Editorial
Tinubu’s Palliative For Poor Households

Nigeria’s President, Bola Ahmed Tinubu, recently unveiled an initiative by the Federal Government to provide financial support to 12 million poor households in Nigeria. The President shared details of the government’s plan to transfer N8,000 monthly to these households for six months.
Consequently, a request for a loan of $800 million for the social safety net programme has been granted by the Senate. The House of Representatives has also approved N500 billion as part of an amendment to the 2022 Supplementary Appropriation Act for the provision of palliative care.
The President highlighted that direct money transfers to poor families would have a far-reaching impact, with a multiplying effect on about 60 million individuals. To ensure transparency and efficiency, Tinubu emphasised that the funds would be digitally transferred to households, bolstering the initiative’s credibility and effectiveness.
This development came shortly after the former President, Muhammadu Buhari, sought Senate’s approval for an $800 million loan from the World Bank. It was to mitigate subsidy removal effects. The grant disbursement aligns with the planned removal of subsidies in June 2023, as previously stated by former Minister of Finance, Budget, and National Planning, Zainab Ahmed.
President Tinubu wasted no time in implementing the removal of fuel subsidies, formally announcing its end during his inaugural speech on May 29. The subsequent plan to transfer funds directly to poor households signifies the government’s seeming commitment to supporting those most in need to alleviate the impact of subsidy removal on vulnerable communities.
Some Nigerians have commended the move to disburse N8,000 for palliative care to indigent families. According to them, it would cushion the harsh effects of fuel subsidy withdrawal. However, others think that the policy would replicate the failed social security fund under Buhari’s administration. Buhari introduced the N-Power Programme, School Feeding Programme, TraderMoni, and others with no impact on Nigerians.
We consider Tinubu’s subsidy removal palliative scheme very disturbing. He should take a cautious approach to the policy. Clearly, he cannot cushion the effects of subsidy removal through the planned distribution of a paltry N8,000. A simple calculation shows that the said money will only amount to N48,000 for the proposed duration of six months. This mocks the poor and makes no economic sense.
The incumbent administration is treading the same path as its immediate predecessor. Nigerians will be subjected to the rigours of loan repayment. This meagre monetary palliative could barely feed a family of two for five days because of deepening poverty as a result of subsidy removal. It is unacceptable that Nigerians are presented with funds far less than what federal lawmakers are offered to refurbish their offices.
There are enough reasons to conclude that the N8,000 monthly handout to a mere fraction of the poverty-stifled masses would create another avenue for the corrupt enrichment of a few cliques in power. This was witnessed with previous poverty alleviation programmes of the All Progressives Congress (APC) namely the TraderMoni scheme, the Direct Cash Transfer and the School Feeding Programme supervised by the Ministry of Humanitarian Affairs and Disaster Management.
Regrettably, the new administration is unmindful of the worsening debt burden under which the Nigerian economy asphyxiates. The debt profile has further been worsened by the $800 million World Bank loan which is bound to widen the 2023 budget deficit. It is not surprising that the Senate quickly approved the $800 million loan to supposedly support poor and vulnerable Nigerians under the guise of the National Social Safety Net programme.
The N8,000 monthly payment is a Greek gift. While attempts are made to hoodwink Nigerians that the palliative is in their interest, the reality is that they would soon face further pains with the repayment of this loan which would increase the nation’s debt burden rather than alleviate the multidimensional poverty line.
The proposed monetary palliative would not help economically. Rather, the government should intervene in public transportation to alleviate subsidy cancellation. The palliative is another subsidy in disguise. They cannot declare subsidy a conduit and create another in its place. Tinubu should introduce policies that could be replicated worldwide. As with TraderMoni, the money palliative would breed corruption.
A country like Nigeria that has not reached optimal production levels should not resort to cash palliatives. It is appropriate in a country that has attained optimum production levels but people are restricted from working. An example of such is the United States where cash was distributed during COVID-19 restrictions because people could not venture out to perform economic activities.
It is expedient to fix the nation’s nonfunctional refineries and make them work at their maximum capacities. If refineries worked, their economic effects would immensely benefit the entire country. The government could also identify and rehabilitate some major federal roads in the Federation. The proposed palliative money should be jettisoned as it would still go into greedy politicians’ hands.
Editorial
Making Rivers’ Seaports Work

