News
NASS Task Leaders On Economic Dev … Debates Pre-Budget Framework
The Senate yesterday urged the federal, states and local governments
and all leaders in Nigeria to work harder to return Nigeria to economic growth,
sustenance as well as strengthen national unity.
The Senate made the call following the debate on a motion congratulating Nigeria and Nigerians on its 52nd Independence Anniversary sponsored by Sen.Ita Enang (PDP-Akwa-Ibom) and 107 other senators.
Leading the debate, Enang noted with delight that Nigeria
was gradually developing its domestic production capacity as an independent
nation.
Senate President David Mark, who presided over plenary
session, said that for Nigeria to remain one, united nation till date, was a
great achievement.
Mark noted that although the country might not be where it
ought to be, for now, it was making giant strides toward attaining its desired
destination.
The Senate president said that Nigeria needed political will
to take its policies to logical conclusions either at the executive level or
legislative level.
Mark said unless section 7 of the Constitution was amended,
the National Assembly would not be able to do something about the current
situation.
He, however, expressed optimism that if the state
governments would do even a little better than that what was currently
obtainable, the situation would be a lot different.
Mark noted that only Lagos was generating its own revenue
adding that other states were largely depending on federal allocation.
The Senate president said he completely disagreed with Sen.
Uche Chukwumerije (PDP-Abia), who described Nigeria as a failed state.
He said there was no doubt the country had challenges but
expressed optimism that with the right political will the challenges would be
surmounted.
The Deputy Senate President, Chief Ike Ekweremadu, urged
senators to remain patriotic and nationalistic, assuring them that all hope for
Nigeria was not lost.
Sen. Pius Ewherido (DPP-Delta) in his contribution,
congratulated Nigerians especially the ordinary masses, saying they were the
real victors.
Ewherido called on the National Assembly to take budget
implementation seriously, reminding them that it was one way to execute
projects that would impact, positively, on the lives of the ordinary Nigerians.
He stressed the need for effective funding of local
governments to ensure that they met the challenges of economic growth and the
need of the rural populace.
Meanwhile, the Senate
on Tuesday began work on the Medium Term Fiscal Framework (MTFF) and Fiscal
Strategy Paper (FSP) by referring the document to its Committee on Finance and
National Planning.
President Goodluck Jonathan had forwarded the MTFF and FSP
to the Senate for approval in accordance with sections 13, 12 and 11 of the
Fiscal Responsibility Act 2007.
The MTFF is the basis upon which the 2013 Appropriation Act
is structured.
There are certain key areas in the document that need to be
agreed upon by the Senate before the 2013 budget can be approved.
One of such issues is the benchmark of crude oil which the
MTFF document has placed at $75 per barrel. Another is oil subsidy, which the
Senate needs to agree on before the budget can be approved.
It would be recalled that Jonathan had last week
communicated to the Senate through a letter, his intention to present the 2013
budget at a joint sitting of the National Assembly on October 4.
Bearing in mind the importance of the need to submit the
2013 budget early to the National Assembly, Senate President David Mark advised
the committees to expedite work on the document.
Mark said the document should be returned to the Senate next
Tuesday.
News
Victory Over Insurgency Certain, Tinubu Assures
President Bola Tinubu has expressed confidence that the country would win the fight against insecurity.
The President gave the assurance at the Argungu International Fishing Festival in Argungu town, Kebbi State, on Saturday.
He noted that the relative peace currently being enjoyed in Kebbi and neighbouring states was the result of sustained investments in security intelligence, coordination among security agencies, and community engagement.
Tinubu assured farmers and fishermen of sustained federal support to guarantee food security and safety across the country.
“The peace we are witnessing today is not accidental. It is the outcome of deliberate and sustained efforts. I assure you that the fight against banditry, insurgency, and insecurity will be won.
“Our farmers, fishermen, traders, and families will go about their lawful activities without fear,” he assured.
The President commended the organisers of the festival for sustaining the cultural event for decades, noting that it had endured for 83 years despite social and security challenges.
