NEWS
Nigeria, Austria Deepen Bilateral Economic Relations
By Tony Obiechina, Abuja
Following high-level meetings between a delegation led by Minister of Budget and Economic Planning, Senator Abubakar Bagudu, and senior Austrian government officials, Nigeria and Austria have committed to strengthening their bilateral economic relations.
The delegation engaged with senior Austrian officials, including the Federal Minister for Agriculture, Forestry, Regions and Water Management of the Republic of Austria, Mag. Norbert Totschnig; the State Secretary for the Federal Ministry of Economy, Energy and Tourism, Elisabeth Zehetner; and the Federal Minister for Innovation, Mobility and Infrastructure, Peter Hanke.Others were Director-General of the International Centre for Migration Policy Development, Dr Michael Spindelegger, who was formerly minister for Foreign Affairs and Finance as well as Vice-Chancellor, and the CEO of the Vienna Stock Exchange, Christoph Boschan.The engagements with Austrian officials and business leaders in Vienna on Friday, as stated by the ministry’s Director of Information and Public Relations, Julie Okogie-Jacobs, on Wednesday, centred on establishing new partnerships in capital market development, investment, innovation and mobility, migration governance, agriculture and water management, and economic reform support.She stated that some Austrian companies delivered presentations proposing a technology transfer and a local manufacturing partnership that would enable Nigeria to produce water filtration materials domestically, expand the textile industry value chain to create skilled jobs, and improve water and food security through local capacity-building and training.Along with signing a Memorandum of Understanding (MoU) that will act as a strategic framework for their cooperation in Agriculture, Water Management, Rural Development, and Climate Resilience, the statement said both sides also agreed to accelerate negotiations on another MoU to strengthen their bilateral economic relations and formalise cooperation in trade, investment, energy, and tourism.The memorandum on Agriculture, signed on Friday by Bagudu and Austria’s Federal Minister for Agriculture, Forestry, Regions and Water Management, Mag. Norbert Totschnig is expected to support Nigeria’s efforts to enhance food security, promote climate-smart agriculture, and strengthen rural livelihoods.Totschnig described the MoU as “a promising start to a long-term collaboration that can serve as a model for Africa–Europe agricultural partnerships.”The MoU aims to enhance bilateral cooperation, promote sustainable food systems, improve water resource management, and increase resilience to the effects of climate change, in accordance with Nigeria’s National Development Plan (2021–2025) and the Renewed Hope Agenda.It also aims to utilise Austrian expertise, technologies, and private capital to support Nigeria’s priorities in sustainable agriculture, irrigation, environmental protection, and rural infrastructure.Areas of cooperation include promoting agro-processing and value chain development, supporting soil and watershed management, developing efficient irrigation systems, enhancing rural economies, and expanding forestry and afforestation initiatives. It also facilitates capacity building, research collaboration, and technical knowledge transfer between both parties to strengthen institutional and human resource capabilities.The implementation of the MoU will build on existing Austria-supported initiatives in Nigeria, such as the European Business Park (EBP) and the Centre of Practical Skills (COPS) in Enugu, which provide platforms for rural innovation and skills development.To ensure transparency and effective management of investment projects, a Special Purpose Vehicle (SPV) — ESME Nigeria Limited, under MOFI, will coordinate and safeguard investments arising from this partnership.During a meeting with the State Secretary of the Federal Ministry for Economy, Energy and Tourism, Elisabeth Zehetner, both countries also agreed to expedite another MoU to strengthen existing economic cooperation and explore new areas of partnership.Zehetner stated, “Nigeria remains one of our most important trading partners in Sub-Saharan Africa, and we are keen to explore new dimensions of cooperation — especially in green technology, renewable energy, circular economy, and vocational training.”Bagudu highlighted that Nigeria’s reform agenda is opening up new opportunities in infrastructure, renewable energy, manufacturing, and tourism, and that Austria’s strong interest in collaborating with Nigeria through technology transfer, skills development, and sustainable investment is welcomed.The delegation also met with the Director General of the International Centre for Migration Policy Development (ICMPD), Dr Michael Spindelegger, emphasising the importance of strengthening cooperation between Nigeria and ICMPD in migration governance, skills development, and legal pathways for labour mobility, building on the organisation’s longstanding engagement in Nigeria.Expressing Nigeria’s eagerness to collaborate with ICMPD to develop a model linking training, certification, and employment within a legal migration framework, the minister acknowledged ICMPD’s consistent support and reaffirmed Nigeria’s commitment to establishing safe, legal, and productive