Nigerian joint security forces have killed 32 armed bandits, including two of their leaders who were fleeing from Zamfara State.
Security sources confirmed: “at least 32 of the bandits were killed, including their leaders: Karki Buzu and Yalo Nagoshi, while another kingpin, Ali Kawaji sustained serious gun wounds.”
It was learnt that the killing came after the bandits attacked a security post, and shot dead five policemen who attempted to confront them.
The incident was said to have occurred at Bangu Gari in the Rafi Local Government Area of Niger State.
Sources said that the armed bandits, who fled Zamfara State due to the ongoing military operation, had earlier wreaked havoc on the community.
“The bandits came in their large number with sophisticated weapons including rocket launchers after fleeing their camps at Danjibga and Munhaye in Tsafe Local Government Area of Zamfara State.
“They stormed the police station at Bangu Gari in Rafi LGA and killed five policemen during the exchange of gunfire.
“Immediately a signal was received and a detachment of joint security forces was despatched. The troops on reinforcement successfully ambushed the marauding bandits while attempting to escape through Tegina axis.”
President of the African Development Bank (AfDB), Dr. Femi Adesina has challenged Nigeria to build quality health care systems that will protect its population, today and well into the future in the face of far too low vaccination facilities against COVID19 that is ravaging the world.
“Nigeria must also build world-class local pharmaceutical industries, able to effectively tackle the production of therapeutic drugs and vaccines.
“Nigeria must revamp its local pharmaceutical industry and launch strategic investments for local vaccine manufacturing.”
Dr. Adesina advance is backgrounded on the current situation in the world where in the United States of America, 54 percent of the population had been vaccinated against COVID 19, and 75 percent of the population of Europe had similarly been vaccinated while only 2 percent of African population had been vaccinated.
According to him, while developed countries are receiving booster shots, African countries cannot get basic shots.
“Africa should not be begging for vaccines; Africa should be producing vaccines.
The African Development Bank will invest $3 billion in support of local pharmaceutical industries in Africa, including in Nigeria.”
Dr. Adesina cautioned that the world is still bugged down with the effects of the global COVID-19 pandemic, which he said has caused so many deaths and upended global economic growth.
“Due to COVID-19, Nigeria’s economic growth rate declined to -1.8% in 2020. This mirrors the pattern across Africa, as the continent posted a -2.1% growth rate in GDP, its lowest in two decades.
“The African Development Bank responded rapidly in supporting African countries. We launched a $10 billion Crisis Response Facility to support countries.
“We provided $289 million in budget support to Nigeria.
“The GDP growth rate for the continent will recover to 3.4% this year. We project Nigeria’s economic growth rate will rebound to 2.4% this year and reach 2.9% by 2022.
“The recovery will depend on two critical issues: access to vaccines and tackling debt issues.”
He advised Nigeria to decisively tackle its debt challenges even though he acknowledged that the issue is not about debt-to-GDP ratio, “as Nigeria’s debt-to-GDP ratio at 35% is still moderate. The big issue is how to service the debt and what that means for resources for domestic investments needed to spur faster economic growth.
“The debt service to revenue ratio of Nigeria is high at 73%. Things will improve as oil prices recover, but the situation has revealed the vulnerability of Nigeria’s economy. To have economic resurgence, we need to fix the structure of the economy and address some fundamentals.
“Nigeria’s challenge is revenue concentration, as the oil sector accounts for 75.4 % of export revenue and 50 % of all government revenue.
“What is needed for sustained growth and economic resurgence is to remove the structural bottlenecks that limit the productivity and the revenue earning potential of the huge non-oil sectors.
“Nigeria should significantly boost productivity and revenues from its non-oil sector, with appropriate fiscal and macroeconomic policies, especially flexible exchange rates that will enhance international competitiveness.
“Infrastructure is critical for unlocking the full potential of Nigeria’s economy. Nigeria will need $15 billion a year for investment in infrastructure.
“Financial innovations should be prioritized as governments alone cannot afford these huge financial costs.
“The private sector should be given incentives to invest in infrastructure.
“The Federal Government’s 15 trillion Naira Infrastructure Fund is a good idea, so is the initiative for tax credits for private sector investment in infrastructure.
