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ECONOMIC STABILITY IS OUR PRIORITY IN 2024 AGENDA – VP SHETTIMA
ECONOMIC STABILITY IS OUR PRIORITY IN 2024 AGENDA – VP SHETTIMA
…As NEC appeals to organized labour to shelve planned strike
By: Michael Mike
The Vice President, Senator Kashim Shettima, has identified stability as one of the primes in the economic agenda of the Tinubu administration for the year 2024.
This is just as the National Economic Council (NEC) has appealed to the Organised Labour to shelve its planned strike, saying President Bola Tinubu remains committed to the welfare of Nigerian workers.
The Vice President stated that government at the federal, state and local government levels must remain committed to reevaluating their priorities, streamlining processes, and making bold decisions that would reflect key social issues, including social protection, social investment and nutrition.

Senator Shettima stated this on Thursday at the 136th meeting of the National Economic Council (NEC) held in the Council Chamber of the Presidential Villa, Abuja.
NEC, a statutory body that has the mandate to advise the President on the nation’s economic affairs, is chaired by the Vice President, with the Governors of the 36 states of the federation, the Governor of the Central Bank of Nigeria (CBN), Minister of Finance and other stakeholders as members.
In his opening address at the NEC meeting titled, ‘Planning for Stability: Our Agenda for Economic Growth in 2024’, Vice President Shetimma reminded the governors and other members of NEC that the weight of the tough decisions to rescue Nigeria’s economy depends on their cooperation and goodwill.
He noted that what has set President Bola Ahmed Tinubu apart as a Nigerian leader is the courage to embark on fixing the country’s economy through bold reforms.
Identifying stability as a major priority in next year’s economic agenda, the VP said, “It took courage to embark on fixing an economy hindered by decades of political lip service. But that’s what has set President Bola Ahmed Tinubu apart: his bold reforms to reposition the economy and save it from further erosion.
Other highlights of the meeting are as follows;
ACCOUNTS BALANCES:
Excess Crude Account: – $473,754.57
Stabilization Account – N34,936,868,803.58
Development of Natural Resources – N128,330,636,441.14
The Governor of Kogi State and chairman of the Committee on impact of Flood and Disaster Across the States in Nigeria, Yahaya Bello, categorized states based on degrees of damage.
He classified the states as:
Group A
States with over 15 points (most affected)
Anambra, Bauchi, Bayelsa, Benue, Borno, Kogi, Nasarawa, Niger, Rivers, Enugu, Kano, Oyo, Yobe, Zamfara
Group B
States with 10-15 points
Cross River, Delta, Jigawa, Kwara, Ondo
Group C
States with less than 10 points
Katsina, Abia, Adamawa, Akwa Ibom, Bauchi, Ebonyi, Edo, Ekiti, Gombe, Imo, Kaduna, Katsina, Kebbi, Lagos, Ogun, Osun, Plateau, Sokoto, Taraba, FCT.
COUNCIL RESOLUTION:
NEC resolved to develop a roadmap for intervention and directed NEMA to provide immediate intervention on relief to affected states. Roadmap to be developed and articulated by NEC with the Chairman of the Nigeria Governors Forum.
Presentation on the Joint Planning Board (JPB) And National Council on Development Planning (NCDP)
The presentation on the National Council on Development Planning (NCDP) and the Joint Planning Board (JPB) meetings serve as a platform for bringing together Senior Officials from Federal and State ministries, as well as other related Agencies responsible for Budget and Economic Planning, Representatives of the Organized Private Sector, the Academia, Development Partners and Civil Society Organizations to engage in in-depth discussions on economic policy issues, with a view to propose an optimal approach for enhancing economic management processes at both National and Sub-national levels.
B. Status Report on the Implementation of Key Resolutions of the 21st Edition of the JPB/NCDP Meetings
i. The FMBEP should collaborate with the States in the process of designing a template for harvesting the status of implementation of the JPB/NCDP resolutions, factoring the peculiarities of each State. i. The FMBEP should collaborate with the States in the process of designing a template for harvesting the status of implementation of the JPB/NCDP resolutions, factoring the peculiarities of each State.
C. Energy Sufficiency for Sustainable Economic Development: Options for Nigeria
i. Government at all levels should promote the migration of Heavy-Duty Industries/Transport systems from fossil fuel to Gas Infrastructure;
ii. Given the new Electricity Act that empowers States and individuals to participate in all components of the energy sector, State Governments should carry out energy audit to determine Energy needs and explore areas for collaboration with the private sector based on their comparative advantage; iii. States should develop small hydropower plants, on or off-grid, and solar, for communities and MSMEs; iv. The three tiers of Government should institute initiatives for the promotion of attitudinal change regarding energy use, wastage, and theft; and v. The government should promote Research and development, Local Content, New Energy (Hydrogen, Biofuels) Prototype Investments for energy sufficiency.
