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NCP Mulls BOA-NIRSAL Merger, Injection Of Fresh Capital
NCP Mulls BOA-NIRSAL Merger, Injection Of Fresh Capital
*We must reposition BOA to drive Nigeria’s food security- VP Shettima
By: Our Reporter
The National Council on Privatisation (NCP) has received key recommendations from its committee on the Bank of Agriculture (BOA), including a proposed merger with the Central Bank of Nigeria’s NIRSAL Microfinance Ltd and a fresh capital injection to revitalize the bank.
Addressing the second NCP meeting of 2024 at the Presidential Villa on Wednesday, the Vice President, Senator Kashim Shettima reiterated President Bola Ahmed Tinubu’s commitment to repositioning and reforming BOA to drive the administration’s food security agenda.
“Let’s get very sound professionals with integrity to manage the bank. If we use it well, it’s going to be a tool for the transformation of our economy because agriculture is the key,” the Vice President said.
Presenting the committee’s report, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, who doubles as NCP Vice-Chairman, said the Council’s decision was informed by the challenges identified and the need for urgent resolution of the issues confronting the Bank.
Edun outlined the major recommendations, including “the immediate reconstitution of the Board of Directors of the Bank to enhance corporate governance” and “a merger of BOA with the CBN’s NIRSAL Microfinance Ltd.”
He also highlighted the proposal to “cede National Agricultural Land Development Authority (NALDA) land titles to BOA so that it reflects in its Balance Sheet, thus increasing its capital adequacy for the purpose of raising funds from institutional investors.”
Acknowledging the need for financial reinforcement, the Minister identified “adequate capital injection into the Bank by the shareholders” as a crucial step forward.
The committee’s report comes after the NCP empanelled an 8-member inter-ministerial body in December 2023 to review the state of affairs at BOA, given agriculture’s critical role in the economy and the Tinubu administration’s commitment to food security under the Renewed Hope Agenda.
In 2016, the NCP had approved the collaboration between the Bureau of Public Enterprises (BPE), the then Federal Ministry of Agriculture and Rural Development, and the Federal Ministry of Finance to restructure and recapitalize BOA.
A consultant, Lead Capital Consortium, was engaged in 2019 to review the bank’s operations and advise on strategies for rebirth and growth. The consultant’s core recommendation was for the government to recapitalize the bank, implement reforms, provide technical assistance, and transform BOA into a sustainable agricultural development bank.
Edun further outlined additional recommendations, including “Provision and upgrade of the Bank’s ICT infrastructure to automate processes, reduce costs and enhance the Bank’s outreach to the grassroots” and “Enhance governance and risk management by appointing qualified Board members and senior management with relevant expertise.”
In a move to bring transparency and efficiency to the nation’s energy sector, the NCP also noted the proposal seeking approval for the establishment of an independent system operator from the Transmission Company of Nigeria (TCN).
NCP Chairman, Vice President Shettima, set up a committee to liaise with the Special Adviser to the President on Energy and the Federal Ministry of Power to provide a roadmap and reach out to stakeholders.
The committee is chaired by Mr. Oye Hassan-Odukale, Technical Committee Chairman of NCP.
On a Strategy Paper for the Optimisation of Oil and Gas Assets, the Council also formed a committee to look into issues concerning oil and gas infrastructure, stressing the strategic importance of investors in the sector.
The committee chaired by the Minister for Budget and Economic Planning includes the Coordinating Minister of Health and Social Welfare, the NCP Secretariat, the Ministers of Power, the Minister of State for Petroleum Resources (Oil) and the Minister of State for Petroleum Resources (Gas),
The committee was given three weeks to come up with its report on optimizing the nation’s oil and gas assets.
End
NCP Mulls BOA-NIRSAL Merger, Injection Of Fresh Capital
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NGO backs Tinubu’s climate awareness tour
NGO backs Tinubu’s climate awareness tour
Jewel Environmental Initiative (JEI), a Non-Governmental Organisation (NGO), has commended President Bola Tinubu for inaugurating the Renewed Hope Climate Change Awareness Tour, urging Nigerians and stakeholders to support the initiative nationwide.
