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Nigeria’s economy is recovering fast – Udoma

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By Joseph INOKOTONG
 
The Minister of Budget and National Planning, Senator Udoma Udo Udoma has said that the country’s economic situation is changing for the better as the macroeconomic environment is being stabilized and inflation rate trending downwards in the last two months.
 
According to him, government interventions, particularly in fixing the broken infrastructure, is making impact and there are positive signs that the economy is working its way out of recession this year unto a path of sustained inclusive growth and development.
 
The Minister, who was speaking on Tuesday at the Town Hall Meeting in Abuja organized to brief Nigerians on the achievements of the Buhari Administration in the last two years, pointed out that government is making progress in changing the economy and also changing the people’s attitudes.
 
He was optimistic that the economy will receive further boost as government rolls out the full implementation of the Economic Recovery and growth Plan (ERGP).
 
Apart from the policies and plans guiding the country’s economic trajectory, the Minister indicated that several infrastructural projects are on-going across the country and some are nearing completion; Government is drastically cutting costs and improving efficiency of service delivery; and the country is poised to attain food sufficiency in major agricultural products, particularly rice, by next year.
 
A lot of work, he added, is being done through the Presidential Enabling Business Environment Council (PEBEC) to improve the business environment with very encouraging responses from investors in the last few months.
 
Senator Udoma said President Muhammadu Buhari’s aim is to create a self-reliant country and people. “As the President says, ‘We will change our habits and we will change Nigeria”. A nation in which ‘We grow what we eat and consume what we make”.
 
He explained that the Federal Government has continued to hold frequent and extensive consultations with the private sector, NGO’s and various interest groups to build consensus on economic policies and programmes.
 
 “We did this when developing the NERGP.  We have also continued with the tradition of co-hosting the annual Nigerian Economic Summit. The 2016 Economic Summit was focused on ways of promoting ‘Made in Nigeria’ products. In addition, we have introduced the Quarterly Presidential Briefing with the private sector,” he explained
A statement signed by Mr. Akpandem James, Media Adviser to the Minister quoted Udoma as saying the Federal Government has intensified its collaboration with State Governments using the vehicle of the National Economic Council (NEC), for which his Ministry serves as the Secretariat.  
The Ministry, he said, has successfully coordinated Donor Assistance Programmes, and a number of Cooperation Agreements have been concluded and signed with major bilateral/multi-lateral development partners.
 
         Implementation of the Agreements, he pointed out, is being monitored to ensure alignment with national development priorities and aspirations; disclosing that altogether, the Federal Government has signed Financing Agreements with several development partners, including the European Union, DFID and USAID among others, amounting to over €194.5 million and $702 million.
 
The Minister said the Ministry, which serves as anchor for ensuring that normalcy returns to the North East Zone, has ensured effective harmonization of activities of relevant Ministries, Departments and Agencies (MDAs) and Donor Agencies targeted at improving service delivery. “We have also attracted more funding for the country from the Oslo International Conference on Global Humanitarian Situation to support IDPs in the North-East”, he added
He said the Ministry takes its monitoring and evaluation functions very seriously and has accordingly revised the National Monitoring and Evaluation Framework for effective monitoring and tracking of implementation of 2016 Federal Government capital projects and investments.
 
“This has improved transparency and value for money in the implementation of programmes and projects. The process involves physical inspection and impact assessment. We also ensure that fund releases for capital programmes are tied to the priority areas of the Administration as set out in the (Economic Recovery and Growth Plan) ERGP”, he explained.
 
The convener of the meeting and Minister of Information, Alhaji Lai Mohammed, said the idea of the Town Hall Meetings was conceived as part of the Ministry’s efforts to bridge the communication gap between the government and the citizenry and also keep them better informed of the policies and programmes of the Federal Government.
 
Ministers who gave their scorecards are the Budget and Planning Minister, Senator Udoma Udo Udoma; Finance, Mrs. Kemi Adeosun; Agriculture, Chief Audu Ogbeh; Transportation, Chief Rotimi Amaechi; Power, Works and Housing, Mr. Babatunde Raji Fashola; Industries, Trade and Investments, Dr Okechukwu Enelama, and the Water Resources Minister, Alhaji Suleiman Adamu.  
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‘Ombugadu Is a Brand, Not a Title’ — PDP Chieftain

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By Emmanuel Kuza

A chieftain of the Peoples Democratic Party (PDP) in Nasarawa State, Abuga Ovie, has described the name Ombugadu as a political brand, saying the popularity and wide acceptance of the name have made David Emmanuel Ombugadu a major force in the state’s political landscape.

Ovie, who stated this in an interview on Tuesday, said what started as opposition from some of Ombugadu’s biological brothers and people he described as fathers and uncles who betrayed him for personal political interests had now assumed a wider dimension, with political parties allegedly joining the battle against him.

According to him, the latest development was an attempt to undermine the political value of the Ombugadu name by presenting another person with the same surname, describing it as an indication of how far some political actors were prepared to go to weaken the PDP governorship candidate.

“Ombugadu is a brand, not a title. The people are not fools. They know their own. You cannot simply bring another person bearing the same name and expect the people to forget the political identity that Ombugadu has built over the years,” he said.

