National News
ActionAid says Nigeria’s economy could face major fiscal crisis
ActionAid says Nigeria’s economy could face major fiscal crisis
ActionAid has raised an alarm that Nigeria’s economy could face a major fiscal crisis with increasing financing of the fiscal deficit with borrowings.
A press statement issued by the non-governmental organisation on Tuesday after a virtual meeting to review the State of the Nation by its General Assembly Members lamented that the public fiscal deficit, financed mostly by domestic and foreign borrowings, widened with high debt service payments, estimated at more than half of federally collected revenues, pose a major fiscal risk to Nigeria’s economy.
Other observations coming from the meeting are that Nigeria is currently faced with an unprecedented wave of different but overlapping security crises – from kidnapping to extremist insurgencies, lamenting that almost every corner of the country has been hit by violence and crime with the growing insecurity being closely linked to the high rate of poverty in the country.
Also Read: Northern governors convene in Kaduna, Discusses Security…
Attendees of the meeting also described as unhealthy the ongoing strike of medical doctors across the country being the fourth time since the outbreak of the COVID-19 pandemic, with some of them complaining they are owed salaries for several months. They lamented that many Nigerian media outlets are reporting that patients – some with COVID-19 symptoms – are being turned away at short-staffed hospitals.
They however said the ongoing Review of the 1999 Constitution offers the opportunity for Nigerians to shape the constitution with the goal that it reflects the desires and aspirations of the citizens, stressing that some of the provisions to be considered vital for the uplifting of the status of citizens include Socio-Economic and Cultural Rights as contained in Chapter 2 of The constitution, issues of Gender Equality and a thorough reform of the Nigeria Police.
They observed that the Twitter ban by the Federal Government has had severe economic costs, stating that it is a step backwards for civic engagements and threatens the civic space which has continued to shrink in recent years.
They however recommended that the rising public debt, unemployment, inflation, and high cost of living require the immediate embracing of fiscal federalism in absolute terms, noting that this will enable the country to break the vicious cycle of poverty, eliminate the wholesale dependence on oil which makes Nigeria a monolithic economy.
They also advised that the cracking of the nation’s current security challenges requires increasing the manpower and welfare of all security agencies and equipping them with modern combat equipment, skills, and training, urging the government renew its partnership with neighboring countries to enhance intelligence exchange and information sharing that would help in quelling the insurgency and other sundry crimes, while calling for the state-of-the-art combat Tucano and Alpha jets newly acquired to be deployed immediately to help in further neutralizing the criminal elements with precision and bring the protracted insurgency to an end.
They urged the federal and state governments to explore different models to improve the work environment for medical practitioners, adding that health insurance must be made mandatory with sound mechanisms to prevent corruption for universal health care coverage.
On the constitution review, they asked that the non-justiciability of the provisions of chapter 2 of the 1999 constitution should be reviewed and amended by removing the non-justiciable character and make them enforceable in line with international treaties which have been domesticated in Nigeria.
ActionAid says Nigeria’s economy could face major fiscal crisis
National News
VP Shettima Departs Abuja For Dakar To Represent President Tinubu At Senegal’s 65th Independence Anniversary
VP Shettima Departs Abuja For Dakar To Represent President Tinubu At Senegal’s 65th Independence Anniversary
By: Our Reporter
The Vice President, Senator Kashim Shettima, has departed Abuja for Dakar, Senegal, to represent President Bola Ahmed Tinubu at the country’s 65th Independence Day Anniversary celebrations.
Senegal celebrates its Independence Day on April 4 each year, commemorating its freedom from French colonial rule in 1960. The day is marked by national pride, with ceremonies, parades and cultural events.
The Vice President’s attendance at the annual event is in honour of an invitation extended to President Bola Ahmed Tinubu by the Senegalese President, Bassirou Diomaye Faye, following the strong mutual relationship between Nigeria and Senegal.
The independence Day celebrations will be held at the Place de la Nation in Dakar, with President Faye playing host to Vice President Shettima and other distinguished guests from across Africa and beyond.
The Vice President is expected to return to Nigeria tomorrow after the one-day event.
VP Shettima Departs Abuja For Dakar To Represent President Tinubu At Senegal’s 65th Independence Anniversary
President Tinubu Laying Foundation For A Better Nigeria, Says Hajiya Nana Shettima
- Tasks Nigerians on constructive criticism of government actions, policies
By: Our Reporter
Wife of Nigeria’s Vice President, Hajiya Nana Shettima, has scored the administration of President Bola Ahmed Tinubu very high, saying the President is building a better Nigeria for Nigerians through his laudable economic policies, various empowerment initiatives and investments in key sectors of the economy.
And to help the President secure a better future for all Nigerians, the VP’s wife also encouraged the citizens not to relent in giving very useful advice to the government, urging them to be more constructive in their criticism of the administration instead of just attacking for political reasons.
