“Declare ‘state-of-emergency’ on food”- OPC tasks Tinubu

OPC tasks Tinubu

…Laments deaths at free-food points The Oodua People’s Congress (OPC) has called on President Bola Tinubu to immediately declare a ‘state-of-emergency’ on food nationwide. OPC, in an issued statement signed by Comrade Bunmi Fasehun, OPC General Secretary, lamented the reported deaths last week of 35 people in Ibadan, capital of Oyo State, 20 in Okija area of Anambra State, and 10 in Abuja the Federal Capital Territory, (FCT). It said, “As a matter of national emergency, Tinubu must intervene to bring down food prices to reduce hunger in Nigeria and…

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SERAP sues Tinubu over ‘failure to probe missing N57bn in H’Affairs Ministry, others

SERAP sues Tinubu

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu over “the failure to direct the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, to work with appropriate anti-corruption agencies to probe allegations that over N57 billion of public funds are missing. The  amounts were allegedly diverted, or stolen, from the Federal Ministry of Humanitarian Affairs and Poverty Alleviation in 2021 alone. The damning allegations are documented in the 2021 audited report released last month by the Office of the Auditor-General of the Federation.…

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Kukah backs Tinubu’s tax reforms to tackle elite recklessness

Catholic Bishop of Sokoto Diocese, Bishop Hassan Kukah, has expressed support for the proposed tax reform Bills introduced by President Bola Tinubu, stating that they have the potential to curb the recklessness of the elite in the country. Speaking on a television programme  yesterday, Kukah asserted that the Bills were what the country needed to catapult it into economic prosperity. According to the controversial cleric, the Bills would halt the fiscal impunity and financial recklessness of the elites. The Bill, which has passed the second reading at the Senate, is…

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Hardships: “Reverse bad economic policies” – Catholic Knights urge Tinubu 

Catholic Knights urge Tinubu

The Knights of St. Mulumba (KSM) Nigeria, a foremost Catholic Order, has called on President Bola Tinubu to urgently reverse economic policies responsible for the intense hardship Nigerians are passing through.Food and travel guides The KSM Nigeria stated this in Calabar on Friday, at a press briefing to mark the commencement of its 45th Supreme Council Convention, with the theme: “Deepening Christian Spirituality and Family Values – Roles and Challenges”, billed to be held from Friday to Sunday. According to its leader, Worthy Supreme Knight Charles Mbelede, “The Order is…

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Ndume threatens to quit APC over Tax Reform Bills

Ndume threatens

Senator representing Borno-South, Ali Ndume, has expressed his dissatisfaction with the proposed tax reform Bills, warning he may leave the ruling All-Progressives Congress (APC).  Ndume, who has criticized the reforms, said his loyalty to President Bola Tinubu has kept him in the party despite his frustrations. During an interview during a television interview  yesterday, Ndume said: “I am close to Tinubu and don’t want him to fail, which is why I tolerate some of these insults. But if the party allows me, I will leave”.  “I can leave the party.…

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‘Missing N57bn: “Probe: Humanitarian Affairs Ministry” – SERAP 

SERAP on missing N57bn

The Socio-Economic Rights and Accountability Project, (SERAP), has urged President Bola Tinubu to direct the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, (SAN), and appropriate anti-corruption agencies to probe the allegedly over N57 billion of public funds “missing, diverted or stolen” in the Federal Ministry of Humanitarian Affairs and Poverty Alleviation in 2021. In the letter dated 23 November 2024 and signed by SERAP deputy director Kolawole Oluwadare, the organisation said: “The allegations amount to stealing from the poor. There is a legitimate public interest in ensuring…

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PDP govs urge Tinubu to review economic policies

PDP govs urge Tinubu

State governors elected on the platform of the Peoples Democratic Party have called on President Bola Tinubu to review his administration’s economic policies to address current hardship in the land. The governors made the call in a communique issued in Jos, Plateau State, after their two-day meeting, which ended yesterday. The communiqué, signed by Senator Bala Mohammed, Bauchi State Governor, who is the chairman of the Governor’s forum, read in part: “The Forum empathizes with Nigerians, who are groaning under the oppressive economic hardship foisted on the nation by the…

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‘Nigeria’s reforms are not working’ – IMF Report

The latest International Monetary Fund (IMF) report on the economic outlook for sub-Saharan Africa has indicated that Nigeria’s ongoing economic reforms are struggling to deliver meaningful results, even 18 months after their implementation. The report, presented on Friday at the Lagos Business School (LBS) by IMF Deputy Director, Catherine Patillo, highlighted a mixed performance of economic reforms across the region, with notable successes in countries such as Côte d’Ivoire, Ghana, and Zambia. However, Nigeria was conspicuously absent from the list of success stories. According to the report, sub-Saharan Africa’s average…

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FG to borrow N13.8trillion to fund 2025 Budget

FG to borrow

The Federal Government is to source N13.8trillion of the proposed N47.9 trillion 2025 Budget through borrowing. Recall that the Federal Executive Council (FEC), on Thursday, approved the budget proposal and borrowing of N13.8 trillion. Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this while briefing State House correspondents, at the end of the Council meeting, presided over by President Bola Tinubu at the Presidential Villa, Abuja. The approval is part of the Medium-Term Expenditure Framework, (MTEF), and Fiscal Strategy Paper, for 2025-2027, by the Fiscal Responsibility Act of 2007,…

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FEC approves ?48 trillion Budget for 2025

FEC approves 2025 Budget

The Federal Executive Council (FEC), yesterday, approved a proposed Budget of ?47.9 trillion for 2025 fiscal year. Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this while briefing State House journalists after the FEC meeting presided over by President Bola Tinubu, yesterday. This was part of the Medium-Term Expenditure Framework (MTEF) for 2025 to 2027 and in line with the Fiscal Responsibility Act of 2007. The FEC granted approved its submission to the National Assembly as required by the Act. The framework projected Gross Domestic Product (GDP) growth rate…

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