Indications have emerged that several ministers in President Bola Tinubu’s cabinet are gripped by anxiety over a potential reshuffle, as speculation mounts regarding their performance and contributions to the Renewed Hope Agenda.

This development follows recent comments from Bayo Onanuga, special adviser to the President on Information and Strategy, who hinted at an impending cabinet reshuffle aimed at evaluating the effectiveness of the ministers.

Those found lacking in activity and contribution could face removal from their positions.

Criticism of the current ministers has been growing, with detractors arguing that many were appointed based on political patronage rather than merit.

Prior to the announcement of Tinubu’s cabinet, there were high expectations for a team predominantly composed of technocrats, further fueling dissatisfaction among observers.

According to Vanguard, sources close to the presidency revealed that before the president’s two-week trip to the United Kingdom, a comprehensive performance review of the ministers was prepared by Mrs. Hadiza Bala Usman, special adviser to the President on Policy Coordination and head of the Central Delivery Coordination Unit.

It is understood that Mrs. Usman has taken on the challenging task of compiling this performance data, a job she has reportedly executed diligently.

According to the source, “some of the Ministers are jittery and have tried to lobby her but she is not the kind of person to be manipulated. She is a strict and thorough person right from the time she was the Managing Director of the Nigeria Ports Authority.

“The President is going to rejig his cabinet to bring fresh hands that will help to translate his Renewed Hope Agenda into a complete reality.”

In celebration of World Food Day, QNET, a global leader in wellness and lifestyle products, reaffirms its commitment to revolutionizing health through advanced nutritional solutions.

At the heart of QNET’s mission is the belief that quality nutrition is the foundation for a healthier future.

This year, the company underscores the vital role of dietary supplements in improving overall well-being, particularly for communities facing limited access to essential nutrients.

With global malnutrition affecting nearly 1 in 5 adults, as highlighted by a recent WHO report, the need for effective nutritional supplements has never been more critical.

QNET’s diverse range of products is designed to address this gap by providing essential vitamins, minerals, and nutrients that are often missing from regular diets.

These supplements are particularly crucial for vulnerable populations, including children and the elderly, who face heightened risks of health complications due to poor nutrition.

In Nigeria, the malnutrition crisis is severe, with 32 percent of children under five suffering from stunted growth.

QNET’s innovative approach to nutrition aims to tackle such challenges by delivering products that bridge dietary gaps and support overall health.

The company’s dedication to health equity ensures that everyone, regardless of location or economic status, has access to high-quality, nutrient-rich supplements. (RAM3 COAR.rdl (unicef.org)

“QNET’s mission is simple yet profound: to provide holistic nutrition solutions that empower people to live healthier lives,” said Biram Fall, Regional General Manager for QNET Sub-Saharan Africa.

“Our focus on quality ingredients, advanced research, and collaboration with leading health experts ensures that our products are both effective and accessible. Every person deserves the right to quality nutrition.”

Among QNET’s standout offerings is EDG3 PLUS, a supplement packed with powerful ingredients like water-soluble turmeric, an amino acid blend, and vitamin D3, all formulated to support digestion, enhance nutrient absorption, and boost immunity.

As World Food Day highlights the importance of the “Right to Food for a Better Life and a Better Future,” QNET continues its mission to foster global wellness by encouraging informed nutritional choices.

Through its innovative products, QNET empowers individuals to take control of their health and contribute to a more sustainable and healthy future.

Fasasi Sarafadeen Atanda, national president, Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) said Nigerian Banks lost N42.6b to fraudsters in Nigeria within the Q2 of 2024.

Atanda quoting Financial Institutions Training Center (FITC) report, said the loses were traced to agent locations through the use of stolen cards, phones, fake alerts and ransom cash out.

Atanda, who made the disclosure at the 8th Annual National Conference of the association in Benin City, Edo State with the theme “Match Data With Actions” said that to steam the tide AMMBAN has introduced an automated verifiable identity card for agents and launched a Joint Task Force (JTF) in conjunction with the Office of the Inspector General of Police (IGP), DSS, NSCDC and other security agencies.

