NEWS
NESG Unveils New Roadmap to Drive Economic Development
By Tony Obiechina, Abuja
The Nigerian Economic Summit Group (NESG) at the weekend unveiled a new roadmap for driving Nigeria’s economic development.
Tagged, “Arc of the possible’, the new roadmap underscores the recalibration of stabilisation strategies to address emerging challenges, ensuring sustainable growth and enhanced living standards.
Speaking at the unveiling of the new strategies during a media interactive session in Abuja, NESG’s CEO, Dr. Tayo Aduloju said with clear targets across key sectors in the short to medium term, the strategy underscores the group’s commitment to actionable solutions that unlock growth and prosperity.
He noted that while the reforms were good in themselves, the danger is that a sub-optimal policy execution or reform reversals, will lead to economic stagnation and heightened vulnerabilities.
The new strategy according to NESG is anchored on institutionalising the capability to promote six reform principles including commitment to a competitive economy, encouragement of private sector investment, creation of an enabling environment, democratic governance in national interest, commitment to the rule of law and the establishment of an economic foundation for sustainable development.
The NESG posited that the government in the short term 2025 to 2026, should focus on creating a positive investment climate, tackling food sovereignty as well as insecurity, stressing that within the same period, the government should focus on improving sectors like energy, agriculture, technology, infrastructure and trade.
In the medium term 2025 to 2030, the focus should be on productivity and efficiency, population governance and job creation, it further noted.
The target is that within the short term of 2025 to 2026, there would be at least 20 per cent growth in the real GDP of the ICT sector, at least 40 percent of citizens and business interactions with the government would have been automated while broadband penetration would hit at least 70 per cent by 2026.
It also targets that within the short term, the government would have reduced post-harvest losses by 50 per cent, increased production of top five crops by 20 per cent and reduced food imports by 50 per cent. In the energy sector, the strategy targets that within the short term, at least 90 per cent of eligible electricity customers would have been metered, crude oil production would have increased to 2.5 million barrels per day, and there would be at least 40 per cent increase in gas production.
The NESG also targets that by 2026, the tonnage being transported through the railway would be doubled, and there would be full operationalisation of the concession of the seven highways.
“For essential intermediate goods, a phased reduction of trade barriers will lower production costs for firms, enabling them to price products more competitively,” the NESG said, adding that removing these barriers will not only reduce inflation but also enhance economic efficiency, resilience and long-term growth potential.
In its economic outlook for 2025, the NESG had said that a stronger economic trajectory is critical for bolstering private sector participation, safeguarding living standards, and mitigating the impact of rising economic uncertainty.
However, it noted that achieving robust growth presents a formidable challenge that necessitates a rethink of current and prospective reform strategies.
It highlights three pivotal reform priorities for 2025 which includes achieving stable and moderate inflation through strengthening fiscal discipline by boosting revenues through progressive tax reforms, reducing wasteful expenditures, and redirecting subsidy removal gains into targeted social programmes; enhancing the monetary policy transmission mechanism for sustainable price stability and lifting import bans and reducing tariffs on essential goods to address supply-side constraints and stabilise prices.
The other is boosting foreign exchange liquidity and stabilising forex rates by streamlining trade processes, enhancing remittance inflows through digitalisation and maintaining a credible monetary policy framework to build investor confidence and ensure exchange rate stability.
The third priority reform area according to the NESG is improving fiscal performance and reducing debt vulnerabilities. This is centred on revenue driven fiscal consolidation, reallocation of expenditures, and the use of non-debt financing mechanisms (e.g. public-private-partnership, PPPs) to reduce debt levels and promote fiscal stability.
The Tinubu’s administration had on assumption of office embarked on some reform initiatives including removal of fuel subsidy, unification of the exchange rates as well as embarking on tax reforms intended to boost the country’s revenue base and support local businesses.
Although the reforms were meant to create a stable macroeconomic environment conducive to investments, job creation, and poverty alleviation, they have produced unintended outcomes as the cost of living has escalated, increasing the poverty index leading to households and businesses struggling to survive.
NEWS
Troops Kill Terrorists, Rescue 39 Kidnap Victims in One Week – DHQ
By David Torough, Abuja
The Armed Forces of Nigeria says its troops killed scores of terrorists, rescued dozens of kidnapped victims and arrested suspected collaborators and logistics suppliers during operations across the country between August 7 and 13, 2026.
The military said the operations, conducted under various joint task forces, also disrupted terrorist supply networks, recovered weapons and ammunition, and targeted crude oil theft and illegal refining activities in the Niger Delta.
