Connect with us

News

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

Published

on

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

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Nigeria, Iran Pledge to Strengthen South–South Cooperation

Published

on

Nigeria, Iran Pledge to Strengthen South–South Cooperation

By: Michael Mike

Nigeria and Iran have reaffirmed their commitment to deepening South–South cooperation and expanding bilateral relations, as officials, diplomats, and subnational leaders gathered in Abuja to mark the 47th anniversary of Iran’s Islamic Revolution.

Speaking at the event, Iranian Ambassador to Nigeria, Gholamreza Mahdavi Raja, described the anniversary as an opportunity to reflect on Iran’s journey since 1979 and to strengthen partnerships with friendly nations like Nigeria.

“The Islamic Revolution of Iran was not merely a transfer of political power; it marked the beginning of national sovereignty, popular governance, and the restoration of the dignity and independence of the Iranian nation,” he said.

Raja highlighted Iran’s achievements over the past four decades despite regional and global challenges, citing progress in science and technology, healthcare, industrial production, infrastructure, and non-oil exports. He also emphasized Iran’s commitment to balanced diplomacy, dialogue, and multilateralism, positioning the country as a responsible actor on regional and global stages.

On bilateral relations, Raja noted that Nigeria held a strategic position in Iran’s Africa policy, while Iran’s expertise in energy, industry, agriculture, healthcare, technology, and education made it a reliable partner for Nigeria’s development goals. “The deepening of friendly relations between Iran and Nigeria will not only serve the national interests of both countries but will also strengthen South–South cooperation and contribute to global peace and development,” he said.

Representing the Nigerian government, Ambassador Bukar Buni Hamman, Director of the Regions Department at the Ministry of Foreign Affairs, conveyed goodwill to Iran on the anniversary. He acknowledged the growth of economic ties between the two nations in sectors such as energy, agriculture, manufacturing, and consumer goods, highlighting opportunities for further diversification under South–South cooperation.

Nigeria, Iran Pledge to Strengthen South–South Cooperation

Continue Reading

News

NiDCOM Hails Nigerians’ Historic Triumph at 2026 Grammy Awards

Published

on

NiDCOM Hails Nigerians’ Historic Triumph at 2026 Grammy Awards

By: Michael Mike

The Chairman and Chief Executive Officer of the Nigerians in Diaspora Commission (NiDCOM), Hon. Abike Dabiri-Erewa, has congratulated three Nigerians of global acclaim — Shaboozey, Tyler, the Creator, and Cynthia Erivo — on their landmark victories at the 2026 Grammy Awards.

In a statement issued on Tuesday, Dabiri-Erewa described the Grammy wins as a moment of immense pride for Nigeria, noting that the achievements underscore the far-reaching impact of Nigerian talent and heritage on the world’s biggest cultural stages.

She said the success of Shaboozey, born Collins Obinna Chibueze; Tyler, the Creator, born Tyler Gregory Okonma; and award-winning actress and singer Cynthia Erivo, born Cynthia Chinasaokwu Onyedinmanazu Amarachukwu Owezuke Echimino Erivo, reflects the creativity, resilience and excellence deeply rooted in Nigerian identity.

According to Dabiri-Erewa, their recognition at one of the world’s most prestigious music awards goes beyond individual accomplishment, representing a collective celebration of Nigerians and people of Nigerian descent across the global diaspora.

She also acknowledged the continued global influence of Nigeria-based artistes such as Davido, Burna Boy, Ayra Starr and Wizkid, whose works have helped elevate Nigerian music and culture on the international stage.

The NiDCOM boss stressed that despite being based abroad, the Grammy-winning artistes remain unmistakably Nigerian in heritage, family history and cultural identity, adding that their success continues to amplify Nigeria’s rich cultural footprint worldwide.

Dabiri-Erewa urged Nigerians at home and in the diaspora, as well as the media and cultural institutions, to embrace a more inclusive definition of national pride — one that recognises Nigerian excellence wherever it emerges.

