COVER
Reps Panel Warns against Undermining National Intelligence by Poor Funding
By Ubong Ukpong, Abuja
House of Representatives Committee on National Security and Intelligence yesterday warned against undermining the nation’s intelligence by continuing to allocate paltry sums to the sector in the budgets.
The committee therefore asked President Bola Ahmed Tinubu to direct the Minister of Finance to ensure full releases of the 2024 capital allocation to the security and intelligence sector in the overall interest of the nation’s security.
Speaking at the budget defence session of agencies under the office of the National Security Adviser, Chairman of the Committee, Ahmed Satomi (APC, Borno) said it was regrettable that capital allocation to some of the intelligence agencies had not been released, while releases to others have not been encouraging.
Satomi said even though there was an appreciable allocation to the security sector, the intelligence subsector has been grossly underfunded , adding that the committee will look for ways to ensure an increase in the budget to the sector.
Agencies at the budget defence include the Officer of the National Security Adviser, Directorate of State Services, National Intelligence Agency, Presidential Air Fleets, National Centre for the Control of Small Arms and Light Weapons, National Institute for Security Studies (NISS), National Counter Terrorism Centre and the National Cybercrimes Coordination Centre.
Satomi emphasized the importance of collective efforts in ensuring the security and welfare of Nigerian citizens, adding that the committee’s oversight jurisdiction encompasses critical agencies that play vital role in maintaining national security.
According to him, it was the duty of everyone to ensure that they are adequately equipped to discharge their mandates in a responsible and accountable manner.
He recalled that the President presented the 2025 budget of N49.7 trillion to a joint session of the National Assembly with expected revenue of N36.35 trillion and a budget deficit of N13.39 trillion.
While commending the President for allocating about N4.91 trillion to the Defence and Security sector thus underscoring the priority accorded to security in the 2025 Budget, he lamented that the intelligence subsector appears grossly underfunded.
According to him, the intelligence subsector was allocated N595,024,943,368 billion out of which proposed capital expenditure allocation is N274,550,298,453.00, overhead allocation receiving N107,963,187,783 while personnel cost got N212,511,457,132 billion
He said “It is imperative to note that the 2025 Budget is christened the “Budget of Restoration: Securing Peace, Rebuilding Prosperity.” Securing peace presupposes that a lot of engagements with citizens will be undertaken by the government at all levels.
“Deradicalization, disarmament, rehabilitation and reintegration programs etc will have to be carried out as a major non kinetic initiative by the Federal government of Nigeria in collaboration with other tiers of government.
“It is therefore not encouraging to observe that the frontline agencies saddled with statutory responsibilities of countering violent extremism, terrorism, ‘illicit flow of small arms and light weapons, intelligence gathering and analysis, maintenance of national security and ensuring the provision of safe, secure and efficient air transportation for the President, Vice President and other notable government officials are negligibly funded.
“Going by the submissions before the committee, it is heart breaking that an agency like the National Centre for Counter Terrorism has not gotten any capital release for year 2023 and year 2024.
“The National Institute for Security Studies (NISS) and the National Centre for the Control of Small Arms and Light Weapons (NCCSSALW) are yet to receive a single kobo for their Capital projects in 2024. The Capital releases to the DSS and NIA are insufficient to motivate these agencies to work optimality in order to deliver on their critical mandates.
“I am therefore calling on the president of the Federal Republic of Nigeria, President Bola Ahmed Tinubu GCFR to please intervene NOT just for an increase in the allocations to the agencies in the intelligence sector but to also direct the Minister of Finance to as a matter of national security, prioritize the full release of all outstanding 2024 Budget allocations to the intelligence agencies and sustain the practice of prompt releases to them going forward”.
He said the ultimate goal of the National Assembly is to enhance national security and promote the well being of citizens, assuring that the budget allocations will align with our national security objectives.
In his remarks, Permanent Secretary, Special Services in the Office of the National Security Adviser, Mohammed Sanusi Danjuma said the proposed budget is tailored towards addressing the evolving security challenges facing the nation, ensuring the effective coordination of security agencies, seamless intelligence gathering and information sharing, and other specialized services to enhance National Security.
He said the budget will enhance coordination and Collaboration by strengthening partnerships within security agencies to foster a more cohesive and responsive security architecture; enhance infrastructural development by improving existing operational facilities and equipment to support efficient service delivery and ensure capacity building and manpower development by upgrading the skills and expertise of personnel to address emerging security challenges.
He said, “It is worthy to note that the envelop system of budgeting provide a lot of constrain in terms of resources allocation to the community. However, despite this challenge the agencies try to strike a balance between their operational needs and the government’s fiscal constraints”.
He assured that of the commitment of the Intelligence Community to transparency, accountability and effective resource management by ensuring that the budgetary provisions align with the government’s overall security objectives.
By Tony Obiechina, Abuja
The Development Bank of Nigeria Plc (DBN) has launched DAWN: DBN Action for Women in Nigeria, unveiled its Impact Report and presented MSME Data Assets at the seventh edition of Annual Lecture held in Abuja.
DBN, in a statement on Thursday, said while delivering a welcome address, its Managing Director and Chief Executive Officer, Dr Tony Okpanachi, said the central challenge was no longer reforms themselves but ensuring benefits reach businesses at end of the chain.
He asked how to make sure benefits reach traders in Onitsha, fabricator in Aba, farmer in Kebbi and young founder in Yaba, noting that MSMEs accounted for about half of Nigeria’s GDP and more than eight in every ten jobs, adding that when reform works for MSMEs it works for most Nigerians.