COUNCIL RESOLUTION:
Council noted that the meeting was successful and approved regular interaction and synergy among commissioners of Economic Planning across the federation.
PRESENTATION ON THE PRESIDENTIAL COMMITTEE ON FISCAL POLICY AND TAX REFORMS
The chairman of the Committee Mr. Taiwo Oyedele made presentation to the NEC on the fiscal policy and Tax Reforms, disclosing that the Committee was set up by His Excellency, President Bola Ahmed Tinubu, GCFR, to review and redesign Nigeria fiscal system with respect to:
(1) Revenue mobilisation, both tax and non-tax
(2) Quality of government spending and
(3) Sustainable debt management in addition, the committee will identify relevant measures to make Nigeria an attractive destination for investment and facilitate inclusive Economic growth.
Deliverables and outcomes
The expected outcomes from the work of the committee will include, but not limited to the following:
- Repeal of existing taxes and levies especially those that are suboptimal, obsolete or unduly burdensome and enactment of new harmonised tax laws;
- Preparation of a harmonised list of taxes and levies, not exceeding a single digit in number and covering all levels of government;
- Review of the 2017 National Tax Policy to produce a new National Policy on Tax and Fiscal Policy for ratification by the federal and state governments;
- A national fiscal risk framework for efficient fiscal governance, fiscal consolidation and stability;
- Draft bills for constitutional amendments on fiscal matters to promote fiscal federalism;
- Enhancements to the revenue administration system to improve revenue mobilization and a robust framework for tax revenue accounting and reporting to improve taxpayer trust;
- Establishment of National Office of Tax Ombudsman, Fiscal Policy and Tax Simplification.
COUNCIL RESOLUTION
Council noted the presentation
UPDATES ON PALLIATIVE DISTRIBUTION ACROSS THE STATES
The Governor of Kwara State, Abdulraman Abdulrazaq gave an update on the distribution of palliatives across the States. He told Council that members are making progress and urged them to re-double efforts as states looked forward for more interventions.
ECONOMIC STABILITY IS OUR PRIORITY IN 2024 AGENDA – VP SHETTIMA
News
Six killed, nine injured in fatal auto crash in Plateau
Six killed, nine injured in fatal auto crash in Plateau
By: Zagazola Makama
Six persons were killed and nine others injured in a fatal motor accident involving a trailer truck at Shendam Road junction in Langtang North Local Government Area of Plateau State.
Sources said that the accident occurred at about 5:30 a.m. on Jan. 4 when a trailer conveying about 400 bags of unprocessed rice from Yelwa-Shendam en route Kano State lost control and fell off the road.
The deceased were identified as Samaila Dahiru, from Katsina State; Sanusi Ladan Yelwa, from Toro Local Government Area of Bauchi State; Abubakar Sa’id, from Dass Local Government Area of Bauchi State; and Zaradeen Makama, from Birnin Kudu, Jigawa State.
Police said two other victims died in the crash but were yet to be identified as at the time of filing this report.
They added that nine persons sustained varying degrees of injuries.
“On receipt of the distress call, the Divisional Police Officer, Langtang North, mobilised and led a team of policemen to the scene and cordoned off the area,” the sources said.
They said the injured victims were rushed to the General Hospital, Langtang North, with the assistance of personnel of the Federal Road Safety Corps (FRSC) and members of the public for medical attention.
According to the sources , the identified corpses were released to their relatives for burial in line with Islamic rites.
Six killed, nine injured in fatal auto crash in Plateau
News
Realistic training key to winning modern battles, says Army Chief as he declared the TRADOC Conference 2026 open
Realistic training key to winning modern battles, says Army Chief as he declared the TRADOC Conference 2026 open
By: Zagazola Makama
The Chief of Army Staff (COAS), Lt.-Gen. Waidi Shaibu, has reiterated that realistic, mission-oriented and doctrine-driven training remains the most critical enabler for superior operational outcomes across Nigeria’s diverse theatres of operation.
Shaibu made this assertion while delivering his opening remarks at the 2026 Training and Doctrine Command (TRADOC) Conference, which formally commenced the Nigerian Army’s training activities for the year.

The Army Chief warned that failure to adequately and realistically prepare officers and soldiers for assigned missions would inevitably undermine operational effectiveness, noting that the evolving and increasingly complex security environment demands a force that is professional, adaptable, combat-ready and resilient.
According to him, the conference was convened to promote robust and forward-looking deliberations aimed at aligning training, doctrine and operational concepts with contemporary and emerging security challenges confronting the nation.

