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IMPI rates Tinubu’s 8-month as good for Nigeria’s economic growth despite challenges

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***Asks President to maintain tempo on fight against corruption

The Independent Media & Policy Initiative (IMPI) has rated the administration of President Bola Ahmed Tinubu high in the delivery of its Renewed Hope Agenda
This it said is despite enormous institutional, economic headwinds and domestic challenges it has had to contend with.

At a press conference on Tuesday in Abuja, Chairman of the IMPI, Chief Niyi Akinsiju indicated that from the conceptualisation and deployment of policies across multifarious sectors by the federal government, it is convinced that “President Tinubu is putting in place new building blocks to serve as the bedrock of a new model for national economic growth and socio-political development.”

The Group had reviewed policy applications by the federal government and the Central Bank working together in the management of foreign exchange, and it encouraged that the policy outcomes of the collaboration would address the supply side of forex in the context of the current floating regime with expected consequential effects on the value of the Naira.

“Currently the Nigerian Stock market takes a pride of place as the number one stock exchange globally, principally driven by domestic investors, which as at 2023, accounted for 88.52% of total market value.

“This is a confirmation of the existence of conducive environment for foreign investors to invest across the Nigerian investment ecosystem.”

While acknowledging that the removal of fuel subsidy triggered the immediate positive outturn on Premium Motor Spirit (PMS) consumption and related revenue earnings compared to the pre-subsidy removal regime, Chief Akinsiju said the action has led to a quantum leap in total gross revenue going into the federation account and subsequent FAAC allocation to the three tiers of government from N786.161bn in May 2023 to a high of N1.1trn in August because NNPCL was no longer resorting to its famed under-recovery.

“And for the first time in the history of FAAC, the Federal Government of Nigeria started cultivating the culture of savings from revenue accruals beginning from the over N700bn that was saved in July last year when the FAAC received the sum of N1.959 trillion.

“This has marked a turning point in Federation accruals and revenue generation with implications for budget performance.”

On the concerns over food inflation and its remedies, the group said it findings have shown a commitment by the President to stemming the tide of rising food prices and ensuring food security by approving the accelerated cultivation of 500,000 hectares of land across the country in collaboration with state governments.

“This, in itself, is a commendable model of cooperation between the federal government and the sub-nationals. We are certain that in a short while, Nigerians will start receiving the products of the federal and sub-national governments working together.

“To crystallise the policy, the administration has introduced an irrigation programme to facilitate and guarantee all-year round farming. Our investigation within the general purview of agriculture implicates the deployment of several policies including waivers on the importation of tractors and farm implements, the recent launch of dry season farming in Jigawa State and the allocation of N102bn to the National Agricultural Development Fund (NADFUND) to mention just a few.

“It is our view that these measures will guarantee adequate food supply in the shortest possible time.”

On the fight against corruption by the Tinubu’s administration, the group urged the President not to bow to pressure, but ensure that the report of investigation and those of other government officials under investigation be made public in the spirit of transparency.

“However, we take notice of the President’s swift response to corruption allegations against a member of his cabinet, Dr. Betta Edu, by suspending and ordering her investigation.

“Without prejudice to the outcome of the ongoing investigation, we urge the President to not bow to pressure, but ensure that the report of that investigation and those of other government officials under investigation be made public in the spirit of transparency.

“This will go a long way to sending clear signals to local and international audiences about the Tinubu administration’s seriousness to tackle the scourge of corruption as recently observed by the US Secretary of State, Anthony Blinken during a recent visit to Nigeria.”

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EFCC boss must have courage to confront sacred cows, Edwin Clark

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***asks Yahaya Bello to submit, surrender self to court

Leader of the Ijaw ethnic nationality and foremost nationalist, Chief Edwin Clark has urged the chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede to muster enough courageto engage the daunting problems of corruption in the country.

He, however, said the anti- corruption czar must be ready to confront some Nigerians regarded as sacred cows.

The elder statesman gave the indication in a letter addressed to Mr Olanipekun Olukoyede, Chairman of
Economic and Financial Crimes Commission (EFCC) titled “Re: The Reviving of all abandoned high profile corrupt cases against politician by the EFCC”.

In the letter made available to our reporter on Tuesday, Chief Clark dissected the various corrupt cases in the country while he advised the ex- governor of Kogi State to submit himself to the authority rather than continuing hiding.

Congratulating the new Executive Chairman of EFCC, he charged him to perform his duties “effectively, impeccably, fair and just and without any discrimination, political victimization or witch-hunting of political opponents and have the courage and ability to confront the so called sacred cows in our society.”

According to him, the level of corruption in the public service and even in private business has reached such an alarming scale.

He said “It has become a recognised way of our daily lives.

“While the Ministers, Permanent Secretaries and Directors in a Ministry carry out corruption and abuse of office at a large scale at higher level, the lower ranks in the Ministry even including the clerks and messengers are also involved in minor ways of corruption by hiding files and documents and asking for money before releasing them.

