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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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Senegal President sacks Prime Minister Sonko, dissolves government amid growing tensions

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Senegal President sacks Prime Minister Sonko, dissolves government amid growing tensions

By: Zagazola Makama

Senegalese President Bassirou Diomaye Faye has dismissed Prime Minister Ousmane Sonko and dissolved the country’s government following months of growing political tensions between the two leaders.

The decision was announced late Friday through a presidential decree broadcast on state television.

According to the decree read by a presidential aide, President Faye “ended the duties of Ousmane Sonko and consequently those of the ministers and secretaries of state who are members of the government.”

No immediate replacement for Sonko was announced as of the time of filing this report.

The dismissal followed a parliamentary session earlier in the week during which Sonko openly criticised President Faye, further exposing divisions within the ruling political establishment.

Political observers said relations between the two leaders had deteriorated in recent months over issues relating to party leadership, governance direction and the management of state affairs.

Analysts noted that the development could introduce fresh political uncertainty in Senegal at a time the country is facing mounting economic pressures, including rising public debt and broader fiscal challenges.

The dissolution of the government is expected to trigger consultations within the ruling coalition ahead of the appointment of a new prime minister and cabinet.

Senegal has long been regarded as one of West Africa’s more stable democracies, but recent political tensions have continued to attract regional and international attention.

Senegal President sacks Prime Minister Sonko, dissolves government amid growing tensions

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Why the Diomaye–Sonko Split Became Almost Inevitable Amid Senegal’s Power Struggle

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Why the Diomaye–Sonko Split Became Almost Inevitable Amid Senegal’s Power Struggle

By: Zagazola Makama

The dismissal of Senegalese Prime Minister Ousmane Sonko by President Bassirou Diomaye Faye marks the culmination of a political rupture that many observers had long considered unavoidable.

What once appeared to be one of the strongest political alliances in contemporary Senegalese politics gradually evolved into a tense rivalry shaped less by ideology than by competing ambitions, institutional contradictions and the struggle for control of executive authority.

For months, tensions within the ruling camp had become increasingly visible. Though both men emerged from the same political movement and jointly embodied the rise of the PASTEF coalition against former President Macky Sall, the coexistence between a highly charismatic political mentor and a constitutionally empowered head of state proved difficult to sustain.

The crisis is anchored in a fundamental institutional reality:Senegal’s constitutional system ultimately concentrates executive legitimacy in the presidency.

While the Prime Minister exercises substantial governmental authority, the President remains the central pillar of executive power, deriving legitimacy directly from universal suffrage and serving as the supreme authority of the state.

Sources say that the conflict emerged because Sonko increasingly projected himself not merely as head of government, but as an alternative center of political gravity within the state apparatus.

Public speeches, political positioning and repeated demonstrations of personal influence created the perception that two competing executives were operating simultaneously within the same administration.

In highly presidential systems, such arrangements rarely survive for long.

Political theorists have often observed that leaders who attain supreme office tend to resist the emergence of rival figures whose popularity, influence or visibility may overshadow their own authority. The situation in Senegal increasingly reflected that classic tension between institutional legitimacy and political charisma.

Sonko’s political trajectory has long been built around a populist and confrontational style that resonated strongly with segments of Senegalese youth and anti-establishment voters. His appeal stemmed from a mixture of direct rhetoric, anti-system positioning, nationalist discourse and his ability to embody political resistance during years of confrontation with the former administration.

However, the same qualities that fueled his rise may also have contributed to his political isolation. Sourcds note that charismatic populist figures often struggle to adapt from opposition politics to the discipline and compromise required in governance. A political strategy built around constant confrontation can become difficult to reconcile with the institutional restraints of executive power-sharing.

Over time, Sonko appeared increasingly convinced that he remained the true engine behind the ruling coalition’s legitimacy and electoral success. That perception may have encouraged attempts to expand his political influence beyond the traditional boundaries of the prime ministerial office.

For President Diomaye Faye, allowing such an imbalance to persist carried political risks.

The removal of Sonko ultimately reaffirmed a basic constitutional principle, regardless of personal popularity, a Prime Minister remains subordinate to presidential authority in Senegal’s current institutional framework.

By dismissing his Prime Minister, Diomaye signaled that he intended to fully exercise the powers attached to the presidency rather than govern under the shadow of a more dominant political personality.

The decision may also represent an attempt to consolidate state authority, reassure institutional actors and prevent the emergence of dual centers of power capable of paralysing governance. Yet the move is not without danger.

