Governors Launch Platform to Attract FDIs, Say $2bn Yearly Inflow Less Than 0.5% of GDP US govt lists areas of key investment attention in Nigeria Abdulrazaq puts annual infrastructure financing gap at $100bn
Chuks Okocha in Abuja
State governors in the country
yesterday floated an investment ments (FDIs). They said “NGF foreign investment inflow Product (GDP). platform to enable the 36 states Investopedia” was launched was less than 0.5 per cent of The investment initiative attract Foreign Direct Invest- because the $2 billion yearly the country’s Gross Domestic came as Councillor for Eco-
nomic Affairs, United States Continued on page 9
Akinwumi Adesina: Africa Must Plug $580bn Leak to Reduce $2tn Debt... Page 5 Wednesday 20 August, 2025 Vol 30. No 11091. Price: N400
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Tuggar: Nigeria to Harness TICAD for Stronger Japan, African Ties... Page 34
Court Freezes Bank Accounts Linked to Ex-NNPCL GMD, Kyari, over Suspicious Transactions Alex Enumah in Abuja
Federal High Court in Abuja, of the immediate past Group Petroleum Company Limited counts in Jaiz Bank, was sequel yesterday, ordered a temporary Managing Director (GMD) (NNPCL), Mr Mele Kyari. to ongoing fraud investigations The freezing of the four ac- by the Economic and Financial Justice Emeka Nwite of a freezing of four bank accounts of the Nigerian National
Crimes Commission (EFCC). The order to freeze the said Continued on page 9
NHRC: Swift Trials of Arrested Leaders of Ansaru Sect Must Start
NUJ, IOM hail security forces, applaud FG for operation expansion to N’west, N’Central DSS tells court Owo Catholic church attackers had links with foreign terrorist groups Refutes claim alleged human rights violation suit triggered defendants’ arraignment Court okays shielding of prosecution witnesses’ identity Bandits kill 13 worshipers during morning prayers in Katsina Story on page 9
Presco’s 2025 Annual General Meeting...
L-R: Company Secretary, Frederick Ichekwai; Independent Non-Executive Director, Amb. Nonye Udo; Independent Non-Executive Director, Iquo Ukoh; Chairman, Rasheed Sarumi; NonExecutive Director, Felix Nwabuko; Independent Non-Executive Director, Osayi Alile; Non-Executive Director, Abdul Bello; at Presco Plc’s 2025 Annual General Meeting... yesterday