General
Ignore Wike at Your Peril—SERG Tells Atiku
By Modupe Gbadeyanka
The presidential candidate of the Peoples Democratic Party (PDP), Mr Atiku Abubakar, has been told to do everything possible within his power to mend fences with the Governor of Rivers State, Mr Nyesom Wike.
The Governor contested the party’s ticket a few months ago but lost out after his counterpart from Sokoto State, Mr Aminu Tambuwal, urged delegates at the primary to support the former Vice President of Nigeria.
Mr Wike had believed that the ticket would be his until the last-minute uppercut by Mr Tambuwal, who the Rivers Governor supported for the 2019 presidential primary.
After he lost his ambition to become the next President of Nigeria, Mr Wike had thought that he would be considered for the VP slot, but Mr Atiku opted for the Governor of Delta State, Mr Ifeanyi Okowa. Since then, Mr Wike has threatened fire, asking the chairman of the party, Mr Iyorchia Ayu, to resign.
This week, those in the camp of the Rivers Governor pulled out of the campaign team of the party’s presidential candidate, an action some observers have said could backfire.
But a frontline pan-Igbo socio-political pressure organisation, the South East Revival Group (SERG), wants Mr Atiku to handle the situation with care, warning of “impending political calamity, not just for him as a contestant, but also for the PDP as a political party” if Governor Wike and his protesting camp are ignored.
In a statement signed by its National Coordinator, Mr Willy Ezugwu, the group said Mr Ayu must step down, maintaining that “it was suicidal politically for Alhaji Atiku Abubakar to play the my-hands-are-tied card.”
“As the leader of the PDP in prosecuting his 2023 presidential campaign, having emerged as the party’s candidate, the mistake of hiding under the rule of law to sustain injustice and promote lack of honour by party members will be detrimental to the success of the PDP and her presidential candidate in February 2023.
“Atiku must not forget that the entire South, especially the South East, has options after Igbos were denied the presidential ticket by the PDP when it jettisoned the zoning formula as entrenched in the party’s constitution but will now turn around to insist on a lopsided leadership of the party under the guise of the party constitution even when Ayu became the National Chairman of the party based on an agreement that he will resign if a presidential candidate emerges from the north.
“Such other political options will be gladly explored by the South East of Nigeria and other southern political blocs when it becomes expedient.
“It must be noted that with the Peter Obi movement’s increasing acceptance through the current move by young Nigerian people to produce a President of their choice, and the decision of the ruling All Progressives Congress (APC) to produce a northern Muslim vice-presidential candidate from Atiku’s North East constituency, should be ringing the loud political bell in the PDP that ignoring the demands of the Wike camp will be an irredeemable mistake.
“While it is true that the PDP gave Iyorchia Ayu a resounding vote of confidence, the question is, how will such vote of confidence convince traditional PDP zones like the South East and South-South to vote for Atiku?
“Already, the denial of the South East of its well-deserved presidential slot, contrary to PDP’s zoning arrangements, was a way of saying to the region that your loyalty to the party over the years does not matter.
“However, to throw away the aggrieved Wike camp, which cuts across the six geopolitical zones of the country, will be a regrettable decision for Atiku and the PDP,” SERG warned.
General
NCS, PEBEC Unveil Framework to Strengthen Trade Competitiveness
By Adedapo Adesanya
The Nigeria Customs Service (NCS), in partnership with the Presidential Enabling Business Environment Council (PEBEC), has launched a strategic reform agenda aimed at enhancing port efficiency and strengthening Nigeria’s trade competitiveness.
The initiative was unveiled on Tuesday, April 7, 2026, at the opening of a three-day operational workshop in Apapa, Lagos, themed Customs Leadership in Port Efficiency, Inspection Reform and Clearance Timeline.
Speaking at the event, the Comptroller-General of Customs, Mr Adewale Adeniyi, outlined a five-pillar strategy designed to transform port operations. The framework focuses on joint inspections, risk-based cargo clearance, optimisation of scanning infrastructure, enforcement of service timelines, and improved inter-agency collaboration.
Mr Adeniyi emphasised that the Service is shifting from policy formulation to effective implementation, stressing the need for consistent execution of established best practices.
He noted that the “workshop was aimed at bridging the gap between knowledge and action within the system.”
He further highlighted the transition to intelligence-led cargo processing, stating that ongoing investments in digital platforms and scanning systems must result in faster, more transparent clearance procedures for traders.
To ensure accountability, the Customs boss disclosed that the workshop would produce a reform execution matrix subject to close monitoring, adding that he would personally track progress reports.
He also urged officers to uphold professionalism, integrity, and commitment in the discharge of their duties.
In her remarks, the Director-General of PEBEC, Mrs Zahrah Mustapha-Audu, underscored the importance of adopting risk-based, data-driven inspection systems.
According to her, efficient and transparent border processes are essential to reducing the cost of doing business and improving Nigeria’s global trade standing.
Also speaking, the Deputy Comptroller-General in charge of Tariff and Trade, Mrs Caroline Niagwan, said the evolving mandate of the Service places it at the heart of trade facilitation and economic growth, adding that efficiency must be reflected across all commands.
As part of the engagement, the Customs and PEBEC delegation visited the National Single Window facility, where they held discussions with the Chairman of the Nigeria Revenue Service, Mr Zacch Adedeji, and other stakeholders to review progress and address operational challenges.
