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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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Crime

Bandits kill two, injure six in Ikara community attack

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Bandits kill two, injure six in Ikara community attack

By: Zagazola Makama

Armed bandits have killed two residents and injured six others during an attack on Gidan Duma in Gangarida village, Ikara Local Government Area of Kaduna State.

Zagazola Makama report that the incident occurred at about 12:35 a.m. on Friday.

The source said the gunmen, armed with sophisticated weapons, invaded the residence of one Yakubu Samaila, 37, and abducted him after firing multiple shots.

According to sources , members of the community mobilised in an attempt to rescue the victim, during which Samaila managed to escape with gunshot wounds.

The sources said two other residents Ibrahim Isah, 45, and Solomon Ishaya, were shot and fatally injured during the confrontation.

“Four others, namely Irimiyah Samaila, Halilu Isah, Abel Markus, and Elkana Mohammed, all from Katsinawa village, also sustained various gunshot injuries,” the source added.

The sourcss disclosed that security teams were mobilised to the area and evacuated the injured victims to the hospital for treatment.

Those confirmed dead were certified at the hospital, while the injured are currently receiving treatment at Ahmadu Bello University Teaching Hospital (ABUTH), Zaria.

The source added that intensified operations were ongoing to track down the attackers.

“Investigation has commenced and further updates will be communicated,” he said.

Bandits kill two, injure six in Ikara community attack

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Lost Talents on Our Roads: A Call to Remember, Support, and Act

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Lost Talents on Our Roads: A Call to Remember, Support, and Act

By: Mohamed Malick Fall & Shehu Mohammed

Every day, lives are shattered. Dreams are cut short. Families are left in silence. On our roads, tragedy unfolds, not in distant lands, but in our own streets and communities. Children, young people, parents, neighbours—gone forever.

This is no ordinary loss. This is a pandemic of sorrow. A hidden crisis claiming millions each year. According to the WHO 2023 Global status report on road safety, road crashes claim approximately 1.19 million lives and injure nearly 50 million people annually, with the greatest burden borne by low- and middle-income countries.

In Africa, road traffic remains the leading cause of death among youth aged 5–29, with pedestrians and cyclists among the most vulnerable. Each number is not just a statistic; it is a life, a story, a promise unfulfilled.

On this World Day of Remembrance for Road Traffic Victims, we pause, remember, and mourn. But remembrance is not enough, we must act.

In Nigeria, every life lost on the road is a talent lost to our nation: a young person, a parent, a worker, taken too soon. A quiet room where laughter once lived. A deserted playground.

An empty stage. These are the spaces where absence speaks the loudest.
Road traffic injury is one of the leading causes of death for children and young people; the leaders, innovators, artists, teachers, and builders of tomorrow. When we lose them, we lose potential, progress, and hope.

Too often, our response is muted. Laws are weak, enforcement is inconsistent, and road deaths are treated lightly. A crash is called an “accident,” as if fate alone is to blame. But we know better: these are preventable tragedies. Every crash has a cause. Every injury leaves a mark that can last a lifetime.

We must acknowledge the tireless work of emergency responders, police, paramedics, and doctors. They face heartbreak daily, rushing to scenes of carnage, lifting bodies, comforting the wounded, offering solace where sorrow overwhelms. They are heroes, but even their courage cannot compensate for unsafe roads and broken systems.

The World Day of Remembrance calls on us to Remember. Support. Act. We remember the lives lost. We support those left behind—the families, the injured, and the communities. We act with urgency, compassion, and resolve.

Action begins with awareness. Every road user must understand that safety is a shared responsibility. Roads are not racetracks. Vehicles are not weapons. Speed kills. Distraction kills. Carelessness kills. Respect saves lives.

Action requires enforcement. Traffic laws must be clear, fair, and applied consistently. Speed limits are lifelines. Seatbelts, helmets, and child restraints are shields against death. Every driver, passenger, and cyclist must feel the weight of responsibility.

Action demands infrastructure. Safe roads, clear signs, pedestrian crossings, street lighting, and proper markings save lives. Governments, communities, and civil society must design roads that protect rather than endanger.

Action calls for empathy. Victims and their families deserve support, psychological care, medical aid, legal assistance, compensation, and recognition. The pain of loss should never be deepened by neglect.

On this day, we honor those taken too soon and the resilience of those who survive. We pledge not to let their talents vanish into silence. Their stories will guide us; their memory will drive us to change.

Every life saved is a victory. Every law enforced is progress. Every child protected is a promise kept. We have the knowledge, the tools, and the will. What remains is action; bold, urgent, persistent.

To the families of those lost: your grief is seen. Your sorrow is shared. Your loved ones are not forgotten. Their memory lives in every campaign, every policy, every act of prevention.

To our leaders: the cost of inaction is measured in lives; the cost of indifference, in tears. Invest in road safety. Strengthen laws. Build safer streets. Educate citizens. Every measure matters. Every moment counts.

To every citizen: your choices matter. Your speed matters. Your attention matters. One second of caution can save a lifetime. One act of responsibility can prevent unimaginable pain.

On this World Day of Remembrance, we say again: Remember. Support. Act. Not tomorrow, not later, but today.
Let us turn grief into resolve, loss into action. Roads must become safe again. Talents must not be lost again. Lives must be valued. Families must be spared. Together, we can rewrite the story of our roads.

Remember the lost. Support the living. Act to prevent more heartbreak. Every life matters. Every family matters. Every future matters.
Mr Mohamed Malick Fall is the UN Resident and Humanitarian Coordinator in Nigeria while Mr Shehu Mohammed (mni) is the Corps Marshal/ CEO of the Federal Road Safety Corps (FRSC)

Lost Talents on Our Roads: A Call to Remember, Support, and Act

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Army trolls in Adamawa arrest major drug supplier to terrorists

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Army trolls in Adamawa arrest major drug supplier to terrorists

By: Zagazola Makama

Troops of Operation Hadin Kai (OPHK) have arrested a suspected major drug supplier to Boko Haram and ISWAP terrorists operating across parts of Borno and Adamawa.

The suspect, identified as Zubairu Muhammad, 45, was arrested at about 6:30 a.m. on Tuesday by troops of 232 Battalion (Tactical), Uba, Adamawa State.

Sources told Zagazola Makama that Muhammad is believed to be one of the major suppliers of cannabis sativa and crystal meth (popularly known as ICE) to terrorists through the Askira-Uba, Chibok, Michika and Damboa corridors.

According to the source, the troops recovered 14 blocks of cannabis sativa valued at over N1 million, and 43 grams of ICE, valued at more than N3 million, from the suspect.

He was also found with two Army camouflage T-shirts, which he allegedly used while delivering illicit substances to terrorists.

The source said preliminary investigation had been concluded, and that the exhibits would be handed over to the National Drug Law Enforcement Agency (NDLEA), Yola Command, for further action.

Army trolls in Adamawa arrest major drug supplier to terrorists

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