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Fiscal Storm: ActionAid Slams ₦34trn Revenue Deductions, Calls for Transparency

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Fiscal Storm: ActionAid Slams ₦34trn Revenue Deductions, Calls for Transparency

By: Michael Mike

ActionAid Nigeria has called for an urgent forensic audit of Nigeria’s revenue management system following revelations that more than ₦34 trillion was deducted from federal earnings before allocation to the three tiers of government.

The organisation said the scale of the deductions—accounting for over 40 per cent of federal revenue in recent years—points to systemic weaknesses in public financial management and poses a serious threat to fiscal stability and development financing.

In a statement issued on Thursday, ActionAid said findings by the World Bank confirmed that a significant portion of government income is being absorbed through pre-distribution charges, including cost-of-collection frameworks and agency remittances, with limited transparency on their composition and utilisation.

“These findings reinforce long-standing concerns about Nigeria’s widening fiscal constraints and rising debt burden,” the group said. “The persistence of large-scale revenue leakages represents both a governance failure and a missed opportunity to strengthen fiscal stability.”

According to the organisation, the deductions—estimated at more than ₦34 trillion—have continued to rise alongside government revenues, leaving federal, state, and local governments with significantly reduced resources to fund public services.

ActionAid warned that the trend is worsening Nigeria’s reliance on borrowing, citing projections by the International Monetary Fund that the country’s debt-to-GDP ratio could climb to 33.1 per cent by 2027.

“The widening gap between gross revenue and distributable income is constraining development financing and increasing dependence on debt,” the statement added.

The group expressed particular concern over what it described as “opaque and fragmented” revenue channels, noting that substantial portions of national income pass through multiple layers before reaching the Federation Account.

It said the lack of public disclosure around these deductions—including their justification, structure, and end-use—raises critical accountability questions.

“There is limited transparency on how these funds are managed,” the organisation stated. “This opacity weakens fiscal oversight and undermines public trust in governance.”

ActionAid also pointed to broader implications for national development, warning that reduced public revenue is limiting government capacity to invest in essential sectors such as healthcare, education, security, and social protection.

The Country Director of ActionAid Nigeria, Andrew Mamedu, said the consequences are already being felt by millions of Nigerians.

“For citizens grappling with rising inflation, declining purchasing power, and economic hardship, the continued reduction in available public resources means fewer investments in essential services,” he said.

He added that weakening fiscal capacity is also exacerbating insecurity, as economic pressures fuel crime, displacement, and social instability.

“At a time when livelihoods are becoming more fragile, the erosion of public revenue further limits the government’s ability to respond effectively to these challenges,” Mamedu said.

The organisation further criticised the lack of transparency surrounding major public expenditures, citing concerns over projects such as the Nigeria Revenue Service building, where cost details and procurement processes have not been publicly disclosed.

“Citizens have a right to know how public funds are utilised,” the group said, stressing that accountability must extend beyond revenue collection to expenditure.

ActionAid warned that without urgent reforms, Nigeria risks entrenching a system where public resources are consistently depleted before they can deliver meaningful impact.

“The continued expansion of unchecked deductions poses a direct threat to equitable development, fiscal stability, and public trust,” it said.

To address the issue, the organisation called on the Federal Government to undertake a comprehensive and transparent review of all revenue deduction frameworks, with a view to ensuring accountability and efficiency.

It also demanded the immediate publication of detailed breakdowns of all deductions, strengthened independent oversight of revenue-generating agencies, and reforms to eliminate systemic leakages.

In addition, ActionAid urged the National Assembly to intensify its oversight role through public hearings and scrutiny of deduction structures, while calling on state governments, civil society, and the media to increase pressure for transparency.

“An independent forensic audit of all deduction mechanisms is critical to restoring public confidence,” the organisation said.

ActionAid added that Nigeria’s development trajectory depends not only on revenue generation but on how effectively public resources are managed and deployed.

“This is not just a fiscal issue; it is a matter of justice,” Mamedu said. “Every naira that fails to reach essential services denies Nigerians access to healthcare, education, and dignity.”

Fiscal Storm: ActionAid Slams ₦34trn Revenue Deductions, Calls for Transparency

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EU Releases €225,000 Humanitarian Aid for Conflict-Displaced Persons in Kebbi

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EU Releases €225,000 Humanitarian Aid for Conflict-Displaced Persons in Kebbi

By: Michael Mike

The European Union (EU) has released €225,000, equivalent to about N340 million, in humanitarian assistance to support communities displaced by conflict in Kebbi State.

The intervention, announced on Wednesday, will enable the Nigerian Red Cross to provide emergency assistance to conflict-displaced persons in the state over a six-month period.

The assistance comes amid worsening insecurity in Kebbi, where armed attacks and communal violence across seven Local Government Areas have displaced thousands of residents and left affected communities in urgent need of humanitarian support.

According to the EU, the funding will prioritise multipurpose cash assistance, allowing displaced families to meet their most immediate needs, while protection services will be provided for vulnerable individuals.

