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FG Engages KPMG to Revamp Nigeria’s Vocational Education System

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The Minister of Education, Dr. Maruf Tunji Alausa, has hired KPMG, a world-class advisory services provider, to transform the National Board for Technical Education (NBTE) into a high-performing regulator and strategic enabler of Nigeria’s Technical and Vocational Education and Training (TVET) ecosystem.

The reform initiative is designed to improve the NBTE’s institutional effectiveness, governance architecture and operational capacity to enable the Board to more effectively regulate, coordinate and support polytechnics, monotechnics and other technical institutions, while aligning skills development with Nigeria’s economic and workforce needs.

KPMG is a global network of professional services firms providing audit, tax, and advisory services to local and international organizations, government bodies and institutions in Nigeria.

The Minister, in a statement by his Special Adviser on Media and Communications, Ikharo Attah, said the Federal Ministry of Education had engaged KPMG Advisory Services to evaluate NBTE and come up with a future-fit organizational structure, governance model and operating framework.

According to Alausa, the exercise is aimed at strengthening the capacity, governance and service delivery of NBTE, in line with the Federal Government’s skills development agenda.

He said that a stronger NBTE was critical to achieving President Bola Ahmed Tinubu’s Renewed Hope Agenda and developing a skilled, productive and globally competitive workforce.

The assessment will identify gaps in governance, organizational design, processes, workforce capacity and service delivery and provide recommendations to improve the Board’s effectiveness, accountability and impact.

The generated transformation roadmap will provide a clear framework for aligning NBTE’s structure and operations with its statutory responsibilities and the broader TVET reform agenda of the Federal Government.

Alausa restated that polytechnic education is an integral part of Nigeria’s broader TVET ecosystem and must therefore be managed within the framework that prioritizes skills acquisition, employability, innovation and enterprise development.

This philosophy is guiding the ongoing review of polytechnic curricula and the development of National Occupational Standards (NOS) to ensure that training programs remain relevant to industry needs, technological advancements and emerging economic opportunities, he said.

With support from a ₦1 billion intervention from the Tertiary Education Trust Fund (TETFund), the curriculum modernization program has created 27 new National Occupational Standards and reviewed four existing ones, making a total of 31 reviewed standards.

The standards offer a more coherent and integrated skills development pathway across the education system, including artisan-level training, National Certificates, Ordinary National Diploma (OND) and Higher National Diploma (HND) programs.

The Minister stressed that the reforms are intended to ensure that graduates from technical education come out with practical, market-relevant competencies that enhance employability, foster entrepreneurship and improve national productivity.

From an industry perspective, Oluwole Adelokun, Partner, Strategy and Customer Solutions at KPMG Africa and KPMG in Nigeria, noted challenges and opportunities in Nigeria’s TVET sector. He said, “93 percent of the workforce is in the informal sector and nearly 12 percent of young people are neither in education, employment nor skills training.

He said Nigeria is second to Singapore in TVET graduate employability but pointed to the need to modernize the outdated curricula, overcome funding constraints and reduce the five-year curriculum review cycle.

Nigeria Launches Agritourism Village to Boost Economy and Food Production

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The Nigerian Minister of Agriculture and Food Security, Mr Abubakar Kyari, says agritourism will unlock the full potential of rural economies by blending agriculture with tourism to create jobs, ensure food security, and attract investments.

Speaking during the International Agritourism Investment Stakeholders’ Forum held in Abuja, Nigeria, the Minister stated that the initiative reflects the Renewed Hope Agenda of the present administration to translate policy into tangible benefits for farmers, entrepreneurs and communities.

The Minister, represented by the Director, Agribusiness and Market Development, Federal Ministry of Agriculture and Food Security, Mr. Ayodele Olawumi, stated that ‘the forum with the theme, “From Policy to Implementation: Advancing Agritourism for Food Security, Job Creation, Global Investment for Economic Diversification and Sustained Growth”, underscores the administration’s resolve to move beyond speeches into concrete action.

Mr Kyari stated further that by integrating farming with tourism, agritourism will diversify rural incomes, reduce dependence on oil, and showcase Nigeria’s cultural heritage, diverse landscapes and innovative farming practices to the world.

