Wednesday, January 22, 2025
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Federal Government Urges IFAD to Release $5m ASAP Grant for Climate Change Adaptation

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The Federal Government of Nigeria has appealed to the International Fund for Agricultural Development (IFAD) to expedite the release of a $5 million Adaptation for Smallholder Agriculture Programme (ASAP) grant to the Value Chain Development Programme (VCDP) for climate change adaptation efforts.

Senator Abubakar Kyari, the Minister of Agriculture and Food Security, made the appeal during a courtesy visit by IFAD’s delegation, led by Associate Vice President Dr. Donal Brown, to the ministry’s headquarters in Abuja.

The ASAP, which channels climate finance to smallholder farmers, was launched in 2021 with the aim of supporting small-scale producers in adapting to climate change. Additionally, the Enhanced Adaptation for Smallholder Agriculture Programme (ASAP+) is set to become the largest fund dedicated to channelling climate finance to small-scale producers.

Kyari also sought IFAD’s approval for a two-year extension to enable the programme to improve its disbursement status, highlighting the successful implementation of various initiatives under the Federal Government of Nigeria/IFAD Portfolios such as the Livelihood Improvement Family Enterprise – Niger Delta (LIFE-ND), Value Chain Development Program (VCDP) Additional Financing (AF), and Special Agro-Industrial Processing Zone (SAPZ) Programme.

He expressed confidence in IFAD’s future trajectory and emphasized Nigeria’s commitment to leveraging innovation for agri-food system transformation, including organising an agriculture and food security summit to facilitate partnerships and strategic collaborations.

In response, Dr. Donal Brown, IFAD’s Associate Vice President, commended Nigeria’s commitment and pledged to address arrears owed from previous programmes while strengthening existing projects. He affirmed IFAD’s dedication to initiating new projects to bolster agriculture and food security in Nigeria.

The collaborative efforts between the Federal Government and IFAD underscore a shared commitment to agricultural development, climate resilience, and food security in Nigeria. As both entities work towards enhancing partnerships and implementing innovative solutions, smallholder farmers stand to benefit from increased support and improved livelihoods.

Federal House of Representatives Acts to Prevent Banks from Holding Customers’ Reversed Funds

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In response to persistent complaints of failed customer transactions and concerns regarding the holding of reversed funds by commercial banks, the Federal House of Representatives has directed the Central Bank of Nigeria (CBN) to enforce timely reversals of funds by banks.

The resolution, adopted following a motion titled “Need to restrain commercial banks from holding funds reversal beyond the date prescribed by the Central Bank of Nigeria,” was brought by Hon. Emmanuel Ukpong-Udo, representing Ikono/Ini Federal Constituency, Akwa Ibom State.

Ukpong-Udo highlighted the CBN’s guidelines announced on June 8, 2020, specifying timelines for reversals and resolution of refund complaints, including instant reversal of failed “On-Us” ATM transactions and resolution of disputed POS or web transactions within 72 hours.

Expressing concern over the high rate of failed bank transactions, which accounted for over 69 percent of complaints in July 2023, the House emphasized the adverse impact on Nigeria’s financial sector and economy. It urged the CBN to direct banks to proactively address system glitches causing failed transactions and to ensure prompt reversal of customers’ funds within stipulated periods, regardless of customer complaints.

To address the issue comprehensively, the House mandated relevant committees to collaborate with the CBN and Nigeria Interbank Settlement System (NIBSS) to investigate the matter, propose solutions, and report back within four weeks for further legislative action.

This move by the Federal House of Representatives underscores the commitment to safeguarding the interests of consumers and promoting efficiency in Nigeria’s financial sector, ultimately contributing to the overall stability and growth of the economy.

Aiyedatiwa Announces Gubernatorial Aspiration for Ondo 2024 Election

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Governor Lucky Aiyedatiwa has officially declared his intention to contest in the November 16, 2024 gubernatorial election in Ondo State. Aiyedatiwa, who assumed office as the substantive governor in December 2023 following the demise of Governor Oluwarotimi Akeredolu, made this announcement at the Gani Fawehinmi Arcade, Alagbaka, Akure on Tuesday.

Highlighting the late Governor Akeredolu’s endorsement of him as a successor, Aiyedatiwa expressed gratitude for the unwavering support and loyalty received since taking office. He reiterated Akeredolu’s wish for him to carry on the torch of accelerated development in the state.

