Showing posts with label government. Show all posts
Showing posts with label government. Show all posts

Monday, January 19, 2026

Nigeria aims to court investors at Davos as global capital pulls back

Nigeria will use this year’s World Economic Forum in Davos to press its case as a stable, reforming economy at a time when global investors are pulling back from emerging markets and geopolitical tensions are reshaping capital flows.

Led by Vice President Kashim Shettima, Nigeria’s delegation to the January 19–23 meetings includes Wale Edun, the finance minister and coordinating minister of the economy, who is attending as a VIP participant, according to a statement signed by Ogho Okiti, special adviser to the minister of finance, on Monday.

The forum’s theme, The Spirit of Dialogue, aligns with Nigeria’s strategy of pairing macroeconomic reforms with sustained engagement with investors, development partners, and global policymakers.

“At a time of heightened uncertainty, the world is looking to Nigeria as a pillar of economic stability in Africa — not only because of its size, but because of the reform choices it has made,” the finance ministry said.
“This positioning places Nigeria firmly within the global dialogue on how emerging markets can navigate volatility while sustaining reform momentum.”

According to the ministry, Nigeria’s message in Davos is straightforward: the country intends to stay the course on market-oriented reforms, maintain macroeconomic discipline, and protect institutional credibility, including the operational independence of the Central Bank of Nigeria, as a foundation for price stability and investor confidence.

That positioning comes as emerging markets face tightening financial conditions, weaker multilateral cooperation, and rising debt pressures. Nigeria is seeking to distinguish itself by arguing that reforms introduced since May 2023 are beginning to yield tangible results.

Africa’s most populous economy embarked on some market reforms nearly three years ago, including eliminating costly fuel subsidies and floating its currency — the twin policies that have now stabilised the economy and placed it on a more fiscal footing.

According to the finance ministry, Nigeria will use the forum to report progress rather than make new promises. Officials point to more predictable macroeconomic conditions, improving growth performance, moderating inflation trends, stronger external buffers, and renewed international confidence, including Nigeria’s removal from major global financial grey lists.

Beyond signalling reform credibility, Edun’s meetings in Davos will focus on deepening dialogue with global investors, development finance institutions, credit ratings agencies, and multinational companies. The aim is to address lingering concerns around policy consistency, foreign-exchange stability, inflation, and fiscal sustainability, while reinforcing Nigeria’s ambition to act as a reform anchor in Africa’s largest economy.

The government says this engagement builds on renewed investor interest, particularly from Europe and the UK, and Nigeria’s gradual reintegration into global financial markets after years of capital controls and policy uncertainty.

A central theme of Nigeria’s Davos strategy this year is shifting discussions from promotion to execution. Officials say Nigeria has opened multiple investment talks over the past two years across energy, infrastructure, manufacturing, agriculture, technology, and financial services. The focus in Davos will be on converting those discussions into firm commitments.

Rather than broad pitches, Edun is expected to push investors on what specific policy assurances, regulatory frameworks, or risk-mitigation tools are required to take projects to financial close. The approach reflects a broader attempt to unlock delayed capital and accelerate project execution in an environment where global funding has become more selective.

Nigeria’s message is shaped by wider global pressures. Trade rules are being rewritten, capital flows to developing economies have tightened sharply, and climate finance remains unevenly distributed. At the same time, rapid technological change is disrupting labour markets faster than new jobs are being created.

Against that backdrop, Nigeria is framing its reform agenda around domestic revenue mobilisation, private-sector-led growth and institutional credibility, with macroeconomic stability positioned as a prerequisite for inclusive development.

By Wasiu Alli, Business Day

Thursday, January 15, 2026

U.S. suspends visa processing for Nigeria, 74 others

The United States of America has announced an indefinite suspension of visa processing for Nigeria and 74 other countries with effect from Jan. 21, 2026.A State Department memo directed consular officers to refuse visas under existing law, while screening and vetting procedures are reassessed.

According to the memo, the pause begins on Jan. 21 and will continue indefinitely until the Department of State completes its reassessment of visa processing.

The State Department spokesperson, Tommy Piggott, said that “Immigration from these 75 countries will be paused while procedures are reassessed to prevent entry of foreign nationals who would take welfare and public benefits.”

The United States and Nigeria operate visa reciprocity policies, which means that countries set visa rules based on how their citizens are treated abroad.

If U.S. citizens face limits or high fees, Nigeria may impose similar restrictions through reciprocity schedules.

The key aspects include fees, validity periods and permitted numbers of entries.

The affected countries include Afghanistan, Albania, Algeria, Antigua and Barbuda, Armenia, Azerbaijan, Bahamas, Bangladesh, Barbados, Belarus, Belize, Bhutan, Bosnia, Brazil and Burma.

Others listed are Cambodia, Cameroon, Cape Verde, Colombia, Cote d’Ivoire, Cuba, Democratic Republic of the Congo, Dominica, Egypt, Eritrea and Ethiopia.

