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FG to release of 58,500 metric tonnes of rice for market stabilisation

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Minister of Agriculture, Sen. Abubakar Kyari

FG to release of 58,500 metric tonnes of rice for market stabilisation

The federal government is planning the release of around 58,500 metric tonnes of milled rice to the market as a measure to stabilise the market.

This was disclosed by the Minister of Agriculture, Sen. Abubakar Kyari in a message to Nigerians over the prevailing hardship in the country.  

According to the Minister, the Ministry is in partnership with NEMA and the DSS to ensure the earlier approved 42,000 metric tons of grains is distributed fairly across the 36 states of the federation and the FCT.  

He disclosed that the distribution will begin this week and promised to ensure those in need get it.  

  • He stated, “We shall commence the distribution of 42,000 metric tons of grains, as approved by Mr. President, across the 36 states of the federation as one of the programs to be rolled-out this week. 
  • “We are working hand in hand with NEMA and the DSS to ensure that the grains get to the right people in the right packages and quantities. Furthermore, 58,500 metric tons of milled rice from mega rice millers will also be released into the market for stabilization” 

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Backstory  

In the past few weeks, there have been reports of protests over hardship and incidences of members of the public breaking into both private and public warehouses as well as attacking food trucks. This is occasioned by the spike in inflation at 29.90% with food inflation at 35.41% as of February 2024.  

  • President Bola Tinubu through the Ministry of agriculture had earlier promised as a measure to increase supply of grains in the market and stabilise prices release 42,000 metric tonnes of grains across the 36 states of the country.  
  • The price of grains especially rice have increased significantly since the beginning of the year necessitating major off takers like Olam and Flour Mills to stop purchase. According to a survey by Nairametrics, the price of a bag of rice in touched N88,000- a 22% increase when compared with a similar survey earlier in the month.  
  • Around last year, there were projections detailing the increase in the price of grains especially rice in 2024 mainly due to climatic factors like the El Nino winds, insecurity especially in Nigeria, geopolitical conflicts in Europe etc. A study by AFEX exchange stated that the price of rice will surge by 32% in 2024 and the reality is already being witnessed.

FG to release of 58,500 metric tonnes of rice for market stabilisation

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Just in: Supreme Court Orders Final Forfeiture of Emefiele’s Assets, Ends Legal Battle

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Former Central Bank of Nigeria (CBN) Governor Godwin Emefiele

Just in: Supreme Court Orders Final Forfeiture of Emefiele’s Assets, Ends Legal Battle

The Supreme Court has brought an end to the legal battle over the assets linked to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, affirming their final forfeiture to the Federal Government.

In a unanimous judgment delivered by a five-member panel led by Justice Ibrahim Saulawa, the apex court overturned the decision of the Court of Appeal in Lagos, which had earlier nullified the forfeiture order and directed that the case be retried.

The Supreme Court held that the Court of Appeal erred in setting aside the judgment of the Federal High Court in Lagos, thereby restoring the lower court’s order for the final forfeiture of the properties.

The ruling effectively ends Emefiele’s challenge against the forfeiture order and marks another significant legal victory for the Economic and Financial Crimes Commission (EFCC) in its ongoing prosecution of high-profile corruption and financial crime cases.

The properties were among assets the EFCC alleged were acquired through proceeds of unlawful activities during Emefiele’s tenure as governor of the apex bank.

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Following its investigation, the anti-graft agency had approached the Federal High Court for their permanent forfeiture, a request the court granted.

However, Emefiele challenged the decision at the Court of Appeal, which set aside the forfeiture order and directed that the matter be heard afresh. Dissatisfied with that judgment, the EFCC appealed to the Supreme Court.

With Friday’s verdict, the apex court has reinstated the Federal High Court’s decision, bringing the protracted dispute over the ownership of the properties to a close.

