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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
News
Breaking: Kanu fails to open defence, cites former counsel’s retention of case file
Breaking: Kanu fails to open defence, cites former counsel’s retention of case file
By: Zagazola Makama
The detained leader of the proscribed separatist group, Indigenous People of Biafra (IPOB), Nnamdi Kanu, on Friday failed to open his defence in his ongoing terrorism trial before a Federal High Court in Abuja.
Kanu attributed his inability to present his defence to the failure of his former legal team, led by former Attorney General of the Federation (AGF) Kanu Agabi, to hand over his case file, preventing him from adequately preparing.
The defendant was initially slated to open his defence on Thursday but instead announced the sacking of his legal team and requested a short adjournment until Friday.
On Friday, the prosecuting counsel, Adegboyega Awomolo (SAN), informed the court that the case was scheduled for Kanu to open his defence. When called, Kanu informed the court he could not proceed as those responsible for delivering his case file to the Department of State Services (DSS) facility, where he is being held, had failed to do so.
Kanu prayed for an adjournment until Monday, October 27, to access the case file and familiarise himself with its contents. He further stated he was expecting witnesses from the United Kingdom, the United States, Kenya, and Ethiopia, and requested an order allowing him to meet with them over the weekend for preparation.
The court granted his request, instructing the DSS to allow Kanu receive visitors on Saturday and Sunday. Justice James Omotosho adjourned the trial till October 27 for Kanu to open his defence, warning that the six days initially granted for his defence, which began on October 23, will not be extended.
Breaking: Kanu fails to open defence, cites former counsel’s retention of case file
News
Farmer injured in herders’ attack in Konduga
Farmer injured in herders’ attack in Konduga
By: Zagazola Makama
A farmer has been hospitalized after sustaining severe machete wounds in an attack by suspected herders at Jakana Village, Konduga Local Government Area of Borno State.
The incident occurred on Wednesday when a group of herders reportedly led their cattle into a beans farm belonging to locals and grazed on the crops.
During an attempt by Mohammad Ali Fantami, 30, of Kadamari Lamboa bush, to drive the cattle away, one of the herders allegedly attacked him with a machete, severing his left hand and inflicting deep cuts on his neck before escaping.
The victim was evacuated to the University of Maiduguri Teaching Hospital (UMTH), where he is said to be responding to treatment.
Efforts are ongoing to trace and apprehend the perpetrators as investigations continue into the incident.
End
News
Troops repel another ISWAP ambush, recover arms, motorcycles in Magumeri
Troops repel another ISWAP ambush, recover arms, motorcycles in Magumeri
By: Zagazola Makama
Troops of the Nigerian Army under Operation Hadin Kai have foiled a series of ambush attacks by Boko Haram and Islamic State West Africa Province (ISWAP) terrorists along the Damasak–Gubio road in Magumeri axis of Borno State.
Zagazola Makama gathered that the troops, who were on a fighting patrol as part of Operation Desert Sanity IV, came under fire from suspected terrorists on arrival at Binduldul.

Sources stated that the troops responded with superior firepower, forcing the terrorists to flee in disarray. Reinforcements led by the Commanding Officer of the Battalion later exploited the scene, recovering two motorcycles, one AK-47 rifle, five blankets, three praying mats, a spare motorcycle tyre and two gallons of engine oil.
The sources added that one terrorist was neutralised during the encounter.
Furthermore, at about 3:05 p.m. on the same day, while withdrawing from the area, the troops encountered another ambush involving an Improvised Explosive Device (IED) attack followed by heavy gunfire from ISWAP fighters near Kardio village.
The soldiers successfully repelled the assault, safely detonated another IED along their main supply route, and returned to base without any casualty.
Photographs from the operation indicated successful recovery of items and neutralisation of threats in the area.
Troops repel another ISWAP ambush, recover arms, motorcycles in Magumeri
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