“A new trend has now increased the temple of corruption. It is ridiculous to say that some of the officers and assistants have increased the level of corruption in the public service. Some of those in the Presidency, Ministers offices, President of the Senate and so on demand money particularly in Dollars before allowing you to see their principals.

“Corruption and abuse of office which unfortunately has become our way of life can only be reduced if there is political will on the part of the Government to prosecute all those found corrupt as emergency cases and given accelerated hearing or the Federal Government should create a special court for a period of time to treat high profile corrupt cases and not to allow such corrupt cases to be announced over the media and no further action taken.”

However, Chief Clark deeply appreciated the courage and will power of Olukoyede in reviving high profile corrupt cases involving former Governors, some of whom are in the Senate parading themselves as innocent citizens while some of them are today serving as Ministers in the present administration.

Commending the EFCC boss, he said “It is therefore with great pleasure I read with satisfaction your recent release wildly published in the internet and some newspapers particularly in Sunday Punch of 14th January 2024 at page 3. You spoke the mind of all patriotic Nigerians who seriously believe in the eradication of corrupt practices in our body polity.

“You revealed the names of these unpatriotic culprits who embezzled the sum of about ₦772 Billion, enough to rejuvenate our ailing economy.

“I join other Nigerians in supporting you to carryout with rapidity to complete the investigations of these cases and to expedite the trial of all those charged to court since 2007; who are not only in the Senate and Government dining and wining with Mr President but are also living lavishly at the expense of volatile and vulnerable Nigerians.

I” also wish to advise you that all former Governors who served the country and some of who looted their state treasury as it is alleged in Yahaya Bello’s case should be investigated by your commission with rapidity to enable Mr President, Bola Ahmed Tinubu to carry out his anti-corruption crusade.”

Against outcry in some quarters that the EFCC is trying ex- Governor Bello in the media, he said “Mr Chairman, as usual, some unpatriotic and misguided Nigerians have criticized you, branding your appearance on the television as media propaganda. I totally disagree with them and you are on the right path.”

Advising Yahaya Bello to surrender himself to the court with dignity and stop engaging in pursuing procedural issues which some Nigerian lawyers are manipulating in the media, he said the offence allegedly committed by him is bailable.

“The real issue is that Yahaya Bello paid some amount of money to the American School, which was paid with the Kogi State Government’s fund, to the sum of $845,852. It is also true that the American School has refunded $760,910 to the EFCC which demanded for it.

“It must be noted that the issue of bench warrant has always been an instrument used by Nigerian Courts to draw the attention of high profile Government officials that no one is above the law. It is not new by the court and Yahaya Bello’s case should not be treated differently.

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FG Launches NFCMS report with global approval

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***As report captures 33.3 percent of under 5 children exhibiting stunted growth

The Federal Government of Nigeria has successfully launched the 2021 National Food Consumption and Micronutrient Survey (NFCMS) report which has been adjudged to be one of its kind globally.
The last National Food Consumption and Micronutrient Survey (NFCMS) was undertaken about 20 years ago in 2001, the findings of that study likely no longer represent the current micronutrient status or dietary consumption patterns of the Nigerian population.
This lack of recent and reliable information presented several challenges, both in terms of reviewing ongoing programmes and in informing the development of new guidance and policies. Updated information on the population’s micronutrient status and dietary intakes is required for informed, evidenced-based decisions about current and future food, nutrition, and agriculture programming and policy making in Nigeria.
Hence the 2021 survey which has been global acclaimed has become a reference point.

Director and Head of Nutrition Department of Federal Ministry of Health and Social Welfare, Mrs. Ladidi K. Bako-Aiyegbus presented the report at the technical session and thr launch held in Abuja

She said before the date for the launch was fixed they had started receiving calls from neighboring African countries to share the experience with them which led to the interface with colleagues in Indonosia.
She said, one thing that came out clearly was that the three ministries of Budget and Plannning, Agriculture and food security and the Ministry of Health had to be on the driver’s seat for the survey while the International Institute for Tropical Agriculture (IITA) provided the skills and capacity.
Some of their findings according to her were subjected to further verification in foreign lands results of which came out the same.
“For the first time in history, Nigeria conducted this survey with computer assisted personal interviewing which makes the data more acceptable
“The 2021 survey is unique in several respects as it was conducted using computer assisted Personal interviewing (CAP), survey instruments, and design can serve as a model for food consumption surveys in other African Countries.

“Nigeria is the first country to use the innovative tool INDDEX24 mobile application to collect data to assess dietary intake in a large scale survey
“Some of the dietary data include use of fortified foods to assess the impact of large scale fortification programmes and the consumption of biofortified crops used to measure the impact of these programs
“The report of the 2021 NFCMS provides information for evidence based policy and programmatic decisions for national supplementation, fortification, sensitization of appropriate nutrients consumption and other key nutrition interventions to achieve food and nutrition security in Nigeria.

“It provides subnational insights on micronutrient issues which enables more nuanced programming which addresses the unique characteristics of different sub groups of the population.

The Permanent Secretary of Ministry of Budget and Economic Planning, Mr. Nebeolisa Anako revealed that 33.3 percent of under five children are stunted in growth going by National Food Consumption and Micronutrient Survey, 2021.

