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We Use Social Investment To Stem Poverty, Unemployment -FG

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The Federal Government has said that the reason for embarking on social investment programmes was to stem poverty and unemployment in the polity.
The Senior Special Assistant to the President on Job Creation, Mr. Afolabi Imoukhuede, who stated this at a youth empowerment programme in Abuja, also said that the government Public-Private Partnership (PPP), the policy would grow Nigeria’s technology infrastructure.
Fielding questions at the programme, tagged, “The Surge Entrepreneurship Summit”, with the theme: “Discovering Your Potential, Imoukhuede said many young Nigerians have ventured into technology, adding that technology and innovation in the last six years have taken a real surge and helped in creating a lot of job opportunities.
Asked how many jobs the government has created, he said, “As we know, jobs are not created by the government; it is the inter-relationship of the economy that creates jobs; so, the focus of the government is to ensure that we keep creating enabling environment for business to thrive; for ideas to thrive; for innovations to thrive and we do that through the various agencies and ministries of government.
“Of course, in the first term of this government, we also set up the National Social Investment Programme which we piloted directly though the president at the time; the success of that enabled us to now have a new ministry, Ministry of Humanitarian Affairs …anchoring all of the social investment.
“The reason for that is basically just being able to help to stem the poverty tide because interventions in the economy do take time; while you are doing that, people are hungry; so, we use the social investment as a short term measure to stem poverty; to stem unemployment through the N-Power Programme, the Conditional Cash Transfer, the School Feeding Programme.
“But over and above that, what we are also doing through the MSMEs Clinics that we do across the states is to work the state and private sector to create opportunities; enabling environment for young people and everyone to able to discover their potential.
“And last but not least, there are a lot of young people in technology. Technology and innovation is something that in the last six years has taken a real surge and has helped in creating a lot of job opportunities.
“Our population is huge; over 200 million, of this number, 65per cent of them are young people. So, there is a lot of pressure in terms of the way our population grows versus the way our economy grows; so, that’s the reason a summit with the focus of discovering potential is very important to enable young people inwards and really discover what they can do in creating value.
“But the reality as well is that the collaboration between the states and federal and the private sector is helping but there are still so much that we can do.
“Of course, as we are struggling to do, the COVID realities also coming; the health and economic challenge as a result of COVID.”
He said, “So, the first thing on the side of government is the fact that there is now a ministry that focuses on ICT and digital economy; we all have a lot of states that are buying into that whole investment in their states; in setting up hubs; in setting up technology infrastructure.
“Now, that is something that we must do; but again, you also find that there are a lot of private sector investments—the amount of global fund, investments that are coming into our tech space is enormous.
“Ventures Park just two days ago announced the closure of their fund, $40million funds are going into investments; it is a pan-African fund; Nigeria we know is going to benefit and other African can countries.
“So, the tech infrastructure will be grown by a partnership between public and private and I dare say largely the private sector.
“What you need from government is really just policy and what I saw recently as well, is that you find a lot of tech angel investors who are working with the government to define the bill that they know will unlock and open that industry; so the tech guys are doing a lot of work.”
Also speaking, the Founder of Beat 79 FM, Tosin Shoga, said, “If you look at the attributes of a leader, to be a good leader; to be able to run an enterprise successfully, communication is one of the vital ingredients of becoming successful.
“Our youths must learn how to communicate; how to share information; how to share skills; there are you know that I don’t know; once we share information among ourselves, we are at an advantage in becoming successful.”

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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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