Connect with us

News

AICL Woos Ugandan Investors, Businesses to Nigeria, Invites Them to ABIE 2027

Published

on

Abuja Investments Company Limited , AICL, has called on Ugandan investors and businesses to explore investment opportunities in Nigeria, particularly through Abuja, describing the Federal Capital Territory as a strategic gateway into the Nigerian market.

The Group Managing Director/Chief Executive Officer of AICL, Her Excellency (Amb) Maureen Tamuno, PhD, made the call on Thursday in Kampala while speaking at the Uganda–Nigeria Business Forum and Exhibition 2026, where she urged both countries to transform their longstanding diplomatic relations into stronger economic partnerships.

Tamuno said Nigeria and Uganda occupy significant economic positions as entry points into West and East Africa respectively, stressing the need for both countries to deepen business-to-business relationships, investment flows and private-sector cooperation.

According to her, AICL, the flagship investment and holding company of the FCT, was established to attract and facilitate investments, promote public-private partnerships and connect investors with opportunities across Abuja.

She noted that the ongoing transformation of the FCT under the leadership of President Bola Ahmed Tinubu and the FCT Minister, Nyesom Wike, CON, had created a more attractive environment for investors through major infrastructure and economic development initiatives.

See also  AICL hosts 5th roundtable to strengthen partnerships between development partners, financial Institutions

Tamuno also highlighted AICL’s Abuja Business and Investment Expo (ABIE) as a major platform for connecting investors, financial institutions, government agencies and private-sector players with investment opportunities in Abuja and across Nigeria.

She disclosed that the next edition, ABIE 2027, is scheduled to hold from October 13 to 15, 2027, in Abuja, inviting Ugandan investors and businesses to participate actively.

The AICL boss further identified the creative industry as an important area for collaboration, citing Abuja Film Village International Limited (AFVL), an AICL-owned subsidiary established to support the growth of Nigeria’s film and creative industries.

According to her, AFVL provides opportunities for investors interested in film studios, movie production, filmmaking and other creative-sector ventures, while also facilitating professional development involving filmmakers, producers, actors and international industry experts.

Tamuno assured Ugandan investors that AICL stands ready to serve as a partner and gateway into Nigeria, leveraging Abuja’s strategic position as the Federal Capital.

See also  Fire guts Polaris Bank building in Lagos

She added that AICL remains committed to advancing the objectives of the African Continental Free Trade Area (AfCFTA) by creating platforms that facilitate stronger African business linkages, market access and investment partnerships.

She expressed optimism that the Uganda–Nigeria Business Forum would translate into concrete partnerships, increased trade and sustainable economic opportunities for citizens of both countries.

In his opening remarks, Hon. Gen. Wilson Mbasu Mbadi, Minister of State for Trade, called on Uganda and Nigeria to move beyond diplomatic goodwill and build stronger, tangible economic partnerships in accordance with the theme, “Enhancing Business Linkages and Market Access through the AfCFTA Framework.”

Dr. Ibrahim Abubakar Kana,Permanent Secretary,office of the secretary to the Government of the federation,Nigeria and lead to the Nigerian Delegation reaffirmed Nigeria’s commitment to strengthening bilateral cooperation, particularly through the conclusion of outstanding agreements and the promotion of stronger business and interpersonal ties.

Ambassadors Richard Kabonero, Philip Odida Acting-Ugandan High Commissioner and Misitura Abdulraheem,Acting-Nigerian High Commissioner, alongside business leaders, identified promising areas for collaboration, including manufacturing, pharmaceuticals, research, creative industries, financial services and agro-processing.

See also  US signs agreement with FG to return fresh $23m Abacha loot

Delivering the closing remarks, Hon. Haruna Kyeyune Kasolo, Minister of State,Uganda for Foreign Affairs in charge of Regional Cooperation, commended the Ministry of Foreign Affairs and the Uganda High Commission in Abuja for successfully convening the Uganda–Nigeria Business Forum and Exhibition.

Kasolo urged stakeholders to move swiftly towards implementing the resolutions reached at the forum, directing agencies to follow-up on business leads and address trade barriers.

Among attendees are: Chief Michael Awunor,President, Nigeria-Uganda Chamber of Commerce, Industry, Mines and Agriculture (NUCCIMA), Mr. Girma Wake,CEO, Uganda Airlines,Muhammad Ibrahim Abdullahi,First Secretary Economic Trade and Investment, Nigeria High Commission, Kampala, Mr. Ajay Kumar Pal,CEO, Quality Chemical Industries Limited (Qcil) amongst others.

