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Palliatives: Soludo to give rice, N12,000 monthly to workers in Anambra
Soludo stated that the gesture is in addition to the 10 per cent salary increase, which the state has been paying since January 2023 as part of its “foresighted” response to the rising inflation.
This was made known in a statement by the governor’s Press Secretary, Christian Aburime, obtained in Awka, on Monday, while pointing out that the long overdue disruptive change, especially the removal of subsidy on petrol comes with certain hardships on all the residents of Nigeria.
Soludo, in the statement, acknowledged that President Bola Tinubu has rolled out an agenda of palliatives as the response of the Federal Government towards alleviating the effect of the subsidy removal.
However, he did not categorically indicate if Anambra State had received its share of the Federal Government palliatives said to be rolled out across the 36 states of the country, but the governor assured that Anambra State will partner with the Federal Government’s agenda to ensure that its residents benefit maximally from the federal programmes.
While assuring that the state government will continue to clear the backlog of gratuity and pension of its pensioners, the governor said the state will be distributing rice to over 300,000 households in the coming weeks across the 326 wards of Anambra.
He said, “Nigeria is undergoing fundamental re-setting of the macroeconomic framework. The long overdue disruptive change, especially the removal of subsidy on PMS and reduction of distortions in the exchange rate, comes with certain hardships on all the residents of Nigeria.
“Governments at all levels in Nigeria have shown a keen commitment to ameliorate the consequent short-term effects of the policy change on livelihoods.
“The President, Bola Tinubu, has rolled out an agenda of palliatives as the response of the Federal Government. We support the FGN agenda and expect to partner with the Federal Government to ensure that Anambra residents benefit maximally from the federal programmes.
“Ours is a government on the foundation of the All Progressives Grand Alliance. We are progressives, and the welfare of the ordinary Nigerians, especially the poor and vulnerable, remains our primary focus.
“In our 2024 budget, we shall roll out a more comprehensive agenda to address the medium to longer-term issues that will help to smoothen the path for all our residents, and ensure that everyone shares in our broad agenda of building a livable and prosperous homeland.”
“In the meantime and over the remaining four months of the year (September – December 2023) as well as within the context of our 2023 budget framework, we are rolling out a few immediate and medium-term measures.
“In our foresighted response to the rising inflation, our government had increased the salaries of all public servants by 10 per cent effective January 2023. We have been paying the 10 per cent adjustment since January 2023.
“In addition to the salary increase, we will be paying every pensioner and public servant in the employment of the Anambra State Government and the 21 LGAs (approximately 59,000 persons) for the period September 2023 to December 2023, a monthly flat non-taxable cash award of N12,000. This is to augment their monthly take-home.”
The governor said highly vulnerable persons such as hawkers, wheelbarrow and truck pushers, vulcanizers, artisans, okada drivers, petty traders with capital of less than N100,000, are exempted from all forms of taxation/levies in the state.
“We are reviewing the plethora of other levies, fees, and charges in these schools. Before schools resume in September 2023, we shall make further announcements to sanitize the system and reduce the burden on our pupils/students and their sponsors.
“We call on the landlords to show empathy to their tenants at this challenging moment and consider easier options for rent payment.
“Still on initiative to reduce the cost of transportation for the larger segment of Ndi Anambra, we will be applying to purchase many of the CNG-fueled buses to be provided by the Federal Government for intra-state transportation. The aim is to reduce the cost of transportation within Anambra.
“We recently distributed a total of 1.1 million oil palm and coconut high-yielding seedlings to over 100,000 households. We plan to sustain the distribution of one million seedlings per annum over several years in continuation of our revolution to create a new palm-coconut green/industrial ecosystem that will guarantee 500,000 – 1,000,000 households earning N1.5m to N3m per annum, thereby lifting them out of poverty, create wealth and earn foreign exchange for Nigeria.
“We are proposing a revolving loan scheme at near-zero interest rate. We are targeting over 100,000 micro businesses.
“We are determined to collaborate with the Federal Government to ensure that Anambra residents benefit maximally from the myriad of palliatives being rolled out by Mr. President, including; Provide our updated Social Register for Anambra residents to benefit from the FGN cash transfer — apply to attract a conditional grant of N50,000 to at least 1,300 nano business owners in each of the 21 LGAs of the State- support MSME and Startups in Anambra to apply for N500,000 – N1million soft loan each at 9% p.a and repayable over a period of 36 months.
“In collaboration with the Organised Private Sector in the State, apply to obtain the N1bn soft loan each at 9% pa and repayable over 5 years available to 75 manufacturers in the country;– the N100 billion CBN commercial agricultural loan– the Gas conversion scheme,” Soludo added.
Seven people have died and seven others sustained injuries in a fatal road crash on the Bida-Kutigi road in Niger State, the Federal Road Safety Corps (FRSC) has confirmed.
