ICE 2026: CIPM boss charges HR professionals on value creation, impact delivery

Human Resource (HR) professionals in Nigeria have been urged to move beyond measuring activity, and focus, instead, on creating value and delivering impact.

The President and Chairman of the Governing Council of the Chartered Institute of Personnel Management of Nigeria (CIPM), Mallam Ahmed Ladan Gobir, gave the charge while welcoming over 5,000 delegates: 4,000 physical and 1,000 virtual, to the ongoing 58th International Conference and Exhibition of the institute, tagged: ‘Repositioning for Value and Impact,’ in Abuja.

Mallam Gobir stated further that organisations must increasingly assess success, not by the volume of work performed, but by the difference that work makes to business performance, productivity and growth.

He explained that this year’s edition of the conference, builds on conversations from previous editions, which had their focus on resilience and the future of work, adding that the 2026 conference represents a call to translate ideas into outcomes and ensure that people management contributed meaningfully to organisational and national development.

The CIPM boss further stated that the conference provided the delegates the opportunity to examine how organisations can strengthen performance, improve productivity and create measurable value in a rapidly evolving world of work.

In his keynote address delivered to the audience, comprising: business leaders, policymakers, HR practitioners, academics and development experts from across Nigeria, the Honourable Minister of Labour and Employment, Dr. Muhammadu Maigari Dingyadi, described the gathering as an important platform for addressing contemporary workplace challenges and advancing workforce development.

He commended CIPM for creating a forum that brought together practitioners, policymakers, employers, academics and other stakeholders to exchange ideas, share experiences and develop practical responses to issues shaping the world of work.

The Minister further acknowledged the Institute’s longstanding contribution to promoting ethical leadership, professional excellence and effective people management, while applauding its leadership for sustaining the conference and championing high standards of professionalism in HR in Nigeria

The Head of Service of Lagos State, Mr. Bode Agoro, also commended CIPM for its role in professionalizing HR Management in Lagos State and across Nigeria.

Similarly, the Chairman of the Federal Civil Service Commission, Prof. Tunji Olaopa, expressed the delight that the institute has consistently worked to raise the standards of people management while building the capacity of people managers nationwide.

He also reaffirmed the Commission’s commitment to strengthening its partnership with the Institute as a reform partner in the Nigerian Civil Service.

Speaking on behalf of the President of the National Industrial Court of Nigeria, Hon. Justice Rakiya Bosede Haastrup, highlighted the importance of developing people and promoting sound workplace practices, describing such efforts as essential to national development.

Bauchi Stakeholders call for maternal, neonatal tetanus elimination

Stakeholders in the Bauchi State health sector have called for increased public awareness, immunisation and community participation to accelerate efforts to eliminate maternal and neonatal tetanus in the state.

The call was made during a Maternal, Neonatal and Tetanus Elimination (MNTE) media engagement held at the MHWUN Secretariat in Bauchi.

The engagement brought together health officials, media practitioners, traditional rulers and religious leaders to discuss ways of strengthening efforts to prevent the disease.

Speaking at the event, Mohammed Ribado Jibrin, State Health Education Officer, Bauchi State Primary Health Care Board, said the meeting was organised to provide stakeholders with accurate information on MNTE and strengthen public health education across communities.

He urged journalists and broadcasters to use their platforms to disseminate credible health information, particularly to women of reproductive age and families, while encouraging communities to make use of available healthcare services.

Also speaking, Nasiru Shuabu, State Immunisation Officer, Bauchi State Primary Health Care Board, said symptoms of tetanus include severe muscle stiffness and difficulty opening the mouth.

He urged anyone experiencing such symptoms to seek medical attention promptly.

Shuabu identified immunisation, hygienic childbirth practices and proper umbilical-cord care as key measures for preventing maternal and neonatal tetanus.

He also urged traditional and religious leaders to support awareness campaigns across the selected local government areas.

The engagement was attended by local government representatives, including Garba Musa, Chairman of Kirfi Local Government, and Hon. Saleh Hodi Jibir, Chairman of Shira Local Government.

The selected local government areas are Ningi, Kirfi, Itas-Gadau, Shira, Giade, Darazo and Tafawa Balewa.

Nigeria, US deepen critical minerals partnership with investment framework

Nigeria and the United States have signed a framework agreement to deepen cooperation and attract American investment into Nigeria’s mining sector, with emphasis on critical minerals, local processing and value addition.

The agreement, signed in New York on Wednesday by the Minister of Solid Minerals Development, Dele Alake, and the US Deputy Secretary of State, Christopher Landau, is expected to provide a platform for business-to-business transactions and investments in Nigeria’s estimated $700 billion mineral resources.

A statement by the Special Adviser to the Minister, Kehinde Bamigbetan, said the framework would strengthen cooperation between both countries on geological data and exploration, mineral development and processing, infrastructure and technical capacity.

