The Nigeria Customs Service (NCS) has taken a decisive step to ease congestion at the country’s ports by initiating legal proceedings to condemn 151 overtime containers and vehicles. These consignments, primarily located at Apapa Port and KLT terminals in Lagos, are being processed for clearance and disposal to enhance efficiency in cargo management. Implementation of the New Port Clearance Policy A recent public notice by the NCS, as sighted by The Nation, confirms that this action aligns with the Nigeria Customs Service Act 2023 and follows an ex-parte motion filed under suit number FHC/L/MISC/8262024, dated November 28, 2024. Findings indicate that: In addition, the NCS has announced the enforcement of a 30-day cargo clearance deadline to streamline port operations, reduce disputes over delayed shipments, and enhance trade facilitation. Key Highlights of the New Customs Guidelines According to the statement signed by Abdullahi Maiwada, the Public Relations Officer of the NCS, the updated regulations specify: Ensuring Transparency and Trade Facilitation The NCS has reassured importers, shipping agents, and other stakeholders of a transparent and efficient cargo clearance process. This initiative aims to: Stakeholders are urged to comply with these new clearance regulations to ensure swift cargo movement and contribute to a more structured port system. Conclusion With the Nigeria Customs Service tightening port clearance regulations, timely compliance will be crucial for businesses relying on imports. The revised 30-day deadline and structured disposal process signify a strong commitment to decongesting Nigeria’s ports while fostering smoother trade operations. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
Introduction The United States Government has granted an emergency humanitarian waiver to ensure continued US-funded HIV treatment support in 55 countries, including Nigeria. This decision comes after a temporary funding suspension that raised concerns about access to life-saving HIV medications. Background on the Funding Pause Recently, former US President Donald Trump issued an executive order that paused foreign aid funding, including allocations for HIV treatment in developing nations. As a result, the US Department of State temporarily halted disbursements from the President’s Emergency Plan for AIDS Relief (PEPFAR)—a program that provides critical HIV treatment worldwide. Impact of PEPFAR on HIV Treatment PEPFAR plays a crucial role in providing antiretroviral therapy to over 20 million people affected by HIV across various countries, including Nigeria. Among these, 566,000 children under 15 years old rely on this program for essential HIV care. US Government Approves Waiver for HIV Treatment In response to concerns over the funding halt, the Joint United Nations Programme on HIV/AIDS (UNAIDS) confirmed that the US government has issued a waiver, allowing individuals living with HIV to continue accessing treatment. A statement from UNAIDS on Wednesday highlighted the significance of this decision: “UNAIDS welcomes this waiver from the US government, which ensures that millions of people living with HIV can continue to receive life-saving HIV medication during the assessment of US foreign development assistance. This urgent decision recognizes PEPFAR’s critical role in the AIDS response and restores hope to people living with HIV.” Conclusion The approval of this waiver ensures that HIV-positive individuals in Nigeria and 54 other countries will continue receiving essential treatment without interruption. The move reinforces the United States’ commitment to global health and highlights the vital role of international partnerships in combating HIV/AIDS. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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NCWGG Plans to Challenge NLC’s February 4 Protest on Telecom Tariff Hike ABUJA – The Nigeria Citizen Watch for Good Governance (NCWGG) has declared its intention to mobilize against the Nigeria Labour Congress (NLC) in response to the planned nationwide protest on February 4, 2025, against the recent telecommunications tariff increase. The group argues that the NLC’s opposition to the hike is counterproductive and could harm the country’s economic stability. NCWGG Supports Telecom Tariff Increase In a statement released on Thursday, Collins Eshiofeh Idowu, President of NCWGG, defended the decision by the Nigerian Communications Commission (NCC) to approve up to a 50% increase in telecom service charges. According to him, this adjustment is vital for sustaining the telecommunications sector, which is a major contributor to employment and economic growth. He criticized the NLC’s stance, stressing that the union had failed to consider the challenges telecom operators