The other countries include Fiji, Gambia, Georgia, Ghana, Grenada, Guatemala, Guinea, Haiti, Iran, Iraq, Jamaica, Jordan and Kazakhstan, Kosovo, Kuwait, Kyrgyzstan, Laos, Lebanon, Liberia, Libya, Macedonia, Moldova, Mongolia, Montenegro, Morocco and Nepal.

The list also includes Nicaragua, Pakistan, Republic of the Congo, Russia, Rwanda, Saint Kitts and Nevis, and Saint Lucia, Saint Vincent and the Grenadines, Senegal, Sierra Leone, Somalia, South Sudan, Sudan, Syria, Tanzania, Thailand, Togo, Tunisia and Uganda Uruguay, Uzbekistan and Yemen.

Tuesday, January 13, 2026

Nigeria set to pass AI law, among first in Africa to regulate sector

Nigeria is moving to become one of the first African countries to formally regulate artificial intelligence (AI), as lawmakers prepare to pass legislation that would tighten oversight of a fast-growing digital sector long dominated by global technology firms.

The proposed National Digital Economy and E-Governance Bill would give regulators broad powers over data use, algorithms and digital platforms, filling a regulatory gap that has persisted since Nigeria released a draft national AI strategy in 2024.

Lawmakers expect to approve the bill by the end of March.

Under the proposal, higher-risk AI systems — including those deployed in finance, public administration, surveillance and automated decision-making — would face stricter scrutiny. Developers would be required to submit annual impact assessments detailing risks, mitigation measures and system performance.

The bill would also allow regulators to impose fines of up to 10 million naira ($7,000) or as much as 2% of an AI provider’s annual revenue generated in Nigeria, although it does not specify how penalties would be calculated or enforced.

The legislation is designed to regulate AI early rather than retroactively, as adoption accelerates across Nigeria’s financial sector, public services and private industry, according to Kashifu Abdullahi, director-general of the National Information Technology Development Agency (NITDA).

“If passed, Nigeria would be among the first African countries to adopt an economy-wide regulatory framework for artificial intelligence,” Abdullahi said in an interview with Bloomberg.

Several African countries, including Mauritius, Egypt and Benin, have published AI strategies, but few have enacted comprehensive legislation governing the technology.

The proposed law sets ethical standards around transparency, fairness and accountability, and adopts a risk-based approach similar to regulatory frameworks emerging in Europe and parts of Asia. That could reshape how multinational technology companies — from US-based firms such as Google to Chinese cloud providers — operate in Africa’s most populous country.

“In governance, we need safeguards and guardrails to ensure the AI we build operates within acceptable boundaries,” Abdullahi said. “That way, bad actors can be detected and contained.”

The bill would empower regulators to demand information from AI providers, issue enforcement directives and suspend or restrict systems deemed unsafe or non-compliant. It also provides for regulatory “sandboxes”, allowing startups and institutions to test AI systems under supervision in an effort to balance oversight with innovation.

“Regulation is not just about giving commands,” Abdullahi said. “It’s about shaping market and societal behaviour so people can build AI for good.”

By Oluwatosin Ogunjuyigbe, Bussiness Day

Friday, January 9, 2026

Trump Says There Could Be More US Strikes In Nigeria

President Donald Trump has warned that the United States could carry out further military strikes in Nigeria if Christians continue to be killed, reigniting a sensitive debate over religious violence and foreign intervention in Africa’s most populous nation.

Trump made the remarks in an interview with The New York Times, published on Thursday, while responding to questions about a US military strike carried out in Nigeria on Christmas Day. At the time, the US military said the operation targeted Islamic State militants in north-west Nigeria and was conducted at the request of the Nigerian government.

Nigeria, however, described the operation as a joint counterterrorism effort, stressing that it was aimed at armed groups designated as terrorists and “had nothing to do with a particular religion”.

“I’d love to make it a one-time strike,” Trump was quoted as saying. “But if they continue to kill Christians, it will be a many-time strike.”

Pressed on comments by his own Africa adviser that extremist groups such as Islamic State and Boko Haram have killed more Muslims than Christians in Nigeria, Trump acknowledged that Muslims were also victims but insisted that Christians were being targeted disproportionately.

“I think that Muslims are being killed also in Nigeria. But it’s mostly Christians,” he said.

Trump has repeatedly raised alarms about the safety of Christians in Nigeria, beginning in late October when he warned that Christianity faced what he described as an “existential threat” in the country. He has accused Nigerian authorities of failing to adequately protect Christian communities and has openly threatened US military intervention if the violence continues.

Nigeria has firmly rejected claims of systematic persecution of Christians. The government maintains that the country’s security challenges are complex and largely driven by insurgency, banditry and criminal violence rather than religious targeting.