“To be sustainable and more efficient, Public-Private Partnerships (PPPs) should be accelerated to finance major infrastructure across Nigeria.
“Nigeria’s institutional investors, especially the pension funds, should invest in infrastructure. Governments can also implement ‘Infrastructure Asset Recycling models, where existing infrastructure assets on government books can be turned over to the private sector, freeing up financing for governments to invest in new infrastructure needs.
Here is the lesson: sustainable financing approaches such as PPPs and infrastructure asset recycling will allow Nigeria to attract significant private sector investment into infrastructure.”
Stakeholders are putting heads together to establish Youth Entrepreneurship Investment Banks in the countries of Africa.
The banks will form new financial institutions, run by young, professional, and highly competent financial experts and bankers, to develop and deploy new financial products and services for businesses and ventures of young people.
“Several African countries have already indicated their readiness to establish Youth Entrepreneurship Investment Banks.”
President of the African Development Bank (AfDB), Dr. Akiwunmi Adesina, who dropped the hint today in Abuja, Nigeria, said that time had come when African governments “must unleash the potential of the youth.”
He said that today in Nigeria, over 75 percent of the population is under the age of 35 and that more decisive actions are needed to turn this demographic asset into an economic dividend.
“A young, productive, youthful population, with access to education, skills, social protection, affordable housing, and medical care, will power Nigeria’s economy, now and well into the future.
“We must move away from so-called ‘youth empowerment programs.’ The youth do not need handouts. They need investments.
“That is why the African Development Bank is currently working with Central Banks and countries to design and support the establishment of Youth entrepreneurship investment banks.”
Dr. Adesina said that Nigeria should make its youth the drivers of the new economy through the creation of Youth Entrepreneurship Investment Banks, that put new financial ecosystems around them to fully unleash their potential.
On the industries that will dominate the future, Adesina said it is the FinTech industry.
According to him, by 2030, 650 million Africans will have smart phones, and 50 million will have 5G phone networks. Digital payments, mobile money accounts, savings, credit, and money transfers will revolutionize businesses.
“Nigeria’s FinTech is surging as one the leaders in Africa today. Google recently announced plans to invest $1 billion in Africa.
“That tells you something: they see the demographic and mobile tech growth and how this will rapidly change the future of e-commerce, trade, health, and finance.”
He said that the African Development Bank will support the Federal Government efforts, being led by Vice President Osinbajo, on the Digital Nigeria.
“The Bank is preparing investment in Digital and Creative Enterprises (I-DICE) program, a $600 million investment to be co-financed with several partners, which will promote entrepreneurship and innovation in the digital technology and creative industries.
“Nigeria should take the FinTech industry as a major driver of the economy and invest heavily in digital infrastructure.
“An economically resurgent Nigeria must be a more peaceful and secure Nigeria. “Today, more than ever, several African countries are spending a significant share of their budgets on security, displacing the resources needed for development.
“Increasingly, the investible space in many parts of Africa, including Nigeria, is shrinking due to insecurity and insurgencies.
“Yet, resources are not there to enable countries to cope with these rising challenges. We must recognize the strong linkages between security, investment, growth, and development.
That is why the African Development Bank is working on developing Security-Indexed Investment Bonds to help African countries and Regional Economic Communities to mobilize resources to tackle these challenges.
“The Security-Indexed Investment Bonds will raise funds on the global capital markets to support countries to upgrade their security architecture, rebuild damaged infrastructure in conflict-affected areas, rebuild social infrastructure and protect zones where there are strategic investments.
Here is the lesson: without security there cannot be investment, without investment there cannot be growth, and without growth there cannot be development.
“The African Development Bank stands ready to help Nigeria in the design and implementation of Security-Indexed Investment Bonds to raise more resources to tackle its security challenges.”
President of the African Development Bank Group, Dr. Akinwumi Adesina has announced that the bank is currently working closely with some stakeholders to design Special Agro-industrial Processing Zones in Nigeria.
The bank and its partners, according to him, have already mobilized $520 million towards the program.
