88.4m people in Nigeria living in extreme poverty - Fadeshemi - Newstrends
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88.4m people in Nigeria living in extreme poverty – Fadeshemi

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88.4m people in Nigeria living in extreme poverty – Fadeshemi

Permanent Secretary, Federal Ministry of Agriculture and Food Security, Mr Temitope Fadeshemi, yesterday said 88.4 million people in Nigeria are living in extreme poverty.

He spoke in Kaduna during the distribution of farm input and empowerment materials to 250 smallholder farmers.

Represented by Director, Department of Extension Services of the ministry, Bashir Abdulkadir, the Perm. Sec. said: “The level of poverty in Nigeria is alarming. An estimated population of 88.4 million in Nigeria is living in extreme poverty.

”The number of men living on less than $1.90 a day in the country reached around 44.7 million, while the count was at 43.7 million for women.

”Overall, 12.9 per cent of the global population in extreme poverty was found in Nigeria as of 2022.

”This is why the Federal Government, through the Federal Ministry of Budget and National Planning, in collaboration with FMAFS, is making conscious efforts at reducing the spate of poverty across the country.”

The gestures of distributing farm input and empowerment materials were extended to the farmers under the National Poverty Reduction with Growth Strategy (NPRGS).

According to Fadeshemi, the event marked a significant milestone in the Federal Government’s collective commitment to uplifting the lives of smallholder farmers and fostering sustainable agricultural practices.

”I am delighted to remind you that NPRGS, in collaboration with the Federal Department of Agricultural Extension Service (FDAE), has diligently enumerated and validated approximately 250 farmers for participation in this transformative programme.

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”These farmers are not just the backbone of our agricultural sector; they are the heartbeat that forms the heartbeat of our nation’s prosperity.

”The NPRGS reflects our government’s dedication to addressing poverty at its roots, emphasising the pivotal role agriculture plays in economic growth and development.

”Through initiatives like today’s training and empowerment programme, we are sowing the seeds of positive change, ensuring that smallholder farmers have the knowledge, resources, and support needed to thrive in an ever-evolving agricultural landscape,” he said.

Fadeshemi said that the programme was not merely an investment in agriculture; but an investment in the future of the nation.

He said: “As we equip these farmers with the tools to enhance productivity, improve resilience, and embrace sustainable practices, we are laying the foundation for a more resilient and prosperous agricultural sector.

”I commend the efforts of the FDAE for their meticulous work in identifying and validating deserving farmers for this programme.

”The collaboration between our Ministry and the National Poverty Reduction with Growth Strategy (NPRGS) exemplifies the power of synergy in achieving meaningful impact.

”To the participating farmers, I say this: your role is paramount in shaping the trajectory of our nation’s agricultural success.

”As you undergo this training and empowerment journey, absorb the knowledge, hone your skills, and apply the insights gained to elevate your farms and communities.”

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According to the permanent secretary, the success of the farmers is intertwined with the prosperity of the nation, adding” together, we shall create a ripple effect that reaches every corner of our beloved country.

”Let us embrace this opportunity to build a future where smallholder farmers are not just beneficiaries of progress but active contributors to our nation’s growth.

 ”With determination, collaboration, and a shared vision, we can transform challenges into opportunities and empower our agricultural sector to lead the way towards a more resilient and prosperous Nigeria.

”It is my hope that this program may be the catalyst for a brighter, more bountiful future for all.”

State Coordinator of the ministry, Dr Timkat Nanfa, expressed appreciation to the Federal Government for counting the state worthy to be part of the beneficiaries of the programme.

He urged the participants to make good use of the empowerment, saying inputs will help them in their farm operations and also fight poverty.

He listed the items as; 175 bags of organic fertilizers, 175 sprayers, 65 bags of maize seeds bags and 71 bags of rice seeds.

Others were: 14 tins of tomato seeds, 14 tins of pepper seeds, Okra seeds tins, 1,000 poultry chicks, 40 bags of poultry feeds and 50 bags of fish feeds, among others.

88.4m people in Nigeria living in extreme poverty – Fadeshemi

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FG Seals Plateau Mine After 37 Killed in Toxic Gas Tragedy

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Dele Alake, Nigerian minister of Solid Minerals

FG Seals Plateau Mine After 37 Killed in Toxic Gas Tragedy

The Federal Government has ordered the immediate closure of a mining site in Zuraq, Wase Local Government Area of Plateau State, following the death of 37 miners in a suspected toxic gas exposure.

Minister of Solid Minerals Development, Dr. Dele Alake, directed that the site be sealed to prevent further casualties and pave the way for a comprehensive investigation into the tragedy.

According to local authorities, the victims were exposed to poisonous gaseous emissions in the early hours of Tuesday while working in an underground pit. At least 25 other miners are currently receiving treatment in hospital.

In a statement issued in Abuja by his Special Assistant on Media, Segun Tomori, the minister disclosed that the affected site falls under Mining Licence 11810, operated by Solid Unit Nigeria Limited and owned by Abdullahi Dan-China.

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Alake said a high-level investigative team led by the ministry’s Permanent Secretary, Yusuf Yabo, has been deployed to the area to determine both the immediate and remote causes of the disaster and recommend appropriate sanctions. The team comprises mining engineers, environmental compliance officers and experts in artisanal mining operations.

Preliminary findings indicate that the licensed operator allegedly ceded the pit to members of the host community following agitation for economic empowerment. The area, reportedly an abandoned lead site, contained stored minerals capable of emitting sulphuric oxide — a hazardous substance.

Unaware of the danger, villagers engaged in mining activities and were exposed to the toxic fumes.

The minister described the incident as a tragic loss of innocent Nigerians striving to make a living and extended condolences to Plateau State Governor Caleb Mutfwang and families of the victims.