With a population of more than 230 million people, Nigeria is almost evenly divided between Christians, who are concentrated mainly in the south, and Muslims, who predominate in the north. Islamist insurgencies, particularly Boko Haram and its offshoots, have plagued parts of northern Nigeria for more than a decade, killing thousands and displacing millions.

Nigerian authorities have repeatedly pointed out that militant attacks have claimed the lives of both Muslims and Christians, arguing that framing the violence along religious lines oversimplifies the crisis and risks inflaming tensions.

Following Trump’s earlier threats, the Nigerian government said it was willing to continue cooperating with Washington in combating terrorism but rejected language suggesting that Christians alone were under threat.

The latest comments are likely to strain diplomatic relations further, as Nigeria balances its partnership with the United States against concerns over sovereignty, security cooperation and the portrayal of its internal conflicts on the global stage.

By Melissa Enoch, Arise News

Thursday, January 8, 2026

Nigeria reveals $17.8 million electricity debt owed by its neighbours

The Nigerian Electricity Regulatory Commission (NERC), in its Third Quarter 2025 report, disclosed that Togo, Niger, and Benin owe Nigeria $17.8 million (N25 billion).

The report showed that the Market Operator invoiced a total of $18.69 million for electricity provided over the review period to the three countries, but only remitted $7.125 million, leaving an outstanding balance of $11.56 million.

Furthermore, international bilateral clients had legacy invoices totaling $14.7 million, of which they paid $7.84 million, leaving a debt of $6.23 million.

As reported by the Punch Newspaper, the debt accumulated between the previous quarters and Q3 2025 was $17.8 million (N25.36 billion).

The regulator identified the international offtakers as Compagnie Énergie Électrique du Togo, Société Béninoise d'Énergie Électrique of the Republic of Benin, and Société Nigérienne d'Électricité of the Republic of Niger.

The regulatory body reported that the three foreign bilateral clients that bought electricity from the grid-connected GenCos paid a total of $7.125 million toward the $18.69 million invoice that the Market Operator sent them for services provided in 2025/Q3.

A majority of the invoices remained outstanding at the close of the quarter, per to the report, which revealed that the remittance level reflected a 38.09 percent remittance performance.

“The three international bilateral customers being supplied by GenCos in the NESI made a payment of $7.12m against the cumulative invoice of $18.69m issued by the MO for services rendered in 2025/Q3, translating to a remittance performance of 38.09 per cent,” the NERC stated.

“The domestic bilateral customers made a cumulative payment of N3.19bn against the invoice of N3.64bn issued to them by the MO for services rendered in 2025/Q3, translating to 87.61 per cent remittance performance,” it added.

The NERC went on to disclose that, from a total invoice of N400.48 billion, Nigeria's 11 energy distribution companies sent a sum totaling N381.29 billion to the Nigerian Bulk Energy Trading Plc and the Market Operator in Q3 2025.

This reflects a remittance performance of 95.21%.

By Chinedu Okafor, Business Insider Africa

Wednesday, January 7, 2026

Video - Nigeria implements reform aimed at widening tax net



Nigeria has launched one of its most ambitious tax reforms in decades, aimed at broadening the tax base, streamlining collections, and boosting government revenue. The policy, introduced following a costly fuel subsidy removal and currency reforms that increased the cost of living, has generated both hope and concern across Africa’s largest economy.

Monday, January 5, 2026

Video - Locals in northern Nigeria warned against handling unexploded artillery



The Nigerian military has urged civilians in the country’s northwest not to keep or tamper with unexploded artillery found at sites targeted in recent US airstrikes. The warning comes after online footage showed local residents scavenging debris and unexploded ordnance at strike locations in Sokoto State, raising fears of potentially deadly explosions.

Friday, January 2, 2026

Nigeria kicks off new tax regime vowing relief for low earners

The new system, based on four bills signed into law in June, came into effect despite calls for a delay by the opposition which alleged that the goverment had made unauthorised changes to the tax code.

The four laws -- the Nigeria Tax Law, Nigeria Tax Administration Law, Nigeria Revenue Service (Establishment) Law, and Joint Revenue Board (Establishment) Law -- are a "one-stop shop," simultaneously increasing revenue generation and reducing the tax burden on low-income earners, tax expert Chukwuema Eze told AFP.

Opposition leader Atiku Abubakar accused the government of inserting "illegal and unauthorized alterations" to the laws.

President Bola Tinubu, who has energetically backed the tax reforms, dismissed the claims, calling them "premature" and "reactive", and said the new tax regime was in Nigeria's best interest.

"No substantial issue has been established that warrants a disruption of the reform process," Tinubu said in a statement on Tuesday.

In his New Year message, the president insisted that his tax reforms were "designed to build a fair, competitive, and robust fiscal foundation for Nigeria."

"By harmonising our tax system, we aim to raise revenue sustainably, address fiscal distortions and strengthen our capacity to finance infrastructure and social investments that will deliver shared prosperity," he said.

