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Atiku Suggests Obasanjo’s Image on New Naira Notes

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Olusegun Obasanjo Africa

By Aduragbemi Omiyale

Presidential candidate of the Peoples Democratic Party (PDP) in the 2023 general elections, Mr Atiku Abubakar, has praised his former boss, Mr Olusegun Obasanjo, for his role in the peace deal signed between the warring Ethiopia and Tigray this week in South Africa.

Mr Obasanjo was elected President of Nigeria in 1999 and ended his two terms of eight years in 2007. Mr Atiku was his vice in the period.

The former Nigerian leader was in South Africa as a delegate of the African Union to broker peace between the two parties in Pretoria, and Mr Atiku heaped praises on the Ota-farmer.

In a series of tweets on Saturday, the former Vice President said the former military Head of State deserves to be on one of the redesigned Naira notes to inspire future generations.

“Africa is blessed to have a statesman of such impeccable democratic credentials as Chief Obasanjo. A man whose image ought to be in the redesigned Naira note to inspire future generations of Nigerians to sacrifice for their nation and continent,” Mr Atiku said in one of the tweets posted via his verified Twitter handle.

Last Wednesday, the Central Bank of Nigeria (CBN) announced its intention to introduce new N200, N500, and N1,000 banknotes into circulation to curb inflation and counterfeiting.

The Governor of the CBN, Mr Godwin Emefiele, said this was necessary because 80 per cent of the printed notes were not in the vaults of commercial banks, a development he said was not good for the economy.

It meant that most of the Naira notes were with corrupt persons and criminals, including kidnappers, who stashed money outside the banking system.

Since the announcement of the new design of the Naira denominations, there have been speculations that President Muhammadu Buhari’s image may be included in one. But Mr Atiku wants Mr Obasanjo to among Nigerians to be on the notes.

Currently, the image of the late Sir Ahmadu Bello is on the N200 note, the late Nnamdi Azikwe is on the N500 note, while the late Aliyu Mai-Bornu and Clement Isong are on the N1,000 note.

In his tweets today, Mr Atiku also promised to nominate Mr Obasanjo for a Nobel Peace Prize “when entries are open for nominations.”

He said he was not surprised by the action of the Nigerian leader, saying, “he did the same thing in Liberia and São Tomé and Príncipe during our time in office.”

“On behalf of my family, I congratulate you, President Olusegun Obasanjo, GCFR, for successfully ending the Ethiopia-Tigray conflict. And I thank God for the gift of wisdom and foresight He gave you, which you have used creditably to steer Nigeria and Africa on the right path,” he said.

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World Youth Day 2025: NBC Spotlights Young Changemakers Driving Nigeria’s Future

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NBC World Youth Day 2025

Nigerian Bottling Company (NBC), the official bottling partner of The Coca-Cola Company in Nigeria, is marking World Youth Day 2025 by celebrating the resilience, innovation, and impact of young Nigerians who are transforming their communities and driving inclusive growth.

At the core of this celebration is NBC’s flagship #YouthEmpowered initiative—designed to equip young people with essential life and business skills for the future of work. Since its launch in Nigeria in 2017, the program has empowered over 60,000 youth through hands-on training, digital upskilling, mentorship, and entrepreneurial coaching.

As part of this year’s activities, NBC will premiere a documentary that spotlights inspiring YouthEmpowered alumni who are building businesses, leading change, and shaping brighter futures for themselves and their communities. The documentary will be available to the public on NBC’s official website, YouTube channel, and social media platforms.

Featured in the film is Esohe Ekunwe, who now leads Alpha Connect, a community initiative focused on financial literacy, wellness, and civic engagement. She credits the YouthEmpowered program with not only influencing her business journey but also transforming her mindset.

The documentary also highlights other changemakers such as Doyin Ogunye, founder of Women and Youth Empowerment, whose environmental work in Lagos is tackling waste and creating jobs; and Kingsley Oguchechukwu, founder of Kingsman Luxury in Enugu, who turned a major business setback into a thriving fashion brand.

By shining a light on these stories, NBC reaffirms its commitment to empowering young Nigerians and supporting their vital role in national development.