face, including rising operational costs. He warned that rejecting the price adjustment could destabilize the sector, leading to job losses and disruptions in communication services. “NLC’s Protest is an Economic Sabotage” – NCWGG The group strongly opposed the planned protest, describing it as unnecessary and harmful to Nigeria’s economic interests. “Did the Labour Congress consider the millions of jobs that rely on a stable telecom industry? What happens if telecom operators can no longer afford to sustain their services? If Nigerians are unable to make calls or access the internet, it would cripple economic activities,” the statement read. Furthermore, NCWGG accused the NLC of acting against the interests of Nigerians and the administration of President Bola Tinubu by failing to recognize the long-term benefits of the tariff adjustment. NCWGG Mobilizes Against NLC Protest Declaring its readiness to counter any anti-tariff demonstrations, NCWGG vowed to mobilize its members across all 36 states and the Federal Capital Territory (FCT). The group maintained that allowing the tariff increase would help modernize Nigeria’s telecom infrastructure, meet the increasing demand for data services, and ensure high-quality, uninterrupted telecommunications for Nigerians. “This increase is necessary to protect the telecommunications industry, enhance service delivery, and drive economic progress. We will not allow economic instability to be created by uninformed protests,” NCWGG concluded. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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Telecom Employees Union Criticizes 50% Telecom Tariff Increase The National Union of Postal and Telecommunication Employees (NUPTE) has strongly condemned the recent 50% hike in telecom tariffs, expressing concerns over its negative impact on Nigerian students and the broader economy. In an official statement, NUPTE President, Comrade Buba Nehemiah, labeled the tariff increase as harmful to national development and detrimental to the livelihoods of millions of Nigerians. The statement highlights: “This excessive increase not only places an unreasonable burden on Nigerians but also threatens the accessibility and affordability of essential telecommunications services, which are vital for communication, work, and economic activities in daily life.” NUPTE, joining the Nigerian Labour Congress (NLC) in opposition, emphasized that this hike will worsen the struggles faced by Nigerians already grappling with rising living costs. “As a Union representing workers in the Postal/Courier and Telecommunications Sectors in Nigeria, we believe this punitive tariff increase undermines the socio-economic well-being of citizens, especially the working-class individuals who rely on affordable telecom services for communication, education, and business,” the statement continued. The tariff hike will particularly burden Nigerians in rural areas, where telecom services are often the only means of connection. NUPTE is calling on the Federal Government to urgently reconsider this decision and engage with key stakeholders—including consumer groups, labor unions, civil society organizations, and telecom operators—to find a more balanced and sustainable solution to telecom tariffs. “The Federal Government must act swiftly to protect the interests of all Nigerians and reverse this tariff hike, which could harm national development and the welfare of our people,” the statement urged. NUPTE reaffirmed its commitment to defending the rights and well-being of workers in the Postal, Courier, and Telecommunications sectors, ensuring that the voices of the Nigerian people are heard and respected in matters that impact their daily lives. RAED ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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The Lagos State Traffic Management Authority (LASTMA) recently impounded 173 vehicles for violating traffic regulations, specifically for illegal parking and causing road obstructions. The vehicles seized included 125 commercial buses and 48 private cars, and the operation took place in some of Lagos’ busiest and most congested areas, such as Idumota, Ijaye Street, Martins, Ereko, Nnamdi Azikiwe by Tom Jones, Ebute-Ero, Oyingbo, Ijora, Adeniji Adele, and Iddo. In a statement released on Thursday via LASTMA’s official X (formerly Twitter) account, the agency emphasized its commitment to upholding traffic discipline and ensuring smooth vehicle movement across the city. Focused Crackdown on Traffic Offenders This operation is part of LASTMA’s ongoing effort to ease Lagos’ notorious traffic congestion, particularly in areas where illegal parking and unauthorized garages worsen gridlocks. The crackdown targets not only illegal parking but also unsafe