NEWS
We’ve Disbursed $50bn into Nigeria in Last Decade- Afreximbank
The African Export-Import Bank (Afreximbank) says it has disbursed 50 billion Dollars into various sectors of Nigeria in the last 10 years.
Prof. Benedict Oramah disclosed this at the Commissioning of the Afreximbank African Trade Centre (AATC) in Abuja on Thursday.
Oramah said the sectors included energy, infrastructural, manufacturing, healthcare, transport and financial services.
He added that in the last 10 years, the bank’s support to the Nigerian financial services industry amounted to 19 billion dollars.
“This has helped to deepen and expand the sector and elevated their impact on the local economy.
”According to Oramah, the bank is set to commission a 750 million dollar 500-bed African Medical Centre of Excellence (AMCE) in Abuja in June.
He said the 500-bed medical centre was a quaternary medical facility built to avail top-class care to Africans in the vital areas of oncology, cardiology, and haematology.
Oramah said other interventions by the bank in Nigeria included the operationalisation of the African Quality Assurance Centre (AQAC) in Ogun State.
He said the centre was designed to ease quality infrastructure constraints of exporting agricultural and value-added goods into regional and international markets.
Oramah said similar projects were under development in the states of Imo and Kaduna.
He said in 2024, Nigeria was selected to host the Africa Energy Bank, which was established by Afreximbank and the African Petroleum Producer’s Organisation (APPO).
Oramah explained that the bank was also expected to address the financing constraints in the oil, gas and other energy sectors.
“The Energy Bank will position Nigeria as the continental hub for mobilising energy financing.”
He added that in Ogun, a Special Economic Zone was being developed by Afreximbank’s investee company, Arise Integrated Industrial Platform.
“This over 300 million dollar project is being developed to promote export manufacturing and similar projects are expected in Cross Rivers, Imo, Enugu and Kano States.”
Oramah said the bank’s financing support to Nigeria had also helped to boost the oil refining capacity to about 1.2 million barrels per day.
He added that it also helped to boost urea fertiliser production to 7.5 million tonnes per annum, up from under four million tonnes in 2019.
“We expect urea capacity to rise to about 11 million tonnes by 2027 when Dangote Petrochemical company opens the new lines under development.
“These are remarkable and are contributing significantly to Nigeria’s non-oil export revenues.”
He said Afreximbank was also investing in growing the country’s creative sector, through credit lines support, capacity-building initiatives and market access opportunities.
Oramah said recently the bank opened a dedicated 200 million facility to support the sector under an ongoing partnership with the Federal Ministry of Culture and Creative Industry.
He said the support had helped Nigeria to boost the export of its creative content to the rest of Africa and the world while boosting youth employment.
“These projects and interventions add to the significant investments committed by Afreximbank since its inception some 32 years ago.
“ I am most pleased to put on record that the relationship between the Bank and the Federal Government of Nigeria has been truly mutually beneficial and most cordial.
“Over the last three decades, successive governments have accorded unflinching support to Afreximbank by responding most positively to capital calls.
“Also creating a congenial environment for its smooth operations while providing the bank significant domestic policy support that helped to execute many of the development programmes in Nigeria.”(NAN)
NEWS
Bayelsa state is for APC, says Lokpobiri
“As he delivered 13,591 votes to president Tinubu in his Ward 8”
From Mike Tayese, Yenagoa
As the 2027 political activities is gathering momentum and with Presidential Primary done and dusted by the Ruling All Progressives Congress (APC), the Minister of State for Petroleum (Oil), Senator Heneiken Lokpobiri has declared that Bayelsa state is for APC.
The Minister handed down this while answering questions from Newsmen after the declaration of results from the presidential primary election in Ward 8 in Ekeremor Local Government Area of Bayelsa state.
According to him, “today is the presidential primary to nominate who will be the candidate of APC in 2027 presidential election. We started with the state Assemblies, then House of Representatives and Senate.Today is the nomination for who will be our presidential candidate”.