migration systems that benefit both sending and receiving countries.Responding, Spindelegger noted that ICMPD’s partnership with Nigeria has developed from technical cooperation to strategic collaboration, with active projects in border management, anti-trafficking, and labour migration.Dr Spindelegger mentioned that a workshop with the City of Vienna is already scheduled to develop a broader concept that will enable Nigerians to receive vocational training in Nigeria and subsequently work in Austria.The minister called for strengthening fiscal cooperation and encouraging innovative investment partnerships between the two countries during the delegation’s meeting with Austria’s Vice Minister of Finance, Mag. Andreas Reichhardt.He explained that the Tinubu administration had implemented bold fiscal and monetary reforms to unify exchange rates, rationalise subsidies, and rebuild investor confidence, noting that the economy had been opened up to private investment because the government alone could not fund the nation’s development.Reichhardt expressed delight at hosting the Nigerian delegation and reaffirmed Austria’s commitment to establishing a strong partnership with Nigeria.Bagudu, who returned to Nigeria over the weekend, also visited the Vienna Stock Exchange, where the Chief Executive Officer, Dr Christoph Boschan, welcomed him. He highlighted the importance of strong governance and transparency in maintaining economic growth.Responding, Bagudu stated, “We are impressed by Austria’s financial market model—its stability, governance standards, and efficiency. Nigeria is eager to learn from these experiences as we design frameworks that link public assets, infrastructure projects, and sustainable financing to the capital market.During the meeting with Federal Minister Hanke, who heads one of Austria’s largest ministries — responsible for Infrastructure, Mobility and Innovation — both sides agreed to strengthen cooperation between Austria and Nigeria in the fields of transport infrastructure, mobility, and technological innovation.The discussion focused on the transfer of Austrian expertise and best practices, particularly in railway and road infrastructure (ÖBB – Austrian Federal Railways, and ASFINAG – the state-owned motorway and expressway company), as well as in innovative mobility solutions.A visit by Minister Hanke to Nigeria was agreed in principle to further advance these initiatives and explore concrete cooperation opportunities on the ground.The minister finished his visit with a Business Reception hosted by Prosper Africa, attended by more than 130 high-ranking Austrian government officials, diplomats, and business leaders.During the evening event, Minister Bagudu also met with Bernhard Sagmeister, Director General of Austria Wirtschaftsservice (AWS), Austria’s state-owned development bank. AWS issues more than EUR 1 billion in guarantees each year to Austrian companies, including for investments abroad, and serves as a partner of the Austrian European Business Park (EBP) in Enugu. The discussion centred on deepening and expanding the cooperation.In his keynote remarks, Bagudu reaffirmed Nigeria’s willingness to attract investment and collaborate.
NEWS
2027: INEC Appeals for Peaceful Conduct, Promises Neutrality
The Independent National Electoral Commission (INEC) has appealed to political parties, candidates and voters to ensure peaceful conduct before, during and after the 2027 general election.
Resident Electoral Commissioner (REC) of INEC in Ondo State, Dr Mutiu Agboke, made the appeal at a major stakeholders meeting on Thursday at the commission’s offices at Akure South and North Local Government Area of the state.
Political parties, security agencies, traditional rulers, religious leaders, NYSC members, National Association of Transport Owners (NATO) and other drivers union, among others were present.
Agboke, who visited the traditional ruler of Iju and Ita-Ogbolu in Akure North Local Government Area, said the stakeholders meeting became necessary to ensure the forthcoming election was free, fair and credible.
According to him, credible elections are a collective responsibility and that security, traditional institutions and transport unions all play a critical role in protecting voters, officials and election materials.
The REC, who said INEC would remain neutral and transparent, warned that the commission would not tolerate partisan leaning, vote-buying, intimidation or any act capable of undermining the credibility of the poll.
“This advocacy is for the commission and our major stakeholders to be on the same page because our expectation is to let votes count.
“The recent elections conducted by INEC are enough proof to show that people’s votes determine the direction of who wins.
“Meanwhile, we don’t want them to engage in violence, nobody should allow him or herself or wards to be used for violence and desist from engaging in vote buying.
“It is only votes lawfully cast and duly counted would determine winners,” he said.
He, therefore, assured that INEC officials had been trained to adhere strictly to the Electoral Act and its guidelines, while the commission’s doors remained open for questions and clarifications to avoid misinformation.
Agboke reiterated INEC’s promise of neutrality, saying that preparations for the 2027 general elections had already begun in earnest.
