Tag: Nigeria

  • Nigeria clinches bronze medal at African Sambo tourney

    Nigeria clinches bronze medal at African Sambo tourney

    Nigeria proudly secured a podium finish at the 19th  African Sambo Championships held in Conakry, Guinea, thanks to the impressive performance of its sole representative, Ramon Kayode.

    The three-day tournament, which ran from May 24 to 26 at the Sports Palace 28 September Stadium, featured athletes from 19 countries, including Algeria, Morocco, Burkina Faso, Benin Republic, Togo, Ghana, Egypt, Cameroon, Djibouti, South Africa, Mali, Niger Republic, DR Congo, Central African Republic, Angola, and host nation Guinea.

    Competitions were held across three categories: Sport Sambo, Combat Sambo, and Beach Sambo. Representing Nigeria in the men’s 64kg Sport Sambo event, Kayode delivered a commendable performance, earning a bronze medal. The gold medal went to Morocco’s Ferhane Rabii, while Algeria’s Abderraouf Guerbaa claimed silver. Kayode shared the bronze podium with Cameroon’s Meyong Ondoa Franck.

    Read Also: Leverkusen slam €50m price tag on Boniface

    An elated Kayode described the experience as transformative, marking his debut on the international stage.

    “I cannot hide my excitement. Competing in this tournament has been an eye-opener—it broadened my understanding of Sambo and allowed me to connect with athletes from across the continent. Winning a medal in my first international outing is something I’m truly grateful for. I appreciate the Nigeria Sambo Association for this rare opportunity and hope for more tournaments like this to help us grow,” he said.

    Sheriff Hammed, Vice President of the Nigerian Sambo Association, expressed pride in the achievement. “We’re thrilled to have participated and even more so to have won a medal. This marks our second appearance at the continental level, and it’s encouraging to see our impact growing. We hope to see more Nigerian athletes rise to the top in Africa and eventually compete on the global stage,” he stated.

  • Moody’s upgrades Nigeria’s credit rating

    Moody’s upgrades Nigeria’s credit rating

    For the second time in as many months, Nigeria’s sovereign credit rating has been lifted into more favourable territory by a major international rating agency, with Moody’s Investors Service upgrading the country’s long-term issuer ratings from Caa1 to B3 and assigning a stable outlook.

    The Federal Government welcomed the development, describing it as further validation of ongoing efforts to strengthen macroeconomic stability and restore investor confidence under the administration of President Bola Ahmed Tinubu.

    Moody’s stated that its latest action reflects significant improvements in Nigeria’s fiscal and external positions, underpinned by policy measures adopted since President Tinubu assumed office in May 2023. 

    The move comes barely two months after Fitch Ratings upgraded Nigeria’s credit rating from ‘B-’ to ‘B’, also with a stable outlook, citing similar progress in macroeconomic indicators.

    In December 2023, Moody’s had already revised Nigeria’s outlook from Caa1 Stable to Caa1 Positive, making the current upgrade to B3 the second positive action from the agency in less than a year.

    The transition from Caa1 to B3 signifies a one-notch improvement in Nigeria’s creditworthiness. While the rating still indicates a high risk of default, it no longer falls within the “very high” risk category. This shift is seen as an indication that Nigeria is making progress in addressing vulnerabilities that have plagued its economy, including foreign exchange distortions, fiscal pressures, and debt sustainability challenges.

    The upgrade signals growing confidence in Nigeria’s economic management and is expected to strengthen its appeal to international investors. A stronger credit profile typically results in lower borrowing costs on international capital markets, improved access to foreign capital, and increased foreign direct and portfolio investments.

    Moody’s attributed its decision to the government’s commitment to correcting macroeconomic imbalances, deepening fiscal transparency, and pursuing structural reforms. Notable among these, according to the agency, are ongoing tax reforms and the adoption of a more flexible, market-driven foreign exchange regime, which has led to a more efficient allocation of resources and a bolstering of the country’s external reserves.

    Responding to the development, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said the upgrade reflects the administration’s determination to achieve economic stability and sustainable growth.

    “We are encouraged by Moody’s recognition of our reform agenda,” Edun said. “This positive outlook reflects our administration’s determination and the tremendous work being carried out across various Ministries, Departments, and Agencies (MDAs)—including our monetary policy authorities at the Central Bank of Nigeria—to stabilize the economy, attract investment, and ensure inclusive and sustainable growth for all Nigerians.”

    The Tinubu administration has since its inception introduced what it describes as tough but necessary reforms aimed at reversing long-standing distortions in Nigeria’s macroeconomic framework. These include the removal of petrol subsidies, unification of exchange rates, broadening of the tax base, and measures to improve public financial management.

