News Agency of Nigeria
U.S. donates .5m support to WFP for food, nutrition in Nigeria

U.S. donates $32.5m support to WFP for food, nutrition in Nigeria

By Mark Longyen

The United States (U.S.) Government says it has provided the World Food Programme (WFP) with the sum of 32.5 million dollars to support its food and nutrition programme in Nigeria.

This is contained in a statement issued by Aishah Gambari of the U.S. Embassy in Abuja, on Wednesday.

It explained that the donation was aimed at ensuring the provision of food and nutrition assistance to help save lives in the country.

“The World Food Programme Nigeria, with U.S. Government’s contribution of 32.5 million dollars, will provide food assistance and nutrition support to internally displaced persons across conflict-affected areas.

“With the U.S. Government’s donation, the World Food Programme Nigeria will provide food and nutrition assistance to 764,205 beneficiaries across Northeast and Northwest Nigeria.

“This includes complementary nutrition top-ups for 41,569 pregnant and breastfeeding women and girls, and 43,235 children through electronic food vouchers,” the statement said.

The News Agency of Nigeria (NAN) reports that WFP, which is funded entirely by voluntary donations from governments, corporations, and private individuals, is the world’s largest humanitarian organisation.

The U.S. is, by far, the largest single donor to the WFP, as it consistently provides a significant portion of its funding each year, contributing more than 2.9 billion dollars in 2023 alone.

As the United Nations’ food-assistance branch, WFP works in more than 120 countries, providing emergency food relief to people in need and building long-term food security and stability to save lives in emergencies.

It also helps communities to rebuild their lives and livelihoods after a crisis, including nutrition projects, especially for mothers and children, school feeding programmes, and building resilience to climate-related shocks.

In 2020, WFP won the Nobel Peace Prize for combating hunger, contribution to peace, and being a driving force to prevent the use of hunger as a weapon of war and conflict.(NAN)

Edited by Abiemwense Moru

Nigeria should anchor AI on governance, leadership — experts

Nigeria should anchor AI on governance, leadership — experts

By Rukayat Moisemhe

Governance and technology stakeholders have urged Nigeria to anchor its Artificial Intelligence (AI) adoption on governance and quality enterprise leadership to compete as a major player in the AI-driven global economy.

They made the call on Tuesday in Lagos at the Centre for Enterprise Governance (CEG) Third Biennial Corporate Governance and Enterprise Development 2025 Conference.

The event had the theme: ” Redefining Enterprise Leadership in a Changing Nigeria: Artificial Intelligence, Protectionism and Governance in Focus”.

The Founder of CEG, Mr Adeyinka Hassan, said that  78 per cent of companies worldwide had already adopted AI, with nearly half of the figure using it to harness big data.

Hassan said the challenge lied in the fact that while the world was moving at a high speed,  Africa was not.

He said that further delay would cause a digital divide and result in economic gulf.

“This conference is a call to leadership and a call to action, as leadership today is not about titles but about adaptive intelligence – the courage to embrace technology without losing our humanity.

“The choices we make now will decide whether we remain spectators in the AI-driven global economy or rise as architects of Africa’s prosperity,” he said.

Mr Olatokunbo Talabi, Secretary to Ogun State Government,  said that effective governance remained the bedrock for enterprise development.

He said that no matter the power of AI or the trends in global trade, without a transparent, accountable and responsive governance, enterprise leadership would not thrive.

Talabi stressed the need to strengthen institutions, promote regulatory clarity, and embrace ethics.

“Enterprise leadership is becoming a demand in Nigeria,  and the role of collaboration in this is really what I want to expressly talk about.

“I tell you that Ogun State Government is ready and willing to work with people that can take us into the next level,” he said.

Mr Kashifu Abdullahi, Director-General, National Information Technology Development Agency, said the Federal Government had a data governance structure in place –  the data protection regulation.

He said that Nigeria was working to create laws and regulations to help to build its hyperscale data centre and position the country as a hub for data centre and AI infrastructure in Africa.

He, however, said there was the need to build digital technology sovereignty to enhance data control and minimise data breaches.

“We work with the big techs and startups to design and govern AI and other emerging technologies because we don’t want it to be like when social media started and people were saying social media was an ungoverned space.