Welcoming Landau and the US delegation to the signing ceremony at Nigeria’s Mission House in New York, Alake described the agreement as a framework capable of shaping the future of Nigeria’s mining industry.

He said, ‘Some agreements manage the present, and some agreements shape the future. The framework we sign today belongs to the second kind.’

According to him, Nigeria and the US had, through the agreement, affirmed a shared commitment to ensuring that critical mineral supply chains were secure, resilient and built on responsible investment.

Alake said Nigeria’s ambition was not to remain a supplier of raw materials while other countries captured the greater value from its mineral resources.

‘Our goal is to turn potential into lasting value at home through stronger local processing, new skills, quality jobs, and new opportunities for Nigerian businesses,’ he said.

The minister said the framework would enable both countries to collaborate on geological data, exploration, mineral development and processing, infrastructure development and technical capacity.

He added that effective implementation of the agreement would support the economic diversification objectives of President Bola Tinubu’s Renewed Hope Agenda and accelerate industrial growth.

Alake, however, said the signing was only the beginning of the process, stressing that both countries must now translate the agreement into concrete investments and projects.

‘Now comes the harder and more important work: moving from agreement to implementation. A signature is a promise, results are the proof. In the months ahead, we will identify viable projects, mobilise investments and build the commercial partnerships that deliver measurable benefits to our nations,’ he said.

Responding, Landau said the United States regarded Nigeria as a key partner, describing the country as Africa’s fastest-growing economy, its most populous nation and a regional power.

He said the agreement would create opportunities for greater prosperity in both countries, adding that the United States was willing to support Nigeria’s economic growth.

‘The signal we are sending is that the United States and Nigeria are partners,’ Landau said.

He added that the administrations of US President Donald Trump and President Tinubu had achieved several milestones in bilateral relations over the past one and a half years.

‘Under President Trump and President Tinubu’s leadership, the United States and Nigeria have done many things together in the last one and a half years that we’ve never done before. I think we will like to keep building on that momentum,’ he said.

Members of the US delegation included the Deputy Assistant Secretary for West African Affairs, Rich Michaels; the Acting Deputy Assistant Secretary for Southern Africa, Foreign Assistance and Critical Minerals, Chris Kulukundis; the Senior Policy Adviser to the Deputy Secretary, Wyatt Toehlkeke; and Jitu Sardar.

The Lagos State governor, Babajide Sanwo-Olu; the Permanent Secretary, Ministry of Solid Minerals Development, Engr Yusuf Yabo; the Director-General, Nigerian Mining Cadastral Office, Engr Simon Nkom; the Executive Secretary, Solid Minerals Development Fund, Hajiya Fatima Shinkafi; and the Chief Executive Officer, Nigeria Solid Minerals Company, Martin Imonitie, witnessed the signing ceremony.

Politics, weak regulation are failing Nigeria’s health system -Ex-PSN president, Akintayo

Healthcare and science are constantly evolving. The rules, responsibilities and expectations within the health sector also change with time. Therefore, we must continually examine our health system and ask whether it is adequately positioned to meet the needs of Nigerians.

Nigeria has consistently struggled with the performance of its health system. At one point, the country was ranked somewhere around the 120s among global health systems. I may not remember the exact position, but the point is that our performance has been poor.

If we are serious about building a healthier future, universal health coverage is one practical route to achieving it. But universal health coverage cannot be achieved without the appropriate health professionals and without assigning those professionals responsibilities that correspond with the needs of the population.

One area we need to look at seriously is community pharmacy. The United Kingdom provides an interesting example. During COVID-19, many physician surgeries and clinics were shut down or significantly restricted, but community pharmacies continued to provide essential services. The UK government subsequently invested £300 million to strengthen community pharmacy.

By May 2026, there was another £380 million investment under the Pharmacy First initiative. The objective was to transform community pharmacies into primary clinical-care points and reduce the burden on general practitioners.

Nigeria needs to recognise that community pharmacies can also serve as important primary-care facilities.

Pharmacists can provide basic screening for non-communicable diseases such as hypertension and diabetes. They can operate pharmacy-based clinics and contribute to maternal and child health education and advocacy.

In rural communities especially, the pharmacy may be one of the closest and most trusted health facilities available to people. Pharmacists can counsel patients on nutrition, folic acid, pregnancy-related issues and other basic health matters.

The issue is not simply about giving pharmacists more responsibilities. We must also create the enabling environment, provide the necessary training, establish appropriate guidelines and ensure that these responsibilities are properly regulated.

We have seen similar initiatives in other countries, including the United States, where community pharmacy clinics have received significant support. Unfortunately, many Nigerian professionals leave the country because they believe other environments provide more conducive conditions for professional practice.

