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MR. PRESIDENT; WITHHOLD ASSENT TO THE AMENDMENT OF THE CENTRAL BANK OF NIGERIA ACT

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MR. PRESIDENT; WITHHOLD ASSENT TO THE AMENDMENT OF THE CENTRAL BANK OF NIGERIA ACT

By: Michael Mike

Centre for Social Justices (CSJ) notes with regret the recent amendment to the Central Bank of Nigeria Act, increasing advances the CBN can grant to the Federal Government of Nigeria from 5 percent to 15 percent. The amendment contradicts best practices in fiscal responsibility and is an authorization of the Executive to create macroeconomic distortions through arbitrary and increased ways and means funding.

We recall that the extant S.38 of the CBN Act grants FGN access to ways and means financing in respect of temporary deficiency of budget revenue at such rate of interest as may be determined by CBN. The total amount of such advances outstanding shall not at any time exceed five per cent of the previous year’s actual revenue of FGN. All Advances made pursuant to this authority shall be repaid – (a) as soon as possible and shall in any event be repayable by the end of the Federal Government financial year in which they are granted and if such advances remain unpaid at the end of the year, the power of CBN to grant such further advances in any subsequent years shall not be exercisable, unless the outstanding advances have been repaid.

According to Senator Gobir said: “The very essence of this bill is to enable the federal government to meet its immediate and future obligation in the approval of the ways and means by the National Assembly and advances to the federal government by the Central Bank of Nigeria. This amendment is very consequential and it needs the support of us all. This is to enable the federal government to embark on very important projects that will inflate and rejig the economy.” However, the amendment is a misconceived route to meeting the needs and obligations of FGN and definitely cannot be the road to rejigging the economy. It will rather create new macroeconomic challenges.

Specifically, the following issues are noteworthy:

v If FGN has not been able to refund previous advances from the CBN at 5 percent of previous year’s revenue, what machinery did the amendment put in place to ensure that FGN will be in a position to repay 15 percent of previous years revenue by the end of its financial year?

v There is evidence that previous advances from the CBN were in excess of the 5 percent rule and instead of reforms to ensure conformity with fit and good practices, a leeway is provided for deepening fiscal mischief.

v Previous high levels of advances led the Executive to incur over N23trillion in ways and means which could not be repaid and had to be converted by the National Assembly to long term indebtedness contrary to the provisions of the CBN Act.

v S. 38 (1) of the CBN Act categorically states that such advance should be in respect to temporary deficiency of budget revenue and not as a means of funding the deficit budget as the Federal Government has resorted to in recent years. Over the years and in accordance with fit and good practices, ways and means has never been listed in the Appropriation Act as a source of funding the deficit.

v The option of resorting to ways and means to fund budgetary deficits further increases the already high inflation rate especially when done by printing money not backed by value. Thus, it erodes the value of the Naira, and real income; it reduces purchasing power of citizens.

v The amendment of the CBN Act did not follow due process; it was arbitrary and lacking in popular particpation. There was no opportunity of a public hearing and publicity, to give room for Nigerians to make inputs on this very crucial matter with potentials to negatively affect overall economic growth and general welfare of the people.

In the light of the foregoing, CSJ strongly appeals to President Bola Ahmed Tinubu to withhold assent to the bill. CSJ acknowledges the revenue challenges facing the nation but the implementation of this particular bill (if it becomes law) will create monumental macroeconomic challenges now and in the future.

Eze Onyekpere Sundayson Chidi
Lead Director Program Manager, Public Finance Management.

MR. PRESIDENT; WITHHOLD ASSENT TO THE AMENDMENT OF THE CENTRAL BANK OF NIGERIA ACT

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NIMC Intensifies Ward-Level NIN Enrolment, Urges Nigerians to Register

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NIMC Intensifies Ward-Level NIN Enrolment, Urges Nigerians to Register

By: Michael Mike

The National Identity Management Commission (NIMC) has reaffirmed its commitment to expanding Nigeria’s digital identity database as its nationwide ward-level enrolment drive for the National Identification Number (NIN) gains momentum across the federation.