driving behaviors such as driving against traffic and reckless maneuvers. Mr. Olalekan Bakare-Oki, LASTMA General Manager, alongside Mr. Sola Giwa, the Special Adviser to the Governor on Transportation, led the initiative. The operation is part of a broader campaign to address dangerous driving habits and enforce traffic discipline across the state. Other Traffic Violations Leading to Impoundment In addition to illegal parking and road obstructions, LASTMA enforces the Lagos State Transport Sector Reform Law of 2018, which lists over 20 offenses that can result in vehicle impoundment. Some of the key violations include: Fines and Penalties for Traffic Offenders When a vehicle is impounded, the offender must pay fines that correspond to the violation. Repeat offenders face higher fines or additional penalties. This crackdown serves as a reminder of the importance of obeying traffic rules for the safety and convenience of all road users in Lagos. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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Governor Biodun Oyebanji of Ekiti State has announced the official presentation of the N375.7 billion 2025 budget, signed into law on December 30, 2024. In a key statement, the government confirmed that no borrowing had been undertaken to fund any projects, sticking to its policy of zero borrowing in project financing. During the public breakdown and analysis of the 2025 budget at Jibowu Hall, Government House, Ado-Ekiti, Femi Ajayi, the Commissioner for Budget and Economic Planning, highlighted the administration’s commitment to sustainable growth and improved welfare for citizens. The budget, tagged “Budget of Sustainable Impact,” is aligned with the state’s six pillars of development. Ajayi further detailed the revenue projections for the 2025 fiscal year, noting that the budget would be largely funded by state revenue estimates, including 45% from federal allocations, 15% from Value Added Tax (VAT), 21% from grants by both domestic and international development partners, 8% from state-generated revenue, and 7% from loans aimed at financing specific capital projects. The goals of the 2025 budget include human capital development, expanding the state’s revenue base, enhancing agriculture and food security, completing key developmental projects, fostering employment, upgrading healthcare, advancing the digitalization of public service, promoting development partner collaborations, and increasing productivity. Ajayi emphasized the administration’s dedication to financial discipline and ensuring that every expenditure generates optimal value for the people. The budget was crafted to cater to the most critical sectors of the economy without overstretching the state’s financial capacity. In his conclusion, Ajayi reiterated that the administration of Governor Oyebanji had adhered strictly to its zero borrowing policy. While existing debts are being serviced, no new borrowing has been undertaken to fund state projects. He expressed confidence in the state’s economic growth and urged the people to continue supporting the government’s efforts to create a self-sufficient Ekiti State for future generations. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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The NCC has approved a telecom tariff increase in Nigeria. Here are 7 key facts about the price adjustment, its impact, and what consumers should expect in terms of service quality and competition. Introduction The Nigerian Communications Commission (NCC) has approved an adjustment in telecom tariffs, allowing service providers to modify their pricing. This change has sparked discussions among consumers and industry stakeholders. Here’s everything you need to know about the latest telecom tariff review and its implications. 1. NCC Approves a 50% Tariff Adjustment The NCC has granted telecom operators the right to increase their tariff rates by up to 50% within the limits of an existing price band set in 2013. However, operators are not obligated to implement the full 50% hike—they may opt for a smaller increase. It’s important to note that Nigeria operates a liberalized telecom market, meaning competition will continue to play a role in regulating prices. Historically, competitive forces have driven prices lower, such as when call rates dropped below ₦50 per minute, and per-second billing was introduced. Similarly, as economic conditions improve, competition may help stabilize or even reduce tariffs in the future. 2. NCC’s Regulatory Power on Tariffs The Nigerian Communications Act (NCA) of 2003, particularly Section 108, mandates that all telecom operators obtain approval from the NCC before implementing any tariff changes. This law prevents arbitrary pricing by telecom companies and ensures regulatory oversight on service charges. 