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Showing posts with label Nigeria. Show all posts
Showing posts with label Nigeria. Show all posts

Saturday, November 04, 2023


US Issues Urgent Travel Advisory for Nigeria: Warning to Avoid Major Hotels Amid Elevated Threats

US Issues Urgent Travel Advisory for Nigeria: Warning to Avoid Major Hotels Amid Elevated Threats

In a critical development, the United States of America has raised an alarm, issuing a stern warning to its citizens residing in or visiting Nigeria. The advisory strongly advises US citizens to steer clear of major hotels across the country due to an escalated threat level.

The urgent warning came through in an emergency information bulletin dated November 3, expressing concerns over the safety of US citizens within Nigeria.

The United States underscores the heightened security concerns surrounding major hotels located in the country's larger cities, urging its citizens to exercise utmost caution when residing or visiting these establishments. The advisory emphasizes the need to maintain a low profile, stay vigilant regarding their surroundings, and diligently review the latest travel advisory for Nigeria before checking into any hotel.

In clear and direct language, the notice states, "The US Government is aware of credible information that there is an elevated threat to major hotels in Nigeria's larger cities."

While sounding the alarm, the advisory also acknowledges the proactive efforts of Nigerian security agencies in addressing and countering this significant threat, providing a degree of reassurance.

"The Nigerian security services are working diligently to counter the threat," the advisory affirmed.

To further assist US citizens in Nigeria during these heightened security concerns, the notice thoughtfully offers the contact information for the US embassy in Abuja and the consulate in Lagos. This provision ensures that any American citizen in need of assistance can readily access the necessary support and guidance.

Monday, September 18, 2023


Tinubu's Bold Move: Meet Nigeria's New Youth Ministers, Dr. Jamila Ibrahim and Mr. Ayodele Olawande

In a strategic move aimed at galvanizing Nigeria's youth, President Bola Tinubu has unveiled his nominees for key youth-focused positions. Dr. Jamila Ibrahim and Mr. Ayodele Olawande have been selected as potential torchbearers in the Ministry of Youth, pending Senate confirmation.

Dr. Jamila Ibrahim, a 37-year-old medical doctor, brings a wealth of experience to the role. She recently held the prestigious position of President at the Progressive Young Women Forum and has previously served as the Senior Special Assistant to the Kwara State Governor on Sustainable Development Goals.

Mr. Ayodele Olawande, a dedicated community development expert and influential youth leader within the ruling All Progressives’ Congress, is set to become the Minister of State for Youth. His tenure in the Office of the Special Adviser to the President on Innovation from 2019 to 2023 demonstrates his commitment to driving innovation and progress.

This announcement follows President Tinubu's recent redeployment of Abubakar Momoh, who was initially nominated as Youth Minister, to the Ministry of Niger Delta Affairs.

As they prepare to take on their new responsibilities, President Tinubu has charged Dr. Jamila Ibrahim and Mr. Ayodele Olawande with the important task of reflecting the dynamism, innovative zeal, and unwavering productivity that characterize Nigeria's young population.

This strategic move by President Tinubu is poised to energize the nation's youth and pave the way for dynamic changes in youth-oriented policies and initiatives. Stay tuned as these dynamic leaders gear up to shape the future of Nigeria's youth.

Thursday, June 22, 2023


France's Global Financial Summit Set to Deliver on $100 Billion Climate Financing Pledge by Year End

In an effort to reconfigure global financial systems and address pressing environmental challenges, France is gearing up to host a global financial summit. According to sources within the French government, developed countries are on track to fulfill their $100 billion climate financing pledge of 2020 by the end of this year.

The primary objective of the financial summit, hosted by France, is to establish a more responsive, just, and inclusive system. This system aims to combat inequalities, facilitate the financing of climate transition and biodiversity protection, and bring the world closer to achieving the United Nations Sustainable Development Goals (SDGs).

The commitment to mobilize $100 billion annually by 2020 was made by developed countries at the COP 15 in Copenhagen back in 2009. It was decided that this funding would be derived from a diverse range of sources, including public and private, bilateral and multilateral, and alternative sources of finance. 

