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THE POSITION OF APC INITIATIVE FOR GOOD GOVERNANCE APC-IGG AND APC-IGG PROFESSORS WING ON PLANNED NATION WIDE PROTEST

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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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Aftermath of Modi’s Visit: Nigeria Should Expect Rise in Already Existing Over 200 Indian Companies, Growth in $27 billion Indian investment, Indian Government Promises

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Aftermath of Modi’s Visit: Nigeria Should Expect Rise in Already Existing Over 200 Indian Companies, Growth in $27 billion Indian investment, Indian Government Promises

By: Michael Mike

Nigeria should expect more Indian investment in Nigeria with the growth in over 200 companies presently operating in the country and increase in the present investment of over $27 billion in the nation’s economy by Indian interest, the Indian government has assured.

Addressing the media on Sunday in Abuja on the fallout from the visit of Indian Prime Minister, Narendra Modi to the country, the Secretary of Economic Relations at India’s Ministry of External Affairs, Dammu Ravi, said: “While Indian companies are very strong in the traditional areas of manufacturing in Nigeria, with more than 200 companies having invested $27 billion in the economy here, there are new areas that are being identified, which include, as we discussed, the agriculture part of it, particularly lentils and other things which are being considered as a possibility. Then irrigation services, seed, hybrid seed development, research and development on good seeds, climate-resistant seeds and other things are being considered so that that area can also come into focus between the two countries.

“So we talked about mining, we talked about various issues pertaining to small and medium enterprises, the skill development part of it.

“Already we have some experts who have been training for more than six months in SMEDAN over here, entrepreneurial development skills. And also through the Indian Technical and Economic Cooperation where we have been sending people to India for skill development, that also came into focus. So we would be considering all these things too, we are diversify the areas of our cooperation in trade and economic relations, as well as to strengthen our trade cooperation.”

He also revealed that India is interested in further investment in Nigeria’s oil and gas industry, stating that: “There was a very good concentration of topic on oil and gas investment. Some Indian companies are already working on the CNG areas, which is the focus area of the President also. There are companies which are working in CNG city-wide network as well as setting up the outlets for CNG over here. CNG kits are being also sent over here so that it can be put in the cars and vehicles to use the CNG.”

He noted that on pharmaceuticals and medicine, there are nearly $4 billion of investment by Indian companies in the pharmaceutical sector here in Nigeria, and there is already existing eye hospitals of India in Abuja and Lagos, as well as another multi-speciality hospital.

He said: “I can also tell you that there is going to be a bigger hospital, a 300-bed hospital that has come up in Abuja, which will be open very shortly with expert doctors and technicians and others from India with modern technology. So that hospital chain would also be expanding itself into other geopolitical areas too.”

He said India, in agreement with Nigeria, looks forward to the reform of the United Nations Security Council, stating that there is urgent need to update the global governance structure to reflect current realities.

He noted that the existing structure, established in 1945, no longer meets the needs of the modern world and that significant changes are required.

Ravi highlighted the shared stance of India and Nigeria in advocating for a more inclusive Security Council, pointing out that both nations represent the interests of the Global South, which remains underrepresented in international decision-making.

He insisted that: “The world has changed significantly since the establishment of the UN, but the Security Council’s structure has not evolved accordingly.

“Nigeria and India are on the same page on the need for reform. We have to keep working on that in different forums to sensitise the countries on the need for our positions.”

The call for reform came as part of a broader effort by developing nations to secure a greater voice in global governance.

Ravi underscored the importance of unity among countries in the Global South, including major players like India and Nigeria, to advocate effectively for changes in the UNSC’s composition.

The UNSC currently has 15 members, including five permanent members with veto power: the United States, Russia, China, the United Kingdom, and France.

However, despite having 54 member states in the UN, Africa lacks permanent representation.

The US recently proposed expanding the council to include two permanent seats for African countries, with Nigeria, South Africa, and Egypt emerging as leading contenders due to their economic and political influence.

According to Ravi, the key to successful reform lies in collective action.

He noted that countries from the Global South, which have experienced significant political and economic growth over the past few decades, should have a more substantial role in international decision-making.

He said, “We need to build this understanding that there is a need for the UN reform and that is the fundamental. The reform is necessary and it has to be done quickly.”

Addressing the question of African representation, Ravi acknowledged that Africa has its own consensus on the need for reform.

However, he pointed out the complexity of aligning the positions of various African nations with those of other countries advocating for change, such as India.

