Connect with us

News

ActionAid Nigeria: Nigeria’s Grim Period, Not Over Yet, Poverty Will Soar

Published

on

ActionAid Nigeria: Nigeria’s Grim Period, Not Over Yet, Poverty Will Soar

By: Michael Mike

ActionAid Nigeria has warned that the grim period is not yet over in the country, stating that poverty levels are projected to soar.

A statement signed by the Chair, Board of Directors, ActionAid Nigeria, Jummai Umar Ajijola at the weekend after a Review of the State of the Nation, said: “ActionAid Nigeria’s Board of Directors conducted a comprehensive review of the state of the nation during its 52nd meeting and highlighted critical issues affecting the Nation.

“The Board of Directors recognises that Nigeria is grappling with one of its most challenging periods in recent history. The period between December 2023 and March 2024 has been characterised by soaring inflation rates, fluctuating foreign exchange regime, escalating security challenges, electricity shutdown and power failures, and pervasive corruption in all tiers of government, culminating in a dire state of the economy and cost-of-living crisis. Nigeria’s current situation is seemingly grim and poverty levels are projected to soar.

It however recommended that: “The federal government must now take bold and decisive measures to combat the rampant inflation, particularly the soaring food prices, by swiftly implementing robust monetary and fiscal policies. It must also reevaluate subsidy policies on essential commodities like gasoline and electricity to mitigate the adverse impact on the cost of living and ensure equitable distribution of resources. Now is the time for a thorough review of budget allocations to ensure sufficient funding of critical sectors such as health, agriculture, security, and education, while minimising expenditures on debt servicing and expanding and strengthening social welfare programmes.

“Given the increase in the interest rate to 24.75% by the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), we urge the Federal Government and CBN to take immediate action to mitigate the adverse effects of the increased interest rates on small and medium-scale enterprises (SMEs), particularly by providing alternative funding sources or financial support schemes for SMEs to access affordable loans.

“In the light of the alarming trend of mass kidnappings, particularly targeting students, internally displaced persons (IDPs), as well as ordinary citizens and health workers, with ransom demands reaching into the millions of naira, we demand that the federal and state governments allocate substantial resources and manpower to bolster security forces and intelligence capabilities. We urge security agencies to mobilise all available resources, enhance coordination between different levels of law enforcement, conduct thorough investigations to apprehend all individuals involved in kidnapping operations, and prioritise the safety and security of communities, schools, roads and IDP camps through increased surveillance and patrols.

“The Board of Directors strongly condemns the alarming allegations of budget padding and the mismanagement of public funds as reported within the Senate. The allegations of corrupt practices within the Ministry of Humanitarian Affairs, involving the two immediate former Ministers, are also appalling. We enjoin all CSOs and Nigerians to join us in reminding and calling out lawmakers and public officers that the welfare and interest of the Nigerian populace supersede their personal agendas. Any endeavors aimed at circumventing this principle or diverting public funds for personal gains warrant prompt and resolute intervention by the Economic and Financial Crimes Commission (EFCC).

“While we applaud the recent anti-corruption efforts of the EFCC, we find the reported actions of some lawmakers and government appointees deeply concerning. Therefore, we ask that the EFCC and ICPC expedite their inquiries into these matters, ensuring that all individuals found culpable are held fully accountable under the law. The judiciary must also expedite legal proceedings and administer fair and impartial judgments in  corruption cases and abuse of office without delay to send a clear message that corruption will not be tolerated in our society.”

The ActionAid Nigeria’s Board applauded the deliberate steps being taken by government to guarantee the independence of the  judiciary with the appointment, confirmation and swearing in of 11 new justices of the Supreme Court, while praising the recent new salary structure put in place for  judicial officers, with the hope that it would enhance the independence and integrity of the judiciary.

It also applauded the Federal Government for the recent appreciation of the Naira, noting that the significant appreciation of the Nigerian Naira against the US dollar reflects the success of collaborative efforts and strategic interventions by the Central Bank of Nigeria (CBN) to stabilize and strengthen our national currency, calling for the continued support and adherence to sound monetary policies, transparency, and accountability in the financial sector to sustain this progress.

It stated that the recurrent breakdowns of the national power grid, coupled with the recent approval by the Nigerian Electricity Regulatory Commission (NERC) to increase electricity tariffs for customers are unacceptable, noting that the elimination of electricity subsidies will significantly compound the hardships endured by ordinary Nigerians, small and medium-sized enterprises (SMEs), and investors, it demands that the Federal Government conduct comprehensive reforms within the energy sector to address the persistent challenges faced by Nigerians, thereby enhancing electricity generation, transmission, and distribution capacities to mitigate power shortages.

It said: “We are also demanding a thorough review of energy subsidy policies to ensure efficiency and equitable distribution of resources, taking into account the impact on low-income households and the broader economy.”

