GASDI Conference: Charting New Path for Sustainable, Equitable Development

In response to global crises, Global Affairs and Sustainable Development Institute (GASDI), Osun State University, recently held the 2025 International Sustainable Development Dialogue. The event brought together global and local experts to explore how science, humanities, and local knowledge can collaboratively advance sustainable and equitable development in an increasingly unstable world. Funmi Ogundare reports

Against a backdrop of global uncertainty from climate change to political instability and economic inequality scholars, policymakers, and development practitioners from around the world, recently converged in Osun state University for the fifth International Sustainable Dialogue (ISDD) organised by Global Affairs and Sustainable Development Institute (GASDI).

Themed, ‘Sustainable Development in the Age of Crisis: Humanities, Science and a More Equitable World’, in collaboration with Rosa Luxembourg, South Africa, the 2025 edition of the conference offered more than just academic deliberations. It emerged as a critical platform for cross-sector dialogue, promoting collaboration between science and the humanities to chart a more just and resilient future. 

It had the objectives of fostering inter-sectoral collaboration, strengthen policy implementation, and addressing inequality with urgency and empathy as the world races toward the 2030 SDG deadline amid growing global crises, the conference  convened scholars, policymakers, and development practitioners.

Earlier in his remarks, the Vice Chancellor of the university, Prof. Odunayo Clement Adebooye described the theme  as a timely response to a world plagued by insecurity, conflict, and economic disruption.

“There is no nation that is completely immune from crisis; only the magnitude and degrees of consequence may vary,” he  warned. “This dialogue is crucial because crisis-related challenges are fundamentally interconnected and transcend national borders.”

Referencing recent international tensions, including the escalating conflict between Israel and Iran,the VC  stressed the global implications of such hostilities, citing humanitarian catastrophes, economic disruptions, and geopolitical instability as pressing threats to sustainable development.

Adebooye reaffirmed UNIOSUN’s commitment to supporting policy-relevant academic research and international collaboration in development discourse, while expressing hope that the dialogue would produce actionable communiqués and frameworks for future implementation.

The Director of GASDI, Prof.  John Agbonifo,  called for  urgent, collaborative, and adaptive approaches to achieving the Sustainable Development Goals (SDGs).

“The world has changed drastically. The strategies for sustainable development were crafted in an era of relative global stability, but we now live in fluid and unstable times,” said Prof. Agbonifo. “With ongoing conflicts such as Russia-Ukraine and Israel-Iran, it’s clear that the original roadmap to the SDGs cannot remain static. We must adapt or risk falling short.”

He told THISDAY that the current crises expose the fragility of global development frameworks and the urgent need to rethink both the means and partnerships for achieving sustainability targets. 

But despite the bleak outlook, the conference, he noted, is grounded in hope. “We’re not giving up. Even in uncertain times, there are pathways we can forge together to negotiate these crises,” he said. 

He also identified a key barrier to recognising the integrated nature of the SDGs, saying  that fragmented and uncoordinated efforts across institutions undermine national progress.

“You can’t achieve Goal one (no poverty) without addressing Goal four [quality education) or Goal five (gender equality)” he explained. “If hospitals, schools, and religious institutions are not aligned with gender equality policies, or if ministries act in silos, then real progress becomes impossible.”

He cited the example of sexual violence cases against minors, where informal settlements often derail justice. “When perpetrators are allowed to walk free through private arrangements, it sends the wrong message. It undercuts our commitment to gender justice and perpetuates a cycle of impunity.”

He stressed the need for interdisciplinary collaboration saying that participants must recognise the SDGs not just as policy goals, but as a shared ethical and societal responsibility.

“Leaving no one behind should also mean leaving no perspective behind. The sciences and humanities must work together,” Agbonifo said. “Compassion, equity, and innovation must converge if we hope to build a more sustainable and just world.”

Former Director General, Nigerian Institute of Advanced Legal Studies (NIALS), Prof. Taofeek Ladan who spoke on  ‘Strategies for Accelerating the Realisation of the UN SDGs in Africa’, expressed concerns about Africa’s lagging progress toward the SDGs, warning that most targets are off-track, particularly in the areas of poverty reduction, energy access, and gender equality.

