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AT FIRST NEC OF THE YEAR

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AT FIRST NEC OF THE YEAR

Council Moves To Boost Non-oil Revenue, Deepen Engagement With Stakeholders

Cross River Governor Chairs Bi-Partisan Committee On Legacy Projects

VP Shettima: Agriculture, other non-oil sectors, increasingly bearing Nigeria’s revenue weight

By: Our Reporter

The National Economic Council (NEC) has resolved to deepen engagement with stakeholders to boost non-oil revenues in line with the economic blueprint of the administration of President Bola Ahmed Tinubu.

This is just as Chairman of the Council, Vice President Kashim Shettima called for accelerated transition from oil to non-oil economy through competitive manufacturing, export diversification, and private sector investment.

The Council has also approved the constitution of a Committee on the implementation of the President’s directive on the actualisation of the legacy projects.

The committee is chaired by the Governor of Cross River State while one governor from each sub-region will serve as member of the committee as follows: North West (Sokoto), North East (Gombe), North Central (Niger), South East (Abia), and South West (Lagos).

The Permanent Secretary of the Ministry of Budget and Economic Planning, Deborah Odoh, shall serve as Secretary, while the Ministers of Works and Trasnportation will also serve on the committee.

NEC’s decision, taken on Thursday during its 156th meeting and first of the year which washeld virtually, followed a presentation on the economic priorities for 2026 by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun.

The presentation highlighted key reforms implemented by the Tinubu administration, including targeted programmes that have removed distortions in the system, stabilised the economy and put Nigeria on the path of sustained recovery and prosperity.

The presentation also reflected the country’s current global recognition, which is reinforcing investor confidence in the economy projected to grow at 4.68% in 2026.

The key priorities according to the Minister, include maintaining Nigeria’s economic competitiveness through sound governance, improved availability and affordability of food, ensuring human capital development with improved social protection and timely payment of debt service, salaries and pensions.

In its resolution, NEC noted and commended the Federal Government’s plans to unlock rapid and sustained job-rich growth, high-quality jobs, and entrepreneurship opportunities.

The Council also resolved to dedicate a special session to address salient issues raised in the country’s food security efforts, particularly issues bothering on agricultural productivity.

In his opening remarks, Vice President Shettima observed that while “global powers assert their interests with renewed confidence, commodity markets will remain volatile,” with oil prices, exchange rates, and capital flows frustrating the nation’s policies.

He noted that the current economic reality has reinforced the urgency of fiscal risk management and the need to reduce the nation’s economic and revenue exposure to oil.

According to him, the non-oil economy has emerged as the backbone of Nigeria’s growth story, accounting for about 96 per cent of the country’s GDP and is expanding at about 4 per cent.

“Services, agriculture, and other non-oil sectors are increasingly carrying the weight of the economy. More importantly, non-oil revenues now contribute nearly three-quarters of total government collections.

“This marks a significant, if gradual, departure from our historic dependence on volatile oil receipts. The task before us is to deepen this transition through competitive manufacturing, export diversification, and private sector investment,” he said.

VP Shettima who is Chairman of NEC acknowledged that while it was the first meeting of the Council for the year 2026, the consequences of the choices made last year demand coherence, courage, and consistency in the new year.

“This moment in our journey calls for neither triumphalism nor despair. What it calls for is perspective. The Nigerian economy has travelled a difficult road over the past year, but it has not travelled it without progress,” he pointed out.

Noting that the nation’s economy witnessed significant growth in 2025, Senator Shettima attributed the rapid growth to the visionary leadership of President Bola Ahmed Tinubu.

His words: In 2025, our economy expanded by 3.9 per cent, the fastest rate of growth in over a decade. Quarter by quarter, this momentum was evident: growth strengthened from 3.13 per cent in the first quarter to 4.23 per cent in the second, before settling at 3.98 per cent in the third.

“This is the outcome of hard decisions taken in difficult circumstances, and this is not a surprise with a visionary like His Excellency, President Bola Ahmed Tinubu, leading the charge.”

The Vice President said, however, that acceleration of economic growth must not be confused with adequacy, observing that “a growth rate of 3.9 per cent, while encouraging, is not sufficient to decisively reduce poverty, generate jobs at the scale our population demands, or lift per capita incomes in a way that ordinary Nigerians can feel.

