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Oriental News 2024 Summit: Muda Yusuf Speaks On Nigeria’s Path To Green Economy Transition

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The Chief Executive Officer, of the Center For The Promotion of Private Enterprise, Dr. Muda Yusuf would drive discussion on Nigeria’s policy direction to establishing pathway towards economic recovery in line with global green economy initiative.

Yusuf, a renowned economist and former Director General, DG, of the Lagos Chamber of Commerce and Industry, LCCI, is the chairman of the 3rd National Conference being put together by Oriental News Nigeria, coming up on July 25th, 2024, at Radisson Blue GRA Ikeja, Lagos by 9am.

In recent years, economies all around the world have been experiencing a protracted slowdown driven by structural, global, and cyclical factors. Economic strategies that have been implemented to tackle recession and achieve rapid economic development have endangered sustainable growth by contributing to environmental degradation, global warming, and other negative repercussions.

Changing the paradigm to a green economy will boost natural capital stocks, safeguard the environment, and ensure social justice by providing practical tools and approaches to achieve sustainable growth while reducing environmental risks and ecological scarcities.

A transition to a green economy, however, faces challenges such as a lack of an appropriate policy framework, inadequate capital expenditure, varying levels of development, and resource endowments.

Therefore, for green sustainable development, newer business models, strategic changes and innovation in the use of resources, responsible and cleaner business practices, and green technologies are needed.

Above issues will form part of discussion to be spearheaded by Yusuf, who will further highlight challenges and how to accelerate the process.

Also, the Ag. Managing Director and Chief Executive Officer, MD/CEO of the Rural Electrification Agency, REA, Abba Abubakar Aliyu, will be addressing key energy professionals and other government officials on the Agency’s current drive towards delivering clean and reliable electricity across Nigeria.

Aliyu, who has confirmed his participation at the conference will take audience through World Bank approved Nigeria Distributed Access through Renewable Energy Scale-up (DARES) project

At the event also, the Director General, D-G of the Securities and Exchange Commission, SEC, Dr. Emomotimi Agama, would be x-raying key policies and options available in the country’s drive to strengthen her national economy while aligning with global push towards promoting green economy.

All of these will be the high point at the 3rd National Conference.

Oriental News Nigeria a leading digital media platform would gather key policy makers, Government and non Governmental Organisations, industry experts in Nigeria’s financial sector to the conference which revolves around Nigeria’s Green Economy Initiative.

The theme of the 2024 Conference: ” Green Economy, Sustainable Growth and Infrastructure Transformation” considers various options available for Nigeria to sustain economic development and growth.

ALSO READ: SEC D-G To Speak On Nigeria’s Green Economy, Infrastructure Transformation At Oriental News’ Summit

Sub-themes of the conference include, Green Finance, marketing, and supply chain, Strategies and Policies for a green economy, Renewable energy  and Ecosystem for a green economy and Digital economy Entrepreneurship.

Agama, who has confirmed his attendance, expressed the belief that opportunities in terms of green economy are linked to the enormous possibilities for sustainable agriculture, renewable energy, ecotourism, and coastal development.

Also, other stakeholders have highlighted that Nigeria’s commitment to harnessing its natural resource potential could make the country a pioneer in promoting green economy development, hence the choice of the theme of the conference.

The conference is segmented into two main broad areas, with the opening programme to address the key thematic topic through the guest speakers intervention and chairmans remarks with comments from participants which centers around the conference theme.

The second segment is round-table discussion through wider engagement by select professionals to discuss the main theme and sub-themes of the conference.

The conference will draw together and engage researchers, eminent practitioners, and policymakers from across the country who will form part of the plenary (Round-Table) session that will deliberate on the latest findings on practices and policies for a green economy and sustainable growth through strategic change and identify priorities for action by stakeholders to pursue the most promising policies and practices.

The conference will also serve as a venue where academic peers may exchange information, share experiences, collaborate, and develop management answers to pressing business issues.

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NEWS

“We Are Raising Fraudsters” — Obi Reacts to EFCC’s Explosive Student Cybercrime Report

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Former presidential candidate of the Labour Party, Peter Obi, has reacted strongly to a recent report by the Economic and Financial Crimes Commission (EFCC) alleging that a significant number of Nigerian university students are involved in internet fraud.

The EFCC had reportedly warned that cybercrime is becoming increasingly common among undergraduates, a development it described as a growing national concern requiring urgent attention from authorities, parents, and educational institutions.

