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FG To Recover Unremitted N450bn From MDAs

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In a desperate move to shore up government’s dwindling revenue, the Ministry of Finance, Budget and National Planning has begun moves to recover N450billion unremitted operating surpluses from Ministries Departments and Agencies (MDAs).
The issue has been a protracted one and the government says it would no longer tolerate excuses for non-remittance.
The government has also warned public office holders to stay away from flying first class tickets, just as it has activated its efficiency unit to prune down the bogus procurement spending of MDAs.
These were contained in its budget call circular to MDAs signed by the Finance Minister, Mrs Zainab Ahmed.
The circular also stated that President Muhammadu Buhari has banned the distribution of souvenirs at events, and will move some government offices to properties forfeited to the government by looters.
The minister warned MDAs on foreign travels, trainings and other concerns related to overhead expenditure, insisting that their travels, training and capacity development programmes must be restricted to locations within the country and as close to their office locations as possible.
“Foreign travels and training should be limited to exceptional cases, and with necessary approvals in accordance with extant government policy.
“More specifically, hosting of board meetings outside the country, payment of sitting allowances, the number of such meetings, etc., must comply with the provisions of the Circular and also be subjected to the reasonableness test,” she added.
MDAs were also warned to desist from the practice of specifying the models and brands of assets they propose to acquire in the budget.
“As much as possible, generic specification of items should be made in accordance with the Public Procurement Act. Here again, the BOF will intervene to effect necessary amendments.”
Details of the 2021 budget showed that the aggregate expenditure is made up of Statutory Transfers of N481.41billion, Debt Service of N3.124trillion, Sinking Fund of N220billion, Recurrent (non-debt) expenditure of N5.746trillion and Capital expenditure (exclusive of capital in Statutory Transfers) of N3.086trillion.
Of the capital expenditure, the budget call circular showed, MDAs Capital is N1.485trillion.
The Ministries of Works and Housing, Power, Transportation and Defence are to get the highest capital allocation in the 2021 Federal Government budget.
The Ministry of Works and Housing is to get the highest allocation of N272.06billion.
This is an increase of N6.2billion when compared to the N256.73billion which the sector got in the revised budget of 2020.
The Ministries of Power, Transportation, and Defence followed with the sums of N178.38billion, N120.04billion, and N120.04billion, respectively, as against N128billion, N109.34billion and N115.87billion which they got in the 2020 budget in that order.
Also, Education Ministry is to get N80.21billion as capital allocation in 2021 as against N115.87billion it this year; Water Resources N84.14billion as against N80.7billion; Agriculture N83.86billion compared to N102.49billion, Health N93.67billion as against N51.4billion.

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Victory Over Insurgency Certain, Tinubu Assures

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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.

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US Embassy, Lagos Consulate Close Today For President’s Day

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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

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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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