NESG Unveils  Policy Innovation Centre

The Nigerian Economic Summit Group (NESG) has unveiled  its Policy Innovation Centre(PIC), which would improve the design and implementation of government policies and programmes in Nigeria through lessons from behavioural and social science as well as other policy tools.
Mr. Asue Ighodalo, Chairman of NESG, who unveiled the centre at the ongoing 27th Nigerian Economic Summit(NES#27) in Abuja, explained that the Centre would engage in detailed analytical work which would help policy-makers and programme implementers improve outcomes for Nigerian citizens.
He added:”The PIC seeks to implement innovative policy tools, including behavioural insights, to improve policies and programmes in Nigeria.It is the first national level unit of its kind in Africa and applies lessons from the behaviour and social sciences, including testing interventions, to find evidence to inform better policies and decision-making .
“The PIC is an initiative within the NESG that is sponsored by Rockefeller Philanthropy Advisors, with.the support of the Bill and Melinda Gates Foundation.”
In his remarks, the Executive Director of PIC, Mr Faisal Naru, said the Centre would strive to assist policy makers and decision makers in unveiling how people behave, in order to design better policies in relation to the people.
According to him,Naru,  the centre is already working with Mac Arthur Foundation and  development partners to make a difference through better policies and programmes in the country.
Dr. Osasuyi Dirisu, Deputy Director, PIC, said the Centre would take its findings from behavioural insights and evidence to identify problems, adding that if problems are not identified, they may not be solved.
She noted that the Centre would work closely with public institutions, adding that the Centre is supporting the National Social Intervention programme of government to ensure effective service delivery to the people.
Septuagenarian Defiles  7 Year -Old Girl In  Bauchi

Police arrest man for allegedly stealing from female teachers in Enugu -  Nigeriannewsdirectcom
A 70 -year -old -man, Alhaji Umaru Daura has been arrested by police detectives  attached to Zone 12 Command headquarters of the Nigeria Police in Bauchi for defiling his neighbour’s  7 year old daughter.
This was contained in a press statement signed by the Zonal Police Public Relations Officer (ZPPRO), Thomas Goni and made available to newsmen in Bauchi on Tuesday.
Goni disclosed  that the incident happened at Kawo Rauta Village in Toro Local Government Area of the state
According to him, the victim’s father, one Alhaji Habu, reported the case to the police, saying that the suspect was caught redhanded defiling my seven year old daughter.
He added that the Assistant Inspector General of Police (AIG) in charge Zone 12 Bauchi, AIG Audu A. Madaki, has directed that the suspect be charged to court after completion of investigations.
Challenges Of The Judiciary In Contemporary Nigeria

Challenges of the judiciary in contemporary Nigeria (1) - Tribune Online
By Ebun-Olu Adegboruwa, SAN
Sometime in September, 2021, Ogun State Judiciary organized a two-day Judges Conference in Abeokuta, principally to dwell on contemporary issues facing the judiciary. It was a very rich encounter, with Dr. Muiz Banire, SAN, leading the discourse. I was privileged to be part of the Conference, which turned out to be an eye opener, on the silent struggles that our judges are made to put up with in executing their judicial assignments. The other aspect of the Conference was the joy of seeing their Lordships digging it out heartily, at the Conference Dinner. It was good to move away from the trials, rulings and judgments, for once. From my own personal experience and encounter, I can tell you that it is not easy to be a judge and it is more difficult to function in that office, in present day Nigeria. A lot was said at the Conference and I would like to share with you my own little contribution.
It is a great honour to be found amongst revered jurists on the occasion of the 2021/2022 Ogun State Annual Judges Conference. As the country remains faced with threatening economic hardship, embedded corruption and heightened security threats against its citizens, the Nigerian Judicial System is not left out from the several expectations of the Nigerian masses. The instant topic for consideration “The Challenges of the Judiciary in Contemporary Nigeria” therefore comes at a time when a negative perception of the Nigerian Judiciary is pervasive (perhaps erroneously) among the common man in the Nigerian polity.
