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Of Abuja Investment Company,Tamuno,Wike And Tinubu’s “Renewed Hope Agenda”

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BY

BOLAJI AFOLABI

Established in 1994 by the military administration of late General Sani Abacha, the Abuja Investments Company Limited, (AICL) is positioned as a government-owned investment enterprise charged with the responsibility to drive economic development in the federal capital territory. Its primary goal is to promote strategic investment and boost realistic economic growth of the FCT through different platforms and various approaches. Key functions of the AICL include Business Development; Investment and Development; Public-Private Partnership; Facility Management; and Infrastructure Development. The AICL has several subsidiaries and associates including Abuja Property Development Company, (APDC); Abuja Markets Management Limited, (AMML); Abuja Urban Mass Transport Company, (AUMTCO); Abuja Technology Village Free Zone; Abuja Film Village International Limited; PowerNoth/AICL Equipment Leasing Company. Others include Aso Savings and Loans PLC; Abuja Power Company Limited; Abuja Leasing Company; and Abuja Downtown Mall.

From 1994 till the exit of the military from national governance in 1999, the AICL recorded few achievements. During this period, the AUMTCO, and Aso Savings and Loans were established. With the dawn of democratic government in 1999, it was expected that the FCT, being an emerging federal capital will benefit hugely from the activities of the AICL. However, nothing much was achieved between 1999 and 2003. Somehow, Mallam Nasir El-Rufai, who administered the FCT from July 2003 to July 2007, was able to change the tide. Under his watch, the AICL came alive, recorded some measure of visibility and attracted positive public perception. Sadly, the AICL took a downward slide thereafter. None of the past ministers; Aliyu Modibbo Umar, Adamu Aliero, Bala Mohammed, and Muhammed Musa Bello provided the necessary political will and support for the AICL to maximally attain full potential. Indeed, it got worse between 2015 and May 2023 that many residents forgot that the company was still existing.

Many critical stakeholders were worried about the depth of neglect, static state, and institutional damage that the AICL was subjected to. Patterned after similar agencies in some developing nations, where measurable strides are achieved, the reverse happened with the AICL, that it became recurring causes of worries, and regrets to many people. Alhaji Aminu Mohammed, a former staff member of FCTA said, “it was shameful that the company remained largely dormant for many years.” Corroborating, Mr. Gilbert Gyang, an Abuja based investment expert declared, “the AICL, especially during the last administration was arguably comatose. It merely existed on paper, there was no visible investment initiative geared towards economic growth in the federal capital.” For Ms. Winifred Anosike, former banker, and development consultant, “it’s painful that the company was practically inactive for years. It was not only affecting economic growth in Abuja but impacted negatively on people and firms with result-driven initiatives who desired to contribute actively to the development of the capital city.”

With the emergence and subsequent inauguration of President Bola Tinubu on May 29, 2023, key players in the investment sector were hopeful that, the AICL may breathe again. Many hinged their thoughts on Tinubu’s background and experiences in accounting, financing, investment, governance, and leadership. Though with caveats; the choice of who minister’s FCT will be pivotal. Convinced that the AICL should be the “engine room” of economic growth and development of the capital city, many hoped that Tinubu will deploy the appropriate person to oversee the strategic ministry. Some stakeholders concluded that a wrong choice may consign the AICL into the “wilderness of inactivity” and likely extinction. Somehow, key players in the investment sector, at different fora and platforms were upbeat that Tinubu will pick the right person, who they hope will lead the way towards enabling the AICL to get back its mojo.

In August 2023, the deployment of Barrister Nyesom Ezenwo Wike as the Minister of the FCT; the 8th since Nigeria’s return to democratic government elicited public endorsement. Tinubu’s choice was largely celebrated by many stakeholders, as it renewed optimism about the prospects of AICL reviving its activities. Cognisant of Wike’s legendary achievements, as Rivers state Governor where he embarked on massive infrastructure development and more, turning the “Treasure Base” to the central investment hub in the South South zone, and emerging as second to Lagos state, many were confident that “light will come” to the AICL. A similar spate of enthusiasm and expectations was prevalent in and around the AICL. Many of the staff members also shared the positions.

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The atmosphere at the Garki District offices of AICL on April 7, 2024 was ecstatic when news filtered in that Wike had appointed Dr. Maureen Tamuno as the Group Managing Director. A few hours later, it turned to frenzy after goggle checks were done by some staff members to have glimpses of her profile. Impressed, and satisfied with her multi-disciplinary academic background, and multi-faceted careers, her appointment was described as well-thought, and well-deserving. The unanimity of opinion was that, being a round peg in a round hole, the AICL will leverage on her far-reaching experiences and exposures as a former lawmaker, seasoned diplomat, public administrator, and boardroom strategist.

