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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
Nigerian gospel artist, Oluseyi Solagbade storms London in August
By: Michael Mike
Nigerian gospel artist, Oluseyi Solagbade is expected to perform in London, on 15 August 2025.
The show is scheduled for Concord House, 23-27 Kemp Road, Dagenham, United Kingdom.
The praise concert which is organised by Bdot Music Empire and supported by Toxhann Concepts and events is Solagbade’s first outing in the UK.
The popular Sio cronny, is well known mostly among members of the Celestial Church of Christ and other denominations.
Apart from Sio, the legendary Celestial gospel artist has done other songs which include: Jehoval Alagbara, Ibamasepe and
idemija, among others.
Bdot Music Empire boss, Mr. Abidemi Adetunji said though it’s a gospel concert, it is however targeted at second and third generation Nigerians in the UK.
Adetunji said the essence is to ensure they are in touch with home even if they have not been to Nigeria before.
He said praising God in Nigeria tongue is something special in the UK.
This would be Solagbade’s first show in the UK and he is hoping that it would be the beginning of more to come.
He said: “ We would like Nigerians in the United Kingdom to know that Oluseyi Solagbade would be coming to the UK for his first ever UK edition of Oluseyi’s Christ Cafe.
He would be lighting the show alongside some other guests artist like Sammypee, Tiwalola shitu, Israel Ekundayo, Ebenezer Opalemo, Damilola (Dee’Reign), Tunde Stainless, MoShoba, Tosin Adisa and Danny Jazz.”
Adetunji pointed out that the idea behind the music concert is to celebrate the divine gift of music within the Celestial Church of Christ and to bring together believers for an evening of live music, worship, and spiritual reflection.”
Adetunji further said that the concert goes along with the Nigeria first agenda of President Bola Tinubu as Nigeria will be showcased all through.
“It is also part of promoting the culture. Praying and worshiping God in mother tongue,” he added.
Nigerian gospel artist, Oluseyi Solagbade storms London in August
Airstrike Hits ISWAP Enclave in Tumbuma Baba, scores Nutrialised
By: Zagazola Makama
The Nigerian Air Force (NAF), under the Air Component of Operation Hadin Kai (OPHK), conducted a successful Air Interdiction (AI) mission at a terrorists’ hideout in the Southern Tumbuns general area in the Lake Chad of Borno, killing scores of the terrorists.
Intelligent sources told Zagazola Makama that the precision air strike, which took place at about 2100 hours on 5 May 2025, targeted a major terrorists’ concentration camp located in the Tumbuma Baba axis of Lake Chad.
The sources said that the offensive was in continuation of a decisive Operation KALACHEN WUTA II, aimed at denying terrorists the freedom to execute large-scale attacks during the Eid el-Kabir period.
The sources said that Intelligence and Battle Damage Assessment (BDA) reports confirmed that several terrorists were neutralised during the strike, and key logistics under heavy foliage were destroyed.
The sources said that the strikes followed credible intelligence on planned coordinated attacks by the insurgents before, during, and after the Eid festivities. The mission was meticulously planned and executed to forestall such threats and sustain pressure on terrorist elements operating in the Lake Chad fringes.
“We observed significant secondary explosions, indicating the presence of arms and fuel storage. Multiple terrorists were seen fleeing the area, while several others were eliminated during the strike,” the source said.
The sources said efforts are ongoing to gather further feedback, as well as to assess the operational impact of the interdiction.
He added that preliminary signs suggest a high level of disarray and panic within the terrorists’ ranks, with reports of attempted regrouping under surveillance.
Airstrike Hits ISWAP Enclave in Tumbuma Baba, scores Nutrialised
Nigerian Air Force Neutralises Terrorists in Successful Air Interdiction at Maisani
By: Zagazola Makama
The Nigerian Air Component of Operation Hadin Kai have executed a coordinated strike on a major terrorist enclave located at Maisani in the Timbuktu Triangle general area of Borno State, killing several ISWAP terrorists.
Intelligence sources told Zagazola Makama that the air interdiction mission conducted on May 4, 2025, at approximately 1800 hours, was informed by credible intelligence and sustained surveillance, targeted terrorists’ structures cleverly concealed and camouflaged under thick shrubs in the area.
The sources said that using advanced platforms, the Nigerian Air Force (NAF) conducted a focused Air Interdiction (AI) mission, resulting in the destruction of the identified enemy hideouts and the neutralisation of an unconfirmed number of insurgent fighters.
According to the sources, Post-strike Battle Damage Assessment (BDA) obtained from our Intelligence, Surveillance and Reconnaissance (ISR) platforms confirmed that the airstrike achieved its intended objectives, dealing a significant blow to terrorists.
Nigerian Air Force Neutralises Terrorists in Successful Air Interdiction at Maisani
Nigerian gospel artist, Oluseyi Solagbade storms London in August
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