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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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Rising tension in Katsina as CJTF personnel fatally shoot father of bandit leader in Malumfashi

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Rising tension in Katsina as CJTF personnel fatally shoot father of bandit leader in Malumfashi

By: Zagazola Makama

The fragile peace in Malumfashi Local Government Area of Katsina State has been threatened following the fatal shooting of Alhaji Ibrahim Nagode, 60, by Civilian Joint Task Force (CJTF) personnel.

Nagode, a resident of Na’alma village, is the father of a known bandit leader, Haruna Ibrahim, also called “Fada”.

Sources told Zagazola Makama that the shooting occurred as Fada was returning to his village, following a recently brokered peace accord between bandits and the communities in Malumfashi.

Security sources said the area had been on high alert after intelligence suggested that suspected armed bandits were regrouping in the locality.
In a bid to prevent renewed attacks, the joint troops were deployed to intensify patrols as proactive measure to forestall any hostile activity,” a security source said. However, the operation reportedly resulted in the tragic death of Nagode.

The Department of State Services (DSS) has arrested all CJTF personnel involved in the incident.

Sources said that the authorities are monitoring the situation closely, warning that the death of the bandit leader’s father could escalate tensions in the region.

The sources expressed concern over the potential for retaliation, emphasizing the importance of dialogue and adherence to peace accords to prevent further bloodshed.

Meanwhile security operatives have called on residents to remain vigilant and report suspicious movements in their areas.

Rising tension in Katsina as CJTF personnel fatally shoot father of bandit leader in Malumfashi

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WFP: Recent Surge in Insecurity Driving Hunger to Level Never Before in Nigeria

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WFP: Recent Surge in Insecurity Driving Hunger to Level Never Before in Nigeria

By: Michael Mike

Growing instability across northern Nigeria, including a surge in attacks, is driving hunger to levels never seen before, the United Nations World Food Programme (WFP) has warned.

The warning follows the release of the latest Cadre Harmonisé, a regional food security analysis that classifies the severity of hunger, which found that nearly 35 million people are projected to face severe food insecurity during the 2026 lean season, the highest number recorded in Nigeria.

WFP, in a statement on Tuesday, said attacks by insurgent groups in Nigeria have intensified throughout 2025. Jama’at Nusrat al-Islam wal-Muslimin (JNIM), an al-Qaeda affiliate, reportedly carried out its first attack in Nigeria last month.

Meanwhile, the insurgent group Islamic State in West Africa Province (ISWAP) is said to be pursuing its expansion across the Sahel. Other recent incidents include the killing of a brigadier soldier in the northeast and attacks on public schools in the north, where several teachers and hundreds of schoolgirls remain missing.

“Communities are under severe pressure from repeated attacks and economic stress,” said David Stevenson, WFP Country Director and Representative in Nigeria.

He said: “If we can’t keep families fed and food insecurity at bay, growing desperation could fuel increased instability with insurgent groups exploiting hunger to expand their influence, creating a security threat that extends across West Africa and beyond.”

The statement lamented that Northern Nigeria is experiencing the most severe hunger crisis in a decade with rural farming communities the hardest hit. Nearly six million people in the north are projected to face crisis levels of hunger or worse during the 2026 lean season – June to August – in the conflict zones of Borno, Adamawa and Yobe states.

It added this includes some 15,000 people in Borno State who are expected to confront catastrophic hunger (Phase 5, famine-like conditions). Children are at greatest risk across Borno, Sokoto, Yobe and Zamfara, where malnutrition rates are highest.

It said the dire situation has been compounded by funding shortfalls that diminish WFP’s ability to provide life-saving assistance. In the northeast – where nearly one million people depend on WFP’s food and nutrition assistance – WFP was forced to scale down nutrition programmes in July, affecting more than 300,000 children. In areas where clinics closed, malnutrition levels deteriorated from “serious” to “critical” in the third quarter of the year.

