News
US Pledges N8.4bn For 2015 Polls …Firm To Invest $14bn In Nigeria, Others
The United States Government, yesterday, said it would provide $51million (about N8.4billion) to support credible elections in Nigeria in 2015 and other electoral process in the country in the next five years.
This is contained in the ”Fact Sheet” issued by the White House in Washington DC, which highlighted US support for democratic institutions, good governance and human rights in Africa.
The Tide learnt that the publication was released just as the US-Africa Leaders Summit being attended by 50 leaders from the continent, including President Goodluck Jonathan, began in Washington DC.
The publication stated that the US was working with other donors to support Nigeria’s electoral management bodies and strengthen the ability of the country’s civil society to promote electoral reforms.
According to it, part of the funds will be used to expand voter education and monitor electoral processes in the run-up to the 2015 elections.
The US Government also announced that it had launched “Making All Voices Count,” a programme aimed at supporting innovation and research that would empower citizens in some countries to engage with government.
“The project is being executed in partnership with other governments and private foundations.
“The partnership with the United Kingdom, Sweden, the Omidyar Network, and the Open Society Foundations, is providing $55million globally in support and in capacity building from 2013 through 2017,” it stated.
It said that the first round of grants on the programme, totalling $2.5million had been announced and would benefit African countries, including Nigeria, South Africa, Liberia and Ghana.
Meanwhile, some United States companies are planning $14billion worth of investments in Africa, a White House official said yesterday as the US-Africa Leaders Summit turned its focus to boosting commercial ties.
President Barack Obama is to announce the investment projects later in the day as he addresses some 45 heads of state and government from the African continent invited to Washington for the historic gathering.
The first day of the summit, the largest such meeting ever held in the US capital, saw American officials chiding their guests over democratic reform and civil rights.
But now Obama and titans of US commerce and industry will try to convince their counterparts that America is as determined to take part in Africa’s growth story as China or Europe.
Hundreds of US and African business chiefs will join the political leaders in forums, including the top executives of General Electric, Coca-Cola and Walmart, and African tycoons such as Aliko Dangote, Mo Ibrahim and Ashish Thakkar, the young founder of the tech-focused Mara Group.
Secretary of State John Kerry was straightforward about Washington’s aims, saying “I say unabashedly: We want and we will work hard to get more American companies to invest in Africa.”
Kerry said Monday, that “We also want more African companies to invest here in the United States, and there’s no reason that they shouldn’t.”
Amid African criticism that American businesses are less knowledgeable and more afraid of risks on the continent than European and Asian rivals, Commerce Secretary Penny Pritzker said the US government would boost efforts to build commercial ties.
“The time to do business in Africa is no longer five years away. The time to do business is now.”
Pritzker stressed that building trade and investments with Africa would be good for both sides, helping African countries develop and creating jobs in the United States.
“As Africa’s middle class continues to expand, we hope to see our export numbers grow,” she said.
The United States remains the largest source of investment on the continent, but most of that has been in the oil and gas sector.
However, China and Europe have built stronger positions in infrastructure, manufacturing and trade, with China’s trade with Africa more than double that of the United States.
A White House official said the new investments being announced will span a range of industries, including construction, clean energy, banking and information technology.
Stephen Hayes of the Corporate Council on Africa, a US business group, said Tuesday’s private sector meetings could get US companies more interested in the continent.
“From the standpoint of the US, we need CEOs to be more engaged,” he said.
“For America to be able to compete for the long term, with China and others, they are going to require partnerships.”
News
Victory Over Insurgency Certain, Tinubu Assures
President Bola Tinubu has expressed confidence that the country would win the fight against insecurity.
The President gave the assurance at the Argungu International Fishing Festival in Argungu town, Kebbi State, on Saturday.
He noted that the relative peace currently being enjoyed in Kebbi and neighbouring states was the result of sustained investments in security intelligence, coordination among security agencies, and community engagement.
Tinubu assured farmers and fishermen of sustained federal support to guarantee food security and safety across the country.
“The peace we are witnessing today is not accidental. It is the outcome of deliberate and sustained efforts. I assure you that the fight against banditry, insurgency, and insecurity will be won.
“Our farmers, fishermen, traders, and families will go about their lawful activities without fear,” he assured.
