National News

ActionAid Nigeria Demands Full Remittance of Fuel Subsidy Gains to Federation Account Amid Rising Poverty and Fiscal Crisis

Published

7 months ago

May 13, 2025

ActionAid Nigeria Demands Full Remittance of Fuel Subsidy Gains to Federation Account Amid Rising Poverty and Fiscal Crisis

By: Michael Mike

ActionAid Nigeria (AAN) has expressed deep concern over the delay and partial remittance of fuel subsidy removal gains by the Nigerian National Petroleum Company Limited (NNPCL).

This followed revelations contained in the World Bank’s Nigeria Development Update (NDU) titled “Building Momentum for Inclusive Growth, AAN lamented that: “Despite the full removal of petrol subsidies as of October 2024, NNPCL only began transferring revenues to the Federation Account in January 2025 and has, since then, remitted only 50% of the gains.”

AAN in a statement by its Country Director, Andrew Mamedu decried that the withholding of critical national revenue amid worsening economic hardship is unacceptable, noting that the World Bank estimates that these gains should amount to roughly 2.6% of Nigeria’s GDP in 2024 – approximately ₦10 trillion.

AAN stated that withholding half of this revenue from the Federation Account directly undermines the constitutional revenue-sharing framework and denies both the federal and subnational governments vital resources needed to provide basic public services and reduce poverty.

Mamedu said: “At a time when inflation remains high, the cost-of-living crisis has intensified, and over 104 million Nigerians are already living in multidimensional poverty, it is unconscionable that the full benefits of subsidy reform have not been transparently and equitably applied for national development,” warning that unless this fiscal opacity is urgently addressed, the reforms intended to stabilise the economy will only deepen inequality and exclusion.

He said: “We note the World Bank’s commendation of Nigeria’s macroeconomic reforms – including exchange rate unification and tighter monetary policies – but assert that economic stability without inclusive governance and justice for the poor is unsustainable.”

Mamedu said: “Today, ActionAid Nigeria calls for the following urgent actions:

“The President, in his capacity as Minister of Petroleum Resources, must direct the NNPCL to immediately remit the full revenue gains from fuel subsidy removal into the Federation Account, in compliance with the 1999 Constitution and the Petroleum Industry Act 2021. Partial remittance is a violation of constitutional principles and endangers public finance transparency.

“The Federal Ministry of Finance and the Office of the Accountant-General must ensure full transparency in the management and distribution of subsidy savings.A publicly accessible breakdown of allocations and expenditure must be published quarterly to ensure accountability and prevent fiscal leakages.

“The National Assembly must exercise its oversight function by summoning NNPCL leadership for a public hearing and conducting a comprehensive review of arrears, subsidy payments, and remittances.This must be followed by legislative action to prevent recurrence.

“The government must prioritise channelling these revenues toward pro-poor investments – including expanding the national social protection register, improving access to affordable public transport, and supporting local food systems. Without deliberate intervention, the poorest Nigerians will continue to shoulder the cost of reforms they cannot afford.

“The forensic audit of NNPCL, as announced by the Minister of Finance, must be independent, time-bound, and made public upon completion. Nigerians have a right to know how public resources are being managed.

“The Fiscal Responsibility Commission must assert its role in monitoring and reporting breaches of fiscal transparency and revenue remittance. Fuel subsidy savings cannot become another opaque stream of public wealth lost to institutional inefficiency.

“State governments must demand their fair share of the subsidy savings and demonstrate corresponding increases in public investment in education, health, infrastructure, and social welfare. They must also be prepared to sue NNPCL, if full remittances are not made. Furthermore, states must uphold transparency and be accountable in the use of their allocations, ensuring that every naira is directed towards pro-poor programming that delivers tangible benefits to citizens.

“Citizens must actively monitor and track the use of these resources. We urge the public, civil society organisations, community leaders, and the media to hold both federal and state governments accountable. Collective vigilance and civic engagement are essential to prevent corruption and ensure that the gains from subsidy removal translate into improved living conditions for all Nigerians.”

Mamedu reminded all stakeholders that inclusive economic growth cannot be achieved through macroeconomic reforms alone. Nigeria’s aspiration for a $1 trillion economy by 2030 will remain out of reach if fiscal governance continues to neglect the poorest and most vulnerable, insisting that:
“The full and timely transfer of subsidy removal gains is not just a matter of economic reform – it is a test of political will, public trust, and national accountability.”

