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ECONOMIC STABILITY IS OUR PRIORITY IN 2024 AGENDA – VP SHETTIMA

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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:

  1. Repeal of existing taxes and levies especially those that are suboptimal, obsolete or unduly burdensome and enactment of new harmonised tax laws;
  2. Preparation of a harmonised list of taxes and levies, not exceeding a single digit in number and covering all levels of government;
  3. 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;
  4. A national fiscal risk framework for efficient fiscal governance, fiscal consolidation and stability;
  5. Draft bills for constitutional amendments on fiscal matters to promote fiscal federalism;
  6. Enhancements to the revenue administration system to improve revenue mobilization and a robust framework for tax revenue accounting and reporting to improve taxpayer trust;
  7. 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

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Advocacy Group Demands Proof of NBMA Chief’s Eligibility

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Advocacy Group Demands Proof of NBMA Chief’s Eligibility

By: Michael Mike

A civil society organisation, Citizens Advocacy for Social and Economic Rights (CASER), has formally requested access to the academic and professional records of Bello Bwari, director-general of the National Biosafety Management Agency (NBMA), raising questions about his eligibility to occupy the position.

The request was submitted under the Freedom of Information (FOI) Act to the Federal Ministry of Environment.

CASER said the move was prompted by concerns that the current head of the biosafety agency may not meet the qualifications required by law.

According to the group, the NBMA Act provides that the director-general of the agency must possess at least a master’s degree in biological sciences or a related field, while noting that Bwari is widely known to be a legal practitioner, a background the organisation argues may be inconsistent with the statutory requirements for the role.

In the FOI application, CASER called on the Minister of Environment, Balarabe Lawal, to confirm the director-general’s credentials and make the information available to the public. The organisation stressed that transparency in appointments is essential for maintaining confidence in regulatory institutions.

CASER further warned that failure to clarify the issue could weaken public trust in agencies responsible for biosafety, environmental protection, and biotechnology oversight.

The group added that the matter goes beyond one appointment and reflects broader concerns about compliance with enabling laws in public offices.

Founder of CASER and a human rights lawyer,!Frank Tietie, criticised what he described as the lack of response from professionals in the scientific community. In a recent opinion article, he argued that leadership of a biosafety agency without strong scientific grounding could undermine effective regulation.

Tietie said adherence to the law must be non-negotiable, warning that overlooking statutory provisions risks eroding accountability and institutional integrity.
End

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FG Reaffirms Commitment to Strengthening Environmental Governance

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FG Reaffirms Commitment to Strengthening Environmental Governance

By: Michael Mike

The Federal Government has reaffirmed its commitment to strengthening environmental governance and improving the delivery of internationally funded environmental projects in the country.

The commitment was made on Monday in Abuja as the National Capacity Building Workshop on Project Oversight for the Global Environment Facility (GEF) Operational Focal Point and Implementing Partners commenced.

Declaring the workshop opened, the Minister of Environment, Balarabe Abbas Lawal, described the programme as timely and strategic, noting that Nigeria continues to grapple with a range of environmental challenges, including desertification, plastic pollution, biodiversity loss, oil contamination in the Niger Delta, and the growing impacts of climate change.

The Minister, who was represented by the Permanent Secretary in the Ministry, Mahmud Kambari stressed that addressing these challenges requires not only access to global environmental financing but also strong institutional capacity for effective planning, implementation, monitoring, and oversight of projects.

He acknowledged the Global Environment Facility (GEF) as a long-standing development partner, highlighting its significant contributions to biodiversity conservation, climate change mitigation, sustainable land management, and community-based environmental initiatives across the country, while noting that GEF-supported interventions have helped conserve hundreds of indigenous plant species, promote sustainable forest management, and support renewable energy and energy-efficiency initiatives aligned with Nigeria’s climate action goals.

Lawal further emphasized the role of GEF projects in addressing land degradation and enhancing food security through sustainable agriculture and landscape restoration. He cited flagship interventions that integrate nature-based solutions with livelihood resilience as clear examples of how environmental protection can be linked to socio-economic development.

The Minister also commended initiatives such as GEF GOLD+, which promotes mercury-free artisanal gold mining, and integrated landscape management projects in the Niger Delta aimed at transforming cocoa and palm oil production systems.

In the welcome remarks from the office of the Permanent Secretary of the Ministry of Environment, the importance of strong project oversight in translating GEF funding into measurable and lasting environmental outcomes was underscored.

The remarks which was read by the Director Planning, Research and Statistics in the Ministry, Agnes Aneke noted that the workshop was designed to strengthen Nigeria’s engagement with the GEF and ensure that stakeholders are fully equipped to manage the country’s project portfolio in line with international best practices.

Aneke also noted that Nigeria has benefited from over three decades of partnership with the GEF, with interventions spanning biodiversity conservation, climate change mitigation and adaptation, land degradation control, international waters management, and the reduction of chemicals and waste. However, he emphasized that funding alone is not sufficient, stressing the need for effective coordination, technical competence, and robust monitoring and evaluation systems.

She said the Nigeria-focused training directly addresses the country’s pressing environmental challenges, including desertification, plastic waste proliferation, oil pollution in the Niger Delta, biodiversity loss, and increasing climate risks, while . explaining that participants would, over the two-day workshop, deepen their understanding of the roles and responsibilities of the GEF Operational Focal Point, implementing agencies, and other stakeholders, while also strengthening skills in reporting, communication, project visibility, and results-based management.

The workshop was organized by the Federal Ministry of Environment in collaboration with the Global Environment Facility, with technical support from the Tropical Biology Association (TBA). It builds on lessons from a recent regional training held in Ghana and is expected to enhance transparency, accountability, and overall performance in the implementation of GEF-supported projects in Nigeria.

Participants were drawn from government institutions, implementing agencies, civil society organizations, and convention focal points were urged to engage actively in the sessions, share experiences, and develop practical oversight strategies that align with Nigeria’s national development and environmental priorities.

The two-day workshop is expected to contribute to improved project performance, stronger partnerships, and more effective environmental interventions across the country.

FG Reaffirms Commitment to Strengthening Environmental Governance

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Seven dead, five injured in multiple-vehicle crash along Lokoja–Abuja highway

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Seven dead, five injured in multiple-vehicle crash along Lokoja–Abuja highway

By: Zagazola Makama

At least seven persons were killed and five others injured on Tuesday morning in a multiple-vehicle collision along the Lokoja–Abuja highway near Gadabiu Village, Kwali Local Government Area of the Federal Capital Territory (FCT).

Sources told Zagazola Makama that the accident occurred at about 9:00 a.m. when a Howo truck, with registration number ANC 665 XA, driven by one Adamu of Tafa Local Government Area, Kaduna State, lost control and rammed into three stationary vehicles parked along the road.

The affected vehicles included a Golf 3 (GWA 162 KZ), another Golf and a Sharon vehicle.The drivers of the three stationary vehicles are yet to be identified.

The sources said the Howo truck had been travelling from Okaki in Kogi State to Tafa LGA in Kaduna State when the incident occurred. Seven victims reportedly died on the spot, while five sustained various degrees of injuries, including fractures.

The injured were rushed to Abaji General Hospital, where they are receiving treatment. The corpses of the deceased have been released to their families for burial according to Islamic rites.

The police have advised motorists to exercise caution on highways and called on drivers to ensure their vehicles are roadworthy to prevent similar accidents in the future.

Seven dead, five injured in multiple-vehicle crash along Lokoja–Abuja highway

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