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$30bn Economy: UK, World Bank, Afreximbank, AFDB, Others Back Enugu
Published
2 years agoon
By
Editor
The Enugu State Government at the weekend took a bold step towards the actualisation of a $30 billion economy in the next four to eight years, as the state successfully hosted an inaugural Enugu State Investment and Economic Growth Stakeholders Roundtable.
This was even as the administration of the state governor, Dr. Peter Mbah, used the occasion to unveil 30 investment opportunities worth over $2.1 billion, which it said were projects that would directly impact the lives of the people and change the economic fortunes of the state.
The event saw a large turnout of community of investors, development bankers, international development agencies, and other critical stakeholders, including the Government of the United Kingdom (UK), the World Bank, African Export-Import Bank (AfriExim), African Development Bank (AfDB), United Kingdom Department for Business and Trade, and the Infrastructure Credit Guarantee Company.
Speaking at the event, which was attended by prospective local and international investors, development financiers, and members of the diplomatic community, Mbah said that the theme of the event, “Leveraging Public-Private Partnership”, underscored the administration’s vision to accelerate sustainable economic transformation powered by the private sector.
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He urged investors to look towards Enugu as a preferred investment destination, saying the state was taking deliberate steps to create a friendly and de-risked business environment that would guarantee impressive returns on investment.
“The roundtable marks a new beginning for long-term partnerships and cooperation for shared prosperity, which will catalyse a sustainable, resilient, and prosperous Enugu,” he stated, assuring that Enugu would regain its lost glory in no time.
“Enugu State will become Nigeria/South East’s most remarkable success story driven by industrialisation and structural economic transformation, responsible public financial management, robust growth in trade and investment, and sustainable and inclusive infrastructural development.
“The magnitude of the efforts required to achieve our transformation goal calls for a shift away from the current dominant public sector model and towards policies and business environment reforms that will attract increased private sector and African diaspora participation in financing and delivering infrastructure and services in critical economic areas.
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“We are no longer satisfied with the status quo and so, we are presenting a pipeline of 30 potential project opportunities with an estimated investment value of more than 2.1 billion dollars.
“My vision is to transition the state from public to private investment-led growth, which will eventually close our physical and social infrastructure gap, create hundreds of thousands of jobs for the people, and expand our economy towards the 30-billion-dollar growth trajectory that we know is achievable”, he stated.
While laying out the State’s Integrated Sector-Based Productivity Growth Strategy, which charts a clear path to achieving the $30 billion GDP growth target, Mbah said: “We know that our goals for economic transformation are challenging, but they are attainable, and my government is resolute in its commitment to deliver on the promise we made to Ndi Enugu”.
Meanwhile, the strategic sector opportunities and indicative projects presented by the Secretary to the State Government, Prof. Chidiebere Onyia, span transport and logistics, agriculture, energy and minerals, healthcare, eco-tourism and hospitality, aviation, and Information Communication Technology (ICT) sectors.
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Speaking at the event, the Deputy British High Commissioner to Nigeria, Jonny Baxter, commended the Dr. Mbah administration for putting together the roundtable.
“This round table discussions is for us to understand and engage in the state’s transformation agendas and to also position the state into one of Africa’s hubs by accessing the investment opportunities that are existing.
“It should also be known that cashew, coconut and plantain are products being planted in Enugu and other South Eastern States are among the top priority products which are under the scheme. I will be delighted to ask people in the UK to look out for the cashew nuts produced in Enugu when they buy it in the UK. Cocoyam, which is also produced in the state, is also a priority product.
“We are all working together so that we can transform the enormous economic potentials in the state into a prosperous reality. I look forward to fostering a mutual investment and trading relationships between the UK and Enugu State,” he said.
Commending the roundtable, which he described as a demonstration of Mbah’s vision to transform Enugu’s economy, the World Bank Country Director for Nigeria, Shubham Chaudhuri, said there could not be job creation and sustainable economic growth and development without private-sector investments.