According to Ladan who spoke virtually, only 35 per cent of SDG targets in Africa are on track or show moderate progress. A staggering 27 per cent show minimal movement, while 80 per cent of energy-related targets have actually regressed below 2020 levels, based on recent data from the African Development Bank.

The impact of COVID-19 and ongoing crises across African nations, he noted, have significantly derailed efforts to eradicate poverty, SDG 1, adding that Africa now accounts for 9 per cent of the world’s poor, and progress in building robust social protection systems remains uneven.

“While some countries are working to strengthen social safety nets, the scale of the challenge has been exacerbated by economic shocks and weak infrastructure,” said Ladan. Two of the biggest challenges slowing SDG progress, the former DG said, are lack of reliable data and massive financing gaps, adding that many African countries, struggle to track progress on critical indicators due to weak statistical systems. 

“This affects not only poverty metrics but also those related to gender equality (SDG 5), electricity access (SDG 7), and climate action (SDG 13).The funding shortfall is equally severe. “Achieving the SDGs is capital-intensive,” Ladan said. “In Africa, the funding gap is not only wide but growing. Without substantial new investments, even modest progress will be difficult.”

Prof. Ladan urged governments, development institutions, and private stakeholders to deepen partnerships—particularly around SDG 17, which focuses on global cooperation.“No single African country can achieve all the goals in isolation,” he said. “What we need is a coordinated regional and global effort, supported by investment, innovation, and mutual accountability.”

Associate Professor of Global Sustainable Development and Director of Research for School of Cross Faculty Studies, University of Warwick, Dr. Feng Mao emphasised on the solution to Africa’s growing water insecurity, saying that it lies not in imported ideas or quick fixes, but in deep, collaborative partnerships that engage local communities, researchers, and policymakers.

Mao who spoke on interdisciplinary approaches to sustainable development, explained that  water insecurity is a complex, global challenge, one that demands collective thinking and co-creation of solutions grounded in local realities.“This is not a Nigeria-specific problem. It’s a global challenge, even in places like the UK,” Dr. Mao said. “To address it effectively, we need researchers, community members, non-academics, and policymakers to sit together and solve it collaboratively.”

Drawing on his recent visit to Nigeria, he cautioned against ‘helicopter research’, when foreign experts propose solutions without understanding the local context or engaging with those directly affected.

“We must avoid coming in without visiting the sites, without speaking to people, and then claiming to have the solution,” he stressed. “That approach doesn’t work. If we are talking about Nigeria’s water security, we must be here, work with local universities, and create solutions together.”

He commended UNIOSUN for its role in advancing these conversations and encouraged continued partnerships that prioritise community voices.

“The university here is excellent,” he noted. “This is exactly the kind of collaboration we need, where local expertise and lived experience drive the research agenda.”

Gareth Doherty, Associate Professor of Landscape Architecture at Harvard University, stressed the need for Africa to urgently invest in inclusive, climate-resilient landscapes and move away from outdated urban models if they are to survive the intensifying effects of global warming.

He emphasised the transformative potential of landscape design in African urban planning, calling it both an environmental necessity and an economic opportunity.

“Temperatures across Africa are rising. Cities need to plan not just for today or the next 10 years, but for 50 years from now,” he warned. “Landscapes take time to grow. If we don’t invest now, we risk making our cities unlivable.”

Using the Osun Sacred Grove in Osogbo as an example, Doherty illustrated how urban greenery, particularly trees and shrubs, can naturally cool cities, improve air quality, and support community wellbeing.“

When you walk into the Grove, it’s cooler, more humid, it even smells better. Trees play a huge role in reducing heat and creating spaces people can live, farm, and relax in,” he said.

In contrast, he noted that many African cities lack adequate tree cover, resulting in rising urban heat and decreased quality of life.

Doherty however  called  for landscape fieldwork, immersive, on-the-ground engagement with the cultural, environmental, and aesthetic realities of a specific place saying that it is  essential to shaping effective conservation and land management policies. 

