Danish billionaire pledges to invest heavily in Nigeria after meeting with President Tinubu
Danish billionaire pledges to invest heavily in Nigeria after meeting with President Tinubu
Danish billionaire and Founder of Bestseller Foundation, Anders Povlsen with President Bola Tinubu at the State House, Abuja on Tuesday.
Investment
By Muhyideen Jimoh
Abuja, Oct. 28, 2025 (NAN) Danish billionaire and Founder of Bestseller Foundation, Mr Anders Povlsen, has pledged to invest in Nigeria’s digital economy, entertainment and sports sectors.
Povlsen made the commitment on Tuesday during a courtesy visit to President Bola Tinubu at the State House, Abuja.
He was accompanied by the Danish Ambassador to Nigeria, Jens Hansen, and other senior officials from the Danish Government.
Povlsen, Denmark’s richest man, emphasised the need for deeper collaboration between both countries in technology, culture, creative economy and youth-driven innovation.
”We would love to invest. We clearly see opportunities. We see the talent. We see the creativity. Some of it we admire in our daily life in Denmark, whether it’s music, whether it’s fashion.
”We’re already talking, as Boson mentioned, we’re already taking first steps in investing in future Africa and goodwill.
” And we’re supporting the Fashion Week in Lagos this week also. We’re looking forward to join that later.
He said plans are underway to invest more in his football academy in Nigeria, so as to churn out more talents for the national teams.
”So, football is one of them (where we hope to invest more). And I am honored to tell you that our academy have three players in the national team,” he added.
Povlsen commended President Tinubu’s ongoing reforms, noting that they were creating new and sustainable investment opportunities across Nigeria’s economy.
Earlier, President Tinubu reaffirmed his administration’s commitment to encouraging investors, particularly those interested in technology and youth development.
“I must just say thank you very much for believing in us. We are a country that is hoping and willing to partner with many people like you, other countries that believe in recognition and placing their value in our youth, and particularly innovation and digital economy.
”Cultural value and sport is one of those aspects of Nigeria that we are trying to nourish. And we will partner with you. I promise that.
The President said his government’s reforms were designed to strengthen Nigeria’s position as Africa’s leading economy and innovation hub.
Minister of Communications, Innovation, and Digital Economy, Bosun Tijani thanked the Danish mogul for believing in Nigeria, while stressing the need for more partnerships.
”He’s a man that even before turning up for Nigeria, he’s invested significantly in a lot of ventures here, including the Future Africa Early Stage Fund, Aletheia Capital.
”And I think the most exciting, actually, is that he owns a football club in Denmark and a football academy in Shagamu,”
Tijani said that Denmark is deepening partnership with Nigeria in the area of digital economy and investment in the nation’s fiber optic network.
The News Agency of Nigeria (NAN) reports that the meeting is part of ongoing efforts to attract foreign investment and expand Nigeria–Denmark economic cooperation.
Povlsen’s visit is expected to open new opportunities for trade, technology exchange, and private-sector collaboration between both countries.
(NAN)
News
Tinubu mourns Abubakar’s passing, the Imam who shielded over 200 Christians in his mosque during communal riot
Tinubu mourns Abubakar’s passing, the Imam who shielded over 200 Christians in his mosque during communal riot
President Bola Tinubu has expressed deep sorrow over the death of Imam Abdullahi Abubakar, Chief Imam of Nghar village, Barkin Ladi Local Government Area of Plateau, who passed away at 92.
This is contained in a statement issued by Presidential Spokesperson, Mr Bayo Onanuga, on Friday in Abuja.
The late cleric gained national and international recognition in 2018 for sheltering more than 200 Christians during communal violence in Plateau.
Tinubu described Abubakar as an extraordinary religious leader whose life exemplified faith, courage and a deep reverence for the sanctity of human life.
“At such a time when tribal and religious tendencies seemed to overwhelm reason, Imam Abubakar stood firmly on the side of peace, benevolence and conscience.
“Mindless of the enormous risk to his own life, the noble cleric chose humanity over division, love as opposed to hatred and embrace rather than rejection,” the President said.
He said the Imam’s actions embodied the true essence of faith and delivered a powerful message beyond sermons.
The President noted that the cleric’s uncommon bravery earned him local and international honours celebrating peaceful coexistence.
“I urge religious and community leaders to imbibe and preach the spirit of tolerance, mutual respect and peaceful togetherness as expounded in the life of Imam Abubakar,” Tinubu said.
He prayed that God grants the late Imam eternal rest and rewards him for his courage and good deeds. (NAN)
News
Govt. introduces solar installation, garment making, GSM repairs in jss curriculum
Govt. introduces solar installation, garment making, GSM repairs in jss curriculum
The Anambra Government has introduced 15 entrepreneurial subjects into the Junior Secondary School (JSS) curriculum to enhance students’ practical skills and foster an entrepreneurial mindset.
The News Agency of Nigeria (NAN) reports that the new subjects include solar installation, garment making, GSM repairs, agriculture and processing, plumbing, tiling, POP installation and event management.
Others are bakery, hairstyling, make-up, interior design, CCTV/intercom installation, digital literacy, information technology and robotics.
Prof. Nkechi Ikediugwu, Chairperson ,Post Primary Schools Service Commission (PPSSC), while speaking at the occasion in Awka on Friday, said the initiative was aimed at repositioning education to meet contemporary needs.
Ikediugwu noted that in a rapidly changing world, education should go beyond theory and examinations to equip students with practical skills, creativity, innovation and an entrepreneurial mindset.
“The goal of the programme is to prepare learners, not only to seek jobs but to create value, generate employment and contribute meaningfully to the economic development of the state,”she said.
Mr Cyril Nwuche of Nnamdi Azikiwe University, Awka, delivered a paper titled “Building Entrepreneurial Secondary Schools: Why Every School Needs an Entrepreneurship Club”.
Nwuche said the introduction of entrepreneurial subjects showed that the government was on the path to transforming the state’s economy.
“Traditional academic instruction alone is no longer sufficient to prepare children for the future.
“There is the need for schools to embrace practical and skill-based learning to enable students to thrive in a dynamic global environment, ” he said. (NAN)
News
Two men docked for allegedly defiling underaged girl
Two men docked for allegedly defiling underaged girl
The police in Lagos on Friday, charged two men before an Ikeja Chief Magistrates’ Court for allegedly defiling an 11- year-old girl.
The defendants are: Prince Tomnyie, 40, a businessman, who resides at Agege, and Micheal Adenuga, 24, a furniture maker, who resides at Atere Street in Lekki.
They are standing trial on charges of defilement, and had each pleaded not guilty to the charges.
The prosecutor, ASP Adegoke Ademigbuji told the court that they committed the offence sometimes in December 2024, and September 2025, at Langbasa Ajah and Igbara Lekki, Lagos .
The prosecutor alleged that the victim’s father, had taken his daughter for medical check and it was discovered that the minor had been defiled.
The prosecution alleged that the victim had told her father that his friend, Tomnyie, defiled her sometimes ago.
Ademigbuji alleged that the victim also mentioned the second defendant’s name who lives in their neigbourhood.
The offence contravenes the provisons of section 137 of the Criminal Law of Lagos, 2015.
The Chief Magistrate, Mr L. A Owolabi, granted the defendants bail in the sum of of N600,000 each, with two sureties each in like sum.
He adjourned the case until March 5, for mention. (NAN)
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