News
Vote 10% Annually For Agric, FG Told
The Minister of Agriculture and Rural Development, Dr Akinwumi Adesina, has called for the allocation of 10 per cent of the nation’s annual budget to agriculture.
Adesina made the suggestion while contributing to a discussion in Abuja yesterday at the 19th Nigeria Economic Summit on ways to sustain the nation’s agenda on agriculture.
He said that financing the growth and development of the agriculture sector should be significantly expanded for realistic growth.
“At the moment, we are not spending enough on agriculture. As we go forward, we have to restructure the modes of financing of the sector.
“We need to make at least 10 per cent of our budget to go to agriculture, if we want to sustain this particular agenda.
“The issue of getting financing from the private sector is key. Nobody is going to do agriculture and borrow money at 25 per cent interest rate and also make profit.
“So we need to find new institutions, new arrangements and new platforms that will allow us to get affordable financing as well as long-term financing.
“So we really cannot get far until we tackle this particular issue.’’
Adesina also said that adequate funding of research and development institutes that were geared toward innovative agriculture discoveries was important.
“I think it is very crucial for us to invest heavily in research and development because no nation in the world has been able to achieve this without spending money on innovative technologies.
“Talk about China, Brazil, Pakistan and India, all of them invested in innovative technologies.
“Right now we are spending less than one per cent on research and development and it is not enough. To be the global power we want to be, we must spend more on research.’’
He said that another factor stunting the growth of agriculture in the country was the issue of agricultural extension, diverse means of transportation of farm produce, among others.
The minister said that the way forward was for young and fresh minds to come into the business of agriculture.
Adesina said that this was the reason why the recently launched Nurturing the Successor Generation of Nigerian Farmers and Agriculture Enterprises by President Jonathan, was a welcome development.
The Chairman of Heir Holdings, Mr Tony Elumelu, said that there should be continuity in the transformation of the agriculture agenda, to achieve sustainability in the sector.
He said that the ultimate goal of the agriculture agenda would be achieved when policy reforms and incentives were put in place.
“We also need to think of how to make agriculture more lucrative. It employs a lot of people but in actual wealth, it doesn’t make a lot of them rich.
“So if we succeed in making it lucrative and people begin to make money, naturally others would want to join in,’’ he said.
The Chief Executive Officer, Stanbic IBTC Holdings, Mrs Sola Borha, said that for affordable lending for agriculture purposes, the sector needed to be attractive, to enable banks feel safe to advance loans.
“ NIRSAL funds provided by the Central Bank is a step in the right direction since it is aimed at sharing risk, this will result to bankers feeling more comfortable in advancing agricultural loans.
“ This would help to bring the lending rates to the agricultural sector down.
“A commodity exchange, plus warehousing system, is absolutely key in providing the appropriate structure to agric business,’’ she said.
The Minister of the National Planning Commission, Dr Shamsudeen Usman, said that an alternate funding of the agriculture system apart from the traditional funding by banks was necessary.
“ At the federal level more economic policies like the NIRSAL funds should be fashioned to cushion risks in agriculture funding.
“Diversifying the transport sector is also important, which is why a step in that direction is already being taken, through resurrecting the train routes of Kano to Lagos and Port Harcourt to Borno,’’ he said.
The Managing Director, PZ Industries Plc, Mr Christos Giannopolus, also harped on the importance of having the right transportation system in place to aid movement of goods and services.
“ However, time is costly, if it takes over a month to move goods from Port Harcourt to the north, that becomes a challenge.’’
Giannopolus also urged the government to create more road corridors in the country.
He noted that the cost of using a particular means of transport half way through a journey and having to change to another was not cost effective and that it affected prices in the long run.
News
Army Detains Soldier Over Alleged Assault In Benue