The forum underscored a shared commitment to transforming opportunities into practical partnerships, increased trade and inclusive economic growth.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Good morning! Nigerian Newspapers Headlines: NDC dissociates itself from 59-member presidential campaign council unveiled by Obi-Kwankwaso movement

Published

on

By

 

1. The leadership of the Nigeria Democratic Congress (NDC) has distanced itself from the 59-member presidential campaign council constituted by OK Movement, a support group for Peter Obi, presidential candidate of the party, and his running mate, Rabiu Musa Kwankwaso.

In a statement on Saturday, Cleopas Moses, NDC national chairman, said the list did not emanate from the party and should be disregarded.


2. Former Senior Special Assistant Media and Publicity to the late President Muhammadu Buhari, Mallam Garba Shehu, said yesterday that the litigation instituted against Nigeria by Sunrise Power and Transmission Company at the International Chamber of Commerce (ICC) tribunal in Paris was doomed from the outset. 
Garba, who personally attended the January 15, 2025 sitting of the tribunal in the French capital, said it was clear from day one that Sunrise and its promoter Leno Adesanya “would lose this case following the failure of all the witnesses they invited, including, of course, a beautiful lady from Senegal allegedly providing comfort to one of their government contacts.

See also  US signs agreement with FG to return fresh $23m Abacha loot

3. The Presidency yesterday knocked back economic proposals by the presidential candidate of the African Democratic Congress (ADC), Alhaji Atiku Abubakar. It asked him to take the proposals to Nigerians on his campaign trail rather than seeking to dictate how President Bola Tinubu should govern the country.

4. The Nigeria Hydrological Services Agency (NIHSA) has forecast a high risk of riverine flooding across 15 states between September 19 to 25.
In its national flood advisory issued on Friday, the agency said rising river levels could trigger flooding in communities located on floodplains during the seven-day period.
The affected states are Imo, Cross River, Ebonyi, Benue, Anambra, Akwa Ibom, Lagos, Rivers, Edo, Kogi, Taraba, Delta, Bayelsa, Enugu and Abia.

5. Delta State Police Command has arrested a suspect after its personnel intercepted a vehicle conveying military camouflage uniforms, boots and hats, as well as cartons of suspected Tramadol and other illicit drugs. The vehicle, a green Toyota Sienna with registration number KP 527 AAA, was intercepted by operatives of the command’s Anti-Cult Unit, Asaba, along the Onitsha-Ondo route on Friday.

See also  Fire guts Polaris Bank building in Lagos

6. Police in Rivers State have begun an investigation into the killing of a father of four, Kamadioye Krama, by gunmen in Emulation community, Abua/Odual Local Government Area. The spokesperson for the State Police Command, Blessing Agabe, confirmed the incident, stating that an investigation was ongoing to apprehend the culprits and bring them to book.

7. President Bola Tinubu has said that, from October 1, commuters across Nigeria must begin to see measurable reductions in transportation fares, as he has directed all 36 states to accelerate the National Affordable CNG Transit Programme. In a statement personally signed and released on Saturday, September 19, Tinubu said the push followed his August 27 meeting with state governors.

8. The Nigeria Security and Civil Defence Corps, NSCDC, has deployed Abdulhamid Kabara as the new commandant of its Niger State Command following the deaths of 37 suspected illegal miners in custody. Kabara replaces Suberu Aniviye, who was suspended as Niger NSCDC commandant after the 37 suspects died in Minna, the state capital, on Thursday.

See also  ASUU strike: FG insists on ‘no-work, no-pay’

9. The Northern Senators Forum on Saturday called for an immediate, transparent and independent investigation into the deaths of 37 young Nigerians in the custody of the Nigeria Security and Civil Defence Corps, NSCDC, in Minna, Niger State. It described the circumstances surrounding the occurrence as “deeply disturbing and unacceptable.”

10. The Minister of Interior, Olubunmi Tunji-Ojo, has suspended the Niger State Commandant of the Nigeria Security and Civil Defence Corps (NSCDC), Suberu Aniviye, and 20 other officers following the deaths of 37 suspected illegal miners in the Corps’ custody. The officers were suspended pending the outcome of an independent investigation into the deaths, which occurred on Thursday, September 17, 2026. The Ministry of Interior announced the development in a statement signed by Tunji-Ojo on Saturday

Continue Reading

News

Keyamo, Sunday Dare knock Atiku for addressing President Tinubu as ‘Bola’

Published

on

By

  The minister of aviation, Festus Keyamo, and the special adviser to President Bola Tinubu on media and public communication, Sunday Dare, have criticised former Vice-President Atiku Abubakar for referring to the President as “Bola”.

