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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
Finally, DSS Arraigns Sowore on alleged Cybercrime Offences
Finally, DSS Arraigns Sowore on alleged Cybercrime Offences
By: Our Reporter
Judge bars him from inciting public, undermining national security
The Department of State Services (DSS) on Tuesday arraigned a politician and online publisher, Omoyele Sowore, before a Federal High Court in Abuja, for alleged cybercrimes, with the court barring him from further making statements that are detrimental to the peace and security of the country.
Justice Mohammed Umar, in a ruling, threatened to revoke the bail granted Sowore’ should he ever make such statements. The arraignment came after two previous attempts, with the politician’s lawyer introducing what the DSS lawyer, Akinolu Kehinde SAN, called legal obstacles.
On Tuesday, however, Justice Umar held that since there was evidence that Sowore was a presidential candidate in the country before and having also earlier been granted bail by the court, with his international passport still being held by the court, he was entitled to be granted bail on self-recognition.
The ruling was on a bail application argued by his lawyer, Marshall Abubakar, shortly after Sowore was arraigned on a five-count charge, in which he is accused of defaming President Bola Tinubu by referring to him as a criminal in his posts on X and Facebook.
When the charge, being prosecuted by the Department of State Services (DSS), was read to him, Sowore pleaded not guilty.
In the charge, Sowore, the presidential candidate of the African Action Congress (AAC) in the 2019 and 2023 elections, is accused of contravening the provisions of the the Cybercrimes (Prohibition, Prevention, etc) Amendment Act, 2024 and the Criminal Code Act by calling President Bola Tinubu a criminal
The two other defendants listed in the charge, marked: FHC/ABJ/CR/484/2025 are X Incorp (formerly Twitter) and Meta (Facebook) Incorp.
Details shortly.
Finally, DSS Arraigns Sowore on alleged Cybercrime Offences
News
One killed, dozens abducted as bandits launch multiple attacks in Zurmi, Bungudu LGAs in Zamfara
One killed, dozens abducted as bandits launch multiple attacks in Zurmi, Bungudu LGAs in Zamfara
By: Zagazola Makama
Armed bandits have carried out a series of coordinated attacks across parts of Zamfara State, killing one person and abducting several others in Zurmi and Bungudu Local Government Areas, security sources have confirmed.
In the first incident, bandits invaded Tungar Tsamiya village in Moriki District of Zurmi LGA at about 10:40 p.m. on Nov. 30, shooting dead one resident and abducting 10 others.
Security forces launched a search-and-rescue operation to locate the victims.
Barely hours later, on Monday morning, another group of bandits attacked Doguwar Gona forest in the same Moriki District.
The assailants abducted 17 men and women who were in the area fetching firewood. Security personnel are tracking the movement of the attackers with the aim of rescuing the captives.
In a separate incident in Bungudu LGA, gunmen armed with AK-47 rifles stormed Makwa village in Kurar Mota District at about 12:15 p.m. on Dec. 1 and abducted an unconfirmed number of residents.
Troops of Operation FANSAN YANMA and police operatives, supported by local vigilante groups, have intensified efforts to rescue all abducted victims and restore calm across the affected communities.
Search operations are ongoing.
One killed, dozens abducted as bandits launch multiple attacks in Zurmi, Bungudu LGAs in Zamfara
News
NSA Ribadu visits Kontagora Bishop, pledges swift rescue of abducted Niger schoolchildren
NSA Ribadu visits Kontagora Bishop, pledges swift rescue of abducted Niger schoolchildren
By: Zagazola Makama
The National Security Adviser (NSA), Malam Nuhu Ribadu, on Monday paid a sympathy visit to the Bishop of Kontagora, Bishop Bulus Yohanna, following the recent abduction of students of St. Mary Private Catholic Primary and Secondary School, Papiri, in Agwara Local Government Area of Niger State.
The NSA, who arrived Kontagora by helicopter at about noon, was accompanied by the Director-General of the Department of State Services (DSS), Mr Tony Ajayi; the Minister of Humanitarian Affairs; and senior officials from the Office of the NSA.
Ribadu and his entourage proceeded to the office of the Bishop at St. Michael Church, where they met with representatives of families of the abducted students, the school principal, and the Chairman of the Christian Association of Nigeria (CAN) for the 19 Northern States, Bishop Joseph Hayap.
During the meeting, the NSA assured the community that the Federal Government was intensifying efforts to secure the safe release of the abducted pupils and staff.
He reaffirmed the government’s commitment to ending attacks on schools and ensuring the safety of students across the country.
NSA Ribadu visits Kontagora Bishop, pledges swift rescue of abducted Niger schoolchildren
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