe with GTB, and if anything happens, the bank will not accept responsibility or offer any succour whatsoever,” she lamented.
She stated that a compliance officer, Innocent Ukatu, and the bank’s media consultant, Cornelius Onuoha, initially assured her that the complaint would be resolved.
Reacting to the incident, the Chief Communications Officer of Guaranty Trust Holding Company Plc, Mrs Oyinade Adegite, said the incidents had been investigated and feedback provided to the customer.
She attributed the compromise to customer-side security vulnerabilities, explaining that fraudsters increasingly deploy sophisticated phishing techniques to obtain banking credentials.
“Immediately this came up, it was escalated and investigated, and feedback has been given,” she said.
Adegite explained that customers could unknowingly compromise their accounts by clicking malicious links that install malware that can capture sensitive information.
“Now it’s a phishing link you might click on that sometimes would actually install malware on your phone,” she said.
She maintained that the bank had implemented the necessary security safeguards, including two-factor authentication, and insisted the compromise originated on the customer’s end.
“All the measures the bank has to put in place for us, 2FA, everything was done. So, the compromise came clearly from the customer,” she stated.
However, she expressed sympathy for the losses and said she would follow up on the second incident to explore possible intervention.
The allegations come amid regulatory scrutiny of Nigerian banks over consumer protection and compliance failures.
An earlier analysis of audited financial statements showed that Guaranty Trust Holding Company, GTBank’s parent company, incurred N383.65m in regulatory penalties in Nigeria in 2024.
The sanctions included N56m for consumer protection violations, N160.4m following a Central Bank of Nigeria mystery shopping exercise, N149.25m for compliance-related issues and bank email returns, and N18m following a foreign exchange examination.
Bank customer alleges N2.59m theft from two GTBank accounts
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