NEWS
HCI: Nigeria to Join 80 Top Countries – VP
Vice-President Kashim Shettima has pledged the Federal Government’s resolve to position Nigeria among the top 80 countries on the global Human Capital Index (HCI).
Shettima also expressed the determination of President Bola Tinubu-led administration to build a healthier, better-educated, and empowered Nigeria.
He stated this on Friday while inaugurating the HCD 2.
0 strategy at a meeting of the steering committee of the Human Capital Development Programme at the Presidential Villa, Abuja.According to Shettima, the task is ambitious but achievable.
Shettima called on Nigerians, including policymakers and community leaders, to embrace the human capital development programme.
“Our targets are ambitious, yet achievable. We aim to position Nigeria among the top 80 countries on the Human Capital Index, reaching a score of 0.6 by 2030.
“These metrics represent more than just numbers; they signify the real change in the lives of our people, access to quality healthcare, and improved educational outcomes.
“Others are expanded opportunities for meaningful employment and a society that remains resilient in the face of global challenges.
“As we inaugurate HCD 2.0, I call on every Nigerian — policymakers, community leaders, and citizens alike — to recognise the stakes and embrace the promise of this initiative.
“Building a healthier, better educated, and empowered Nigeria relies on each of us contributing to a legacy of progress and possibility,” he said.
Shettima recalled how Nigeria had faced a situation, in 2018, when the nation’s ranking on global human capital indices showed critical gaps in health, education and employment.
The urgency to address the situation, he said, compelled the government to prioritise human capital development.
According to him, this led to the launch of HCD 1.0 to build a healthy, educated, and productive Nigeria by 2030.
He described the launch of the HCD 2.0 as the beginning of a new phase.
“We have laid a strong foundation, and now, we officially launch the second phase of the Human Capital Development strategy—HCD 2.0.
“This initiative represents far more than a programme. It is a national commitment, a promise to the well-being, empowerment, and productivity of every Nigerian.
“It embodies a vision that speaks to the aspirations of each citizen and affirms our shared goals – a healthier, more educated, and more inclusive Nigeria,” he said
He explained that the goal of the HCD 2.0 strategy was to make sure that no Nigerian was left behind in the nation’s efforts toward a more inclusive and sustainable society.
Shettima listed the core pillars of the strategy to include equitable and modern healthcare, an inclusive, functional education system, and promotion of financial inclusion nationwide.
“One of the core pillars of HCD 2.0 is equitable and modern healthcare. We envision a system that reaches every Nigerian, regardless of location or economic standing.
“Through digital health platforms, innovative financing, and climate-resilient practices, we aim to create a healthcare system that serves all.
“Alongside healthcare, we are transforming our approach to education. We are committed to fostering an inclusive, functional education system that prioritises digital literacy, gender equity, and financial accessibility,” he said.
The vice-president explained that HCD 2.0 was targeted at bridging the digital divide and promoting financial inclusion across Nigeria.
“By advancing fintech solutions, online banking, and digital payment systems, we are creating pathways for every Nigerian to actively participate in the economy,” he said.
Earlier, Special Adviser to the President on National Economic Council (NEC) and Climate Change, Rukaiya El-Rufai, said the new programme aimed to enhance human capital outcomes by focusing on education, health, and workforce development.
According to her, it will be building on the progress of its predecessor, HCD 1.0.
“The HCD 2.0 Programme is designed to elevate Nigeria’s Human Capital Index (HCI) and ensure our country is equipped to face both national and global challenges, including climate change and digital transformation,” she said.
She also highlighted the importance of robust Monitoring, Evaluation, Accountability, and Learning (MEAL) processes to ensure transparency and effectiveness in tracking progress.
“We are committed to closing critical gaps in health, education, and labour force participation while promoting sustainability and inclusivity in all our efforts,” she added. (NAN)
NEWS
Yuletide: Bode George Urges Tinubu to Reduce Petrol Price
Chief Bode George, a former Deputy National Chairman of the Peoples Democratic Party (PDP), has urged President Bola Tinubu to reduce the price of petrol to N300 per litre ,to make things easy for Nigerians during the festive season.
George, the Atona Oodua of Yorubaland, made this plea at an interactive session with newsmen on Wednesday in Lagos.
The price of Premium Motor Spirit, popularly known as petrol, is currently above N1,000 per litre.
According to the elder statesman,Nigerians are going through hardship, the President should give an order to reduce fuel price, specifying time frame the people will enjoy such window of relief.
He said that the federal government as well as well- meaning individuals and businesses could bear the cost of such price slash , to bring happiness to all Nigerians.
The PDP leader, who noted that December and January are special months , said that such gesture could start from the middle of December and run through January.
“I have been thinking, as a Nigerian, what can we do because the anger and the hunger are almost equal on the streets of Nigeria.
“What am I suggesting is that Mr President should sit down with his managers and give an order that from the middle of December to the end of January, the cost of petrol will be N300 per litre.
“The government can absorb the losses in the interest of the suffering people.
“If they (government) want others to contribute, let us know how much that is going to cost and ask people to donate, to bear the cost.
“We will be sending a lot of messages of happiness across the tribes and homes.
“Everybody in Nigeria will be happy because it will positively impact on this period of the year. It is a challenge and he (Tinubu) can do it.
“We need this in this December and January to put smiles on the faces of Nigerians, ” George, a PDP Board of Trustees (BOT) life member, said.