“With population growth at about 2.6 per cent annually, this rate of expansion leaves us with little room to absorb inflationary pressures or external shocks. Our ambition, therefore, must be higher,” he added.

Highlights of other deliberations and resolutions at the NEC meeting are as follows:

UPDATE ON ACCOUNT BALANCES AS AT 14th January 2026

The Accountant-General of the Federation gave update to Council on the under listed accounts as follows:

Excess Crude Account $535,823.39

Stabilization Account N64,652,693,552.36

Natural Resources Account N97,369,382,081.96

BRIEF ON THE IMPLEMENTATION OF PRESIDENT BOLA AHMED TINUBU, GCFR DIRECTIVES TO THE NATIONAL ECONOMIC COUNCIL (NEC) ON THE CONSTRUCTION OF LAGOS-CALABAR AND SOKOTO-BADAGRY HIGHWAYS

Council was briefed on the level of implementation of Mr. President’s directive concerning the Lagos-Calabar and the Sokoto-Badagry Super Highways, in accordance with the Administration’s Agenda.

In the report, Council was called to note that the President, Federal Republic of Nigeria, Senator, Bola Ahmed Tinubu, GCFR addressed the National Economic Council (NEC) during the 150th (3rd in 2025) meeting held on Thursday, 31st July 2025 where he underscored the need to properly manage the setbacks along the highways to create some form of investments/economic activities.

Flowing from the above, the NEC Secretariat interfaced with the Office of the Secretary to the Government of the Federation (Cabinet Office) on the assignment and was informed that the process had commenced, and is being overseen by the Office of the Secretary to the Government of the Federation.

Similarly, the Office of the Surveyor-General of the Federation has been moved to the Presidency in compliance with Mr. President’s directive.

PRAYER

Council is invited to note the level of implementation of Mr. President’s directive on setting up a committee for actualization of the administration’s legacy projects especially the Lagos-Calabar and the Sokoto-Badagry Coastal Highways and the movement of the Office of the Surveyor-General of the Federation from the Federal Ministry of Works to the Presidency.

COUNCIL RESOLUTION:

The Council constituted a Presidential NEC Committee on the implementation of the President’s directive.

The committee is chaired by the Governor of Cross River State while one governor from each sub-region will serve as member of the committee, namely: North West (Sokoto), North East (Gombe), North Central (Niger), South East (Abia), and South West (Lagos).

The Permanent Secretary of the Ministry of Budget shall serve as Secretary, while the Ministers of Works and Trasnportation will also serve on the committee.

PRESENTATION ON THE NEW WORLD BANK-NIGERIA COUNTRY PARTNERSHIP FRAMEWORK

In the World Bank Group briefing to Council on Partnership Framework Consultations (CPF), the presentation outlined how the World Bank Group supports Nigeria’s development goals.

It emphasized the shifts towards national programmes implemented at the state level (two-thirds of the active portfolio) and result-based financing (half of the active portfolio), all aimed to achieve impact at scale through fewer, but larger national programmes.

The presentation also talked about the First 2,000 days which includes: Securing Nigeria’s Future; Investing in Stunting Reduction and Early Childhood Development, among others.

The presentation also highlighted what needs to be done when the window for early cognitive development is missed, and when it is too late for recovery.

The WBG also set agenda for 2026 as follows:

January 2026: Agree to the development of a national, state-driven Early Years program under the HCD 2.0 Strategy of the National Economic Council.

January 2026: Nominate an HCD focal person and a senior Budget official to serve as State Early Years leads for engagement.

January – June 2026: Support a diagnostic and multisector dialogue process with your teams to emerge state-wise investment plans. (Immediate)
Immediate: Signal willingness to align budgets and MTSS with the emerging Early Years priorities.

The presentation advised that to move into the group of richer nations, we need to invest in Nigeria’s human capital.

NIGERIA’S SUSTAINABLE AGRICULTURAL VALUE-CHAINS FOR GROWTH (AGROW)

The presentation also highlighted agricultural value-chains to include the following:

$500M Results-Based Program: AGROW introduces a unified national platform tied to measurable outcomes, ensuring accountability and performance-driven implementation.

Co-Created with States & Private Sector: Designed collaboratively by MDAs, state governments, private companies, and development partners to ensure ownership and long-term sustainability, among others.

COUNCIL RESOLUTION:

Council lauded the proposed World Bank Group Country Partnership Framework consultations, which, among other aims, are targeted at investing in young Nigerian children, thereby delivering early results for Nigeria’s children and the future of work.