Aware and ready for the challenges ahead, many staff members were visibly excited when Tamuno assumed office the following day. Thus emerging as the first female chief executive of the AICL, since its 30 years of existence. Described as an accomplished technocrat with identifiable achievements in leadership, strategy, diplomacy, administration, and consulting, Tamuno, in her maiden speech confirmed the postulations of staff members. She emphasized her, “commitment to open-door policy to all staff, urging everyone to operate at the highest standard of transparency, confidentiality, accountability, and ethical business practices.” Continuing, she assured staff members that her, “strategic approach and consumer-centric philosophy are expected to propel the AICL to new heights of success.”

 

From reports, challenged by the enormity of the task ahead, conscious of the hugely untapped potential of the AICL, buoyed by the political support of Wike, and encouraged by the passion of the staff members, Tamuno literally hit the ground running. As a globally-recognized business development, management, and investment professional, she approached her assignment with iron-cast resolve, and the precision of a surgeon. First off, she embarked on critical reviews and overview of the AICL trajectory from inception; identified germane issues; evolved strategies for re-positioning the company; enunciated quick-wins, short-term, medium-term, and long-term measures for development, and some others. All these were geared towards delivering (or surpassing) the Ministerial mandate, and also ensuring that the AICL contributes its quota to Tinubu’s “Renewed Hope” agenda.

Indeed, it is imperative to note that the AICL, under the superintendent of Tamuno has literally drawn water out of rocks; which before now was largely unthinkable. That the soft-spoken and resourceful amazon; and her team were able to make noticeable impact within just one year, speaks volumes about her ingenuity, and indomitable spirit. In a broad sense, these achievements include encouraging economic diversification; expanding investment opportunities; exploring business and investment exchanges; deepening subsidiaries collaboration; and fostering diplomatic relationships.

In practical terms, the AICL, through some landmark initiatives has provided the platform for the promotion of trade and commerce, as well as economic growth and sustainable investment in the FCT. It is imperative to recall some of these laudable and trail-blazing projects. A few days back, the solar powered Farmers Market in Utako District and Kugbo International Market were commissioned by the FCT Minister of State, Dr. Mariya Mahmud. Speaking at the epoch making events, Mahmud eulogized Tamuno for completing the first-of-its-kind projects which, “would provide employment opportunities for a wide range of people in line with the “Renewed Hope” agenda.” While explaining that the projects are under the Public Private Partnership initiative of the AICL, Tamuno promised that, “under the Build Operate and Transfer (BOT) arrangement, the government will combine with the private sector to create profitable and sustainable public infrastructure. We identified Small and Medium Enterprises, (SMEs) as the backbone of any prosperous economy, because they create jobs that drive sustainable economic growth.” To underscore AICL’s commitment towards encouraging the informal sector, shops were gifted to some hardworking traders from all the six Area Councils of the FCT.

In October 2024, the AICL organized a two-day Abuja Business and Investment Summit with the theme: “Optimizing Investments Through Partnership.” The event, geared towards promoting investment opportunities in the FCT, was attended by major stakeholders in finance, investment, manufacturing, and other sectors. Participants opened new alliances, partnerships, and collaborations for new opportunities and innovations that will lead to micro and macro development. Tamuno, who by the way was one-time Nigeria’s Ambassador to Jamaica is leveraging on her diplomatic credentials and network to re-position the AICL. She is regularly engaging, and exploring investment opportunities with foreign countries through their diplomats in Nigeria. Through her participation at the maiden Nigeria-Kazakhstan Business Conference which was held in Abuja, in 2024, there are advanced plans for the establishment of city-to-city flights between both countries, as well as collaborations in agriculture, education, technology, logistics, and more.

Agreed, the journey is somewhat far but the AICL, under the new chief executive has shown unbridled commitment, and unflinching fervor in elevating the status, and relevance of the company towards engendering meaningful growth and development of the FCT. Tamuno has shown relentless drive and boundless energies towards justifying the confidence reposed in her by Wike. Posting an encouraging report-card in one year deserves commendations and encouragement. Mr. Olugbenga Okanlawon, an Abuja based public affairs analyst declared that, “she has shown that she is the right person for the job. Considering what the AICL has achieved in one year, it is clear that more grounds will be covered in terms of growth and development.” A frequent caller to the AICL who preferred anonymity said, “the GMD has brought a new lease of life to the place, and everybody has imbibed her can-do-it spirit with much pride, and belief.”