How do we ensure that pharmacists and other health professionals do not go beyond their scope of practice? We have seen situations involving traditional birth attendants, for example, and conflicts between different health professions. How do we manage that?

Government has a responsibility to regulate the health system. Where professionals go beyond their scope, there must be appropriate regulatory mechanisms. However, the existence of violations should not prevent us from advancing the health system.

We have to consider our local peculiarities, the availability of health professionals and the realities of the communities we are trying to serve. Policies must be constantly reviewed and strategies adjusted.

There is no policy that is completely foolproof. What matters is good management, continuous monitoring and the willingness to correct defects when they are identified.

Traditional birth attendants, for example, were used in many rural communities because there were insufficient numbers of formally trained professionals. If that arrangement is not producing the desired results, then we should redesign the system rather than simply ignore the problem.

When you were President of the Pharmaceutical Society of Nigeria, what was the biggest barrier to empowering pharmacists? And is that barrier still present in 2026?

The biggest barrier is political. I have always argued that there is an informal system within our health sector that tends to favour physicians. A large proportion of leadership positions in government health institutions are occupied by physicians.

Under the current administration, for example, there are several physicians within the Federal Executive Council, and most of the chief executives of health-sector agencies are also physicians, with some exceptions involving specialised agencies and regulatory councils.

The implication is that one professional perspective becomes dominant in shaping the health system.

I became President of the Pharmaceutical Society of Nigeria in 2012 and left the position in 2015. Unfortunately, very little has changed since then. We repeatedly sent memoranda to the Ministry of Health and the National Primary Health Care Development Agency on the need to properly integrate community pharmacists into primary healthcare.

COVID-19 demonstrated what pharmacists are capable of doing. The National Primary Health Care Development Agency engaged about 250 community pharmacies for COVID-19 vaccination. In less than six months, those pharmacies administered vaccines to more than 75,000 people.

That demonstrated that community pharmacies can contribute significantly to immunisation. Why should people have to wait for special immunisation days when a properly regulated pharmacy within their community can provide access throughout the year?

How do we move from this professional competition to a system where pharmacists, nurses, doctors, laboratory scientists and other professionals genuinely work as a team and are respected for their respective roles?

We need strong and bold leadership. Sometimes, professional groups can exert enormous pressure on political leaders. In the health sector, physicians have historically been able to use strikes and other forms of industrial pressure to influence government decisions.

Government must be prepared to engage with professionals and negotiate fairly on welfare issues, but it must also protect the broader interests of the health system. Take the example of former Lagos State Governor Fashola. Governor Fashola sacked LASG doctors who kept holding Government to ransom through recurrent strike action at some stage in his stewardship in Lagos State. Government sometimes has to stand firm when faced with professional pressure while still ensuring that legitimate welfare concerns are addressed.

There have also been discussions around joint health-sector unions and demands that have existed since 2014. The adjustment of CONHESS since January 2, 2014, as it relates to non-physician cadres of health workers, is continually being sabotaged. Even when President Bola Tinubu promised a redress after a JOHESU advocacy visit on June 5, 2023, during a nationwide strike by health workers in the early days of his administration, the promise was jeopardised.

These issues should not continually be reduced to a situation where one professional group threatens industrial action and government is forced to respond.

We need a health system in which every profession has a voice and where policy decisions are based on the overall needs of the health system.

You have used the phrase ‘the politics of the health sector.’ What exactly do you mean by that?

Look at the composition of the National Council on Health. At the state level, you have commissioners and permanent secretaries of health. At the federal level, you have the health ministers, and many of the heads of health-sector parastatals are physicians.

If you put 100 people in a room and approximately 90 of them come from one profession, it is inevitable that the thinking and policies emerging from that room will be heavily influenced by that profession. That is what I mean by the politics of the health sector.

I am also concerned about the leadership of the Federal Ministry of Health under Muhammad Pate. In my view, being a physician does not automatically make someone a health-sector leader. Leadership of the health system requires an understanding of the contributions of all the health professions.

One major issue is the failure, as I see it, to properly constitute the boards of professional regulatory councils and the boards of management of health institutions. Without properly constituted regulatory councils, how do you effectively discipline practitioners? How do you regulate companies? How do you accredit institutions?

There have also been efforts to establish a national health-facility regulatory structure that, in my view, could place too much control in the hands of one profession.

We resisted similar provisions when the National Health Act was being developed. We have also seen proposals to place physicians on the councils regulating professions such as nursing, physiotherapy and medical laboratory science.

I do not believe that is the right direction. A professional council should be allowed to regulate its own profession while working within the broader framework of the health system.

Q: What is the implication of these policies for the public health system?

A: One of the biggest concerns is the conversion of publicly guaranteed markets into private commercial interests.

