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Tinubu’s silent and unreported achievements
Tinubu’s silent and unreported achievements
By Tunde Rahman
But for the ministerial presentations on the achievements of the President Bola Tinubu administration in its first year, christened Ministerial Sectoral Update, which began on Tuesday May 21 at the National Press Centre in Abuja, many may not have known or appreciated the quantum of work that has been done by the government within such a short period of one year in office. This piece is not really about the re-engineering work that is being done on the economy, which is now recording a gradual growth. For instance, according to the National Bureau of Statistics, the nation recorded a 2.98% growth in the first quarter of this year, higher than 2.31% recorded in the same period in 2023.
The article is also not about the improving security in the land, especially in the oil producing Niger-Delta region, which has engendered increased oil production. Daily oil production has jumped up from barely 1million to 1.7million barrels per day including condensate, overshooting Nigeria’s OPEC quota, following the statistics provided by the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri.
The focus of this piece is also not about the increasing flow of investments into the economy, like the $30 billion Foreign Direct Investment commitments already secured during the year to grow the economy.
My focus is about those silent, quiet achievements recorded, thus far, by the administration, which are largely unreported and unsung until now. These achievements are by no means insignificant. They are so concrete and substantial that in some instances, they are ground-breaking, either laying or re-laying the foundation for growth and development in the country or resetting the sectors where they have occurred.
It must be admitted, however, that some ministers have little to showcase in one year. This is evident enough in their presentations, which were drab and lack-luster in a number of cases. The ministerial presentations and inauguration of projects executed by the administration were the only approved activities organised to mark President Tinubu’s one-year anniversary. The president had ordered a low-key celebration.
One defining feature of most of the achievements recorded in the various ministries is that they emerged from the vision or ideas President Tinubu espoused and developed overtime, and embodied in his Renewed Hope Agenda as eight priority areas. The President is reform-minded and, like Singapore’s first Prime Minister Lee Kuan Yew, he is the Guardian Angel of those reforms and the achievements recorded thus far.
It is pertinent to highlight some of these reforms and initiatives across the various sectors. Take, for instance, the laudable projects executed by the Minister of the Federal Capital Territory, Mr. Ezenwo Nyesome Wike, the catalyst for those monumental achievements in just one year, is the full autonomy granted FCT by President Tinubu over the resources accruing to the territory. By removing FCT from the Treasury Single Account, the FCT Administration’s resources were unlocked for Wike to deploy in addressing the developmental challenges of the city. Yet that singular action of the President remains unsung and perhaps unappreciated by many. Of course, there are more things done to recalibrate the governance structure of the FCT by the president, including approval for more Mandate Secretaries and its own Civil Service Commission.
As a result of these presidential approvals, Minister Wike, away from the political turmoil in his native Rivers State where he has been fingered as a central figure, unleashed infrastructure on the FCT, opening up new districts with a network of roads and bridges, and resurfacing arterial roads. The minister has completed the construction of many bridges, refurbished the moribund metro line in Abuja and created access roads to the train stations, which had earlier rendered the stations inaccessible even when it was briefly operational. Around $15 million was expended on building the access roads to the various stations.
The minister also restructured and completed the official residence of the Vice President, which had been abandoned since 2010. Some cynics may ask-how important is that residential project at this point in time? This question would be of no significance when it is realized that the project, valued at N7billion in 2010, could not be left to waste and to scoundrels at a time the FCT authorities are working hard to ward off kidnappers and other criminal elements.
The Ministry of Power also has a remarkable story to share, though many would insist the sector has left much to be desired given its importance as an enabler of the economy. But believe it, a silent retooling, which promises to change the disastrous electricity situation in the country, is ongoing. Indeed, unbeknownst to many, power generation is gradually increasing. For instance, 5000MW of power was achieved this month for the first time in three years. “Precisely on May 3, 2024, we generated, transmitted, and distributed 5,003.45MW of power. This is expected to further rise to 6000MW by the end of this year,” the Minister of Power, Chief Adebayo Adelabu, said in his presentation.
