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ActionAid Blames Government for Economic Woes
ActionAid Blames Government for Economic Woes
By: Michael Mike
ActionAid Nigeria has commended the government for exempting small businesses, manufacturers, and farmers from withholding tax, a move that acknowledges the critical role of local industries and Small and Medium Enterprises (SMEs) in driving economic growth and development.
The ActionAid in a statement on Wednesday while acknowledging the beauty of government’s move, sound a clarion call on the looming hunger crisis and pervasive insecurity in Nigeria and said the government should be held accountable for its inaction.
The statement read: “The continuous interest rate hike by the Central Bank of Nigeria, aimed at curbing inflation, has unfortunately not yielded the desired results. While the hikes were intended to reduce inflation, prices continue to soar, leaving many Nigerians struggling to make ends meet.
“Aliko Dangote, Chairman and CEO of the Dangote Group, has warned that the interest rate hike will have devastating consequences for businesses, making it nearly impossible for them to survive. The Manufacturers Association of Nigeria (MAN) has echoed Dangote’s concerns, calling for policies that support local industries. This highlights the need for a comprehensive review of the tax regime to ensure it is fair, equitable, and supportive of local industries.
“ActionAid Nigeria believes that the focus on interest rates alone is misplaced and that the root cause of inflation lies in the production sector. To truly tackle inflation, ActionAid Nigeria urges the government to prioritize production and address the obstacles facing small business owners and farmers, including insecurity and lack of access to credit.
“ActionAid Nigeria also calls for grants and low-interest loans for Small and Medium-sized Enterprises (SMEs) to be able to expand and thrive in this economy, as it is the biggest way to tackle poverty. They are the backbone of our economy and supporting them is crucial to addressing the hunger crisis and promoting economic growth. ActionAid Nigeria demands that the government take immediate action to address the pervasive insecurity, including investing in community-led peacebuilding initiatives and providing support to victims of violence. Moreover, small business owners and farmers need access to credit to expand their operations and increase production. We urge the government to implement policies that provide affordable credit to SMEs and support sustainable agriculture practices.”
ActionAid Nigeria demanded that the government expand the tax brackets for multinationals and big companies, as well as reduce tax holidays for them, insisting that: “The government needs to revisit the tax policies that have allowed multinationals to exploit our resources while paying minimal taxes. This is unacceptable and perpetuates inequality. The nation needs a fair and progressive tax system that ensures everyone contributes their fair share.
“In addition, ActionAid Nigeria is deeply concerned about the impact of insecurity on smallholder women farmers, who are critical to Nigeria’s food security. A recent survey conducted by ActionAid Nigeria across the country revealed that 73% of smallholder women farmers affirmed that insecurity has affected their food production, with many reporting loss of crops, livestock, and farming equipment due to violent attacks.
“This is unacceptable and demands immediate attention from the government.
Furthermore, tackling food insecurity is crucial to addressing the hunger crisis, and ActionAid Nigeria calls on the government to invest in agriculture and support small-scale farmers to increase food production and availability. Moreover, addressing poverty and inequality is critical, and ActionAid Nigeria demands investments in social protection programs and progressive taxation to ensure all Nigerians have access to the resources they need to thrive.
In conclusion, while ActionAid Nigeria commends the government for the withholding tax exemptions, it urges the government to take bold and immediate action to address the looming hunger crisis, pervasive insecurity, and obstacles to production.”
The statement added that: “ActionAid Nigeria will continue to push for policies and actions that prioritize the needs of the people, not just the interests of the few. The future of our country and its people is at stake, and we must act now.”
ActionAid Blames Government for Economic Woes
Ammunition falls from moving vehicle near ABU Zaria, eyewitnesses suspect supplies for bandits
By: Zagazola Makama
Passersby and students of Ahmadu Bello University (ABU) Zaria were startled on Tuesday when several rounds of ammunition reportedly fell from a moving passenger bus along the Zaria–Katsina highway.
Zagazola Makama understand that the incident occurred directly in front of ABU Zaria’s main gate, causing brief panic among pedestrians and motorists.
One of the witnesses, who simply identified himself as Musa, said the ammunition fell from a commercial vehicle heading towards Katsina.