“Already, we have done about three stakeholder engagement on it to help to make sure that whatever is illegal offline, is also illegal online.

“This is something we need to work together with you all, the private sector, the academia, the startups, because there are things you can do and government cannot do, and there are things government can do, you cannot do,” he said.

Prof. Bolanle Oladejo, Head, Department of Computer Science and Artificial Intelligence, University of Ibadan, said that AI adoption was on the rise and transforming various sectors and driving innovation across Nigeria.

She said in the next decade, successful Nigerian enterprise leadership would be shaped by those who could navigate complexity and create value across multiple dimensions simultaneously.

Oladejo recommended development of a comprehensive Al regulatory framework, provision of tax relief and innovation grants to address cost barriers, and establishment of oversight mechanisms for ethical AI.

“Looking forward, I envision a Nigeria where Al-powered enterprises lead Africa, potentially unlocking up to $100 billion in annual economic value from generative Al alone, with Nigeria’s Al market growing to $434.4 million by 2026.

“The quality of enterprise leadership in this transformational moment would determine whether Nigeria emerges as a major economic power in the Al-driven global economy or remains trapped in cycles of unrealised potential,” she said.

Mrs Olayemi Keri, Independent Non Executive Director, First City Monument Bank, said that Al would not guarantee success or failure.

She said that its outcomes would depend on how well organisations would prepare and integrate it.

Keri said that companies that would tie Al directly to business imperatives and invest in strong data governance would see returns.

“For Nigeria, this means Al adoption should not be about chasing global trends but about building wisely step-by-step, investing in infrastructure, governance and context-specific applications that solve real problems.

“Decisions about AI adoption are moral as much as they are technical, and this is why we must ground Al adoption in governance principles of fairness and ethics,” she said.(NAN)

Edited by Ijeoma Popoola

Eid-ul-Mawlid: FG declares Friday public holiday

Eid-ul-Mawlid: FG declares Friday public holiday

By Kelechi Ogunleye

The Federal Government has declared Friday a public holiday to mark the 2025 Eid-ul-Mawlid, commemorating the birth of the Holy Prophet Muhammad (Peace Be Upon Him).

The Minister of Interior, Dr Olubunmi Tunji-Ojo, made the declaration on behalf of the Federal Government in a statement on Wednesday in Abuja, signed by the Permanent Secretary of the ministry, Dr Magdalene Ajani.

Tunji-Ojo congratulated the Muslim Ummah in Nigeria and across the world on the occasion.

He urged them to reflect on the virtues of peace, love, humility, tolerance and compassion as exemplified by the Holy Prophet Muhammad (PBUH).

According to him, these values remain essential in building a united, prosperous and progressive nation.

The minister further called on Nigerians, irrespective of religious affiliation, to use the occasion to pray for peace, security and stability of the country.

He also urged citizens to support the Federal Government’s efforts in fostering national harmony and sustainable development.

“The celebration of Eid-ul-Mawlid offers us yet another opportunity to strengthen the bonds of brotherhood, promote peaceful coexistence, and imbibe the Prophet’s teachings of mutual respect and selfless service to humanity,” he said.

Tunji-Ojo enjoined citizens to remain law-abiding, security conscious and supportive of government policies aimed at ensuring the collective well-being of all.

The minister wished all Muslims a joyous and peaceful Eid-ul-Mawlid celebration. (NAN)

Edited by Deborah Coker

Malami’s media consultant condemns kebbi convoy attack, calls for probe

Malami’s media consultant condemns kebbi convoy attack, calls for probe

By Victor Okoye

Lily Grace, media consultant to former Attorney-General of the Federation, Abubakar Malami, SAN, on Wednesday condemned the attack on his convoy in Birnin Kebbi and urged a thorough investigation.

The incident occurred on Monday evening shortly after Malami paid a condolence visit to the Emir of Gwandu.

According to Grace, the attack took place near Malami’s private residence, leaving more than 25 people injured, including at least five with serious wounds.

Several vehicles in the convoy were vandalised, while bystanders and supporters reportedly suffered emotional trauma.