Take the Drug Revolving Fund. Government provides funds for the procurement of medicines. Those medicines are then sold with a modest markup, often around 30 per cent, so that the money can revolve and sustain the supply of medicines. There are examples of public hospitals that developed their pharmacy operations successfully without destroying that system.

At the National Orthopaedic Hospital in Lagos, for example, the pharmacy department developed a pharmacy outlet around 2014 worth more than ?200 million. It included facilities for manufacturing and other pharmaceutical activities. That model demonstrated that public hospitals can develop sustainable pharmaceutical services.

My concern is that under the current system, some federal hospitals are allowing private interests to take over portions of the drug supply chain through arrangements where, for example, the private operator receives 70 per cent and the hospital receives 30 per cent.

In my view, such arrangements raise questions under the Public Procurement Act of 2007 and the Pharmacists Council of Nigeria Act of 2022. There are also legal challenges relating to some of these arrangements.

What about the Basic Health Care Provision Fund?

The National Health Act of 2014 established a provision of one per cent of the Consolidated Revenue Fund for basic healthcare. There have also been discussions and resolutions around increasing that allocation to two per cent, but the original one-per-cent provision itself has not been consistently adhered to.

The fund is intended to support areas such as social health insurance and the procurement of essential medicines. Government should remain the custodian of the quality and security of essential medicines.

I am concerned about arrangements in which essential medicines are procured through private companies without sufficient consideration of their experience, capacity and regulatory standing.

For example, there has been discussion around a company referred to as Medipool. My concern is that a company with limited experience in pharmaceutical wholesaling and distribution should not automatically be placed at the centre of the national essential-medicines supply chain.

Many states already have drug management agencies operating through registered pharmacies and established systems. If the federal government introduces a private arrangement without properly considering these existing structures, there could be significant consequences.

You have also raised concerns about corruption within the health sector. Where does this manifest?

One example is the use of amenity or private wards within public hospitals. There are situations where consultants allegedly divert patients from the public system into private arrangements, with payments going into private accounts while government facilities, drugs, theatres and other public resources are still being used.

The corruption in the procurement mechanisms of the federal health institutions (FHIs), because they are without Boards of Management, has reached an apogee.

That is a form of leakage within the health system. The ICPC rated the MDAs in the health sector as the most corrupt. The public health system must be protected from arrangements in which private interests benefit disproportionately from resources that belong to the public.

Let us turn to fake medicines. We still have unlicensed drug shops and patent medicine vendors operating beyond their permitted scope despite the existence of regulations from the Pharmacists Council of Nigeria. Why does the problem persist?

Drug regulation is a complex issue. Under the constitutional arrangement, drug matters fall under the Exclusive Legislative List. The Poison and Pharmacy Act, including provisions relating to patent medicine vendors, gave the minister significant powers.

At a particular point, those powers were delegated to 774 local government areas. That resulted in hundreds of licensing authorities across the country instead of one central licensing agency, the PCN. This development is the foundation for the proliferation of unregistered drug outlets, estimated at about three million nationwide.

The proliferation of medicine shops is partly a consequence of that arrangement. The regulatory challenge is made worse by the limited number of inspectors available.

The Pharmacists Council of Nigeria has fewer than 200 pharmaceutical inspectors. NAFDAC also faces significant capacity constraints. So, while the number of premises continues to increase, the regulatory capacity required to monitor them does not increase at the same rate.

How important is the pharmaceutical industry to Nigeria’s economy and health security?

It is extremely important. The pharmaceutical sector is specialised and strategically important. The availability of quality medicines is central to the credibility of any health system.

There is also a major economic opportunity. The pharmaceutical industry contributes significantly to the economies of countries such as the United States, China and India. Nigeria’s pharmaceutical market is currently estimated at around $2 billion, but there is potential to grow it substantially, potentially towards $10 billion.

There are companies and investors already trying to expand pharmaceutical manufacturing in Nigeria. We have seen investments in active pharmaceutical ingredients, HIV medicines, cephalosporins and other areas.

There have also been discussions around large investments in the production of pharmaceutical raw materials.

This is why I believe the President should establish a dedicated presidential committee on the pharmaceutical sector. Such a committee should examine the entire pharmaceutical value chain, including illegal premises, manufacturing, distribution and the implementation of national drug-distribution guidelines.

More than 70 per cent of medicines are imported. How do foreign exchange pressures, raw-material costs and government policy affect pharmacists and patients?

We need to be very clear about the issue of VAT. The pharmaceutical sector has not treated VAT as a major component of pharmaceutical operations for more than a decade. So, removing VAT alone will not solve the fundamental problem. The bigger issue is drug security and self-reliance.

COVID-19 demonstrated the danger of depending heavily on imported medicines. At various points, countries such as India restricted the export of certain pharmaceutical products. When that happens, countries that depend heavily on imports become vulnerable.

