National News
We Are Building Viable, Globally Competitive Economy, Says President Tinubu
We Are Building Viable, Globally Competitive Economy, Says President Tinubu
** Lauds First Bank’s legacy of innovation, adaptability at groundbreaking for new headquarters
By: Our Reporter
President Bola Ahmed Tinubu has said his administration is working assiduously to create a system that is sustainable and globally competitive for Nigerian banks and other financial institutions to thrive.
He noted that government policies under his administration are motivated by the reality that the nation no longer has the luxury of time to postpone its economic transformation.

President Tinubu, who spoke on Wednesday when he performed the groundbreaking ceremony for a new state-of-the-art headquarters of First Bank of Nigeria at Eko Atlantic City in Lagos State, observed that banks can only prosper under a thriving economy.
Represented at the event by his deputy, Vice President Kashim Shettima, the President however pointed out that what his “administration does and sets out to accomplish rests on the cooperation and capacity of” the financial institutions.
“Banks are the engines of economic growth, and we owe it to them to champion a system that guarantees sustainability and global competitiveness. Our expectation is for our banks to excel, to expand beyond our shores, and to earn their place among the world’s most viable and profitable enterprises,” he stated.

President Tinubu maintained that his administration is working to create an enabling environment for businesses to flourish despite assuming office at a time that required difficult but necessary decisions to stabilise the nation’s economy.
He said, “We assumed office at a time that demanded bold, progressive thinking—a time that called for difficult but necessary decisions to stabilise our fiscal and monetary landscape. Our policies are inspired by the reality that we can no longer afford to postpone our economic transformation.
“This administration is committed to creating an enabling environment for businesses to flourish, and I assure you that you have a partner in this government. We are here to climb the hills of progress with you.”

The President commended First Bank for standing the test of time, saying the secret of the bank’s steadfastness, legacy of innovation and adaptability lies in the art of reinvention.
“From the Bank of British West Africa to Standard Bank of West Africa and, finally, to this 130-year-old success story, First Bank has remained a towering institution, outliving disruptions and redefining banking through the decades.
“In an industry where the fate of many banks is sealed in the dusty pages of history, surviving—let alone thriving—demands more than just calculated risks; it takes ambition, and the brilliance of refined minds. I join you here today to celebrate a legacy of innovation and adaptability that has kept First Bank ahead of the curve,” he added.
President Tinubu congratulated the board and management of First Bank for investing in a new head office, noting that it is a reassurance to the bank’s “customers, shareholders, and the government that Nigeria’s oldest financial institution is not resting on its laurels.”
He continued: “I understand all too well that history demands the best of us. The ability to manage risk is what distinguishes great banks from transient institutions.
“This groundbreaking ceremony is not just about laying the foundation for a new edifice; it testifies to First Bank’s commitment to reinvention—to adapting to the realities of our time while staying true to its heritage.
“The decision to establish this state-of-the-art headquarters in Eko Atlantic City is symbolic of a vision that extends beyond the present, positioning First Bank as a financial powerhouse in Nigeria and beyond.”
In his remarks, Lagos State Governor, Babajide Sanwo-Olu, thanked Vice President Shettima for the work he is doing for the country in support of the President.
The Governor poured encomiums on President Bola Tinubu, recalling that he was in his cabinet when the idea to create Eko Atlantic City was birthed, many of the cabinet members expressing doubt about the possibility to create a dry ground out of the bar beach.
“We want to set Lagos on a trajectory of becoming the centrepiece of finance and commerce not only in Nigeria but Africa and beyond. It will be Africa’s mega city that is safe and secure to take the mantle of leadership in the financial sector.”
Sanwo-Olu thanked the Chairman of First Bank of Nigeria (FBN) Holdings, Femi Otedola, noting that while he is economical with his words, each statement he makes carries significant weight.
Also speaking, Ogun State Governor, Prince Dapo Abiodun, said it was an honour to witness what could be aptly described as an iconic building and a significant milestone for the First Bank.
He noted that the building further redefines First Bank and its resilience in the banking industry, saying “this is bold, audacious, what tenacity is all about and First Bank has always blazed the trail.”
According to him, First Bank has since 1894 evolved into a bank with well over seven hundred branches in Nigeria and worldwide.
On his part, Chairman of First Bank Holdings, Chief Otedola, expressed gratitude and excitement over the groundbreaking ceremony, just as he eulogized President Tinubu “for his unalloyed support for this great project.”
Otedola also praised Vice President Shettima for being at the forefront of encouraging development in the country, even as he thanked the Lagos State Governor for his unwavering support and creating a conducive atmosphere for doing business in the state.
He also expressed gratitude to customers of First Bank, the regulators, especially the Governor of Central Bank of Nigeria for stabilising the activities of the services industry in the country, among others.