According to him, “The 8th AMMBAN annual national conference is unique as it is meant to match data with actions.

Data on Access to Financial Inclusion: As at the last EFInA report in 2023, financial inclusion was at 64% but on the ground, over 300 local government areas in Nigeria are without bank branches (AMMBAN Survey, 2024).

Why access to commercial banks are of concern? CBN recent regulation on mandatory BVN and/or NIN for owning an account or a wallet requires the presence of bank branches, because they are majorly the structures enabled for BVN enrollment/modification.

On action from AMMBAN, he noted that the association has introduced a one-stop shop for financial services, offering NIN, BVN, Account Opening, Card Issuance, Sim Registration, Savings, Credit, Insurance etc across the excluded local government areas.

Continuing, he said. “Data on Security: Nigerian banks lost N42.6B to fraud in Q2, 2024 (FITC), and most were traced to agent locations through the use of stolen cards or phones, fake alerts, ransom cash out, etc.

“Action From AMMBAN: AMMBAN introduced an automated verifiable identity card for agents and launched a Joint Task Force (JTF) in conjunction with the Office of the Inspector General of Police (IGP), DSS, NSCDC and other security agencies. JTF has been providing intelligence for the security agencies on enforcement sanity and regulatory standards at agent locations – in public interest.

AMMBAN has indeed led the way of data to actions by turning our insights into inclusive financial solutions (NFIC, Agent QR-coded ID card, Agent Joint Task Force, AMMBAN cooperative, AMMBAN women wing etc).”

In his keynote address Mr. Philip Ikeazor, Deputy Governor Financial Stability, Central Bank of Nigeria (CBN) represented by the apex bank Controller, Benin Branch, Michael Mgbeze said that the Central Bank aims at advancing financial inclusion and building a robust and inclusive financial system that leaves no Nigerian behind.

He said the contribution of AMMBAN have been instrumental in ensuring that millions of Nigerians particularly in the underserved communities now have access to financial services.

“We gather today with a shared mission – to advance financial inclusion and build a robust and inclusive financial system that leaves no Nigerian behind. Your contributions have been instrumental in ensuring that millions of Nigerians, particularly in underserved communities, now have access to financial services.

“As we approach the end of 2024, we are closer than ever to our goal of 95% financial inclusion. Currently, less than 25% of Nigerians are financially excluded – an impressive leap from 32% in 2020. This figure represents millions of people gaining access to the tools needed to improve their lives, from savings and loans to insurance and investment products.

“Nigeria’s financial inclusion landscape has transformed significantly from 2016 to 2024. As at 2023, the formal financial service usage has grown from 30% to 57%, the adoption of financial service agents has also skyrocketed, from 4.4% in 2018 to 54%in 2023.

“The Usage of informal financial service providers increased by 39% since 2020, with significant increase in the use of village associations predominantly in the South East. The use of financial services, including transaction accounts, savings, remittances, credit, and insurance, is on the rise. Notably, savings increased by 2%, remittances by 8%, and credit by 4%”, he said.

On his part, the Sen Ibrahim Hadejia Deputy Chief of Staff to the President Office of the Vice President, represented by Nurudeen Abubakar, said President Bola Ahmed Tinubu’s administration is putting sustainable mechanisms in place to build a $1trillion economy by 2030, adding that while substantial progress has been made. Something around 26% of the adult population primarily women, rural dwellers, and small business owners are financially excluded.

“As we seek to achieve this milestone, financial inclusion is at the heart of our economic agenda, ensuring that all Nigerians—regardless of location, gender, or socioeconomic status—are not only included but also empowered in our financial system.

“President Bola Ahmed Tinubu’s administration is putting sustainable mechanisms in place to build a $1 trillion economy by 2030,

“This has been made evident in the administration’s effort to boost access to credit for Micro, Small, Medium, and Nano Enterprises (MSMSNE), and various other programs targeted at enhancing inclusive growth through economic and financial inclusion”, Abubakar stated.