Dr. Adesina, who spoke today, October 11, at the Mid-Term Ministerial Performance Review Retreat held at the Presidential villa, Abuja, on the topic: ‘Nigeria’s Economic Resurgence:
Learning from the African Experience,’ said that the programme is expected to create at least 1.5 million jobs.
The main stakeholders the bank is working with are the Nigerian Federal Government, seven State Governments, the Federal Capital Territory, the Ministries of Finance, Agriculture, Trade, Industry and Investment, Water Resources, and the Nigerian Sovereign Investment Authority (NSIA).
According to Dr. Adesina, the key for this is the development of Special Agro-industrial Processing Zones (SAPZs) across the country.
“These will be zones enabled with infrastructure and logistics, to support private sector food and agriculture companies to locate close to the areas of production, and to process and add value to food and agricultural commodities.
The AfDB boss suggested that Nigeria should establish Special Agro-industrial Processing Zones all across the country, as well as the e-Wallet System and Growth Enhancement Scheme, to boost farmers access to productivity.
He said that enhancing farm inputs should be reinstated and enshrined in law and cautioned that Policy reversals should be avoided.
Dr. Adesina insisted that Nigeria needs to boost food security, reduce the price of food, and ensure greater competitiveness of the agricultural sector.
He recalled that while he was Minister of Agriculture, he deployed a highly innovative mobile phone system to reach farmers with subsidized farm inputs, a program called ‘Growth Enhancement Scheme’ and the e-wallet system.
“To be clear, this was the first time in the world that such a system was deployed to reach farmers with subsidized farm inputs via mobile phones.
“And it worked! It brought in transparency. It brought in accountability. It brought in all the major commercial banks. More importantly, it delivered impressive results and led to massive food production. It reached 15 million farmers with high quality seeds and fertilizers, right in their villages. Nigeria’s food production boomed and expanded by an additional 21 million metric tons.
“The rice revolution started then, in Kebbi State and the Northwest, as we deployed innovative high-quality seeds of FARO 44 and FARO 52 rice, which we introduced to Nigeria from the Africa Rice Center.
“I remember visiting the Hadejia Valley irrigation project in Jigawa State, as women farmers told me “thank you Minister, we get our seeds and fertilizers right here via our mobile phones in our village and men cannot cheat us anymore”! I was elated.
“Prices of food fell, as productivity went up.
“The ‘Growth Enhancement Scheme’ and the e-wallet system have been adopted in Togo, Liberia, and other African countries. Yet in Nigeria where they were developed, they are no longer being implemented.”
The former minister cautioned President Buhari about people who would be telling him that it is the lack of rain that is leading to low food production.
“A little, maybe. That it is insecurity. Yes, maybe, to some extent. That it is middlemen. A little, maybe.
“But, Mr. President, the main reason is that farmers no longer have access to quality improved seeds, fertilizers, and farm inputs at scale.
“Farmers across the country are asking for the Federal Government to restore in their words “the popular Growth Enhancement Support Scheme and the e-Wallet system.”
“The Chairman of the All Farmers Association of Nigeria (AFAN), Alhaji Farouk Mudi said in March 2020 “These initiatives (the Growth Enhancement Support Scheme and the e-Wallet System) should be restored by the Federal Government. They will boost farmers’ production, create jobs and increase internally generated revenue for the States.”
Dr. Adesina advised the President to please relaunch the ‘Growth Enhancement Scheme’ and the e-wallet system and put millions of farmers at the heart of agriculture — at scale.
“If this is done, and run well, I can assure you that you will see a dramatic turnaround in national food production.
“Your Excellency, Mr. President,
The African Development Bank has helped to finance the revolution of wheat in Sudan, with heat tolerant varieties, by producing 65,000 metric tons of seed. To give you a sense of the magnitude of this, let me say that the largest airplane, the Airbus 380 aircraft, fully loaded with passengers, fuel, and cargo, weighs 98.4 metric tons.
“So, 65,000 metric tons of heat tolerant wheat in Sudan is equivalent to 660 Airbus 380 aircrafts parked on a landing strip.
“The impact was dramatic. In just two seasons, we helped Sudan to cultivate these heat tolerant wheat varieties on 317,00 hectares, which produced 1.1 million metric tons of wheat.
