Politics
Tinubu’s first anniversary gift: FG plans fresh cash transfer to 75 million Nigerians
On January 12, Tinubu suspended all the programmes administered by the National Social Investment Programme Agency for six weeks, as part of a probe of alleged malfeasance in the management of the agency and the scheme.
The president also suspended Betta Edu as the minister of Humanitarian Affairs and Poverty Alleviation on January 8. Edu’s ministry supervises the operations of the NSIPA.
The intervention programmes affected include the N-Power, the conditional cash transfer scheme, the government enterprise and empowerment programme, and the home-grown school feeding initiative.
On March 13, the House of Representatives asked the federal government to resume the implementation of the suspended social investment initiatives.
To revamp the programme, Tinubu approved the establishment of a Special Presidential Panel, led by Edun to carry out an intensive review and audit of the existing financial frameworks and policy guidelines of the social investment programmes.
Giving an update on the steps taken by the committee at the briefing, the finance minister stated that the government had decided to restart the programme to provide succour for poor Nigerians.
Edun said, “I am duty-bound to give you an overview of the strategy, policies, and implementation of Mr President’s reform programme. Immediately upon assuming office, Mr President launched macroeconomic reforms to restore stability to the Nigerian economy, including subsidy reforms and foreign exchange market reforms. These reforms caused a spike in costs for individuals and businesses, but Mr President is committed to counterbalancing the negative effects with interventions across the social spectrum.
“The government has restarted the social investment program, providing direct payments to 75 million Nigerians in 50 million households. Access to credit has been improved, with N1bn allocated to consumer credit and grants of 50,000 Naira being given to 1 million nano industries.”
Food inflation
The National Bureau of Statistics in its April CPI report, said Nigeria’s 33.69 per cent inflation rate was largely driven by food inflation which stood at 40.53 per cent in April, 2024.
Nigerians have continued to lament the steady rise in the prices of goods and services partially fuelled by the removal of petrol subsidies.
But, the minister said with 30 per cent of the world affected by issues of food security, agriculture would play a critical role in addressing global food insecurity.
He stated, “Food security is a worldwide issue, affecting 30 per cent of the world’s active population, and Nigeria is no exception. As I mentioned earlier, agriculture is critical, and success in this area is crucial. Efforts are being redoubled, with N200bn provided by the Ministry of Finance towards an intervention program.
“Just today (Tuesday), we met with the social investment prudential panel and development partners to discuss the President’s emergency plan for food security. We talked about advancing this issue and providing food, nutrition, and security, and this area will receive more attention in the coming weeks. The economy is growing at 2.98 per cent in the first quarter of this year, higher than the population growth rate and last year’s growth rate. Agriculture has the potential to help move the economy forward and reduce inflation.”
Speaking further, the minister stated that the federal government had initiated direct payments to contractors, suppliers, and vendors engaged by the government, evidently aiming to curb corruption in business dealings.
He explained that this measure would guarantee the prudent and accountable expenditure of the nation’s wealth.
Edun also revealed that the government was set to roll out an Economic Emergency Plan that would be implemented in the next six months. The plan, he explained, would help stabilise the economy and set the country on the path of growth.
He explained, “A system of payment has been implemented to ensure that Nigeria’s money is spent wisely and accountably. The government has played a role in helping states in attracting cheap funding and processing projects at the community level. Nigeria’s international credit rating has improved, with Moody’s and Fitch increasing and improving Nigeria’s rates to positive.
“That is the new incentive structure. And it continues also in the oil and gas sector. There has just been a new set of incentives that are encouraging new investments. We expect $7bn worth of investment that has been sitting on the sideline to now come; similarly, in other sectors.
“A stable, growing economy attracts investment that increases productivity, grows the economy further, creates jobs and reduces poverty. That is the trajectory that Nigeria is now on.”
Speaking on economic reforms, the finance minister announced that Nigeria has sufficient resources to pay its debts, both domestically and internationally, without strain.
According to him, this is a significant improvement from the previous situation where the government struggled to pay its way through implementing technological change procedures.