NEC resolved to take the lead in efforts to work with the World Bank in implementing President Bola Ahmed Tinubu’s Renewed Hope Agenda, having shown the capacity to effectively channel local and foreign resources.
Council committed to providing institutional support and commitment to the World Bank’s proposed framework for Nigeria.

UPDATE ON NIGERIA’S TAX REFORM LAWS PRESENTED BY PRESIDENTIAL FISCAL POLICY AND TAX REFORMS COMMITTEE

Update was presented to Council on Tax Reform. It stated that the reform is to address inequity and promote shared prosperity, a broken tax system, fragmented and complex, unconducive for growth, regressive, high burden on Nigerians & businesses.

The committee gave an overview of the entire tax framework with its priorities, targets, challenges and opportunities for economic transformation.

Council directed the committee to prepare a more comprehensive brief for presentation at NEC’s forthcoming conference in February to prepare the sub-nationals for the robust implementation of the tax laws across the country.

CONCLUSIONS AND PRAYERS

We seek the support of states for effective implementation

  1. Political leadership to support the tax reform
  2. Enactment of Tax Harmonisation Law by states
  3. Adoption of presumptive tax regime for informal sector
  4. Resourcing of state internal revenue service to improve capacity for administration
  5. Approval of National Fiscal Policy

COUNCIL RESOLUTION:

Council resolved to take a more robust engagement on the new tax regime at its forthcoming conference in February.

AT FIRST NEC OF THE YEAR

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EU Parliament calls for release of Niger’s ousted president Bazoum

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EU Parliament calls for release of Niger’s ousted president Bazoum

By: Zagazola Makama

The European Parliament has adopted a resolution calling for the immediate and unconditional release of Niger’s ousted president, Mohamed Bazoum, and his wife, who have remained in detention since the 2023 Niger coup d’état.

Bazoum, who was democratically elected in Niger’s historic transfer of power in 2021, would have completed his first five-year term in April 2026 if he had not been overthrown by members of his presidential guard.

In a resolution adopted almost unanimously on Friday, the European Parliament condemned the continued detention of Bazoum and his wife by the military authorities currently ruling Niger, describing their detention as arbitrary.

The lawmakers urged the military junta to release the former president immediately and restore constitutional order in the country.

The resolution warned that the international community could consider further sanctions and legal measures against members of the military leadership if the situation persists.

Bazoum and his wife have been held in confinement since July 2023 when soldiers led by Abdourahamane Tiani, the former head of the presidential guard, overthrew the government and suspended the constitution.

The coup drew widespread condemnation from the international community, including ECOWAS, which initially threatened military intervention to restore democratic governance.

However, the proposed intervention was never carried out, and Bazoum has remained in detention while the military authorities consolidated power.

Political observers say the failure of regional and international efforts to secure Bazoum’s release has raised concerns about the weakening of democratic norms in parts of the Sahel.

The European Parliament said the continued detention of the former president represents a violation of democratic principles and human rights, warning that silence or indifference toward such actions could encourage unconstitutional changes of government elsewhere.

The resolution also highlighted the deteriorating political and security situation in Niger since the coup, noting that democratic gains and human rights protections have been undermined under military rule.

Meanwhile, critics have also raised questions about the silence of Mahamadou Issoufou, Bazoum’s long-time political ally and predecessor, who some analysts say has not publicly pressed strongly enough for Bazoum’s release despite their decades-long political relationship.

The European Parliament’s move could revive international attention on Bazoum’s detention and increase diplomatic pressure on the junta to release him and return Niger to constitutional governance.

They also urged African governments and institutions to play a more active role in defending democratic norms and supporting the restoration of civilian rule in Niger.

Bazoum’s supporters continue to call for stronger international mobilisation to secure his freedom and restore the democratic mandate given to him by the Nigerien electorate.

EU Parliament calls for release of Niger’s ousted president Bazoum

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Northern Nigeria Faces Environmental Crisis as FG Unveils Plans to Revive Dying Rivers, Farmlands

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Northern Nigeria Faces Environmental Crisis as FG Unveils Plans to Revive Dying Rivers, Farmlands

By: Michael Mike

Alarm over worsening desertification and environmental degradation across Northern Nigeria has prompted the Federal Government to move ahead with new strategic plans aimed at restoring damaged ecosystems and safeguarding the livelihoods of millions of rural residents.