    The Federal Ministry of Finance, in a statement, noted that the timing of the upgrade is significant, coming at a period when the government is focused on accelerating economic growth through increased private sector participation. According to the ministry, efforts are underway to improve infrastructure financing, deepen the financial sector, and expand access to capital for productive activities.

    It reiterated that the government, in collaboration with the Central Bank of Nigeria, remains committed to preserving macroeconomic stability, managing public debt sustainably, and maintaining sound fiscal practices.

    “The government will continue to collaborate with both domestic and international partners to boost investor confidence and enhance Nigeria’s global credit standing,” the ministry said.

    Analyst, Dr. Wahab Balogun, Managing Director and Chief Executive Officer of Ambosit Capital Managers said that a better credit rating provides a foundation for Nigeria to re-engage international capital markets under more favourable terms, potentially reducing debt service costs and freeing up fiscal space for development spending.

    “With the stable outlook assigned by Moody’s, Nigeria is not expected to face an imminent downgrade or upgrade. This indicates that the reforms currently in place are perceived as credible, with no immediate risks that could undermine the rating. It also reinforces the view that the government’s policy direction is yielding early positive results, though sustained implementation will be necessary to achieve long-term benefits” he said.

    He added that “the dual upgrades by Fitch and Moody’s have been received in financial and investment circles as indicators of Nigeria’s return to a path of responsible economic management, capable of restoring the country’s standing in global finance.”

    As Nigeria seeks to attract more private capital—both domestic and international—to power its development priorities, the improved ratings could become a useful lever in supporting long-term plans for economic diversification, infrastructure development, and inclusive growth.

  • Eight ways to easily spot a fake phone in Nigeria

    Eight ways to easily spot a fake phone in Nigeria

    Spotting a fake phone in Nigeria can be tricky, especially since counterfeiters have become very good at mimicking original devices. 

    Here are several reliable methods to help you identify a fake phone.

    1. Check the IMEI Number

    How to check:

    *Dial *#06# to view the IMEI number.

    *Compare it with the number on the phone box and under the battery (if removable).

    *Enter the IMEI on https://www.imei.info to verify the brand, model, and specs.

    Warning Sign: 

    *If the IMEI number doesn’t match or cannot be verified, it’s likely fake.

    2. Inspect the Packaging

    Original phones come in neat, branded, and sealed boxes with:

    *High-quality printing

    *Manufacturer details

    *Proper accessories (charger, cable, manual)

    *Fake phones often have:

    *Poor-quality packaging

    *Generic or suspicious branding

    *Missing or low-quality accessories

    3. Examine the Build Quality

    Look out for: 

    *Loose buttons

    *Poor screen resolution

    *Unusual logos or misspelled brand names (e.g., “Samsang” instead of “Samsung”)

    *Unusual weight or size

    4. Verify the Software & UI

    Original phones run authentic operating systems:

    *Android or iOS with proper updates

    *No strange pop-ups or random apps

    Fake phones may:

    *Run skinned versions of Android made to look like iOS

    *Have weird settings, icons, or menus

    *Lag excessively or crash often

    5. Use Phone Verification Apps

    Use apps like:

    *CPU-Z

    *DevCheck

    *AIDA64

    These apps help you check the real hardware specs. If the phone is advertised as 8GB RAM, but the app shows 2GB RAM, it’s likely fake.

    6. Buy from Reputable Sources

    Avoid:

    *Open market sellers without a physical store

    *Extremely low-priced offers that are too good to be true

    Prefer:

    *Authorized dealer shops (e.g., Slot, Jumia Official Store, 3CHub)

    *Phones with warranty and receipts

    7. Battery Life and Performance

    Fake phones usually:

    *Overheat quickly

    *Drain battery fast

    *Take long to charge or fail frequently

    8. Check the Price

    If a supposed iPhone 13 is selling for ₦150,000 or a Galaxy S22 is going for ₦100,000 — run! It’s almost certainly fake or refurbished poorly.

  • Heineken lights up UCL  final night across Nigeria

    Heineken lights up UCL  final night across Nigeria

    As football fans around the globe count down to the 2025 UEFA Champions League final between Paris Saint-Germain and Inter Milan, Heineken is bringing the excitement closer to home for Nigerians.

    Tonight, the premium beer brand will host a series of vibrant viewing experiences across Nigeria, turning the final into a night of football, fun, and festivity.