Sonko still commands significant grassroots support and retains strong influence within sections of PASTEF and among politically mobilized youth constituencies. His removal could deepen divisions inside the ruling coalition and potentially reshape Senegal’s political landscape ahead of future elections.

One of the major questions now facing Senegalese politics is whether PASTEF can survive the split without suffering a major internal fracture. Political history across Africa shows that when alliances forged in opposition reach power, tensions often emerge over authority, succession and control of state institutions.

Some party officials and elected representatives may rally behind the President, who controls the state apparatus and constitutional legitimacy. Others may remain loyal to Sonko due to his personal popularity and historical role in the movement’s rise.

The outcome of that struggle could determine whether Senegal experiences a relatively stable political recomposition or enters a prolonged period of institutional tension.

Another key factor will be public sentiment. During years of opposition politics, confrontation and political mobilisation energized large sections of the electorate. However, governing presents different expectations. Many Senegalese citizens now appear increasingly concerned with economic management, institutional stability, governance reforms and social calm rather than perpetual political conflict.

That shift may strengthen Diomaye’s position if he succeeds in presenting himself as a stabilizing statesman capable of governing above partisan rivalries. At the same time, any perception that Sonko has been politically sidelined or unfairly neutralized could trigger renewed political mobilisation among his supporters.

The crisis illustrates a recurring lesson in political systems across the world. Conquering power together is often easier than sharing it afterward. The Diomaye–Sonko alliance was extraordinarily effective as an opposition force united against a common adversary. But once in office, the unresolved question of who truly embodied executive authority became increasingly difficult to avoid.

What began as political complementarity gradually transformed into institutional competition.

The final outcome remains uncertain. Diomaye may emerge stronger by consolidating presidential authority, or Sonko could retain enough political capital to remain a major force capable of reshaping Senegal’s future political balance.

Either way, the rupture marks a turning point in Senegalese politics and may redefine the future trajectory of one of West Africa’s most closely watched democracies.

Why the Diomaye–Sonko Split Became Almost Inevitable Amid Senegal’s Power Struggle

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Beyond the Frontline: Ashlee Momoh Foundation Restores Hope to Widows of Fallen Heroes

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Beyond the Frontline: Ashlee Momoh Foundation Restores Hope to Widows of Fallen Heroes

By Comrade Philip Ikodor

KADUNA – When a soldier falls in the line of duty, the echoes of the final salute eventually fade, but for the families left behind, a silent and grueling battle begins. While these brave men defended the nation’s sovereignty with courage, their widows are often left to navigate a minefield of poverty, trauma, and social isolation.

In a decisive move to address these challenges, the Ashlee Momoh Foundation (AMF) held a special outreach event at the Golden Orange Gate Hotel in Kaduna State on Thursday, May 21, 2026. The initiative sought to provide a lifeline to the families of departed heroes, framed not as charity, but as a profound national debt of gratitude.

The Chairperson and CEO of the Foundation, Princess Ashlee Momoh, emphasized that the AMF remains committed to ensuring no widow walks alone. She noted that the sacrifice of a soldier continues in the quiet hallways of homes where wives suddenly become sole providers.

“Many military widows face a daunting reality: sudden loss of income, housing insecurity, and a lack of access to specialized mental health support,” Princess Momoh stated. “Unless intentional interventions are made, these families remain trapped in a cycle of hardship that dishonors the legacy of the departed. Your story does not end in sorrow; it continues in purpose.”

Princess Momoh outlined the Foundation’s three strategic pillars designed to bridge the gap between loss and self-sufficiency:

Economic Independence: Providing small business grants, financial literacy, and vocational skills to restore dignity and autonomy.

Securing the Future: Offering scholarships and tuition assistance so that children do not pay for their fathers’ patriotism with their education. Emotional Fortitude: Establishing counseling and wellness groups to ensure widows are seen, heard, and sustained.

The Chairperson called for a “whole-of-society” approach, urging the government, private sector, and philanthropic organizations to join in collective action. While government intervention is pivotal, she noted that partnerships are essential to scaling the impact of these programs.

The event featured the distribution of empowerment gift items and the announcement of new scholarship awards. Prominent guests, partners and volunteers in attendance included Special Guests of Honor, Air Commodore Chris Dola (Rtd), PhD, and General Brown Yakubu (Rtd), CEO of Golden Orange Gate Hotel, both of whom delivered goodwill messages and also contributed immensely in support of the Foundation’s mission.

Beyond the Frontline: Ashlee Momoh Foundation Restores Hope to Widows of Fallen Heroes

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