ActionAid Nigeria Demands Full Remittance of Fuel Subsidy Gains to Federation Account Amid Rising Poverty and Fiscal Crisis

National News

NIMC Promotes 523 Staff Members

Published

9 hours ago

December 13, 2025

Ochuwa Ibrahim

NIMC Promotes 523 Staff Members

By: Michael Mike

The DG/CEO of the National Identity Management Commission (NIMC), Engr (Dr) Abisoye Coker-Odusote has approved the promotion of 523 Staff of the Commission.

The promotion, according to a statement on Saturday by the spokesperson of the Commission, Dr. Kayode Adegoke is in line with President Bola Tinubu’s Renewed Hope Agenda.

Adegoke said: “This is a statutory part of the performance reward system for Staff who sat and met the pre-requisite conditions as spelt out in the Public Service Rules (PSR) in the 2025 promotion exercise.

He disclosed that accordingly, two staff members were promoted to the Director’s cadre (GL 17), and eight staff members moved to the Deputy Director cadre (GL 16) and 35 staff staff members promoted to the Assistant Director cadre (GL 15).

He further disclosed that 35 staff were promoted to the level of Chief Identity Officers (GL 14), with 109 moving to Assistant Chief Identity Officers (GL 13).

Adegoke said 113 officers moved to the rank of Principal Identity Officer (GL 12), while 82 were promoted to Senior Identity Officer ranks (GL 10), and 130 to the rank of Identity Officer 1 ( GL 9).

The DG/CEO congratulated all the promoted staff and charged them to see the promotion as an opportunity to serve the country better. She reiterated zero tolerance for extortion and warned staff to desist from it.

Engr Coker-Odusote, furthermore, encouraged all staff members of the Commission to work harder in the coming year 2026 and ensure the successful implementation of the National Identification Number project. She reiterated her commitment to prioritise staff welfare and ensure the dignity of labour.

NIMC Promotes 523 Staff Members

National News

VP Shettima Extols Gov Uzodimma’s Progressive Leadership At 67

Published

10 hours ago

December 13, 2025

Ochuwa Ibrahim

VP Shettima Extols Gov Uzodimma’s Progressive Leadership At 67

By: Our Reporter

Vice President Kashim Shettima has congratulated Imo State Governor and Chairman of the Progressive Governors Forum (PGF), Senator Hope Uzodimma, on his 67th birthday, saying his exemplary and progressive leadership within the All Progressives Congress (APC), his state, and the nation at large is worthy of emulation.

He noted that as Chairman of the PGF, an umbrella body of Governors elected on the platform of the All Progressives Congress (APC), Senator Uzodimma has demonstrated exceptional capacity to unite and galvanise the party’s Governors towards achieving a collective vision for Nigeria’s development under President Bola Tinubu’s Renewed Hope Agenda.

The Vice President on Saturday, described the age of 67 as an important milestone in the life of Uzodimma, noting that the special moment reflects how far the Governor has come, and sets the stage for what lies ahead.

Acknowledging how Uzodimma’s “exemplary leadership as Executive Governor of Imo State continues to inspire confidence and progress,” VP Shettima described the PGF Chairman as a committed servant of Nigeria.

“Your recent appointment by His Excellency, President Bola Ahmed Tinubu, GCFR, as Renewed Hope Ambassador is a well-deserved recognition of your unwavering dedication to the ideals of our administration and your proven ability to articulate and champion the transformative agenda of the Renewed Hope mandate across our nation,” the VP told the Governor.

This singular honour, Senator Shettima said, reflects President Tinubu’s confidence in Governor Uzodimma’s leadership and commitment to national progress.

He observed that the Imo State Governor’s strategic governance, infrastructural achievements, and dedication to the prosperity of his state exemplify the progressive leadership Nigeria needs at this crucial time.

The Vice President prayed the Almighty God to grant Governor Uzodimma continued wisdom, good health, and strength to sustain his “remarkable service to Imo State and Nigeria.”

VP Shettima Extols Gov Uzodimma’s Progressive Leadership At 67

National News

EU Invests Additional €45 million in Nigeria’s Digital Economy

Published

2 days ago

December 12, 2025

Ochuwa Ibrahim

EU Invests Additional €45 million in Nigeria’s Digital Economy

By: Michael Mike

The Europe Union (EU) is investing an additional €45 million in Nigeria’s digital economy.

