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EHINGBETI 2021: AfDB President, Akinwumi Adesina Speaks

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Your Excellency, President Muhammadu Buhari GCFR, President of the Federal Republic of Nigeria;
Honorable Babajide Olusola Sanwo-Olu, Executive Governor of Lagos State;
Your Excellencies, Executive Governors, Honorable Ministers,
Honorable Commissioners and senior members of the Lagos State Government
The Youth and the Women of Lagos,
Esteemed members of the media,
Distinguished Guests,
Ladies and Gentlemen.

Let me start Mr President by offering my congratulations to you on the election, yesterday, of my sister, Ngozi Okonjo-Iweala as the Director General of World Trade Oraganisation. What a day it is. The first woman to become the head of that organization. The first black person. And of course, the first African. And of course, should I add with pride, the first Nigerian.

Mr President, you supported me greatly as well when I was re-elected for my second term as President of Africa Development Bank. Go Nigeria. Congratulations to everybody.

I wish to commend you, Governor Sanwo-Olu for your visionary leadership and selfless commitment to the people of Lagos State. You are young, dynamic and focused with an eye on the future – the future Lagos.

I will like to congratulate all the past governors of Lagos State, who have worked to make it what it is today. Just last week, we lost one of them, the late Chief Lateef Kayode Jakande, the dynamic, people-centered governor – the “action governor” of Lagos. May his soul rest in peace.

As a child growing up in Nigeria, some of my most fun memories was to have a chance to travel to Lagos. I loved the beans “ewa aganyin” sold by the incredible women – local chefs – and would do anything to travel more than 120 kilometers from Ibadan just to have a taste and go back.

Lagos is a melting pot of fun, always buzzing with such excitement, that I used to ask my Dad “when are we going to the Bar Beach in Lagos?”.

Everyone wants to be in Lagos, forget the noise, forget the traffic — so much so that the population of Lagos grew from 500,000 persons in 1959, just before Independence in 1960, to nearly 20 million inhabitants today.

The city is expanding at an astonishing rate of 77 persons every 60 minutes. By 2030, Lagos is projected to be one of the ten largest cities in the world, alongside Cairo and Kinshasa.

To understand the potential of Lagos, think of the size of the economy. The GDP of Lagos estimated at over $80 billion, is far larger than that of Ghana at $67 billion, and compares closely to Kenya’s GDP of $95.5 billion.

If you are looking for a place to invest in Africa: think Lagos! According to the United Nations, Lagos will become the third-largest consumer market in the world within the next decade, with its population projected to reach 36 million people.

The greater wealth of Lagos, in the future, will come from the youth of Lagos. Today, almost two-thirds of the population is under the age of 30. That means some 2/3 of my speech should be devoted to how to unlock this demographic youth advantage and turn it into wealth for Lagos!

The youth are not the problem of Lagos, the youth are the assets of Lagos. It is time to create youth-based wealth in Lagos.

The past must yield to the present, the old to the new. The dominant phrase should not be “the young shall grow”, it must be “the young have arrived”.

Not only must there be a generational shift, there must be a wealth shift by unlocking the potential of the youth. We must not see the youth as risks, we must see the youth as assets.

The young shoots are springing up. Today, Lagos has its own Silicon Valley. Yabacon Valley has emerged as one of the leading tech hubs in Africa with between 400 and 700 active start-ups worth over $2 billion, second only to Cape Town.

Andela, a global technology start-up based in Yabacon Valley, recently attracted $24 million in funding from Facebook founder Mark Zuckerberg.

The $200 million investment by Stripe (a Silicon Valley firm) in the local payments company Paystack, and $400 million into three Fintech companies in just one week in 2019 signals the huge potentials of Lagos to attract global digital commerce and financial services.

The African Development Bank is implementing a programme to support Africa’s youth in computer coding for employment. Launched in 2018, the Bank’s “Youth in Africa Coding for Employment Program” has already equipped over 80,000 young people with ICT skills to enhance their employability in this digital era.