On his part, the Regional Chief Operating Officer, Afrexim Bank, Eric Intong, said the financial institution was ready to support the Enugu State government in project preparation to ensure their realisation, adding that Afrexim Bank was poised to trade with Enugu.
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News
Church Of Nigeria Formally Cuts Ties With Wales Over Lesbian Archbishop
Published
6 hours agoon
August 7, 2025By
Editor
The Church of Nigeria (Anglican Communion) has officially cut all ties with the Church in Wales following the appointment of Bishop Cherry Vann, an openly lesbian cleric, as the 15th Archbishop of Wales.
The decision was announced by the Primate of the Church of Nigeria, the Most Reverend Henry Ndukuba, who described the development as ‘an abomination’ and a serious departure from biblical truth.
The announcement came during the opening session of the 14th Church of Nigeria Conference of Chancellors, Registrars and Legal Officers, held on Tuesday at the Church’s national secretariat in Abuja.
With the theme ‘Called as a Watchman’, the event brought together legal minds from across the Church to discuss matters of doctrinal integrity, justice, and governance.
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Primate Ndukuba delivered the keynote address titled ‘The Decade of the Reign of God: Progress, Challenges, and Prospects.’
Reacting to the Church in Wales’ elevation of a lesbian bishop, the Primate said, “We reject the election of the Right Reverend Cherry Vann as the Archbishop of Wales.”
He compared it to the 2003 consecration of Gene Robinson in the Episcopal Church (USA), which had also led to Nigeria severing ties with that province.
“Just as the Church of Nigeria took steps after the election of Gene Robinson in the United States, we are severing every tie and relationship with the Church of Wales,” he said.
Primate Ndukuba also criticised what he described as the growing influence of revisionist teachings within sections of the Western Church.
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“These individuals have not relented from their evil agenda; rather, they have intensified it. What they call their wisdom and culture is an abomination to God,” he declared.
Despite cutting formal ties with the Church in Wales, the Church of Nigeria reaffirmed its support for orthodox Anglicans in the region through platforms such as the Global Anglican Future Conference (GAFCON).
“We pray that the Church of God in Wales will rise up, and that the faithful among them will stand strong. We, the Church of Nigeria, alongside GAFCON, will stand with them,” Ndukuba assured.
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Looking ahead, the Primate said the Church of Nigeria plans to expand its global mission, with new registrations underway in countries like Germany, the Netherlands, and Finland.
“We feel that the Lord is calling us back to Europe for mission,” he said.
The Primate also used the opportunity to highlight the Church’s ongoing contributions to the GAFCON movement.
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He revealed that the Church of Nigeria had recently contributed $2.5 million to the GAFCON Endowment Fund and was planning a local Nigerian GAFCON Endowment worth $2.3 million to support orthodox Anglican work and mission.
On constitutional and legal matters, Ndukuba urged legal officers to strengthen the Church’s internal reforms and national engagement.
“You are to understand yourselves to be watchmen for the Church. You defend the Church against all forms of aggression. As modern-day watchmen, we must first listen to God, then speak His truth in love, knowing our duty lies in obedience,” he said, calling on legal professionals to support the Church’s constitutional review and advocate for a new Nigerian constitution.
News
EFCC Arraigns Six Katsina Revenue, Bank Workers Over N1.2bn Fraud
Published
6 hours agoon
August 7, 2025By
Editor
The Economic and Financial Crimes Commission, on Tuesday arraigned five officials of the Katsina State Board of Internal Revenue and a staff of First Bank over an alleged N1.2 billion fraud.
The accused were brought before Justice Musa Danladi of the Katsina State High Court by the Commission’s Kano Zonal Directorate on a seven-count charge bordering on conspiracy and diversion of public funds.
According to the anti-graft agency in a statement on Wednesday, the total sum allegedly diverted is N1,235,330,000, said to be tax remittances from the World Health Organization, Médecins Sans Frontières, and the Alliance for International Medical Action, which were due to the Katsina State Government.