In a statement issued on Wednesday, Grace called the ambush “a brazen assault on peace, democracy, and the constitutional right of every citizen to move freely without fear or intimidation.”

“These cowardly acts will neither silence our voices nor weaken our resolve in the pursuit of justice, truth, and democratic accountability,” she said.

She noted that the incident was the second reported attack on Malami or his family since his resignation from the APC on July 2, after which he joined the African Democratic Congress (ADC).

She stressed that Malami remained committed to serving the people of Kebbi State and Nigeria with integrity, humility, and dedication.

“H.E. Malami condemns in the strongest terms all forms of political violence, thuggery, and intimidation.

“He has always stood firmly for peace, the rule of law, and respect for democratic processes.

“Violence has no place in our democracy, and such actions only undermine the unity and stability of our nation.

“He remains committed to serving the people of Kebbi State and Nigeria with integrity, humility, and dedication.

“He is a peaceful and law-abiding leader who will continue to serve Kebbi with unwavering commitment.”

Grace urged President Bola Tinubu and national security agencies to thoroughly investigate the incident and bring those responsible to justice.

She also appealed to Malami’s supporters and well-wishers to remain calm, law-abiding, and peaceful, stressing that the unfortunate incident would not deter his mission of promoting peace, unity, and sustainable development.

Meanwhile, the Kebbi Police Command confirmed that investigations into the attack are ongoing.

Commissioner of Police, Bello Sani, said no arrest had been made as of Tuesday, but disclosed that an emergency security meeting had been convened by the state governor.

“We have commenced investigation into the attack, and no arrest has been made yet. The governor convened this meeting to review security developments,” he told reporters in Birnin Kebbi.

Sani added that the violence took place in the GRA area and involved political party members allegedly breaching Independent National Electoral Commission (INEC) campaign regulations.

He said party leaders would be summoned and cautioned to avoid further violations, stressing that security agencies were working to prevent escalation ahead of the 2025 elections.

Malami served as Attorney-General of the Federation from 2015 to 2023 under the administration of the late President Muhammadu Buhari. (NAN)

Edited by Tosin Kolade

Opportunities, hurdles in conducting all elections same day

Opportunities, hurdles in conducting all elections same day

By Emmanuel Oloniruha, News Agency of Nigeria (NAN)

The quest for further reforms of the Electoral Act is gaining momentum as Nigeria prepares for the 2027 general elections.

At the centre of these conversations is a bill before the National Assembly proposing that all major elections– presidential, governorship, National Assembly and State Houses of Assembly be held on the same day.

The bill, sponsored by Sen. Abdulaziz Yar’adua, seeks to amend the Electoral Act 2022.

It also proposes early voting for Nigerians on essential duty, such as electoral officials, security personnel, accredited observers, and journalists, so that they can cast their ballots before the official election date.

While some stakeholders hail it as a bold reform that can save costs, improve logistics, boost turnout and align Nigeria with international best practices, others warn that the country’s fragile infrastructure and logistical complexities make the idea impractical.

Concerns were also expressed about the capability of the Independent National Electoral Commission (INEC) to handle the responsibility and the political will to properly fund the commission to implement such reform effectively.

“Why can’t we just vote once and be done with it?” Amuda John, a businessman in Abuja, asked.

Many Nigerians also share his view wondering why they have to close their shops/offices or abandon their daily routines twice in every election cycle in order to cast their votes.

The Inter-Party Advisory Council (IPAC), one of the strongest voices in favour of the reform, argues that the current staggered system is not cost-effective, citing the repeated shutdown of economic activities on election days.

“A one-day election simplifies the process by reducing repeated transportation and storage of sensitive materials.

“It also reduces the risks of logistical failures, delays, and potential mishandling of electoral materials,” IPAC stated.

Former lawmaker, Chief Sam Onuigbo, also agreed that conducting all elections in one day saves time and cost.

“It is probably going to guarantee a higher level of transparency,’’ he said.

Onuigbo also stressed that early voting for essential workers such as security personnel, journalists, and election officials was crucial.

The Executive Director of Yiaga Africa, Samson Itodo, said that Nigeria had attained the height and the status of being able to conduct elections in one day.

“Having elections in one day is very possible; all we just need is to ensure that all the required logistics to make it happen are put in place.

