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FG rolls out new plans to tackle food shortage

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The Federal Government has unveiled new agricultural reforms aimed at ending hunger, boosting food production, and reducing post-harvest losses estimated at over $10bn annually, in line with President Bola Tinubu’s Renewed Hope Agenda for food security and national prosperity.

The Minister of Agriculture and Food Security, Senator Abubakar Kyari, and the Minister of State, Senator Sabi Abdullahi, announced this through a signed statement on Thursday.

Kyari said agriculture remained the backbone of Nigeria’s economy and the key to national renewal. “Agriculture remains the single largest employer of labour in Nigeria and contributes more than one-quarter of our Gross Domestic Product. Yet beyond these figures lies a deeper truth: agriculture is the measure of our nation’s resilience and the foundation of our collective renewal,” he said.

He explained that the government’s ongoing reforms were designed to “end hunger, ensure food sufficiency and drastically reduce post-harvest losses draining the nation’s agricultural value chain.”

“Together, these tiers will form a connected post-harvest system aimed at cutting losses valued at over $10bn annually, while improving food quality, farmer incomes, and price stability nationwide,” Kyari added.

The minister further stated, “As we deepen mechanisation, expand irrigation, and strengthen our storage systems, we are laying the foundation to end hunger and make food abundance a reality for every Nigerian household.”

He reaffirmed President Tinubu’s directive to modernise Nigeria’s agricultural production. “Mr President’s charge remains clear: ‘Our farmers must transition from hoes and cutlasses to tractors and harvesters. Food sufficiency is the first currency of national stability,” he said.

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Kyari disclosed that the government was already implementing key policies and programmes to support this transition, including the National Agricultural Growth Scheme–Agro-Pocket, the Renewed Hope Agricultural Mechanisation Programme, and the Nigeria Postharvest Systems Transformation Programme.

“Just last month, in October, a new milestone was achieved with the introduction of rainfed wheat cultivation in Kuru, Plateau State, an innovation by the Lake Chad Research Institute that extends wheat farming beyond irrigated zones,” Kyari said.

“With rainfed varieties now proven viable across the highlands of Plateau, Taraba, and Cross River states, Nigeria is charting a new course toward all-year farming and self-sufficiency in wheat production.”

On post-harvest management, the minister described the NiPHaST programme as a legacy project designed to reduce food losses, improve quality, and stabilise prices.

“NiPHaST is designed to strengthen post-harvest handling and storage systems from the community level upwards, creating an integrated network that connects farmers, cooperatives, and strategic reserves across the country,” he said.

He also announced that operations at the National Strategic Grain Reserve Silos in Zamfara, Katsina, Nasarawa, Adamawa, Niger, Osun, Edo, and Kwara states were being enhanced to support emergency interventions and price stabilisation.

On financing reforms, Kyari said President Tinubu had approved the recapitalisation of the Bank of Agriculture with N1.5tn, alongside a N250bn financing window for smallholder farmers.

“The Bank of Agriculture, in partnership with Heifer Nigeria, has launched the Renewed Hope National Agricultural Mechanisation Programme, a transformative tractor financing and management initiative designed to expand affordable access to mechanisation services nationwide,” he said.

“Through this programme, mechanisation will become a national service that modernises production, raises yields, and creates sustainable rural employment,” Kyari stated.

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He confirmed that the National Agricultural Development Fund was now fully operational as a vehicle to expand agribusiness financing, complementing the role of the Bank of Agriculture.

Kyari added that the administration was investing in rural infrastructure such as feeder roads, mini-dams, solar-powered boreholes, and market access facilities to strengthen rural livelihoods.

Abdullahi, also speaking, said the government’s drive toward food self-sufficiency would be anchored on climate-smart and inclusive agricultural reforms.

“Today, we are all gathered here to propose actions that will strengthen our national solidarity in the fight to end hunger, malnutrition, and poverty, and to highlight the need for food security and nutritious diets, which is in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda,” he said.

Abdullahi added that achieving food self-sufficiency would require optimising the production of major crops such as maize, wheat, sorghum, millet, soybean, cassava, yam, and cowpeas.

“For us to reach food self-sufficiency or improve our current food self-sufficiency levels, we need to attain all potential crop production levels for our major food security crops,” he said.

