General
Buhari Seeks World Bank, AfDB Support for Africa’s Climate Initiative
By Adedapo Adesanya
President Muhammadu Buhari has urged multilateral agencies including the World Bank, African Development Bank (AfDB) and other partners to support the One Planet Summit initiative and activate the $19 billion pledge.
He said the pledge, meant for the activities of the Pan African Great Green Wall Agency (PAGGW), would be utilized for land restoration, tree planting, development of climate resilience infrastructure and investments in small and medium-sized farms.
The Nigerian president made the charge at a side event he convened at the ongoing UN Conference Of Parties, COP15 in Abidjan, Cote d’Ivoire.
According to a statement from a presidential aide, Mr Garba Shehu, the meeting was President Buhari’s first assignment at the PAGGW Conference of Heads of State and Government following his election in December last year.
The meeting, which involved the 11 Sahel African states, discussed ways and means of accessing and utilizing $19 billion pledged by donors for the activities of the Pan African Great Green Wall Agency (PAGGW).
He also underscored the importance of recharging Lake Chad, now down to 10 per cent of its water volume.
In his capacity as the head of the Conference of Heads of State and Governments of the member states of the PAGGW, Mr Buhari said: ”The inter-basin transfer of water from Central Africa to Lake Chad should be taken seriously.”
He asked the secretariat of the agency, funders and the soon-to-be appointed consultant to carry out the measure as a way of restoring the socio-economy of the more than 30 million people of the Lake Chad basin area.
“As it is at the moment, the drying up of Lake Chad has destroyed fish farming, animal husbandry and crop agriculture, leading to social and economic dislocation with serious consequences for peace in the basin area.
”This has led to migration to Europe by many, creating problems for you over there. These should engage your attention as a committee,” he said.
At the select meeting, which included International/Development Partners, Mr Buhari said the $19 billion would also support smallholder farmers, and create an institutional framework to enhance security, stability and governance, and capacity building.
“All of you may wish to know that, in December 2021, I was elected to lead and drive the Agenda of the PAGGW bloc for the next two years.
“This bloc, which includes Nigeria, Senegal, Niger, Sudan, Mauritania, Ethiopia, Mali, Eritrea, Djibouti, Burkina Faso and Chad, is facing dire and present danger due to the devastating effect of desertification and drought which is impacting negatively on the security of our communities and the livelihood of our people.
”There is, therefore, an urgent need to confront these challenges associated with desert encroachment and drought,” he said.
The president requested more support for The One Planet Summit initiative, and the political will to actualize the mandate.
He said: “It is on this note that on behalf of member States, I welcome The One Planet Summit Initiative that pledges $19 Billion to support the activities of the PAGGW which necessitated this very important engagement with you this morning.
“The purpose of this meeting, therefore, is to draw your attention to this pledge and to inform you formally, that member states want to trigger the process for accessing the funding by utilizing the GGW Accelerator window mainly to address the following:
”Land restoration and tree planting, Investment in small and medium-sized farms/support to smallholder farmers, developing climate resilience infrastructure, an institutional framework to enhance security, stability and governance, and capacity building.
“I, therefore, call on you, especially the World Bank, African Development Bank and the One Planet Summit Initiative to support this drive,” he said.
The president also called on the multilateral institutions to set up a task team to work with PAGGW.
“I will further request the partners, particularly the United Nations Conference to Combat Desertification (UNCCD) and One Planet Summit to advise on a suitable Financial Consultant for the PAGGW that can coordinate the process under the auspices of the UNCCD and PAGGW in a transparent manner.
“It is my hope that the parties to this meeting will give us maximum cooperation in this regard and make good their pledge to support Africa’s drive to address these climate challenges.
“Finally, I will also direct Nigeria’s Minister of Environment to convene a meeting of Council of Ministers of member states to brief them on the outcome of this brief meeting,” he said.
General
Terra Industries Unveils Defence Drones, Robots to Support Nigerian Military
By Adedapo Adesanya
Nigeria-backed startup Terra Industries has launched drones and mine-clearing robots for the country’s military use to fight Islamic militants and reduce reliance on imported defence equipment.
The startup on Monday unveiled interceptor drones, mine-clearing unmanned vehicles and battlefield intelligence software that officials said could help troops confronting insurgents who have increasingly used roadside bombs and drones in recent attacks.
The launch shows a growing effort by Nigeria to reduce dependence on imported military hardware and build domestic defence manufacturing capacity, after years of buying aircraft, armoured vehicles and surveillance systems from countries including China, Turkey, Pakistan and the United States.
However, procurement delays, maintenance bottlenecks and rising foreign exchange costs have strengthened the case for local production, with Terra Industries among the first of such beneficiaries.
Terra Industries had previously focused on civilian drones and security technology before expanding into defence systems. In February, it signed a pact with Defence Industries Corporation of Nigeria (DICON) as part of efforts to boost the country’s defence industrial capacity and advance indigenous high-technology development.
“We are unveiling new defence systems such as our interceptor UAVs, our minesweepers, ground vehicles that can detect IEDs on the ground, and our battlefield intelligence software,” according to Mr Nathan Nwachukwu, the chief executive officer of the firm.
The need for security has risen in recent years, as groups such as Islamic State and al-Qaeda are gaining ground in Africa, converging along a swathe of territory that stretches from Mali to Nigeria, which is also battling with Boko Haram and other cells which remain active despite repeated military offensives.
Militants have stepped up attacks against army positions using improvised explosive devices (IEDs) and drones, forcing armies to invest in counter-drone systems, electronic warfare and autonomous ground equipment.
