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More Students of Tertiary Institutions to Benefit as AUDA-NEPAD join forces with Renewed Hope Initiative RHI

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Another set of 200 students in Nigeria are set to benefit from scholarship at the African School of Economics.

This is a new collaboration between the Renewed Hope Initiative, a project of Nigeria’s First Lady, Senator Oluremi Tinubu CON and African Union Development Agency (AUDA NEPAD)

This was disclosed during a courtesy visit by Ms Gloria Akobundu, the National Coordinator, NEPAD and Mr Obinna Obiwulu, the Director of Communications, African School of Economics (ASE) to the First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu CON at the State House, Abuja on Wednesday.

First Lady of the Federal Republic of Nigeria Her Excellency Senator Oluremi Tinubu CON receives Mrs Gloria Akobundu, Chief Executive Officer African Union Development Agency- New Partnership for Africa’s Development, AUDA-NEPAD and Mr Obinna Obiwulu , Director of Communication during a courtesy visit to the First Lady at the State House Abuja where AUDA-NEPAD disclosed their readiness to partner RHI on Scholarship to 200 students
First Lady of the Federal Republic of Nigeria Her Excellency Senator Oluremi Tinubu CON receives Mrs Gloria Akobundu, Chief Executive Officer African Union Development Agency- New Partnership for Africa’s Development, AUDA-NEPAD and Mr Obinna Obiwulu , Director of Communication during a courtesy visit to the First Lady at the State House Abuja where AUDA-NEPAD disclosed their readiness to partner RHI on Scholarship to 200 students



As evident from the National Scholarship Programme, NASP, Tertiary Education, the project recently flagged off by The First Lady aimed at providing acess to education, is one of the passions of Nigeria’s First Lady.

Excited to have the partnership, the First Lady described the opportunity for Nigerian students to have entrepreneurial education as what the nation needs at this time, when many youths erroneously wait for white collar job after their tertiary education.

” In the developed world if you are not innovative enough then you will become jobless, so to have a school where entrepreneurship is being driven is very well thought out and commendable of the founder of Princeton University”

According to Ms Akobundu, the NEPAD strategic partnership is focusing on various sectors, in line with the objective of AUDA-NEPAD in the area accelerating of economic empowerment for women.


She said NEPAD is known for partnership with public and private sectors and for governance, development and economic growth which she said are part of the focus that attracted them to work with RHI.

Accorsing to her,, NEPAD which has now been transformed to the African Union Development Agency (AUDA) was a pledge by African leaders based on common vision to eradicate poverty in the country.

“In line with our mandate, AUDA-NEPAD in partnership with ASE on development, economic and resource mobilisation is offering scholarship captioned to 200 children captioned “Sen. Remi Tinubu’s Scholarship Fund’’ in partnership with the Renewed Hope Initiative mission.
“The project is designed to provide equal opportunity of access to the highest global standards of tertiary education to young Nigerians.

NEPAD is an economic development programme of the African Union. It was adopted by the African Union at the 37th session of the Assembly of Heads of State and Government in July 2001 in Lusaka, Zambia.

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JUST IN: NIMASA closes two terminals in Lagos over ISPS Code violations

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Lagos State officials of the Nigerian Maritime Administration and Safety Agency, NIMASA, have sealed off ShellPlux and TMDK terminals, situated in the Ijegun-Egba area of the state, over repeated violations of the International Ship and Port Facility Security, ISPS, Code.

The action, announced on Thursday by NIMASA’s Head of Public Relations, Osagie Edward, stems from the agency’s responsibility as Nigeria’s designated authority for enforcing the ISPS Code, which was developed under the International Maritime Organisation, IMO, as part of amendments to the SOLAS Convention.

The code is designed to strengthen security protocols for ships and port facilities engaged in international commerce.

Edward stated that the shutdown followed consistent failure by the two terminals to comply with ISPS Code requirements, despite multiple formal warnings issued over time.

“This enforcement action is in line with global maritime security standards and conforms with Section 79(f) of the ISPS Code Implementation Regulations, 2014, which permits the closure of non-compliant facilities that remain in breach for more than three consecutive months,” he stated.

Commenting on the enforcement, NIMASA Director General, Dr Dayo Mobereola, noted that the agency resorted to the measure only after exhausting all other options.

“Our intervention is not punitive but necessary to protect Nigeria’s maritime assets.

As we work closely with the United States Coast Guard to improve Nigeria’s compliance status and remove existing conditions of entry for vessels, lapses like these cannot be ignored,” Mobereola said.

He emphasized that both facilities play vital roles in trade facilitation and would be reopened once they demonstrate full compliance with ISPS standards.

Mobereola also reiterated the commitment of the Minister of Marine and Blue Economy, Adegboyega Oyetola, to ensuring the growth of a secure, efficient, and sustainable maritime environment that supports international trade.

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FEC Hold Session of Tributes for Buhari, Tomorrow

President Bola Ahmed Tinubu will lead the session of tributes for the departed leader

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A special session of the Federal Executive Council in honour of former President Muhammadu Buhari will be held on Thursday 17 July from 1pm.

President Bola Ahmed Tinubu will lead the session of tributes for the departed leader, according to Bayo Onanuga, Tinubu’s spokesman.

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JUST IN: Court Discharges Ex-Ekiti Governor Fayose of ₦6.9bn Money Laundering Charges

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The Federal High Court in Lagos has discharged former Ekiti State Governor Ayodele Fayose of money laundering and theft charges totaling ₦6.9 billion.

Justice Chukwujekwu Aneke, who presided over the case, upheld a no-case submission filed by Fayose’s legal team, ruling that the Economic and Financial Crimes Commission (EFCC) failed to establish a prima facie case or link him directly to the alleged offences.

Originally arraigned in 2018 before Justice Mojisola Olatoregun, the case was later reassigned to Justice Aneke at the EFCC’s request.

The anti-graft agency had accused Fayose of receiving ₦1.2 billion for his 2014 governorship campaign and accepting $5 million in cash from then Minister of State for Defence, Musiliu Obanikoro, without passing through a financial institution. He was also alleged to have laundered over ₦1.6 billion through companies such as De Privateer Ltd and Still Earth Ltd to acquire properties.

Fayose and his company, Spotless Investment Ltd, were re-arraigned on 11 counts of money laundering and theft, with the alleged crimes said to have been committed during his time in office, involving funds reportedly traced to the Office of the National Security Adviser.

Defending the former governor, Senior Advocate of Nigeria (SAN) Chief Kanu Agabi argued that the EFCC failed to substantiate its claims and noted that key figures allegedly involved, including Abiodun Agbele, were not charged.

“The predicate offences on which these charges are based do not hold water. Criminal breach of trust and conspiracy are distinct, and no co-conspirator was charged alongside the defendant,” Agabi stated.

Agreeing with the argument, Justice Aneke ruled in favour of the no-case submission and discharged Fayose.

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