Advising the President to take further measures to bring relief to the people, he said that the gesture would crash prices of essential commodities and services for the benefit of all .
He said that government’s efforts should be concentrated on reducing high inflation rate, unemployment, poverty and youth restlessness in order to create a better future for Nigerians
Speaking on the recent presidential election in Ghana, George noted that Nigeria’s electoral system needed reforms to guard against electoral frauds and manipulations.
According to him, the nation will continue to grope for development if the system fails to encourage best candidates to emerge.
Stating that election must reflect the wishes of the people and be devoid of religious and tribal sentiments, George said that Ghana election should be a wake up call for Nigeria.
“INEC performance must improve. The commission must make sure that the voice of the people is heard in elections.
“Electoral offenders should be made to face the music and sent to jail. We must be very firm about due process, credibility and transparency in elections,” he said.
Urging the President to revisit resolutions in the 2014 Constitutional Conference, George said that the current constitution was not federal in principle and practice.
“We should not deceive ourselves, the constitution is a problem. It is a military constitution, it is not democratic,” he said.
George called on the National Assembly to ensure devolution of powers and electoral reforms that would do away with manual collation of election results and mandate electronic transmission of election results from polling units.
George disagreed with political watchers saying no vacancy in presidency in 2027.
On the dwindling strength of the former ruling party, George, who noted that all organisations had its ups and downs, said that selfish interests and disregard for party rules remained PDP’s major challenge.
He said that PDP could bounce back and win presidential election if the leadership decided to elevate national interest above selfish interests and adhere to the party’s constitution.
“We will tell ourselves some serious old truth. We messed ourselves up. ” he said.
Stating, however, that the PDP was not dead, George said that lack of justice, equity, fairness and the inability to adhere to the party’s zoning and rotational principle cost the party victory in 2023.
Calling on the party’s founding fathers alive to wake up and rescue the party, George said that Nigerians were still waiting for the former ruling party to take over power and put things right. (NAN)
NEWS
Tinubu Set for Groundbreaking of Renewed Hope City in Lagos
President Bola Tinubu, is set to perform the groundbreaking of 2,000 housing units of the Renewed Hope City in Ibeju Lekki, Lagos, in the next few weeks.
Mr Ahmed Dangiwa, Minister of Housing and Urban Development, announced this during an official assessment visit, on Wednesday in Lagos
Dangiwa said Lagos would represent the South-west, while the president would do that of the North-West in Kano, before doing that of the four other regions.
“Arrangements is already on ground, we have gotten sites, and work has commenced for 2000 houses in the Renewed Hope City that we intend to build in Ibeju-Lekki,” he said.
Towards achieving the set goal, the minister said the visiting team also paid a courtesy visit to Gov.
Babajide Sanwo-Olu to discuss area of collaboration between the federal and state governments.He disclosed that the federal and Lagos state governments had agreed to set up a Tripartite committee and ensure all the issues of concerns between the parties were resolved amicably for the benefit of all.
Earlier, the Minister embarked on an assessment visit of deplorable Federal Government buildings and assets across Lagos state in a bid to commence rehabilitation on them in a few months.
Dangiwa said the rehabilitation was necessary as the deplorable buildings posed a challenge and security concerns to the Lagos state government. (NAN)
NEWS
Gov. Alia Presents N550.1bn as 2025 Budget Estimate to Benue Assembly
Gov. Hyacinth Alia on Wednesday presented the sum of N550.1bn as the 2025 appropriation bill to the Benue State House of Assembly for consideration and passage into law.
Alia told the lawmakers that out of the total budget size, N175.4 billion is for recurrent expenditure while the N374.
7 billion is for capital expenditure.The governor said that the total estimate represented a 47.
5 per cent increment over the 2024 revised and approved figure of N373 billion.He stated that the appropriation bill tagged “Budget of Human Capital Development, Food Security, and Digital Economy” was to consolidate the gains made in 2024.
Alia further explained that the proposed recurrent expenditure of N175.
4 billion was 13.55 per cent higher than the previous year.According to him, budgeted capital expenditure of N374.7 billion represents a 71.5 per cent increment on the 2024 revised capital expenditure.
“The budget breakdown indicated that the sum of N212.2 billion, representing 38.52 per cent is for administration; N196.6 billion, representing 35.68 per cent is for the economy; law and justice will take N26.6 billion, representing 4.84 per cent while social welfare will gulp N115.5 billion, representing 20.96 per cent.
“We have the vision. We have the will. And most importantly, we have the people ready to work alongside us to turn this vision into reality.
“Together, we will build a state where every citizen has the opportunity to succeed, where food is plentiful, and where the digital economy opens new frontiers of opportunity for all,” he said.
The governor said the intention of the government was to stay within the limits of its recurring revenue to build the state without accruing unnecessary debts for generations unborn.
He, however, said that since the 2025 budget was a deficit one, it proposed a borrowing plan of a conservative sum of N26bn, representing a modest 4.7 per cent of the proposed aggregate expenditure for 2025.
“This is lower than the state’s debt-to-GDP ratio of 8.2 per cent which is within the benchmark of the 25 per cent debt sustainability threshold.
“Despite these favourable debt ratios, I want to reiterate that borrowing will only be considered as a last resort and for regenerative investment purposes,” he added.
Alia stated that the problem of Internally Displaced Persons (IDPs) remained a challenge, adding that they have reasonably improved their living conditions.
He said the Bureau of International Cooperation and Development has elicited substantial grants from donors, totalling N85bn. (NAN)