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FG extends rice subsidy programme to states

The Federal Government is expanding its subsidised rice programme to alleviate food insecurity in Nigeria, with sales set to launch in Lagos, Kano, and Borno states, a director at the Federal Ministry of Agriculture and Food Security stated on Monday.
Early in September, the Minister of Agriculture and Food Security, Abubakar Kyari, announced the launch of the N40,000 per 50kg subsidised rice in Abuja, stating that the initiative was part of a broader strategy to ensure that no Nigerian goes to bed hungry.
He said the subsidised rice programme aims to provide relief to citizens amid soaring market prices. The current market price of a 50kg bag of rice is about N90,000. It is close to N100,000 in some other locations.
The Federal Government is providing 30,000 metric tonnes of rice through the subsidised rice programme. This translates to approximately 1,000 trucks, each carrying 600 bags.
“As I speak with you now, we are going to activate Lagos and Kano states for the sales any moment from now. Borno State is also going to be addressed,” the agriculture ministry official, who spoke to our correspondent in confidence due to lack of authorisation to speak on the matter, stated on Monday.
Reacting to the recent claim that the rice sales in the Federal Capital Territory had been halted, the official said, “We have not even gone anywhere; how can we stop? The sales are ongoing, and we are actively engaging with other states.”
Another official at the ministry said civil servants in Abuja, particularly around the federal ministries have been benefiting from the sales of the subsidised rice.
The official, however, stated that there had been challenges with coordination and public cooperation at the National Agricultural Insurance Corporation centre where the rice was being sold.
“We opened the NAIC centre to see the cooperation of the public, but they proved very difficult to control,” the official explained.
The source added that individuals blocked entry and refused to follow sales protocols, complicating the process.
“Some persons came to sabotage the process to buy and take to the market, which frustrates the essence of the rice subsidy,” the official added.
Despite these challenges, the official remained optimistic about the programme’s impact, stating, “We are focused on ensuring that low-income earners, who are the direct beneficiaries, can access this vital resource.
“The government is committed to a smooth rollout in the aforementioned states, aiming to activate sales any moment from now.”
The source said the expansion is part of the government’s ongoing efforts to tackle food scarcity and support vulnerable populations nationwide, ensuring that essential staples are accessible and affordable for all Nigerians.
Nigerians have been grappling with increased hunger as food prices have skyrocketed, compounded by the naira’s declining strength, which affects citizens’ purchasing power.
According to the National Bureau of Statistics, the food inflation rate in August 2024 was 37.52 per cent year-on-year, up 8.18 percentage points from August 2023’s rate of 29.34 per cent.
Additionally, FMDQ Securities Exchange Limited reported on September 27, 2024, that the NAFEM closing rate was N1540.78/$, while it sold for over N1700/$ in some black markets in Abuja.
Meanwhile, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, speaking at a press conference in Abuja to mark the country’s 64th Independence Day, declared that the era of heavy food importation must end, positioning this shift as a cornerstone of the government’s economic recovery plan.
“We should not be importing food,” Edun stated, emphasising that Nigeria’s future lies in self-sufficiency. “It is critical that we do not disrupt domestic food production. We mustn’t flood the market with imports,” he warned.
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TETFUND threatens to cut financial support to non-performing institutions

The Tertiary Education Trust Fund (TETFUND) has threatened to cut financial support to beneficiary tertiary institutions that fail to meet performance benchmarks or mismanage allocated funds.
The agency said it would de-list such tertiary institutions from its support programmes.
Executive Secretary of TETFUND, Sonny Echono gave the warning at a one-day strategic engagement with heads of institutions, bursars, and heads of procurement of the agency’s beneficiary institutions in Abuja on Monday.
Echono said the policy was not meant to punish, but rather safeguard the credibility and impact of TETFUND interventions.
He said: “Let me be clear, institutions that consistently fail to access, utilise or retire funds appropriately, or that fall short of enrollment and academic performance thresholds, risk being delisted as TETFUND beneficiary institutions.”
He also disclosed the intention of TETFUND to ensure that its resources were directed towards institutions that were committed to high standards of governance, transparency, and accountability.
Echono said the strategic engagement was targeted at addressing recurring challenges in Nigeria’s tertiary education sector, improving project execution, and enhancing the quality of education.
A key focus, he said, was the Academic Staff Training and Development (AST&D) intervention.
He said due to rising costs and incidents of scholars absconding, the foreign component of the TETFUND Scholarship for Academic Staff (TSAS) was suspended as of January 1, 2025 with emphasis now shifted to cost-effective, locally driven training.
Echono said this year’s intervention budget prioritises consolidation, sustainability, and the completion of abandoned projects.
He added: “This engagement is not merely a meeting but a strategic convergence. It is designed to address recurring issues of concern, streamline project implementation, and enhance the overall quality of tertiary education delivery in our nation.
“As we move forward, let us approach today’s discussions with openness, collaboration, and a shared vision to elevate our institutions and the students we serve.
“Together, we can strengthen accountability, drive innovation, and ensure that the legacy of TETFUND remains impactful, equitable and enduring for generations to come.”
Executive Secretary of the National Universities Commission (NUC), Professor Abdullahi Ribadu emphasised the importance of the meeting for evaluating the implementation and impact of TETFUND – supported projects in higher education institutions.
The NUC chief, who was represented by Dr. Joshua Atah appreciated TETFUND’s vital role in improving infrastructure, research, staff development, and academic quality, stating that without its support, public education would struggle to survive.
Prof. Ribadu acknowledged the adaptability of TETFUND’s policies, such as suspending international scholarships to reallocate resources more effectively.
He urged tertiary institutions to be more responsive and ensure that interventions were relevant and efficiently executed.
Ribadu encouraged judicious and timely use of funds and called for open and constructive dialogue during the engagement.
“This calls for greater responsiveness also on the part of the institutions. This responsiveness also includes the areas of the design and implementation of these interventions to ensure that they remain relevant, impactful, and aligned with the future of education in Nigeria.
“It’s also important that we judiciously utilise these resources, and not just judicious utilisation but also in a timely manner so that we don’t lose the fund,” he said.
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Again, Boko Haram reportedly attack military base in Borno

