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NSIA to Host 4th Annual Confab of African Sovereign Investors Forum

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By Tony Obiechina, Abuja

The Nigeria Sovereign Investment Authority (NSIA) is set to host the fourth annual meeting of the Africa Sovereign Investors Forum (ASIF 2025) scheduled to be held in Nigeria from 16th to 17th June 2025.In a statement by NSIA on Monday, the high-level confab will bring together sovereign wealth funds, global institutional investors, development finance institutions, C-suite executives, thought leaders, and sector experts from across the investment landscape to foster strategic partnerships that align with a shared commitment to Africa’s sustainable development and economic transformation.

Themed “Leveraging African Sovereign Wealth Funds to Mobilise Global Capital for Transformative Development in Africa,” the event will spotlight the pivotal role of sovereign wealth funds and institutional investors in mobilizing regional and international capital to drive inclusive growth and transformation across the continent.
The two-day event will feature thought-provoking panel sessions, fireside chats and curated networking sessions aimed at deepening collaboration and catalyzing investment across priority sectors in infrastructure, energy, healthcare, technology, and more.Confirmed speakers include, among other distinguished leaders: Wale Edun, Minister of Finance and Coordinating Minister of the Economy, Dr Jumoke Oduwole, Minister of Industry, Trade & Investments;Obaid Amrane, Chair, International Forum of Sovereign Wealth Funds (IFSWF); Chair, Africa Sovereign Investors Forum (ASIF); and CEO, Ithmar Capital, Samaila Zubairu, Chair, Alliance of African Multilateral Financial Institutions (AAMFI); President & CEO, Africa Finance Corporation, Prof. Benedict Oramah, President and Chair, Africa Export–Import Bank (Afreximbank), Prof. Patrick Lumumba, President, Lumumba and Lumumba Foundation, Liu Haoling, Vice Chair, President, and Chief Investment Officer, China Investment Corporation Danladi Verheijen, Chair, Africa Private Capital Association (AVCA); and Managing Partner, Verod Capital Angela Perez, Chair and CEO, COFIDES, British Robinson, Chair, Africa Milken Institute International Ashish Khanna, Director General, International Solar Alliance.Speaking ahead of the event, Aminu Umar-Sadiq, Managing Director and CEO of NSIA, stated: “NSIA is honoured to host sovereign wealth funds from across the continent to the 4th Annual Meeting of the Africa Sovereign Investors Forum in Abuja. This gathering comes at a pivotal moment that demands bold, coordinated action to deepen collaboration and unlock global capital for sustainable, large-scale, inclusive development in Africa. By uniting our collective resources, African sovereign wealth funds can become a formidable catalyst for transformative growth, economic resilience and long-term prosperity.” Obaid Amrane, Chair of ASIF added: “ASIF is a powerful testament to Africa’s capacity to shape its own development narrative. By convening sovereign wealth funds and global investors, we are building the alliances needed to unlock transformational capital for an inclusive and sustainable future for the continent. As we convene for this fourth edition of ASIF, we will mark a significant milestone in a journey that has steadily gained momentum since its launch.”As the host of this pivotal meeting, NSIA reaffirms its commitment to championing strategic investments and high-impact partnerships that reshape Africa’s socio-economic narrative.

NEWS

2027: Afenifere, Arewa Consultative Forum, Northern Elders Forum Back SDP

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By Mike Odiakose, Abuja

Ahead of Nigeria’s 2027 elections, leading socio-political groups—Afenifere, Arewa Consultative Forum, and Northern Elders Forum—have jointly endorsed the Social Democratic Party (SDP).

The endorsement was unveiled during a high-level meeting in Ilesha, bringing together influential stakeholders from across the country.

The gathering included representatives from all 19 northern states, the Conference of State Chairmen of the SDP, and top figures from the endorsing organizations.

Speaking at the event, SDP National Leader Prince Adewole Adebayo emphasized the importance of the diverse coalition, describing it as a powerful, unifying force capable of addressing Nigeria’s pressing challenges.

“The people present at this meeting can solve the problem of Nigeria,” he stated, noting the presence of key northern and southern blocs.

Reaffirming the party’s commitment to democratic principles, Adebayo declared that the SDP aims to secure power through the ballot:

“We’ll get the power through the ballot—we will not snatch it, we will not grab it… We’ll get it from the people and put in place a responsible government.”

He added that such governance would revive what he described as “Afenifere politics” and “Afenifere governance.”

The event featured prominent figures, including Oba Oladipupo Olaitan, Murtala Aliyu, and Salisu Mohammed.
Other attendees included Bello Fadile, Usman Bugaje, and Olufunmilade, alongside members of the SDP’s National Working Committee.

Political Observers are of the opinion that the convergence of these major northern and southern groups signals a strategic alliance that could play a decisive role in shaping the outcome of Nigeria’s 2027 general elections.

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NEWS

Kogi NYSC Debunks Rumours of Corps Member’s Castration

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From Joseph Amedu Lokoja

The National Youth Service Corps (NYSC), Kogi Secretariat, has dismissed reports circulating on social media claiming a corps member serving in the state was castrated.

The NYSC State Coordinator, Femi Osungbohun, refuted the rumour in an interview with our Correspondent in Lokoja.

Osungbohun described the claim as “Fake news”, stating the Corps member is alive, healthy, and serving at his Place of Primary Assignment (PPA).

The state Coordinator urged the public to disregard the falsehood, reassuring that the safety and welfare of Corps members remain a top priority.

“We confirm the corps member in question is safe, healthy, and actively serving at his deployment location.

“The NYSC Kogi State management assures the public that corps members’ welfare and security remain top priorities, in line with the Director-General’s directives.

“We urge everyone to verify information before sharing to prevent unnecessary panic.

“The corps member has been located and is in good health, carrying out his duties as usual.

“We encourage the public to disregard the false report and support our efforts to maintain a positive environment for our corps members,” he said.

Speaking on the rumour, the Corps member, Obdarekpe Abdusalam Oshiorenua, KG/26A/0133, serving at Dangote Cement Factory, identified a social media acquaintance, AvinofLagos, as the perpetrator of the falsehood.

The 27-year-old, Oshiorenua from Edo State, described the incident as an “absolute falsehood”, stating that it stemmed from a minor disagreement on social media that escalated into abusive exchanges.

“The individual then used my NYSC picture to create and spread the false narrative, causing distress to me, the NYSC and my family,” he said.

The Corps member urged security agencies to track down AvinofLagos and bring him to justice, while also calling for social media regulation to prevent similar incidents.

“I think social media should be regulated. Everybody should look from each other’s view, not post or comment anyhow to hurt one another,” Oshiorenua said.

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Foreign News

 Assailants kill 73 at South Sudan Gold Mine

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Armed assailants killed 73 people at a gold mine in South Sudan, government officials said on Monday, in violence linked to a dispute over gold extraction.

The attacks occurred on Saturday near Jebel Iraq in Central Equatoria state in the south of the country, Vice President James Wani Igga said.

At least 25 others were injured and some fled the scene.

Authorities warned that the death toll could rise as the search for missing people continues.

It remained unclear which group was responsible for the attack.

The vice president said an official investigation would be launched and security measures at mining sites and commercial centres would be strengthened.

Charles Madut, the governor of Northern Bahr el Ghazal state in the country’s north-west, condemned the attack, describing the violence against innocent civilians as unacceptable and said that the perpetrators must be brought to justice. 

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