News
Jonathan says Nigeria’s Economy is Among Largest in the World

President Goodluck Jonathan has said that his administration had managed the country’s economy to become the greatest in Africa and one of the largest in the world.
He said this in Port Harcourt at the inauguration of Enugu- Port Harcourt-Enugu intercity train service.
‘’We have managed the economy such that it has risen to be the greatest economy in Africa and one of the largest in the world,’’ he said.
Represented by his Vice, Mr Namadi Sambo, the president said his government had changed the course of history in the country.
‘’ We have changed the course of history with the railway system in the last 30 years from the neglected sector to a rehabilitated and revitalised one by rehabilitating the existing narrow gauge railway lines, their operations and maintenance,’’ Jonathan said.
He said the administration would construct coastal railway line from Lagos to oil producing states of the Niger Delta and link up commercial cities in the South-East.
According to him, the Abuja-Kaduna rail project was at 90 per cent completion stage while the warri- Itakpe project was at an advanced stage.
‘’we have introduced programmes that have impacted positively on the lives of the people and addressed key issues in our national agenda,’’ he said.
According to the president, he had fulfilled all his electioneering campaign promises he made to Nigerians during the 2011 presidential election.
In his contribution, Sen. Idris Umar, the Minister of Transport, said the construction of Lagos-Ibadan railway line would commerce soon.
The minister said that the warri-Itakpe rail project was progressing steadily.
He said more than 90 per cent of the existing narrow gauge rail lines in the country was being rehabilitated and noted that the rail ways were very significant to the country’s economy.
Mr Adeseyi Sijuwade, Managing Director of Nigerian Railway Corporation (NRC), noted that the rehabilitation of Enugu-Port Harcourt railway had many challenges.
He said 30 metres of the rail line was washed out by Aba gully erosion and explained that five metres wide reinforced concrete culvert of more than 366 metres long resolved the problem.
According to him, ‘’the Aba mountain of refuse’’ of about five metres high was part of the challenges while a section of the track was buried.
He explained that the challenges had made train services impossible in the South-East since 2009.
News
Atte, Nigerian Develops AI Algorithm for Hair Transplants

Atte Ayodeji, a Nigerian computer scientist,has developed an artificial intelligence algorithm capable of detecting, counting, grouping and generating healthy hair follicles during hair transplant procedures, an innovation that earned him the Best Innovative Technology award.

Atte Ayodeji
Ayodeji also graduated with a Distinction in his Master of Science (MSc) in Computer Science from Birmingham City University on Friday, adding another milestone to an impressive academic year.
Beyond his award-winning hair transplant innovation, the Nigerian researcher developed a system and framework on Explainable Artificial Intelligence (XAI) as a professional responsibility in the diagnosis of lung cancer.
His dissertation received a silver award at the PGXPO2026 Winter, further highlighting the impact of his research in applying artificial intelligence to healthcare.
Sunday Dare, special adviser on Media and Public Communication to President Tinubu, celebrated Ayodeji’s achievements in a post on X, recalling how he first met him in 2019 during his National Youth Service.
“In 2019 when I became a Minister of the Republic, I met a young man of medium height, genteel with penetrating eyes: Atte Ayodeji. His words rarely come out and he could easily be passed by unnoticed. But I noticed him especially when my SA Kemi Areola brought him to me asking my approval for him to do his Youth Service in my office. I approved. From then on he was unstoppable. His brilliance shown and he developed skills beyond his frame.”
Highlighting Ayodeji’s recent accomplishments, Dare congratulated him saying, “Congratulations Atte. I am proud of you!”
News
FG to Abolish Subsidies in Power Sector in 2027 – Minister

Mr. Joseph Tegbe, minister of Power, has said that the federal government plans to end power sector subsidies from 2027 and that there are no immediate plans for tariff increases.

Mr. Joseph Tegbe, minister of Power
The minister told journalists during the media interactive session at the weekend that the government has announced plans to phase out electricity subsidy payments from 2027 as part of efforts to address mounting liabilities in the power sector.
He explained that the planned removal forms part of the broader reforms aimed at ensuring the long-term sustainability of the electricity sector, while tackling the financial challenges confronting the industry.
According to the minister, despite the planned subsidy withdrawal, there are no immediate plans to increase electricity tariffs, reassuring consumers that the government is not considering a tariff hike in the short term.
News
AfCFTA Urges Africa to Stop Exporting Raw Materials

Patience Okala, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office has urged African countries to stop exporting raw materials and instead focus on adding value to its natural resources if it is to fully harness the opportunities offered by the African Continental Free Trade Area.

She stated this on Thursday at the Streamsowers & Köhn 20th Anniversary Business Forum, where she stressed that value addition and beneficiation are essential to Africa’s industrialisation and long-term economic growth.
According to a statement issued on Friday by the Nigeria AfCFTA Coordination Office, she said the AfCFTA goes beyond the elimination of tariffs, serving as a framework for industrialisation, value addition, and job creation across the continent.
“AfCFTA is not only about tariffs; it is also about value addition. Africa has to stop exporting raw materials. We need to add value and ensure that beneficiation is done on the continent,” she said.
Okala also said Africa’s economic transformation would depend on the effective implementation of the AfCFTA rather than on the signing of trade agreements alone.
“We have moved beyond negotiations. The success of AfCFTA will be measured by the extent to which businesses can access new markets, trade seamlessly across borders, and benefit from the opportunities created by the agreement,” she said.
She noted that Nigeria had intensified efforts to implement the agreement under the leadership of the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, including the development of simplified AfCFTA guides in six languages to help businesses understand and take advantage of opportunities under the trade pact.
Okala called for stronger collaboration among governments, regulators, and the private sector to eliminate barriers to trade and investment and build a truly integrated African market.
“As we move from policy to implementation, our collective responsibility is to ensure that the opportunities created by AfCFTA become practical realities for businesses, particularly MSMEs, women-owned enterprises, and young entrepreneurs across the continent,” she said.
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