Keyamo described Atiku’s use of Tinubu’s first name as “disrespectful and discourteous”.

“The continuous reference to President Bola Ahmed Tinubu by His Excellency, ex Vice-President Atiku Abubakar in his press conference earlier today as ‘Bola’ is very disrespectful and discourteous,” he wrote on X.

He said Atiku should recognise that the office of the president deserves to be accorded dignity despite political differences.

“He should know better that no matter your differences with Mr. President, for the sake of the country, that office should be accorded all the dignity it deserves,” Keyamo said.

Keyamo also described the tone of Atiku’s remarks as reflecting “pain and bitterness”, while referring to the former vice-president’s recent comment about Tinubu’s age.

See also  AICL celebrates 30 years of unprecedented success

“After all, he made the outlandish claim the other day that Mr. President is older than himself. It is therefore a contradiction that he would also refer to an ‘elder’ by his first name,” he said.

Also, Dare, in a post on X on Saturday,  reacted to Atiku’s call for Tinubu to reduce petrol and electricity costs.

Atiku had on Friday asked Tinubu to use the remaining eight months of his administration to reduce the burden of petrol and electricity costs on households, workers and businesses.

He said the removal of petrol subsidy in May 2023 had contributed to higher transportation, food, logistics and energy costs. He also warned against phasing out electricity subsidies without addressing the impact on households and businesses.

Dare described Atiku’s manner of addressing the president as “the height of insolence”, accusing the former vice-president of political desperation.

“Alhaji Atiku’s manner of addressing President Bola Tinubu as Bola is the height of insolence. It is a clear descent into the abyss of unbridled desperation and an unraveling mind,” Dare wrote.

See also  Kingmakers ratify Lekan Balogun as Olubadan

“To seek to lecture a sitting president with the unbridled insolence of dropping his first name, petulantly barking instructions, and dictating how governance should be run within a truncated timeline is the height of political hubris.”

Dare defended the Tinubu administration’s economic policies, saying the president was undertaking reforms to address structural problems in the economy.

Dare also questioned Atiku’s criticism of government intervention in the economy.

“Atiku’s sudden conversion to the gospel of interventionism rings hollow,” he said.

He accused Atiku of using Nigerians’ economic difficulties for political purposes ahead of the 2027 elections.

“This is a desperate strategy by a perennial seeker of power who weaponizes transient national discomforts for electoral mileage,” Dare added.

“Nigerians do not need lectures on fiscal management from a political wanderer whose decades-long pursuit of the presidency has been defined by perpetual opportunism.”

Continue Reading

News

South Africa-based Nigerian lecturer found dead at her residence

Published

on

By

A Nigerian lecturer at the University of Fort Hare, South Africa, Ayodele Odularu, has been found dead at her residence in Eastern Cape Province of South Africa.

According to reports, Gbadebo Odularu, the brother of the deceased, said she died on August 16 at the age of 51.

A family member, who spoke on condition of anonymity, told Punch’s Diaspora Tales that the lecturer’s death was not natural and the circumstances remained unclear to the family.

The family had asked for an investigation into her death.

In a GoFundMe statement published by Gbadebo on behalf of the family, the lecturer was described as someone who “dedicated her life to knowledge, discovery, and creating a better future for communities”.

The family said “although her journey on earth ended too soon, the impact of her life continues through the people she inspired, the knowledge she shared, and the communities she hoped to serve”.

See also  Good morning! Here Are Some Major News Headlines In Nigerian Newspapers Today: There are drug addicts, vagabonds among traditional rulers – Obasanjo

“Ayodele was far more than a sister. She was a cherished daughter, aunt, friend, mentor, scholar, and a source of encouragement, compassion, wisdom, and strength to everyone blessed to know her,” the statement reads.

“Her presence brought warmth into every room. She was known for her kindness, infectious laughter, generosity, resilience, and unwavering commitment to uplifting others. She had a rare ability to make people feel valued, heard, and inspired.

“Dr. Ayodele Odularu dedicated her life to knowledge, discovery, and creating a better future for communities.

“As an Independent Senior Researcher at the University of Fort Hare Community, she contributed meaningfully to academic research and the advancement of knowledge through her scholarly work.”

On Thursday, University of Fort Hare organised a memorial service in honour of the lecturer.

The lecturer died amid the violent attacks against Nigerians and other Africans in South Africa.

To date the Federal Government has 
facilitated the evacuation of 1,716 Nigerians from South Africa over Xenophobic attacks in the former apartheid country.

See also  Kingmakers ratify Lekan Balogun as Olubadan

Continue Reading

Trending News