Mr Ismail Bima, Chief Executive Officer of JEI, said in a statement on Thursday in Gombe that the tour would significantly strengthen public understanding of climate change and encourage collective environmental responsibility.
Bima described the initiative as a clear affirmation of the Federal Government’s commitment to pursuing practical solution driven strategies that addressed climate challenges and safeguarded livelihoods, ecosystems, and national development efforts.
He noted that the programme would achieve its objectives if government institutions, private organisations, civil society groups, and citizens actively played their respective roles in promoting awareness, resilience, and sustainable practices.
According to him, the inauguration marks an important step toward building a nationwide movement capable of delivering measurable progress in Nigeria’s broader efforts to secure a climate resilient future for generations.
He said JEI fully aligned with the Renewed Hope Climate Change Awareness Tour, noting that the initiative could inspire innovation, strengthen environmental education, and promote sustainable development across communities nationwide.
Bima also commended the Minister of Environment and urged federal, state, and local stakeholders to support the initiative, stressing that climate change impacts affected all citizens regardless of region or status.
He emphasised that growing climate pressures on agriculture, livelihoods, and ecosystems made the awareness tour timely, adding that stronger information sharing and partnerships were necessary to confront environmental risks nationwide.
He urged authorities to implement the initiative with sustained commitment, extend activities to grassroots communities, and collaborate with state and local governments to ensure wider participation and maximum impact nationwide effectively.
The News Agency of Nigeria (NAN) reports that President Tinubu inaugurated the Renewed Hope Climate Change Awareness Tour in Abuja on Tuesday to promote climate resilience and sustainable development nationwide initiatives.
NGO backs Tinubu’s climate awareness tour
News
Experts Demand Stronger Research, Free Screening, Community Mobilisation to Tackle HPV in Nigeria
Experts Demand Stronger Research, Free Screening, Community Mobilisation to Tackle HPV in Nigeria
By: Michael Mike
Nigeria’s battle against Human Papillomavirus (HPV) must move beyond routine vaccination campaigns to embrace deeper research, free nationwide screening and aggressive grassroots engagement if the country is to defeat cervical cancer and other HPV-related diseases, medical experts declared on Wednesday in Abuja.
The call came during activities marking the 2026 International Human Papillomavirus Awareness Day, a global initiative championed by the International Papillomavirus Society to spotlight the dangers of HPV and promote prevention strategies.
Speaking at the event, Professor Imran Oludare Morhason-Bello of the University College Hospital Ibadan and the University of Ibadan warned that limiting HPV conversations to cervical cancer alone is both misleading and dangerous.
According to him, the virus is responsible not only for cervical cancer but also for cancers of the throat, mouth, anus and penis, affecting men and women alike.
“Human Papillomavirus is not a women-only issue,” he said. “It affects both genders and people of different backgrounds. We must broaden our understanding and our response.”
He urged policymakers to adopt a transdisciplinary approach that integrates medical science, social research, education, religious institutions and community leadership. He noted that vaccine hesitancy differs across regions and communities, making localised research and engagement essential for effective intervention.
Morhason-Bello stressed that policies designed without grassroots input often fail, adding that communities must be partners — not passive recipients — in the fight against HPV.
The experts acknowledged Nigeria’s progress in rolling out HPV vaccines through the National Primary Health Care Development Agency, with over 16 million girls vaccinated so far. However, they noted that with tens of millions more eligible, the country must intensify both funding and awareness to close the gap.
The LOC Chairman, IHAD IPVS-Nigeria and Nigeria Country Ambassador, IPVS, Dr. Maureen Umeakuewulu called for a nationwide advocacy movement that includes religious leaders, traditional rulers, women’s organisations, youth groups and survivors of cervical cancer.
She said misinformation — particularly claims that the vaccine causes infertility — continues to undermine progress.
