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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
NA CAT Week: Army Flags Off Free Medical Outreach in Kaduna Community
By Zagazola Makama
The Nigerian Army has commenced pre-event activities for its Combat Arms Training (CAT) Week 2026 with a free medical outreach for residents of Birnin Yaro community in Kaduna State.
Security sources said the outreach, which held on May 2, was flagged off by the Chief of Integrated Combat Arms, Maj.-Gen. G.M. Mutkut, as part of preparations for the CAT Week scheduled to take place at Jaji Military Cantonment from May 4 to May 8, 2026.
The sources disclosed that the programme provided free medical consultations and treatment for members of the host community, as well as personnel and their family members.
According to the sources, the initiative was designed to strengthen civil-military relations while improving access to basic healthcare services for underserved communities.
They added that senior officers, including the Principal Staff Officer from Headquarters Infantry Corps Centre and members of the Central Organising Committee for the CAT Week, were in attendance.
The sources noted that the event was conducted peacefully and without any incident.
NA CAT Week: Army Flags Off Free Medical Outreach in Kaduna Community
Troops Arrest Two Suspected Terrorists in Borno, Recover Phones and Charms
By Zagazola Makama
Troops of the Nigerian Army have arrested two suspected terrorists during a patrol operation in Ngamdu town, Kaga Local Government Area of Borno State.
Security sources said the operation was conducted at about 5:35 p.m. on May 2 by troops of 154 Battalion while on routine patrol within the area.
The sources disclosed that the suspects were intercepted and arrested during the patrol.
According to the sources, items recovered from them include one mobile phone, one keypad phone, a power bank, charms and other sundry items.
They added that the suspects are currently in military custody for further interrogation and investigation.
The sources noted that further action will be taken after profiling, while patrols in the area have been intensified to maintain security dominance.
Troops Arrest Two Suspected Terrorists in Borno, Recover Phones and Charms
Four Killed, Three Injured in Attack on Illegal Mining Site in Plateau
By Zagazola Makama
Four persons have been killed and three others injured following an attack by unknown gunmen at an illegal mining site in Barkin-Ladi Local Government Area of Plateau State.
Security sources said the incident occurred at about 1:30 p.m. on May 2 at Mazat mining site, where the victims were reportedly engaged in unauthorised mining activities.
The sources disclosed that the assailants opened fire on the victims, killing four on the spot while three others sustained varying degrees of gunshot injuries.
According to the sources, the injured victims—two females and one male—were rushed to a nearby hospital for medical attention and are currently receiving treatment.
They added that the corpses of the deceased have been deposited at the hospital morgue for autopsy.
The sources further noted that security operatives were mobilised to the scene, while additional deployments have been made to track down the perpetrators.
They reiterated that night mining activities remain prohibited in the state, stressing that investigations into the incident are ongoing.
Four Killed, Three Injured in Attack on Illegal Mining Site in Plateau
NA CAT Week: Army Flags Off Free Medical Outreach in Kaduna Community
Troops Arrest Two Suspected Terrorists in Borno, Recover Phones and Charms
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