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Preside Tinubu Calls For Stronger Partnerships In Manufacturing Sector

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President Bola Tinubu says Nigeria’s investment climate has been bolstered by critical new reforms, with an array of opportunities across sectors for investors.

Speaking during the presentation of a letter of credence by the Ambassador of the Republic of Korea to Nigeria, Vice-Admiral Kim Pan Kyu, at the State House, on Friday, the President said Nigeria is a huge market for Korean products, particularly for Korean goods manufactured and produced in Nigeria, while emphasizing that Nigerian goods will be of great benefit to the Korean market.

Highlighting the favourable economic outlook of the country, President Tinubu invited more South Korean companies to leverage these opportunities by establishing production bases in Nigeria.

”I am glad that you have a very good knowledge of Nigeria and appreciate the role of our country in Africa. Our doors are open for economic opportunities and trade, and I acknowledge that several South Korean companies and products are firmly entrenched in the Nigerian market.

”Nigerians appreciate South Korean technology, and Nigerian products can also be beneficial to South Korean markets. You need to bring more of your companies and manufacturing plants here. We have everything your industries require to excel as we progress over the near-term. We can partner on skill development and the systematic transfer of knowledge to further empower our country’s innovative youth population.

”We have investment opportunities in the solid mineral sector and other areas, and cooperation in these areas will strengthen our bilateral relations,” the President said.

Recounting his fruitful discussions with President Yoon Suk Yeol during the G20 Summit, in New Delhi, in 2023, and their mutual commitment to strengthen cooperation, President Tinubu pledged to build on the outcome of that meeting to further expand bilateral ties.

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He welcomed an invitation from President Yoon to attend the first-ever South Korea-Africa Summit from June 4 to June 5, 2024, in Seoul, South Korea, and directed Nigeria’s Ministry of Foreign Affairs to keep him abreast of the matter.

Ambassador Kim underscored President Tinubu’s pivotal role as the Chairman of ECOWAS Authority of Heads of State and Government and leader of Africa’s largest economy, population, and democracy.

He noted the importance of Nigeria’s participation at the highest level at the Summit to enhance bilateral relations while also creating a future of prosperity for Africa and Korea as genuine partners in progress.

”Your Excellency’s visit to South Korea for the Summit will provide an excellent opportunity to strengthen the relations between the two nations,” the Ambassador said after reading a formal invitation from President Yoon.

Earlier, President Tinubu also received letters of credence from Ambassador Antit Mohsen of Tunisia and High Commissioner Muhali Imbuwa of Zambia.

At the separate events, the President emphasized the need to strengthen African unity and brotherhood that not only creates economic opportunities but also works toward eliminating conflicts across the continent.

Speaking with the High Commissioner of Zambia, the President said African unity and cooperation are important if the continent must overcome perennial conflict.

”We are ready to explore more areas of cooperation that promote African brotherhood and ensure sustainable growth across different sectors and provide economic opportunities for our citizens.

”Our doors are open, and do not hesitate to bring any challenges you may have in the course of your duty to the Ministry of Foreign Affairs,” the President told the Zambian High Commissioner.

In his audience with the Tunisian Ambassador, the President affirmed Nigeria’s willingness to deepen partnership with North African countries toward achieving continental prosperity for all African people.

He declared that Nigeria is open for business like never before and that the international community is taking notice, while investor confidence in the country is returning.

He thanked the Ambassador for acknowledging the progress in the country in the last eleven months of his administration, promising that his government will continue to ensure a memorable and rewarding stay for representatives of foreign governments.

The Tunisian Ambassador said his government welcomes the new vibrancy and determination the President has brought into national leadership since his inauguration on May 29, 2023.

”We welcome the economic reforms and the enhancement of national security in Nigeria under your leadership.

”Because of what we have seen, we are emboldened to collaborate on a new level, particularly in the areas of trade, economy, and defence,” the Tunisian Ambassador said.

 

 

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Emir Sanusi Woos Foreign Investors, assures opportunities, profit margin in Nigeria

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Emir of Kano, His Highness, Khalifa Muhammadu Sanusi II, has urged foreign investors to take advantage of booming business environment in Nigeria to invest their resources for maximum profit margin.

Khalifa Sanusi solicited investment opportunities in Nigeria while addressing global investors and captains of industries at the International Financial Investment and Trade Conference holding in Tunisia.

The former Governor of the Central Bank of Nigeria, explained that Nigeria reserves one of the fastest growing economy in Africa with highly competitive markets and business opportunities readily available for capital investors.

Sanusi essentially appealed to business and investment giants to tap from the robust economy with enabling environment in the areas of Manufacturing, Agriculture, ICT, Innovation and financial sector to grow their investment.

The royal highness used the occasion to showcase the growing fortune and global investment of Alh. Aliko Dangote, who started his empire taking the Nigerian business environment, believed foreign investors should capitalize on similar advantage.

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Sanusi made a strong case for investment opportunities in his country home, assured socio-econmic and natural endowments as major advantages investors should consider to build viral growth in Kano.

According to Emir Sanusi, remained that Kano is destination for trade, commerce and industries with 22 million population, natural resources, strategic location and well established international markets that serve many countries in West and Central Africa and beyond. That’s apart, he said incentives provided by the Kano State Government is another avenue for ease of doing business.