 

BOLAJI AFOLABI, a Development Communications specialist was with the Office of Public Affairs, The Presidency, Abuja.

Opinion

Kano Governor Yusuf Shortlisted for Africa’s SANKOFA Award of Excellence in Infrastructural Development

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By Abba Anwar

Kano State Governor Abba Kabir Yusuf makes a list of potential Awardees across West African sub-region, observed and screened by an African association named Réseau des Jeunes du Sahel pour le Progrès, le Développement et la Démocratie (Network of Sahel Youth for Progress, Development and Democracy), on infrastructural development in their respective states.

The top most Award from the association, called Sankofa Award of Excellence across various sectors, is given to people or leaders who excel in their respective areas of work or responsibilities.

With the recent disclosure made by the Commissioner of Public Procurement, Projects Monitoring and Evaluation, Nura Ma’aji Sumaila, on the state of infrastructural development and payments of contracts in the state, the association included Kano to be part of the states across Nigeria and West African countries, screened for an Award of Excellence.

Source close to the association reveals that, Governor Yusuf’s achievements in the area of infrastructural development, could not be neglected and the Governor stands a better position to be seen and amplified across the globe. As a result of his commitment and service to humanity.

Parts of the major reasons that informed the association’s decision to include Governor Yusuf for Sankofa Award of Excellence for Infrastructural Development in West Africa is his genuine inclusion of infrastructures that are human centred, modern, location specified and standardization process and procedures.

According to the source, the Screening Committee saddled with the responsibility of selecting qualified personalities across West Africa are in their final stage of releasing the result. Assuring that, under infrastructural development, Kano excels. Though not officially announced.

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When Governor Yusuf gets this Award, he will be the second person from Nigeria who bags the Award. Last year the Deputy Senate President Barau I Jibrin, PhD, CFR, got the SANKOFA Award for Legislative Excellence in Africa. Coincidentally, Governor Yusuf who is also from Kano state, would be the second Nigerian in this category.

The President of the association Mr Fassoko Doumbia, from Mali, confirmed to my source that, from all indication, “Kano State Governor, from Nigeria, Mr Abba Kabir Yusuf is in the forefront of those screened for the Award.”

With this recognition of excellence, the Award places Governor Yusuf to be one of the best Nigerian governors. And the best across West Africa on infrastructural development. One good thing about the Award is, it will as well serve as an engine oil for state commitment and unwavering service delivery.

Mr Doumbia reveals further that “… it is amazing looking at the unmatched number of completed and ongoing projects as Kano has 799 completed projects and 709 projects at various stages of completion. It is encouraging to see that Governor Yusuf is executing over 1,508 developmental projects across all 44 LGAs.”

What keeps hope and commitment alive are the transparent monitoring, evaluation and effective payment to contractors. Of which out of N928 Billion of the total contract sum, the state has already paid over N600 Billion, that’s 64.7% payment rate.
Unlike in many states in Nigeria and West Africa. The association believes that Kano institutionalized transparency through the Ministry of Public Procurement, Projects Monitoring and Evaluation.

The screening committee appreciated Kano’s strategic and balanced infrastructure spread, between urban and rural areas plus improved security. For urban renewal it has the sum of N169 Billion. While there are 5km roads in 38 LGAs with the sum of N118 Billion. They appreciated the rural infrastructure across 44 LGAs with the sum of N397 Billion for roads, education, healthcare, and social services.

While under security infrastructure the total sum of N6.863 Billion for Neighborhood Security Watch offices in 36 LGAs. This assured deliberate, balanced development with value for money, quality delivery, and measurable impact on the lives of the people. All courtesy Governor Yusuf.

It serves also as indices of how Governor Yusuf makes the list for such Award, that his infrastructures are signals for the delivery of landmark, human-centered projects as Kano completed tangible projects that directly improve lives of the citizenry, with 40 metropolitan roads, 44 PHCs, 120 schools, 5 water plants, with the ongoing Dan Agundi and Tal’udu flyovers at over 80% completion.

It has also been discovered that, Kano enjoys proven technical leadership and political will. Which glaringly displays the political will and technical competence required to drive massive infrastructure without corruption or delays. This is part of the major engagements being identified, which eventually resulted into the popular Sankofa Award of Excellence.