The FRSC Niger Sector Commander, Corps Commander Aishatu Sa’adu, confirmed the incident to the News Agency of Nigeria (NAN) on Sunday.
Sa’adu said the crash occurred on Sunday afternoon at Shebe village, a few kilometres from Kutigi town.
According to her, the accident involved a Mazda vehicle and a Siena bus travelling along the Bida-Kutigi road.
“Seven people lost their lives, seven others were injured while four were rescued without injuries, bringing the total involved to 18,” she said.
The sector commander said the seven victims who died were confirmed dead at the scene, while the injured victims sustained injuries of varying degrees.
She said the injured were evacuated to Kutigi General Hospital for medical attention, while the remains of the deceased were deposited at the hospital’s mortuary.
The FRSC official did not immediately disclose the identities of the victims or provide further details on the circumstances surrounding the collision.
The crash involved a total of 18 people, comprising seven fatalities, seven injured persons and four uninjured survivors.
Authorities are expected to investigate the cause of the accident and determine the circumstances that led to the fatal collision.
The presidential candidate of the People’s Redemption Party (PRP), Donald Duke, has described as a “lie” the claim that Nigeria is Africa’s wealthiest country, arguing that the country remains one of the poorest on the continent when measured by per capita income.
Duke, a former governor of Cross River State, stated this during an interview with journalists in Lagos.
He said Nigeria’s position as Africa’s largest economy by Gross Domestic Product (GDP) did not necessarily reflect the living standards of its citizens.
“It is embarrassing that a country that was considered one of the wealthiest in Africa still thinks today that it is the largest economy in Africa. That is not true.
“We are living a lie. It is a nice sound bite, though, to say that Nigeria is the largest economy in Africa. No. Nigeria is just one of the poorest when you take per capita income into consideration,” he said.
Duke said productivity remained critical to economic development, noting that several countries Nigerians considered smaller had higher per capita incomes.
On insecurity, the PRP presidential candidate said he preferred not to describe terrorists operating in Nigeria as “Islamic terrorists”, arguing that their activities were not driven by Islam.
He attributed part of the security challenges, particularly in Northern Nigeria, to the collapse of Libya, which he said contributed to the movement of arms into Nigeria through its land borders.
Duke said the government needed short-, medium- and long-term measures to tackle kidnapping, banditry and terrorism.
“Right now, you have got to deal with the security problems as they exist today — kidnapping, banditry, terrorism and all that.
“But even beyond that, those things are consequences of other things. They are consequences of a very poor economy and, of course, the failure to properly manage our borders,” he said.
He also called for measures to improve citizens’ productivity through increased local production and the use of modern technology to strengthen border security.
On the economic development of Northern Nigeria, Duke said that, if elected president, he would restructure mining activities in the region to ensure that local and state governments, as well as host communities, benefited from the sector.
He said the region’s mineral deposits, rather than oil in the Chad Basin, represented a major economic opportunity.
“There must be a structured way of mining. Today, it is artisanal, and the broader community, the border communities, society and the nation itself do not adequately benefit from those resources,” Duke said.
He cited gold deposits in Zamfara State as an example, saying insecurity had affected mining activities in the area.
Duke proposed that each state should be treated as an economic entity, with the Federal Government working with state governments to assess mineral deposits and establish proven reserves capable of attracting investors.
He said mining development should involve a partnership between the Federal and state governments, with revenues shared between both levels of government.
However, Duke stressed that security remained essential to attracting investment into the mining sector.
“Nobody is going to invest if there is no security,” he said, citing the experience of the Niger Delta, where insecurity had contributed to oil companies moving their operations to offshore locations.
This scrutiny follows the revelation that the Federation Account disbursed about N47tn to the three tiers of government in the three years since the removal of petrol subsidy.
This was as the Federal Government, 36 states and 774 local governments shared a cumulative N93.216tn as revenue from the Federation Account between 2017 and 2025, with more than half of the amount distributed in the three years following the economic reforms introduced by the Federal Government in 2023.
These figures were disclosed in a document obtained by our correspondent from the Federal Ministry of Finance on Sunday.
It showed that N47.25tn, representing about 50.7 per cent of the N93.13tn shared during the period, was distributed between 2023 and 2025 alone, highlighting the sharp expansion in revenues following the removal of petrol subsidy, exchange rate reforms and increased revenue mobilisation.
But policy analysts, civil society groups and other critics say the increase in revenue has not translated into a corresponding improvement in the living conditions of Nigerians facing rising living costs, unemployment, poverty and inadequate public services.
In an interview, a policy analyst, Adebayo Abubakar, said the removal of subsidy had increased government revenues but argued that the additional funds had not always translated into spending that reflected the economic hardship facing Nigerians.