“We suddenly saw the bullets drop from the bus as it sped past the gate. Before people could understand what happened, the vehicle had already disappeared,” he said.
He added that some bystanders quickly gathered the ammunition and alerted security operatives stationed around the area.
Another eyewitness, a student who preferred not to be named, described the incident as “strange and frightening,” noting that many feared the ammunition could be linked to supplies to armed groups operating in parts of Kaduna and Katsina States.
Security personnel later arrived at the scene and recovered the ammunition.
Ammunition falls from moving vehicle near ABU Zaria, eyewitnesses suspect supplies for bandits
News
Security forces arrest “Gwandara” notorious kidnap kingpin, logistics supplier in Bwari Abuja
Security forces arrest “Gwandara” notorious kidnap kingpin, logistics supplier in Bwari Abuja
By: Zagazola Makama
Security forces have arrested a notorious kidnapper and major logistics supplier to bandits identified as Y’au Ibrahim Dauda, popularly known as “Gwandara 01”.
Zagazola Makama gathered that the suspect was apprehended by the Scorpion Squad at about 5:40 p.m. on Thursday in Bwari following actionable intelligence.
According to sources , Dauda has been on the wanted list of security agencies for his alleged role in several coordinated kidnapping operations within the FCT, particularly across the Bwari axis, from 2024 to date.
Investigations further linked him to multiple abductions around the Garam area of Tafa LGA in Niger State and Bwari, including the kidnapping of a pastor in 2024 at the El-Rufai Estate, near the Nigerian Law School, Bwari.
The sources said that efforts are ongoing to apprehend other fleeing members of the gang and recover their weapons.
Security forces arrest “Gwandara” notorious kidnap kingpin, logistics supplier in Bwari Abuja
News
VP Shettima Returns To Abuja After Successful Engagements At G20, AU–EU Summits In South Africa, Angola
VP Shettima Returns To Abuja After Successful Engagements At G20, AU–EU Summits In South Africa, Angola
By: Our Reporter
Vice President Kashim Shettima has arrived in Abuja from Luanda, Angola, after successfully representing President Bola Ahmed Tinubu at the 7th African Union–European Union (AU-EU) Summit held in that country.
The Vice President had on Sunday departed South Africa for Luanda after a successful outing at the 2025 Group of 20 (G20) Leaders’ Summit in Johannesburg, where he also represented the President.
In Angola, Senator Shettima delivered President Tinubu’s statement in which the Nigerian leader intensified the nation’s call for Africa to secure permanent seats with veto-wielding authority on the United Nations (UN) Security Council, insisting that comprehensive reform of the global governance system is long overdue.
The President, in his statement, also tasked the European Union (EU) with co-creating peace and security initiatives alongside its African partners, anchored on African-led frameworks as a pathway to achieving sustainable stability across the continent.
The Nigerian leader reaffirmed the country’s firm commitment to advancing peace, security and democratic governance across Africa, and collaborating with the European Union to build a more stable, just, and prosperous world.
Earlier at the first session of the G20 Leaders’ Summit in Johannesburg, South Africa, the President urged world leaders to come up with a more equitable and responsive system to manage global financial flows and sincerely address the recurring debt crises in a manner that meets the needs of all nations.
In his speech delivered by VP Shettima on Saturday, President Tinubu noted that the multilateral frameworks, currently being relied on, no longer reflect the complexities of the present world, as they were “built in an era far removed from” the present challenges.
At the third session of the G20 Leaders’ Summit on Sunday, the President called for a global framework that benefits communities hosting critical minerals in Nigeria and Africa, ensuring value addition at the source.
He also backed the creation of global ethical standards for Artificial Intelligence (AI), aimed at accelerating development across the world.
VP Shettima Returns To Abuja After Successful Engagements At G20, AU–EU Summits In South Africa, Angola
Ammunition falls from moving vehicle near ABU Zaria, eyewitnesses suspect supplies for bandits
Security forces arrest “Gwandara” notorious kidnap kingpin, logistics supplier in Bwari Abuja
VP Shettima Returns To Abuja After Successful Engagements At G20, AU–EU Summits In South Africa, Angola
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