I applaud the government of Lagos for launching its “Digital Skills Initiative Lagos” to equip one million students with digital skills by 2023.

The youth do not need empowerment. Look around, often those who say they are empowering them are actually simply empowering themselves. The youth do not need handouts. The youth need investment.

That’s why the African Development Bank is developing the establishment of Youth Entrepreneurship Investment Banks. They will be financial institutions for young people, run by first-rate young bankers and financial experts, to drive youth-wealth creation in Africa.

The African Development Bank will put its capital at risk for the future of the youth of Africa, and that is a risk worth taking!

The wealth and prosperity of Lagos must be for all – a Lagos by all, a Lagos for all.

Progress is being made, as the poverty rate in Lagos has declined in the past one decade, from 40.3% in 2009 to 4.5% in 2019. That is a remarkable achievement. Congratulations!

Yet, more than 50% of the population of Lagos live in slums, without water, sewage, or electricity. While some advocate for slum upgrades, I do not believe in slum upgrades.

There are no five star slums!

Significant investments will be needed for decent and affordable housing for low-income people, in roads, electricity, water, sewage systems, and waste disposal, for local governments, especially those in poor areas.

A prosperous Lagos must also be a healthier Lagos; and a healthier Lagos will be a more productive Lagos.

The future Lagos must be knowledge-based. Two of the universities in the State, Lagos State University and the University of Lagos, rank 2nd and 3rd in University rankings in Nigeria. They also rank 10th and 14th among African Universities.

A lot more work is needed to deepen the tertiary education system, especially in science, technology, engineering and mathematics; and connect them to well-funded secondary and primary schools, to build the human capital for growth and prosperity.

We must turn the universities in Lagos to world-class universities, and connect them better to industries, to provide the students with the knowledge and skills for the jobs of tomorrow.

The future Lagos must be one that is climate-smart, green and resilient. With global climate change, and rising sea-levels, the city faces significant risks of flooding and coastal erosion. Climate-proofing the development of Lagos must therefore be an urgent priority.

The landmark Eko Atlantic project, to save the sea shores of Lagos, and the rest of the state from the waves of the Atlantic, is one of the most innovative climate resilient urban infrastructure development that I have seen, anywhere.

There is a need to invest massively in greening the transport system, reducing pollution, and making the transport system more efficient.

The African Development Bank is looking into supporting the Lagos Metropolitan Transport Authority in its drive to introduce Compressed Natural Gas into the public transportation system.

And by using drones, CCTV cameras and satellites, Lagos should be turned into a smart city, to enhance security, which will further boost attractiveness for investors.

This is all the more important with the establishment of the African Continental Free Trade Area, the world’s largest free trade zone worth $3.3 trillion in combined GDP.

Lagos is well positioned.

Developing inter-connections with the Apapa Port (when you can get there!) with more efficient road and rail systems will enhance its linkage to countries along the Lagos-Abidjan corridor, a major part of the Trans-African Highway.

The African Development Bank will continue to support transformative projects that will benefit Lagos State and the Nigerian economy.

For example, the African Development Bank is financing the development of the Abidjan-Lagos Highway Corridor. This project, which is part of the Trans African Highway, will dramatically improve road connectivity between Lagos and other coastal cities in West Africa.

The African Development Bank will support the Lagos Sky-Train project, which will help to decongest the city and provide safe, reliable and affordable public transport services.

The African Development Bank is also supporting the Lagos State government to implement our first sub-national financing operation in the power sector. This will pilot the rollout of electricity cooperatives, as franchises, that will provide reliable electricity services to 60,000 households in unserved and under-served periurban and rural areas.

To make faster progress, the private sector must be mobilized to support the creation of the new Lagos – the Lagos we want. Public-private partnerships should be prioritized.

Fiscal incentives should be provided for the private sector to invest in infrastructure, housing and digital financial services for wider financial inclusion, especially for women.

After all, women run Lagos!

Resource mobilization will continue to be critical, especially leveraging the institutional investors such as the pension funds. Lagos itself should have its own sovereign wealth fund to finance its future.

