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FG replies Bill Gates over Buhari’s economic strategy

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Bill GatesThe Federal Government on Friday joined issues with Microsoft Founder Bill Gates over his poor marks for the Economic Recovery and Growth Plan (ERGP) of the Muhammadu Buhari administration. The government responded via a statement signed by Akpandem James, Special Adviser (Media) to the Minister of Budget and National Planning, Senator Udoma Udo Udoma.

The statement said: “Several of today’s newspapers carried a story in which the philanthropist, Mr. Bill Gates is said to have taken issue with the Federal Government’s Economic Recovery and Growth Plan (ERGP). It seems the context in which Mr. Gates made his remarks was not well understood.

“A close reading of his statement shows that the point Mr. Gates was making was that the human capital development should have been explicitly indicated as part of the execution priorities of the ERGP. This is not the same as saying that the ERGP does not address human capital development or that Mr. Gates faulted Nigeria’s economic plans as some newspapers put it.

“This development however provides an opportunity to clarify several things about the ERGP.

“ERGP prioritises human capital development

“The ERGP rests on the three pillars of restoring growth, investing in the Nigerian people and building a competitive economy. The pillar of ‘investing in the Nigerian people’ is nothing other than human capital development consisting as it does of education, health and social investments, and a whole chapter of the ERGP is devoted to this important pillar. Therefore the ERGP indeed prioritises human capital development.

“The ERGP sets out 60 strategies cutting across all sectors of the economy. Indeed, over one quarter of them (strategies 31 to 47) fall into the category of Investing in the Nigerian people.  The execution priorities of the ERGP are restoring macroeconomic balance, achieving agriculture and food security, ensuring energy sufficiency in power and petroleum products, improving transportation infrastructure and driving industrialisation through SMEs. These interventions were chosen because of their potential for fast-tracking economic recovery and expected contribution of the private sector to accelerating growth, which is one of the key principles of the ERGP. In other words, the execution priorities are catalysts for implementing all the strategies in the ERGP.

“These priority areas have cross-cutting potentials which are all focused towards empowering the people through creating jobs and improving their general conditions. In other words, all the areas indicated are underpinned by the emphasis on investing in the people. Every single one of the execution priorities has the people at the centre.

“Human capital development spending has gone up

“To demonstrate the commitment of government to improving human capital development at the national level, the Federal Government has made significant increases in capital allocations in human capital related sectors in the last three years in spite of dwindling revenues.

“For instance, capital allocations to education, including Universal Basic Education (UBEC), in the 2015 Budget was N91.903 billion, but the allocation was increased to N112.543 billion in 2016; N152 billion in 2017 and N170.79 billion is proposed for 2018 budget.

“In the health sector, while N22.676 billion was provided in the 2015 budget for Capital expenditure, N28.65 billion was provided in the 2016 budget; N55.61 billion in 2017; and N71.11 billion in the 2018 budget proposal.

“Focus on social intervention programmes

“In addition, the current administration has launched a wide-ranging Social Investment Programme which caters for human development for which a total budgetary allocation of N500 billion has been provided in the 2016 and 2017 budgets as well as the 2018 budget proposals. Apart from providing the much needed jobs, the N-Power Scheme deploys young graduates to serve as teaching assistants, public health officials and agricultural extension workers. Similarly the Home Grown School Feeding Programme provides a meal a day to children in public primary schools. All these interventions contribute to human capital development.

“Collaboration with States to deepen human capital development

“The Federal Government is committed to improving human capital development at all levels by deepening collaboration with the States. That is why this special session of the National Economic Council on human capital development was convened.

“It was aimed at:

* increasing attention of government at all levels on human capital development in line with the ERGP

* enhancing the quality of expenditure so as to achieve the improved outcomes set out in the ERGP.”

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Matawalle Salutes Nigerian Military, Citizens at Christmas

… Calls for Love and Peaceful Coexistence

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Bello Matawalle and Christmas
*Bello Matawalle

The Honourable Minister of State for Defence, H.E. Dr. Bello Mohammad Matawalle, has extended warm greetings to the Nigerian military and all citizens, both Christians and non-Christians, during this joyous Christmas season.

In his message, he emphasized the importance of embodying the spirit of love and peaceful coexistence, urging all Nigerians to reflect on these values not only during the festive period but throughout the year.

“This season serves as a poignant reminder of the enduring principles of peace, unity, love, and sacrifice that bind us as a nation,” he stated.

Matawalle Salutes military
Matawalle Salutes Nigerian Military, Citizens at Christmas

The Minister encouraged every Nigerian, regardless of their religious beliefs, to celebrate and honor President Bola Ahmed Tinubu, GCFR, as well as the brave men and women of the Armed Forces who tirelessly demonstrate their patriotism in safeguarding the safety and sovereignty of our beloved country.