General
Madica Invests $600k in Nigerian Data Startup Biovana, Two Others
By Adedapo Adesanya
Madica, a structured investment programme for pre-seed African startups, has announced new investments totalling $600,000 in three tech-enabled startups, including Nigerian data startup, Biovana.
According to the initiative, these investments further reinforce Madica’s commitment to supporting founders and startups often excluded from traditional venture funding. The other startups include Tanzania’s Kilimo Fresh and Kenya’s Hakimu.
Each company has secured up to $200,000 in funding and will take part in Madica’s 18-month programme. This includes a tailored curriculum, hands-on mentorship, executive coaching, and two fully funded immersion trips to key technology ecosystems, both locally and internationally. The startups will also gain access to Madica’s global investor network, helping position them for growth and long-term success.
Madica’s programme seeks to counter the concentration of Africa’s tech funding in a few markets, verticals, and well-networked entrepreneurs and instead drive more equitable growth across the continent. This is done by backing a mix of underrepresented founders, startups from underserved regions, and innovators in overlooked sectors.
Launched in 2022, Madica is a sector-agnostic investment program designed to address structural gaps in Africa’s startup ecosystem. The program tackles key challenges startups face, such as limited access to capital, a scarcity of investors, and insufficient mentorship. It also provides the structured support necessary for startups to resolve critical issues and foster innovation, entrepreneurship, and wealth creation across the continent.
Kilimo Fresh (Tanzania), co-founded by Ms Baraka Chijenga and Mr Justice Mangu, connects smallholder farmers in Tanzania to reliable urban markets by aggregating, processing, and distributing fresh produce through a technology-enabled supply chain, aiming to reduce food waste.
Hakimu (Kenya), Hakimu, co-founded by Ms Rawan Dareer, Mr Ahmed Ahmed and Mr Ahmed Elbashir, is building a pan-African legal infrastructure leveraging the power of AI.
Biovana (Nigeria), co-founded by two female founders, Ms Estelle Dogbo and Dr Jumi Popoola, is a data harmonisation and certification platform focused on unlocking African health datasets for global pharmaceutical, AI, and clinical research applications.
Commenting on the new portfolio companies, Mr Emmanuel Adegboye, Head of Madica, said, “Each new investment brings us closer to the portfolio we set out to build, one that reflects the full breadth and diversity of African entrepreneurship. These three startups join a growing community of founders we’re backing with the resources, relationships, and runway they need to succeed at this early stage. The opportunity across the continent is enormous, and we’re committed to being a crucial and consistent partner in realising it.”
“Joining the Madica portfolio is a significant moment for Hakimu. We’re revolutionising access to justice across Africa, and having a partner that understands the specific challenges and opportunities of scaling in Africa makes a real difference,” said Ms Dareer, co-founder and CEO of Hakimu. “We’re grateful for the trust, looking forward to the hands-on support, and clear-eyed about the work ahead.”
General
Tinubu, Dangote, Others for Africa CEO Forum 2026 in Kigali
By Adedapo Adesanya
President Bola Tinubu is expected to be among the leading public figures attending the next edition of the Africa CEO Forum, which will take place on May 14-15, 2026, in Kigali, Rwanda
A strong Nigerian private-sector delegation will also take part, including Mr Aliko Dangote, Mr Wale Tinubu, Mr Ofovwe Aig-Imoukhuede, Mrs Adesuwa Ladoja, Mrs Rachel More-Oshodi, Mrs Zouera Youssoufou, Mr Karim Noujaim, Mr Dany Abboud, Mr Ayo Otuyalo and Mr Chukwuerika Achum. Nigeria’s Coordinating Minister of Health and Social Welfare, Professor Muhammad Ali Pate, will also be present.
According to a statement on Tuesday, the 2026 edition will convene in Kigali to address a defining question for Africa’s future: how to achieve the scale necessary to compete, integrate and thrive in a fragmenting world.
It comes as global power dynamics continue to evolve, while the ability of Africa to rely on competitive, agile and internationally integrated corporate champions has become a defining corporate imperative. In this shifting global landscape, one lesson is clear: scale is no longer optional. It is the first line of defence.
Organised by Jeune Afrique Media Group and co-hosted by the International Finance Corporation (IFC), the Africa CEO Forum 2026 will convene Africa’s leading public and private decision-makers around a clear conviction: scale can only be achieved through shared African ownership.
The Forum will explore three strategic levers to build continental scale. First is shared equity, which will look to unlock cross-border equity investment to create multinational African champions. Mobilise African institutional capital across markets to strengthen resilience and enhance long-term returns.
Also, is shared infrastructure, which will take on designing complementary infrastructure to integrate African value chains. Champion transformative projects that serve regional, not merely national, needs and create truly connected markets.
Thirdly is shared frameworks, which is set to harmonise standards, rules and regulations to boost investor confidence and enable the free flow of capital, goods and services. Build future-proof digital rails for health, education, agriculture and cross-border payments.
Speaking on this, Mr Amir Ben Yahmed, President of the Africa CEO Forum, stated: “If Africa wants to compete in a world defined by scale, it must move beyond economic patriotism and embrace a new model: African capital investing together. Shared ownership, cross-border partnerships and continental ambition will define the economic future of Africa and the next generation of African champions.”
On his part, Mr Makhtar Diop, Managing Director at IFC, stated: “Africa has the capital and the opportunity to grow and create quality jobs. What matters now is putting that capital to work at scale. That means building trust, sharing risk, and investing across borders. The Africa CEO Forum brings leaders together to connect policy and private investment, and to help shape Africa’s next phase of growth.”
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