    Tagged ‘On Night, One Game, and One Epic Experience,’ the Lagos Intercontinental Hotel, Victoria Island, leads the pack for a special viewing experience, with stylish Terraform Lounge in Lekki, as well as lively places like Rhapsody’s and Bheerhugz in Ikeja, Lagos. Fans will enjoy the final in a festive atmosphere as Casper & Gambini, Ghosts & Spirit Lounge in Abule Egba, are also pencilled for the electrifying atmosphere.

    Other cities are also in for a treat. In Abuja, the luxurious Transcorp Hilton will be buzzing. Port Harcourt fans can gather at Piano Lounge and Lesuuka NightClub. Football lovers in Benin City will head to 130 Degrees, while those in Asaba can join the fun at Best Western Elomaz Hotel. Aba will be rocking at Oris Bar and Lounge, Enugu fans can enjoy the game at David’s Hill, and Jos residents will gather at Jos Park City.

    Read Also: NFF threatens match manipulators with lengthy ban

    At these locations, Heineken is going beyond just showing the match. Guests will enjoy good music from top DJs, tasty food, and refreshing Heineken beer. There will also be fun games, exciting giveaways, and a chance to win special prizes. It’s all part of Heineken’s mission to create a Champions League night that fans won’t forget.

    This activation is part of Heineken’s global “Cheers to the Real Hardcore Fans” campaign, which celebrates the true spirit of football lovers who bring passion, loyalty, and energy to every match, win or lose.

    The Portfolio Manager for Premium Beer at Nigerian Breweries, Maria Shadeko, says Heineken is proud to honour these fans as well as the brand’s loyal consumers. “This year’s UEFA Champions League final is not just a match—it’s a cultural moment. We’re blending world-class football with unforgettable local experiences. Through our activities, we’re celebrating the real hardcore fans—the ones who make the game magical from wherever they are,” she said.

    The final promises to deliver high drama on the pitch as well. Inter Milan arrives in Munich after a standout campaign. They conceded just one goal during the group stage, qualified directly for the round of 16, and knocked out Feyenoord before eliminating Bayern Munich—spoiling the German champions’ dream of a home final.

    Their semi-final clash against FC Barcelona was a classic, with a 3-3 first-leg draw followed by a gripping 4-3 extra-time win in Milan. Now, Inter face PSG, who are eager to lift the Champions League trophy for the first time.

    As fans prepare for the big night, Heineken invites them to join the celebration and experience the final in style.

  • Price of internet access in Nigeria

    Price of internet access in Nigeria

    Sir: In today’s digital age, internet connectivity is as essential as electricity and clean water. Yet, for many Nigerians, staying connected comes at a steep price, both financially and in terms of service quality.

    At the start of 2025, Nigerian telecom subscribers faced a significant 50% increase in tariffs on voice, data, and SMS services. This hike led to a decline of approximately one million internet users in February, as reported by the Nigerian Communications Commission (NCC). Data consumption also dropped by 12% in the same month, reflecting consumers’ cautious usage in response to increased costs.

    The tariff adjustments were attributed to escalating operational costs for telecom operators, driven by factors such as high inflation, currency devaluation, and increased energy expenses. In 2023, MTN Nigeria reported losses of approximately N137 billion, while Airtel Africa experienced a 15.55% decline in Profit Before Tax, largely due to foreign exchange and energy-related losses.

    Despite the higher costs, service quality issues persist. The NCC identified data depletion and billing issues as the top consumer complaints in 2024. Dr Aminu Maida, Executive Vice Chairman of the NCC, noted that the complexity of tariff plans and the impact of high-resolution devices contribute to these concerns. To address this, the NCC issued a ‘Guidance for the Simplification of Tariffs,’ mandating operators to provide clear information on data plans and Gbenga Adebayo, President of the Association of Licensed Telecom Operators of Nigeria (ALTON), acknowledged that many consumers are unaware of background data usage by smart devices, leading to unexpected data depletion. He emphasised the industry’s commitment to transparency. 

    The increased costs and service issues have led to a surge in subscribers switching networks. In January 2025, over 8,700 subscribers ported their numbers to different operators, a 190% increase from the previous month. 9mobile experienced the highest customer losses, while MTN, Airtel, and Globacom gained subscribers during this period

    Despite these challenges, the telecom sector saw growth in active subscriptions, rising to 169.3 million in January 2025. MTN led with 87.5 million subscribers, followed by Airtel with 57.6 million, and Globacom with 20.5 million

    Read Also: Nigeria/UK trade relations amounted to £7.2 billion in 2024, says Kalu

    Nigeria’s telecom operators have made significant investments in expanding broadband coverage, with initiatives like 4G and 5G rollout, fiber infrastructure, and partnerships with global tech firms. However, these investments are often driven by profit, not inclusion.