President Tinubu did three important things, among others, to tackle the issues in the electricity supply value-chain and set the sector on the path to recovery and optimal performance. Number one, in June 2023, President Tinubu signed the 2023 Electricity Act into law, marking a significant milestone in the sector. The new law focuses on enhancing the regulation and management of the electricity value chain with the active participation of the sub-national governments. This, thus far, has resulted in the process of devolution of regulatory powers to three states – Enugu, Ekiti, and Ondo – to set up their electricity markets.
Two, the President gave approval to defray legacy debts owed gas companies to allow efficient gas supply for the sector going forward and payment mechanism to address generation companies’ debts. This, according to Adelabu, will ensure necessary maintenance and evacuation capacity optimization.
Third, there has also been a series of infrastructure upgrades in the last one year. The ongoing Siemens Power project under the Presidential Power Initiative was one of the programmes that ensured improvement of power assets in Nigeria. In December 2023, President Tinubu and German Chancellor Olaf Scholz witnessed the signing of an accelerated performance agreement aimed at expediting the implementation of the PPI to improve electricity supply in Nigeria.
The Minister of Power also disclosed that the government had also put in place the required framework to achieve an injection of 3.5 million meters into the power sector – 1.5 million meters through the World Bank Distribution Support Recovery Program and 2 million meters through the Presidential Metering Initiative.
In aviation, some developments are worthy of note, including the construction of the second Abuja runway, which had been stalled for many years as a result of law suits while a second runway in Lagos has been reactivated. Among other things, Minister of Aviation Festus Keyamo has facilitated the acquisition of aircraft by local operators under the dry lease agreement to support and empower the indigenous airlines to compete with international airlines on more lucrative international routes like the case of Air Peace on the Lagos-London route.
Additionally, discussions have also reached an advanced stage with foreign investors to establish a Maintenance, Repair and Overhaul Centre in Nigeria through PPP. Ibom Air is almost through in their negotiations with Airbus.
With respect to the food situation in the country, the Ministry of Agriculture and Rural Development launched dry season farming involving 118, 651 hectares in 15 states, with Jigawa State alone getting 40,000 hectares. This intervention injected an estimated N309 billion into the economy, according to the Minister of Agriculture and Rural Development, Senator Abubakar Kyari. The ministry also supported a total of 107, 429 wheat farmers with inputs resulting in output of 474, 628 metric tonnes. It has also created about 60,000 jobs across the agric value chain within the first year.
As the administration’s substantial investments in enhancing security across the country begin to post concrete yields, this will positively impact agricultural productivity going into the President’s second year in office.
Also, the revenue accruing to the country from marine and blue economy is on the increase. Minister of Marine and Blue Economy, Adegboyega Oyetola, said the ministry, through its agencies, realised N242 billion within the first quarter of 2024, which represents 92% compared to the amount generated within the same period last year.
Importantly, the nation’s budgeting system has also been rejuvenated to give proper attention to the government’s priorities. The Minister of Budget and Economic Planning, Senator Atiku Bagudu, who incidentally is also the Chairman of the Ministerial Sectoral Update Committee, said the 2024 budget has two remarkable features. “One is the determination, despite our challenges, to restore budget discipline by lowering the fiscal deficit. So, the 2024 budget targeted a reduction in deficits from 6.11% in 2023 to less than 4% in 2024 and an increase in capital expenditure relative to recurrent spending, which is 39% expenditure, the highest in the country’s history,” he said.
In addition to innovative budgeting, N100 billion fund has been earmarked for Consumer Credit designed to mobilise the manufacturing sector to produce again, which would occur when the people can fund their purchases.
There is also a mortgage fund to support the creation of mortgages. “So with consumer credit mobilising the manufacturing sector, mortgages re-energising the housing sector, and national agricultural development fund mobilising the agricultural sector, our youth and our productive economy will be mobilised. The N130 billion we provided for conversion, for transition to CNG, which is a cheaper form of energy than petroleum, is designed to restore energy competitiveness so that our manufacturing sector, our transport sector, and our economy will benefit from a cheaper form of energy that will support the economic reform,” Bagudu said.
Under the Tinubu government, the projects and initiatives undertaken thus far did not emerge by happenstance or by luck. They are well thought-out and emerged from a vision to reengineer the country and put it on the path of economic recovery and prosperity. One of these landmark initiatives is the Renewed Hope Infrastructure Development Fund, aimed at revitalising Nigeria’s crumbling infrastructure. This fund has earmarked substantial investments for constructing and rehabilitating roads, bridges, and public amenities. The construction of the Lagos-Calabar coastal road connecting nine littoral states has already taken off.
