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Nigeria Ranks Lower Than Rwanda In Innovation-Sanusi

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Former Central Bank (CBN) Governor and immediate past Emir of Kano, Muhammad Sanusi II, on Friday said the Nigerian economy is about to collapse totally as he warned that oil which he described in parable as the goose laying the ‘golden egg’ for the country is about to die.

Sanusi who spoke at the closing of the Kaduna Investment Summit, tagged KadInvest 6.0 said aside the fact that Nigeria is having difficulties in oil production, the product is now being rejected in the global market, as there is no longer a future in carbon.

The former CBN governor who pointed out that the future lies in knowledge based economy, which is the theme of the summit, however lamented that Nigeria is behind many African countries in innovation index and ranking 114th globally.

He lamented that while Ghana with a smaller economy invests more in education, Nigeria spends only seven percent of its budget in that direction, saying that, only eight of every 100 Nigerians who start primary school, complete university education.

According to him, “globally, work is being redefined. 30 to 40 per cent of workers in developed economies will need to significantly upgrade their skills by 2030. And what are the major drivers of this redefinition? ICT and remote working, which we have seen even here with COVID. There is increased automation and artificial intelligence. Very soon, robots will take over work in most countries and those who would have jobs are those who operate the robots or manufacture the robots or service the robots.

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“And you have decarbonisation. For us in Nigeria, the enclave economy that we have, the so-called goose that lays the golden egg is about to die. There will be no eggs. The future is not in the carbons.

“A few months ago, Germany was able to produce enough renewable energy for the entire country’s needs. Today, we are having difficulties selling Nigerian oil. So, not only are we having problems to produce, even when we produce, the market is not there.

“So, this is forcing a change, and for us as a country that depends on oil, things need to change.

“Nigeria is ranked 114th in the global innovation index. We are lower than other African countries such as Kenya, Rwanda and Senegal. We are in fact ranked 14th in sub-Saharan Africa. I think we should have this reality check and know where we are as a country. Let’s stop calling ourselves the giant of Africa, because we are the giant with clay feet.

“Countries like Kenya, Rwanda and Senegal are ahead of us. I am not even talking about South Africa. Our expenditure on education is only seven per cent of the budget. We are spending less on education than Ghana; I am not talking about as per percentage of the budget; in absolute terms, even though the Ghanaian economy is much smaller than the Nigerian economy, even though the Ghanaian government revenue is less than Nigeria’s revenue, Ghana is spending more on education than Nigeria.

“And we are surprised that industries are moving to Ghana. We are surprised that the Ghanaian president has become the leading President in Africa? We are not investing in education and human capital.

“We have a 68 per cent missing job requirement and the major areas being IT, communication and decision making. And the completion rate between entry into primary one and completing university is eight per cent, meaning that out of every 100 pupils who go into primary school, only eight come out of university. And out of those eight, nine percent, which is one of the eight, will get a job.

“So, this is the reality in addition to what is happening globally. Now, digitization to level the playing field is required if we are deliberate and we shift from consumption to value creation. But, part of our problem is that even when we have the solution at our feet, we do not take it,” he said.

Meanwhile, the Kaduna State government said it will be introducing ICT skills in vocational institute and also in primary and secondary schools across the state.

Governor Nasir El-Rufai in an interview at the summit said his administration believes that the future of jobs in the world today will be digital. “So everyone needs digital skills and we intend to provide that and we have an agreement with IHS to cover Kaduna with 3g and 4g network so that everyone will have access to the internet,” he said

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Governor Dauda Lawal Defects to APC After Stakeholder Consultations

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The Zamfara State Government has announced that Governor Dauda Lawal has formally defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC), following what officials described as “extensive consultations with stakeholders, political leaders, elders, and supporters across the state.” This was contained in a statement signed by Nuhu Salihu Anka, Director General, Media and Communication, Office of the Governor.

According to the statement, Governor Lawal’s decision was driven by the overriding interest of stability, progress, and sustainable development in Zamfara State. “After careful consideration, His Excellency has decided to formally defect to the APC,” Anka said, noting that the move followed prolonged internal crises within the PDP at both national and state levels.

