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Build Africa with African Wealth — Tinubu Challenges Continent’s Powers
President Bola Tinubu encouraged African nations to enhance regional unity and strategically channel sovereign wealth funds to drive rapid continental development.....KINDLY READ THE FULL STORY HERE▶
Speaking at the fourth Annual Meeting of the Africa Sovereign Investors Forum (ASIF), Tinubu, represented by Vice President Kashim Shettima, emphasised that the coordinated use of these national reserves is critical for closing infrastructure gaps, bolstering climate resilience, and addressing youth unemployment.
The meeting, held in Abuja and hosted by the Nigeria Sovereign Investment Authority (NSIA), was themed: “Leveraging African Sovereign Wealth Funds to Mobilise Global Capital for Transformative Development in Africa.”
Tinubu noted that as the global landscape continues to evolve rapidly, African nations must align their ambitions with innovative financing mechanisms. “This forum comes at a time when the world is undergoing significant transformation. Africa must take advantage of the emerging opportunities,” he stated.
He challenged African sovereign funds to move beyond being fiscal buffers and become key drivers of national development. “Our future lies in regional cooperation and a collective ambition. Sovereign wealth funds should act as pan-African investment anchors—de-risking projects, streamlining processes, and delivering scalable, sustainable development,” he said.
Acknowledging the fiscal constraints faced by governments, President Tinubu advocated for a creative and impactful approach to resource utilisation. He called for investments in infrastructure, climate adaptation, food security, digital innovation, and support for MSMEs to boost growth and job creation.
He praised the NSIA for its proactive role in Nigeria’s development, particularly in renewable energy, healthcare, and agriculture. On the ASIF initiative, Tinubu said the platform could serve as a powerful tool for cross-border investment, enabling sovereign funds to collaborate, pool resources, and strengthen Africa’s voice on the global stage.
Finance Minister Wale Edun added that the forum offers a chance to drive capital mobilisation, develop human capital, and align policies for intercontinental growth. He expressed hope that the gathering would result in tangible deals to catalyse economic progress.
In his remarks, Afreximbank President Prof. Benedict Oramah urged sovereign funds to focus on financing domestic projects, stressing that Africa has numerous bankable opportunities that remain untapped due to outdated investment philosophies.
ASIF Chairman Obaid Amrane reaffirmed the forum’s dedication to integrating African sovereign funds into high-impact initiatives that improve lives and bridge financing gaps. He said the forum has already made substantial progress in positioning Africa more competitively on the global investment map.
NSIA Managing Director Aminu Umar-Sadiq said the forum focused on how sovereign wealth funds could strike a balance between bold, impact-driven investments and long-term wealth preservation. He highlighted the need for a unified, sustainable investment platform capable of attracting large-scale global capital.
Umar-Sadiq noted that several strategic agreements would be signed during the summit to strengthen cooperation and ensure African sovereign funds play a pivotal role in shaping the continent’s economic future.
Renowned scholar Prof. PLO Lumumba, in his remarks, called on African leaders to retain their wealth within the continent. “Africa is not poor; it is simply suffering from misallocation of resources. Our sovereign funds must stay here and be used to build a legacy for generations to come,” he declared.
Bamidele Kehinde, Director of Dynamic Ambassadors for Social Orientation Initiatives and the City Transformation Project, has expressed appreciation to the Federal Government of Nigeria for its efforts in securing the release of Pastor Benjamin Egbaji, who was reportedly held in detention in the Republic of Benin for over two years under difficult conditions.....KINDLY READ THE FULL STORY HERE▶
Pastor Egbaji, a Nigerian cleric, was said to have endured harsh treatment during his detention, including prolonged confinement. His release followed a presidential pardon granted by the authorities in Benin Republic under President Patrice Talon.
Speaking on News Central TV, Dr. Kehinde praised the diplomatic efforts that led to the cleric’s freedom, describing the process as lengthy and challenging. He noted that significant progress was achieved after Bianca Odumegwu-Ojukwu was appointed Minister of State for Foreign Affairs.
He stated that although there was no personal connection or financial influence involved, the minister actively engaged Benin Republic authorities through diplomatic channels. According to him, her visit and negotiations played a key role in securing Pastor Egbaji’s release.
Dr. Kehinde also commended all individuals and institutions that contributed to the advocacy efforts, including Moses Eyo, Dickson Umu Unung, the Cross River State Government, CP Alobi Lawrence (rtd), Joseph Bisong Ayi, Blessing Harrison, Eze Sampson, and Rt. Hon. Legor Idagbo.
He said their combined efforts were instrumental in achieving the cleric’s freedom.
He added that while Egbaji’s release is a major relief, the cleric now faces the task of recovering and rebuilding his life after years of hardship. He called for continued support to help him reintegrate into society.
Dr. Kehinde also urged stronger government commitment to protecting Nigerian citizens abroad and enhancing diplomatic engagement across West Africa to prevent similar cases in the future.
The Civil Defence, Correctional, Fire, and Immigration Services Board (CDCFIB) has provided an update on its ongoing nationwide recruitment exercise.....KINDLY READ THE FULL STORY HERE▶
The board stated that 1,120,491 applications were successfully completed and processed, allowing candidates to proceed to the computer-based test (CBT) stage.
It also disclosed that 432,935 applications were left incomplete, while 360,923 applicants were disqualified during screening and shortlisting for failing to meet the required criteria.
In total, the recruitment exercise recorded over 1.8 million applications across the country.
The exercise covers agencies under the board, including the Nigeria Immigration Service, Nigeria Security and Civil Defence Corps, Federal Fire Service, and the Nigeria Correctional Service.
CDCFIB also released a breakdown of CBT performance, showing that 221,996 candidates scored between 0–40, 229,155 scored between 41–60, 278,543 scored between 61–80, while 142,697 scored between 81–100.
The recruitment process is now expected to move to the next stage, which includes physical screening and document verification. Shortlisted candidates will be contacted with details of their screening venues, dates, and required documents.
The board reiterated that the entire process is free of charge and advised applicants to rely only on official communication channels for updates, warning against misinformation and unauthorized messages circulating online.
The Nigerian Air Force (NAF) has confirmed that its Air Component of Operation HADIN KAI conducted precise airstrikes in the Yuwe axis of the Sambisa Forest, resulting in the elimination of several terrorist elements on Monday.....KINDLY READ THE FULL STORY HERE▶
This was contained in a statement issued on Tuesday in Abuja by the Director of Public Relations and Information, Air Commodore Ehimen Ejodame, who noted that military operations in the North-East continue to maintain strong pressure on insurgent groups.
He explained that the operation was based on credible intelligence, supported by Intelligence, Surveillance, and Reconnaissance (ISR) activities, which identified active terrorist presence within fortified positions and underground hideouts.
According to him, NAF air platforms successfully engaged the targets using precision-guided munitions, destroying the structures, neutralising multiple terrorists, and dismantling key logistics facilities. This was later confirmed through battle damage assessments.
The statement added that sustained air operations have continued to weaken terrorist networks, disrupting their activities and forcing them into more defensive and unstable responses.
The Chief of the Air Staff, Air Marshal Sunday Aneke, also reiterated the Air Force’s commitment to maintaining continuous, intelligence-driven operations aimed at completely neutralising terrorist threats.
He further assured that the NAF remains focused on protecting its personnel, safeguarding national security, and ensuring the safety of citizens, while continuing precision operations in line with strict rules of engagement to minimise civilian impact.
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