“The Prime Minister of Sudan, Abdallah Hamdok, said with this intervention “the country moved from 25% self-sufficiency to 54% in just two seasons. Sudan expects to become a net exporter of wheat within three years.”
He said that AfDB also supported Ethiopia to cultivate the heat tolerant varieties on over 184,000 hectares.
Interestingly, adding that these same heat tolerant varieties were introduced to Nigeria when he was Minister of Agriculture “and we worked hard to give them to farmers in the Lake Chad Basin.
“Your Excellency Mr. President,
You may wish to know that during the insecurity in the area, my staff at the time, led by Dr. Oluwasina Olabanji, the then Executive Director of the Lake Chad Research Institute, and his team, stayed in the fields, protected the seeds being multiplied, and risked their lives. When insecurity became much more serious, they moved the varieties to Kadawa valley in Kano.
“Dr. Olabanji deserves a national award.
I was on the farms in Kano with several Seriki Nomas or farmer heads. They could not believe that wheat could be as tall as they were! These varieties yield 5 tons per hectare compared to average yield of 1.5 tons per hectare – a 400% increase!
“Nigeria should take advantage of the work of the Bank on this and scale up cultivation of heat tolerant wheat across northern Nigeria.”
The Institute for Agricultural Research (IAR), Ahmadu Bello University, Zaria, Kaduna State has successfully developed a new maize variety known as ‘Tela.’
In a joint statement today, October 11, Alex Abutu, Communications Officer, African Agricultural Technology Foundation (AATF), West and Central Africa, and Yakubu Dodo, Information Officer, IAR, Zaria in Abuja, confirmed that the Federal Government had already approved the open cultivation of the variety.
The new variety of maize is resistant to armyworm, stem borers, and is also tolerant to moderate drought.
The statement said that the approval was contained in a certificate issued to IAR by the National Biosafety Management Agency (NBMA).
“The certificate, dated October 8, 2021, with permit code no. NBMA/CM/003 was issued to IAR for General\Commercial Release of Tela maize, effective from October 8, 2021, to October 5, 2024,” the statement said.
In granting the approval, NBMA considered the advice of the National Biosafety Committee, the National Biosafety Technical Sub-Committee, and the risk management report provided by the applicant.
“The Agency was convinced that there are no known adverse impacts to the conservation and sustainable use of biodiversity, taking into account risk to human health.
“The permit, pursuant to this decision, is without prejudice to other extant legal requirements”, according to the statement.
It said that the permit authorised the holder and persons covered by the permit to commercialise the Tela maize variety.
Reacting to the decision, Professor Ishiyaku Mohammed, Executive Director, IAR, said that it is inspiring for IAR to secure NBMA’s approval for the commercial release of the drought-tolerant and insect-resistant Tela maize.
“This goes to further highlight IAR’s capacity and commitment to providing effective solutions to agricultural problems facing our farmers and optimizing food security for Nigerians.
“The approval will open the way to combating the devastating effects of both drought and insect pests, through the deployment of this new variety of Maize into our farming system.
“The next step is to further evaluate the performance of this new variety by farmers on their fields, in all the major maize growing belts in Nigeria,” Mohammed said.
He said that their intention is to seek another approval by the National variety release committee, before making the seeds commercially available for farmers to plant in the 2023 cropping season.
Dr. Canisius Kanangire, AATF Executive Director, said that the approval had shown that Nigeria is really the giant leading the way in Africa and ensuring that smallholder farmers benefitted from the technology.
According to him, the approval is a sign that progress had been recorded, especially in the quest to expand the options for smallholder farmers on the continent.
Dr Sylvester Oikeh, AATF Tela maize Project Manager, said this is the beginning of a new era for maize farmers in Nigeria.
Professor Rabiu Adamu, the Tela maize Principal Investigator, also said that with the release, the Institute has been permitted to conduct multi-location trials to evaluate the yield and adaptability of the Tela hybrids.
“The highest yielding hybrids exhibiting tolerance to drought and resistance to stem borer and fall armyworm will be released to farmers for cultivation.”
The Tela maize project in Nigeria is part of an international consortium coordinated by AATF, involving Bayer, International Maize and Wheat Improvement Centre (CIMMYT), and the National Agricultural Research Systems of seven countries since 2018.