Addressing citizens and party faithful, Aiyedatiwa stated, “Our people and party faithfuls, through multi-dimensional platforms, have expressed their desire for the continuity of this administration beyond 2025. Today, I stand before you in all humility and with a fierce commitment to the greatness of our Sunshine State. I offer myself to be the candidate of our great party, ALL PROGRESSIVES CONGRESS in the 2024 gubernatorial election.”

Highlighting his political credentials and governance experience, Aiyedatiwa emphasized his commitment to sustaining the path of progress and development in Ondo State.

He outlined his mission, focusing on key developmental issues such as poverty alleviation, hunger eradication, and making Ondo State self-sustaining.

“I am fully prepared for this opportunity to re-enact the legacies of visionary, purposeful, competent leadership bequeathed to us by our founding fathers to build the future of Ondo State,” he declared.

Aiyedatiwa’s announcement sets the stage for a significant political development as the state prepares for the upcoming gubernatorial election.

Tinubu Presents 2024 FCTA Budget to House of Representatives for Approval

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President Bola Tinubu has submitted the 2024 budget proposal for the Federal Capital Territory Administration (FCTA) to the House of Representatives, seeking the consideration and approval of the National Assembly. The letter, read on the floor during Tuesday’s plenary session, did not include specific estimates.

The letter emphasized compliance with sections 121 and 299 of the 1999 Constitution of the Federal Republic of Nigeria, outlining that the budget was prepared by the Honourable Minister of the Federal Capital Territory. It highlighted alignment with the fiscal and development policies of the federal government and the Renewed Hope Agenda.

President Tinubu stated, “The FCTA is prioritizing improvement in health care services, job creation, youth empowerment, and increased productivity in agriculture to lift as many citizens as possible out of poverty.”

The budget proposal also considers the 2024/2026 economic recovery and growth plan and key assumptions in the 2024 budget. However, specific details regarding the estimates were not provided in the letter.

The Speaker, Abbas Tajudeen, who presided over the plenary, directed that the request be forwarded to the Committee on Appropriation for thorough deliberation, paving the way for the budget’s passage. The President expressed confidence that the proposal would receive the kind consideration and expeditious approval of the House of Representatives.

Wike Issues Demolition Ultimatum for Illegal Settlers in Abuja Technology Village

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The Minister of the Federal Capital Territory Administration, Barr. Nyesom Wike, has issued a decisive ultimatum for the demolition of illegal settlements within the Chika Aleita Abuja Technological Village.

During an inspection tour, Wike directed the Development Control Department to promptly remove the settlers, citing previous compensations paid to earlier settlers in the area.

He underscored the urgency of addressing the encroachment issue, attributing it to the failure of past administrations to take action against individuals building illegally in the village despite compensation.

Wike affirmed his administration’s commitment to demonstrating political will in resolving the situation and safeguarding the substantial investment in the science and technology village.

Expressing surprise at the ongoing activities in the village, Wike instructed the ministry to provide details for constructing an office within the village instead of utilizing a rented building.

He believes that a visible presence in the village will attract more investors to the science and technology incubation hub.

In response to the situation, the Minister of Science and Technology, Mr. Uche Godfrey Nnaji, highlighted the risks and losses caused by illegal settlers encroaching on the village. He emphasized the detrimental impact on the country’s investment drive and expressed support for the timely intervention.

The Abuja Science and Technological Village, established by the Federal Government to incubate science and technology within a Free Trade Zone, has faced setbacks in its development.

The efforts to launch the village were impeded by the untimely demise of President Umar Musa Yar’adua’s administration. Wike’s decisive actions aim to rectify the encroachment issue and propel the village towards fulfilling its potential as a hub for scientific and technological advancements.

Wike Expresses Tourism Potential in Abuja to Qatar Ambassador

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Barr. Nyesom Wike, the Minister of the Federal Capital Territory (FCT), has unveiled Abuja’s untapped tourism potential during a meeting with Ali bin Ghanem Al-Hajri, the Ambassador of the State of Qatar to Nigeria.

Wike conveyed the FCT administration’s eagerness to allocate land for the development of tourism centers in Abuja, emphasizing the city’s allure as a prime destination.