Furthermore, the delivery of new multilateral funding for adaptation would be facilitated through effective and efficient fund arrangements, ensuring equal representation of both developed and developing countries. This commitment was formalized at COP16 in Cancun and reiterated and extended until 2025 at COP21 in Paris.

French officials involved in organizing the upcoming summit have expressed confidence that developed countries are making significant progress towards fulfilling this pledge, with the OECD's latest analysis in 2022 indicating that $83.3 billion was mobilized by developed countries in 2020 for climate finance. 

These funds have been sourced from various channels, including bilateral and multilateral public financing, export credit, and contributions from the private sector.

The summit, commencing on Thursday, June 22, is expected to feature remarks from notable figures such as President Emmanuel Macron of France, Prime Minister Mia Mottley of Barbados, and UN Chief Antonio Guterres, who will likely comment on the progress made in fulfilling the climate financing pledge.

Meanwhile, Nigeria's President Bola Tinubu is currently in France to attend the financial summit. He will receive briefings from Nigeria's Ambassador to France, Kayode Laro, Permanent Secretary Adamu Lamuwa, and other officials regarding Nigeria's stance on the summit. 

President Tinubu is also scheduled to participate in sideline meetings with world leaders and representatives from multilateral institutions.

Tuesday, May 23, 2023


Africa's largest oil refinery commissioned in Lagos Nigeria

Nigeria's President Muhammadu Buhari on Monday commissioned an oil plant billed as Africa's largest oil refinery, after years of delays and a week before stepping down from office.

Built by Africa's richest person Aliko Dangote in the commercial hub of Lagos, the refinery should begin operations in June with the first products expected on the market by August though some analysts said it could be later.

Once at full capacity, it will have the ability to process 650,000 barrels a day, according to the company.

Buhari -- who steps down on May 29 after eight years in office -- described the project as "a notable milestone" and "a game changer for the downstream petroleum products market, not only in Nigeria but for the entire African continent."

The presidents of Ghana, Niger, Togo, Senegal and a representative of the Chadian leader were present at the commissioning.

The refinery is expected to meet Nigeria's domestic demand as well as serve global markets, Dangote said.

"Once our plant is fully commissioned... we expect that at least 40 percent of the capacity will be available for export, and this will result in significant foreign exchange entering the country," said Dangote.

For decades, Africa's most populous nation and one of the continent's largest crude producers has depended on fuel imports to meet local demand because of under-performing state-run refineries.

Nigeria swaps crude worth billions of dollars for gasoline that it then subsidises for its domestic market.

It has caused a huge drain on foreign exchange at a time of dwindling oil revenue following the coronavirus pandemic and the Russia-Ukraine war.

- Costly subsidies -

For analyst Tunde Leye, from the Lagos-based SBM Intelligence consultancy, it was "important for Buhari to inaugurate (the plant) before leaving power" but he doesn't expect the refinery to be fully operational before the end of 2024.

Amaka Anku, Eurasia Group's Africa head, was more optimistic about the timeline.

"It typically takes six to nine months to get to full operations," she told AFP, which would be "by the end of the year or next year."

She said the "significant" project would also have a beneficial impact on a range of industries that need refined crude products, from pharmaceuticals to construction.

Both analysts noted however that Dangote's refinery will not make the price of petroleum products cheaper but could present an opportunity for the government to remove costly subsidies and address revenue shortages.

"I think that this is a significant opportunity for the government to support its goal of removing subsidies," said Anku, but "there's a political decision to be made."

President-elect Bola Tinubu -- whose February victory is being contested by the opposition -- has said that he would remove subsidies once in office. He was not present at the commissioning.

The refinery could also help improve transparency in the oil sector, according to Anku.

"Dangote is a publicly listed company so it will be publishing information about how much crude it is purchasing and petroleum it is selling," she said, noting it as an improvement compared to the current situation where "we don't have a lot of transparency."

The current opaque system has fostered corruption according to analysts, and limited the government's ability to invest in key areas like education and healthcare.

The new facility, lying on 2,635 hectares (6,500 acres) of land at the Lekki Free Zone, was initially estimated to cost $9bn dollars but some $18.5bn has been spent to complete it, according to the company.