We also need to consider the security implications of weak borders and uncontrolled drug channels. Products entering through informal channels may pose serious risks to patients.

Nigeria must develop the capacity to produce active pharmaceutical ingredients and finished medicines locally. We have approximately five world-class pharmaceutical manufacturing plants, but our production environment is not yet sufficiently competitive for us to become a major global pharmaceutical manufacturing destination.

Trade waivers and temporary interventions are not sustainable solutions. We need legislation, proper funding and policies that deliberately promote local pharmaceutical manufacturing.

The National Drug Policy 2021 emphasises affordability, accessibility and efficacy. But if pharmaceutical companies are forced to source foreign exchange at extremely high rates, achieving those objectives becomes difficult.

Government should therefore develop legislation that promotes local industry and discourages unnecessary imports of products that can be manufactured locally, including luxury pharmaceutical products.

NAFDAC has made efforts in this area, but there needs to be much broader stakeholder consultation.

There are new drug-distribution guidelines and proposals around mega-drug markets or centres. Will these help or hurt legitimate community pharmacists?

They should not be described simply as mega-drug markets. The concept is Coordinated Wholesale Centres, or CWCs. The idea originated within the Pharmaceutical Society of Nigeria during my presidency, with support from the Health Ministry, PCN and NAFDAC.

The first phase identified centres in Sabon Gari in Kano, Bridge Market in Onitsha, Ariaria in Abia and Idumota in Lagos. Kano State eventually built the first Coordinated Wholesale Centre in Kano. The centre displaced the old Sabon Gari market and was commissioned about four years ago. It is still operating.

The presence of the Pharmacists Council of Nigeria, NAFDAC and the police provides a more structured environment for regulation and enforcement. This model can improve the quality and security of medicines.

The Federal Ministry of Health needs to entrench the concept rather than allow it to remain dependent on individual initiatives. Again, this is why I believe a presidential committee is necessary.

Look at the United States. Some chain pharmacies generate millions of dollars in turnover from a single outlet, and major chains operate thousands of outlets. There is enormous economic potential in a properly organised pharmaceutical distribution system.

NAFDAC carries out raids and seizures, yet fake medicines keep returning to the market. What structural enforcement measures would work in 2026?

We must address the structures and markets that absorb fake medicines. As long as the demand exists and the distribution structures remain in place, fake medicines will continue to return.

We need to properly fund regulatory agencies and strengthen the laws. The Fake Drug Act needs to be amended. Some of the current penalties are far too low. A fine of ?500,000 is not sufficient deterrence for someone who may be making millions from counterfeit medicines.

We need substantially heavier fines, potentially in the range of ?25 million to ?50 million, together with forfeiture of assets and proceeds derived from the illegal activity.

There should also be consideration of the responsibilities of landlords who knowingly provide premises for illegal pharmaceutical activities.

Regulatory councils must also be functional. NAFDAC and the Pharmacists Council of Nigeria need more inspectors, better salaries, adequate legal support and protection for personnel working in dangerous environments.

Regulatory agencies should also be able to reinvest internally generated revenue into enforcement.

For example, agencies operating at airports have mechanisms for generating and using revenue to sustain their operations. Pharmaceutical regulators should have similarly sustainable funding arrangements.

I have been involved in this sector for about 40 years, and we are still discussing many of the same problems. That means we have to continuously strategise and restrategise.

Who should take the blame for the proliferation of fake medicines? Is it the government, the consumers or the system itself?

Everyone in the value chain has a responsibility. Government has a responsibility because of poor funding, weak laws and inadequate regulation.

Consumers also have a responsibility. People sometimes knowingly patronise unregistered premises because they believe the prices are cheaper or because they want medicines without proper prescriptions.

There are situations where people break seals, enter through back doors or deliberately seek out illegal sources. More broadly, we have developed a culture where people believe they can operate outside the rules without consequences.

That culture of impunity has to change. In about 40 years of practice, it was only recently that I saw a Nigerian court sentence someone operating a pharmacy facility to imprisonment for unlawful dispensing of medicines. That was a Federal Court in Calabar, around May or June of this year. We need more effective enforcement.

What does the law actually say about who can dispense and prescribe medicines?

Only registered pharmacies should dispense medicines. There are also specific categories of professionals who are legally authorised to prescribe medicines. These include registered medical practitioners, veterinary doctors or surgeons, and dentists.

Yet many private hospitals dispense medicines directly. The problem is not necessarily the absence of laws. The problem is enforcement. NAFDAC, the Pharmacists Council of Nigeria and other relevant regulatory institutions have responsibilities, but those responsibilities must be properly enforced.

There are also concerns about the prices patients pay in private hospitals and pharmacies.

A World Health Organisation study cited differences in medicine prices, with private hospitals reportedly charging more than 192 per cent of the public pharmacy baseline and private pharmacies around 185 per cent. These are issues that must be addressed if we genuinely want affordable healthcare.

