News
Reps Give FG 72 Hours To Unfreeze NSIPA’s Accounts
The House of Representatives has called on the Federal Government to direct the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, to within 72 hours, unfreeze the accounts of the National Social Investment Agency (NSIPA), given its role in addressing hunger and poverty.
The position of the Green Chamber was a sequel to the adoption of a motion at yesterday’s plenary sponsored by the Deputy Speaker, Benjamin Kalu, and 20 other lawmakers.
Allegations of corruption and shady deals compelled the President Bola Tinubu-led government to freeze the accounts of the agency, to give room for a total overhauling of its programmes.
While calling for support for the motion yesterday, Kalu emphasised that NSIPA oversees critical social intervention programmes such as Grant for Vulnerable Groups, N-Power, the Government Enterprise and Empowerment Programme, Conditional Cash Transfers and the National Home-Grown School Feeding Programme, among others.
He also noted that the Renewed Hope Agenda of the Tinubu-led government emphasises the mandate of the NSIPA to cushion the effect of economic shocks on the poor and the vulnerable.
He said, “The House is disturbed that despite the programmes of NSIPA being vital for poverty alleviation, youth empowerment, and economic inclusivity in Nigeria; the agency’s functionality has been hindered due to administrative bottlenecks, insufficient funding and frozen accounts.
“The House is worried that the effort of the government and the laudable programmes of NSIPA were truncated by alleged financial mismanagement by handlers of the programmes leading to the suspension of programmes and freezing of the agency’s account and subsequent investigation by anti-corruption and security agencies.
“The House is concerned that the smooth operations of the programmes and the fulfilment of the mandate of NSIPA are hindered due to the suspension of the accounts of the agency and other administrative bottlenecks, which has remained in force even more than three months after the President reconstituted the new management of NSIPA.”
Kalu who represents Bende Federal Constituency, Abia State, further said the frozen accounts of the agency contradict the President’s mandate on poverty alleviation by hindering and halting social welfare programs, including conditional cash transfers, small business grants, and school feeding initiatives.
This, according to him undermines “Economic empowerment initiatives, delays in achieving Sustainable Development Goals and cause erosion of public confidence and administrative paralysis in fighting poverty, among other things.”
Kalu noted that following the suspension of accounts of the NSIPA, “The N-Power programme has been so negatively affected that 395,731 beneficiaries are owed outstanding stipends to the tune of N81.32bn; a fund already captured under the 2023 and 2024 amended Appropriation Acts, which will lapse by the year ending December 31, 2024.”
Following the adoption of the motion, the House urged the President to mandate the minister of finance and the Coordinating Minister of the Economy to “ensure that all frozen accounts of the National Social Investment Programmes Agency are unfrozen within 72 hours to enable the smooth recommencement of all the programmes.”
The minister was also tasked to ensure the release of funds to NSIPA for the payment of outstanding stipends owed to 395,731 N-Power beneficiaries nationwide without further delay.
It further mandated the Minister of Humanitarian Affairs and Poverty Reduction, Dr Yusuf Sununu, to ensure that all the administrative bottlenecks hindering the smooth operations of all programmes of NSIPA are immediately removed.
News
RSG Seeks Horticulturists’ Partnership To Restore Garden City Status
The Rivers State Government has called for stronger collaboration with horticulturists as part of renewed efforts to restore the aesthetic appeal and environmental quality of Port Harcourt, in line with its urban renewal agenda.
The Commissioner for Urban Development, Sir Amairagha Edward Hart, made the call during an interactive session with private horticulturists and flower dealers at his office in Port Harcourt, recently.
He said the present administration remains committed to reviving the famed Garden City status of the state capital through deliberate policies and strategic partnerships, noting that professionals in horticulture have a key role to play in achieving that vision.
The Commissioner stressed that the state government is placing high premium on environmental sustainability, beautification of public spaces, and the creation of a serene urban atmosphere that reflects global best practices.
The Commissioner urged horticulturists to align their operations with government’s urban development guidelines, adding that their expertise and experience are essential in transforming Port Harcourt into a model city.
According to him, the collaboration will not only enhance the city’s visual appeal but also contribute to improved environmental health and economic opportunities for practitioners in the sector.
He, however, cautioned against practices that undermine urban order, particularly the obstruction of walkways and indiscriminate occupation of public spaces meant for other uses.
Hart emphasized that while the government encourages business growth, such activities must be carried out in a manner that supports urban planning objectives and promotes public convenience.
In a move to further support the sector, he disclosed plans by the Ministry to establish a dedicated “Flower Village” that will serve as a central hub for horticulturists and flower dealers across the state capital.
He explained that the proposed initiative is aimed at restoring sanity to the use of walkways and road corridors, while also creating a structured environment that will enhance business operations and boost revenue generation.
Responding on behalf of the practitioners, Evang. Caroline Nabo highlighted some of the challenges faced by horticulturists, including theft of plants and materials by scavengers and scrap metal dealers.
She appealed to the state government for intervention to safeguard their investments, even as she and other stakeholders commended the Ministry’s proactive steps and pledged their support towards the successful greening and beautification of Port Harcourt.
King Onunwor
News
TUC Demands Subsidy To Cushion Rising Fuel Prices
The Trade Union Congress of Nigeria (TUC ) has called on the Federal Government to deploy excess crude oil revenue to subsidise local refineries as a way of cushioning the impact of rising fuel prices on Nigerians.