3. First Tariff Adjustment in Over a Decade The last time the NCC approved a tariff increase was in 2013—over 10 years ago. At that time, Nigeria’s inflation rate stood at 8.5%. Fast forward to today, inflation has skyrocketed to 34.8%, representing a nearly 300% rise. Given this economic shift, telecom operators argue that an adjustment is necessary to maintain service quality. 4. Rising Operational Costs in the Telecom Industry The telecom industry is one of Nigeria’s largest consumers of diesel, spending approximately ₦40 billion per month to power over 30,000 cell towers nationwide. These towers require round-the-clock electricity to ensure seamless network coverage. Additionally, telecoms depend heavily on foreign exchange (FX) for imported equipment, with no locally available alternatives. Back in 2013, both the dollar exchange rate and diesel prices were under ₦200. Today, both have exceeded ₦1,000, putting immense pressure on operational costs. No industry can maintain constant prices in the face of such drastic cost increases. 5. NCC Limits Tariff Hike Despite Higher Operator Requests Telecom providers initially sought a 100% tariff increase, but the NCC approved only 50%. In exchange, the commission has pledged to strictly monitor service quality and enforce compliance. To hold operators accountable, NCC has revised its regulations to impose heavier fines for poor service delivery. Consumers can now expect stricter enforcement against call drop issues, poor internet quality, and other service-related complaints. 6. Transparent Communication of New Tariff Plans The NCC has mandated that telecom operators clearly disclose their new tariff structures. Under the “Tariff Simplification Guidance”, all charges must be transparent, with no hidden costs or misleading plans. This regulation ensures that consumers fully understand what they are paying for without unexpected deductions or confusing pricing models. 7. Telecom Operators Must Now Deliver Better Services With increased tariffs come higher expectations. Leading telecom companies like MTN, Airtel, and 9Mobile have committed to investing in new infrastructure to enhance service quality. Now that they have more funds, there is no excuse for poor network performance. Nigerians deserve better call quality, faster internet speeds, and improved network coverage. The NCC has also been urged to encourage greater competition within the industry, which will help keep prices reasonable and ensure consumers get value for their money. Conclusion The telecom tariff adjustment is a response to rising operational costs, inflation, and foreign exchange challenges. While a price hike may seem unfavorable to consumers, it is expected to improve service delivery in the long run. The NCC has assured the public that operators will be closely monitored and held accountable for maintaining high-quality services. As Nigeria’s economic conditions evolve, competition and regulatory oversight will play a crucial role in shaping the future of telecom pricing. Stay informed, compare tariff plans, and choose the best options that suit your needs. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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Introduction As former U.S. President Donald Trump re-emerges with his characteristic protectionist stance, global diplomacy faces renewed turbulence. Europe, at a crossroads, must rethink its alliances and economic strategies. One compelling path forward is forging a stronger, mutually beneficial relationship with Africa. With deep historical ties, geographic proximity, and trade potential, a strategic rapprochement could serve both continents well. The Changing Landscape of Global Trade The COVID-19 pandemic reshaped global trade dynamics, accelerating trends like nearshoring, reshoring, and friend-shoring. As countries prioritize securing supply chains, Africa’s rich resources—especially in energy and critical minerals—present a vital opportunity for Europe. However, experts like Professor David Luke from the London School of Economics argue that the Europe-Africa trade relationship remains underutilized due to historical baggage, policy inertia, and a reluctance to tackle pressing issues. With China’s extractive trade practices raising concerns in Africa, and Europe facing trade imbalances with China, both regions have a common interest in forming a unified economic front. By rethinking trade policies, Europe can offer Africa a more sustainable and equitable partnership, countering both Trump-style protectionism and China’s dominance. Key Strategies for a Stronger Europe-Africa Partnership To build a thriving economic alliance, Europe must implement several policy shifts: Addressing the Migration Dilemma Europe faces