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Failure to Build Inclusive, Fast Growing Economy, Catastrophic for Africa – NESG

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By Tony Obiechina, Abuja

The chairman of the Nigerian Economic Summit Group (ÑESG) has warned that Africa’s failure to build an inclusive and fast growing economy could spell doom for the continent.According to him, Africa is estimated to house 20 percent of the people on earth by 2030 and host the largest workforce of over 1.

2billion by 2050, adding that “failure to build an inclusive and fast growing economy could be catastrophic, unleashing social crisis and tension”.
Yusuf who spoke at the “Rising Together Session” of the 31st Nigerian Economic Summit on Wednesday, however, said, ‘if we succeed in “rising together”, our people, particularly the youthful population, could become the most significant demographic dividend in modern history”.
He further noted that “our economic reform and transformation agenda must be anchored not only on domestic reforms but also on regional and continental transformation and ambition. Reforming at home without aligning with Africa will leave our progress incomplete and fragile”.The NESG chairman explained that the purpose of the gathering was to “clearly identify what is working in our pan-African expansion and, most importantly, to commit to a practical framework for building regional trust, cross-border investment, and African-led prosperity”.Speaking further he said “the NESG is committed to institutionalising “Rising Together” as a recurring platform that will ensure Nigeria’s reform blueprint embeds regional and continental priorities and contributes to Africa’s collective economic transformation and inclusion”.”It is noteworthy that when Africa trades, invests, and grows together, Nigeria rises with it. Therefore, we should leverage this platform to shape actionable outcomes, deepen public-private partnerships, and chart a clear path toward an Africa where prosperity knows no borders”, he said.Yusuf pointed out over the last three decades and more, the Nigerian Economic Summit has remained the leading platform for public-private dialogue, debating Nigeria’s challenges, shaping policy reform, and proposing bold solutions for sustainable and inclusive growth.Continuing, he said “a significant, undeniable fact is that Nigeria’s economic transformation, as well as Africa’s, will be elusive without collaboration, across borders and language divides, propelled by the forces of ambition, markets, talent and resources on the continent.”This realization led to an intentional expansion of the Summit discourse to interrogate regional and continental dimensions of our growth and economic transformation. Accordingly, last year, the Summit organizers introduced the Rising Together Initiative – Initiative Grandir Ensemble”.”We cannot but recognize that there is significant room to grow intra-African trade, which still is at 14.4 percent of total African trade, compared with 65 percent in Europe, 58 percent in Asia, and 49 percent in North America. Despite being home to 17 percent of the world’s population and some of the fastest-growing economies, Africa’s share of global trade remains a minuscule 3 percent, and only 11 percent of cross-border investments in Africa originates from within the continent.”Nigeria is the 4th largest economy in Africa; the largest economy in West Africa, and home to Lagos State, which is one of the 10 largest economies in Africa. With a GDP of US$246 billion in 2024 and home to over 18 percent of the continent’s population, Nigeria holds both the responsibility and the opportunity to lead in driving regional integration, spurring corporate expansions, and shaping geopolitical alignment.”The global economy is experiencing rapid shifts, marked by trade wars, supply chain vulnerabilities, climate-related shocks, and capital flight, which reminds us that no nation can secure prosperity alone. Regional resilience is the new currency of competitiveness”.

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Club De Pals Abuja celebrates 30th Anniversary with recognitions and Awards for excellence

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TOM CHIAHEMEN

All is now set for the grand celebration of the 30th Anniversary of Club De Pals Abuja, the foremost socio-cultural association of Tiv professionals resident and working in the federal Capital Territory (FCT) and its environs.

The grand celebration, scheduled to hold on Saturday, 6th December  2025 at the Royal Choice Inn Hotel located within the National Christian Centre – behind the Central Bank of Nigeria (CBN) headquarters in the Central Business Centre, Abuja, has as its theme, “30 Unbroken Years of Sustained Unity in Friendship.

Highlights of the event, according to the Chairman, Central Planning Committee of the 30th Anniversary celebration, Dr Cletus Akwaya, include the unveiling of the revised Club De Pals Constitution, inauguration of the newly constituted Board of Trustees, special recognition of deceased Members and, Fund Raising for the construction of a Permanent Club House Secretariat.

Other activities include a keynote address by a former Nigerian Ambassador to Russia and current Federal Commissioner at the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Professor Steve Ugbah, cuttingof the Anniversary Cake and, presentation of Awards to past presidents of the Club and other deserving Nigerians.

Formed and registered in 1995 as a non-profit, non-governmental organization (NGO) of Tiv young professionals in the Nation’s capital, Club De Pals has since emerged as the single most formidable umbrella body that articulates the views and interests of the Tiv people of Benue, Nasarawa, Taraba, Cross River and Plateau states, as well as the FCT.

From its initial membership of 10 young professionals,  the Club has today grown with well over 100 members, just as the association has produced, within the 30 years of its existence, university professors, directors in the federal civil service, state commissioners, publishers and media owners, senior legal practitioners, engineers, medical doctors, pharmacists, architects and school proprietors.

Within the 30 years of its existence, Club De Pals has contributed immensely to community development, philanthropy, humanitarian services and other good causes, including interventions in the plight of internally displaced persons (IDPs), victims of ecological disasters, communal conflicts and terrorism and other individuals and groups with health and educational challenges.

TOM CHIAHEMEN

Chairman, Media & Publicity Sub-Commitee

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Military Neutralises Scores, Rescues 318 Victims as Armed Forces Intensify Nationwide Operations

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By David Torough, Abuja

The Armed Forces of Nigeria (AFN) says its troops recorded major breakthroughs across all theatres of operation in November, neutralising scores of terrorists and other criminal elements, arresting dozens of suspects, and rescuing 318 kidnapped victims nationwide.