Highlighting the significance of the yuletide season, he noted that it should reinforce our bonds of unity, foster a spirit of camaraderie, and inspire compassion towards one another. He called on all citizens to remain steadfast in their collective efforts to build a secure and prosperous Nigeria.

In conclusion, the Minister wished everyone a Merry Christmas and a Happy New Year.

Henshaw Ogubike, MNIPR, FCAI, FSCA, FCPE
Director of Information, Press and Public Relations

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Tinubu to Revitalize Zamfara and Nigeria’s Economy – Matawalle

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Dr. Bello Mohammad Matawalle
Dr. Bello Mohammad Matawalle

…Says no government has shown so much support to LGs, State Governments like President Bola Ahmed Tinubu….

The Minister of State for Defence, Dr. Bello Mohammad Matawalle, has expressed confidence that the administration of President Bola Ahmed Tinubu GCFR will significantly enhance the economies of Zamfara State and Nigeria as a whole.

Matawalle who is currently on  a five-day visit to his home state, the Minister and former Governor of Zamfara commended President Tinubu for his unprecedented support for Local Government Councils and state governments. “No previous administration has demonstrated such a strong commitment to developing local councils and states as President Tinubu,” Matawalle remarked.

He highlighted the President’s role as a grassroots mobilizer, emphasizing his passion for local development. “President Tinubu has allocated substantial funds to states and local government councils, enabling them to undertake impactful development projects,” he added.

Matawalle urged party supporters to collaborate with their leaders to reclaim the lost mandate from the ruling Peoples Democratic Party (PDP) in Zamfara State. “It is essential for all APC members to remain law-abiding citizens,” he stated, reinforcing the party’s commitment to uphold the law.

Addressing a large gathering of supporters who welcomed him, Matawalle reassured them of the federal government’s ongoing efforts to combat banditry and terrorism in the region. “With the federal government’s initiatives to address security challenges, we will soon experience a renewed sense of safety and peace,” he emphasized.

He concluded his address by urging the community to continue supporting the government at all levels. “Together, we can restore peace and order in our country,” Matawalle affirmed.

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Penpushing Media congratulates IPI new leadership

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IPI Nigeria
IPI Nigeria

The Management and Editorial Board of Penpushing Media, owner of online newspapers and television have congratulated the newly elected leadership of International Press Institute (IPI) Nigeria Chapter led by Musikilu Mojeed of Premium Times to run affairs of the global organisation for next three years.

The media outlet in a congratulatory letter signed by chairman Editorial Board, Olufunke Fadugba said the organization rejoiced with the team on renewal of their tenure, and equally encouraged them not to only sustain the previous visibility and interventions on behalf of the media but to do more

“We rejoice with you on the renewal of your tenure as leaders of International Press Institute Nigeria. This congratulatory message is to encourage you to not only sustain the previous visibility and interventions on behalf of the media but also to do more”, the letter read.

 Fadugba pointed out that the past months have been challenging for journalists, stressing that as the democracy in the country move closer to 2027, it is expected that the great battle for freedom of expression will be more intense.

“The International Press Institute Nigeria and other stakeholders will need to be more creative, determined, and build positive networks to guard the media from existential threats both from within and outside the media ecosystem”, the letter stated.

“However, judging from your previous performances and renewed impetus, we in Penpushing Media have no doubt that you will make a success of this tenure, in the interest of the media, the people and the country”, Fadugba emphasized

“On behalf of the Board, Management, and members of Penpushing, we wish the newly elected Executive Members a successful tenure. Congratulations, as we urge you to continue to carry the members along in order to enjoy their much-needed support”, the letter said

The other elected officials include Ahmed Shekarau of Media Trust as Secretary, Fidelis Mbah of Al Jazeera Television as Deputy President, Rafatu Salami of Voice of Nigeria as Treasurer, Yomi Adeboye of Herald Newspaper as Assistant Secretary and Tobi Soniyi of Arise News as Legal Adviser.

The President of International Press Institute (IPI), Nigeria, Musikilu Mojeed in response to the congratulatory letter expressed appreciation to the management of Penpushing Media, as well as commitment to press freedom and responsible journalism.

“We are deeply grateful for your congratulatory statement on the recent IPI Nigeria election. Your consistent support for IPI means the world to us, and we appreciate your commitment to press freedom and responsible journalism”, Mojeed wrote.

“On behalf of the Board of Trustees, Executive Committee, and members of the Institute, I extend heartfelt thanks for your encouragement. May God continue to bless you abundantly”, he added

“Your support and encouragement inspire us to continue promoting ethical journalism, advancing media pluralism, and defending press freedom. We look forward to collaborating with your administration to expand access to information and reinforce Nigeria’s democratic ethos’, the President stated.

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