He also urged African policymakers, designers, and researchers to move quickly to design cities for an uncertain future, marked by rising heat, extreme weather, and mounting pressure on natural resources.

“We can’t assume today’s stable climate will remain. The signs of change are already here, flooding, drought, heatwaves,” he said. “Now is the time to plant the trees, to design the spaces, to build the cities of tomorrow.”

Prof. Moises Lino e Silva of the Federal University of Bahia , Brazil in his presentation titled, ‘ Cosmopolitics of Osun: Art, Religion and Ecology in a Sacred Forest ‘, expressed concern about the Osun-Osogbo Sacred Grove, being under increasing threat from environmental degradation, most alarmingly, mercury contamination linked to upstream mining activity.

He urged Nigerian authorities, local communities, and environmental advocates to take urgent action to protect the cultural and ecological sanctuary before irreversible damage is done.

“The most serious problem facing the Grove isn’t just plastic waste or tree cutting, it’s the pollutants from mining operations coming down the river. Mercury contamination poses a grave risk to the sacred ecosystem,” Silva warned.

Silva attributes the preservation of the grove located in the heart of Osogbo not only to human conservation efforts but to what he terms, ‘cosmopolitics’, a dynamic relationship involving humans, deities, and art as co-stewards of the land. 

“This isn’t just a political issue in the human sense. The river goddess Osun, the sacred artworks, and the people who come to pray, sing, and make offerings,  are all part of a living system that protects the grove,” he explained.

The don stressed that the Grove’s survival so far is largely due to its deep cultural and spiritual relevance and attracts worshippers, tourists, and artists alike, generating communal care and visibility that often deter complete neglect.

“We saw people cutting trees and also people making offerings to the river. It’s not perfect, but the constant human presence, especially for religious reasons, helps keep the place alive and somewhat protected,” he noted.

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    With Renewed Confidence, Stock Market Gains N26.01trn in Eight Months

    With Renewed Confidence, Stock Market Gains N26.01trn in Eight Months

    ·                     NGX capitalisation jumps 41.4% to N88.77trn

    ·                     FX stability, bold reforms, corporate resilience fueling rally

    ·                     Analysts project market to cross N100trn mark before end of 2025

    Kayode Tokede

    With renewed confidence, the stock market has delivered a stunning performance, gaining N26.01 trillion in just eight months.

    Driven by strong investor appetite, bold policy shifts, and a wave of corporate resilience, the rally signals not just numbers on the trading board but a broader story of optimism and recovery.

    Specifically, the market capitalisation that opened 2025 at N62.763 trillion, gained N26.01 trillion or 41.43per cent in eight months to close yesterday, the last trading day in August at N88.769 trillion.

    Also, the Nigerian Exchange Limited All-Share Index (NGX ASI) closed yesterday, at 140,295.50 basis points, advancing by 37,369.10 basis points or 36.31 per cent year-to-date (YtD) from 102,926.40 basis points it closed for trading in 2024.

    Capital market analysts attributed the stock market N26.01 trillion growth to stability in the foreign exchange market, companies recovering from foreign exchange losses, market liquidity, capital inflow, dominance of domestic investors, increasing portfolio investment, Central Bank of Nigeria’s (CBN) banking sector recapitalisation, and insurance sector reforms. All these, they pointed out, have played  critical role in overall stock market appreciation in the growth so far in the first eight months of 2025.

    So far in 2025, the stock market has seen the Monetary Policy Committee of the CBN retaining interest rate at 27.50 per cent, inflation rate moving to 21.88 per cent as of July 2025 from 15.44per cent in December 2024, listing by introduction of Legend Internet Plc and banks announcing the outcome of fresh capital raising on the  Exchange.

    Also, yield on Nigerian Treasury Bills  (NTB) has dropped to 15.61 per cent as of July 2025 from  18.00 per cent. 

    In the eight months under review, several stocks listed on the NGX have recorded strong month-to-date appreciation, reflecting heightened foreign investor confidence driven by improved macroeconomic indicators and robust corporate earnings.