“As you can see, this is Ekeremor Ward 8, this is my own ward, over thirteen thousand registered members of the APC are here to participate in the primary, am not a voter, as a political appointee, the law says I cannot vote or be voted for, but am entitled to be an observer
“Am very happy, voting has been done and our candidate president Bola Ahmed Tinubu has won, the other candidate they don’t know and he got zero vote. As we are speaking here, the excercise is going on in all the 12 wards in Ekeremor LGA . So am very happy that this excercise started peacefully and is ending peacefully.
‘We are fully prepared for whosoever want to challenge our candidate from other parties. We have credible candidates to present against their candidates
“With me here is Barr. Tari-ere Joyce Gita APC candidate for Ekeremor Constituency 1. Hon. Living Mitin APC candidate for Constituency 2, and Barr. Berry Negerese as APC candidate for Ekeremor Constituency 3. While Chief Fidelis Agbiki is the Bayelsa West Senatorial District candidate.
“There is no any other parties in bayelsa again outside APC, the state is APC, anyone you can’t find here is a retired politicians. Anyone you can find here is retired.
“We are sure of victory in Ekeremor LGA come 2027 general elections. We are United, strong to defeat any other candidates from other parties
Am not aware of any other candidates running against Mr President, take whatever you’re seeing here, zero result for whoever is contesting against Mr President .
“We can assure you that the same thing is happening in all the,105 Wards in the state. Bayelsa is for APC”, he said.
Declaring the results, the returning officer of the presidential primary in Ward 8 Ekeremor Local Government Area, Ashanti Bekomowei said, President Bola Ahmed Tinubu scored 13,591 votes, while his contender Stanley Osifo scored zero vote and therefore declared president Bola Ahmed Tinubu as the winner.
The Bayelsa West Senatorial District candidate Chief Fidelis Agbiki and the three Assembly candidates, said APC will come out victorious in all the elective offices come 2027 general elections.
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NEWS
Tinubu Polls 277,192 Votes In APC Presidential Primaries in Bayelsa*A Restructured Nigeria Possible, Says Gov Diri
From Mike Tayese, Yenagoa
President Bola Tinubu, on Saturday, polled 277,192 votes in the direct primaries of the All Progressives Congress (APC) across the 105 wards in the eight local government areas of the state.
Governor Douye Diri, who served as the state’s Coordinator/Collation Officer for the presidential primary, declared the results at the collation centre at the Chief DSP Alamieyeseigha Memorial Banquet Hall, Yenagoa.
His Chief Press Secretary, Mr. Daniel Alabrah, quoted Governor Diri as saying that the peaceful conduct of the exercise across the state, from the presidential to the National Assembly and the House of Assembly primaries, showed a shift from the party’s “toxic” primaries previously in the state.
He stressed that no single individual could win an election without collective support, urging members to close ranks ahead of the 2027 general election.
His words: “As our party chairman already informed us, the party at the national level graciously asked me to be the returning officer and the chief collation officer.
“You have conducted yourselves so well. The exercise has been peaceful, calm, and in some areas more of a festive mood.
“To all those who contested and lost, you still have to be party men. I’m seeing a lot of them here, and that shows they are sportsmen. They belong to APC and they are going nowhere,” he said.
The Bayelsa helmsman stated that with the party’s unity and the strength of incumbency at both the state and federal levels, APC was well-positioned to dominate the elections.
“If all of these people here will go back to our wards, can’t we deliver? Can anybody beat us in Bayelsa State? It is a very big capital No.
“We have the human beings that know the strategies of elections. With our numerical strength and incumbency, it is game over in Bayelsa State,” he said.
Giving a breakdown of the results presented by the returning officers in each of the local government areas, he said Tinubu scored 39,454 in Brass, Ekeremor 45,949,
Kolokuma/Opokuma 22,593, and
Nembe 32,487.
The president also got 24,896 in Ogbia, Sagbama 46,283
Southern Ijaw 34,692 and
Yenagoa 30,834.
His only challenger, Mr. Stanley Osifo, got only five votes from Yenagoa local government area.
