Business
Nigeria, Afreximbank Strengthen Ties To Boost Economic Growth, Financial Integration
Joel Ajayi
On the sidelines of the 6th AU Mid-Year Coordination Meeting of the African Union, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun held bilateral talks with Dr. Benedict Okey Oramah, President of Afreximbank.
The meeting, which was held in Accra, Ghana weekend, reinforced the strong partnership between Afreximbank and the Federal Government of Nigeria, with a focus on driving economic growth and financial integration across Africa.
During the meeting, HM Edun acknowledged the fiscal policy measures implemented by the President Bola Ahmed Tinubu-led Administration, which has significantly improved Nigeria’s revenue position.
He emphasized the critical need for comprehensive financial integration across Africa to drive intra-continental trade, investment, and development.
On his part, Professor Oramah reaffirmed Afreximbank’s unwavering commitment to supporting President Tinubu’s developmental objectives for economic growth.
The bilateral talks underscored the importance of collaboration between Nigeria and Afreximbank in achieving shared economic goals.
Business
Clean Energy Transition Can’t Succeed Without Workers’ Rights – REAN
By Joel Ajayi
The Executive Secretary of the Renewable Energy Association of Nigeria (REAN), Dr. Tosin Akande, has emphasized that a successful clean energy transition is impossible if workers’ rights are neglected.
The energy transition refers to the shift from reliance on fossil fuels to renewable and cleaner energy sources for a more sustainable and environmentally friendly future.
Dr. Akande issued this warning in her goodwill message at the public presentation of the Workers’ Charter of Demand and Stakeholders’ Engagement held on Thursday in Abuja.
She stressed the importance of worker inclusion in the clean energy transition, warning that ignoring labor rights could jeopardize the process.
“A clean energy transition cannot be successful if workers are neglected. We must create mechanisms for reskilling and upskilling, particularly for workers who have spent their careers in the fossil fuel industry,” she stated.
Dr. Akande also highlighted the renewable energy sector’s vast potential for job creation, emphasizing the need for strong policies to prevent unemployment and poor working conditions.
“Without strong policies, many workers could face job losses or poor working conditions,” she warned.
Her goodwill message reinforced the urgent need for collaboration among government, labor unions, and industry stakeholders to ensure that Nigeria’s transition to clean energy is both equitable and sustainable.
Dr. Akande commended Friedrich-Ebert-Stiftung (FES) Nigeria and its partners for their dedication to advocating labor rights amid Nigeria’s energy transition process.
The event, organized by the Institute for Peace and Conflict Resolution (IPCR) in collaboration with FES Nigeria, also marked the launch of the Justice Department Transition Project, which aims to ensure a just and sustainable shift to renewable energy.
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