Connect with us

News

FG adds 12 million more beneficiaries, resumes cash transfer

Published

on

The Federal Government is adding fresh 12 million beneficiaries to the three million already in the basket to bring the number to 15 million, in a bid to the restart of the Direct Cash Transfers (DCT) to the poorest and most vulnerable Nigerians.

The move is said to be out of the desire to capture more people in the programme due to the escalating cost of living in the country, according to Minister of Finance and Coordinating Minister for the Economy, Wale Edun, during the Ministry’s retreat held in Uyo, Akwa-Ibom state on Wednesday.

He said: “The presidential panel on the social investment programmes, have prepared to go to Mr. President with an internal recommendation to restart the direct payments to the poorest and the most vulnerable.

“Everything is being done to ease the pain. We know that there’s been about three million beneficiaries now, but given the way the rates have gone, there are probably another 12 million people, households that can benefit from that payment.”

Advertisement

Stressing that the extension was aimed to reach a wider population struggling with the economic situation and to put more money directly in the hands of those who need it most, allowing them to prioritize their needs and alleviate poverty, President Tinubu would be briefed on the panel’s decision before the completion of the final report to keep him abreast of developments.

He added: “The only thing delaying that is not waiting for the end of the report. It is something that the intervention is meant to happen immediately. We have experts in technology, the commitment was to make sure that we use technology to ensure that we have a seamless payment, a seamless movement between the registered and the direct beneficiaries, without any manual processes in between. So it’s taking time to automate that process immediately that direct payment will resume.”

Reiterating Tinubu’s intervention to release 60,000 metric tonnes of food grains to curb hunger in the land, the Minister, said: “The goal is to put food, to put feed into the mill, into the market, in an attempt to drive down the cost of food and make food available. Right now, that is the key priority in terms of the fiscal side, in terms of the government side.

“History has shown, evidence has shown that when you pay someone directly, you put money in their hand. It reduces poverty because they decide where the shoe is pinching most. So it is a direct benefit, it has a direct effect on poverty. It alleviates, and there’s a commitment to immediately start that process.

“So that is, as far as these interventions are concerned and the landscape which we as a team are facing, we have a commitment to help to bring down inflation. Growing the economy, creating jobs and lifting millions and millions of Nigerians out of poverty, that’s the ultimate goal of President Bola Tinubu and his economic policies.”

Advertisement

The Minister, who acknowledged that the historical reliance on Ways and Means financing was a source of inflation, said the government was committed to reducing this debt burden through various financial and revenue-generating initiatives.

He stated: “On the monetary side, Ways and Means have been identified, and we too agree that the historical legacy of Ways and Means that was inherited has to be dealt with, and has to be paid out one way or the other. And those are the financial engineering, those are the revenue initiatives that we are focused on to remove that burden, that inflationary burden on the economy.”

Edun said that close collaboration between the Ministry of Finance and the Central Bank is crucial in tackling inflation and stabilizing the Naira. To this end, the Central Bank is using various tools to achieve these goals, including stabilizing interest rates and managing foreign exchange rates.

The minister noted: “It is a battle, and the tactics change because there is a loss or a need to restore the value of the naira, a need to restore the confidence in holding the naira as a store of value. And all the arsenal, all the instruments available are being brought to the fore and used. And surely it is a battle the central bank will win. It is a battle the government will win. That is not a doubt.”

 

Advertisement

Share this story:

News

BREAKING: Entire PDP structure in Delta empties into APC

Published

on

Sheriff Oborevwori, Governor of Delta State, Ifeanyi Okowa, his predecessor and all members of the Peoples Democratic Party in the state, on Wednesday emptied into the All Progressives Congress (APC), ending months of speculations about the political development in the oil-rich state.

James Manager, Senator formerly representing Delta South at the National Assembly, who announced the move in Asaba, the state capital, shortly after a meeting that lasted over six hours at Government House, Asaba, said the state could not afford to allow itself drift away.

“All PDP members in the state, including the governor, former Governor Okowa, the Speaker, the state party chairman, all the local government chairmen and others, have agreed to move to the APC. We cannot continue to be in a sinking boat,” he said.

Aniagwu Charles, Delta State Commissioner for Information, who confirmed the development, said the defection, was a collective decision of Delta PDP leaders and stakeholders, adding: “There is a need for us to adjust our drinking patterns. And in adjusting that drinking pattern, we needed to make a decision that would further help to cement the development in our state, to build the court of law that has existed in our state, to further advance the cause of security and the welfare of our people, and, to a large extent, ensure that development in Delta is not truncated.

Advertisement

“In taking that decision, we concluded that leaving the PDP was very necessary for us to be able to collaborate and build a state that every Deltan will be proud of. We believe that what is happening, and the state of the PDP, is akin to that palm wine whose taste has changed — and there was a need for us to change the drinking party. By the grace of God, on Monday next week, we will be able to make a very big statement confirming that we are moving into the APC.”

