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78th UNGA: Tinubu to depart Abuja for New York on Sunday

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78th UNGA: Tinubu to depart Abuja for New York on Sunday

78th UNGA: Tinubu to depart Abuja for New York on Sunday

President Bola Tinubu will on Sunday depart Abuja for New York, the United States to attend the 78th edition of the United Nations General Assembly (UNGA).

Briefing newsmen at the State House, Abuja on Friday, presidential spokesperson, Ajuri Ngelale, said President Tinubu is set to attend  UNGA with a focus on strengthening Nigeria’s economic ties.

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According to him, the President plans to meet with CEOs of major multinationals including Microsoft’s Brad Smith, Meta’s Nick Clegg, General Electric’s CEO, and Exxon Mobil’s CEO to discuss digital transformation, innovation, energy, and petroleum sector opportunities.

He added that the President will also participate in various summits, including those on Sustainable Development Goals and climate ambition as well as bilateral meetings with world leaders including US President Joe Biden and counterparts from Spain, Netherlands, South Africa, Brazil, Comoros and Algeria.

In his words, “President Bola Tinubu is going to continue advancing very aggressively on his economic development, diplomatic drive, to aggressively attract foreign direct investment into the country. So with that, I would like to inform you that Mr. President will be having the following meetings with major chief executives and leaders of multinational firms cutting across multiple sectors of the economy.

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“The President will be meeting with the President of the Microsoft company worldwide, Brad Smith, with respect to how we can deepen digital transformation in the country, and to how we can expand the digital economic footprint in the country to ensure that our micro and small enterprises will have access to the internet and have access to other smart technologies that will facilitate their ability to transact business quickly and efficiently.

“Mr. President will also be meeting with Sir Nick Clegg who is the president of Global Affairs for Meta Technologies, that is expected to be a wide-ranging conversation with respect to how we can leverage new innovations such as artificial intelligence and certain other applications to impact the way we do business in Nigeria.

“Mr President will also be meeting with the global CEO of General Electric. Of course, General Electric is a very well-known international organization that cuts across multiple sectors, they have very deep involvement in the energy sector electric power generation aviation, you know, engine production for multiple multiple modes of transportation, amongst many other inputs. So we expect that to be a very important interaction.

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“Furthermore, Mr President will be meeting with the global CEO of Exxon Mobil Oil and Gas Company. We see this as a major opportunity to once again lay out in detail what Nigeria has on offer with respect to the implementation of the Petroleum Industry Act and the fiscal and tax incentives that are being put forward by President Bola  Tinubu to further advance investment in the oil and gas sector not just in terms of oil, but more in terms of gas.

“But even in the oil sector, we are looking very closely at what we can do in the deep offshore and some of the associated opportunities in that sphere.

“Again, these are just one-on-one meetings with these delegations. These are just a few of them. Mr. President will be participating in the Africa Global Business Initiative, essentially, another platform that’s more like a roundtable where you’re going to have lucrative enterprises, high-level, chief executives from around the world, that want to listen in on what African leaders with particular attention to the Nigerian president, what he has to say, in terms of the opportunities available to invest in Nigeria across sectors, that’s going to be another major opportunity.

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“The President will also be presiding over an event, that is the Nigeria Small and Medium Scale Business Summit. And this is really a very strategic one. The President is determined to ensure that we don’t just look at large industries, that we key in on opportunities that are being presented by Nigerian-owned small and medium-scale enterprises, putting our own MSMEs in a position to make an impact in foreign markets.

Read Also: Buhari departs Abuja to attend 77th UNGA in New York

“In addition to that, the President will be speaking at the UN High-Level reform of the global financial architecture. This is sequel to the engagement Mr President had in Paris. It will essentially allow our president to lay out his vision for a fairer international financial system that does not any longer leave out developing countries from the decision making table.

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“He’s very determined to drive this and he’s leading it from the front and that’s a very important engagement on his schedule. Aside from that, there will be two major summits at the UN. Aside from of course, general debate at the General Assembly, which is one the UN 2023 summit on SDGs the sustainable development goals at which Mr. President will be very actively participating.

“And there will also be the UN Secretary General’s climate ambition Summit, at which Mr. President will be laying out his plans in concrete detail for Nigeria’s energy transition and the role that our partners in the business community and foreign governments and nongovernmental organisations will play in the actualization of Nigeria’s ambition to get to net zero by 2060.

“The last point I want to make is on His Excellency Mr. President’s schedule of bilateral meetings. The President, again, focusing in on his economic development diplomacy will be  having investment at the front and center of his conversations with his counterparts around the world.

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“And these engagements include bilateral meetings on the sidelines, with the President of the United States, with the President of Comoros, with the president of South Africa, with the President of the European Union Commission, with the Prime Minister of the Netherlands, with the King of Jordan, with the Algerian President, with the Brazilian president and with the Spanish Prime Minister.

“It’s still dynamic. There are some that will still be added, but it’s fair to say that within a very short few days in New York, President Bola  Tinubu, will certainly be one of the most active and one of the most sought-after heads of state with respect to his engagement in both bilateral and multilateral platforms.

78th UNGA: Tinubu to depart Abuja for New York on Sunday
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Noble Ladies Champion Women’s Financial Independence at Grand Inauguration in Abuja

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Women from diverse backgrounds across Nigeria and beyond gathered at the Art and Culture Auditorium, Abuja, for the inauguration and convention of the Noble Ladies Association. The event, led by the association’s Founder and “visionary and polished Queen Mother,” Mrs. Margaret Chigozie Mkpuma, was a colourful display of feminine elegance, empowerment, and ambition.