There is also the Students Loan Fund for indigent students in tertiary institutions, which registration portal opened about two weeks ago.
The country may not be where it should be at present. There are still challenges; notable among them is the cost of living, which is still high. Food prices surged last month, with inflation rising to 33.69%, according to NBS. The Naira is also struggling to find its level against the Green Back, hovering around N1,400 to N1,500/1$ at the parallel market for a couple of weeks. However, on Wednesday, May 29, it recorded its biggest appreciation in four months to close at N1,173. 88/1$.
The country is gradually turning the corner.
Looking back at how far he has gone since he mounted the saddle, President Tinubu said the journey had been challenging and fulfilling. He promised that his administration would do all it takes for the average Nigerian to feel the impact of governance, stating that governance must be transformative and must address the critical needs of citizens.
Speaking when he received a delegation of the Yoruba Leaders of Thought at the State House, Abuja on Friday May 24, President Tinubu added that the country is no longer “bleeding”, but moving gradually into prosperity.
“It has been challenging. It has been fulfilling as well. We took over, and we have stopped the bleeding. I can say categorically now that Nigeria is no longer bleeding. And it will not bleed to death, but rather will now move to prosperity.
“That is the promise that I made to you all, and it is also the charge that you gave to me. We are managing to swim through the pond. The current is not a good one. We will turn the tide. We are turning the bend. This I assure you. I am being very careful. The worst is over for Nigeria. We will prevail.
“I thank the team who have been working really hard. All I can promise is that we will do whatever it takes. We are determined, and we will work so that all Nigerians can feel the impact of good governance.”
-Rahman is a Senior Presidential Aide.
Tinubu’s silent and unreported achievements
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Dozens killed as Boko Haram, ISWAP resume deadly clashes as reconciliation collapses in Lake Chad
Dozens killed as Boko Haram, ISWAP resume deadly clashes as reconciliation collapses in Lake Chad
By: Zagazola Makama
Fresh clashes have erupted between fighters of Boko Haram’s Jama’atu Ahlis Sunna Lidda’awati wal-Jihad (JAS) faction and the Islamic State West Africa Province (ISWAP), following the collapse of a short-lived truce between the rival terrorist groups.
Zagazola report that the long-standing rivalry between the Bakoura-led Jama’atu Ahlis Sunna Lidda’awati wal-Jihad (JAS) faction and ISWAP has degenerated into another violent phase with dozens of ISWAP fighters killed.

Sources said that the latest confrontation was part of an ongoing cycle of reprisal attacks that began after the killing of Abu Abass, a senior JAS tax collector, by ISWAP fighters in September. The discovery of the cause of his death reportedly infuriated Bakoura’s camp, prompting multiple revenge raids on ISWAP-held territories.
Sources told Zagazola Makama that the attack occurred on Saturday, Oct. 26, when a faction loyal to Mohammed Hassan, a top commander under the Bakoura-led JAS group, launched a coordinated attack on an ISWAP stronghold at Mangari, in the central area of the Lake Chad region, Kukawa Local Government Area of Borno State.

The assault, carried out with multiple watercraft between 5 p.m. and 8 p.m., resulted in the death of scores of ISWAP fighters and the capture of weapons and supplies. The attackers were said to have advanced from Toumbun Gini towards Abujan Ruwa, overpowering ISWAP’s defensive lines in the area.
Field assessment suggests that the JAS faction overpowered ISWAP during the offensive, seizing weapons and other valuable items. The exact number of casualties remains unclear due to the remoteness of the area and the ongoing movement of rival units across the Lake Chad islands as fatalities may be more.
According to sources, the renewed hostilities marks a significant breakdown in the fragile non-aggression pact earlier reached between the two extremist movements.
Earlier, on Oct. 8, JAS forces loyal to Bakoura launched a series of coordinated assaults on ISWAP elements in Toumbun Mairi, inflicting heavy losses. The Oct. 26 engagement at Mangari is believed to be a continuation of those retaliatory strikes.