President of the Congress, Festus Osifo, who made the call during a press briefing in Abuja, yesterday, warned that the price of Premium Motor Spirit could climb to as high as N2,000 per litre if urgent measures are not taken.
Osifo said the persistent increase in the pump price of petrol, driven by global crude oil price volatility and exchange rate challenges, has worsened the economic hardship faced by Nigerian workers.
The TUC leader attributed the surge partly to international developments, including tensions involving the United States, Israel and Iran, which have affected global oil supply dynamics.
Osifo also linked the rising cost of petrol to the depreciation of the naira, warning that the continued weakening of the currency is compounding inflationary pressures and reducing the real value of workers’ earnings.
To address the situation, the TUC president proposed that the government should utilise excess revenue generated when crude oil prices exceed the budget benchmark to support local refining.
He explained that with the 2024 budget benchmarked at $64.85 per barrel, any price above that threshold results in additional revenue shared by the three tiers of government, adding that at least 60 per cent of such excess funds should be channelled into subsidising crude supplied to domestic refineries, including the Dangote Refinery and other modular refineries.
He also urged authorities to take deliberate steps to stabilise the currency, noting that exchange rate stability would significantly reduce the cost of imported energy and other goods.
The TUC said it would formally communicate its proposals to the Federal Government, including the Presidency, with a view to ensuring the prompt implementation of measures to ease the hardship facing Nigerians.
He said, “Today, the cost of petrol is heading towards N2,000 per litre, depending on the part of the country that you are in. It has deeply affected the purchasing power of the salaries that we earn as Nigerian workers.
“Let the government take that excess fund that was never budgeted for, take at least 60 per cent of it, and use it to subsidise the crude being supplied to Dangote Refinery.
“The same should be done for Dangote Refinery and all modular refineries, where crude is supplied to them at that subsidised rate.
“Take the difference from the excess crude revenue, take about 60 per cent of it, and use it to subsidise the price at which crude is supplied to the refinery.
“When you subsidise crude, it cannot be abused because you are subsidising production directly. When that is done, we are going to see an immediate reduction in the price of petroleum products.”
News
DHQ Confirms Deaths Of Terrorists, Soldiers In Borno Attack
The Defence Headquarters has confirmed that terrorists and military personnel were killed when insurgents launched a coordinated attack on the 29 Task Force Brigade Headquarters in Benisheikh, Borno State.
The military, however, did not confirm or debunk reports that the Commander of the 29 Brigade, Brigadier General Oseni Braimah, was among those killed in the incident.
The Defence Headquarters in a statement by the Director, Defence Media Operations, Major General Michael Onoja, yesterday, said the attack occurred at about 12:30am yesterday when insurgents attempted to breach the defensive perimeter of the military installation.
He said troops of Operation HADIN KAI, led by the brigade commander, responded with “exceptional courage, professionalism, and superior firepower,” forcing the attackers to retreat.
“In continuation of the Armed Forces of Nigeria’s counter-terrorism efforts, troops of the 29 Task Force Brigade in Operation HADIN KAI came under a coordinated terrorist attack on their location at the Brigade Headquarters in Benisheikh, Borno State.
“However, the troops, led by the Commander 29 Brigade, Brigadier General Oseni Braimah, responded with exceptional courage, professionalism, and superior firepower. In a well-coordinated counteraction, the insurgents were decisively engaged and forced to retreat in disarray, abandoning their mission, ”the statement partly read.
The Defence Headquarters described the attack as a sign of desperation by insurgents who had suffered significant losses in recent military operations.
“This attack is a clear indication of the desperation of terrorist elements who, having suffered significant losses in recent operations, continue to resort to futile and ill-fated offensives against well-defended military positions,” the statement added.
The military acknowledged that the encounter resulted in casualties among troops, but did not confirm or debunk reports that the Commander of the 29 Brigade, Brigadier General Oseni Braimah, was among those killed in the incident.
“Regrettably, the encounter resulted in the loss of a few brave and gallant soldiers who paid the supreme price in the line of duty. The Chief of Defence Staff honours their heroism, sacrifice, and unwavering commitment to the defence of the nation,” the statement noted.
It added that the High Command had extended condolences to the families of the fallen personnel and urged the public to avoid spreading unverified information, especially on social media.
The Defence Headquarters also disclosed that clearance operations were ongoing to track fleeing insurgents and prevent them from regrouping.
“The Armed Forces of Nigeria, in collaboration with other security agencies and stakeholders, remain resolute and undeterred in the ongoing fight against terrorism and insurgency. Additional clearance and exploitation operations are ongoing in the general area to track and neutralise fleeing insurgents,” the statement said.
The incident follows a pattern of rising attacks in the region in which residents and security personnel have lost their lives.
-
Editorial2 hours agoDomesticate FG’s Exit Benefit Scheme
-
News2 hours agoDHQ Confirms Deaths Of Terrorists, Soldiers In Borno Attack
-
Niger Delta3 hours ago
Okpebholo Urges Edo Youths To Join Nigerian Army Recruitment
-
Business3 hours ago
IGR Firm Applauds Akpe’s Appointment As New D’Gov
-
Business2 hours ago
NPF Disburses ?21.68m To Fallen Heros’ Families …Reinforce Welfare Commitment
-
Business2 hours ago
NPA Targets N1.489tn Revenue In 2026
-
Sports3 hours ago
NFF Reacts As Flying Eagles Laments Unpaid N1.5bn Bonuses
-
Sports3 hours ago
Full Draw For 2026 U-17 AFCON