Going by the democratic system of government in operation, the powers of the Federal Republic of Nigeria are basically operated through three tiers of government, the Legislative, the Executive and the Judiciary. Amongst these three arms of government, it has been said that the Judiciary (our subject matter of discourse) is the closest and most accessible branch of government to the common man. As such, I believe this topical issue is one in which every right-thinking person and resident in Nigeria should consider himself/herself a concerned stakeholder. I therefore hasten to commend the organizers of this event for their thoughtfulness in selecting this timely topic and further hope that our joint engagement in this regard will be crowned with success for the benefit of the Nigerian society. Hence, whereas our discussion is a humble admission of the imperfection of our Judicial System, on the other hand the constant improvement and better operation of the Nigerian Judiciary can become a reality. In examining the instant topic, a thorough appreciation of the nature and role of the Nigerian Judiciary is needed.
THE NATURE AND ROLE OF THE JUDICIARY
It is common knowledge that the Nigerian judiciary is a creation of the Constitution of the Federal Republic of Nigeria (as amended). The term ‘Judiciary’ has been defined as the court system of a country. The learned authors of Black’s Law Dictionary, 8th Edition, define the term as follows:
“The branch of government responsible for interpreting the laws and administering justice. A system of courts. A body of judges.”
Thus, section 6 (1) of the CFRN, 1999 provides as follows:
“The judicial powers of the Federation shall be vested in the courts to which this section relates, being courts established for the Federation.”
The Nigerian Judiciary has also been classified as “the court and all those who work in the vineyard of justice.” This includes Tribunals and Inferior Courts established by the National Assembly or the House of Assembly of a State. By virtue of Section 6 (6) of the 1999 Constitution, the mandate of the Nigerian judiciary “extends, notwithstanding anything to the contrary in the Constitution, to all inherent powers and sanctions of a court of law” and “to all matters between persons, or between government or authority and to any person in Nigeria, and to all actions and proceedings relating thereto, for the determination of any question as to the civil rights and obligations of that person.”
From the foregoing, it is evident that the most significant task of the judiciary is the adjudication of controversies through the application of law to a specific matter. The Judiciary is thus that arm of government vested with the judicial power to construe, interpret and apply the law with the ultimate end result of delivering justice in the society. In essence, the thrust of the Judiciary is to arrive at an end goal of justice. We can conveniently therefore boast that the judiciary is the foundation upon which democracy grows and develops, as it is the only organ that deals with the administration and dispensation of justice in a sovereign entity. Without a proper forum to resolve disputes between persons and persons, between persons and governments and between governments and governments, society will become a place fit only for the strong and mighty, where the rights and opportunities of the weak and feeble, will be trampled upon with impunity. We should therefore cherish and appreciate the role of the judiciary in stabilizing the society, generally. Thus, even at the height of military rule in Nigeria, the judiciary has never been shut down or scrapped, as was the case with the legislature and the executive arms of government.
As opined by IBRAHIM MOHAMMED MUSA SAULAWA, JCA in Sahara Reporters & Anor v. Saraki (2018) LPELR-49738 (CA) “by the very nature of its fundamental functions and role, thereof, the judiciary is the citizens’ last line of defence and hope in a free democratic society. Indeed, it is the line separating constitutionalism from totalitarianism.”
The role of the judiciary can therefore not be over emphasized being the stabilizer in a political system wherein it plays a divine role as the guardian and custodian of the Constitution. The Judiciary is further invested with the power to checkmate the other arms of government by compelling the legislature to act within its constitutional limits while performing its legislative duties and on the other hand subjecting the State (that is the Executive) to the Rule of Law. Accordingly, Justice Chuwudifu Oputa (JSC) once opined that:
“The judiciary is the guardian of our Constitution, the protector of our cherished governance under the rule of law, the guardian of our fundamental rights, the enforcer of all laws with or without which the stability of society can be threatened, the maintainer of public order and public security, the guarantee against arbitrariness and generally the only insurance for a just and happy society.”
