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MR. PRESIDENT; WITHHOLD ASSENT TO THE AMENDMENT OF THE CENTRAL BANK OF NIGERIA ACT
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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Lake Chad Basin Commission appoints Amb. Ibrahim Babani as Executive Secretary
Lake Chad Basin Commission appoints Amb. Ibrahim Babani as Executive Secretary
By: Zagazola Makama
The designation of Amb. Ibrahim Babani as the new Executive Secretary of the Lake Chad Basin Commission (LCBC) has sparked fresh expectations for stronger regional cooperation, environmental recovery and security stabilisation across the Lake Chad region.
Babani’s appointment was announced at the 71st Ordinary Session of the Council of Ministers of the LCBC, held on March 6, 2026, in N’Djamena, Chad, where ministers and commissioners from member states deliberated on strategies to address the region’s pressing challenges.
The meeting, chaired by Mr Passale Kanabe Marcelin, Chad’s Minister of Water and Energy Resources and current Chairman of the LCBC Council of Ministers, brought together representatives of the commission’s member states, including Nigeria, Niger, Cameroon, Chad and the Central African Republic.
Nigeria was represented by Prof. Joseph Terlumun Utsev, Minister of Water Resources and Sanitation and First Commissioner of Nigeria to the LCBC, alongside Mrs Bianca Ojukwu, Minister of State for Foreign Affairs and Second Commissioner.
The Lake Chad Basin Commission remains one of Africa’s most important regional bodies, responsible for coordinating water resource management, environmental restoration and socio-economic development among countries sharing the Lake Chad Basin.
The basin supports more than 40 million people across the five member states, whose livelihoods depend largely on fishing, farming and pastoral activities linked to the shrinking lake.
Over the past decades, however, the region has faced severe environmental degradation, climate change impacts and the devastating effects of the ISWAP/Boko Haram insurgency, which has displaced millions and disrupted economic activities. These complex challenges have made the role of the LCBC increasingly strategic in driving recovery, stabilisation and resilience across the basin.
Stakeholders believe Babani’s emergence as Executive Secretary comes at a critical time when the commission is intensifying efforts to implement several large-scale regional programmes.
These include the Regional Strategy for Stabilisation, Recovery and Resilience (RS-SRR) for areas affected by Boko Haram violence, as well as projects aimed at ecological restoration and socio-economic reintegration of vulnerable populations.
During the meeting, commissioners reviewed progress in implementing the strategy and emphasised the need to accelerate key initiatives, including the development of a regional transitional justice policy and improved coordination of stabilisation interventions.
They also recommended the organisation of the sixth edition of the Governors’ Forum in Niger, alongside meetings of traditional rulers and civil society organisations to strengthen community-based recovery efforts.
Prior to his appointment, the incoming Executive Secretary of the LCBC, Amb. Ibrahim Babani, served as Director of External Affairs (DEA) at the Office of the National Security Adviser (ONSA) and also doubles as Head of Mission (HoM) of the Multinational Joint Task Force (MNJTF), bringing extensive security and diplomatic experience to his new role.
Babani’s leadership will therefore be critical in coordinating these initiatives and ensuring that they translate into tangible benefits for affected communities. Another priority expected to dominate Babani’s tenure is the restoration of the Lake Chad ecosystem, which has shrunk drastically over the past half century due to climate change, drought and unsustainable water use.
At the session, commissioners reviewed progress on the Inter-Basin Water Transfer Project, a major initiative designed to replenish the lake by transferring water from other basins.
The Council of Ministers commended the LCBC Executive Secretariat for successfully mobilising funding from the African Development Bank for the project and urged faster implementation of technical support programmes aimed at restoring the lake’s ecological and economic functions. Environmental experts believe that restoring the lake is crucial for reducing poverty, preventing conflicts over natural resources and addressing some of the root causes of insecurity in the region.
The Ministers also reviewed progress on the Lake Chad Region Recovery and Development Project (PROLAC) and encouraged continued engagement with the World Bank to secure financing for a second phase of the initiative.
Similarly, they called for further advocacy with the African Development Bank to support the second phase of the Project to Support the Socio-Economic Reintegration of Vulnerable Groups in the Lake Chad Basin (PARSEBALT).
Both initiatives focus on rebuilding infrastructure, supporting livelihoods and reintegrating vulnerable groups affected by years of insurgency and displacement. These programmes complement military efforts against extremist groups by addressing the social and economic conditions that fuel instability.
Despite its strategic importance, the LCBC continues to face financial constraints that could hamper implementation of its programmes.
During the session, commissioners raised concerns about the accumulation of unpaid contributions by member states and urged governments to settle their arrears and ensure regular payment of statutory dues.
They also mandated the chairman of the Council of Ministers to escalate the issue to the highest political authorities within member states to guarantee sustainable funding for the commission’s activities.
