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AICL GMD, Tamuno seeks stronger Diaspora investment in Africa

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…Advocates trust, transparency, skills transfer, sustainable partnerships

The Group Managing Director and Chief Executive Officer of Abuja Investments Company Limited (AICL), Her Excellency, Ambassador Maureen Tamuno, has called for stronger partnerships between Africa and its diaspora to accelerate investment, facilitate skills transfer, create jobs and promote sustainable economic development across the continent.

Tamuno made the call on Thursday while delivering the keynote address at the seventh Diaspora Africa Conference, held at the Afreximbank Africa Trade Centre, Abuja, under the theme, “Homecoming: Bridging the Divide from Diaspora to Africa’s Future.”

She said homecoming should go beyond reconnecting with ancestral roots to building lasting relationships through productive investments, knowledge exchange, enterprise development and initiatives capable of improving livelihoods.

Drawing on her experience as Nigeria’s former High Commissioner to Jamaica, with concurrent accreditation to Haiti, Belize and the Dominican Republic, Tamuno stressed that diaspora engagement should extend beyond financial remittances to include professional expertise, international networks, entrepreneurship and technology transfer.

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She identified trust, capital, skills, identity and policy as five critical bridges required to strengthen collaboration between Africans at home and abroad.

According to her, transparency, accountability and reliable institutions are essential to attracting diaspora investments. She urged governments to make investment information accessible, digitise public systems and ensure that transactions are transparent and independently verifiable.

“Patriotism should inspire an investment; it must never replace due diligence. Shared ancestry does not guarantee financial return,” she said, advocating structured investments backed by clear agreements, proper documentation and effective accountability mechanisms.

The AICL chief executive highlighted investment opportunities across the company’s portfolio, including real estate, markets, public infrastructure, transportation, entertainment and the creative economy. She invited diaspora entrepreneurs, investors and institutions to explore mutually beneficial partnerships with AICL to unlock opportunities within the Federal Capital Territory.

She also advocated a shift from the traditional emphasis on remittances for consumption towards structured investments that generate financial returns while delivering social and economic benefits.

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Tamuno called for stronger collaboration in professional training, research, technology and enterprise development, noting that diaspora professionals could contribute through mentoring, knowledge exchange and partnerships without necessarily relocating permanently to Nigeria.

She further stressed the importance of including women, young people and persons with disabilities in investment opportunities, leadership, technical training and enterprise ownership, saying Africa’s development must provide inclusive opportunities for all.

To translate the conference’s resolutions into measurable outcomes, Tamuno proposed a Homecoming Partnership Compact to track progress over the next 12 months. The proposed framework would monitor partnerships established, enterprises supported, people trained and jobs sustained.

She said the success of diaspora engagement should be measured not by announcements and promises alone, but by functioning businesses, responsible investments and tangible improvements in people’s lives.

Tamuno urged Africans at home and abroad to embrace shared responsibility in building a prosperous continent, stressing that trust, mutual respect and sustained collaboration were essential to creating an Africa that future generations would be proud to call home.

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“Let this seventh edition mark a movement from recognition to relationship, from relationship to responsibility, and from responsibility to results.We cannot undo the journeys that divided us. But we can choose the partnerships that shape our future.” she added.

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Tinubu lands in Akwa Ibom for APC rally, commissioning of projects

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President Bola Tinubu has arrived in Uyo, Akwa Ibom State, to attend an All Progressives Congress (APC) political rally as well as the inauguration of several projects executed by Governor Umo Eno’s administration and .

The President arrived in the state on Friday alongside his wife, Remi Tinubu, and was received by Governor Eno, Vice President Kashim Shettima, government officials and other dignitaries.

Tinubu’s visit is expected to feature the commissioning of key infrastructure projects across the state, including facilities at the Victor Attah International Airport.

The President is scheduled to inaugurate the airport’s new international terminal building, international airport hospital and Ibom Aviation Village.

Other projects lined up for commissioning include the Airport-Okopedi Road, which connects communities in Nsit Atai and Okobo Local Government Areas, and Ring Road 3, linking Idoro Road to Ikot Ekpene Road through Uyo and Ibiono Ibom.

The AKWA-GIS Office Complex, Command-and-Control Centre and ARISE Palm Resort are also among the projects scheduled for inauguration.

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The President’s visit was earlier announced by his Special Adviser on Information and Strategy, Bayo Onanuga, in a statement on Thursday.

Onanuga said the President would commission the projects before participating in a political rally organised by the APC in the state.

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2027: Help ensure free, fair election, Obi calls on international community

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Peter Obi, presidential candidate of the Nigeria Democratic Congress (NDC), , has called on the international community to support efforts to ensure free, fair, transparent and credible elections in Nigeria.

Obi, a former governor of Anambra state, made the call on Thursday after meeting with the new British High Commissioner to Nigeria and his delegation at the Commissioner’s residence in Abuja.