He assured that further updates would be provided as investigations progress, stressing the government’s commitment to enforcing safety and environmental standards in the mining sector.

 

FG Seals Plateau Mine After 37 Killed in Toxic Gas Tragedy

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Tinubu Ends NNPCL Oil Revenue Deductions, Orders Full FAAC Remittance

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Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Bayo Ojulari
Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari

Tinubu Ends NNPCL Oil Revenue Deductions, Orders Full FAAC Remittance

President Bola Ahmed Tinubu has signed a sweeping executive order mandating the direct remittance of all oil and gas revenues into the Federation Account Allocation Committee (Federation Account Allocation Committee), in what is regarded as one of the most significant fiscal reforms since the enactment of the Petroleum Industry Act (PIA).

The directive, announced by presidential spokesperson Bayo Onanuga, requires that all proceeds from royalty oil, tax oil, profit oil, and profit gas be paid in full into the federation account without deductions, before statutory distribution to the federal, state, and local governments.

A central element of the order strips Nigerian National Petroleum Company Limited (NNPCL) of its long-standing 30 per cent management fee on profit oil and profit gas, a deduction that has repeatedly drawn criticism for significantly reducing funds available for sharing among the three tiers of government. The presidency said the practice undermined constitutional revenue entitlements and weakened public finances.

In addition, the president directed that the 30 per cent Frontier Exploration Fund created under the PIA will no longer be retained or managed by NNPCL. Instead, all funds previously set aside under the arrangement will now flow directly into the federation account for FAAC distribution, altering the financing structure for frontier basin exploration activities.

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The executive order also affects the handling of gas flare penalties. Payments into the Midstream and Downstream Gas Infrastructure Fund have been suspended, with all proceeds from gas flaring penalties now to be paid directly into the federation account. Officials said existing environmental remediation frameworks already cover such obligations, making the additional fund unnecessary.

According to the presidency, the reforms are aimed at blocking overlapping deductions, including management fees and profit retentions, which collectively divert more than two-thirds of potential oil and gas revenues before they reach FAAC. President Tinubu warned that shrinking net oil revenues pose serious risks to national budgeting, debt sustainability, and overall economic stability.

The president emphasised that the new framework will reposition NNPCL strictly as a commercially driven national oil company, removing quasi-fiscal responsibilities while strengthening transparency, accountability, and oversight in Nigeria’s oil and gas revenue management.

To ensure effective implementation, Tinubu approved the establishment of an inter-ministerial committee comprising senior officials from the economic management team, justice sector, and relevant regulatory agencies. The committee is expected to coordinate legal, financial, and operational steps required for immediate compliance.

The president also signalled plans for a broader review of the Petroleum Industry Act, indicating that further amendments may be pursued to address structural and fiscal concerns raised by stakeholders, particularly state governments.

With oil and gas revenues remaining central to Nigeria’s fiscal health, the executive order represents a decisive move to tighten revenue flows, strengthen FAAC allocations, and reinforce fiscal federalism across the country.

Tinubu Ends NNPCL Oil Revenue Deductions, Orders Full FAAC Remittance

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BREAKING: Tinubu Assents to 2026 Electoral Act, Sets Stage for 2027 Elections

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President Bola Ahmed Tinubu
President Bola Ahmed Tinubu

BREAKING: Tinubu Assents to 2026 Electoral Act, Sets Stage for 2027 Elections

President Bola Ahmed Tinubu has signed the 2026 Electoral Act Amendment into law, setting the legal framework for Nigeria’s 2027 general elections.

The signing ceremony took place on Wednesday at the Presidential Villa in Abuja, with Senate President Godswill Akpabio and Speaker of the House of Representatives Tajudeen Abbas in attendance.

The new law, formally known as the 2026 Electoral Act (Amendment) Bill, was recently harmonised and passed by both chambers of the National Assembly amid debate and opposition from minority lawmakers.

The legislative process leading to the signing saw intense deliberations in both the Senate and the House of Representatives. Lawmakers constituted a joint conference committee to reconcile differences between their respective versions of the bill before transmitting the harmonised document to the President for assent. Earlier, Senate President Akpabio had indicated during an emergency plenary session that the President was expected to sign the amended bill before the end of February. That projection materialised within days.

One of the most significant changes introduced by the 2026 Electoral Act is the reduction of the mandatory notice period for general elections from 360 days to 300 days. Lawmakers explained that the adjustment is intended to give the Independent National Electoral Commission (INEC) greater operational flexibility in planning and conducting elections without breaching statutory timelines.

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The issue of electronic transmission of election results generated considerable debate throughout the amendment process. Under the new law, electronic transmission is permitted, while manual collation remains legally recognised, particularly in areas where technical or connectivity challenges arise. INEC retains the authority to issue detailed regulations and guidelines governing how results are transmitted and managed. Supporters argue the compromise reflects operational realities, while critics maintain that the changes may weaken transparency safeguards introduced in previous reforms.

Beyond these headline issues, the amended Act also makes adjustments to party primary timelines, candidate nomination processes, and collation procedures. It includes technical corrections across multiple clauses to improve clarity, reduce ambiguities, and strengthen administrative consistency ahead of the 2027 polls.

With presidential assent now secured, the 2026 Electoral Act becomes the binding legal framework governing presidential, National Assembly, governorship, and state House of Assembly elections. INEC is expected to review and align its regulations and operational guidelines with the new provisions as preparations intensify for the 2027 general elections.

The signing marks a pivotal moment in Nigeria’s democratic process, with political parties, civil society groups, and voters closely watching how the revised electoral framework will shape the next election cycle.

BREAKING: Tinubu Assents to 2026 Electoral Act, Sets Stage for 2027 Elections

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