It however commended the readiness to implement the Orosanye report and white paper; but insisted that President Tinubu’s administration ensures it follows through with the implementation of the recommendations in the report and the white paper, stressing that: “This is particularly critical given the President’s overload with 47 Ministers and hundreds of aides, all benefiting from the nation’s resources. The Federal Government must demonstrate commitment to cutting down on  executive profligacy and the people must be more proactive in holding their representatives in the National Assembly accountable for their financial recklessness.”

The Board of Directors condemned in strong terms the ambush and killing of 17 military personnel in Okouma, Delta state and ,demands swift and thorough action to bring the perpetrators of the ambush and murder to justice. It called on the Nigerian security forces to intensify their efforts in apprehending those responsible and ensure that they face the full weight of the law, but however stated that in doing this “we enjoin the military to operate within the ambits of the law and respect the rights of the people. Community leaders and residents are implored to assist in these efforts by providing any relevant information they may have and promote peace and dialogue within their communities.”

It urged civil society organisations (CSOs) to amplify their voices and advocate more for accountability, transparency, and social justice in response to the pressing issues in the nation.

ActionAid Nigeria: Nigeria’s Grim Period, Not Over Yet, Poverty Will Soar

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

APC Backs Tegbe for Power Reforms, Cites Proven Expertise, Strategic Leadership

Published

on

APC Backs Tegbe for Power Reforms, Cites Proven Expertise, Strategic Leadership

By: Michael Mike

The All Progressives Congress (APC) in Oyo State has hailed the nomination of Chief Joseph Olasunkanmi Tegbe as Nigeria’s Minister of Power, describing it as a timely move amid the country’s persistent electricity challenges.

In a statement issued in Ibadan, the party’s state leadership said Tegbe’s selection reflects both merit and the urgent need for competent leadership in the nation’s power sector.

The statement, jointly signed by State Chairman Chief Moses Adeyemo Alake and State Secretary Hon. Fatai Adesina, expressed strong confidence in Tegbe’s ability to drive meaningful reforms, citing his extensive professional background and policy experience.

Tegbe, an engineer and seasoned policy strategist, brings over three decades of experience spanning engineering, consulting, and public sector advisory.

He previously served as Director-General of the Nigeria–China Strategic Partnership, where he coordinated bilateral development initiatives and investment engagements between both countries.

He also chaired the National Tax Policy Implementation Committee, playing a key role in advancing Nigeria’s fiscal reform agenda and strengthening revenue frameworks.

Before transitioning fully into public service, Tegbe built a distinguished career at KPMG, rising to become Senior Partner and Head of Advisory Services in Africa. In that role, he led major engagements on governance reforms, economic policy, institutional transformation, and investment strategy across both public and private sectors.

Earlier in his career, he worked with Shell Petroleum Development Company, gaining experience in corporate operations and resource management.

Academically, Tegbe holds a first-class degree in Civil Engineering from Obafemi Awolowo University and has attended executive programmes at globally renowned institutions including Harvard and INSEAD, further reinforcing his technical and leadership credentials.

The APC noted that this blend of technical expertise and policy leadership positions him to tackle longstanding challenges in power generation, transmission, and distribution.

“The APC in Oyo State is confident that Chief Tegbe will bring innovation, efficiency, and sustainable solutions to Nigeria’s power sector. His history of performance and commitment to service positions him to make meaningful contributions to national development,” the statement read.

The party emphasized that Nigeria is at a critical stage where strategic direction is essential to unlock sustainable energy solutions, noting that Tegbe’s leadership could help reposition the sector for improved performance.

It added that the APC in Oyo would offer its full support while maintaining constructive engagement with the minister-designate and other stakeholders to ensure progress.

The statement also acknowledged Tegbe’s longstanding contributions to the growth of the party in the state, expressing optimism that his new role would further deepen his commitment to national development.

The APC wished him a successful tenure, expressing hope that his leadership would mark a significant shift toward stable and reliable electricity supply across the country.

APC Backs Tegbe for Power Reforms, Cites Proven Expertise, Strategic Leadership

Continue Reading

News

Nigeria Convenes African Leaders on Climate-Conflict Nexus, Pushes Peace-Centred Adaptation Strategy

Published

on

Nigeria Convenes African Leaders on Climate-Conflict Nexus, Pushes Peace-Centred Adaptation Strategy

By: Michael Mike

Nigeria has brought together policymakers, climate experts, and peacebuilding practitioners from across Africa in a high-level regional forum aimed at tackling the growing link between climate change and insecurity on the continent.

Declaring the forum open in Abuja, Permanent Secretary of the Federal Ministry of Environment, Salihu Aminu Usman, warned that the accelerating pace of climate change is already triggering severe global consequences, stressing the need for urgent and coordinated action.

“Climate change impacts are on the rise daily, with unprecedented and extreme weather conditions being experienced all around the world. Urgent solutions are required before it gets out of hand,” he said.