a demographic crisis marked by aging populations and declining birth rates, creating a growing need for African labor. However, the rise of right-wing politics has intensified anti-immigration sentiment, contradicting economic realities. Restrictive immigration policies are making it harder for skilled African workers to migrate legally, while concerns over illegal migration fuel political tensions. Meanwhile, African nations like Nigeria are experiencing a significant brain drain, with skilled professionals seeking better opportunities abroad. Economic downturns, funding cuts, and climate-related insecurity are further driving irregular migration into Europe. To tackle these intertwined issues, Europe must adopt a more balanced and strategic approach to migration policies. The Digital Economy: A New Frontier for Collaboration Africa’s digital sector holds immense potential, but weak infrastructure and limited technological expertise hinder growth. With the U.S. dominating software and China leading in hardware, Europe has an opportunity to position itself as Africa’s most trusted digital partner. By investing in African digital infrastructure and tech education, Europe can foster innovation while ensuring Africa isn’t sidelined in the global digital economy. Joint ventures in artificial intelligence and digital security could benefit both regions, enabling Africa to develop sovereign technological capabilities. Initiatives like the AU-EU Digital for Development Hub have already fostered cooperation in the digital sector. However, more targeted investment and policy support are needed to translate these collaborations into tangible opportunities for African entrepreneurs and businesses. A Call for Genuine Partnership For Europe and Africa, the stakes could not be higher. A thriving African economy opens new markets, ensures a steady labor supply, and enhances Europe’s global standing. Conversely, Africa’s economic decline would exacerbate Europe’s challenges, fueling migration crises and economic stagnation. However, repairing EU-Africa relations requires more than policy shifts—it demands a change in tone. African leaders are increasingly rejecting paternalistic attitudes and seeking equal partnerships. Resentment over issues like vaccine hoarding, climate hypocrisy, and travel bans has only widened the gap. To build a lasting partnership, Europe must embrace a collaborative approach that respects Africa’s sovereignty, economic ambitions, and strategic interests. Only through mutual respect and forward-thinking policies can both continents unlock their full potential in an increasingly uncertain world. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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Condom prices in Zimbabwe have skyrocketed after the USAID funding cut, raising concerns about HIV prevention. Learn more about the impact and possible solutions. Soaring Condom Prices Spark Public Health Concerns Zimbabwe is grappling with a rising public health crisis as condom prices hit record highs, making them less accessible to the population. A recent survey by iHarare reveals that the most affordable option, Protector Plus, now sells for approximately $1.50 per packet, while premium brands like Fantasy and Carex are priced at $3.20 and $3.30, respectively. USAID Funding Cut Triggers Sharp Price Hike The significant price increase follows the withdrawal of USAID’s funding, a move linked to an executive order signed by former U.S. President Donald Trump. This decision has disrupted Zimbabwe’s condom supply chain, as USAID previously supported the procurement and distribution of 98% of all condoms in the country—both for retail sales and free distribution. Impact on Local Condom Brands The funding cut has particularly affected locally available brands like Protector Plus, which are now being sold at higher prices for cost recovery. A striking comparison from 2023 shows that two packets of Protector Plus condoms were available for just $1, but with the latest surge, prices have increased by 150%, making them unaffordable for many Zimbabweans. Health Experts Call for Government Intervention In response to the crisis, Population Solutions for Health (PSH) has urged the government to remove VAT and import duties on condoms to ease the financial burden on consumers. However, these calls remain unanswered. HIV Prevention at Risk Amidst Condom Shortage Zimbabwe has one of the highest HIV prevalence rates globally, and this shortage poses a serious threat to efforts aimed at curbing the spread of HIV and other sexually transmitted infections (STIs). Health experts warn that the limited availability of condoms could reverse progress made in HIV prevention, leaving millions vulnerable. Conclusion As condom prices continue to soar, urgent