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Abuja to Host Landmark West Africa Economic Summit This June

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…7,000 SMEs expected to attend – President AASME
 
By Gloria Ikibah 
 
Nigeria is set to host a major regional economic gathering, the West Africa Economic Summit (WAES) 2025 from June 20 to 21 at the newly renovated Abuja International Conference Centre, under the leadership of President  Bola Ahmed Tinubu.
 
Speaking at a media briefing on Monday in Abuja, Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, said the summit was designed as a turning point for economic collaboration and development in the region.
 
Themed “Unlocking Trade and Investment Opportunities in the Region,” the summit will bring together heads of state, ministers, private sector players, development partners, and youth innovators from across West Africa and beyond.
 
“This isn’t just another government event—it’s about the people, the entrepreneurs, the traders, the young minds shaping the future. True economic growth can’t be state-driven alone. The private sector must take center stage”, Tuggar said.
 
Focus Areas and Key Features
WAES 2025 will focus on reducing barriers to regional trade, boosting investment in infrastructure and energy, and empowering small businesses, women, and youth. Highlights will include:
 
A Presidential Roundtable and CEO Forum for top-level dialogue.
The WAES Deal Room, facilitating high-stakes B2G and B2B transactions across sectors like agribusiness, energy, infrastructure, and digital finance.
 
The West Africa Business Expo, showcasing over 100 SMEs and development projects to strengthen intra-regional business links.
 
Youth & Cultural Empowerment Series, including art exhibitions, innovation pitches, and leadership panels.
 
Tuggar stressed that the summit is aligned with both ECOWAS goals and the African Union’s Agenda 2063, and reflects Nigeria’s commitment to deeper regional integration under the African Continental Free Trade Area (AfCFTA) framework.
 
 
Private Sector and Grassroots Inclusion
 
Addressing concerns about inclusivity, Tuggar emphasized that the summit would not be limited to high-level stakeholders. This is as he also reaffirmed that grassroots participation and regional ownership were baked into the summit’s design.
 
“When we talk about SMEs, we’re talking about real people—the everyday entrepreneurs who keep our economies running. This is not about waiting for foreign investment. It’s about what we can do together as a region”, he noted
 
Sustainability and Long-Term Impact
 
On the sustainability of the initiative, the Minister said existing ECOWAS frameworks provide the backbone, but WAES is meant to move beyond paperwork. 
 
“It’s not just about legal structures—it’s about action and partnerships that last beyond any single government’s term,” he said.
 
Tuggar credited President Tinubu for revisiting the economic integration vision once pushed by pioneers like Adebayo Adedeji, whose Lagos Plan of Action advocated for Africa’s industrialization and value-added production—long before today’s trade blocs became fashionable.
 
“Invitations have been delivered in person to regional leaders by special envoys, signaling the seriousness of Nigeria’s commitment to hosting a meaningful and results-driven summit.
 
“Let’s stop waiting for invitations to summits overseas. Let’s tell our own story, on our own soil,” Tuggar said.

Certainly! Here’s a professionally written news report based on the interview with Dr. Ebiekure Jasper Eradiri, President of AASME:

President of the African Association of Small and Medium Enterprises (AASME), Dr. Ebiekure Jasper Eradiri, said the upcoming West Africa Economic Summit is a timely and strategic platform for unlocking growth opportunities for small and medium enterprises (SMEs) across the region.

Speaking in an exclusive interview ahead of the event, Dr. Eradiri described the summit as “a novel idea” that deserves commendation for fostering economic integration and enhancing private sector collaboration.

“The West Africa Economic Summit is a commendable initiative because it promotes regional economic integration — something that is essential for SME growth. 

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“It creates access to markets, encourages business-to-business and business-to-government engagements, and gives SMEs insights into government direction, especially under the African Continental Free Trade Area (AfCFTA)”, he said.

Highlighting the significance of the event, Eradiriemphasised  that the timing aligns with the African Union’s 4th SME Forum, also being hosted in Abuja from June 23.

According to him, AASME is working with stakeholders to mobilize up to 7,000 SMEs to participate in both events.