He noted that the International Agritourism Village is a living testimony of the transition.

The Village, he said, is designed as a model hub where agribusiness, hospitality and cultural tourism converge.

It features modern farm estates for climate-smart agriculture and processing facilities for value addition to strengthen food security and reduce import dependence.

Training institutes within the Village will equip youth and women with entrepreneurial skills, while eco-lodges and cultural centres will create thousands of jobs across farming, hospitality, logistics, and the creative industry.

Attract Investment

The Minister further revealed that the infrastructure is also positioned to attract domestic and foreign investment, boost foreign exchange earnings, and provide rural households with skills, market access, and infrastructure to lift families out of poverty.

Mr Kyari revealed that the Village is positioned to serve as the foundation for establishing the World Agritourism Organisation, with Nigeria at its helm. This, he stated, “will set global standards and position Nigeria as a leader in sustainable agritourism.”

The Ministry, he explained, is strengthening policy frameworks, deploying incentives such as tax breaks and access to land, and encouraging public-private partnerships to make Nigeria the most attractive destination for agritourism investment in Africa and beyond.

“The Village is ready, the communities are ready, Nigeria is ready, the time to invest is now,” Kyari stated.

In his remarks, the Chairman, Public-Private Partnership Cooperation, World Agritourism Organisation (WAO), Prof. Edwin Ozuzu, stated that the purpose of the initiative is not merely to deliberate, but to mobilise investment, strengthen partnerships, and commence coordinated execution of projects that would deliver measurable socio-economic benefits to Nigerians.

Prof. Ozuzu disclosed that “one of the flagship initiatives before us is the Nigerian Flagship Agritourism Village project to be developed across the States of the Federation.”

“This visionary project will integrate modern agriculture, tourism infrastructure, agro-processing industries, research and innovation centres, investment parks, training institutions, hospitality facilities, cultural heritage centres and rural enterprise development,” he noted.

In his welcome address, President, World Agritourism Organisation, Global Lead Advocate, Mr Trust Ogboi, stated that “we are witnessing the unveiling of the flagship Nigerian International Agritourism Village Project at Karshi South, FCT, Abuja, on 40 hectares designed to accommodate Federal and State Government Liaison Centre, private sector investment, farm estates and other integrated agritourism value chain developments.”

Mr Ogboi added that the programme complements other important proposed projects, including the World Agritourism Centre in Obi Local Government Area of Benue State and other agritourism developments across the country.

The highlight of the event was the unveiling of the Nigerian International Agritourism Village Project at Karshi South, FCT, Abuja.

Nasarawa Police Begin Crackdown on Political, Digital Thuggery

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The Nasarawa State Police Command has kicked off the National Campaign Against Political and Digital Thuggery in the state.

This is part of the effort to sensitize the youth on the dangers of political violence, criminality and the misuse of digital platforms.

The campaign, which was held in Lafia, the Nasarawa State capital, brought together youths and other relevant stakeholders.

The Commissioner of Police, Nasarawa State Command, CP Shetima Mohammed, representing the Inspector-General of Police, IGP Olatunji Rilwan Disu, called on the youths to be responsible citizens and peaceful participants in democratic processes.

The Police Commissioner, addressing the participants during the exercise, said that security is a collective responsibility.

He emphasized that lasting security goes beyond law enforcement and was built on prevention, partnership and shared responsibility among security agencies, government, communities and citizens.

The CP said political and digital thuggery are grave threats to peace, democratic values and national development, warning youths not to allow themselves to be manipulated or used as instruments of violence, criminality or social disorder.

He urged the youths to understand that their future is far greater than political and digital thuggery, while urging them to invest their youthful energy in civic education, entrepreneurship, innovation, education and positive values, which would promote social responsibility and contribute significantly to national security and development.

On the specific issue of digital thuggery, the Commissioner cautioned the youths against the use of social media and other digital platforms to propagate misinformation, disinformation, cyberbullying, digital manipulation, incitement and other forms of harmful online activities.

He urged them to reject political violence and criminality in every guise, saying that no political interest or personal gain is worth the sacrifice of their future, their freedom and the peace of the nation.

The CP urged the youths to embrace education, innovation, entrepreneurship, responsible digital citizenship and constructive civic participation as routes to personal fulfillment, sustainable development and national progress.