Taxes have been the key for financing Lagos, the highest in Nigeria, estimated at N 400 billion in 2019.

But to whom much is given much is expected.

Taxes require a social contract between the government and the citizens. The taxes of the people belong to the people, not in pockets of individuals.

There must be accountability for the taxes collected from citizens, through transparent tax collection and administration.

Your Excellency, Mr. President, Your Excellency the Executive Governor of Lagos, distinguished ladies and gentlemen,

I see a greater Lagos.

A Lagos where dreams are made.

A Lagos where visions are turned into realities.

A Lagos where women thrive.

A Lagos where the youth shine.

A Lagos, thriving and prosperous, with wealth shared by all.

A Lagos, where like my experience growing up, we can pass on to the
future generations to come and see — with pride.

Lagos is a center of excellence.

Lagos — arise now and excel!

Thank you all very much.

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What’s the Proof That Bandit Kingpin’s Mother, Sister Got 40-Years Combined Jail Term?

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By Ekunode Ayomipo Jolaoluwa

A claim circulating online alleging that the mother and sister of a notorious bandit kingpin were sentenced to 40 years imprisonment for aiding terrorism activities has continued to generate public interest and reactions.

A review of the claim shows that Nigeria’s security agencies and judicial authorities have, in recent years, intensified efforts to dismantle criminal networks by targeting not only suspected bandits and terrorists but also individuals accused of providing logistical, financial or operational support to such groups. This approach forms part of broader efforts to curb insecurity across affected regions of the country.

However, despite the widespread circulation of the claim, available information does not provide sufficient evidence to independently confirm that the individuals depicted in the image were convicted and sentenced to a combined 40-year jail term for terrorism-related offences. No official court documents, statements from relevant authorities, or verifiable judicial records were readily available to substantiate the specific details presented in the image.

The absence of key information, including the identities of the accused persons, the location of the trial, the date of conviction, and the court that allegedly handed down the sentence, makes it difficult to establish the authenticity of the claim. Such details are critical in verifying reports of criminal convictions, particularly in cases involving terrorism and national security.

Experts in media verification advise that claims relating to criminal prosecutions should be supported by official records and credible sources before being accepted as factual. Without such supporting evidence, there remains a possibility that the information may have been presented without adequate context or may be inaccurate.

While the Nigerian government has maintained a firm stance against terrorism, banditry and related crimes, and courts have handed down significant penalties in proven cases, the specific claim regarding the alleged conviction of a bandit kingpin’s mother and sister could not be independently verified at the time of this review.

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Shalina Healthcare Launches Franchise Drive to Bridge Nigeria’s Diagnostics Testing Services’ Gap

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At a landmark two-day summit in Abuja, Africa’s fastest-growing diagnostics chain unveiled a hub-and-spoke franchise model promising a bold target of 500 Points of Care across Nigeria in next 3 years.                           

Nigeria is losing more than one million citizens every year — not to untreatable disease, but to a healthcare system that cannot tell patients what is wrong with them in time. That is the stark figure Shalina Diagnostics placed before an audience of pharmacists, doctors, clinic operators, and investors gathered this week in Abuja for the company’s inaugural Franchise Partners Meet.

The event, spanning two days at the nation’s capital, marked the most public and ambitious statement yet from a company that three years ago set out to do what no pan-African private operator has managed: build a standardised, affordable, technology-backed chain of diagnostic laboratories across Nigeria, and eventually across the continent.

Speaking to delegates, Shalina Diagnostics CEO Mr. Nalin Singla framed the problem in three simple facts: there are not enough labs; the premium chains that do exist are priced out of reach for the common man; and local labs lack the trust, the consistency, and the fast turnaround that patients and clinicians depend on.

“One million-plus Nigerians die every year due to lack of quality and timely testing. This is a problem the market cannot ignore.”