The council approved the commission’s 2026 Annual Work Plan and Budget, estimated at 15.13 billion CFA francs, with over 12.63 billion CFA francs allocated to development programmes and 2.50 billion CFA francs for operational costs.
The meeting also adopted key annexes to the Lake Chad Basin Water Charter, including frameworks governing the management of water infrastructure and procedures for notification of planned measures affecting shared water resources.
Commissioners further endorsed a Five-Year Investment Plan and directed the Executive Secretariat to organise a donors’ roundtable to mobilise international support.
Babani’s leadership comes at a time when the Lake Chad region is at a crossroads. While military operations have significantly weakened insurgent groups in recent years, millions of people still face humanitarian challenges, environmental degradation and fragile livelihoods.
The effectiveness of the LCBC in coordinating development, environmental restoration and stabilisation initiatives could determine whether the region moves toward lasting peace and prosperity.
The Council of Ministers concluded the meeting by expressing appreciation to development partners for their continued support and announcing that the next budgetary session will be held in Bangui, Central African Republic.
For many stakeholders in the Lake Chad Basin, the appointment of Babani represents not only a change in leadership but also a renewed opportunity to accelerate recovery, strengthen regional cooperation and secure the future of one of Africa’s most vital ecosystems.
Zagazola is a Counter Insurgency Expert and Security Analyst in the Lake Chad regional
Lake Chad Basin Commission appoints Amb. Ibrahim Babani as Executive Secretary
News
ECOWAS Court Raises Alarm Over Gender Violence, Low Compliance With Judgments
ECOWAS Court Raises Alarm Over Gender Violence, Low Compliance With Judgments
By: Michael Mike
The President of the ECOWAS Court of Justice, Claudio Monteiro Gonçalves, has called for stronger regional action to combat gender-based violence and ensure justice for women and girls across West Africa, warning that many victims still suffer in silence.
Gonçalves, who was represented by the Acting Deputy Registrar of the ECOWAS Court of Justice, Mrs. Marie Sanie, made the call in Abuja during the court’s celebration of International Women’s Day, organised by the CCJ Women Forum under the theme “Rights, Justice, Action for All Women and Girls,” with a sub-theme urging stakeholders to “Break the Silence: End Gender-Based Violence Now.”
He said the protection of women’s rights remains central to the court’s mandate of advancing the rule of law and safeguarding fundamental human rights across the Economic Community of West African States.
According to him, the court has, through its judgments, played a significant role in challenging discrimination, addressing sexual and gender-based violence and providing remedies for victims across the region.
“These groundbreaking decisions have not only delivered justice to individuals but have also set important legal precedents that reinforce the dignity and protection of women and girls throughout the region,” he said.
Among the landmark rulings highlighted by the court president was the 2008 case of Hadijatou Mani Koraou v Republic of Niger, which addressed slavery practices in Niger, and the 2017 case of Dorothy Chioma Njemanze & 3 Ors v Federal Republic of Nigeria that condemned discrimination and degrading treatment against women.
Other notable cases cited include WARDC & IHRDA (Mary Sunday) v Federal Republic of Nigeria on domestic violence, WAVES & 1 Or v Republic of Sierra Leone on discrimination based on pregnancy, Adama Vandi v Republic of Sierra Leone on rape and the failure to provide effective remedy for victims, and Forum Against Harmful Practices (FAHP) & 2 Ors v Republic of Sierra Leone concerning female genital mutilation.
Gonçalves stressed that gender-based violence remains a major obstacle to equality, justice and sustainable development across the region.
“Too often, survivors suffer in silence due to stigma, fear or lack of support to seek justice. Today we affirm that silence must end and justice must be translated into action,” he said.
The court president also expressed concern over the low level of compliance with the court’s rulings by member states, revealing that only about 20 per cent of its judgments have been fully implemented.
He warned that the low enforcement rate could undermine the authority and credibility of the regional court if not addressed urgently.
To tackle the challenge, he said the court recently carried out bilateral engagement missions to several member states, including Sierra Leone, Nigeria and Guinea-Conakry, as part of activities marking the 50th anniversary of the Economic Community of West African States.
The missions, he explained, were aimed at encouraging governments to implement the court’s decisions and fulfil their treaty obligations.
Gonçalves also noted that the court regularly conducts awareness and outreach missions across member states to educate citizens on how to access the court and seek redress for human rights violations.
He emphasised that justice would only be fully realised when citizens are aware of their rights and governments ensure that court judgments are respected and implemented.
While celebrating the achievements of women working within the ECOWAS Court, he acknowledged that challenges remain, particularly in ensuring greater representation of women in leadership positions and creating supportive work environments that promote work-life balance.
Despite the challenges, he reaffirmed the court’s commitment to strengthening legal protections for women and girls in the region.
“As we celebrate the achievements of women today, we reaffirm our commitment to delivering justice, advancing the rule of law and building a region where every woman and girl can live in safety and dignity,” he said.
