D.O. to perform in Bangkok after dropping album

Exo all-rounder Doh Kyung-soo, better known as D.O., is scheduled to perform for Thai fans at his solo concert “2025 Doh Kyung-soo Asia Concert Tour “. Organised by GMM Show, the concert will take place at Impact Arena on Oct 11.

D.O.’s Asia concert tour is being held after he dropped his first full-length solo album Bliss in June. The album features the lead single Sing Along! — a fresh new vibe showcasing his versatility — which he co-wrote with well-known composer Zico. In September, D.O. released a track with pop-rock influence titled Dumb in which he collaborated with rapper Penomeco. Bliss offers various genres including ballad, rap, pop, bossa nova and chill lo-fi.

In addition to songs from Bliss, fans can enjoy songs from his other mini albums such as Popcorn and Simple Joys from Blossom, I’m Gonna Love You and It’s Love from Empathy, as well as Exo’s medley including First Snow, Don’t Go, Growl and Love Me Right.

The organiser GMM Show claims that Thai fans can expect an unforgettable night since the venue will feature a perfect stage setup so that fans can clearly see D.O. and soak in every second of the concert magic. The production will include amazing lights, sound and effects.

Tickets cost 2,900, 3,900, 4,900, 5,500, 6,000 and 6,500 baht and can be purchased at allticket.com and at Counter Service at all 7-Eleven branches in Thailand. A credit card installation plan is also available.

State agencies’ scores tail off

The country’s critical information infrastructure agencies and regulatory agencies improved their cybersecurity scores this year, while government agencies recorded lower scores.

For critical information infrastructure agencies, their average score increased to 89% in 2025, up from 83% last year, while regulatory agencies posted a score of 91%, rising from 85% in 2024, according to Thailand’s cyberthreat risk assessment conducted by the National Cyber Security Agency (NCSA).

The average for government agencies dropped to 59%, from 65%.

This year 298 agencies, representing most state departments, participated in the self-assessment programme, of which 191 agencies submitted assessment results.

AVM Jadet Khuhakonkit, assistant to the NCSA secretary-general, said the agency is accelerating the elevation of cybersecurity threat protection standards to ensure Thailand is a stable and trustworthy nation.

AVM Jadet attributed the decline for government agencies to the increase in participation among agencies from various sectors this year.

This dip means there are significant cybersecurity gaps that need to be addressed, he said, especially in the areas of risk and vulnerability management, and cyberthreat response plan development and testing.

Other areas requiring attention include business continuity and crisis communications plan development, oversight of outsourced service providers, information asset registry development, threats detected, and risk trends.

NCSA and Mahidol University also identified the top three threats in Thailand: exploitation of internal vulnerabilities, unauthorised access to systems or data, and disruption or denial of service.

Threats are increasing from ransomware, supply chain attacks, cloud misconfiguration and phishing, demonstrating the need for Thai agencies to urgently address vulnerabilities and strengthen preventative and proactive measures, said AVM Jadet.

He said one approach to strengthen cybersecurity would be to invest in the existing National Threat Intelligence Platform, a national cyberthreat intelligence centre.

The platform started operations last year and collects, analyses, and shares data from all sectors with related agencies, in accordance with international standards.

“The platform enables critical infrastructure organisations and government agencies to respond to threats quickly and accurately,” said AVM Jadet.

The platform is operated by the Thailand Computer Emergency Response Team under NCSA’s umbrella.

Baloobhai Patel buys extra Sh626 million stake in Absa Bank

Billionaire investor Baloobhai Patel has bought an additional 28.4 million shares of Absa Bank Kenya with a current market value of Sh625.9 million, entrenching his position as the bank’s top individual shareholder.

Mr Patel bought the shares in the eight months ended August, during which time his stake increased to 1.72 percent, up from 1.2 percent in December 2024.

Regulatory filings show his ownership increased to 93.4 million shares worth Sh2 billion based on Absa’s closing price of Sh22 on Thursday.

This was up from the 65 million shares he held in December 2024.