Director of Defence Media Operations, Major General Michael Onoja, disclosed this during the Defence Headquarters’ monthly press briefing on ongoing military operations.

He said the operations targeted terrorism, banditry, kidnapping, separatist violence, oil theft and maritime criminality across the country.

According to him, more than 69 terrorists and their family members surrendered to troops during the period under review, while intensive ground, air and maritime operations degraded several criminal networks in the North East, North West, North Central, South East and South South regions.

General Onoja noted that the AFN also foiled oil theft valued at N217.6 million, destroying 16 illegal refining sites and recovering over 289,000 litres of stolen crude and illegally refined products.

North East Operations
Troops of Operation HADIN KAI sustained pressure on Boko Haram and ISWAP terrorists across Borno and Adamawa states, carrying out aggressive clearance operations supported by close air support missions. Several terrorists were neutralised, six informants arrested, and five kidnapped victims rescued. Weapons, vehicles and motorcycles were seized, while terrorist camps were destroyed.

North West Operations
Under Operation FANSAN YAMMA, troops conducted offensive operations across Zamfara, Katsina, Sokoto, Kano, Kebbi and Jigawa states. Numerous terrorists were neutralised, 13 suspects arrested, and nine kidnapped victims freed. Air strikes on terrorist enclaves in Kankara and Faskari LGAs of Katsina State eliminated scores of fighters and destroyed their logistics bases.

North Central Operations
Troops of Operation ENDURING PEACE and Operation WHIRL STROKE recorded significant gains across Plateau, Kaduna, Benue, Nasarawa, Taraba, Kogi and the FCT. Across these missions, dozens of extremists were neutralised, 48 suspects arrested, and 30 kidnap victims rescued. Arms, ammunition, vehicles and motorcycles were also recovered.

South South Operations
Operation DELTA SAFE troops uncovered and destroyed four illegal refining sites and arrested 25 suspected oil thieves in Bayelsa, Delta, Imo and Rivers states. They also recovered 12,390 litres of stolen crude and AGO during the week, while offensive and air reconnaissance operations neutralised several other criminals.

South East Operations
In the South East, Operation UDO KA troops sustained offensive operations across Enugu, Ebonyi, Abia and Cross River. Several terrorists were neutralised, four arrested, and four kidnapped victims rescued. Air interdiction missions in Ezeagu LGA destroyed terrorist hideouts and logistics.

General Onoja commended the bravery and professionalism of troops and urged continued public cooperation through the provision of credible information. He also called for support for the Armed Forces Remembrance Day emblem launched by President Bola Tinubu on December 2.

He assured Nigerians that the military is intensifying efforts to ensure the safe rescue of all remaining abducted students, reaffirming its resolve to restore peace and security across the country.

“Despite the challenges, our operational tempo remains high. We continue to operate within the ambit of the law and are committed to ensuring that every part of Nigeria enjoys peace and freedom from fear,” he said.

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Security Expert, Jackson Ojo, Calls for Resignation of Matawalle

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…Says He Can’t Work as Team Member with Chris Musa

By Mike Odiakose, Abuja

Following the resignation of Minister of Defence, Mohammed Abubakar, an internationally acclaimed Nigerian security expert, Dr Lekan Jackson Ojo has called on Minister of State (Defence), Bello Matawalle.

Dr Ojo declared that Matawalle, just like the immediate past Minister of Defence, has not shown that he is capable of handling the responsibilities of the office he is presently occupying.

He stressed that Matawalle has been very dormant since his appointment and has exhibited poor response to security challenges in the country.

“I think Matawalle should also follow immediately, that is the Minister of State for Defence.

These two persons are not relevant, they ran their states aground as governors.”

Dr Jackson Ojo also called on President Tinubu to appraise members of his Cabinet and sack those that are not performing optimally.

“They came to the federal level and were honoured with positions of Minister of Defence and Minister of State. What has been their contributions to the administration?”

He also raised issues about the appointment of General Chris Musa as the new Minister of Defence, stressing that there could be conflict of interest since the new Defence Minister was once answerable to Matawalle when he was Chief of Defence Staff (CDS).

“Minister of Defence is gone and I think Matawalle should follow. If Mr President should continue like this there are lots of others we will suggest he should fire them.

“He should bring in technocrats into his cabinet and not politicians. Congratulations to Nigerians that one is gone and more will still follow.”

“I want to congratulate Nigerians that former Minister of Defence, Badaru, has resigned, whether he resigned of was booted out. He was of no positive impact on Nigeria as a Minister of the Federal Republic of Nigeria. The office of Minister of Defense is a very sensitive one because without a good defence minister nothing will thrive.

“The position is occupied now by an experienced retired four-star army general, Chris Musa

“What is Bello Matawalle who was the Minister of State under Badaru still waiting for, is it until Mr President boots him out?

“Both of them did not achieve anything in office as My Minister and Minister of State.

“Recently we saw a video that went viral where Matawalle said verbatim that not all bandits are criminals. If somebody is saddled with the responsibility as Minister of Defence and he is having sympathy for some bandits it means Nigeria was almost doomed.

“There are lots of allegations by bandits that he was one of their sponsors. Let’s not take that on the face value because it can be political but this about having sympathy for bandits, coupled with the fact that both of them failed woefully and both of them should bow out.

“Pairing Matawalle and General Chris Musa together is like addicting pass and fail together – it won’t blend. The two of them cannot co-travel well at the Ministry of Defence.

“The two of them don’t have equal knowledge about defence matters. While General Chris Musa has vast knowledge of defence, Matawalle has no knowledge of defence.

“Chris Musa is an experienced man, we know him well but how can he pair with someone that has sympathy for bandits?

“So Matawalle should honourable bow out and if he fails to bow out Mr President should kick him out.”

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