“Roads, bridges, drainage and other infrastructure remain important, but some governments appear to favour conspicuous projects while schools, healthcare facilities, water supply and other basic services receive inadequate attention,” he said.
The removal of petrol subsidy and other economic reforms introduced by the Federal Government in 2023 have triggered an unprecedented surge in revenue flowing into the Federation Account, with the 36 states and 774 local government areas receiving significantly higher allocations amid growing questions over how the windfall has translated into improved infrastructure, security and public services.
The sharp increase in Federation Account Allocation Committee payouts has, however, placed state governors under renewed scrutiny, as many Nigerians continue to grapple with high living costs, poor infrastructure and worsening insecurity despite the substantial growth in revenues available to subnational governments.
While some governors have linked higher FAAC receipts to road construction, bridges, healthcare, education, workers’ welfare and other projects, residents in some states said the increased revenue had not resulted in improved public services or reduced economic hardship.
Findings by The PUNCH showed that the Federal Government, states and local governments received about N47tn from the Federation Account in the three years following the reforms, exceeding the amount shared in the preceding six-year period and reigniting the debate over the benefits and consequences of the subsidy removal policy.
FAAC disbursements
The document showed that FAAC distributions rose from N5.64tn in 2017 to N21.90tn in 2025, representing an increase of about 288 per cent over the nine-year period.
Year-by-year, net FAAC stood at N5.64tn in 2017, N7.98tn in 2018, N7.85tn in 2019, N7.11tn in 2020, N8.12tn in 2021 and N9.18tn in 2022. It subsequently rose to N10.09tn in 2023, N15.26tn in 2024 and a record N21.90tn in 2025.
The development highlights the dramatic transformation in Nigeria’s federation revenue following the removal of petrol subsidy, reforms in the foreign exchange market and efforts to improve revenue mobilisation.
It also exposes the limits of measuring Nigeria’s revenue growth in naira terms alone. While the removal of petrol subsidy, foreign exchange reforms and improved revenue mobilisation helped to push FAAC allocations sharply higher, a significant part of the increase reflects the devaluation of the naira.
For instance, Nigeria shared N7.98tn through FAAC in 2018, which, at the Central Bank of Nigeria exchange rate at the time, was equivalent to about $26bn. By 2025, the amount shared had risen almost threefold to N21.9tn. However, when converted at the CBN exchange rate for 2025, the allocation was worth only about $14.4bn.
In other words, while FAAC distribution increased by about 174 per cent in naira terms between 2018 and 2025, its dollar value fell by roughly 45 per cent, or about $11.6bn.
The comparison suggests that the apparent surge in federation revenue was driven not only by increased revenue generation and reforms, but also by the weaker naira, which translated dollar-denominated oil and other foreign currency earnings into substantially larger amounts of naira.
The document showed that net FAAC allocations stood at N5.64tn in 2017 and rose to N7.98tn in 2018, representing a 29 per cent increase. However, growth was not sustained in the following two years.
The distributable revenue fell by two per cent to N7.85tn in 2019. It declined further by 10 per cent to N7.11tn in 2020, reflecting the economic disruptions associated with the COVID-19 pandemic and developments in the oil market.
The distributable revenue, however, recovered to N8.12tn in 2021 and increased to N9.18tn in 2022. The document put the average annual growth rate for the pre-reform period at eight per cent. But the sharpest increase came after the reforms introduced in 2023.
Net FAAC rose to N10.09tn in 2023, representing a nine per cent increase. It then jumped by 34 per cent to N15.26tn in 2024 and expanded by another 30 per cent to a record N21.90tn in 2025.
This means the average annual growth rate accelerated from eight per cent in the pre-reform period to 24 per cent between 2023 and 2025. In effect, the pace of growth in distributable federation revenue was three times higher in the post-reform period than the average recorded before the reforms.
The figures also showed the extraordinary weight of the last three years in Nigeria’s federation revenue history. Of the N93.13tn shared between 2017 and 2025, the N47.25tn distributed between 2023 and 2025 alone exceeded the combined allocations recorded in several earlier years, meaning that every N2 shared over the nine-year period contained more than N1 distributed after the reforms.
Finance ministry speaks
The Federal Ministry of Finance, in its assessment of the reforms, said states and local governments had received substantially higher allocations, increasing the resources available to subnational governments for salaries, pensions, infrastructure and other public responsibilities.
The ministry said, “States and local governments received significantly higher allocations through the Federation Account, increasing the resources available to meet salaries, pensions, infrastructure and other responsibilities at the subnational level that benefit the people.”
It added that, compared with the monthly run-rate before the removal of petrol subsidy, “states received about N9.17tn in additional allocations from June 2023 to December 2025,” while local governments received about N6.66tn in additional allocations during the same period.