“The beauty of this alignment is that it gives SMEs a wider window of opportunity — not just to learn, but also to network, showcase their products, and increase sales. It’s a chance for them to flourish and prosper in a competitive market landscape”, he noted.

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Dr. Eradiri expressed optimism that the summit would serve as a launchpad for stronger regional SME collaboration under the broader framework of AfCFTA, helping businesses scale and gain cross-border visibility.

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Chief of Army Staff approves new commanders for major formations across federation

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The Chief of Army Staff, Lieutenant General Waidi Shaibu, has approved a strategic reshuffling of senior officers across command, training, and staff positions in the Nigerian Army.

The appointments were announced on Saturday, June 27, 2026, by Acting Director of Army Public Relations, Colonel Appolonia Anele, who said the move was to enhance operational effectiveness and strengthen national security.

New GOCs for 3 and 6 Divisions–

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Major General WM Dangana has been appointed General Officer Commanding 3 Division Nigerian Army and Commander Joint Task Force Operation Enduring Peace. He replaces Major General EF Oyinlola.

Major General EI Okoro takes over as General Officer Commanding 6 Division Nigerian Army and Land Component Commander Joint Task Force South-South Operation Delta Safe, replacing Major General EE Emeka.

–Key command and staff changes–

Other major postings include:

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– Major General JR Lar: Commander, Army Headquarters Garrison
– Brigadier General OM Oyekola: Acting Military Secretary (Army)
– Brigadier General IB Buhari: Commander, Headquarters 63 Brigade
– Brigadier General K Rabiu: Commander, Headquarters 31 Artillery Brigade
– Major General SA Emmanuel: Commander, Nigerian Army Space Command
– Major General O Adegbe: Director, Intelligence and Security, Defence Headquarters

Brigadier General I Waziri remains Chief of Staff in the Office of the COAS.

Training and institutional appointments—

To deepen force readiness, Major General KE Chigbu was appointed Deputy Commandant, National Defence College, while Major General SD Makolo becomes Commandant, Nigerian Army Armour School. Africans& Diaspora

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Major General SO Adejimi is now Commandant, Nigerian Army School of Supply and Transport. Major General FS Etim will serve as Chief of Training, TRADOC NA. Brigadier General U Ahmad takes over as Commandant, Depot Nigerian Army, Zaria.

Major General KO Ukandu and Major General AI Allison were named Managing Director/CEO of Post Housing Development Limited and Managing Director of Defence Properties Limited, respectively.

–“Justify the confidence”–

Anele said Shaibu urged the new appointees to demonstrate “exemplary leadership, professionalism, innovation and unwavering commitment” to the Army’s mandate of defending Nigeria’s sovereignty and supporting civil authority.

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“The Nigerian Army remains resolute in its transformation drive and commitment to building a highly professional, combat-ready and people-oriented force,” Anele stated.

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Lokoja Court order on NDC: Seriake Dickson vows party will challenge order

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Leader of the National Democratic Party, NDC Senator Henry Seriake Dickson has vowed that NDC will challenge court directive.

Dickson in a statement he e-signed stated that the order lacked legal merit and their team of legal experts have been kept on standby to rubbish the move.

He said : “This morning, I, like several other leaders, officials, candidates of the NDC, and members of the public, was jolted by the order issued by the Federal High Court sitting in Lokoja and presided over by Honourable Justice Isah Dashen.

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“All I can say is that the order lacks legal merit and is intended to affect the foundational credibility and efforts of our party. The order is illegal and will not stand. It is against multi-party democracy, anti-democratic in nature, and aimed at narrowing and stifling the democratic space.

” It will be resisted by all of us and by all lovers of democracy in Nigeria.

“We have assembled our team of lawyers, and they are taking appropriate steps to set the order aside and restore normalcy. I call on all members, supporters, and candidates of the NDC to remain calm and continue with their normal political activities.

“This is only the first test of our commitment and resilience, both of which are not in doubt. Even this shall pass, and the NDC and all our candidates shall cruise to victory.

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“We are not naive to expect that the tremendous progress we have achieved in the last five months would go without attack, but this particular development came from a very unlikely source.

“The application by an unregistered association, which is not a registered political party and has no exclusive right to any logo under the law, is shocking.