Under the scheme of things, it is right to posit that only a court of law has the power and the right to say authoritatively and conclusively what the law is and once a court of record has spoken then its pronouncement however perverse or blatantly wrong it may appear to be, establishes the law. As such, Section 287 of the CFRN, 1999 is instructive in in this regard. It states thus:
“The decisions of the Supreme Court shall be enforced in any part of the Federation by all authorities and persons, and by courts with subordinate jurisdiction to that of the Supreme Court.”
The same goes for the Court of Appeal, the Federal High Court and the High Courts of the States and all other courts of record. The Judiciary thus occupies a very important, significant and strategic position in the Nigerian state. It is the bastion of the people’s hope, as it offers a formidable panacea to the sufferings and predicament of the masses. It is the desire of the general public that justice must be done at all times and be seen to have been done. It is thus obvious that whenever the Judiciary failed to play its stabilizing role in the Nigerian democratic state, democracy is bound to be threatened or truncated.
It is no wonder therefore that the Constitution, under Section 17 (2) (e), stipulates that the independence, impartiality and integrity of courts of law, and easy accessibility thereto shall be secured and guaranteed. In all I cannot agree less with Appadorai in his book, The Substance of Politics, where he surmised the essence of the Judiciary thus:
“…nothing more nearly touches the citizen than his knowledge that he can rely on the certain, prompt and impartial administration of justice. The Judge, therefore, fulfils an onerous function in the community.”
THE CHALLENGES FACING THE NIGERIAN JUDICIARY
Having fully appreciated the magnitude of the centripetal role that the Judiciary plays in our nation, there is no doubt that the Nigerian judiciary is plagued by a myriad of problems ranging from institutional to personnel problems, poor facilities, to inadequate financial provisions and procedural to constitutional problems, by which the former is being limited in its performance. These problems and challenges have been the subject of numerous meetings, debates, court actions and even industrial strike actions. It is therefore expected that greater members of my audience are familiar (if not more familiar) with the challenges rocking the Judiciary. To buttress this point, whilst taking a swipe at some of the key challenges thereto, I will humbly consider suggested solutions to the said challenges.
i.                    Appointment of Judges
For me, the challenges of the judiciary take a leap from the process and mechanism of appointing judges in the Judiciary. The current system to which there is no iota of transparency or public scrutiny of the candidates for judicial appointment is not something we should continue to engender. The present system, being not transparent, seems not to follow merit. Persons selected for judicial office should be individuals of integrity and ability with appropriate training in law. It was however just a while back when the President of the Nigerian Bar Association, Mr Olumide Akpata, decried the poor performance of candidates enlisted for appointment as Court of Appeal justices. As the President of the Nigerian Bar Association, he sits in the meetings of the National Judicial Council, the body saddled with the responsibility of appointment and discipline of judicial officers. He was reported as saying that: “The whole proceedings appeared more of an old schoolboys meeting and that important legal issues that were occasionally put to the nominees could not be answered”.
The reality is that anything hidden in the dark is subject to contamination. As it stands the process of appointment of individuals to the bench is bedevilled with lobbying, begging and invasion by several political interests. In several States, it is said that virtually all first class Obas, Emirs and kings have their slot for which they reserve their candidates for judicial appointments. Expectedly, a shoddy screening of applicants for any position in the Judiciary leads to shoddy results and conclusively a shoddy bench where the appointees are not only indebted to their god-fathers and lobbyists for such appointment, but remain available instruments to be influenced in the Justice delivery system of the nation. After all, he who pays the piper must surely dictate the tune. Chief Afe Babalola SAN rightly captured this menace as follows:
“When appointment of men and women to the bench is premised on extraneous considerations such as god-fatherism, political connections, religious leanings, “federal character” (without any regard for merit and competence) and monetary inducements, the ultimate victim is JUSTICE. The society is bound to suffer and bear the brunt of the consequences of having incompetent judges on the Bench.”
CBN’s New Financial Instrument To  Stop Nigeria’s  Import

CBN unveils policy to save Naira for further devaluation - Ripples Nigeria
The Central Bank of Nigeria has launched  a new financial instrument ,“The 100 for 100 Policy on Production and Productivity”,aimed at boosting  local production and productivity in various sectors of the economy.
