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Centre Advises Tinubu on How to Tame Soaring Inflation
Centre Advises Tinubu on How to Tame Soaring Inflation
By: Michael Mike
President Bola Tinubu has been advised to take a holistic approach at taming the soaring inflation in the country
A press statement on Tuesday by the Lead Director of the Centre for Social Justice, Eze Onyekpere said it has become imperative that Nigeria’s economic managers adopt a holistic approach to improving the economy/decelerate inflation.
Among the advised given for a leeway out of the present economic doldrums include “Increased productivity especially in the tradable and export-oriented sectors (including oil and gas as well as removing export trade barriers in the agriculture sector in the short run) can shore up our foreign exchange earnings which will improve the value for the Naira against major international currencies thereby limiting import induced inflation.
“Improving security of lives and property through the right political will that guarantee value for money in the provision of security services in Nigeria. It should be recalled that security has been given the highest budgetary allocations at the federal level in the last ten years. This will also improve agriculture’s contribution to the GDP and food production thereby limiting food inflation which has been the major driver of inflation over the last one year. Improved security will further lead to increased oil and gas production for export and local refining.
“Limit ways and means of funding of the federal budget to the statutory limit of not more than 5 percent of previous years’ actual revenue in accordance with S.38 of the Central Bank of Nigeria’s Act 2007.
“Implement a Nigeria First Local Content Policy in Federal and State Public Procurement to ensure that capital budget implementation do not put undue pressure on the Naira. Rather, capital budget implementation should create jobs, enhance local productivity and grow the economy, and
“Stop denying Nigerians access to their money, vis cash in banks as a means of mopping up what is considered excess liquidity. This is a fundamentally flawed measure for the reduction of inflation.”
Centre for Social Justice noted that rising prices is a symptom of the overall negative macroeconomic fundamentals and strong headwinds besetting the Nigerian economy, adding that beyond inflation, the Naira is losing value, poverty and unemployment is increasing; there have been massive factory closures, increasing insecurity and population growth figures that almost outpaced economic growth.
The Centre said that: “Furthermore, the short term and medium-term impact of economic reform measures (fuel subsidy removal and exchange rate unification) have not been properly articulated. The reforms were not accompanied by an evaluation/projection of their impact on the economy as well as countervailing measures necessary to limit their harsh effects on prices and other macroeconomic indicators.”
Centre Advises Tinubu on How to Tame Soaring Inflation
Police recover 15 rustled cows in Zamfara
By: Zagazola Makama
The Police Command in Zamfara says its operatives have recovered 15 cows rustled by armed bandits during an attack on Gidan Kwagiri village in Damba District of Gusau Local Government Area.
Security sources said the incident occurred at about 1:30 a.m. on Feb. 15 when the bandits invaded the community and carted away cows and sheep belonging to residents.
According to the sources, upon receiving the report, the Divisional Police Officer (DPO) in charge of Damba Division mobilised personnel alongside patrol teams from the Department of Operations to pursue the attackers.
The team was said to have successfully recovered 15 cows, which were subsequently handed over to their owners.
Efforts, however, are ongoing to track down the suspects and recover the remaining rustled animals, while security patrols have been intensified in the area to forestall further attacks.
Police recover 15 rustled cows in Zamfara
Operation Whirl Stroke arrests cow rustling suspects fuelling violence in Benue
By: Zagazola Makama
Troops of the Joint Task Force (JTF) Operation WHIRL STROKE have arrested suspects linked to cattle rustling in Benue State, following two separate security incidents in Guma Local Government Area.
Security sources said that on Feb. 15, troops responded to an attack on herders at Amua Village, located between Daudu and Umenger/Ukpiam. The attack left one herder dead, while another sustained gunshot wounds and was evacuated to Keana in neighbouring Nasarawa State for urgent medical attention. The remains of the deceased were handed over to community representatives for burial according to local customs.
In a related operation on the same day, troops stationed at Ukpiam acted on intelligence provided by vigilant youths concerning suspected cattle rustling. The troops arrested a 23-year-old suspect, Terngu Aondohemba, who reportedly confessed to killing two cattle belonging to Fulani herders. He also implicated two accomplices, Akpehe and Ashinge, who are still at large.
Further investigation led security operatives to Korje Village in Daudu, where Mrs. Mercy Onban, wife of the alleged buyer of the stolen meat, was apprehended along with the recovered meat exhibits. Both suspects remain in custody pending further investigation.
The Force Commander of the Joint Task Force, Major General Moses Gara, condemned the attacks and criminality, affirming the commitment of Operation WHIRL STROKE to halting killings and cattle rustling in the Joint Operations Area.
He urged community leaders to strengthen collaboration with security agencies, stressing that timely intelligence sharing is critical to restoring lasting peace. Major General Gara also reassured law-abiding residents of the strong resolve of the Joint Task Force to protect lives and property across the region.
Operation Whirl Stroke arrests cow rustling suspects fuelling violence in Benue
Federal Government arraigns Nasir El-Rufai over alleged phone interception
By: Zagazola Makama
The Federal Government has charged former Kaduna State Governor, Mallam Nasir El-Rufai, before the Federal High Court, Abuja, over alleged unlawful interception of phone communications belonging to the National Security Adviser, Nuhu Ribadu.
Court documents showed that El-Rufai, 65, appeared as a guest on Arise TV’s Prime Time Programme on Feb. 13, 2026, where he reportedly admitted to involvement in the interception and to knowing individuals who carried out the act without reporting them to security agencies.
The charges, filed under TABU DET CR/99/2026, include: Count One, Allegedly admitting during the television interview that he and his associates unlawfully intercepted the phone communications of the National Security Adviser, contrary to Section 12 (1) of the Cybercrimes (Prohibition, Prevention, etc.) Amendment Act, 2024.
Count Two, Allegedly stating that he knew individuals who unlawfully intercepted the same communications but failed to report them, in violation of Section 27(b) of the Cybercrimes (Prohibition, Prevention, etc.) Amendment Act, 2024. Count Three, Allegedly using technical systems to compromise public safety and national security, and instilling apprehension among Nigerians, in breach of Section 131(2) of the Nigerian Communications Act, 2003.
The case, filed by a team of Federal Government lawyers led by ME Ernest, OM Owan, UM Bulla, CS Eze, and VE G. Orubor, is set to proceed with investigations and trial proceedings.
Authorities said the matter falls under the jurisdiction of the Abuja Judicial Division of the Federal High Court, where the accused will be required to respond to the charges.
The trial is expected to attract significant public attention given the high-profile nature of the accused and the sensitive security issues involved.
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