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FG To Train 100,000 Graduates As Extension Workers – Osinbajo

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Vice-President Yemi
Osinbajo has said that the Federal Government will train 100,000 graduates as extension workers out of the 500,000 graduates to be engaged as teachers.
He made the declaration while launching the agricultural sector roadmap entitled: “The Green Alternative: Agriculture Promotion Policy 2016 to 2020’’ in Abuja.
The vice president also called for policy alignment of all government’s economic plans.
“This particular alignment is crucial. Just to give some obvious example: you cannot have a policy of encouraging local production of food and on the other hand have a high tariff on imported agricultural equipment.
“There is no way that we can encourage local production when we allow unbridled importation of the same things that we are trying to produce.
“There is no way we can do the scale of agricultural production both for domestic consumption and export without ensuring local improved seedling development alongside those that we import.
“And of course encouraging the work of the agencies of the Ministries of Science and Technology who have been making great breakthroughs in local development of agricultural equipment.
“Still on the issue of policy alignment, our social investment programme, which is possibly the largest in recent history, is designed to align with the design of our agricultural and other policies.
“And so, as part of the 500,000 teacher corps that we will be engaging, 100,000 of them will be trained as extension workers for our farms.’’
Osinbajo further said that the road map had identified the inability to meet productivity challenge of self-sustenance due to inefficient farming model, inadequate seeds, irrigation, and crop protection.
He said the administration met an economy in meltdown and had to take difficult decisions to repair the huge damage done by dependence on oil, not investing in infrastructure, deepening diversification and increasing reserves.
The vice president said that it became imperative to set the economy on the part of inclusive growth with job opportunities for the huge youth population through positioning agriculture as the focus of diversification.
Osinbajo said there was no doubt at all that if the administration got the agriculture right the economy would be right.
According to him, the home grown feeding programme was anchored on the use of locally produced food for primary school pupils in the country.
Osinbajo also said that financing of agriculture was also a crucial policy issue with double-digit interest rate and reluctance of banks to lend to the sector.
He said the administration must develop some funding options in the short term.
“The anchor borrowers’ programme of the Central Bank of Nigeria has proved to be extremely useful.
“Indeed the phenomenal success of the Kebbi rice programme where the farmers moved from 3.5 metric tonnes per hectre to 7.5 metric tonnes per hectre was largely the result of the single digit credit extended by the anchor borrowers’ programme which they used to purchase the right fertiliser quality and other inputs.
“The Ministry of Finance has practically concluded plans to recapitalise and re-engineer the Bank of Agriculture.
“We expect that before the end of this quarter, the Bank of Agriculture should be ready to give single-digit-interest-rate loans to farmers.’’
The vice president commended the Agriculture minister, Chief Audu Ogbeh, for developing an effective roadmap and conducting an advocacy for the revamp of the agriculture sector.
He further said President Muhammadu Buhari’s urgent call to return to the farm was one to embrace the truth of a renewed vision of an agriculture-led economy as an alternative to an oil dependent growth.
He said the agriculture revolution was a call on all to farm, even small vegetable farms.
“Interestingly, the only commercial activity that our constitution allows a public officer is farming; so we have no excuse,’’ he added.
In his reaction, the Kogi Commissioner for Agriculture and Natural Resources, Dr Tim Nda Diche, applauded the new agriculture roadmap as a viable option for the advancement of the nation’s economy.
He told The Tide source that the political will of President Muhammadu Buhari was high and the agriculture diversification was best way to avoid over reliance on oil.

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FG Approves 4 New Channel Management Firms For Seaports