Anwar writes from Kano
Saturday, 25th July, 2026

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Opinion

Beyond the Numbers: What the Ekiti 2026 Governorship Results Reveal About Coalition Politics and Path to 2027

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By Abass Sherifat Taiwo

Returning Officer Adenike Oladiji, a professor and Vice-Chancellor of the Federal University of Technology, announced the results in the early hours of Sunday, at roughly 3:13 a.m. Incumbent Governor Biodun Oyebanji of the APC won comfortably, polling 319,224 votes across the state’s 16 local government areas. His closest challenger, the PDP’s Oluwole Oluyede, trailed far behind with 40,543 votes, while the ADC’s Dare Bejide came in third with 12,872 votes.

Of the 384,940 voters accredited for the election, 375,777 cast valid votes, a validity rate of about 97.6%, suggesting relatively few spoiled or rejected ballots.

Oyebanji’s win carries added weight as the first consecutive re-election in Ekiti’s history, a state known for unseating incumbents since 1999. His dominance was also total: he won all sixteen LGAs, and even his closest contest, in Ikere, was still a comfortable margin. His five strongest councils alone delivered nearly half his statewide votes, showing concentrated rather than thin support.

Elite alignment mattered too. For the first time, every living former Ekiti governor backed his re-election, leaving the opposition without any prominent defectors to rally behind. This unified backing functioned as a coordinated endorsement strategy, a visible signal of consensus that opposition parties had no comparable message to counter.

Between the opposition parties, PDP’s showing is more telling than ADC’s. ADC placing third as a newer platform isn’t surprising, but PDP, a long-established national party, barely crossed 3,000 votes in most councils, pointing to weak grassroots structure rather than just a bad cycle. The deeper question is whether this reflects a structural failure or a failure to sustain visibility and message presence at the ward level between election cycles.

Party | Votes | % of Valid Votes
APC | 319,224 | 84.95%
PDP | 40,543 | 10.79%
ADC | 12,872 | 3.43%
ADP | ~1,289 | 0.34%
Accord | 564 | 0.15%
LP | ~263 | 0.07%
AAC | ~188 | 0.05%

When the vote totals of every opposition party are combined, they amount to roughly 55,719 votes, or about 14.83% of all valid votes cast, a stark contrast to the APC’s dominant 84.95% share on its own. Even in a hypothetical scenario where every opposition party ran on a single, fully united ticket, their combined total would still fall short of the APC’s by approximately 263,505 votes. This gap illustrates just how commanding Oyebanji’s victory was: it was not simply a matter of a divided opposition splitting votes among several parties, but a result that would have withstood even total opposition unity.

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Following the Ekiti result, APC framed it as proof of growing national support ahead of 2027, pointing to the rise in its vote totals in the state from about 187,000 in 2022 to roughly 318,000 in 2026, and projecting even higher numbers for Tinubu in 2027. Opposition parties, including the ADC and SDP, pushed back, arguing that Ekiti’s off-cycle, low-turnout nature makes it a poor predictor of a national contest.

Both claims need scrutiny. APC’s growth trend is real, but it happened in a state the party already governs, where incumbency and federal attention worked in its favour, so it says more about consolidating an existing stronghold than expanding into contested territory. The opposition’s caution is fair, but understates that APC’s structural advantages, incumbency and federal resources, aren’t unique to Ekiti and could repeat elsewhere. The more accurate takeaway is that Ekiti confirms APC’s strength where it already holds power, without proving it can replicate that in genuinely competitive states by 2027.

ADC’s third-place finish in Ekiti, just 3.43% of the vote, looks unremarkable on its own, but it only makes sense next to the party’s national story. A year earlier, ADC had positioned itself as the face of a new opposition coalition, pulling in heavyweight names like Atiku Abubakar and Peter Obi with the promise of a unified front against the APC. That promise hasn’t held: Obi and Kwankwaso have since defected to a rival platform, the NDC, while ADC battles leadership disputes and court cases that put its own 2027 participation in doubt.

That is the real lesson here for coalition politics as a communication problem, not just a structural one. ADC did not fail for lack of big names, it had plenty. What it could not do was hold one coherent message together once multiple egos and regional bases began pulling in different directions. Whether it can still become the platform it promised by 2027 is uncertain, but Ekiti is an early sign of a bigger unraveling.

Beyond Ekiti, the result speaks to a deeper pattern in Nigerian opposition politics: alliances are far easier to announce than to sustain. This suggests APC’s greatest advantage going into the next general election may not be its own performance, but the opposition’s continued inability to stay united. The near-total validity rate and one-sided outcome in Ekiti also raise questions about how genuinely competitive Nigeria’s state elections currently are, and whether low-turnout, off-cycle polls like this one can reliably signal national voter sentiment.

