Connect with us

News

Nnaji: FG to Tackle Hunger and Poverty with Science and Technology

Published

on

Nnaji: FG to Tackle Hunger and Poverty with Science and Technology

By: Michael Mike

The Federal Government on Tuesday revealed how the growing hunger and poverty in the country would be tackled.

The Minister of Innovation, Science and Technology, Uche Nnaji, said President Bola Tinubu is set to evolve science and technology to rewrite Nigeria’s story and drive hunger and poverty out of the land.

The Minister disclosed this in his keynote address at the opening ceremony of the consultative General Assembly of the West African Network of National Academies of Sciences (WANNAS) in Abuja.

Nnaji said: “It is imperative to inform you that the Administration of President Bola Ahmed Tinubu, GCFR is desirous to fight hunger and poverty through the utilization of Science, Technology and Innovation (STI).

“I like to further inform you that the Ministry is doing the needful in securing the country through our activities and programmes, geared towards job creation and wealth generation.”

He noted that the Federal Ministry of Innovation, Science and Technology was determined to diversify the Nigerian economy, stressing that it was one of the major agenda of the Federal Government through the application of Science, technology and Innovation apparatus.

The minister claimed that all through history, no nation had ever become great without paying sufficient attention to Science and Technology (S&T), stressing that some countries that were ravaged by war and conflicts, recovered, rebuilt their infrastructure and later became rich and wealthy because they utilized Innovation, Science and Technology for nation building.

He said: “The Federal Ministry of Innovation, Science and Technology, having realized the role of Innovation in the industrial revolution, has developed many policies and programmes that are critical to the advancement of the sector.”

He however said while the interdependence of West African countries innovatively, calls for synergy and collaboration in all spheres of development, charged the sub-region to switch to STI and maximize the opportunities embedded therein, insisting it would strengthen its currencies and combat the exchange rate syndrome.

He said the academia must lay a good foundation for ECOWAS to leverage on, saying the National Academies of Sciences was paramount in propagąting the campaign of a switch to innovation and industrialization the region yearned for.

The Minister said: “Permit me to conclude with a sincere appeal for synergy and collaboration among the West African Sub-region; that would quicken our quest for sustainable economic development through the utilization of the STI sector.”

Also speaking, ECOWAS Commissioner for Human Development and Social Affairs, Prof. Fatou Sarr, explained that WANNAS was a group of experts, a think-thank that could play a major role in finding solutions to numerous issues confronting the society at national, local, regional and global levels.

“The reason for our gathering today is important for the development of our countries. In fact, the living standards of a nation depend on the abundance of scientific development and technology.

“This lies in the capacity of its actors to find viable solutions to the problems of the society and contribute to the sociology-economic development of our countries,” she said.

The meeting will end on Thursday with a communique.

Nnaji: FG to Tackle Hunger and Poverty with Science and Technology

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Police arrest three suspected kidnappers in Gombe

Published

on

Police arrest three suspected kidnappers in Gombe

By: Zagazola Makama

The Gombe State Police Command has arrested three suspected kidnappers following a tip-off from credible intelligence, sources said on Friday.

Police sources said the suspects were apprehended on March 10 at about 10:00 p.m. by operatives working in conjunction with local hunters.

The arrested suspects were identified as Mohammed Abubakar, 29; Mohammed Bello, 23; and Mohammadu Ali, 25, all residents of Galda Village, Fika Local Government Area of Yobe State.

According to the report, the suspects were planning to carry out a kidnapping in an unspecified location in Bauchi State. Upon interrogation, they allegedly confessed to the planned crime.

Police said investigations were ongoing to uncover further details and apprehend any other accomplices involved in the plot.

Police arrest three suspected kidnappers in Gombe

Continue Reading

News

Youths attack and kill two army officers while responding to dispute in Cross River

Published

on

Youths attack and kill two army officers while responding to dispute in Cross River

By: Zagazola Makama

Two army officers, including an intelligence officer, were reportedly killed during a violent clash between youths in a disputed crisis zone between Isabang and Alesi communities in Obubra Local Government Area of Cross River State.

