News Agency of Nigeria
Birthday: Shettima asks well-wishers to shelve congratulatory adverts

Birthday: Shettima asks well-wishers to shelve congratulatory adverts

By Salisu Sani-Idris

Vice-President Kashim Shettima has appealed to fellow compatriots, associates and numerous well-wishers across the country not to place congratulatory adverts on his 58th birthday.

He made the appeal in a statement issued by Mr Stanley Nkwocha, the Senior Special Assistant to the President on Media and Communications (Office of The Vice President) in Abuja.

The News Agency of Nigeria (NAN) reports that the vice-president will turn 58 years old on Monday, Sept. 2.

Shettima, therefore, implored friends and associates who may wish to place goodwill messages as advertisements to kindly donate the funds to charity organisations and vulnerable citizens instead.

The vice-president insisted that he would not want an elaborate pomp marking the day.

“As this auspicious moment draws closer, V-P Shettima fervently implores family members, friends and associates who may wish to place goodwill messages as advertisements to kindly donate the funds to charity organisations and vulnerable citizens instead.

“This aligns with the commitment of the Renewed Hope Administration of President Bola Tinubu to address issues of development and economic growth, as well as improving the living conditions of Nigerians.

“The vice president remains ever grateful for the goodwill he enjoys from Nigerians, demonstrated toward him over the years.” (NAN)(www.nannews.ng)

Edited by Hadiza Mohammed-Aliyu

 

Hajj: Gbajabiamila canvasses better treatment for pilgrims

Hajj: Gbajabiamila canvasses better treatment for pilgrims

By Salisu Sani-Idris

Hon. Femi Gbajabiamila, the Chief of Staff to the President, has empahaised the need for reforms within the National Hajj Commission (NAHCON) to curb financial mismanagement, negligence and maltreatment of pilgrims.

Gbajabiamila made the call on Wednesday during a fact-finding visit to NAHCON headquarters in Abuja.

The News Agency of Nigeria (NAN) reports that the visit was part of efforts to engage with government agencies under the supervision of State House.

He said NAHCON should not be involved in any controversy because of its mandate and what it represented.

“It’s a religious commission. It’s a commission that was set up to fulfill religious and spiritual obligations for men and women of faith.

“Pilgrims travel every year to fulfill an Islamic obligation. Not only that, when they’re there, they’re there as ambassadors of Nigeria.

“As ambassadors of Nigeria, it is expected that they will carry the emblem and the flag of Nigeria on their full chest to represent, and to show both in demeanour and conduct, who and what we are.

“We regret the fact that quite often pilgrims are maltreated due to improper organisation by NAHCON during hajj operations,” he said.

According to him, pilgrims end up sometimes not conducting themselves appropriately, and that the Commission must accept responsibility for the the conduct of pilgrims both in Nigeria and Saudi Arabia.

He urged the management and staff of the Commission to work closely with the Office of the Vice-President, which oversees the agency, to identify past mistakes, make corrections and ensure seamless operations for pilgrims.

“What happened has happened and we are here to chart a way forward.

“It is time that the system of the commission is reformed in such a way that it aligns with President Bola Tinubu’s Renewed Hope Agenda,” he said.

Also, Sen. Ibrahim Hadejia, the Deputy Chief of Staff to the President, echoed the Chief of Staff’s position, emphasising the need for early preparation for Hajj.

“Hajj is essentially a big-logistics operation. I was involved in the 2024 operation, and one of the key lessons learnt is the need for early preparation.

“Nigeria has the largest quota of pilgrims from Africa, and we have countries whose quota is less than the number from a state in Nigeria.

“The Hajj Commission also needs to be more transparent in informing pilgrims what they are paying for,” Hadeija said.

Responding, Prince Aliu Abdulrazak, NAHCON’s Executive Commissioner, Policy, Personnel Management and Finance, called for an overhaul of the commission’s accounting system.

He also called for an improvement of federal character representation within the organisation.

“The Commission is described as a national entity, but federal character is not fully represented.

“If you go through the nominal roll, it is dominated by a particular region,” Abdulrazak said.

