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Afreximbank Partners SON on Standardisation

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Afreximbank

By Modupe Gbadeyanka

A partnership has been entered into between the Standards Organisation of Nigeria (SON) and the Africa Export Import Bank (Afreximbank).

The collaboration is aimed to promote standardisation and conformity assessment initiatives in Nigeria and West Africa.

Both parties agreed to work together at an explorative meeting held during a visit of the President and Chairman Afreximbank, Dr Okey Oramah, to the Director General of SON, Mr Osita Aboloma, in Lagos.

Welcoming the Afreximbank team including the Regional Coordinator, Mr Abdul Kone, the SON boss said he was keen to learn more about Afreximbank, including the bank’s project for the establishment of an internationally accredited Inspection and Testing Centre in Nigeria.

The relevance of standards and conformity assessment in facilitating trade was extensively discussed to emphasize the importance of the proposed centre to be established in Nigeria by Afreximbank.

The Afreximbank President enumerated the objectives of the bank as including to address the trade finance challenges experienced by African countries; to promote and finance intra and extra-African trade as well as trade between Africa and the rest of the world.

According to Dr Oramah, the Afreximbank was set up in 1993 by African Governments, African private and institutional investors; non-African financial institutions as well as private investors for the purpose of financing, promoting and expanding intra-African and extra-African trade.

He expressed the bank’s interest in working with the Standards Organisation of Nigeria to enhance the Nigerian Quality infrastructure program for the benefit of the Nation’s economy and its people, the West African region as well as the African Continent at large.

Responding, Mr Aboloma assured the Afreximbank team of his organization’s preparedness to support any initiative aimed at accelerating the achievement of the SON mandate as provided in its enabling act No. 14 of 2015.

The SON DG disclosed his organization’s ambition to attain international accreditation for 35 laboratories already being equipped in Lagos while working to expand the scope of its already accredited food technology laboratories in biological and chemical testing.

He assured the Afreximbank team of SON’s resolve to support the objectives of the bank in the overall interest of the accelerated development of the Nigerian economy and the welfare of its citizens.

Mr Aboloma then extended an invitation to the Afreximbank team to take a facility tour of the on-going SON Laboratories Complex project at the Ogba Industrial Scheme in Lagos.

The SON management team at the meeting comprised of Dr Justin Nickaf (Director, Planning Research and Statistics), Mrs Oluremi Ayeni, (Director, Management Systems Certification) and Mrs Chinyere Egwuonwu (Acting Director, Standards Development).

Others were Mrs Mojisola Kehinde, (Deputy Director/Head, Laboratory Services), Mr Bola Fashina (Head Public Relations/Special Assistant to the DG)  and Mr Richard Arinze, Special Assistant to the DG/Head, Protocols.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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UK Strengthens Ties With Kano, Jigawa on Sustainable Development

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UK Kano Jigawa

By Adedapo Adesanya

The United Kingdom has reaffirmed its development partnership with Kano and Jigawa States, as part of its long-term commitment to development and reform in northern Nigeria.

The Head of Development Cooperation at the British High Commission Abuja, Ms Cynthia Rowe, recently completed high-level engagements with governors of both states as well as senior government officials and civil society leaders.

The discussions underscored the UK’s modern approach to development as a genuine partnership with Nigeria, which prioritises state-led ownership and sustainable development that delivers lasting impact through strengthening systems and partnerships grounded in investment, trade, climate financing, technical expertise and joint accountability.

According to a statement, the Foreign Commonwealth and Development Office, via the British High Commission, said Nigeria remains one of the UK’s most significant development partners, adding that the engagements underlined the strength and ambition of the bilateral relationship reaffirmed during the recent UK-Nigeria State Visit.

In Kano, Ms Rowe met with Deputy Governor Alhaji Murtala Sule Garo and senior officials, including the newly confirmed Head of Civil Service and Secretary to the State Government. The visit recognised Kano’s progress on climate finance, health system reform and private sector investment supported through UK technical assistance.

In Jigawa, she met with Governor Umar Namadi and heads of key ministries, departments and agencies. The meeting celebrated more than 25 years of UK-Jigawa partnership, one of the most longstanding bilateral development relationships at the subnational level in Nigeria. Discussions covered the state’s continued progress on health systems reform, agriculture, and governance and the path forward under UK technical assistance.