The initiative, supported by the World Bank and implemented under the Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) Project, focuses on the development and validation of nine Strategic Catchment Management Plans intended to tackle land degradation, water scarcity and declining agricultural productivity in vulnerable communities.

The plans are currently being reviewed at a multi-stakeholder workshop in Abuja, where government officials, development partners, environmental experts and community representatives are examining strategies to restore critical watersheds and strengthen climate resilience across the region.

Officials said the intervention has become urgent as environmental pressures continue to threaten food production, water supply and the stability of rural communities in the country’s northern belt.

Director of Hydrology at the Federal Ministry of Water Resources and Sanitation, Engr. Abohwo Ngozi, who represented the Minister, Joseph Terlumun Utsev, warned that desert encroachment, erratic rainfall and shrinking water bodies are already affecting livelihoods across the 19 northern states and the Federal Capital Territory.

She noted that degraded farmlands and drying rivers have become daily realities for farmers and pastoralists who depend on the region’s fragile ecosystems for survival.

According to Ngozi, the catchment management plans will provide a comprehensive framework for coordinating environmental restoration efforts while improving water and land management practices.

She explained that the strategies would help identify priority intervention areas, mobilise resources and guide long-term investments aimed at reversing environmental decline.

National Coordinator of the ACReSAL Project, Abdulhamid Umar, represented by Shettima Adams, said the nine catchment plans were developed after extensive consultations with communities directly affected by environmental degradation.

He said the catchments include Malenda, Oshin-Oyi, Gurara-Gbako, Aloma-Konshisha, Benue-Mada, Sarkin-Pawa-Kaduna, Zungur-Gongola, Gaji-Lamurde and Hawul-Kilange.

Umar noted that the plans would guide practical interventions such as tree planting, soil conservation, climate-smart agriculture and improved water management aimed at restoring ecosystems and boosting rural livelihoods.

“These plans reflect the voices of communities that are already living with the realities of desertification, shrinking water sources and degraded farmlands. They offer practical solutions designed to rebuild the landscapes and support sustainable livelihoods,” he said.

The catchment areas span several states including Adamawa, Bauchi, Benue, Borno, Gombe, Kaduna, Kano, Katsina, Kebbi, Kogi, Kwara, Nasarawa, Niger, Plateau, Taraba, Yobe and Zamfara, as well as the Federal Capital Territory.

Beyond environmental restoration, experts say improved catchment management could also help reduce tensions linked to competition for land and water resources among farmers, herders and rural communities in parts of Northern Nigeria.

Representing the World Bank Task Team Leader, Joy Iganya Agene, Henrietta Alhassan said the validation process marks an important step toward strengthening sustainable water resource management and climate adaptation efforts in the region.

She stressed that protecting catchment ecosystems is critical not only for environmental sustainability but also for ensuring long-term economic development and the resilience of communities that rely on these natural resources.

Officials involved in the programme said the workshop will complete the validation of the final batch of catchment plans, bringing the total number developed under the ACReSAL project to 20 and paving the way for large-scale environmental restoration and climate resilience interventions across Northern Nigeria.

Northern Nigeria Faces Environmental Crisis as FG Unveils Plans to Revive Dying Rivers, Farmlands

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NHRC Chief Urges West Africa to Break Silence on Gender Violence, Reveals 3.7m Rights Complaints Received in 2025

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NHRC Chief Urges West Africa to Break Silence on Gender Violence, Reveals 3.7m Rights Complaints Received in 2025

By: Michael Mike

The Executive Secretary of the National Human Rights Commission (NHRC), Tony Ojukwu, on Monday issued a strong call for urgent regional action to end gender-based violence, warning that millions of women and girls across Nigeria and West Africa continue to suffer abuse in silence.

Ojukwu made the appeal while delivering a keynote address at the International Women’s Day event organised by the Women’s Forum of the ECOWAS Court of Justice in Abuja, where he stressed that breaking the silence around gender violence is essential to achieving justice and equality.

Speaking on the theme “Rights. Justice. Action. For All Women and Girls,” the NHRC boss warned that gender-based violence remains one of the most widespread human rights violations in the world, stripping women and girls of dignity, safety and opportunity.

He said that while International Women’s Day is often marked with speeches and celebrations, the deeper challenge lies in confronting the realities that many women face daily.