“Moreover, it was not a necessary party to the suit because it had no interest in the subject matter. It did not apply for registration in 2025, it was not one of the 171 associations that applied, nor was it among the 21 associations shortlisted for registration.

“So, we know where this is coming from. It is coming from those who are shocked by the progress the NDC has made within such a short period as a result of our hard work and commitment to deepening multi-party democracy.

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“We will not allow this to slow us down or break our spirit. The struggle must continue.

“We will use appropriate judicial channels to correct the judicial anomaly that occurred under the watch of Honourable Justice Dashen. He has clearly erred in law, and we will take steps to correct it.

“All our candidates, supporters, and teeming voters across the country and beyond should hold on firmly and keep the faith. This development shows that our efforts have not gone unnoticed.

“I would also like to refer to my favourite quote on struggles “First they ignore you, then they laugh at you, then they attack you, then you win.”

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“We are under attack, as I have repeatedly said we should prepare for challenges such as this. But thereafter, we shall win.

“Even with today’s development, thousands of Nigerians are joining us in solidarity. In fact, thousands of Nigerians across the country registered as NDC members today to show their solidarity, sympathy and support for our party. All things work together for good.

” Men may act with evil intentions, but if it is not the will of God, He turns it around for our good.

“I sincerely thank Nigerians for the confidence they continue to repose in the NDC. Your support, encouragement, and belief in our vision only strengthen our resolve to continue the struggle to deepen multi-party democracy in Nigeria.

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OpenAI restricts limited release of new model to US only

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OpenAI on Friday launched a US-only preview of its latest powerful AI model series to a limited group of partners at the request of the US government, the company said.

The release comes two weeks after the White House took Silicon Valley by surprise by ordering OpenAI’s rival Anthropic to ban all foreign nationals from accessing its Fable 5 and Mythos 5 models, citing national security concerns.

Anthropic swiftly shut down all access to those models, saying it could not reliably comply with the restriction on foreign nationals.

The latest models from leading AI companies, such as Anthropic’s Mythos series and now OpenAI’s GPT-5.6, have drawn major concerns over their reportedly unprecedented ability to identify software vulnerabilities — weaknesses in code that hackers can exploit.

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Under pressure over the novelty of their capabilities, Trump earlier this month signed an executive order setting up a voluntary federal review of national security risks in advanced AI models before their release.

The White House has communicated little about how it will enforce its executive order — in which companies are understood to be participating voluntarily — and what models would fall under its review rules.

The intervention was striking for a White House that has otherwise pushed to loosen AI oversight — even moving to block states from writing their own rules.

The strong action against Anthropic has drawn accusations of government overreach, and OpenAI said it was uncomfortable with the process it was required to follow for its new models.

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OpenAI said it briefed the US government on its new models’ capabilities ahead of the launch and, at the government’s request, is beginning with a limited preview for a select group of trusted partners whose identities have been shared with authorities.

The partners are US-based, but OpenAI said overseas employees at those companies or entities would also have access to the new models.

“We don’t believe this kind of government access process should become the long-term default,” OpenAI said in a blog post.

“It keeps the best tools from users, developers, enterprises, cyber defenders, and global partners who need them. We are taking this short-term step because we believe it is the strongest path to broader availability in the coming weeks.”

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When Anthropic was initially targeted, some believed the safety-focused company was being unfairly singled out by the Trump administration for political reasons.

In an earlier clash with the White House, Anthropic angered Trump’s team by refusing to allow its technology to be used for mass surveillance and autonomous weapons, leading the Pentagon to cancel its contracts with the company.

That feud is now being litigated in two separate lawsuits.

– Three new models –

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OpenAI’s GPT-5.6 series comprises three new models: Sol, the company’s new flagship; Terra, a mid-range model for everyday work; and Luna, a fast, low-cost option.

Once broadly available, Terra would be priced at half the cost of its predecessor GPT-5.5, the company said, as it seeks to lock in customers amid fierce competition from Anthropic and Google.

Both OpenAI and Anthropic have filed confidential IPO documents with US regulators and are targeting public listings at valuations approaching $1 trillion, raising the commercial stakes of the AI arms race between them.

AFP

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