Highlighting ongoing initiatives, Wike spoke of the imminent completion of the Millennium Centre, a pivotal tourist attraction in the nation’s capital. He underscored the FCT’s commitment to reshaping Abuja’s narrative and ensuring a vibrant tourism sector.

“We want to fully complete the Millennium Centre, which is the main tourist center in the nation’s capital,” Wike stated, expressing a dedication to transforming Abuja’s landscape. Additionally, he assured collaboration in enhancing security measures to make Abuja a more convenient place for residents.

Ambassador Ali bin Ghanem Al-Hajri reciprocated the sentiment, expressing Qatar’s readiness to collaborate in the medical and education sectors. Recognizing Abuja as the largest capital city globally, he acknowledged the vast potential for developmental projects.

The discussions between Wike and Ambassador Al-Hajri are aimed at fostering cooperation between Nigeria and Qatar, exploring avenues for partnership in diverse sectors, and tapping into the abundant opportunities for collaborative ventures between the two nations.

FCTA Seals Orphanage Over Alleged Child Trafficking, Vows To Recertify, Profile FCT Orphanages

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In a decisive move, the Federal Capital Territory Administration (FCTA) has sealed the Priesthood Orphanage in Karonmajigi, taking swift action following the rescue of 23 children, aged 1-14 years, allegedly trafficked from Plateau state.

Mandate Secretary of the FCT Women Affairs Secretariat, Mrs. Adedayo Benjamins-Laniyi, affirmed the closure, stating, “There is no question, yesterday, with immediate effect, that ‘home’ was sealed, shut down.” She refrained from naming the proprietor but emphasized that an official gazetted presentation of the facts would be made once the material investigation concludes.

The FCT Minister, Barr. Nyesom Wike, has authorized the recertification and profiling of all orphanages in Abuja, underscoring a commitment to ensuring the safety and well-being of children in such facilities.

NAPTIP (National Agency for the Prohibition of Trafficking in Persons) has taken charge of the case, collaborating with the FCT Women’s Secretariat and the Plateau State government to reunite the rescued children with their families. These children, who had endured up to five years of hunger and neglect at the uncertified orphanage, are now the focus of a coordinated effort for their welfare.

Mrs. Caroline Dafur, the Plateau State Commissioner for Women Affairs, expressed dissatisfaction with the conditions at the orphanage, recounting, “The place is just so unkempt. I wonder how the children were sleeping in the small room.” She narrated the distressing situation where nine girls and boys were cramped into small rooms with minimal amenities.

Acknowledging the assistance provided by the FCT Women’s Secretariat in evacuating and relocating the children to the Karu Children’s Home, Mrs. Dafur conveyed the displeasure of the Plateau state government towards the orphanage proprietors who had abandoned the children in dire circumstances.

The recertification initiative for orphanages in Abuja underscores a commitment to preventing such incidents and ensuring the welfare of children in care facilities. The collaborative efforts between NAPTIP, the FCT Women’s Secretariat, and state governments aim to rectify the unfortunate conditions these rescued children endured, as they take steps towards reuniting them with their families.

Matawalle Reaffirms Stance on Ban of Unauthorized Camouflage Use

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…Says ban on its use by other security agencies remains

Due to the present security situation in the country, the Honourable Minister of State for Defence, Dr. Bello Muhammed Matawalle, has reaffirmed the ban on unauthorized use of Military camouflage, saying that it was only the Armed Forces and the Nigeria Police Force while on Joint Operation with the Military who are allowed by law to use the Military camouflage.

This was contained in a statement signed by Henshaw Ogubike, Director (Press & Public Relations) of the Ministry of Defence.

The Minister’ call is coming at this time when criminals disguise as Military and Para Military personnels to cause havoc in the society.

“The present situation does not support the use of Military camouflage by people who are not authorized or not personnels of DHQ'” he said.

According to him, the criminals among us have had to take advantage of the Military, Police and other security agencies’ gears to perpetrate crimes.

The Minister emphasized that there was the need to streamline the personnels that are authorized to use the Military camouflage.

He said Government ban on other Para Military Agencies from the use of the Military camouflage was to bring sanity to the system and also as a way of checkmating criminal activities.

Dr. Matawalle emphasized the readiness of the Nigeria Armed Forces and the Nigeria Police to enforce the directive given by the National Security Adviser, Mallam Nuhu Ribadu, regarding the immediate cessation of the use of camouflage uniforms by para-military agencies.