Some 1,100 kilometres (about 680 miles) of subsea pipelines have been laid to link the oil-rich Niger Delta to the complex.

The pipelines are also expected to create a corridor for the evacuation of trapped gas from offshore platforms and allow for the monetisation of the product.

Also on the massive complex is a $2 billion fertiliser plant with a three million tonnes per annum capacity.

More than 100,000 direct and indirect jobs are expected to be created through the project, the Lagos State government has said.

Additional sources 


Sunday, May 14, 2023


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Tuesday, November 15, 2022


Portugal vs Nigeria: Super Eagles camp bubbles with 20 players

20 players are now in Super Eagles’ camp in Lisbon ahead of the international friendly against Portugal.

Goalkeepers, Adebayo Adegeye and Maduka Okoye as well as Wilfred Ndidi and Moses Simon linked up with their teammates in camp on Monday night.

The remaining three players, Francis Uzoho, Cyriel Dessers and Samuel Chukwueze are expected to hit camp on 

Tuesday (today).The team had their first training session on Monday 

night.16 players took part in the exercise under the guidance of head coach, Jose Peseiro.

The Super Eagles will take on Portugal in Lisbon on Thursday.

20 Players in campAdeleye, Ekong, Ndidi, Iwobi, Onyemaechi, Akpoguma, 

Etebo, Duru, Dennis, Onuachu, Lookman, Bassey, Aribo, 

Ebuehi, Onyeka, Moffi, Awaziem, Bright, Simon, Okoye. 

Expected: Uzoho, Dessers, Chukwueze


#Portugal #Nigeria #GODloveforokwy

Monday, November 14, 2022


COP 27: Nigeria, 9 other countries sign new Africa’s sustainable commodities declaration

Ministers from 10 African countries, including Nigeria, have endorsed a new Africa Sustainable Commodities Initiative Declaration, a single set of principles for the responsible production of agricultural commodities in Africa.

The Africa Sustainable Commodities Initiative (ASCI) puts producer countries in Africa at the forefront of defining principles for the sustainable development of cocoa, rubber, palm oil, coffee and other commodities, in a way that protects livelihoods and protects natural resources, including forests.
ASCI builds and expands the principles agreed upon at COP22 in 2016 for the palm oil sector. 

The ‘Marrakesh Declaration for Sustainable Development of the Palm Oil Sector’ acknowledged the role of agricultural commodity development as a driver of deforestation while emphasising the critical role of forests and forest conservation in addressing climate change.
The signing, held at the Sharm el-Sheik resort in Egypt, was attended by ministers from signatory countries, with Minister of Environment, Mohammed Abdullahi, representing Nigeria and pledging to drive the process.

The Marrakesh Declaration has been implemented through the African Palm Oil Initiative (APOI), comprised of 10 countries in West and Central Africa: Cameroun, Central African Republic, Côte d’Ivoire, Democratic Republic of Congo, Edo State (Nigeria), Gabon, Ghana, Liberia, Republic of Congo and Sierra Leone. 

These countries account for 25 per cent of the world’s tropical forests and 75 per cent of Africa’s forests.

An initiative of the Tropical Forest Alliance, the APOI, is facilitated by Proforest, which will be supporting the Africa-led Africa Sustainable Commodities Initiative.
“From COP22 in 2016, when the Marrakesh Declaration was signed, we saw huge progress at COP26 in 2021, where every country demonstrated crucial milestones to achieve the sustainable development of palm oil,” Global and Africa Director of Proforest, Abraham Baffoe, said.

He said: “Many countries have recognised the need to work across multiple commodities, so, the launch of ASCI is an important progression, as a truly multi-stakeholder initiative, with every country engaging at the regional, national and local level throughout the process.”
At COP26 in Glasgow in 2021, signatories of the Marrakesh Declaration met to recognise and share five years of progress, with significant milestones from legal frameworks for land rights to private sector commitments on restoration and investment in smallholders to boost productivity while protecting forests.

Ministers agreed that the issues being addressed in palm oil were the same in other commodities, catalysing the transition to the Africa Sustainable Commodities Initiative, to ensure sectors are aligned to drive positive outcomes for people, nature and climate.
“We need the guardians of the forests – national governments and local communities – to own and lead solutions on the ground that integrate agricultural commodity production and local livelihoods with forest protection,” Baffoe said, adding, “embedding those rights and protection in laws and regulation will provide an enabling environment where we can continue to build capacity, readying the way for further investment and scale.”