The countries including Ethiopia, Kenya, Mozambique, Nigeria, South Africa, Tanzania, and Uganda.
A one-time Editor-In-Chief of the Nigerian Tribune newspaper, Folu Olamiti and 20 other super Editors as well as renowned media managers have joined the Guild of Corporate Online Publishers (GOCOP). Olamiti was also until recently, Resident Media Consultant to the Independent Corrupt Practices and Other Related Offences Commission (ICPC).
They were inducted into the 65-member Guild at its 5th Annual General Meeting/National Conference held at Sheraton Hotel, Ikeja Lagos middle of last week.
Others who were formally admitted into the Guild are Dr. Ise-Oluwa Ige, a 2016 PhD holder in Journalism from the prestigious University of Ibadan who is former Editor of Authority on Saturday newspaper and former Editorial Board Chairman and Managing Editor of Daily Times; former Managing Director/Editor-in-Chief of the Sun Publishing Ghana Limited, and CNN African Journalist of the Year 2006, Shola Oshunkeye; a serial Award winner and one of Nigeria’s top investigative journalists, Dipo Kehinde and former Editor at Leadership newspaper and one-time spokesman for the Nigerian Minister of Science and Technology, Hassan Gimba
Also inducted were former Daily Editor of Newswatch newspaper and Communication teacher, Dele Fashomi as well as the following:
Ignatius Chukwu
Victoria Ibanga
Olumide Bajulaiye
Celestine Okafor
Ayo Olesin
Joan Chioma Obinagwam
Biodun Durojaiye
Tajudeen Abdulkareem
Sakibu Olokojobi
Dumebi IfeanyiChukwu
Oluwadare Mayowa
Francis Chukwudi
Danjuma Katsina.
Rose Moses, a gender advocate and editor who started her journalism career in 1990 as Staff Writer with the defunct Satellite Newspapers Limited before she joined Champion Newspapers in 1993 till 2011, having also served as Managing Editor and member, Editorial Board was also on the list.
GOCOP, which now boasts of 86 members, was incorporated in 2015 by 11 professional journalists with the mission to sanitise online media industry in the country.
The journalists and publishers of separate online newspapers who came together at the time are as follows:
Malachy Agbo, formerly of THISDAY, now the publisher of The Citizen
Musikilu Mojeed, an award-winning investigative journalist and Editor-in-Chief at Nigeria’s Premium Times and former Investigative Editor of NEXT
Gabriel Akinadewo, Publisher of Freedom Online and former Editor of Nigerian Compass
Maureen Chigbo, Publisher, Realnews magazine and former General Editor of Newswatch
Isaac Umunna, Publisher, News Express and former General Editor, Africa Today.
Justus Nwakanma, Publisher, Daily Review Online and the former Editor of Daily Champion
Segun Adeleye, Publisher of WorldStage News Online and former Business Editor, The Nation and the Nigerian Compass
Femi Kehinde, Co-Publisher, African Examiner and ex-Editor at Green News
Chijama Ogbu, Publisher of The Rainbow and ex-Business Editor, The Punch
Dotun Oladipo, Publisher of The Eagle Online, a former Sunday Editor of the Nigerian Compass
Semiu Okanlawon, the Publisher of Nigeria Politics Online.
The pioneer President was Malachy Agbo while Musikilu Mojeed was elected Deputy President.
GOCOP is highly recognised as an assemblage of professional online journalists in Nigeria by government at all levels and private corporate organisations.