He explained that reform becomes prosperity only when entrepreneurs can act on it whether through long tenor loans to buy equipment, banks willing to take risk or skills and records needed to grow.
He said working through Participating Financial Institutions DBN provides longer term funding, partial credit guarantees through subsidiary Impact Credit Guarantee Limited and capacity building including Entrepreneurship Training Programme.
He disclosed that as at December 2025 DBN had disbursed a cumulative N1.4 trillion to MSMEs through 84 Participating Financial Institutions creating about 1.6 million jobs nationwide.
Under the new five year strategy, the Bank aims to reach more than two million MSMEs with deliberate targets for women led businesses, youth led businesses and underserved states.
On DAWN, Okpanachi said finance alone had not enabled enough women-led businesses to scale.
He said initiative brings together financing, guarantees and credit support, technical assistance, outcome linked grants and market linkages delivered through banks, microfinance institutions, fintechs, aggregators, cooperatives and direct channels.
Its priority sectors are agriculture and exports, healthcare, arts and creatives, technology and green business.
He said DAWN is about moving gender focused lending beyond intention and turning access into opportunity.
On the sidelines of the lecture DBN and African Development Bank held a signing ceremony of AfDB DBN 61 million United States dollars Gender Line of Credit development that reinforces Bank commitment to women led enterprises.
Okpanachi urged Participating Financial Institutions to extend lending into sectors and states where access to finance has been limited, policymakers and regulators to measure reform by what changes for business at end of chain and MSMEs to formalise, keep good records and use support now available.
The Vice President as Special Guest of Honour was represented by Dr Fred Iklaga Senior Technical Adviser in the Office of Special Adviser to the President on Economy.
Keynote speakers were Chief Executive Officer of MTN Nigeria, Dr Karl Toriola, and Chairman of Nigeria Sovereign Investment Authority, Dr Segun Ogunsanya.
Fireside chat featured Chief Executive Officer of Sterling Bank Abubakar Suleiman, manufacturing and trade entrepreneur Mrs Omoyemi Chukwurah and by video Kola Masha of Babban Gona.
The Secretary to the Government of Federation, represented by Augusta Warren Bekaredebo, said 2026 tax reforms would bring relief to many small businesses expressing optimism that a lot of businesses will be smiling by next year because they will be exempted from tax.
By Tambaya Julius, Abuja
The Nigeria Labour Congress (NLC) has threatened possible nationwide industrial action following the failure of talks with the Federal Government over workers’ welfare, petrol prices and other outstanding labour demands.
The warning came after a meeting between the government and organised labour at the Ministry of Labour in Abuja on Thursday, October 22, ended without an agreement.
The congress has given the Federal Government until Tuesday, October 27, to make meaningful progress on the issues, warning that its relevant organs would decide the next line of action if the next meeting fails to produce concrete commitments.
The NLC has also directed its affiliates, state councils and civil society allies to begin mobilising members for possible nationwide action.
In a statement issued after the meeting, the NLC Acting General Secretary, Benson Upah, expressed disappointment over what he described as the government delegation’s lack of preparedness for the negotiations.
According to the congress, organised labour presented its demands in good faith but left the meeting without any concrete commitments from the government.
The demands include a reduction in petrol prices to 2024 levels, renegotiation of the national minimum wage, implementation of agreed tax relief measures and resolution of the terms of settlement involving the Joint Health Sector Unions (JOHESU).
The congress also called for the resolution of issues raised by the Joint Public Service Negotiating Council (JPSNC) over peculiar allowances, wage awards and hazard allowances.
The NLC said the government delegation lacked the necessary authority to engage meaningfully on the issues presented by labour representatives.
“The meeting between the Federal Government and organised labour, convened at the Ministry of Labour in Abuja on 22nd October 2026, has ended without resolution,” the statement said.
It added that the Minister of Labour requested that the meeting be adjourned until October 27 to allow the government to prepare adequately for further discussions.
The preparations, according to the statement, would include bringing relevant ministers and heads of departments and agencies to the negotiating table.
The congress said it remained open to dialogue but would not accept continued delays in addressing workers’ concerns.
“We will report back to our organs, and if no meaningful progress is made on Tuesday, the relevant organs of the NLC will decide the next line of action,” it said.
The labour body urged workers and members of the public to remain calm while the negotiations continue, even as it directed its affiliates and allies to prepare for possible industrial action.
“However, we urge all affiliates of NLC and TUC; all state councils and our civil society allies to be alert and start mobilising for a possible action across the nation while we hope that the tenets of our demands are met by the government,” the statement added.
The October 27 meeting is expected to provide another opportunity for both sides to address the outstanding issues and prevent a possible escalation of the dispute.
However, the NLC’s decision to begin mobilisation suggests that tensions could rise if the next round of talks fails to produce meaningful progress.
The Federal Road Safety Corps (FRSC) has barred its personnel from escorting politicians during campaigns for the 2027 general elections.
Zonal Commanding Officer, RS6, ACM Abimbola Owolabi, gave the directive during her maiden visit to the Cross River Command in Calabar on Wednesday.
Owolabi said patrol vehicles and sirens must not be used for political activities or private engagements, including weddings and funeral processions.
She directed officers deployed to campaign venues to focus exclusively on traffic management to prevent congestion and road crashes.
The zonal head warned personnel against leading political convoys or providing escorts for politicians, stressing that official vehicles must not be used for unauthorised purposes.
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