According to the REC, the success recorded in recent by-elections in the state will be built upon to deliver free, fair and inclusive polls that reflect the will of the people.
In their separate responses, Oba Idowu Faborode, The Ogbolu of Ita-Ogbolu; Oba Amos Farukanmi, The Okiti of Iju and religious leaders, pledged to sensitise their subjects and congregations on non-violence.
Also, Dr Gbenga Jemiloye, Akure South Local Government Chairman of All Progressive Congress (APC), applauded the commission for the meeting, saying it showed INEC was ready for the election.
The security agencies and drivers union assured of adequate deployment across the state, while the transport unions committed to timely movement of personnel and materials.(NAN)
NEWS
DAILY ASSET Loses Political Editor, Mike Odiakose at 63
By David Torough, Abuja
The management and staff of DAILY ASSET have announced the death of the newspaper’s Political Editor, Mike Odiakose, who passed away in the early hours of Thursday at the Federal Medical Centre, Keffi, following a brief illness.
Odiakose, aged 63, was described by the management of DAILY ASSET as an accomplished journalist, who served with dedication across various media organisations in Nigeria before joining the newspaper two years ago.
In a statement personally signed by the Publisher and Editor-in-Chief of DAILY ASSET, Dr.
Cletus Akwaya, the newspaper expressed sadness over the death of the veteran journalist, saying he would be deeply missed by his colleagues and members of the wider media community.“Management and Staff of DAILY ASSET regret to announce the sudden passing of our Political Editor, Mr Mike Odiakose in the early hours of today (Yesterday), following a brief illness at the Federal Medical Centre Keffi,” the statement said.
The management noted that Odiakose’s contributions to journalism extended beyond DAILY ASSET, where he worked for two years, having previously served with dedication in several media organisations across the country.
He is survived by his wife and children.
The newspaper prayed for the peaceful repose of his soul and offered its condolences to his family, colleagues and associates.
“May his gentle soul rest in perfect peace. Amen,” the statement added.
NEWS
Poco Lee’s Management Praises Zlatan’s Support, Urges Restraint
The management of Nigerian dancer and entertainer, Iweh Odinaka, popularly known as Poco Lee, has called for restraint in the spread of negative narratives surrounding the entertainer’s ongoing legal case in the United Kingdom.
The management, in a statement issued on Wednesday by Poco Lee’s manager, Faleye “Dee-Y” Adedoyin, also acknowledged the support of Nigerian singer, Zlatan Ibile, and others during the entertainer’s legal ordeal.
Adedoyin said Zlatan and others had been “extremely supportive and helpful” throughout the matter, adding that their involvement had been vital to moving things forward.
The statement read, “We would like to publicly acknowledge that Zlatan, along with others, has been extremely supportive and helpful through this matter.
“Their involvement, support, and effort have been vital to moving things forward.
“We deeply value their ongoing support and dedication and we kindly request that everyone refrain from spreading negative narratives.”
The manager signed off the statement as “Poco’s Management.”
The statement followed reports and comments about Poco Lee’s UK trip and the circumstances surrounding his ongoing court case.
Social commentator Martins Otse, popularly known as VeryDarkMan, had made the claims, questioning reports that Poco Lee had travelled to the UK for a Davido show.
In an Instagram post, VeryDarkMan claimed that Poco Lee travelled to the UK for a Zlatan show rather than a Davido concert.
He also questioned why people were defending Poco Lee while the case remained before the court.
VeryDarkMan said, “In between Poco Lee didn’t travel to the UK for a Davido show, it was for a Zlatan show.”
He also said Poco Lee should be allowed to face the court process, adding that “court case na stress” and praying that the matter would end soon.
The latest development comes amid ongoing proceedings against Poco Lee in the UK.
Poco Lee was granted bail on September 11 ahead of his scheduled appearance at Snaresbrook Crown Court on September 15. The court had confirmed the bail and hearing date to PUNCH Online.
However, the September 15 plea and trial preparation hearing was adjourned to February 8, 2027, after the charge sheet was reportedly unavailable and Poco Lee did not appear in court. The trial was subsequently scheduled for March 8, 2027.
Poco Lee is facing five sexual offence charges in the UK: attempted rape, two counts of rape and two counts of assault by penetration. He has denied the allegations and has not been convicted of any offence.
His management had previously urged the public and media to exercise restraint, particularly over unverified narratives surrounding the case, saying allegations should not be treated as evidence of guilt.