government action is needed to ensure that Zimbabweans have access to affordable protection. Without intervention, the rising costs may lead to a decline in condom use, further exacerbating the country’s HIV crisis. REAS A;LSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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Atiku Abubakar has accused President Tinubu’s government of suppressing opposition voices through arrests and intimidation. Read more on his claims about a potential one-party system in Nigeria. Atiku Abubakar Criticizes Tinubu’s Administration Amidst Alleged Suppression of Critics Atiku Abubakar, former Vice President of Nigeria, has strongly condemned President Bola Tinubu’s administration over what he describes as a systematic crackdown on opposition voices. His remarks came in response to the prosecution of Omoyele Sowore, the publisher of Sahara Reporters, and the recent arrest of Prof. Usman Yusuf, former Executive Secretary of the National Health Insurance Scheme (NHIS). Allegations of Intimidation and Harassment Atiku argues that the arrest and detention of these individuals reflect a growing trend of political intimidation. Prof. Usman Yusuf was taken into custody by operatives of the Economic and Financial Crimes Commission (EFCC) on January 28, 2025, over allegations of a ₦4 billion fraud. However, Atiku sees this as part of a larger strategy to silence critics of the ruling All Progressives Congress (APC). In a statement posted on his official X (formerly Twitter) account on January 30, 2025, the 2023 presidential candidate of the Peoples Democratic Party (PDP) warned that if the government continues on this path, “they may soon imprison everyone who speaks against them.” Atiku Accuses APC of Pushing for One-Party Rule Atiku reaffirmed his stance that the APC is deliberately working towards dismantling opposition parties to establish a one-party system in Nigeria. He claimed that previous warnings about the ruling party’s suppression tactics were dismissed, but recent developments prove his concerns to be valid. “When I made the clarion call that Tinubu and the APC were devoting their energies to the systematic harassment, intimidation, and dismantling of the opposition, all in service of their grand design for a one-party autocracy, I became the target of vicious attacks. The arrest and baseless prosecution of @YeleSowore is the latest chapter in this unrelenting campaign. Now, they have seen fit to add Professor Usman Yusuf— an outspoken critic of this administration— into their grim roster. At the pace they are going, it seems they may soon find themselves contending with the incarceration of every one of us,” he wrote. Opposition Parties Demand Proof of Allegations Atiku’s statement aligns with his earlier accusations that the APC is bribing opposition parties to weaken their influence ahead of the 2027 general elections. Speaking at a national conference in Abuja, he alleged that some opposition party leaders had been offered ₦50 million to compromise their leadership and reduce resistance against the ruling party. This claim has sparked controversy, with opposition parties like the Labour Party (LP) and the All Progressives Grand Alliance (APGA) challenging Atiku to provide concrete evidence to support his allegations. Conclusion The political climate in Nigeria remains tense as opposition figures continue to voice concerns over what they perceive as an authoritarian shift under President Tinubu’s administration. Atiku’s latest outburst adds to the growing criticism of the government’s handling of dissent, fueling debates over the future of democracy in the country. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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The EFCC has urged 2024 NYSC Batch C Stream II corps members to stand against corruption, emphasizing hard work over fraud and the role of youths in national development. Introduction The Economic and Financial Crimes Commission (EFCC) has called on members of the 2024 Batch C Stream II of the National Youth Service Corps (NYSC) to take a firm stand against corruption. During an orientation lecture at the NYSC Orientation Camp in Yikpata, Edu Local Government Area, Kwara State, the EFCC emphasized the critical role of youths in combating financial crimes and fostering national growth. Youth Empowerment in the Fight Against Corruption The Executive Chairman of EFCC, Mr. Ola Olukoyede, delivered this message through the Head of Public Affairs Department, Ilorin Zonal Directorate, Mr. Ayodele Babatunde. He encouraged corps members to serve as whistleblowers, intelligence-gatherers, and active foot soldiers in the fight against corruption. According to Olukoyede, corruption hinders Nigeria’s progress, affecting key sectors