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THE POSITION OF APC INITIATIVE FOR GOOD GOVERNANCE APC-IGG AND APC-IGG PROFESSORS WING ON PLANNED NATION WIDE PROTEST
THE POSITION OF APC INITIATIVE FOR GOOD GOVERNANCE APC-IGG AND APC-IGG PROFESSORS WING ON PLANNED NATION WIDE PROTEST
It is important to remember that, much like Rome, economic recovery cannot happen overnight, but it requires a solid foundation. Nigerians will agree that President Tinubu inherited an economy on the brink of collapse, characterized by a high level of indebtedness, with over 90% of revenue mortgaged to both foreign and domestic loans. Despite these challenges, the government, under the banner of Renewed Hope, has implemented measures to reshape the country’s economy since May 2023. These measures are particularly aimed at providing a brighter future for Nigerian youth.
One notable measure is the intervention and capitalization of MSMEs, including a N200 billion fund for various business segments across the country. Specifically, N50 billion in grants have been disbursed to over one million nano businesses, equitably distributed across all local government areas. Additionally, N150 billion in single-digit interest rate loans have been provided to hundreds of thousands of MSMEs nationwide. This initiative emphasises the significant role of state and local government authorities in grassroots development.
Furthermore, N75 billion in loans of up to N1 million each has been distributed, along with another N75 billion allocated to large-scale manufacturers employing up to 1,000 Nigerians per industry. These loans, offered at a single-digit interest rate with a five-year moratorium, are crucial for business intervention and development.The administration’s efforts extend to alleviating the short-term impact of fuel subsidy removal. To mitigate this, the government has invested N100 billion between July 2023 and March 2024 to acquire 3,000 units of 20-seater CNG-fueled buses. These buses will be allocated to major transportation companies based on travel intensity per capita, with participating companies accessing credit at 9% per annum with a 60-month repayment period. This responsibility also falls on state and local governments to ensure citizens benefit directly.
Moreover, the government inaugurated the Presidential Economic Coordination Council (PECC), involving a N2 trillion package with allocations for health and social welfare (N350 billion), agriculture and food security (N500 billion), the energy and power sector (N500 billion), and general business support (N650 billion).
To support indigent youths in tertiary institutions, President Tinubu signed the Access to Higher Education Act, 2023, on June 12, enabling students to access interest-free loans for their education.
Considering these efforts, it is essential to recognize that protests against the President might harm the economy. Instead, youths should focus on holding some of the state governors and local government chairmen accountable for economic failures, as most government policies are implemented through their channels.
The current administration, led by President Tinubu, has provided sufficient funds to state governors to meet their constituents’ demands. While the economy struggles, positive efforts by states can reduce the central government’s burden. Notably, the President has:
- Allocated N30 billion to each state to address food scarcity and hardship.
- Provided trailers of rice to each senator for their constituencies.
- Introduced a monthly stipend of N35,000 for federal workers.
- Distributed N430 billion among state governors.
The issue of local government autonomy is crucial to reducing neglect and poor economic management by state governors. While the new minimum wage of N70,000 is a step in the right direction, many states have yet to pay the previous N30,000 minimum wage, and youth protests on this matter have been sparse.
It is disappointing to see some of the state governors, who claim to be industrialists fail to manage state investments effectively, leading to over-reliance on FAAC and possibly subsequent bankruptcy. The President has laid a solid foundation for agricultural and electricity sector investments, yet few states have taken advantage of these opportunities. The pressure should not be solely on the President; state and local governments also play a crucial role.
In just one year, President Tinubu has made significant strides. State governors must be held accountable to support his efforts. If they do, Nigeria will undoubtedly improve.
Therefore, Nigerian youths should reconsider the path of agitation. Demand transparency and accountability from influencers and leaders. Opt for dialogue rather than protests. Nigeria’s renewed hope agenda promises a better future for all.
We however, also commend the laudable efforts of various state actors , the like of the Secretary to the government of the Federation, His Excellency Sen Dr George Akume of the skills and acumen he exhibited in mediation, negotiation and reconciliation with various labour leaders, which contributed tremendously, to the good and sustainable working relationship with the labour, as they disassociated with the protest.
That is the advantage of having experienced people in the government. Is like putting the square peg in a square hole.
Thank you.
Amb Musa Muhammed Tsoken National President, APC Initiative For Good Governance APC-IGG
THE POSITION OF APC INITIATIVE FOR GOOD GOVERNANCE APC-IGG AND APC-IGG PROFESSORS WING ON PLANNED NATION WIDE PROTEST
NDE disclaims message urging unemployed to register in its offices
By: Vincent Ikuomola
The National Directorate of Employment has distanced itself from the message circulating on social media urging unemployed persons to register at any NDE office nationwide.
NDE in its disclaimer said the message is fake and it did not emanate from its office.
The Directorate therefore urged the general public to disregard the message in its entirety and refrain from acting on it.
NDE management also said any official announcements, programmes, or directives from it are communicated through verified channels such as its official website, social media handles, offices nationwide and recognized media outlets.
The agency stated in a disclaimer: “The attention of the management of the National Directorate of Employment (NDE) has been drawn to a message circulating on social media urging unemployed persons to register at any NDE office nationwide, claiming the registration will last for three weeks and encouraging the public to share the information widely.
“The NDE wishes to categorically state that this information is false and did not originate from us. The public is advised to disregard the message in its entirety and refrain from acting on it.
“Any official announcements, programmes, or directives from the NDE are communicated through verified channels such as our official website, social media handles, offices nationwide and recognized media outlets.
“We urge the public to verify any information attributed to the NDE to avoid being misled by false or unauthorized communications.