Similarly, the Chief of Staff visited the National Emergency Management Agency (NEMA) and stressed the need to shift disaster management from a reactive to a proactive approach.

He emphasised the importance of prevention over mitigation, and noted that many disasters in the country could be avoided with better preparation and early warnings.

“The mandate NEMA has is two pronged: prevention of disaster and mitigation of disaster.

“But it appears that we concentrate more on mitigation and leave the other side of the mandate, which is prevention.

“We must look more closely at the area of prevention because a lot of these disasters can be prevented,” he said. (NAN) (www.nannews.ng)

Edited by Salif Atojoko

Shettima seeks stronger economic, social ties with Tanzania

Shettima seeks stronger economic, social ties with Tanzania

By Salisu Sani-Idris

Vice-President Kashim Shettima has called for strengthened cooperation between Nigeria and Tanzania in shared aspirations for continental growth and unity.

Shettima made the call on Tuesday when he received former Tanzanian President, Jakaya Kikwete, at the Presidential Villa, Abuja.

He explained that the call became necessary since Nigeria shares historic ties with Tanzania, particularly in their roles as frontline states in the fight against apartheid and colonialism.

Shettima, while praising Tanzania’s leadership legacy, said that country was one of Africa’s success stories.

” From Julius Nyerere to Samia Suluhu Hassan, the country has been blessed with exceptional leaders. Tanzania stands as a beacon of hope and stability in East Africa,” he said.

The Vice-President stressed the importance of stronger economic and social ties between the two nations, especially within the framework of the African Continental Free Trade Area (AfCFTA).

“With the discovery of significant gas reserves, Tanzania is on a fast track to development. If key African nations like Nigeria and Tanzania succeed, the entire continent will benefit,” he said.

He also praised the Tanzanian government’s support for Nigerian businesses in Tanzania, citing companies like United Bank for Africa, Guarantee Trust Bank, Dangote among many others.

Earlier, Kikwete, who was in Nigeria for the convocation ceremony at the National Defence College, expressed the readiness of that country to strengthen business and diplomatic ties with Nigeria.

“We value the friendship and cooperation between Nigeria and Tanzania and are committed to strengthening it further,” he said.

Kikwete acknowledged the role of the Nigerian National Defence College in training Tanzanian military personnel, expressing optimism for deeper ties in defense, trade and diplomacy.

Both leaders stressed the importance of revisiting outdated agreements and scaling up bilateral relations in the spirit of African solidarity. (NAN) (www.nannews.ng)

Edited by Rotimi Ijikanmi

Tinubu addresses bottlenecks to universal education – Shettima

Tinubu addresses bottlenecks to universal education – Shettima

By Salisu Sani-Idris

Vice-President Kashim Shettima on Thursday says President Bola Tinubu’s administration is working assiduously to tame all bottlenecks to universal education in the country.

According to him , this is being championed through the ongoing reforms of the institutions tasked with overcoming the ideologies and inadequacies frustrating the sub sector.

Shettima stated this at the launching of a book titled,” Navigating the Politics of Universal Education Policies in Nigeria”, authored by Prof. Modupe Adelabu, former Deputy Governor of Ekiti.

The News Agency of Nigeria (NAN) reports that the event held at the Nigerian Air Force (NAF) Conference Centre in Abuja.

” As a steward of the nation, His Excellency, President Bola Tinubu is leading the charge to reform the institutions tasked with overcoming the ideologies and inadequacies that had frustrated universal education in Nigeria.”

Shettima said the lack of financial autonomy for the local governments that were responsible for delivering primary education had financially hindered its alignment of the administrative units with the nation’s education agenda.

He, however, said that the recent Supreme Court judgment empowering the local government councils to control their resources brought them closer to the people.

“It provides new hope for our educational initiatives. We need to align with the governance and see that the educational needs of our children are catered for.”

Shettima warned that the local government autonomy should not be abused, stressing that it should be used as a fulcrum, window and avenue for addressing educational needs at the grassroots.

Vice-President Kashim Shettima.

”And without the partnership between the Federal Government, the state and the local governments, very little can be accomplished.

