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Côte d’Ivoire Hosts SIREXE: African Leaders Discuss Sustainable Resource Development
Nigeria has called for stronger governance, transparency, and collaboration among African leaders and industry stakeholders to fully capitalize on the continent’s natural resources for sustainable development. The Nigerian government emphasized its commitment to fostering an inclusive extractive industry based on transparency, regional cooperation, and local capacity building.....KINDLY READ THE FULL STORY HERE▶
During the inaugural International Exhibition of Extractive and Energy Resources (SIREXE) in Abidjan, Côte d’Ivoire, Vice President Kashim Shettima reinforced Nigeria’s position on the importance of effective institutions in converting natural resource wealth into national prosperity.
The summit, themed “Policies and Strategies for the Sustainable Development of the Extractive and Energy Industries,” brought together leaders from across Africa to explore innovative solutions for resource management and energy security.
Shettima underscored that the strength of governance institutions is pivotal in ensuring that Africa’s resource wealth benefits its people, stating, “This is not just about resources; it’s about people, prosperity, and posterity. With the right policies, transparency, and accountability, we can ensure that mineral wealth fuels development rather than division.”
He also highlighted Nigeria’s role as a leader in transparency reforms, noting that Nigeria was the first country to domesticate the Extractive Industries Transparency Initiative (EITI) in 2004. “Transparency is non-negotiable for building trust and ensuring inclusive benefits for all,” Shettima added.
The Vice President stressed the need for regional collaboration, stating, “Africa’s energy future is interconnected. Nigeria stands ready to share its experiences and work with ECOWAS partners to develop an extractive industry that works for all of us.”
Shettima also discussed the transformation of Nigeria’s oil sector following the restructuring of the Nigerian National Petroleum Corporation (NNPC) under the Petroleum Industry Act (PIA) of 2021, emphasizing its new role as a commercially driven entity.
He pointed to the success of Nigeria’s Local Content Act, which increased local participation in the oil and gas sector from 5% to nearly 30%, and highlighted the Dangote Refinery as a model of indigenous innovation and capacity building.
Addressing challenges like cartels and conflicts in resource-rich areas, Shettima called for investment in security measures to protect mining sites and ensure sustainable growth. “Africa is home to 40% of the world’s gold, 10% of its oil, and critical minerals like cobalt and lithium, yet our potential remains largely untapped. We must unite to unlock this potential,” he urged.
Côte d’Ivoire’s Vice President, Tremoko Meyliet Kone, also acknowledged the importance of collaboration and shared ideas in boosting job creation and maximizing natural resource benefits for citizens. He urged caution about the environmental impacts of mining, as Côte d’Ivoire continues its efforts to reduce pollution and emissions.
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Former Vice President Atiku Abubakar has revealed that his push for an opposition coalition was initially rejected by members of the Peoples Democratic Party (PDP).....KINDLY READ THE FULL STORY HERE▶
Atiku made the disclosure during an interview on Arise Television on Wednesday, where he reflected on events following the PDP’s defeat in the 2023 presidential election. According to him, he warned party leaders after the election that the PDP could struggle politically without forming alliances with other opposition forces. “To be honest, I was one of the major initiators of this coalition. After the PDP lost the last election, I told the party clearly that I did not see a future for the PDP without a coalition,” he said. Atiku said his advice was rejected at the time, despite his conviction that Nigeria’s political history had shown the importance of alliances. “They disagreed with me then. I have studied Nigeria’s political transition over the years and saw how previous alliances worked, so it was not difficult for me to foresee this,” he stated. The former vice president added that his support for coalition politics was also influenced by his desire to encourage the emergence of younger leaders he believes are vital to Nigeria’s future. “I saw some of these younger politicians as the future leaders of this country, and I felt it was my duty to point that out,” he said. However, Atiku claimed the resistance he encountered within the party was driven more by personal feelings than by disagreement over the substance of his proposal. “They disagreed with me simply because they did not want to see my face, not because of what I was suggesting,” he said. Atiku added that recent political developments have now vindicated his position on the need for a broad opposition alliance ahead of future elections.
Former Vice President Atiku Abubakar has said the African Democratic Congress (ADC) will first pursue a consensus arrangement before considering a primary election for its 2027 presidential ticket.....KINDLY READ THE FULL STORY HERE▶
Atiku made this known during an interview on Arise Television on Wednesday while discussing the party’s leadership and strategy ahead of the next general election.
He said he is open to backing a consensus candidate if that becomes the party’s collective decision, stressing that such support should not be interpreted as stepping aside.
“It is not about stepping aside, but whether I am willing to support, and yes, I will,” Atiku said.
According to him, the ADC’s first priority is to build internal unity and reach an agreement among stakeholders before considering a competitive primary process.
“Our first option will be to work out a consensus. If that doesn’t happen, then of course we will explore other options. And yes, I will support whoever eventually emerges,” he stated.
Atiku also expressed confidence in the political experience within the party, saying he believes a consensus is achievable and may make a full-scale primary contest unnecessary.
“That remains our preferred path. We will go for primaries if consensus fails, but I honestly do not expect it to get to that stage because we are dealing with mature and experienced politicians,” he added.
His comments come amid growing political consultations and coalition talks as parties begin to position themselves ahead of the 2027 general elections.
Former Vice President Atiku Abubakar has said the opposition coalition under the African Democratic Congress (ADC) has significantly strengthened his chances of winning the 2027 presidential election.....KINDLY READ THE FULL STORY HERE▶
Atiku made the remarks during an interview on Arise Television’s Prime Time programme on Wednesday. Speaking on what makes his latest presidential bid different from previous attempts, Atiku said the ADC coalition brings together key political figures from across major parties, including the APC, PDP and Labour Party. He described the alliance as a broader and more strategic political arrangement ahead of the 2027 general elections. According to him, the coalition has created a stronger platform that improves his prospects. “Now, we have a broader coalition — a combination of APC, PDP and LP — which gives me a better chance of becoming president in 2027,” he said. Atiku also noted that the coalition reflects both experience and generational inclusion, which he said shows a clear succession plan. “You see people of my generation, and you see younger people coming behind us, so you can clearly see a succession pattern,” he added. Meanwhile, Atiku described former President Goodluck Jonathan as a decent but inexperienced leader. According to him, Jonathan’s lack of experience contributed to shortcomings in governance and played a role in his defeat in the 2015 presidential election. “I know Goodluck Jonathan very well. He is a decent young man, but he was also inexperienced, and that contributed to his failure in managing the affairs of the country,” Atiku said. He made the remarks while stressing the need for experienced and capable leadership in Nigeria.
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