The highly anticipated gathering, attended by over 700 members and counting, reflected the association’s mission to help women realise their potential while shifting mindsets away from dependency and over-glamorization of the ‘white collar job.’ According to the group, progress can be better achieved through innovation and creativity. “When a woman is able to earn and blossom on her own she has no reason to look at herself as a second fiddle,” the association stated.

One of the association’s standout initiatives is its women-only investment platform, which currently offers a minimum entry of ₦100,000 with a return of ₦130,000 over 30 days—an interest rate of 30 percent. Some members invest as much as ₦1 million, enjoying the same return rate. Mrs. Mkpuma explained that the scheme focuses on women because “women bear the greater brunt of poverty” and the platform seeks “to offer equity in the absence of economic equality.”

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Education is also central to the Noble Ladies’ mission, regardless of age. Their mantra, “start again from where you stopped,” encourages women to return to school or upgrade their skills at any stage in life. The association believes that financial stability is vital in protecting women from cultural practices that dispossess widows of their late husbands’ assets, while also enabling them to raise morally and socially grounded families.

Founded on the vision of enhancing women’s skills and achieving financial stability, the association rests on a value system that discourages pity and promotes purpose. “You have a purpose and you build on that purpose to achieve great potentials and emancipation,” Mrs. Mkpuma said.

A criminologist by training and entrepreneur by practice, she cautions against idleness while waiting for formal employment. “There are billions in the informal and non-formal sectors waiting to be made,” she said, rejecting the “new normal of begging” and urging people to “be more introspective to find their purpose in life and hold on to it.”

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Mrs. Mkpuma’s management style keeps members actively engaged, focusing on vocational skills and training to prepare them for competitive markets. She is exploring “innovative integration of uncommon technologies” and is already in talks with international franchises to invest in Nigeria, with Noble Ladies as first beneficiaries.

The association’s core values include mutual respect, innovation, forward-thinking, equal opportunity, and financial emancipation. With plans underway to establish a secretariat in the heart of Abuja, the group aims to expand its impact.

The event drew high-profile guests, including former Inspector General of Police, Mike Okiro, and a host of VIPs, marking a significant milestone in the association’s drive for women’s empowerment.

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NEPZA, FCT agree to create world-class FTZ environment

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NEPZA, FCT agree to create world-class FTZ environment

The Nigeria Export Processing Zones Authority (NEPZA) has stepped in to resolve the dispute between the Federal Capital Territory Administration and the Abuja Technology Village (ATV), a licensed Free Trade Zone, over the potential revocation of the zone’s land title.
Dr. Olufemi Ogunyemi, the Managing Director of NEPZA, urged ATV operators and investors to withdraw the lawsuit filed against the FCT administration immediately to facilitate a roundtable negotiation.
Dr. Ogunyemi delivered the charge during a courtesy visit to the Minister of the Federal Capital Territory, Barrister Nyesom Wike, on Thursday in Abuja.
You will recall that the ATV operators responded to the revocation notice issued by the FCT administration with a lawsuit.
Dr. Ogunyemi stated that the continued support for the growth of the Free Trade Zones Scheme would benefit the nation’s economy and the FCT’s development, emphasizing that the FCT administration recognized the scheme’s potential to accelerate industrialisation.
Dr. Ogunyemi, also the Chief Executive Officer of NEPZA, expressed his delight at the steps taken by the FCT minister to expand the economic frontier of the FCT through the proposed Abuja City Walk (ACW) project.
Dr. Ogunyemi further explained that the Authority was preparing to assess all the 63 licensed Free Trade Zones across the country with the view to vetting their functionality and contributions to the nation’s Foreign Direct Investment and export drives.
“I have come to discuss with His Excellency, the Minister of the Federal Capital Territory on the importance of supporting the ATV to succeed while also promoting the development of the Abuja City Walk project. We must work together to achieve this for the good of our nation,” he said.
On his part, the FCT Minister reiterated his unflinching determination to work towards President Bola Ahmed Tinubu’s Renewed Hope Agenda by bringing FDI to the FCT.
“We must fulfil Mr. President’s promises regarding industrialization, trade, and investment. In this context, the FCT will collaborate with NEPZA to review the future of ATV, a zone that was sponsored and supported by the FCT administration,” Wike said.
Barrister Wike also said that efforts were underway to fast-track the industrialisation process of the territory with the construction of the Abuja City Walk.
The minister further said the Abuja City Walk project was planned to cover over 200 hectares in the Abuja Technology Village corridor along Airport Road.
According to him, the business ecosystem aimed to create a lively, mixed-use urban center with residential, commercial, retail, hospitality, medical, and institutional facilities.
He added that the ACW would turn out to be a high-definition and world-class project that would give this administration’s Renewed Hope Agenda true meaning in the North-Central Region of the country.
Barrister Wike also indicated his continued pursuit of land and property owners who failed to fulfil their obligations to the FCT in his determination to develop the territory.

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Benue IDPs block highway, demand return to ancestral homes

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Vehicular movement along the Yelwata axis of the Benue–Nasarawa highway was brought to a standstill on Wednesday as Internally Displaced Persons, IDPs, staged a protest, demanding immediate return to their ancestral homes.

The protesters, believed to be victims of persistent attacks by suspected herdsmen, blocked both lanes of the busy highway for several hours, chanting “We want to go back home”.

The protest caused disruption, leaving hundreds of motorists and passengers stranded.

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Eyewitnesses said the displaced persons, many of whom have spent years in overcrowded IDP camps, are expressing deep frustration over the government’s delay in restoring security to their communities.

“We have suffered enough. We want to return to our homes and farms,” one of the protesters told reporters at the scene.

Security personnel were reportedly deployed to monitor the situation and prevent any escalation, though tensions remained high as of press time.

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Efforts to reach the Benue State Emergency Management Agency, SEMA, and other relevant authorities for comment were unsuccessful.

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