  Governments have recognised the potential for growth in the production of palm oil, cocoa and other agricultural commodities to meet increasing global demand, and contribute to food security and better livelihoods for millions of Africans while protecting the region’s remaining rainforests.

Diversification of food production also provides resilience and improves each country’s food security. It also helps to offset the impact of climate change. The Congo Basin alone can hold 30 billion tonnes of carbon, equivalent to three years of global fuel emissions; and its forests are essential for regional climate stability.

MEANWHILE, as the official COP27 outcomes were being drafted at the weekend, ready for national ministers to arrive in Egypt this week, 200 of the world’s largest businesses, civil society groups and prominent voices on climate have reaffirmed their commitment to limit global temperature rise to 1.5ºC, also urging governments to align implementation plans with 1.5ºC. 

They made this known in a statement endorsed by Acciona, Amazon, IKEA, Microsoft, Nestlé, Unilever, Volvo Cars and Walmart, among others, and joined by ITUC, The Elders, UN Global Compact and many other non-governmental organisations, as well as prominent individuals such as co-founder, Global Optimism, Christiana Figueres, President, World Economic Forum, Børge Brenda, Mary Robinson, and Johan Rockström.

They called on governments to strengthen their commitments and plans and implement them without delay. 
“We need governments, starting with the world’s most advanced economies, to uphold their commitment to keep global temperature rise to 1.5°C and move swiftly to its delivery.   
“As climate negotiators are meeting in Sharm el-Sheikh for COP27, and global leaders gather for the G20 in Bali, the science remains unchanged: 1.5°C is a limit, not a target. We must put all our efforts to stay within this limit and avoid the worsening impacts, suffering and costs that any overshoot will bring. 

“Our commitment to the objectives of the Paris Agreement and the Glasgow Climate Pact is unwavering. Thousands of companies, unions, investors, cities, states and regions are committed to 1.5°C, and already taking science-based climate action: delivering clean energy solutions, developing innovative finance mechanisms, and building the resilience of vulnerable communities.     

“National leaders must demonstrate solidarity and decide where they stand. Decisions taken in the coming days will define our ability to build an equitable and resilient global economy. They will reverberate around the world and down the generations. There can be no excuses for backsliding on the commitments made a year ago.  


“Every part of society has an essential role to play in delivering 1.5°C. History shows us that humans have the capacity to innovate and solve immense challenges when we work together. The technologies exist and our destination is clear,” he said.


In a related development, COP27 President, Sameh Shoukry, and U.S. Special Presidential Envoy for Climate, John Kerry, have announced an initiative to accelerate adaptation in the African continent, saving millions of lives and livelihoods.

An additional $15 billion investment announced for Nexus of Food, Water & Energy Initiative will fund implementation with one main energy project ($10 billion), five projects for food security and agriculture and three irrigation and water projects

The package was announced at a special session on ‘Advancing Adaptation Action in Africa’, co-hosted by Shoukry and Kerry, where Shoukry said: “The key challenge for African countries is to access funding for climate action. Recognising that progress towards adapting to climate consequences and enhancing resilience is crucially needed.

“This agenda comprises a total of 30 global adaptation outcome targets by 2030 that are urgently needed to address the adaptation gap and increase the resilience of four billion people through accelerating transformation across five impact systems: food and agriculture, water and nature, coastal and oceans, human settlements, and infrastructure.”


#COP27 #Nigeria #GODloveforokwy

Tuesday, August 23, 2022


FG begs doctors, nurses to remain in Nigeria

The federal government has reiterated its assurance that measures are being deployed to address the brain drain in Nigeria.

Minister of State for Health, Joseph Ekumankama spoke with reporters on Monday at the Federal Medical Centre, Ebute Meta, Lagos.

He inaugurated the Orthopedic and Trauma Centre, Molecular Building Complex, Oxygen gas plant, Clinical Training Centre, and Ultra-Modern Theatre.

Ekumankama admitted that the mass relocation of health personnel was a problem and was worrisome.

