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Iwuanyanwu begs Tinubu to release Nnamdi Kanu to quell insecurity in the South-East



Iwuanyanwu begs Tinubu to release Nnamdi Kanu to quell insecurity in the South-East

**Says insecurity in the South-East arose as a result of Kanu’s imprisonment

**Additionally, Igbo free-to-live, trade-in Lagos

Dr. Emmanuel Iwuanyanwu, President-General of the Apex Igbo socio-cultural organisation, Ohanaeze Ndigbo, yesterday appealed to the Federal Government to release Mazi Nnamdi Kanu, saying his continued detention is a deliberate attempt by some elements to destroy the South-economy. 

Iwuanyanwu, who spoke in Lagos during his first official tour of South-West states, told journalists that insecurity in the South-East caused by Kanu’s incarceration as the leader of the Indigenous People of Biafra, IPOB, would be suppressed if he is released.

“We don’t have security problems in the South-East,” the Ohanaeze leader said. “We have said release Nnamdi because the young people support Nnamdi Kanu.” When we take a close look, we don’t see Kanu committing any wrongdoing. Indeed, the court has ruled that he should be released. As Igbo leaders, we see no reason why he should be detained. These people are making excuses, such as their inability to work.

We believe that keeping Nnamdi Kanu in prison is an attempt to collaborate with elements who want to destroy the South-economy. East’s We are pleading with the federal government to release Kanu because if he is released, we will know who the real criminals and agitators are.

“To be honest, I believe President Tinubu will release Nnamdi because we have not been told he committed any crime.” He is being held despite the fact that he was not caught with an AK-47. Nnamdi Kanu is ill, and if he dies in prison, we will be in a lot of trouble. Every Igbo leader, including the five South-East governors, has spoken out about his release. I believe that if any Nigerian leader has respect for the Igbo, he will release Kanu because his release will reduce the security problem.”

Igbos are free to live and trade in Lagos.

Addressing Igbo fears in Lagos, Iwuanyanwu urged them to remain calm, saying they are safe and have no problems living in the state.

According to him, top Lagos State indigenes are comfortable with their behaviour and do not see them as a threat to their social well-being.

READ ALSO: Fitch Foresees Upgrade of Ecobank’s National Ratings as exchange-rate volatility recedes

“I believe we can solve the problem, and we are appealing to them because asking people to leave is a new phenomenon,” he said. We are not concerned because I have spoken with top Lagos indigenes. Lagos’ leaders are not on board with this viewpoint. I’d like to inform you that Ohanaeze, led by me, is collaborating on this issue with the five South-East governors.

Hope Uzodimma informed me that governors from the South-East would meet with their colleague (Governor Babajide Sanwo-Olu). I was pleased that they had a productive meeting with the governor of Lagos State and issued a communiqué. I’ve learned that the governor is in Abuja; I’ll try to see him, but even if I don’t,

“A lot of rumours are flying around, but I don’t believe these things are true because no right-thinking government could do that.” I can assure you that we are not experiencing any difficulties at this time. I have informed the Igbo that I have met with top Lagosians. I’ve also assured the Igbo that they are safe and secure in Lagos State.

“Before 1914, some Igbo lived in Lagos. Igboland has a distinct personality that sets us apart. We know we have a home, and it is in Eastern Nigeria. We are aware that we are visitors everywhere we go, and we have never gone anywhere to claim their land. Every Igbo man who owns real estate in Lagos does so legally.

We have not come to preach that God provided us with the land in Lagos. We had to pay for it. Lagos is what it is because of the investments made by those who came before, such as the Igbo, as well as northerners and people from other tribes.

“The Igbo arrived, invested, and developed the area; they have not forgotten that they are visitors.” Every Igbo man is taught at home to obey the law of his host community, and Igbo have done so throughout history.