He also urged participants to be good ambassadors of Nigeria by promoting peace, tolerance, unity and responsible citizenship both offline and online.

The Commissioner stressed the importance of young people being careful in their use of digital platforms, advising them to “think before they click and verify before they share” any information online, especially information that could incite panic, hatred, violence or division among the public.

Eight Dead After Charter Plane Crashes in Alaska

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Eight people have died after a charter aircraft crashed near a remote military radar facility in western Alaska, according to the US military’s Alaskan Command.

The Cessna 441, operated by Anchorage-based air charter company Security Aviation, crashed west of Cape Newenham Long Range Radar Site Airport at about 12:15 p.m. local time on Thursday, the Federal Aviation Administration said.

The aircraft had departed from Anchorage International Airport and was travelling to Cape Newenham, according to an FAA spokesperson.

The Cape Newenham facility is part of a network of remote radar installations used to monitor aircraft operating in Alaskan airspace and along the state’s borders.

Authorities are investigating the cause of the crash.

ECOWAS Deepens Efforts to Harmonise Statistical Data Across West Africa

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The ECOWAS Commission’s Directorate of Research and Statistics has organised two regional workshops in Abidjan, Ivory Coast from August 18 to 22, 2026, to strengthen the production, quality, and harmonisation of statistical data within the ECOWAS region.

This forms part of the regional priorities for modernising statistical systems and fall within the framework of the PHASAOC project, which aims in particular, to improve statistical performance, access to data, and their use in member states, ECOWAS said on its website.

The first workshop which is focused on migration statistics, will host the 6th Regional Coordination Meeting on improving the availability, quality, and comparability of national data related to regional migration indicators.

The proceedings will, in particular, provide an opportunity to review and validate the third edition of the Regional Report on International Migration in West Africa, as well as to promote the dissemination of disaggregated statistics, in accordance with the guidelines of the ECOWAS Council of Ministers.

The second workshop focuses on capacity building for members of the National Coordination Committees and National Economic Policy Committees with a view to operationalising the Common Regional Frameworks for the Compilation and Publication of Macroeconomic Statistics.

This will help strengthen multilateral surveillance and support the implementation of the ECOWAS Pact on Macroeconomic Convergence and Stability.

Participants will also review the updating and populating of the ECOMAC and ECOBASE databases, as well as the processing and harmonisation of national statistics covering the period 2000–2025, to ensure their comparability and reliability.

The opening ceremony was attended by the Director General of the National Statistics Agency of Ivory Coast, Mr. Touré Brahima, represented by Mr. Thiékoro Doumbia, Director of Research and Statistics at the ECOWAS Commission, Professor Félix N’Zué as well as the ECOWAS National Focal Points, members of the Technical Working Group on Migration Data, representatives of the ECOWAS Commission’s technical departments, imcluding experts from AFRISTAT, AFRITAC-West, AMAO, IMAO, and the UEMOA Commission.

In his opening remarks, President of the National Economic Policy Committee of Ivory Coast, Mr. Hien Sansan, speaking on behalf of Mr. Adama Coulibaly, Minister of Economy, Finance, and Budget of the Republic of Ivory Coast, welcomed the various experts present in Côte d’Ivoire.

He emphasised the importance of the meeting, which will promote the adoption and effective implementation of regional frameworks for the compilation and publication of macroeconomic statistics necessary for multilateral surveillance.

The Director of Research and Statistics at the ECOWAS Commission, Professor Félix N’Zué, representing the President of the ECOWAS Commission, Dr. Omar Alieu Touray, and the Commissioner for Economic Affairs and Agriculture, Dr. Kalilou Sylla, welcomed the participants to the two day workshops.

Vision 2050
The workshops are part of the ambitions of ECOWAS Vision 2050 and the ECOWAS Statistical Policy, adopted by the Heads of State and Government, which recognises statistics as a regional public good essential for planning, monitoring public policies, and assessing progress toward regional integration.

“Without harmonised, comparable, and regularly produced statistics, it would be difficult to objectively assess the progress of our member states, guide economic and social policies, and measure the concrete effects of our regional programs. Statistics are no longer just numbers. Today, they constitute a strategic tool for governance, transparency, and foresight,” Professor N’Zué stated.