The governor of the apex bank,Godwin Emefiele,  who disclosed this in Abuja during the official launch of the Central Bank Digital Currency also known as the eNaira,said the instrument will reverse Nigeria’s over reliance on imports.
According to him, the initiative was based on the conviction that with the right support, the country will begin to see a significant, measurable and verifiable increase in local production and productivity, reduction in certain imports, increase in non-oil exports, and improvements in the foreign exchange-generating capacity of the economy.
He added that under the policy, the apex bank  will advertise, screen, scrutinize and financially support 100 targeted private sector companies in 100 days.
This, he said,would begin from November 1, this year, stressing that  the apex bank will be rolling over every 100 days with new set of 100 companies, whose names will be published in National Dailies for Nigerians to verify and confirm
 Working through banks, he said, the financial instrument will be available to their customers in critical areas to boost the production and productivity, and to immediately transform and jumpstart the productive base of the economy.
He also said:“After these 100 projects by companies in the first hundred days from November 1, we will take the next 100 companies/projects for another 100 days beginning February 1, 2022, and then another 100 companies for another 100 days beginning from May 1, 2022.The purpose of this instrument is to take further steps to reverse our over-reliance on imports.
“We believe that if we target and support the right companies and projects, we will see a significant, measurable and verifiable increase in local production and productivity, reduction in certain imports, increase in non-oil exports, and improvements in the foreign exchange-generating capacity of the economy.This, in my view, is the best and most sustainable way to address the Naira’s value whether in hard currency or digital eNaira through production, production and more production.”
 Senators  Fault Transfer Of Forfeited Assets To AGF

Senators fault EFCC's transfer of forfeited assets to AGF
Senators have  l the Economic and Financial Crimes Commission (EFCC) for transferring forfeited assets to the Office of the Attorney General of the Federation (OAGF) and Minister of Justice, Abubakar Malami.
They maintained that the forfeited assets ought to be auctioned and accrued  monies gotten from the sales used to finance the annual budget.
They expressed their minds during the  presentation made by the EFCC before the Senate Committee on Anti- Corruption chaired by Senator Suleiman Andy Kwari.
Director of Operations of the agency  Abdulkarim Chukkol, told the Senators that all the Forfeited Assets have been transferred to the OAGF and Minister of Justicein line with the policy directive issued since 2019 that all final forfeited assets should be transferred to the office of the Attorney General of the Federation for proper management
However, the Agency’s Director of Operations stopped short of listing the Assets that were handed over to AGF.
Senators who kicked against the transfer to the OAGF include Senators Abba Moro and Suleiman Abdu Kwari.
But Senator Abba Moro said  that he didn’t see the required managerial capacity in the OAGF that’s lacking in the EFCC,adding that the assets need to be disposed off for government to raise money to finance the budget.
Speaking,the Chairman of the Committee, Senator Suleiman Abdu Kwari highlighted that the proceed of crime bill currently before the Senate will address the issue.
He said  this  is what the proceed of crime bill will address; it will seek to address such ambiguity.
Besides,during the budget defence hearing, Senators complained about the meagre budget allocated to the Anti-graft agency saying that the fund is not enough to fight corruption in Nigeria.
Senator Yusuf Yusuf wondered how could N31 billion be enough to fight corruption in the country.
Senator Smart Adeyemi also complained about money allocated for Anti-graft agency to fight corruption in Nigeria.
Senator Adeyemi added that the Anti-graft agency should be able to get offices on all Senatorial districts if it is not possible to get offices in all the local governments in the country.
He reasoned  that availability of the agency offices in Senatorial districts will make it easier for them to get first hand information.
Earlier, The Director of Finance  of the Commission, Mohammed Joda while defending the 2022 budget proposal said the total fund proposed for the agency in 2022 is N31. 3 billion of which N25.8 billion Is earmarked for personnel cost, N3.6 billion for overhead while the sum of N 1.8 billion is for capital expenditure
The Director of Operations of EFCC,  informed the Lawmakers that  EFCC only have 15 offices across the federation including the headquarters in Abuja .
