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TINUBU ADMINISTRATION MOBILIZES HALF A BILLION DOLLARS FOR NIGERIA’SFOOD SYSTEM TRANSFORMATION – VP SHETTIMA

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TINUBU ADMINISTRATION MOBILIZES HALF A BILLION DOLLARS FOR NIGERIA’S
FOOD SYSTEM TRANSFORMATION – VP SHETTIMA

By: Our Reporter

Nigeria has mobilized over half a billion dollars for innovative, profitable, equitable and sustainable food systems transformation initiative, according to the Vice President, Sen. Kashim Shettima.

The Vice President made the disclosure while chairing a high-level meeting on the first day of the UN Food Systems Summit declared open in Rome, Italy by the United Nations Secretary General, Antonio Guteress.

Vice President Kashim Shettima said the funds were mobilised “through domestic resources, multilateral development banks, international financial institutions, climate funds leading agro-businesses,” and would be used for “Innovation finance for food system transformation; development of Nigeria’s agro value chain and Special Agro-Industrial Processing Zones programmes.”

Explaining further, Sen. Shettima said “in this event, the Government of Nigeria will be showcasing its Value Chain Development Programme (VCDP) as a unique example of a successful partnership between producers, the public sector and private operators.”

“The VCDP which is co-funded by the of Nigeria and IFAD has empowered vulnerable farmers and youth to engage into commercial partnerships with some of the biggest food processing and marketing firms in the world such as OLAM, a world leading agri-business company operating in over 60 countries with an annual revenue of about $39.8 billion,” the Vice President added.

Stating the government’s vision about ending hunger, the VP added that “building on the success of the VCDP, the Federal Government is determined to capacitate Nigeria’s rural smallholders and operators, youth and women living below the poverty line to take advantage of the new Special Processing Zones.”

On the Special Agro-Industrial Processing Zones (SAPZ), Vice President Shettima said it “brings together local governments, IFAD, AfDB, IsDB, GCF, OLAM and other private actors alongside the government of Nigeria for transformative financing of food systems that leaves no-one behind.”

While featuring in the panel discussion with the Prime Minister of Somalia, Hassan Sheikh Mohamud; Deputy President of Kenya, Rigathi Gachagua; and Prime Minister of Niger Republic, Ouhoudou Mahamadou, the VP said President Tinubu “is determined to transform the concept and meaning of modern governance” by demonstrating commitment towards the food system in the country.

According to him, “President Tinubu hit the ground running from day one of his administration, which is barely two months in office, and has therefore declared state of emergency in food security and took it as a livelihood item within the National Security Council.”

On removing impediments to economic recovery, he said “we had two albatrosses around our necks: subsidy on petrol and multiple exchange rates system.

“We withdrew the subsidy on petrol from day one, just like President Ruto did in Kenya. To mitigate the effects of the subsidy removal, the government embarked on the immediate release of grains and fertilizers.

“A commodity marketing board has been put in place to continuously review and monitor the prices of food items.”

“Along this way, the President has already approved the infusion of huge quantum of funds towards repositioning of our security architecture because we have similar problems with Somalia and Kenya, especially in the northeast and northwest regions of the country. We are repositioning our security architecture to provide support for farms and farmers.”

In attendance were the President of IFAD, Dr. Alvaro Lario, H.E. Muhammad Suleiman Al Jasser, President of Islamic Development Bank (IsDB), Vice President of AfDB, Mrs. Hassatau N’Sele, Vice President of OLAM International Mr. Reji George and Vice President, Commodity Aaliance Forum (Representative of farmers) Mrs Ejim Lovelyn.

Declaring the Summit open, the United Nations Secretary General, Antonio Guteress commended the participating countries for their commitment to addressing the problems of hunger and malnutrition.

“This is the gathering about food system. It is essentially to fulfill those basic of human rights – the right to food. It is outrageous that people continue to suffer in the world of plenty,” the UN scribe stated.

The Vice President also had bilateral meeting with the Italian Prime Minister, Giorgia Meloni. Both leaders discussed issues about the development of the two countries.

The Vice President was accompanied to the meeting by Nigeria’s Ambassador to Italy, Mfawa Abam and the Deputy Chief of Staff to the President, Sen. Ibrahim Hadejia, and other senior government officials.

TINUBU ADMINISTRATION MOBILIZES HALF A BILLION DOLLARS FOR NIGERIA’S
FOOD SYSTEM TRANSFORMATION – VP SHETTIMA

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UN Secretary-General Urges Global Reset as Military Spending Hits Record High

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UN Secretary-General Urges Global Reset as Military Spending Hits Record High

By: Michael Mike

United Nations Secretary-General António Guterres has warned that the world is at a critical turning point, urging global leaders to redirect priorities from war to peace as military spending reaches unprecedented levels.