“The Bakoura-led faction has vowed to avenge the killing of its members and commanders,” source told Zagazola. “They accuse ISWAP of betrayal after both sides had agreed to suspend hostilities.”sources said.
On the other hand, ISWAP units are currently converging for retaliatory operations. Commanders have been directed to coordinate major offensives and eliminate all Boko Haram members.
The rivalry between JAS and ISWAP has always been brutal. Whenever one faction suffers losses, it retaliates immediately, often spilling into civilian areas who sometimes get killed for trespassing in any of the acclaimed territories of the terrorists
Since the death of Boko Haram leader Abubakar Shekau in 2021, the insurgency has splintered into competing factions, with intermittent periods of uneasy truce punctuated by bloody reprisals.
The Lake Chad Basin straddling Nigeria, Chad, Niger, and Cameroon remains the epicentre of jihadist activity in the region, with both Boko Haram and ISWAP competing for control of key smuggling routes, fishing zones, and taxation points. The renewed infighting could further weaken the operational capacity of both groups but may also trigger intensified attacks against civilian targets as each side seeks to assert dominance.
Meanwhile, Army troops of Operation Hadin Kai have been placed on heightened alert, with operations ongoing to decimate the terrorists in their enclaves, prevent infiltration or coordinated assaults on military locations and civilian settlements in the North East.
Zagazola Makama is a Counter Insurgency Expert and Security Analyst in the Lake Chad region
End
Dozens killed as Boko Haram, ISWAP resume deadly clashes as reconciliation collapses in Lake Chad
News
If Not for Fear of Boko Haram’s Bombs Jonathan Would Have Fully Removed Fuel Subsidy – Sanusi
If Not for Fear of Boko Haram’s Bombs Jonathan Would Have Fully Removed Fuel Subsidy – Sanusi
By: Michael Mike
The Emir of Kano, Muhammadu Sanusi II has disclosed that the decision to suspend the fuel subsidy removal by President Goodluck Jonathan was because of the fear of Boko Haram’s suicide attacks on protesters and never because of the protest in itself.
Speaking at the Oxford Global Think Tank Leadership Conference, themed: “Better Leader for a Better Nigeria,” the Emir, who was at the time the Governor of Central Bank of Nigeria (CBN) and the prime promoter of fuel subsidy removal, said the right definition for what was happening with what was termed fuel subsidy was a hedge with the government paying to keep the price at a point at all time.

He said: “It was not a subsidy, it was a hedge. You see, a subsidy by definition, the government says I’ll pay X percent of the price. That’s the subsidy. I’ll pay 20 percent of the price. Whatever it is. Price goes up, you pay more, I pay more. Price goes down, you pay less, I pay less. What we had in this country is what in risk management you call a naked hedge. The worst possible derivative you can have.
“The government said to Nigerians, 200 million Nigerians, you will not pay more than X amount per litre. On petrol, no matter what the price of petrol is. So all price goes up from $40 to $140, the federal government pays the difference.
“Exchange rate moves from $155 to $300, the government pays the difference. Interest rates move from 5 percent to 15 percent, the government pays. Remember the price of petrol and what the calculations include, the cost of crude, the cost of the by-product, the cost of transportation, even interest rates, demurrage.
“If you look at the template, all of those amounts were being absorbed. The federal government was saying I have an unlimited pocket. So move from a point where we were using revenues to pay subsidies to where we had to borrow money to pay subsidies, to where we had to borrow money to pay interest on the borrowed money, we had become bankrupt.

“Anyone who takes a naked hedge ends up being bankrupted, especially with a commodity where you don’t control the price. So this was the point in 2012. Now, if Nigerians had allowed the Jonathan government to remove the subsidy in 2011, that would have been pain.
But that pain would have been a very, very tiny fraction of what we are facing today. This is the cost of today. At that time, we worked out the numbers in the Central Bank, and I stood up and put my credit in front of the line and said, remove the subsidy today, inflation moves up from 11 percent to 13 percent. I will bring it down a bit later. Oh, that’s about 30-something percent inflation. That was where we were.”
On Jonathan’s decision to suspend the planned subsidy removal, the Emit said: “And you know, the only reason the government compromised at that time, maybe you should know this, the only reason the government compromised and did 50% not 100% was Boko Haram. Because there were thousands of Nigerians on the streets in Lagos and Kano and Kaduna and all that. We had suicide bombers in the country.