When Rivers State Governor, Sir Siminalayi Fubara, received the Board and Management of the Nigerian Ports Authority (NPA), led by its Chairman, Senator Adeyeye Adedayo Clement, his message was unmistakable: Rivers’ seaports remain underutilised, and Nigeria is poorer for it. The governor’s lament was a sad reminder of how neglect and centralisation continue to choke the nation’s economic arteries.
The governor, in his remarks at Government House, Port Harcourt, expressed concern that the twin seaports — the NPA in Port Harcourt and the Onne Seaport — have not been operating at their full potential. He underscored that seaports are vital engines of national development, pointing out that no prosperous nation thrives without efficient ports and airports. His position aligns with global realities that maritime trade remains the backbone of industrial expansion and international commerce.
Indeed, the case of Rivers State is peculiar. It hosts two major ports strategically located along the Bonny River axis, yet cargo throughput has remained dismally low compared to Lagos. According to NPA’s 2023 statistics, Lagos ports (Apapa and Tin Can Island) handled over 75 per cent of Nigeria’s container traffic, while Onne managed less than 10 per cent. Such a lopsided distribution is neither efficient nor sustainable.
Governor Fubara rightly observed that the full capacity operation of Onne Port would be transformative. The area’s vast land mass and industrial potential make it ideal for ancillary businesses — warehousing, logistics, ship repair, and manufacturing. A revitalised Onne would attract investors, create jobs, and stimulate economic growth, not only in Rivers State but across the Niger Delta.
The multiplier effect cannot be overstated. The port’s expansion would boost clearing and forwarding services, strengthen local transport networks, and revitalise the moribund manufacturing sector. It would also expand opportunities for youth employment — a pressing concern in a state where unemployment reportedly hovers around 32 per cent, according to the National Bureau of Statistics (NBS).
Yet, the challenge lies not in capacity but in policy. For years, Nigeria’s maritime economy has been suffocated by excessive centralisation. Successive governments have prioritised Lagos at the expense of other viable ports, creating a traffic nightmare and logistical bottlenecks that cost importers and exporters billions annually. The governor’s call, therefore, is a plea for fairness and pragmatism.
Making Lagos the exclusive maritime gateway is counter productive. Congestion at Tin Can Island and Apapa has become legendary — ships often wait weeks to berth, while truck queues stretch for kilometres. The result is avoidable demurrage, product delays, and business frustration. A more decentralised port system would spread economic opportunities and reduce the burden on Lagos’ overstretched infrastructure.
Importers continue to face severe difficulties clearing goods in Lagos, with bureaucratic delays and poor road networks compounding their woes. The World Bank’s Doing Business Report estimates that Nigerian ports experience average clearance times of 20 days — compared to just 5 days in neighbouring Ghana. Such inefficiency undermines competitiveness and discourages foreign investment.
Worse still, goods transported from Lagos to other regions are often lost to accidents or criminal attacks along the nation’s perilous highways. Reports from the Federal Road Safety Corps indicate that over 5,000 road crashes involving heavy-duty trucks occurred in 2023, many en route from Lagos. By contrast, activating seaports in Rivers, Warri, and Calabar would shorten cargo routes and save lives.
The economic rationale is clear: making all seaports operational will create jobs, enhance trade efficiency, and boost national revenue. It will also help diversify economic activity away from the overburdened South West, spreading prosperity more evenly across the federation.
Decentralisation is both an economic strategy and an act of national renewal. When Onne, Warri, and Calabar ports operate optimally, hinterland states benefit through increased trade and infrastructure development. The federal purse, too, gains through taxes, duties, and improved productivity.
Tin Can Island, already bursting at the seams, exemplifies the perils of over-centralisation. Ships face berthing delays, containers stack up, and port users lose valuable hours navigating chaos. The result is higher operational costs and lower competitiveness. Allowing states like Rivers to fully harness their maritime assets would reverse this trend.
Compelling all importers to use Lagos ports is an anachronistic policy that stifles innovation and local enterprise. Nigeria cannot achieve its industrial ambitions by chaining its logistics system to one congested city. The path to prosperity lies in empowering every state to develop and utilise its natural advantages — and for Rivers, that means functional seaports.
Fubara’s call should not go unheeded. The Federal Government must embrace decentralisation as a strategic necessity for national growth. Making Rivers’ seaports work is not just about reviving dormant infrastructure; it is about unlocking the full maritime potential of a nation yearning for balance, productivity, and shared prosperity.
Editorial
Addressing The State Of Roads In PH

Editorial
Charge Before New Rivers Council Helmsmen

-
Editorial3 days ago
Making Rivers’ Seaports Work
-
News3 days ago
RSG Cancels ?134BN Secretariat Contract, Orders Refund Of ?20BN Mobilisation … Revalidates Four Projects
-
Opinion4 days ago
Betrayal: Vice Of Indelible Scar
-
News3 days ago
NLC Faults FG’s “No Work, No Pay” Policy
-
News4 days ago
Group Harps On Empowerment Of Girl Child
-
Featured3 days ago
Nigeria’s First Lady Flags Off Renewed Hope Health Initiative In Rivers …Targets Measles, Rubella, HPV Vaccination For Children, Women
-
News4 days ago
Digital Infrastructure Key To Nigeria’s Economic Growth -NIEEE
-
News3 days ago
First Lady Charges RHI Beneficiaries To Build Foundation For Food-Secure Nigeria …As 800 Rivers Farmers Receive Agric Empowerment Support