APC, Chinese communist party open discussions on cooperation

All Progressives Congress (APC) and the Chinese Communist Party (CCP) have commenced discussions on strengthening cooperation between the two political parties and deepening relations between Nigeria and China.

The development followed a courtesy visit by representatives of the Chinese Embassy in Nigeria, led by Chancellor Wan Ji and the Director-General of the China Centre for Contemporary Studies, to the APC National Secretariat on Thursday.

The delegation was received by the APC National Chairman, Prof. Nentawe Goshwe Yilwatda, alongside other members of the party’s National Working Committee (NWC).

According to a post on the ruling party’s official X handle, the meeting focused on ways to enhance cooperation between the APC and the Chinese Communist Party, as well as strengthen bilateral relations between the Nigerian and Chinese governments.

The engagement also provided an opportunity for both sides to exchange views on areas of mutual interest and explore avenues for closer ties.

UNGA 2026: Elumelu calls for stronger US-Africa trade, investment partnership

Group Chairman of Heirs Holdings, Tony Elumelu, CFR, has called for a fundamental shift in Africa’s development model-from dependence on foreign aid to trade, investment, entrepreneurship and private sector-led growth.

Elumelu, who made the call during a fireside chat on the sidelines of the United Nations General Assembly (UNGA), argued that Africans must increasingly drive Africa’s economic transformation.

The session, titled the ‘Darryl G. Behrman Lecture on Africa Policy’, was moderated by Michael Froman, President of the Council on Foreign Relations (CFR). It examined Africa’s changing role in the global economy, entrepreneurship, energy security, private sector development and the future of US-Africa relations.

He stated that global institutional investors and international policy partners must move beyond outdated perceptions of Africa as an aid-dependent continent and instead engage with it as a lucrative, high-return destination for commercial investment and private-sector partnerships.

Elumelu also challenged international investors to close the stark gap between perceived risk and operational reality when assessing African markets.

He stressed that treating Africa as a monolithic, high-risk entity overlooks the immense economic dynamism across its 54 distinct nations.

The businessman also maintained that industrialists and global capital seeking growth can find some of the world’s highest investment returns on the continent, provided foreign investors form strategic co-investment partnerships with credible local business leaders who understand the terrain.

Elumelu reaffirmed his core economic philosophy of Africapitalism, arguing that Africa’s long-term economic transformation must be driven primarily by its own private sector.

He noted that while aid programs can provide short-term relief, they cannot build sustainable industries or replace the structural impact of deploying domestic capital.

He called on foreign venture capital firms, pension funds, and development finance institutions to work directly with local financial institutions to fund critical infrastructure and power key trade corridors.

Turning to youth demographic trends, Elumelu described young African entrepreneurs not merely as economic actors, but as a crucial pillar of continental security and global stability.

He argued that addressing youth unemployment is an urgent priority to stem irregular migration and prevent social instability.

Drawing on the work of the Tony Elumelu Foundation, which committed $100 million to empower young African entrepreneurs, Elumelu showed how providing $5,000 in non-refundable seed capital alongside business training can catalyse organic job creation across rural and urban communities.

He urged international philanthropies, multilateral agencies, and corporations to help scale these youth-led micro, small, and medium enterprises.

Addressing energy security and climate policy, Elumelu advocated a pragmatic and equitable approach to the global green transition.

He pointed out that with more than 600 million Africans still lacking basic access to electricity, discussions of industrial growth or digital transformation remain difficult without reliable baseline power.

Elumelu asserted that Africa must be allowed to use its abundant natural gas reserves as a critical transition fuel to power local industries and stabilise electricity grids today, while simultaneously developing long-term renewable power infrastructure for tomorrow.

Regarding trade partnerships, particularly between the United States and African economies, Elumelu insisted that future engagement must move beyond traditional concessionary frameworks. He encouraged the African Growth and Opportunity Act (AGOA) while emphasising the need to directly address the cost of getting African products produced and delivered to U.S. markets.

He said that as the African Continental Free Trade Area continues to gain momentum, bilateral trade arrangements should prioritise supply-chain integration, domestic manufacturing capacity, and the removal of regulatory bottlenecks that hinder intra-African commerce.

Concluding the session, Elumelu reminded the audience that fostering economic prosperity across Africa is ultimately a shared global interest, stating that poverty anywhere remains a direct threat to economic peace and security everywhere.

ICAN Oluyole District pays WAEC fees for 100 students

The Institute of Chartered Accountants of Nigeria (ICAN), Oluyole District, Ibadan, has paid the West African Examinations Council (WAEC) fees of 100 students as part of activities marking its second anniversary.

