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Nigeria Seeks Considerable Share in $130bn Global Hydrogen Market

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By Adedapo Adesanya

Nigeria wants to tap from the $130 billion global hydrogen market through a partnership with Germany, says the Vice-President, Mr Kashim Shettima.

He stated this when he hosted a German delegation led by a member of the German Parliament and Hydrogen Commissioner, Federal Ministry of Education and Research, Mr Till Mansmann, at the Presidential Villa, Abuja said that the move would enable the government to develop its green energy sector.

According to him, the idea is advancing the country’s hydrogen market in line with its renewable energy objectives and the global energy transition plan from fossil to green sources.

“We cannot run away from the fact that sooner than later we have to do away with fossil fuels and resort to green energy for a sustainable world and inclusive economic growth.

“We appreciate you and there is ample opportunity for us to partner towards the development of the $130 billion global hydrogen market projected by the World Bank to grow at 9 per cent per annum,” he said.

On the potential in hydrogen development, Mr Shettima expressed optimism that if Nigeria gets its acts right, the entire African continent would equally get it right.

“Hydrogen has the potential of revolutionizing a lot of industries in Nigeria, including fertilizer production. The Federal Ministry of Science and Technology is ready to partner with authorities in Germany to drive the process towards developing the hydrogen market in Nigeria and beyond. Partnering to develop the hydrogen market in Nigeria will positively impact the rest of the African continent given its potentials and position.

“The potentials are here in Nigeria. When Nigeria gets its acts right, Africa will get it right too. You have a partner in Nigeria, In President Tinubu, you have a partner that you can trust.

“Leadership is about the ability to provide ideas to the problems of a nation,” he added.

Mr Shettima commended Germany for the commitment shown towards other countries in different areas.

The VP said, “Though not endowed with a lot of natural resources, Germany is blessed with the human capital that has made the country a global leader across diverse fields, including technology and devotion to ethics.”

On his part, Mr Mansmann said collaboration with Nigeria and institutions like the University of Nigeria, Nsukka (UNN) was crucial for achieving the goals outlined in Germany’s National Hydrogen Strategy.

“Nigeria is a very important partner for the global transformation of energy. If you want to fight climate change, it makes no sense if one country alone goes its own path.

“We need to come together with a lot of corporations in technology, science and human resources.”

He acknowledged Nigeria’s significant potential in the field of green energy, particularly hydrogen production.

“About 30 countries in Africa have the potential for green energy, especially hydrogen, and Nigeria is one of the most powerful countries in this field.”

Mr Mansmann also emphasised the role of universities in fostering innovation and nurturing future talent.

He added that Germany’s transition to carbon neutrality by 2045 requires a significant shift towards green energy imports.

“Germany will be an energy importing country for the next decades in huge amounts. Currently, we import 70 per cent of our energy in the form of fossils, and we want to get out of fossils by 2045.

“That means in 20 years all imported energy needs to be green. And we know there are great potentials in Africa and Nigeria,” he added.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Elumelu Rebukes UBA Graduate Trainee for Addressing Him as Tony

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By Modupe Gbadeyanka

The chairman of United Bank for Africa (UBA), Mr Tony Elumelu, expressed his displeasure over the way he was addressed by one of the company’s graduate trainees at an interactive session in a viral video.

The financial institution organised a Graduate Management Accelerated Programme graduation ceremony on Thursday, and the former banker was in attendance.

During a question-and-answer session, one of the graduating trainees stood and called Mr Elumelu by his first name, Tony.

“Good morning, Tony,” she said.

Mr Elumelu initially thought the lady meant to say Toyin, but she repeated “Good morning, Tony,” a development the UBA chairman was not happy about.

He quickly responded by saying, “No, you won’t call me Tony. You’ll call me Mr Elumelu or TOE. You won’t call me Tony, or Chairman. I don’t subscribe to that kind of… Oyinbo life, okay?”

Though without offering any apology for the error, the female graduate trainee subsequently corrected herself, saying, “Good morning, Mr Elumelu,” before proceeding with her question.

