General
Zero Hunger: World Food Programme Promises Nigeria $2.5bn

By Adedapo Adesanya
The World Food Programme (WFP) has pledged to commit $2.5 billion to strengthen and support Nigeria’s efforts towards sustainable food security and zero hunger across the country by 2028.
The WFP Country Director, Mr David Stevesson, disclosed this when he led the UN agency’s team to the Minister of Humanitarian Affairs and Poverty Alleviation, Mrs Betta Edu, on Wednesday in Abuja.
He said, “We talked about zero hunger, we talked about humanitarian hubs in every local government area in the country, we talked about the world food programme.
“The potential to support those hubs through buying food locally and assisting the needy with cash transfers and food.”
“Let me announce here that the World Food Programme is committed to spending $2.5 billion to fight hunger in the next five years in Nigeria,” he said.
Mr Stevesson said that the agency had already captured 2.1 million beneficiaries under the programme with the hope of maintaining a working relationship with the ministry to achieve the target.
He expressed the agency’s readiness to support the federal government’s determination to address humanitarian crises and poverty issues, especially as it relates to food security.
“We are excited by President Bola Tinubu’s commitment and drive to eradicate poverty and reduce humanitarian crises in Nigeria.
“The new energy which the Minister is bringing into the space gives us hope that we will accomplish a lot together,” he said.
While congratulating the minister on her appointment, the WFP Country Director expressed optimism about the ability of the minister to deliver on the mandate.
In her response, the Minister of Humanitarian Affairs and Poverty Alleviation, Mrs Edu, said that the intervention would go a long way to address some of the humanitarian challenges affecting the country.
According to her, Zero Hunger is a top priority for the ministry, adding that it is part of poverty and humanitarian response efforts.
”We, therefore, appeal to the WFP to key into it by working with the ministry to achieve results because this intervention will go a long way to address some of the biggest challenges the country is facing,” she said.
Mrs Edu told the WFP delegation that over 133 million people in Nigeria are affected by multidimensional poverty, adding that the National Homegrown School Feeding was one aspect of the Zero Hunger Project.
“The Ministry will be working on different nutritional food programmes that will target pregnant women, children under the age of five years and school pupils.
”Feeding persons who are affected by humanitarian crises, the aged, including refugees that have found themselves within our space.
”Currently, we have over 80,000 persons living as refugees across Nigeria,” she said.
She said that the ministry had introduced an innovative way of rejigging the humanitarian response in the country.
“Part of the innovation we are bringing on board is what we call humanitarian hub because we want to create 774 of these humanitarian hubs in each local government across Nigeria,” the minister said.
General
UBA’s Abiodun Coker Wins Future Leader in Media Management Award

By Modupe Gbadeyanka
The Media and External Relations Lead of United Bank for Africa (UBA) Plc, Mr Abiodun Coker, has been crowned the Future Leader in Media Management.
He clinched this award at The Industry Summit/Awards held on Friday, May 2, 2025, in Lagos, with several persons from across all sectors in attendance.
Mr Coker’s recognition further cements his growing reputation as one of Nigeria’s most dynamic and future-ready communications leaders, with his eyes firmly set on redefining the media management landscape.
The award jury, chaired by Mr Tolulope Ogunjobi, a renowned broadcast business correspondent and Business Editor at TVC News, said Mr Coker was bestowed with the honour because of his exceptional achievements in the public relations field during the year 2024.
The team said one of them was his masterful handling of UBA’s 2024 rights issue, which successfully closed on December 24, 2024, and the impactful execution of the bank’s 75th Anniversary Campaign, both of which were described as commendable and exceptional.
According to the jury, his management of UBA’s media ecosystem during the year under review was remarkable, with several media professionals praising his public relations craftsmanship and ability to skilfully manage the image of one of Africa’s most formidable financial brands.
“Abiodun Coker’s achievements in 2024 are a beacon for greater accomplishments ahead. He is undoubtedly one of the strategic communication experts to watch in 2025,” the jury noted.
A seasoned professional, Mr Coker’s journey from an acclaimed financial journalist at BusinessDay Newspapers to a powerhouse in corporate communications has been nothing short of inspiring.
With over eight years of robust journalism experience, coupled with leadership roles at top-tier public relations firms such as BD Consult Ltd and Quadrant, he has consistently demonstrated his ability to transform and manage leading brands successfully.
Organized by The Industry Newspaper, the leading brand marketing publication in West Africa, the prestigious awards recognize outstanding professionals shaping the future of brand marketing and communications across the region.
General
FG Reassures Investors More Enabling Investment Climate

