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TONY ELUMELU FOUNDATION MARKS INTERNATIONAL YOUTH DAY EMPHASISING THE “YOUTH ENGAGEMENT FOR GLOBAL ACTION” AGENDA 

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The Tony Elumelu Foundation (TEF) joined the United Nations and other global organisations to mark the International Youth Day on August 12, 2020, with a line-up of pan-African speakers discussing the theme, “Investing in Africa’s Future: Youth Empowerment through Entrepreneurship”.  

 The event emphasised the “Youth Engagement for Global Action” agenda and the role of African entrepreneurs in pushing for sustainable development. It also examined the critical role of the youth in igniting their potential, population, and influence to create mechanisms for sustainable development across the continent. 

  Moderated by TEF CEO, Ifeyinwa Ugochukwu, the event featured a line-up of pan-African entrepreneurs and speakers from the development sector.

 Addressing the audience, Ifeyinwa Ugochukwu drew attention to the plight of startup African entrepreneurs during the pandemic while highlighting the importance of SMEs, especially during this period. “The SMEs are the major contributors to African economies. We must not underestimate the level of disruption and uncertainty that young people all over the world have faced as a result of the COVID-19 pandemic in Africa.”

 Ifeyinwa emphasized the need to empower the youth to tackle the menace of poverty on the continent.

 Wambui Gichuri, Ag. VP Agriculture, Human, and Social Development, African Development Bank stated: “Entrepreneurship is an essential part of Africa’s employment challenge and it is where we have to put our focus as a multilateral development bank”. 

She added: “We need to do whatever it takes to empower our youth because they are the future of the continent”. 

Martha T.M. Phiri, PhD, Director, Human, Youth and Social Development, African Development Bank, stated that the $5million partnership between the African Development Bank (AfDB) and the Tony Elumelu Foundation in 2019 to empower additional young African entrepreneurs, was a step in the right direction to create jobs on the continent. “That was a very exciting partnership and we feel this should be the way forward if we are going to create jobs on the continent,” she said.  

  Shoroke H. Zedan, Chairman, World Youth Skills, Egypt said: “It is important that governments start looking at entrepreneurship as a fundamental core topic that needs to be integrated into the educational system”. 

 Speaking on incorporating the youth into policymaking decisions, the Global President, AISEC, Alexandra Robinson stated: “I advocate for any policy that involves young people as co-owners of the policymaking process. I really believe that when young people are given co-ownership of the table, not just invited to someone else’s, they are able to have those meaningful conversations”.

 Bilikiss Adebiyi-Abiola, Founder, Wecyclers Nigeria and past fellow of the Tony Elumelu Foundation recalled the moment when she got accepted into the Tony Elumelu Foundation Entrepreneurship Programme: “In 2012, when I was invited to the Tony Elumelu Foundation to pitch my idea, I was very fortunate to pitch directly to Mr. Elumelu and I was surprised a couple of days after, we got the grant. That grant was very important for Wecyclers”. 

 Speaking as an entrepreneur doing business on the continent, Leroy Mwasaru, Founder, Greenpact Kenya and an alumnus of the Tony Elumelu Foundation’s flagship Entrepreneurship Programme highlighted the need for transparency to attract more investors: “It is as a result of sharing what we have been doing that we hope there are less failures and more successes”. 

Earlier in the year, due to the pandemic, the Tony Elumelu Foundation announced the postponement of its flagship TEF Entrepreneurship Programme and TEF Forum, the largest gathering of African entrepreneurs on the continent. Celebrating its 10th year anniversary later in 2020, the Foundation counts over 9,000 young African countries across all 54 African countries as beneficiaries and alumni of its Entrepreneurship Programme. It continues to support African entrepreneurs with expert-led masterclasses, business management training and market linkages on its digital networking platform, TEFConnect.  

 

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Breaking : Tinubu Appoints Oyedele as Finance Minister in Cabinet Shake-Up

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…Edun, Dangiwa exit FEC

…Darma named Housing minister-designate

President Bola Ahmed Tinubu has approved a minor cabinet reshuffle, effecting changes in the membership of the Federal Executive Council (FEC) with the exit of two ministers and the appointment of replacements.

The decision, conveyed in a memo signed by the Secretary to the Government of the Federation (SGF), George Akume, directed the immediate redeployment of portfolios to strengthen governance delivery.

According to a statement issued by Special Adviser to the SGF on Media and Publicity, Yomi Odunuga, Mr. Wale Edun has been relieved of his duties as Minister of Finance and Coordinating Minister of the Economy under the reshuffle.

He is to hand over to Mr. Taiwo Oyedele, who has now been elevated to the position from his previous role as Minister of State in the ministry.

Similarly, the Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, is to exit the cabinet, with the President naming Dr. Muttaqha Rabe Darma as ministerial nominee and minister-designate for the ministry.

The directive also mandates that Dangiwa hand over to the Minister of State in the ministry, pending Darma’s confirmation and assumption of office.

According to the memo, all handover and takeover processes are to be completed by close of business on Thursday, April 23, 2026.

Explaining the rationale for the changes, Akume said the reshuffle was designed to “strengthen cohesion, synergy in governance as well as achieve more impactful delivery on the economy to Nigerians, through the Renewed Hope Agenda.”

He added that the President exercised his constitutional powers under Sections 147 and 148 of the 1999 Constitution (as amended) in effecting the changes.

The President expressed appreciation to the outgoing ministers for their service to the nation and wished them success in their future endeavours.

Akume further conveyed the President’s assurance to cabinet members that the process of reinvigorating the government would be continuous and in line with the administration’s policy objectives.

