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Wike To Champions First Abuja Investment
In a bit to make a difference in improved infrastructure, security and socio service provisions for inhabitants of the Federal capital city and its environs, Minister of the Federal Capital Territory, Barr Nyesom Wike has set champions the maiden edition of the Abuja Investment Summit and Expo 2023 takes off in the Federal Capital Tuesday 14th-15th November, 2023.
In a statement signed and issued in Abuja by the MNIPR, MITPN Director, Communications, Ahmed Mohammed Sule said the minister will unlock the abundant investment opportunities of the territory for greater economic and industrial growth of the city.
According to the statement, the summit and Expo is coming on the heels of Wike’s resolve as Minister of the Federal Capital Territory to make a difference in improved infrastructure, security and socio service provisions for inhabitants of the Federal capital city and its environs, against the backdrop of the Renewed Hope Agenda of President Bola Ahmed Tinubu.
The statement read that scheduled to hold at the Velodrome, Package ‘A’ of the M.K.O. Abiola National Stadium Abuja, the Abuja Investment Summit and Expo christened: ‘Unlocking the Investment Opportunities of Abuja, the Federal Capital Territory is made up of two sessions; The Summit, which will be an interactive session to examine and explore critical areas of investment opportunities in the FCT by expert speakers and panel of discussants.
“The other is the Exhibition aspect which provides the window for FCTA Mandate Secretariats and their Agencies, Departments and Units, allied exhibitors from Federal Ministries, Departments and Agencies (MDAs) as well as Organized Private Sector (OPS) companies, firms and corporate organizations to showcase their businesses and projects with the view to attracting investors for collaborative partnership to grow their respective sectors,” the statement read.
According to highlights made available to the press on the essence of the Summit and Expo, they include; promotion and marketing of the Federal Capital Territory as a safe investment destination in Africa, creation of a platform for networking, knowledge-sharing, and collaboration among investors, entrepreneurs, government officials and other stakeholders and the showcasing of the potentials of Abuja as an investment destination, in addition to portraying the city’s socio-economic and cultural strengths.
“As an annual event of impeccable repute and global standards, organizers say the Abuja Investment Summit and Expo 2023 seeks to showcase the potentials of Abuja as an investment destination, create a platform for networking and collaboration as well as promote economic growth that will boost Internally Generated Revenue (IGR) and development in the city.
“Adding that events and activities lined up for the two-day program are meant to awaken the economic potential of the Federal Capital Territory through the provision of series of action-oriented and implementable dialogues with multi-faceted stakeholders invited as investors, speakers, panellists and exhibitors to the Summit and Expo
“Indicators from the Organizing Secretariat of the Abuja Investment Summit and Expo revealed quite a number of Ministers have signified their intentions to lead their Agencies and parastatals to the Summit and leverage on the opportunities it present to showcase their sectoral mandates in stimulating investments for the economic growth and development of not only the Federal Capital Territory, but the country as a whole.
“The Federal Capital Territory Secretariats as primary targets will be showcasing viable Public-Private-Partnership (PPP) projects offering opportunities for investors to leverage on the various business attractions from both the government and individual stakeholders who will be in attendance and to afford financing opportunities for credible investors to access funding for various sector involvements including InfoTech, Agricultural and Agro-processing, Oil and Gas, Mining, Road and Building Projects, Health, Transport, Tourism and Hospitality, Real Estate and Property development and a myriad of Infrastructural Development projects
“Worthy of note, as posited by the Organizing Committee, is that the benefits to the FCT is that the Summit and Expo will help boost developmental activities in Abuja and its environs; creation of over 500,000 job opportunities for the Abuja populace and its environs; drive the socio-economic growth of the Federal Capital Territory, which is a fundamental aspect of the ‘Renewed Hope’ mantra of President’s Tinubu’s administration
“It is expected that the Abuja Investment Summit and Expo will objectively result in stimulating deals and securing transactions for accelerated economic development of the FCT in industrialization and manufacturing, creation of economic zones and industrial parks, trade logistics for regional integration, structural transformation for private sector competitiveness, skill development and job creation among others.”
