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Tinubu Reiterates Nigeria’s plans to Build Digital Market

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President Bola Tinubu has reiterated Nigeria’s plans to build a vast digital market capable of absorbing cutting-edge innovations and technologies.

This is stated in a statement issued by Mr Stanley Nkwocha, Senior Special Assistant to The President on Media and Communications, Office of The Vice President, on Monday in Abuja.

Tinubu, represented by Vice-President Kashim Shettima, spoke at the meeting of African Heads of State and Government on the 21st Replenishment of the International Development Association (IDA21) in Nairobi.

The President declared that Nigeria is set to harness the potential of its youthful population to transform into a global digital economy powerhouse.

He also hinted at the nation’s plans to become a global hub for outsourcing talent within the digital and creative economy.

“Being a young country with a median age of about 18, our interventions in the digital economy have been so extensive that we are no longer boasting of having the most unicorns.

“But preparing to serve as a global hub for outsourcing talents.”

He informed other African leaders of the sweeping reforms implemented by his administration to curb illicit activities and currency manipulation that had long hindered the nation’s progress.

“Since assuming office, President Tinubu has remained steadfast in fulfilling his promise to end the reign of economic saboteurs who have long exploited and hindered the progress of our nation.

” I am pleased to report that our economy has escaped the phase of sabotage.”

President Tinubu said Nigeria was committed to prioritising climate resilience and becoming an attractive destination for carbon market investments.

“The tensions resulting from climate-induced disruptions serve as a pressing call to action.

“The profound impact of climate change on our continent’s security underscores our dedication to transforming innovative concepts from conference discussions into tangible actions.

“We aim to become an investment-friendly destination for carbon market investments.”

He expressed Nigeria’s belief that the summit’s communiqué would reflect the collective needs of African and IDA countries, capturing their “nuances, consensus, dreams, and projections”.

Tinubu listed key priorities for Nigeria’s economic recovery in his administration’s Renewed Hope Agenda, anchored on poverty alleviation, to include economic expansion, job creation, enhanced access to capital, food security, and inclusivity.

He also stressed the importance of regional economic integration through instruments like the African Continental Free Trade Area (AfCFTA) Agreement to dismantle investment barriers and facilitate access to international markets.

“Our path to the future depends on nurturing strategic partnerships with other nations and development organizations.

“Therefore, we will utilise our absolute and comparative advantages to establish partnerships across borders,” the President said.

Earlier, the President of Kenya, William Ruto, said the summit was urgent because it was “convened at a critical juncture facing a convergence of global crises.

“The crisis include escalating geopolitical tensions that challenge international unity, a deepening development and debt crisis that threatens our economic stability.

“And an urgent climate emergency that demands immediate and collective action for our planet’s survival.”

He gave instances of the devastating impact of severe flooding in the East African region which, according to him, has displaced thousands in Nairobi.

He also decried the vulnerability of the continent to extreme weather patterns, which points to the critical role of the IDA in financing Africa’s development and stability.

“This new normal demands our immediate and united action to safeguard our collective future.
This underscores the critical role of IDA for Africa Summit as a cornerstone for financing for Africa.

“IDA has directed 75 per cent of its total commitment which is nearly 26 billion dollars to Africa in the last fiscal year with African countries comprising 8 of IDA’s top 10 borrowers.

“This support is not just financial but it’s a lifeline for development and stability,” President Ruto said.

Also, the World Bank President, Ajay Banga, expressed optimism about Africa’s potential.

Banga said, ” it’s very easy to feel hopeful when we’re together anywhere in Africa, you feel the infectious energy of young people.”

He affirmed the IDA’s commitment to accelerating progress on the continent, vowing to “move with urgency and purpose”, while making the institution more efficient and impactful.

“We stand at the crossroads of a new era of growth and prosperity for Africa,” he said.

At the end of the Summit, African Heads of State and Government adopted a joint communique committing countries on the continent to accelerate the continent’s economic transformation.

They also agreed to strengthened implementation capacities, mobilising domestic resources, and partnering effectively with IDA.

They also called for an ambitious replenishment of the International Development Association (IDA) to support the continent’s development goals. (NAN)

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Police Reunite 35 Rescued Kidnapped Victims with Families

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The Police Command in Niger, says it has reunited 35 rescued kidnapped victims and survivors with their families in Niger.

This is contained in a statement by its Public Relations officer, Wasiu Abiodun, on Tuesday in Minna.

According to the statement the rescued victims consist of 16 women and 19 children.

The Commissioner of Police (CP) in Niger, Adamu Elleman, represented by the DCP investigation, Ibrahim Adamu, said the victims were from Kagara, Tegina and Agwara.

According to the CP, the victims had been in custody for some period for counselling and deradicalisation processes before handed over to their Council Chairman of Rafi LGA and relatives.

He appealed to members of the public to continue to cooperate with the police by providing actionable information on criminal activities.

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Turkish Embassy Pledges Partnership with Asset Media Group

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By Donald Andoor, Abuja

The Turkish Embassy in Nigeria has pledged a working relationship with the Asset Media Group and Nigeria’s media in general to further boost long lasting diplomatic and trade relations existing between the two countries.

Head of Political Office, Embassy of the Republic of Turkiye, Muzaiffer Hakan Tok who was exchanging views with the management team of Asset Media Group in Abuja, yesterday recalled the robust diplomatic, trade and cultural relationship between Nigeria and Turkiye.

While stressing the cordial relationship existing between the two nations over time, he said there was need for media practitioners to be further enlightened about those things that were common and binding between the two nations.

He applauded the people of Nigeria and the government for the hospitality accorded Turkish nationals in the country.

Earlier, Dr. Cletus Akwaya, Proprietor of Asset Media Group, owners of the Daily Asset Newspaper and Asset Television, said the visit was to explore ways of media partnership with the embassy.

He appealed to the Turkish Embassy in Nigeria to initiate avenues for exchange of visits between journalists of the two countries to enable them to enlighten and educate the public about opportunities that abound in the country.

The diplomatic relations between the two nations started when Turkey opened an embassy in Lagos in 1962. The embassy was moved to Abuja in 2001 after Nigeria’s proclamation of Abuja as the new capital.

On the other hand, Nigeria has an embassy in Ankara, the capital of Turkey and the two countries are members of a group of eight developing nations, code named D-8.

The delegation of the Daily Asset Group included Donald Andoor, Chairman Editorial Board and General Manager of Asset Television, Ayami Sunny Ayami.

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NCS Cautions Nigerians against Breach of US Visa Terms

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By Tony Obiechina, Abuja

The Nigeria Customs Service (NCS) has issued a public advisory urging Nigerians to use U.S. entry visas responsibly, following concerns raised by the United States government over visa misuse.

The NCS emphasized that Nigerian travelers must adhere strictly to the purpose stated in their visa applications, warning that engaging in activities inconsistent with their visa classification could lead to revocation.

It reminded the public that security screening by U.
S. authorities continues beyond the point of entry, and that visa holders remain under regular monitoring.

The agency also reiterated the importance of complying with U.

S. immigration laws, including import/export regulations. Travelers were further reminded to declare any cash in excess of $10,000 or its equivalent at entry or exit points, and to avoid carrying any prohibited items in their luggage.

NCS advised all passengers to maintain lawful conduct both within Nigeria and abroad, cautioning that fraudulent acts committed in any country could result in legal consequences under both Nigerian and U.S. laws.

Assuring continued collaboration with the U.S. Mission in Abuja, the NCS stated that efforts are ongoing to ensure Nigeria avoids inclusion in any future visa restrictions, thus safeguarding the travel rights of Nigerians with legitimate purposes for visiting the United States.

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