“And it was like, if one day one of these suicide bombers goes to these Nigerians and explodes the bomb, and you have 200 corpses, it will no longer be about subsidy. So I got to give President Jonathan the credit. He was determined to do it.
He noted that Nigeria is a classless society, explaining that: “If you take the people you call leaders, go to the Senate, go to the House of Reps, you can go and pick 109 Nigerians at random, without election.
Put them in the Senate chambers and the results may not be different from what you’re getting out. Because the truth is, you have highly educated people in government, but they live like illiterates. They forget their education behind.
“When you talk about praise singing, why would a man who is an educated man, an accomplished man, why would he be a praise singer to anyone? Why would he not be able to face his boss and say, for that, we’re not doing very good, this is the truth? And how would a person in government not have the confidence to listen to those around him and take criticism?
“You have got people who are supposed to be the representatives of the values of society. By the time you become a governor, honestly, you should be beyond looking for money. You have been given an opportunity to take care of the lives of millions of people, to educate children, to save lives, to provide healthcare, to build infrastructure, while all you are thinking of is a house? I mean, are you that cheap?
“And you see them, and I remember the day they leave office, after a few years, they die, and the children are fighting over the money. Then they get the money, and then they go on drugs, and everything is wasted. That money would have been better spent, educating millions of young people, and save their lives. So if we really want to fix this country, we need to have a class. The ruling class needs to have values. Values beyond the market.”
He decried that many leaders are surrounded by sycophants, adding that: “We need to begin to ask as leaders who do we surround ourselves with?”
On his part, Mr. Atedo Peterside, a Nigerian entrepreneur, investment banker and economist, the founder of Stanbic IBTC Bank and Anap Foundation, lamented that many politicians do not come to serve their people but rather to steal.
He decried that the cause of underdevelopment in Africa is that leadership is mainly about state capture and corruption.
He alleged that. “They came to capture what belongs to everybody, that’s for the common good, for themselves and their narrow elites. Until we solve that problem, we will remain in this field.“
He noted that it is not about the beauty or otherwise of reforms, stating that the difference is the sincerity. “Did the leader come to serve or did he come to steal?”
He lamented that: “People take positions not based on the truth, but based on what personal agenda they are pursuing. So I’ll be the first one to give credit to this government for removing the fuel subsidy, which some of us started campaigning for from the very first economic summit over 30 years ago.
“But the same president must take the blame for sabotaging the efforts to remove the fuel subsidy in the past, in 2012. The speeches are there. But the best time to have planted the tree was 25 years ago.

“The second best time is now, so let’s focus on the now. The important thing is that the government has done the correct thing in terms of removing an unaffordable subsidy. The same government has done the correct thing, which has been done before, to give us what I would consider to be largely market-determined exchange rates, which gives you some exchange rates stability.
“So you ask me, what would I have done differently? That question shows that anybody with the right brain on his head would have done those two things. But guess what? How long does it take to do those things?“
He said: “We had market-determined exchange rates largely. So that’s a one-day action. You bite the bullet on the first day.
“What differentiates you thereafter is your subsequent actions. So those measures improve fiscal balance. They give all three tiers of government so much more revenue.
“And that’s where the problem starts. What is the point of giving the thief more revenue if he’s only going to steal it? So across all the local governments of Nigeria, across every state government, and at the federal level, the real test is what is being done with that revenue in their hands. Is that revenue supposed to be used to fuel 400 cars to escort the president to the airport and cut off the revenue in the process? Is that what you did it for? Let me tell you what the correct thing was.
“The real difficulty, the real action, the real result was to help eliminate poverty, was to get the economy functioning. As soon as we did those two things, what could be done, each of them, when you take a day, an announcement, is your subsequent actions. When the economic summit turned 25 years, I was in this same room.
“I recommended that the government measure a mutual subsidy. I also said that as soon as we do it, the following day, even the day before, start distributing cash to the poorest Nigerians. They all have names.”
The Former Director General Nigerian Stock Exchange and Convener of the meeting, Arunma Otey: “Nigeria, is a great example of what the possibilities are. When all hands are on deck.”
