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NEC Okays New Textile Dev. Board, $90B Agribusiness, Livestock Development Plan

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NEC Okays New Textile Dev. Board, $90B Agribusiness, Livestock Development Plan

** Observes one minute’s silence for victims of Benue, Plateau attacks

*** We’re architects of a sustainable future, not mere responders to crises, VP Shettima tells council members

By: Our Reporter

To reposition Nigeria’s economy and tackle insecurity at its roots, the National Economic Council (NEC) has approved the establishment of a Cotton, Textile and Garment Development Board, alongside new strategies for agribusiness expansion and livestock transformation projected to generate up to $90 billion in economic value by 2035.

Other initiatives approved by council included the establishment of the Green Imperative Project (GIP) national office in Abuja and regional offices across the six geopolitical zones, as well as addressing the crises fuelled by the current system of animal husbandry in the country.

At its 149th NEC meeting held on Thursday at the Presidential Villa, Abuja, NEC also observed a minute of silence for victims of the recent killings in Benue and Plateau States, while expressing its condolences for the people and governments of the affected states.

NEC, chaired by Vice President Kashim Shettima, with Governors of the 36 states of the federation, the Governor of the Central Bank of Nigeria (CBN), the Minister of Finance, and other co-opted government officials as members, approved the proposal for the establishment of the Cotton, Textile and Garment Development Board.

As the regulatory body for the cotton, textile and garment sector of Nigeria, the Board will have governors representing the six geo-political zones, with Ministers of Agriculture and Food Security, Budget and Economic Planning, and Industry, Trade and Investment as members.

The board, when set up, will be domiciled in the Presidency, private sector-driven, with representation of the relevant public sector stakeholders, and funded from the Textile Import Levy being collected by the Nigeria Customs Service (NCS).

NEC also approved the establishment of the Green Imperative Project (GIP) national office in Abuja and regional offices across the six geopolitical zones, as well as the request for support for the formal launch of the National Agribusiness Policy Mechanism.

Addressing issues of empowerment and food security, Vice President Shettima implored members of the Council to be courageous in taking decisions, saying they must “resist the temptation of grand rhetoric and embrace the hard work of reform.

“The nation is watching. Our citizens are not waiting for another speech. They are waiting for results. This Council must remain a meeting point of ideas that move the nation forward. Let us rise above partisan interests and regional divisions and focus on what truly matters—building a nation that delivers for all,” he stated.

VP Shettima reminded members that they were not at the council meeting as a mere routine but by “the resolve to confront the pressing realities that define the lives” of the Nigerian people”, even as he urged them not to just respond to crises, but work as architects of a sustainable future for the nation.

He stated: “Governance, in truth, is not the theatre of promises. It is the solemn business of fulfilment. Today, as always, we are not here to admire the beauty of policy design but to ensure the substance of its execution.

“The task before us is monumental, but it is not unfamiliar. At our last meeting, we launched bold initiatives and reawakened our sense of duty to the nation. Today, we return with even greater clarity about what lies ahead. We must always bear in mind that we are not merely responders to crises. We are architects of a sustainable future.”

On the establishment of a Cotton, Textile and Garment Development Board, the Vice President said it aligns with the economic revival agenda of President Bola Ahmed Tinubu, recalling that the initiative “is a call to resuscitate a sector that once clothed the people and powered the nation’s economy.

Nigeria is a nation where cotton can thrive in 34 states. Yet our production level remains a fraction of our potential. We currently produce only 13,000 metric tons, while we continue to import textiles worth hundreds of millions of dollars. This is not just an economic imbalance. It is an invitation to act,” he added.

Cotton, Textile and Garment Development Board, according to him, will be funded by the textile import levy and will have a presence in all geopolitical zones in the country.

“Our goal is not just regulation. It is a revival. This is our opportunity to re-industrialise, to empower communities, and to restore pride in local production,” he explained.

