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AT 2ND CHRONICLE ROUNDTABLE:

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AT 2ND CHRONICLE ROUNDTABLE:

  • President Tinubu Taking Wise, Statesmanly Decisions – Assures VP Shettima
  • Lists subsidy removal, other policies as options taken to save Nigeria
  • Says nation’s economy will witness positive changes after the sacrifices

By: Our Reporter

Again, Vice President Kashim Shettima has implored Nigerians to be patient with the administration of President Bola Ahmed Tinubu as he steers the ship of state through the economic turbulence and storm he met on ground on assumption of office.

“Soon, Nigeria’s economy will experience significant growth once we’ve overcome these sacrifices. Positive changes will soon be evident across all economic indicators – inflation, per capita income, GDP numbers, poverty reduction, food security, and all aspects close to the hearts of our people,” he declared.

Senator Shettima made the appeal on Thursday during the 2nd Chronicle Roundtable organized by 21st Century Media Services, publishers of 21st CENTURY CHRONICLE, as part of its public service enlightenment series, at Ladi Kwali Hall, Abuja Continental Hotel, Abuja.

The Vice President who was the Guest Speaker at the roundtable explained some key policy decisions taken by the Tinubu administration as well as its Economic and Social Agenda, including the removal of subsidy on petroleum products, which he described as the ‘biggest elephant in the room’ before President Tinubu took charge.

Appealing for patience and time to address the serious challenges he said they met on ground, especially the nation’s ailing economy which was already tottering towards an eclipse, Shettima said, “We look forward to the positive impact on the economy that will be brought by some of our new initiatives in the oil and gas sector, creative arts sector, the newly rejigged steel and solid minerals sectors, our housing sector, the blue economy, and the digital sectors, to mention but a few.

“There is no doubt that there’s a time to plant and a time to reap. In between those times, we appeal for patience and seek collective sacrifice from all, especially from us. We wish there were a way to treat this ailment without surgery”.

While delivering his speech titled, “Because These Shortcuts Are Not The Right Ways,” the VP noted that though the decision to remove fuel subsidy was quite tough considering its negative impact on the lives of the citizens, it became an inevitable option when it was discovered that the immediate past administration of former President Muhammadu Buhari did not make provision for it in the 2023 budget.

He explained: “His Excellency, President Bola Ahmed Tinubu, chose the option that would save the life of the nation, instead of one that would merely prolong its imminent and predicted economic death. Before we took charge, the biggest elephant in the room was the question of fuel subsidy removal.

“We understood why our predecessor made the decision to remove it and refused to budget for it in their final fiscal year. The year before we took office, Nigeria’s debt service-to-revenue ratio had grown to 111.8%. The anticipated debt crisis may sound like fancy economic jargon to the man on the street, but you and I are in a better position to understand how such miscalculations have played out in other countries. It’s an economic death sentence.

“In plain terms, our debt servicing was such that if you earned, say, N100,000, the entirety of the money wasn’t only paid to your debtor; you were forced to borrow an additional N11,800 to pay the debtor. How do you intend to survive this, and how many more loans before you become a pariah?

“We are not even discussing the nation’s budget deficits, diversions of resources from critical sectors of the economy, and corruption masterminded in the subsidy regime.”

Acknowledging that government is a continuum, the VP said whoever had “succeeded the previous government would have either chosen to steer the ship through the storm as President Tinubu is doing or jumped ship and let the country implode.”

He observed that those who contested the presidency with President Tinubu did not feel morally justified to question the decision to remove fuel subsidy because it was part of the solutions they also tabled before Nigerians.

“This was because, whether in handling the subsidy matter or the forex crisis, they had also promised the solutions we had adopted. Those who attempted to eat their words were instantly proven wrong by data, history, and their antecedents—those emotionless reality checkers,” he pointed out.

Senator Shettima regretted that for long Nigeria had endured economic sabotage, leading to the resolve by Governor of the Central Bank of Nigeria, Mr. Yemi Cardoso, and the National Security Adviser, Malam Nuhu Ribadu, “to take matters into their hands to neutralise the overpowering influence of currency manipulators who had conspired to frustrate our reforms.

“Today, I stand proud to say that their interventions have translated into desired results, and Naira’s pushback against all odds is an inspiring journey that doesn’t have to be learned in Buenos Aires, as some would want us to do,” he added.