Describing the Argungu festival as a powerful symbol of unity, resilience, and peaceful coexistence, Tinubu stated that it reflects the richness of the country’s culture and the opportunities to harness its natural and human resources for national growth.
He said, “Today, this festival stands as a powerful symbol of unity, resilience, and peaceful coexistence among our people.
“It reflects the richness of our culture, the strength of our traditions, and the opportunities inherent in harnessing our natural and human resources for national development.”
The President was received by a large crowd of residents, traditional rulers, fishermen, tourists, and government officials from across the country.
The President reaffirmed his administration’s commitment to youth and women empowerment, irrigation development, rural electrification, and agricultural productivity.
Earlier, the Kebbi State Governor, Nasir Idris, said his administration was determined to elevate the Argungu Fishing Festival to full international standards while pursuing aggressive development across critical sectors of the state.
News
US Embassy, Lagos Consulate Close Today For President’s Day
The United States Embassy in Abuja and the Consulate General in Lagos will be closed today, in observance of Presidents’ Day.
The mission made this known in a notice shared on its official X page, yesterday.
“The U.S. Embassy in Abuja and the Consulate General in Lagos will be closed on Monday, February 16, 2026, in observance of Presidents’ Day,” the post read.
According to the embassy, Presidents’ Day was originally established to honour the birthday of the former US President, George Washington, but has evolved into a day to celebrate all U.S. presidents and their leadership in shaping the country’s history.
The embassy noted that the holiday also recognises the influence of U.S. presidents on global affairs.
In a related message, the mission highlighted that Washington created the first “Badge of Military Merit,” which later became the Purple Heart. The medal still bears Washington’s image today.
Presidents’ Day is observed on the third Monday of February annually in the United States as a federal holiday.
News
Guterres Backs Nigeria’s Bid For UN Security Council Seat …Hails Tinubu’s Reforms, Regional Security Role
United Nations Secretary-General, António Guterres, has charged Nigeria with spearheading Africa’s quest for a restructured global order, describing the country as uniquely positioned to lead the continent toward superpower status.
Guterres, who backed Nigeria’s bid for the world body’s security council seat, also praised the economic reforms of the President Bola Tinubu-led administration as well as Nigeria’s leadership in stabilising the Sahel and ECOWAS regions, despite facing its own security challenges.
The UN scribe made the remarks last Friday night during a high-level bilateral meeting with Vice President Kashim Shettima on the sidelines of the 39th African Union (AU) Summit in Addis Ababa, Ethiopia.
Speaking during the meeting, Guterres said Nigeria’s large population, sustained democratic governance, vast natural and human resources, and longstanding commitment to multilateralism placed it in a unique position to lead Africa in the evolving global order.
“Given Nigeria’s demographic strength, democratic continuity and deep resource base, the country stands a real chance of leading Africa to becoming the next superpower in the evolving global architecture,” he said.
The UN Secretary-General and the vice president discussed key developments in Nigeria and the country’s expanding leadership role in promoting regional stability across West Africa and the Sahel.
Guterres commended the remarkable and outstanding reforms of the administration of President Tinubu, noting that Nigeria’s bold economic restructuring and security commitments have strengthened its continental standing.
The meeting focused on strengthening Nigeria–UN collaboration to advance global economic growth, peace and security, sustainable development, and a coordinated humanitarian response across Africa.
In his remarks, Shettima thanked the UN Secretary-General for his leadership in advancing global peace, noting that Africa has benefited immensely from his tenure, even as the United Nations undergoes internal restructuring.
“We remain committed to multilateralism and to deepening our partnerships with the United Nations and other global institutions,” the vice president said.
Shettima also reiterated Nigeria’s longstanding call for comprehensive reform of the United Nations system to reflect evolving global realities.
He emphasised that Africa must have stronger representation in global decision-making structures and declared that Nigeria deserves a permanent seat on the United Nations Security Council.
Both leaders pledged to deepen cooperation, with Guterres reaffirming the UN’s support for Nigeria’s reform agenda and its growing leadership role in advancing peace, security, and development across Africa.
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