In the same vein, the Director General of the National Statistics Agency of Côte d’Ivoire, Mr. Touré Brahima, representing Mr. Thiékoro Doumbia, commended the ECOWAS Commission, which, through its Directorate of Research and Statistics, is stepping up initiatives to promote better production and use of statistics in the region.

The ECOWAS Commission reaffirms its commitment to promoting reliable, harmonised, and accessible statistical data, which are essential for developing evidence-based public policies and strengthening regional integration.

2027 Presidency: Obi Promises Campaign Free From Ethnic and Religious Sentiments

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As campaigns begin for the 2027 general elections, the presidential candidate of the Nigeria Democratic Congress, NDC, Mr Peter Obi has marshaled out his plans for Nigerians pledging to run a campaign devoid of ethnicity and religion.

Obi also gave a blow by blow account of how he will develop the country including his areas of concentration in the various regions of the country while speaking to journalists at a world press conference in his home in Onitsha, Anambra State on Friday.

He said the election is a defining moment for Nigeria’s democracy, and gives Nigerians the opportunity to assess the records, ideas and plans of those seeking their mandate to lead their country at a time of grave uncertainty in a rapidly changing world.

Here is part of his text: “I consider myself quite privileged to be one of those seeking your mandate to deal with these challenges facing our country. I bring to this contest one unshakable conviction: Nigeria can work, Nigeria must work. Nigeria has a number of serious challenges. Some are truly existential in nature.

The IMF estimates that 63% of Nigerians, or over 140 million people, live at or below the national poverty line, while humanitarian agencies estimate that 35 million people will need food assistance in the 2026 lean season. Some 3.6 million Nigerians are internally displaced, mostly because of conflict and insecurity.

Every year millions of young people enter the labor market, but far too many find it difficult to find productive opportunities. Households continue to be burdened and enterprises constrained by weak infrastructure, unreliable power, insecurity and the high cost of doing business. These are not statistics. They reflect the daily realities of Nigerian families, farmers, workers, students and businesses.”

Obi, who vowed to run a campaign free of ethnicity and religion, said: “The campaign period is a period of opportunity for every citizen to participate in the national conversation. Nigerians must examine each candidate’s record and proposals; ask hard questions; and demand evidence behind every promise.

“We must challenge ideas without hate, compete without violence and disagree without weakening the bonds that bind us. “When Nigerians make their choice, that choice must be respected.

“Nigerians should reject and dismiss any campaign that is driven by propaganda, ethnicity, religion, elitism and cronyism. “My team and I, as we travel across the country, will listen to Nigerians, understand their needs and concerns and assure them that we have the competence, character and compassion to lead and reset Nigeria for the good of all.

Obi, who promised to strengthen the six geopolitical zones, espoused the strength of Nigeria’s diversity. “Nigeria’s diversity is an economic strength. Each region has its own assets, and national policy must unlock those assets and link them to one productive economy.

“The Northwest can grow agriculture, livestock, irrigation, agro-processing and manufacturing while improving education and security. The Northeast has the potential to accelerate reconstruction, restore livelihoods and expand agriculture, education, enterprise and regional trade.

“The North-Central can increase food production and processing even as it develops its mineral resources responsibly. The Southwest has the opportunity to build on its strengths in manufacturing, technology, finance, trade and the creative economy.

“The Southeast can boost its entrepreneurial and industrial strength through better infrastructure, stronger connectivity and greater access to investment. The South-South can provide more value-added to oil and gas and expand maritime services, fisheries, agriculture, and other productive sectors with stronger environmental protection.

“The Federal Capital Territory has to show what good urban planning, transportation, housing, sanitation, security and public services can achieve. Every region must generate. All regions must contribute. Every region must get a benefit.”

The presidential hopeful seized the occasion to speak about his pedigree in governance, saying, “My successful private-sector experience, studies in institutions of repute on policy and business matters, and my service as Governor of Anambra State have shaped my understanding of public leadership. Government must be responsible in its use of resources, it must establish clear priorities and it must measure the outcomes of its decisions. Public office is a public trust. It is not a reward for services.