– Abbas Virji, MD, Shalina Healthcare

The company’s answer is a hub-and-spoke model it based on 3 pillars : Quality, Affordability, Availability. Under the model, franchise partners operate small patient-facing collection centres and labs, gathering samples which are then processed at Shalina’s central reference laboratories equipped with advanced diagnostic technology. Results are returned electronically with agreed turnaround times.

Shalina Healthcare Managing Director Mr. Abbas Virji, who first conceived the diagnostics arm after COVID-19 exposed the country’s testing deficit, told the summit that the network effect of scale is the key to making affordability sustainable. “By having more collection points and more scale, we can achieve lower prices for testing. The power of the community coming together, having one system — that is how we solve this.”

A BUSINESS CASE BUILT FOR ENTREPRENEURS 

For aspiring franchise partners, the numbers Shalina presented were designed to dispel the notion that healthcare is an expensive sector to enter. A collection centre can pay back within three months and a full-service satellite lab achieves payback within six months, with the potential to scale as the network grows.

 

“You bring the location. We bring the lab. That is the entire model.”

  • Nalin Singla, CEO, Shalina Diagnostics

A 27-YEAR LEGACY THAT COMMANDS TRUST 

Shalina Diagnostics does not arrive in Nigeria as an unknown quantity. Shalina Diagnostics is a company launched by Shalina Healthcare, a group that has been manufacturing and distributing medicines across Africa for more than four decades, operating in 18 countries with 108 distribution depots on the continent. In Nigeria alone, the parent company has been present for 27 years, touching the lives of 40% Nigerians through 17,000 healthcare professionals, running a one-billion-tablet factory in Lagos, and more than 150 products registered with NAFDAC. The diagnostics business, now three years old, already has over 30 locations in 4 countries.

Ms. Opeyemi Akinyele, Managing Director of Shalina Healthcare Nigeria, told the summit that the diagnostics expansion is a natural extension of a mission the company has pursued since 1999. “We are anchored in three pillars — Quality, Affordability, Availability — and we are committed to delivering better health outcomes for every Nigerian.”

The company counts household names among its Nigerian pharmaceutical brands — Shal’Artem, Ibucap, Germol, Epiderm — and has  earned the trust of the Pharmaceutical council of Nigeria and the Nigerian Medical Association, while the manufacturing facility has earned the commendation of NAFDAC & The House Committee onAIDS, TB and Malaria (ATM). That institutional credibility, the company argues, is something no start-up franchise competitor can replicate.

THE SCIENCE CASE: WHY DIAGNOSTICS CANNOT WAIT 

The clinical argument for the summit was made by Dr. S.A. Sani, Associate Professor of Surgery and Consultant Surgeon at the University of Abuja Teaching Hospital, who laid out in unambiguous terms why access to diagnostics is not a luxury but a prerequisite for modern medicine. “Diagnostics affect approximately 70 percent of all healthcare decision-making,” Dr. Sani told delegates. “They guide prevention, screening, treatment, and monitoring. Without them, clinicians are flying blind.”

Article contributed by Vincent Ikuomola, a health correspondent based in Abuja

 

Photo: From left: Chief Operating Officer Shalina Diagnostics, Mr. Gaurav Bahl, MD Shalina Healthcare Nigeria, Opeyemi Akinyele, Global Head Commercial, Shalina Diagnostics, Jayant Rajani, Group Managing Director, Shalina Healthcare, Mr. Abbas Virji, Chief Executive Officer Shalina Diagnostics, Mr. Nalin Singla and Country Head, Shalina Diagnostics, Manoj Walia, during the day 2 of Shalina Diagnostics Franchisee meeting in Abuja Tuesday Photo

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The Judicial Coup That Failed: How Desperate Power Mongering Manufactured the FHC Abuja Ambush Against Opposition Parties

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By Comrade Ibrahim Garba Wala (IG Wala)

The Handshake Movement has watched with a mix of amusement and deep patriotic concern the frantic, desperate, and legally hollow theatrical display performed today at the Federal High Court, Abuja, presided over by Justice Peter Lifu.

Let it be known to the perpetrators of this palace script, the underground puppet masters, and the anxious Nigerian public: this is not a judgment; it is a political hatchet job dressed in judicial robes, and its bubble is already burst.