“Many countries, including the U.S. and Brazil—with larger voting populations compared to Nigeria—still hold their elections in one day.

“If the U.S. and Brazil can do it, Nigeria can.”

The electoral reform campaigner expressed confidence that the Independent National Electoral Commission (INEC) had the capacity to conduct the elections in one day.

Itodo said what the commission needed to do was to build its capacity, and not to pull back.

“If polling units have five officials, you increase them to seven; if sorting and counting of result takes longer, you extend the time.’’

Itodo, however, dismissed the arguments that low literacy levels could lead to voter confusion, saying making such comparisons was unfair to Nigerian voters.

“These are the same people we have seen in previous elections, where they will vote one party for the State House of Assembly member, and another party for president.

“We have seen all these variants in the way people cast their votes; it tells you the level of their political consciousness.

“It is the same thumb print that they are doing; it is just that they will have two additional ballot papers; it can only be additional three if the reserve seat bill is passed,’’ he said

A public affairs analyst, Mr Jide Ojo, also believes Nigeria can successfully implement one-day elections, citing international practices.

“I have observed elections in Ghana, Uganda, the U.S. and Egypt.

“In the U.S., elections take place for 12 hours in a day; they do not only elect the president, but also governors, senators, congressmen, even judges and board members.

“In Kenya’s 2022 general elections, six different elections were conducted on the same day.

“If Kenya can, why not Nigeria? You cannot tell me that Kenya is more prosperous than Nigeria.”

Ojo said Nigeria had a precedent where INEC conducted presidential, senatorial, House of Representatives, and Area Council elections all in one day.

“If it happened then, why can’t it happen again? All it requires is adding two more ballot boxes and deploying slightly more resources.”

The development consultant also argued that the fear of overstretching security agencies is misplaced, saying it is the same number of security personnel that is required to manage either involving three or five ballots on the same day.

“What you need is better planning, not doubling of resources.”

Ojo said that INEC could energies the political parties as well as collaborate with National Orientation Agency, Ministry of Information, CSOs and the media to conduct robust voter education ahead of elections.

However, an INEC official, who spoke on condition of anonymity, said that the question was not really about the capacity of the commission to conduct all elections in one day, but the practicability of the proposal and what it intended to achieve.

“What is wrong with the current method? Will conducting all elections same day guarantee credibility? Will it produce a different outcome from what we are having now?

“What is the practicality of it? Did the lawmakers seek INEC’s opinion before embarking on this move?” the official queried.

The official argued that there were reasons INEC currently holds general elections in two parts, with the presidential and national assembly coming first and the governorship and house of assembly following.

“Even as things stand now, the commission is still finding it challenging to deal with the logistics aspect.

“Remember, for the presidential and national assembly elections, voting takes place simultaneously between 8.30 a.m. and 2.30 p.m. in over 176,000 polling units across 36 states and the Federal Capital Territory,’’ he said.

According to him, after voting comes sorting, counting, collation at ward, local government and state levels, then onward movement of results by state returning official physically to the Chief electoral commissioner at the National Collation Centre.

The INEC official said that adding the burden of other elections to the first part (Presidential and National Assembly) might truncate the process.

According to the official, since the constitution gives INEC the exclusive power to determine the date of an election, the lawmakers should not try to erode the power.

Executive Director of the Peering Advocacy and Advancement Centre in Africa (PAACA), Ezenwa Nwagwu, described the idea as an “elite conversation” disconnected from Nigeria’s grassroots realities.

He said that those who lived in urban cities such as Abuja, Lagos Port Harcourt and others might not understand the challenges involved.

“Conducting elections in Nigeria with more than 94 million registered voters is like conducting elections in nearly all of West Africa.

“Sometimes, election materials and officials have to be transported by car, then by bike, sometimes even by camel; those who live in Abuja, Lagos or Port Harcourt think Nigeria ends there.’’

Nwagwu said there were parts of Nigeria where you could travel for seven hours and still be within the same state.

“There are also places where election materials must be transported by air.’’

He cautioned against raising concerns on cost as the proposed model also came with additional costs, including the additional ballot boxes and logistics which would inflate INEC’s budget.