    Despite NCC’s efforts to regulate pricing and improve service delivery, consumers regularly complain about data zapping, network downtimes, and non-transparent billing practices. Competition has done little to force down prices meaningfully, as all major players face similar infrastructural hurdles and operational costs.

    If Nigeria is serious about becoming a digital economy powerhouse, it must confront the high cost of connectivity head-on. This means investing heavily in: Rural broadband infrastructure; Affordable data pricing models; Improved electricity access; Consumer protection regulations.

    Public-private partnerships must be strengthened to reduce costs while maintaining profitability. Local innovation in satellite internet, community Wi-Fi, and solar-powered connectivity hubs must be encouraged and scaled.

    The internet fuels education, commerce, healthcare, and governance. For Nigeria’s youths, startups, and underserved communities, access to affordable and reliable internet can mean the difference between opportunity and exclusion.

    The cost of staying connected should not cost Nigerians their dignity, income, or peace of mind.

    It’s time we reframe internet access in Nigeria, not as a commercial commodity—but as a public utility, a human right, and a catalyst for national development.

    As Nigeria continues to embrace digital transformation, ensuring affordable and reliable connectivity is crucial. Stakeholders must collaborate to address infrastructural challenges, simplify tariff structures, and enhance service quality. Only then can the promise of a connected Nigeria be fully realised.

    •Don Pedro Aganbi getdonpedro@gmail.com

  • Cynics build no country

    Cynics build no country

    They smelled blood and gathered like hyenas. Not in the savannahs of Sambisa or the dry grasslands of Konduga, but in the digital amphitheatre of Nigeria’s public opinion: Facebook, Twitter, YouTube, the press, and WhatsApp.

    At the centre of this frenzy was Professor Ishaq Oloyede, the Registrar of the Joint Admissions and Matriculation Board (JAMB). A technical glitch during the 2025 Unified Tertiary Matriculation Examination led to irregularities in the scores of thousands of candidates. It was later discovered that over 20 suspects, including some school proprietors, had hacked into JAMB’s server to fraudulently boost the scores of “special” candidates, charging fees ranging from N700,000 to N2 million.

    The culprits reportedly infiltrated the national exam board, corrupted the computer-based testing system, and sullied the hopes of thousands of candidates. Yet, the national outrage did not pivot when this truth emerged. It simply fizzled.

    Oloyede cried, perhaps out of genuine remorse or frustration, but Nigerians were merciless. They called for his dismissal, demanding his head on a pike of shame, despite his peerless exploits as JAMB registrar. A teenager, reportedly distraught by his UTME results, took his own life, further aggravating the rage of a populace milking the tragedy for all its worth. May Almighty God comfort the family of the deceased. No doubt, the teenager’s death was avoidable and heartbreaking.

    But the glitch, however lamentable, was not unprecedented. In 2017, the Educational Testing Service (ETS) in the United States had to cancel thousands of Graduate Record Examination (GRE) results due to server breaches. Similar mishaps have occurred in the UK’s A-Level exams. Technology fails. Systems collapse. But only in Nigeria do we drag a man to the digital square and skin him in public view, while conveniently ignoring the syndicates who orchestrated the sabotage. The Department of State Security  (DSS) must eventually make public the identities of the culprits, at least, to silence the drone of scepticism trailing the news of their arrest.

    This is Nigeria, where the appetite for bad news has morphed into a national delicacy. It is no longer mere pessimism; it is schadenfreude in full bloom. An emotional disfigurement where citizens derive pleasure from the collapse of their own public institutions.

    When news broke that Nigeria had quietly repaid its loan to the International Monetary Fund (IMF), one would expect relief. Instead, the public discourse quickly mutated into denial and deflection. Fact was contorted into fiction as influential voices, including supposed intellectuals, journalists, and opposition politicians, spread the falsehood that Nigeria still owed the IMF.  Official documents from the Ministry of Finance and the Debt Management Office confirmed the debt repayment, yet the people preferred the lie because it was juicier.

    Why? Because many Nigerians, particularly the vocal digital elite, suffer from a curious affliction: a longing to see Nigeria fail if it means the politicians they hate are discredited in the process. This dubious disillusionment and selective outrage are weaponised along party lines. We reserve our pitchforks for the ruling class only when our political enemies are in power. The revolutionaries of 2023, it turns out, are now the cheerleaders of chaos in 2025. Patriots by day, partisans by night.