On strengthening the nation’s food security, the Vice President said even though it is a vital follow-up to the Nutrition 774 Initiative, it is also basically about building an inclusive, efficient and sustainable national food economy.

“We are building a national food economy that is inclusive, efficient and sustainable,” he noted.

VP Shettima maintained that deliberations by NEC must inspire action, deepen unity and uplift the lives of the citizens, and to actualise this, he pushed for the consideration of a “field visit by the NEC Implementation Monitoring Committee.

“This is a critical step in bridging the gap between policy and performance. Our people do not evaluate us by the elegance of our policies, but by the evidence of their impact,” he added.

Other highlights of the meeting are as follows:

UPDATES ON ACCOUNT BALANCES

The Accountant-General of the Federation gave an update to Council on the under-listed accounts as follows:

  1. EXCESS CRUDE ACCOUNT (ECA), Balance as at April 2025 – $473,754.57
  2. STABILISATION ACCOUNT, Balance as at April 2025 – N63,535,835,786.60
  3. NATURAL RESOURCES DEVELOPMENT ACCOUNT, Balance as at April 2025 – N72,858,962,913.29

PRESENTATION ON SKILL DEVELOPMENT IN NIGERIA BY HONOURABLE MINISTER OF EDUCATION TO EQUIP 5 MILLION YOUTH WITH INCOME-GENERATING, INDUSTRY-RELEVANT AND ENTREPRENEURIAL SKILLS BY 2030

The presentation by the Honourable Minister of Education informed the Council that the National Council on Skills had, at its last meetings, chaired by the Vice President, resolved to strengthen and streamline skills development efforts across the country, through the Technical and Vocational Education Training (TVET) initiative.

Council was informed that the TVET system will comprehensively transform skilled education to deliver quality and consistency across all levels. Through a standardised framework that ensures all training programs are properly accredited and certified in a seamless and orderly manner, supported by modernised colleges, an industry-relevant curriculum, sustainable funding and a strong governance structure.

Council was informed that the coordinated and integrated initiative will integrate partnerships with all MDAs, sub-national governments and the private sector.

Council lauded the federal government’s strong commitment to TVET by integrating skills development into national education policies and budgetary allocations.

COUNCIL RESOLUTION:

Council approved key recommendations in the presentation and urged State governors to take advantage of emerging opportunities under the new initiative to train and mentor youths in digital education and skill acquisition to add value to their lives.

Considering the benefits of the programme on job creation and youth empowerment, States were advised to also fully participate in the programme irrespective of political affiliations.

PRESENTATION ON NIGERIA LIVESTOCK GROWTH ACCELERATION STRATEGY BY THE MINISTRY OF LIVESTOCK DEVELOPMENT

The purpose of the presentation is to present the strategy of the newly created Federal Ministry of Livestock Development (FMLD) to the National Economic Council. The strategy is inherited and built on the National Livestock Transformation Plan, NLTP (2018 – 2028), which was focused on modernising Nigeria’s livestock sector, with an emphasis on cattle ranching and peacebuilding.

The strategy is also built on the National Livestock Growth Acceleration Strategy (NL-GAS), refined and extended to transform the sector into an intentional jobs, wealth, exports, and tax / IGR engine.

The presentation projected that the strategy will build a $74B – $90B sector by 2035 in direct partnership between States, the private sector, and foreign investors, under a sound federal regulatory umbrella.

Investments in the programme will prioritise 5 key pillars between 2025-2026. These critical areas of focus include Animal Health and Zoonoses Control, Feed and Fodder Development, and Water Resources Management.

Others are on Statistics & Information Systems and Breed Improvement initiatives as essential components of comprehensive Livestock Value Chain Development across the country.

