Nigeria, Bangladesh partner on youth empowerment initiatives
The Federal Government of Nigeria and Bangladesh have reaffirmed their commitment to empowering Nigerian youth, recognising their critical role in shaping the future.
This commitment was emphasised during a courtesy visit by the Bangladesh High Commissioner to Nigeria, His Excellency Mr Masudur Rahman, to the Minister of Youth Development, Comrade Ayodele Olawande, in Abuja.
The Minister was represented at the meeting by the Ministry's Permanent Secretary, Mr Olubunmi Olusanya, according to a statement during the weekend by the Director, Information and Public Relations, Mrs Omolara Esan.
The statement further noted that Mr Olusanya, while speaking on behalf of the Ministry, highlighted the Ministry's dedication to unlocking the innovative and productive potential of Nigerian youth as a means of driving economic growth.
'For us in the Ministry, we are committed to embracing any initiative that enhances the potential of Nigerian youth. The future lies in their hands, and we will do everything possible to transform their lives for a better tomorrow.
'Youth who are not trained can become a burden to society, and we are determined to prevent such an outcome. A well-empowered youth population is crucial for Nigeria's progress,' Olusanya stated.
He further noted that the Ministry sees significant value in leveraging the expertise of Bangladesh to achieve its vision for youth empowerment and economic development.
On his part, the Bangladesh High Commissioner, His Excellency Mr Masudur Rahman, reiterated Bangladesh's commitment to strengthening ties with Nigeria in the area of youth development.
He emphasised the importance of economic diversification and the need to unlock the untapped potential of Nigerian youth both at home and in the diaspora.
'Nigerian youth are pivotal to the country's economic diversification efforts. Through this collaboration, we hope to create platforms for knowledge sharing, research exchange, and skills development in critical areas such as agriculture, technology, and business,' Mr Rahman stated.
He also highlighted Bangladesh's successful diversification model as an example Nigeria could adopt to expand its export base and promote value addition in various sectors.
This partnership marks a significant step toward fostering bilateral relations between Nigeria and Bangladesh and creating opportunities for youth empowerment, knowledge transfer, and sustainable economic growth.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hi Dubai
4 hours ago
- Hi Dubai
Ministry of Sports Launches UX Lab to Enhance Sabbatical Services
The Ministry of Sports has launched a dedicated User Experience Lab (UX Lab) at its Dubai headquarters to improve the digital journey of its sports sabbatical services, reinforcing the UAE's commitment to customer-focused government transformation. The initiative offered a hands-on simulation of the customer experience, enabling participants to assess and provide feedback on current services. Representatives from national sports federations, the Telecommunications and Digital Government Regulatory Authority (TDRA), and the Ministry's own digital transformation and customer happiness teams attended the session. The UX Lab is part of broader efforts under the Government Services 2.0 framework and the Zero Government Bureaucracy programme, both of which aim to simplify public services and eliminate administrative hurdles. Ghanim Mubarak Al Hajeri, Undersecretary of the Ministry of Sports, described the lab as a step towards delivering streamlined, smart services. 'Enhancing customer experiences is at the core of our mission. This initiative allows us to directly engage with service users, gather insights, and co-design better solutions,' he said. Six participants from various sports entities took part in one-hour evaluation sessions, reviewing their digital experience and identifying opportunities for improvement. The Ministry's focus on collaborative service design and operational efficiency reflects its long-term goal of offering frictionless government services that align with evolving user needs and the UAE's digital agenda. News Source: Emirates News Agency


Web Release
2 days ago
- Web Release
Ministry of Sports organises ‘UX Lab' event for Sports Sabbatical services as part of Zero Government Bureaucracy Program
The Ministry of Sports hosted the 'User Experience Lab' (UX Lab) at its headquarters in Dubai to enhance sports sabbatical services. The event presented an in-depth simulation of the digital customer journey, allowing participants to evaluate the sports sabbatical services offered by the Ministry. Attendees included representatives from various sports federations, the Telecommunications and Digital Government Regulatory Authority (TDRA), and specialists from the Ministry's digital transformation and customer happiness departments. The event highlighted the Ministry's ongoing efforts to enhance the efficiency of government services and simplify the processes for obtaining sports sabbatical services as part of the UAE's Government Services 2.0 framework and the Zero Government Bureaucracy program. In this context, His Excellency Ghanim Mubarak Al Hajeri, Undersecretary of the Ministry of Sports, stated that hosting the UX Lab is a testament to the Ministry's unwavering commitment to providing smart and integrated sports services that streamline transaction procedures for sports entities. In addition, he said: 'Enhancing customer experiences is one of the factors that drive our efforts to design services and simplify procedures. Through this initiative, we look forward to directly involving representatives of sports federations in the process of assessing the services and proposing solutions, further emphasising our belief that remarkable improvements in services begin with customers.' H.E. Al Hajeri added: 'We consider the UX Lab as a meaningful step towards our efforts to offer government services without any administrative complications, using optimisation tools and collaborative designs with customers. Through its results, we aim to make significant enhancements in sports sabbatical services and attain the goals of the Zero Government Bureaucracy Program.' The UX Lab will evaluate the current customers' experience with sports sabbatical services. In line with this, six representatives from sports entities who participated in the event were allocated one hour each to conduct a session assessing their digital journey and exploring opportunities for improvement. The event further aligns with the Ministry's efforts to provide seamless and effective government services focused on customer requirements. The Ministry of Sports continues its efforts to implement quality initiatives that enhance customer experiences and improve access to its services, guided by a customer-centric vision. By employing best practices in government service design, the Ministry aims to streamline processes and boost operational efficiency. This approach ensures smoother and more adaptable service experiences that align with the expectations of sports entities and support the country's digital transformation.