The Ekiti result is less a story about Oyebanji’s popularity alone than about the opposition’s structural fragility. Even a fully united opposition ticket would not have closed the gap, which means the problem isn’t vote-splitting, it’s organisational weakness, unstable coalitions, and the absence of a party capable of matching APC’s machinery and incumbency advantages. What Nigeria’s opposition needs before 2027 isn’t just structural unity, but a coherent, disciplined communication strategy capable of sustaining one message across factions, something no coalition has yet demonstrated. Until Nigeria’s opposition can build a coalition that survives contact with real electoral pressure, results like Ekiti’s are likely to repeat themselves in APC strongholds heading into 2027.

By Abass Sherifat Taiwo
Department of Development and Strategic communication University of Abuja
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Opinion

Governor Abba Kabir Yusuf Has Earned a Vote of Confidence on Education

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By Hon. Muhammad Sanusi S. Kiru, FCIA
(Former Commissioner of Education, Kano State)

There comes a time in public discourse when fairness must prevail over partisanship and facts must take precedence over preconceived opinions. That moment has come in my assessment of the educational reforms being implemented by the administration of His Excellency, Governor Abba Kabir Yusuf.

As a former Commissioner of Education and someone who has consistently evaluated government performance with candour, I owe the people of Kano State an honest appraisal of the Governor’s performance in the education sector. After objectively reviewing the administration’s interventions from 2024 to 2026, particularly its determined efforts to address the acute shortage of teachers, I have reached an inescapable conclusion: Governor Abba Kabir Yusuf deserves a vote of confidence for his outstanding commitment to the development of education in Kano State.

One of the greatest challenges confronting our educational system has been the persistent shortage of teachers, resulting in unfavourable teacher-pupil and teacher-student ratios across many public schools. This problem has adversely affected the quality of teaching and learning for many years.

The present administration has confronted this challenge with courage and determination. Between 2024 and 2026, the government recruited or absorbed 8,715 permanent teachers and engaged 3,688 temporary BESDA Cohort V teachers, bringing the documented total to 12,403 education personnel. With recruitments by other education agencies, the overall figure is widely estimated at approximately 13,000 teachers.

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This represents one of the largest teacher recruitment exercises in the history of Kano State. More importantly, it is a strategic investment in the future of our children and in the long-term development of the state. By substantially reducing the teacher deficit, the administration has strengthened both the basic and post-basic education subsectors and created a stronger foundation for improved educational outcomes. The new recruitment not only means making our classrooms more vibrant and ensuring that teaching is consistently taking place, but it also signifies a positive shift in the narrative reflected in monitoring reports, the annual school census, and national personnel data.

Looking at the tangible achievements now before us, particularly in education, it is clear that the administration has made significant and commendable progress. Leadership should always be judged by measurable accomplishments, and in this regard, the Governor has acquitted himself admirably.

One area where the administration must, however, improve is public communication. Many of its remarkable achievements have not received the publicity they deserve. A well-coordinated and effective publicity strategy would ensure that citizens fully appreciate the scope and impact of these landmark interventions.

As His Excellency prepares to personally attend the special ceremony for the presentation of appointment letters to the newly employed teachers on Tuesday, 21st July 2026, I consider it appropriate to congratulate him on this historic milestone. The ceremony is more than a presentation of appointment letters; it is a celebration of renewed hope for thousands of families, a reaffirmation of government’s commitment to quality education, and a significant step towards building a stronger educational system for future generations.

I wish His Excellency a successful and hitch-free ceremony and pray that Almighty Allah grants him wisdom, good health, and continued strength to sustain the ongoing transformation of the education sector. May this programme mark the beginning of even greater achievements in the quest to provide every child in Kano State with access to quality education delivered by competent and dedicated teachers.

Governor Abba Kabir Yusuf deserves sincere commendation for these giant strides. If this policy of continuous recruitment and investment in teachers is sustained, it will undoubtedly be remembered as one of the defining legacies of his administration. Future generations will look back on this period as a turning point in the educational history of Kano State.

I therefore extend my heartfelt congratulations to His Excellency and offer him a well-deserved vote of confidence. I also wish him every success as he formally presents appointment letters to these newly recruited teachers on Tuesday. May the occasion be memorable, successful, and another milestone in the march towards educational excellence in Kano State.

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