Tinubu approves $100m investment in African Energy Bank




Tinubu approves $100m investment in African Energy Bank

Tinubu approves $100m investment in African Energy Bank

President Bola Tinubu has approved a $100m investment by Nigeria for class A shares in the proposed African Energy Bank, the Federal Ministry of Petroleum Resources announced on Friday.

It said the approval now positions Nigeria favorably to win the bid to host the multilateral $5bn Africa Energy Bank, which will finance Africa’s hydrocarbon deposits of oil, gas, and condensates and support energy transition and net zero 2060 commitments.

Announcing this in a statement signed by the Permanent Secretary, FMPR, Nicholas Ella, the ministry said, “President Bola Tinubu has approved a $100m investment from four agencies of the Ministry of Petroleum Resources, exceeding the minimum equity requirement of $83.33m for class A shares.

“This decision positions Nigeria favorably to win the bid, potentially reshaping the country’s oil and gas ecosystem.”

The ministry further stated that on Friday, the technical inspection team from the African Petroleum Producers Organisation, and Afrexim Bank – the joint promoters for the establishment of the African Energy Bank, completed their mission to validate Nigeria’s readiness to host the headquarters of the bank, set to be established in July 2024.

Following the first bidding round in early 2024, Nigeria, Ghana, Benin, and Algeria were pre-qualified to proceed to the final round of bidding.

These countries will compete for the right to host the supranational multilateral $5bn Africa Energy Bank.

“In our preparation for the bid, the Ministry of Petroleum Resources sought and obtained expert opinions from the Federal Ministry of Justice and consultants in January 2024,” the FMPR stated.

It added, “They reviewed and approved the bank’s proposed Charter, Establishment Agreement, ‘The Treaty,’ and Headquarters Host Agreement. This approval provided the impetus to proceed, and the Federal Executive Council and National Assembly are currently finalising the ratification process. This will ensure that the AEB receives the necessary privileges and immunities to operate in line with its global vision.

“To demonstrate the country’s commitment, Nigeria has identified a prestigious building in Abuja for the temporary headquarters and opened a secured data room for the technical team’s review. The application form for land for the permanent headquarters in the Central Business District of Abuja has been submitted for approval.”

The ministry also confirmed that the Federal Government was working diligently with Nigerian National Petroleum Company Limited, and the Nigerian Content Development Monitoring Board, to meet all eligibility criteria.

“Thus, the $5bn Africa Energy Bank, when headquartered in Nigeria, shall be the largest single foreign direct investment inflow into Nigeria in over two decades with its benefits including:

“The Africa Energy Bank ecosystem shall rank as the third largest bank in Africa and shall be the most prominent bank in Nigeria in terms of shareholders’ funds. It will significantly boost Nigeria’s Gross Domestic Product, employment, financial architecture, inclusion, and propel our economic diversification while supporting foreign exchange management strategies,” the ministry stated.

It said the bank would pivot the development exploration and investment initiatives by independent petroleum producers, commercial service providers, legal and local content drivers, and technology and skills development that would leverage the bank’s proximity to the market and scale up production and capacity.

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ASUU Threatens Strike Over Non-Constitution Of Varsities Governing Councils




ASUU Threatens Strike Over Non-Constitution Of Varsities Governing Councils

ASUU Threatens Strike Over Non-Constitution Of Varsities Governing Councils


…Warns Tinubu Academic Staff Dying Over Cost Of Living

…NEC Reconvenes In Two Weeks To Take Decisive Action


ABUJA – The relative peace in the university sys­tem may once again come under jeopar­dy, following a fresh strike threat coming from the Academic Staff Union of Uni­versities (ASUU).

The academics gave Tinubu two weeks ultimatum to address all outstanding de­mands including delay in constituting governing councils for the universities since assumption of office as president.

ASUU’s fresh threat of industrial ac­tion is the first since the Tinubu admin­tion took over power on May 29, 2023.

The last time the union went on strike was in 2022 shortly before the end of the Muhammadu Buhari’s ad­ministration.