The minister said the revenue of the Federal Republic “has been totally revamped, rejuvenated, and increased substantially” due to the implementation of macroeconomic reforms and the restart of the social investment program.
He said, “We met a situation where the government did not have enough money. The government was not able to pay its way through implementing technological change procedures, which does not just require the skill of the workforce but also the political will.
“However, we are now in a situation where the revenue of the Federal Republic of Nigeria has been revamped, related and increased substantially. What did mean is that the government can now pay its way the government is paid is debt service without resulting to Ways and Means, particularly into debt service, the obligations domestically are now being paid.”
This has put the government in a comfortable position to service its debts and meet its financial obligations.
Edun also highlighted the improvement in Nigeria’s international credit rating, with Moody’s and Fitch increasing and improving Nigeria’s rates to positive.
This, combined with the paying up of a $200m shareholding with the Islamic Development Bank, has built confidence and allowed Nigerians to take their rightful place at the table.
“The process that has been put in place is one that we are mandated not just by Mr President, but even the National Assembly passing the 2024 budget insisted that Nigeria’s money that was in the hands of parastatals agencies, or other enterprises needed to be brought in properly and that has been done which puts the government now in a comfortable situation as we would like to where we pay our way domestically internationally.
“There is a whole host of debt that we met. We owe Islamic Development Bank $200m in shareholding, this is not in terms of loans but in terms of shareholding, our subscriptions. These were things that did not allow the confidence to be built and did not allow Nigerians to have that pride of place when they sit at a table when they travel and they owe money. All these are things of the past now,” he said.
President Bola Ahmed Tinubu is scheduled to depart Abuja on Thursday for Makkah, Saudi Arabia, to perform the Islamic pilgrimage of Umrah, during which he will offer prayers for Nigeria’s peace, unity, stability and progress.
The Presidency announced the trip in a statement issued on Wednesday, October 28, 2026, by the Special Adviser to the President on Information and Strategy, Bayo Onanuga.
According to the statement, the visit will provide the President with an opportunity for spiritual reflection and devotion as he seeks divine intervention in the affairs of the country.
“While in Makkah, President Tinubu will perform the religious rites associated with Umrah, seeking Allah’s guidance and blessings for Nigeria and its people,” Onanuga stated.
The President’s planned pilgrimage comes amid mounting expectations from Nigerians for concrete government interventions to address prevailing economic hardship, insecurity and other challenges confronting the nation.
Before departing Abuja, Tinubu is expected to commission equipment acquired by the Nigerian Air Force to strengthen its operations at the Presidential Wing of the Nnamdi Azikiwe International Airport.
The Presidency, however, did not provide further details on the newly acquired equipment or its operational capabilities.
Onanuga disclosed that the President would return to Nigeria next week after completing the religious exercise.
No specific date was given for his return, while the statement was also silent on whether he would undertake other official engagements during his stay in Saudi Arabia.
Enugu State Governor, Dr. Peter Mbah, has cautioned opposition political figures against making defamatory statements, dismissing allegations that he ordered a private facility to deny a political party access for its proposed town hall meeting.
The governor issued the warning while reacting to a viral social media video alleging that he personally directed the management of the facility not to host the opposition party’s event.
In a statement, Mbah described the allegation as baseless and a deliberate attempt to misrepresent his administration.
“My attention has just been drawn to a video circulating on some social media platforms, alleging that I gave an order denying a political party use of a private facility for their townhall event. This is preposterous and utter falsehood, because I did not,” he stated.
The governor criticised what he described as the opposition’s desperate attempt to attract public attention through unfounded allegations.
“This is shameful and reveals a desperate pattern adopted by the opposition to attract attention,” he added.
Mbah maintained that while democracy guarantees freedom of expression, such freedom should not be misconstrued as an unrestricted licence to malign or defame others.
“There’s no doubt that democracy guarantees freedom of expression. It should be noted, however, that it does not grant anyone the right to defamation,” he warned.
