News
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
Education
DIGITAL RIGHTS: EU, ASF FRANCE SUPPORT FIGHT AGAINST CYBERBULLING IN NIGERIA

DIGITAL RIGHTS: EU, ASF FRANCE SUPPORT FIGHT AGAINST CYBERBULLING IN NIGERIA
By: Michael Mike
Avocats Sans Frontieres (ASF) France with the support from the European Union (EU) in conjunction with the Centre for Information Technology and Development (CITAD), through it e- RIGHTS Protect has called for more strength to fight against cyberbulling and digital rights violation in Nigeria.
This was made known at the grand finale of the national inter-school digital rights competition organized by ASF under it E-RIGHTS platform last Tuesday in Abuja.
After a thorough engagement by various schools across the country, four schools from different States and zone were qualified to the final, namely Kano State, Lagos, Imo and FCT.

In the keenly contested competition, the Sonmori Senior Comprehensive High School, Ifako Ijaiye, Lagos State emerged as the winner, followed by FCT, Imo and Kano respectfully. The winner takes home the sum of one million Naira with support also from the eRights project to empower what they are doing in terms of digital literacy.
ASF France, Nigeria County Director, Angela Uwandu Uzoma, explained that, the competitions is more than celebration of talents, but celebration of courage, consciousness and commitment. She said, the occasion is not just to shaping conversation of the students, but to shaping their future.
She further said “The eRights project aims at promoting digital rights, not just for the adults, but also for the children, ensuring that the children are not left behind in this conversation. So children are themselves today participating in putting out empowering videos, messaging to discourage cyberbullying, to say no to cyberbullying because of the attendant effects and the harms that it can cause”

“The Cybercrimes Act, which was recently revised, amended particularly with Section 24, which was amended in 2024, to ensure that the government addresses some of these issues
“The government needs to do more. And we’re seeing that this Act, which ordinarily should protect citizens, to empower them to create a safe space for engagement, ensure that people are able to express themselves freely as guaranteed by the Constitution, including children” she added.
Also, the EU representative at the event, Program Manager, CSO, Human Rights and Youth, Mrs. Wynyfred Achu-Egbuson, believed that, the competition will bring to the understanding of Yong people that they have a responsibility towards not only protecting their rights but also protect the rights of other people who use the digital space.
She further said, the issues surrounding digital rights in Nigeria and other developed countries of the West is dynamic. Therefore, the issues of legislations and regulation towards digital rights is developing, the situation is dynamic and ever changing
DIGITAL RIGHTS: EU, ASF FRANCE SUPPORT FIGHT AGAINST CYBERBULLING IN NIGERIA
News
One killed, several injured in farmers-herders clash in Niger

One killed, several injured in farmers-herders clash in Niger
By: Zagazola Makama
At least one person killed and several others injured following a clash between Fulani herders and Gwari farmers in Kpowi village, Fuka District, Munya Local Government Area.
Zagazola Makama learnt that the incident, which occurred on June 2 at about 4:30 p.m., was reportedly triggered by a dispute over alleged farm trespass and destruction of crops.
The altercation led to violent confrontations between members of the Fulani and Gwari communities.
Security sources confirmed that six Fulani residents identified as Ahmadu Bature, Dauda Bello, Haruna Umaru, Shuaibu Bature, Bature Bello, and Safiya Auta sustained various degrees of injuries.
Similarly, four Gwari individuals Yusuf Pada, Pius Pada, Dantala Yusuf, and Joshua Mai’anguwa were also injured during the clash.
All the victims were evacuated to the General Hospital in Kaffin-Koro for medical attention. However, Ahmadu Bature was confirmed dead on admission.
The situation has been brought under control following swift intervention by operatives, and leaders of both communities have been invited for a peace dialogue.
One killed, several injured in farmers-herders clash in Niger
News
VP Shettima Arrives Abuja Airport En Route Mokwa, Niger State

VP Shettima Arrives Abuja Airport En Route Mokwa, Niger State
By: Our Reporter
Vice President Kashim Shettima has arrived at the Nnamdi Azikiwe International Airport, Abuja, en route to Mokwa Local Government Area of Niger State for an on-the-spot assessment of the flooding that has affected the area.
The Vice President’s visit is aimed at conducting a firsthand evaluation of the flood damage and delivering President Bola Ahmed Tinubu’s condolence messages and assurances to families affected by the natural disaster.
Earlier, President Tinubu had issued a statement expressing deep concern over the severe flooding, which has resulted in tragic loss of lives and displacement of families. The President extended heartfelt condolences to affected families and the people of Niger State.
In his statement, President Tinubu announced the immediate activation of the National Emergency Response Centre and confirmed that he had been briefed by the National Emergency Management Agency (NEMA) on the scale of the disaster. He assured that search-and-rescue operations are ongoing, with all relevant federal agencies mobilised to support the state government’s efforts.
VP Shettima Arrives Abuja Airport En Route Mokwa, Niger State
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