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2016 Budget And Poverty Alleviation: Matters Arising

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By all accounts, the
commitment of President Muhammadu Buhari to redeem his campaign promise of removing millions of Nigerians out of poverty is significant and exceptional.
Analysts observe that although successive administrations initiated various measures and policies aimed at alleviating abject poverty among Nigerians, such efforts have not yielded meaningful results.
A World Bank’s global poverty rating placed Nigeria among the five poorest countries in the world.
The report revealed that most Nigerians lived on less than one dollar per day.
The World Bank President, Jim Yong Kim, while releasing the report at the April 4, 2014 IMF/World Bank Spring Meetings in New York, emphasised that Nigeria had one of the largest concentration of poor people.
According to him, seven per cent of the world poor live in Nigeria in spite of the rebasing of the country’s Gross Domestic Product (GDP) that ranked it as the largest economy in Africa.
Concerned about this development, President Muhammadu Buhari has earmarked N500 billion for social welfare packages to the vulnerable persons.
This is contained in the administration’s Medium Term Expenditure Framework and Fiscal Strategy Paper presented to the National Assembly.
Buhari said that the Federal Government would collaborate with state governments in the implementation of the N500 billion social welfare packages to the vulnerable.
“The Federal Government will collaborate with state government to institute well structured social welfare intervention programmes such as school feeding programme initiatives, conditional cash transfer to the most vulnerable,’’ he said.
According to him, these interventions will start as pilot scheme and work towards securing the support of donor agencies and development partners to minimise potential risks.
He said that the government would create a phased social welfare programme to cater for a larger population of the poorest and most vulnerable Nigerians.
Also, Minister of Information and Culture, Alhaji Lai Mohammed, assured Nigerians of the Federal Government’s commitment to their welfare.
He insisted that provisions made in the 2016 budget would reduce the sufferings of Nigerians, noting that the measures would be targeted at unemployed graduates, market women, artisans and farmers, among others.
“We are aiming to lift millions of Nigerians out of poverty through massive social interventions,’’ Mohammed said.
According to him, the school feeding programme that will provide one meal per day to school children, the conditional transfer of N5,000 monthly to 25 million most vulnerable Nigerians and access to loans by different categories of people, are among the measures for which provisions have been made in the 2016 budget.
“In addition to providing succour, these measures will also stimulate the economy; just imagine the impact on the poultry sector alone if, for example, one egg is given daily to one million school children,’’ he said.
The minister observed that in spite of the global economic downturn, the impact of the current harsh economic environment on Nigerians would have been less severe if the previous administrations had managed the economy well.
“The gains of the boom when oil was selling at more than100 dollars were either stolen or frittered away.
“Yet, those who brought the nation to this sorry state have continued to grandstand, even having the audacity to further insult the victims of their impunity.
“The Buhari administration is not making excuses. That is why it has included in the 2016 budget the measures that will provide relief for Nigerians.
“But it is important for Nigerians to know the kind of deficits that the government ran since 2009 that partly brought us to where we are now.
“In 2009, the Federal Government was spending 228 dollars for every 100 dollars earned, leaving a deficit of 128 dollars.
“In 2010, the spending was 158 dollars for every 100 dollars earned, leaving a deficit of 58 dollars.
“In the next few days, the administration will start firing from all cylinders, starting with the unveiling of the 2016 budget.
“Nigerians will witness measurable and impactful progress in all spheres of governance.
“We shall not abandon our social intervention policies such as one meal a day for school children and the payment of N5, 000 monthly to each vulnerable Nigerian.
“We are committed to lifting millions of Nigerians out of poverty, this government will not give excuses,’’ he emphasised.
Mohammed said that the Federal Government would take advantage of the vast opportunities in the agriculture, solid minerals, and real sectors, among others, to also create more jobs.
The minister said that the administration would invest massively in developing infrastructure because it would be difficult to create jobs without such investments.
“Job creation, which is our major promise, is going to be realised and all we are waiting for is the 2016 Budget to be put in place.
“You cannot create jobs without investing massively in infrastructure and I know that what we are aiming at this year is to ensure that most of our spending will be on infrastructural development.
Mohammed, who spoke during a familiarisation visit to the headquarters of the News Agency of Nigeria (NAN) in Abuja, expressed concern that between 60 million and 80 million Nigerians lived below the poverty line.
“It is not that in the past there had not been attempts at poverty alleviation but it could not be at the scale we are aiming.
“We are embarking on these massive social interventions so that we will talk of millions of Nigerians that will be rescued from abject poverty.
“We have about five groups that we are talking about; we have those that we call vulnerable because they are poor, because they do not have access to basic medical care.
“We have those that are vulnerable because they live with disabilities and this group is different; then there are young Nigerians who are vulnerable because they lack the economic strength.
“We have plans specifically for unemployed graduates and this takes various forms, in the case of market women, we intend to advance them money through their cooperative societies,’’ he said.
The minister also said that graduates who had completed the National Youth Service Scheme and had been enrolled in a skill acquisition programme would be paid a stipend.
He noted that the government was ready to work closely with persons with disabilities and to create a more accessible and enabling environment for them.
“We can make persons with disabilities in our society very productive by giving them the right incentives and we are looking into making public areas accessible to them,’’ he said.
Social analysts, however, insist that although the initiative is laudable, the government must put in place a careful and meticulous strategy to ensure effective implementation of the social security packages.
They insist that government must also carry out a comprehensive census of the beneficiaries to prevent the hijack of the scheme by some unscrupulous persons.
According to them, the government should involve the private sector in the implementation of the programme to ensure its sustainability beyond the tenure of the current administration.
Adamu writes for NAN.