1. Stripping the Mask.
The Fingerprints of the Office of the Chief of Staff
We in The Handshake Movement do not speak in parables. We deal in hard truth and intelligence. The so-called “National Forum of Former Legislators” who initiated this suit are not independent actors driven by constitutional purism. They are political mercenaries, specifically assembled from the network of individuals who served and worked closely with the former Speaker of the House of Representatives, who today commands the office of the Chief of Staff to the President.

The strategy was simple but clumsy: use a shadow proxy group to establish plausible deniability for the presidency, while deploying the weight of the state to strangulate the political space. To make this collusion even more laughable, the Attorney-General of the Federation and Minister of Justice, an official who is supposed to represent the entire federation, bizarrely abandoned all pretenses of neutrality in April and joined the matter as a plaintiff.

This is a textbook institutional gang-up. It is a manufactured, state-sponsored ambush designed to eliminate the African Democratic Congress (ADC) and other viable opposition platforms because the ruling elite is terrified of a fair contest in 2027.

2. The Legal Absurdity and Judicial Contempt!
To the legal mind, today’s pronouncement is a house of cards built on shifting sand. It completely collapses under the weight of two undeniable facts:

A. Overriding the Constitutional Regulator.
The Independent National Electoral Commission (INEC), the only body legally empowered to register and evaluate political parties, filed an explicit counter-affidavit stating under oath that the ADC has met all constitutional thresholds, broken no laws, and that no basis for deregistration exists. For a trial judge to ignore the regulator’s own submission in favor of a proxy group’s political sentiments is an extraordinary judicial overreach.

B. Defying the Superior Court.
More egregiously, Justice Peter Lifu was fully aware of a subsisting order of the Court of Appeal issued on May 22, 2026, directing a strict stay of proceedings on this very matter. By choosing to flagrantly bypass an active directive from a superior court to rush out this verdict, the judge has engaged in a form of institutional rascality that undermines the entire hierarchy of the Nigerian judiciary.

3. The Panicked Subversion of a Failing Regime.
We must ask ourselves: Why the panic?
Why the desperation to wipe viable alternatives off the ballot right after they have successfully concluded their primaries and fields?

The answer lies in the streets of Nigeria. The incumbent administration is facing a massive, irreversible crisis of legitimacy. Having failed completely to secure the lives of our citizens from rampant insecurity, and having plunged millions of families into unprecedented, crushing economic hardship and starvation, the ruling party knows it cannot face the Nigerian electorate in 2027 on the merit of performance.
Because they cannot convince the voters, they have resorted to trying to choose the voters’ options for them. This judgment is a desperate attempt to manufacture a civilian dictatorship by judicial decree. They want to hand a second term to the incumbent without a contest.

Our Unshakeable Position: The Bubble is Burst.
The Handshake Movement warns those who are playing with this political fire to cease and desist immediately. Nigeria belongs to its citizens, not to the whims, caprices, and survival instincts of a panicked cabal operating from the corridors of power.

1. To the Judiciary.
We are immediately petitioning the National Judicial Council (NJC). A judge who actively disregards an appellate court’s stay of proceedings order cannot be allowed to bring the entire legal institution into disrepute for partisan convenience.

2. To our Candidates, Mobilisers, and Millions of Citizens.
Remain completely calm, resolute, and focused. This judgment is legally dead on arrival. The moment the appeal is entered and an immediate Stay of Execution is filed, this desperate ambush is frozen. Do not halt your campaigns. Do not slow down your grassroots structures.

3. To the Oppressors.
You have miscalculated. By trying to bury the opposition through backdoor maneuvering, you have only succeeded in unmasking your desperation and uniting the democratic forces of this country against you.

The ADC and the coalition of progressive movements will be on the ballot in 2027. Democracy cannot, and will not, be strangled in Nigeria.

Comrade Ibrahim Garba Wala (IG Wala) is the Lead Advocate, The Handshake Movement

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