The bank shares have rallied by 16.7 percent since the beginning of the year, with investors attracted by the lender’s higher dividend payout and profit growth.

The bank has been increasing its dividend payout per share by Sh0.2 each in each of the last four years, thanks to improved earnings.

Last year, the bank paid a dividend of Sh1.75 per share, meaning Mr Patel was entitled to a dividend of more than Sh113 million before a five percent withholding tax.

Absa maintained an interim dividend of Sh0.2 per share when it announced its results for the half year to June 2025.

The interim dividend is payable on or before October 15 to shareholders who were on its books as of September 19.

Treasury grapples with massive February debt service costs

When he appeared before Parliament in June, National Treasury Cabinet Secretary John Mbadi lamented the high public debt service costs incurred in January, February, May and July, stating that they were causing cash flow constraints for the exchequer.

January and July have stood out in terms of debt servicing for the last six years due to repayments of about Sh60 billion for the standard gauge railway loan to China.

However, rising debt service costs for February that are now in excess of Sh100 billion have also become a concern for the Treasury, mainly tied to large outstanding stocks of Eurobonds and domestic bonds totalling Sh1.66 trillion.

These debt charges, according to the National Treasury, put the government in a tight fiscal spot, given that it also needs to fund other recurrent costs, such as salaries for public servants amid persistent revenue collection shortfalls.

‘There are some months which are very bad, especially where we are repaying loans. We have challenges in January and February, and May and July because we repay debt, capitation to schools of more than Sh50 billion in January.and remember every month we pay Sh80 billion in salaries, yet revenue collection in a month is averaging about Sh200 billion,’ Mr Mbadi told MPs in June.

‘Constraints would be on cash flow challenges especially where funding is from the government and where we fail to meet revenue targets by Kenya Revenue Authority.’

The February issuances are now emerging as key targets for the Treasury’s early refinancing plans through bond buybacks and switch bonds, in order to spread the service costs to other months.

Last week, the Treasury completed the buyback of a $1 billion (Sh129.23 billion), 10-year Eurobond issued in February 2018. The bond was sold as part of a $2 billion issuance, which also included a 30-year tranche maturing in 2048.

The buyback is being financed using the proceeds from the sale of another $1.5 billion paper sold on Friday at an average rate of 8.7 percent on two tranches.

Overall, the government has $5 billion (Sh646.2 billion) worth of Eurobonds on its books that were issued in February, meaning that their semi-annual coupons are paid out in February and August of every year until maturity.

These papers, which account for two thirds of the country’s total stock of $7.41 billion outstanding Eurobonds, cost the government $221.9 million (Sh28.7 billion) in semi-annual interest charges.

World Bank data shows that other external debt obligations that fell due in February this year totalled $290 million (Sh37.5 billion). They included payments of about Sh21 billion to the Trade and Development Bank (TDB), Sh9.3 billion to the World Bank, Sh2.6 billion to the African Development Bank (AfDB) and Sh2.2 billion to the International Monetary Fund (IMF).

At the same time, the State is spending Sh70.9 billion every February and August in interest payments to holders of Sh1.013 trillion Treasury bonds that were issued in the two months.

The securities include an 8.5-year infrastructure bond (IFB) issued in February 2024 at a rate of 18.46 percent, that has an outstanding value of Sh240.3 billion, a 19-year IFB sold in February 2022 at 12.97 percent with an outstanding value of Sh194 billion, and a Sh103.4 billion 10-year bond that was issued in August 2016 at an interest rate of 15.04 percent.

According to its recently published annual borrowing plan, the Treasury has lined up the 10-year 2016 paper for a switch bond issuance on October 13. If successful, this will transfer the outstanding value to a new bond with a maturity period of between 10 and 15 years, thereby sparing the government from making a bullet payment of Sh103.4 billion in August 2026.

Youth-led protests shake Madagascar as president vows dialogue but refuses to resign

Andry Rajoelina, Madagascar’s president has promised to ‘listen and find solutions’ to the mounting problems facing the island nation, but stopped short of bowing to protesters’ demands that he step down.