In his New Year video message, Guterres said the international community is grappling with deepening chaos and uncertainty marked by growing divisions, violence, climate breakdown and persistent violations of international law.

“The world stands at a crossroads,” the UN chief said, noting that many people are increasingly questioning whether political leaders are listening or prepared to act in the face of escalating global challenges.

Guterres revealed that global military expenditure has surged to about 2.7 trillion dollars, representing an increase of nearly 10 per cent. According to him, the figure is 13 times higher than total global development aid and roughly equal to the entire Gross Domestic Product of Africa.

He described the trend as alarming, especially as conflicts are raging at levels not seen since the Second World War, while millions of people continue to suffer from poverty, inequality and the effects of climate change.

Calling for a shift in global priorities, the Secretary-General stressed that lasting peace can only be achieved by investing more in human development rather than вооружed conflict. “A safer world begins by investing more in fighting poverty and less in fighting wars,” he said.

Guterres maintained that the world has sufficient resources to improve living standards, protect the planet and build a future anchored on peace and justice, if political will is applied.

Looking ahead to 2026, he challenged leaders across the globe to make decisive choices that place people and the environment above conflict and suffering. He also appealed to citizens worldwide to take responsibility and contribute to positive change.

“Our future depends on our collective courage to act,” Guterres said, calling for renewed global unity in the pursuit of justice, humanity and peace in the new year.

UN Secretary-General Urges Global Reset as Military Spending Hits Record High

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Two others loose life as Anthony Joshua survives car crash in Ogun state

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Two others loose life as Anthony Joshua survives car crash in Ogun state

By: Bodunrin Kayode

The Ogun State Police Command has confirmed two deaths even as the world renowned boxer, Anthony Joshua, survived a fatal car crash in Ogun state.

The three were moving in the same vehicle today when their vehicle was involved in a road traffic accident after a head on collision with an on coming vehicle at about 11:00 am, in Makun area of Ogun State.

The incident occurred along the Lagos–Ibadan Expressway, just before Danco Filling Station, near the Sagamu Interchange on the Ibadan-bound axis.

Ogun state police spokesman Oluseyi Babaseyi in a statement said that the vehicle conveying Anthony Joshua, a Lexus SUV, was involved in the accident under circumstances that are currently being investigated.

” He was seated in the rear of the vehicle, sustained minor injuries and receiving medical attention.

“Tragically, two other passengers in the vehicle lost their lives at the scene. The deceased have been conveyed to Livewell Hospital Morgue, Sagamu.

“The Ogun State Police Command extends heartfelt condolences to the families of the deceased and assures the public that a thorough investigation into the circumstances surrounding the accident has commenced..

“Further updates on the incident will be communicated as investigation progresses.” Said the release.

Two others loose life as Anthony Joshua survives car crash in Ogun state

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Emir of FIKA calls for unity to foster development in Yobe

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Emir of FIKA calls for unity to foster development in Yobe

By: Yahaya Wakili

His Royal Highness, the Emir of Fika and Chairman of the Yobe State Council of Traditional Rulers, Alhaji Dr. Muhammad Ibn Abali Muhammad Idrisa CON, CFR, has called on community leaders, elders, youth, and all stakeholders to join hands to unite in our commitment to fostering development, preserving our heritage, and empowering one another.

The royal father made the call at the unveiling of the potentials of Kukar-Gadu, the launching of the history of Kukar-Gadu, the presentation of the Kukar-Gadu physical development plan, and the commission of the Kukar-Gadu Empowerment Development Initiative at Kukar-Gadu town in Yobe state.

He said, “Let us first reflect on the profound heritage that Kukar-Gadu stlands for. Our history is steeped in resilience, courage, and a spirit of unity that transcends generations.” Adding that, the history of the Kukar-Gadu book is a testament to our past, a chronicle that honors our ancestors, celebrates our tradition, and preserves the narratives that define our identity.

Dr. Abali maintains that the Kukar-Gadu physical development plan is a visionary blueprint designed to guide our growth, improve our infrastructure, and enhance the quality of life for our commitment to sustainable development that is inclusive, strategic, and responsive to the needs of our community.

“It is essential that we work collaboratively to implement this plan, fostering partnerships among government entities, private stakeholders, and community members. Noted that, in doing so, we can transform our vision into reality. May this development plan serve as a catalyst for positive change, sparking economic growth and social progress.” The Royal Father said.

The Chairman of the Yobe State Council of Traditional Rulers further revealed that the commissioning of the Kukar-Gadu Empowerment Development Initiative aims to equip our youth and women with the skills and resources they need to thrive in an ever-changing world.

“As leaders, it is our duty to invest in our greatest asset—our people—and through this initiative, we will create a framework for economic sustainability, providing the tools necessary for individuals to succeed and strengthening our community as a whole. Together we seek to build a future that is prosperous and full of possibilities.

Emir of FIKA calls for unity to foster development in Yobe

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