He further reminded political actors that democratic institutions provide legitimate avenues for seeking redress whenever they feel aggrieved, rather than resorting to what he described as defamatory accusations.
“Democracy also offers avenues to seek redress. So, let it be known that there are redlines that should never be crossed,” the governor declared.
Mbah reiterated that he had no involvement in the alleged denial of the facility, distancing himself from claims linking his administration to the controversy.
By Okey Maduforo Awka
Anambra state chapter of the Nigeria Democratic Congress NDC has described as false narrative the trending story that the trio of Presidential candidate Mr Peter Obi, Sen Victor Umeh and Sen Tony Nwoye are currently at daggers drawn following the alleged doctoring of the list of candidates for the 2027 general election in Anambra North Senatorial District.
It is being alleged that the doctoring was executed by Sen Tony Nwoye representing the Senatorial District which resulted in the withdrawal of names of nominees of Nwoye for the Presidential Campaign Council of the party .
Dismissing this narrative, the Anambra state Chairman of the NDC , Hon Ikem Uzoezie stated that the report is not only fales but unfounded contending that it is a recipe for those who are apprehensive of failure in the coming election.
“One would have chosen to keep quiet over this issue but it is important to that we as a party make the following clarifications;
“There is no such thing in our great party the NDC and there can never be and the party is more focused in executing the 2027 general elections and we do not need to be distracted by the machinations of the opposition who are apparently awear of the obvious fact that they have lost the election ”
Uzoezie described the party as one that has respect for rules and guidelines in respect of the the nomination of candidates and we indeed did the needful which can be verified at the Independent National Electoral Commission (INEC).
“For those who have chosen name dropping and name calling as a trade, we urge them to desist from such unlawful act and the party would not hastate to take appropriate actions in that regard”
Uzoezie advised party faithfuls not to allow themselves to be used as a tool in distabizing the party urging them to remain focused.
The Federal Government has approved a monthly transport allowance of N70,000 for public servants as part of measures to cushion the effects of the rising cost of living across the country.
The intervention, which will run for six months beginning in November 2026, is expected to provide eligible workers with a cumulative sum of N420,000 each by April 2027.
The approval followed a conciliation meeting between representatives of the Federal Government and the Nigeria Labour Congress (NLC), held in Abuja on Tuesday, October 27, 2026.
According to the memorandum reached at the meeting, the transport support will apply across all levels of the federal public service, while state and local governments are encouraged to participate in the intervention.
However, the agreement did not specify the exact payment dates, disbursement channels or whether beneficiaries would receive the allowance alongside their monthly salaries.
The N70,000 transport support is separate from the existing national minimum wage and is designed as a temporary intervention to ease workers’ transportation expenses.
Beyond the transport allowance, the government also approved the settlement of outstanding peculiar allowance arrears, effective from May 1, 2026.
Payment of the arrears is scheduled to commence in November and will be spread across three equal monthly instalments.
In another development, the Federal Government agreed to clear 19 months of outstanding allowances owed to health workers within three months, beginning in December 2026.
The National Salaries, Incomes and Wages Commission was equally directed to conclude its assessment of the financial implications of adjusting the Consolidated Health Salary Structure within three weeks.
On the lingering minimum wage issues, both parties agreed to establish a Minimum Wage Negotiation Committee, which is expected to commence deliberations immediately.
The meeting also considered outstanding hazard allowances for agricultural officers, with the verification of eligible beneficiaries and associated financial implications expected to be completed within two weeks.
Similarly, a proposal seeking tax relief for workers will be forwarded to the National Executive Council for consideration.
The Federal Government and the NLC are expected to reconvene after one month to assess the implementation of the resolutions.
Meanwhile, workers in state and local government services may have to await further directives from their respective authorities, as the agreement does not automatically establish that all states have approved the N70,000 monthly intervention.
