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FG Earmarks N450bn As Loans To Farmers
The Federal Government has set aside N450 billion to be given as loans to farmers in the 36 states of the federation, Information Minister, Labaran Maku has said.
Maku made the announcement yesterday at a town hall meeting at the Idris Kutigi International Conference Centre in Minna while speaking on the “Good Governance Tour’’.
He said that the loan was part of measures put in place by the Federal Government to boost food production, noting that N3.5 million jobs would be created in the agriculture sector before 2015 while 30,000 people in Niger would benefit from the scheme.
The minister also called for peaceful coexistence among the populace.
He urged politicians to shun impatience when they loose elections but to see politics as a catalyst for development.
The minister urged Governor Babangida Aliyu to intensify efforts in the development of the state.
Aliyu thanked the minister for initiating the “Good Governance Tour’.
He commended the minister for the visit, saying: “the team has seen the deplorable condition of the roads in Niger, “I will leave the federal roads for the Federal Government. It is their responsibility,’’ he said.
Aliyu said that the state had 33,000 work force and that the monthly allocation went into payment of salary while the little remaining was not enough for any meaningful development.
Meanwhile, Nigeria’s lottery market can generate over N350 billion for the Federal Government annually if properly harnessed, the Director General of the National Lottery Regulatory Commission (NLRC), Mr Peter Igho, said yesterday.
Igho told newsmen in Lagos that the amount was realisable if 50 per cent of the country’s productive class played a minimum of N200 in lottery weekly.
“The lottery market, if properly explored and prudently managed, can fetch a princely N350 billion annually to the coffers of the Federal Government for good causes.
“From the SMS lottery alone, we can generate about N150 billion annually,” said the NLRC boss.
Igho said that lottery money had been used by governments across the world to pursue and achieve national development in infrastructure, healthcare, scholarship as well as transportation and forestation development.
The director general noted that UK Lottery, through Camelot, contributed €750 million to the successful hosting of the just concluded 2012 London Olympics.
He added that in a country like Niger Republic, proceeds of lottery were used to build boreholes while many of the lottery winners were sponsored to perform the holy pilgrimage in Saudi Arabia.
“In Nigeria, these positive contributions will be felt in such areas as supporting good causes, reduction of unemployment and significant increase in the country’s GDP, “ he said.
He said that lottery activities had not gained acceptance in the country over the years, adding that the commission was working on ensuring its credibility and integrity in consonance with global ethnics and codes.
Igho said that if the sector could create about 8000 millionaires every week and about 200,000 direct and indirect employment when it properly gained acceptance.
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.
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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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