NEWS
Tinubu Urges Return To Livestock Farming, Pledges Govt Support
President Bola Ahmed Tinubu, has described neglecting livestock farming and relying on dairy imports, as avoidable and costly mistakes, which would be corrected with the backing of the Federal Government.
He made the remarks in Abuja while opening a two-day Consultative Workshop on Livestock Reforms on Thursday at the State House Conference Centre.
He pledged a robust framework to stimulate prosperity in the sector, instilling confidence in his commitment.
In addition, he assured of government’s support in revamping and repositioning the sector to create employment and attract Foreign Direct Investment (FDI).
“The livestock sector is critical, and we will give all it needs to bring value to our country. Stakeholders, I assure you that you will not regret the collaboration and investment in this sector.
“It is about time that we do it right. A country of over 200 million people and cannot serve our children one pint of milk in a classroom per day? That is not right.
“We didn’t see the investment opportunities. We didn’t see the economy of livestock in the past. Now that we have seen it, we must work together to restart the sector,’’ he said.
President Tinubu commended the Presidential Livestock Reform Implementation Committee, led by the Co-Chairman, Prof. Attahiru Jega, and the Secretary, Prof Muhammed Yahaya Kuta, for their commitment to repositioning the livestock sector.
“Our shared mission is clear: we aim to transform the livestock sector from its current subsistence model into a thriving, commercialised industry, an industry that significantly contributes to Nigeria’s Gross Domestic Product and provides decent jobs and sustainable livelihoods for our growing population.
“The potential is immense: With 563 million chickens, 58 million cattle, 124 million goats, 60 million sheep, and 16 million pigs, Nigeria is the leading livestock producer in West Africa. Yet, despite this vast resource, we face stark realities.
“Our annual production of animal-source foods, like milk at 0.7 billion litres, meat at 1.48 million Tonnes and eggs at 0.69 million metric Tonnes, falls far short of our needs. Our per capita consumption levels—8.7 litres of milk, 9 kg of meat, 3.5kg or 45 eggs per year—are troublingly low compared to global averages. These are 44 litres of milk, 19 kg of meat and between 160 and 180 eggs per year.
“What is more worrisome to me is the average milk yield by cow breeds managed by our pastoralists: it is a mere 0.5 to 1.5 litres per day, compared to a global average of 6.6 litres per day. We can do much better!
“The long-term neglect of the livestock sector has weighed heavily on the country’s import bills, with milk and dairy products accounting for $1.2-1.5 billion.
“Yes, we can do it. We can bring prosperity to our people. We can feed our children. From grass, we can achieve grace. We can contribute so much to the Gross Domestic Product (GDP) and provide decent jobs,’’ the President noted.
President Tinubu also thanked the Nigerian Governors Forum, NGF, chaired by the Governor of Kwara State, Abdurrahman Abdulrazaq, for supporting the reform of animal farming in the country.
“Your Excellency, Chairman of the NGF, Abdulrazaq, thank you for assuring C-of-Os and other instruments from other areas. I also know that the Etsu Nupe, Alhaji Yahaya Abubakar, with the vast land in his domain in Niger State, will accommodate many investors.
“We didn’t see the cold room investment. We didn’t see that opportunity before now. But it is coming. We are going to give it all it takes.
“The opportunity is there; when I inaugurated the Presidential Livestock Reform Committee, I didn’t see the path clearly until they started working. Thank you, Prof Attahiru Jega,’’ the President stated.
President Tinubu also acknowledged Abdullahi Ganduje, Chairman of the All Progressives Congress (APC), for nurturing the idea of reforming the livestock stock, Nuhu Ribadu, national security Adviser, and Nyesom Wike, FCT minister, for their commitment to realising the dream.
“We can create a vivid picture of the future we want to see; it’s the future of our country. The economic opportunities for our children, and with that effort, we can say God bless Nigeria,’’ he stated.