Meanwhile, the Patron of the ECJ Women Forum, Justice Dupe Atoki, has called for stronger commitment to protecting the rights of women and girls, stressing that legal protections must go beyond promises to ensure real justice and equality.
Atoki made the call during the celebration of International Women’s Day at the ECOWAS Court of Justice in Abuja, where officials, diplomats and legal practitioners gathered to discuss the role of justice systems in safeguarding women’s rights across West Africa.
Speaking on the global theme for this year’s commemoration, the judge said the theme serves as both a reminder and a call to responsibility for governments, institutions and society at large.
She emphasised that the rights of women and girls should never be treated as privileges granted at convenience but as fundamental human rights that must be respected, protected and fulfilled.
According to her, although progress has been made globally in advancing gender equality, many women and girls still face barriers that limit their opportunities, silence their voices and restrict their participation in social, political and economic life.
“The emphasis on rights reminds us that the rights of women and girls are not privileges to be granted at convenience, but fundamental human rights that must be respected, protected and fulfilled,” she said.
Atoki noted that justice systems have a critical responsibility in addressing discrimination, violence and exclusion against women, adding that courts and legal institutions must remain accessible, impartial and responsive to the realities women face.
She said effective justice mechanisms are essential in ensuring that laws protecting women are properly enforced and that perpetrators of abuse are held accountable.
“The call for justice highlights the vital role of laws, institutions and courts in safeguarding equality and dignity. Justice must be accessible, impartial and responsive to the realities faced by women and girls,” she stated.
Atoki also stressed that achieving gender equality requires more than commitments and declarations, noting that deliberate action is necessary to dismantle structural barriers that hinder the progress of women and girls.
According to her, governments and institutions must translate policy commitments into practical measures that create safe and supportive environments for women to thrive.
“The call for action reminds us that commitments alone are not enough. Real progress requires deliberate steps through policies, institutions and collective effort to dismantle structural barriers and create environments where women and girls can thrive,” she said.
She urged stakeholders across the region to renew their commitment to advancing women’s rights, strengthening access to justice and ensuring that gender equality becomes a lived reality rather than a distant aspiration.
Atoki concluded by calling on governments, civil society organisations and legal institutions to work together to ensure that the promise of rights, justice and action is realised for all women and girls across the West African region.
ECOWAS Court Raises Alarm Over Gender Violence, Low Compliance With Judgments
News
NHRC Takes Rights Campaign to Grassroots, Holds Women’s Day Town Hall in Abuja Community
NHRC Takes Rights Campaign to Grassroots, Holds Women’s Day Town Hall in Abuja Community
By: Michael Mike
The National Human Rights Commission (NHRC) has intensified advocacy for the protection of women and girls by organising a community town hall meeting in Bwari as part of activities marking the 2026 International Women’s Day.
The sensitisation programme brought together traditional rulers, youth leaders, women groups and other community stakeholders to discuss the need for stronger action against discrimination and violence affecting women.

Executive Secretary of the Commission, Tony Ojukwu, said the annual commemoration of International Women’s Day provides an important opportunity to celebrate the achievements of women while drawing attention to the obstacles that still limit their full participation in society.
Ojukwu, who was represented at the event by the Director of the Commission’s Women and Children Department, Ngozi Okorie stressed that the theme of the 2026 celebration, “Rights. Justice. Action. For All Women and Girls,” calls for practical and sustained efforts to remove barriers confronting women in many communities.
He noted that despite growing awareness of gender equality, women and girls continue to face gender-based violence, discrimination, limited access to justice and socio-economic inequalities.
According to him, addressing these challenges requires the collective commitment of government institutions, community leaders and citizens.
“The rights of women and girls are fundamental human rights. Protecting them demands deliberate and sustained action from all stakeholders,” he said.
The NHRC boss reaffirmed the Commission’s determination to promote and safeguard the rights of all Nigerians, particularly vulnerable groups such as women and children.
He explained that the Bwari town hall meeting was designed to deepen public awareness of human rights and provide a platform for dialogue on practical measures that could strengthen the protection of women and girls at the grassroots.
Traditional rulers who attended the forum commended the Commission for bringing the conversation on human rights closer to local communities.
The Esu of Bwari, represented by Mai Anguwa of FCDA Quarters, Zakwoi Ibrahim, described the initiative as timely, noting that such engagements would help educate residents about their rights and responsibilities.
Also speaking, Youth President of Bwari Area Council, Comrade Dr Awoyi Bwari, praised the NHRC for organising the programme, saying it would boost awareness on human rights issues among both men and women in the community.
Representatives of women’s organisations, including faith-based groups and market associations, also participated in the meeting and pledged their support for efforts aimed at promoting and protecting the rights and welfare of women and girls.
NHRC Takes Rights Campaign to Grassroots, Holds Women’s Day Town Hall in Abuja Community
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