Welcoming the dignitaries and other guests to the ground breaking event, Managing Director and CEO of First Bank Plc, Mr. Olusegun Alebiosu, said since its establishment in 1894, First Bank had been at the forefront of Nigerian banking evolution, stressing that the journey of the bank has been defined by accountability, transparency and unwavering commitment to customers.
“It is a legacy that stood the test of time – over 13 decades, engulfing the financial landscape of our great nation and continuously shaping the business of banking in Nigeria and beyond,” he stated.
In his goodwill message, the chairman of Dangote Group, Alhaji Aliko Dangote, commended the Chairman of First Bank Group and his Board members “for building the massive structure,” describing it as always being first while others follow.
He said he is being challenged to join First Bank in Eko Atlantic City, noting, however, that after delivering the refinery, he needed to rest but will join Eko Atlantic City in the near future.
We Are Building Viable, Globally Competitive Economy, Says President Tinubu
National News
Mali drone strikes kills dozens of civilians at wedding ceremony
Mali drone strikes kills dozens of civilians at wedding ceremony
By: Zagazola Makama
A drone strike reportedly launched by the Malian Armed Forces (FAMA) has killed more than twenty civilians, including women and children, during a wedding ceremony in the locality of Beydi, between Gossi and Inabaw, in the Timbuktu region.
Sources told Zagazola Makama that that the incident occurred on Thursday when a drone targeted the site of the ceremony, turning what was supposed to be a moment of joy into a tragedy.
Residents described the aftermath as horrific, with mutilated bodies, burned children, and grieving relatives crying in distress amidst the rubble.
The drone came without warning and dropped explosives directly on the wedding gathering. We lost many people men, women, and children.
Sources confirmed that at least 20 civilians were confirmed dead, while several others sustained serious injuries and were rushed to nearby medical facilities.
The Malian authorities are yet to issue an official statement on the incident. However, independent civil society organizations have condemned the strike, describing it as one of the deadliest targeting errors since the junta took power in 2021.
The attack reignited growing concerns about the military’s increasing reliance on aerial strikes in civilian-populated areas amid its ongoing campaign against armed jihadist groups in the north.
The incident comes amid widespread criticism of the junta for alleged human rights abuses and clandestine dealings with jihadist factions linked to Jama’at Nusrat al-Islam wal-Muslimin (JNIM).
Northern Mali has remained a flashpoint of violence since 2012 when insurgent and separatist groups seized large swathes of territory. Despite successive military operations, instability persists, with both jihadist and government forces accused of atrocities against civilians.
In recent months, the junta, supported by Russian Wagner Group mercenaries, has intensified drone operations in the Timbuktu and Gao regions, leading to growing fears among locals of indiscriminate attacks.
The Beydi strike risks deepening mistrust between communities and the armed forces, potentially fuelling recruitment for extremist groups
Mali drone strikes kills dozens of civilians at wedding ceremony
National News
Nigeria Unveils National Waste Marketplace Programme to Drive Circular Economy and Green Innovation
Nigeria Unveils National Waste Marketplace Programme to Drive Circular Economy and Green Innovation
By: Michael Mike
The Federal Government has officially launched the National Waste Marketplace Programme (NWMP), a groundbreaking digital platform designed to revolutionise waste management, promote recycling, and stimulate green enterprise across the country.
The unveiling ceremony, which was held in Abuja on Thursday, brought together representatives from government, the private sector, academia, civil society organisations, and international development partners, including the European Union (EU), German Development Cooperation (GIZ), United Nations Industrial Development Organization (UNIDO), and United Nations Development Programme (UNDP).
The event was marked by addresses from key figures in Nigeria’s environmental sector, including Prof. Innocent Barikor, representative of the Legal Business School Sustainability Centre, and the Honourable Minister of Environment, Balarabe Lawal, who served as the guest of honour.
Barikor described the National Waste Marketplace Programme as an innovative step by the National Environmental Standards and Regulations Enforcement Agency (NESREA) to bridge environmental sustainability with economic opportunity through digital technology.
He said: “The National Waste Marketplace Programme represents our national resolve to harness innovation and partnership for sustainable waste management and a thriving circular economy.
“It embodies the idea that waste, when properly managed, can drive growth, enterprise, and inclusion across society.”
The programme, he explained, aligns with the Renewed Hope Agenda of President Bola Tinubu, which emphasises economic diversification, innovation, and effective governance. By connecting waste generators, recyclers, aggregators, and end-users in a transparent, traceable system, the initiative aims to transform waste from an environmental burden into an economic asset.
Delivering the keynote address, Balarabe Lawal hailed the initiative as a “landmark innovation” that formalises Nigeria’s waste value chain.