” Just 15 to 20 years ago, local governments were not paying the salaries of primary school teachers and even the health workers.

” So, we have to put a mechanism in place to safeguard the interests of our core workers in the local government system,” he added.

Shettima reiterated his call on Nigerians to invest their trust in President Tinubu, emphasising that Tinubu meant well for the country.

He said, ” Tinubu is not in power to engage in primitive capital accumulation, nor is he in power to leave landmarks in the sands of time.

” I’m not playing politics, I’m speaking from the heart. I have seen the soul of Bola Tinubu, and he has a good soul. He is the most demonised politician in Nigeria.

“The first time I went to his house at Bourdillon, I was looking forward to seeing a mansion comparable to Buckingham Palace, with gardens, and swimming pools.

”But there was nothing special about that house. My house in Maiduguri is better than the house in Bourdillon,” Shettima said.

The vice-president assured Nigerians that in the coming months, the country would witness a positive change in the economy and fortunes of the nation.

Shettima urged governments at all levels to focus on policies that empower those at the forefront of implementing initiatives that inspire interest in education.

“Tinubu’s decision to establish the Students’ Loan Scheme in the country was to secure the future of Nigerian children.

” The initiative ensures that every student has access to loans to pay their tuition, and the Nigeria Education Loan Fund (NELFUND) has already recorded an overwhelming number of applications.

“This is a landmark achievement, signalling the bright future we are building for our youth.

” Beyond making education universally free, our experience shows that incentivising is the most practical gateway before us.

”This is why all of us, across all levels and branches of government, must join this campaign to educate the nation”.

Shettima said the realities inherited by the Tinubu administration demanded urgent action to ensure that education was not only accessible but also desirable for every Nigerian child.

“Many primary and secondary school-age children are still not attending or completing their education, and a large portion of the youth population lacks basic literacy skills, with notable gender disparities.

” This is what we must overcome,” he added.

Shettima commended Adelabu for providing answers to some of the most pressing challenges confronting policymakers.

According to him, the book will inspire informed conversations around the state and future of education in Nigeria.

He said, “As both a theorist and a practitioner in our education sector, Prof. Adelabu’s insights are borne out of experience and passion.

”I believe this book will serve as a critical resource for all who seek to improve our educational landscape.”

Earlier, Gov. Biodun Oyebanji of Ekiti, praised the author for her contributions to Nigerian educational development and society.

He said that, “Prof. Adelabu’s life is a testament to the abiding faith of God in our lives.

”Her quest for excellence and service to humanity is a reflection of her academic excellence and intellectualism.”

Also, the book reviewer, Prof. Siyan Oyeweso, Department of History and International Studies, Osun University also lauded Adelabu’s work.

” The author has singled out the politics and financing of education in this book.

”It’s impossible to separate politics, education, and finance, as the major stakeholders, are political players.”

The author emphasised the need for a comprehensive re-evaluation of the education system.

Adelabu said, “We need to reevaluate our education system to meet the needs of our country and prepare our children for both domestic and global environments.’

She called for a focus on not just academic subjects, but also values like democracy, justice, and good governance.

Discussants of the book, including former Minister of Sports and Youth Development, Bolaji Abdullahi, highlighted the need to distinguish between school attendance and quality education.

He said, “We’re spending more money on education than ever before. However, we need to make a distinction between going to school and getting an education.”

The don also called for a review of the Universal Basic Education Commission law and pondered on the capacity of local governments to handle complex educational reforms.

Former First Lady of Ekiti, Erelu Bisi Fayemi, drew attention to the persistent challenges in girl-child education.

According to her, Nigeria has about 18.3 million out-of-school children, the highest in the world, with 50-60 per cent being girls.

She proposed implementing gender-specific education policies and removing obstacles to girls’ education, such as insecurity and conflict. (NAN) (wwww.nannews.ng)

Edited by Bashir Rabe Mani

Shettima lauds MTN for donations to FG

Shettima lauds MTN for donations to FG

By Salisu Sani-Idris

Vice-President Kashim Shettima has commended MTN Nigeria for donating N1 billion to the Federal Government’s Food Support Programme.