According to Obi, in a statement shared on his X handle, discussions at the meeting focused on governance, the welfare of Nigerians and the forthcoming elections.

He said his appeal to the international community was not for support for any  political party or candidate but for the protection of Nigerians’ democratic rights.

“Our appeal to the international community is not for support for any particular candidate or political party. It is for something far more fundamental: the protection of the Nigerian people’s democratic right to freely choose their leaders through free, fair, transparent and credible elections, Obi stated.”

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He stressed that democracy should reflect the choices and aspirations of the people, urging foreign partners to continue promoting accountability and respect for the people’s mandate.

“Democracy must be about the people, their choices and their future,” he said.

Obi also encouraged the international community to continue standing with Nigerians, insisting that the outcome of elections must reflect the genuine will of the electorate.

The NDC candidate further said he congratulated the British High Commissioner and the people of the United Kingdom on the occasion of the birthday of King Charles III.

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Good morning! Nigerian Newspapers Headlines: 2027: Court ruling rattles ADC, threatens Atiku’s presidential bid

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1. The crisis rocking the African Democratic Congress leadership deepened on Thursday after the Federal High Court in Abuja nullified the National Working Committee led by former Senate President, David Mark, in a ruling that also invalidated the process that produced former Vice-President Atiku Abubakar as the party’s presidential candidate for the 2027 elections.

The judgment, delivered by Justice Peter Lifu, also nullified the emergence of former Minister of Interior, Rauf Aregbesola, as National Secretary, and other decisions taken by the Mark-led leadership, including the nomination of candidates for elective offices. The court further ordered the Independent National Electoral Commission not to recognise or act on decisions taken at the party’s 99th National Executive Committee meeting of July 27, 2025.

2. African Democratic Congress (Adc) presidential candidate Atiku Abubakar lacks what it takes to challenge President Bola Ahmed Ahmed Tinubu in the January 16, 2027 election, Vice President Kashim Shettima, said yesterday. He described Atiku’s  political influence as totally down, beginning with his Adamawa home state. According to him, in the Ekiti and Osun recent governorship elections, Atiku’s ADC performed abysmally, which is another piece of evidence of the former Vice President’s lack of political influence.

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3. The Minister of Defence, Gen. Christopher Musa (retd.), has said the armed forces will gradually withdraw from internal security duties as the Nigeria Police Force builds its capacity.
Musa spoke at the APC Abuja Roundtable in Abuja on Thursday. He said the military’s growing role in police affairs reflected declining confidence in the police, adding that the constitution allows the military to step in when situations exceed the police’s capacity, but admitted the current level of involvement was excessive


4. US President Donald Trump has blamed the stock market’s sharp decline on the electoral victories recorded by the opposition Democratic Party in the midterm elections earlier this week. Trump made the accusation on Thursday in a post on his Truth Social platform, following a sharp selloff in US equities.

5. Minister of the Federal Capital Territory, Nyesom Wike, has dismissed the political support behind Peter Obi, presidential candidate of the Nigeria Democratic Congress, saying the wave that propelled him in the 2023 election no longer exists. Wike also described Obi as a dramatist, insisting that the former Anambra State governor had nothing to offer Nigerians ahead of the 2027 general election.

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6. The factional National Chairman of the African Democratic Congress, Nafiu Bala Gombe, has commended the Federal High Court for what he described as its independent, impartial and courageous handling of the party’s leadership dispute. Bala, in a statement on Thursday reacting to the judgment in Suit No. FHC/ABJ/CS/1819/2025, involving him, the ADC and four others, praised the trial judge for determining the case based on constitutional and statutory provisions rather than political considerations.


7. The National Drug Law Enforcement Agency has raised concerns over the increasing involvement of South African nationals in international drug trafficking. The agency said three South Africans had been arrested in recent operations, with large quantities of heroin, cocaine and synthetic cannabis, popularly known as Loud, recovered from them.

8. A Federal High Court sitting in Abuja on Thursday fixed December 7, 2026, for the trial of six alleged coup plotters who were arrested by the security operatives following the botched exercise. The court fixed the date after it dismissed the objections of the alleged coup plotters against the admission of their statements and video recordings made to the military during their interrogation.

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9. The Zone XI Command of the Nigeria Police Force said on Thursday that its operatives involved in the raid on a hostel occupied by some students of the Federal Polytechnic, Ede, Osun State, had been detained as an investigation into the incident commenced. The state Police Public Relations Officer, Olanrewaju Ojedele, disclosed this on Thursday, adding that the command had commenced an investigation into the circumstances surrounding the incident.

10. Minister of Power, Joseph Tegbe, has acknowledged worsening electricity supply disruptions in Lagos, Abuja, Ogun, Kwara and Oyo states, as the Federal Government moves to recover abandoned power equipment, beginning with the clearance of 44 containers from Apapa ports in Lagos. The minister said the affected areas had recently recorded noticeable improvements in electricity supply before the latest disruptions.

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