The video clip from the event has already generated mixed reactions, with many happy that the business mogul quickly rebuffed the lady.

They described her as rude, fearing she could lose her job for being disrespectful to the chairman of the organisation.

However, some others said calling colleagues by their first names in a corporate ecosystem is not new, as such happens in the banking sector.

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Atiku Vows to Restore Petrol Subsidy if Elected President

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By Modupe Gbadeyanka

Former Vice President Atiku Abubakar has promised to return the payment of subsidies for premium motor spirit (PMS), otherwise known as petrol, if he is elected President in 2027.

Mr Atiku is seeking to become Nigeria’s President next year. He is contesting for the position under the African Democratic Congress (ADC). The presidential election is slated for January 16, 2027.

Answering questions in a trending interview on social media, the former second citizen of the country said the removal of the fuel subsidy by President Bola Tinubu in 2023 has not done Nigerians any good.

According to him, the economy has been in shambles, noting that the subsidy removal is responsible for high living costs in Nigeria.

On Wednesday, the Minister of Finance, Mr Taiwo Oyedele, disclosed that the nation saved about N15.8 trillion between June 2023 and December 2025 from the policy, noting that over N10 trillion was made available to the 36 state governments and the 774 local government areas from the savings.

But the ADC presidential candidate was not impressed with this explanation, stressing that there is nothing to show for the purported gains of the policy.

“I initially did not oppose the removal of the fuel subsidy. But now that it has been removed, where is the money? Where has the subsidy money gone? Has it been used to improve healthcare, education or security?” he queried.

“If I win the presidential election, I will restore the subsidy. And anyone who stole Nigeria’s subsidy funds must return the money,” he declared.

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Nigerian Army Arrests 18 Illegal Miners, Recovers N2.47m in Niger State

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By Adedapo Adesanya

The Nigerian Army has arrested 18 suspected illegal miners at a mining site in Izom, Gurara Local Government Area of Niger State, recovering equipment and N2.47 million in cash from the operation.

The suspects were arrested by troops of the 102 Guard Battalion during a routine operation in the area, where the soldiers reportedly discovered unauthorised mining activities.

Following the arrests, the army handed over the suspects and recovered items to the headquarters of the Nigerian Security and Civil Defence Corps Mining Marshals in Sauka, Abuja, in line with established inter-agency procedures.

The operation is part of intensified efforts by security and regulatory agencies to curb illegal mining, which has been linked to revenue losses, environmental degradation and the unlawful exploitation of Nigeria’s mineral resources.

Reacting to the development, the Commander of the NSCDC Mining Marshals, Assistant Commandant of Corps John Onoja Attah, commended the Nigerian Army for what he described as a strong demonstration of professionalism and commitment to protecting the country’s mineral wealth.

“The Nigerian Army has once again distinguished itself through professionalism, discipline and patriotism. The swift arrest of the suspects and their prompt handover to the Mining Marshals reflect a commendable commitment to the rule of law and the protection of Nigeria’s solid mineral resources,” he said.

Preliminary investigations by the Mining Marshals indicated that the suspects allegedly operated without licences, permits or any affiliation with a registered mining company. Investigators also said they could not produce evidence of valid mineral titles or authorisation from the relevant regulatory authorities.

Items recovered from the mining site included motorcycles, pumping machines, crusher engines, communication devices and cash totalling N2,468,750.

Mr Attah said the Mining Marshals would continue to pursue individuals involved in illegal mining and strengthen intelligence-led operations against activities that undermine the formal mining industry and deprive government of legitimate revenue.

He added that the Corps, under its Commandant-General, Mr Ahmed Audi, remained committed to enforcing the provisions of the Nigerian Minerals and Mining Act and protecting Nigeria’s mineral resources from unlawful exploitation.

The Mining Marshals said the investigation had been concluded and that the 18 suspects were being processed for prosecution under the relevant provisions of the Nigerian Minerals and Mining Act, 2007.

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