The President commended the organisers of the festival for sustaining the cultural event for decades, noting that it had endured for 83 years despite social and security challenges.
Describing the Argungu festival as a powerful symbol of unity, resilience, and peaceful coexistence, Tinubu stated that it reflects the richness of the country’s culture and the opportunities to harness its natural and human resources for national growth.
He said, “Today, this festival stands as a powerful symbol of unity, resilience, and peaceful coexistence among our people.
“It reflects the richness of our culture, the strength of our traditions, and the opportunities inherent in harnessing our natural and human resources for national development.”
The President was received by a large crowd of residents, traditional rulers, fishermen, tourists, and government officials from across the country.
The President reaffirmed his administration’s commitment to youth and women empowerment, irrigation development, rural electrification, and agricultural productivity.
Earlier, the Kebbi State Governor, Nasir Idris, said his administration was determined to elevate the Argungu Fishing Festival to full international standards while pursuing aggressive development across critical sectors of the state.
News
US Embassy, Lagos Consulate Close Today For President’s Day
The United States Embassy in Abuja and the Consulate General in Lagos will be closed today, in observance of Presidents’ Day.
The mission made this known in a notice shared on its official X page, yesterday.
“The U.S. Embassy in Abuja and the Consulate General in Lagos will be closed on Monday, February 16, 2026, in observance of Presidents’ Day,” the post read.
According to the embassy, Presidents’ Day was originally established to honour the birthday of the former US President, George Washington, but has evolved into a day to celebrate all U.S. presidents and their leadership in shaping the country’s history.
The embassy noted that the holiday also recognises the influence of U.S. presidents on global affairs.
In a related message, the mission highlighted that Washington created the first “Badge of Military Merit,” which later became the Purple Heart. The medal still bears Washington’s image today.
Presidents’ Day is observed on the third Monday of February annually in the United States as a federal holiday.
News
Guterres Backs Nigeria’s Bid For UN Security Council Seat …Hails Tinubu’s Reforms, Regional Security Role
United Nations Secretary-General, António Guterres, has charged Nigeria with spearheading Africa’s quest for a restructured global order, describing the country as uniquely positioned to lead the continent toward superpower status.
Guterres, who backed Nigeria’s bid for the world body’s security council seat, also praised the economic reforms of the President Bola Tinubu-led administration as well as Nigeria’s leadership in stabilising the Sahel and ECOWAS regions, despite facing its own security challenges.
The UN scribe made the remarks last Friday night during a high-level bilateral meeting with Vice President Kashim Shettima on the sidelines of the 39th African Union (AU) Summit in Addis Ababa, Ethiopia.
Speaking during the meeting, Guterres said Nigeria’s large population, sustained democratic governance, vast natural and human resources, and longstanding commitment to multilateralism placed it in a unique position to lead Africa in the evolving global order.
“Given Nigeria’s demographic strength, democratic continuity and deep resource base, the country stands a real chance of leading Africa to becoming the next superpower in the evolving global architecture,” he said.
The UN Secretary-General and the vice president discussed key developments in Nigeria and the country’s expanding leadership role in promoting regional stability across West Africa and the Sahel.
Guterres commended the remarkable and outstanding reforms of the administration of President Tinubu, noting that Nigeria’s bold economic restructuring and security commitments have strengthened its continental standing.
The meeting focused on strengthening Nigeria–UN collaboration to advance global economic growth, peace and security, sustainable development, and a coordinated humanitarian response across Africa.
In his remarks, Shettima thanked the UN Secretary-General for his leadership in advancing global peace, noting that Africa has benefited immensely from his tenure, even as the United Nations undergoes internal restructuring.
“We remain committed to multilateralism and to deepening our partnerships with the United Nations and other global institutions,” the vice president said.
Shettima also reiterated Nigeria’s longstanding call for comprehensive reform of the United Nations system to reflect evolving global realities.
He emphasised that Africa must have stronger representation in global decision-making structures and declared that Nigeria deserves a permanent seat on the United Nations Security Council.
Both leaders pledged to deepen cooperation, with Guterres reaffirming the UN’s support for Nigeria’s reform agenda and its growing leadership role in advancing peace, security, and development across Africa.
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