Council considered several prayers related to livestock development initiatives in Nigeria. The first set of requests included formally endorsing FMLD’s inheritance of NLTP, its strategic priorities and associated implementing assets; transferring to FMLD the prior committed N100 billion in resources approved by NEC to support industry modernization; creating counterpart State Ministries of Livestock Development as appropriate; and gaining access to the pool of technical support and expertise available at the Federal Ministry, particularly for animal health support and disease eradication.

Additionally, the Council reviewed proposals to work together in delivering public good investments critical to transforming Nigeria into a red meat exporter with access to key Middle East and Asian markets. This included partnering with FMLD to attract private investors to the States as well as strengthening existing ones to build an IGR source, national job growth, and export engine.

The final considerations focused on collaboration with the NL-GAS Office to domesticate the new strategy and key into the growing pool of investor engagement. There was also discussion about partnering with sub-nationals to identify key areas of investment priority and positioning on the value chain accordingly via State Investment Companies to generate IGR and jobs.

COUNCIL RESOLUTION:

Council deliberated and endorsed key recommendations of the presentation, especially the focus on addressing the crises fuelled by the current system of animal husbandry in the country.

Council also urged active participation of the sub-nationals and the private sector in operationalising the priorities of the Ministry’s presentation on modern livestock production.

NEC Okays New Textile Dev. Board, $90B Agribusiness, Livestock Development Plan

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Tegbe Woos Investors to Power 35,000 Health Facilities, Says Healthcare Electrification Biggest Energy Opportunity in Africa

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Tegbe Woos Investors to Power 35,000 Health Facilities, Says Healthcare Electrification Biggest Energy Opportunity in Africa

By: Michael Mike

The Federal Government has intensified efforts to attract local and international capital into Nigeria’s healthcare sector, with Minister of Power, Joseph Tegbe declaring the electrification of over 35,000 health facilities nationwide as one of Africa’s most attractive investment opportunities.

Speaking at the National Healthcare Electrification Investor Matchmaking Forum held in Lagos under the Nigeria Power for Health Initiative (NPHI), Tegbe urged investors to embrace innovative and sustainable financing models capable of ending the chronic energy deficits that continue to undermine healthcare delivery across the country.

The forum, organised by the Federal Ministry of Health and Social Welfare in partnership with UK PACT, brought together government officials, development partners, hospital administrators and private sector leaders to explore pathways for mobilising private capital into healthcare electrification.

Tegbe said reliable electricity had become indispensable to modern healthcare delivery, stressing that access to power was no longer merely an infrastructure issue but a critical determinant of patient outcomes, emergency response capabilities and the overall effectiveness of health institutions.

Describing himself as an early stakeholder in the initiative before assuming office as Minister of Power, he reaffirmed his commitment to driving its implementation, noting that the programme aligns with the power sector reform agenda of President Bola Ahmed Tinubu and the administration’s Renewed Hope Agenda.

According to the minister, the country’s more than 35,000 registered primary, secondary and tertiary healthcare facilities represent a vast pipeline of commercially viable projects capable of attracting investment into solar mini-grids, hybrid energy systems, battery storage technologies, smart metering, energy management platforms and climate-resilient infrastructure.

“The opportunity before investors is significant and scalable,” Tegbe said, adding that healthcare electrification offers long-term prospects for sustainable returns while addressing a critical social need.

He assured prospective investors that the Federal Government would provide the policy support, regulatory certainty and inter-ministerial coordination required to de-risk investments and ensure successful project delivery.

Tegbe disclosed that the Ministry of Power is already implementing similar interventions through the World Bank-supported Nigeria Electrification Project, under which solar mini-grids and hybrid energy solutions have been deployed in healthcare facilities across the country.

He also pointed to the provisions of the Electricity Act as a robust regulatory framework that supports power purchase agreements, mini-grid licensing and increased participation by state governments in electricity projects.

The minister maintained that the ultimate goal of the initiative is to strengthen healthcare infrastructure and position Nigeria as a preferred destination for quality healthcare services in Africa.