    Consider, too, the more recent uproar about a supposed $21 billion loan by President Bola Tinubu. Social media buzzed with fury as influencers, commentators, and news media bemoaned a purported bid by the president to plunge Nigeria into a $21 billion debt. And yet, once again, the truth was sacrificed on the altar of sensation.

    The $21 billion figure is not an actual loan, but the aggregate borrowing ceiling outlined in Nigeria’s Medium-Term Expenditure Framework (MTEF) for both federal and state governments over the next three years. In reality, only $1.23 billion can be borrowed in 2025, and that figure includes borrowing by all 36 states and the Federal Government, across every geopolitical zone. But Nigerians did not care to check. They shared the headlines, forwarded the falsehoods, and relished the chaos.

    Read Also: Senate passes N1.8trn 2025 FCT budget

    Nigerians do not read. Most would rather not read the MTEF, the Appropriation Act, or even official communiqués.  Instead, they rely on emotionally charged interpretations from partisan sources. We embrace anti-Nigerian narratives because they fit the tragic scripts we have already written in our minds. We do not wait to verify; we prefer to vilify. Shall we care to get informed, at least?

    The true crisis is not technological, fiscal, or political. It is emotional. Nigerians are caught in a destructive sentimental loop, forever swinging between hope and despair. But rather than seek healing, we find solace in cynicism. We make bonfires of bad news, and subconsciously pray for collapse, that we might be vindicated in our pessimism.

    This culture of cynicism is born of suffering and suspicion. Decades of misrule, corruption and failed promises have conditioned us to believe that nothing good can come from Nigeria. And when something good does come, like debt repayment or a public official taking responsibility, we dismiss it as propaganda or performance. We are allergic to good news because it disrupts our grievance narratives.

    Why did Nigerians go silent after the arrest of 20 hackers who compromised JAMB’s systems? Why are we not celebrating the efficiency of the DSS and Police in apprehending the criminals who tried to discredit a national institution? Why are we louder in condemnation than we are in commendation?

    The answer is disquieting. We do not want redemption. We want revenge; revenge on a state that failed us and a leadership that dashed our dreams. But revenge, when misdirected, becomes self-immolation. We are burning the house because we were denied a room.

    And so, the same voices that mocked Oloyede’s tears now rustle silence as JAMB’s attackers are exposed. The same timelines that trended #JAMBFailedUs are now eerily quiet in the face of vindication. The hyenas have fed, and now they slink away into the shadows, waiting for the next wound to lick.

    To stem the tide of cynicism, Nigeria’s leadership must govern more humanely and communicate better. Perception is power. The government must establish a National Information Literacy Campaign comprising a coalition of ministries, media houses, and civil society tasked to teach citizens how to verify information, read official documents, and engage responsibly on social media.

    There is a need to create a Unified Government Fact-check Portal, a centralised platform where Nigerians can verify breaking news, track ongoing investigations, and access documents like the MTEF, Appropriation Acts, and debt records in simple, digestible formats.

    We must incentivise reading and data literacy via relatable channels like entertainment, gamification, and social media, to encourage understanding of public documents and policy summaries.

    When a public servant acts with honesty or when institutions self-correct, as JAMB did with its resit examination, the government and media must celebrate these actions with the same intensity we condemn failure. We must teach Nigeria to hear the quiet footsteps of integrity alongside the crash of corruption.

    The state must close the emotional distance between itself and the citizenry. Only then will Nigerians begin to see it as a trustee, not a tormentor. Every democracy is fragile, but its greatest strength lies in the people. If Nigerians lose faith in the country, no textbook reform will suffice.

    It’s about time we confronted our biases and cynicism, and ask: Do we want a better country, or do we just want our preferred side to win?

  • Nigeria, Germany begin review of draft hydrogen policy

    Nigeria, Germany begin review of draft hydrogen policy

    Nigeria and Germany have commenced a formal review of the zero draft of Nigeria’s national hydrogen policy.

    The review process is taking place through a two-day working group workshop hosted by the Federal Ministry of Budget and Economic Planning, in collaboration with the German-Nigerian Hydrogen Office and a coalition of energy sector stakeholders.

    Held in Abuja, the workshop brought together technical experts, policymakers, and international development partners to examine the draft policy, which is aimed at laying the foundation for the development of a hydrogen economy in Nigeria.

    The session is expected to provide substantial input that will shape the final policy, focusing on frameworks for production, infrastructure, usage, regulation, and sustainability.

    Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, who declared the workshop open, described hydrogen as a pivotal element in Nigeria’s evolving energy strategy.

    He said the hydrogen economy offers Nigeria a unique opportunity to diversify its energy mix, reduce heavy reliance on fossil fuels, and take meaningful action against climate change. According to him, hydrogen holds the promise of catalysing innovation, improving lives, and transforming Nigeria into a global energy player.