ASUU’s President, Em­manuel Osodeke, took to a briefing at its headquarters in Abuja on Tuesday, to lament their predicament, saying the living conditions of academ­ics is getting worse.

Osodeke noted that the leadership of ASUU received alarming reports on failed promises of the federal and state governments towards addressing the lingering is­sues that forced the union to embark on the nationwide strike action of February to October 2022.

Speaking further, Osode­ke noted that the National Executive Council of ASUU observed that there were no serious efforts to redress the ugly situation.

“Reports available to NEC indicate that an increasing number of Nigerian academ­ics died while thousands of others are nursing life-threat­ening ailments occasioned by work-related stress, absolute pauperization and multidi­mensional insecurity,” Os­odeke said.

Osodeke who faulted the salary increment approved by the Federal Government recently for academics, said, “Even with paltry salary award, the current take-home pay of a professor at bar is about $500 per month. In the face of a heightened tax re­gime, what a professor earns is about $400 per month which is a scandalous under-valua­tion of the scholarship.”

The body said it is imme­diately calling on the govern­ment to immediately set in motion the process that will lead to the review and signing of the Nimi Briggs-led rene­gotiated draft agreement as a mark of goodwill and assured hope for Nigerian public uni­versities.

Speaking on the dissolu­tion of the governing coun­cils by the Federal Govern­ment 11 months ago, Osodeke urged the citizens to hold the government responsible, “if the matter of the Governing Councils is allowed to snow­ball into an avoidable indus­trial crisis.”

Osodeke also noted that the position of the union remains unchanged over the issue of the Integrated Personnel and Payroll Information System popularly known as IPPIS.

In conclusion, Osokode said, “NEC condemns in strong terms the seeming re­fusal of the federal and state governments to decisively address all outstanding issues with the union; NEC rejects all the ongoing illegalities and flagrant violation of uni­versity autonomy in public universities as a result of non-reinstatement of Govern­ing councils and NEC shall re­convene after two weeks from the date of the NEC meeting to review the situation and take a decisive action to ad­dress the issues.”

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Aliko Dangote Foundation, WEF Announces 2024 Class of Dangote Fellows




Aliko Dangote Foundation, WEF Announces 2024 Class of Dangote Fellows

Aliko Dangote Foundation, WEF Announces 2024 Class of Dangote Fellows

Aliko Dangote Foundation (ADF), in conjunction with the World Economic Forum (WEF) and Forum of Young Global Leaders (YGL), has unveiled gifted and high calibre individuals for the esteemed 2024 class of the World Economic Forum Young Global Leaders (YGL) Dangote Fellows.

ADF and WEF, in a release, said, “With great excitement and anticipation, ADF and WEF announce this year’s cohort, a group of visionary leaders poised to make impactful contributions to global development, innovation, and leadership.

The WEF YGL Dangote Fellowship, a partnership between the Aliko Dangote Foundation and the World Economic Forum, identifies, engages, and supports outstanding individuals under the age of 40 who demonstrate exceptional leadership potential in various fields.

This year’s class, according to ADF and WEF embodies the diverse talents, expertise, and commitment to positive change that characterise the YGL community.

The selected young leaders are: Alloysius Attah, Co-Founder & CEO of Farmerline, Ghana; Angela Oduor Lungati, Executive Director of Ushahidi Inc., Kenya; Judy Sikuza, CEO of the Mandela Rhodes Foundation, South Africa; Lelise Neme Sori, Commissioner at the Ethiopian Environmental Protection Authority, Ethiopia, and Nomasonto Motaung, Deputy Minister in the Presidency Government of South Africa, South Africa.

Others include: Oluwatosin Olaseinde, Founder & CEO of Money Africa, Nigeria; Veda Sunassee, CEO African Leadership University, Mauritius, and Thabile Ngwato, CEO & Co-Founder of Newzroom 405, South Africa.