Since 2022, PLANE has supported Kano, Kaduna and Jigawa to strengthen state-led education delivery systems, working through Ministries of Education, SUBEB and key agencies. Its RANA+ foundational learning packages have reached 1.4 million pupils across the three states, alongside wider system strengthening.

Speaking on this, Ms Rowe said, “For more than 25 years, we have worked side by side with state governments, including Jigawa and Kano states, their communities, and civil society to build stronger health systems, improve learning outcomes for millions of children, support farmers to grow their businesses, and help states attract the investment they need to thrive.

These visits have reinforced our confidence in what this partnership can achieve. We are working together to deliver lasting change, and deepening a relationship built on genuine mutual respect and shared ambition for Nigeria’s growth and development.”

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CBN Partners NiMet to Integrate Climate Data Into Economic Planning

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CBN Ways and Means

By Adedapo Adesanya

The Nigerian Meteorological Agency (NiMet) has signed a Memorandum of Understanding (MoU) with the Central Bank of Nigeria (CBN) on data sharing to enhance economic productivity.

This was done at a meeting at CBN Head Office in Abuja, where the weather body led by its Director General, Mr Charles Anosike, on Wednesday, highlighted the importance of integrating weather and climate data into economic research, especially in sectors such as agriculture, energy, and transportation.

He noted that extreme weather events can reduce agricultural productivity and threaten food security.

He added that the collaboration aligns with the Renewed Hope Agenda of President Bola Tinubu, which prioritises food security through major agricultural investment, including the cultivation of 10 million hectares of land and the distribution of mechanised equipment.

Mr Anosike cited a 2026 World Bank report that showed that extreme weather driven by climate change is significantly affecting global food security, with more than 87 million people facing hunger in East and Southern Africa and 52 million in West and Central Africa.

He also referenced the latest Berkeley Earth Report, which projects that 2026 is likely to be the fourth warmest year on record, a trend that continues to shape agricultural and energy market projections.

In his remarks, Mr Muhammad Sani Abdullahi, Deputy Governor, Economic Policy Directorate of the CBN, said the signing of the MoU marked an important step in strengthening the partnership between two key national institutions whose mandates intersect in data, research, and policy support.

He emphasised that, in an increasingly complex and dynamic economic environment, timely and reliable data remain essential for effective policy decisions.

According to him, the Economic Policy Directorate relies heavily on timely and credible statistical information from NiMet, saying that such data are critical for inflation monitoring, agricultural sector assessment, and broader economic policy advisory functions.

He described the initiative as both timely and important, adding that strong institutional partnerships are essential for strengthening evidence-based policymaking and improving the robustness of national data systems.

At the close of the event, Mr Anosike and Mr Sani Abdullahi signed the MoU on behalf of their respective institutions.

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POS Operators Barred Within 200 Metres of Police Stations

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IGP Tunji Disu

By Adedapo Adesanya

The Inspector-General of Police (IGP), Mr Tunji Disu, has ordered an immediate nationwide ban prohibiting Point-of-Sale (POS) operators from running their businesses within a 200-metre radius of any police station, divisional headquarters, or police formation across Nigeria.

This directive, released via an internal police wireless message, addresses critical systemic challenges regarding extortion and corrupt financial practices within law enforcement facilities.

The order is to be strictly enforced nationwide, with senior officers overseeing various formations to be held accountable for any breach of the directive.

The Nigeria Police Force stated that the measure is intended to strengthen transparency, accountability, and public confidence in the policing system.

The decision comes after an alarming proliferation of POS businesses near police facilities, with investigations and public complaints revealing that some operators were actively complicit in facilitating extortion, bribery, and illegal cash transfers forced upon civilians or suspects during police encounters.

Under the directive, Assistant Inspectors-General of Police (AIGs), State Commissioners of Police (CPs), and heads of formations will be held vicariously liable for any breach within their jurisdictions.

The IGP’s order states: “Any officer or POS merchant found flouting the 200-metre operational boundary or colluding in illicit transactions will face immediate disciplinary and criminal actions under extant laws.

“If you are a POS agent or looking into regulatory compliance for financial services in Nigeria, let me know. I can provide details on current Central Bank of Nigeria (CBN) radius registration guidelines or share methods to report officer misconduct directly to the Force Headquarters.”

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