Further analysis of tier-by-tier annual distribution figures for 2022 to 2025 showed that the Federal Government received N1.996tn in 2022, N3.749tn in 2023, N4.570tn in 2024 and N7.024tn in 2025, bringing its four-year allocation to about N17.34tn.
The figures showed that the states emerged as the biggest beneficiaries of the post-reform expansion in FAAC receipts. Their annual allocation jumped from N4.18tn in 2023 to N8.93tn in 2025, more than doubling within two years. In 2024, states received N6.53tn, exceeding the Federal Government’s N4.57tn allocation in the figures contained in the document.
A World Bank analysis similarly identified 2024 as a turning point when state governments received more from FAAC distributable revenues than the Federal Government, reflecting a structural shift in the pattern of federation revenue distribution.
The expansion in FAAC receipts has been linked largely to the fiscal reforms introduced by President Bola Tinubu’s administration after it assumed office in May 2023.
The reforms included the removal of petrol subsidy and changes to the foreign exchange regime, alongside efforts to improve tax collection and revenue remittances.
News
Nwabueze Denies Running ‘Fake Agency’, Says Made-in-Nigeria Project Has Operated Under OSGF for 16 Years
The National Coordinator and Executive Director of the National Brands Development and Made in Nigeria Special Project Office, George Nwabueze, has denied the allegation of running a “fake agency” in the country.
Nwabueze, who spoke with newsmen on Saturday, noted that he oversaw an office which was under the supervision of the Office of the Secretary to the Government of the Federation.
He noted that the office had been in existence for 16 years.
The Independent Corrupt Practices and other related offences Commission had on Friday said the President had ordered Nwabueze’s arrest for leading and promoting the outfit, which it tagged as a fake federal agency.
The ICPC said the accused was running it with the collaboration of senior public servants in the Office of the Secretary to the Government of the Federation.
But responding to our correspondent, the embattled executive director said, “Made in Nigeria Special Project Office is a project office in the OSGF. We don’t know where fake agency comes from. A programme that has been in the SGF’s office since 16 July 2010 was just discovered yesterday (Friday). After 16 years; Nigeria is a funny country.”
Nwabueze spoke while responding to our correspondent’s enquiries on LinkedIn, where he had earlier posted his appointment letter to rebuff ICPC’s claim of illegality.
The letter, dated October 3, 2025, was purportedly issued by the Office of the Secretary to the Government of the Federation.
It was referenced OSGF/MIN/59310/11/205 and signed by the Permanent Secretary, Political and Economic Affairs Office, Nadungu Gagare.
The letter, addressed to “Hon. George Buchi Nwabueze, National Coordinator, Made in Nigeria Project Office, OSGF, Three Arms Zone, Abuja,” conveyed the approval of his appointment as National Coordinator/Executive Director of the Made in Nigeria Project Office under the OSGF.
According to the document, the appointment was for a five-year tenure beginning from July 2025 and was renewable.
“I am directed to formally convey the approval of your appointment as National Coordinator/Executive Director of the Made in Nigeria Project Office under the Office of the Secretary to the Government of the Federation,” the letter stated.
It added that the appointment followed “a careful evaluation of your commitment, contribution, and capacity in delivering on the mandate of the Special Project Office.”
The document listed Nwabueze’s responsibilities to include the supervision and development of programmes, projects and policies; supervision of regional and state coordinators across the 36 states; and organisation of exhibitions, trade expos, economic summits and other promotional initiatives aimed at promoting indigenous products and services.
It further stated that the project was to operate temporarily from Room B53, Ground Floor, within the OSGF complex.
“Please note that this appointment is at the pleasure of the Secretary to the Government of the Federation, and in line with the objectives of the Made in Nigeria initiative under the Renewed Hope Agenda,” the letter said.
Efforts to engage Nwabueze further on the matter proved abortive as he declined response.
Former Speaker of the Abia State House of Assembly, Rt. Hon. Chinedum Enyinnaya Orji, has described Pastor Jerry Uchechukwu Eze as an exceptional man of God whose ministry has made a profound impact on humanity.
In a birthday congratulatory message issued on Saturday, August 22, 2026, Orji paid glowing tribute to the Senior Pastor of Streams of Joy International and Convener of the New Season Prophetic Prayers and Declaration (NSPPD).
“Your faith, selfless service, wisdom and commitment to the work of God continue to inspire countless lives. Your ministry has been a source of hope, guidance and spiritual upliftment to many,” Orji said.
The former Speaker further described Pastor Jerry Eze as a highly revered servant of God who is truly filled with the Holy Spirit, noting that testimonies of miracles, signs and wonders consistently follow the NSPPD prayer sessions.
While wishing the celebrant a happy birthday, Orji prayed that God would continue to increase him in ministry, wisdom, knowledge and understanding, and grant him long life in peace and happiness.
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