For nearly two weeks, the country has been gripped by youth-led demonstrations – the biggest wave of unrest in years – drawing inspiration from ‘Gen Z’ protest movements in Kenya and Nepal. What began as anger over worsening water shortages and crippling power cuts in the capital has spread into broader calls for accountability in a country long dogged by poverty and corruption. The United Nations estimates that at least 22 people were killed and more than 100 injured in the early days of the protests, though the government disputes those figures. Security forces have repeatedly fired tear gas to disperse crowds, as fresh demonstrations resumed in Antananarivo on Friday following a one-day pause.

Rajoelina, speaking in a nationally broadcast address on Facebook, urged restraint.

‘No one benefits from the destruction of the nation. I am here, I stand here ready to listen, ready to extend a helping hand, and above all, ready to bring solutions to Madagascar,’ he said.

The president also suggested, without offering evidence, that some politicians were attempting to exploit the unrest and had even considered a coup while he was in New York last week for the UN General Assembly. Earlier this week, Rajoelina dismissed his government in a bid to ease tensions. The move has done little to calm anger among protesters who say decades of poor governance have left one of the world’s most resource-rich countries mired in deep poverty.

Despite vast reserves of minerals, fertile farmland and extraordinary biodiversity, Madagascar remains one of the poorest nations globally. The World Bank says per capita income has fallen by 45 percent in real terms since independence in 1960, blaming the decline on entrenched elites who control the economy, a lack of competition and widespread corruption. Rajoelina himself is no stranger to political upheaval. He first came to power in 2009 after leading mass protests that toppled his predecessor, before winning elections years later. Now, he faces a generation of young people deploying the same tactic against him.

‘Criticism of existing problems does not necessarily have to be expressed in the streets; it should be done through dialogue,’ the president argued.

But with protesters demanding nothing short of his resignation, and with frustration over decades of decline running deep, Madagascar’s path out of the current crisis remains uncertain.

’Chaos in the Ring’: Adamu hints at staging heavyweight title fight in Nigeria

Dr. Ezekiel Adamu, CEO of Balmoral Group Promotions, has revealed plans to host a major heavyweight title fight in December 2025.

Dr Adamu disclosed after the successful staging of Africa’s biggest boxing spectacle, ‘Chaos in the Ring’, at the Mobolaji Johnson Arena in Lagos on October 1,

The historic Independence Day boxing night, organised by Balmoral Group Promotions in partnership with Amir Khan’s AK Promotions, showcased world-class action and positioned Nigeria as a growing hub for elite boxing.

In the main event, American cruiserweight Brandon Glanton stunned fans with a brutal sixth-round knockout of 2012 Olympian Marcus Browne in one of the evening’s most gripping contests.

There was also a special homecoming for Nigerian-born British boxer and former Commonwealth champion Dan Azeez, who delighted supporters with a fourth-round TKO win over Sulaimon Adeosun in his first-ever fight on Nigerian soil.

Speaking after the event, Dr. Adamu hailed the night as a milestone for African boxing and hinted at even bigger plans ahead. ‘Nigeria is the home of heavyweights. I know they say Queensbury is the home of heavyweights, but really, Nigeria is the true home,’ an elated Adamu declared.

He pointed to the country’s rich ties to the division like Moses Itauma, David Adeleye, Lawrence Okolie, Anthony Joshua, and even Deontay Wilder, who has Nigerian roots, as proof that Nigeria has long been central to heavyweight boxing.

‘You have just seen what Taiwo Agbaje has achieved. It shows we have another champion ready to rise, and we are going to make it happen,’ Adamu said after the fight night.

The Balmoral Promotions boss went further, directly challenging top Nigerian-bred heavyweights to headline a landmark fight on home soil.

‘I’m challenging these guys, whether it’s Moses Itauma, David Adeleye, or Lawrence Okolie, we must have a proper heavyweight fight here in Nigeria. And we are going to make it happen.’

Adamu confirmed that the company’s next show is scheduled for December 19, with the fight card to be announced in the coming weeks.

Nigeria’s industrialization fails to gather steam after 65 years

After 65 years of independence, Nigeria’s over-dependence on imports has stalled its transformation from an agrarian economy to an industrial one.