She noted that celebrating the achievements of Nigerians in the diaspora strengthens national unity, enhances Nigeria’s global image and serves as inspiration to younger generations aspiring to make their mark internationally.

The 2026 Grammy Awards saw several milestones for artistes of Nigerian heritage, further reinforcing Nigeria’s growing influence in global music and entertainment.

NiDCOM Hails Nigerians’ Historic Triumph at 2026 Grammy Awards

Continue Reading

News

ECOWAS Launches Women’s Economic Empowerment and Digital Peacebuilding Pilot in Benue

Published

on

ECOWAS Launches Women’s Economic Empowerment and Digital Peacebuilding Pilot in Benue

By: Michael Mike

The Economic Community of West African States (ECOWAS) has launched a pilot initiative aimed at strengthening economic empowerment and digital peacebuilding among women in Benue State, as part of efforts to address the prolonged humanitarian and displacement crisis in North-Central Nigeria.

The project, implemented through ECOWAS’ Directorate of Trade and the Directorate of Humanitarian and Social Affairs in partnership with the Benue State Government, targets women-led community-based organisations working on Women, Peace and Security (WPS) in conflict-affected communities.

The launch coincided with the start of a five-day capacity-building programme running from February 9 to 13, featuring a Training of Trainers (ToT) for 12 participants drawn from community-based organisations, civil society groups and internally displaced persons (IDP) camps.

The trained participants are expected to cascade the knowledge through step-down sessions that will reach at least 60 women and girls in selected IDP camps and host communities across the state.

The initiative responds to the persistent displacement and humanitarian challenges in Benue State and aligns with the state’s Durable Solutions Action Plan, which prioritizes sustainable reintegration of displaced persons through livelihood recovery, peacebuilding and community resilience.

ECOWAS said the pilot recognises the critical role played by women-led grassroots organizations in mobilising communities, promoting social cohesion and advancing peace in areas affected by conflict. The project is designed to strengthen their institutional capacity while equipping conflict-affected women and girls with practical economic and digital skills.

Anchored in ECOWAS Vision 2050, the Trade and Gender Action Plan and the ECOWAS E-Commerce Strategy (2023), the pilot integrates economic empowerment, digital literacy and digital peacebuilding through a cascade training model. Trained WPS organizations will deliver step-down sessions directly within IDP camps and host communities.

Speaking at the opening ceremony, ECOWAS Director Dr. Sintiki Tarfa-Ugbe described the initiative as a strategic intervention that empowers women-led organizations to drive durable solutions at the grassroots while harnessing digital tools to promote inclusion, resilience and peace.

She noted that strengthening women’s economic agency and digital capacity is essential to building sustainable peace in fragile and displacement-affected communities.

In her remarks, the Secretary to the Benue State Government, Barrister Aber Serumum Deborah, commended ECOWAS for the initiative, saying it would reinforce grassroots peacebuilding efforts and enhance women’s participation in implementing the state’s Durable Solutions Action Plan.

According to her, the project will also contribute to livelihood recovery for women and girls affected by conflict, while strengthening community ownership of peace and reintegration processes.

The pilot will be implemented over a two-month period, beginning with preparation and adaptation of training modules, followed by training delivery, monitoring and documentation. ECOWAS said the initiative is expected to produce a scalable model that can be replicated across other Member States in the region.

The launch ceremony was attended by representatives of the Benue State Government, humanitarian and displacement-response agencies, civil society organisations, non-governmental organisations, internally displaced persons, as well as officials from ECOWAS and the International Organization for Migration (IOM).

ECOWAS said the initiative underscores its commitment to placing women and girls at the centre of durable solutions and sustainable peacebuilding in West Africa, leveraging digital innovation to address immediate recovery needs while laying the foundation for long-term regional impact.

ECOWAS Launches Women’s Economic Empowerment and Digital Peacebuilding Pilot in Benue

Continue Reading

Trending

Verified by MonsterInsights