The defendants, Nura Lawal, Sanusi Mohammed Yaro, Ibrahim Mamman, Abubakar Saidu, Rabiu Adamu Abdullahi, and Adam Alhassan Albashir, a Public Sector Relationship Manager with First Bank, were all docked and pleaded not guilty to the charges.
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One of the charges reads:
“That you Nura Lawal, Sanusi Mohammed Yaro, Ibrahim Mamman, Abubakar Saidu, Rabiu Adamu Abdullahi and Adam Alhassan Albashir between January, 2022 to August, 2024 at Katsina within the jurisdiction of the Katsina State High Court, being staff of Board of Internal Revenue Services (BOIRS), Katsina and Public Sector Relationship Manager of First Bank, in such capacity conspired among yourselves to commit an unlawful act to wit: unlawfully converted to your personal uses the tax payments meant for the Katsina State Government and you thereby committed an offence contrary to Section 58 of the Penal Code Law of Katsina State and punishable under Section 298 of the Same Law.”
After their plea, prosecution counsel Musa Isah urged the court to fix a trial date to enable the Commission prove its case.
However, the defence counsels filed separate bail applications for the six defendants, requesting their release pending trial. Isah opposed the applications.
Justice Danladi, after listening to both sides, granted bail to each defendant in the sum of N5m with one reliable surety resident within the court’s jurisdiction.
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The Judge said surety must possess verifiable landed property, with the title documents to be verified by the court registrar.
The case was adjourned to October 27, 2025, for the commencement of trial.
According to EFCC investigations, Rabiu Abdullahi, a former Director of Collections and current Permanent Secretary of the Board, allegedly authorised the opening of an account named “BOIRS” with Sterling Bank. Sanusi Mohammed Yaro and Ibrahim Mamman were appointed as the sole signatories.
The commission said the account became the main channel for funnelling the diverted funds to NADIKKO General Suppliers, a company allegedly owned and controlled by Nura Lawal, an Assistant Director in the Career Skills/Staff Welfare unit of the Board.
EFCC findings also showed that NADIKKO and Lawal served as key conduits in laundering the proceeds, which were traced to multiple bank accounts linked to the suspects.
News
FG Urges Nigerians Abroad To Register With Embassies For Emergency Support
Published
6 hours agoon
August 7, 2025By
Editor
The Federal Government has called on Nigerians travelling abroad to register with Nigerian embassies and consulates in their host countries to enable timely intervention during emergencies.
The appeal was made by the Permanent Secretary of the Ministry of Foreign Affairs, Ambassador Dunoma Ahmed, during a meeting with the Diplomatic Correspondents Association of Nigeria, led by its Chairman, Idehai Frederick, at the Ministry’s headquarters in Abuja on Wednesday.
According to DICAN, Amb. Ahmed stressed the importance of informing Nigerian missions upon arrival in foreign countries, rather than waiting until problems arise.
“I advise Nigerians to make it a point of duty to make their presence known to the Nigerian mission in the country they’re visiting.
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“This simple step can help prevent misunderstandings and ensure that Nigerians receive the support they need in times of crisis.
“There was a recent case of Nigerians trapped in the Central African Republic, where some Nigerians tried to give the Ministry a bad name,” he said.
The Permanent Secretary highlighted the role of timely and accurate information in managing crises and emphasised the need for closer collaboration with media organisations like DICAN to combat misinformation.
“Most of the time, giving the necessary information before they even ask for information is crucial in managing crises effectively.
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“We are saddled with the role of laundering the image of the country. Hence, the inevitability of a strengthened partnership between DICAN and the Ministry,” Perm. Sec. noted.
He underscored the significance of disseminating accurate narratives about Nigeria’s foreign policy, particularly in the face of growing disinformation.
Ambassador Ahmed also commended DICAN for hosting the maiden Diplomatic and Security International Conference, which brought together about 70 diplomats, security experts, academics, and representatives of civil society to discuss strategies for global safety and peace.
In appreciation of the Ministry’s cooperation, DICAN Chairman said, “The Permanent Secretary has shown commitment to working with DICAN, and we appreciate his efforts in promoting a positive image of Nigeria.”
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