Anako spoke while delivering his opening remarks on Monday at the technical session and launch of the 2021 national food consumption and micronutrient survey report held in Abuja.
He said the prevalence of stunting, wasting and underweight among children under 5 are 33.3%, 11.6% and 25.3% respectively.

His words, “According to the National Food Consumption and Micronutrient Survey, 2021, the prevalence of stunting, wasting and underweight among children under 5 are 33.3%, 11.6% and 25.3% respectively.

“However, malnutrition is influenced by a host of underlying factors related to poverty, including poor diet, food insecurity, poor water, sanitation and health services, which find their roots in factors that can vary from conflict to climate change; from scarce natural resources to high and volatile food prices; from poor governance to demographic growth. This is a huge burden and calls for very deliberate efforts to address” he said.

Continuing, Anako said Nutrition data plays a crucial role in program planning across various sectors, including health, education, agriculture, water, information and social welfare among others.

“Let us remain mindful of the profound impact that nutrition has on every aspect of human life, from physical health to cognitive development, from economic productivity to societal well-being” he noted.

He said the choices we make regarding what we eat directly impact our physical and mental vitality, shaping not only our individual lives but also the collective health of our society.

Also speaking, Director and Head of Social Development, Federal Ministry of Budget and Economic Planning, Dr. Sanjo Faniran said the findings of the survey will serve as a vital tool for policymakers, researchers, and stakeholders in the field of food and nutrition and provide valuable insights into the current state of our nation’s food consumption, enabling us to design targeted interventions and evidence-based strategies for improving nutritional outcomes.

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US security meeting: Lamido lashes out at Northern Governors for embarking on jamboree

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***Blames foreign Affairs Ministry, NIA for not guiding the govs on their folly

A former Governor of Jiagawa State and one of the founding leaders of the Peoples Democratic Party (PDP), Alhaji Sule Lamido has lashed out at Northern Governors for embarking on a jamboree to a foreign land just to discuss how to find lasting solution to the security issues bedevilling the region.
Lamido who wrote on his verified Facebook wall titled it, ‘Advancing our shame and embarrassment beyond our frontiers’ said there was no need for the wasteful adventure considering the hardship the average Nigeria is passing through as the resources to embark on the trip would have been useful in tackling other challenges facing the North
According to him if their trip was on how to boost agriculture or to improve on the healthcare needs of the citizens or better still on other local problems on the concurrent lists they would have been commended

“Our Northern Governors as concerned leaders traveled all the way to the United States of America to attend a lecture at the American Institute for Peace titled ‘Advancing Stability in Northern Nigeria’ as to find a lasting solution to the intractable problems of insecurity bedeveling their respective states.
“Their concern commendable as it were, ended up exposing their ignorance at understanding of the Constitution of the Federal Republic of Nigeria the very instrument which gave them the legitimacy and the authority to be Governors!
“If the Governors had traveled to the US to engage on how to boost agriculture or health issues or any other pressing local problems listed on the Concurrent List of our Constitution this could be quite understandable! But to engage on issues which are on the Exclusive Legislative List such as Security says a lot of the substance they are made of.
“Security is a very wide subject which their Excellencies must have capacity to grasp. Most urban towns in their State lack portable drinking water, refuse dumps have taken over some streets; all these have precipitous Security health hazards.
“Our children attend primary schools under the trees and where there are built classes, they take their lessons sitting on the floor, yet the Security implications of this can not be discerned by their Excellencies.
“Deliberate and harshly induced poverty by unplanned government policies have made citizens lose their esteem, honor and self worth by lining up scrambling to collect palliative from patronizing and condescending leaders yet the Insecurity of this is of no worry or concern to them.
“You have Governors with no human empathy or respect for dignity or decency in an open show of shame throwing money like confetti from an open Jeep and people scrambling to pick it like the Governor of Niger State. Yet they fail to see the security implications of all these!
According to him, if the Governors were serious and wanted to have a lecture on security, they needed not have embarked on such a wasteful journey with the accompanying expenditure of flight tickets, hotels with all their aides and above all the valuable time wasted at the expense of running their States.
“Certainly they could have gotten more than they wanted from our resourceful institutions such as NIPSS in Kuru Jos or ASCON in Badagry or even NIA!
“These three Institutions have more than enough materials, essays and templates on the problems on Security in Nigeria more than the far fetched American Institute.
Lamido who was a former foreign Affairs minister blamed the Ministry of Foreign Affairs and the NIA for failing to properly guide the Governors on their folly as the Governors could not have traveled without the facilitation of the Ministry or our Embassy in Washington.

“Nigeria and Nigerians now carry the image of “advancing our shame and embarrassment beyond our frontiers” caused by their Excellencies!

“One is inclined to believe Rufai Oseni of Arise TV when he recently said ‘ Nigerian madness has no bound or limits’ So in Nigeria today, ones biggest challenge is how one remains sane in this insane Country!”
He said Nigeria was a sane abd safe country before apc took over and destroyed it

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