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Shettima To NEC: Burden Of Nigerians Is On Our Shoulders
Shettima To NEC: Burden Of Nigerians Is On Our Shoulders
*Council sets up committees on Economic Affairs, Crude Oil Theft & Management
By: Our Reporter
Vice President Kashim Shettima has charged members of the National Economic Council (NEC) to shelve the idea of vacation in the yuletide and carry on with issues of governance to ease the burden of Nigerians hanging on their shoulders.
He charged the Council members to be alive to the demands of Nigerians noting that , “as the year draws to a close, none of us in this chamber should anticipate a vacation. I tend to think so because upon our shoulders rests the weight of responsibilities from which we cannot escape. We are returning to be judged by the promises we made to be here.”
Speaking on Thursday during the 138th meeting of NEC which held virtually, the VP said his principal, President Ahmed Bola Tinubu, GCFR, has shown that the challenges inherited by his administration are surmountable, and has offered visionary leadership and presented a coherent development plan to assist in the country’s pursuit of order, abundance, and stability.
“Each of us owes their constituents the scorecard of their stewardship in these few months of translating ideas into tangible actions. That’s why we can’t afford to fail, and the new year must be, for us, a timeout to reflect on how we have fared so far and what we must do differently to keep the hope of the nation alive,” the Vice President stated.
Apparently keen about getting results of the government’s ongoing reforms in good time, the VP stressed the need for the citizens to feel the positive impact of fuel subsidy removal and forex unification, noting that high inflation and cost of living are global challenges that have affected the economies of all countries.
Shettima said they should be considered as enough “inspiration for us to come together and tackle ours through realistic interventions”.
Meanwhile, following deliberations on critical economic matters and assessments of potential short-term, medium and long-term strategies for addressing pressing economic issues, NEC set up the committees on Economic Affairs, as well as the committee on Crude Oil Theft And Management.
Both committees are to be headed by Kwara State Governor, Alh AbdulRahman AbdulRazak, and his Imo State counterpart, Senator Hope Uzodimma, respectively.
The Economic Matters committee to be chaired by Kwara State Governor, AbdulRazaq AbdulRahman, is saddled with the task of preparing a clear roadmap for dealing with petroleum subsidy, including a framework for defending wage negotiations, exchange rate management and fiscal consolidation sustainability, liquidity management and inflation, medium term investment and growth, fiscal transparency and accountability, as well as state of emergency on food production for 2024.
Members of the committee include the Gombe State Governor, representing North East; Governor of Lagos (South West); the Governor of Akwa Ibom (South-South); the Governor of Anambra (South East); the Governor of Niger (North Central), and Governor of Kaduna (North West).
Rukaiya El-Rufai, Special Adviser to the President on NEC and Climate Change is to serve as Secretary.
The second committee on Crude Oil Theft and Management, an existing NEC committee, has been reconstituted with Governor Hope Uzodimma of Imo State as the chairman.
Other members are the Governor of Ogun State representing South West; the Governor of Plateau State (North Central); the Governor of Rivers (South-South) Governor of Borno (North East); Governor of Jigawa State (North West); the Governor of Abia State (South East); Minister of Budget and Economic Planning; Minister of Finance and Coordinating Minister of the Economy; CBN Governor; GCEO of NNPCL, NDDC Chairman, and Service Chiefs.
The Secretariat will be domiciled at the Ministry of Budget and Economic Planning and the Special Adviser to the President on Economic Matters, Dr Tope Fasua will serve on the committee.
Council also received an update on account balances as at 31st October 2023. The Excess Crude Account as at 31st October, 2023 stood at $473,754.57, while the Stabilization Account was N32,063,186,474.96 during the same period. Development Of Natural Resources Account as at 31st October 2023 stood at N156,770,745,529.74.
Shettima To NEC: Burden Of Nigerians Is On Our Shoulders
NGX boss restates commitment to gender equality
The Group Chairman Nigerian Exchange Group, Dr. Umaru Kwairanga has restated the NGX’s commitment to gender equality and diversity at all levels of the organisation.
Kwairanga stated this in Lagos on Tuesday while delivering his welcome address on the occasion of the closing ceremony in honour of the Honourable Minister of Women Affairs and Social Development, Hajiya Imaan Sulaiman-Ibrahim, who visited the floor of the Nigerian Exchange.
He stated that the Nigerian Exchange Group as an organisation remained committed to inclusiveness that drive growth and development at all levels of the NGX’s dealings.
He stated that through such inclusive representation, the NGX has achieved near parity at the board levels of the organisation and was working to improve the representation of female employees down the line.
“As an institution committed to sustainable growth and practices, we recognise the important qualities and values that women bring to the workplace and know that they perform just as well, if not better than men.
“It is a tradition in finance and investment that can be traced to the origins of the banking, finance and investment professions when most of the trade guilds that evolved into those professions were largely composed of men.
“The tradition has persisted for hundreds of years but despite that nomenclature, let me assure you that the investment and securities sector is very welcoming to and open to city gentlemen who are female.
“Women are very well represented at all levels of our industry and I can confide in you that the next President of the Chartered Institute of Stockbrokers is going to be a woman,” he said.
Kwairanga stated that the NGX would partner with the Ministry to accelerate progress for women’s rights and improve the lot of female gender across the country.
He commended Sulaiman-Ibrahim for her several bold and innovative initiatives that would have positive impact on women and the country as a whole.
NGX boss restates commitment to gender equality
Benue troops neutralize one terrorist, arrest four suspects in Gwer West LGA
By: Zagazola Makama
Troops of Sector 1 Operation Wirld Stroke deployed at FOB Bilawa-Jor conducted a fighting patrol within Mbapa and Mbabuande general areas on March 23, 2026.
During the operation, troops made contact with terrorists, neutralizing one suspect while others fled.
Following a pursuit, four additional suspects were apprehended and are currently in the custody of security forces for further investigation and prosecution.
In a similar development the troops
recovered a vehicle carrying two cows abandoned by suspected cattle rustlers in Uhemba.
The incident occurred at about 0348hrs on March 24, 2026, when the troops responded to intelligence reports of rustling activities in the area.
Upon the arrival of troops, the suspects fled, leaving behind the vehicle and livestock.
The recovered vehicle and cows are now in the custody of the troops for further investigation and legal action.
Military continue to urge the public to provide timely information on criminal activities to support ongoing security efforts.
Benue troops neutralize one terrorist, arrest four suspects in Gwer West LGA
Kogi troops neutralize suspected terrorist in Kabba/Bunu LGA
By: Zagazola Makama
Troops of 12 Brigade have neutralized a suspected terrorist during a fighting patrol at Odoape–Adankolo Forest in Kabba/Bunu LGA.
The encounter occurred at about 1400hrs on March 23, 2026, when the patrol team made contact with the fleeing suspect.
Preliminary investigation identified the neutralized individual as a notorious terrorist involved in providing intelligence and targets for kidnappings, as well as participating in cattle rustling and supplying logs to terrorist groups.
The military has reaffirmed its commitment to sustaining aggressive patrols and intelligence-led operations to curb criminal activities and protect residents in the area.
Kogi troops neutralize suspected terrorist in Kabba/Bunu LGA
NGX boss restates commitment to gender equality
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Benue troops neutralize one terrorist, arrest four suspects in Gwer West LGA
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