The leadership of the Nigeria Union of Petroleum and Natural Gas Workers has suspended its intended withdrawal of the services of Petroleum Tanker Drivers earlier scheduled to commence midnight today, October 10. A statement today, October 10, jointly signed by the President, Comrade William Akporeha and General Secretary, Comrade Afolabi Olawale, said that the suspension is as a result of the understanding reached with the Union by the management of NNPC at a meeting held in Ibadan, Oyo State, today. The statement added that it is also due to the expected outcome of the follow up meeting that is scheduled to hold on Tuesday, October 12 in Abuja. “The suspension of our planned action is predicated on our belief that the understanding reached with the government today as well as at meeting of Tuesday 12th, October 2021 will be fulfilled to the letters. “We wish to clearly make it known to all well meaning Nigerians that have variously appealed to us on these issues that our plan was not intended to inflict further pains on Nigerians but to ensure observance of minimum safety on our highways for the good of lives and properties. “We are well aware of the impacts which our actions usually have on the people, businesses and the nation at large, but we cannot continue to watch as things continue to degenerate in our industry. “In the light of the above, the Union will not hesitate to re- commence the action without any notice if the understanding reached in these two meetings are not fully implemented within the timeframe agreed. “With this, our Petroleum Tanker Drivers are hereby directed to continue providing services for the efficient and effective distribution of Petroleum products to homes and workplaces across the country. “Our Solidarity remains constant for the Union makes us strong.”
The Nigerian National Petroleum Corporation has appealed to Petroleum Tanker Drivers to, in the interest and welfare of the Nigerian people call off its planned strike action.
The strike is about the condition of roads in various parts of Nigeria which are used for the distribution of goods and services including petroleum products.
In a statement today, October 10, the Corporation’s Group General Manager,
Group Public Affairs Division, Garba Deen Muhammad, said that even though it is not the responsibility of the NNPC to build or rehabilitate roads, any disruption in the distrubution of petroleum products to different parts of Nigeria will adversely affect the business of the NNPC and endanger energy security, which the country has enjoyed for a long time now.
“In recognition of this, the NNPC wishes to assure the Petroleum Tanker Drivers that in addition to the ongoing efforts by other agencies of government, the NNPC has initiated a process that will provide a quick and effective solution to the roads network challenges as expressed by the PTD.
“Having recognised that the major reason slowing down the rehabilitation of the road networks in the country is the paucity of funds, the NNPC has expressed interest to invest in the reconstruction of select Federal roads under the Federal Government’s Road Infrastructure Development and Refurbishment Investment Task Credit Scheme.
“The thrust of the NNPC’s intervention is to make considerable funds available for the reconstruction of roads through it Future Tax Liability.
“NNPC as a responsible corporate entity recognises the legitimate concerns of the PTD, we however appeal to the leadership and members to reconsider their decision in the overall national interest.
“Accordingly, we urge PTD to immediately call off the strike notice and give the current efforts by government and its agencies a chance to solve the challenges in the interest of all.
“We also wish to strongly advice Nigerians not to engage in panic buying of petroleum products as the NNPC has sufficient stock to last through this festive seasond and beyond.”
Farmer carefully packing harvested cassava tubers for transportation to the market
The Federal Government of Nigeria has moved to revitalize research into agricultural sector of the economy with a view to achieving food Sufficiency and security for the country. Assenting to the Agricultural Research Council of Nigeria (Amendment) Bill 2021 yesterday, October 8 at the Presidential villa in Abuja, President Muhammadu Buhari emphasized the priority his government accords agriculture and food production in the continuous efforts at diversifying the economy. With the amendment, the Council is expected to play a crucial part in coordinating research efforts in the agricultural sector towards achieving food sufficiency and security in the nation. The President, who assented to the bills before his visit to Ethiopia, also approved the establishment of the Federal College of Agriculture, Kirikasamma and the Federal College of Education (Special) Birnin Kudu.
Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, has said that only 41 million pay taxes in Nigeria out of the over 200 million population in the country.
Nami who spoke today, October 8 at the ‘Public Presentation and Breakdown of the Highlights of the 2022 Appropriation Bill’ in Abuja, said that in spite of the 41 million tax payers in the country, Nigeria still earned lower than what its counterparts across Africa generates from Personal Income Taxes (PIT).
“If you also compare that with South Africa where they have a total population of about 60 million people, with just 4 million taxpayers, the total personal income tax paid in South Africa last year was about N13 trillion. You can now see that these things are not adding up.
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Nigerian joint security forces have killed 32 armed bandits, including two of their leaders who were fleeing from Zamfara State.
Stakeholders are putting heads together to establish Youth Entrepreneurship Investment Banks in the countries of Africa.
The Institute for Agricultural Research (IAR), Ahmadu Bello University, Zaria, Kaduna State has successfully developed a new maize variety known as ‘Tela.’