Otey who also used the occasion to present her book: “All Hands on Decj: Unleash Prosperity through World-Class Capital Markets,” said: “We do think that we need to continue to focus on the openness of finance, share in some of the very inclusive approaches. We need to build a bigger pie, and we need to make sure that that pie is available to our creators.”
She noted that: “One of the things that will help our nation is a focus on reasonably priced long-term patient capital. And so part of what I advocate for is creating the environment that allows us to have long-term patient capital that is available to businesses, that is available to government. And when I say available to government, the current government, previous governments have invested in infrastructure.
She added that: “We need to invest in infrastructure in this nation. I was looking at data as I was thinking about this conference, and China, over the years, invested 24% of its GDP in infrastructure. At best we do 4-5%. If we want to reach the infrastructure deficit in our nation, we would have to do at least 12%. So there’s some foundational things we will do.”
Otey said: “We need to scale. We need to do much more. And we need to raise money, so that small businesses can do better, so that the government can do more.
And we as individuals need to invest in our nation. And that’s why the time is now hands on deck.”
She asked: “Why aren’t we exploiting those 40 minerals in commercial quantities? Why are minerals still in the exclusive list of the federal government? Why can’t we have it decentralised, so that every state can produce the minerals in their own state? Why are we decentralising a nation of 230 million people?”
On his part, the Minister of Finance and Coordinating Minister of The Economy, Mr. Wale Edun, said: “Today we are talking about leadership. And I’ll just briefly say that, yes, Africa, with all its human resources, and of course, that is the most important resource that Africa has now. We are going to be the world’s workforce.
Africa will provide by 2030 or so 25% of the world’s workforce. We are a young continent compared to the aging continents of Asia, aging continents of Europe. So we have to prepare ourselves for that historic role.
“In Nigeria, leadership changed in 2023. And the under president, Bola Ahmed, changed for the better. If you look at the record, if you look at the statistics, if you look at the progress that has been made since 2023.
“However, the statistics, the improved growth rates, the stable exchange rates, the lowering inflation, those are just one side of the story. And the most important aspect is the human side, the effect on people’s daily experience, the cost of food, the cost of transport, how they are living their lives. And it is to that that I think rather than focusing on the various statistics, what I will say is that there is an attempt to ensure that the pains of reform have immediately been alleviated.”
He added that: “And that’s why there is in place a transparent, accountable, and robust system providing direct payments, in the first instance, to a total of 15 million households. And you know, in the holding area, before we joined this gathering, there were comments that in their villages, in their towns, they have not had reports of anybody receiving those payments. So immediately, we called for the data, and shortly we will give them the data of the people that have received first, second, and third payments directly.”
If Not for Fear of Boko Haram’s Bombs Jonathan Would Have Fully Removed Fuel Subsidy – Sanusi
News
FG, ActionAid, World Bank Push New Plan to End Poverty
FG, ActionAid, World Bank Push New Plan to End Poverty
By: Michael Mike
The Federal Government, ActionAid Nigeria, and development experts have reaffirmed their collective resolve to eliminate poverty through inclusive growth, fiscal accountability, and citizen empowerment by the year 2030.
Speaking at the High-Level Dialogue on Rethinking Poverty Reduction Strategies in Nigeria held in Abuja, the Minister of Budget and National Planning, Senator Atiku Bagudu, said the government’s focus is on building an economy that rewards hard work, ensures fairness, and supports only those genuinely in need.
“The biggest form of social protection is ensuring that hardworking Nigerians receive fair rewards for their efforts, while social transfers go to those genuinely disadvantaged,” Bagudu stated.
He said President Bola Ahmed Tinubu’s administration is committed to eliminating poverty by 2030 through the Renewed Hope Development Plan, which emphasizes productivity, innovation, and inclusion.
“We are determined, by God’s grace, to eliminate poverty by 2030,” the minister affirmed.
Bagudu expressed optimism that ongoing reforms are already yielding positive results, citing increased revenues, renewed investor confidence, and new economic initiatives as signs of early recovery.
“Our economy is showing early signs of recovery, revenues are improving, private investment is returning, and new initiatives are taking root,” he said.
Describing President Tinubu’s policy direction as “bold and forward-looking,” the minister urged Nigerians to remain patient and supportive, assuring that the long-term benefits of reforms will soon reflect in people’s lives.
