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Just In: Vice-President Kashim Shettima Urges Newly Inaugurated National Council On Privatisation To Advance President Bola Tinubu’s Renewed Hope Agenda (Details)

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Vice-President Kashim Shettima, also serving as the Chairman of the National Council on Privatisation (NCP), called upon the recently inaugurated council members to actively contribute to realizing President Bola Tinubu’s Renewed Hope Agenda. Shettima emphasized the importance of championing significant reforms through innovative thinking and disruptive ideas, stating that President Tinubu’s selection of council members reflects the potential for fresh perspectives….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

 

In his address during the inauguration at the Presidential Villa in Abuja on Friday, Shettima highlighted the critical role of the council in steering economic sector reform, privatisation, commercialisation, and the Public-Private Partnership (PPP) program over the next four years. He underscored the privilege and commitment represented by the council membership, urging members to actively participate in driving economic growth, infrastructure development, and job creation.

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Shettima acknowledged President Tinubu as a disruptive thinker, emphasizing the transformative power of fresh ideas. The Vice-President stressed that the council’s formation signaled an invitation for members to play a pivotal role in realizing the Renewed Hope Agenda, focusing on economic rejuvenation, liberalisation, and unlocking Nigeria’s economic potential through reforms, PPPs, and privatisation.

The objectives outlined for the council include approving policies on privatisation and commercialisation, determining guidelines and criteria for valuing public enterprises, setting prices for shares or assets offered for privatisation, and overseeing the legal and regulatory framework for public enterprise reform. Shettima named key council members, including Minister of Finance and Coordinating Minister of the Economy Wale Edun, Attorney General of the Federation Lateef Fagbemi (SAN), and other notable figures from both the private and public sectors.

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In response, Edun expressed gratitude for the inauguration and highlighted the critical role of privatisation in funding the budget and fostering economic growth. He thanked Chairman Shettima and council members for their commitment to the essential tasks ahead and reiterated President Tinubu’s strategic objectives.

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Tension In UK As Nigerians Push For INEC Chairman’s Removal Ahead Of 2027.

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A group of Nigerians has staged a protest at the United Kingdom Parliament, calling for the removal of the Chairman of the Independent National Electoral Commission (INEC) ahead of the 2027 general elections.....KINDLY READ THE FULL STORY HERE▶

The demonstrators reportedly gathered outside the parliamentary complex, expressing dissatisfaction with the leadership of the electoral body in Nigeria and demanding immediate action.

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They insisted that the INEC chairman should be removed, alleging concerns over credibility and trust in the electoral process as the country prepares for the next election cycle.

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The protest drew attention from passersby and security personnel, as the group maintained their position that electoral reforms and leadership changes were necessary to restore public confidence.

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National Security At Risk? Shehu Speaks On Poor Military Budgeting.

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Public commentator Mahdi Shehu has expressed concern over what he described as inadequate funding for military equipment, warning that it could endanger the lives of soldiers in active service.....KINDLY READ THE FULL STORY HERE▶

In a post shared on his official X account on Monday, Shehu reacted to reports suggesting that only a small fraction of the Nigerian Army’s 2025 budget for security equipment has been released.

He stated that although over ₦20 billion was approved for the procurement of security equipment, only about ₦1.7 billion—roughly 7 percent—has reportedly been disbursed so far.

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Shehu questioned the possible impact of the funding gap on troop safety, suggesting it could be linked to growing battlefield casualties.

He also raised concerns about reported cases of soldiers abandoning their posts, implying that insufficient equipment and support may be contributing factors.

The commentator further asked what had become of funds borrowed in the name of addressing insecurity, calling for accountability in their use.

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Shehu also suggested that delays or restrictions in releasing security funds could have serious consequences for both military personnel and civilians.

He expressed worry that different levels of government may not be fully meeting their responsibilities in ensuring the safety of lives and property.

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Nigeria Feels Heat As US–Israel–Iran Tension Sparks Economic Pressure — Edun.

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Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the ongoing tensions involving the United States, Israel, and Iran are triggering global energy shocks that are contributing to rising inflation in Nigeria.....KINDLY READ THE FULL STORY HERE▶

Speaking on the economic impact of the geopolitical crisis, Edun explained that disruptions in global oil markets have pushed up energy costs, which in turn are feeding inflationary pressures across countries, including Nigeria.

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He noted that Nigeria, while implementing economic reforms, is still exposed to external shocks from global events, particularly those affecting crude oil prices and energy supply chains.

According to him, the ripple effects of the conflict are evident in rising transportation, production, and food costs, which continue to strain households and businesses.

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Edun maintained that the government is monitoring the situation closely and adjusting its economic policies to cushion the impact, while also strengthening reforms aimed at stabilising the economy amid global uncertainty.

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