Politics
Nnamani, Nwobodo, Chime, Ugwuanyi, Arthur Eze, Get Advisory Roles As Mbah Unveils Campaign Council
…Council to Be Inaugurated Tuesday at Enugu International Conference Centre
The Enugu State chapter of the All Progressives Congress (APC) has unveiled a formidable campaign structure ahead of the 2027 general elections, with Governor Peter Mbah emerging as Chairman of the Campaign Council comprising 51 directorates.
The council, unveiled on Monday, October 26, brings together prominent political figures, former governors, serving lawmakers, technocrats and party stakeholders in what appears to be a major political mobilisation drive ahead of the elections.
Among those listed for advisory roles are Senator Ken Nnamani, Senator Jim Nwobodo, former Governor Chimaroke Nnamani, former Governor Sullivan Chime, immediate past Governor Ifeanyi Ugwuanyi, Professor Bart Nnaji, business mogul Arthur Eze, Frank Nweke Jr. and Madueke, among others.
According to the list jointly signed by the state APC Chairman, Dr. Martin Chukwunweike, and Secretary, Hon. Chukwudi Nnadozie, Deputy Governor Ifeanyi Ossai, the APC Deputy National Chairman (South), Speaker of the Enugu State House of Assembly, Hon. Uchenna Ugwu, and Chukwunweike will serve as Vice Chairmen.
Chief Charlie Mbah was appointed Director-General of the Campaign Organisation, while Dr. Eric Oluedo will serve as Secretary-General.
The campaign structure also provides for three Deputy Directors-General representing the state’s senatorial districts.
They are Deacon Okey Ogbodo for Enugu East, Dr. Dan Shere for Enugu North and Hon. S.K.E. Udeh-Okoye for Enugu West.
In the media and publicity directorates, Barr. Steve Oruruo was named Campaign Spokesperson and Director of Public Communication, with Dr. Austin Okolie serving as Co-Spokesperson and Dr. Malachy Agbo as Secretary.
Two members of Governor Mbah’s media team, Mazi Uche Anichukwu and Dan Nwomeh, will head the Directorate of New Media and Strategic Communication and the Directorate of Mainstream Media, respectively.
Dr. Collins Ogbu will serve as Secretary of New Media and Strategic Communication, while Dr. Reuben Onyishi takes the corresponding position in Mainstream Media.
Other key appointments include Barr. Victor Udeh as Director of Administration, while former APC State Chairman, Dr. Ben Nwoye, will head the Fundraising Committee, assisted by Arc. Uche Nwatu as Co-Director.
Former Chief of Naval Staff, Vice Admiral Ikechukwu Ogalla (Rtd.), was appointed Chairman of the Security Directorate, with former Inspector-General of Police, Ogbonna Onovo (Rtd.), serving as Secretary.
The Minister of Innovation, Science and Technology will oversee the Directorate of Government Appointees Coordination, covering federal and state appointees, while Prof. Chidiebere Onyia will serve as Secretary.
Former Speaker of the Enugu State House of Assembly, Rt. Hon. Eugene Odoh, was appointed to head Inter-Party Affairs.
For senatorial coordination, Senator Osita Ngwu will oversee Enugu West, Senator Ikeje Asogwa will coordinate Enugu North, while Senator Kelvin Chukwu takes charge of Enugu East.
Explaining the composition of the council, Chukwunweike and Nnadozie said the extensive campaign structure was deliberately designed to accommodate diverse political interests and ensure grassroots participation across the state.
According to them, the 51 directorates reflect the party’s determination to involve communities, wards, local government areas, professional associations, women, youths, elders and support organisations in its preparations for the 2027 elections.
They stressed that appointments into the council should not be regarded merely as political recognition but as responsibilities requiring commitment and measurable results.
“Appointment into the campaign structure is therefore not merely an honour; it is a call to duty, accountability and measurable contribution,” the statement read.
The unveiling marks a significant organisational step for the Enugu APC as it moves to consolidate its political machinery ahead of the next general elections.
The Campaign Council will be formally inaugurated on Tuesday, October 27, 2026, at the International Conference Centre, Enugu.
All appointed members have been directed to be seated before 3pm.
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