The exercise, which began on February 16, 2026, is designed to bring registration services closer to the grassroots by decentralising enrolment to ward levels in all states and the Federal Capital Territory. According to the Commission, the initiative is already recording steady progress, with officials deployed to designated centres to capture new registrants.

In a statement issued on Tuesday by the spokesman of the Commission, Dr. Kayode Adegoke, NIMC underscored the critical role of the NIN in accessing essential government and financial services, describing it as the backbone of Nigeria’s identity management system. The Commission stressed that possession of the NIN remains mandatory for participation in a growing number of public and private sector services.

“The ward-level enrolment is part of our strategy to ensure inclusive identity coverage and to eliminate barriers that may prevent citizens and legal residents from registering,” the Commission said.

NIMC called on Nigerians who are yet to enrol to seize the opportunity presented by the decentralised exercise by visiting designated centres within their wards. The agency advised prospective registrants to verify the nearest enrolment locations through its official website, cooperate with enrolment officers, and provide accurate and verifiable information during the process.

To curb misinformation, the Commission urged the public to rely strictly on its verified communication channels, including its website (www.nimc.gov.ng) and official social media platforms on X (@nimc_ng), Instagram (@nimc_ng), Facebook (National Identity Management Commission – NIMC), and LinkedIn.

The agency also highlighted additional digital services available to the public. Applicants can initiate pre-enrolment through the online portal at penrol.nimc.gov.ng, while individuals seeking data corrections or updates can use the self-service modification platform at selfservicemodification.nimc.gov.ng. For secure digital verification, Nigerians were encouraged to download the NIN Authentication (NINAuth) App from the iOS App Store or Google Play Store.

NIMC further provided its customer care helpline, 0800-061-6462, for inquiries and assistance.

Reaffirming its mandate, the Commission stated that it remains focused on delivering “assured identity” to all Nigerians and legal residents, noting that a comprehensive and reliable identity database is essential for national planning, security coordination, and efficient service delivery.

NIMC Intensifies Ward-Level NIN Enrolment, Urges Nigerians to Register

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Nigeria–China Partnership Strengthens as Officials Champion Culture, Women’s Empowerment and Economic Cooperation

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Nigeria–China Partnership Strengthens as Officials Champion Culture, Women’s Empowerment and Economic Cooperation

By: Michael Mike

Nigeria and China have reaffirmed their strategic diplomatic and cultural partnership, with top government officials, diplomats and international development partners using the 2026 Chinese New Year and Lantern Festival celebration in Abuja to call for deeper collaboration in culture, education, tourism and women’s economic empowerment.

The event, held at the China Cultural Centre brought together high-level delegates from the Federal Government of Nigeria, the diplomatic corps and cultural stakeholders from China. The celebration also marked the 55th anniversary of diplomatic relations between both countries, as well as global efforts to promote people-to-people diplomacy under cultural exchange platforms.

Speaking at the event, the Ambassador of China to Nigeria, Yu Dunhai, described the Lantern Festival as a global symbol of unity, hope and renewal. He said the festival’s growing international recognition following its inscription on the UNESCO Intangible Cultural Heritage list reflects the global relevance of Chinese culture.

The ambassador, who was represented by the Cultural Counselor of Chinese Embassy and Director, Chinese Cultural Centre in Nigeria, Yang Jianxing, emphasized that cultural diplomacy remains a strong pillar of China–Nigeria relations, noting that over five decades, both nations have deepened cooperation in trade, infrastructure development, education and technology transfer.

He stressed that cultural exchange promotes mutual understanding beyond formal diplomacy. “Civilizations are enriched by exchange and mutual learning,” he said, highlighting shared cultural values such as respect for family, community cohesion and social harmony.

On his part, the Nigeria’s Permanent Secretary, Federal Ministry of Art, Culture, Tourism and Creative Economy, Dr. Mukhtar Muhammad, described the celebration as a symbolic fusion of two great civilizations and a platform for advancing gender-inclusive development.

