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Malnutrition: Implementation of SDGs in Nigeria Worries Stakeholders

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By Dipo Olowookere

The implementation of the Sustainable Development Goals (SDGs) in terms of alleviating malnutrition in Nigeria has been questioned by stakeholders in the nation’s nutrition and development space.

Experts in the field said they are not impressed with the localisation of the SDGs and have, therefore, called for an urgent review of the implementation.

According to a social development expert with over 25 years of experience, Ms Foyinsola Oyebola, the review is necessary if Nigeria is to achieve any of the SDGs, specifically SDG 2, which is “to eradicate hunger and prevent all forms of malnutrition,” stressing that SDG 2 is critical to achieving all the SDGs.

Speaking at a recent Protein Challenge webinar titled The UN Decade of Action on Nutrition: Connecting the Dots for Nigeria, she argued that, “Nigeria is facing a nutrition crisis on multiple fronts, with rising levels of food insecurity.”

“To ensure that no Nigerian is left behind, we have to bridge the gap between policy statements and implementation at all levels. We must petition the government to mainstream SDG 2 into state and local government programmes,” Ms Oyebola submitted.

On his part, the National Coordinator, Media Centre Against Child Malnutrition (MeCAM), a member of the Civil Society Scaling-Up Nutrition in Nigeria (CS-SUNN), Mr Remmy Nweke, proposed increased budgetary lines in the health and agricultural sectors.

He said that there was an urgent need to review the school feeding programme and to encourage smallholder farmers with better seedlings and other agricultural inputs and decried the persistent insecurity challenges in the country, noting that it negatively impacts access to nutritious food in many parts of Nigeria.

In his remarks, a nutrition consultant, entrepreneur and member of the Nutrition Society of Nigeria (NSN), Mr Collins Akanno, disclosed that individuals need to begin to implement home gardening and good nutrition habits.

“Nigerians need to be properly educated on sustainable agricultural practices. Many people do not know that certain food crops around them are very healthy and nutritious. A lot of nutrition education needs to be done to create awareness on all platforms, from community outreaches to social media,” he said.

“There are local food options in Nigeria that are rich in essential nutrients. Soybeans, egusi (melon seeds), millet, groundnuts, and even pumpkin leaves are particularly highly nutritious,” Mr Akanno said.

He explained that in an ideal health plate, the most food portion on the plate should be proteins and vegetables, followed by fruits and healthy carbs. He pointed out that soybeans are rich in proteins, dietary fibre, and micronutrients.

The nutritionist lamented the neglect of micronutrients, which has caused micronutrient deficiencies or “hidden hunger” in the country. Hidden hunger, or micronutrient deficiency, is the lack of vital nutrients in the body.

He also referred to the Nigerian Protein Deficiency Report, a recent survey that examines the level of protein deficiency in Nigeria and sheds light on the food consumption pattern among Nigerians, and reiterated that the convergence of high cost and availability increased the prevalence of protein deficiency in the nation.

Mr Akanno advised that nutrition education and sensitization, particularly among people in the rural areas, on malnutrition and its effects, would help to curb protein deficiency.

The webinar session was moderated by Martha Okpeke, a Development Enthusiast and Public Relations Practitioner.

It was organised as a part of the Nigeria Protein Deficiency Awareness Campaign (Protein Challenge), which is a media campaign to create awareness about the challenge of protein deficiency in Nigeria, and to mobilise relevant stakeholders to collaborate in mitigating the problem.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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FG Issues Data Protection Compliance Directive to All MDAs

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By Adedapo Adesanya

The federal government has issued a data protection compliance circular to all Ministries, Departments and Agencies (MDAs) to promote public trust through data-driven governance.

The compliance directive is contained in Circular No. 59805/S.I/74, dated 27 July 2026, and signed by the Secretary to the Government of the Federation, Mr George Akume, according to a statement by the Head, Legal, Enforcement & Regulations, Mr Babatunde Bamigboye.

The initiative forms part of a continuum of regulatory measures that will be vigorously pursued as Nigeria advances towards the decisive frontiers of the Fourth Industrial Revolution.

The circular drew the attention of MDAs to a statement of President Bola Tinubu, where he said: “Data is the new oil”.

Mr Akume then directed all Ministries, Extra-Ministerial Departments and Agencies to capture the information rigorously and safeguard it under the Nigeria Data Protection Act, 2023 (NDP Act).

The circular also directed MDAs to ensure full compliance with the NDP Act, Regulations, Guidelines, and Directives issued by the Nigeria Data Protection Commission (NDPC) in relation to the processing of personal data.

To this end, the Circular directs MDAs to, designate suitably qualified officers as Data Protection Officers (DPOs) to oversee data protection compliance and advise management on all matters relating to the lawful processing of personal data, ensure that the names and contact details of their designated DPOs are communicated to the NDPC for registration and official records; engage licensed Data Protection Compliance Organisations (DPCOs), where required, to facilitate compliance with the NDP Act and support the conduct of statutory compliance audits.

It also directed them to provide adequate budgetary allocation for data protection compliance activities, including capacity building, awareness programmes, deployment of appropriate technical safeguards, and periodic compliance audits; and submit all mandatory Data Protection Compliance Audit Returns and other statutory returns to the NDPC within the timelines prescribed by law.