Also speaking at the forum, Minister of State for Health and Social Welfare, Iziaq Adekunle Salako, described the NPHI as a strategic departure from traditional donor-dependent interventions towards a commercially sustainable Energy-as-a-Service model.

Under the framework, he explained, specialised energy providers would finance, install and maintain power systems for healthcare facilities, thereby eliminating one of the most persistent obstacles to effective healthcare delivery.

Salako noted that unreliable power supply continues to threaten the operation of theatres, diagnostic equipment, vaccine cold-chain systems and emergency services across many health institutions.

He said the initiative is built on blended financing mechanisms, institutional preparedness and national scalability, with the first phase targeting federal tertiary hospitals before expanding to primary and secondary healthcare facilities nationwide.

According to him, a new governance structure has already been established to drive implementation, strengthen investor confidence and unlock private-sector participation in the healthcare energy market.

The renewed push by government signals a major attempt to leverage private investment to solve one of the healthcare sector’s most enduring challenges, while simultaneously opening a potentially multi-billion-dollar market for clean energy developers and infrastructure financiers.

Tegbe Woos Investors to Power 35,000 Health Facilities, Says Healthcare Electrification Biggest Energy Opportunity in Africa

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Muslim Media Practitioners Demand Public Holiday for Islamic New Year

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Muslim Media Practitioners Demand Public Holiday for Islamic New Year

By: Michael Mike

The Muslim Media Practitioners of Nigeria (MMPN) has renewed its call on the federal and state governments to declare the first day of the Islamic calendar, Muharram 1, a public holiday, arguing that millions of Muslims deserve the same recognition accorded Christians on January 1 of the Gregorian calendar.

The group made the demand as Muslims across Nigeria and the world marked the commencement of Hijrah 1448 A.H on Tuesday.

In a statement signed by its National President, Alhaji Abdur-Rahman Balogun, MMPN said the declaration of a public holiday for the Islamic New Year would reflect fairness, justice, and adherence to the rule of law while strengthening religious harmony in the country.

“Muharram 1 is our own January 1. We want both the Federal and state governments alike to declare it as such in the interest of religious harmony in the country,” Balogun stated.

The association argued that official recognition of the Islamic New Year would give Muslims a greater sense of belonging and further reinforce national unity in Nigeria’s multi-religious society.

MMPN also urged governments at all levels to formally recognize and use the Islamic calendar alongside the Gregorian calendar in official engagements.

The group called on the Nigerian Supreme Council for Islamic Affairs (NSCIA) to engage government authorities on the issue and other matters affecting the Muslim community.

While congratulating Muslims and non-Muslims on the new Islamic year, Balogun urged adherents of Islam to use the occasion for self-reflection, moral renewal, and prayers for the success of President Bola Ahmed Tinubu’s administration.

He also commended governors in several northern states as well as Oyo and Osun states for declaring public holidays to mark the Islamic New Year and urged other state governments to emulate the gesture.

On security, Balogun condemned ongoing attacks and killings by insurgent groups, describing them as un-Islamic, and appealed to perpetrators to embrace peace and end violence.

He further advocated tougher legislation against rape, kidnapping, and terrorism, lamenting what he described as a culture of impunity that allows many offenders to evade justice.

The MMPN president urged Nigerians to celebrate the Islamic New Year in moderation and pray for peace, stability, and progress in the country.

Muslim Media Practitioners Demand Public Holiday for Islamic New Year

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FG To Roll Out 10,000 Electric Tricycles To Nigerian Market In August, Says VP Shettima

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FG To Roll Out 10,000 Electric Tricycles To Nigerian Market In August, Says VP Shettima

Adds: President Tinubu’s priority is to move Nigeria from fragmented transport system to integrated logistics chain

By: Our Reporter

The Federal Government is set to roll out 10,000 electric tricycles for use as part of a broad plan to ease public transportation across Nigeria.