The west African economic powerhouse has a tax-to-GDP ratio of 13.5 percent, according to government figures, which is below the continental average.

The tax-to-GDP ratio is a measure of a government's capacity to raise money for public services and infrastructure.

By comparison, The EU and US have a tax-to-GDP ratio of over 25 percent.

Nigeria, divided into 36 states, has long struggled to reform its tax system -- with the government saying its new package will "harmonise" levies across the nation.

"This is a significant step toward building a simpler, fairer, and more growth-oriented tax system," Taiwo Oyedele, who heads Tinubu's tax reforms committee, said on X on Thursday.

Nigeria’s NNPC Boosts Oil Production to 1.6 Million Bpd

Nigeria’s state-owned oil and gas company NNPC this week reported crude oil and condensate production of 1.6 million barrels per day (bpd) for November 2025, up by 1.3% from October levels.

Natural gas output fell slightly to 6.97 million standard cubic feet per day (mscfd) in November, compared with 6.99 mscfd for the previous month.

NNPC’s profit after tax and revenues rose in November from October.

Going forward, the company plans to “Intensify collaboration with our partners through year-end and into 2026 to ensure improved production performance, maximise infrastructure uptime, and maintain high facility maintenance standards across all our assets.”

NNPC is set to increase oil production to 2 million bpd over the next two years, its executive vice president for upstream, Udy Ntia, said in November 2025. By 2030, NNPC will be pumping 3 million barrels daily, according to the official.

Nigeria has been pumping more crude and drilling more new wells than it has in years, thanks to reforms under President Bola Tinubu that are finally leading to more cash flowing into the upstream industry. Daily output has climbed to between 1.7 million and 1.83 million barrels, while active rigs surged from 31 in January to 50 by July.

The revival of Nigeria’s oil industry is seen as a result of President Tinubu’s “Project One Million Barrels” and the long-awaited new law for the energy industry that should make the country’s investment environment more predictable to bring international oil majors back. Earlier this month, oil minister Heineken Lokpobiri said recent investment decisions by oil operators could result in a production boost of 200,000 barrels daily.

In the natural gas sector, NNPC and local producer Heirs Energies last month signed a deal to capture and use the gas flared at their onshore OML 17 joint venture near Port Harcourt in a bid to monetize the resource and reduce flaring.

By Tsvetana Paraskova, Oilprice.com

Wednesday, December 31, 2025

Nigeria-China Strategic Partnership Pushes For Stronger Cooperation In Energy Development

The director-general of the Nigeria–China Strategic Partnership (NCSP), Joseph Olasunkanmi Tegbe, has called for stronger cooperation between Nigeria and China in the coming year.

Tegbe, in his new year message, extended warm Christmas and New Year greetings to Christians in Nigeria and China as they celebrate the yuletide season.

He reaffirmed that the NCSP remains committed to translating Nigeria–China cooperation into tangible economic gains through strategic investments in agriculture, automotive manufacturing, mining, steel, and energy, in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu.

In the message, Tegbe described Christmas as a season that embodies the enduring values of love, peace, sacrifice, and unity, principles he noted remain fundamental to fostering harmony within societies and strengthening international partnerships.

He urged Christians of Nigerian and Chinese descent to draw inspiration from the birth and life of Jesus Christ, as enshrined in the Holy Scriptures, and to continue to uphold these values in promoting peaceful coexistence, mutual respect, and shared progress.

Looking ahead to 2026, Tegbe expressed optimism that the coming year holds immense potential for deepening cooperation and advancing the broader objectives of the Comprehensive Strategic Partnership between Nigeria and China, particularly as both countries continue to strengthen economic ties.

By Chika Izuora, Leadership

Rebuilding Nigeria’s food system through practical agricultural reforms

On assuming office, President Bola Tinubu placed food security at the core of his administration’s agenda, framing it as both an economic necessity and a national security imperative.

This priority informed his declaration of a state of emergency on food security in July 2023, a move officials say reshaped Nigeria’s agricultural strategy.

The declaration shifted emphasis from policy debates to practical, on-the-ground initiatives aimed at boosting production, stabilising markets and improving food access nationwide.

Central to this shift is Nigeria’s partnership with Belarus to acquire 10,000 tractors over five years under the Belarus Agricultural Mechanisation Programme.

Officials said the initiative was a major step towards modernising farming while equipping young Nigerians with practical skills in mechanised agriculture.

With Belarus providing equipment and technical support, the programme is expected to create jobs, reduce food imports and revitalise rural economies.

Complementing this is the Greener Hope Agricultural Mechanisation Programme, designed to further enhance food production and strengthen agricultural resilience.

In June 2025, President Tinubu inaugurated 2,000 tractors for nationwide deployment under the Renewed Hope Agricultural Mechanisation Programme.

The initiative aims to empower smallholder farmers with modern equipment, reduce manual labour and greatly increase crop yields.