Shaibu said Army Headquarters remained firmly focused on sound policy formulation and holistic, mission-specific training, in line with his Command Philosophy.
He charged commandants and leaders of training institutions to internalise this philosophy and translate it into practical outcomes by producing combat-ready, resilient and adaptable troops capable of operating effectively within joint and multi-agency environments.
The COAS described the theme of the conference, “Enhancing Nigerian Army Operational Outcomes Through Effective Training and Doctrine Implementation,” as apt and timely, stressing that doctrine must continue to guide training, planning and the execution of operations across all formations.

He urged participants to relate conference presentations to real operational experiences, with a view to strengthening the Army’s capacity to counter terrorism, insurgency and other contemporary security threats.
Shaibu placed particular emphasis on Exercise MUGUN BUGU, describing it as the hallmark of Nigerian Army training activities. He said the exercise remained central to validating doctrinal principles and assessing operational readiness.
The Army Chief called for greater realism in training scenarios, including the integration of improvised explosive device (IED) threats, explosive ordnance disposal (EOD) procedures and the expanded use of simulators to enhance proficiency and cost-effectiveness.
While acknowledging the sacrifices of Nigerian Army personnel in safeguarding national security, Shaibu reaffirmed his commitment to strengthening fighting power, improving welfare and administration, and providing purposeful leadership to confront threats to peace and security.

He also commended past commanders of the Training and Doctrine Command, retired senior officers and the current TRADOC leadership for their contributions to the development of the Nigerian Army.
The COAS appreciated the conference resource persons for their insights, which he said would help shape the Army’s training and doctrinal direction in the year ahead.
Shaibu further expressed gratitude to the President and Commander-in-Chief of the Armed Forces, President Bola Ahmed Tinubu, GCFR, for his sustained support to the Nigerian Army, while reaffirming the unalloyed loyalty of the Service to the Constitution of the Federal Republic of Nigeria.
In his welcome remarks, the Commander, Training and Doctrine Command, Maj.-Gen. Peter Malla, described the conference as a critical intellectual platform for setting the tone for Nigerian Army training activities in 2026.
Malla said the conference underscored the Army’s unwavering commitment to doctrine-driven, realistic and mission-focused training as the foundation for operational effectiveness, particularly in an increasingly complex and adaptive security environment.
He noted that Nigeria’s prolonged engagements in counter-terrorism, counter-insurgency and other internal security operations had consistently highlighted the vital link between sound doctrine, effective training and operational success.
The TRADOC commander reaffirmed the command’s commitment to Nigerian Army Doctrine as the professional blueprint guiding operations, stressing the need for doctrine to remain dynamic and responsive to emerging threats.
He urged participants to actively engage in deliberations, challenge assumptions and propose practical solutions aimed at enhancing training effectiveness and strengthening the Army’s collective operational competence.
The COAS later formally declared the Training and Doctrine Command Conference 2026 open
Realistic training key to winning modern battles, says Army Chief as he declared the TRADOC Conference 2026 open
News
One killed, nine arrested as rival gangs clash in Kano
One killed, nine arrested as rival gangs clash in Kano
By: Zagazola Makama
One person was killed and nine suspects arrested following a violent clash between rival thuggery groups in Kawo and Mariri areas of Kano metropolis, sources have confirmed.
Sources told the Zagazola Makama that the incident occurred on Jan. 4 at about 9:00 p.m., following a fight between two rival groups led by Kabalo Snu and Faizu Mohammed, popularly known as Chabross of Yar Kasuwa, Kawo Quarters.
According to the sources, the clash was a reprisal attack linked to an earlier confrontation between the two groups. They said that earlier in the day, at about 1:40 p.m., Faizu Mohammed allegedly inflicted injuries on Kabalo during a separate altercation, prompting members of Kabalo’s group to launch a retaliatory attack later that night.
During the reprisal, Faizu Mohammed was reportedly stabbed in the neck with a sharp object, sustaining severe injuries. He was rushed to Sir Muhammadu Sanusi Specialist Hospital, where he died while receiving treatment.
The sources said the corpse was subsequently released to his relatives for burial, while normalcy was restored in the area.
However, tension resurfaced in the early hours of Jan. 5 when information was received that some suspected thugs were mobilising in large numbers at Kawo Quarters, allegedly to carry out another reprisal attack on Kabalo at his residence located at Jar Kuka, Mariri Quarters.
The sources said police operatives were swiftly deployed to the area and arrived to find that the suspects had already broken into a shop belonging to Kabalo.
According to the sources, the operatives charged into the area, arrested nine suspects and recovered some exhibits, while several others fled the scene.
The sources added that the situation has since been brought under control, with normalcy restored across the affected neighbourhoods. Investigation is ongoing, while efforts are being intensified to arrest other fleeing suspects and prevent further breakdown of law and order.
One killed, nine arrested as rival gangs clash in Kano
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