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CSJ Raises Concerns over Tinubu’s Request to NASS for Approval of N500 Billion Fund for Palliatives
CSJ Raises Concerns over Tinubu’s Request to NASS for Approval of N500 Billion Fund for Palliatives
By: Michael Mike
Centre for Social Justice (CSJ), a Nigerian Knowledge Institution is deeply concerned about the request made by President Bola Ahmed Tinubu to the National Assembly for an amendment to the 2022 Supplementary Appropriation Act.
The President has requested a substantial amount of N500 billion from the 2022 supplementary budget to provide palliatives aimed at cushioning the effect of fuel subsidy removal.
CSJ, in a statement on Thursday said it finds it disconcerting that such a request is being made in July, the seventh month of the 2023 financial year for an amendment to the previous year’s supplementary budget, stressing that this raises questions about the propriety of the timing and the potential impact on fiscal planning and budgetary processes.
It said it was wrong to implement and proposed virements from the 2022 federal budget in July of 2023, insisting that this rubbishes the idea of a financial year defined as the period commencing on January 1 and ending on the 31st of December of every year.
The CSJ said: “In fact, and in logical parlance, the Federal Government cannot be proposing to use the 2022 budget to alleviate the hardship arising from the fuel subsidy removal that was announced in the middle of 2023.
“We note that the President’s request lacks specificity and vital details regarding how the proposed N500 billion will be allocated, spent and utilized. Without specific information on the intended purpose, target beneficiaries, etc, this request violates S.81 (2) of the Constitution of the Federal Republic of Nigeria 199 as amended vis: “The heads of expenditure contained in the estimates (other than expenditure charged upon the Consolidated Revenue Fund of the Federation by this Constitution) shall be included in a bill, to be known as an Appropriation Bill, providing for the issue from the Consolidated Revenue Fund of the sums necessary to meet that expenditure and the appropriation of those sums for the purposes specified therein”.
The CSJ described the request as neither transparent nor accountable; and best described as unconstitutional.
The statement added that: “CSJ strongly urges the National Assembly to assert its constitutional power of appropriation and demand that the requested amount’s specifics and the planned utilization be sent to it for vetting before approval. It is crucial for the government to follow the rule of law, demonstrate transparency and accountability in financial matters, especially when dealing with significant amounts of public funds.
“We emphasize that Nigeria’s fiscal challenges require a long-term and strategic approach rather than ad hoc measures. Short-term fixes, like a sprint run, may provide temporary relief, but they do not address the root causes of our fiscal imbalances. A comprehensive policy framework and sustainable solutions are needed to ensure long-term stability and prosperity for all Nigerians.
“We urge the Federal Government to follow the Constitution, prioritize transparency, engage in inclusive decision-making processes, and pursue evidence-based policies that address the underlying issues affecting our economy.”
The CSJ said it this provide for the National Assembly an opportunity to stamp its authority and avoid being tagged early in the day, as a rubberstamp institution.
CSJ Raises Concerns over Tinubu’s Request to NASS for Approval of N500 Billion Fund for Palliatives
Security forced arrested three over illegal arms dealings in Bauchi
By: Zagazola Makama
Three men have been arrested for allegedly engaging in illegal weapons dealings in Bauchi State, security sources said.
The suspects, identified as Peter Pama and Saleh Monday, both of Iburu, and Sunday Makama of Kasuwan Magani, were apprehended on Feb. 17 following intelligence on illicit arms activities.
Zagazola gathered that one locally fabricated AK-47 rifle and one fabricated pump-action gun from the suspects.
Investigations into the case are ongoing as security agencies work to determine the full extent of the arms network.
Security forced arrested three over illegal arms dealings in Bauchi
Joint troops repel bandit attack in Katsina, neutralise two and recover motorcycle
By: Zagazola Makama
Joint troops of Operation FANSAN YANMA have repelled an armed bandit attack in Gida Soda Village, Katsina State, neutralising two attackers and recovering a motorcycle, security sources said.
The incident reportedly occurred at about 12:45 a.m. on Feb. 17 when suspected bandits stormed the village. Troops, acting promptly in coordination with local police and Civil Watch Patrol Teams, engaged the attackers in an intense gunfight, forcing the criminals to flee.
During the operation, two of the bandits were neutralised, and a Boxer-brand motorcycle belonging to the group was recovered.
Tragically, one resident, Hassana Muhammad, 30, was reportedly fatally shot during the attack. She was rushed to Dansoda Hospital, where she was pronounced dead by medical personnel.
Sources said efforts to track fleeing bandits and secure the area are ongoing.
Joint troops repel bandit attack in Katsina, neutralise two and recover motorcycle
AACIS’26 Set to Open $40 Trillion Africa-Caribbean Market
By: Michael Mike
The 2026 edition of the Aquarian Consult’s Afri-Caribbean Investment Summit (AACIS’26) will focus on boosting trade, investment, and private sector partnerships between Africa and the Caribbean, targeting a combined market valued at $40 trillion across Africa, the Caribbean, and the Americas.
The Chief of Staff of Aquarian Consult Ltd, Serumun Ubwa, disclosed this while briefing journalists in Abuja, ahead of the summit scheduled for March 23–28, 2026.
She described AACIS as a strategic platform designed to connect African businesses with Caribbean partners, attract foreign investment, and promote sustainable economic collaboration across key sectors.
Ubwa highlighted that the inaugural AACIS in 2025 achieved landmark outcomes, including the establishment of the first direct flight from Africa to Saint Kitts and Nevis, the signing of Memoranda of Understanding in agriculture and cultural exchange, and a $40 million deep-water port agreement. She said these successes set the stage for the 2026 summit, which will expand opportunities for trade and investment.
She revealed that the 2026 summit will introduce two specialized events: the Afri-Caribbean Agriculture and Food Security Summit (March 23–24) and the Afri-Caribbean Health Summit (March 26), running alongside the main Investment Summit from March 25–28.
“By focusing on agriculture and healthcare, we aim to strengthen regional cooperation, enhance food security, open new export markets for African producers, and support policy frameworks that reduce import dependence in the Caribbean,” Ubwa said.
She added that the summit will feature structured Business-to-Business (B2B) and Business-to-Government (B2G) matchmaking sessions, an Investor Deal Room managed by investment promotion agencies, and sector-specific engagements in agriculture, healthcare, pharmaceuticals, renewable energy, tourism, digital technology, and the creative economy.
Ubwa added that over 2,000 participants are expected, including current and former heads of government, sovereign wealth funds, multilateral institutions, and private sector leaders. She emphasised that AACIS seeks to strengthen South-South cooperation and increase Africa-Caribbean trade, which currently represents less than one per cent of total trade between the regions.
Interested participants are expected to register for the summit at www.aquarianconsult.com/AACIS.
AACIS’26 Set to Open $40 Trillion Africa-Caribbean Market
Bandit attack in Zamfara leaves one dead, three abducted
Security forced arrested three over illegal arms dealings in Bauchi
Joint troops repel bandit attack in Katsina, neutralise two and recover motorcycle
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