Government projections indicate the programme will produce over two million metric tonnes of staple foods while creating jobs for youths and women.

The tractors have been delivered, with plans to deploy them through Agricultural Mechanisation Service Centres to ensure affordability, maintenance and efficient service delivery.

At the unveiling, President Tinubu reaffirmed his administration’s commitment to transforming agriculture through mechanisation and national food security.

He stated that the rollout was a landmark moment in his food security agenda and a crucial effort to empower farmers and stimulate rural development.

“When deployed, the equipment will empower mechanisation, create job opportunities and make farming easier,” Tinubu said.

He added, “We made a promise when we came in. We are fulfilling that promise. Two years ago, I sounded the alarm on our nation’s food security”.

Tinubu stressed that agricultural productivity was synonymous with national stability and food sovereignty.

Minister of Agriculture and Food Security, Sen. Abubakar Kyari, said the unveiling was a defining milestone in Nigeria’s agricultural transformation.

“It is a bold affirmation that under President Tinubu, agriculture is once again at the heart of our national development strategy,” Kyari said.

“Never in Nigeria’s history have we witnessed an agricultural mechanisation initiative of this scale, ambition and national focus,” he added.

Kyari noted that the programme unveiled 2,000 tractors, harvesters, mobile workshops, over 9,000 implements and spare parts.

He said the initiative would cultivate over 550,000 hectares, produce over two million metric tonnes of staples and directly benefit 550,000 farming households.

Beyond mechanisation, agro-industrialisation remains a key pillar of the administration’s agricultural reforms.

The Special Agro-Industrial Processing Zones programme is designed to drive industrial transformation across the agricultural value chain.

At the SAPZ groundbreaking in Ijaiye, Ibadan, Vice-President Kashim Shettima described the initiative as a catalyst for industrial revolution.

Represented by Kyari, Shettima said the programme marked a decisive stride toward building a resilient, self-sufficient and prosperous Nigeria.

“This is not just infrastructure, It is a bold declaration that Nigeria’s future lies in value-added agricultural production.

“The SAPZ initiative is a cornerstone of the Renewed Hope Agenda championed by President Tinubu,” Shettima added.

Youth and women inclusion has also featured prominently in the administration’s food security strategy.

Kyari said empowering youth and women farmers would accelerate development, boost production and revitalise agribusiness.

According to him, young entrepreneurs drive innovation, create economic opportunities and foster inclusive agricultural growth.

Meanwhile, Minister of State for Agriculture, Sen. Aliyu Abdullahi, said government was promoting year-round farming.

He disclosed that a Dry Season Farming Initiative covering 500,000 hectares had commenced nationwide.

“The first phase focused on wheat in 15 states, while the second phase covers rice, maize and cassava,” Abdullahi said.

To strengthen planning and competitiveness, the Federal Government signed an MoU with the National Space Research and Development Agency (NASRDA) on agricultural produce traceability and farmland monitoring.

Kyari said the agreement was “strategic and symbolic” for Nigeria’s participation in global markets.

NASRDA Director-General, Dr Mathew Adepoju, said satellite technology would be deployed to trace agricultural produce.

“We will continuously support the ministry’s programmes and ensure full implementation of the MoU,” Adepoju said.

Permanent Secretary, Dr Marcus Ogunbiyi, said traceability and deforestation-free supply chains had become global imperatives.

The government also reported steady growth in agricultural output during the 2025 wet season.

Presenting the 2025 Agricultural Performance Survey, Kyari said production of major staples rose above 2024 levels.

“This progress, coupled with significant price drops, reflects improved supply and cumulative intervention effects,” he said.

Similarly, Prof. Yusuf Ahmad, Executive Director of the National Agricultural Extension and Research Liaison Services (NAERLS), said maize, rice and sorghum prices dropped by over 50 per cent nationwide.

Also, Vice-Chancellor of ABU Zaria, Prof. Adamu Ahmed, said Nigerian farmers had shown remarkable resilience.

“Our task now is to make agriculture more adaptive, efficient and data-driven,” he said.

To address financing gaps, Kyari disclosed that President Tinubu approved N1.5 trillion recapitalisation of the Bank of Agriculture.

He added that a N250 billion financing window for smallholder farmers had also been approved.

Kyari said agriculture remains the backbone of Nigeria’s economy and central to national renewal.

“Independence is not only political; it is economic and agricultural self-reliance,” he said.

“With President Tinubu at the helm, Nigeria will achieve food sovereignty where no family goes hungry,” Kyari added.

However, some agricultural economists caution that mechanisation alone cannot resolve Nigeria’s deep-rooted food insecurity challenges without parallel investments in infrastructure and security.

Dr Muhammad Ibrahim, an agricultural economist, said poor rural roads, storage deficits and insecurity still limit farmers’ ability to maximise mechanisation gains.

“Tractors increase output, but without access roads, storage facilities and stable markets, farmers may still incur post-harvest losses,” Ibrahim said.