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Two Nigerian Innovators Shine at 2025 Anzisha Prize Awards Gala

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2025 Anzisha Prize Awards Gala

By Aduragbemi Omiyale

It was a glorious moment for Ms Bunmi Esther Olalude and Ms Christianah Madu, the two Nigerian innovators honoured at the prestigious Anzisha Prize Awards Gala held on August 6, 2025.

They were among the four prize winners who received a $10,000 prize each to further the impactful work they are already delivering in their communities.

Ms Olalude was honoured with the Job Creation Award for creating the most jobs, particularly for women and youth, and she informed the audience, “If I keep on doing what I am doing, I know I can go anywhere and reach my biggest dreams.”

On her part, Ms Madu was awarded the Storytelling Award for her powerful communication and ability to increase visibility for her venture.

Another winner was Ms Cebolenkosi Gcabashe from South Africa, who earned the Revenue Growth Award for his business which showed the greatest increase in profitability.

“As a person from a rural area, this award means the world to me and the community I come from,” he said, urging young business leaders to “start where you are with what you have and the rest will come along with your journey.”

The fourth winner, Mr Tafadzwa Manyanye, received the Systems of Delivery Award for building strong operational systems to scale efficiently, and he advised other aspiring entrepreneurs to “just start,” noting, “whatever you are doing, starting today means you are gearing up for a successful tomorrow.”

The ceremony was part of the Anzisha Entrepreneurship Education in Africa (EEA) Summit, held at the African Leadership Academy campus.

The event concluded with a powerful call to action for business and community leaders to support the continent’s very young entrepreneurs.

The summit brought together policy architects, educators, investors, and business leaders to explore best practices in entrepreneurship education and celebrate the innovative strategies driving youth-led growth.

“Youth entrepreneurship isn’t the backup plan, it’s the blueprint. For too long we have treated entrepreneurship as plan B, the path we take when the real systems fail you. But today has reminded us that youth-led enterprise isn’t what happens when things go wrong, it’s what happens when young people take control of their futures,” Anzisha Prize Managing Editor, Didi Onwu, said.

“We’ve heard from our entrepreneurs who are running digital schools, inventing organic farming alternatives, designing global fashion brands, solving health challenges and more – all before the age of 25. They’re not asking if they’re too young. They’re building anyway,” Onwu added.

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Nigeria Racing to Meet EU’s Cocoa Sustainability Deadline

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Cocoa Processing Plant

By Adedapo Adesanya

The Minister of Industry, Trade and Investment, Mrs Jumoke Oduwole, has described the regulation of the European Union (EU) on cocoa sustainability, which could impact Nigeria’s export, as both a “formidable challenge and a transformative opportunity” for the country.

On Monday, the federal government and stakeholders in the cocoa value chain met to assess the progress so far made towards complying with the EU Deforestation Regulation (EUDR) on sustainability.

She said the regulation was a call to action as it remained a “pivotal moment for Nigeria’s cocoa industry.”

The EU, which accounts for over 60 per cent of Nigerian cocoa exports, had set the December 31, 2020, deadline (later extended to December 2025) for Nigerian cocoa farmers to comply with the regulation which bordered on sustainable cocoa trade under the EUDR Compliance framework.

The deadline applies to the broader EUDR, which includes cocoa and other commodities, and was extended from an earlier date to allow for more preparation time.

Failure to comply could lead to rejection of Nigeria cocoa exports to Europe, among other punitive measures.

Mrs Oduwole said the roundtable was more than a high-level dialogue but a “platform to align national ambition with global standards, as well as a crucial step in ensuring the resilience, sustainability, and competitiveness of our cocoa value chain.”

The Minister pointed out that the the EU deforestation regulation was reshaping the way agricultural commodities are traded globally.

“But beyond that, Nigeria and this administration is at the forefront of climate change and climate justice, and what is important to is the use of our land for sustainability.

“So, without even an external project, this is something that is Nigeria first. As Mr President has put it, always Nigeria first in this issue. We’re thinking first and then joining the rest of the world to see how we’re using our resources for the betterment of everybody.

“So, for Nigeria, Africa’s fourth largest cocoa exporter, it’s both a formidable challenge and a transformative opportunity.

“With the EU accounting for over 60 per cent of our cocoa exports, compliance is not optional. It is an economic, environmental, and developmental imperative. And importantly, we have to support our domestic farmers and investors who are in this space,” she said.

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