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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
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Marwa calls for collective action against drug abuse, cultism, banditry

Marwa calls for collective action against drug abuse, cultism, banditry
By: Michael Mike
Chairman/Chief Executive of the National Drug Law Enforcement Agency (NDLEA), Brig. Gen. Buba Marwa (Rtd) has called for collective action involving families, religious and community leaders to stem the tide of substance abuse, cultism and banditry among Nigerian youths.
Marwa made the call while delivering the keynote address at a seminar with theme: “Dangers of drug abuse, cultism and banditry among youths”, organized by the Ijebu Ode Council of Olorituns in Ijebu Ode, Ogun state on Saturday
He called on all stakeholders to curb the menace of the inter-linked social vices of illicit drugs, cultism and banditry.
He said the triple threat of cult-related violence, rampant abuse of drugs and illicit substances, and the challenge of banditry across various regions, is a reality that must be dealt with decisively.

He said: “While these issues may appear distinct, they are intricately connected, feeding one another in a cycle of destruction that must be broken if our society is to thrive. Cultism, once largely confined to tertiary institutions, has insidiously spread into secondary schools and neighbourhoods. What began as secret gatherings has transformed into violent confraternities, often manipulated by political or criminal interests. These groups lure young people, often under the guise of brotherhood, protection or empowerment, into a world of fear, violence and premature death. Tragically, the hands of many of our youth have been stained with the blood of their peers, all for false promises of belonging and power.”
According to him, “It is projected that the number of people using drugs will increase by 40% in Africa. When they say Africa, I want us to think of Nigeria, because Nigeria has one of the highest drug use prevalences in the world.”
He however said that despite the projection by the United Nations Office on Drugs and Crime (UNODC), all hope is not lost. “As a nation and as communities, we still possess the power to reverse this trend”, he assured.
“The first step is collective responsibility. Parents, religious institutions, traditional rulers, educational authorities and community leaders must rise with one voice against these vices. The family unit must be strengthened as the first point of moral instruction, while schools should be safe spaces that promote discipline, mentorship and awareness.
“We must also invest in youth development by creating opportunities for education, entrepreneurship, skills acquisition and sports. Idle hands, as we know, are the devil’s workshop. When our young people find purpose and meaning, they are less likely to seek false validation from cults or drugs”, Marwa stated.
On how the NDLEA is responding to the challenge, Marwa said: “We have intensified our war against drug trafficking and abuse. Nationwide raids have led to significant seizures and arrests, which we share weekly on our official channels.
“In the past 54 months, we have arrested 67, 345 traffickers, including 95 barons, and 12, 415 of them are presently serving various jail terms. The barons we have arrested are not anonymous people in society. They include big business people and socialites—some of them have chieftaincy titles—and also government officials, including those tasked with maintaining law and order. That tells how deeply the rot had eaten into the fabric of our society.
“Within the period, we have seized more than 11.2 million kilograms of assorted illicit drugs and destroyed 1,572 hectares of cannabis farms mostly in Southwest States where some people are cultivating cannabis on a large scale, utilising land that should have been used for other cash crops for illicit crops.
“We are also scaling up our Drug Demand Reduction programmes, including school outreaches, community sensitisation and rehabilitation initiatives. We have within the same period conducted 11,584 sensitisatioin lectures in schools, work places, woship centres, motor parks, palaces of traditional rulers and communities, while 27, 187 drug users have been treated and rehabilitated through our 30 rehab facilities across the country in addition to thousands of others who have benefitted from the psychosocial support services provided on our toll-free helpline: 080010203040.”
The NDLEA boss, while challenging other stakeholders, said “we cannot do it alone. We need communities like Ijebu-Ode to partner with us, to speak up, to report suspicious activities and to support our advocacy drives.
“Moreover, security architecture must be enhanced at the grassroots level. Local vigilante groups, properly trained and coordinated, can serve as the eyes and ears of the community, working closely with law enforcement agencies to disrupt cult gatherings and prevent violent incidents.
“We must rekindle the moral and spiritual fabric of our society. We must remind our youth that there is dignity in labour, pride in learning and honour in integrity. The path to greatness is not paved with shortcuts of violence and drugs, but with hard work, vision and purpose.”
He commended the Council of Oloritun for organizing the seminar and the choice of the theme. “Your commitment to community and youth development is clear, and I encourage other councils across Nigeria to emulate this initiative. Let us rise as one people to rescue our children, secure our streets and restore the values that once defined our land”, he added.
In his welcome address, Chairman of the Council, Chief Adebisi Adeola Alausa commended Marwa for accepting the Council’s invitation. He said: “Your presence today reflects our shared commitment to safeguarding the future of our community and our nation. We are gathered here not merely as individuals, but as a united front, as traditional leaders, government officials, parents, educators, and most importantly, our youths, to confront challenges that threaten the very fabric of our society. The issues we address today, the drug abuse, cultism, and banditry, are not distant problems”
Chairman of the occasion, Senator Lekan Mustapha describe different approaches Marwa as a visionary leader based on his past records of performance as military governor of Borno and Lagos as well as his transformation of NDLEA into reckoning both locally and internationally. “That you honoured our invitation shows your passion for the job, the safety and protection of our youths from drug and other vices”, he added.
Marwa seized the opportunity of his presence in Ijebu Ode to pay the family of the late Awujale of Ijebu land, Oba Sikiru Adetona, a condolence visit.
Marwa calls for collective action against drug abuse, cultism, banditry
News
Two Women Abducted in Kwara State, Security Forces Launch Search Operation

