News
Tinubu Calls For African Investment In Minerals, Stronger Global Role At UNGA 80
Nigeria President Bola Tinubu has called for a total rephase in the global financial architecture of Africa’s mineral resources, saying it was time for its nations to begin to not only finance its mineral sector but also assert their influence and power in the African products’ global supply chains.
The President stated that this had become necessary if African nations’ sovereignty is to be protected, just as he recommended collective action by development allies and partners, to bring Africa’s mineral economy to reality for the benefit of the continent.
President Tinubu, represented by Vice President Kashim Shettima, called for these decisive actions at the Second Africa Minerals Strategy Group (AMSG) High-Level Roundtable on Critical Minerals Development in Africa, held on the margins of the 80th Session of the United Nations General Assembly, New York City.
Tinubu’s position at the event position was made known in a statement on Tuesday by Stanley Nkwocha, Senior Special Assistant to The President on Media & Communications.
“We must take the bull by the horns in financing our future. Never again shall we wait for capital to trickle in. With sovereign funds, blended vehicles, and innovation tools like the Africa Mineral Token, Africa shall finance Africa. To safeguard this sovereignty, we must guard our cobalt, lithium, graphite, gold, and rare earths not as fragmented states but as one continental bloc, wielding collective power in global supply chains,” the President submitted.
Pledging Nigeria’s commitment towards catalyzing a mineral-led renaissance under the Renewed Hope Agenda, as exemplified back home, President Tinubu urged African leaders to end the “ignoble cycle” of importing finished goods through accelerated government-led mineral exploration.
To unlock Africa’s mineral economic future, the President said the objective will materialize based on four imperatives.
First, Tinubu urged African nations to climb the value chain, adding, “We must end the ignoble cycle of exporting rocks and importing finished goods. From beneficiation to green manufacturing, Africa must build industries on African soil.”
The President continued, “Second, I am proud to announce that with the African Minerals and Energy Resource Classification (AMREC), and the Pan-African Resource Reporting Code (PARC), we will no longer beg for geological knowledge of our own land. Africa’s data will be mapped, standardized, and owned by Africans.
“Third, data alone is not enough. We must accelerate government-led mineral exploration and national geological mapping.
“Without exploration, there is no sovereignty. Without mapping, there is no value. Every member state must prioritize country-wide surveys, strengthen geological agencies, and pool expertise through AMSG. For when Africa owns the map, Africa owns the future.”
Fourthly, President Tinubu urged African leaders to take the bull by the horns in financing Africa’s future. “With sovereign funds, blended vehicles, and innovative tools like the Africa Mineral Token, Africa shall finance Africa,” the President maintained.
The President demanded a collective demonstration of leadership while calling upon sovereign wealth funds, private partners, and development allies to join Africa in rewriting the story of Africa’s mineral economy.
“Nigeria, Uganda, Zimbabwe, Burkina Faso, Mali, Botswana, Gabon, and Ghana are already leading this new age of equal exchange, enforcing bans on the export of raw minerals to promote domestic beneficiation. Zimbabwe’s ban on raw lithium in 2022, Gabon’s decision to end manganese exports by 2029, and Kenya’s plan to restrict raw gold exports are historic acts of courage.Nigeria is accelerating similar reforms, for we know this is the road to jobs, to industries, and to prosperity,” the President said.
The President commended Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, who chairs the event, and the Secretary-General, H.E. Moses Michael Engadu of Uganda, for guiding Africa towards a path of productivity and pride.
The President concluded, “As Chair of this Roundtable, I pledge Nigeria’s unflinching commitment to ensuring that AMSG fulfils its promise of catalyzing a mineral-led renaissance. Let us rise from this dialogue with a communiqué of clarity, a framework for action, and a spirit of unity.”
Earlier, Dele Alake while welcoming stakeholders and partners to the event called for cohesion amongst African nations saying with determined focus and a reinvigorated sense of partnership and transparency in the minerals sector, Africa will harness in all ramifications the total benefits of a sustained, deepened and well harmonised mineral sector, adding that, “these resources are indispensable for global sustainable development and remain catalyst for Africa’s rapid industrialisation”.
Speaking at the event, UN’s Assistant Secretary General and Regional Director, Africa UNDP, Ahunna Eziakonwa, urged African leaders to be cautious in terms of how they position to make most of the African resources for the people rather than to be subjected to extreme exploitation which is already happening, and being extracted without appropriate value.
She also emphasised the need for leaders in the continent to ensure partnership that delivers technology transfer, beneficiation and create jobs, saying ” there is a scramble and a lot of interest in Africa’s minerals, people are coming to partner, Africa can shape the quantum of that partnership and determine what works from the partnership.
Also, Jozef Stkela, European Union Commissioner for International Partnership, said in the last few years, European Union structured its approach, boost, and secured its supply of critical raw materials.
He said that EU adopted Critical Raw Materials Act in 2024, to increase domestic production and diversity supply outside the European Union,saying “under this Act and our global gateways strategy, we have signed 14 strategic partnership with on raw materials value chain of which four are in Africa.”
The National Drug Law Enforcement Agency (NDLEA) has warned Nigerians to be wary of fraudsters impersonating its officials to defraud unsuspecting members of the public through fake auction offers for forfeited vehicles.
