National News
NEC Okays New Textile Dev. Board, $90B Agribusiness, Livestock Development Plan
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:
- EXCESS CRUDE ACCOUNT (ECA), Balance as at April 2025 – $473,754.57
- STABILISATION ACCOUNT, Balance as at April 2025 – N63,535,835,786.60
- 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
National News
Fuel Crisis: ActionAid Urges FG to Deploy Emergency Measures as Global Conflict Deepens Hardship
Fuel Crisis: ActionAid Urges FG to Deploy Emergency Measures as Global Conflict Deepens Hardship
By: Michael Mike
ActionAid Nigeria has called on the Federal Government to urgently roll out emergency economic relief measures as the ongoing conflict involving Iran, Israel and the United States continues to disrupt global oil markets and worsen the economic hardship faced by Nigerians.
The organisation raised the alarm in a statement issued in Abuja on Sunday, warning that the crisis, which has persisted for more than a month, is already pushing millions of Nigerians deeper into poverty through rising fuel prices, transport fares and food costs.
According to the group, the absence of a clear and coordinated response from the Federal Government to cushion the effects of the global energy shock is deeply troubling.
While noting that global crude oil prices have surged from an average of about seventy-five to eighty dollars per barrel before the escalation of the conflict to roughly one hundred dollars per barrel due to supply disruptions in the Middle East, the organisation said Nigeria should be benefiting from the price increase.
It explained that with Nigeria’s daily crude oil production currently averaging between 1.3 million and 1.5 million barrels per day, the country is earning significantly more revenue from oil exports, yet these gains have not translated into relief for citizens struggling with soaring fuel costs.
The organisation said petrol prices are currently selling between N1,200 and N1,400 per litre across many parts of the country, while diesel prices remain persistently high.
It noted that the impact is being felt across all sectors of the economy, with transport fares surging, food prices rising and the cost of essential goods and services climbing beyond the reach of many households.
Speaking on the situation, the Country Director of ActionAid Nigeria, Andrew Mamedu, said the hardship faced by Nigerians reflects both the global crisis and long-standing domestic policy failures.
“It is unacceptable that Nigerians continue to suffer the consequences of global oil price increases while the country fails to translate its oil wealth into protection for its people,” he said.
Mamedu added that other countries facing similar shocks have implemented proactive measures to shield their citizens.
He cited examples of governments in Asia introducing price stabilisation policies, public transport support schemes and financial assistance to households in order to mitigate the effects of rising energy costs.
He noted that countries such as Thailand have deployed mechanisms such as the Oil Fuel Fund to cap fuel prices, while Indonesia has used subsidy compensation and public funds to reduce the impact of global price increases on citizens.
According to him, Nigeria must demonstrate similar urgency by implementing strong social protection measures.
The organisation said rapid community engagements conducted across several states indicate that many households are already adopting distress coping strategies, including skipping meals, withdrawing children from school due to transportation costs and borrowing money to survive.
It also warned that small and medium-sized enterprises are scaling down operations or shutting down completely due to rising diesel and logistics costs, while informal workers are experiencing declining incomes.
To address the situation, ActionAid Nigeria urged the Federal Government, in collaboration with state and local authorities, to deploy a coordinated emergency response that includes targeted cash transfers to vulnerable households and informal businesses.
The organisation also called for the temporary reintroduction of fuel subsidies for petrol and diesel, financial support for public transport systems to curb fare increases and the suspension or reduction of taxes and port charges contributing to high fuel prices.
Other recommendations include expanding the crude-for-naira framework to stabilise domestic fuel supply, protecting food distribution and health logistics from rising transportation costs and enforcing fuel consumption reduction measures across public institutions.
In addition, the group urged private sector employers to provide welfare support for workers, including transport assistance, flexible work arrangements and cost-of-living adjustments.
It also called on state and local governments to strengthen community-level safety nets, monitor market practices to prevent exploitation and ensure that relief measures reach vulnerable populations quickly.
“The global crisis may be beyond Nigeria’s control, but the government’s response is not,” the organisation said.
“One month into this crisis, continued inaction is unacceptable. Immediate and decisive steps must be taken to protect Nigerians from further hardship.”
Fuel Crisis: ActionAid Urges FG to Deploy Emergency Measures as Global Conflict Deepens Hardship
National News
Easter: Church Targets Spiritual Renewal, Community Impact with Power-Packed Programme
Easter: Church Targets Spiritual Renewal, Community Impact with Power-Packed Programme
By: Michael Mike
As Christians prepare for the Easter season, the City of Truth and Grace Assembly has positioned its 2026 celebration as more than a routine observance, unveiling a spiritually driven programme aimed at fostering personal transformation and strengthening community bonds.
Themed “The Power of Resurrection,” the church said the initiative is designed to rekindle faith, inspire hope, and provide a platform for collective spiritual engagement at a time when many people are seeking renewal amid prevailing social and economic pressures.
The programme, to be hosted by Dipo Fisho, will begin on Good Friday with a family-focused prayer session which organisers describe as a strategic gathering to address both personal and societal challenges through intercession.
According to the church, the prayer session will emphasise unity, healing, and divine direction for families and the wider community.
The Easter activities will culminate on Easter Sunday with a special worship service centred on the message of resurrection, renewal, and spiritual rebirth.