The response is expected to reach approximately 7,700 conflict-displaced people living in settlements and host communities across the state.

The EU said particular attention would be given to female-headed households, persons with disabilities, elderly people and individuals facing acute protection risks.

The intervention will also include continuous monitoring of population movements and the mobilisation of local volunteers, with the EU saying the effort would help lay the groundwork for longer-term recovery interventions by other humanitarian actors.

The latest intervention is part of the EU’s contribution to the Disaster Response Emergency Fund (DREF) of the International Federation of Red Cross and Red Crescent Societies (IFRC).

The EU said insecurity in Kebbi State had deteriorated significantly following an escalation of armed attacks and communal violence.

While displacement had been ongoing since mid-August, it said a sharp escalation in violence around August 31 triggered the humanitarian response.

The violence has reportedly affected more than 16,600 people across the state, including 7,706 people who have been displaced and 108 others who sustained injuries.

The EU said the affected population was confronting a complex security environment characterised by organised banditry, armed group activity and communal violence.

It added that displaced families living in temporary settlements and host communities were in urgent need of shelter, food, clean water, healthcare and protection.

The humanitarian funding is being channelled through the IFRC’s DREF, a mechanism established to provide immediate financial support to National Red Cross and Red Crescent Societies responding to disasters and other emergencies.

The EU said the intervention reflected its broader commitment to humanitarian assistance for populations affected by conflicts and disasters.

Through its Civil Protection and Humanitarian Aid department, the bloc provides emergency assistance to vulnerable populations affected by natural disasters and man-made crises around the world.

The European Commission has also signed a €16 million humanitarian delegation agreement with the IFRC to support the Federation’s DREF.

Established in 1979, the DREF is funded through contributions from donors and provides National Red Cross and Red Crescent Societies with rapid access to emergency financing.

For smaller-scale disasters, the IFRC allocates grants from the fund, which can subsequently be replenished through donor contributions.

EU Releases €225,000 Humanitarian Aid for Conflict-Displaced Persons in Kebbi

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N101m defamation judgment debt: A/Court begins hearing SERAP’s appeal Friday

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N101m defamation judgment debt: A/Court begins hearing SERAP’s appeal Friday

The Court of Appeal in Abuja has scheduled hearing for Friday in the appeal filed by the Incorporated Trustees of the Socio-economic Rights and Accountability Project (SERAP) in relation to the May 5 judgment given against the group by a High Court of the Federal Capital Territory (FCT).

Information about the planned hearing date is contained in a notice sent on Wednesday by the appellate court’s Registry to parties in the appeal marked: CA/ABJ/CV/1114/2026.

Justice Halilu Yusuf of the High Court of the FCT had, in the May 5 judgment, awarded N101million in damages and cost against SERAP and its Deputy Director, Kolawole Oluwadare upon holding that they defamed two officials of the Department of State Services (DSS) through a false publication it made on September 10, 2024.

The judgment was on the suit marked: CV/4547/2024 filed by the DSS officials – Sarah John and Gabriel Ogundele – who accused SERAP and Oluwadare of making false claims in publications on the group’s website and social media platforms that the claimants invaded their Abuja office on September 9, 2024 and subjected them to harassment.

Justice Halilu Yusuf held among others that claimants led sufficient evidence that effectively established all the ingredients of defamation.

Justice Yusuf rejected that defence of justification raised by SERAP and Oluwadare on the grounds that they failed to provide evidence that their publications were not based on falsehood.

The judge noted that the words like invasion, forceful entry and harassment were used inaccurately, the defendants having admitted at trial that the DSS officials did not forcefully enter into SERAP’s premises and did not brandish any weapon

He held that the publications made by the defendants injured the reputation of the claimants in their professional capacity and standing in the society.

Justice Yusuf said: “Having been unable to establish invasion and harassment, the defence of justification fails. There is no doubt that the publication affected the claimants mentally and psychologically.”

The judge said, going forward, it was necessary for care and due diligence on the part of SERAP and its officials before releasing information to the public.

He added that in the exercise of their right to tweet and send information out, the defendants should be aware of the rights of others, particularly as it relates to government agencies and their officials.

The judge dismissed the objection raised by the defendants against the competence of the suit and held that the claimants possessed the requisite locus standi to file the suit over which the court has the jurisdiction to entertain.

He held that as against the defendants’ argument, the claimants must not be named in the publication complained about for defamation to be established.

Justice Yusuf noted that from when the claimants complained about the inaccuracy of the publications, the defendants failed to take any steps to pull down the injurious publication.

He proceeded to adjudge the publications as defamatory and awarded damages of N100million against the defendants in addition to N1m as cost of prosecuting the suit.

The judge also ordered the defendants to publish a public apology on SERAP’s website, X handle, two national daily newspapers and two television stations.

He held that the judgment sum shall attract 10 percent interest per annum from the date of the judgment until the sum is fully paid by the defendants.