It however assured that despite soaring needs, WFP will run out of resources for emergency food and nutrition assistance in December. Without urgent funding, millions will be left without vital support in 2026, risking more instability and deepening a crisis that the world cannot afford to ignore.

WFP: Recent Surge in Insecurity Driving Hunger to Level Never Before in Nigeria

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ActionAid Laments the Use of Social Media to Silence Women and Girls in Nigeria

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ActionAid Laments the Use of Social Media to Silence Women and Girls in Nigeria

By: Michael Mike

ActionAid Nigeria (AAN) has decried that social media and digital platforms intended to empower, are increasingly exploited to harass, stalk, and silence women and girls. In Nigeria.

AAN in a statement on Tuesday to commemorate the start of the 16 Days of Activism Against Gender-Based Violence with the theme, “UNiTE to End Digital Violence Against All Women and Girls.” signed by its Country Director, Dr. Andrew Mamedu lamented that digital threat compounds the physical dangers girls face in schools amid rising insecurity, creating a dual crisis that demands immediate and collective action.

Mamedu said: “ActionAid Nigeria has long championed safe spaces for women and girls through initiatives such as our Safe Cities project, Women’s Voice and Leadership Nigeria project, the Renewed Women’s Voice and Leadership project, Local Rights Programme and community-based GBV response programs across 21 states and the FCT. In a nation where one in four girls experience sexual violence before the age of 18, the combination of physical and online threats is a crisis that deprives our girls of safety, education, and their future.

“We UNiTE today to break this cycle, fortifying schools against physical violence and abduction, while safeguarding digital spaces from virtual predators.”

He lamented that Nigeria’s education system, intended to be a safe environment for learning, is increasingly under threat. The abduction of 25 students and the killing of a vice-principal at Government Girls Comprehensive Secondary School in Maga, Kebbi State, underscores the fear gripping many northern communities.

He further decried that across the country, schools in Kwara, Niger, Plateau, Bauchi, Kebbi, and 41 Unity schools have closed due to insecurity, forcing children out of classrooms. UNICEF reports that 60% of out-of-school children in northern Nigeria are girls, a figure likely to rise as insecurity persists. Survivors of abductions are often subjected to sexual and domestic slavery, while perpetrators extend their threats online, amplifying fear and intimidation.

He noted that Technology-Facilitated Gender-Based Violence in Nigeria takes many forms, including cyberstalking, non-consensual sharing of intimate images, deepfakes, doxxing, sextortion, and persistent online harassment, insisting that these abuses isolate and shame women and girls, disrupting their education, work, and social participation.

A 2024 UNFPA report indicates that between 16% and 58% of women and girls worldwide experience TFGBV, with Nigeria recording over 6,000 GBV cases in the first five months of 2024 alone.

He said Tech-enabled abuse has real and tangible impacts, particularly on women and girls already marginalised by factors such as ethnicity, disability, or geography. Reports from organisations including Hivos and the Development Research and Projects Centre (dRPC) show that TFGBV intensifies trauma, suppresses voices, and perpetuates cycles of poverty.

H noted that ActionAid Nigeria, alongside women’s rights organisations, survivors, and communities across the country, calls on the Federal Government, State Governments, the National Assembly, law enforcement agencies, regulatory bodies, and international partners to urgently take the following actions:

Domesticate and implement the African Commission Resolution 522 (2023) on protection from internet-based violence; Arrest and prosecute perpetrators of school abductions to reduce insecurity in educational institutions; Establish a National Task Force on Technology-Facilitated Gender-Based Violence to coordinate prevention and response efforts; Allocate specific budget lines for the digital safety of women and girls in the 2026 appropriation; Strengthen survivor-centred reporting and justice mechanisms for both physical and online gender-based violence.

ActionAid Nigeria called on all Nigerians to recognize that the safety of women and girls is the responsibility of every individual, community, and institution, stressing that together, we must act decisively to ensure every girl can learn, live, and thrive free from fear, both online and offline.

ActionAid Laments the Use of Social Media to Silence Women and Girls in Nigeria

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