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FG Spends 400bn Annually on NSIP – Mustafa
By Blessing Bature-Akpakpan, Abuja
The Secretary to Government of the Federation (SGF), Boss Mustafa has said that the Federal Government committed over N400 billion to National Social Investment Programme annually that the youth form the greatest beneficiaries, especially N-Power and the entirety of NSIP.
Mustafa, who made this known during the official launch of the Government Enterprise Empowerment Programme, said that the present administration commits on a yearly basis over 400 billion naira to this people oriented initiatives, adding that this clearly attest to the commitment of the president that has never been witnessed before in this country.
Boss Mustafa who was ably represented by the minister of Youths and Spots development, Sunday Dare said federal government NSIP stands tall amongst the people’s programme of President Muhammadu Buhariâs administration. The N-Power programme is the single largest programme in sub-Saharan African today and many more.
âWe have a president who is readily committed to the eradication of poverty as a way to accelerate Nigeriaâs development. At the core of Mr. Presidentâs initiative are the people. The people oriented presidency. The initiative and policies also caters for various sectors of the society, the youth, women, vulnerable and others.
Also, minister of Humanitarian affairs, disaster management and social development, Sadiya Umar-Farouq, appreciate His Excellency, the President for the confidence and support on me and my team to effectively implement the National Social Investment Programme NSIP.
âThe National Social Investment Programme (NSIP) consists of poverty reduction intervention clusters approved by the Federal Government in 2016 and in 2019 the programme was transferred to the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development for institutionalisation, supervision and coordination. The NSIP clusters, includes; the NPOWER, the GEEP, the CCT and the NHGSFP, which collectively have so far impacted over 12 million households since inception and the numbers are growing,â Farouq said.
The minister said that GEEP programme is a veritable tool designed to end poverty in many ways. In other words, GEEP targets the unbanked poor and vulnerable but skilled population that has always been left out on credit delivery programmes and is directed at providing soft and affordable loans to finance their businesses. The GEEP is innovatively targeted and delivered under three unique products. The TraderMoni for marginalized youth, The MarketMoni targets vulnerable women, and the FarmerMoni specifically focuses on rural farmers.
âThe NSIP and by extension, the GEEP currently remain the main driving force behind the poverty reduction in Nigeria. Let me specially appreciate His Excellency, the Vice-President of Federal Republic of Nigeria, whose office commenced the implementation of the NSIP. Without that solid foundation, we are able to transit to the current levels of implementation smoothly. To my colleagues, the Honourable Ministers here present and all the stakeholders both local and international Organizations who have partnered with the Ministry and have directly or indirectly contributed towards the successful implementation of the NSIP, | say thank you so much for your support and encouragement.
She called on all Nigerians who are specially targeted by the NSIP and indeed the GEEP to please take advantage of all that the programme offers so that the vision of Mr. President of lifting 100 million Nigerians out of poverty in 2030 will unfailingly be accomplished.Vice President, Professor Yemi Osinbajo, who was represented by Senator Baba Femi Ojudu, SA to the president on political matters applaud the humanitarian minister for the sleepless night, hardwork and the perseverance for forging a head for the major plan of fighting poverty
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Nigeria, Germany Deepen Economic Cooperation, Strengthen Partnership
By Tony Obiechina, Abuja
The Federal Government has reaffirmed its commitment to strengthening Nigeriaâs bilateral relations with Germany, with renewed focus on economic cooperation, investment promotion, energy partnerships, and the effective implementation of existing agreements.
Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, made this statement during a visit to the Ministry in Abuja on Monday by the Ambassador of the Federal Republic of Germany to Nigeria, Stefan Rössel.
The minister welcomed the ambassador and his delegation, expressing Nigeriaâs appreciation for Germanyâs longstanding partnership and support for the countryâs economic reform programme, particularly in the early stages of implementation.
He recalled that when German Chancellor Olaf Scholz visited Nigeria, the Federal Government was pursuing significant economic reforms that required support from international partners, including Germany, the World Bank, the International Monetary Fund and the European Union.
The minister said Germanyâs support has contributed to Nigeria’s progress in its reform efforts, adding that the country remains grateful for the cooperation and assistance it has received from its development partners.
He also acknowledged Germanyâs role in facilitating high-level engagements between the two countries, particularly in trade, investment and energy cooperation, noting that discussions during the Nigerian Presidentâs visit to Germany advanced talks on key energy agreements.
Senator Bagudu further commended Germanyâs commitment to multilateral cooperation and international engagement, emphasising the importance of sustained partnerships to address evolving global economic and political challenges.
He noted that Nigeria and Germany had built a strong foundation for bilateral cooperation over the years, with significant opportunities to expand their partnership in areas that support economic growth and development.
The minister disclosed that discussions had covered cooperation involving âŹ25 million and âŹ300 million in export credit guarantees, identifying these as important areas for continued engagement as Nigeria seeks to expand investment opportunities and strengthen its capacity to utilise available resources effectively.