Aftermath of Modi’s Visit: Nigeria Should Expect Rise in Already Existing Over 200 Indian Companies, Growth in $27 billion Indian investment, Indian Government Promises

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Senator Lawan Acknowledges APC Party Efforts Across Borno Central, Shows Appreciation Through Generous Gestures

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Senator Lawan Acknowledges APC Party Efforts Across Borno Central, Shows Appreciation Through Generous Gestures

By: Our Reporter

Senator Kaka Shehu Lawan, SAN, representing Borno Central Senatorial District, has reaffirmed his commitment to consolidating the achievements of the All Progressives Congress (APC) in the state and advancing the “Renewed Hope Agenda” of President Bola Ahmed Tinubu.

This was conveyed at an event held at GRA Primary School, where Hon. Ali Umar Bolori, Special Adviser (Political) to Governor Babagana Umara Zulum, delivered the senator’s goodwill message.

In the message, Senator Kaka Shehu Lawan highlighted his accomplishments in delivering democratic dividends, including empowerment programs, skills acquisition initiatives, and sponsorship of impactful bills aimed at fostering development across the state. Despite his short tenure of two years in office, his efforts have earned praise from party leaders and constituents.

In their remarks, Alhaji Waziri Bukar, Chairman of APC MMC, and Alhaji Kachallah Maifata, Jere Local Government Chairman, commended the senator for instilling confidence among constituents through credible representation in the Senate.

To appreciate the dedication of APC party machinery, Senator Kaka Shehu Lawan distributed 920 bags of rice and ₦500,000 to each of the 15 wards in MMC and 12 wards in Jere. He assured that similar gestures would soon be extended to other local governments in Borno Central.

Party executives expressed gratitude for the senator’s generosity and pledged continued support and prayers.

The event was graced by notable dignitaries, including Hon. Abba Kyari Abba Kolo, Member of the Borno State House of Assembly (Jere); Hajiya Inna Galadima, Executive Chairman of Jere; and members of the APC State Executive Council.

Senator Lawan Acknowledges APC Party Efforts Across Borno Central, Shows Appreciation Through Generous Gestures

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Nigerian Army troops recover arms, dismantles refining sites, and seizes stolen oil in Niger Delta

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Nigerian Army troops recover arms, dismantles refining sites, and seizes stolen oil in Niger Delta

By: Michael Mike

Troops of the Nigerian Army’s 6 Division, in collaboration with other security agencies, have intensified anti-oil theft and illegal refining operations across the Niger Delta.
In a statement Acting Deputy Director, Army Public Relations 6 Division Lieut. Col. Danjuma Jonah Danjuma said between November 11 and 17, 2024, the forces recorded significant successes, including the deactivation of 46 illegal refining sites, the seizure of 47 boats used for transporting stolen oil, and the recovery of over 95,000 litres of stolen petroleum products. Twenty-eight suspected oil thieves were also apprehended.
He said in Rivers State, troops acted on intelligence regarding vandalism along the Oando pipeline in Ogba/Egbema/Ndoni Local Government Area (ONELGA). Armed vandals exchanged fire with the troops but fled after being overwhelmed. Soldiers recovered an AK-47 rifle, a loaded magazine, and additional ammunition.
Danjuma said in Obiafu-Ndoni, a major bust intercepted wooden boat carrying 28,320 litres of stolen crude oil. Seven suspects were arrested. Operations in Buguma, Asari Toru LGA, dismantled illegal refining sites, confiscating 9,500 litres of stolen products.
He said further efforts in Degema LGA, including Tuma and Krakrama areas, led to the destruction of numerous wooden and fibre boats and the recovery of 10,500 litres of stolen Automotive Gas Oil (AGO). In Bille, a wooden boat with 2,500 litres of stolen products was intercepted, while in Obiafu Oil Field and along the Imo River stretch, troops dismantled illegal refining sites, destroying 16 boats and recovering over 19,000 litres of stolen petroleum products.
In Bayelsa, operations in Ekeremor and Nembe LGAs resulted in the deactivation of illegal refining sites and the recovery of over 12,500 litres of stolen oil. Danjuma said A significant seizure included 600 vandalized Shell Petroleum Development Company pipes.
In Delta troops intercepted a Sienna bus carrying stolen condensates near Oyede in Isoko South LGA. The driver abandoned the vehicle upon sighting troops. A pipeline breach in Afiesere, Ughelli North LGA, was also reported and secured.

In Akwa Ibom, several vehicles carrying 2,160 litres of stolen AGO were intercepted in Ikot Abasi LGA, leading to the arrest of five suspects.
Major General Jamal Abdussalam, General Officer Commanding 6 Division, reaffirmed the Army’s commitment to safeguarding critical infrastructure and dismantling criminal networks. He assured the public that operations would persist to bolster oil output and secure national assets.

Nigerian Army troops recover arms, dismantles refining sites, and seizes stolen oil in Niger Delta

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