Shettima also thanked the telecommunications company for donating 4,600 units of digital devices for distribution to schools.

The Vice-President made the commendation on Friday when he received the Chairman of MTN Nigeria, Mr Ernest Ndukwe, at the Presidential Villa, Abuja.

He said the gesture would complement government’s efforts in addressing hardship and indicated its commitment to the development of the Nigerian economy.

“I am hugely proud of your (MTN’s) stability as a company and commitment to the progress of our country.

“We have witnessed a couple of changes in the industry, but you have remained stable and strong.

” On behalf of my boss, President Bola Ahmed Tinubu, I want to sincerely thank you for this gesture.”

The Vice-President said the donation by the company would be judiciously managed by the Federal Ministry of Industry, Trade and Investment and the Office of the National Security Adviser (ONSA).

On the distribution of 4,600 digital devices, each pre-installed with the U-lesson application, Shettima said the MTN team should liaise with his office to work on the beneficiary criteria.

He also explained that the MTN team and the Office of the Vice-President would facilitate the distribution of the devices to secondary schools in the six geo-political zones.

He expressed confidence that the gesture would go a long way in supporting the government’s efforts to boost the nation’s economy.

According to him, this includes support for the educational needs of the poor and vulnerable.

Shettima, therefore, called on other companies in the country to emulate MTN in the area of Corporate Social Responsibility.

He assured the business community that Tinubu’s administration remained pro-business and its policies would begin to manifest for all to see.

Earlier, Ndukwe said the N1 billion donation was to support the most vulnerable, marginalised, and underserved communities.

This, according to him, will ensure that no one is left behind through increased collaboration and partnership with the Federal Government.

He expressed hope that the devices donated by the company would support the Federal Government’s objective to increase digital literacy in secondary schools.

He added that the devices would improve creativity, analytical thinking, adaptability, and students’ access to current information in science and technology.

He commended the Federal Government for its efforts to revive the economic fortunes of the country through various initiatives rolled out across Ministries, Departments and Agencies (MDAs) of government.

He pledged the company’s support to the present administration, noting that the gesture was in line with MTN Nigeria’s shared value objectives of “the AMBITION 2025 strategy.’

“In the strategy, MTN seeks to support strategic initiatives of the Federal Government.” (NAN)

Edited by Deji Abdulwahab

Tinubu determined to address youths’ problems – Shettima

Tinubu determined to address youths’ problems – Shettima

By Salisu Sani-Idris

Vice-President Kashim Shettima on Friday reiterated President Bola Tinubu’s determination to address, support and empower more Nigerian youths to excel in their careers.

Shettima said this when he received the leadership of the All Progressives Congress (APC) youth wing in Abuja.

The wing was led by the party’s National Youth Leader, Mr Dayo Israel, during the visit.

He said Tinubu holds Nigerian youths in high esteem, adding that his commitment was evident in his appointments and the administration’s policies and initiatives.

Shettima said some of the initiatives are the Youth Investment Fund, Investment in Digital and Creative Enterprises (iDICE) programme, and the National Youth Development Bank.

He added that apart from addressing genuine concerns affecting the youths, the administration’s focus on young persons was premised on the trust and confidence Tinubu has in them.

He explained that “the youths are the lifeblood of any nation and Mr President acknowledges this fact.

“I want to assure you that President Bola Tinubu has the best interest of the youths at heart.

“Tinubu has demonstrated this in most of the programmes that this administration is doing and has undertaken to do.”

The vice-president further expressed confidence in the ability of the present administration to address all concerns raised across different quarters.

He appealed for more time for the government’s plans and programmes to begin to manifest and commended the leadership of the APC youth wing for the commitment and patience.

Shettima gave the assurance that all the group’s requests would be addressed in due course.

Earlier, the APC National Youth Leader had thanked the vice-president “for the love and commitment to the affairs of young people in the country.”

He informed Shettima of the body’s programmes aimed at engaging youths in the country, regardless of their socio-political backgrounds.

According to him, the APC Youth Wing has developed a four-year strategic plan to help young Nigerians to understand and overcome challenges.

The plan, he said, would also help the younger generation to harness opportunities across diverse fields within and outside the country.