After gaining independence in 1960, the Nigerian government implemented the Import Substitution Policy to curb import dependency, create jobs, and preserve foreign exchange, marking a strategic shift towards industrialisation.

This was seen as a diametrically superb policy that was targeted at transforming the country from an agrarian to an industrial economy.

However, the policy failed because early policy-makers believed that protectionism was a cure-all for the country’s fledgling economy.

Since then, past governments have adopted various policies aimed at reducing over-dependence on imports, creating a high number of local jobs and saving foreign exchange. Some of the policies are the Nigerian Enterprises Promotion Decree, Structural Adjustment Policy, Small and Medium Industries Equity Investment Scheme, National Industrial Revolution Plan, National Automotive Policy and the Export Expansion Grant.

But lack of implementation and continuity in the policies has slowed the progress of the country’s industrial revolution.

According to the National Bureau of Statistics (NBS), growth in the manufacturing sector grew to 1.6 percent in the second quarter of 2025 from 1.28 percent in the same period in 2024.

Nnanyelugo Ike-Muonso, director-general of the Raw Materials, Research and Development Council (RMRDC), said that Nigeria must reduce its dependence on imported raw materials by at least 60 percent within the next five years if it is to become an industrial nation.

‘Over 70 per cent of manufacturing inputs used in our economy are imported. These data points expose a structural weakness,’ Ike-Muonso said in August at MAN’s equipment expo in Lagos.

‘We export our raw materials in their crude form, import in refined quality, and surrender jobs and value offshore before we have even begun,’ he said.

He argued that the country has the potential to industrialise rapidly, with over 120 commercially viable solid minerals, vast agricultural resources, and a large youthful population.

But Ike-Muonso reiterated that what is missing is ‘strategic coordination, bold implementation, and technology-backed commitment.’

While industrialisation has been a cornerstone of transformation in developed nations, Nigeria still lack the bustling facilities and vibrant industrial landscapes that characterise strong economies, despite its significant manufacturing capability and promising trajectories.

The availability of adequate infrastructure is also a major determinant of the success of every country’s industrial sector; however, Nigeria does not have adequate infrastructure to grow businesses, especially developed transport systems such as roads and railways connected to the nation’s seaports.

From Agbara industrial cluster in Ogun to Apapa in Lagos, roads are bad or inaccessible. Access roads to Apapa and Tin Can ports – Nigeria’s two main ports have continued to be nightmares for manufacturers and exporters. It is impossible to talk about infrastructure without discussing power. Energy is a key element of the production process. Nigeria’s inability to supply and distribute sufficient electricity has left businesses at the mercy of generators powered by diesel and petrol, whose prices have surged in recent months.

This raises the production costs for manufacturers significantly and forecloses their chances of competing with international peers.

According to the Manufacturers Association of Nigeria (MAN), manufacturers spend 40 percent of their total production cost on generating energy for their businesses.

Nigerian manufacturers suffered from a long-running shortage of foreign exchange and a sharp devaluation in 2024, which made doing business in the country complicated.

In 2024, the naira lost 40.9 percent of its value against the dollar in the official market despite notable growth in external reserves within the period, according to BusinessDay analysis.

The floating of the naira increased the official exchange rate from N463.38/$ on June 9 in 2023, to N1,500/$ as of October 3 in 2025.

The high cost of dollars and the implementation of a 7.5 percent value added tax on diesel imports have pushed its pump price to as high as N1,200 per litre.

The number of registered manufacturing firms with the MAN dropped from 4,850 in the early 1980s to 2,000 in 2010. From 2017-2024, more than 50 manufacturing companies have shut down.

Some of them are Surest Foam Limited, Mufex, Framan Industries, MZM Continental, Nipol Industries, Moak Industries, Stone Industries, Procter and Gamble, and GlaxoSmithKline, among others.

Regulation is a major issue hurting the sector. In Nigeria, Africa’s most populous country, agencies of the government work at cross-purposes.