“In Anambra, I concentrated on the fundamentals of long term development; education, healthcare, infrastructure, fiscal discipline and institutional capacity. I do not offer that record as perfect, but as an experience from which Nigerians can draw their own conclusions.

“Senator Rabiu Musa Kwankwaso has a complementary but different governing experience. As Governor of Kano State, he emphasized education, technical training, scholarships, infrastructure and human-capital development. His administration’s investment in education and skills reflected an appreciation that the people are the most important long-term resource of any state.

“Our experiences are different, but we agree on the conclusion that Nigeria must invest in its people and manage public resources with discipline,” Obi said.

NGX Extends Losing Streak to Eight Sessions, Market Cap Drops N5.45tn

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Investors in the Nigerian stock market lost a total of N5.45 trillion as the equities market continued its bearish run for the eighth straight session on Thursday.
It was reported that since Tuesday, August 11, 2026, the Nigerian Exchange Limited (NGX) listed stocks have continued to witness sharp decline.

Investors on the NGX lost N3.8 trillion in four straight bearish sessions last week.

From Monday to Thursday this week, stocks on the NGX have lost a total of N1.65 trillion.

Hence, the losses in the last eight trading sessions alone were at N5.45 trillion, erasing gains earlier made in the market.

Market summary for Thursday
The market on Thursday continued its bearish run, with investors losing N440 billion, following sustained profit-taking in large and mid-cap stocks.

Market capitalization declined by 0.30 per cent or N440 billion from N155.417 trillion at the opening of trading to N154.977 trillion at the close of trading.

Haldane McCall topped the gainers’ chart with a gain of 9.38 per cent to close at N3.85, while International Energy Insurance topped the losers’ chart, dropping by 9.85 per cent to close at N4.30.

It is said the poor performance of insurance stocks has been brought about by the implementation of the Nigerian Insurance Industry Reform Act 2025, after the National Insurance Commission revoked the licences of Universal Insurance and Nigeria Reinsurance in recent weeks.

Adeleke Meets Wike in Abuja After Presidential Meeting With Tinubu

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Re-elected Governor of Osun State, Ademola Adeleke, paid a courtesy visit to the Minister of the Federal Capital Territory, Nyesom Wike.

It is understood this is as part of a series of consultations in Abuja after his recent election victory.

The meeting was disclosed in a photograph posted on social media by Wike’s media aide, Lere Olayinka.

In the photo, Adeleke is seen shaking hands with the FCT Minister while they both hold the governor’s certificate of return.

Olayinka captioned the picture, “Governor Ademola Adeleke visits FCT Minister, Nyesom Wike.”

Recall that the visit was hours after the governor met with President Bola Tinubu in a closed-door meeting at the Aso Rock Presidential Villa.

At the meeting, the governor presented his certificate of return, and thanked the people for the conduct of the August 15 governorship election.

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Tinubu told the governor that the State Governor did not conquer anyone, but won an election.

He told Governor Adeleke not to stigmatize his opponent after the result of the Osun gubernatorial election, saying “whoever does not celebrate a free and fair election does not deserve the laughter and happiness of democracy.”

“Do not stigmatize any of your opponents,” he said. And the people of Osun State passed their judgment on you that they love you, they want you to govern. So you’re going back to rule.

Anybody, any democrat, anybody in the political environment who cannot celebrate the joy of a free and fair election does not deserve the laughter and the happiness of democracy.

“Don’t make an individual a victim of your campaign. Don’t do that! Not for yourself only. Not for Osun, not for the generations ahead. It’s more important that you build unity network.

“As I said, you didn’t conquer anyone. You won a poll That is what democracy is all about. I’m so glad we have this talk.”

DSS Foils Kidnap Operation, Arrests Three Suspects and Rescues Victim

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Nasarawa State: Three suspected kidnappers have been arrested by operatives of the Department of State Services (DSS) in Nasarawa State and a victim rescued.

One suspect was arrested at the hideout of the criminals in Atabula, Duduguru community, Jenkwe Development Area while the remaining two suspects were tracked and arrested at a hotel in Lafia, the state capital.

The security operatives also burned down the makeshift camp used by the criminals, and recovered cash, five mobile phones and other items during the raid.

