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NCP HITS GROUND RUNNING, SETS UP COMMITTEE ON RESTRUCTURING OF BANK OF AGRICULTURE
NCP HITS GROUND RUNNING, SETS UP COMMITTEE ON RESTRUCTURING OF BANK OF AGRICULTURE
*Approves completion of Zungeru hydroelectric power plant concession
*Ratifies NCP standing committees
By: Our Reporter
In a bid to ensure better service delivery in line with the Renewed Hope Agenda of the Tinubu administration, the National Council on Privatization (NCP) has set up an ad hoc committee to fast-track the restructuring and resuscitation of the Bank of Agriculture (BOA).
The Vice President, Sen. Kashim Shettima, who chaired the maiden meeting of the reconstituted NCP at the Presidential Villa, Abuja, emphasised the importance of the tasks before the new Council, particularly the rejuvenation of BOA, among others.
Speaking after the presentation of the agenda and matters arising by the Director General of the Bureau of Public Enterprises (BPE), Dr Alex Okoh, the VP listed the composition of the ad hoc committee, saying a lot will depend on the decisions of the Council in the months ahead.
“We have to make some far-reaching decisions on the restructuring of the Bank of Agriculture because the bank will be critical to the realization of the Renewed Hope Agenda of the Tinubu administration. It is very important for us and for this administration,” he noted.
According to the Vice President, the Finance Minister, Mr Wale Edun will Chair the ad hoc committee, while members include, Minister of Agriculture and Food Security, Sen. Abubakar Kyari; Minister of Budget and Economic Planning, Sen. Atiku Bagudu; CBN Governor, Dr Yemi Cardoso; Rep of the Ministry Of Finance Incorporated (MOFI); Chairmen of the NCP Technical and Legal Committees; a member of the NCP, Alhaji Mohammed Mustapha Bintube, and the DG BPE will serve as Secretary.
VP Shettima urged the committee to come up with a roadmap for the resuscitation of the BOA, among other resolutions.
The Vice President had earlier in his opening address set the tone for the deliberations, urging members to take every task seriously. “We will be meeting more frequently because we have to support the President to execute the Renewed Hope Agenda,” he noted.
The Council also approved the completion of the concession of the 700MW Zungeru Hydroelectric Power Plant and particularly directed the opening of a dedicated account at the Debt Management Office for the payment of the concession fees by the concessionaire.
Vice President Shettima directed the CBN governor to commence the opening of the account at the DMO as proposed by the BPE.
Yet another major decision taken at the meeting was the ratification of constituted standing committees for the Council, comprising the Technical, Stakeholder Engagement, Finance and Legal committees.
Also approved at the maiden NCP meeting was the 2024 work plan of the Bureau of Public Enterprises (BPE) covering its privatization activities and participation in international forums to attract interest in the country’s privatization programme.
Present at the meeting were the Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun; Minister of Agriculture and Food Security, Sen. Abubakar Kyari; Minister of Budget and Economic Planning, Sen. Abubakar Bagudu; Minister of Steel Development, Shuaibu Audu; Minister of Transportation, Sen. Sa’idu Alkali; CBN Governor, Dr Yemi Cardoso, and Chairman of the reconstituted Technical Committee, Mr Oye Odukale, among other Council members.
NCP HITS GROUND RUNNING, SETS UP COMMITTEE ON RESTRUCTURING OF BANK OF AGRICULTURE
2026 teachers’ summit: Zulum stands in for NGF chair, commends FG for NELFUND
By: Michael Mike
Borno State Governor, Prof. Babagana Umara Zulum, on Monday, attended the National Teachers’ Summit held at the Banquet Hall of the Presidential Villa, Abuja, where he stood in for the Chairman of Nigeria Governors’ Forum (NGF).
Governor Zulum commended the Federal Government for its strategic investments in education, citing the positive impact of Students Loan Scheme, the strengthening of key educational institutions, and the upward review of salaries for federal university teachers as evidence of a clear policy direction aimed at revitalising the sector.
The Governor reaffirmed his administration’s unwavering commitment to educational development and human capital advancement in Borno State.