For instance, the Standards Organisation of Nigeria (SON) does not accept tests done by the National Agency for Food and Drug Administration and Control (NAFDAC) and vice versa. Worse still, their responsibilities overlap. Similarly, local or state governments do not accept agreements by the Federal Government, particularly when it has to do with money or taxes.

Nigeria is cash-strapped due to low oil prices and high debt servicing. This is hurting the country’s capacity to fund projects and critical sectors.

However, the pool of funds from the CBN and development finance institutions is stashed in banks, which are sometimes unwilling to lend to businesses due to what they call the ‘high-risk level’ of lending to businesses in Nigeria.

Consequently, several manufacturers have complained that they cannot access most funds advertised by the government.

While some manufacturers have accessed funding from the CBN, Bank of Industry and others, however, the funds are not easily accessible by all players.

HortiNigeria model shows path to boosting Nigeria’s fresh produce output – Idris

Can you tell us about the work HortiNigeria Programme has done in Nigeria’s horticulture sector?

The initiative commenced in 2021 with the goal of strengthening Nigeria’s horticulture sector in four states – Kano, Kaduna, Ogun, and Oyo, focusing on key priority crops: okra, onions, pepper, and tomatoes.

Our focus is on increasing productivity and income for 60,000 smallholder farmers, including 40 percent women and 50 percent youth in the north.

We help improve market linkages, support climate-smart technologies, facilitate access to finance and investments, pilot innovative production systems for 2000 entrepreneurial farmers, such as protected horticulture and regional diversification in the south, while building a more enabling policy environment for the sector.

So far, we’ve trained over 76,237 smallholders and entrepreneurial farmers on good agronomic practices, increased yields in key crops by an average of 93 percent, and increased farmers’ incomes by over 205 percent.

We have also mobilized over pound 4.14 million in finance and investments, contributed to reducing post-harvest losses in key intervention areas to an average of 83 percent, and facilitated over 106 business-to-business linkages.

We’ve also co-developed the National Strategy for Sustainable Management of Tuta Absoluta, Nigeria’s tomato leafminer pest, with FMAFS, NIHORT, and NATPAN to safeguard national tomato production.

How has the programme impacted the country’s agricultural sector?

We’ve demonstrated that Nigeria’s horticulture sector can be both commercially viable and socially inclusive. Yields for tomatoes, peppers, onions, and okra have increased by 30-50 percent in our target areas.

We’ve established over 100 business linkages between farmer groups and buyers and helped agro-input dealers reach thousands of new customers with quality products through structured agribusiness clusters and hubs.

Our work is also feeding into policy dialogue – state ministries of agriculture and private associations are now referencing data from HortiNigeria to plan investments and align regulations, such as our weekly price index, which is strengthening the sector beyond the program’s direct beneficiaries.

We’ve helped close Nigeria’s estimated 13 million metric ton vegetable supply deficit by increasing productivity and reducing losses.

Post-harvest losses, previously as high as 50-60 percent, have been reduced in some program clusters to 17 percent, thanks to cold rooms, crates, market linkages and training.

By engaging NIRSAL and commercial banks, we’ve started to bridge the N440-N660 billion (pound 1.06-1.6 billion) horticulture finance gap, training banks to develop horticulture-specific loan products. This has catalyzed private sector participation in areas previously viewed as too risky.

We’ve also improved key policies such as the Tomato Policy, Seed Policy, Organic Agriculture Policy, and pushed for Credit Risk Guarantee increases (30?50 percent) for local plastic crate production to reduce post-harvest losses nationwide.

To what extent would you say the HortiNigeria Programme has contributed towards solving Nigeria’s food security problems?

HortiNigeria is not a silver bullet, but it has provided a model for boosting fresh vegetable production, reducing losses, and improving nutrition.

By expanding access to high-yielding seed varieties, introducing efficient irrigation, and connecting farmers to stable markets, we’re reducing dependence on imports and improving availability of nutrient-dense foods. Nigeria faces food inflation and supply shocks – in 2024, tomato prices rose 320 percent year-on-year.

By boosting production, improving the cold chain, and stabilizing supply, we’re directly improving the affordability and availability of vegetables.