Niger:Bandits Invade Mosque,Kill 18

Bandits Attack Mosque, Kill 18 Worshippers In Niger - 9jaflaver
About 18 worshippers were Monday  killed  when armed men with dangerous weapons including guns invaded a mosque, leaving several others injured at Maza-Kuka in Mashegu Local Government Area of Niger state.
The armed men in their numbers had stormed Maza-Kuka, went straight to the mosque as the victims were performing morning prayers (Subhi) and attacked them with their dangerous weapons that includig knives and other sharp objects.
The attackers had shot sporadically into the air to scare away possible intruders before taking on their victims at closed range inside mosque while others scampered with several degrees of injuries.
The armed men came into the town in convoy of several numbers of motorcycles to carry out the attack on the villagers, an indigene of the area who pleaded anonymity had told journalists. “We were taken unawares, still confused and shocked over the attack”.
Though the actual number of casualties could not be immediately ascertained, the source added that, while the attack was going on some villagers in the ensuing confusion ran into the bushes and many have as well died of injuries”.
“So far we counted about 17 to 18 corpses”, adding that the local government Chairman and his team were already on assessment tour of the community to sympathized with the families of those that lost their loved ones”
Pensioners Threaten To Sue S/W Governors

Minimum Wage: Southwest NUP slams governors for reneging on promise - Daily  Post Nigeria
The Nigeria Union of Pensioners (NUP), South West zonal Council, has on Monday declared to file a case at the competent court of law against  governors in the region over non-compliance with constitutional provision on pension increment.
The pensioners conveyed the intent in a statement signed by its Chairman, Waidi Oloyede and Secretary, Sunday Akin and made available to journalists in Ibadan the Capital City of Oyo State .
The union announced that it would take the south west governors to court by November 30,2021 if the pension increases of 33.4 per cent and consequential adjustment of pension 2019 are not addressed.
It explained that  section 210 (3) and 173 (3) of the Constitution of the Federal Republic of Nigeria 1999 ( as amended) stated that pension should be increased at any time salaries and wages of workers are increased or every 5 years whichever comes first.
The union had written letters to the governors in the region on the decision of its meeting held on September 16 to take the governors to court if they failed to implement the pension increments.
The embattled pensioners observed that these provisions of the constitution have always been held in breach by governors in Nigeria,according to the statement.
“This  has led to inappropriate pension payment with some pensions earning as little as N330 per month in some states even here in the south west.This infraction has resulted in poverty, debilitating diseases and even deaths among scores of our pensioners,” the union said.
The union said that only Lagos and Ondo State governments in the south west region had implemented the 33.4 per cent pension increase of 2010, while Oyo,Osun,Ekiti and Ogun States had not.
The union said that there was another wages increase of N18,000 to N30,000 in 2019 with its consequential adjustment to the salaries and wages of workers that was brought to the notice of the governors.
It added:”Up to this moment no action or word has come from the governors indicating that they want to implement the increase.For the governors in Oyo, Ekiti, Osun, and Ogun states that have not implemented the 33.4 per cent pension increase of 2010 , it is appropriate that this be done before the implementation of consequential adjustment of pension 2019 in order not to short-change the pensioners”.
Junk Foods Claim 500,000 Lives Annually-Group

CSOs pass vote of confidence on Buhari's administration - Vanguard News
A coalition of Civil Society Organisations (CSOs), says 500,000 persons die annually across the globe.
They also deplored  the increasing fatalities arising from unhealthy consumption of junk foods.
The group, comprising the World Health Organisation (WHO)  Corporate Accountability and Public Participation Africa (CAPPA), and the Global Health Advocacy Incubator (GHAI), spoke at a press conference in Abuja, to mark this year’s World Food Day .
Speaking,Akinbode Oluwafemi, Executive Director, Corporate Accountability and Public Participation Africa (CAPPA),expressed disgust  that fatalities associated to trans fat consumption in Nigeria has continued to rise.