    “Nigeria is well-positioned to lead in the hydrogen space,” Bagudu stated, pointing to the country’s abundant renewable energy resources, including solar and hydro power, as key enablers for large-scale hydrogen production. “With strategic planning and the right partnerships, hydrogen could serve as a cornerstone of our energy transition agenda, boosting exports, enhancing regional trade, and creating jobs in clean industries.”

    The policy, once finalised, is expected to become an integral part of Nigeria’s broader Medium-Term Development Plan and Energy Transition Plan.

    According to Bagudu, the objective of the workshop is not only to gather expert input but also to build consensus on a long-term framework that will sustain hydrogen production and application across economic sectors such as industry, transportation, power, and agriculture.

    The Federal Ministry of Budget and Economic Planning is leading the review process in close partnership with the German development agency GIZ, which manages the German-Nigerian Hydrogen Office.

    Other participants include the Federal Ministry of Environment, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Energy Commission of Nigeria, and private sector actors with an interest in green hydrogen technologies.

    Speaking on behalf of the Minister of State for Petroleum Resources (Gas), Mr. Ekperikpe Ekpo, his Technical Assistant (Downstream), Mr. Abel Igheghe, welcomed Germany’s consistent support for Nigeria’s energy transition drive. He described the partnership as forward-looking and reflective of a shared vision to unlock new energy frontiers that address economic and environmental challenges.

    “The collaboration with Germany signifies our collective commitment to addressing pressing energy concerns through innovation,” Igheghe said, adding that the hydrogen initiative is an essential part of a broader plan to create a cleaner and more resilient energy sector.

    Representing the Energy Commission of Nigeria, Director of Renewable Energy, Mr. Ibrahim Sulu, noted that the Commission has supported the hydrogen initiative from inception and remains committed to working with all relevant stakeholders to ensure its success.

    He reaffirmed the agency’s readiness to contribute expertise and resources to ensure the policy is technically sound and implementable.

    The Ambassador of the Federal Republic of Germany to Nigeria, Mrs. Annett Günther, said the establishment of the German-Nigerian Hydrogen Office reflects her country’s dedication to deepening bilateral relations in the green energy space. She described hydrogen cooperation as a bridge between economic development and environmental sustainability.

    “We are committed to advancing technical expertise, capacity building, and knowledge transfer,” Günther said. “Our joint efforts in hydrogen development—from production to storage and utilization, can set a global example of sustainable industrial collaboration.”

    Günther added that Germany is actively pursuing research partnerships and private-sector engagement in hydrogen development with Nigeria, aiming to build a robust hydrogen value chain that will contribute meaningfully to the global low-carbon economy.

    Dr. Markus Wanger, Country Director of GIZ Nigeria and ECOWAS, described the policy review session as a major step in Nigeria’s energy transition. He said the Zero Draft represents a critical policy milestone that will guide the creation of a future-oriented hydrogen economy.

    Read Also: Buhari hails Tinubu at midterm, urges Nigerians to be patient with reforms

    “The draft policy demonstrates Nigeria’s commitment to building a diversified and sustainable energy future,” Wanger said. “It will form the regulatory and institutional foundation for a hydrogen sector that supports inclusive growth, innovation, and private sector participation.”

    Wanger further stated the importance of multi-stakeholder collaboration and data-driven planning in shaping Nigeria’s hydrogen strategy, noting that lessons from Germany’s own transition can serve as a guide for Nigeria’s journey toward decarbonization.

    Among the officials in attendance were Dr. Iniobong Abiola-Awe, Director of the Department of Climate Change, Federal Ministry of Environment, and Dr. Odafe Ejenavi, Deputy Director at the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Both reiterated their agencies’ support for a coordinated and phased approach to building the hydrogen ecosystem.

    The two-day workshop is expected to culminate in a set of revised recommendations that will guide the finalization of the Nigerian Hydrogen Policy. Once adopted, the policy will serve as the blueprint for a national hydrogen roadmap, with clear targets for investment attraction, infrastructure rollout, and technology adoption.

    The hydrogen initiative aligns with Nigeria’s long-term objectives under the Paris Agreement and the United Nations Sustainable Development Goals (SDGs), particularly in areas related to clean energy, climate action, and industrial innovation.

  • Nigeria: Silence of the majority, folly of the moment

    Nigeria: Silence of the majority, folly of the moment

    • By Omenazu Jackson

    Sir: Nigeria, often described as the “Giant of Africa,” finds itself trapped in a cycle of missed opportunities, recurring political crises, and underdevelopment. At the core of this stagnation lies a troubling paradox: the silence of the majority and the folly of the moment.