Emefiele, who served as CBN Governor from 2014 until his suspension by President Bola Tinubu in June 2023, has since been facing multiple criminal charges bordering on alleged abuse of office, procurement fraud and financial misconduct.

He has consistently denied all the allegations against him. The Supreme Court’s latest decision is one of several legal developments arising from the investigations into his stewardship at the nation’s apex bank.

 

Just in: Supreme Court Orders Final Forfeiture of Emefiele’s Assets, Ends Legal Battle

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US House approves bill proposing 50% cut in aid to Nigeria over alleged Christian persecution

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US House approves bill proposing 50% cut in aid to Nigeria over alleged Christian persecution

US House approves bill proposing 50% cut in aid to Nigeria over alleged Christian persecution

The United States House of Representatives has approved a key appropriations bill that proposes withholding 50% of certain U.S. assistance to Nigeria until the Nigerian government demonstrates measurable progress in protecting Christian communities from religiously motivated violence.

The provision is contained in the Fiscal Year 2027 National Security, Department of State, and Related Programs (NSRP) Appropriations Bill, which was passed by the House on Wednesday. The legislation allocates $47.32 billion in discretionary funding for diplomacy, national security and related programmes, representing a reduction of about $2.69 billion, or six per cent, from the FY2026 enacted level.

However, the proposal has not yet become U.S. law. It must still pass the remaining stages of the legislative process, including consideration by the Senate and presidential approval, before the aid restrictions can take effect.

Under the House-approved bill, 50% of eligible U.S. assistance to Nigeria would be withheld until the U.S. Secretary of State certifies that the Nigerian government has taken measurable steps to protect Christians affected by religiously motivated attacks and improve security in vulnerable communities.

The accompanying House Appropriations Committee report expressed concern over persistent violence in parts of Nigeria, particularly in the Middle Belt, and referenced the Palm Sunday massacre as one of the incidents highlighting the need for stronger government action against perpetrators of violence.

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The committee also urged Nigerian authorities to ensure accountability for those responsible for attacks on civilians and improve measures to safeguard communities affected by insecurity.

The provision was championed by Congressman Riley M. Moore, who argued that the measure is intended to pressure the Nigerian government to strengthen protection for Christian communities and improve its response to religious violence.

According to Moore, the legislation sends a clear message that the United States expects greater accountability while continuing to support victims of religious persecution around the world.

Beyond the proposed aid restrictions, the bill directs that funding under the Security Sector Programme/National Security Account be used to support efforts aimed at tackling insecurity in Nigeria’s Middle Belt, including attacks attributed in the committee report to Fulani militias.

The legislation also instructs the U.S. State Department to assess whether the Nigerian government is facilitating the safe return of internally displaced persons (IDPs) to their ancestral communities. The findings will form part of the certification process required before the withheld assistance can be released.

In addition, the State Department would be required to submit reports to Congress within 45 to 60 days detailing efforts to address violence against Christian communities, improve accountability for violations of religious freedom, and evaluate progress made by Nigerian authorities.

To reinforce these objectives, lawmakers proposed an additional $2 million under the International Narcotics Control and Law Enforcement account to support atrocity prevention initiatives, with part of the funding earmarked for programmes addressing violence in Nigeria’s Middle Belt.

The committee also encouraged stronger partnerships with Nigerian security agencies to improve professionalism, operational capacity and accountability in law enforcement as part of broader efforts to reduce insecurity.

Another provision directs the Secretary of State to assess the impact of Nigeria’s blasphemy laws in the annual International Religious Freedom Report, reflecting growing congressional interest in issues relating to religious liberty.

The broader appropriations package also includes provisions affecting global health funding, migration policy, foreign military financing and international broadcasting, in line with the United States’ evolving foreign policy priorities.

Supporters of the proposal argue that conditioning foreign assistance on measurable improvements in security and human rights will encourage stronger government action against violence.

However, analysts note that the proposal is likely to generate diplomatic discussions between Nigeria and the United States, with debates expected over its potential impact on humanitarian programmes, security cooperation and bilateral relations.