He listed the Enterprise-Skills Development Training (EDET) Programme, Workplace Readiness and Employability Skills Training Programme (WREST-P), among others, as some of the initiatives to engage youths across the country.

Israel also requested the presence of the vice-president at the forthcoming Progressive Youth Leadership Summit with the theme “Shaping the Future We Want: Restiveness, Inclusion, Development, Action.” (NAN)(www.nannews.ng)

Edited by Hadiza Mohammed-Aliyu

Tinubu commits to modernising agriculture, livestock industry

Tinubu commits to modernising agriculture, livestock industry

By Salisu Sani-Idris

President Bola Tinubu on Saturday reaffirmed the Federal Government’s commitment to modernising the agricultural sector and livestock industry.

Tinubu, represented by the Vice-President Kashim Shettima gave the assurance at the launch of the Yobe Agricultural Empowerment Programme in Damaturu.

The News Agency of Nigeria (NAN) reports that the initiative, which includes the provision of agricultural machinery and implements, is part of a broader national strategy to revolutionise Nigeria’s agricultural sector.

The president said the programme was at the heart of his administration’s ongoing efforts to enhance food security, create jobs, and diversify Nigeria’s economy through agriculture.

Tinubu stressed the critical role of agriculture in national development and security, saying, “food is the heart of security in every society.

“It is the foundation upon which we build our health, our well-being, and our economic stability.

“There’s no way we are going to achieve our grand goals as a government, whether at the state or national level, until we support and empower our farmers,” he added.

Tinubu added that apart from boosting agricultural outputs, the initiative also aims to engage more Nigerians in the nation’s economic life.

He said the recently approved Ministry of Livestock Development intends to improve livestock production, change the destiny and narratives of the nation’s livestock production.

“Each of us in this gathering must come to terms with the fact that the era of relying on rain-fed agriculture is gone. These machines are here to ease our practice of irrigation farming.”

He announced the approval of the Yobe’s request for additional resources to support its agricultural ambitions.

”These include mini-rigs for tube wells, solar water pumps, agro-chemicals, power tillers, more fertilisers, and other farm implements to complement your irrigation scheme,” the president promised.

Tinubu assured the audience that the government was taking drastic measures to address security challenges to make farmlands safe and accessible in every state of the federation.

He commended Gov. Mai Mala Buni of Yobe’s achievements, particularly in agricultural investments, emphasising the potential for agricultural mechanisation in the state.

Earlier, Buni reaffirmed the state’s sustained support for the Tinubu’s administration, acknowledging the challenges faced by Yobe, particularly in the agricultural sector.

He said, “In spite of all the challenges, agriculture remains the major preoccupation of our people.

”With the improvement in security across the state, farmlands are now accessible in almost all the local government areas.”

Buni listed several government initiatives to revitalise agriculture, including the conduct of an agricultural summit.

Others were the constitution of a steering committee on the revitalisation of agriculture and partnerships with organisations like the Bill and Melinda Gates Foundation.

He added that the state government, in collaboration with the Federal Government, had established Livestock Development Centres to address farmer-herdsmen clashes, boost meat and dairy production.

Buni also disclosed the revival of the 2,000-hectare Lava Irrigation Scheme and the establishment of four Sesame Seeds processing factories across the state.

He said that: “This state visit is no doubt a significant milestone as we launch the agricultural empowerment programme.

” The items distributed include 100 Zoom Lion Tractors, 10 IMC Double Cabin 4-wheel drive vehicles for extension service supervision and 200 motorcycles for extension workers.

” Others are 300 sets of ox-drawn ploughs, 5,349 small ruminants (goats), 1,349 hand-push planters and 889 hand-push plough machines.

”The rest were 590 hand-push tiller machines, 4,202 solar-powered irrigation water pumps, improved assorted seeds, and 72,000 bags of fertilizer.”

Also, the Emir of Damaturu, Shehu Umar-El-Kanemi, thanked Tinubu for his tremendous support to progress and development of the state.

The royal father also appreciated the achievements so far recorded by Tinubu’s administration and its plans to move the country forward for the benefits of all Nigerians.