Hajiya Nana Shettima spoke on Wednesday in Maiduguri, the Borno State capital, during the annual Ramadan feast, which had in attendance women groups and students
Emphasizing the determination of the Tinubu administration to leave a lasting legacy for generations to come, she said, “President Bola Ahmed Tinubu is baking a new cake for us that are alive today, and for the Nigerian children and grandchildren that are coming behind us. It is who he is ably supported by our lovely First Lady, Senator Oluremi Tinubu.”
Hajiya Nana Shettima noted that the President means well for the people of Borno State as well as Nigerians in all parts of the country, even as she urged the citizens to always pray for President Tinubu and members of his cabinet.
“I can tell you that he (the President) means well, not only for Borno people but for the entire nation. We should not forget him and his subordinates in our prayers,” she added.
She further commended the First Lady of Nigeria, Senator Oluremi Tinubu, for her contributions towards actualizing the agenda of the administration, especially through the Renewed Hope Initiative which she said has impacted many lives, including women, children and people with disabilities.
Also speaking at the event, the Director General of Maryam Babangida Centre for Women Development, Abuja, Dr Asabe Bashir, admonished women and the people of Borno State to imbibe the teachings of the just concluded Ramadan.
She also sought the people’s support and prayers for President Tinubu, thanking the President for picking his deputy from Borno State.
She said, “I always reiterate the importance of prayer because without prayers we can do nothing in life. We have just come out of Ramadan; let us imbibe that culture and lessons we received during the 29-day fast. We need to continue with the spiritual reflection.
“We should thank God and President Bola Tinubu for remembering the people of Borno State again by bringing the seat of the Vice President, not just to the North-East region but to Borno State after Ambassador Babagana Kingibe was elected along with the late Chief MKO Abiola so many years ago.
“We must continue to pray for the administration of President Bola Tinubu because if it succeeds, we succeed,” Dr Bashir added.
On his part, the Speaker, Youth Assembly of Nigeria, Tijjani Abubakar, thanked President Tinubu for his support to Nigerian youths through various youth empowerment initiatives.
Also, Dr Martins Ekunke, who spoke on behalf the South-South, Yoruba and Igbo communities residing in Borno State, commended the First Lady, Senator Oluremi Tinubu, for galvanizing support for people living with HIV/AIDS through her pet project, the Renewed Hope Initiative.
Among those that attended the annual Sallah feast hosted by Hajiya Shettima, were the wife of the Speaker of Borno State House of Assembly, Hajiya Maryam Lawan; wife of the Deputy Speaker of Borno State House of Assembly, Hajiya Laure Musa-Askira; female Commissioners and political appointees.
Also in attendance were women groups, members of the Borno State chapter of the Nationals Association of Nigerian Students, as well as the leaders of South-South, Igbo and Yoruba communities residing in Borno State, among others.
President Tinubu Laying Foundation For A Better Nigeria, Says Hajiya Nana Shettima
UNILORIN Alumni Commences Tinubu on Appointment of Nandap, Omotowa, Aribisala
By: Michael Mike
The National Headquarters of University of Ilorin Alumni Association has lauded President Bola Tinubu for appointing three of its members into various leadership positions in the country.
Those appointed were Comptroller General of Immigration, Mrs Kemi Nandap,, whose tenure was elongated till December 2026, Non Executive Director of NNPC, representing North Central, Mr Babs Omotowa- and the Pioneer Vice Chancellor of Federal University of Technology and Environmental Sciences, Iyin-Ekiti, Prof. James A. Aribisala.
In a congratulatory message to the trio, the National President, Prof. AbdulRasaq Kilani, and the National Secretary, Dr Barakat Raji, said the Association received the news of the appointments with excitement.
The Alumni, who commended President Tinubu for selecting the best for their various positions, assured him that the three alumni would not disappoint him in attaining the goals set for them to achieve.
While felicitating with the appointed members on their well-deserved appointment, the Association charged them to always show the excellence in them in surpassing the targets set for them by Mr President.
The Association who extolled the pedigrees of the appointed members in their various fields, implored them to live up to the expectations of the slogan of the institutions “better by far” in all ramifications.
The Alumni then prayed for their successful tenure and tasked them not to hesitate to reach out to them whenever their services are needed in any capacity towards national development.
UNILORIN Alumni Commences Tinubu on Appointment of Nandap, Omotowa, Aribisala
VP Shettima Departs Abuja For Dakar To Represent President Tinubu At Senegal’s 65th Independence Anniversary
KOGI YOUTHS CALL ANTI-AKPOTI-UDUAGHAN’S CAMPAIGNERS ENEMIES OF DEMOCRACY
President Tinubu Laying Foundation For A Better Nigeria, Says Hajiya Nana Shettima
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