 
Sani Adamu

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Agency Gives Insight Into Its Inspection, Monitoring Operations

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The Director, South South Zone National Agency for Food Drug Administration and Control (NAFDAC), Pharmacist Chujwuma P.Oligbu has said its  thorough implementation of its core mandate of monitoring has no link with witch-hunting or fault finding as perceived at some quarters.
 Oligbu, made this known when he spoke as as guest at the maiden Rivers state Supermarkets stakeholders’ Seminar/Workshop in Port Harcourt recently.
Rather, he said they were mere opportunities for education, correction and continuous improvement.
The Agency’s South South Boss, noted that  Supermarket operators who maintain transparent records, cooperate during inspections, and promptly address identified gaps demonstrate professionalism and commitment to public health standard.
He listed the deserving essence of supermarket operation to include the key aspects of supermarket operation that deserves emphasis is product sourcing.
“Supermarkets must ensure that all regulated products stocked on their shelves are duly registered with NAFDAC and sourced from legitimate manufacturers or distributors”, he said .
According to him, the presence of unregistered, expired, counterfeit, or improper labelled products undermines consumer confidence and poses serious health risks.
He pointed out that such has the likelihood of  exposeing supermarket operators to legal sanctions that could damage their reputation and financial stability.
The NAFDAC Operator, further enlightened the participants that mere registration of a particular product with the Federal agency do not guarantee absolute consumption safety.
“Temperature control, cleanliness, pest control, stock rotation, and proper shelving are not optional practice; they are essential components of compliance”, he said.
The South South zonal director also told the operators of supermarket that their employees rotine training on the basis of the product they display for sale is of utmost importance.
In her presentation a Breast Milk Nutrition Expert , Professor Alice Nte of University of Port Harcourt Teaching Hospital (UPTH), was against the body’s prime attention to breast milk substitute or baby milk in supermarkets as well as its advertisement or promotion.
Nye jerked up  the importance of mothers breast milk to the newborn baby and added that it  help in fighting against childhood diseases, infections and combating cancer in breastfeeding mothers.
Meanwhile, NAFDAC Deputy Director, South – South Zone , Mrs. Riter Chujwuma educated the participants on the guidelines for global listing, and the need to adhere strictly to rules guiding global listing to avoid confiscation of their imported products.
By: King Onunwor
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BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS

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The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.

In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.

 According to the data, more than 4.3 million new BVNs were issued within the one-year period, underscoring the growing adoption of biometric identification as a prerequisite for accessing financial services in Nigeria.

NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.

Analysts linked the growth largely to regulatory measures by the CBN, particularly the directive to restrict or freeze bank accounts without both a BVN and National Identification Number (NIN), which took effect from April 2024.
The policy compelled many customers to regularise their biometric records to retain access to banking services.

Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.

The programme has been widely regarded as a milestone in integrating the diaspora into Nigeria’s formal financial system.

A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.

However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.

The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.

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AFAN Unveils Plans To Boost Food Production In 2026

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The leadership of the All Farmers Association of Nigeria (AFAN) has set the tone for the new year with a renewed focus on food security, unity and long-term growth of the agricultural sector.
The association announced that its General Assembly of Farmers Congress will take place from January 15 to 17, 2026 at the Abuja Chamber of Commerce and Industries, along Lugbe Airport Road, in the Federal Capital Territory.
The gathering is expected to bring together farmers, policymakers, investors and development partners to shape a fresh direction for Nigerian agriculture.
In a New Year address to members and stakeholders, AFAN president, Dr Farouk Rabiu Mudi, said the congress would provide a strategic forum for reviewing past challenges and outlining practical solutions for the future.
He explained that the event would serve as a rallying point for innovation, collaboration and economic renewal within the sector.
Mudi commended farmers across the country for their determination and hard work, despite years of insecurity, climate-related pressures and economic uncertainty.
According to him, their resilience has kept food production alive and positioned agriculture as a stabilising force in the national economy.
He noted that AFAN intends to build on this strength by resetting agribusiness operations to improve productivity and sustainability.
The AFAN leader appealed to government institutions, private investors and development organisations to deepen their engagement with the association.
He stressed the need for collective action to confront persistent issues such as insecurity in farming communities, climate impacts and market instability.
He also urged members to put aside internal disputes and personal interests, encouraging cooperation and shared responsibility in pursuit of national development.
Mudi outlined key priorities that include increasing food output, expanding support for farmers at the grassroots and strengthening local manufacturing through partnerships with both domestic and international investors adding that reducing dependence on imports remains critical to protecting the economy and creating jobs.
He stated that the upcoming congress will feature the launch of AFAN’s twenty-five-year agricultural mechanisation roadmap, alongside the announcement of new partnerships designed to accelerate growth across the value chain.
Participants, he said wi also have opportunities for networking and knowledge exchange aimed at transforming agriculture into a more competitive and technology-driven sector.
As part of its modernisation drive, AFAN is further encouraging members nationwide to enrol for the newly introduced Digital ID Card.
Mudi said the initiative will improve transparency, ensure proper farmer identification and make it easier to access support programmes and services.
Reaffirming the association’s long-term goal, he said the vision of national food sufficiency by 2030 remains achievable if unity and collaboration are sustained.
He expressed optimism that with collective effort, Nigeria’s agricultural sector can overcome its challenges and deliver a more secure and prosperous future.
Lady Usendi
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