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Elite consensus required to turnaround Nigeria’s economy – Ochefu

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• Prof Uche Uwaleke, professor of capital market and the Special Adviser to the Senate Committee Chairman on Capital Market, JAMB CEO/Registrar, Prof Ishaq Oloyede and Minister of Information and National Orientation, Alhaji Mohammed Idris at the GOCOP Conference
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…Laments paltry 9% investment in Education

The elites in Nigeria must unanimously agree about the fundamentals of the economy including the norms of the social system, Professor Yakubu Ochefu, has suggested.

Ochefu, the Secretary-General of the Committee of Vice Chancellors of Nigerian Universities (CVCNU), said that the current state of the economy requires elite consensus; a phenomenon which most developed social formations have in common.

He was speaking as a panelist at the 7th annual conference of the Guild of Corporate Online Publishers (GOCOP), held in Abuja, stressing a need to address the issue of elite consensus if the country must talk about economic growth and sustainable development.

According to Ochefu, the character and lifestyle of the elites play significant role in shaping the country’s development trajectory.

The panelist further advised the government to improve its investment in education noting that Nigeria is currently doing 9% in terms of space for higher education as “over 200 Universities we have are not enough to cater for large number of Nigerians seeking tertiary education”.

He decried a situation where those in position of leadership amass wealth more than they need to the detriment of the economy and the Nigerian people.

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Other panelist include Hadiza Bala Usman whereas the keynote address on ‘Nigeria: Roadmap for Socio-Economic Recovery and Sustainability’ was presented by Prof Uche Uwaleke, a professor of capital market and the Special Adviser to the Senate Committee Chairman on Capital Market.

Earlier in her welcome remarks, the president of GOCOP, Maureen Chigbo, said security was important as there can be no investment without security and underscored the purpose of the conference theme.

“There is a new administration in town, so there is need to assist them with professional information to build sound roadmap.”

Giving a background on GOCOP, and the choice of Abuja, the president, who is the publisher of RealNews online, noted the group is made up of mediapreneurs who are seasoned practitioners.

GOCOP, she said, has created mechanisms to control and discipline any erring members to ensure credibility in online journalism.

The 2023 conference was chaired by the chief executive officer and Registrar of the Joint Admissions and Matriculation Board (JAMB), Prof Ishaq Oloyede, whereas the Minister of Information and National Orientation, Alhaji Mohammed Idris led the Federal Government delegation to the annual conference.

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Obi donates N10 million to burnt hospital in Enugu

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Mr Peter Obi presenting a cheque of 10 Million Naira to assist in the renovation of the burnt Mother of Christ Specialist Hospital, Enugu State.
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Presidential candidate of the Nigeria Democratic Congress (NDC) in the forthcoming 2027 general election, Mr. Peter Obi, has donated N10 million to assist in the renovation of the burnt Mother of Christ Specialist Hospital, Enugu State.

The former Anambra State governor handed over the cheque for the donation to the hospital management team when he visited the hospital yesterday.

The hospital belongs to the Reverend Sisters of the Immaculate Heart of the Catholic Church.

Mr Peter Obi inspecting the burnt hospital

Addressing the hospital management team after inspecting parts of the burnt hospital, the NDC presidential candidate commended them for their efforts in contributing to healthcare delivery services.

Telling them that even though they might feel that they were not being appreciated for what they were doing, Obi, however, described healthcare delivery services and education as among the “most critical needs of society” and urged them not to relent in what they were doing.

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Accompanied during the visit by his Chief of Staff, Commissioner for Housing, as well as Special Adviser on Media when he was Anambra State governor, Prof. Stella Okunna, Prof. Patrick Obi, and Dr. Valentine Obienyem respectively, Obi assured the hospital management team that he would continue to support them.

Part of the hospital gutted by the inferno and inspected by Obi was the Children’s Ward.

Expressing gratitude on behalf of the hospital management, the Chief Medical Director of Immaculate Heart Hospital, Nkpor, Anambra State, Rev. Sister Dr. Maria Nkiruka Okafor, eulogised Obi for his sacrifices and selfless contributions to humanity.

Disclosing that Obi had already credited the hospital’s accountant with the N10 million donation and that he was even the person who called her to inform her that he had received the sad news of the inferno and promised to donate towards the renovation, Rev. Sister Okafor described him as a rare politician.

She prayed that God would grant him his ambition to become President of the country and enable him to achieve his desire to transform it.

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FG, Enugu State target direct China-Enugu Cargo flights by December – Keyamo

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Aviation Minister, Festus Keyamo
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The Federal Government and Enugu State Government are in talks to ensure the commencement of direct cargo flight operations between Enugu and Guangzhou, China, before the end of the year.

The Minister of Aviation and Aerospace Development, Barr Festus Keyamo, disclosed this in Lagos during the launch of the United Air’s newly acquired airplanes on Thursday.

The Minister added said the FG had affected a structural management overhaul at the Akanu Ibiam International Airport, also bringing the airport under a privately run operational framework.

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“One of our prides in the South is the Enugu International Airport. The Enugu governor approached Mr. President, noting that the airport was not maximising its economic potential under standard bureaucratic structures, and requested to bring in private investors to run it. Mr. President gave the green light.

“As I speak with you, Enugu is now fully privately owned and fully supported by state government, with the clear objective of also turning it into a dedicated cargo hub for the entire Southeast.”

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To this effect, therefore, Keyamo said that a high-level bilateral trade negotiations were ongoing with a view to securing direct logistics flights between China and the Southeast by the end of 2026.

“Just two days ago, the Enugu governor and I were actively negotiating the first direct cargo flight from Guangzhou, China, straight into Enugu.

“We are targeting December for the maiden flight. This will allow our Southeast merchants and traders in China to consolidate their goods into unified cargo accounts twice a week, flying straight into Enugu for seamless delivery to hubs like Onitsha and Aba,” he concluded.

It is recalled that Governor Mbah had in July 2025 launched Enugu Air, a state-owned airline, as part of the administration’s integrated blueprint for a modern, multimodal transport ecosystem and the vision to make Enugu a major aviation and logistics hub.

Since then, Enugu Air has grown its fleet from three at inception to six planes with plans to further increase it as it prepares to commence operations to regional destinations like Accra, Libreville, Abidjan in next few months and long haul flight operations to various destinations around the world by the end of the year.

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Retired Generals raise alarm over insecurity, say govt must be proactive

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Late Major General Rabe Abubakar (rtd)
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