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Nigeria Calls For Total Elimination Of Nuclear Weapons

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Nigeria Calls For Total Elimination Of Nuclear Weapons

Nigeria has again called on nuclear-armed States for the total elimination of their nuclear weapons, saying they are “inhumane weapons”.

Amb. Kadiri Audu, Nigeria’s Permanent Representative to the UN Offices in Geneva, made the call while delivering Nigeria’s statement at the General Debate in Geneva.

The debate was on the Second Preparatory Meeting of the 2020 Review Conference of the Parties to the Treaty of the Non-Proliferation (NPT) of Nuclear Weapons.

The Nigerian envoy said: “Our world is not safer today than it was yesterday. Nuclear weapons remain a major threat to humanity and to global peaceful co-existence.

“From the threats posed by the early generations of atomic bombs, we are now faced with a collection of modern, and far more powerful lethal weapons, whose detonation could spell doom for our entire planet.

“Nigeria considers the current and existential threat of nuclear weapons unacceptable. As States Parties, it is our obligation to work concertedly to avert the catastrophic consequences of their possible use or threat of use.

“As a result, we must not allow this auspicious conference pass into history without targeted outcomes. We must seize the opportunity it offers to reaffirm our commitment to the NPT”.

According to him, NPT is a pivotal instrument for ultimately achieving the global collective resolve to eliminate nuclear weapons from the arsenal of States.

Nigeria reaffirmed its support for the goal of general and complete disarmament, saying we believe that nuclear disarmament and non-proliferation are mutually reinforcing.

Kadiri said nuclear disarmament remained the only effective path to non-proliferation, pointing out Nigeria’s unrelenting commitment to a nuclear-free world by its ratification of several non-proliferation protocols.

These are the 1997 model additional protocol, the safeguards agreements with the International Atomic Energy Agency, the entry into force of the Treaty of Pelindaba, and as a co-sponsor of the de-alerting resolution.

“It is imperative that Non-nuclear weapons states are assured against the threat or impact of the deployment of nuclear weapons under a legally binding framework.

“To preserve the mutual trust necessary to safeguard existing assurances, the moratorium on nuclear testing should be maintained.

“In addition, we support the growing focus on the humanitarian consequences of the use of nuclear weapons,” the Nigerian envoy said.

Nigeria said it continued to welcome any gesture by nuclear-armed States to reduce their stockpile adding, however, its highest expectation is for these States to wholly eliminate their nuclear arsenals.

He encouraged states not yet party to the NPT to cease developing and testing these weapons of mass destruction, while also welcoming the growing diplomatic initiatives on the Korean Peninsula.

The Nigerian Permanent Representative said: “The African Nuclear Weapons Free Zone Treaty (Treaty of PELINDABA) continues to consolidate on the objective for its establishment.

“Besides promoting the Pelindaba Treaty, Nigeria fully supports the establishment of free zones across all regions, including in the Middle East.

“We are conscious that no nation is safe in the event of a successful act of nuclear terrorism. In this regard, Nigeria remains a constructive supporter of all efforts to promote Nuclear Security”.

Kadiri reaffirmed Nigeria’s strong commitment to meeting its obligations under the treaty, and pledged his delegation’s preparedness to engage constructively in the course of this conference.

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EVENTS

Nigeria Selects “Mai Martaba” As International Feature Film (IFF) Contender For 2025 Oscars

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Mai Martaba as international feature film contender | fab.ng

The Nigerian Official Selection Committee has selected the epic Hausa film, Mai Martaba as its contender for the International Feature Film (IFF) category at the 97th Academy Awards. The Committee announced in an official statement that they selected the film to contend for the Oscars because of its theme and visual appeal.

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MUSIC

Don Jazzy Announces Tega Oghenejobo As The New President Of Mavin Records

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Tega Oghenejobo As The New President Of Mavin Records | fab.ng

On Tuesday, October 29, 2024, Michael Collins Ajereh, the visionary founder of Mavin (Records) Global, better known by his stage name Don Jazzy, announced a significant expansion within the company. He announced Tega Oghenejobo as the new president of Mavin Records.

Tega has been an integral part of Mavin’s journey. Now, his position as President has elevated his status in the company. In addition, he has been in the existing role of Chief Operating Officer (COO).

Don Jazzy expressed his admiration for Tega’s passion and resilience. He acknowledged his ability to spot these qualities in Tega from the early stages of their professional relationship.

He said,

I’m proud to announce @TEGAMAVIN expanded role as President and COO of Mavin. I am often praised for being able to spot and raise superstars, but I can proudly say the most genius thing I have done in my life was being able to spot the passion and resilience in Tega.”

“From the early days, I’ve watched him be curious about the business, build teams, develop executives, and ensure our talents have sustainable careers from the start. His commitment to growing Mavin and shaping the future of African music has been relentless, and I’m confident that with him in this role, we’ll continue to break new ground and achieve even bigger milestones for our artists and company,” he added.

Accepting the appointment gracefully, Tega Oghenejobo said,

“I’m honored to step into this new role as President & COO of Mavin Records. It means embracing new challenges, setting new goals, and reaching new heights. Thank you, Supreme Leader @donjazzy, for your unwavering belief and trust in me to lead the Mavin team.”

Check here for more updates.

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BUSINESS

Moniepoint Reaches African Unicorn Status With $110 Million Funding Boost

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Moniepoint reaches African unicorn status | fab.ng

Moniepoint Inc., a leading fintech company in Africa, has successfully raised $110 million in equity financing. This is to power the dreams of millions of businesses and their customers across the continent and the diaspora.

The Series C investment was led by Development Partners International’s African Development Partners (ADP) III fund. It is a premier fund focused on Africa.

Additionally, new investors joined the funding round. This includes a leading African private equity firm, Google’s Africa Investment Fund and Verod Capital. Existing investor, Lightrock, a global impact firm, also participated.

Tosin Eniolorunda and Felix Ike founded Moniepoint (formerly known as TeamApt) in 2015. Initially, it focused on providing infrastructure and payment solutions for banks and financial institutions. It has since grown into Nigeria’s leading business banking provider, trusted by millions of businesses.

The capital raised will be used to accelerate growth for Moniepoint across Africa.

Further, that entails building an all-in-one, seamlessly integrated platform for African businesses of all sizes. This platform will include services such as digital payments, banking, foreign exchange (FX), credit, and business management tools, making it a one-stop shop for business solutions.

Moniepoint’s exceptional contributions to Nigeria’s financial services sector have been widely acknowledged, along with its enviable track record of serving customers across Africa.

Each month, Moniepoint processes over 800 million transactions, with a monthly total value exceeding $17 billion, all while operating profitably.

Tosin Eniolorunda, Founder and Group CEO of Moniepoint Inc., expressed his excitement about the successful funding round and the company’s plans to expand its offerings and reach across the African continent.

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