He noted that the Federal Government was prioritising climate-smart agriculture through “the development of new climate-resilient crops that are tolerant and adapted to biotic and abiotic stresses” and “the development of integrated soil-crop system management and integrated disease and pest management with existing crop varieties.”

Abdullahi also listed other key initiatives, including the Dry Season Initiative for 500,000 hectares of all-year farming, the Every Home a Garden Initiative by the First Lady, Senator Oluremi Tinubu, and the Nigerian Farmers’ Soil Health Scheme, which offers crop and location-specific fertiliser recommendations.

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“Our broader goals are targeted at reducing import dependence, strengthening market confidence, and reviving agribusiness to position Nigeria as a leading food supplier in West Africa,” he said.

Recall that the Federal Government has made several efforts to end hunger through targeted agricultural reforms by converting idle institutional lands into food production hubs and declaring a state of emergency on food security.

Mechanisation and irrigation projects are also being expanded nationwide to boost productivity.

For decades, agriculture has remained the backbone of the economy, employing millions and sustaining rural communities. Yet, persistent challenges such as low mechanisation, poor infrastructure, and post-harvest losses have prevented the country from realising its full potential.

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EFCC Begins Probe Of Ex-NMDPRA Boss After Dangote’s Petition

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The Economic and Financial Crimes Commission (EFCC) has commenced an investigation into a petition filed against the former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, by the President of Dangote Group, Aliko Dangote.

It was gathered that Dangote formally submitted the petition to the EFCC earlier this week through his legal representative, following the withdrawal of a similar petition from the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

Dangote had initially approached the ICPC, asking it to investigate Ahmed over allegations that he spent about $5 million on his children’s secondary education in Switzerland, an expense allegedly inconsistent with his known earnings as a public officer.

Although the petition was later withdrawn, the ICPC had said it would continue with its investigation.

Confirming the new development, a senior EFCC officer at the commission’s headquarters in Abuja, who spoke on condition of anonymity because he was not authorised to speak publicly, said the petition had been received and investigations had commenced.

“They have brought the petition to us, and an investigation has commenced on it. Serious work is being done concerning it,” the source said.

In the petition signed by Dangote’s lead counsel, Dr O.J. Onoja (SAN), the businessman urged the EFCC to investigate allegations of abuse of office and corrupt enrichment against Ahmed and to prosecute him if found culpable.

The petition further stated that Dangote was ready to provide documentary and other evidence to support claims of financial misconduct and impunity against the former regulator.

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“We make bold to state that the commission is strategically positioned, along with sister agencies, to prosecute financial crimes and corruption-related offences, and upon establishing a prima facie case, the courts do not hesitate to punish offenders,” the petition read, citing recent court decisions.

Onoja also called on the EFCC, under the leadership of its chairman, Olanipekun Olukoyede, to thoroughly investigate the allegations and take appropriate legal action where necessary.

When contacted, the EFCC spokesperson, Dele Oyewale, declined to comment on the matter but promised to respond later. No official reaction had been received as of the time of filing this report.

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IMPORTANT NOTICE REGARDING MONEY TRANSFERS IN NIGERIA (2026)

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Starting from *January 2026*, please ensure that *any money you send* to anyone — including me — comes with a *clear description* or *payment remark*. This is *very important* for tax purposes.

Use descriptions like:

– *Gift*
– *Loan*
– *Loan Repayment*
– *House Rent*
– *School Fees*
– *Feeding*
– *Medical*
– *Support*,
– School fee etc.

*Why this matters:*

In 2026, any money entering your account *without a description* may be treated as *income*, and *IRS (or relevant tax authority)* could tax it — or even worse, ask you to explain the source.

The *first ₦800,000* may be *tax-free*, but after that, any unexplained funds might attract up to *20% tax*, or in extreme cases, lead to legal issues.

So please:

– *Always include a payment remark.*
– *Avoid using USSD or apps that don’t allow descriptions.*
– *Ask the receiver for the correct description BEFORE sending.*

As for me, *do not send me any money* without discussing it with me first.
And no, I don’t want to hear “Sir/Ma, I used USSD” – if you can’t add a description, *hold your money*.

From now on, *I will tell you exactly what to write in the payment remark.*
Let’s all form the habit of *adding payment descriptions now* to avoid problems later.