“The National Waste Marketplace is an opportunity to close the gap in our waste management system by modernising operations and advancing the principles of the circular economy,” the Minister stated.
He highlighted that millions of tonnes of recyclable materials are lost annually due to poor disposal practices a challenge that the NWMP seeks to address by creating economic linkages across the recycling ecosystem.
The Minister noted that the initiative aligns with several national and international frameworks, including the National Policy on Solid Waste Management, Extended Producer Responsibility (EPR) Programme, National Circular Economy Roadmap, and global agreements such as the Basel Convention and the Paris Agreement.
“This programme will not only promote responsible production and consumption but also contribute to achieving the Sustainable Development Goals (SDGs) — particularly Goals 6, 8, 9, 12, 13, 14, and 15,” he said.
The Minister also acknowledged the Recycle Start Nigeria Limited, NESREA’s technology partner, for its role in developing the digital infrastructure behind the platform.
“The success of this programme demonstrates how regulatory reform, private sector participation, and technological innovation can converge to deliver environmental and economic benefits,” Lawal said.
He urged all stakeholders government agencies, private sector players, recyclers, investors, and civil society to take ownership of the National Waste Marketplace Programme.
He said: “By working together, we can build a more organised waste management system that promotes accountability, creates jobs, and safeguards our environment.”
Through the NWMP, waste will no longer be seen as refuse but as a resource for value creation. The platform enables efficient trading of recyclable materials while ensuring traceability and accountability across the waste management chain.
Barikor emphasised that the system will empower youth and small businesses, stimulate investment, and expand livelihood opportunities in local communities.
“This initiative gives practical expression to our collective aspiration for a cleaner, more prosperous Nigeria where waste management becomes a driver of innovation and employment,” he said.
Both speakers expressed gratitude to Nigeria’s development partners including GIZ, UNDP, UNIDO, and the European Union for their continued collaboration and technical support in promoting circular economy initiatives.
The launch of the National Waste Marketplace Programme marks a defining step in Nigeria’s transition toward a circular economy, one that prioritises innovation, sustainability, and inclusive growth turning the nation’s waste challenge into a powerful engine for green development.
Nigeria Unveils National Waste Marketplace Programme to Drive Circular Economy and Green Innovation
National News
VP SHETTIMA TO ACF: Stand In Solidarity With President Tinubu’s Renewed Hope Agenda
VP SHETTIMA TO ACF: Stand In Solidarity With President Tinubu’s Renewed Hope Agenda
*Says all groups, communities, faiths, have a say in national conversation under Tinubu’s watch
*Urges resistance against mischief makers to divide Nigeria
By: Our Reporter
The Vice President, Senator Kashim Shettima, has charged the Arewa Consultative Forum (ACF) to stand in solidarity with the Renewed Hope Agenda of President Bola Ahmed Tinubu.
According to him, “there is no better time than now for the leaders of the North to stand together as one” in support of efforts by the Tinubu administration to wriggle the nation out of the economic and social morass it was hitherto enmeshed in.
The Vice President made the call on Wednesday during an audience with a delegation from the Arewa Consultative Forum (ACF) led by its Chairman of the Board of Trustees, Alhaji Bashir Dalhatu, at the Presidential Villa, Abuja.
Senator Shettima told members of the region’s apex socio-cultural organisation to resist the antics of a few mischief makers to fragment the unity of Nigeria.
He drew the distinction between greed and grievance as propounded by those he described as “architects of modern conflict,” observing that, “while some agitations arise from genuine grievances seeking justice and fairness, others are fuelled by greed—by the quest to exploit disorder for selfish gain.”
He said the task before the Tinubu administration is to spot the difference between genuine grievance and greed, with a view to embracing “legitimate calls for equity and inclusion, and to isolate the forces that seek to profit from chaos.”
“We have proven, time and again, that our diversity is our strength, that our differences in tribe, faith, and geography are the very bricks that make this house of destiny we live in. This is why we must continue to resist all attempts to divide us or stir mischief among us. Our future depends on unity, and unity must remain our creed,” he stated.
Dispelling claims of ethnic and religious slant by peddlers of marginalisation, VP Shettima stated categorically that every group, faith, and tribe has a voice in national issues under the Tinubu administration, and that no group will marginalized.
His words: “What we do as a government is to ensure that every group, every community, every faith, and every voice finds its place in the national conversation. We will never accommodate the marginalisation of any group. Our policies are designed to create opportunities for all—to lift every community through inclusion, education, and enterprise.”
The Vice President assured the northern leaders that they are an integral part of the Tinubu-led federal government, and that the administration is ready to partner with the ACF in advancing the cause of the region and the nation as a whole.
He said, “The trajectory of the North, however, has been a sobering one. We began as a region defined by stability, vision, and a deep commitment to building bridges across ethnic, religious, and geographic divides. But what we have inherited today is a geography scarred by insecurity, mistrust, and economic decline.
