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We’ll reorganise security apparatus, revamp economy – Buhari
President Muhammadu Buhari may eventually bow to pressure as he has hinted of plans by his administration to restructure the nation’s security apparatus to tackle worsening insecurity.
He gave the indication in his New Year’s speech even as he promised to rejuvenate the economy this year and expressed the hope that the country would continue “to weather all stormy waters and emerge stronger and better where others have fallen and disintegrated.”
According to him, there will be a “re-energising and reorganising” of the security apparatus and personnel.
In the face security challenges, there have been numerous calls by influential groups and individuals including the National Assembly for the President to tinker with the security architecture in the quest to put an end to banditry, kidnappings and insurgency.
Buhari said, “The year 2021 will indeed be a year where we will work to reinforce the hopes of fellow Nigerians in the vision of a united and progressive Nigeria.
“Some of the key priority areas we would direct our attention and strengths to include: re-energising and reorganising the security apparatus and personnel of the armed forces and the police with a view to enhance their capacity to engage, push back and dismantle the operations of both internal and external extremist and criminal groups waging war against our communities in some parts of the country.”
The President recalled the abduction of the over 300 boys of the Government Science Secondary School, Kankara inhis home state of Katsina and praised the “professionalism” of the armed forces in rescuing them.
“We recognise that we rapidly have to move to a more proactive and preemptive posture to ensure that these sorts of traumatic incidents do not become a norm.
“Our administration is fully aware of the responsibility we have to protect the lives and property of all Nigerians, and we will not relent in learning and adapting to changing threats to our national security and civic wellbeing,” the President said.
He also said 2020 came with a lot of challenges, ranging from security and economic issues to “understandable protests that were mainly led by our youths”.
The protests, he said, “served notice to the demand for police reforms and accountability”.
Buhari said, “This government heard; this government listened and this government is committed to fulfilling the five demands of our youths, fully understanding that we all wish well for Nigeria.”
He reaffirmed his commitment to Nigerians, especially the youth, who he said need “collective encouragement and support”.
“In securing this nation we need to secure the future of our youth…In this regard, we will partner with the legislature to develop an enabling environment to turn their passions into ideas that can be supported, groomed and scaled across regions.
“This will create vast opportunities in fintech, agriculture, business process startups and in the entertainment industry,” he said.
On the anti-graft war, he said the executive would work with the legislature to enact laws that would strengthen the fight.
“On the part of the executive, we would ensure the diligent and timely prosecution of corruption cases, while appealing to the judiciary to ensure that corruption cases are dispensed with expeditiously,” President Buhari said.
He spoke of the need to keep the country safe from a resurgent cycle of COVID-19 as his administration finalises plans “to procure and efficiently and effectively distribute the COVID-19 vaccines”.
“I urge you all fellow citizens to observe strict COVID-19 prevention protocols,” the President added.
He also spoke on the plans to rejuvenate the economy, saying, already it was being diversified and infrastructure being rebuilt, adding that his administration was putting reforms in place in the power sector to significantly expand generation and distribution.
He said, “Our focus is on revamping the economy through the national economic diversification agenda that supports the primary goal of national food self-sufficiency.
“This has helped reduce the growing food-related inflationary figures and have in considerable measure positively impacted our food security status during the long months of the pandemic lockdown.
“As an administration, we are currently undertaking a series of special interventions designed to boost job creation and support the entrepreneurial drive of our youths.
“With the recent opening of our borders, we expect that the pent-up demand of legitimate cross-border and international trade will boost the fortunes of the many small businesses and agricultural enterprises that depend on Nigeria’s trade and commerce.
“The message to our West African neighbours is that Nigeria is once again fully open for those willing to conduct business in a fair and equitable way.”
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Yahaya Bello reports to EFCC office with lawyers
Yahaya Bello reports to EFCC office with lawyers
A former Governor of Kogi State, Yahaya Bello, on Tuesday visited the Economic and Financial Crimes Commission (EFCC) to honour another invitation extended to him over alleged misappropriation of funds.
Bello went to the anti-graft office with his lawyers in the morning.
The ex-Kogi governor reportedly drove himself to the EFCC’s office in a black Toyota Hilux van with some lawyers.
He was said to have been taken by some operatives of the agency and are currently being grilled.
