馃嚦馃嚞NigeriaWest Africa
President Tinubu's administration seen as paving the way for a future female president in Nigeria
via Punch Nigeria1 min read
Oby Ajih, the South-East Zonal Woman Leader of the All Progressives Congress, stated that President Bola Tinubu is creating opportunities that could lead to a woman becoming Nigeria鈥檚 president. Speaking at the Abia APC Women Mid-Year Prayer Summit and Widows Empowerment Programme in Umuahia, Ajih noted that women are now being included in national affairs and will no longer face hunger. She added that First Lady Senator Oluremi Tinubu acknowledged women's challenges and encouraged them, assuring that their situation would improve after the 2027 elections. Lady C.C. Erondu, the Abia APC Woman Leader and event organizer, shared her understanding of widows' struggles as a widow herself and promised support from the First Lady. Erondu also expressed optimism that President Tinubu's administration would create employment for youths. Uzor Azubuike, the APC candidate for Aba North and South Federal Constituency, commended Erondu's efforts in organizing the program.
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This summary was AI-generated from a story originally published by Punch Nigeria.
Experts in Nigeria's real estate sector have raised concerns that the ongoing Iran-US crisis is leading to increased construction costs and project delays. These issues stem from the impact on imported materials, directly affecting costs for operators in the prime market. During a webinar organized by the International Real Estate Federation-Nigeria and Fortren & Company, Mr. Gbenga Olaniyan, Chairman of Estate Links Limited, noted that the period from 2022 to 2025 has seen unexpected price fluctuations. He attributed recent price increases to panic following the closure of the Strait of Hormuz, leading to longer negotiation periods for buyers and a shift towards joint ventures to share risks. Mr. Olaniyan emphasized that much of the current situation is driven by panic among end-users rather than actual cost increases. Ogunniran Hakeem, Chief Executive Officer of Eximia Realty & Co, suggested that current issues are a snowball effect from the COVID-19 pandemic's global supply chain disruptions, further exacerbated by the Russia-Ukraine war, which impacted critical material sourcing like steel. He warned that continued Middle East disruptions could reduce diaspora remittances, a significant funding source for many African countries. FIABCI Nigeria President, Mr. Akin Opatola, stated the forum aimed to help real estate professionals respond strategically to global market changes. World President of FIABCI, Mrs. Lily Chang, highlighted that geopolitical uncertainty makes invest
Must ReadNigeria faces a critical juncture regarding its participation in the global artificial intelligence landscape. While many Nigerians are beginning to understand AI's implications, key decisions about its future may already be made. The article emphasizes that Nigeria, its technology companies, AI startups, universities, researchers, and policymakers must actively engage in the global debate on building, controlling, governing, and benefiting from AI. The World Artificial Intelligence Conference in Shanghai, which featured extensive discussions on AI governance, industrial applications, and talent recruitment, serves as an example of the global momentum. Nigeria has previously been slow to adopt new technologies, such as the personal computer and internet revolutions, but has also demonstrated its capacity for innovation. The current challenge is to convert this entrepreneurial energy into leadership in AI. The Federal Ministry of Communications, Innovation and Digital Economy, under Dr. Bosun Tijani, has initiated steps, including unveiling a National AI Trust and participating in the AI for Good Global Commission. However, the article stresses that a national sense of urgency is required, extending beyond this ministry to include the Ministry of Education and the Minister of Innovation, Science and Technology, to develop a coordinated strategy encompassing education, research, industry, infrastructure, regulation, and investment. It questions whether Nigeria is preparing its
Must ReadOando Energy Resources, a subsidiary of Oando Plc, plans to generate electricity from abandoned oil wells through a pilot geothermal-style power project. This initiative aims to expand Nigeria鈥檚 clean energy capacity and support the country鈥檚 gas-to-power agenda. The company disclosed this during a visit by its management to the Minister of Power, Joseph Tegbe. Dr. Ainojie Irune, Managing Director of Oando Energy Resources, stated that the pilot project would repurpose abandoned oil wells across the Oando Joint Venture to produce geothermal-style electricity. He described this as an innovative, homegrown solution to transform Nigeria鈥檚 energy sector and improve electricity access. The project is part of Oando鈥檚 clean energy strategy, executed through Oando Clean Energy, which explores combining gas, solar, wind, and hydro resources for reliable and affordable electricity in Africa. Oando鈥檚 operations already support power generation through the 480-megawatt Okpai Independent Power Plant, which contributes to the national grid, supplying electricity to about 50 million Nigerians and accounting for approximately 15 percent of the nation鈥檚 power supply. Irune emphasized that the company's investment portfolio increasingly focuses on gas, which he considers critical for Nigeria鈥檚 economic recovery and industrial development. Minister Tegbe welcomed Oando鈥檚 engagement and reaffirmed the Federal Government鈥檚 commitment to strengthening gas-to-power delivery as a key pillar of Niger