The government explained that unresolved leadership disagreements and structural challenges in the PDP had created uncertainty and distractions that threatened effective governance. “These challenges have continued to hinder the delivery of democratic dividends to the people of Zamfara State,” the statement emphasized.

Governor Lawal reiterated that his primary responsibility remains the peace, security, and development of Zamfara State. “It became necessary to align with a political platform that provides greater unity, stability, and stronger cooperation with the Federal Government,” Anka quoted the governor as saying.

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The statement further revealed that the final deliberation leading to the defection was held at the Government House in Gusau, under the coordination of the Deputy Governor, alongside senior government officials and key political stakeholders. “This was a collective decision reached after wide consultations,” Anka explained.

Governor Lawal expressed appreciation to PDP members and supporters for their cooperation over the years. However, he noted that the prevailing political realities and unresolved crises within the party made it necessary to take what he described as “a bold step in the interest of good governance and the future of Zamfara State.”

By joining the APC, the governor reaffirmed his commitment to strengthening unity, improving security, accelerating development, and ensuring that Zamfara State benefits fully from stronger collaboration with the Federal Government. “This is a new political phase aimed at promoting unity, stability, and development,” Anka stated.

The government therefore called on citizens, political leaders, party supporters, and stakeholders to remain calm and supportive. “We urge everyone to embrace this transition peacefully as Zamfara enters a new chapter of political cooperation and progress,”

 

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Petrol Price Surge to Deepen Cost-of-Living Crisis as Dangote Refinery Hikes Rates Again

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By Yusuf Danjuma Yunusa

The financial burden on Nigerian consumers is set to intensify following a sharp increase in petrol prices by the Dangote Petroleum Refinery, marking the third adjustment in less than a week.

Effective Monday, the refinery raised the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦1,175 per litre. This represents a significant jump of ₦180, or approximately 18.1%, from the ₦995 per litre price announced just last Friday. In a parallel move, the gantry price of Automotive Gas Oil (diesel) was also revised upward to ₦1,620 per litre.

Confirming the development to our correspondent, a senior official at the refinery, who spoke on condition of anonymity due to restrictions on public commentary, stated that the changes have been formally communicated to marketers and depot operators.

“Yes, the gantry prices have been adjusted. PMS is now ₦1,175 per litre while Automotive Gas Oil is ₦1,620 per litre,” the official said. “The market has been extremely volatile, and replacement costs have shifted significantly in recent days. These adjustments reflect prevailing market fundamentals and the cost environment we are currently operating in.”

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Data from the industry pricing platform, petroleumprice.ng, confirmed that the revised rates have been integrated into depot pricing systems nationwide, effectively resetting the benchmark for downstream marketers.

This latest surge—which has seen gantry prices climb from ₦774 to over ₦1,175 in a matter of days—is already translating to higher costs at the pump. Retail outlets in several states are now selling petrol for approximately ₦1,200 per litre, adding another layer of economic strain on households and businesses.

The increase is expected to trigger a fresh wave of price adjustments across the country. Higher fuel costs invariably lead to increased expenses for transportation, logistics, and production, costs that are typically passed on to consumers. This dynamic threatens to exacerbate Nigeria’s already high cost of living.

The price hikes underscore the challenges facing the Federal Government’s efforts to stabilize the downstream sector. Through the Nigerian National Petroleum Company (NNPC) Limited, the government has been working to secure crude oil supply for the Dangote refinery via third-party international traders in a bid to sustain local refining and, ultimately, moderate prices.

However, officials caution that these interventions may not yield immediate relief for consumers. As the 650,000-barrel-per-day Lekki-based refinery adjusts its prices in response to volatile market realities, Nigerians are left grappling with the immediate consequences of a deregulated market where pump prices are increasingly subject to global and local market forces.