Organisers explained that the programme goes beyond worship services, incorporating moments of fellowship such as a love feast aimed at strengthening relationships among church members and welcoming first-time attendees while reinforcing the central Easter message of love, sacrifice, and redemption.
“This is not just a celebration; it is a call to experience transformation and new beginnings,” the church said, adding that the programme has been carefully curated to deliver both spiritual inspiration and emotional impact.
The event will take place at The Grounds Sport Arena, with activities scheduled for 5:00 p.m. on Good Friday and 8:00 a.m. on Easter Sunday.
With expectations of a large turnout, the church said the programme—also tagged “The Power of Resurrection”—is open to people of all backgrounds and is intended to inspire faith, unity, and a renewed sense of purpose.
Residents across the city have been encouraged to participate, as organisers project the gathering as a significant Easter convergence focused on renewal, hope, and shared spiritual experience.
Easter: Church Targets Spiritual Renewal, Community Impact with Power-Packed Programme
National News
Germany, Agrofood Fair Drive Investment and Technology for Nigeria’s Food Processing Sector
Germany, Agrofood Fair Drive Investment and Technology for Nigeria’s Food Processing Sector
By: Michael Mike
Stakeholders from government, industry and the diplomatic community have intensified efforts to mobilise investment and modern technology to strengthen Nigeria’s food processing and packaging sector, as the 11th edition of Agrofood Nigeria concluded in Lagos.
The push was highlighted during a networking event hosted by the German Consulate General Lagos, where Nigerian agribusiness stakeholders, German exhibitors and members of the German diplomatic and business community discussed opportunities to deepen collaboration across Nigeria’s agri-food value chain.
Speaking at a press briefing, the German Consul General in Lagos, Daniel Krull, said strengthening agriculture and food processing is central to Nigeria’s long-term economic growth and food security.
Krull noted that improving the country’s food processing capacity would not only reduce post-harvest losses but also stimulate industrial growth, create jobs and enhance Nigeria’s ability to meet domestic food demand.
He pointed to Germany’s global strength in food processing technology as evidence of how innovation can transform agricultural output into competitive products.
According to him, Germany remains Europe’s largest exporter of coffee despite not cultivating the crop domestically, a feat made possible through advanced processing technology and value-addition capabilities that tailor products to consumer needs.
“Agriculture and food processing are key to addressing food insecurity and unlocking economic potential. Technology and innovation will play a decisive role in enabling Nigeria to fully harness these opportunities,” Krull said.
The annual exhibition, organised by German trade fair company fairtrade Messe GmbH, brings together players across the entire food value chain—from food production and ingredient manufacturing to processing equipment, packaging technologies and finished product distribution.
Managing Director of fairtrade Messe, Paul März, described the event as a vital marketplace where businesses across Nigeria and West Africa connect with global technology providers.
“It is a meeting point and market place where industry meets once a year for Nigeria and West African countries to come to Lagos to discuss products with exhibitors,” he said.
Now in its 11th year in Nigeria, the exhibition featured 137 companies from 17 countries presenting equipment and technological solutions aimed at strengthening food production, processing and packaging.
Since 2017, the fair has also hosted an official German Pavilion supported by the German Government, providing a platform for German manufacturers to showcase advanced machinery designed to improve Nigeria’s food processing capacity.
Organisers said the initiative is aimed at boosting Nigeria’s food self-sufficiency by introducing technologies that reduce dependence on imported food products while encouraging domestic production and industrialisation.
März said the exhibition has already contributed to noticeable improvements in Nigeria’s food processing ecosystem, particularly in the area of packaging and the development of new supply chains.
However, he stressed that significant gaps remain, especially in packaging technology needed to extend shelf life and meet international export standards.
According to him, several companies participating in the fair have already sold machines for sachet packaging, milk powder processing, PET bottling and recycling to Nigerian businesses.
“With its long-term approach, Agrofood will continue to hold yearly in Nigeria to provide even more solutions to existing problems such as food safety, recycling and processing,” he said.
Krull also highlighted Germany’s broader economic engagement with Nigeria, revealing that Germany currently maintains a development portfolio of about €570 million in the country.
He explained that beyond trade exhibitions, the German government supports Nigerian businesses through technical advisory services, vocational education and training programmes as well as financing opportunities for small and medium-scale enterprises.
These include credit facilities and financial support windows facilitated through the German Desk at Access Bank, which provides funding options for businesses seeking to invest in food processing technology.
German companies already operating in Nigeria are also investing heavily in workforce training to ensure local staff can operate and maintain advanced industrial equipment, thereby strengthening technology transfer.
While acknowledging challenges confronting Nigeria’s agri-food sector—including insecurity, financing constraints, regulatory issues and energy shortages—Krull stressed that such obstacles should not deter stakeholders from taking decisive action.
He said Nigeria possesses the natural resources, entrepreneurial capacity and market potential needed to achieve significant growth in the food processing sector if investment, technology and policy support are effectively aligned.
By connecting entrepreneurs, investors and technology providers, he added, initiatives like Agrofood Nigeria could play a pivotal role in accelerating the transformation of Nigeria’s agricultural economy.
Germany, Agrofood Fair Drive Investment and Technology for Nigeria’s Food Processing Sector
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