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Tinubu offers French investors ‘easy in, easy out’ opportunity for skills development to bridge the gaps, Says Onanuga
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•Macron welcoming Kwara State Governor AbdulRahman AbdulRazaq to Elysee Palace…yesterday. With them are Governors Babajide Sanwo-Olu (Lagos); Dapo Abiodun (Ogun); Hyacinth Alia (Benue); Peter Mbah (Enugu); Dikko Radda (Katsina) and Foreign Affairs Minister Yusuf Tuggar
•Macron welcoming Kwara State Governor AbdulRahman AbdulRazaq to Elysee Palace…yesterday. With them are Governors Babajide Sanwo-Olu (Lagos); Dapo Abiodun (Ogun); Hyacinth Alia (Benue); Peter Mbah (Enugu); Dikko Radda (Katsina) and Foreign Affairs Minister Yusuf Tuggar
Tinubu pledges skills development for out-of-schoolchildren
President Bola Ahmed Tinubu yesterday affirmed Nigeria’s commitment to strengthening cooperation with France in key sectors such as food security, energy, solid minerals, education and security.
Tinubu made the pledgeduring a meeting with French President Emmanuel Macron in Paris.
The two leaders later addressed a joint news conference.
The President, according to a statement by his Special Adviser on Information and Strategy, Bayo Onanuga, also emphasised his administration’s commitment to skill acquisition training for Nigerians, especially children who have “been out of school for years”.
Tinubu highlighted the vast and largely untapped potential within Nigeria’s agricultural sector.
He called on international investors to capitalise on opportunities in the sector.
“The French—Nigeria Business Forum is doing a lot already, but we need to do more on food security. We cannot help but invest in another country,” said the President.
Tinubu described Nigeria’s financial sector as a facilitator for foreign investment, particularly from French enterprises.
He said: “Nigeria’s financial sector is evolving and flourishing. We are also creating grounds for investment in Nigeria’s economy for French nationals, especially in food security.
“It is our responsibility to put together a food security programme for the private sector to come and invest in the country.
“We are working on stability and we are getting closer and closer, but we can do better and better.”
The President said Nigeria’s economy was being repositioned for more Foreign Direct Investment (FDI) that would directly impact Nigerians.
“I can assure you that Nigeria is open for business and close to this, we have a vibrant youth population that is educated, and ready to be trained in various areas of entrepreneurship and development,” Tinubu said.
He implored the French government to extend to Nigeria, trainings that would develop its youth population.
“Furthermore, we should de-risk the opportunities in the solid minerals. We have the potential and we have agreed on a deeper and deeper relationship,” the President added.
Tinubu noted that Nigeria, like most African nations, has been preoccupied with tackling food insecurity.
He said: “A starved nation will not care about weather or environment, and in the 21st century, no child should go to bed hungry.
“If an African child is given a glass of milk in a class, there will be no problem in getting him to return and stay in school to learn. The more educated the children are, the better it is for us.”
President Tinubu said the blue economy in Nigeria also provides a huge opportunity for investment, with unexplored potential in fishery.
“In Lagos, we have tamed the Atlantic Ocean. For us, fishery is an important aspect of investment.
“We want to assure the French investment community that Nigeria is open for business. It shall be easy in and easy out,” he stated.
Tinubu outlined plans to significantly reduce the number of out-of-school children through innovative return-to-class initiatives and skills development programmes.
Chairman, United Bank of Africa (UBA)/Founder, Heirs Holding, Tony Elumelu and French Finance Minister, Antoine Armand signing an agreement at the Elysee Palace, Paris…yesterday. With them are Presidents Tinubu and Macron
“To bridge the gap for some who are of age, and have been out of school for a while, we will encourage skills development,” he stated.
The President told Macron and his wife, Brigitte, that Nigeria’s developmental potential hinges on a well-educated populace.
He said although “insecurity in some parts of the country makes it hard for children to return to school, we are gradually re-populating the classrooms.”
“We need skills development to bridge the gaps,” the President added.
He also highlighted efforts by his administration to enhance security across the country.
“With some more efforts, we will be able to get some level of stability. We had a very good harvest this year and as soon as more farmers can go back to the farm, we will have more stability in harvest and supply,” Tinubu said.
On global security, the President noted that there was a need for collective responsibility to fight terrorism.
“Nigeria is a partner in progress. We are ready to partner with France so that we can have security operations that will stop the challenge of migration,” he said.
President Macron acknowledged the state visit by Tinubu, saying it will herald deeper bilateral relationships between the two countries.
He emphasised collaborative growth in creative industries and youth-focused initiatives.
Macron acknowledged Nigeria’s vast growth potential and the importance of investing in educational initiatives.
He reflected on his formative experiences during his six-month internship at the French Embassy in Nigeria.
Macron also noted that global humanitarian challenges could only be solved with governments working together.
He said: “We have confidence that you, Mr. President, will reinforce our relationship with Nigeria, and it will cover the West Coast region, with ECOWAS playing the leading role.
