Tag: FG Palliative

“Civil servants buy 50kg rice at N40,000, resell at N85,000” – Rewane

Aminu Imam
Rewane on rice

A popular economist and the Executive Director of Financial Derivatives, Bismarck Rewane, has alleged that some civil servants bought 50kg bags of rice at N40,000 and resold it at N85,000. Rewane disclosed this during an interview on a television programme on Thursday. According to him, the price of rice which he described as a ‘Parallel market’ increased by 3.62 percent to N85,000 from N83,000 despite the government’s subsidized price of N40,000. “Our team went into the market Yesterday(Wednesday),… The price of rice coincidentally went up by 3.62 percent to N85,000.…

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‘Why FG hasn’t announced centres for sale of rice’ – Minister

Aminu Imam

Minister of Information and National Orientation, Mohammed Idris, has said that although the bags of rice to be sold by the Federal Government for N40,000 were available, sale centres cannot be announced, for fear of being hijacked and hoarded by “people who have money’. The Minister stated this while fielding questions from newsmen, following a press briefing at the Radio House in Abuja, yesterday. Recall that the Federal Government, through the Minister on Monday, said it had created centres across the country where Nigerians could purchase 50kg bags of rice…

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Food Crisis: FG donates 20 trucks of rice to each State, FCT

Aminu Imam
FG donates

The Federal Government has donated about 20 trucks of rice to each of Nigeria’s 36 States and Abuja, (FCT), as part of measures to cushion the country’s food crisis. Information Minister, Mohammed Idris, who disclosed this in Abuja on Monday while briefing State House reporters at the end of the Federal Executive Council (FEC) meeting, said, “Each of the trucks of course is carrying about 1,200 25kg bags of rice”. He further  said, “This is part of the measures that Government is taking in addition to so many others to…

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24m Nigerians to benefit from FG’s human capital development programme

Aminu Imam
President Tinubu's palliatives

The Presidency has announced that 24 million Nigerians are set to benefit from the Federal Government’s Human Capital Development (HCD) initiative, which aims to improve education, healthcare, and skills training across the nation. Recall that in 2018, the National Economic Council (NEC) launched the National Human Capital Development Programme to tackle poverty and promote sustainable economic growth, emphasising the importance of HCD. This initiative aims to expedite targeted investments in people, fostering equitable economic growth across Nigeria. At the strategy validation stakeholders engagement workshop, held in Abuja yesterday, the Deputy…

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Tinubu approves N155bn food package, N50,000 grant for  households

Aminu Imam
Tinubu approves

President Bola Tinubu has approved the National Construction and Household Support Programme, aimed at boosting agricultural productivity, strengthening the economy, and providing immediate economic relief for Nigerian households. According to a statement issued by the presidential spokesman, Ajuri Ngelale, the President disclosed this during the National Economic Council (NEC) meeting on Thursday, in Abuja. Ngelale added that the programme, which was supported by the NEC, includes financial allocations and infrastructure projects across all geo-political zones in the country. He added that a key component of the programme is the approval…

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’35 State governors hiding palliative money’ – Anti-corruption group alleges

Aminu Imam

Leading anti-corruption body, Follow The Money (FTM) has accused 35 state governors in the country of hiding the N9 billion palliative and infrastructure development funds provided by the Federal Government, saying that only Plateau State has been open on the money. FTM co-founder, Hamzat Lawal, speaking in an interview, said Nigerian governors have kept mum following confirmation of the receipt of the money, which came as N2 billion for fuel subsidy removal palliatives and N7 billion for infrastructure development. Noting how FTM sent Freedom of Information (FOI) requests to all…

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Customs begins nationwide sale of seized items, auctions bag of rice for N10, 000

Aminu Imam

The Nigeria Customs Service, (NCS), has commenced the sale of seized food items to Nigerians nationwide, with a 25 kilogramme bag of rice going for as low as N10, 000. Speaking at a media briefing to flag off the sale of the food items yesterday in Lagos, the NCS Comptroller-General, Bashir Adeniyi, said the initiative was part of the Service’s ongoing commitment to safeguarding food security and ensuring the availability of essential food items in the country. He stated that the NCS had secured approval from the Government to dispose…

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‘Reinstate subsidy, remove Governors from palliative chain’ – Arewa Forum urges Tinubu

Aminu Imam

The Arewa Economic Forum, (AEF) has urged President Bola Ahmed Tinubu to reinstate subsidy payment on Premium Motor Spirit (PMS) popularly known as petrol or fuel, using extra money paid to the States from the Federation Account Allocation Committee, (FAAC), to cater for it. AEF’s Chairman, Ibrahim Shehu Ɗandaka, conveyed the Forum’s position at a press conference yesterday in Abuja, amid prevailing economic challenges faced by the Nigerian masses with removal of fuel subsidy. The body wants the President to act on it urgently if he knows he can’t find…

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N3bn Palliatives Scandal: ‘Poverty Alleviation Ministry further crippling nation’s economy’ – Cleric

Aminu Imam

Following the alleged N3 billion corruption scandal rocking the Ministry of Humanitarian Affairs and Poverty Alleviation under Dr. Betta Edu, the Senior Pastor of Awaiting The Second Coming Of Christ Ministry, Adewale Giwa, has described the ministry as non-existent in Nigeria. According to him, the ministry was established to further cripple the nation’s economy. Recall that the Federal Ministry of Humanitarian Affairs and Poverty Alleviation was created by former President Muhammadu Buhari in 2019 with the goal of developing humanitarian policies and providing effective coordination of national and international humanitarian…

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CSOs express outrage over alleged Betta Edu’s N585m palliatives scandal

Aminu Imam

Civil Society Organisations (CSOs) have raised concerns regarding a memo from Humanitarian Affairs Minister, Betta Edu, directing the payment of N585 million into a private account, sparking widespread demand for an investigation into the matter. The controversy centers around a directive issued to the Accountant-General of the Federation (AGF), Oluwatoyin Madein, for transferring these funds that were reportedly intended for vulnerable groups in several Nigerian states. In a detailed breakdown, the memo revealed specific allocations for each state, totalling N585, 189,500, intended for various social investment programs. The Media Assistant…

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