Governor Abdullahi Sule described the arrest as a demonstration of the effectiveness and dedication of the security agencies in a statement issued on Thursday by the Chief Press Secretary to the Governor, Ibrahim Addra.

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Governor Sule commended the security agencies for their vigilance and determination to combat crime and criminality in the state.

He urged them to keep the momentum and be steadfast in the fight against criminal elements in all parts of the state.

The governor assured the security agencies of continued support of his administration in the discharge of their responsibilities.

Governor Sule also urged citizens to be vigilant and to pass on credible, useful and timely information to security agencies.

“Peace and security in the state require collective vigilance and cooperation,” he said.

FG Secures N7.2trn Through Bonds to Strengthen Government Financing

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The federal government has so far this year raised almost N7.2 trillion through bond auctions, thus placing the domestic financial system at the center of an increasingly difficult effort to finance the country’s widening fiscal needs, data obtained by Daily Sun revealed yesterday.

The data indicated the total raised by the Debt Management Office (DMO) excluded borrowing through treasury bills, sukuk and other instruments. It nevertheless gives an early indication of the scale of government recourse to banks, pension funds, asset managers and other local institutions as the country seeks to fund a N31.5 trillion budget deficit.

The budget provides for domestic borrowing of about N29 trillion, it said. So far, the DMO has raised less than a quarter of that target through bond auctions and has a large financing requirement for the rest of the year at the current pace. The problem is not just whether investors have enough money to absorb the supply, but whether the government can keep raising money without pushing up borrowing costs and diverting credit from businesses and households.

At its recent bond auction, the debt office sold N805.2 billion in competitive allotments across the January 2035, April 2037 and June 2038 maturities, below the N1.1 trillion on offer. But total sales increased to almost N1.6 trillion after N752.3 billion in non-competitive allotments.

Total subscriptions stood at N1.7 trillion, translating into a bid-to-cover ratio of 2.1 times versus 1.9 times at the previous auction. Rather, the DMO seemed reluctant to accept bids at yields that it thought were too expensive.

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The bond with the highest demand was the June 2038 bond, which recorded bids of N821.3 billion against competitive sales of N631 billion. The DMO also sold N742.3 billion of the same instrument through non-competitive sales. The bond was sold at a marginal yield of 17.79 per cent although bids were as high as 19 per cent.

This pattern was more pronounced in the January 2035 note. Investors bid N513.6 billion for the security, but the DMO allotted N64.1 billion. The bids were from 16% to 22.6% and the final marginal rate was 17.15% The outcome suggests that the agency is limiting borrowing to avoid higher funding costs being reflected in the public debt stock.

Such restraint may become more difficult to sustain. Banks are likely to stay among the biggest buyers of sovereign debt, especially since government securities provide a liquid, relatively low-risk outlet for funds, Quest Merchant Bank said in an emailed note to Daily Sun.

The bank said the strong demand at the auction was a sign of increasing expectations that yields may have peaked after recent moderation in inflation and the prospect of a sustained disinflationary trend.

Therefore, as it said, investors are keen to capture higher yields, particularly at the long end of the curve.

But industry experts said a more aggressive sovereign borrowing program could soak up liquidity that could have otherwise gone to corporate lending, trade finance and consumer credit.

The risk is even more acute for smaller companies which already face high lending rates and limited access to formal credit. If banks can earn near 18 per cent on long-dated government debt – with lower credit risk and lower operational costs than private lending – the incentive to lend to riskier businesses is reduced.

Pension funds and asset managers may also continue to favor long-dated sovereign paper as they try to lock in elevated returns before inflation and rates fall. This could bolster the DMO’s funding program, but it would increase the financial system’s exposure to the sovereign when public debt-service costs are high relative to government revenues.

“That said the agency still has a long way to go to meet its domestic funding target of about N29 trillion as outlined in the budget.

“We expect strong investor demand, supported by easing inflation and expectations of a gradual decline in yields,” Quest Merchant Bank said.

The FG therefore finds itself in a narrow corridor of policy. It must finance a large deficit, maintain investor confidence and cope with a growing debt-service burden, without a borrowing strategy that starves the private sector of credit.

Hence, the ability of the DMO to keep that balance will determine not just the credibility of the budget but also availability and cost of financing for Nigerian businesses.