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To eliminate poverty and unemployment, small Business need support,”- Mariam Katagum,

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Amb. Mariam Katagum, Minister of State for Industry, Trade and Investment
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The Minister of State for Industry, Trade and Investment, Mariam Katagum, has said that, in order to eliminate poverty and unemployment in the country, small firms need to be supported.

Katagum said this at the 2021 4th Nigeria Diaspora Investment Summit (NDIS21), organised by Nigerian in Diaspora Commission (NiDCOM) at the Congress Hall at the Presidential Villa in Abuja.

It had the theme: “Partnership and Linkages for Post-COVID Economic Growth”, and sponsored by nine organisations ranging from banks, real estate, and state governments, among others.

The News Agency of Nigeria (NAN) reports that the hybrid summit touches sectors such as healthcare, agribusiness, technology, education, creative, sport and entertainment, oil and gas, manufacturing and infrastructure/real estate.

Katagum said that the present administration, which took office in May 2015, recognised that the economy is likely to be on a persistent and rapid downward trend unless definite, coordinated and necessary steps are taken to improve it.

“It was in this regard that small businesses were acknowledged as constituting the backbone of any growing economy, and that in order to eliminate poverty and unemployment in the country, small firms needed to be supported in Nigeria, including channeling foreign direct investments to them.

“The earliest action taken by this government was the prioritisation of three policy goals of tackling corruption, improving security and re-building the economy,” she said.

Speaking earlier, Amb. Zubairu Dada, Minister of State for Foreign Affairs, said that Nigerians in Diaspora represent an indomitable force.

“They are flag bearers of Nigeria’s image and entrepreneurial energy. Also, they represent Nigeria’s irrepressible spirit and incredible can-do attitude in business and politics, in education and in sports, in entertainment and in science, in medicine and in arts.”

He added that Nigerians have demonstrated across the world, what Nigerians genuinely represent. Furthermore, with the contributions of the Diaspora into the country over the years and their recent interventions during the COVID-19 period, including the supplies of Personal Protective Equipment (PPEs).

“Through training and retraining of COVID-19 experts in the country, to educating the citizens on safety measures, they have demonstrated that they are inestimable assets that the government should partner with in spurring rapid economic growth, most especially in this post-COVID era.

“As we seek to grow and diversify the economy and attracting foreign investment into our economy, it is therefore apt that we tap into our Diaspora, particularly at this time when we are witnessing a skewed shift in foreign direct investment.

“As a result of the COVID-19 outbreak and certain inevitable problems that the Administration is working assiduously to overcome, I am very optimistic therefore that this Summit will be a very productive one and will indeed build on its success of attracting Foreign Direct Investment (FDI) from the Diaspora,” he said.

Also speaking earlier, the Chairman/CEO of NiDCOM, Mrs Abike Dabiri-Erewa, said that partnership is essential for credible response with lasting effects.

According to her, therefore in the quest of the Federal Government to go far in repositioning the economy in this post COVID era, there is a need to partner with the Diaspora in achieving these goals.

“This is why the Summit with this year theme is very apt because it creates that avenue and platform of partnership between the Government and the Diaspora in attracting investment into local business and thus enhancing Foreign Direct Investment in the country.

“Beyond this, the summit has over the years been expanding its participants’ network, showcasing their products and services to target audiences such as the Diaspora investors, sponsors and government actors. (NAN)

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Senate Moves to Reshape Legal Profession, Proposes Two-Year Mandatory Pupillage for New Lawyers

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The Nigerian Senate on Wednesday considered sweeping reforms to the legal profession, passing into second reading a bill seeking to amend the Legal Practitioners Act 2004. Central to the proposal is a mandatory two-year pupillage programme for newly called lawyers, designed to align training and regulation with global best practices.

Debating the bill at plenary, lawmakers agreed that the legal system must evolve in response to technological advancement, complex commercial transactions, and growing demands for professional accountability. The bill was sponsored and led by the Leader of the Senate, Senator Opeyemi Bamidele.

According to Bamidele, the current law — nearly six decades old in design — no longer reflects contemporary realities of legal practice. He explained that the reform seeks to modernise oversight structures, strengthen discipline mechanisms, and enhance the quality of service within the profession.

A major highlight of the bill is the restructuring of the Body of Benchers, which, for the first time, will be established as a corporate legal entity with financial autonomy, strengthened secretariat, and defined rule-making authority. The reforms also introduce a clearer institutional framework for committees, oversight, and policy enforcement.

The Senate Leader stressed that the initiative would deliver “a coordinated and well-modernised regulatory framework that addresses admission to the bar, discipline, and professional standards.”