According to him, Nigeriaâs reform efforts have created an opportunity to place greater emphasis on attracting investment, strengthening productive capacity, and translating international partnerships into tangible economic outcomes.
He assured the German ambassador that the ministry was prepared to work closely with the German government and its relevant institutions to deepen bilateral relations and broaden areas of mutual interest.
Earlier, Ambassador Rössel expressed appreciation for the warm reception he received, describing the relationship between Nigeria and Germany as strong and longstanding.
The ambassador, who arrived in Nigeria a few weeks ago, reaffirmed Germanyâs commitment to building on the partnership’s achievements and to exploring opportunities for further cooperation.
He acknowledged that both countries were operating in an increasingly complex global environment characterised by evolving strategic, political and economic challenges.
Despite these circumstances, Ambassador Rössel expressed confidence that the longstanding relationship between Nigeria and Germany would provide a solid foundation for addressing emerging issues and sustaining mutually beneficial cooperation in the years ahead.
He also welcomed the ministryâs readiness to continue working with Germany, noting the importance of maintaining established partnerships while adapting to evolving circumstances.
In her remarks, the Minister of State for Budget and Economic Planning, Dr Doris Uzoka-Anite, congratulated Ambassador Rössel on his appointment, welcomed him to Nigeria, and expressed the ministryâs readiness to collaborate with him and with relevant German agencies.
She emphasised the importance of translating bilateral agreements and shared commitments into practical outcomes, noting that effective implementation remained critical to achieving the partnership’s objectives.
Dr Uzoka-Anite assured the ambassador that the ministry would continue to facilitate collaboration and support efforts to ensure joint initiatives progressed efficiently and delivered meaningful results.
The Permanent Secretary of the Federal Ministry of Budget and Economic Planning, Dr Deborah Odoh, also welcomed the German delegation, describing Germany as a reliable partner whose technical expertise, knowledge exchange and experience had contributed to Nigeriaâs development.
She said the ministry expects the ambassadorâs tenure to create further opportunities to strengthen cooperation and to advance the longstanding relationship between the two countries.
The courtesy visit reaffirmed Nigeria and Germany’s shared commitment to sustaining bilateral engagement, deepening economic cooperation, and exploring opportunities for expanded investment and development collaboration.
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DAILY ASSET Appoints Torough, Editor, Names Eze, Deputy
By Laide Akinboade, Abuja
As part of efforts to reposition the newspaper for optimum corporate performance, the management of Asset Newspapers Limited, Publishers of DAILY ASSET, has announced the appointment of David Torough as the Editor of the Abuja-based national daily.
A statement by the management said the appointments were part of the companyâs new strategy to further penetrate the various states in the country and raise its readership and patronage.
âDAILY ASSET is widely acceptable across the country and to maintain our leadership position, we need to increase management presence, hence the need to create new Bureau offices in some locations outside Abuja and Lagos,â the statement quoted the Publisher/ Editor-in-Chief, Dr Cletus Akwaya to have said.
In a statement yesterday, Publisher and Editor-in-Chief of the fast-growing daily, Dr. Cletus Akwaya said the appointment was part of the new strategy to properly situate the paper for better productivity.
“DAILY ASSET has a commitment with the Nigerian people. We are determined to weather the storm and give Nigerian readers a Newspaper that satisfies their yearnings and reading pleasure and we can only do that with the right set of professionals,â the statement said.
Akwaya, a former Commissioner of Information from Benue State said the difficult times being faced by Nigerians posed a great challenge to the media as the people deserved credible information with which to make choices.
âWe have a bond with the people, to offer credible information at all times in the best tradition of the Nigerian Press and on this scale of objectivity, truth and fairness, we pledge to remain steadfast no matter the challenges,â Akwaya was quoted to have said.
He said the newspaper will maiantin its daily print run and circulation to all states of the federation and urged advertisers to take advantage of the deep penetration of the Daily Asset brand to send their messages.
Torough, the new Editor has had a steady rise in the Newspaper in the last five years.
A graduate of Mass communication of the Benue State University, Makurdi, Torough joined the company in 2022 as Benue State Correspondent. He was spotted for his brilliance and redeployed to Abuja the following year and promoted to Deputy News Editor. He was subswuently named Deputy Editor of the paper, a position he held until the recent appointment.
Torough has attended several journalistic workshops and trainings to properly equip himself for the task ahead.
The statement also said the Management named Eze Okechukwu as Deputy Editor.
Before his elevation as Deputy Editor, Eze has been Deputy Politics Editor and DAILY ASSET Newspaper correspondent covering the Senate, having joined the organization in 2021.
Born on March 10, 1975, Eze holds a Masters Degree in Mass Communication from the Enugu State University of Science and Technology.
Eze began his journalism career with Daily Star, Enugu and later worked with Daily Trust Newspaper, Abuja as sports reporter.
Aside from his journalistic excellence, he has a great deal of passion for sports.