The beneficiaries are students of Oba Akinbiyi Model College, Ibadan, and St. Louis Grammar School, Mokola, Ibadan, with each school receiving N2 million to cover the examination fees of 50 students.

Speaking during the presentation, the Chairman of ICAN Oluyole District, Dr Olawale Dopemu, said the gesture was part of the district’s commitment to giving back to society and investing in the future of young Nigerians.

Dopemu said the initiative was also designed to encourage students, particularly those studying commercial subjects, to pursue careers in accounting and other related fields.

He said the district was adopting some students and would provide sponsorship and mentorship to selected beneficiaries through their academic journey and into professional accounting.

According to him, ‘One of the cardinal points of this group is to give back to society. As we celebrate our second anniversary, we have decided to reach out to these students and support them.

‘We want to encourage them to pick up their books and take their studies seriously. There is nothing you cannot achieve in life if you put your mind to it.’

He urged the beneficiaries to remain focused on their studies and make good use of the opportunity provided by the organisation.

The General Secretary of ICAN Oluyole District, Mrs Tolulope Olatoyan, said the initiative was aimed at impacting lives and strengthening the relationship between the accounting profession and the community.

Olatoyan said, ‘One of the things we want to achieve with the second executive of this district is to impact lives and ensure that we reach out to the community around us.

‘We are here to celebrate our second anniversary by reaching out to some of the students in the school. We are particularly interested in the commercial students because some of them are studying Accounting, Economics, Commerce and Marketing.’

The Principal of Oba Akinbiyi Model College, Mrs Adebisi Adebanji, commended ICAN Oluyole District for the gesture, describing it as a major investment in the future of the students.

Adebanji said the support would provide the beneficiaries with a platform to pursue their academic ambitions without the burden of examination fees.

She urged the students to reciprocate the gesture by taking their studies seriously and striving for excellence.

Also, the Principal of St. Louis Grammar School, Mrs Shadare Abosede, expressed appreciation to the ICAN district for coming to the aid of the students at the beginning of the new academic session.

She said the payment of the WAEC fees would remain memorable to the beneficiaries, adding that the gesture would inspire them to give back to society when they become successful.

EFCC wanted notice: Maina breaks silence, seeks notice of allegation

Former Chairman of the defunct Pension Reform Task Team (PRTT), Dr Abdulrasheed Maina, has responded to the Economic and Financial Crimes Commission’s (EFCC) declaration of him as a wanted man, calling for details of the allegation contained in the commission’s public notice.

Maina’s position was contained in a statement made available to newsmen in Abuja on Thursday by his Senior Media and Legal Assistant, Emmanuel Umahi Ekwe, Esq., following the EFCC’s publication declaring him wanted over what the commission described as an ‘alleged case of receiving stolen properties’.

The statement described the EFCC publication as a mere allegation pending the disclosure of the particulars and circumstances upon which it is founded.

The legal assistant noted that the published notice did not disclose the nature or description of the alleged stolen property, the alleged transaction, the person or persons from whom the property was allegedly received, the date or circumstances of the alleged offence, or the specific legal basis upon which the declaration was made.

The statement reads in part: ‘It would therefore be premature for us to speculate on facts that have not been made available to us.’

The statement further noted that Maina has been involved in several legal proceedings over the years, some of which have been determined, while others remain subject to the judicial process.

While cautioning against conflating the latest EFCC notice with previous proceedings or judicial determinations, Maina, in the statement, insisted that each matter should be considered on its own facts and legal foundation.

‘We are presently taking steps to obtain and examine the relevant information concerning this latest development and to advise appropriately on the legal position,’ the statement added.

Maina’s legal team also urged the media and members of the public to exercise restraint while the matter proceeds through due process.

An allegation contained in a law-enforcement publication, according to the statement, should not, by itself, be treated as a final determination of criminal liability.

The statement added that further clarification would be provided where appropriate after the necessary information had been obtained and instructions received.

MMIA buses: Where airport operations meet Nigeria’s industrial policy

There is something significant about seeing locally assembled buses operating at the Murtala Muhammed International Airport (MMIA), Lagos. Such activity is more than the movement of passengers from one point to another; it also demonstrates that local automotive manufacturing can intersect directly with aviation infrastructure.

At Nigeria’s principal international gateway, the combination of locally made buses and imported ones has become a rolling statement about what the country’s automotive industry can produce when local capacity is matched with institutional demand.

Looking inwards, what the Federal Airports Authority of Nigeria (FAAN), led by its efficient administrator, Mrs Olubunmi Kuku, has done in managing the ground transportation at the international airport is a right step in the right direction. The choice of locally assembled buses, therefore, deserves to be viewed beyond the ordinary procurement of airport vehicles.

For an industry that has spent years battling foreign-exchange constraints, high production costs, limited local content and uncertainty over policy direction, putting Made-in-Nigeria buses to work at an international airport is both commercially and symbolically important.