“We cannot afford to allow this chaos to fester. We owe our people not only the burden of ending the cycle of killings and destruction that have crippled our communities, but also the duty of ensuring justice for victims of violence and deprivation.
“This government is yours. Your interests shall always find representation here, for I am one of you. And where there is a shortcoming, I assure you that you have direct access to me. We exist to serve you, to represent you, and to uphold the values that make the North an equal stakeholder in Nigeria’s identity.”
Senator Shettima outlined what he described as deliberate steps being taken by the administration to reposition the fortunes of the North, saying the Renewed Hope Agenda of President Tinubu “prioritises education, agriculture, industrialisation, and security as the pillars of northern revival.”
He continued: “We are strengthening the foundations of education through reforms that empower local governments and promote fiscal autonomy at the grassroots. Through the Nigeria Education Loan Fund (NELFUND), millions of northern students now have access to tertiary education without the financial barriers that once held them back.
“We are expanding vocational and technical training centres to prepare our youth for roles in agriculture, manufacturing, and technology.”
The VP explained that under the current administration, Nigeria has moved beyond subsistence farming to large-scale commercial ventures that is transforming the vast arable land in the North into the nation’s food and industrial backbone.
“We are building agro-processing industries to create jobs and value chains, investing in microfinance systems to support smallholder farmers and MSMEs, and establishing industrial zones in key states such as Kano, Kaduna, and Sokoto to attract textile, leather, and food-processing industries,” he added.
On security, VP Shettima said national security remains the administration’s topmost priority. “Through coordinated security operations, we have neutralised notorious bandit leaders and restored relative stability to once-besieged communities. This is the foundation upon which we intend to rebuild the North—through peace, through justice, and through economic empowerment,” he noted.
Earlier, Chairman of the BoT of ACF, Alhaji Dalhatu, commended the Tinubu administration for its bold reforms, applauding the commitment and support of the Vice President for the achievements recorded so far.
The BoT Chair said, “We are proud of what you are doing as Vice President as well as the work and achievements of this administration. You are doing a good job of assisting the President in running the affairs of the country in difficult times. We are always happy to identify with you”.
He explained that the group was at the Presidential Villa to express solidarity with the government, and formally invite the Vice President to the forthcoming 25th anniversary celebration of the ACF as well as deliberations on the development of the region.
Alhaji Dalhatu said among other things, the ACF intends to launch an endowment fund to drive the socio-economic development of the northern region, especially in building models across different sectors that would be emulated by state governments in the region.
He added that the 25th anniversary celebration would also provide a platform for ACF to interact with other socio-cultural organisations across the country for the future and development of Nigeria.
For his part, Chairman of the National Executive Committee of ACF, Mamman Mike Osuman, said the socio-cultural organisation will use the 25th anniversary to showcase the potentials of the northern region and make a bold statement about its commitment to a one, prosperous, united country.
He pledged the ACF’s support for the actualization of the Renewed Hope Agenda and the realisation of targets of the Tinubu administration.
Also present at the meeting were the ACF Vice Chairman, Sen Ibrahim Ida; Secretary General, Murtala Aliyu, and BoT Vice Chairman, Amb Ibrahim Mai-Sule.
Others include, Alh Nasiru Danu; Ibrahim Sidi Bamalli; former IGP, M.D. Abubakar (rtd); Amb. Baba Ahmed Jidda; Mahmud Yayale Ahmed; Lt. Gen. Abdurahman Bello Danbazau (rtd); Nasiru Sani Isa (Wamban Kebbi); Hon. Beni Lar; Maimuna Yaya Abubakar; Aishatu M.S. Ismail; H.E. Muktar Lamara Yero; DIG Habila Joshak (rtd), and Mrs Christine Gadzama.
VP SHETTIMA TO ACF: Stand In Solidarity With President Tinubu’s Renewed Hope Agenda
-
News2 years agoRoger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
-
Opinions4 years agoTHE PLIGHT OF FARIDA
-
Opinions4 years agoPOLICE CHARGE ROOMS, A MINTING PRESS
-
News2 years agoEYN: Rev. Billi, Distortion of History, and The Living Tamarind Tree
-
ACADEMICS2 years agoA History of Biu” (2015) and The Lingering Bura-Pabir Question (1)
-
Columns2 years agoArmy University Biu: There is certain interest, but certainly not from Borno.
-
News7 months agoFAILED COUP IN BURKINA FASO: HOW TRAORÉ NARROWLY ESCAPED ASSASSINATION PLOT AMID FOREIGN INTERFERENCE CLAIMS
-
Opinions2 years agoTinubu,Shettima: The epidemic of economic, insecurity in Nigeria