Two Women Abducted in Kwara State, Security Forces Launch Search Operation
By: Zagazola Makama
The Kwara State Police Command, Zone 8 Lokoja, has confirmed the abduction of two women from Edogi community in the early hours of Friday.
The incident occurred at about 2:00 a.m. when armed men invaded the home of 50-year-old Alhaji Mustapha and took away his wives Shafa’u Mustapha and 35-year-old Fauzat Mustapha.
Upon receiving the report around 8:00 a.m., soldiers, police, vigilante members, and local hunters were mobilized to the scene and began combing nearby bushes in a search-and-rescue mission.
Authorities say investigation is ongoing to track down the kidnappers and secure the victims’ release.
Two Women Abducted in Kwara State, Security Forces Launch Search Operation
News
Education: Zulum upgrades infrastructure, teachers’ welfare

Education: Zulum upgrades infrastructure, teachers’ welfare
… orders more high Islamic colleges, libraries
By: Our Reporter
Borno State Governor, Babagana Umara Zulum, held a high-level meeting on Thursday with key stakeholders in the education sector to review current challenges and outline fresh directives for improving learning outcomes, infrastructure, and coordination across the state.
The meeting, chaired by the Governor at the Council Chamber of the Government House in Maiduguri, brought together senior officials from the Ministry of Education, Science, Technology and Innovation and heads of education boards, agencies, and institutions.
Zulum emphasised the synergy among all agencies in the education sector noting that with proper collaboration effective service delivery would be provided for the people of Borno.
Governor Zulum outlined a multifaceted plan to rejuvenate the education sector, which includes building houses for teachers, renovating dilapidated schools, providing professional development opportunities, and improving teachers’ access to resources.

The meeting was attended by the Deputy Governor, Umar Usman Kadafur, Acting Chief of Staff, Dr Babagana Mustapha Mallumbe, Commissioner for Education, Science, Technology and Innovation, Engr Lawan Abba Wakilbe, among other senior officials.
… orders more high Islamic colleges, libraries
Meanwhile, as part of his policy direction for the education sector, Governor Babagana Umara Zulum has directed the establishment of additional High Islamic Colleges in some local government areas.
The High Islamic Colleges are designed to offer a wide range of programmes, including traditional Islamic studies, literacy and numeracy, modern sciences, and vocational training.
According to Zulum, the High Islamic Colleges were to ensure the integration of the non-formal education sector with formal education. He also affirmed that the colleges will teach basic literacy, numeracy, and vocational skills to Almajiri pupils and will provide a second chance for out-of-school children who have exceeded the enrollment age.
In addition, the governor directed the establishment of additional state libraries in Biu, southern Borno, and Monguno, in the northern part of the state.

“Deliberately, I upgraded the Maiduguri library, with the aim of establishing another one in Biu and one in Monguno in order to promote reading culture, which is fast eroding. I want you to rejuvenate the reading culture by ensuring the library is effective. But most importantly, apart from the physical books, let’s put a mechanism for e-books in place,” Zulum said.
Education: Zulum upgrades infrastructure, teachers’ welfare
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