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Hardship: There’s no option, Tinubu and I empathise with Nigerians – Shettima

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Vice President Kassim Shettima, speaking at the Nigeria Economic Summit in Abuja, expressed deep empathy on behalf of himself and President Bola Tinubu for the hardships Nigerians are facing due to the government’s economic reforms.

Despite the challenges, Shettima stated that the reforms are crucial to achieving sustainable growth.

“Our hearts go out to Nigerians, especially the poor and young, enduring difficult times,” Shettima said. “But we have no option if we must return Nigeria to the path of sustainable economic growth.”

He emphasised that Nigeria’s economy has been volatile, over-reliant on oil, and unable to create enough jobs for the country’s rapidly growing population. To address this, Shettima outlined the government’s focus on diversifying the economy through sectors such as agriculture, manufacturing, and the digital economy.

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He also highlighted the government’s efforts to support small and medium-sized businesses, improve infrastructure, and remove regulatory bottlenecks. Shettima noted that the administration has introduced single-digit interest loans for manufacturers and a new credit corporation to offer consumer loans to workers.

On security, the Vice President stressed the government’s commitment to combating terrorism and banditry, while also implementing fiscal reforms like subsidy removal and debt management to stabilize the economy.

Shettima urged collaboration between the public and private sectors to overcome Nigeria’s economic challenges, adding that the Nigeria Economic Summit serves as a platform to foster dialogue and drive actionable recommendations for growth and stability.

“The challenges are significant, but they are manageable,”

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Shettima concluded. “With the right policies, partnerships, and cohesion, Nigeria can emerge stronger, more competitive, and resilient.”

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2025 Capital Budget Gets New Lease of Life as Reps Push Deadline to September

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By Gloria Ikibah

The House of Representatives has approved a three-month extension of the implementation period for the capital component of the 2025 Appropriation Act, shifting the deadline from June 30 to September 30, 2026.

The decision was taken during an emergency sitting held on Monday, as lawmakers moved swiftly to ensure the continued execution of capital projects captured in the national budget.

The legislation, which seeks to amend the Appropriation (Repeal and Enactment) Act, 2025, was designed to provide additional time for Ministries, Departments and Agencies to complete ongoing projects and fully utilise funds earmarked for capital expenditure.

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In an unusually rapid legislative process, the bill passed through its first, second and third readings during the same plenary session after members suspended the relevant provisions of the House Standing Orders to facilitate its consideration.

Leading debate on the general principle of the bill, House Leader, Rep. Julius Ihonvbere, said the extension was necessary as several capital projects captured in the 2025 budget had not been fully implemented.

He emphasised that the amendment was not intended to alter any provision of the budget but merely to extend its lifespan by three months to allow ongoing projects to be completed.

He said: “It is very straightforward. Because some aspects of the capital appropriation will not be fully implemented, if we do not extend the life of this particular law, it will have a very grave impact on the growth and development of the national economy.

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“The purpose essentially is to extend the lifespan. We are not touching any part of the law. It is simply extending the lifespan from June 30, 2026 to September 30, 2026. I urge my colleagues to approve this so that we can continue with the work of developing and growing our economy and country”.

Presiding over the session, Speaker of the House, Rep. Abbas Tajudeen, acknowledged that the records provided by the Chairman House Committee on Appropriations and other relevant agencies revealed that implementation of the capital budget was yet to be completed.

“As you are aware, the 2025 budget was extended to June 30. From the records we received from the Chairman, Appropriations, and other relevant quarters, it is yet to be fully implemented. It is therefore in the best interest of this country and the National Assembly for us to extend the budget to September 30 to enable the Federal Government fulfil its obligations under the 2025 budget,” the Speaker said.

Following the adoption of the bill at second reading, the House dissolved into the Committee of Supply where it had the clause by clause consideration of the bill, and approved the three clauses, explanatory memorandum and long title of the bill.

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The committee subsequently reported back to plenary, where lawmakers adopted its recommendations and suspended House rules to allow the bill to be read a third time and passed the same day.

The accelerated passage reflects growing concern over the pace of implementation of key infrastructure and development projects, many of which require additional time to reach completion.

With the approval, government agencies now have until the end of September to execute projects funded under the capital component of the 2025 budget, a move expected to prevent disruptions to ongoing works and improve budget performance.

The extension is also aimed at ensuring that resources already allocated for development projects are effectively utilised before the capital budget expires.

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With the passage of the amendment, federal ministries, departments and agencies now have an additional three months to implement capital projects and utilize funds appropriated under the 2025 budget.

Meanwhile, the House also announced changes in the leadership of some standing committees.

The appointments are as follows:
• Rep. Ali Madaki – Chairman House Committee on Special Duties
• Rep. Ali Isa J.C. –  Chairman House Committee on Shipping Services,
• Rep. Pascal Agbodike – Chairman House Committee on Small and Medium Enterprises Development Agency of Nigeria (SMEDAN),
• Rep. Kelechi Nwogu –  Chairman House Committee on Hydrological Services

The Speaker urged the newly appointed committee chairmen to assume their responsibilities immediately and bring their legislative experience to bear in advancing the work of the House.

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Day 4 of projects commissioning as President TInubu set to commission newly constructed Court of Appeal Building

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President Tinubu will commission the newly constructed Court of Appeal (Abuja Division) Building today, 15/6/26 as FCT projects commissioning enters Day 4.

#FCTProjects2026
#RenewedHopeFCT

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Cholera Outbreak: Plateau Records 5 Deaths, 11 Confirmed Cases

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Plateau State commissioner for Health, Dr Nicholas Baamlong, has revealed that the state recorded 11 confirmed cases of cholera, five deaths and 53 suspected cases.

Baamlong, who disclosed this to journalists yesterday in Jos, said the confirmed and suspected cases were reported in Pushit, Mangu 1 and Mangu 2 communities in Mangu local government area (LGA).

According to him, the state Ministry of Health is intensifying public health interventions to contain the outbreak, prevent further spread and reduce its impact on affected communities.

He explained that the state had taken decisive actions to control the outbreak and protect its citizens via the deployment of additional Response Teams (RRTs) to the affected wards, scaling up of treatment centres and isolation capacity and the emergency procurement of Rapid Diagnostic Tests Kits, intravenous fluids and essential drugs.

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The Commissioner further said that the ministry had activated an Incident Management System (IMS), for a comprehensive and multi sectorial response to the outbreak.

“The activation of the IMS ensures a coordinated, efficient, and accountable response structure in line with national and international emergency response frameworks,” he said.

Baamlong explained that cholera was an acute diarrhoeal disease caused by consuming food or water contaminated with the bacterium Vibrio cholerae.

He urged residents of Mangu LGA and neighbouring communities to remain vigilant and take preventive measures, including drinking safe water, maintaining proper hand hygiene, avoiding open defecation, and ensuring proper waste disposal.

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He also advised residents to promply report suspected cases of cholera to the nearest healthcare facility for immediate attention.

While reaffirming the state government’s commitment to safeguarding the health and well-being of residents, Baamlong called on development partners and other stakeholders to support ongoing response efforts.(NAN)

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