“The greatest challenge facing the sector presently is the doctors and nurses leaving the country”, NAN quoted him saying.”

The minister appealed to them to remain in Nigeria to see the efforts of the government.

“As a sacrifice, I encourage them to stay back and help us revitalize the health sector. We have witnessed that today with what is on ground in this hospital,” he said.

Ekumankama added that the government, in the last three years, released 100 percent of health budget. 



Nigeria, India set up business council to expand trade, investment

Nigeria and India on Monday in Abuja established the Nigeria-India Business Council (NIBC) to expand trade and investment between both countries.

The council is aimed at furthering efforts at reaching an anticipated 40 billion dollars worth of trade between both countries.

The NIBC was inaugurated by Vice President Yemi Osinbajo on Monday in Abuja.

Speaking at the inauguration, Mr V. Sharma, President of NIBC said, “India is already doing great business with this country and will continue to import crude and gas from the country.

“With 14 to 15 billion dollars of trade today, the potential is to reach about 40 billion dollars.

“So please see, the gap is about 25 to 26 billion dollars. It is a big opportunity,” Sharma said.

Vice President Yemi Osinbajo who inaugurated the council said both countries would explore new areas of doing business and cooperation to further strengthen bilateral ties between both countries.

Osinbajo, who was represented by Mr Olamilekan Adegbite, Minister of Mines and Steel Development also emphasised the need for the partnership to focus on areas of entrepreneurship that will help reduce the level of unemployment in the country.

“NIBC will be a vehicle to further strengthen and consolidate our existing bond of friendship and also serve as a platform to coordinate and facilitate business actions between the business community of both countries.

“Let me identify two areas in which I will want to see even further cooperation between our two countries, this relates to entrepreneurship and vocational training.

“India has already been able to use entrepreneurship to bring its unemployment levels down to around 7 per cent while that of Nigeria is still high at about 35 per cent.

“Similarly, through entrepreneurship, India has been able to boost its export of goods and services to about 546 billion dollars while Nigeria is only at 70 billion dollars.

“I feel that there is also a need to put emphasis on skills acquisition and capacity building which will place large numbers of young people in the workplace.

‘As well as boost the nation’s capacity, innovation and capacity as well as contribute to the economy,” Osinbajo said.

The vice president also encouraged Indian investors to establish in Nigeria the kind of businesses and services that Nigerians usually travelled to India in search of.

He explained that the businesses when established in Nigeria would thrive where the demand is high and especially where they would be of mutual benefit to both India and Nigeria.

Osinbajo pledged the federal government’s commitment to creating an environment conducive for Indian businesses to thrive.

“I also urge India investors to consider providing here in Nigeria some of the medical and educational services for which Nigerians travel to India.

“Given the scale of the demand, it is easy to say that there is a business sphere for such an investment.

“On its part, the federal government will render the necessary support to all inward investment, continue its efforts to improve the business environment and provide necessary incentives.

“Some of the incentives include pioneer starters, rural location incentives, export expansion scheme, gas utilisation as well as investment allowances,” the VP added.

India’s Minister of State of External Affairs, Shri V. Muraleedharan said Nigeria had always been a favourite investment destination for Indian businesses with about 135 Indian companies operating in Nigeria with investments worth 20 billion dollars.

Muraleedharan added that Nigeria had been India’s largest trading and energy partner in Africa.

“Bilateral trade between both countries in the year 2021-22 had risen substantially over the previous year to touch 14.95 billion dollars.

“The large and growing population of Nigeria, its talented youth, the abundance of natural resources, a democratic and business-friendly Government and very strong cultural bonds between our peoples have all fuelled the rising economic engagement between both countries.

“But there is still great potential to enhance our economic cooperation and, with the pandemic behind us, both countries must look to vigorously make up for opportunities lost during the last two years.

“India has always been a very reliable partner for its friends in Africa and is committed to the socio-economic development of Africa in accordance with its own development priorities.

“Your priorities are our guiding principles for economic cooperation and our assistance in this area has always been kept in the best interest of your country.

“Today, the multi-sectoral, high-level business delegation from India present here is ready to collaborate in different sectors,” Muraleedharan said.


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