Major General Babatunde Alaya, head of the state-owned DICON, said collaboration with Terra Industries was necessary, given troop casualties caused by hidden explosives and roadside bombs.
DICON has long been central to Nigeria’s ambition to produce more of its own defence equipment, but progress has historically been slow. Partnerships with private firms are increasingly seen as a faster route to innovation and scale.
Terra Industries, which is valued at $100 million, has also announced plans to expand beyond Nigeria, including a manufacturing facility in Ghana, signalling ambitions to serve a wider African market and position itself in the region’s growing security technology industry.
General
Tinubu Tasks Ambassadors to Attract Foreign Investment
By Adedapo Adesanya
President Bola Tinubu has charged Nigeria’s newly appointed ambassadors and high commissioners to help pursue foreign investments from their designated countries, charging them to strengthen strategic partnerships and reposition the country’s global image in line with evolving diplomatic realities.
This is contained in a statement by Mr Yomi Odunuga, Special Adviser on Media and Publicity to the Secretary to the Government of the Federation (SGF), Mr George Akume.
According to Mr Odunuga, the President, represented by the SGF, gave the charge at the opening of an induction course for the envoys in Abuja.
The President said that the appointments of the envoys reflected the administration’s confidence in their capacity to advance Nigeria’s interests on the international stage.
He noted that the global system was undergoing rapid transformation driven by shifting geopolitical dynamics, economic uncertainties, technological disruptions, climate challenges and emerging security threats.
He added that the developments had made the role of diplomats more critical than ever.
”The international system is evolving rapidly. We must be prepared to meet these challenges by focusing on how best to protect and promote Nigeria’s national interest,” he said.
President Tinubu urged the envoys to adopt a modern, results-oriented approach to diplomacy by combining traditional methods with digital engagement, public diplomacy and strategic communication.
He underscored the importance of telling Nigeria’s story in a compelling and credible manner while projecting the achievements of his administration, also calling on them to be proactive and innovative in fostering partnerships, promoting trade and attracting foreign direct investment and technology to Nigeria.
According to him, safeguarding the welfare of Nigerians in the diaspora must remain a top priority.
He also announced a reordering of Nigeria’s foreign policy framework, known as the 4D Doctrine.
He said that the doctrine, originally anchored on Democracy, Development, Demography and Diaspora, had now been rearranged to Demography, Development, Diaspora and Democracy.
According to him, the adjustment places Nigerians at the centre of foreign policy and is aimed at ensuring that international engagements deliver tangible benefits to citizens.
The president further stressed the need for professionalism, integrity and patriotism in the conduct of diplomatic duties, reminding the envoys that they serve not only as government representatives, but also as custodians of the country’s image abroad.
He also emphasised accountability, urging missions to be result-driven, prudent in resource management and guided by clear, measurable goals that would contribute to economic growth and national development.
He encouraged the participants to fully engage in the induction programme, noting that it was designed to equip them with the knowledge and skills required for effective diplomatic service in a rapidly changing world.
He commended the National Assembly for the swift confirmation of the nominees and urged the envoys to justify the confidence reposed in them.” You have a special responsibility in helping to reposition Nigeria in global affairs. The world is watching,” he said.
General
Aisha Achimugu Denies $13m Discovery Claim, Calls Report Misleading
By Adedapo Adesanya
Lagos-based socialite and chief executive of Oceangate Engineering Oil & Gas Ltd, Ms Aisha Achimugu, has denied reports that $13 million was discovered in her residence, describing the claim as inaccurate and misleading.
Ms Achimugu denied the claims during an appearance on Channels Television’s Politics Today late on Monday, where she addressed allegations surrounding a raid on her home by the Economic and Financial Crimes Commission (EFCC).
Addressing the widely circulated claim, Ms Achimugu insisted that no such sum was recovered from her residence.
“Let me also correct an impression that 13 million dollars was not found in my house when my house was raided. And let me also correct that what is published on the website of EFCC is a certain state. I want to believe that it is not Lagos state because the state was not clear.
“So, it’s what is out there. So I won’t also entertain that it’s a Lagos state because that hasn’t been thrown at me. My house was raided, yes, but only $50,000 and 13 million naira belonging to my mom were found in my house and then again, my personal belongings. I don’t know where Nigerians got the impression that I had 13 million dollars in my house. I’m not a bank, so I won’t keep 13 million dollars in my house,” she stated.
She, however, declined to comment extensively on the matter, citing ongoing legal proceedings, but explained that the foreign currency in her possession was kept for practical reasons, noting that her children study abroad.
“It is important to have some foreign currency available for emergencies,” she said.
Speaking on the source of her wealth, Ms Achimugu maintained that her financial success is rooted in legitimate business ventures.
She disclosed that her company participated in oil block bidding rounds between 2022 and 2024 and emerged successful through what she described as a transparent process. Achimugu also dismissed suggestions that her success is tied to political connections.
Recall that Justice Emeka Nwite of the Federal High Court in Abuja affirmed the final forfeiture of $13 million linked to the Lagos socialite in March.
Justice Nwite had, on August 22, 2025, granted the anti-graft agency’s motion ex parte for an interim order forfeiting the sum of $13 million linked to Oceangate Ltd to the Federal Government over allegations that the fund was proceeds of unlawful activity.
The judge had then directed the commission to publish the order in a national daily for interested people to show cause within 14 days why the fund should not be permanently forfeited to the federal government.
In 2024, the businesswoman gained significant media attention for a seven-day birthday celebration in Grenada, which was attended by high-profile guests, reportedly including Lagos State Governor Babajide Sanwo-Olu.
The socialite also defended her widely publicised birthday celebration, noting that it had been “planned for 10 years” and was not funded with any money under investigation.
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