The tricycles will be distributed by the North East Development Commission (NEDC) in August, 2026 for use across the northeast region and beyond.

The Vice President, Senator Kashim Shettima, who disclosed this during a courtesy call by The Transporters For Tinubu / Shettima 2027, said the President “has approved the replication of the initiative in other parts of the country by the various regional development commissions.”

He noted that the priority of the administration of President Asiwaju Bola Ahmed Tinubu is to move Nigeria from a fragmented transport system to an integrated logistics chain where ports, rail lines, CNG-powered trucks, inland waterways, airports and local feeder roads work together to support commerce, agriculture, industry and national integration.

Senator Shettima explained that the federal government’s transport reform agenda is anchored on the nationwide rollout of Compressed Natural Gas, major port upgrades and a stronger logistics chain.

This, he said, is aimed at improving working conditions for transport workers across road, rail, maritime, aviation and pipeline operations.

VP Shettima maintained that the Tinubu administration is determined to build a transport economy that lowers the cost of movement, reduces delays at ports, connects farms to markets, strengthens national productivity and gives transporters a more dignified place in the country’s development process.

“Our vision is an unbroken logistics chain, where a container moves from a deep-sea port to a rail wagon, then to a CNG-powered truck, then to a trader in Ariaria Market or Maiduguri, without delay or policy failure,” he said.

He said the Presidential Compressed Natural Gas Initiative has begun to prove that Nigeria can use its domestic gas resources to reduce the cost of transportation, especially for heavy-duty vehicles, while government continues to address the technical and infrastructure concerns affecting smaller vehicles.

“We said CNG could cut fuel costs by over 60 per cent, and many called it fantasy. Today, heavy-duty trucks run on Nigerian gas, proving sceptics wrong and returning money to your pockets,” he stated.

Senator Shettima added that the administration is also pushing reforms in the maritime sector through the operationalisation of Lekki Deep Sea Port, the development of the National Single Window and renewed attention to inland waterways, saying the objective is to make Nigerian ports more efficient and globally competitive.

“Before this administration, clearing a container could become an encounter with frustration, corruption, and decay. We promised to unlock the blue economy. Today, with Lekki Deep Sea Port operational, the National Single Window taking shape, and inland waterways receiving attention, our ports are preparing to compete with the world’s best,” he said.

The Vice President also assured transporters that the Federal Government would continue to support policies that promote affordable fuel, insurable fleets, bankable contracts and dignified working conditions.

“This administration shall continue to stand with the Nigerian transporter. We shall continue to fight for affordable fuel, insurable fleets, bankable contracts, and dignified working conditions. We shall build roads that last, rails that stretch across this great nation, ports that breathe, and airports that reflect our pride,” he said.

Earlier in his remarks, the Technical Adviser to the Vice President on Transportation, Logistics and Innovation, Prince Segun Obayendo, said the group, which constitutes a critical engine of Nigeria’s socio-economic survival, was unanimous in its endorsement and support for the Tinubu/Shettima presidency in the 2027 presidential election.

He said the executives of all the groups in the nation’s transport sector comprising air, maritime, rail and road unions, had consulted widely and were emphatic about their conviction and support for the Tinubu administration based on its achievements across different sectors.

Prince Obayendo said the group is convinced that the administration of President Tinubu has set the country on the path of positive growth hence they are prepared to mobilise the support of members of the various unions in the transport sector to ensure Mr President’s re-election in 2027.

For his part, Secretary-General of the Maritime Workers Union of Nigeria (MWUN), Comrade Oniha Erazua, expressed gratitude to the Tinubu administration for the recognition given to unions in the transport sector in his government.

He said transporters and other stakeholders are convinced that the reforms of the Tinubu administration in the sector would yield greater dividends if sustained, hence their resolve to support the Tinubu/Shettima ticket in the 2027 election.

FG To Roll Out 10,000 Electric Tricycles To Nigerian Market In August, Says VP Shettima

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