“When the commission presents the figures, the same critics will complain that the budget is in billions.

“It is not about whether voters can handle five ballots; it is about whether the system can manage the cumbersome administration of it all,” he said.

As the debate continues on whether to embrace one-day elections, or to retain the staggered model, what remains certain is that the credibility of Nigeria’s elections depends not just on when they are held, but on how well they are managed. (NANFeatures)

FG opens systems house for ozone-friendly polyurethane production

FG opens systems house for ozone-friendly polyurethane production

By Mercy Omoike

The Federal Ministry of Environment has inaugurated a Systems House at Vitapur Plc to optimise the use of ozone- and climate-friendly polyurethane systems.

The facility was inaugurated on Tuesday in Lagos, with support from the United Nations Development Programme (UNDP).

The News Agency of Nigeria (NAN) reports that the initiative aligns with the implementation of the Montreal Protocol’s Hydrochlorofluorocarbons (HCFCs) Phase-out Management Plan (HPMP), which targets the elimination of HCFCs by Jan. 1, 2030.

HCFCs are substances with high ozone-depleting potential, commonly used in refrigeration, air-conditioning, and foam manufacturing.

In his keynote address, the Minister of Environment, Mallam Balarabe Lawal, reaffirmed the government’s commitment to the Montreal Protocol and President Bola Tinubu’s Renewed Hope Agenda in addressing climate change challenges.

“I am honoured to be here today to commission the System House at Vitapur Nigeria Limited, which was optimised to formulate Ozone and Climate-friendly Polyurethane Systems.

“Under Stage I of the HPMP Project, my ministry, in collaboration with UNDP, supported the upgrade of the Systems House here at Vitapur for the formulation of ozone- and climate-friendly methyl formate-based pre-blended polyol.

“This serves as an alternative to the ozone-depleting HCFC-141b-based polyols used in rigid polyurethane foam applications.

“Consequently, the Multilateral Fund of the Montreal Protocol approved the current project which we are commissioning today.

“The overarching goal is to sustainably introduce a variety of Ozone & Climate-friendly technologies into our market, thereby facilitating the phase out of Ozone Depleting HCFC-141b in the Rigid Polyurethane Foam Sector.

” I wish to also re-iterate that the current government will put in place the necessary policies and enabling legislations that will support the activities of all relevant stakeholders involved in the implementation of the various Multilateral Environmental Agreements, to which Nigeria is a treaty.

“It is worthy to note that with the completion of this project, Vitapur has completely phased out the use of Ozone Depleting HCFC-141b in its operations.

“It is interesting to note that this Vitapur Project is one of two such in Africa, the other being in South Africa.

“At this juncture, permit me to re-affirm our commitment to the Montreal Protocol and its Kigali Amendment Programme.

“I will like to use the opportunity to acknowledge and specially thank UNDP, as our Lead Implementing Agency for the Project.

“We have over the years demonstrated our excellent collaboration with UNDP in the implementation of policies and programmes aimed at promoting environmental sustainability for us and the future generations,” the minister said.

On her part, the UNDP Resident Representative, Ms Elsie Attafuah, represented by Mr Muyiwa Odele, expressed satisfaction with Nigeria’s compliance with the phase-out of ozone-depleting materials.

“Today’s commissioning is more than a celebration of an infrastructure, because for us, it also represent a powerful symbol of Nigeria’s leadership in Environmental Stewardship, industrial innovation and sustainable development.

“It also reflects the strength of partnership between government, private sector and the international community in advancing climate action and inclusive economic transformation.

“For us at UNDP, our mandate is to support national governments in acceleration of the Sustainable Development Goal. And for us, this system house is a good example of a successful partnership.

“This system house also exemplifies global environmental agreements that can be localised to deliver tangible benefits for both people and the planet,” Attafuah said.

She noted that the development was advantageous to the country in several ways.

“It also has the advantage of creating green jobs, enhancing industrial competitiveness, safeguarding both public health and the ecosystems.

“So its commission strongly aligned with Nigeria’s commitment under the MOJO protocol.

“A global agreement that has successfully over the years since inception, faced out nearly 99 per cent of those substances worldwide through our collaboration with the federal ministry of environment and the National zoning office.