Zawya
3 days ago
- Zawya
Afreximbank tells investors Ghana up to date on loans, risking creditors' ire
LONDON - Afreximbank has signalled that Ghana has kept up loan repayments to it, two sources told Reuters, potentially setting Accra on a collision course with its other lenders that have already agreed to take losses to help the country recover from default. The African lender, the sources said, told investors on a May 15 call that Ghana and Malawi - which is also undergoing a debt restructuring - were "up to date" with their loan facilities, suggesting neither country had run up arrears. While Ghana's restructuring of $13 billion worth of international bonds and debts to official creditors concluded last year, it must also restructure its commercial debt before it can fully emerge from default. Afreximbank says it is a multilateral institution which, like the IMF and the World Bank, is exempt from taking losses when countries default. But sources told Reuters last month that the Paris Club group of official lenders has made it clear that Ghana, and also Zambia which similarly agreed a deal with its primary creditors last year, must restructure their debts to Afreximbank and the Eastern and Southern African Trade and Development Bank (TDB). In a letter seen by Reuters from Ghana's finance ministry to Afreximbank, dated May 21, the government requested the bank to begin debt treatment discussions. "The objective of these discussions is to identify debt treatment solutions that are acceptable to Afreximbank, while ensuring Ghana complies with the debt sustainability parameters of the IMF programme and the Comparability of Treatment principle as assessed by the OCC," the letter said. Ghana said in a statement on Thursday that it remained in arrears with all external creditors eligible for restructuring and that no creditor had been treated preferentially. Afreximbank declined to comment beyond a May 21 statement saying it was not participating in debt restructurings with member countries. Ghana defaulted in 2022, spurring the worst economic crisis in a generation against the backdrop of the COVID pandemic, Russia's invasion of Ukraine and higher global interest rates. The gold, cocoa and oil-producing nation owes Afreximbank at least $750 million, which, if counted as commercial debt, would make up almost a quarter of the country's near $4 billion of such loans, according to think tank ODI Global. It is unclear when Ghana and Malawi were due to make payments to Afreximbank. The timing is particularly pertinent for Ghana after it included a clause in international bonds issued late last year as part of its debt rework stipulating it cannot treat commercial creditors better than its bondholders. "Zambia, Ghana and Malawi are caught in the middle between different creditors," said Chris Humphrey, a senior research associate with ODI, adding that "they're being forced to make a difficult decision". Malawi and Zambia did not immediately respond to requests for comment. Zambia has also told other media that it would restructure Afreximbank debt. LENDER OF LAST RESORT Afreximbank, with a $42 billion balance sheet and shareholders including governments and private investors, is an important lender to the continent, particularly as concessional finance and aid funding shrink. Lutz Röhmeyer, head of portfolio management at Capitulum Asset Management, which holds Ghanaian bonds, said the bank is important for countries when they cannot access bond markets. "If you do not get any funding, you have to cut government spending." If Afreximbank's loans are deemed eligible for restructuring, its credit rating could be affected, in turn pushing up its own borrowing costs, its investors said. Fitch rates the lender 'BBB' and Moody's 'Baa1'. Afreximbank said in its first-quarter report that for its $27.8 billion loan book, its non-performing loans ratio was 2.44%, without identifying individual clients. Fitch warned last year that an NPL ratio above 6% was among factors that could lead to a negative rating action or downgrade. While some of its lending is at rates above those that are widely considered concessional terms, some point to Afreximbank's willingness to step in as a lender of last resort at times of strife for countries such as Ghana. Accra paid as much as 9.55% to the lender for parts of its loan arranged in 2022, shortly before it tumbled into default.