News
Soaring Inflation: Experts Seek Policies To Mitigate Impact On Citizens
Some experts have reiterated the need for government at all levels to take effective measures to cushion the impacts of high inflation on citizens.
They spoke in an interview with The Tide’s correspondent, yesterday in Abuja.
The experts urged the President Bola Tinubu-led administration to focus mainly on policies to mitigate inflation’s impact on food prices.
They acknowledged some of the challenges that may arise, such as the need to balance short-term relief with long-term sustainability.
According to Mr Gabriel Jato, an Agricultural Economist, the proposed solutions can be temporary price controls, targeted subsidies, agricultural support, and expanded social protection programmes.
Jato said: “these measures aim to prevent exploitative pricing, ensure food access for vulnerable populations, and stabilise prices through agricultural investment.
“It will also provide financial assistance to those most affected by rising food costs.”
Dr Funmi Adeleke, a food nutritionist in Abuja, emphasised the need for people to access basic nutritious foods.
According to Adeleke, nutrition education is crucial for all, but it becomes ineffective if people cannot afford nutritious foods.
“ As Nigeria navigates inflation and rising food prices, decisive government action is essential to protect citizens’ well-being.”
Mr Yusuf Ibrahim, a civil society activist, urged government action to prioritise food security in the country.
He urged the Federal Government to implement policies that benefit ordinary and average Nigerians.
“Through targeted policies and interventions, the government can alleviate the burden on the average Nigerian and ensure a more secure future for all,” he said.
Mr Terfa Atule, a small-scale farmer, highlighted some of the challenges being faced by farmers, which, according to him, are contributors to rising food prices.
“The rising cost of inputs like fertilisers and pesticides has made farming less profitable.
“The cost of transporting food products after being produced on farms to the market and end users has skyrocketed.
“Also, the issue of insecurity has made many farmers unable to go to their farms to produce.
“I pray the relevant authorities will act on these issues for the good of all Nigerians,” he said.
Meanwhile, Mrs Agnes Bello, a mother of three, expressed her struggle to provide nutritious meals for her family, saying, “the cost of food has become unbearable.”
Bello urged the government to address the plight of citizens and propose lasting solutions to the issues of rising food prices and transportation.
The Tide’s source reports that the removal of fuel subsidies in May 2023, triggered a surge in inflation rates in Nigeria, leading to high food prices and economic strain.
A year later, the impact is profound, with living costs rising steeply and essential items becoming unaffordable.
In March 2024, the headline inflation rate released by the National Bureau of Statistics (NBS) hit 33.20 per cent, up from February’s 31.70 per cent, highlighting the severity of the situation.
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Victory Over Insurgency Certain, Tinubu Assures
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.
News
US Embassy, Lagos Consulate Close Today For President’s Day
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
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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