The package was signed by the Nigerian Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, and the European Commissioner for International Partnerships, Jozef Síkela in Brussels.

A statement on Thursday by EU read: “At the EU-Nigeria Digital Open Day, which just took place in Brussels, a €45 million programme completing the EU Digital Economy Package for Nigeria was signed between Nigerian Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, and the European Commissioner for International Partnerships Jozef Síkela.

“This investment will further support the cooperation in digital sector between Nigeria and the European Union.”

The European Commissioner for International Partnerships, Jozef Síkela, said: “Global Gateway is about delivering new opportunities, and the EU-Nigerian cooperation in the digital area has a very strong potential to do exactly that. Our approach to digitalisation is based on skills-transfer, open standards, data protection, privacy and security. This way, we make sure that technologies truly enrich human lives. The new package will take our efforts even further by supporting modern e-public services and investing in the skills that will prepare Nigeria’s youth for the digital future.”

The Nigerian Minister of Communications, Innovation and Digital Economy, Bosun Tijani added: The EU–Nigeria digital economy cooperation reflects our shared belief that digital transformation must provide a platform for growth in productivity driven by technology. As part of this, Project Bridge provides a commercially sustainable entry point for European investors and suppliers to participate in deploying an open-access fibre network at scale. Combined with our leadership in Artificial Intelligence, Digital Public Infrastructure and programmes such as 3 million Technical Talents, Nigeria offers European businesses a market where talent, demand and policy alignment converge to support long-term investment and expansion.”

The programme signed on Thursday includes a flagship Global Gateway support to the Project Bridge that aims to deploy 90 000 km of fibre-optic backbone across Nigeria. This project is the country’s most ambitious digital investment supported by loans from the European Bank for Reconstruction and Development, World Bank and African Development Bank.
The €45 million grant supports the preparation of this strategic project with technical assistance and equipment in three complementary ways: for the detailed fiber optic network design, for local skills development and for the supply chain deployment with the mobilisation of the EU private sector.

The EU programme will also contribute to modernise Nigeria’s public administration through secure, user-friendly digital services. it also involves targeted support for Nigeria’s nationwide digital-skills programme, helping train a new generation of technicians, engineers and IT specialists.

According to the statement, this is essential to create new jobs, because large-scale digital projects can only work if the local workforce can maintain, operate and innovate on these networks.

The objective of the EU-Nigeria Open Digital Day was to facilitate access to information for European investors and suppliers interested in participating in the Nigerian digital ecosystem. The focus was on the Project Bridge, presented as an opportunity for collaborations between the EU tech sector and Nigeria.

With this €1.7 billion flagship project is projected to extend Nigeria’s total fibre to 125 000 km (+70%), making it the third-longest terrestrial fibre-optic infrastructure in Africa, following Egypt and South Africa.

Digitalisation is a priority area for the EU-Nigeria partnership as reflected in the €820 million Digital Economy Package launched in 2022 under the EU Global Gateway strategy. The EU-Nigeria collaboration in this sector spans from connectivity to digital skills, entrepreneurship, service and governance with multiple projects.

Nigeria’s digital economy has potential to create jobs, foster economic growth and open greater democratic space in Africa. Nigeria hosts big companies, and Lagos offers digital and business ecosystem with incubators, access to finance and digital service platforms. It has the biggest e-commerce market in Africa with 87 platforms, employing some 2.9 million people.

It is also leading on the continent on digital and start-ups – of the 8 existing African unicorns, 6 are Nigerian, with impressively dynamic States (Lagos) eager to create an ecosystem that promotes innovation, youth and growth largely led by the digital sector.

Global Gateway is the EU’s positive offer to reduce the worldwide investment disparity and boost smart, clean and secure connections in digital, energy and transport sectors, and to strengthen health, education and research systems.

The Global Gateway strategy embodies a Team Europe approach that brings together the European Union, EU Member States, and European development finance institutions.

Together, they aim to mobilise up to €300 billion in public and private investments from 2021 to 2027, creating essential links rather than dependencies, and closing the global investment gap.

EU Invests Additional €45 million in Nigeria’s Digital Economy