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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
News
DSS arrests notorious bandit in Bauchi village, recovers cash and ammunition
DSS arrests notorious bandit in Bauchi village, recovers cash and ammunition
By: Zagazola Makama
Operatives of the Department of State Services (DSS) have apprehended a notorious bandit in Bojinji Village on the outskirts of Bauchi during a surprise raid, recovering millions of naira in cash and a large cache of ammunition.
Sources told Zagazola Makama that the suspect had relocated to Bauchi from Zamfara State, claiming to be fleeing persecution, and had settled in the community with his family. Bauchi has been a preferred destination for people affected by conflicts in neighbouring states, but security operatives say some criminal elements exploit this pattern to mask their activities.
The raid, carried out without prior warning, caught residents by surprise. “The DSS traced the suspect’s illicit wealth and movements before executing the operation,” a security source said.
Investigations revealed that the suspect was known locally for his lavish lifestyle, spending entire days drinking at Unguwar Yelwan Angas and buying alcohol for others, but no one suspected him of criminal activity until the DSS intervention.
Security officials have urged community members to assist security agencies by reporting suspicious individuals, particularly those whose lifestyle appears inconsistent with their means, as such vigilance is critical to preventing crimes and exposing criminal networks.
Security sources have confirmed that further investigations are ongoing to determine the extent of the bandit’s operations and any accomplices within the state.
DSS arrests notorious bandit in Bauchi village, recovers cash and ammunition
News
Troops neutralise six bandits, recover rifles as arson attacks escalate in Zamfara
Troops neutralise six bandits, recover rifles as arson attacks escalate in Zamfara
By: Zagazola Makama
Troops operating under Project Garkuwan Arewa have neutralised six bandits and recovered seven AK-47 rifles during a security operation in Tsafe Local Government Area of Zamfara State, the News Agency of Nigeria (NAN) reports.
A security source told Zagazola Makama on Sunday that the operation, conducted in the villages of Gangara, Tsageru and Sungawa, followed credible intelligence on hostile bandit activities in the area.
“Troops neutralised six bandits identified as Musa, Shehu, Nasiru, Yusuf, Mantagora and Siddiq. Seven AK‑47 rifles were also recovered during the operation,” the source said.
He said despite the setbacks suffered by the criminals, remnants of the bandit group resorted to burning farmlands and properties in surrounding communities in a bid to intimidate residents and regain control.
According to the source, local vigilante operatives are assisting troops in tracking fleeing bandits, some of whom have taken refuge within Gangara town, resulting in intermittent gunfire exchanges.
Security authorities described the attacks as retaliatory actions aimed at destabilising rural communities and warned of increased risks of civilian casualties if the criminals are not cleared from the area.
Troops have since intensified ground patrols in Gangara, Tsageru and Sungawa, while coordination with local intelligence networks has been strengthened to provide early warning on bandit movements.
Operations to track and apprehend fleeing suspects are ongoing.
Troops neutralise six bandits, recover rifles as arson attacks escalate in Zamfara
News
PRESIDENT TINUBU ORDERS THE WITHDRAWAL OF POLICE OFFICERS GUARDING VIPS FOR CORE POLICE DUTIES
PRESIDENT TINUBU ORDERS THE WITHDRAWAL OF POLICE OFFICERS GUARDING VIPS FOR CORE POLICE DUTIES
By: Our Reporter
President Bola Ahmed Tinubu has ordered the withdrawal of police officers currently providing security for Very Important Persons in the country.
Henceforth, police authorities will deploy them to concentrate on their core police duties.
The presidential directive was issued at the security meeting President Tinubu held on Sunday with the police, Air Force, army chiefs and the Director-General of the Department of State Services, DSS, in Abuja.
According to the Presidential directive, VIPs who want police protection will now request well-armed personnel from the Nigeria Security and Civil Defence Corps.
Many parts of Nigeria, especially remote areas, have few policemen at the stations, thus making the task of protecting and defending the people difficult.
In view of the current security challenges facing the country, President Tinubu is desirous of boosting police presence in all communities.
Already, President Tinubu has approved the recruitment of 30,000 additional police officers. The federal government is also collaborating with the states to upgrade police training facilities nationwide.
Sunday’s meeting was attended by the Chief of Army Staff, Lt General Waidi Shaibu; the Chief of Air Staff, Air Marshal Sunday Kelvin Aneke; the Inspector General of Police, Kayode Egbetokun; and the Director-General of the Department of State Services, Tosin Adeola Ajayi.
PRESIDENT TINUBU ORDERS THE WITHDRAWAL OF POLICE OFFICERS GUARDING VIPS FOR CORE POLICE DUTIES
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