A statement jointly released by ADF and WEF, indicated that “For the first time, the newly inducted Fellows will convene for a transformative three-day retreat in Geneva, Switzerland, organised by the World Economic Forum Foundation. The retreat aims to provide an unparalleled opportunity for the new class of Young Global Leaders to connect with their peers, deepen their understanding of the YGL community, and align themselves with its core values.

“This gathering underscore the commitment of the Forum of Young Global Leaders to foster collaboration, innovation, and sustainable leadership among the world’s most promising young change-makers.

“We are thrilled to welcome the exceptional individuals who make up the Class of 2024 Aliko Dangote Fellows,” said Fatima Aliko Dangote, Aliko Dangote Foundation Board Trustee member. “Their diverse backgrounds, bold ideas, and unwavering commitment to driving positive change will undoubtedly enrich our community and contribute to shaping a more inclusive and sustainable future for all.

“We believe that these remarkable individuals will not only benefit from the resources and opportunities provided by the WEF YGL Dangote Fellowship but will also leverage their talents and expertise to address some of the most pressing challenges facing our world today,” she added.

Young Global Leaders are selected from a variety of sectors such as business, government, academia, media, non-profit organisations and arts and culture, and from all regions of the world. Young Global Leaders engage in initiatives that address specific challenges of public interest with the objective of shaping a better future

The honour, bestowed each year by the Forum, recognises young leaders from around the world for their professional accomplishments, commitment to society and potential to contribute to shaping the future of the world.
The 2024 honourees will become part of the broader Forum of Young Global Leaders that convene at an Annual Summit, which are integrated into events organised by the World Economic Forum, and organise events of their own, as well as launch and lead their own innovative initiatives and task forces.

These activities enable YGLs to learn from and with each other; build knowledge and engender a better understanding of global challenges and trends, risks and opportunities; and further enhance their unique role as leaders within their own organisations, the World Economic Forum and the broader global community.

Past YGLs include: Uche Pedro, Founder & CEO Bella Online Media, Tokini Peterside, CEO Art X Collective, Oluseun Onigbinde, Co-founder BudgIT, Adebola Williams, CEO Red Media Africa, Dr. Tolu Oni, Associate Professor University of Cape Town & University of Cambridge

Others are: Iyinoluwa Aboyeji, (ex-)CEO Flutterwave (now CEO Fund for Africa’s Future), Lois Auta, Founder & ED Cedar Seed Foundation, Ada Osakwe, Managing Partner Agrolay Ventures, Cynthia Mosunmola Umoru, Founder Honeysuckles PTL Ventures, Simon Kolawole, Founder & CEO Cable Newspaper, Tara Fela-Durotoye, Founder & CEO House of Tara, among many others

Since its inception in 2011, the partnership between the Forum of Young Global Leaders and the Aliko Dangote Foundation has been instrumental in nurturing Africa’s next generation of leaders. Over the past decade, the Foundation’s support has empowered over 115 YGL Dangote Fellows, enabling them to accelerate their impact and catalyse lasting change across the continent and beyond.

The Aliko Dangote Foundation Fellows join a prestigious network of over 1,400 Young Global Leaders from diverse fields including business, government, academia, and civil society. Together, they represent a powerful force for driving positive change and addressing the world’s most pressing challenges.

The Forum of Young Global Leaders, established by the World Economic Forum in 2004, is a unique, multistakeholder community of more than 1,400 outstanding young leaders from around the world. Each year, the Forum recognises the most innovative, enterprising, and socially minded individuals under the age of 40 who are pushing the boundaries of global leadership and making a positive impact on society.

The Aliko Dangote Foundation, established by foremost Nigerian industrialist and humanist Aliko Dangote, is committed to improving the quality of life for people across Africa by supporting initiatives in health and nutrition, education, and economic empowerment.

The World Economic Forum is the International Organisation for Public-Private Cooperation. The Forum engages the foremost political, business, cultural, and other leaders of society to shape global, regional, and industry agendas.

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