“We are very proud to support Nigeria’s transition to ozone and climate friendly technologies,” the UNDP representative said.

In his remarks, the Chairman of Vitapur Plc, Mr Zakari Sada, commended the federal government for its deliberate efforts in creating an enabling environment for businesses in the foam sector.

“This commissioning exemplifies the importance of collaboration among the industry international bodies such as the UNDP and the government itself.

“This is a demonstration of how responsible government leads the way to meaningful and sustainable development to fully optimise the potential of this project.

“This is a vital project for the nation, because it serves, to ensure a pollution-free environment. And we are happy that it is only Nigeria and South Africa that have achieved this milestone.

“I would like to assure you of our commitment to the address of the objectives of this project.

“We have established an integrated management system which has been certified by some organisations in Nigeria.

“We will continue to comply with applicable laws around quality health and protection of our environment,” Sada said. (NAN)

Edited by Kevin Okunzuwa

Shea export ban to boost local supply – Bello

Shea export ban to boost local supply – Bello

By Vivian Emoni

The Managing Director of the Nigerian Export-Import Bank (NEXIM), Abba Bello, has commended the Federal Government’s recent six-month ban on shea nut exports.

He described the move as a strategic step to support local processors and reduce production costs.

Speaking at an interactive session with All progressives Congress (APC) youth members in Abuja on Tuesday, Bello noted that although Nigeria supplied 40–60 per cent of global shea, it had no industrial processing plants until 2018.

“When we came on board in 2018, not one industrial plant was processing shea in Nigeria.

“Since then, we’ve financed four, located in Ogun, Kano, and two in Niger State, all now in production,” he said.

He explained that a newly commissioned plant in Niger State had struggled to source raw shea due to competition from long-established foreign buyers who moved the product to neighbouring countries for processing.

“The export ban guarantees a stable supply chain for these plants and reduces input costs.

“I believe we’ll now have excess shea for local processing,” Bello added.

He urged the government to consider extending the suspension to one year to encourage further investment in domestic value addition.

Bello also called for a wider policy to discourage the export of raw agricultural products.

“Let’s not stop at shea. We should begin phasing out the export of unprocessed commodities across other agricultural value chains.

“This is how we keep jobs and wealth at home,” he said.

On the broader export potential of Nigeria’s non-oil economy, Bello described it as an “opportunity port” for young entrepreneurs, spanning agriculture, services, the creative sector, and solid minerals.

“We’re operating sub-optimally in all value chains today.

“Young Nigerians should invest where their passion lies. With energy and creativity, they can unlock massive export growth,” he said. (NAN)

Edited by Abiemwense Moru

DMO seeks effective debt management practices for sustainable economic devt

DMO seeks effective debt management practices for sustainable economic devt

By Kadiri Abdulrahman

The Debt Management Office (DMO) on Tuesday urged sub-national entities in Nigeria to ensure effective debt management practices to ensure sustainable economic development.

The Director-General of the DMO, Patience Oniha, gave the advice at a World Bank assisted workshop on “Borrowing Guidelines for Top Policy Makers ” in Lagos.

Oniha said the workshop was informed by the need for sub-national governments to understand that the country operated one economy, with actions of one level of government affecting the other.

She called for prudent utilisation of borrowed funds

“The other part of the story is using the money well and making sure that you can manage your debt in a sustainable manner.

“The reason why we want to work with the sub-nationals as to how to borrow is that it is not the Federal Government alone that borrows.  There are various laws on borrowing and these have to be adhered to,” she said.

She urged state governments to avoid debt distress, adding that Nigeria had gone through debt crisis in the past.

“Everything necessary must be done to avoid a repeat,” she said.

Oniha urged state governments to explore Public-Private Partnership (PPP) options for infrastructure financing, as a means of reducing their funding burdens.

“PPPs can help improve Nigeria’s economy by attracting private sector investment and expertise to develop infrastructure and deliver public services.

“This reduces the financial burden on government, accelerates project delivery, and often results in higher quality outcomes. PPPs can also create jobs, stimulate local businesses and foster innovation,” she said.

She also called for more concerted efforts towards optimising tax revenues as a means of boosting their fiscal health, thereby reducing pressure.