A release by Munir Sanusi Bayero, Galadiman Kano and Chief of Staff to emir Sanusi said the conference attracted prominent personalities including Governor of Bauchi State, Sen Bala Mohammed, Hon. Minister of Women Affairs, Haj. Imaan Suleiman, Amb. Bolaji, representing the Hon. Minister of State for Foreign Affairs, Bianca Ojukwu and DG of NEPZA.

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Kwankwasiyya Professionals Forum Condemns AB Bappah Bichi’s Remarks, Calls for Legal Action

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The Kwankwasiyya Professionals Forum convened a two-day emergency stakeholders’ meeting on May 4th and 5th, 2025, at Tahir Guest Palace Hotel in Kano to address concerns over alleged defamatory statements made by former Secretary to the State Government, AB Bappah Bichi, against the esteemed leader of the Kwankwasiyya movement, Dr. Rabi’u Musa Kwankwaso. The forum, comprising experts from diverse backgrounds, strongly condemned what it described as inflammatory remarks aimed at tarnishing Dr. Kwankwaso’s reputation. According to Comr. Haruna Musa Gaza, Chairman of the forum, “These statements are not only malicious but also an attempt to incite hatred and provoke violence against our revered leader.”

During the deliberations, members reaffirmed Dr. Kwankwaso’s enduring legacy and contributions to Nigeria’s political and socio-economic development. The forum praised his leadership, integrity, and philanthropic efforts, insisting that his work has positively impacted millions of Nigerians. “Dr. Kwankwaso is a visionary leader whose contributions to our great nation cannot be undermined by baseless accusations,” Gaza stated. The body further emphasized its unwavering support for Kwankwaso while calling on Nigerians to recognize the profound impact of his leadership.

In response to Bichi’s remarks, the forum resolved to pursue legal action to ensure accountability for what they termed defamatory allegations. Legal proceedings, according to Gaza, will be instituted to address the matter in court, and all available legal avenues will be explored to seek redress. “We will not allow these false claims to go unchallenged. Justice must prevail, and we will fight to ensure that defamatory statements like these do not go unchecked,” Gaza affirmed. The forum vowed to hold Bichi responsible for his utterances and pursue the matter to its logical conclusion through legal means.

Despite the forum’s strong condemnation, it urged all Kwankwasiyya supporters and Nigerians to remain calm and law-abiding in the face of provocation. The forum stressed the importance of maintaining peace and avoiding unnecessary escalation. “We call on our supporters to exercise restraint. Violence is never the answer, and our movement stands for peace and development,” Gaza emphasized. The forum maintained that while legal action is necessary, peaceful resolution and respect for the law remain top priorities.

Additionally, the Kwankwasiyya Professionals Forum commended the Kano State Governor, Engr. Abba Kabir Yusuf, for his administration’s efforts in advancing development projects across the state. The forum encouraged Kano residents to continue supporting the governor’s initiatives aimed at fostering progress and stability. “Governor Yusuf is working tirelessly for the betterment of Kano State, and we urge citizens to stand behind his administration’s laudable projects,” Gaza concluded. The forum reiterated its commitment to ensuring accountability while championing the cause of peace and development.

 

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Market Traders Association of Nigeria Suspends Operations of 36 State Chapters

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President market traders association of Nigeria Jamilu Abbas

 

The Market Traders Association of Nigeria (MATAN) has announced the suspension of operations across its 36 state chapters and the Federal Capital Territory (FCT), Abuja. The decision was disclosed by MATAN’s National President, Jamilu Abbas, while addressing journalists on the prevailing challenges within the association.

According to Abbas, the suspension comes in response to multiple concerns raised by stakeholders, alongside unforeseen circumstances that have impacted the organization’s unity.

He emphasized the need for solidarity, stating, “Based on the current situation across the country regarding our association, along with the receipt of various calls from stakeholders and unforeseen circumstances—including exchanges of words on our platform—I believe that we are one family, united in the progress of our great nation. That is why we are MATAN: when we work, our nation moves forward.”

The MATAN President clarified that, despite the general suspension, the scheduled inauguration for Imo State would proceed as planned, while that of Enugu State has been postponed. Abbas noted that further directives on the future of the association’s activities would be determined by the Federal Executive Council. He stated, “In view of all these developments, as the President and father of our teeming family members, I am here to announce that the Enugu State inauguration is suspended, while Imo State’s inauguration should proceed as scheduled. Furthermore, the operations of all 36 state chapters and Abuja are hereby suspended until the Federal Executive Council convenes and announces a new mode of operation for the entire 36 states and Abuja.”

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Abbas acknowledged that the suspension could cause disruptions for MATAN members but stressed that it was a necessary course of action. He expressed his regret over the inconvenience, adding that he remains optimistic about the upcoming discussions with the Federal Executive Council, which he believes will provide lasting solutions to the association’s concerns. “This decision was made out of necessity. I believe the suspension may hurt our members, and we regret any inconvenience this painful decision may cause. However, we had no choice but to implement it. I am confident that the outcome of our meeting will serve as the final solution to our grievances,” he stated.

MATAN members across the country will be awaiting further updates as the association navigates this transitional phase. In the meantime, Abbas urged traders to remain united, emphasizing his unwavering commitment to resolving the underlying issues affecting the organization.

The Market Traders Association of Nigeria is a national organization committed to supporting market traders and advancing trade-related policies for economic growth. The association plays a crucial role in facilitating dialogue between traders and government stakeholders, ensuring that market conditions remain favorable for business development.

This latest suspension marks a pivotal moment for MATAN, with traders, stakeholders, and the government looking ahead to forthcoming resolutions.

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