News

ECONOMIC STABILITY IS OUR PRIORITY IN 2024 AGENDA – VP SHETTIMA

Published

2 years ago

September 29, 2023

Ochuwa Ibrahim

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

News

Fadile Pays Tribute to Late CJN Mohammed Uwais, Describes Him as “My Father in the Judiciary.”

Published

10 hours ago

June 7, 2025

Ochuwa Ibrahim

Fadile Pays Tribute to Late CJN Mohammed Uwais, Describes Him as “My Father in the Judiciary.”

By: Michael Mike

The first military-trained lawyer with a PhD in International Law in Nigeria, Col. Bello Fadile (rtd), has mourned the passing of a stalwart, Justice Mohammed Lawal Uwais GCON, former Chief Justice of Nigeria (CJN), who passed on at the age of 89.

Fadile, a prominent figure and author, paid a heartfelt tribute yesterday to the late jurist, describing him as “My Father in the Judiciary.”

Fadile recounted the remarkable story of how Justice Uwais, then CJN, intervened on his behalf during his detention in 1995, braving the military regime to ensure his release.

The Nigerian Army’s first lawyer tribute highlighted Justice Uwais’s unwavering commitment to justice, humility, and integrity. He quoted Uwais’s powerful statement: “A corrupt judge is more harmful to society than a man who runs amok with a dagger in a crowded street.”

Part of the statement read: “At the ripe age of 89, he left us in this sinful world as Allah SWT willed. We accept the vadict as appeal lies nowhere. To we the immediate families, we pray to Allah SWT to give us the fortitude to carry on relying on the principles he lived on and left for us which are:- humility, impartiality, humane, love, detribalised, uprightness and fear of Almighty Allah SWT.

“And to the Nigerian judiciary which he dedicated his life to, i urge you all to follow his footsteps, which he captured brilliantly;
‘ A corrupt judge is more harmful to the society than a man who runs amok with a dagger in a crowded street. The latter can be restrained physically. But a corrupt judge deliberately destroys the moral foundation of society and causes incalculable distress to individuals through abusing his office while still being referred to as Honorable “

“ As captured in my book, Lives: The Bello Fadile Memoirs, I shall forever be grateful to MyLord, the Justice Mohammed Lawal Uwais GCON for the risk he took when I was arrested for the alleged fathom coup in 1995.”

Fadile who is the founder and chair of the Council for African Security Affairs, recounted how he was “detained near his house and I sent at note to him as the then CJN, without hesitation or fear of the military, his life or his job, he acted on my request and reached out Late Honorable Justice Karibi-Whyte and together they raised my detention with the Head of Military Government. And of course, they became my link to the Head of State, going and coming back with messages. What man with a lion heart.”

“On my release in March 1999. MyLord traveled from Abuja to Kaduna to see me. He came with clothes, bundles of sheda, and thousands of cash. That was my Father in the Judiciary for you. I was able to see him after 10 years in November 2024, and now he is no more.,” he added.

Fadile noted that late Justice Uwais’s legacy serves as a shining example for the Nigerian judiciary.

According to him, Justice Uwais’s remarkable life and contributions to Nigeria’s judiciary will be remembered for generations to come, adding that “his courage, integrity, and dedication to justice have left an indelible mark on the nation’s legal landscape”.

Fadile Pays Tribute to Late CJN Mohammed Uwais, Describes Him as “My Father in the Judiciary.”

News

Alau Dam: Zulum, Shehu of Borno Plead with FG to Expedite Rehabilitation Work.

Published

10 hours ago

June 7, 2025

Ochuwa Ibrahim

Alau Dam: Zulum, Shehu of Borno Plead with FG to Expedite Rehabilitation Work.

By: Our Reporter

Borno State Governor, Professor Babagana Umara Zulum, has called on the Federal Government to accelerate the rehabilitation and expansion of the Alau Dam to avert a repeat of last year’s devastating flood disaster.

Maiduguri and surrounding local government areas experienced their worst flooding in decades following the collapse of the Alau Dam in 2024. In response, the Federal Government approved N80 billion for the dam’s reconstruction and expansion, with a groundbreaking ceremony held in March 2025 to mark the commencement of the project.

Governor Zulum while responding to a request by the Shehu of Borno, Dr. Abubakar Ibn Umar Garbai El-Kanemi, on the need to fast tract the project, during the traditional Sallah homage at the Government House in Maiduguri. The Governor expressed concern over the slow pace of work, warning that the rainy season has already begun.