In his remarks, the Country Director of ActionAid Nigeria, Andrew Mamedu, called for a comprehensive review of Nigeria’s poverty reduction strategies to ensure that economic growth translates into real benefits for citizens.
He noted that despite Nigeria’s budget increasing from ₦300 billion in 1999 to ₦54.5 trillion in 2024, poverty levels have not declined proportionately.
“This tells us that we must do things differently. At ActionAid, we believe poverty can be eradicated, but only when government and citizens take shared responsibility and ensure accountability from the federal to the local level.” He said .
Mamedu, who recently visited Edo and Delta States, decried poor infrastructure despite increased financial allocations to subnational governments.

“The situation raises critical questions about how resources are being used at sub-national levels,”
“For us in ActionAid, the only party we recognize is the party of the people the fight against poverty.”he disclosed .
He urged government at all levels to emulate countries like China and India, which successfully lifted millions out of poverty through major investments in infrastructure, education, health, and social protection, ensuring that local contractors benefited from such projects.
“It is not enough to increase spending; we must ensure resources are used efficiently,” he said. “Reports show we lose about $18 billion annually to illicit financial flows. If we can stop such leakages, more funds will remain in our economy to drive development.”
While commending the Federal Government’s pledge to lift 100 million Nigerians out of poverty in 10 years, Mamedu stressed that the goal can only be achieved through consistency, accountability, and collaboration among all stakeholders.
“We need to move about 10 million Nigerians out of poverty every year,”
“To achieve that, everyone government, civil society, and private sector must work together.” He said .
He also called for greater discipline and punctuality among citizens and officials, describing them as symbols of accountability and efficiency.
“Governance is not only about the President or ministers. It involves all of us. If we begin to do the small things right, like keeping to time, it will reflect in how we manage bigger responsibilities,” he added.
Mamedu reaffirmed ActionAid’s 10-year strategy to support and hold government accountable in lifting five million Nigerians out of poverty.
“We must ensure that the next poverty review shows progress, not decline,” “Together, we can build a Nigeria where prosperity is shared and poverty becomes history.”he said .
Both Bagudu and Mamedu agreed that sustainable poverty eradication will depend on shared responsibility, transparency, and a renewed focus on rewarding hard work across all sectors of the economy.
At the same dialogue, Dr. Chris Uwadoka, Special Adviser to the Executive Chairman of the Fiscal Responsibility Commission, emphasized that fiscal discipline and transparency are fundamental to reducing poverty.
“Fiscal responsibility is at the heart of poverty reduction, period. It is not merely a technical framework. It is a people-centred philosophy driven by transparency, accountability, and prudence,” he stated.
He acknowledged that while the government’s reforms have stabilized key indicators like revenue and debt, the real challenge lies in translating these macroeconomic gains into tangible human welfare.
“The challenge now… is how to translate these statistical macroeconomic results into tangible human welfare improvement. I believe that this question is at the heart of this multi-stakeholder dialogue today,” Uwadoka said.
He also urged state and local governments to take fiscal discipline seriously to prevent financial leakages and ensure that public resources directly benefit citizens.
“State and local governments need to hold themselves accountable to their people and to poverty alleviation… Without this commitment to good public financial management, the drivers of poverty will overwhelm our best intentions,” he cautioned.
Meanwhile, a World Bank presentation delivered by Mr. Imole Ibukun from the National Economic Council Secretariat highlighted a disturbing rise in poverty levels despite ongoing reforms.
According to the report, about 139 million Nigerians (61% of the population) now live in poverty up from 81 million (40%) in 2019. It also projects that poverty could rise by another 3.6 percentage points by 2027, making Nigeria one of the few resource-rich countries likely to see worsening poverty due to structural weaknesses.
The World Bank identified key drivers of poverty, including high food inflation, stagnant wages, oil dependence, poor infrastructure, low agricultural productivity, insecurity, and weak governance.
The report warns that without urgent corrective action, rising poverty could reverse development gains and threaten social stability. It recommends expanding social safety nets, investing in rural infrastructure and agriculture, improving food security, and strengthening governance to ensure economic growth benefits citizens.
FG, ActionAid, World Bank Push New Plan to End Povertyp
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