Some of these buses were assembled locally by Lanre Shittu Motors Limited (LSM), a Nigerian automotive company whose Managing Director, Mr Taiwo Shittu, recently used the opportunity of an oversight visit by the Governing Board of the National Automotive Design and Development Council (NADDC) to highlight the significance of the project.

His message was clear as he pleaded that local manufacturers need institutional customers willing to demonstrate confidence in what they produce. This is exactly what FAAN had done to one of the oldest car manufacturing company in the country.

Speaking on some of their buses at the airport, Mr Shittu proudly said: ‘If you go to the airport, the buses are there now,’ emphasising that the buses operating at MMIA were assembled locally by his company.

That matters because airports are not ordinary operating environments. Vehicles deployed there are subjected to intensive utilisation, operational demands and public visibility. Consequently, a locally assembled bus working at an international airport provides a practical test of domestic manufacturing capability.

It also gives passengers, foreign visitors and aviation stakeholders arriving in Nigeria an immediate encounter with a Nigerian-made product. This is where FAAN’s procurement decision acquires a broader industrial-policy dimension.

The airport Authority is not merely putting buses on the tarmac. It is, whether by design or through procurement requirements, creating a market for domestic automotive production. Such institutional demand can help manufacturers plan production, sustain employment, develop supply chains and justify further investment in assembly capacity.

That is an important consideration for public institutions such as FAAN. Procurement should not end when a vehicle is delivered. Availability of spare parts, trained technicians, maintenance infrastructure and lifecycle support ultimately determine whether an investment delivers value over time.

This is where the ‘Nigeria First policy’ must go beyond the ceremonial purchase of locally assembled vehicles. If government agencies are encouraged to patronise Nigerian-made vehicles, manufacturers must equally be required to demonstrate measurable standards in quality, reliability, maintenance and after-sales support.

The relationship should therefore, be reciprocal: government creates predictable demand and policy stability, while manufacturers deepen local content, improve quality and maintain robust support networks.

Be that as it may, every time one of those buses moves through the airport, it carries more than passengers. It carries a question about Nigeria’s industrial priorities: whether government institutions will continue to provide a dependable market for domestic manufacturers, and whether manufacturers will respond by steadily increasing local content and technological capability.

FAAN’s choice of locally made buses at Lagos Airport should therefore be seen not merely as a transport decision, but as a small yet practical test of Nigeria’s resolve to build an automotive industry around local production.

The real success of that choice will ultimately be measured not by the fact that the buses are Made in Nigeria, but by how well they perform, how long they remain operational, how much of their value chain is Nigerian and whether their success encourages more institutional demand for locally produced vehicles.

In the case of LSM specifically, some of the above challenges seem to have been addressed as assured by the MD, Mr Taiwo.

According to him, beyond assembly, the auto firm sources some components locally, including seals, lubricants and rubber products from Kano and Ogun.

The company also maintains spare parts warehouses in Lagos, Port Harcourt and Kano, supported by trained engineers to strengthen after-sales service and vehicle availability.

It is therefore expected that other vehicle assemblers will increasingly adopt similar strategies

For aviation, the LSM buses at MMIA can therefore represent more than passenger transport. They offer a visible example of how local procurement, automotive manufacturing and private investment can support Nigeria’s aviation infrastructure.

Court sacks Pantami as Gombe PDP guber candidate, orders fresh primary

The gubernatorial ambition of Prof. Isa Ali Pantami has suffered a temporary setback as a Federal High Court No. 1 sitting in Gombe has nullified his emergence as the governorship candidate of the Wike-backed main opposition Peoples Democratic Party (PDP) in Gombe State and ordered the party to conduct a fresh primary election.

The judgment was delivered by Justice Amina Aliyu Mohammed on Thursday in a suit filed by Usman Aliyu Garry, who challenged the process through which Isa Ali Pantami emerged as the party’s candidate.

Usman Aliyu Garry had argued that the PDP failed to conduct a valid governorship primary before announcing Pantami as its candidate on June 26, 2026.

Isa Ali Pantami had emerged as the party’s candidate in a contest involving other aspirants, including Abdulladir Hamma Sale, Khamisu Ahmed Mailantarki and Monica Kaltho.

The plaintiff challenged the process, contending that the party’s decision to adopt Pantami without conducting the required primary election was contrary to its guidelines and relevant electoral laws.

In her judgment, Justice Amina Aliyu Mohammed ordered the PDP to conduct a fresh governorship primary in accordance with the party’s guidelines and applicable electoral laws.

The ruling effectively nullified Isa Ali Pantami’s emergence through the earlier process and requires the PDP to commence a fresh process for selecting its governorship candidate for the 2027 election.

The judgment is the latest development in the legal battle over the PDP governorship ticket in Gombe State.