    THISDAY checks showed that out of the N88.769 trillion market capitalisation, BUA Foods Plc contributed 11.96 per cent when its market capiitalisation closed yesterday, at N10.62 trillion, followed by MTN Nigeria Communications Plc that contributed 10.3 per cent amid N9.13 trillion market capitalisation as of August 29, 2025. 

    The growth in BUA Foods stock price impacted on NGX Consumer Goods Index on the NGX to emerge as the best performing index, while the NGX Oil & Gas Index maintained its position as the worst performing index on NGX.

    As NGX Consumer Goods Index appreciated by 84.24per cent YtD, NGX Oil & Gas plummeted to -12.19 per cent in its YtD performance. 

    Capital market analysts noted that the corporate earnings reports of H1 2025, among other factors, encouraged investors seeking high returns in a volatile macro environment.

    The Managing Director, Globalview Capital Limited, Mr. Aruna Kebira in a chat with  THISDAY,  noted  that the  stock  market  in the eight months of 2025, benefitted from drop in inflation, among others.

    “The yields in the money market are not looking as attractive as they were in 2024, making discerning investors in search of better yields consider the capital market as their investment destination.

    “In the last MPC, the MPR was retained, including other metrics. This is sending positive signals that, as the inflation figure and money market yields are downward looking,  the MPC would have a reason to tinker the MPR downward. Which is not always fixed income friendly,” he added.

    He predicted that the stock market in  September 2025, would be hinged on the quality of the audited half year results and account of Zenith Bank Pl, among others.

    “If the various issuers demonstrate a performance higher than the corresponding period of 2024 and declare an impressive interim dividend, the stock  market will move to appreciate their prices.

    “I also see an improvement in the liquidity around the stock market arena, which will boost market participation and invite the bull into the market,” he added.

    For his part, the Managing Director and Chief Executive Officer, APT Securities and Funds Limited, Kasimu Garba Kurfi, projected that the market capitalisation was expected to surpass the N100 trillion mark by the end of 2025, buoyed by foreign exchange stability, strong corporate fundamentals, and increased primary market activities.

    Kurfi identified key drivers of the 2025 market rally, including the elimination of foreign exchange-related losses by companies.

    He pointed out that in 2024, listed firms posted pre-tax FX losses of N507.2 billion, up from N359 billion in 2023, representing a combined N867 billion in losses.

    “In 2025, we have seen zero FX losses due to exchange rate stability, and this has significantly boosted investor confidence,” he said.

    The APT Securities boss said the signing of the Nigerian Insurance Industry Reform Act (NIIRA 25) has triggered a rally in insurance stocks, while the CBN’s bank recapitalisation programme has revived the primary market, attracting over N2 trillion in 2024, with similar volumes anticipated in 2025.

    Capital market analysts noted that sustaining this momentum in the remaining of 2025 will depend on the continuation of stable and credible economic policies.

    The Vice President, Highcap Securities, David Adonri noted that the equities market so far in 2025 has witnessed massive interest in the recovering major stocks such as Airtel Africa, Nestle Nigeria Plc, Nigerian Breweries Plc, Cadbury Nigeria Plc, MTN Nigeria Communications Plc, and others which propelled the rally.

    In addition,  analysts at Cordros Research stated that, “We believe the domestic equities market might respond positively to the MPC’s decision to pause interest rate ikes as investors assess the likelihood of policy easing in the medium term.

     “We also expect to see some rotation into sectors positioned for expansion in a lower-rate environment, particularly the manufacturing sector, as lower financing costs, improved input cost dynamics, and stronger consumer demand enhance growth prospects, making the sector more attractive to investors

    The post With Renewed Confidence, Stock Market Gains N26.01trn in Eight Months appeared first on THISDAYLIVE.

    ​  

    ·                     NGX capitalisation jumps 41.4% to N88.77trn ·                     FX stability, bold reforms, corporate resilience fueling rally ·                     Analysts project market to cross N100trn mark before end of 2025 Kayode Tokede With renewed confidence, the
    The post With Renewed Confidence, Stock Market Gains N26.01trn in Eight Months appeared first on THISDAYLIVE.