Sources told Zagazola Makama that the incident followed a conflict on March 11 when Ibrahim Musa, a 25-year-old miner from Kusa, who deals in tin ore at Ekuri village, was allegedly beaten by youths at a village checkpoint and had his mined minerals seized.

The miner reportedly reported the attack to soldiers stationed at 245 Battalion, Edor Barracks, near Jenifer Etuh’s Hospital in Ochon. Troops responded by moving into the forest to arrest four youths allegedly involved in the attack.

Residents said other youths blocked the access road to prevent the arrest and attacked the soldiers. In response, they fired which resulted to the injuries of four persons, including Christopher Agara, 27, and Ogobi Egbe, 30, while two others were evacuated for native treatment.

The attack resulted in the deaths of two soldiers.

Additional troops have since deployed additional personnel to restore order in the area, and normalcy has reportedly returned.

Youths attack and kill two army officers while responding to dispute in Cross River

Continue Reading

News

New Tax Regime to Ease Burden on Workers, Small Businesses — Tegbe

Published

on

New Tax Regime to Ease Burden on Workers, Small Businesses — Tegbe

By: Michael Mike

Chairman of the National Tax Policy Implementation Committee (NTPIC), Joseph Tegbe, has said Nigeria’s new tax regime is structured to reduce the financial burden on workers and small businesses while strengthening the country’s fiscal stability and economic competitiveness.

Speaking at the BusinessDay Tax Reform Conference 2026 themed “Navigating the New Tax Regime: What It Means for Your Wallet,” Tegbe described the reforms as the most far-reaching restructuring of Nigeria’s tax system in decades. He noted that the initiative is aimed at simplifying tax processes, promoting fairness, and creating an environment that supports economic expansion.

According to him, the reforms are anchored on four major legislations — the Nigeria Tax Act, 2025, Nigeria Tax Administration Act, 2025, Nigeria Revenue Service (Establishment) Act, 2025 and the Joint Revenue Board of Nigeria (Establishment) Act, 2025 — which collectively introduce a more coordinated and transparent tax administration framework.

Tegbe explained that the new structure provides targeted reliefs for individuals and small enterprises, ensuring that low-income earners and emerging businesses are not overburdened by taxation.

Under the new regime, individuals earning below ₦800,000 annually will be exempted from personal income tax. Workers will also benefit from a rent relief allowance of up to 20 per cent, capped at ₦500,000, among other incentives designed to ease financial pressure on households.

Small businesses are equally positioned to gain from the reforms. Companies with annual revenues below ₦100 million and assets not exceeding ₦250 million will be exempted from Company Income Tax, while nano-enterprises with annual earnings below ₦12 million will not be required to pay income tax.

Despite these relief measures, Tegbe stressed that individuals and businesses within the exempted thresholds must still maintain proper documentation of their earnings and comply with the requirement to file tax returns.

He noted that beyond the tax reliefs, the reforms will also strengthen institutional coordination among key agencies including the Nigeria Revenue Service, the Joint Revenue Board of Nigeria, the Tax Appeal Tribunal and the Office of the Tax Ombud. He added that increased digitalisation of tax processes will improve transparency, efficiency and compliance across the system.

According to Tegbe, the broader objective of the reforms is to create a tax structure that supports enterprise development, encourages investment and enhances Nigeria’s ability to mobilise revenue for national development without placing excessive strain on citizens.

“The goal is to build a tax system that works for everyone — one that supports government in delivering development while also protecting the financial wellbeing of ordinary Nigerians,” he said.

Other dignitaries at the conference included Executive Secretary of the Joint Revenue Board of Nigeria, Olusegun Adesokan; Acting Executive Chairman of the FCT Internal Revenue Service, Michael Ango; renowned economist Uche Uwaleke; and policy expert Sam Amadi, among others, who also contributed to discussions on the implications of the new tax framework for businesses and households.

New Tax Regime to Ease Burden on Workers, Small Businesses — Tegbe

Continue Reading

Trending

Verified by MonsterInsights