    Nigeria’s population, estimated at over 220 million, is overwhelmingly youthful and vibrant. However, this majority often remains voiceless in matters of governance and national direction. Silence, in this context, is not always literal. It manifests in voter apathy, in the acceptance of injustice as normal, in the fear of speaking truth to power, and in the prioritisation of survival over civic engagement.

    Decades of broken promises, systemic corruption, and brutality—both military and civilian—have taught many Nigerians that speaking out can be dangerous and futile. The masses have become spectators in their own country, watching elites exchange power while the socioeconomic conditions worsen. This silence is not born from ignorance, but from disillusionment.

    Yet, silence has a cost. When the majority refuses to engage, a minority seizes control—not necessarily because it is more capable, but because it is more willing. And so, Nigeria continues to be led by a revolving door of opportunists, many of whom serve self-interest rather than the national good.

    Nigeria’s political history is littered with decisions that prioritise short-term gains over long-term stability. Whether it is electing leaders based on ethnic or religious affiliations, accepting last-minute handouts before elections, or embracing populist rhetoric with no clear policy direction, Nigerians often fall victim to the folly of the moment.

    Read Also: 2025 UTME result ranks best in 12 years despite glitches, says JAMB

    In every election cycle, the signs are familiar: recycled politicians, shallow manifestos, and emotionally charged campaigns that exploit divisions rather than propose solutions. The consequences are predictable—once elected, such leaders rarely deliver on promises. Public funds are looted, institutions weakened, and the same cycle repeats.

    What drives this folly? Partly desperation, partly manipulation. Many Nigerians live below the poverty line and are easily swayed by immediate benefits—bags of rice, cash gifts, temporary jobs. Politicians understand this and use poverty as a tool of control, buying compliance with breadcrumbs from the national loaf.

    Nigeria’s path to true greatness will not come from foreign aid or international interventions. It will come when the silent majority finds its voice and demands accountability. It will come when Nigerians begin to think beyond the moment and invest in sustainable, value-driven leadership.

    This requires civic education, economic empowerment, and platforms for honest dialogue. It requires technology and social media to be used not just for entertainment, but as tools for mobilisation, transparency, and advocacy. It requires courage—especially from the youth, the middle class, and the intellectuals—to challenge the status quo.

    •Dr Omenazu Jackson

    omenajak@yahoo.com

  • Nigeria opens air corridor to Southern Africa to cut export cost by 75%

    Nigeria opens air corridor to Southern Africa to cut export cost by 75%

    The federal government has launched a new air cargo corridor linking Nigeria to Kenya, Uganda, and South Africa.

    The route, which is part of the African Continental Free Trade Area (AfCFTA) Guided Trade Initiative, is expected to cut export logistics costs by as much as 75 per cent.

    The corridor was formally flagged off by the Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, in partnership with Uganda Airlines and the United Nations Development Programme (UNDP).

    Oduwole described the initiative as “a transformative step” for Nigerian businesses, especially micro, small and medium-sized enterprises (MSMEs), who have long been constrained by exorbitant shipping costs and slow customs processes.

    “This initiative is more than just a trade route, it is a deliberate strategy to bring down logistics costs, connect Nigerian products to African markets faster, and make our exporters more competitive,” the minister said.

    “We are addressing head-on one of the most significant barriers to trade in Africa: the high cost of moving goods. Through this air corridor, Nigerian exporters can now access new markets in East and Southern Africa at up to 75 per cent less than what it previously cost.”

    “Our government is committed to ensuring that MSMEs—the backbone of our economy—are not left behind in the AfCFTA story. This corridor is designed to serve them.”

    First Flights, First Impact

    The first batch of cargo under the AfCFTA air corridor was dispatched from Lagos, comprising cosmetics, textile products, and processed food items.

    The Trade Ministry revealed that over 200 MSMEs had already registered to take advantage of the corridor, with more expected in the coming weeks.

    Oduwole disclosed that the initiative will run weekly flights in the initial phase, with the possibility of expansion as demand grows. She also confirmed that the government has fully gazetted Nigeria’s AfCFTA tariff schedule, enabling duty-free access for over 90 percent of goods traded under the agreement.

    “We are not just making political statements—we are implementing trade facilitation tools that impact real businesses. Our exporters can now plan, price, and compete knowing that the route, pricing and regulations are clear,” she said.

    UNDP’s Resident Representative in Nigeria, Mohamed Yahya, said the corridor underscores the shift from policy declarations to practical solutions.