The bill also seeks to fast-track disciplinary processes by reorganising the Legal Practitioners Disciplinary Committee (LPDC). Under the proposed structure, multiple panels would sit across the country while wielding broader sanctioning powers, including suspension, disbarment, restitution, compensation, cost awards, and formal apologies. For transparency, disciplinary outcomes will be published, while affected practitioners will retain the right of appeal to the Supreme Court.

Additionally, the proposal creates a new Ethics, Adherence and Enforcement Committee empowered to inspect law offices, demand records, investigate public complaints, and prosecute cases before the LPDC.

To further boost competence, two years of compulsory pupillage and ongoing professional development will now be requirements for lawyers before full practice certification and licence renewal.

The bill also criminalises unauthorised legal practice, clearly defining the practice of law to protect the public from impersonators and unqualified service providers. Other provisions address the regulation of foreign lawyers, reform of the Senior Advocate of Nigeria rank, and improved safeguards for clients and public trust.

Speaking in support, Chief Whip of the Senate, Senator Tahir Monguno, recalled his experience entering practice over 35 years ago, noting that the realities of the digital age justify reform.

“This bill is very apt and germane,” Monguno said. “We are in the digital age, and our legal profession must reflect these realities.”

The Senate subsequently referred the bill to its Committee on Judiciary, Human Rights and Legal Matters for public hearing and a report within two weeks.

 

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Tinubu Approves Nigerian Team for US–Nigeria Joint Security Working Group

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President Bola Ahmed Tinubu
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President Bola Tinubu has approved the Nigerian contingent of the US–Nigeria Joint Working Group, a new collaborative platform aimed at strengthening security cooperation between both countries.

The decision follows agreements reached during a recent high-level visit to Washington, D.C., led by the National Security Adviser (NSA), Nuhu Ribadu. Ribadu will head the Nigerian side of the Working Group, supported by senior officials drawn from key security and government institutions.

The Nigerian members include Minister of Foreign Affairs, Amb. Yusuf Maitama Tuggar; Minister of Defence, Mohammed Badaru Abubakar; Minister of Interior, Hon. Olubunmi Tunji-Ojo; and the Minister of Humanitarian Affairs, Dr. Bernard M. Doro.

Also on the team are the Chief of Defence Staff, Gen. Olufemi Oluyede; Director-General of the National Intelligence Agency, Amb. Mohammed Mohammed; and the Inspector General of Police, Kayode Egbetokun.

Ms. Idayat Hassan of the Office of the National Security Adviser and Mr. Paul Alabi of the Nigerian Embassy in the United States will serve as the secretariat.

President Tinubu urged the members to work closely with their US counterparts to ensure the effective implementation of all agreements reached across various sectors.

The announcement was made on Wednesday in a statement by Bayo Onanuga, Special Adviser to the President on Information and Strategy.

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Obasanjo Returns $20,000 Allegedly Given for Fayose’s Birthday Logistics

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EX President Olusegun Obasanjo and Former Ekiti State, Ayo Fayose
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Former President Olusegun Obasanjo has returned the $20,000 allegedly provided to him by former Ekiti State Governor, Ayo Fayose, ahead of Fayose’s 65th birthday celebration, following a fresh disagreement between the two political figures.

Fayose confirmed the development during an interview with AF24 News, where he narrated the sequence of events surrounding the controversy. According to him, preparations for his birthday prompted him to reach out to individuals he had previously fallen out with politically. He noted that this move was aimed at “mending fences,” but stressed that his call to Obasanjo should not be misconstrued as an apology.

The former governor recounted that Obasanjo visited his Lagos residence days before the celebration and expressed willingness to attend the event, despite having a conflicting engagement in Rwanda. Fayose said that during the visit, Obasanjo requested financial support for his travel logistics, prompting him to provide $20,000.

“I changed $20,000 and gave it to him. How can you accept somebody’s money and come and be spiting that person?” Fayose said, expressing disappointment over Obasanjo’s subsequent public remarks.

The matter escalated after Obasanjo stated that he had not opened the money and would return it, comments that Fayose considered disrespectful. In response, Fayose said he sent the former president a strongly worded text message demanding clarity and expressing his displeasure.

Following the exchange, Obasanjo reportedly returned the money.

“I have written to him, and he has returned my $20,000,” Fayose confirmed during the interview. When asked how he felt about the return of the funds, he replied: “I am very happy. I will not allow such a man to carry my money away.”

The clash adds another layer to the long-standing political tension between both men, who have had a history of public disagreements spanning several years.

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