The circular further states that “Permanent Secretaries, Accounting Officers and Chief Executive Officers of all MDAs shall be personally responsible for ensuring institutional compliance with the Circular and the provisions of the NDP Act.”

The National Commissioner/Chief Executive Officer of the NDPC, Mr Vincent Olatunji, expressed the commission’s commitment to supporting data-driven governance.

Mr Olatunji maintained that data accountability is pivotal to achieving the eight Presidential Priorities. To provide full technical support to MDAs for the purpose of achieving compliance, the commission has constituted a regulatory clinic.

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Yellow Card Raises $40m to Expand Stablecoin Payment Infrastructure

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By Adedapo Adesanya

Yellow Card, a global stablecoin infrastructure provider, has raised $40 million in a strategic funding round to accelerate its international expansion and strengthen its digital payment infrastructure.

The funding round attracted investments from SC Ventures, the innovation and investment arm of Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and other strategic investors. With the latest raise, Yellow Card’s total equity financing has now exceeded $120 million.

The company said the fresh capital will be used to scale its Global US Dollar Accounts, an end-to-end dollar account designed for businesses, while expanding the stablecoin payment rails that connect businesses to markets around the world.

Yellow Card’s chief executive, Mr Chris Maurice, described the investment as a strong endorsement of the company’s long-term vision, noting that the company has spent years building infrastructure that allows businesses to move money globally without relying on traditional correspondent banking systems.

He added that the next phase of growth will focus on helping banks connect directly to stablecoin payment rails, enabling faster and more efficient cross-border transactions while expanding access to US Dollar services for businesses.

SC Ventures chief executive, Mr Alex Manson, said stablecoins are becoming an important part of global payments, but noted that widespread adoption will depend on reliable infrastructure and practical use cases.

He said Yellow Card has built the payment rails businesses across Africa need to move money efficiently across borders and expressed confidence in the company’s ability to expand both within Africa and internationally.

The investment also marks growing interest from global institutions in stablecoin-based payments. Sony Innovation Fund said its backing reflects confidence in Yellow Card’s ability to build digital payment infrastructure for emerging markets.

Mr Austin Noronha, Managing Director at Sony Ventures-US, said the company believes Yellow Card is creating the technology needed to help banks, financial technology firms and enterprises move money faster and more securely.

He added that the company looks forward to supporting Yellow Card as it expands beyond Africa into Latin America, the Middle East, Europe and the Asia-Pacific region.

Yellow Card said the funding will also support the wider rollout of its Global USD Accounts, which allow businesses to hold U.S. dollars, manage treasury operations, swap stablecoins, and collect or make payments in local currencies across more than 50 countries.

The company noted that the platform is already being used by major customers, including Visa and Western Union.

Founded to simplify cross-border payments through digital assets, Yellow Card has processed more than $10 billion in transactions across its network. The company supports over 50 currencies and holds licences, authorisations and registrations in 22 jurisdictions across North America, Europe and Africa.

Yellow Card has also established strategic partnerships with global payment companies including Visa, Mastercard, PayPal and Coinbase as it positions itself as a key infrastructure provider for international digital payments.

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NEC Approves $4.5bn Refinancing of NNPC Oil-Backed Loan

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By Adedapo Adesanya

The National Economic Council (NEC) has approved a $4.5 billion arrangement for the Nigerian National Petroleum Company (NNPC) Limited aimed at strengthening the country’s external reserves and freeing up funds for infrastructure.

This is part of the refinancing of the $3.3 billion Project Gazelle Pre-Export Finance Facility through a new $4.5 billion facility named “Project Gazelle 2”.

The approval allows NNPC Limited to refinance the outstanding balance of approximately $1.5 billion under the original 2023 facility, while unlocking an additional $3 billion in liquidity to strengthen the country’s external reserves and support ongoing fiscal and infrastructure priorities of the government.

NEC’s approval followed a presentation by the Minister of Finance, Mr Taiwo Oyedele, which was presented by the Chairman of the Council, Vice President Kashim Shettima, underscoring the importance of the project.

NEC observed the significance of unlocking additional liquidity to the federation, among other benefits, pledging its support for the actualisation of the initiative.

The Finance Minister explained that the refinancing has been structured on more favourable terms than the original facility, including a reduction in the volume of pledged crude oil from 90,000 barrels of oil per day to approximately 78,750 barrels of oil per day – a 12.5 per cent reduction.

He noted that under the new arrangement, an additional 11,250 barrels of oil per day for the federation will be released, while there will be a reduction in the pledged crude volumes by the state oil company.

Mr Oyedele added that while accessing additional liquidity on improved terms, the arrangement is freeing up resources for strategic national priorities while strengthening the country’s financing structures.

“The arrangement is freeing up resources for strategic national priorities while strengthening the country’s financing structures,” he said.

VP Shettima called for a responsive, scalable, and data-driven social protection policy to tackle multidimensional poverty in Nigeria.

According to Mr Shettima, government policies are often heard before they are seen, speak through the price of food, condition of hospitals, records in schools, strain on families, the confidence of those who invest their labour in the nation’s future, and, very importantly, the ambitions of state governments.

He implored members of Council to ensure that every decision they make assure the citizens “that their government is paying attention to the pulse of the nation and is resolved to respond with competence, compassion and purpose.”

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