He added that the development came especially with the surge in consumption of pastries, fast foods, packaged foods, processed foods, and baked foods which is easily described as junk food, adding that there is even more likelihood that more people will be at risk of major trans-fat induced health complications.
He implored authorities to legislate or enact regulatory actions to eliminate industrially produced trans-fat to safeguard the citizens.
The CAPPA boss however, noted that efforts are on to end the menace stressing that WHO in May 2018 launched a comprehensive plan “REPLACE’’ to eliminate industrially produced artificial trans-fats from global food supply by 2023.
“This statistic has led to the call for the global elimination of industrially produced trans-fat by 2023.
“The WHO in May 2018 launched a comprehensive plan “REPLACE’’ to eliminate industrially produced artificial trans-fats from global food supply by 2023.  The elimination of trans-fats is key to protecting health and saving lives” he said.
Besides, Dr Kazadi Walter Mulombo, the WHO Representative, disclosed that noncommunicable diseases (NCDs) are responsible for more than 70% of deaths globally, killing more than 41 million people each year. Unfortunately, more than 85% of these deaths occur in Low-and Middle-Income countries of which Nigeria is one.
Represented by Dr Obagha Chijoke, the WHO Representative, warned that ingestion of Industrially produced TFA have no known health benefits instead, it is associated with increased risk of coronary heart disease with more than 500,000 deaths attributed.
In her remarks, Joy Amafah, the Nigeria Coordinator for the Global Health Advocacy Incubator (GHAI) Resolve to Save Lives Cardiovascular Health program, tasked the Federal Government on the passage of the fats and oils regulation.
Don’t Force COVID-19 Vaccines On Workers,NLC Tells FG

COVID-19 Vaccination: Persuade Workers Don't Force, Wabba Tells FG
Comrade Ayuba Wabba, President of the Nigerian Labour Congress (NLC), has  advised the Federal Government to employ
persuasion and conviction rather than coercion to convince workers and the general public to take the COVID-19 vaccine.
Wabba told newsmen in Abuja that it was necessary for  government and other employers of labour to create special arrangements for people to get the vaccine at work.
The COVID-1 9 epidemic, according to Wabba, has caused some of the worst strains, stress, and squeeze in the workplace, with thousands of workers dying.
He said while the high number of fatalities is regrettable, it also emphasizes the sacrifices that workers have made in combatting and limiting this deadly virus, and that many more workers have lost their employment and livelihood as a result of COVID-19.
He added:“The biggest lesson of the pandemic is that amidst the worst crisis, the human race can rise to the challenge with great resourcefulness and resilience.Apart from accelerated scientific efforts at understanding the epidemiology of the virus, science has raised the bar a little higher with the breakthrough discovery of a vaccine for COVID-19 which has helped reduce the death rate and hospital admissions.”
“A study conducted by the United States Centre for Disease Control at the end of May 2021 shows that there was about 63% drop in hospital visitations after the introduction of the COM-19 vaccine. There was also a 63% drop in hospital admissions post-vaccination and 66% drop in mortality for those aged 18 – 49 after the vaccination.Understand some people prefer to view COVID-19 vaccination with caution. Yes, it is important to proceed on issues of public health with great caution. Yet, it would be foolhardy to elevate caution above scientific evidence and facts from public health records”.
NESG:Nigerians Will Wallow In Hunger,Poverty, Insecurity Unless..

Unless urgent steps are taken to address the myriads of challenges confronting the country, Nigerian citizens would continue to wallow in poverty, hunger, insecurity and division,
chairman of Nigerian Economic Summit Group(NESG)  Mr. Asue Ighodalo,  has said.
He also advised the three tiers of   governments to take deliberate
and focused steps to transform the economy, adding that Nigeria would be left far behind by several emerging countries in Africa and the world at large.