such as security, infrastructure, and economic development. He stressed that tackling corruption will unleash the creative potential of Nigerian youths, paving the way for a more prosperous society. Hard Work Over Fraud: No Shortcuts to Success Addressing the issue of cybercrime, popularly known as Yahoo-Yahoo, Olukoyede warned against seeking wealth through fraudulent means. He highlighted the long-term consequences of financial crimes, stating that: Corruption and National Challenges Olukoyede linked corruption to various national challenges, including kidnapping, banditry, and poor infrastructure. He urged the corps members to uphold integrity and contribute positively to society by rejecting corrupt practices. Conclusion: A Call to Action The EFCC reaffirmed its commitment to eradicating corruption in Nigeria and encouraged NYSC members to join the fight by reporting fraudulent activities and promoting ethical values. With the active participation of youths, Nigeria can achieve sustainable economic growth and national development. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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IntroductionFood security is the foundation of any prosperous nation. Without a stable food supply, economic growth and national stability remain elusive. Nigeria’s agricultural sector has long struggled with challenges such as low productivity, inadequate funding, and outdated farming practices. However, under the strategic leadership of Alwan Ali Hassan, the Managing Director and CEO of the Bank of Agriculture (BOA), significant improvements have been made. Through farmer-friendly financial policies and innovative agricultural initiatives, Hassan has aligned his vision with President Bola Ahmed Tinubu’s Renewed Hope Agenda, a policy framework designed to promote self-sufficiency and economic sustainability through agriculture. Alwan Ali Hassan: A Visionary Leader in Agriculture Financing More than just a banker, Alwan Ali Hassan is a seasoned financial expert and administrator with over three decades of experience. He earned his Bachelor of Science in Quantity Surveying from Ahmadu Bello University, Zaria, in 1980 and later obtained an MBA in 1987. His career spans key roles at the Central Bank of Nigeria (CBN), United Bank for Africa (UBA), First Bank, and the defunct Bank PHB. Now at the helm of the Bank of Agriculture (BOA), Hassan is leveraging his extensive financial expertise to revolutionize agricultural financing and boost food security in Nigeria. His leadership aligns perfectly with President Tinubu’s Renewed Hope Agenda, positioning agriculture as a key driver of economic development. Transforming Nigeria’s Agricultural Sector: Key Achievements 1. Improving Access to Agricultural Financing Historically, Nigerian farmers have struggled to access credit due to high interest rates and complex loan requirements. Under Hassan’s leadership, the BOA has introduced low-interest agricultural loans, making funding more accessible to farmers. These financial policies have: 2. Introducing Flexible Loan Repayment Structures To address the financial burdens on farmers, Hassan spearheaded repayment structures aligned with harvest cycles. This innovation allows farmers to: 3. Promoting Agricultural Mechanization A major challenge facing Nigerian farmers is the lack of mechanized farming tools. Hassan has facilitated special funding programs that encourage farmers to transition from subsistence farming to commercial agriculture. These programs: 4. Empowering Women and Youth in Agriculture Recognizing the critical role of women and young entrepreneurs in agriculture, Hassan has implemented: This approach ensures the sustainability of Nigeria’s agricultural economy by engaging the next generation of farmers. 5. Strengthening Transparency and Accountability in Agriculture Financing Corruption and mismanagement of agricultural funds have historically hindered sector growth. Under Hassan’s leadership, the BOA has introduced strict financial oversight mechanisms, ensuring that: The Impact on Nigeria’s Food Security and Economic Growth Hassan’s innovative policies have led to: ✅ Increased food production, reducing Nigeria’s dependence on food imports.✅ Better distribution channels, making food more accessible and affordable.✅ Boosted agricultural exports, generating foreign exchange for Nigeria.