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ADVERT:KANO STATE PRIMARY HEALTH CARE MANAGEMENT BOARD IMMUNIZATION PLUS AND MALARIA PROGRESS BY ACCELERATING COVERAGE AND TRANSFORMING SERVICES (IMPACT PROJECT)

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KANO STATE PRIMARY HEALTH CARE MANAGEMENT BOARD
IMMUNIZATION PLUS AND MALARIA PROGRESS BY ACCELERATING COVERAGE AND TRANSFORMING SERVICES (IMPACT PROJECT)

CREDIT NO. IDA-65390

Request for Bids – Goods

Procurement of 44 Nos. Ultrasound Scan Machines for 44 Secondary Facilities in Kano State.

NG-KANO MPA-536529-GO-RFB

Date of Issue: March 9, 2026

1. The Kano State Government through the Government of the Federal Republic of Nigeria has received a credit from the International Development Association toward the cost of the Immunization Plus and Malaria Progress by Accelerating Coverage and Transforming Services (IMPACT), Project and intends to apply part of the proceeds of this credit to payments under the Contract for the Procurement of 44 Nos. Ultrasound Scan Machines for 44 Secondary Facilities in Kano State.

2. The Kano State Immunization Plus and Malaria Progress by Accelerating Coverage and Transforming Services (IMPACT), Project now invites sealed bids from eligible and qualified bidders for the Procurement of the following:

Item No.
Description / Identification of Items
Qty
Bid Security
Delivery Period
Location(s)

 

Procurement of 44 Nos. Ultrasound Scan Machines for 44 Secondary Facilities in Kano State.

NG-KANO MPA-536529-GO-RFB
44
₦19,700,000.00
90 days
Immunization Plus and Malaria Progress by Accelerating Coverage and Transforming Services (IMPACT), Project, State PIU Office, Na’ibawa Zaria Road, Opposite Gidan Fiat, Kano State

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Bidding Procedures
3. Bidding will be conducted through National Competitive Bidding using Request for Bids (RfB) as specified in the World Bank’s “Procurement Regulations for IPF Borrowers” Procurement in Investment Projects Financing” November 2020 (“Procurement Regulations”) available on www.worldbank.org/procure and is open to all Bidders as defined in the Procurement Regulations. In addition, please refers to paragraphs 3.14 to 3.17 in the “Procurement Regulation” on the conflict of interest.

Invitation
4. Interested and eligible bidders may obtain further information from the State Project Manager, Kano State IMPACT Project, and inspect/obtain the bidding documents at the address below, between 9.00 am to 4.00 pm Mondays to Fridays, except on public holidays.

5. Qualifications requirements include:

The Bidder should demonstrate that it has successfully completed the supply/installation of a minimum of 30 (Thirty) Ultrasound Scan Machine within the last 5 (five) years.”
Audited financial statements for the last three (3) years, to demonstrate the financial capability of the Bidder in terms of Profitability and adequate working capital,
Registration with Professional organizations/Licenses to sell Medical Equipment in Nigeria.
Company Registration,
Certified Manufacturers Authorization,
Evidence of after-sales services in Nigeria

A margin of preference for eligible national contractors shall not apply; Additional details are provided in the Bidding Documents.

6. A complete set of Bidding Documents in English may be purchased by interested bidders on the submission of a written Application to the address below and upon payment of a non-refundable fee of ₦ 100,000.00 (One Hundred Thousand Naira only). The payment method will be a Bank Draft in favour of the Kano State IMPACT Project. The Bidding Documents will be collected by the representative of the Bidder or by courier services on request, which shall be at the bidder’s cost.

7. Bids must be delivered to the address below at 11:00 am local time on Wednesday, April 15, 2026. Electronic bid submissions will not be accepted; Late bids will be rejected. Bids will be opened in the presence of the bidders’ representatives, who choose to attend in person at the address below 11:00 am local time on Wednesday, April 15, 2026. All bids must be accompanied by a Bid Security of ₦19,700,000.00 in local currency or an equivalent amount in a freely convertible currency.

8. The address referred to above is:

The State Project Manager,
State Project Implementation Unit (SPIU),
Kano State Immunization Plus and Malaria Progress by Accelerating Coverage and Transforming Services (IMPACT), Project,
Address: Na’ibawa Zaria Road, Opposite Gidan Fiat, P.M.B 3295, Kano State.
Telephone: +234 803 530 7255 / +234 806 558 1226
Email address: piukanoimpactproject@gmail.com

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