The Nigerian Army says it has taken into custody Christopher Emmanuel, who allegedly assaulted a female vendor, Doshima, in Kula, Gwer West Local Government Area of Benue.
This was contained in a statement by the Acting Assistant Director, Army Public Relations, 401 Special Forces Brigade, Makurdi, Capt. Abdullahi Osabo, yesterday.
Osabo said the Headquarters Operation Whirl Stroke took cognisance of the incident, which occurred on May 6 and reported on May 8.
He said the incident might have stemmed from a dispute over an unpaid debt, with allegations suggesting that the soldier claimed the woman insulted him during a phone conversation.
According to him, it is further alleged that this confrontation may have escalated into a physical altercation, which is now under investigation.
“Private Christopher Emmanuel is currently in custody, and a thorough investigation will be conducted to determine the circumstances surrounding the incident.
“The Nigerian Army has zero tolerance for human rights abuses and will take disciplinary action based on findings of the investigation.
“The leadership of the Nigerian Army assures the general public and the victim that justice will be served in line with the military’s high standards.
“OPWS strongly condemns any form of indiscipline or human rights abuse by its personnel,” he said.
Osabo urged members of the public to report any instances of abuse by Nigerian army personnel to the Human Rights Desk helpline instead of using social media.
He gave the assurance that all reports of infractions by army personnel were viewed seriously, investigated, and sanctions applied where personnel were found culpable.
“We appreciate your understanding and cooperation,” he added.
News
S’Court Holds Valedictory Session For Late Justice Ogwuegbu, Wed

The Supreme Court of Nigeria will hold a valedictory court session on Wednesday, May 14, to honour the late Justice Emmanuel Ogwuegbu, a former Justice of the court who passed away in October last year.
The session is scheduled to take place at 2.pm in the main courtroom of the Supreme Court.
A statement issued yesterday by the Director of Information and Public Relations of the apex Court, Dr Festus Akande, revealed that the late judicial icon died peacefully in his sleep on October 28, 2024, at the age of 91.
Born on March 16, 1933, in Amainyi, Ihitte-Uboma Local Government Area of Imo State, Justice Ogwuegbu rose from a humble background to become a towering figure in the legal profession.
He was appointed a judge of the High Court of Imo State in November 1976, serving as Administrative Judge of the Owerri Judicial Division from 1976 to 1979. He later served in the same capacity in the Aba Judicial Division in 1980.
Elevated to the Court of Appeal in September 1987, Justice Ogwuegbu served in the Ibadan and Lagos Divisions before his appointment as a Justice of the Supreme Court of Nigeria in April 1992.
In recognition of his outstanding contributions to the judiciary, he was seconded by the Federal Government to serve on the Supreme Court bench of The Gambia from December 1999 to 2002.
He returned to Nigeria to continue his meritorious service at the Supreme Court until his retirement on 16 March 2003.
The valedictory session will be presided over by the Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun.
Tributes will be paid to the late Justice Ogwuegbu by the Chief Justice and other key stakeholders in the nation’s justice sector.
The session will also be attended by the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN).
News
Over 80 Army captains to sit for 2025 promotion exam in Benin

A total of 86 Nigerian Army captains will be sitting for the 2025 written promotion examination in Benin.
The week-long examination will run from May 12 through May 16 and is being hosted by the Nigerian Army School of Supply and Transport (NASST).
Speaking at the opening session on Sunday in Benin, Maj. Gen. Kevin Aligbe, commander, Training and Doctrine Command (TRADOC) and president of the examination saluted the candidates for reaching this pivotal point in their careers.
He described the examination as a major stepping stone to higher responsibilities and called for professionalism, discipline and zero tolerance for examination malpractice.
“The examination is part of the Nigerian Army’s structured promotion process aimed at building a professional, disciplined and merit-driven officer corps, in line with the Chief of Army Staff’s vision of a capable and responsive force.
“This is an opportunity to make a solid progression in your chosen career.
“Let me assure you that if you have prepared well, you will pass this exam without resorting to any form of malpractice. We expect nothing short of a 100 per cent success,” he said.
According to him, the examination is a key prerequisite for promotion to the rank of major while also urging all participants to give it their best, especially those making a second attempt.
He noted that only three chances were allowed by the army policy.
Mr Aligbe however, warned that any candidate caught cheating, discussing answers in the hall or violating security protocols would be disqualified and made to face further disciplinary action.
He also disclosed that awards and commendation letters, including cash prizes would be given to candidates who rank first, second and third.
He added: “our desire is to see all of you pass”, while assuring fairness and transparency in the marking process.
In his welcome address, Maj. Gen. Adebayo Adegbite, commandant of NASST, said the school was honoured to host the promotion exam.
He noted that the examination marks a critical milestone in the career development of officers.
“You have undergone a rigorous one-month preparatory cadder.
“The mock exam assessed your readiness. We expect good performance.
“Be reminded of the security situation in Benin. Avoid unnecessary movements. Move in pairs and be security conscious,” he said.
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