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JUST IN: Federal Government Arraigns Suspected Coup Plotters on 13 Charges

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The Federal Government has filed a 13-count charge before the Federal High Court in Abuja against six individuals, including two retired senior military officers and a serving police inspector, over an alleged plot to wage war against Nigeria and commit acts of terrorism.

The defendants—retired Major General Mohammed Gana, retired Naval Captain Erasmus Victor, Inspector Ahmed Ibrahim, Zekeri Umoru, Bukar Goni, and Abdulkadir Sani—are scheduled to be arraigned on Wednesday, April 22, before Justice Joyce Abdulmalik.

Also listed in the charge, but said to be at large, is a former Minister of State for Petroleum Resources, Timipre Sylva.

The charge, filed on Monday by the Office of the Attorney-General of the Federation and signed by the Director of Public Prosecutions, Rotimi Oyedepo (SAN), accuses the defendants of offences ranging from treason and terrorism to failure to disclose security intelligence and money laundering linked to terrorism financing.

The prosecution alleged that the defendants conspired in 2025 “to levy war against the state to overpower the President of the Federal Republic of Nigeria,” an offence punishable under Section 37(2) of the Criminal Code.

The Federal Government further alleged that the defendants had prior knowledge of a planned treasonable act involving one Colonel Mohammed Alhassan Ma’aji and others but failed to alert authorities.

According to the charge, the defendants, “knowing that a treasonable act was intended to be committed, did not give information thereof with all reasonable despatch to either the President… or a peace officer.”

They were also accused of failing to take preventive steps, as the charge stated that they “did not use any reasonable endeavours to prevent the commission of the offence.”

Beyond treason, the defendants are facing terrorism-related charges under the Terrorism (Prevention and Prohibition) Act, 2022. Prosecutors alleged that they “conspired with one another to commit an act of terrorism in the Federal Republic of Nigeria.”

Inspector Ahmed Ibrahim and Zekeri Umoru were specifically accused of attending meetings linked to the alleged plot, “in a bid to further a political ideology which may seriously destabilise the constitutional structure of the Federal Republic of Nigeria.”

The charge also accused the defendants of providing support for terrorism, alleging that they “knowingly and indirectly rendered support” to facilitate acts of terror.

In addition, the prosecution alleged deliberate suppression of intelligence, stating that the defendants “had information which would be of material assistance in preventing the commission of the act of terrorism, but failed to disclose the information to the relevant agency as soon as practicable.”

On the financial aspect, several defendants were accused of handling funds linked to terrorism financing, in violation of the Money Laundering (Prevention and Prohibition) Act, 2022.

“indirectly retained the aggregate sum of N50,000,000, which forms part of the proceeds of an unlawful act, to wit: terrorism financing,” while Abdulkadir Sani allegedly retained N2m from a similar source.

Zekeri Umoru, according to the charge, “without going through a financial institution accepted a cash payment of the sum of N10,000,000,” and also retained an additional N8.8m suspected to be proceeds of terrorism financing.

Inspector Ahmed Ibrahim was also accused of taking possession of “the sum of N1,000,000, being part of proceeds of terrorism financing.”

The case is expected to test the Federal Government’s resolve to prosecute alleged threats to national security as proceedings commence before the Federal High Court in Abuja.

In October 2025, the Federal Government announced the cancellation of a ceremonial parade earlier scheduled to mark Nigeria’s 65th Independence Anniversary on October 1.

Days after the announcement, reports emerged linking the cancellation to an alleged coup plot. However, the Defence Headquarters dismissed the claims, insisting that the decision had no connection with any coup attempt.

Later that month, on October 31, authorities confirmed that 16 military officers had been arrested in the first week of October over the alleged plot, while two others were declared at large.

In January 2026, the Defence Headquarters confirmed that there was indeed a plan to overthrow President Bola Ahmed Tinubu.

The Director of Defence Information, Samaila Uba, said investigations carried out in line with military procedures uncovered the involvement of some personnel in the alleged coup plot.

Uba added that those implicated would be arraigned before appropriate military judicial panels.

In March, family members of the detained officers appealed to President Tinubu to ensure that the suspects were tried in an open court.

At a press conference in Abuja, wives and relatives of the detained officers also demanded access to the accused, whom they described as alleged coup masterminds.

The agitation continued in April, as families of the detained officers staged a protest at the entrance of the National Assembly, calling for a speedy trial and improved access to their relatives in custody.

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Update : 2027 Race: APC Pegs Presidential Form at ₦100m, Unveils Primaries Date

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The All Progressives Congress has released its timetable for the 2027 general elections, fixing its presidential primary for May 15 to 16, 2026.

According to the schedule signed by the APC National Organising Secretary, Sulaiman Argungu, on Monday, the party will begin the sale of nomination and expression of interest forms at its National Secretariat from April 25 to May 2, 2026, while submission of completed forms will close on May 4.

The APC pegged its presidential form at ₦100m, comprising ₦30m for expression of interest and ₦70m for nomination.

Governorship aspirants are to pay ₦50m, while Senate, House of Representatives and State House of Assembly forms cost ₦20m, ₦10m and ₦6m respectively.

The timetable indicates that screening of aspirants will hold between May 6 and May 8, while screening results will be released on May 11, followed by appeals from May 12 to May 13.

Photo: X/@OfficialAPCNg

Presidential primaries are scheduled for May 15 and 16, while those for the House of Representatives, Senate, State House of Assembly and governorship will hold on May 18, May 20, May 21 and May 23, respectively.

The party also fixed May 25 for the conclusion of election appeals across all categories.

The schedule shows that all primary elections will be conducted within eight days.

The party, however, granted concessions to female aspirants, youths and persons living with disabilities, who are to pay for only the expression of interest forms and 50 per cent of the nomination fees.

The timetable stated that the schedule was in line with the Constitution, the Electoral Act and the Independent National Electoral Commission guidelines

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