Earlier in his opening remarks, chairman of the Ministry of Finance Incorporated and former Finance Minister, Dr Shamsudeen Usman, praised the content of the Renewed Hope Agenda of the Tinubu administration, describing it as one of the most detailed and carefully crafted policy document in the history of the country.

He stressed the need for the Renewed Hope Agenda document to be reviewed and integrated into the medium and long-term development framework of the country, noting that policy consistency with a long-term vision to transform critical sectors of the economy, is the way to go.

Dr Usman also commended the administration’s establishment of a central coordination delivery unit to track the performance of programmes, policies and key interventions of the Federal Government, insisting that the monitoring of key performance indicators in the policy document was critical to the success of the government.

On his part, the CEO of 2nd Chronicle Newspaper, Malam Mahmud Jega had while welcoming guests to the event, said the need to critically analyse government policies and programmes was not just an expectation from the media but indeed borne out of the necessity to collectively contribute in shaping the nation’s development trajectory.

Also present at the event were the Minister of Information, Alhaji Mohammed Idris; Special Adviser to the President on Political Matters, Dr Hakeem Baba Ahmed; Chairman of 21st Century Chronicle, Amb. Gbara Awanen; notable leaders in the media industry, Dr Ishaq Moddibo Kawu; Mallam Garba Shehu; Mr Segun Adeniyi, and Malam Mahmud Jega, among others.

AT 2ND CHRONICLE ROUNDTABLE:

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U.S. Under Secretary of State Allison Hooker Begins Strategic Foreign Visit Including Nigeria, Middle East, and Rome

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U.S. Under Secretary of State Allison Hooker Begins Strategic Foreign Visit Including Nigeria, Middle East, and Rome

By: Michael Mike

Under Secretary of State for Political Affairs Allison Hooker has embarked on a week-long diplomatic mission that includes stops in Abuja, Nigeria; Muscat, Oman; Manama, Bahrain; and Rome, Italy from January 21–29, 2026, the U.S. State Department confirmed in a statement this week. 

In Nigeria, Hooker is leading the American delegation and serving as head of the U.S.–Nigeria Joint Working Group—a recently established platform aimed at strengthening bilateral cooperation on security and economic issues. During talks in Abuja, the delegation is expected to discuss strategies for protecting vulnerable communities, enhancing cooperation against terrorism, and expanding U.S. investment opportunities in the West African nation. 

The visit comes at a time of heightened focus on Nigeria’s internal security challenges and international efforts to support peace and stability across the region. Local and international observers have noted ongoing discussions between U.S. and Nigerian authorities on religious violence and security cooperation as part of broader diplomatic engagement. 

After concluding discussions in Nigeria, Hooker’s itinerary moves to the Gulf region, where she will lead strategic dialogues with officials in Oman and Bahrain. These talks are expected to advance cooperation on regional security, economic ties, and cultural exchange, reflecting shared interests between the United States and its partners in the Middle East. 

The final leg of the trip will take Hooker to Rome, where she will meet with counterparts from European governments and international organisations. In Italy, engagements will cover major global priorities including the ongoing Russia-Ukraine conflict, diplomatic efforts toward peace in the Middle East, and developments in Venezuela. She is also scheduled to hold meetings with senior officials from United Nations agencies based in the city—such as the World Food Programme (WFP) and the Food and Agriculture Organization (FAO)—to discuss accountability and oversight of U.S.-funded assistance programs and to explore potential new agricultural trade opportunities for American producers. 

Hooker, who was appointed Under Secretary of State for Political Affairs in mid-2025, oversees key regional and bilateral policy issues and plays a central role in shaping U.S. foreign policy across multiple regions. 

Her current tour underscores Washington’s intent to reinforce diplomatic engagement across Africa, the Middle East, and Europe at a time of evolving geopolitical challenges
End

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WFP Raises Alarm Over Possible Food Aid Cuts as Hunger Deepens in Northern Nigeria

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WFP Raises Alarm Over Possible Food Aid Cuts as Hunger Deepens in Northern Nigeria

By: Michael Mike

The United Nations World Food Programme (WFP) has warned that more than one million people in northeast Nigeria could lose access to emergency food and nutrition assistance within weeks due to a severe funding shortfall.

