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Paris Summit: Foreign Investors Showing Interest In Nigeria’s Agric Sector — Dele Alake

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Dele Alake, special adviser to the president on special duties, communication, and strategy, says world leaders have expressed their interest in meeting with President Bola Tinubu to discuss potential investment in Nigeria.

Alake spoke to journalists after a meeting with Tinubu in France on Wednesday.

Departing Nigeria on Tuesday, Tinubu is one of the world leaders expected to attend the New Global Financial Pact Summit slated for June 22 and 23 in France’s Palais Brongniart.

Alake said the participation of the country in the summit was to network with international finance corporations and institutions as well as countries.

The president’s special adviser said leaders from the United States of America, France, and Switzerland have already indicated interest to meet Tinubu, especially after the implementation of the government’s policy on foreign exchange rate unification, removal of domiciliary account restrictions, among others.

In his inaugural speech on May 29, Tinubu had said the “monetary policy needs thorough house cleaning”, adding that the apex bank must “work towards a unified exchange rate”.

Consequently, the CBN floated the naira, unifying all segments of the forex exchange (FX) market.

Alake said apart from the immediate, short, and long term positive effects of the unification policy, an infusion of direct FX into the economy might be necessary to support the value of the naira while market forces stabilise.

He said an injection of foreign direct investment (FDI) was needed to complement the country’s domestic policies.

“There are several heads of state of developed societies that Mr. president’s policies in the last three weeks have really encouraged to become more interested in the affairs of Nigeria in shoring up the economy,” he said.

“So, a lot of them are quite interested; so many of them have even indicated interest to meet with Mr. president on this trip. Some time ago, we were having a meeting with the president structuring some of these meetings with heads of state upstairs.

“At the last count, about three to four different heads of state of developed countries have indicated the willingness to meet with him, have a chat with him, and explore areas of cooperation, on the economy, on agriculture, and on other areas that are salient to the development of Nigeria’s economy. That is generally the essence of this meeting.”

Alake added that a number of countries have also shown interest in signing deals with Nigeria.

“Quite a number of them: the US, France itself, Switzerland, and one or two others that I cannot readily recall now. There are so many institutions and international financial institutions that are also willing to see him,” he said.

BIG STORY

Protest Rocks Lagos Over Alleged Killing Of Marwa Driver By NURTW Boss

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A 55-year-old transport union leader on Lagos Island, Shamsideen Oladiti, widely known as Shamelon, has been taken into custody over accusations of assault and murder.

The Lagos State Police Command confirmed his arrest in a statement on Friday, noting that Oladiti is being detained at the State Criminal Investigation Department (SCID), Panti-Yaba, where investigations into both incidents are ongoing.

Information made available indicates that on September 17, 2025, around 3 p.m., the suspect attacked a dispatch rider in Lagos Island, allegedly using his fists and a helmet to inflict serious injuries.

The rider was rushed to a hospital and is said to be receiving treatment on oxygen support.

It was gathered that Oladiti had earlier been accused in another case linked to an altercation on August 28, 2025.

In that encounter, he allegedly used a metallic ring to repeatedly strike a man on the head and face, causing severe wounds.

Despite medical attention, the man passed away on September 17, 2025, and his body has since been deposited in a mortuary for autopsy.

News of the victim’s death sparked protests at the suspect’s office in Sandgrouse Market, Lagos Island, where mourners of the deceased set two motorcycles ablaze, escalating tensions in the area.

Lagos State Commissioner of Police, CP Olohundare Jimoh, led a team of mobile policemen, tactical squads, and regular officers to the scene to restore calm.

He assured residents that the suspect remains in custody and would face charges once investigations are finalized.

The commissioner also appealed for calm, urging Lagos residents to remain peaceful and law-abiding while stressing the police command’s commitment to delivering justice.

Meanwhile, the command’s spokesperson, SP Abimbola Adebisi, clarified that the dispatch rider attacked on Wednesday is still alive, contrary to earlier reports of his death.

She said: “We have confirmed from the family that he is still alive. He is not dead, although he is currently breathing with the aid of oxygen.

“The one who died passed on September 17th. He was also beaten by Oladiti on August 28th but died on Wednesday, September 17th.”

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Fubara To Address Rivers People At 6pm

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The reinstated governor of Rivers State, Siminalayi Fubara, resumed duty at the Government House, Port Harcourt, on Friday and announced plans to address residents of the state by 6 p.m.

His return comes after the expiration of the emergency rule imposed on the state by President Bola Tinubu on March 18.

Earlier on Friday, Fubara arrived at the Port Harcourt International Airport, Omagwa, accompanied by his wife, Deputy Governor Prof. Ngozi Nma Odu, Chief of Staff Edison Ehie, and other officials.

He was warmly received by former commissioners, local government chairmen, and other political leaders who gathered to welcome him.

Upon his arrival at the Government House, the governor expressed gratitude to Rivers people for their overwhelming show of support.

He said: “I know everybody wants to hear something from me. In fact, I expected it when I landed.

“Let me first of all appreciate the wonderful people of Rivers State. I am really humbled by what I saw at the Airport.

“I was thrilled by the photographs of what happened here yesterday. That reception really humbled me.

“It shows love, confidence and solidarity. I want to say that it is not just a celebration. It is a show of the reactivation of the bond between this government and the people of Rivers State.

“I want to assure you that we will, by the grace of God, continue to give those things that made you people love us. I want to thank everybody and to say that we love you, but God loves you more.”

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BREAKING: Fubara Arrives Port Harcourt Airport

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Rivers State Governor, Siminalayi Fubara, returned to Port Harcourt on Friday, touching down at the Port Harcourt International Airport, Omagwa, just two days after President Bola Tinubu lifted the emergency rule on the state and directed his reinstatement.

The governor’s aircraft landed at exactly 11:50 a.m.

He was welcomed by a large crowd of supporters and political allies, including former Information and Communications Commissioner, Barr. Emma Okah; ex-Health Commissioner, Dr. Adaeze Oreh; former Nigerian Ambassador to the Netherlands, Oji Ngofa; ex-Environment Commissioner, Sydney Gbara; and Victor Oko-Jumbo, former factional Speaker of the state assembly.

Others at the airport included former Youth Commissioner, Chisom Gbali; ex-Physical Planning Commissioner, Evans Bipi; former NUPENG President, Igwe Achese; ex-Education Commissioner, Dr. Tamunosisi Gogo-Jaja; as well as past chairmen of Port Harcourt City and Obio/Akpor councils, Ezebunwo Ichemati and others.

 

More to come…

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