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15TH BRICS SUMMIT: TINUBU’S ECONOMIC REFORMS, DIPLOMATIC ALLIANCES TO ATTRACT INVESTMENTS AND PARTNERSHIPS TO NIGERIA SAYS VP SHETTIMA

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Much Ado About BRIC(S)* _Where do Nigeria Fits in?_ ~Oti Joe ASHIA

15TH BRICS SUMMIT: TINUBU’S ECONOMIC REFORMS, DIPLOMATIC ALLIANCES TO ATTRACT INVESTMENTS AND PARTNERSHIPS TO NIGERIA SAYS VP SHETTIMA

 

 

President Tinubu’s economic reforms and diplomatic alliances are intended to attract investments and partnerships to Nigeria, while aligning with international and regional cooperation, says the Vice President, Sen. Kashim Shettima

 

 

 

 

According to him, “the new government, which began less than three months ago, is examining the variables and evaluating the scope and level of regional and global cooperation to pursue in order to establish Nigeria as the desired friend and partner.”

 

15TH BRICS SUMMIT: TINUBU’S ECONOMIC REFORMS, DIPLOMATIC ALLIANCES TO ATTRACT INVESTMENTS AND PARTNERSHIPS TO NIGERIA SAYS VP SHETTIMA

 

 

The Vice President stated this today in his address to world leaders at the 3rd BRICS-Africa Outreach and BRICS Plus Dialogue on the sidelines of the on-going 15TH BRICS Summit at the Sandton Convention Centre in Johannesburg, South Africa where he represented President Bola Ahmed Tinubu.

Speaking to a large audience which includes Presidents of China, India, Brazil, South Africa and Russia’s Foreign Minister on the theme, ‘BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development, and Inclusive Multilateralism,’, VP Shettima said the theme “underscores the profound realization that the cornerstone of stability within our intricate multipolar landscape lies in fostering developmental partnerships”.

He commended the efforts of the organizers for focusing on the agenda items which centers on “BRICS and Africa, stating that the agenda aligns with “the aspiration of the people we represent, the future citizens of a world that can ensure our collective prosperity”.

While extending Nigeria’s gratitude to the Government and people of the Republic of South Africa for convening the 15th BRICS Summit, the Vice President said “the BRICS-Africa Outreach and BRICS-Plus Dialogue provide a unique platform for deliberation, note comparison, and exploration of a mutually beneficial partnership that could evolve into a novel driving force for development.

‘The international global governance structure to which we currently adhere was established prior to the independence of the African continent and many countries in the global south. So, it’s indeed imperative to reform global governance to align with the realities of today’s world and to acknowledge the necessity for partnerships that ensure shared prosperity, inclusivity and sustainable development.”

The Vice President assured that Nigeria under President Bola Tinubu “is committed to shaping and fortifying the global framework and governance concerning all major international issues, particularly in the fields of finance, climate change, bridging the digital divide, adopting a comprehensive strategy towards debt alleviation, addressing food and energy insecurities, instituting post-pandemic recovery measures, and fostering financial inclusion within developing countries.”

Stressing the need for a revitalized international cooperation that is effective, representative, and inclusive to tackle the challenges facing the world, Vice President Shettima opined that Nigeria is ready for collaboration and “partnership that guarantees a world governed by acceptable rules and norms.

“We seek partnership that provides opportunities for all to engage in trade, prosperity, and shared progress with no marginalisation based on geography, race and legitimate sovereign affiliations”, he affirmed.

On the 2030 Agenda for the Sustainable Development Goals (SDGs), the Vice President observed that the reality of achieving the SDGs remains bleak for many developing countries.

He said “these nations confront historical developmental vulnerabilities and challenges that are beyond their control. Thus, it is imperative for us to unite within regional groups and forge a novel form of international cooperation. This endeavor aims to foster global economic governance reform while enhancing the representation and voice of emerging market economies or developing countries”.

