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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
ECOWAS Leaders Warn Democracy Must Deliver and Peace Must Be Built as West Africa Faces Rising Instability
ECOWAS Leaders Warn Democracy Must Deliver and Peace Must Be Built as West Africa Faces Rising Instability
By: Michael Mike
West African leaders have issued a joint warning that democracy in the region is under growing strain and must begin to produce visible results for citizens, while also stressing that peace cannot be imposed but must be deliberately built through dialogue and cooperation.
The concerns were raised at the opening of the 2026 First Ordinary Session of the ECOWAS Parliament held on Monday in Abuja, where regional lawmakers gathered amid rising insecurity, democratic reversals, and increasing public dissatisfaction across parts of West Africa.
Speaker of Nigeria’s House of Representatives, Tajudeen Abbas, warned that the survival of democratic governance in the sub-region now depends on its ability to deliver tangible outcomes in security, economic stability, and public welfare.
He said while citizens across West Africa continue to reject military rule, their patience with democratic systems is weakening due to poor governance outcomes and rising socio-economic hardship.
Abbas noted that declining voter trust, weak institutions, and recurring unconstitutional changes of government reflect deeper structural problems that democratic systems must urgently address.
“The issue is not whether democracy remains the preferred system, but whether it is delivering sufficiently to sustain that preference,” he said, warning that governance failures could further expand the space for instability.
The Nigerian Speaker also pushed for a stronger and more empowered ECOWAS Parliament, arguing that its current advisory status limits its ability to respond effectively to regional crises.
He renewed calls for reforms including enhanced legislative authority, stronger oversight powers, and improved enforcement mechanisms for regional agreements.
According to him, previous proposals to strengthen the Parliament have yet to be fully implemented, but the present instability across the region makes such reforms more urgent.
“A Parliament with limited influence cannot adequately respond to democratic reversals, security pressures, and economic uncertainty,” Abbas said.
Abbas also defended Nigeria’s recent economic reforms, including fuel subsidy removal and exchange rate unification, describing them as difficult but necessary decisions taken within a democratic framework.
He said early results show increased fiscal inflows to subnational governments and improved capacity for infrastructure and social investment, while acknowledging that challenges persist.
He argued that Nigeria’s experience demonstrates that even tough reforms can be implemented without resorting to military intervention, warning against a growing tendency toward unconstitutional power shifts in parts of the region.
In a separate address, the Speaker of the ECOWAS Parliament, Hadja Mémounatou Ibrahima, stressed that peace in West Africa cannot be declared or imposed by authority, but must be carefully built over time.
She said the region is facing a period of heightened geopolitical uncertainty, adding that “no region is immune” to the global spread of instability and conflict.
“The message must be clear: peace cannot be decreed — it must be patiently built through dialogue, cooperation, and mutual respect,” she said, urging member states to deepen collaboration in addressing shared challenges.
Ibrahima also highlighted ongoing reforms within the regional bloc, noting that ECOWAS is undergoing a strategic reassessment of its future direction.
She announced that the upcoming ECOWAS Future Summit scheduled for 21 May in Lomé, Togo, will focus on accelerating the implementation of ECOWAS Vision 2050.
The summit is expected to explore how regional integration can be strengthened and adapted to emerging political, economic, and security realities across West Africa.
Both leaders, though speaking separately, converged on a central message: that West Africa is at a critical turning point where democratic legitimacy must be reinforced by effective governance, and peace must be actively constructed through cooperation rather than assumed.
They warned that without stronger institutions, improved governance delivery, and deeper regional collaboration, the region risks further democratic setbacks and prolonged instability.
The session continues as ECOWAS lawmakers deliberate on strategies to strengthen democratic resilience and regional integration amid mounting challenges across West Africa.
ECOWAS Leaders Warn Democracy Must Deliver and Peace Must Be Built as West Africa Faces Rising Instability
News
Troops Arrest Suspected Terrorist Informant in Borno
Troops Arrest Suspected Terrorist Informant in Borno
By Zagazola Makama
Troops of the Nigerian Army have arrested a suspected informant linked to ISWAP/JAS terrorist groups in Ngamdu, Kaga Local Government Area of Borno State.
Security sources said the suspect was apprehended at about 6:00 p.m. on May 3 by troops of 154 Battalion at Ngamdu market following sustained surveillance.
The sources disclosed that the suspect had been on a security watchlist prior to his arrest.
According to the sources, items recovered from him include a mobile phone, the sum of ₦1,150, and other sundry materials.
They added that the suspect is currently in military custody and undergoing interrogation.
The sources noted that further investigations are ongoing to establish his role and possible links within terrorist networks operating in the area.
Troops Arrest Suspected Terrorist Informant in Borno
News
Troops Conduct Offensive Operation in Gwoza, Destroy Suspected Terrorist Structures
Troops Conduct Offensive Operation in Gwoza, Destroy Suspected Terrorist Structures
By Zagazola Makama
Troops of the Nigerian Army have conducted an offensive operation in Gwoza Local Government Area of Borno State, targeting suspected terrorist hideouts and support structures.
Security sources said the operation was carried out at about 9:20 a.m. on May 1 by troops of 153 Task Force Battalion, operating alongside volunteer forces and hybrid troops deployed at Kirawa.
The sources disclosed that the joint team advanced to Gakara high ground and Ndova village during the operation.
According to the sources, no direct contact was made with terrorist elements during the mission.
They added, however, that troops destroyed several suspected terrorist logistics and life-support structures identified within the general area.
The sources noted that the operation is part of ongoing clearance efforts aimed at denying insurgents freedom of movement and operational bases within the Gwoza axis.
Troops Conduct Offensive Operation in Gwoza, Destroy Suspected Terrorist Structures
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