N101m defamation judgment debt: A/Court begins hearing SERAP’s appeal Friday

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NCYP Backs Tinubu’s 2027 Bid, Says Economic Reforms Must Translate Into Jobs

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NCYP Backs Tinubu’s 2027 Bid, Says Economic Reforms Must Translate Into Jobs

By: Michael Mike

The Northern Christian Youth Professionals (NCYP) has thrown its weight behind President Bola Ahmed Tinubu’s re-election bid in 2027, arguing that continuity in economic policy is necessary to consolidate ongoing reforms and translate Nigeria’s improving macroeconomic performance into jobs, investment and higher living standards.

The group’s position came as the World Bank reported that economic growth in sub-Saharan Africa is gaining momentum, with Nigeria among the countries whose growth forecasts have been upgraded, while warning that the next challenge is to convert growth into more jobs and better opportunities.

In a statement signed by its National Chairman, Isaac Abrak, on Tuesday, NCYP said Nigeria had reached a critical stage in its economic reform journey where the emphasis should shift from stabilisation to inclusive prosperity.

The group was reacting to President Tinubu’s Independence Day address on October 1, in which the President declared: “The emergency treatment is over. The foundation has been repaired,” and said the government’s economic priority had moved from correcting the country’s economic course to achieving “shared and widespread prosperity.”

According to NCYP, the latest World Bank assessment reinforces the argument that Nigeria must sustain the reforms rather than reverse course.

The World Bank said on October 6 that growth in sub-Saharan Africa was being supported by improved macroeconomic resilience, stronger domestic demand and investment, while noting that years of reforms and improved economic management had contributed to improved forecasts for countries including Nigeria. It nevertheless warned that growth remained insufficient to substantially reduce extreme poverty or create enough jobs for the region’s rapidly expanding labour force.

The World Bank’s latest country assessment similarly said Nigeria’s macroeconomic performance had improved further in 2026, with real GDP growth of 4.2 per cent in the first half of the year, compared with 3.9 per cent a year earlier.

It, however, cautioned that growth was still insufficient to generate enough productive jobs and materially reduce poverty, stressing the need for greater private investment, productivity, human capital development and job creation.

NCYP said this was precisely the challenge facing the Tinubu administration in the next phase of its economic programme.

“Nigeria must now move from reform to prosperity, from growth to jobs, and from jobs to poverty reduction,” the group said.
It noted that the country’s real GDP grew by 4.43 per cent in the second quarter of 2026, compared with 3.89 per cent in the first quarter, citing the National Bureau of Statistics’ latest GDP report. The NBS has published its Q2 2026 GDP report dated August 31, 2026.

While describing the improving growth trajectory as encouraging, NCYP maintained that headline economic figures would only become meaningful when ordinary Nigerians experienced improvements in employment, income and living conditions.

The group said youth development should therefore remain central to the next phase of the economic programme, particularly given Nigeria’s large young population.
It cited the Nigeria Education Loan Fund (NELFUND), saying more than 1.1 million students had gained access to tertiary education financing.

NELFUND’s current data shows that more than 1.08 million students have been supported across 37 states, with over ₦191 billion in loans disbursed, while its broader student-loan platform records more than 1.4 million registered students.
NCYP also backed proposed reforms to the National Youth Service Corps, saying a more productive national service scheme could equip graduates with specialised skills in agriculture, medicine, education, technology, digital innovation, infrastructure, the green economy, enterprise and the creative sector.

The organisation argued that Nigeria’s youthful population should be treated as an economic asset rather than merely a demographic challenge.

“With education, skills, financing and the right economic environment, our young people can become entrepreneurs, skilled professionals, job creators and drivers of industrialisation,” it said.

The group outlined what it described as the economic pathway to prosperity: reforms should create stability; stability should encourage investment; education and skills should create opportunities; enterprise should create businesses and jobs; while industrialisation should deliver sustainable prosperity.

It said the agenda was particularly important for Northern Nigeria, where it called for an economy capable of converting skills into enterprise, enterprise into jobs and jobs into sustainable livelihoods.

The World Bank has similarly identified the creation of more and better private-sector jobs as central to Nigeria’s long-term prosperity, with its 2026–2032 Country Partnership Framework focusing on competitiveness, private capital, human capital and resilience.

The Bank has also acknowledged that Nigeria’s recent reforms have strengthened macroeconomic stability, but warned that household incomes have not fully recovered and poverty remains high. It has called for the stabilisation gains to be consolidated while accelerating inclusive growth.

Against this backdrop, NCYP said it had decided to support President Tinubu’s re-election in 2027, framing the decision around continuity of economic policy.

“It is against this background that NCYP supports the re-election of President Bola Ahmed Tinubu in 2027, with our position anchored on policy continuity and the need to consolidate the economic reforms while moving decisively into the next phase of job creation, human-capital development and industrialisation,” Abrak said.

NCYP Backs Tinubu’s 2027 Bid, Says Economic Reforms Must Translate Into Jobs

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