Similarly, food systems analyst Dr Aisha Bello warned that affordability remains a major concern for smallholder farmers.

“If access to mechanisation services is not subsidised and transparent, smallholders risk exclusion despite the scale of these interventions,” she said.

Some farmer groups have also urged caution, stressing the need for inclusive deployment models.

A maize farmer in Kaduna, who requested anonymity, said, “Mechanisation is welcome, but farmers need clarity on costs, availability and maintenance support”.

Climate experts further argue that mechanisation must be aligned with climate-smart agriculture.

Dr Samuel Onyekachi, an environmental policy researcher, said erratic rainfall and soil degradation could undermine productivity gains.

“Without climate adaptation measures, higher production targets may not be sustainable in the long term,” he said.

Civil society organisations have also called for stronger monitoring and transparency.

The Agriculture and Food Security Network said independent oversight was needed to ensure equitable tractor allocation and prevent elite capture.

In spite of the concerns, most experts agree that the administration’s interventions mark a huge departure from past approaches.

They stress that sustained implementation, accountability and farmer-centred execution will determine whether the reforms translate into lasting food security.

By Doris Esa, NAN

Monday, December 29, 2025

Nigeria's NNPC targets industrial boom in country's north as gas pipeline nears completion

Nigeria’s state oil company is betting on a long-delayed gas pipeline to ignite an industrial revolution in the country’s north, its chief executive said after briefing President Bola Tinubu on Sunday.

Bashir Ojulari, Group CEO of NNPC Ltd, told reporters that the company has completed welding the main line of the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) pipeline, including the critical River Niger crossing - a feat that has stalled progress for years. The milestone clears the way for connecting the pipeline early next year, a move Ojulari says will “bring gas in its full form into the northern part of Nigeria.”

“This is not just about energy,” Ojulari said. “It’s about industrialisation - fertiliser plants, power generation, and gas-based industries in Kaduna, Kano, Abuja, and Ajaokuta. We expect to see industrial parks spring up.”

The AKK pipeline, first conceived in 2008, is central to Nigeria’s ambition to leverage its vast gas reserves for economic growth. Its completion could transform the north, where chronic power shortages and a lack of energy infrastructure have stifled manufacturing for decades.

Ojulari also revealed NNPC’s production targets: oil output is expected to rise to 1.8 million barrels per day in 2026, up from about 1.7 million this year, while gas production will continue to climb. He credited structural reforms under the Petroleum Industry Act for enabling NNPC to operate as a profit-driven company, no longer reliant on federal allocations.

Ojulari said PresidentTinubu reaffirmed his push for $30 billion in new investments by 2030 and oil output of 2 million barrels per day by 2027.

By Camillus Eboh, Reuters

Friday, December 26, 2025

Nigeria provided US with intelligence for strikes on Islamist militants, says foreign minister

Nigeria provided the US with intelligence on jihadists before the strikes that took place in the country on Christmas Day, its foreign ministry said on Friday.

On Thursday, the US president, Donald Trump, said the US military had carried out strikes against Islamic State militants in north-west Nigeria, after spending weeks decrying the group for targeting Christians.

In a post on his Truth Social platform, the president said: “Tonight, at my direction as Commander in Chief, the United States launched a powerful and deadly strike against ISIS Terrorist Scum in Northwest Nigeria, who have been targeting and viciously killing, primarily, innocent Christians, at levels not seen for many years, and even Centuries!

“I have previously warned these Terrorists that if they did not stop the slaughtering of Christians, there would be hell to pay, and tonight, there was. The Department of War executed numerous perfect strikes, as only the United States is capable of doing.”

Now, Nigerian foreign minister, Yusuf Tuggar, has told broadcaster ChannelsTV that he was on the phone with the US secretary of state, Marco Rubio, and that Nigeria “provided” the intelligence.

“We spoke twice. We spoke for 19 minutes before the strike and then we spoke again for another five minutes before it went on,” Tuggar said.

He added that they spoke “extensively” and that President Bola Tinubu gave “the go-ahead” to launch the strikes.

Tuggar did not rule out further strikes, describing them as an “ongoing process” that would also involve other countries.

In an interview with the BBC, Tuggar insisted the strikes had “nothing to do with a particular religion”. He said the operation did not have “anything to do with Christmas, it could be any other day - it is to do with attacking terrorists who have been killing Nigerians”.

Trump has previously said he would launch a “guns-a-blazing” US military intervention in Nigeria, claiming that the country’s government has been inadequate in its efforts to prevent attacks on Christians by Islamist groups.

Thursday, November 13, 2025

Nigeria drops planned fuel import tariff

Nigeria has ended plans to impose a 15% import duty on petrol and diesel amid assurances of adequate supply during the year-end holidays, the downstream regulator said on Thursday.