Vice President Shettima while emphasizing partnership as a major key for addressing current global challenges, seeks formidable global partnerships through harnessing the agricultural potential of nations; harnessing renewable energy to revolutionize Africa; fostering technology, innovation, and job prospects for holistic and equitable progress; collaborative efforts on climate change and nature-centered approaches to development;

Others include strengthening vibrant private sector participation among the countries of the global south; nurturing youth employment and skill building as a deterrent against terrorism, organized crime, and related challenges; proactive crisis prevention and heightened resilience as well as promoting proactive involvement of business leadership in shaping an improved and ideal landscape for trade and economic exchanges in the Global South.

Earlier, in his address on the 3rd day of the Summit, the Chair of BRICS and President of South Africa, Cyril Ramaphosa, expressed the commitment of South Africa to advance the interests of the global south. Also, he announced as part of the outcomes of the Summit to expand its objectives, the admission of six new full members which are Argentina, Egypt, Iran, Saudi Arabia, Ethiopia and United Arab Emirates.

In the delegation of the Vice President to the Summit were Nigeria’s High Commissioner to South Africa, Amb. Mohammed Haruna Mantra, the Consul-General, Amb. Andrew Idi and other senior government officials.

Olusola Abiola
Director Information
Office of the Vice President
24th August, 2023

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Peter Obi Offers to Fulfill Bail Conditions for Dele Farotimi, Advocates Justice

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Peter Obi Offers to Fulfill Bail Conditions for Dele Farotimi, Advocates Justice

Peter Obi Offers to Fulfill Bail Conditions for Dele Farotimi, Advocates Justice

The global coordinator of the Obidient Movement has announced that Peter Obi, former presidential candidate and leader of the movement, has stepped forward to fulfill the bail conditions for human rights lawyer Dele Farotimi.

Farotimi, a prominent activist known for his bold stance against systemic issues in Nigeria, was recently granted ₦30 million bail by a Federal High Court following charges filed against him. The case has attracted significant public attention, with widespread support for Farotimi from various quarters.

In a statement, the Coordinator revealed that Obi expressed his gratitude to the judiciary and all stakeholders involved in the legal process. The former presidential candidate emphasized the importance of fairness, transparency, and the rule of law in resolving the matter.

The Obidient Movement, known for championing justice and accountability, has remained vocal in its support for Farotimi. The group reiterated its commitment to upholding the principles of justice and transparency in Nigeria’s judicial system.

The next hearing in Farotimi’s case is scheduled for January 2025, with supporters hopeful for a resolution that upholds the integrity of the legal process.

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Breaking: Speaker Obasa Debunks Allegation Of Spending N17b On Assembly Gate

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Breaking: Speaker Obasa Debunks Allegation Of Spending N17b On Assembly Gate

Breaking: Speaker Obasa Debunks Allegation Of Spending N17b On Assembly Gate

 

The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, on Thursday described the allegation that the House spent N17 billion on the fixing of a gate as spurious and funny.

Breaking: Speaker Obasa Debunks Allegation Of Spending N17b On Assembly Gate

A self-proclaimed group, Lagos State Anti-Corruption Coalition, had accused the Assembly of spending the amount to construct a gate. The group also sought investigation of the claim.

Speaking at plenary, Dr. Obasa said the allegation stemmed from the fear of some people over 2027 which is still more than two years away.

Obasa further debunked the claim that the House spent N200 million on its recently organised 22nd thanksgiving service for staff.

“It is so funny. How much is the allocation of the Assembly in the whole year that we will decide to spend N17 billion on a gate? They even claimed that we expended 200 million on thanksgiving that did not hold.

“We are aware that at a period like this when we are approaching elections in 2027, we should expect such things. I think some people are scared and I don’t know why.

“This House did not and has not embarked on any such project. We are not that reckless. We had our thanksgiving last Friday and dignitaries from various parts of the State attended it,” the Speaker said.

