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Tinubu Exhausted N9.74bn Supplying Rice, Beans Palliatives To Nigerians In 2024 – Report
By Kayode Sanni-Arewa
The President Bola Tinubu-led Nigerian government reportedly spent a total of N9.74billion for the procurement and distribution of food items as part of its efforts to mitigate the nationwide food crisis in 2024.
This was revealed by BudgIT on its platform, GovSpend, a civic-tech organisation advocating for transparency and accountability.
According to the report, a large portion of the funds was dedicated to supplying essential food staples such as rice, beans, maize, and other commodities.
The report showed that the Federal Ministry of Agriculture and Food Security led the initiatives, making multiple payments to contractors responsible for the emergency supply of palliative foodstuffs to various federal constituencies.
Key transactions included payments for the delivery of rice, beans, and garri to help alleviate hunger in vulnerable communities.
Payments, averaging around N85.45 million per constituency, were made between February and November 2024 across different regions.
Data from the platform reportedly indicate that N85,454,545.46 was spent on each constituency in states including Kano, Ogun, Osun, Akwa Ibom, Cross River, Adamawa, Kaduna, Jigawa, Ekiti, Oyo, Lagos, Bauchi, Rivers, Borno, Sokoto, and Enugu, bringing the total expenditure to N9.74 billion.
However, despite the significant financial outlay, there are concerns about the programme’s effectiveness in addressing the root causes of food insecurity.
Shedrach Israel, an economist at Lotus Beta Analytics, argued that food palliatives alone cannot solve Nigeria’s food crisis, according to PUNCH.
“While food palliatives are essential for addressing immediate hunger, they fail to address the underlying systemic issues, such as inflation and the deficiencies in the agricultural sector,” Israel said.
Israel added, “We need long-term economic policies focused on boosting local agricultural productivity and improving distribution networks to reduce dependence on external food aid.”
Israel further said that the N9.74 billion spent on palliatives could have been better invested in agricultural innovation and infrastructure development, which would provide sustainable solutions to food insecurity.
Also, La’ah Dauda, an agricultural economist based in Kaduna, emphasised the need for a more comprehensive approach to addressing the food crisis.
“The government’s reliance on palliatives is a short-term fix to a deeper agricultural crisis. While necessary, these measures do not tackle critical issues like inadequate irrigation, poor storage facilities, and limited market access, all of which continue to impede agricultural productivity across the country,” he said.
News
Angry El-Rufai Protests Move To Shield Witnesses In NSA Phone-Tapping Case
The former Governor of Kaduna State, Mallam Nasir El-Rufai was on Thursday arraigned before the Federal High Court in Abuja by the Department of State Services (DSS) over allegations bordering on unlawful interception of communications and threats to national security.
El-Rufai, who appeared before Justice Joyce Abdulmalik, denied all five counts contained in the amended charge filed against him by the prosecution. The case was brought by counsel to the DSS, Oluwole Aladedoye (SAN), who informed the court that the earlier three-count charge had been replaced with an expanded five-count amended charge dated April 13.
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According to the prosecution, the amended charges include allegations that the former governor unlawfully intercepted communications linked to the National Security Adviser, Nuhu Ribadu, without proper authorisation. He was also accused of engaging in activities involving technical systems that allegedly posed risks to public safety and national security.
El-Rufai, however, maintained his not-guilty plea when the charges were read in court.
At the proceedings, his counsel, Oluwole Iyamu (SAN), confirmed receipt of the amended charge and did not oppose its substitution for the earlier filing. The court subsequently struck out the initial three-count charge and proceeded with the new counts.
A key point of contention arose when the prosecution requested that the identities of two witnesses be protected through the use of pseudonyms, citing security concerns. The defence strongly objected, arguing that such a move would undermine the defendant’s constitutional right to fair hearing and to know his accusers.
The defence also challenged the prosecution’s request for consecutive hearing dates, stating that it could limit adequate access to legal representation, especially given El-Rufai’s ongoing custody under the Independent Corrupt Practices and Other Related Offences Commission.
Additionally, the defence informed the court of a pending bail application, noting that an earlier missing affidavit had been recovered and submitted. While the prosecution did not oppose the bail request, it urged the court to dismiss a separate application filed by the defence seeking to quash the amended charge, describing it as lacking merit.
The defence further asked the court to compel the prosecution to disclose its proof of evidence to enable proper preparation for trial, but the request was also opposed.
After listening to submissions from both sides, Justice Abdulmalik adjourned the matter to May 18, 19, and 20 for hearing.
News
Tinubu wants Senate’s approval of $516m fresh loan for Sokoto–Badagry Highway
President Bola Tinubu has formally written to the Senate, seeking approval for a $516.3 million foreign syndicated loan to support the construction of the Sokoto–Badagry highway.
In a communication read by the President of the Senate, Godswill Akpabio, on Thursday, President Tinubu requested a resolution in line with Sections 16 and 21 of the Debt Management Office (Establishment) Act, 2011, to enable the Federal Government to secure the financing for Sections 1, Phase 1A, and 1B of the project. The loan facility is to be arranged through Deutsche Bank AG.
President Tinubu explained that the superhighway project is a flagship initiative under his administration’s Renewed Hope Agenda, designed to enhance national connectivity, reduce travel time, and improve the movement of goods across key economic corridors.
The proposed 1,000-kilometre road will link Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos states, connecting Illela to Badagry.
He noted that the financing arrangement will be backed by a partial risk guarantee from the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), while the Federal Government will provide counterpart funding of over 265 billion naira for land acquisition, compensation, and related infrastructure.
According to the president, the loan is structured for nine years, including a three-year grace period, with an interest rate pegged at the Chicago Mercantile Exchange SOFR plus 5.3 per cent per annum. The Federal Executive Council has already approved the financing plan.
Following the presentation of the request at plenary, Akpabio referred the matter to the Senate Committee on Local and Foreign Debts, directing it to report back within one week.
Endorsing the move, the Senate President said that it is better to borrow for projects to improve road safety and foster national integration.
News
FCT Teachers Strike: NUT Hails Wike Over Intervention In Education Sector(Video)
Chairman of the Nigerian Union of Teachers (NUT), FCT chapter, Comrade Abdullahi Shafa, speaking after the meeting of the union leaders with the FCT Minister, Nyesom Wike, today.
He hailed the FCT minister for his quick intervention.
Watch:
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