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14 States Burn N21bn On Foreign Trips With Zero Foreign Investments

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In the past three years, a total of 14 state governments have allegedly expended at least N21.04bn on foreign trips, yet none of them has managed to attract foreign investments successfully.

The states includes; Bauchi, Bayelsa, Benue, Borno, Cross River, Ebonyi, Edo, Gombe, Imo, Jigawa, Nasarawa, Taraba, Yobe, and Zamfara

Despite the influx of $14.85bn from foreign investors into Nigeria between 2021 and the third quarter of 2023, these states have failed to secure a share in the foreign investment pie.

Between 2021 and 2023, a breakdown of expenses on foreign trips by several states reveals Bauchi spending N3.81bn, Bayelsa N1.99bn, Benue N1.33bn, Borno N1.73bn, Cross River N663.16m, Ebonyi N1.01bn, Edo N1.77bn, Gombe N32.09m, Imo N541.23m, Jigawa N1.10bn, Nasarawa N541.26m, Taraba N2.52bn, Yobe N1.24bn, and Zamfara N2.77bn.

Surprisingly, despite these expenditures, there is no tangible result or foreign investments to show for the funds, according to data extracted from state budget performance reports obtained from Open Nigerian States.

It’s worth noting that not all states provided complete budget performance reports, with some only covering two quarters in certain instances.

Kebbi is notably absent from the list of states receiving foreign direct investments during the reviewed period, and unfortunately, there is no available data on the amount spent by the state on foreign-related trips.

The overall absence of foreign investments in these states aligns with a broader decline in investments across the country, attributed to concerns related to insecurity and other prevailing issues during the same period.

The World Bank opined, “Net FDI inflows are negative, reflecting net withdrawals of equity by foreign investors. FDI and FPI flows into Nigeria do not compare favourably with similar economies of the world, reflecting difficulties with FX availability, security concerns, and other structural challenges in recent years.”

Several states mentioned in this report, including Zamfara, Jigawa, and Nasarawa, have been grappling with the scourge of banditry in recent years.

In Zamfara, for example, banditry has become pervasive, affecting almost 14 local government areas.

The situation has led to the abandonment of over 70% of farmlands in the state, with farmers fearing attacks by bandits.

Highlighting the impact on investments, in 2022, the Managing Director of Zamfara State Investment Cooperation, Dr. Anas Hamisu Lawal, pointed out that insecurity was a major factor hindering the attraction of investments into the state.

Lawal said, “The first question they always ask is the security situation in the state..They are willing to invest whenever the security situation improves.”

In 2022, David Olofu, the Benue State Commissioner for Finance, emphasized the significant impact of insecurity on states’ ability to attract investors.

He said “It is obvious that insecurity prevented many states from attracting investors in 2021. How many investors did the Federal Government attract?

“How will investors come even when citizens are not safe? How will investors come when citizens cannot themselves invest in their place?”

In the same year, Governor Godwin Obaseki of Edo State announced a strategic focus on sectors such as technology, agriculture, and entertainment to attract investors to the state.

Despite these efforts, the state has not recorded any foreign investments in the past three years, according to data from the National Bureau of Statistics (NBS).

In 2021, Lawrence Ewhrudjakpo, the Deputy Governor of Bayelsa State, disclosed that Governor Douye Diri was utilizing his foreign trips to attract investors, aiming to enhance the state’s economy.

He said, “We believe that we have procedures, and the governor deserves the attention he deserves to give to investors so that investors are brought to our state as no system that is not interacting with any other system can be very effective. What makes an economy a viable economy is the external investment into the economy.”

The mentioned states continue to face a dearth of foreign investments.

Discussing this situation, Professor Akpan Ekpo, a specialist in Economics and Public Policy at the University of Uyo, explained to The PUNCH, “They are not importing capital for two reasons. First, they don’t have potential investors who will do that. Secondly, there is insecurity in the country. Those things are not fertile ground for investments.”

An ECOWAS Common Investment Market consultant, Professor Jonathan Aremu, added, “It’s simple. It’s because they don’t have attractive factors.

“The factors that attract foreign investment are not available in those states. One thing about investment is that it is crisis shy.