The Chairman of NGF, Abdulrahman Abdulrazak, assured of the “100 per cent buy-in of the subnational to make the reform a success because it is not just food security, but national security.’’
Abdulrazaq thanked President Tinubu for leading the initiative by chairing the implementation committee, regretting that past efforts in the same direction were reduced to files in the Ministries of Agriculture in states and local councils due to lack of political will.
He said each state should create a segment for livestock farming and extend the value chain to meat and dairy production.
The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, thanked the President for his “bold action, exemplary leadership and unparalleled commitment to livestock reform.’’
Kyari assured of working with the Ministry of Livestock Development to realise the president’s vision to diversify the economy and empower more Nigerians.
NEWS
Ibadan Funfair Tragedy: Former Ooni’s Wife, Others Remanded Over Stampede
A Chief Magistrate’s Court in Iyaganku, Ibadan, has ordered the remand of Naomi Silekunola, the former wife of the Ooni of Ife, along with Oriyomi Hamzat, the CEO of Agidigbo FM, and Abdullahi Fasasi, the Principal of Islamic High School, at the Agodi Correctional Centre.
The trio was arraigned on Tuesday in connection with the recent tragic stampede that occurred during a Christmas funfair at Islamic High School, Bashorun, Ibadan.
The incident, which claimed the lives of 35 children and injured six others, has drawn widespread public and legal attention.
Presiding over the case, Chief Magistrate Olabisi Ogunkanmi issued the remand order following charges brought against the defendants. The police prosecutor stated that their alleged offences contravened Section 324 of the Criminal Code, Cap. 38, Vol. II, Laws of Oyo State, 2000.
READ MORE: States Tighten Measures To Prevent Stampedes At Events
The prosecution accused the defendants of being involved in the organization of the event, which turned disastrous, leading to the stampede. Pending legal advice from the Oyo State Director of Public Prosecutions, the court directed their detention at the correctional facility.
The court session, held amidst heavy security, attracted significant public interest. Law enforcement officers were seen providing tight security as the suspects were escorted to and from the courtroom.
Further updates on the legal proceedings are expected as investigations continue.
NEWS
Labour Kicks Against N935/Litre Petrol, Wants More
A cry has gone out for further reduction of the pump prices of premium motor spirit (PMS) in Nigeria to reflect local domestic production of refined products.
The Nigeria Labour Congress (NLC)has urged further reduction in the pump price of Premium Motor Spirit (PMS) otherwise known as petrol, insisting that the recent drop in price to N935/litre was begging the situation.
Recall that the Dangote Petroleum Refinery in partnership with MRS recently announced a reduction in petrol price to N935/litre.
Before the announcement, the commodity sold for over N1,030/litre in Lagos and environs, while it cost more than N1,060/litre in Abuja and Northern states.
ALSO READ: CSOs Urge Further Reduction Of Pump Prices Of Petrol
In a swift reaction, on Sunday, the Independent Petroleum Marketers Association of Nigeria (IPMAN) said its members would be selling petrol at N935/litre from Monday based on the latest arrangement with the Dangote Petroleum Refinery.
IPMAN’s National President, Maigandi Garima,, according The Punch, said the reduction in Dangote refinery’s ex-depot price for petrol and the uniform arrangement being put in place, would enable marketers to sell at N935 in their outlets nationwide.
They had set aside N36/litre as cost of logistics.
However, the announcement did not excite the NLC, which insisted on Monday that the cost of petrol should drop further.
A senior official of the NLC, Chris Onyeka, unequivocally rejected any commendation for the Federal Government and the Nigerian National Petroleum Company Limited (NNPC Ltd) over the recent reduction in the pump price of petrol.
He argued that the current pricing mechanism does not reflect the true cost of the commodity, according to The Punch.
“Do you want us to clap for them? How can we be okay with a price of N935/litre of PMS? This is not the right price for PMS. You cannot base the price on imported products when we have refining capacity in Nigeria,” he said.
He argued that the costs embedded in the current pricing framework — including foreign labour, freight charges, insurance, logistics, and profits accrued abroad — unfairly burden Nigerians.