If eventually enacted, the measure could reshape aspects of U.S.-Nigeria relations, particularly in the areas of security assistance, religious freedom, human rights and counterterrorism cooperation.

US House approves bill proposing 50% cut in aid to Nigeria over alleged Christian persecution

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Senate passes Bill proposing N50,000 fine for preaching, hawking in commercial buses

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Senate passes Bill proposing N50,000 fine for preaching, hawking in commercial buses

Senate passes Bill proposing N50,000 fine for preaching, hawking in commercial buses

The Nigerian Senate has passed the Federal Road Safety Corps (FRSC) Amendment Bill, 2026, proposing significantly tougher penalties for traffic offences, including a N50,000 fine for individuals who preach, hawk or engage in trading inside commercial buses.

The landmark legislation, approved during plenary on Thursday, is part of ongoing efforts to strengthen road safety in Nigeria, improve compliance with traffic regulations and reduce the rising number of road crashes across the country.

However, the bill has not yet become law. It will only take legal effect after receiving presidential assent from President Bola Tinubu.

One of the most notable provisions of the proposed amendment is the introduction of a N50,000 fine for anyone found preaching, hawking or carrying out commercial activities inside commercial vehicles.

Lawmakers explained that such activities often distract drivers, obstruct passengers and increase the likelihood of road accidents, particularly in densely populated urban areas where commercial buses serve thousands of commuters daily.

The bill also introduces stricter sanctions for motorists who refuse to cooperate with Federal Road Safety Corps (FRSC) officials during roadside enforcement exercises.

Under the proposed law, any driver who declines to undergo a breathalyser test when reasonably suspected of driving under the influence of alcohol or drugs would face a N50,000 fine, six months’ imprisonment, or both upon conviction.

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The Senate further approved a substantial increase in penalties for driving under the influence of alcohol or intoxicating substances. If the bill receives presidential assent, offenders would be liable to a N100,000 fine, replacing the current N5,000 penalty, in addition to a possible two-year prison sentence or both.

The amendment also raises the punishment for violating traffic lights, road signs, pavement markings and other traffic control devices to N100,000, reflecting the government’s determination to improve discipline on Nigerian roads.

Motorists caught exceeding speed limits would equally face a N100,000 fine, replacing the existing N5,000 sanction.

Similarly, reckless driving would attract a N100,000 fine, imprisonment for up to two years, or both, depending on the severity of the offence.

According to the revised schedule attached to the legislation, the Senate reviewed 52 traffic offences, increasing penalties across most categories to reflect present-day economic realities and strengthen deterrence against dangerous road behaviour.

The amendment seeks to modernise the FRSC Act by expanding the enforcement powers of the corps, strengthening compliance with traffic regulations and improving public safety through stricter enforcement measures.

Road safety experts have repeatedly argued that many penalties under the existing law had become obsolete due to inflation and no longer served as effective deterrents against traffic violations.

Data from the Federal Road Safety Corps consistently identifies speeding, dangerous driving, drunk driving, driver distraction, overloading and disregard for traffic signs among the leading causes of road crashes in Nigeria, resulting in thousands of deaths and injuries every year.

Supporters of the amendment believe the proposed stiffer penalties will encourage greater compliance with traffic laws and ultimately reduce road accidents. However, some stakeholders have called for sustained public awareness campaigns, improved road infrastructure and fair enforcement to ensure the new penalties achieve their intended objectives without imposing undue hardship on road users.

The bill will now be transmitted to President Bola Tinubu for assent. If signed into law, it will introduce one of the most comprehensive overhauls of Nigeria’s traffic regulations in recent years, significantly increasing penalties for dozens of traffic-related offences while reinforcing the FRSC’s mandate to promote safer roads nationwide.

Senate passes Bill proposing N50,000 fine for preaching, hawking in commercial buses

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