“Investment doesn’t go to places where there are crises. Why? Because investors want stability and predictability in their investments, particularly, having returns on their investments.” he added

 

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Over 100 Students Hospitalised as Fresh Gas Leak Hits Ogun Schools

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Man Arrested For Burglary In Ogun Churches

Panic swept through parts of Ijebu Ode, Ogun State, on Friday after a fresh gas leak affected more than 100 students and teachers across several schools, forcing many victims to be rushed to hospitals for treatment.

The incident, which occurred less than two months after a similar case in the town, reportedly affected schools including Anglican Girls Grammar School, Obalende, and Our Lady of Apostles Secondary School, Epe Garage, among others.

Witnesses said students suddenly began complaining of breathing difficulties, stomach aches, dizziness, and weakness as the strange gas spread across the affected areas.

ALSO READ: State of Ogun Schools: Your panic response political gimmick, Adebutu tells Abiodun

Videos circulating online showed frightened students running out of school premises while teachers and residents assisted those who fainted into vehicles for emergency medical attention.

Many of the affected students were taken to the Ogun State Hospital in Ijebu Ode, while others were rushed to nearby private medical facilities as worried parents stormed the hospitals.

An eyewitness described the situation as more severe than the previous gas leak recorded in April.

“I am currently at the Ogun State Hospital, Ijebu Ode, and the hospital is overcrowded. Some parents had to move their children to private hospitals. The students are complaining of stomach pain and weakness. This incident affected multiple schools and over 100 students,” the source said.

The Ogun State Commissioner for Environment, Ola Oresanya, confirmed the development, stating that emergency response agencies had been mobilised to contain the situation and investigate the source of the leak.

According to the commissioner, air quality monitoring devices installed within the area detected elevated methane gas concentrations, with readings reportedly peaking at about 13,500 ppm in surrounding locations.

He explained that although the methane level remained below the lower explosive limit, the situation was environmentally significant and required urgent investigation.

Oresanya said the state government had activated a multi-agency environmental and public health assessment team comprising environmental regulators, emergency responders, security agencies, and air quality experts to determine the source and extent of the emissions.

Officials, including the Chairman of Ijebu Ode Local Government, Dare Alebiosu, and the Managing Director of OGEPA, Kenny Bello, were also seen visiting affected schools and hospitals to assess the situation and monitor medical response efforts.

Residents were advised to remain calm, avoid open flames or ignition sources in areas with unusual gas odours, and immediately seek medical attention if they experience symptoms such as dizziness, headaches, nausea, or respiratory discomfort.

The latest incident comes weeks after over 30 students and a teacher were hospitalised following another gas leak at Our Lady of Apostles Secondary School in April, raising fresh concerns over environmental safety in the area.

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“Free El-Rufai Before Eid” — Atiku Blasts FG Over Detention

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Former Vice-President Atiku Abubakar has called on the Federal Government and Kaduna State authorities to release former Kaduna State governor Nasir El-Rufai before the Eid-el-Kabir celebrations, describing his continued detention as unfair and politically troubling.

Atiku made the demand in a statement issued on Friday through his Senior Special Assistant on Public Communication, Phrank Shaibu.

SEE ALSO: Shock as Court Rejects El-Rufai’s Bail Application, Orders Continued Detention

The former presidential candidate condemned El-Rufai’s detention ahead of the Muslim festival, saying it contradicts the spirit of mercy, compassion, and reconciliation associated with Eid-el-Kabir.

According to Atiku, it would be wrong for any government to deny a citizen freedom without clear justification, especially during a significant religious period when families are expected to reunite.

He warned against the alleged use of state institutions to intimidate perceived political opponents, stressing that democracy should not be used as a weapon to settle political scores.

“At a time when millions of Muslims are preparing for Eid-el-Kabir, it is unconscionable to keep a citizen away from his family without just cause,” Atiku stated.

The former vice-president also argued that the credibility of any democratic government depends on how it treats opposition figures and perceived critics.

He urged authorities to ensure transparency if El-Rufai’s detention is connected to ongoing legal proceedings, insisting that every Nigerian citizen is entitled to constitutional rights, including liberty and due process.

The demand comes days after the Independent Corrupt Practices and Other Related Offences Commission confirmed that a Federal High Court in Kaduna granted El-Rufai access to medical treatment while in custody.

El-Rufai and his co-defendant, Joel Adoga, are facing a 10-count charge bordering on alleged corruption, money laundering, and possession of proceeds of crime before Justice Rilwan Aikawa of the Federal High Court in Kaduna.