Share this story:
Continue Reading

News

Edo community in protest: Fulanis still killing, raping, destroying our farms

Published

on

Agbede community in Etsako West local government area of Edo State, rose in protests on Wednesday, complaining of continued kidnapping and killing by Fulani herdsmen, who they say have taken over their bushes and those of the surrounding neighbours.

Accusing the alleged marauders of killing and maiming those who could not pay ransom, as well as raping women and dislodging farmers from their farmlands, the community, who took to the streets in demonstrations, lamented that help had refused to come from anywhere including security agencies.

Agbede, and surrounding villages, including Odighie, Egono and Awain, they said, had been under siege in the past two months while efforts to get the assistance of the police in the area had ended in futilities, accusing them of complicity, with senior police officers from the northern part of the country covering up the criminals.

“Farm destruction, killings, rapes, and kidnappings for ransom have become disturbingly common and the police, instead of protecting the communities, they seem to be aiding and abetting the Fulani herders against the aborigines.

Advertisement

“The DPO at the Agbede Police Station, the Police Area Command in Auchi, and the Zone Five Office in Benin are not helping matters as we are suspecting them to be backing the herders with lining orders which is now creating fear amongst the people over their genuine protection and safety.”

Vanguard quoted a member of the community who did not want his name on the print as accusing the police of using blackmail, harassment, and detention to intimidate vigilantes and hunters who dare to challenge the Fulani invaders, while forcing the locals to sign undertakings not to confront the herders.

Still maintaining the allegation, he also claimed that those arrested in connection with the atrocities were usually promptly released within a few hours of arrest, adding: “Mamudu Momoh was attacked on his farm after he met some herdsmen taking over the farms, uprooting his cassava to feed their cows and in the process, he was attacked and injured.

“He went to the Agbede Police Division to report the case. The case was later turned against him, he was arrested and taken to Zone 5, where he was detained, and the community spent a lot of money to secure his release.

“There is another farmer in the community, Idris, who has been kidnapped by the herdsmen for over a month now and ransom has been paid, the man is yet to be released up till today. We are asking the inspector general of police to withdraw the DPO of the Agbede Police division who is a Northerner without which the Agbede community will never know peace in the hands of the herdsmen who are everywhere in our bush claiming to be hunters.

Advertisement

However Moses Yamu, Chief Superintendent of Police, and spokesman of the Edo State Police Command, was quoted as debunking the allegations, saying that the officers and men of Agbede Police division have been working round the clock to deal with the herdsmen situation in the area.

Narrating how the police from the division, with a backup from Auchi Area command, had already arrested over 10 suspected kidnappers in that axis who were currently being investigated, he said the community were not fair to the police in their protest, especially to the zone 5 Command.

He was quoted as saying particularly that the protest coming less than two weeks after the Inspector General (AIG) in charge of the zone had just assumed duties, was not a good welcome package by the community for him, especially with the allegation of abetting the said crimes.

Advertisement
Share this story:
Continue Reading

News

Benue: Alia wants Fulani chased out from seized land, rejects emergency rule  

Published

on

What Benue State needs now is to secure its boarders with its neighbours and to assist it in flush out Fulani herdsmen and bandits from the land they have taken over after chasing away the original owners, who are now in various Internally Displaced Persons (IDP’s) camps.

Hyacinth Alia, Governor of the state, declared this stance on Wednesday, while appearing as a guest on The Morning Show, the breakfast programme on ARISE NEWS Network.

The governor, who spoke on a range of issues regarding the attacks with close to 100 persons slaughtered by invading armed groups, he identified as Fulanis from foreign lands, Alia, a Reverend Father of the Catholic Church faith, rejected the idea of imposing state of emergency in the state, saying what the people of needed at the moment was help from the Federal Government.

Stating how he was able to contain the activities of the killers in the state from 17 to just six local government areas, he said his administration had the capability to end the killings, if only it could get the needed support to further deal with the situation.

Advertisement

He said: “What we need is emergency help for now. We need absolute support. The federal government is supported. They sent two armoured tanks that came in. Our situation had changed. We had a better narrative, but what we need to do is to get our people back home, to drive out the invaders, the armed invaders who have brought in people who do not even speak the Nigerian languages we speak. Let them move back to wherever they came from and allow us farmers to go back to our ancestral land. Calling for any emergency does not occur here.”

Dismissing the contention that the situation had overwhelmed him, he said his ability to scale down the spread of the attacks, was indicative that he had the capacity to tackle the incessant killings and destruction of properties in the state by killer herders, some of whom he believes are not Nigerians.

“We couldn’t have trimmed it from 17 local governments in the front lines of the attacks to nine and then now to six, which means we have the capability to do this, but we need help. And that is a fact,” he added.

Advertisement
Share this story:
Continue Reading

Trending