✅ Reduced reliance on oil revenue, aligning with the economic diversification agenda. With these achievements, Nigeria is becoming a key player in the global agricultural market. Sustaining the Momentum: The Way Forward To build on these gains, continued support from the government, private sector, and financial institutions is essential. Policymakers must: ? Strengthen agricultural funding programs.? Enhance rural infrastructure to support food production.? Promote public-private partnerships in agriculture. Under Alwan Ali Hassan’s leadership, Nigeria’s agricultural future is brighter than ever. By sustaining these policies, the country is on track to achieve full food security and economic stability. READ ALSO: ollow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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Vice President Shettima affirms that Nigerian women will be central to Africa’s $29 trillion economy by 2050. Read more on the 2025 Gender Inclusion Conference and Project #SheIsIncluded. Introduction Vice President Kashim Shettima has highlighted the crucial role Nigerian women will play in achieving Africa’s projected $29 trillion economy by 2050. Speaking at the 2025 Gender Inclusion Conference in Abuja, he launched the Project #SheIsIncluded, reinforcing the government’s commitment to women’s empowerment as a key driver of national and continental economic growth. Nigeria’s Role in Africa’s Economic Growth Shettima emphasized that Nigeria’s economic trajectory is integral to Africa’s future. With the nation expected to become the world’s third most populous country by 2050, surpassing the United States, its women—who make up half the population—are essential to achieving sustainable development. According to a statement by Stanley Nkwocha, the Senior Special Assistant to the President on Media and Communications, Shettima described the Gender Inclusion Conference as more than a policy dialogue—it is a bold declaration of responsibility for Africa’s economic transformation. Women’s Inclusion: A Blueprint for Economic Success Shettima reaffirmed the government’s stance on gender inclusion, stating that it is not merely a concept but a reality in motion, with policies designed to yield measurable economic benefits. He stressed that integrating women into financial and economic systems is central to Nigeria’s growth strategy. “One in every four Black people is Nigerian. By 2050, Nigeria will surpass the United States in population. Numbers matter. Half of our population are women, and where Nigeria leads, Africa follows,” Shettima stated. He further underscored that bridging gender gaps is not just an obligation but a necessary step in achieving Africa’s economic transformation, adding: “We are steering Africa towards a projected $29 trillion economy, and Nigeria’s role in this journey is undeniable.” Breaking Barriers: The Vision of Project #SheIsIncluded The 2025 Gender Inclusion Conference, themed “Breaking Barriers, Building Resilience for Sustainable Women’s Economic and Financial Inclusion,” builds on the 2024 Aso Accord for Economic and Financial Inclusion and aligns with Sustainable Development Goal 5 (SDG 5)—gender equality and women’s empowerment. Shettima revealed that Project #SheIsIncluded is structured around four key pillars: He announced that the initiative will be implemented across all 774 local government areas in Nigeria, ensuring no woman is left behind. “This is not about fulfilling quotas; it is about unlocking Nigeria’s full economic potential by empowering women,” he stated. Government and Private Sector Collaboration for Gender Inclusion The Vice President emphasized that the initiative is a core pillar of Nigeria’s development agenda, rather than a symbolic gesture. He highlighted the Presidential Committee on Economic and Financial Inclusion, in partnership with the Ministry of Women Affairs, as key players in driving this vision forward. “To create an inclusive economy, we must align with global best practices and pursue gender equality relentlessly,” he affirmed. The two-day conference was more than just a forum—it served as a platform for serious reflection and strategic planning on how to foster an inclusive society. He urged both public and private stakeholders to take proactive steps in achieving gender inclusion. Key Stakeholders Support Gender Inclusion Initiative Several dignitaries and stakeholders at the conference expressed their support for women’s economic empowerment: Financial Institutions and Corporate Stakeholders Weigh In Industry leaders also pledged their support for the SheIsIncluded initiative: Conclusion: A Call to Action for Gender Inclusion Vice President Shettima concluded by emphasizing the importance of practical implementation of gender policies, urging stakeholders to ensure that recommendations from the conference translate into tangible outcomes. “When women are empowered, families flourish, communities thrive, and nations prosper,” he stated. The 2025 Gender Inclusion Conference marks a significant step towards achieving a more inclusive economy, positioning Nigeria’s women as key drivers of Africa’s economic future. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