Equally important, we’ve built skills and infrastructure that will outlast the project – such as agribusiness clusters and community field trainers. We have also built innovation hubs and business champions who will continue supplying farmers and developing the sector after the program ends.

Can you share any notable success stories from the program so far?

In Ogun and Oyo States, youth hubs piloted open cultivation systems and doubled yields within a season, creating new seedling and irrigation service businesses.

Also, notably recorded huge success in the regional diversification of onion production in the south. Currently, our young entrepreneurial farmers are growing onions in a large scale in the south, which has reduced over dependence on the north for supply.

Also, protected cultivation, greenhouse farming, has been included in the training curriculum at FUNAAB, which will increase youth participation in protected cultivation production systems.

In Kano and Kaduna, women processors trained by HortiNigeria adopted low-cost drying and packaging technologies, cutting post-harvest losses by 40 percent and doubling incomes in less than a year.

Our female business champions, such as SIMKAY foods, Beta Tomato, Mix Condiment, and Tomato Jos, are off-taking vegetables from our smallholder farmers and creating value, which is contributing to income and post-harvest management.

Nationwide, we have advocated for the use and adoption of plastic crates to replace raffia baskets, which have contributed to post-harvest losses experienced by farmers and contributed immensely to environmental health challenges in major markets, such as Mile12 in Lagos.

Our efforts have resulted in advocating for a CRG increment for plastic production from 30-50 percent, which is currently approved by the National Council of Agriculture and Food Security and fully implemented by our partner NIRSAL.

This will attract investment and increase the production and circulation of plastic crates in the sector and further reduce post-harvest losses.

We’ve also successfully piloted solar pump irrigation systems for entrepreneurial and smallholder farmers, particularly women.

This innovative initiative has significantly enhanced farm operations by providing a reliable and sustainable water source, thereby improving crop productivity.

Additionally, the adoption of solar-powered irrigation systems has played a pivotal role in mitigating the effects of climate change, offering farmers a resilient solution to irregular rainfall patterns and water scarcity.

What are the greatest threats to Nigeria’s horticulture sector, and how can it be fixed?

These are key standouts: climate variability and water scarcity, insecurity and logistics disruptions, weak policy and regulatory frameworks, land access and labour constraints, especially for women in the North and farmers in the South and pest and disease pressures like Tuta absoluta causing up to 80-100 percent yield losses.

Others are: high post-harvest losses due to weak cold chain infrastructure, limited access to finance, with a N440-N660 billion funding gap for the horticulture sector, and a weak digital farmer database for the horticulture sector.

We need sustained investment in irrigation, cold storage, and rural infrastructure; a stronger role for private-sector logistics; and predictable government policies that encourage investment.

Public-private partnerships, embedding eco-efficient pest management, introducing financial guarantees, and piloting protected farming systems to buffer against climate shocks like those piloted under HortiNigeria, show the way forward.

What were the strategies implemented by the programme to support farmers in reducing their post-harvest losses, and how did it measure their effectiveness?

We’ve installed solar-powered cold rooms and aggregation hubs with partners like Ecotutu, Soilless Farm Lab, and NIHORT, shifted farmers from raffia baskets to plastic crates with standardized designs, introduced on-farm training on harvesting, grading, and transport practices and developed market linkage contracts to shorten time-to-market and empower female business champions to process those vegetables to powder and puree.

Effectiveness is measured via baseline and follow-up loss assessments. In some program locations, post-harvest losses fell from >50 to ~17 percent in some locations, and income rose by over 200 percent. We also injected 33,000+ crates into the Mile 12 market to professionalize handling.

What are the opportunities in the Nigerian horticulture sector?

The opportunities are significant: expanding production of high-value vegetables for domestic and export markets, investment in cold chain logistics and processing (purees, dried vegetables, frozen produce), greenhouse farming and drip irrigation services, digital platforms for input supply and market access and youth- and women-led agri-enterprises in aggregation, storage, and transport.

Nigeria’s growing urban population, changing diets, and regional trade agreements make horticulture one of the most dynamic parts of agriculture.