The tariff, approved by President Bola Tinubu as part of fiscal reforms to boost non-oil revenues, was disclosed in a leaked government memo last month. It was supposed to take effect in December.

"The implementation of the 15% ad-valorem import duty on imported premium motor spirit and diesel is no longer in view," the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said in a statement.

Fuel marketers had lobbied against the measure, warning it could restrict imports and leave the country reliant on a single source, the 650,000-barrel-per-day Dangote Petroleum Refinery in Lagos.

Africa's biggest oil producer spends millions of dollars each year importing fuels and this has continued even after the Dangote Petroleum Refinery began processing crude last year.

The NMDPRA assured buyers of adequate supply during the holiday and warned against panic buying.
"The Authority will continue to monitor supply and take necessary steps to avoid disruptions, especially during this peak demand period," it said.

By Isaac Anyaogu, Reuters

Wednesday, November 12, 2025

Video - Nigeria’s return to global debt market signals confidence amid caution



Nigeria’s successful $2.35 billion Eurobond issuance helped renew investor confidence in its economic reforms and leadership. The government aims to use the funds to bridge its fiscal deficit and support efforts to stabilize the economy.

Wednesday, November 5, 2025

China opposes Trump’s threat against Nigeria, declares support for Nigerian Government

China has officially declared its opposition to US threats of sanctions or military actions against Nigeria over allegations of mass slaughter of Christians.

The Chinese government made its position known on Tuesday when Foreign Ministry spokesperson Mao Ning addressed a press conference in Beijing.

“As Nigeria’s comprehensive strategic partner, China firmly supports the Nigerian government in leading its people on the development path suited to its national conditions. China firmly opposes any country using religion and human rights as an excuse to interfere in other countries’ internal affairs, and threatening other countries with sanctions and force,” Ms Ning said, according to the transcript of the interview posted on the Chinese government’s website.

PREMIUM TIMES reported the threat by US President Donald Trump to either sanction Nigeria or use military action if the Nigerian government does not stop what US officials claim is a genocide against Nigerian Christians.

Mr Trump also designated Nigeria a Country of Particular Concern (CPC) and claimed that Christianity faces an existential threat in Nigeria, as radical Islamic groups were killing thousands of Christians.

This comes after weeks of campaigns and demands by some US lawmakers for the country to sanction Nigeria for allowing the “persecution of Christians.”

The officials had falsely accused the Nigerian government of facilitating an anti-Christian crusade in an attempt to rid the country of Christians.

The Nigerian government has, however, repeatedly denied the claims.

In a statement issued on Saturday, President Bola Tinubu rejected the assertion of an existential threat to the Nigerian Christian faith, noting that the country strictly upholds the constitutional guarantees of religious liberty.

He stated that the portrayals of Nigeria as facilitating Christian genocide “do not reflect our national reality.”

He emphasised that Nigeria “opposes religious persecution and does not encourage it.”

Similarly, the Nigerian Ministry of Foreign Affairs declared that Nigeria is committed to tackling the violent extremism “fueled by special interests who have helped drive such decay and division in countries across the intersecting West African and Sahel regions.”

“Religious freedom and tolerance have been a core tenet of our collective identity and shall always remain so,” it said.

By Beloved John, Premium Times

Monday, November 3, 2025

Video - Nigeria-US tensions rise over religious killings claims



US President Donald Trump has threatened military action against Nigeria, accusing the government of failing to protect Christians. Nigerian President Bola Tinubu rejected the claims, saying insecurity affects all Nigerians regardless of faith and that freedom of worship is guaranteed.

Video - Trump threatens to launch attacks in Nigeria over ‘killing of Christians’



US President Donald Trump is threatening to send military forces into Nigeria, unless the government stops what he called the killings of Christians by terrorists. A few hours before Trump’s threat, Nigerian President Bola Ahmed Tinubu released a statement stressing that his government “continues to address security challenges which affect citizens across faiths and regions”. Bulama Bukarti, a Nigerian humanitarian lawyer and analyst on conflict and development, told Al Jazeera that President Trump's claims are not credible.

Nigeria rejects claims of Christian genocide as Trump mulls military action

Nigeria has said it would welcome assistance from the United States in fighting armed groups, as long as its territorial integrity is respected, as US President Donald Trump continued to threaten military action in the West African country over what he claimed was the persecution of Christians there.

Officials and experts in Nigeria on Sunday denied Trump’s claims of mass killings of Christians, noting that Boko Haram and al-Qaeda-linked groups target people of all faiths in Africa’s most populous country.

But Trump – who has directed his government to prepare for possible “fast” military action in Africa’s most populous country – doubled down on the threat on Sunday, saying he was he was considering a range of military options in Nigeria,

When asked by a reporter if he was considering US troops on the ground in Nigeria or air strikes, Trump replied: “Could be, I mean, a lot of things – I envisage a lot of things.”

“They’re killing the Christians and killing them in very large numbers. We’re not going to allow that to happen,” he added.