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FG earmarks N1.7tn in 2026 budget for unpaid contractors

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The Federal Government has budgeted the sum of N1.7tn in the 2026 Appropriation Bill to settle outstanding debts owed to contractors for capital projects executed in 2024.

A breakdown of the proposed 2026 national budget shows that the amount is captured under the line item titled “Provision for 2024 Outstanding Contractor’s Liabilities,” signalling official recognition of delayed payments to contractors amid recent protests over delayed settlements.

This budgetary provision follows mounting pressure from indigenous contractors and civil society groups who, in 2025, raised alarm over unpaid contractual obligations allegedly exceeding N2tn.

Some groups under the All Indigenous Contractors Association of Nigeria had also staged demonstrations in Abuja, lamenting the severe impact of delayed payments on their operations, with many contractors reportedly unable to service bank loans taken to execute government projects.

Earlier, Minister of Works David Umahi had promised to clear verified arrears owed to federal contractors before the end of 2025. However, only partial payments were made amid revenue constraints, prompting the inclusion of the N1.7tn line item in the 2026 budget as a catch-up mechanism.

In addition to the N1.7tn for 2024 liabilities, the government has also budgeted N100bn for a separate line item labelled “Payment of Local Contractors’ Debts/Other Liabilities”, which may cover legacy debts from previous years, smaller contract claims, or unsettled financial commitments that were not fully verified in the current audit cycle.

The total N1.8tn allocation is part of the broader N23.2tn capital expenditure in the 2026 fiscal plan, which seeks to ramp up infrastructure delivery while cleaning up past obligations.

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Nigeria’s contractor debt backlog has been a recurring fiscal issue, worsened by delayed capital releases, partial cash-backing of budgeted projects, and underperformance in revenue targets.

Speaking with journalists at the entrance of the Federal Ministry of Finance in December 2025, the National Secretary of the All Indigenous Contractors Association of Nigeria, Babatunde Seun-Oyeniyi, said the government’s failure to release funds after multiple assurances had forced contractors to resume protests. He said members of the association were owed more than N500bn for projects already completed and commissioned.

He explained that despite recent assurances from the Minister of Finance, Wale Edun, no payment had been made. “After the National Assembly intervened, they told us that they will sit the minister down over this matter.  And we immediately stopped the protest,” he said.

According to him, repeated follow-up meetings with the minister had produced no tangible progress. “They have not responded to our request,” he said. “In fact, more than six times we have come here. Last week, we were here throughout the night before the Minister of Finance came.”

Oyeniyi said that although some payment warrants had been sighted, no funds had been released. “Specifically, when we collate, they are owing more than N500bn for all indigenous contractors. We only see warrants; there is no cash back.”

He accused officials of attempting to push the payments into the next fiscal year. “The problem is that they want to put us into a backlog. They want to shift us to 2026; that 2026, they are going to pay,” he alleged. “They will turn us into debt, and we don’t want that. We won’t leave here until we are paid.”

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However, The PUNCH observed that earlier in August 2025, the Federal Government claimed that it had cleared over N2tn in outstanding capital budget obligations from the 2024 fiscal year, with a pledge to prioritise the timely release of 2025 capital funds.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this at a ministerial press briefing in Abuja, where he also declared that Nigeria is “open for business” to global investors on the back of improved economic stability.

“In the last quarter, we did pay contractors over N2tn to settle outstanding capital budget obligations. That is from last year,” Edun said. “At the moment, we have no pending obligations that are not being processed and financed. And the focus will now shift to 2025 capital releases.”

By December 2025, The PUNCH reported that President Bola Tinubu expressed “grave displeasure” over the backlog of unpaid federal contractors and set up a high-level committee to resolve the bottlenecks and fund repayments.

Briefing State House correspondents after the Federal Executive Council meeting in Abuja, Special Adviser on Information and Strategy, Bayo Onanuga, said the President was “upset” after learning that about 2,000 contractors are owed. “He made it very, very clear he is not happy and wants a one-stop solution,” Onanuga told journalists.

Tinubu directed the setting up of a committee to verify all claims from federal contractors. The new budget’s provisions are expected to draw from the outcome of that verification exercise and may be disbursed in tranches based on confirmed and certified claims.

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The total proposed 2026 national budget stands at N58.47tn, with N23.2tn earmarked for capital expenditure, N15.9tn for debt servicing, N15.25tn for recurrent spending, and N4.09tn for statutory transfers.

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