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Insecurity: Northern Govs, Monarchs Seek Six-month Mining Suspension
From Ngutor Dekera, Kaduna and Aliyu Askira, Kano
Northern governors and traditional rulers yesterday called for the suspension of mining activities across the region for six months, blaming illegal mining for worsening insecurity in many states.
The resolution was contained in a communiquĂ© issued after a joint meeting of the Northern States Governorsâ Forum and the Northern Traditional Rulersâ Council held at the Sir Kashim Ibrahim House, Kaduna. The meeting, chaired by the Gombe State Governor and NSGF Chairman, Muhammadu Yahaya, had in attendance the 19 northern governors and chairmen of the 19 statesâ traditional councils.The Forum expressed concern over the escalating violence in parts of the North, including the killings and abductions recently recorded in Kebbi, Kwara, Kogi, Niger, Sokoto, Jigawa and Kano states, as well as renewed Boko Haram attacks in Borno and Yobe.âThe Forum extends its deepest condolences and solidarity to the governments and good people of the affected states,â the communiquĂ© said, noting that the attacks on schoolchildren and other citizens had become âunacceptable tragediesâ that required urgent collective action.It commended President Bola Tinubu for what it described as the Federal Governmentâs âfirm responseâ to recent abductions and insurgency threats, especially the rescue of some abducted pupils.The governors also saluted security agencies for their sacrifices on the frontlines.âWe resolved to renew our support for every step taken by the President and Commander-in-Chief to take the fight to insurgentsâ enclaves in order to end the criminality,â the Forum stated.A major highlight of the meeting was the Northâs renewed push for the establishment of state police, with governors and traditional rulers insisting that decentralised policing had become inevitable.âThe Forum reaffirms its wholehearted support and commitment to the establishment of state police,â the communiquĂ© added, urging federal and state lawmakers from the region to âexpedite action for its actualisation.âOn illegal mining, the governors said criminal mining networks were fuelling violence and providing resources for armed groups.As a corrective measure, they asked Tinubu to direct the Minister of Solid Minerals to impose a six-month suspension of mining activities in order to allow for a full audit and revalidation of licences.âThe Forum observed that illegal mining has become a major contributory factor to the security crises in Northern Nigeria. âWe strongly recommend a suspension of mining exploration for six months to allow proper audit and to arrest the menace of artisanal illegal mining,â it said.To strengthen the fight against insecurity, the governors also announced the creation of a regional Security Trust Fund.Under the proposed arrangement, each state and its local governments will contribute âŠ1bn monthly, to be deducted at source under an agreed framework.They said the fund would help provide sustainable financing for joint operations, intelligence-driven interventions and coordinated security responses across the region.At the end of the meeting, the Forum reaffirmed its commitment to unity and collective responsibility.âOnly through unity, peer review and cooperation can we overcome the pressing challenges before us,â it declared.The Forum agreed to reconvene on a date to be announced.Meanwhile, Nigeriaâs worsening security crisis took a grim turn on Monday as bandits launched fresh attacks in Kano State, abducting 25 villagers, even as the Federal Government raced to secure the release of more than 300 Catholic school children kidnapped in Niger State.In the early hours of Monday, armed bandits invaded Unguwar Tsamiyaâpopularly called Dabawaâin Shanono Local Government Area of Kano State, whisking away nine men and two women after shooting into the air and assaulting residents. The attackers also rustled two cows.A resident lamented the communityâs helplessness: âWe cannot do otherwise; most of us cannot leave because we have nowhere to go. This is our place, our land and everything is here.âThe assault came less than 24 hours after a similar attack on Yan Kamaye in Tsanyawa LGA, a community along the volatile Katsina border.In Niger State, National Security Adviser Nuhu Ribadu has assured distraught families of St. Maryâs Co-Education School, Kontagora that the more than 300 students and staff abducted on November 21 will return home âsoon.â Ribadu, who led a high-level federal delegation to the school on Monday, said the abductees are safe, though he offered no specifics on their location or the status of rescue operations.According to Daniel Atori, spokesman for the Catholic bishop overseeing the school, the NSA reassured officials: âThe children are where they are and will come back safely.âThe St. Maryâs attack is part of a worrying resurgence of mass kidnappings reminiscent of the 2014 Chibok schoolgirlsâ abduction. Security analysts warn that banditry has evolved into a âstructured, profit-seeking industry,â with hundreds of Nigerians abducted in November alone.The Kontagora school abduction occurred the same week 25 girls were kidnapped in Kebbi Stateâvictims who authorities say have since been rescued through ânon-kineticâ means. About 50 of the St. Maryâs hostages have also managed to escape.Ribaduâs delegation, which included the Minister of Humanitarian Affairs and the Director-General of the Department of State Services (DSS), reaffirmed the governmentâs commitment to securing the freedom of all abducted citizens.As communities from Kano to Niger continue to bear the brunt of these violent incursions, the escalating spate of kidnappings underscores the urgent national demand for a more decisive and coordinated security response.