Muhammad emphasized that combining the Women’s Carnival with the Lantern Festival was intentional, reflecting the strategic role of women in shaping cultural identity and economic progress.

He noted that women in both Nigeria and China continue to drive innovation, preserve cultural heritage and contribute significantly to national development.

“As lanterns light up the night sky, our women light the path to social and economic progress,” he said, pledging that the Federal Government would continue implementing policies aimed at expanding opportunities for women in the creative and digital economy.

He added that Nigeria would work toward improving women’s visibility in global cultural and economic spaces through stronger tourism promotion, creative industry investment and international cultural collaborations.

Representatives of the UNESCO Office in Nigeria, Dr. Jean-Paul Ngome Abiaga,

also spoke at the event, describing culture and education as powerful tools for sustainable development and international cooperation.

He emphasized that the celebration’s timing — coming just days before International Women’s Day — reinforced global commitments to gender equality.

He commended progress made in women’s empowerment in both countries, highlighting China’s achievements in expanding women’s access to higher education, entrepreneurship and technology-driven industries, noting that women now represent a significant share of university enrolment and workforce participation in China.

In Nigeria, UNESCO praised ongoing initiatives such as national women empowerment programmes and advocacy campaigns promoting girls’ education and economic inclusion. The organization reiterated that investing in women’s education and skills development remains essential to achieving long-term economic stability and social progress.

Speakers at the celebration urged both nations to translate cultural goodwill into stronger economic partnerships. They highlighted opportunities in tourism development, creative economy expansion, digital skills training and youth entrepreneurship.

Officials said cultural exchange programmes have already contributed to growing mutual appreciation of music, film, fashion and culinary traditions between both societies.

Participants noted that Nigerian and Chinese women are increasingly participating in cross-border cooperation projects, with many contributing to business, technology and community development initiatives in both countries.

Nigeria–China Partnership Strengthens as Officials Champion Culture, Women’s Empowerment and Economic Cooperation

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Gombe, UNICEF move to combat nutrition commodity theft

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Gombe, UNICEF move to combat nutrition commodity theft

The Gombe State government in collaboration with UNICEF, has inaugurated a taskforce to tackle misuse, abuse, and theft of nutrition commodities aimed at addressing malnutrition in the state.

Speaking at the inauguration on Tuesday, Deputy Governor Mr Manassah Jatau, urged taskforce members to adhere strictly to their terms of reference, stressing the importance of safeguarding the health of the population.

He explained that the taskforce’s mandate included identifying, monitoring, and sanctioning anyone diverting, hoarding, destroying, or misusing nutrition commodities intended for malnourished children and other vulnerable groups.

Jatau noted that malnutrition remained a major challenge in northern Nigeria, particularly the North West and North East zones, emphasising that protecting nutrition supplies ensured better returns on government and partner investments.

He outlined the taskforce’s responsibilities, including monthly monitoring of health facilities and storage sites, investigating diversion cases, recommending sanctions, and developing guidelines for transparency and accountability in handling nutrition commodities.

Dr Nuzhat Rafique, Chief of UNICEF Bauchi Field Office, expressed concern over the diversion of life-saving nutrition commodities to the market, depriving malnourished children of critical protection and care.

She highlighted that nutrition supplies were essential for children suffering from Severe Acute Malnutrition (SAM) and warned that the number of chronically malnourished children was increasing in the state.

Rafique urged the taskforce to diligently prevent diversion or abuse of all nutrition and medical supplies, ensuring aid reached the children who needed it most.

Chairman of the taskforce, Mr Salisu Baba-Alkali, Commissioner of Budget and Economic Planning, assured that the committee would deliver on its mandate, reflecting the government’s strong political will and commitment.

The News Agency of Nigeria (NAN) reports that the taskforce underscores Gombe State’s institutional effort to protect life-saving nutrition commodities from misuse, diversion, and theft across health facilities and storage centres.

The initiative is aimed at ensuring that the supplies reach malnourished children and other vulnerable populations as intended by the government and its development partners.

Gombe, UNICEF move to combat nutrition commodity theft

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