    “Trade must deliver impact, and that’s what we’re seeing here—real support for real businesses,” he said.

    Nigeria’s move comes as countries like Kenya, Rwanda, and Egypt ramp up their own logistics capabilities to dominate intra-African trade.

    Read Also: AHF Nigeria joins calls for period equity on Menstrual Health Day

    Analysts say the air cargo corridor is Nigeria’s attempt to assert regional leadership within the AfCFTA framework.

    “Nigeria has the numbers, the production base, and now, with this corridor, we are building the bridge. We must stay consistent,” Oduwole said.

    Experts, however, say long-term success will depend on Nigeria’s ability to address infrastructural weaknesses and streamline customs procedures.

    “This is a strong signal, but follow-through is key. We need to ensure our airports, regulatory agencies, and documentation processes are fully aligned,” said Dr. Kemi Ajayi, a trade policy analyst.

  • Nigeria leads Africa’s start-ups with $4.7b capital raising

    Nigeria leads Africa’s start-ups with $4.7b capital raising

     Since 2019, start-ups in Nigeria have raised a total of $4.7billion with an estimated average gross domestic product (GDP) purchasing power parity (PPP) of $5.500 while Kenya with a total of $3.5billion and $6,000 PPP.

    According to Wikipedia, a country‘s GDP at PPP is the value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country.

    Data obtained from a document entitled: Africa: The Big Deal, South Africa followed Kenya with $2.9billion and $15,000 PPP while Egypt’s $2.7billion and $13,000 PPP made it the fourth on the continent in the $1billion and above category. The four countries are popularly referred to as the Big Four.

    In the $100m and $1billion category are countries such as Algeria with $8188 million and $14,000 PPP; Tunisia with $183million and $11.5,000 PPP, Ghana with $470million and $6.500; Morocco with $277million and $10,000PP; Senegal secured $414million and $3.800 PPP. Others are Benin with $133million and $3.800 PPP, Benin-$133million and $3.800 PPP, Tanzania-$291million and $2.900 PPP; Uganda-$194million and $2.400 PPP; and DRC $114million and $1.200PPP.

    The document also showed that Mauritius, Namibia, Sudan, Cameroon, Zambia, Ethiopia, Rwanda, Mali, Zimbabwe, Togo and Sierra Leone fall into the $10million and $100million cash raise bracket.

    According to the document, in 2023, the ‘Big Four’ attracted 87per cent of all the start-up funding in Africa, their largest share since 2019. They were home to 71per cent (357 out of 500) of the start-ups who raised $100k or more on the continent last year. Given their weight, their ranking pretty much mirrors the regional one, with Nigeria’s story quite different from the others’.

    Read Also: 10 cheapest states to live in Nigeria in 2025

    With just under $800million raised in 2023, Kenya attracted the most funding, 28 per cent of the continent’s total. While it suffered a decline (-25per cent YoY), its share of Eastern Africa’s funding grew from 86per cent in 2022 to 91per cent in 2023. 93 start-ups raised $100k or more during the period (19per cent of Africa’s total).

    In Egypt, there were 48 such ventures raising $100k+ in 2023, the lowest number out of the Big Four. But thanks to a YoY decline (-20er cent) more moderate than Kenya and most importantly Nigeria, it was enough for the country to claim the second spot. Egypt’s share of North African funding grew substantially from 72per cent in 2022 to 95per cent in 2023 (+23pp, by far the strongest progression), due both to the magnitude of MNT-Halan’s fundraising, and Algeria and Tunisia’s inability to repeat their strong 2022 performance.

    South Africa’s share of regional funding remains the highest at 97per cent. The 70 start-ups who raised $100k or more in the country cumulated $600m in funding i.e. 21per cent of the continent’s total. South Africa was the only one of the Big Four not to see its total funding shrink between 2022 and 2023 (+eight per cent YoY).

    According to the report, Nigeria is the country where the most dramatic change happened in 2023. While the country still claimed the highest number of start-ups to raise $100k or more (146, 29per cent of the continent), the amount they raised was divided by 3 YoY (-67per cent) to reach $410million, compared to $1.2billion in 2022, and $1.7billion in 2021. As a result, its share of Western African funding continued to drop to reach 68per cent, down from 85per cent in 2021, and 77per cent in 2022. This is the lowest regional share of any Big Four market since we started collecting the data in 2019.

    Of course, even though it represents only 13per cent of the funding, there is a wealth of activity beyond the Big Four. Encouragingly, 29per cent of the start-ups who raised $100k or more in 20213 were located outside the Big Four.