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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
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Nigeria Reaffirms Commitment to Regional Security at MNJTF Meeting in Chad
Nigeria Reaffirms Commitment to Regional Security at MNJTF Meeting in Chad
By: Zagazola Makama
Nigeria has reaffirmed its commitment to regional cooperation and collective security efforts aimed at combating terrorism, insurgency and transnational crimes across the Lake Chad Basin.
Gen. Christopher Musa, Minister of Defense stated this during the Multinational Joint Task Force (MNJTF) meeting held on Tuesday in N’Djamena, Republic of Chad.
Musa, who attended the meeting alongside the joined defence ministers and senior military chiefs from Chad, Cameroon and Benin to review ongoing military operations and strengthen collaborative strategies for regional peace and stability.
According to the CDS, terrorism and insurgency within the Lake Chad region can only be effectively addressed through sustained regional cooperation, intelligence sharing and operational synergy among member states.
“Terrorism, insurgency and transnational threats can only be confronted through regional cooperation, intelligence fusion, synergy and sustained commitment among states,” he said.
He noted that the meeting provided an opportunity for participating countries to assess the progress of ongoing joint military operations under the MNJTF framework and identify areas requiring stronger collaboration.
Musa reaffirmed Nigeria’s resolve to continue supporting collective security initiatives aimed at restoring lasting peace and stability across the region.
“Nigeria remains steadfast in its commitment to collective security and the restoration of lasting peace across the Lake Chad Basin,” he said.
The CDS further stressed the importance of coordinated border security operations, intelligence-driven missions and enhanced military cooperation among member countries in addressing evolving security threats within the region.
The MNJTF, established by countries of the Lake Chad Basin Commission, coordinates multinational military operations against Boko Haram, ISWAP and other transnational criminal networks operating around the Lake Chad region.
Nigeria Reaffirms Commitment to Regional Security at MNJTF Meeting in Chad
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India Moves to Reset Africa Relations After 10-Year Gap, Targets Deeper Nigeria Partnership
India Moves to Reset Africa Relations After 10-Year Gap, Targets Deeper Nigeria Partnership
By: Michael Mike
The Government of India is seeking to recalibrate its strategic engagement with Africa through the forthcoming 2026 India-Africa Forum Summit, with Nigeria positioned at the centre of New Delhi’s renewed diplomatic, economic and cultural outreach to the continent.
India’s High Commissioner to Nigeria, Abhishek Singh, disclosed this in Abuja while briefing journalists ahead of the fourth edition of the India-Africa Forum Summit scheduled to hold on May 31 in New Delhi.
The summit, which is returning after a decade-long break, is expected to bring together African heads of state, ministers, business leaders, investors, diplomats and cultural stakeholders as India seeks to strengthen its influence across Africa amid growing global competition for economic and strategic partnerships on the continent.
“This summit is not merely a diplomatic gathering. It is a platform to deepen political dialogue, security cooperation, trade relations, developmental partnerships, people-to-people exchanges and cultural collaboration between India and Africa,” Singh said.
The envoy noted that the last summit was held in 2015 and argued that both Africa and India had undergone major political and economic changes since then, making the upcoming meeting particularly significant.
According to him, the summit will begin with senior officials’ engagements on May 28, followed by a meeting of foreign ministers on May 29 before the main leaders’ summit on May 31.
He disclosed that President Bola Tinubu has been invited by Indian Prime Minister Narendra Modi to lead Nigeria’s delegation to the summit.
“We would be truly honoured to have the participation of His Excellency, the President,” Singh stated.
The High Commissioner described Nigeria as a strategic pillar in India’s Africa policy, citing the country’s democratic credentials, economic weight and regional influence.
“Nigeria is Africa’s largest democracy and one of the continent’s biggest economies. We see Nigeria as emblematic of India’s relationship with Africa,” he added.
Beyond diplomatic engagements, India is also using the summit to deepen commercial and cultural ties with African countries.
Singh revealed that business forums, cultural festivals, music and dance events, as well as Track Two diplomatic engagements involving academics and private sector players, would form part of the summit activities.
“One of the major components is economic dialogue. We have invited Nigerian businessmen, industrialists and chambers of commerce to participate and redefine how we engage economically,” he said.
India said bilateral trade between Nigeria and India currently stands at between eight and nine billion dollars annually, although both countries believe there is substantial room for expansion.
According to the envoy, discussions are ongoing on improving market access, reducing trade bottlenecks and unlocking new investment opportunities in sectors such as technology, manufacturing, digital infrastructure and education.
Singh also highlighted India’s growing interest in Nigeria’s creative and entertainment industries, particularly the rising global influence of Afrobeats music.
“The Afrobeats are becoming increasingly popular in India and names like Wizkid and Davido are not just famous in Nigeria but globally recognised and increasingly popular in India,” he said.
He further stressed India’s readiness to expand collaboration with Nigeria in information and communications technology, noting that India’s global strength in ICT and digital innovation presents major opportunities for partnership with African economies.
Analysts say the renewed India-Africa engagement reflects New Delhi’s broader geopolitical strategy to strengthen economic alliances, secure new markets and deepen influence in Africa amid intensifying competition from China, the United States, Europe and Gulf countries for strategic partnerships across the continent.
For Nigeria, the summit is expected to open fresh opportunities for trade expansion, investment inflows, educational cooperation, technology transfer and cultural exchange at a time the country is seeking stronger international economic partnerships to support growth and diversification.
India Moves to Reset Africa Relations After 10-Year Gap, Targets Deeper Nigeria Partnership
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Navy supports Adamawa community with classrooms, toilets
Navy supports Adamawa community with classrooms, toilets
Vice Adm. Idi Abbas, the Chief of Naval Staff on Thursday inaugurated six blocks of renovated classrooms and newly constructed toilets at Central Primary School, Mayo-Belwa Local Government, Adamawa State.
Abbas, who was represented by the Rear Admiral Raheem Taofeek, said the project was a special intervention scheme and cooperate social responsibility of the Nigeria Navy to give back to the community.
According to him, the project is being executed by the Rear Adm. Abdulhamid Baba-Inna, the Navy Secretary in his hometown in line with the vision of President Bola Tinubu.
He encouraged the beneficiaries to use the facilities responsibly for maximum benefit.
In his remarks, Baba-Inna, said the project was to improve the learning environment to be conducive for the pupils and teachers.
“Ladies and Gentlemen, this project aligns squarely with the Nigeria Navy’s Civil-Military Cooperation and Relations framework.
“We recognise that our effectiveness is not measured solely by operational successes at sea or on the battlefield but also by the strength of our relationship with the people we serve.
“Projects such as this are deliberate efforts to build trust, foster goodwill and strengthen the bond between the military and civil society”, he said.
According to him, the classes and offices were provided with tables and chairs as well as the solar power light to enhance safety and security in the school.
Baba-Inna urged the pupils and teachers to take ownership of the project for maximum benefit.
In his remarks, Mr Adiyal Kurdah, Member I, Adamawa State Universal Basic Education Board (ADSUBEB), expressed gratitude to the Nigeria Navy for such a project.
He said the project would significantly improve enrollment, retention and quality education in the area.
Alhaji Ardo Bamanga, District Head of Mayo-Belwa, described the project as a good legacy that would help to shape the character of children to be responsible citizens in future.
The event featured presentation of learning materials to pupils, tree planting, cultural displays and awards presentations.
Navy supports Adamawa community with classrooms, toilets
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