NDE disclaims message urging unemployed to register in its offices
Nigeria Reaffirms Commitment to Global Sustainability at Abu Dhabi Sustainability Week
By: Michael Mike
Nigeria has reaffirmed her commitment to fostering global sustainability at the Abu Dhabi Sustainable Week held in the United Arab Emirates (UAE).
The Minister of Foreign Affairs, Ambassador Yusuf Tuggar, who made the reaffirmation on behalf of the Nigerian government,
emphasized the country’s unwavering dedication to sustainable development, climate action, and energy transition.
He also highlighted Nigeria’s pivotal role as a key player in Africa’s green energy transition and its commitment to achieving the goals of the Paris Agreement and the United Nations Sustainable Development Goals (SDGs).
Tuggar also stated that “the Abu Dhabi Sustainability Week provides an important platform for nations to collaborate, innovate, and accelerate solutions to global sustainability challenges. Nigeria is committed to fostering international partnerships and implementing policies that balance economic growth with environmental responsibility. As Africa’s largest economy, we recognize our duty to lead by example and champion a sustainable future for our continent and the world.”
The highlights of Nigeria’s participation in the event included showcasing the country’s Decade of Gas Initiative, which positions natural gas as a transitional energy source while scaling investments in renewable energy technologies such as solar, wind, and hydroelectric power.
The Minister reiterated Nigeria’s ambition to achieve net-zero emissions by 2060 and outlined ongoing projects such as afforestation programmes, renewable energy infrastructure, and climate-resilient agricultural practicesbeing undertaken by the government.
He also noted Nigeria’s willingness to partner with international stakeholders to finance and implement innovative solutions in clean energy, waste management, and sustainable urban development, while advocating for increased support for African nations in climate financing, technology transfer, and capacity-building, stressing the importance of inclusivity in global sustainability efforts.
He said: “The world is at a critical juncture where the choices we make today will define the legacy we leave for future generations. Nigeria stands ready to collaborate with our global partners to ensure that no nation or region is left behind in the quest for a sustainable future.”
The Minister, on behalf of the Federal Republic of Nigeria, extended gratitude to the government and people of the United Arab Emirates for hosting the Abu Dhabi Sustainability Week and fostering dialogue on these crucial issues.
Nigeria Reaffirms Commitment to Global Sustainability at Abu Dhabi Sustainability Week
News
KACRAN Appeals for Increased Funding for the Ministry of Livestock Development to Combat Insecurity
By: Michael Mike
In a bid to address the escalating insecurity in Nigeria, the Kulen Allah Cattle Rearers
Association of Nigeria (KACRAN) has urged the National Assembly to allocate adequate funding for the Ministry of Livestock Development.
As various Federal Ministries, Parastatals, Directorates, and Institutions appeared before the National Assembly to defend their 2025 budget. KACRAN passionately appeal for their support in prioritizing the Ministry of Livestock Development, insisting that this is essential for fostering peace and stability in the country.
In a statement on Friday, the association outlines the rationale for its request to include: “New Ministry with Significant Potential, Established by His Excellency President Bola Ahmed Tinubu, the Ministry of Livestock Development aims to resolve the ongoing conflicts between herders and farmers while enhancing food security and economic productivity. By creating millions of jobs and attracting investment in the livestock sector, this ministry holds
great promise.
“Leadership of High Calibre: KACRAN is optimistic about the ministry’s success under the leadership of distinguished individuals such as Honourable Alhaji Idi Muktar, the pioneer minister and a seasoned livestock farmer, along with Permanent Secretary, Dr. Chinyere Ijeoma
Akujobi, a Veterinary Doctor, and Mrs. Winnie Lai Solarin, the dedicated Director of Animal Husbandry Services. Their commitment to advancing government policies will significantly
benefit the livestock sector.
“Empowering Voiceless Beneficiaries: It is crucial to advocate for the voiceless beneficiaries residing in remote areas, who often have limited access to government services. The establishment of this ministry provides a vital opportunity for our members to become direct beneficiaries of national resources.
“Significant Presidential Support: The President has demonstrated a strong commitment to the livestock sector through the establishment of this ministry and the appointment of qualified personnel. It is imperative that the National Assembly recognizes the importance of this ministry
in the upcoming budget discussions
“Need for Structural Support: The Ministry currently lacks essential infrastructure necessary for its effective operation. Therefore, we urge members of the National Assembly to provide special
consideration and favorable budget allocations to ensure the ministry’s success.
“Consequences of Inadequate Funding: Insufficient funding could severely hinder the ministry’s ability to fulfill its responsibilities, which would have negative repercussions for the entire country. The livestock sector is vital for our economy, contributing significantly to revenue
generation and providing essential products consumed by nearly all Nigerians.”
KACRAN said: “In light of the numerous benefits that an effectively functioning Ministry of Livestock Development can bring, once again we appeal to members of the National Assembly to consider multiplying or tripling the proposed budget for this ministry. Such action will pave the
way for increased agricultural production, job creation, economic growth, resolution of conflicts between herders and farmers, and the establishment of lasting peace in Nigeria.”
It extended heartfelt gratitude to President Tinubu for establishing the Ministry
and the appointment of capable leadership, while calling upon all Northern Governors to expedite the establishment of similar ministries in their states.”
KACRAN Appeals for Increased Funding for the Ministry of Livestock Development to Combat Insecurity
NDE disclaims message urging unemployed to register in its offices
Nigeria Reaffirms Commitment to Global Sustainability at Abu Dhabi Sustainability Week
KACRAN Appeals for Increased Funding for the Ministry of Livestock Development to Combat Insecurity
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