“After the groundbreaking ceremony for the reconstruction and expansion of the dam, which we all attended, the truth is that the work is not progressing as expected,” Governor Zulum stated.

“The last time I visited the President, I informed him about the true state of the project, and I assure you that I will not relent. I will continue to follow up, and I have also notified the Vice President as well. In the meantime, the Secretary to the State Government (SSG) has constituted a committee to provide immediate intervention at the dam.”.

The governor pledged to connect all local government headquarters to the national grid before the end of his tenure. He also promised massive road rehabilitation once the Pulka quarry plant is completed.

“These are two critical issues dear to me, he said. I assure Your Royal Highness that all local government headquarters will be connected to electricity before my tenure expires, Insha Allah. Regarding road infrastructure, insecurity has been a major challenge, but we remain committed. We have procured 40 brand-new Howo tipper trucks, and once the Pulka quarry plant is completed, we will embark on extensive road rehabilitation across the state.”

Governor Zulum thanked the people of Borno for their continued support and cooperation to his administration.

Earlier, the Shehu of Borno, Dr. Abubakar ibn Umar Garbai El-Kanemi said the sallah homage has been part of the tradition during every festive season, acknowledging the unprecedented transformation the Zulum’s administration is executing across the state.

He emphasised the importance of expediting the Alau Dam project, noting that the first phase should have been completed by now. He referenced the recent flooding in Mokwa, Niger State, as a warning of what could recur in Borno if swift action is not taken.

“We witnessed the catastrophic flooding in Maiduguri on 10th September 2024, and we do not want a repeat, the Shehu said. The Federal Government must act immediately.”.

The royal father also urged the Governor to follow up with the Federal Government on oil exploration in Tuba, road rehabilitation, and electricity connectivity for local government areas.

During the event, Governor Zulum also received delegations from the University of Maiduguri, Kashim Ibrahim University, the University of Maiduguri Teaching Hospital, Kashim Ibrahim University Teaching Hospital, Federal Neuro-Psychiatric Hospital, and Federal Orthopaedic Hospital, Azare, who paid similar homage.

Alau Dam: Zulum, Shehu of Borno Plead with FG to Expedite Rehabilitation Work.

News

Flooding: Zulum, Shehu of Borno Plead with FG to Expedite Rehabilitation Work on Alau Dam

Published

10 hours ago

June 7, 2025

Ochuwa Ibrahim

Flooding: Zulum, Shehu of Borno Plead with FG to Expedite Rehabilitation Work on Alau Dam

By: Michael Mike

Borno State Governor, Professor Babagana Zulum has called on the Federal Government to accelerate the rehabilitation and expansion of the Alau Dam to avert a repeat of last year’s devastating flood which nearly submerged Maiduguri and environs.

Zulum, while responding to a request by the Shehu of Borno, Dr. Abubakar Ibn Umar Garbai El-Kanemi, on the need to fast tract the project, during the traditional Sallah homage at the Government House in Maiduguri, the governor expressed concern over the slow pace of work, warning that the rainy season has already begun.

He said: “After the groundbreaking ceremony for the reconstruction and expansion of the dam, which we all attended, the truth is that the work is not progressing as expected.

Meanwhile, the governor has pledged to connect all local government headquarters in the state to the national grid before the end of his tenure. He also promised massive road rehabilitation once the Pulka quarry plant is completed.

He said: “These are two critical issues dear to me, I assure Your Royal Highness that all local government headquarters will be connected to electricity before my tenure expires, Insha Allah. Regarding road infrastructure, insecurity has been a major challenge, but we remain committed. We have procured 40 brand-new Howo tipper trucks, and once the Pulka quarry plant is completed, we will embark on extensive road rehabilitation across the state.”

Zulum thanked the people of Borno for their continued support and cooperation to his administration.

Earlier, the Shehu of Borno said the sallah homage has been part of the tradition during every festive season, acknowledging the unprecedented transformation the Zulum’s administration has extended to all parts of the state.

He reiterated the importance of expediting the Alau Dam project, noting that the first phase should have been completed by now.

He referenced the recent flooding in Mokwa, Niger State, as a warning of what could recur in Borno if swift action is not taken.

The paramount ruler said: “We witnessed the catastrophic flooding in Maiduguri on 10th September 2024, and we do not want a repeat.. The Federal Government must act immediately.”.

The royal father also urged the Governor to follow up with the Federal Government on oil exploration in Tuba, road rehabilitation, and electricity connectivity for local government areas.

Flooding: Zulum, Shehu of Borno Plead with FG to Expedite Rehabilitation Work on Alau Dam