“I will seek your leadership to work as partners of progress. You are the great leader of the great country in Africa.
“We appreciate your visionary leadership and energy in transforming the economy of your country. We will work together for collective, global success,” he said.
The French leader assured that he would encourage more investments in Nigeria’s solid minerals sector.
Both countries signed an agreement after Solid Minerals Development Minister Dele Alake made a presentation on the sector’s potential.
President Tinubu and First Lady Oluremi Tinubu were welcomed with full honours at Hotel Les Invalides and Palais De l’Élysée by Macron and his wife, Brigitte.
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Tinubu @ 3: How REA Is Expanding Energy Access to Support Nigeria’s $1 Trillion Vision
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For decades, achieving economic independence in Nigeria has been limited by a fundamental deficit: access to reliable electricity.
In rural and peri-urban communities, often referred to as the “last mile,” small businesses, agro-processors, and households have historically survived on costly, polluting petrol generators or lived in complete darkness. However, a silent revolution has been taking place across the country. Led by the Rural Electrification Agency (REA), decentralized renewable energy solutions are systematically closing the energy gap. Driven by bold policy shifts and unprecedented private sector funding, the REA’s mini-grid solutions are not just illuminating homes, they are serving as a critical infrastructure backbone to catalyze the Central Bank of Nigeria’s (CBN) ambitious target of achieving a $1 trillion economy.
This rapid transformation underscores the strategic vision of the current administration. As President Bola Ahmed Tinubu marks his third year in office, this milestone stands as a testament to his administration’s foresight. By recognizing early on that the fragile national grid could not single-handedly carry the weight of Nigeria’s industrial ambitions, the President prioritized decentralized energy solutions to intentionally ease the burden on the national grid.
Of notable mention is Mr President’s appointment of Dr. Abba Aliyu as the Managing Director of the REA. Abba’s appointment has injected a much-needed dose of technocratic competence, corporate governance and execution speed into the agency, effectively turning a bottleneck into a launchpad for national growth.
Historically, the mention of the REA in Nigeria’s public discourse was frequently tied to headlines of systemic corruption, contract inflation, and abandoned projects. For years, the agency operated as a black box where public and international donor funds vanished into ghost electrification schemes, leaving rural communities in perpetual darkness.
Today, transparency has become the order of the day. At the heart of this institutional transformation is the deployment of advanced digital data platforms including the REA Project Monitoring and Performance Hub (MPH), the Nigeria SE4ALL web platform, and specialized tracking architectures managed alongside data partners like Odyssey. By utilizing real-time IoT (Internet of Things) remote monitoring and data portals, the REA tracks precisely how much power is generated and which communities are connected. This data-first architecture ensures full accountability to international donors, eliminates ghost projects, and guarantees that disbursements are strictly tied to verified performance.
Under the leadership of Dr. Abba Aliyu, Nigeria’s off-grid sector has undergone a massive structural shift, moving from a heavy reliance on imported technology to becoming a regional manufacturing powerhouse. Driven by deliberate government policies aimed at de-risking private capital, Nigeria’s installed local solar panel production capacity has skyrocketed from 120 megawatts (MW) to approximately 300MW.
With an additional 3.7 gigawatts (GW) of capacity currently in the development pipeline, Nigeria is fast positioning itself to anchor West Africa as a renewable energy manufacturing hub. Locally manufactured solar panels are already being exported from industrial corridors like Lagos to regional neighbors like Accra, Ghana.
This domestic manufacturing surge is underpinned by a groundbreaking regulatory environment. The Nigerian Electricity Regulatory Commission’s (NERC) Mini-Grid Regulations have expanded the allowable capacity for interconnected mini-grids to 10MW. By defining exactly how mini-grids interact with the main national grid, Nigeria has established one of the most progressive and investor-friendly regulatory frameworks in Africa, one that is currently being studied and replicated by countries like Mozambique, Benin Republic, Burkina Faso, and Niger.
At the center of REA’s current aggressive rollout is the Distributed Access through Renewable Energy Scale-Up (DARES) programme, widely recognized as the largest publicly funded renewable energy access initiative globally.
DARES is an ambitious $750 million initiative structured to pull an additional $1.1 billion in private sector investments through a results-based financing model. Under this mechanism, private developers must fully mobilize and deploy their own capital to build functioning energy infrastructure before unlocking financial incentives.
The impacts of the DARES initiative are aggresively mapped toward radical socio-economic transformation, aiming to provide clean, reliable electricity to over 17.5 million Nigerians, power over 2.5 million households across the federation, and launch 1,350 mini-grids, including 250 interconnected systems.
As at today, over 1000 mini grids are being developed across the country. Additionally, 48 Interconnected mini-grids are being deployed that will inject additional 288MW of clean reliable capacity are being deployed in collaboration with 11 Distribution Companies.
The REA has gone further to unlock private finance through partnerships with institutions like FCMB, Lotus Bank, and the International Finance Corporation (IFC), creating an expansive, decentralized energy ecosystem capable of sustaining itself long after public funds are exhausted.