Both men have pleaded not guilty to the charges.

 

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$100,000 Science Prize: NLNG Raises Bar for AI Innovation

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The Nigeria LNG Limited (NLNG) has intensified its push for globally competitive artificial intelligence and digital technology solutions, as the 2026 edition of The Nigeria Prize for Science and Innovation attracted a record 237 entries, the highest participation level since the prestigious $100,000 award was established in 2004.

The milestone comes months after the 2025 edition ended without a winner, following a rigorous evaluation process that found none of the 112 entries submitted met the Prize’s benchmark for scientific excellence, originality, scalability and real-world impact.

The entries were formally handed over to the Prize’s Advisory Board during a press conference in Lagos on Thursday, officially commencing the adjudication process for this year’s competition themed: Innovations in ICT, Artificial Intelligence (AI), and Digital Technologies for Development.

The retention of the theme for a second consecutive year reflects growing recognition of the role of AI and digital technologies in solving socio-economic challenges and accelerating national development.

Speaking at the event, NLNG’s General Manager, External Relations and Sustainable Development, Dr. Sophia Horsfall, said the record-breaking number of entries signals renewed confidence in Nigeria’s innovation ecosystem and growing interest among researchers in technology-driven solutions.

“In this fourth revolution, digital infrastructure is as foundational to our survival as electricity or water. For Nigeria, our economic sustainability depends on our ability to move beyond promising research and into undeniable innovation that delivers,” Horsfall said.

ALSO READ: Adoption of AI Feature as NIPetGE Pays Courtesy Call at NNPC Ltd

She noted that the decision not to award a winner in 2025 was difficult but necessary to preserve the integrity and global credibility of the Prize.

“We believe that if a Nigerian discovery is to command global respect, it must withstand the highest levels of scrutiny. It is this conviction that guided the difficult decision seven months ago,” she stated.

According to Horsfall, NLNG responded to last year’s outcome by deepening engagement with Nigeria’s scientific and technology community through nationwide roadshows, media campaigns, collaborations with innovation hubs, and knowledge-sharing sessions with researchers and academic institutions.

“Our response was not to lower our standards but to deepen engagement. Today, we can confidently say those efforts have paid off,” she added.

She described the leap from 112 entries in 2025 to 237 entries in 2026 as evidence of rising momentum in Nigeria’s science, AI, and digital innovation ecosystem.

“It proves that there is a hunger in this country for research, innovation, discovery and recognition. It also proves that we need platforms such as this Prize that elevate scientific endeavour and transform ideas into impact,” Horsfall said.

Receiving the submissions on behalf of the Advisory Board, Chairman of the Board, Prof. Barth Nnaji, described the handover as a crucial stage in the search for transformative scientific breakthroughs capable of addressing Nigeria’s development challenges.

Nnaji, a former Minister of Power, said the no-winner verdict in 2025 reinforced the Prize’s reputation for excellence rather than diminished it.

“Our refusal to award the prize in 2025 was not a dismissal of the hard work of Nigerian innovators; rather, it reinforces that The Nigeria Prize for Science and Innovation holds a gold standard of excellence,” he stated.

He explained that entries would continue to undergo strict intellectual and technical scrutiny, with emphasis placed on originality, relevance, scalability, and measurable socio-economic impact.

“The theme we have focused on for the past two years is perhaps the most critical topic of our time. We are looking for solutions that directly address Nigeria’s real-world challenges, whether through digital health technologies for rural communities or the use of AI in preserving our cultural heritage and languages,” Nnaji added.

He further assured stakeholders that the adjudication process would remain independent, transparent, and merit-driven.

“We look at every entry through a lens of fairness, balance and equity. It is this consistency that has given the Prize its enduring credibility over the years,” he said.

Also speaking, NLNG’s Manager, Corporate Communication and Public Affairs, Anne-Marie Palmer-Ikuku, commended the resilience of Nigerian innovators who returned with stronger entries despite last year’s disappointing outcome.

“To see the numbers rise to 237 this year tells me that innovators did not see last year’s verdict as a deterrent. Instead, they saw it as a challenge,” she said.

The Advisory Board for the Prize also includes Dr. Nike Akande, former Minister of Industry, and Professor Baba Yusuf Abubakar, a professor of quantitative genetics and animal breeding.

The winning entry for the 2026 edition will be unveiled at a world press conference scheduled for September.

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