“The vaccine has been in use globally for over 20 years. There is no evidence linking it to infertility,” she said. “But while we are educating communities, those spreading falsehoods are also active. We must be louder with facts.”
She further argued that cervical cancer screening should be made free in all hospitals — public and private — to eliminate financial barriers that discourage women from testing.
“If women gather the courage to seek screening and are turned back by costs they cannot afford, then our advocacy is weakened,” she said. “Screening must be accessible to every woman, regardless of her income or location.”
Also speaking, President of the Nigerian chapter of the International Papillomavirus Society, Professor Mohammed Manga,, described HPV as one of the few cancer-causing infections that is preventable through vaccination and early detection.
He said the global slogan “One Less Worry” reflects the reality that cervical cancer could become a thing of the past if countries commit fully to vaccination, screening and sustained awareness.
“This is not a battle for doctors alone,” Manga said. “It requires the media, policymakers, community leaders, caregivers and citizens. No single profession can eliminate HPV. It is a collective responsibility.”
Participants agreed that while funding remains critical, education and system efficiency are equally important. They pointed to gaps in training, misinformation among some health workers and infrastructural weaknesses within the health system.
The experts concluded that Nigeria stands at a critical moment: with vaccines available and awareness growing, the country has the tools to dramatically reduce HPV-related deaths. What remains, they said, is the political will, sustained funding and community-driven action to turn that potential into reality.
Experts Demand Stronger Research, Free Screening, Community Mobilisation to Tackle HPV in Nigeria
News
Military Air precision bombardment neutralises over 50 terrorists after attack on Ngoshe in Borno
Military Air precision bombardment neutralises over 50 terrorists after attack on Ngoshe in Borno
By: Zagazola Makama
The Air Component of Operation Hadin Kai has neutralised over 50 suspected Boko Haram/ISWAP terrorists following precision air strikes on their withdrawal routes after a failed attack on Ngoshe in Gwoza Local Government Area of Borno.
Sources told Zagazola Makama that the officer said the terrorists had, at about 7:30 p.m. on March 3, launched a coordinated assault on artillery positions in Ngoshe, a community located about 12 kilometres from Pulka and 31 kilometres from Gwoza town.
“The insurgents attempted to overrun the artillery positions in a surprise evening attack. Troops on ground responded effectively but conducted a tactical withdrawal under intense fire to preserve personnel and equipment while reinforcements were being mobilised,” he said.
The sources explained that the insurgents had adopted a hit-and-withdraw tactic, abandoning the scene before reinforcement troops fully secured the area.
The sources added that additional troops were immediately deployed, while surveillance platforms tracked the fleeing terrorists along identified withdrawal corridors.
“Upon receipt of real-time intelligence from ground troops, the surveillance aircraft were scrambled to engage the terrorists on their egress routes. The terrorists were sighted moving in clusters in both locations.
“Precision bombardment was conducted on confirmed target clusters and movement trails. Battle Damage Assessment indicates that over 50 terrorists were neutralised in two separate strike runs,” the officer said.
“The air-ground synergy under Operation Hadin Kai ensured that although the terrorists attempted to escape into forested enclaves, they were decisively engaged from the air.
“The strikes also disrupted their logistics and mobility capability within the Ngoshe–Pulka corridor,” he said.
The sources further stated that clearance and area domination operations were ongoing to forestall any regrouping attempts by the insurgents.
He noted that the Ngoshe–Gwoza axis remains a historically volatile corridor due to intermittent activities of Boko Haram and ISWAP remnants exploiting difficult terrain and proximity to cross-border forest zones.
“Operation Hadin Kai remains resolute in sustaining offensive pressure. The message is clear any attempt to attack our positions will attract overwhelming and coordinated firepower,” he said.
He assured residents of Gwoza and surrounding communities of the military’s commitment to protecting lives, supporting resettlement efforts, and consolidating gains recorded in the ongoing counter-insurgency campaign in Borno.
Military Air precision bombardment neutralises over 50 terrorists after attack on Ngoshe in Borno
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