Usman noted that Nigeria remains committed to global climate obligations under frameworks such as the United Nations Framework Convention on Climate Change, the Kyoto Protocol, and the Paris Agreement. He added that the country has pledged to cut greenhouse gas emissions by up to 47 percent with international support.

He revealed that Nigeria’s National Adaptation Plan (NAP), currently nearing completion, incorporates conflict-sensitive approaches, linking climate adaptation directly to peacebuilding efforts. According to him, environmental pressures are increasingly tied to security challenges such as farmer-herder clashes, banditry, and cattle rustling.

“It would be a mistake to ignore adaptation needs in these peacebuilding contexts,” Usman said, underscoring the importance of aligning climate policies with national security strategies.

In her remarks, Director of the Department of Climate Change, Iniobong Abiola-Awe, highlighted the widespread impact of climate variability on infrastructure, biodiversity, and livelihoods, warning that these disruptions are deepening existing vulnerabilities and contributing to instability.

She said Nigeria’s adaptation planning process has been inclusive and participatory, designed to address medium- and long-term climate risks while strengthening resilience across sectors.

Also speaking, Alec Crawford of the International Institute for Sustainable Development stressed that climate change is no longer a future threat but a present reality, particularly in fragile and conflict-affected regions.

“The intersection between climate risks, war, and conflict is no longer abstract,” Crawford said, adding that adaptation strategies must not only respond to environmental challenges but also actively support peacebuilding efforts.

He commended Nigeria for hosting the forum and acknowledged financial support from the Government of Ireland.

The forum has drawn participation from several African countries, including Burkina Faso, Cameroon, Central African Republic, Chad, Liberia, Mali, Somalia, and South Sudan.

Organisers say discussions will centre on integrating peacebuilding into climate adaptation planning, sharing country experiences, and strengthening collaboration among environment, security, and development stakeholders.

The forum runs through May 7, featuring technical sessions, policy dialogues, and peer learning aimed at shaping a more coordinated African response to the climate-security challenge.

Nigeria Convenes African Leaders on Climate-Conflict Nexus, Pushes Peace-Centred Adaptation Strategy

Continue Reading

News

Nigeria, Ghana Close Ranks Against Drug Cartels, Sign Landmark Anti-Trafficking Pact

Published

on

Nigeria, Ghana Close Ranks Against Drug Cartels, Sign Landmark Anti-Trafficking Pact

By: Michael Mike

Nigeria and Ghana have reinforced their joint fight against drug trafficking networks in West Africa, sending a strong warning to criminal cartels with a new wave of coordinated enforcement and intelligence-sharing efforts.

Chairman of the National Drug Law Enforcement Agency, Brig. Gen. Buba Marwa (Rtd) declared that both countries are now more aligned than ever in tackling transnational drug crimes. He spoke on Tuesday in Abuja while hosting a delegation from Ghana’s Narcotics Control Commission led by its Director-General, Brig. Gen. Maxwell Obuba Mantey.

Marwa described the visit as a strategic step beyond diplomacy, emphasizing that the growing sophistication of drug trafficking and its links to money laundering demand deeper regional collaboration.

“Let this serve as a warning to those who seek to destabilize our societies with illicit drugs: Nigeria and Ghana stand united,” he said, noting that joint efforts in intelligence-led operations and interdiction strategies would significantly shrink the operational space for criminal networks.

A major highlight of the engagement was the signing of a Memorandum of Understanding (MoU) between the two agencies. The agreement establishes a formal framework for cooperation in combating the production and trafficking of psychotropic substances, precursor chemicals, and associated financial crimes.

Marwa said the MoU transforms an already strong relationship into a “structured, aggressive, and unified front” against drug barons, adding that both countries would intensify joint training, digital forensics collaboration, and coordinated operations across the West African corridor.

On his part, Mantey acknowledged Nigeria’s leadership role in regional security, describing the relationship between both countries as one rooted in shared history and mutual respect. He stressed that the visit was aimed at strengthening existing ties rather than starting new ones.

He warned that drug trafficking across West Africa is becoming more complex, with traffickers adopting advanced methods, expanding maritime routes, and increasing the production and distribution of synthetic drugs. He also noted a shift in Ghana’s role from primarily a transit hub to a country facing rising domestic drug use and distribution challenges.

“No single country can effectively address this threat in isolation,” Mantey said, underscoring the need for practical cooperation in operations, intelligence sharing, and institutional capacity building.

He added that the success of the new partnership would depend on concrete implementation, including coordinated enforcement actions and sustained collaboration between both agencies.

The meeting, held at the NDLEA headquarters in Abuja, was attended by senior officials from both countries, including representatives of the Ghanaian High Commission.

The renewed alliance signals a broader regional push to confront organized drug networks, amid growing concerns over their impact on security, governance, and public health across West Africa.

Nigeria, Ghana Close Ranks Against Drug Cartels, Sign Landmark Anti-Trafficking Pact

Continue Reading

Trending

Verified by MonsterInsights