Earlier, speaking to party faithful and supporters after the exercise in his Sampou/Kalama Ward 6 in Kolokuma/Opokuma local government area, the governor said the APC remained the only party offering hope to Nigerians through the Renewed Hope Agenda of President Tinubu.
He said while there were two contestants in the presidential primary, the president was the overwhelmingly preferred choice among party members due to his leadership record and national visibility.
Diri acknowledged the reforms undertaken by the current administration were painful but maintained that they were necessary as the country would ultimately be repositioned for long-term prosperity.
He also expressed confidence that the restructuring of Nigeria was possible under Tinubu, describing him as one of the few leaders with the experience, democratic credentials, and political will to transform the country.
According to him, restructuring remains critical to addressing the nation’s recurring ethnic, religious, and political challenges.
Citing Tinubu’s role in Nigeria’s pro-democracy struggle and his involvement in the National Democratic Coalition (NADECO) during the military era, he said the president was one of the best-qualified leaders to champion the restructuring agenda.
Collation of the results was observed by the Independent National Electoral Commission (INEC) Resident Electoral Commissioner in Bayelsa, Isah Ehimeakhe, the commission’s Administrative Secretary, Mrs. Eme Akpa, as well as the state Commissioner of Police, Mr. Daniel Iyamah and service commanders
In attendance were the Deputy Governor, Dr Peter Akpe, Senator Konbowei Benson (Bayelsa Central), House of Representatives members, Oforji Oboku (Yenagoa/Kolokuma/Opokuma federal constituency) and Rodney Ambaiowei (Southern Ijaw federal constituency) as well as the State APC Chairman, Hon. Warman Ogoriba
Also present were the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, Speaker of the Bayelsa State House of Assembly, Rt. Hon. Abraham Ingobere, Managing Director of the Niger Delta Development Commission, Dr. Samuel Ogbuku, his counterpart in Niger Delta Basin Development Authority, Prince Ebitimi Amgbare, among other party stalwarts, stakeholders and members.
NEWS
Udende Leads Massive Tinubu Endorsement in Benue APC Primaries
By David Torough, Abuja
The Senator representing Benue North East Senatorial District, Senator Emmanuel Memga Udende, on Saturday led party members across the district to massively endorse President Bola Ahmed Tinubu during the APC presidential primary elections.
Addressing supporters at the Ukum Local Government headquarters in Sankera, the Chairman of the Senate Committee on Anti-Corruption and Financial Crimes said President Tinubu’s administration has delivered significant benefits to both Benue State and Nigeria at large.
Senator Udende highlighted ongoing infrastructural development, improvements in the national economy, and the appointment of Benue indigenes into key federal positions as major reasons behind the overwhelming support for the President.
“For the first time in the history of Benue State, we have our own Senator George Akume serving as Secretary to the Government of the Federation (SGF). We also have a Grade A Minister from Benue State, the Chairman of the North Central Development Commission (NCDC), among several other federal appointments. These achievements justify giving President Tinubu another opportunity to continue his people-oriented policies,” Udende stated.
The senator, however, expressed dissatisfaction with the conduct of the immediate past APC National Assembly primaries, alleging that some individuals attempted to manipulate the process by producing results from guest houses and private residences instead of the officially designated council ward headquarters.
According to him, such actions were unacceptable and the purported results would not stand.
The “Ikuen I Ukum” also commended the people of Ukum and the entire Benue North East Senatorial District for turning out in large numbers to vote, assuring them that their trust and support for President Tinubu and the APC would not be in vain.
In his remarks, the member representing Ukum State Constituency in the Benue State House of Assembly, Hon. Engr. Ezra Nyiyongo, urged party faithful to remain united and continue supporting President Bola Ahmed Tinubu ahead of the forthcoming presidential and National Assembly general elections for the progress of Nigeria.
While Senator Udende cast his vote at the Tsaav Council Ward headquarters in Afia, Ukum Local Government Area, Hon. Ezra Nyiyongo participated in the exercise at Melabu in Mbayenge Council Ward.