The agency said that without urgent financial support, it will be forced to drastically scale down its operations, limiting assistance to just 72,000 people—an unprecedented reduction in Nigeria. The warning comes amid a sharp rise in violence, displacement, and hunger across the country’s northern regions.

Nigeria is currently facing one of its most serious food security crises in recent years. According to the latest Cadre Harmonisé food security analysis, nearly 35 million people are expected to experience acute food insecurity during the 2026 lean season. In Borno State alone, about 15,000 people are classified as facing catastrophic hunger, the most severe level short of famine and the highest recorded in the state in a decade.

Speaking on the situation, WFP’s Nigeria Country Director, David Stevenson, cautioned that cutting food assistance at this critical time could have far-reaching humanitarian and security consequences. He noted that millions of displaced and vulnerable people depend on food aid for survival and stability.

WFP has operated in northeast Nigeria since 2015, providing food and nutrition support to nearly two million people each year in areas affected by conflict. Beyond emergency relief, the organisation also supports local food systems by purchasing food domestically and helping communities build resilience against future shocks.

However, renewed insecurity has further strained already fragile communities. Over the past four months, about 3.5 million people have reportedly been displaced nationwide, with the majority of them in northern Nigeria. The violence has disrupted farming activities, destroyed food supplies, and pushed malnutrition rates in several states to critical levels.

Despite recent donor contributions that helped sustain operations, WFP said those funds have now been exhausted. The agency warned that if food assistance in displacement camps is halted, many people may be forced to leave in search of survival, potentially migrating to other regions or becoming vulnerable to recruitment by armed groups.

To prevent a complete shutdown of its northeast Nigeria operations, WFP said it urgently needs about 129 million dollars to cover food assistance and related activities over the next six months.

The agency stressed that continued humanitarian support remains a key stabilising factor in conflict-affected areas, helping to prevent further displacement and regional spillover of the crisis.

WFP Raises Alarm Over Possible Food Aid Cuts as Hunger Deepens in Northern Nigeria

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Kurmin Wali Church Attacks Spark Fresh Calls for Community-Based Forest Guards

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Kurmin Wali Church Attacks Spark Fresh Calls for Community-Based Forest Guards

By: Michael Mike

The Northern Christian Youth Professionals (NCYP) have condemned the recent attack on Kurmin Wali village in Kajuru Local Government Area of Kaduna State, describing the incident as a stark reminder of the security gaps in forest-bordering communities across northern Nigeria.

According to reports, armed kidnappers stormed the community, invaded three churches, abducted 169 worshippers, and escaped through nearby forests without encountering resistance. The attack has triggered renewed concern over the vulnerability of rural settlements located close to vast, ungoverned forest areas.

In a statement issued on Thursday, NCYP said the incident underscored the urgent need for a functional and community-driven Forest Guard system. The group argued that if local residents had been trained and deployed as part of a forest security structure, the attack could have been prevented or at least disrupted through early warning and coordination with security agencies.

“The ease with which the attackers operated raises serious questions about the current security framework in forest communities,” the group said, noting that criminal groups often exploit the absence of local resistance to carry out kidnappings and attacks.

While acknowledging the efforts of President Bola Ahmed Tinubu and Kaduna State Governor Uba Sani to address insecurity, the group in the statement signed by its Chairman, Isaac Abrak maintained that recent events show the need to strengthen existing strategies, referencing the federal government’s approval of a Forest Guard initiative but stressed that its success depends on the inclusion of indigenous community members who understand the terrain and live permanently in affected areas.

NCYP further stated that it is unrealistic to expect the military and police to maintain a constant presence in every forest and rural settlement. Instead, it advocated a complementary approach where trained community members support conventional security forces by monitoring forest movements and providing timely intelligence.

The group also linked the urgency of security reforms to the broader political landscape, noting that expectations are high ahead of the 2027 general elections. It urged the federal government to ensure that the Forest Guard initiative is fully implemented in a way that empowers vulnerable communities.

The Kurmin Wali attack adds to a growing list of incidents in Kaduna State and other parts of the North-West, where criminal groups have increasingly targeted rural communities, places of worship, and travellers, often retreating into forests that remain difficult to police.

Security agencies have yet to release an official update on the rescue of the abducted victims or arrests connected to the attack.
End

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