Addressing further claims by the group about the alleged relationship between him and the chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, the Speaker denied attending the latter’s screening and confirmation by the National Assembly.

“They said that I was at the National Assembly when they were confirming the EFCC chairman. I want to believe that there are CCTV cameras at the National Assembly to identify those who attended the event. The press must have written about it too. So the group should do more to confirm if I was there.

“This is just to deny the allegations in the interest of the public and not the writers because the writers are not those we should be joining words with,” the Speaker said.

Earlier, the House, through its spokesperson, Hon. Stephen Ogundipe, had addressed the allegations noting that the Assembly bases its activities on integrity, transparency and accountability.

“It is ludicrous the claim about constituency intervention funds and constituency project funds and their handling by Speaker Mudashiru Obasa and Clerk of the House, Barr. Olalekan Onafeko as claimed by the group.

“One would have expected a self-acclaimed anti-corruption crusading group to do its groundwork before jumping across the fence with conviction that it hit a jackpot to malign an institution of repute in the name of politics.

“Simply put, the Lagos State House of Assembly does not have any such funds. The Assembly does not embark on constituency projects. Instead, once every year, the House holds stakeholders’ meetings simultaneously across the state where constituents have the opportunity to tell the lawmakers their expectations and make requests for the betterment of the state.

“These requests and expectations are compiled and sent to the executive arm of government for consideration as inputs in subsequent budgets. If this is what the group takes as constituency intervention or project funds, we are sure this explanation has given the required education, moreover, it is common knowledge that it is the responsibility of the Executive arm to execute such projects,” the earlier statement by Ogundipe read.

Eromosele Ebhomele
Chief Press Secretary to the Speaker of the Lagos State House of Assembly.

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Banwo & Ighodalo Threaten Legal Action Against APC Chairman Over Defamatory Allegations

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Banwo & Ighodalo Threaten Legal Action Against APC Chairman Over Defamatory Allegations

Banwo & Ighodalo Threaten Legal Action Against APC Chairman Over Defamatory Allegations

Renowned Nigerian law firm Banwo & Ighodalo is preparing to take legal action against Jarrett Tenebe, Acting Chairman of the All Progressives Congress (APC) in Edo State, over allegations described as defamatory and unfounded.

In a formal letter dated December 18, 2024, senior advocate Abimbola Akeredolu (SAN) accused Tenebe of making libelous claims against the firm’s founding partner, Mr. Asue Ighodalo. The allegations stem from a December 17 interview on TMC TV/Radio, during which Tenebe alleged that Mr. Ighodalo “stole 21 government vehicles” from the Edo State Government.

Despite a prior demand for an apology and retraction in a December 11 letter, Tenebe has reportedly failed to comply. Banwo & Ighodalo has now issued a three-day ultimatum for him to withdraw the statements or face formal legal proceedings.

In a related statement, the Team Asue Media Organisation (TAMO) categorically denied the accusations, labeling them a calculated smear campaign intended to discredit Mr. Ighodalo. The statement, signed by TAMO spokesperson Erhabor Emokpae, emphasized that Mr. Ighodalo has an unblemished record of public service. It further clarified that Alaghodaro, a private-sector-driven initiative chaired by Mr. Ighodalo, is committed to driving economic growth and investment in Edo State.

TAMO underscored Mr. Ighodalo’s integrity, noting that he has personally funded his expenses throughout his 16 years of public service, including his tenure as Chairman of Alaghodaro. The allegations of vehicle theft were described as baseless and absurd, with no evidence to substantiate them.

Banwo & Ighodalo has reiterated its commitment to pursuing all legal remedies should the defamatory statements not be retracted. The firm condemned the misuse of misinformation for political gain, warning that such actions undermine public trust and damage democratic institutions.

“We call on all parties to adhere to the principles of truth, integrity, and decency in public discourse,” the firm stated.

Should Tenebe fail to meet the ultimatum, the case is expected to proceed to court, with further developments anticipated in the coming days.

 

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