He said: ” To us today is a day of pride, a day of joy and a blessing to us to have His Excellency, the Vice-President Shettima representing His Excellency, President Bola Tinubu to launch agriculture in empowerment programme Yobe.

” And interestingly enough, Vice- President Shettima is an expert on agriculture and also the son of the soil.”(NAN) (www.nannews.ng)

Edited by Bashir Rabe Mani

Shettima seeks urgent innovation on Nigeria’s economic, financial inclusion

Shettima seeks urgent innovation on Nigeria’s economic, financial inclusion

By Salisu Sani-Idris

Vice-President Kashim Shettima on Thursday emphasised the urgent need for financial innovation to drive Nigeria’s economic and financial inclusion agenda.

According to Shettima, this is in line with the commitment of the President Bola Tinubu’s administration to bringing over 30 million unbanked Nigerians into the formal financial sector.

The vice-president made the call via a video high-level policy dialogue between the Nigerian government and private sector stakeholders held in Washington DC, the United States capital.

The dialogue brought together government officials, regulators, law enforcement agencies, and fintech industry leaders at the George Washington University.

It aims to leverage innovative approaches to drive a sustainable and inclusive financial system in Nigeria.

The dialogue also focused on addressing critical challenges in Nigeria’s fintech ecosystem, including regulatory oversight, security concerns, and trust issues that have hindered the widespread adoption of innovative financial solutions.

Participants explored strategies to enhance interagency collaboration and strengthen the overall effectiveness of the financial services sector.

The vice-president highlighted Tinubu’s commitment to bringing over 30 million unbanked Nigerians into the formal financial sector in line with the administration’s Renewed Hope Agenda.

“We must develop a sustainable collaboration approach that will facilitate the adoption of inclusive payment to achieve our objective of economic and financial inclusion,” he said.

Earlier, the Deputy Chief of Staff to the President, Sen. Ibrahim Hadejia, sad the Office of the vice president gave priority to economic and financial inclusion.

Hadejia said it was expected that each agency of government would continue to play their statutory role collaboratively to achieve the set objective.

Also, Philip Ikeazor, Deputy Governor of the Central Bank of Nigeria in charge of Financial System Stability, stressed the need for ongoing collaboration among all players to achieve the objectives of the Aso Accord on Economic and Financial Inclusion.

The Director-General, National Information Technology Development Agency (NITDA), Kashifu Abdullahi, proposed “a Digital-first approach and the need to fuse Digital Literacy with Financial literacy as a means to address trust issues affecting the inclusive payment ecosystem.”

The General Manager, Moniepoint, Tosin Eniolorunda, said that addressing trust issues that have slowed down the adoption of innovative Fintech solutions for economic and financial inclusion could be addressed through public-private collaborations.

Dr Nurudeen Zauro, the Technical Advisor to the President on Economic and Financial Inclusion, explained the gathering would eventually evolve into a mechanism that would provide relevant information to the Office of the vice-president.

This, according to him, will facilitate effective decision-making for economic and financial inclusion.

The high-level engagement resulted in various recommendations covering rules, infrastructure, and coordination, with a focus on implementable actions and clear accountabilities.

Other speakers at the event included Inspector-General of Police, Mr Kayode Egbetokun; and the Executive Director of the Center for Curriculum Development and Learning (CCDL) at George Washington University, Prof. Pape Cisse.

Others are the assistant Vice-President at Merrill Lynch Wealth Management, Mr Reginald Emordi; Regional Director for Africa at the Center for International Private Enterprise (CIPE), Mr Lars Benson, among others. (NAN)(www.nannews.ng)

Edited by Rabiu Sani-Ali

Tinubu gives condition for mining licenses

Tinubu gives condition for mining licenses

By Salisu Sani-Idris

President Bola Tinubu has instructed the Federal Ministry of Solid Minerals Development to only issue mining licenses if they are tied to local value addition.

Tinubu gave the directive on Wednesday during the inauguration of the 2024 African Natural Resources & Energy Investment Summit, held in Abuja.