“The circular titled Observation on Proliferation in the Use of Camouflage Uniforms by Other Security Agencies in Nigeria,” personally signed by Mallam Nuhu Ribadu, mandated personnels of the Nigeria Immigration Service, NIS, the Nigeria Security and Civil Defence Corps, NSCDC, and the Federal Fire Service, among others, to discontinue the use of camouflage uniforms henceforth, following the directive issued by ONSA.”

Accordingly, the Minister stated that the use of camouflage uniform by various security agencies other than the Armed Forces namely, the Army, Navy and the Air Force remain banned.

He however gave exception to the use by the Nigerian Police Force, which he said they can only use it when on Joint Operation with the Military.

He said the enforcement of the ban becomes imperative in view of the security implications and concerns raised on the clamour of duplicity and proliferation in the country.

He pointed out the importance of this caution saying that: “The measure is aimed at check mating crime rate in Nigeria, adding that if we identify those that are authorized to use the camouflage, we can quickly differentiate them from criminals that intend to confuse us,” he said.

Dr. Matawalle said that henceforth extant laws guiding the use of camouflage uniform in Nigeria would strictly be enforced.

House Committee Collaborates with Navy to Combat Oil Theft

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The House of Representatives Special Committee on Crude Oil Theft and Losses has sought collaboration with the Nigerian Navy to address the persistent stealing of the country’s crude oil. Committee Chairman, Hon. Alhassan Ado Doguwa, appealed to the Navy for relevant information to identify those behind the theft.

The committee aims to unravel the culprits responsible for the theft, which has been a major concern for the economy. Doguwa emphasized the economic impact of crude oil theft and its potential threat to national security.

During a special engagement with the Chief of Naval Staff, Vice Admiral Emmanuel Ogala, Doguwa assured the Navy that any confidential information obtained would be handled with utmost care. The committee has initiated legislative work and plans to conduct public investigative hearings to address malpractices associated with oil theft.

In his remarks, Doguwa highlighted the economic consequences of failing to meet Nigeria’s oil production targets, attributing the shortfall to crude oil theft. The committee recently visited a site where two vessels involved in crude oil theft were arrested in Delta State.

Chief of Naval Staff, Vice Admiral Emmanuel Ogala, acknowledged the challenge of oil theft and emphasized the Navy’s commitment to collaborating with other agencies to address the issue. He highlighted the shortage of personnel in overseeing the vast waterways, which cover over 1/10th of Nigeria’s land space.

Ogala mentioned the Navy’s efforts in arresting vessels involved in oil theft, with 34 vessels arrested between July 2023 and the present date. He stressed the importance of collaboration with other agencies, communities, and international organizations to enhance maritime safety and security.

The Naval chief named two desk officers to collaborate with the House committee in addressing crude oil theft.

Hardship: Atiku Criticizes Tinubu’s Economic Policies

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Former Vice President, Atiku Abubakar, has once again criticized President Bola Ahmed Tinubu’s economic policies, attributing them to the ongoing hardships faced by Nigerians. Atiku asserted that Tinubu’s administration failed to showcase concrete policy steps to address currency fluctuation and poverty.

In a statement, Atiku claimed that President Tinubu’s new foreign exchange (FX) management policy lacked proper plans and consultations with stakeholders. He expressed concern that the government did not anticipate or downplayed the potential negative consequences of its actions.

“At a meeting called at his instance on Thursday to address the Foreign Exchange crisis and the problem of economic downturn, among others, Bola Tinubu failed, yet again, to showcase any concrete policy steps that his administration is taking to contain the crises of currency fluctuation and poverty that face the country,” Atiku stated.

He argued that the government’s hasty implementation of the FX management policy without proper planning led to adverse consequences. Atiku emphasized the need for the Central Bank of Nigeria (CBN) to have independence in designing and implementing a sound FX Management Policy to address liquidity, regulate demand, manage FX backlogs, and achieve rate convergence.

While highlighting his policy prescriptions to rescue the country from economic challenges, Atiku referred to his document titled “My Covenant With Nigerians,” where he advocated for reforms in the foreign exchange market and the elimination of multiple exchange rate windows.

Atiku concluded by expressing confidence that with an open approach, control of internal corruption, and improved management of foreign loans, the Nigerian economy could gradually recover.