The Nigerian Economic Summit,he said, has been compelled to call for collective will, capacity, resources and commitment of all leaders in the governing class, in business and in civil society to rise to the occasion to transform Nigeria
He spoke  at the opening of the 27th Nigerian Economic Summit(NES#27), with the theme,”Securing our Future: The Fierce Urgency of Now,”
He added: “The fierce urgency of now implies that unless we take deliberate
and focused steps to transform our society, Nigeria will be left far behind not just by the world but also by several emergent bright spots in Africa, and our people will continue to wallow in poverty, hunger, insecurity and division.
“This is no time for petty quarrels, blame games and finger-pointing. It is time to secure our future, all working well together, with fierce urgency, utilising every arsenal and capability at our
disposal.
“The urgency is also anchored on leveraging on the greatest opportunities of these times, which require the will to make and implement the right choices; the urgency to re-open our economy
differently and attractively; the urgency to resolve our security problems; the urgency to ensure macroeconomic stability; the urgency to accelerate our digital and technological capacities; the urgency of seizing the competitive African Market space created by the commencement of the African Continental Free Trade Area; the urgency to not just grow tax revenues, but to grow our non-oil export earnings; the urgency to attract and
acquire fourth industrial revolution technologies, and the urgency to create innovative and transformative solutions to social problems and to climate change issues.
“We can no longer afford to dream
and theorise about the right policies, projects and programmes
that will prepare us for the Fourth Industrial Revolution, or gaze
in admiration or envy at other countries as they leave us far behind.
“We also cannot continue to allow the pervasive despondency leading our youth to migrate, to other countries. We are losing their skills and talent at a time when we need our best minds to
tackle our most pressing problems and challenges.”
He advised that Nigeria must
provide a ray  of hope and possibilities, adding that amidst a global economic crisis unleashed by the COVID-19 pandemic and a difficult local environment, Nigerian technology entrepreneurs were able to take advantage of the digital transformation to succeed and boldly raise local and foreign investment.
“As I stand before you today, three out of Africa’s four startup unicorns (companies
valued in excess of $1billion) were founded by young Nigerian
entrepreneurs.
“We celebrate the achievements of Interswitch, Flutterwave and Jumia. We can create and enable many more unicorns,” he said.
He also commended government’s response to the  COVID-19 pandemic, adding that the measures taken by the government were adjudged as being most effective, timely and responsible in the World.
He said the rest of the World truly
marvelled at the level of competence and sophistication that came out of the country, noting that it was a strong sign of “what we can achieve, when we set our minds to a task, diligently, fairly and efficiently.”
Ighodalo further implored state governors, to do more to
eradicate poverty, open-up rural sectors,
provide extension services to farmers, provide them with storage facilities and route to markets, improve the quality of
education of their children, improve the healthcare facilities, enhance internally generated revenue and do more to attract investments into your states.
He  urged the private sector to selflessly support the government and help secure a legacy that sets the country on the path of sustainable and inclusive growth.
Speaking,former Prime Minister, Hailemariam Dessalegn Boshe, advised the government to put Nigerian citizens at the centre of its policy implementation.
Boshe advocated the need for government to address the increasing insecurity and decreasing quality of life.
He underscored the need to secure Nigeria, adding that “When you secure the future of Nigeria, you secure the future of Africa.”
He said :”In Nigeria as in many other Sub-Saharan African countries as captured by two  of the five pillars of this Summit, issues like increasing level of insecurity, decreasing quality of life are evidenced by high number of out-of-
school children and skyrocketing poverty rate, subdued and non-inclusive
growth, poorly designed and inconsistent public policies, and disruptive effects of new technologies, all have combined to highlight the urgent need to evolve to keep the ship afloat and build a world that creates and expands economic opportunities for all.
“As noted by Mr. Asue Ighodalo, the Chairman of NESG, in his address at NES25, ‘clearly, we do not have the luxury to wait’. We must seize ‘the urgency of now, and the will to change.”
He called for partnership between the public and private sectors, nations and organisations to create a new lease of life for the citizenry.
“In creating this urgent world, I would quickly say that collaborations between
nations, organizations, the public and private sectors is a prerequisite and
ideas is of the essence,” he said.
He counseled government to pay priority attention to the development of agricultural sector and rural economy to attract investments.