The News Agency of Nigeria (NAN) reports that Tinubu was represented at the event by the Vice-President Kashim Shettima.

He said the directive would ensure that young Nigerians are actively engaged in economic activities, acquiring skills and contributing to the overall development of the economy.

The president said his administration was fully committed to creating an enabling business environment to attract investment that encouraged ‘value addition’ on solid minerals before export.

“We recognise the losses incurred from exporting crude mineral commodities and understand that it is time to change this narrative.

“By doing so, we aim to ensure that our teeming youth are actively engaged in economic activities, acquiring skills, and contributing to the nation’s foreign exchange earnings.

“Therefore, the ministry will only issue mining licenses if they are tied to local value addition,” the president said.

President Tinubu said that his administration’s target in the solid minerals sector was to make Nigeria a leader in critical metals.

He commended stakeholders for the establishment of the African Minerals Strategy Group with Nigeria as the first chairman of the initiative.

“We aim to set new standards in the mining industry and ensure that Africa gets an equitable slice of supplying the world with critical metals.

“In our transition to cleaner and more sustainable energy systems, we also recognise the pivotal role that natural gas plays.

“Natural gas is a transition fuel that will fundamentally restructure our nation’s economy,” he added.

Earlier, the Minister of Solid Minerals Development, Dr Dele Alake, announced the government’s strategy under the Renewed Hope Agenda, to position Nigeria as a major player in the global minerals market.

“We are committed to transforming Nigeria’s solid mineral sector into a cornerstone for our nation’s economic diversification,” he said. (NAN) (www.nannews.ng)

Edited by Abiemwense Moru

Nigeria attracts bn investment in renewable energy sector – Tinubu

Nigeria attracts $2bn investment in renewable energy sector – Tinubu

By Salisu Sani-Idris

President Bola Tinubu has said that Nigeria attracted over $2 billion investment in the renewable energy sector, making it a fast-growing sector in the economy.

Tinubu stated this on Wednesday during the inauguration of the 2024 African Natural Resources & Energy Investment Summit, held at the State House Conference Centre, Abuja.

Represented by the Vice-President Kashim Shettima, Tinubu reiterated the commitment of his administration to continue to attract more private sector involvement in the renewable energy space.

He said that: “In leveraging opportunities in the renewable energy space, Nigeria has attracted over $2 billion in investment in the renewable energy sector, making it a fast-growing sector in the economy.

”Our commitment is to continue this trajectory and attract more private sector involvement in the renewable energy space, including manufacturing locally produced solar panels and batteries.”

He, however, emphasised that discussions on the energy transition must also include the significance of the petroleum industry as a cornerstone of the nation’s economy.

“While we strive to embrace renewable and cleaner energy sources, we acknowledge that oil and gas continue to play a vital role in our energy and economic landscape,” he stated.

He highlighted strategic priorities in the sector to include the goal to attract more investment in the oil and gas industry; grow oil production to 2.1 million barrels per day by December 2024.

”This is with a view to improving investment in midstream and downstream infrastructure; tackle theft; and hold developers accountable for the highest environmental standards,” the president said.

Tinubu further restated the administration’s commitment to manage resources responsibly, minimising their ecological footprint and maximising their benefits for the nation.

Earlier, the Minister of Solid Minerals Development, Dr Dele Alake said the government was implementing some reforms to create a more attractive environment for investors with a focus on enhancing transparency, regulatory clarity and investor confidence.

Accircing to Alake, the plan encompasses several key areas including policy reforms, sustainable practices, infrastructure development, and human capital enhancement.

”These initiatives are designed to address longstanding challenges in the sector and unlock the full potential of Nigeria’s vast mineral resources.

”This summit represents a significant milestone in our collective journey toward addressing Africa’s vast natural resources and sustainable economic development,” he said.

Dignitaries at the summit included Sen. Mohammed Sani (APC – Niger East), the Minister of State for Environment, Dr Ishaq Salako; Minister of State for Steel Development, Mr Uba Ahmadu, and Permanent Secretary in the Ministry of Solid Minerals Development, Dr Mary Ogbe. (NAN) (www.nannews.ng)

Edited by Bashir Rabe Mani

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