Suspected Boko Haram terrorists have attacked a Nigerian Army base in Marte , the headquarters of Marte Local Government Area of Borno State with casualties
The terrorists attacked the 153 Task Force Battalion’s Forward Operation Base (FOab) at around 3am on Monday, according to the locals and security sources.
They said the terrorists also burnt armoured tanks and seized arms and ammunition from the base during the attack.
“ISWAP has taken over Marte. An unspecified number of soldiers were killed, some captured, and many others fled towards Dikwa.
“They are currently at the 24 Task Force Brigade in Dikwa,” a source said.
Recent terrorist attacks have targeted several military formations in Borno and Yobe, including Sabon Gari and Buni Yadi, with the latest being the attack on the 153 Task Force Battalion.
Attempts to reach Maj-Gen Markus Kangye, Director of Defence Media Operations, were unsuccessful as he didn’t answer calls or respond to text messages.
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Taraba Woos Global Investors Ahead of Landmark Economic Summit

…Taravest 2025 to Unlock Opportunities in agric, energy, mining
…as state offers peace, resources, incentives
By Gloria Ikibah
The Federal Government and Government of Taraba State have called on the international community and private sector players to partner with Taraba in unlocking the state’s massive investment potentials across agriculture, energy, mining, and tourism.
This call comes ahead of the Taraba International Investment Summit (Taravest), with the theme: “Unlocking Taraba’s Investment Potentials, Advancing Agriculture, Energy, Mining and Industrialization for sustainable development “, scheduled for May 21, 2025, in Jalingo, Taraba state.
Speaking at the diplomatic preparatory briefing in Abuja, the Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, who was represented by Ambassador Anderson Madubike commended the initiative, describing it as a platform that aligns with Nigeria’s economic diplomacy agenda.
“I wish to commend His Excellency and indeed the Government of Taraba State for convening this timely summit, particularly at this time when the whole world is in need of creating a travelling investment climate through co-location. There is therefore the need for partnership between governments, private sector players, and civil societies,” the Minister stated.
He emphasised that Taravest represents “a collective pursuit of development and prosperity, not only for Taraba State, but indeed for the whole world.
“They have enormous resources—we’re talking about gold, we’re talking about uranium, and many others, and of course agriculture, fertile land, which you know, food, is the way to go”, he added.
Ambassador Madubike noted that the theme for the summit, themed “Unlocking Taraba’s Investment Potentials: Advancing Agriculture, Energy, Mining, and Industrialization for Sustainable Growth,” is expected to attract both local and international stakeholders.
“Our presence here signifies a commitment to making Taraba a model of investment and sustainable development,” he said.
In his address, the Executive Governor of Taraba State, Dr. Agbu Kefas, expressed gratitude to the Federal Ministry of Foreign Affairs and extended an open invitation to diplomats and investors.
Dr. Agbu highlighted the significance of the summit as the first of its kind since the state was created in 1991, and laid out three clear objectives.
“It is my great honor to welcome you to the Paivota Preparatory Meeting for the Taraba State International Investment Summit, Taravest 2025, in just nine days to come.
“To orient you to Taraba’s untapped potentials and the structure of the summit; to inspire your confidence in our security, infrastructure, and business environment; and to enlist your support in rallying investors, technical partners, and development agencies”, the governor said.
He emphasised Taraba’s strategic strengths, citing five core advantages, this is as he reassured guests about the state’s security readiness.
“Peace and security, over 44,000 km² of fertile land for agriculture, massive hydropower and solar capacity, rich mineral reserves including gold, barite, and lithium, and growing opportunities in tourism and the digital economy.
“I want to assure you that we have coordinated with the state security services, the Nigerian military, the Nigerian police, and our traditional rulers… to guarantee your safety”, he added.
The summit, he explained, will feature B2B and B2G matchmaking, policy dialogues, PPP frameworks, and guided site visits to model farms and mining zones.
“Taravest 2025 is more than a conference. It is a statement of fact that Taraba is open for transformative partnership. I invite you to leverage your good offices to mobilize your government and business communities,so that together we will convert promise into progress and unlock a future of shared prosperity”, Dr. Agbu added.
He also urged embassies to submit the names of participating investors and delegates by May 16, 2025, to ease logistics.
Taravest 2025, which will hold at the Banquet Hall of the Government House in Jalingo, aims to attract capital, expertise, and innovation to transform Taraba into a thriving investment destination and economic powerhouse.
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