What have been some of the biggest challenges faced by the HortiNigeria program, and how were they addressed?

Challenges included insecurity, inflation, climate variability, removal of fuel subsidies, and rising CBN interest rates from 18.75 to 27.50 percent, which hit MSME access to credit.

Women faced land- access barriers in the North; in the South, urban expansion squeezed arable land and labour availability.

We adapted by relocating training hubs to safer areas, piloting digital extension, introducing home gardening and seedling production specifically for women, and engaging financial institutions to co-develop credit products. We also mobilized grants to pilot innovative models before scaling them commercially.

Now that the HortiNigeria Programme is coming to an end, is there any framework in place to ensure its sustainability beyond the initial funding?

Yes. From the beginning, we embedded sustainability in our approach. We’ve developed Agribusiness clusters in the north and Hubs in the south – local actors who will continue delivering services. We’ve strengthened input dealer networks, linked them to finance, and

established vegetable learning sites at the Center for Dryland Agriculture, BUK Kano, ABU Zaria and Saadatu Rimi College of Education, Kano, in collaboration with the institution managements.

We’ve also nurtured partnerships with Dutch companies like East-West Seed, Rijk Zwaan, Syngenta and Afri Agri, and with Nigerian financiers to co-invest in cold chain, protected agriculture, and pest management systems.

This is all about moving from aid to trade and investment, ensuring continuity beyond donor funding.

What lessons have been learned from implementing the programme, and how have these informed future plans?

We’ve learned that inclusion must be intentional; women and youth only benefit when programs are designed specifically for them.

We’ve also seen the power of integrating formal, informal, and semi- formal networks – for example, linking farmer cooperatives with private off-takers and including government agencies.

Five core lessons stand out: Inclusion must be intentional – reaching 40 percent women and 50 percent youth requires targeted design.

Infrastructure investments amplify impact – cold chain, irrigation and mechanization must be integral. Integrated pest management can be institutionalized nationally – using the Tuta absoluta model. Finance requires de-risking – guarantee schemes and blended finance unlock private capital. Aid-to-trade transition is viable – early engagement of Dutch and Nigerian businesses yields sustained investment.

Looking forward, we’re advocating for a National Horticulture Policy, exploring expansion of our Agribusiness Clusters, and scaling eco-efficient pest management and protected agriculture nationwide.

With the right investment environment, Nigeria could double horticulture exports to $500 million by 2030, drastically reduce post-harvest losses, and create thousands of jobs.

Nigeria@ 65: Doctors flee as citizens shoulder healthcare burden

Nigeria marks 65 years of independence with a health system once celebrated as a beacon of modern medicine now drained of the very healers needed to keep it alive. Citizens are left to navigate a system that can’t even provide even the most basic care.

At independence, health institutions such as the University College Hospital (UCH) in Ibadan were proud examples for medical advancement, attracting patients from West Africa and beyond. However, that image is fading fast.

From primary healthcare centres to teaching hospitals, healthcare providers such as doctors, nurses, and specialists are leaving in droves. Over 15,000 nurses migrated to the UK in the last five years, while nearly 20,000 doctors exited the system between 2005 and 2024, according to the National Association of Resident Doctors. The result is that Nigeria now has just 2.9 doctors per 10,000 people, a fraction of the World Health Organization’s recommended 17 per 10,000.

The exodus reflects the rot that has long plagued the sector-dilapidated infrastructure, obsolete or absent equipment, poor welfare, and harsh working conditions. Primary healthcare centres, the backbone of care delivery, often lack electricity, clean water, and even essential medicines.

‘The health sector has retrogressed significantly. In the 60s, we had quality medical services that were affordable, and even free. A medical doctor on employment was given a car. What I see now is shocking,’ said Olayinka Oladimeji, former director, Primary Healthcare Systems Development.

Brian Deaver, chief executive officer of African Medical Centre of Excellence, put it more bluntly. ‘Nigeria will struggle to deliver healthcare for citizens if health professionals remain unappreciated and burned-out. If we want a system that heals, we must start by building environments where caregivers thrive,’ he told a BusinessDay health conference.