In the North East, troops of Operation HADIN KAI reported the neutralisation of terrorists in Borno and Adamawa states, the arrest of suspected logistics facilitators and collaborators, and the surrender of 19 terrorists and their associates.
Five female abductees who escaped from a terrorist enclave in the Mandara Mountains were also rescued in Gwoza Local Government Area of Borno State.
The military said troops also intercepted a terrorist infiltration attempt in Nganzai, killing one terrorist and recovering an assault rifle, ammunition, anti-tank bombs, a rocket-propelled grenade charger and a communication radio.
In the North West, Operation FANSAN YAMMA recorded several encounters with terrorists in Zamfara, Katsina and Kebbi states.
The military said 18 terrorists were killed during an operation at Makuku Village in Sakaba Local Government Area of Kebbi State. It added that two suspected foreign nationals believed to be Improvised Explosive Device experts were arrested in Zurmi, Zamfara State.
Troops also arrested suspected terrorist collaborators and logistics suppliers, including one suspect from whom ₦5.3 million allegedly intended for terrorist associates was recovered.
In the North Central, Operation WHIRL STROKE rescued 25 kidnap victims in Kogi State in two separate operations. Sixteen victims—six men, six women and four children—were rescued along the Ojuwo-Ajengo-Memarebo and Ojiwo-Itobe axes, while nine others were rescued along the Ajaokuta-Itobe Road.
The operation also led to the arrest of five suspected associates of a wanted kidnap kingpin in Benue State and the recovery of locally fabricated rifles, motorcycles and mobile phones.
Operation ENDURING PEACE also rescued a woman abducted from Dong Village in Jos North Local Government Area of Plateau State after sustained pressure forced her kidnappers to abandon her.
In Niger State, Operation SAVANNAH SHIELD rescued nine male kidnap victims in Mariga Local Government Area, while troops in Kwara State arrested four suspected terrorist collaborators.
The military’s account of air operations in Niger State included a major strike against terrorists in the Sangeko and Baba-Doka areas of Mariga. It said initial reports indicated that about 120 bodies and 300 motorcycles were recovered following the August 9 air operation, although assessment of the strike was still ongoing.
The Air Component also reported another operation on August 13 in the Maburya area of Mariga, where terrorists were reportedly sighted fleeing with rustled cattle. The military said the targets were engaged, resulting in the reported neutralisation of 46 terrorists.
In the South-South, Operation DELTA SAFE rescued a kidnapped farmer in Edo State and killed one of his abductors during a covert operation. Troops also recovered ₦1.5 million reportedly intended as ransom.
Military operations in Rivers State targeted oil theft, with troops recovering about 24,000 litres of suspected stolen crude oil, discovering an illegal refining site and intercepting a speedboat carrying approximately 17,000 litres of suspected illegally refined Automotive Gas Oil. Additional operations along the Oteghele axis uncovered concealed storage facilities containing about 105,000 litres of suspected stolen crude oil.
In the South East, Operation UDO KA intensified efforts against a kidnap syndicate operating in Enugu and neighbouring states. The military said one syndicate commander was killed during an August 9 ambush, while another suspect was wounded. A subsequent arrest led troops to a forest hideout where they recovered four AK-47 rifles, seven magazines and 133 rounds of ammunition.
The Defence Headquarters said the reported successes demonstrated the military’s sustained offensive against terrorism, kidnapping, criminality and economic sabotage.
The Chief of Defence Staff, General Olufemi Olatubosun Oluyede, commended troops and other security agencies for their cooperation and urged members of the public to continue providing credible information to support ongoing operations.
The Director of Defence Media Operations, Major General Michael Onoja, said the Armed Forces remained committed to protecting lives and property and restoring peace across the country.
NEWS
Nigeria’s Diversity, Our Greatest Asset, Says Idris
By David Torough, Abuja
The Minister of Information and National Orientation, Mohammed Idris, has described Nigeria’s diversity as a source of strength, urging citizens to promote unity and mutual understanding, noting that what binds Nigerians together is far greater than what divides them.
Idris stated this on Friday, when he attended the wake-keep of the late Ukandi Placidus Ugar Ogar in Obudu, Cross River State, alongside family members, friends, and dignitaries, including the Deputy Governor of Cross River State, Rt.