    Jonathan Has Not Ruled Himself Out of 2027 Contest, Says Cousin

    Jonathan Has Not Ruled Himself Out of 2027 Contest, Says Cousin

    ·Bala Mohammed: PDP considering former president, Obi for 2027 presidential ticket

    Chuks Okocha in Abuja

    Former President Goodluck Jonathan has denied reports suggesting that he has abandoned plans to contest the 2027 presidential election, describing the publication as false and misleading.

    Jonathan’s cousin, Azibaola Robert, who debunked the report in a statement on his verified Facebook page, however, declined to confirm if the former president has decided to contest in 2027.

    The denial followed a report that Jonathan had opted not to pursue a second-term ambition so as not to disrupt Southern unity ahead of the polls.

    Although the former president has not formally declared his candidacy, strong indications point to ongoing nationwide consultations with political stakeholders as part of moves to actualise a potential comeback bid.

    Azibaola, who faulted the news report, wrote: “The story is completely false. Former President Jonathan never said he would not contest in 2027. The so-called aide quoted in the publication does not exist.”

    The clarification comes amid growing speculation over Jonathan’s political future.

    While he has not officially announced his intention to run, his cousin stressed that he has equally not ruled himself out.

    “The former president has made it clear that he would not yield to calls not to run, since those making such admonitions had selfish motives,” Azibaola said, without disclosing when Jonathan might formally declare his ambition.

    Jonathan, who served as president between 2010 and 2015, remains a formidable figure in Nigeria’s political landscape.

    Meanwhile, Governor of Bauchi State, Bala Mohammed, has said the Peoples Democratic Party (PDP) is considering Jonathan or Peter Obi, ex-governor of Anambra, to possibly lead the party to the polls in 2027.

    His comment comes in the wake of the PDP’s decision to zone the 2027 presidential ticket to the South.

    On Wednesday, Abba Moro, Senator representing Benue South, said some individuals have been engaging with Jonathan and Obi over a potential return to the PDP.

    He also hinted that Obi could clinch the party’s presidential ticket in 2027 if he decides to return.

    Speaking during his appearance on national television, Mohammed said Jonathan remains “one of the most celebrated politicians today despite previous political blackmail against him” before the 2019 election.

    Mohammed, who is Chairman of the PDP Governors’ Forum, said Obi, who contested on the platform of the Labour Party (LP) in 2023, would be given a chance if he returns.

    “But certainly, President Jonathan is one of the candidates we are thinking of, if he joins us and opens his mind to run,” he said.

    “And even other people like Governor Obi, because if he decides to come to a better platform where there are no encumbrances, he will be given the opportunity too,” Bala said.

    Asked whether the PDP governors were engaging Obi ahead of the 2027 election, he replied: “Have you not seen him with me? He’s my brother, my friend.”

    “And of course, he’s one of the most celebrated politicians too. You see him within the coalition or no coalition. Definitely, we are not sleeping, only that we don’t make noise,” Mohammed added.

    He noted that other Southern politicians, including Seyi Makinde, Governor of Oyo State, are also free to contest the ticket.

    “There are so many politicians. I even had a session with Governor Amaechi. I have not been sleeping,” the Bauchi governor said.

    “I have to make sure I create a closing-of-rank for people to come and help.”

    When asked about the possibility of Rotimi Amaechi returning to the PDP, the Bauchi governor replied: “Well, he’s free if he wants to come back.”

    Mohammed also said the PDP lost the 2023 election because it failed to zone the presidential ticket to the South.

    The governor suggested that the party needs a Christian from the South to emerge as a presidential candidate, with a Muslim from the north as running mate

    The post Jonathan Has Not Ruled Himself Out of 2027 Contest, Says Cousin appeared first on THISDAYLIVE.

    ​  

    ·Bala Mohammed: PDP considering former president, Obi for 2027 presidential ticket Chuks Okocha in Abuja Former President Goodluck Jonathan has denied reports suggesting that he has abandoned plans to contest the
    The post Jonathan Has Not Ruled Himself Out of 2027 Contest, Says Cousin appeared first on THISDAYLIVE.

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