The expansion of last-mile electrification directly intersects with macroeconomic objectives. The CBN’s blueprint for a $1 trillion economy relies heavily on boosting productivity in agriculture, expanding MSMEs (Micro, Small, and Medium Enterprises), and scaling up local manufacturing. The REA’s mini-grid solutions act as an economic multiplier for this vision in three distinct ways.
Firstly, it unlocks the agricultural value chain.
A significant portion of Nigeria’s wealth resides in its rural agrarian communities, which suffer from high post-harvest losses due to a lack of cold storage and processing facilities. By deploying solar mini-grids to agricultural hubs, the REA enables the operation of solar-powered mills, irrigation pumps, and cold storage units. This transitions subsistence farming into a commercialized, high-yield industry, drastically boosting rural GDP contribution.
Secondly, it reduces MSMEs operating costs.
High inflation and currency fluctuations heavily penalize businesses reliant on imported fuel for generators. Replacing petrol and diesel with predictable, cheaper solar energy immediately frees up operational capital for millions of small businesses such as salons, tailoring shops, welding centers, and healthcare facilities. These saved costs are directly reinvested into expanding operations and hiring more local labor.
Furthermore, the scale-up of mini-grid capacities to 10MW allows for the strategic deployment of large solar farms in border towns. This positions Nigeria to engage in cross-border electricity trade, selling off-grid power to neighboring West African border communities. This opens up entirely new foreign exchange revenue streams, strengthening the Naira and boosting regional trade volumes in line with sub-regional economic integration goals.
In addition, the REA signed a $700,000 Memorandum of Understanding (MoU) with the Economic Community of West African States (ECOWAS) Commission to electrify healthcare centers and 15 public universities across the Federal Capital Territory (FCT), Niger, and Nasarawa states. This initiative has already begun yielding tangible results, with active projects rolling out across institutions like the Federal University of Technology, Akure (FUTA).
The Rural Electrification Agency’s mini-grid solutions have evolved beyond basic social welfare into a primary driver of industrialization and economic formalization. By taking electricity to the last mile, the REA is activating trapped economic potential in regions that the traditional grid could not reach.
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Eid-el-Kabir: Let’s Peace, Unity And Selflessness Be Our Watchword, Olowu Urges Muslim Ummah, Nigerians
Olowu of Kuta, HRM Oba Dr Hammed Makama Oyelude, CON, Tegbosun iii, has urged muslim Ummah and Nigerians to let peace , unity and selflessness be their watchword as the world observe the Eid-el-Kabir
The reverred monarch in his sallah message said Eid-el-Kabir remains a highly spiritual occasion that calls for dedication, commitment, and selflessness.
According to him, ” this is the time to reflect on the going on around us and preach messages of hope and unity devoid of any provocation.”
Oba Makama urged Nigerians to live together peacefully, irrespective of religious, political, and tribal affliation.
While calling on politicians to exercise restraint and refrain from any rhetoric that may inflame passion as we approach 2027 general elections, Oba Makama said what should be uppermost in the mind of every patriotic Nigerian is “Country first.”
The monarch, while wishing every Nigerian a peaceful celebration, maintained that people should be vigilant and not be overwhelmed by the insecurity, adding that armed forces and other para military forces are working round the clock to ensure hitch free celebration.
” The price wise men pay for eternal liberty is to be vigilant. I urged everyone to be moderate in celebration and reach out to the less privileged, widows and orphans “as our brothers and sisters keeppers,” Olowu added.
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Tinubu Emerges APC Presidential Candidate After Nationwide Direct Primary
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….President Tinubu polls 10,999,162 votes, declared winner.
The ruling All Progressives Congress (APC) has declared President Bola Ahmed Tinubu the winner of its presidential primary election ahead of the 2027 general elections.
The party commenced the collation of results from its nationwide presidential shadow election at the Bola Ahmed Tinubu International Conference Centre in Abuja following the conclusion of voting on Saturday, May 23.
In a significant shift from the delegate-based system often associated with controversy, the APC adopted a direct primary method for the exercise. The election was conducted simultaneously across the party’s 8,809 wards in the 36 states and the Federal Capital Territory (FCT).
Under the direct primary system, all registered members of the party were eligible to vote for their preferred presidential aspirant, a move party leaders described as part of efforts to strengthen internal democracy and encourage wider grassroots participation.
The final stage of the process is being supervised by a seven-member Presidential Primary Election Committee chaired by former Senate President, Senator Anyim Pius Anyim.
Other members of the committee include former Senate President Ken Nnamani, Grace Titi Laoye-Ponle, former Speaker of the House of Representatives Yakubu Dogara, former Kogi State Governor Idris Wada, and Sanusi Musa, who serves as the committee secretary.
The atmosphere at the Bola Ahmed Tinubu International Conference Centre remained charged as governors, party chairmen, and designated collation officers arrived to present certified results from their respective states before the Anyim-led committee.
Governors coordinating the exercise in their states took turns presenting the official results as the party concluded the nationwide primary process.
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