In a statement issued on Friday, the agency’s spokesman, Femi Babafemi, said the scammers have been using the names of senior NDLEA officials, particularly the Secretary to the Agency, Barrister Shadrach Haruna, to circulate fraudulent letters and messages offering cheap forfeited vehicles for sale.
Babafemi described the offers as a deliberate scam aimed at swindling people of their money.
“The public is hereby notified that these offers are a complete scam. The Agency wishes to categorically state that these fraudulent offers are a malicious gimmick designed solely to defraud targeted individuals of their hard-earned money,” he said.
The agency stressed that no NDLEA official is authorised to privately allocate, sell or offer forfeited vehicles or any other seized assets to individuals.
According to the statement, all forfeited vehicles and assets are disposed of only through public auction processes conducted by government-approved auctioneers in line with legal and public procurement guidelines.
Babafemi added that legitimate auction exercises are always widely advertised in national newspapers and through the agency’s official communication channels.
He urged members of the public to disregard and report any letters, text messages or social media posts claiming to offer forfeited vehicles through Barrister Haruna or any other NDLEA official.
“The NDLEA remains committed to maintaining transparency and integrity in all its operations. Do not fall victim to these criminal elements. If you are approached with such fraudulent offers, please report immediately to the nearest NDLEA command or through our official communication channels,” the statement added.
The organisers of this year’s Nigeria International Gospel Music Awards ( NIGMA) have announced that the upcoming edition will celebrate the very best of the gospel music industry in an atmosphere of excellence, creativity, and inspiration.
The event is scheduled to take place on Sunday, August 9, 2026, at the prestigious Agip Recital Hall, MUSON Centre, Onikan, Lagos.
Speaking at a media briefing in Lagos, Kingsley Omoefe, Founder and Team Lead of NIGMA and Chief Responsibility Officer of Golden Heritage Limited, said the August event is designed to bring together gospel music ministers, industry stakeholders, fans, and supporters for a memorable celebration of talent, faith, and excellence.
He stated that attendees should expect an unforgettable experience featuring outstanding performances from leading gospel artists, alongside special recognitions for individuals and organisations that have made significant contributions to the industry.
The organisers also revealed that the event will feature meaningful conversations designed to inspire participants, promote collaboration, and foster the continued growth of gospel music.
The organisers said the August gathering would create memorable moments that would leave guests inspired, enriched, and motivated long after the curtains close.
They further called on corporate organisations, media outfits, and well-meaning individuals to take advantage of the opportunities available to support the event through sponsorships and strategic partnerships.
The organisers encouraged interested organisations and individuals seeking sponsorship, partnership, media accreditation, or participation to contact the event management for further information and registration ahead of the highly anticipated August programme.
International News
Nottingham Forest Sacks 5th Manager In 10 Months, To Wrap Up Oliver Glasner’s Deal
Oliver Glasner is in advanced talks to replace Vitor Pereira as Nottingham Forest head coach, a move which would see the Austrian become the club’s fifth manager in less than a year.
Pereira announced his departure from the club in a statement on Wednesday, saying that it came as a “complete surprise to me and without any warning”.
Glasner is a free agent after leaving Crystal Palace — where he won the FA Cup in 2024-25 and then the Community Shield and Conference League the following campaign — and is set to stay in the Premier League.
The 51-year-old confirmed in January that he would leave Palace at the end of the season after two years in charge.
On Thursday, Forest confirmed Pereira’s coaching staff Filipe Almeida, Luis Miguel, Bruno Moura, Marco Knoop and Pedro Lopes had all left the club alongside the head coach.
Pereira, 57, was appointed Forest head coach in February on an 18-month contract which runs until 2027.
The Athletic reported in May Forest had been planning to show their faith in Pereira by handing the head coach a new long-term contract, but those talks were subsequently put on hold.
“Today marks the end of my journey as head coach of Nottingham Forest,” he said in his statement.
“I want to say a sincere thank you to everyone connected with this incredible football club. Although this decision came as a complete surprise to me and without any warning, I fully respect the club’s right to make the decisions it believes are best for its future.
“Naturally, I am disappointed and saddened. I truly believed in what we were building together, and I leave with a sense of pride in everything we achieved over the past months.
“Together, we enjoyed a memorable end to the season. We secured the club’s Premier League status, reached the semi-finals of the Europa League, and created moments that will stay with me forever. Most importantly, I saw a group of players grow in confidence, belief and togetherness.
“I leave Nottingham Forest with no bitterness or resentment—only respect, gratitude and wonderful memories. Football is full of unexpected moments, and while this chapter has ended sooner than I expected, I will always look back on my time here with pride and affection.”
The Portuguese succeeded Sean Dyche and was Forest’s fourth permanent boss of the season following the departures of Nuno Espirito Santo and Ange Postecoglou.
Nuno had led Forest to Europa League qualification the previous season but he departed in September, less than three months after signing a new deal. Postecoglou was appointed his replacement but was dismissed just 39 days later. Dyche took charge of the team in October before his dismissal in February.
Forest were three points above the relegation zone when Pereira was appointed and he subsequently steered his side to Premier League safety with two games of the campaign remaining.
His appointment marked his second managerial spell in the Premier League after guiding Wolverhampton Wanderers to safety during the 2024-25 campaign.
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