“Silence has too often been the accomplice of violence. Too many women suffer in silence because they fear stigma, retaliation or disbelief. Today we must declare with one voice that silence is no longer an option,” Ojukwu said.

The human rights chief, who was represented by the Commission’s Director Women and Children Department, Mrs. Ngozi Okorie, painted a troubling picture of the scale of abuse, noting that Nigeria alone accounts for about 10 per cent of global survivors of gender-based violence, with an estimated 20 million women affected.

Citing data from the Nigeria Demographic and Health Survey 2018, he said nearly one in three Nigerian women between the ages of 15 and 49 has experienced physical or sexual violence at some point in her life.

Ojukwu also disclosed that the National Human Rights Commission received 3,724,822 complaints of human rights violations in 2025, a figure he described as both alarming and revealing of the scale of rights abuses across the country.

According to him, the complaints ranged from gender-based violence and child rights violations to abuses against other vulnerable groups.

He said the figures were compiled through the Commission’s 36 state offices and the Abuja Metropolitan Office, reflecting growing public awareness of the Commission’s mandate and increased willingness by victims to report violations.

“In Kano State alone, the Commission recorded 3,019 complaints between January and December 2025. Out of these, 2,276 were resolved while 743 cases remain under investigation,” he said.

He added that the Commission’s human rights monitoring dashboard recorded 670 cases of child abandonment in December 2025 alone, warning that such cases highlight the deeper social consequences of discrimination and violence against women and girls.

The NHRC boss emphasised that the choice of the ECOWAS Court as the venue for the event was symbolic, noting that the regional court has become a crucial platform for human rights enforcement in West Africa.

He recalled landmark rulings of the court, including the case of Dorothy Njemanze v Nigeria, in which the court found Nigeria guilty of discriminatory policing and gender-based violence against women.

Ojukwu said the judgment reinforced the role of the court in ensuring accountability and protecting the rights of women across the region.

“The ECOWAS Court has proven that justice can reach even the most vulnerable woman in a remote village. When this court says ‘break the silence,’ it speaks with the authority of an institution that listens to the cry of the common woman,” he said.

He disclosed that the Commission has introduced several initiatives to combat gender-based violence, including the launch of a Human Rights Dashboard for tracking violations and the introduction of a national short code 6472 to enable victims easily report abuses.

Ojukwu said the Commission is also expanding access to justice through technology, nationwide public awareness campaigns and stronger collaboration with civil society organisations and the media.

He noted that the NHRC has also endorsed the Male Feminists Network, a civil society initiative aimed at mobilising men and boys to challenge harmful cultural norms that enable violence against women.

According to him, addressing gender-based violence requires collective action involving governments, the judiciary, civil society groups, the media and traditional leaders.

He called on ECOWAS member states to harmonise and strengthen laws against gender-based violence while ensuring the enforcement of the Violence Against Persons (Prohibition) Act and other legal frameworks protecting women.

The NHRC chief further urged the judiciary to establish specialised gender-based violence courts, fast-track cases involving abuse against women and children and adopt survivor-centred approaches in the administration of justice.

He also appealed to the media to play a stronger role in exposing abuses and amplifying the voices of survivors while reporting cases with sensitivity and respect for victims.

“Ending gender-based violence requires more than sympathy. It demands justice. Perpetrators must be held accountable and survivors must have access to remedies that restore dignity and hope,” he said.

Ojukwu said by urging governments and stakeholders across West Africa to move beyond rhetoric and commit to concrete action that guarantees safety, dignity and equal rights for every woman and girl.

On her part, the President, ECOWAS Court of Justice Women’s Forum, Oluwatosin Nguher noted that gender-based violence remains one of the most pervasive human rights challenges of our time.

She said: “It undermines dignity, weakens institutions, disrupts communities, and directly affects access to justice.”

Nguher further stated that: “As a judicial institution serving the ECOWAS region, we cannot be indifferent to its impact. Silence perpetuates harm; action restores hope. Therefore, our proposed activities are carefully structured to foster informed dialogue, strengthen preventive strategies, and reaffirm our Court’s unwavering commitment to protecting the rights of women and girls.”

She charged that: “Together, through unity, awareness, and deliberate action, we can ensure that rights are protected, justice is accessible, and opportunities are equitable for all women and girls across the ECOWAS region.”

NHRC Chief Urges West Africa to Break Silence on Gender Violence, Reveals 3.7m Rights Complaints Received in 2025

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