Hon. Peter Odey; former Governor of Cross River State, Senator Prof. Ben Ayade; Chief of Staff to the Governor of Cross River State, Dr. Emmanuel Ironbar; and the Cross River State Commissioner for Lands, Dr. Erasmus Ekpang.The late Ukandi Placidus Ugar Ogar, who died at the age of 76, was an elder brother to Senator Ayade and Dr. Frank Ayade.
The Minister said the gathering reflected the richness of Nigeria’s diversity and the ability of citizens from different backgrounds to unite in solidarity.
“What I have seen today is the diversity of Nigeria and how it can be further harnessed to promote unity in this country. Nigerians from all walks of life are Nigerians first. Therefore, we must celebrate them wherever they are,” he said.
While expressing condolences to the bereaved family, Idris noted that the occasion also provided an opportunity to honour a life that fostered unity among people.
“It is a moment of sorrow that he has passed on, but also a moment of gratitude that he lived a worthy life, one that helped bring people together,” the Minister said.
He called on Nigerians to continue to promote unity and shared values, while leveraging the country’s diverse cultures and traditions as assets for national development.
“We must strengthen our unity, uphold our shared values, and also see our diversity as a resource that can contribute meaningfully to the growth of our economy,” he said.
Idris reaffirmed that Nigeria’s strength lies in its people and their collective ability to rise above differences in pursuit of the common good.
NEWS
Groups Reject Grazing Reserves, Insist on Resettlement of IDPs in Benue
From Attah Ede Makurdi
The three Socio Cultural Organizations in Benue State(Mdzough U Tiv, Ochetoha K’ Idoma and Omi Ny’Igede, has called on the Federal Government to prioritize the safe return and resettlement of all the Internally Displaced Persons(IDPs) to their ancestral homes before embarking on implementation of any ranching pilot scheme in the State.
The tribal group made the call against the backdrop of the federal government proposed establishment of ranches in Nigeria, using Benue, Nasarawa and Plateau States as a pilot scheme.
Addressing newsmen at a press conference in Makurdi on behalf of the Ochetoha K’ Idoma and Omi Ny’Igede, the President General of Mdzough U Tiv and Chairman of Benue Socio Cultural Organizations, Air Commodore Titus Agbecha (Rtd), disclosed that Benue is currently have over 5000 people living in Internally Displaced Persons’ Camps across the State who have no home to return to, no shelter, no farms, and no livelihood.
The Mdzough U Tiv leader who was flanked by the presidents of Ochetoha K’ Idoma, Prof. Yakubu Ochefu and President of Omi Ny’Igede, Daniel respectively insisted that Federal government must carry out a genuine mediation, uphold security of lives, and restoration of occupied communities as peace must precede policy.
The group noted that dialogue and consent are quite essential as any ranching program must be done through proper consultation, consent, and compensation with host communities.
According to the group, land remains a sensitive issue and cannot be imposed and therefore, there has been no comprehensive mediation, no justice, and no resettlement of these communities.
“We have received with mixed feelings the announcement by the Federal Government on the establishment of ranches in the country; using Benue, Nasarawa, and Plateau States as a pilot scheme.
“Ordinarily, ranching as a modern practice of animal husbandry is welcome. It can reduce farmer-herder conflict and improve food security. However, due to the peculiar realities on ground in Benue and neighboring States, we have three critical realities that must be addressed first;
“We currently have over 5000 Benue people living in Internally Displaced Persons’ Camps across Benue State. They have no home to return to, no shelter, no farms, and no livelihood.
“Thus, it is unjust to talk about new land use for ranches when the owners of the land are still refugees in their own state.
For over 5 years, several communities in Benue State have been under siege. Our villages have been attacked, occupied, and our people killed or chased away.
“Establishing ranches under this atmosphere will be seen as rewarding violence and dispossession. With rapid population growth, available land in Benue and neighboring states is under immense pressure for agricultural production.
“Benue remains the food basket of the nation. Any program that involves large-scale land acquisition must not undermine food production.
“We are not against modern ranching, but federal government should fulfill the above conditions before embarking on any pilot scheme”, Agbecha reiterated.
The chairman assured that the three Socio- Cultural Organisations would continue to consult with relevant stakeholders, agencies and authorities to ensure that their voices are heard and would not rest on its oar to ensure that the right thing is done.
“We will give room for negotiation but the government should not play on our sense”, the chairman said.
Corroborating, the national president of Ochetoha K’ Idoma, Prof. Yakubu Ochefu, revealed that the Benue socio cultural organisations is currently working on documents with regards to provide roadmap for the establishment of any scheme Benue people.