Nigeria, a country of more than 200 million people, is divided between the largely Muslim north and mostly Christian south. Armed groups have been engaged in a conflict that has been largely confined to the northeast of the country, which is majority Muslim, and has dragged on for more than 15 years.

Kimiebi Imomotimi Ebienfa, a spokesman for Nigeria’s Ministry of Foreign Affairs, in an interview with Al Jazeera on Sunday, denied Trump’s claims of mass killings of Christians.

“We are not proud of the security situation that we are passing through, but to go with the narrative” that only Christians are targeted, “no, it is not true. There is no Christian genocide in Nigeria”, he said.

“We’ve continuously made our point clear that we acknowledge the fact that there are killings that have taken place in Nigeria, but those killings were not restricted to Christians alone. Muslims are being killed. Traditional worshippers are being killed… The majority is not the Christian population.”

Imomotimi Ebienfa said Nigeria was ready to work with its partners to “fight this scourge of terrorism, but not any passive action that will undermine the sovereignty of our country”.

He also vehemently denied that the Nigerian government has allowed the killings to take place.

“The killings are not sanctioned by the Nigerian government,” he said. “The killing of any Nigerian in any part of the country is a loss to the country … The perpetrators of these killings are terrorist groups Boko Haram and other al-Qaeda and [ISIL] ISIS-affiliated groups that are perpetuating this crisis.”

An adviser to Nigerian President Bola Tinubu also echoed the sentiment.

Daniel Bwala told the Reuters news agency on Sunday that the country would “welcome US assistance as long as it recognises our territorial integrity”.

Bwala sought to play down tensions between the two states, despite Trump calling Nigeria a “disgraced country”.

“We don’t take it literally, because we know Donald Trump thinks well of Nigeria,” Bwala said.

“I am sure by the time these two leaders meet and sit, there would be better outcomes in our joint resolve to fight terrorism,” he said.

Trump’s threat of military action came a day after his administration added Nigeria back to a “Countries of Particular Concern” list of nations that Washington says have violated religious freedoms. Other nations on the list include China, Myanmar, North Korea, Russia and Pakistan.

Tinubu, a Muslim from southern Nigeria who is married to a Christian pastor, on Saturday pushed back against accusations of religious intolerance and defended his country’s efforts to protect religious freedom.

When making key government and military appointments, Tinubu, like his predecessors, has sought to strike a balance to make sure that Muslims and Christians are represented equally. Last week, Tinubu changed the country’s military leadership and appointed a Christian as the new defence chief.

“Since 2023, our administration has maintained an open and active engagement with Christian and Muslim leaders alike and continues to address security challenges which affect citizens across faiths and regions,” Tinubu said in a statement.

“The characterisation of Nigeria as religiously intolerant does not reflect our national reality, nor does it take into consideration the consistent and sincere efforts of the government to safeguard freedom of religion and beliefs for all Nigerians.”
‘No Christian genocide’

While human rights groups have urged the government to do more to address unrest in the country, which has experienced deadly attacks by Boko Haram and other armed groups, experts say claims of a “Christian genocide” are false and simplistic.

“All the data reveals is that there is no Christian genocide going on in Nigeria,” Bulama Bukarti, a Nigerian humanitarian lawyer and analyst on conflict and development, told Al Jazeera. This is “a dangerous far-right narrative that has been simmering for a long time that President Trump is amplifying today”.

“It is divisive, and it is only going to further increase instability in Nigeria,” Bukarti added, explaining that armed groups in Nigeria have been targeting both Muslims and Christians.

“They bomb markets. They bomb churches. They bomb mosques, and they attack every civilian location they find. They do not discriminate between Muslims and Christians.”

Data by ACLED, a US crisis-monitoring group, backs Bugatti’s assertion.

ACLED research shows that out of 1,923 attacks on civilians in Nigeria so far this year, the number of those targeting Christians because of their religion stood at 50.

“Insurgent groups such as Boko Haram and Islamic State West Africa often present their campaigns as anti-Christian, but in practice, their violence is indiscriminate and devastates entire communities,” said Ladd Serwat, a senior Africa analyst at ACLED.

The violence in Nigeria, he told Reuters, “is part of the complex and often overlapping conflict dynamics in the country over political power, land disputes, ethnicity, cult affiliation, and banditry”.

Serwat said the recent claims circulating among some US right-wing circles that as many as 100,000 Christians had been killed in Nigeria since 2009 are not supported by available data.

Ebenezer Obadare, a senior fellow of Africa studies at the Washington, DC-based Council on Foreign Relations, agreed and said the Trump administration should work with Nigerian authorities to address the “common enemy”.

“This is precisely the moment when Nigeria needs assistance, especially military assistance,” Obadare told Al Jazeera. “The wrong thing to do is to invade Nigeria and override the authorities or the authority of the Nigerian government. Doing that will be counterproductive.”

Friday, October 3, 2025

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