According to her, efficient tax collection increases government revenue without raising tax rates, ensuring that more funds are available for public investment in health, education and infrastructure.

“Improved compliance and administration reduce leakages and corruption, making the tax system fairer and more predictable.

“Together, PPPs and efficient tax collection boost economic growth, enhance public services, and support sustainable development.

“So, revenues are absolutely important. It is important to keep surviving. You must raise revenues. Those borrowings must generate something that generate these revenues,” she said.

The Lagos State Commissioner for Finance, Mr Abayomi Oluyomi, said that there was an urgent need for sub-national entities to adopt responsible debt management.

Oluyemi said, “Governments are put in place to cater for need of society, and fiscal and monetary policies should be aimed at creating comfort for the people.

“Government is about the welfare and security of the people. There is a social contract between the government and the people.

“To achieve this, revenue is never enough. Borrowing is a cornerstone of sustainable development and economic resilience. Well researched debt management policies are the foundation for borrowing,” he said.

The commissioner said that Lagos state government was committed to sustainable debt management.

He, however, said that volatility of the Naira exchange rate had significantly increased the state’s debt burden, resulting to a high debt rate.

The News Agency of Nigeria (NAN) reports that the workshop was organised to enlighten the states with legal frameworks for borrowings. (NAN)

Edited by Deji Abdulwahab

Adedokun shifts BPP e-submission take-off date to Sept. 8

Adedokun shifts BPP e-submission take-off date to Sept. 8

By Lucy Ogalue

The Bureau of Public Procurement (BPP) has postponed the commencement date for the exclusive electronic submission of requests and documents to Monday, Sept. 8, 2025.

The Director-General of BPP, Dr Adebowale Adedokun, disclosed this in a statement issued by the Bureau’s Head of Public Relations, Zira Nagga, on Tuesday in Abuja.

Adedokun said the extension followed an earlier circular issued on Aug. 4, regarding the Bureau’s move to electronic submission in line with the federal government’s e-governance agenda.

“With effect from Sept. 9, 2025, the BPP will no longer accept or process hardcopy submissions from Ministries, Departments, and Agencies (MDAs), Government-Owned Companies (GOCs), private firms, Non-Governmental Organisations (NGOs), or Civil Society Organisations (CSOs).

“All procurement-related documents must be sent electronically to submissions@bpp.gov.ng. (NAN)

Edited by Abiemwense Moru

NES, stakeholders set to boost economic growth, stability

NES, stakeholders set to boost economic growth, stability

By Vivian Emoni

The Nigerian Economic Society (NSE) and key stakeholders have reaffirmed their commitment to driving economic transformation and improving financial stability in Nigeria.

Prof. Adeola Adenikinju, President and Chairman of the NES Council, made this known during a press conference on Tuesday in Abuja to announce the society’s 66th Annual Conference.

According to Adenikinju, the NES working in collaboration with the African Development Bank and other partners, is focused on turning Nigeria’s fragile economic stability into sustainable, transformative growth.

“The message is clear: while the momentum for economic transformation is visible, it is not yet sufficient.

“We must turn our fragile economic stability into transformative economic expansion,” he said.

The conference, scheduled for Sept. 8–11, it’s themed: “Rethinking Africa’s Development: Pathways to Economic Transformation and Social Inclusion in a Changing Global Landscape.”

Adenikinju noted that the forum would challenge participants to go beyond inherited assumptions and chart a new roadmap for Africa’s economic and social prosperity.

“Africa is not short of talent, ideas, or entrepreneurial grit.

“The real challenge lies not in the absence of good policy ideas, but in implementing them to bring tangible improvements to people’s lives,” he added.

While a single conference may not solve these complex issues, Adenikinju emphasised that it could serve as a strategic platform to generate evidence-based roadmaps by bringing together policymakers, academics, and industry leaders.

He said the 66th NES Conference aimed to provide a space to discuss Nigeria’s pressing economic challenges with experts across various sectors.

Founded in 1957, the Nigerian Economic Society was established by Nigerian scholars as a unified platform for economists and allied social scientists to provide intellectual leadership in navigating economic, social, and political change. (NAN)

Edited by Abiemwense Moru

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