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G7 partners pledges $420-million-dollar investments for Africa as Nigeria positions

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Leaders of the Group of 7(G7) countries held a meeting with Italian and United States private sector representatives resulting in a $420-million-dollar investment commitment towards African countries.

This was disclosed in a statement published on Thursday, on the website of the government of Italy, the current host of the ongoing 50th G7 summit.

Tagged “G7 Partnership for Global Infrastructure and Investment Side Event Co-Chair Statement”, the statement revealed the G7 co-chairs welcomed the commitments of $100 million and $320 million by partners, aimed at meeting the infrastructure and development needs of Africa through private sector engagement.

Global Infrastructure Investment
Nigeria is strategically positioned to benefit from the commitments made at the G7 summit.

The G7 is an informal association of seven of the world’s advanced economies(Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, as well as the European Union), most of whom were Nigeria’s biggest trading partners in Q1, 2024.

According to data from NBS and Naralytics, France, US, Canada, and Italy were Nigeria’s top ten export trading partners in Q1, 2024.

These G7 leaders agreed to support flagship projects to develop transformative economic corridors for quality infrastructure and investments, touching Africa, the Middle East and Europe.

It stated that a coalition of U.S. investors highlighted and committed new billions of dollars in private investment in scaled infrastructure in emerging markets as a way of supporting the G7’s Partnership for Global Infrastructure and Investment (PGII) topline goal of mobilizing $600 billion in infrastructure investment in emerging economies.

The statement partly reads,

“Today, Italy joined U.S. and EU efforts to promote sustainable development along the Lobito Corridor – committing to strengthen collaboration and mobilize an additional aggregate contribution of up to $320 million in investment in support of the core rail infrastructure and of the related side projects, with a view to additionally creating synergies with AGIA (Alliance for Green Infrastructure in Africa).

“The Co-chairs welcomed the Africa Green Industrialization Initiative (AGII) as a key platform for collaboration on infrastructure investment in Africa and celebrated the Global Energy Alliance for People and Planet (GEAPP) commitment of up to $100 million in philanthropic catalytic investment capital to unlock an additional $1 billion in private finance.”

EVENTS

Otti Throughs a Lavish Banquet to Celebrate music Icon, Zigima King, Bright Chimezie

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It was a night of deserving honour to the Zigima that has shone for decades. 

A night of entertainment, joy, excitement and laughter. 

Thank you Governor Alex Otti for your intentional dedication to creating a new atmosphere of unity, peace and security, backed by visible transformation in all facets of governance. 

Thank you for ensuring that Abia didn’t just rise from the ashes, but that it commenced a progressive journey to greatness in all spheres. 

Thank you for choosing to inspire the younger generation by celebrating excellence and great accomplishments.

Happy birthday Bright Chimezie (Zigima)

Ferdinand Ekeoma 

December 14, 2025.

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Wike at 58: “You’re a Shinning Star in my Cabinet, Tinubu hails Wike.

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President Bola Tinubu congratulates Chief Nyesom Wike, Minister of the Federal Capital Territory (FCT), on his birthday, December 13.

President Tinubu celebrates with the Minister and former governor of Rivers State, giving thanks to God Almighty for enriching him with a life defined by purpose, service, and courage.

The President describes Chief Wike as an audacious top performer who defies obstacles and delivers results.

President Tinubu acknowledges the ongoing transformation of the Federal Capital Territory through infrastructure expansion, highlighting the Minister’s recent intervention that broke the 14-year logjam in the construction of the Apo-Karshi road.

The President commends Chief Wike for his resilience, can-do attitude, and commitment to excellence in all assignments.

President Tinubu thanks the Minister for his consistent efforts in delivering results and wishes him a happy birthday and strength to further his good work in the FCT.

“Nyesom Wike has been one of the shining stars in the cabinet, an exceptional performer, developing infrastructure in the Federal capital as never seen before and proving that his moniker as ‘Mr Project’ is not limited to his home state of Rivers.

“I commend him for being one of the champions of our Renewed Hope Agenda, even though he belongs to another party and wish him well as he marks another year in his life journey”.

Bayo Onanuga
Special Adviser to the President
(Information and Strategy)
December 13, 2025

 

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Lady cries out after her brother was knocked down by keke on his way to early morning test at UniAbuja, faces possible leg amputation

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A visibly distressed lady has cried out over a tragic accident involving her younger brother, a student of the University of Abuja.

According to her account, the incident occurred in the early hours of the morning when students were struggling to get to school for a test allegedly scheduled around 5 a.m.

She explained that while her brother and a coursemate were trying to cross the road in front of the University of Abuja, a commercial tricycle (keke), reportedly driving against traffic, knocked them down.

As of the time she shared the video, her brother was said to be unconscious and already being prepared for surgery. Doctors, she stated, described his condition as critical, adding that there was a possibility his leg might have to be amputated.

The lady further claimed that although the tricycle rider was arrested, there were moves to release him, and that the school authorities had not reached out or offered any form of support since the incident.

She also revealed that the hospital initially rejected her brother due to the seriousness of his condition before eventually admitting him, while medical bills continued to pile up beyond what she could afford.

https://www.instagram.com/reel/DSLsOa4DNRv/?igsh=MWI5cjlsNnV0cW1hbA==

📹: TT/Teemhar1234

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