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NCP HITS GROUND RUNNING, SETS UP COMMITTEE ON RESTRUCTURING OF BANK OF AGRICULTURE

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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

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Troops Rescue Two Kidnap Victims in Kogi

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Troops Rescue Two Kidnap Victims in Kogi

By Zagazola Makama

Troops of the Nigerian Army have rescued two kidnapped victims during a routine patrol in Yagba West Local Government Area of Kogi State.

Security sources said the operation took place at about 7:01 p.m. on April 30 when troops of 12 Brigade deployed at Okoloke Patrol Base intercepted suspected kidnappers at Ejiba community.

The sources disclosed that the troops acted swiftly, forcing the suspects to abandon their victims.

According to the sources, the two kidnapped persons were successfully rescued and later reunited with their families.

They added that security patrols have been intensified in the area to prevent further incidents and ensure the safety of residents.

Troops Rescue Two Kidnap Victims in Kogi

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Nigeria Summons South Africa Envoy Over Renewed Anti-Foreigner Protests, Attacks on Nigerians

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Nigeria Summons South Africa Envoy Over Renewed Anti-Foreigner Protests, Attacks on Nigerians

By: Michael Mike

The Federal Government has summoned the Acting High Commissioner of South Africa following mounting concerns over a fresh wave of anti-foreigner protests and reported attacks targeting Nigerian citizens and their businesses.

The Ministry of Foreign Affairs disclosed that the envoy is expected at its headquarters in Abuja on Monday, May 4, 2026, where Nigerian authorities will formally register their strong displeasure over developments seen as threatening the long-standing diplomatic and economic ties between both countries.

At the heart of the meeting are recent demonstrations by various groups in South Africa, which have reportedly degenerated into harassment, violence, and destruction of foreign-owned businesses—many belonging to Nigerians. The incidents have triggered widespread anger among Nigerians, amid fears for the safety of thousands living and working in South Africa.

Spokesperson of the Ministry, Kimiebi Ebienfa on Saturday said the government is deeply worried about the implications of the unrest on bilateral relations, stressing that Nigeria remains committed to protecting its citizens abroad while pursuing diplomatic solutions.

Despite the rising tension, the Federal Government urged Nigerians to remain calm, assuring that steps are being taken at the highest diplomatic levels to address the situation and ensure the safety and dignity of its nationals.

Nigeria and South Africa share one of Africa’s most strategic bilateral relationships, rooted in a history of solidarity dating back to Nigeria’s support for the anti-apartheid struggle. However, relations have repeatedly come under strain due to recurring outbreaks of xenophobic violence in South Africa.

Notably, major incidents in 2008, 2015, and 2019 saw widespread attacks on foreign nationals, including Nigerians, leading to deaths, looting, and destruction of properties. The 2019 crisis, in particular, sparked a diplomatic row, with Nigeria recalling its High Commissioner and boycotting the World Economic Forum on Africa 2019 in protest.

In response to past crises, both countries established diplomatic mechanisms, including an early warning system and joint consular forums, aimed at preventing further violence and protecting citizens. Despite these measures, sporadic tensions and anti-immigrant sentiments have persisted, often fueled by local grievances over unemployment and crime.

Analysts warned that the current developments, if not swiftly contained, could once again test diplomatic ties between Africa’s two largest economies and undermine regional integration efforts under frameworks such as the African Union and the African Continental Free Trade Area.

The outcome of Monday’s meeting is therefore seen as crucial in determining whether both nations can de-escalate tensions and reaffirm their commitment to mutual respect, cooperation, and the protection of citizens on both sides.

Nigeria Summons South Africa Envoy Over Renewed Anti-Foreigner Protests, Attacks on Nigerians

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Troops Rescue Injured Victim After Attack by Berom militia in Plateau

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Troops Rescue Injured Victim After Attack by Berom militia in Plateau

By Zagazola Makama

Troops of Operation Safe Haven have rescued a civilian who sustained machete injuries following an attack by Berom militia along Bachi–Werreng Road in Riyom Local Government Area of Plateau State.

Security sources said the incident occurred at about 7:20 p.m. on May 1 when suspected criminals attacked the victim along the road.

The sources disclosed that troops of Sector 6, deployed at Bachi, swiftly responded to a distress call and moved to the scene.

According to the sources, the attackers fled upon the arrival of the troops, abandoning the injured victim.

They added that the victim, who sustained machete cuts, was immediately evacuated to a hospital in Rachi for medical treatment.

The sources further said the assailants carted away the victim’s motorcycle during the attack.

They noted that security patrols have been intensified in the area, while efforts are ongoing to track down the fleeing suspects.

Troops Rescue Injured Victim After Attack by Berom militia in Plateau

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