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The Federal Executive Council (FEC) has approved four new channel management companies for seaports across the country in a move aimed at improving vessel navigation and port operations.
Speaking at the recently concluded Annual General Meeting of the Nigerian Association of Master Mariners (NAMM), former General Manager, Marine and Operations, Capt. Ebubeogu Ihenacho, disclosed that there would be changes in the ownership of the Lagos Channel Management Company Limited and the Bonny Channel Management Company.
According to Ihenacho, the four channels serving Nigeria’s major port clusters will have different channel management companies as approved by the FEC.
He said a new company had been approved to manage the Lagos port channel, with a change of name, while the Calabar Channel would be managed by the Calabar Channel Management Company.
He added that Bonny Channel Management Company had also undergone a change of ownership.
On the Warri Channel, Ihenacho said the Federal Government had approved China Harbour Engineering Company (CHEC) and two other companies to form a consortium to manage the Escravos Channel.
He said: “For Warri, it was approved for China Harbour Engineering Company, CHEC, and two other companies, who would now form a consortium.
That consortium will now form a Special Purpose Vehicle (SPV) with the Nigerian Ports Authority to manage the Escravos Channel.”
Recall that the management of the NPA had declined to renew the concessions of the Lagos Channel Management Company Limited and the Bonny Channel Management Company, opting instead for six-month extensions of the existing arrangements.
By; Enoch Epelle
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RIRS Warns Against Unauthorised Tax Collection

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The Rivers State Internal Revenue Service (RIRS) has warned motorists, transport operators and business owners against paying taxes, levies or charges to Unauthorised persons and organisations, insisting that only the Service and its duly appointed agents are legally empowered to collect taxes on behalf of the state government.
The Service gave the warning in a public notice dated October 21, 2026, signed by its Executive Chairman, Sir Israel O. Egbunefu, FCTI, in which it clarified that the Rivers State Ministry of Transport was not authorised by the state government to collect road tax or any other tax, levy or charge from motorists and transport operators.
RIRS also specifically disowned Explore Strategic Alliance Ltd, located at No. 7 Rumuodaolu Market Road, Port Harcourt, declaring the company had not been appointed or authorised by either the state government or the Service to collect Motor Vehicle Transport (MOT) tickets or any other tax on its behalf.
The revenue agency consequently cautioned members of the public against making payments to the company or any of its staff, stressing that anyone who ignored the warning would do so at their own risk.
It reaffirmed that only the legally authorised agency responsible for tax collection in Rivers State and the appointed agents that would carry out such duties in accordance with the law.
The Service urged taxpayers to demand official identification from anyone claiming to be its tax agent and verify the person’s credentials directly with RIRS before making payments.
It further warned that individuals or groups found impersonating tax consultants, agents or their representatives to collect Unauthorised taxes would be arrested and prosecuted in accordance with the law.
RIRS also called on members of the public to report suspicious persons and activities relating to Unauthorised tax collection to the Service for appropriate action.
The agency advised taxpayers seeking clarification or assistance to visit any of its offices or contact it through its official email address, info@riversbirs.gov.ng.
The Service reiterated its commitment to protecting taxpayers, promoting voluntary compliance and safeguarding the integrity of tax administration in Rivers State.
By: King Onunwor
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Bayelsa consumers Groan  Over Inflation As Traders Remain Helpless Over Low Patronage 

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Consumers and traders at the Swali ultramodern market in Yenagoa, capital of Bayelsa State have continued to groan over high prices of commodities and poor Patronage due to cost-push inflation.
The Tide reports that in the past weeks prices of goods and services in Yenagoa metropolis has experienced increase.
Notable services like transportation have also increased  lately due to increase in the pump price of fuel that has recently further exacerbated inflation in the prices of staple foods like rice, beans, garri and others.
Speaking with The Tide on a market survey, a trader, Mrs Tovie Barakabo said a bag of bean which sold between N120,000-N130, 000 now goes for N140,000-N145,000.
Mrs Barakabo also hinted that the only commodities whose price has not gone up was price of millet which sells N60,000, while big bag of garri now sells for N30,000.
The Tide further gathered from other inside Source that 25 litres of Kings cooking oil currently sells N75,000 as against the former price of N57,000.
Other commodities such as delicious vegetable oil  now goes for N68,000, Pure vegetable oil currently goes for N66, 000, while spaghetti is now N18,800 per bag.
The market survey also discovered that Sonnia tomato mix sells N75,609, while a big and small basket of fresh tomatoes are sold for N30,000 and N6,500 respectively.
A disappointed custom, Mrs Juliet Domo who fielded questions from The Tide expressed her worries over the inflation, calling on government to take decisive stands against inflation.
By: Ariwera Ibibo-Howells, Yenagoa
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