This is coming after the Supreme Court judgment which dismissed a suit brought by some state governments challenging the constitutionality of the agency.
The EFCC at the last hearing on November 14, sought the adjournment till November 27 in the fresh case it instituted against Bello.
It stated that the 30-day window was still running for the summons earlier issued.
News
Just in: Ebonyi governor suspends two commissioners, Perm Sec for misconduct
Just in: Ebonyi governor suspends two commissioners, Perm Sec for misconduct
Ebonyi State Governor Francis Nwifuru has announced the immediate suspension of two commissioners with a permanent secretary among others for gross misconduct.
Those suspended are the Commissioner for Housing and Urban Development Francis Ori, and the Commissioner for Health, Moses Ekuma, with the Permanent Secretary of the Ministry of Health.
The suspension followed an incident on Saturday night, when the governor reportedly visited the Ministry of Health’s premises and was said to have found six officials diverting government materials.
Others suspended for three months are the Executive Secretaries of the State Primary Healthcare Development Agency and the Ebonyi State Health Insurance Agency
The suspension order was announced by the state Commissioner for Information, Jude Okpor, who cited alleged misconduct and dereliction of duties as the reasons for the disciplinary actions.
Okpor made the disclosure on Tuesday during a press briefing on the outcomes of the State Executive Council meeting held on Monday at the New Government House in Abakaliki, the state capital.
“Following cases of gross misconduct and dereliction of duties by some government officials and matters related thereto, the Chairman of Council directed the indefinite suspension of the Honourable Commissioner for Housing and Urban Development and three months suspension of the Honourable Commissioner for Health, respectively
“In view of the development, the Special Assistant to the Governor on Primary Health was directed to take charge of the ministry in the absence of the suspended commissioner.
Governor Nwifuru directed the suspended government officials to hand over all government properties in their possession including vehicles to the Secretary to the State Government.
News
Why we’re borrowing despite surplus revenues – FG
Why we’re borrowing despite surplus revenues – FG
The Federal Government has defended its decision to borrow to address budget deficits, despite surpassing revenue targets in 2024.
Finance Minister Wale Edun and Budget Minister Atiku Bagudu clarified this position during a session with the National Assembly’s Joint Committee on Finance, Budget, and National Planning. The meeting focused on the 2025–2027 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
Last week, the National Assembly approved President Bola Tinubu’s $2.2 billion loan request to fund the N9.7 trillion deficit in the 2024 budget partially.
During the session, key agency heads, including Nigerian National Petroleum Company Limited (NNPCL) CEO Mele Kyari, Customs Comptroller-General Bashir Adeniyi, and Federal Inland Revenue Service (FIRS) Chairman Zacch Adedeji, presented their revenue reports.
The agencies reported exceeding their 2024 targets.
- Customs Service: Generated ₦5.352 trillion by September 30, surpassing its ₦5.09 trillion target for the year. For 2025, the agency projects ₦6.3 trillion, with a 10% increase planned for 2026.
- NNPCL: Achieved ₦13.1 trillion in revenue, exceeding the ₦12.3 trillion projection for 2024. Kyari announced a ₦23.7 trillion revenue target for 2025.
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- FIRS: Surpassed multiple tax collection goals, including ₦5.7 trillion from company income tax against a ₦4 trillion target. Education tax collections also exceeded expectations, reaching ₦1.5 trillion compared to a ₦70 billion target.
Overall, ₦18.5 trillion of the ₦19.4 trillion 2024 revenue target had been achieved by September, indicating the goal will be exceeded by year-end.
Despite these surpluses, the government insists borrowing remains essential to cover budget gaps and support vulnerable populations.
Bagudu explained, “Even with agencies exceeding revenue targets, borrowing is necessary to address deficits and boost productivity, particularly for the poorest. This aligns with Agenda 2050, which aims for a GDP per capita of $33,000.”
Edun also reiterated that loans were critical for adequately funding the budget.
The committee, led by Senator Sani Musa, questioned the rationale behind the borrowing and demanded further transparency. The Immigration Service was specifically asked to provide documents regarding an “unacceptable PPP arrangement” before the end of the week.
The session underscored the government’s balancing act between increased revenues and fiscal challenges requiring external borrowing.
Why we’re borrowing despite surplus revenues – FG
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