SEE ALSO: Political Earthquake Brewing? Peter Obi, Bala Mohammed in Closed-Door Talks

Reacting to the claim, Obi described the situation as deeply troubling, warning that Nigeria may be “raising a generation of fraudsters” if the trend is not urgently addressed.

According to him, if even a large fraction of the allegation is true, it signals not just a crime problem but a broader collapse of values and moral discipline in the country.

He stressed that young people do not operate in isolation, arguing that society, leadership, and institutions all play a role in shaping behaviour. Obi noted that when dishonesty appears to thrive without consequences, it sends the wrong message to the youth.

The former Anambra State governor also called for urgent reforms in governance, education, and value reorientation, insisting that integrity must be restored at all levels of society.

He added that the focus should not only be on condemning young people but on addressing the systems that influence their choices and actions.

Obi further urged leaders to set better examples, warning that a society cannot expect honesty from its youth if accountability is weak at the top.

The EFCC has continued to express concern over rising cybercrime cases in tertiary institutions, describing the trend as a threat to national development and security.

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NEWS

Police Rescue Five Abducted Students in Ogun After Gun Battle

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Man Arrested For Burglary In Ogun Churches

Operatives of the Nigeria Police Force have successfully rescued five students of Gateway Polytechnic, Saapade, following their abduction by gunmen in Ogun State.

The students were reportedly kidnapped late Monday night in the Sapade area of Remo North Local Government Area, triggering a swift response from security operatives after a distress call was received around 10:55 p.m. at the Ipara Police Division.

Upon arrival at the scene, officers discovered an ash-coloured Toyota vehicle riddled with bullet holes and stained with blood. Several mobile phones and personal belongings were also recovered from the abandoned car.

SEE MORE: Horror in Kogi: Gunmen Abduct 24 Pupils in Orphanage Raid, 15 Rescued

Confirming the incident, the Police Public Relations Officer in the state, Oluseyi Babaseyi, said an identity card found at the scene linked the victims to Gateway Polytechnic, prompting an immediate escalation and a full-scale rescue operation.

The Commissioner of Police, Bode Ojajuni, subsequently ordered the deployment of tactical units in what he described as an intelligence-driven mission to secure the students’ release.

Security teams drawn from the Isara Area Command, Ipara Division, SWAT, Anti-Kidnapping Unit, Violent Crime Response Unit, Quick Response Squad, and Operation MESA were mobilised for coordinated bush-combing and tracking operations across suspected escape routes.

The sustained pressure paid off on April 28, when the students were rescued unhurt from their captors.

According to the police, the kidnappers engaged operatives in a gun duel during the rescue effort but were overpowered by superior firepower, forcing them to flee with suspected gunshot wounds. No casualties were recorded among security personnel.

“The victims were immediately evacuated, debriefed, and taken for medical attention due to the conditions they endured while in captivity,” Babaseyi added.

Commending the operatives, Ojajuni praised their gallantry and professionalism, noting that their swift coordination was instrumental to the success of the mission.

He assured residents that efforts are ongoing to apprehend the fleeing suspects, with intensified bush-combing operations already underway.

The police also urged members of the public to remain vigilant and report suspicious movements, emphasizing that community cooperation remains critical in the fight against crime.

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International News

Fresh Violence Rocks Mali as France Orders Citizens to Evacuate

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The government of France has issued an urgent directive to its citizens in Mali, advising them to leave the country immediately following a fresh wave of violent attacks.

In a travel advisory released on Wednesday, the French foreign ministry described the security situation in Mali as “extremely volatile,” citing recent assaults carried out by jihadist groups and Tuareg separatist fighters over the weekend.

ALSO READ: Mali’s Junta Leader Assimi Goita Grants Himself Unlimited Presidential Mandate

According to the statement, all travel to Mali remains strongly discouraged regardless of purpose, as authorities warned that the risk to foreign nationals has significantly increased.

“French nationals are advised to make arrangements to leave Mali temporarily as soon as possible on the commercial flights that are still available,” the ministry said.

The advisory comes amid renewed concerns over instability in the Sahel region, where armed groups have continued to intensify their operations despite years of military interventions.

President Emmanuel Macron has repeatedly expressed concern over the deteriorating security climate in Mali, particularly following the withdrawal of foreign forces and the growing influence of insurgent factions.

Mali has been grappling with insecurity since 2012, as jihadist insurgency, separatist tensions, and political unrest continue to undermine stability in the country.

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