Experts argue that these deficiencies are symptoms of decades of underfunding, underinvestment and lack of political will from the very leaders who choose foreign healthcare, which costs the nation about $2 billion in annual losses.

According to Adetolu Ademujimi, technical advisor, Health Financing, APIN Public Health Initiatives, the loss of workforce is currently the biggest challenge, but the foundational challenge remains the funding structure.

According to him, the constitution gives the federal government more funds, while states and local governments with the largest population of healthcare needs take barely 20 percent and 18 percent respectively.

Experts believe this underfunding has created a system highly dependent on household spending, making healthcare more expensive for citizens and pushing millions into poverty.

Over 70 percent of healthcare costs are borne by patients, placing the country among the highest globally, and demonstrating government’s failure to achieve the Universal Health Coverage (UHC).

Health insurance coverage is crawling with barley 20 million Nigerians covered out of the estimated 220m citizens. Public health financing remains at around 5 percent of total expenditure, far below the 15 percent target.

Consequently, a 2024 World Bank report noted that health-related expenses pushed over one million Nigerians into poverty yearly. For millions, seeking care means deciding whether to buy drugs or pay school fees

The country has one of the world’s highest maternal mortality rates, as women delay antenatal visits or deliver at home to avoid fees. Patients with diabetes or hypertension ration drugs or abandon treatment to avoid catastrophic spending.

Only about two million indigent Nigerians have financial protection under the Basic Healthcare Provision Fund out of the over 83 million identified as vulnerable population.

Former President Olusegun Obasanjo, reflecting on the country’s healthcare last month, lamented the cost of care.

‘Our most critical challenges are access to quality and affordable health care for all. When I reflect on the Nigeria we envisioned at independence, and even more so during my years of service in government, health care was never meant to be a luxury. It was to be a fundamental right, accessible 365 days. This was what was envisaged for Nigeria. Yet, we know the truth,’ he said.

Not all gloom

But it’s not all gloom and doom. Nigeria has seen some growth in private healthcare and investment, having attracted more than $4.8b billion particularly in local pharmaceutical manufacturing, boosted by government policy incentives, according to the presidency. The cut in international aid is also forcing the government to rethink health financing, and deepen partnership with the private sector.

Furthermore, Nigeria’s disease surveillance capacity has improved with the Surveillance Outbreak Response Management and Analysis System and the establishment ofPublic Health Emergency Operations Centres. Laboratory infrastructure has also been upgraded, with advanced molecular technologies enabling quicker identification of pathogens. The country’s Joint External Evaluation score under International Health Regulations rose from 39 percent in 2017 to 54 percent in 2023, a sign of progress.

For Oladimeji, the low-hanging fruit lies in decentralising the system and revamping primary healthcare facilities for immediate impact.

Tanker fire claims lives, destroys vehicles on Abeokuta-Sagamu Expressway

An unconfirmed number of people have died in a tanker fire accident that broke out around 1am on Friday along the Abeokuta-Sagamu Expressway in Ogun State.

Babatunde Akinbiyi, spokesperson for the Ogun State Traffic Compliance and Enforcement Agency (TRACE), said the incident occurred after a 33,000-litre petrol tanker overturned due to excessive speeding and spilt its contents on the highway. The impact of the crash triggered a fire that spread to nearby vehicles and electric poles, destroying a truck, a tow vehicle, and a power cable supplying electricity to Mowe and surrounding communities. ‘Though the casualty figures cannot be ascertained presently, rescue and emergency services made up of TRACE, Ogun State and Nestlé PLC Fire Service, FRSC, and the Police are still on the ground to restore normalcy and orderliness after quenching the fire and carrying out the decantation process,’ Akinbiyi said.

He added that traffic in the area had been diverted to a single lane as responders worked at the scene, urging motorists to remain calm and cooperate with diversions and rerouting put in place by TRACE, the police, fire service, FRSC, Amotekun, and the NSCDC. ‘Any inconveniences as a result of this unfortunate incident are highly regretted,’ he said.