The Minister of State for Defence, Dr Bello Muhammad Matawalle, and Chief of Defence Staff, General Christopher Gwabin Musa, arrived in Maiduguri, Borno State, on Friday for a high-level operational visit to Operation HADIN KAI (OPHK), the military’s counter-insurgency campaign in the North East.
The visit, according to a statement by Ahmad Dan Wudil, the minister’s media aide, aims to evaluate the troops’ operational readiness, boost morale among frontline personnel, and review strategies to restore lasting peace and stability in the region.
The statement underscored the Armed Forces of Nigeria’s commitment to safeguarding the nation’s sovereignty and territorial integrity.
The trip comes amid growing concerns over resurgent attacks by Boko Haram and the Islamic State West Africa Province (ISWAP) in Borno State.
Earlier this month, Governor Babagana Zulum warned that the security situation was deteriorating, with insurgents dislodging military formations in areas such as Wulgo, Wajiroko, and Sabon Gari.
Zulum urged the federal government and security agencies to act decisively to prevent a reversal of the gains made in the fight against insurgency.
“While we appreciate the tremendous support from the federal government and the military, the current shift in focus away from the North East risks undermining our progress,” Zulum said, highlighting the need for renewed efforts to curb the escalating violence.
The minister’s visit signals a renewed commitment to addressing the security challenges in Borno, where sporadic attacks have raised fears among residents and displaced communities.
Operation HADIN KAI remains a cornerstone of Nigeria’s efforts to combat insurgency and restore stability to the troubled region.
By Israel Bulus, Kaduna
As Nigeria joins the global community to mark World Malaria Day 2025, the Caleb Danladi Foundation has stepped up its efforts to combat the disease, with a special focus on protecting vulnerable populations.
Aligning with this year’s theme, “Malaria Ends With Us: Reinvest, Reimagine, Reignite,” the Foundation facilitated the re-enrollment of hundreds of women, children, and other at-risk groups into the Kaduna State Health Insurance Scheme.
Founder of the Foundation, Captain Caleb Danladi, disclosed that the organisation fully funded the beneficiaries’ insurance premiums to enhance their access to malaria prevention and treatment services.
Speaking during Friday’s commemoration, Danladi lamented that malaria continues to claim countless lives, particularly in underserved communities.
“Healthcare is a right, not a privilege,” he said. “On this World Malaria Day, we reaffirm our commitment to saving lives through direct support, strong advocacy, and strategic investments in community health solutions.”
He emphasised the need for sustained investments in healthcare and a reimagined approach to delivering equitable services across communities.
Danladi also urged government agencies, healthcare workers, and development partners to strengthen collaboration efforts aimed at eradicating malaria, noting that safeguarding the health and dignity of Nigerians especially women and children is a shared responsibility.
The Director-General (D-G) of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, stated that Africa would be minimally impacted by the tariffs imposed by the President of the United States of America (USA), Donald Trump.
Okonjo-Iweala made the remark during an interview with Nigerian journalists at the Spring Meetings of the World Bank in Washington D.C. on Friday.
She explained that only 6.5 per cent of Africa’s exports go to the USA, while 4.4 per cent of its imports come from the U.S., meaning that the impact on the continent would be minimal.
“The trade of the continent is very limited with the USA. We have done the analysis, and the impact on the continent as a whole is not significant,” she said.
However, she noted that Africa’s limited trade with the USA was also not ideal, as it hindered economic growth.
The D-G emphasised that Africa needed to focus on utilising its own resources to reach its full potential, as aid was declining, and the continent required more investment.
She pointed out that Africa must strengthen internal trade, citing Lesotho as an example.
In spite of Lesotho exporting 200 million dollars’ worth of textiles to the USA, the country faced challenges due to the shrinking U.S. market.
Okonjo-Iweala noted that Africa spent 7 billion dollars annually on importing textiles, suggesting that Lesotho should instead focus on selling textiles within African markets.
She also urged the USA to consider the effects of tariffs on least-developed countries, calling for a reassessment of the reciprocal tariffs in poorer nations.
Okonjo-Iweala concluded that Africa needed more investments and should work towards boosting intra-Africa trade, which remained underdeveloped.
“We cannot trade more externally, where our trade is only 3 per cent of world trade, or internally, where intra-Africa trade is 16 to 20 per cent at most,” she said.(NAN)