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SWDC Bill Assent: Senator Daniel Hails President Tinubu, Senate Leader, SW Lawmakers 

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Senator representing Ogun East, and former Governor of Ogun State Otunba Gbenga Daniel, has congratulated the South-West lawmakers for their relentless efforts in securing the passage of the South-West Development Commission (SWDC) Bill, describing it as “a hard fight worth its while.” He assured that the signing of the bill into law by President Bola Ahmed Tinubu marks a new era of development for the region.

 

In his congratulatory message, Senator Daniel commended President Tinubu and members of the National Assembly (NASS), especially his South-West colleagues in the Senate, for their unwavering commitment to the actualization of the bill. He expressed optimism that the South-West Development Commission would accelerate economic growth, improve infrastructure, and create more opportunities for the people of the region.

 

“This is a landmark achievement and a defining moment in our collective quest for regional development. The signing of the SWDC Bill into law signifies a new dawn of prosperity for the South-West, ensuring that the region receives the necessary support for industrialization and infrastructure development,” Daniel stated.

 

President Tinubu, on Monday, signed into law three key bills: The South-West Development Commission Bill, the South-South Development Commission Bill, and the Nigeria Anti-Doping Bill, 2025. The move, described as a milestone in the administration’s efforts to promote regional development and uphold integrity in sports, was announced in a statement by Senator Basheer Lado, Special Adviser to the President on Senate Matters.

 

Otunba Daniel emphasized the importance of this development in fostering balanced and inclusive growth across Nigeria, stating that, “With this bold step, the President has once again reaffirmed his commitment to regional development. The South-West, being a hub of innovation and enterprise, will benefit immensely from the interventions of this commission.”

 

The South-West Development Commission is expected to drive industrialization, enhance infrastructure, and create employment opportunities in the region. This follows the earlier establishment of the South-East Development Commission, underscoring the Federal Government’s commitment to ensuring all regions receive equitable attention in their developmental needs.

 

“The journey to this point was not easy, but our collective perseverance has paid off. This commission will serve as a catalyst for economic prosperity, empowering our people and positioning the South-West as a major driver of national progress,” Otunba Daniel concluded.

 

The signing of the bill has been widely welcomed across the South-West, with many stakeholders hailing it as a game-changer for economic development and regional empowerment.

The senator fondly called OGD took the helm in the Senate in August 2023, proposing the bill  for the establishment of the South West Development Commission.  This important bill, supported  by all Southwest Senators and spearheaded by Senate leader Opeyemi Bamidele, marks a significant step towards addressing the region’s pressing developmental needs.

 

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Sterling Bank Records Positive Impact from Zero Transfer Fees Policy

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Sterling Bank

Sterling Bank Zero Transfer Fees policy returns N1.6bn to customers, boosting inclusion, transaction growth, and digital banking adoption

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Israeli President Visits Australia After Deadly Bondi Attack

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Israeli president Australia visit follows the Bondi Beach attack, as Isaac Herzog honours victims amid protests and political controversy

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Nigeria’s Job-Creation Strategy Anchored on Macroeconomic Reform and Private-Sector Growth — Foreign Affairs Minister

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Yusuf Tuggar

 

Nigeria’s Honourable Minister of Foreign Affairs, Amb. Yusuf Maitama Tuggar, has outlined the country’s job-creation strategy, emphasising that sustainable employment growth is being driven by far-reaching macroeconomic reforms under the Tinubu Administration.

Speaking at the Africa Jobs Engine Panel on the margins of the World Economic Forum, the Minister explained that Nigeria’s approach is focused on restoring macroeconomic stability and creating clear, investable pathways for the private sector.

He highlighted recent reforms, including the stabilisation of the foreign exchange regime, the removal of fuel subsidies, and ongoing power-sector restructuring that separates generation, transmission, and distribution. According to the Minister, these measures are designed to improve transparency, reduce distortions, and attract long-term private investment, particularly in energy-intensive and job-rich sectors.

According to a statement signed by  Alkasim Abdulkadir SA Media to the minister , he also noted that comprehensive tax reforms are underway to improve efficiency, enhance predictability, and strengthen Nigeria’s competitiveness as a destination for business and investment.

Referencing Nigeria’s hosting of the West Africa Economic Summit (WAES), he stated that the summit was conceived to bridge information gaps by equipping the private sector across the region with practical knowledge of regional frameworks and opportunities, including the West African Power Pool and other enabling regulatory instruments.

He stressed that while government’s responsibility is to provide stable and enabling conditions, the private sector remains the primary engine of job creation. In this context, the Minister pointed to the emergence of local production ecosystems that are increasingly converting raw materials into finished goods, supported by stronger linkages between labour, finance, and markets. These developments, he noted, are already expanding opportunities for women and young people.

The Honourable Minister further cautioned that the African Continental Free Trade Area should remain firmly focused on its core mandate of economic integration. He underscored that deepening intra-African trade, industrial linkages, and value chains is essential to sustaining long-term growth and employment across the continent.

He concluded by reaffirming Nigeria’s commitment to reforms that strengthen confidence, unlock private capital, and position the economy as a platform for inclusive growth and job creation in Africa.

 

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