“Products are refined in Nigeria, yet the price you give Nigerians is based on imported products. Why should we applaud that? It is akin to someone stealing your money and returning only part of it, then expecting you to clap. We cannot applaud this,” he stated.
Onyeka stressed that the only way to ascertain the correct price of PMS is by determining the actual cost of refining it domestically.
“We need to know how much it costs the NNPC to refine a litre of PMS in our local refineries, such as the Port Harcourt refinery. That is the price Nigerians should be paying,” he emphasised.
He called on the government to prioritise the welfare of Nigerians by ensuring that fuel pricing aligns with local realities.
“This country belongs to all Nigerians. Let the government do the right thing that allows Nigerians to breathe. Let the poor breathe.
“The NLC’s position underscores growing discontent among Nigerians over the rising cost of living, with fuel prices being a major contributor to inflation and economic hardship,” he stated.
NEWS
No Regrets On Subsidy Removal, Tax Reforms To Continue – Tinubu
President Bola Tinubu, during his first Presidential Media Chat aired on the Nigerian Television Authority on Monday, reaffirmed his administration’s commitment to the ongoing tax reforms and subsidy removal, maintaining that the measures are essential to securing Nigeria’s economic future.
The tax reforms, designed to eliminate colonial-era practices and widen the tax net, have faced significant resistance from some quarters, particularly from northern lawmakers and governors. Despite this, Tinubu declared, “Tax reform is here to stay. We cannot just continue to do what we were doing yesteryears in today’s economy.”
The reforms, encapsulated in four bills transmitted to the National Assembly, aim to streamline taxation and revenue generation.
However, critics, including Borno State Governor, Babagana Zulum, have argued for caution. “The Petroleum Industry Bill took almost 20 years before it was finally passed. This tax reform bill is being transmitted and receiving legislative attention within a week. It should be treated carefully and with caution,” Zulum said in an interview with BBC.
Despite calls for broader consultations and delays, Tinubu emphasized the pro-poor nature of the reforms, noting that the vulnerable would not be taxed. “The essence of the tax reform is to eliminate colonial-based assumptions in our tax environment,” he stated.
READ MORE: President Tinubu Set For First Nationwide Media Chat Tonight
No Regrets Over Subsidy Removal
Addressing the economic hardship resulting from the removal of the petrol subsidy, Tinubu defended his decision as necessary to prevent Nigeria from “spending its future.” He dismissed the notion of a phased removal, stating, “Phased removal is part of unnecessary fear. No matter how you cut it, you still have to meet the bills.”
The President highlighted the benefits of subsidy removal, pointing out that the policy had curtailed smuggling and freed up resources for more productive uses. “There is no way that you give out fuel and allow all the neighbouring countries as Father Christmas. I don’t have any regret whatsoever in removing the subsidy,” he said.
Tackling Inflation and Corruption
Tinubu also discussed his administration’s strategies to reduce inflation, emphasizing local production and import reduction. “If one produces more for consumption locally, stop imports, give a reasonable level of funding and assistance… we have what it takes,” he explained.
On corruption, the President cited increased earnings for workers and stricter oversight by anti-corruption agencies as key measures. He pointed to the recent seizure of hundreds of properties reportedly owned by a former Central Bank Governor as evidence of his administration’s efforts. “Part of the anti-corruption is removal of subsidy. It is very difficult to eliminate but you reduce it to the barest minimum,” Tinubu stated.
Food Stampedes and Governance
The President expressed condolences over recent tragic stampedes during food distribution events, attributing the incidents to poor organization by event planners. “If you don’t have enough to give, don’t attempt to give or publicize it,” he warned.
Tinubu concluded by reaffirming his commitment to efficient governance and economic reforms, stating, “The hallmark of a good leader is the ability to do what you have to do at the time it has to be done.”
The reforms continue to spark nationwide debates, with stakeholders divided over their potential long-term impacts.