The summit, convened by the Federal Ministry of Education, provided a strategic platform to review the state of Nigeria’s education sector, strengthen policy implementation, and formally launch “Edu Revamp”, a platform to enhance teacher capacity, utilise digital tools for 21st-century skills, and foster collaboration to improve learning outcomes.
About 12 exemplary teachers were honoured for their outstanding service to the nation. Six teachers—one from each of the six geopolitical zones—from the Universal Basic Education Board (UBEB), alongside six secondary school teachers, received cash awards of ₦25 million each. The Overall Best Teacher award was presented to Mr Solanke Francis Taiwo, who received a cash prize of ₦50 million.
Governor Zulum commended the First Lady, Senator Oluremi Tinubu, for hosting the maiden National Teachers’ Summit at the Presidential Villa, describing the initiative as a clear demonstration of the Federal Government’s prioritisation of education.
He particularly applauded her sustained advocacy for girl-child education and her support through scholarships and grants that continue to reduce barriers to educational access for vulnerable Nigerians.
He also praised the Honourable Minister of Education, Dr Maruf Olatunji Alausa, and the Minister of State for Education, Prof. Suwaiba Said Ahmad, for their focused and reform-driven leadership.
2026 teachers’ summit: Zulum stands in for NGF chair, commends FG for NELFUND
News
Kyari Urges Fairer Global Trade Rules as Nigeria Participates in Cocoa Beyond Borders Conference in UK
Kyari Urges Fairer Global Trade Rules as Nigeria Participates in Cocoa Beyond Borders Conference in UK
By: Our Reporter
Nigeria is participating in the Cocoa Beyond Borders 2026 Conference in the United Kingdom, joining global policymakers, industry leaders, financiers, and farmer representatives to examine power imbalances and compliance challenges in the global cocoa sector.
Delivering a keynote address, Senator Abubakar Kyari, CON, Honourable Minister of Agriculture and Food Security of Nigeria, challenged existing trade and compliance regimes, stating that cocoa-producing nations “must not remain rule-takers in a system where the rules are made without their meaningful input.”
Speaking within the conference theme, “Rules Without Recourse? Navigating Compliance, Power, and Trade Justice in the Cocoa Sector,” the Minister warned that sustainability frameworks would fail if they undermine farmer livelihoods and national sovereignty, stressing that “compliance cannot be just if it weakens producer economies while protecting markets elsewhere.”
Senator Kyari also cautioned against the weaponisation of ESG and environmental regulations as non-tariff barriers, noting that climate action must advance alongside fairness and equity in global trade.
He reaffirmed Nigeria’s commitment to reclaiming value across the cocoa supply chain, emphasising the need for producing countries to move beyond raw exports to processing, branding, and greater market influence, while calling for stronger producer-led alliances to reshape global cocoa governance.
The two-day conference is examining ESG compliance, digital traceability, climate finance, price volatility, and the future of cocoa innovation, positioning cocoa as a strategic asset in global trade justice.
Kyari Urges Fairer Global Trade Rules as Nigeria Participates in Cocoa Beyond Borders Conference in UK
Armed robbery foiled by Bauchi Police, three suspects arrested in Bauchi
By: Zagazola Makama
Three persons were arrested following a foiled armed robbery along the Bauchi–Gombe Federal Highway in Kirfi Local Government Area of Bauchi State on Jan. 26.
Sources said the incident occurred at about 12:16 a.m. when armed robbers blocked the road near Kalajanga Hamlet via Bara Village.
Officers on routine patrol responded promptly, engaging the hoodlums and forcing them to abandon their operation and flee into the surrounding bush.
The trail of the robbers led authorities to the house of one Nasiru Ibrahim of Saddiya Hamlet, where two of his children, Isya Nasiru, 20, and Umar Nasiru, 18, were also arrested in connection with the case.
Recovered items included two sticks, a touch light, three bags, a local bullet-proof shirt, face masks, two pairs of shoes, an Oppo android phone, and several local charms.
Sources say Investigations are ongoing.
Armed robbery foiled by Bauchi Police, three suspects arrested in Bauchi
2026 teachers’ summit: Zulum stands in for NGF chair, commends FG for NELFUND
AT GOV. MUTFWANG GRAND ENTRY INTO APC
Kyari Urges Fairer Global Trade Rules as Nigeria Participates in Cocoa Beyond Borders Conference in UK
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