By Adedapo Adesanya
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has reiterated the federal government’s commitment to fostering a more enabling investment climate, anchored on macroeconomic stability, structural reform, and a clear pathway to inclusive prosperity.
He gave this assurance at a high-level private dinner, organized by Kuramo Capital Management Lagos as part of Africa Venture Capital Week.
The Minister lauded Kuramo Capital and its partners for their steadfast belief in Africa’s promise and highlighted the alignment between private capital and Nigeria’s renewed hope reform agenda.
According to a statement, participants recognized the vital role of blended finance and innovation in driving sustainable development.
The event brought together a distinguished group of global investors, development partners, and business leaders for a candid exchange on unlocking long-term capital for Africa’s growth and transformation.
It also marks Kuramo Capital’s first formal convening in Nigeria in several years, underscoring a renewed sense of commitment to deepening its strategic footprint across the continent.
Mr Edun said with this renewed commitment, the federal government is poised to unlock new opportunities for economic growth, investment, and inclusive prosperity.
He also called for more investment into the country, assuring participants that the right mechanisms are being put in place towards driving Nigeria’s development and improving the lives of its citizens.
General
FG Moves to Fast-Track Household Cash Transfer Scheme

By Adedapo Adesanya
The federal government is fast-tracking the implementation phase of its economic and financial inclusion strategy aimed at improving access to economic opportunities for Nigerians.
This was disclosed by the Deputy Chief of Staff to the President, Mr Ibrahim Hadejia, at the inaugural meeting of the Technical Committee of the Presidential Committee on Economic and Financial Inclusion (PreCEFI).
He said that “Financial inclusion is not just about having a bank account—it means access to quality services, credit, and the visibility that digital platforms offer.”
The meeting was held at the Presidential Villa, Abuja, on Wednesday.
The federal government established an inter-agency task force to address challenges delaying President Bola Tinubu’s approved conditional cash transfers to 15 million vulnerable households.
The task force includes the National Identity Management Commission (NIMC), National Social Safety-Nets Coordinating Office, National Cash Transfer Office (NCTO), Central Bank of Nigeria (CBN) and Nigeria Inter-Bank Settlement System (NIBSS).
The mandate of the taskforce goal is to unlock bottlenecks and fast-track the distribution of critical financial support to Nigeria’s most vulnerable.
The meeting also endorsed steps to work with state governments in localising data from the Enhancing Financial Innovation and Access in Nigeria (EFInA) Access to Financial Services survey – a biennial study conducted by the EFInA.
Mr Hadejia explained that the meeting brought together high-level stakeholders from government agencies, financial institutions, and academia to align on the President’s vision and execution roadmap.
“We are off to a very good start. What has led to the success of what we’ve done so far is alignment and inclusive stakeholder engagement,” he said.
On hsi part, the committee’s Secretary, Mr Nurudeen Zauro, said the meeting also approved PreCEFI’s strategic roadmap and governance structure.
Mr Zauro, who is also the Technical Advisor to the President on Financial Inclusion, said ” an inter-agency committee has been established to address delays in the disbursement of conditional cash transfers to 15 million households as mandated by President Tinubu.
“We will be presenting the report to the National Economic Council and the Nigerian Governors Forum to ensure data is domesticated and acted upon at the subnational level.”
Also, Director-General of NIMC, Mrs Abisoye Coker-Odusote, explained that digital identity plays a foundational role in achieving inclusion goals.
“The beauty of the NIN is that it bridges the financial divide. It provides access to health, education, and agricultural services and strengthens national data infrastructure,” she said.
The Director of Consumer Protection and Financial Inclusion at the CBN, Mrs Aisha Isa-Olatinwo, urged the committee to focus on implementable outcomes that serve those at the base of the pyramid.
According to her, financial inclusion is one of the eight reform pillars of the President’s agenda.
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