He further alleged that a former governor was working to introduce a political associate who had served as Accountant-General of Nasarawa State into the political equation, with the alleged objective of destabilising the PDP and weakening its chances by ensuring that the party fields a less competitive candidate in 2027.

“The plan, as we understand it, is to destabilise the PDP and make sure the party presents a weak candidate, thereby creating an advantage for the former governor’s preferred candidate. But all those efforts have proved abortive because the national leadership of the PDP stood its ground and refused to lose its best bet for the 2027 governorship election,” Ovie said.

The PDP chieftain said the resolve of the national leadership to retain Ombugadu had demonstrated the confidence the party had in his capacity to win the governorship election, despite what he described as attempts by some political actors to frustrate his ambition.

Ovie urged political parties and their leaders to resolve their internal differences instead of concentrating their efforts on Ombugadu, whom he compared to David in the Bible, saying he remained focused despite betrayal and opposition from those close to him.

“Ombugadu is like David in the Bible. Even when his brothers forsook him, he remained focused. Today, despite the people who have betrayed him, he remains focused and has a blueprint that can rescue Nasarawa State,” he said.

He said political parties should concentrate on presenting their programmes and convincing voters about how they intend to address the challenges confronting the state rather than expending their energy on attempts to stop Ombugadu.

“Political parties should fix their problems instead of wasting their strength fighting Ombugadu. Let everybody bring their blueprint before the people and explain what they intend to do for Nasarawa State,” he said.

Ovie maintained that the 2027 election should be about ideas, competence and the future of Nasarawa State, rather than attempts to manipulate political structures or undermine individuals perceived to enjoy strong grassroots support.

He urged the people of the state, particularly the Eggon community, to remain politically vigilant and resist what he described as efforts to make them settle for less, insisting that voters would ultimately determine who enjoys their confidence at the polls.
Reduce repeated references to Ombugadu

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200 widows benefit from empowerment outreach in Plateau

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By Israel Adamu, Jos 

 Two hundred widows from communities across Langtang North Central State Constituency of Plateau State have benefited from an empowerment outreach organised by Gimbiya Gani Nandir Lar under the Jagoran Talakawa movement.

The outreach, held at Pilgani in Langtang North Local Government Area, was aimed at supporting vulnerable women and drawing attention to the challenges faced by widows, particularly those struggling to provide food, pay school fees and meet other basic needs for their families.

The organiser, Nandir Lar, who is the All Progressives Congress, APC, candidate for Langtang North Central State Constituency, said the gesture was motivated by compassion and concern for vulnerable members of the society.

She stressed that the outreach was not a political programme but an expression of love and support for humanity.

Nandir Lar said: “The plight of widows may not always make headlines, but their struggles are real, painful and deserving of our collective attention.

“This is simply an expression of compassion and love for humanity. It is not a political programme.

“Our constituency is home to people with diverse needs, including mothers, widows and young people who are seeking opportunities to improve their lives.”

Former Provost of the Federal College of Education, Pankshin, Amos Chirfat, commended the initiative, saying it had brought smiles to the faces of vulnerable women in the constituency.

Minority Leader of the Langtang North Legislative Council, Dirya Sheni, also commended Nandir Lar for supporting widows and other vulnerable members of the community.

At the end of the outreach, each of the 200 beneficiaries received a 10-kilogramme bag of corn flour, seasoning and N10,000 cash

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SCUML, REDAN Strengthen Collaboration on Anti -Money Laundering Compliance

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By Francis Wilfred 

The Special Control Unit against Money Laundering (SCUML), and the Real Estate Developers Association of Nigeria (REDAN) have expressed commitment to ensure a full compliance with the Anti Money Laundering/Counter Finance on Terrorism/Counter Proliferation Financing, (AML/CFT/CPF) laws within the Nigeria’s real estate sector.

They made the resolve during a stakeholders’ engagement held on Thursday, September 10, 2026

The engagement focused on Mutual Evaluation readiness, risk-based supervision, beneficial ownership transparency, customer due diligence, internal controls and stronger collaboration between SCUML and the real estate sector.

Assistant Commander of the EFCC, ACE 1 Ibinabo Amachree, speaking on behalf of SCUML highlighted the strategic role of real estate operators in protecting the integrity of Nigeria’s financial system, particularly given the sector’s vulnerability to money laundering and other financial crime risks.

Amachree encouraged REDAN members to move beyond registration to ensure that compliance is embedded in their day-to-day operations. He mentioned the areas to include: understanding institutional risks, knowing customers and beneficial owners, identifying politically exposed persons, conducting appropriate sanctions screening, maintaining effective internal controls and meeting applicable reporting obligations

He, therefore, reaffirmed readiness to working closely with REDAN and other stakeholders to improve compliance, build capacity and promote a stronger culture of accountability across the real estate sector

“The message is clear: effective compliance is not just about meeting regulatory requirements; it is about protecting businesses, strengthening the real estate sector and safeguarding the integrity of Nigeria’s financial system”, she said.

In his remarks, the Chairman of REDAN, Lagos state, Mr Tony Kolawole pledged readiness to partner with SCUML in ensuring compliance with AML/CFT/CPF in the real estate sector to uphold financial integrity.

The engagement also provided an opportunity for REDAN members to share practical regulatory and operational challenges affecting the sector, reinforcing the importance of continuous dialogue between regulators and industry stakeholders.

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