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General News

FG Mulls ‘Operation Feed Yourself’ to Tackle Hunger

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Federal government is considering an ‘Operation Feed Yourself’ initiative to encourage the establishment of urban farms and small home gardens across the country.

FG Mulls ‘Operation Feed Yourself’ to Tackle Hunger

Vice President Yemi Osinbajo explained that the initiative, to be undertaken in collaboration with states under the auspices of the National Economic Council and the National Council on Nutrition, was part of efforts to address malnutrition and related challenges.

The plan for this initiative is one of three major plans arising from the UN-backed Food Systems Dialogues, to advance the fight against malnutrition, the Vice President stated at a high-level meeting on nutrition on Monday.

Other plans, he added, were providing support to farmers across the country, especially by providing useful weather and soil pattern information that would improve farming yields, as well as encouraging state governments to ensure prompt release of budget for nutrition and related activities.

“There are practical steps that can be taken by the states and Federal Government in the next 12 months,” Professor Osinbajo told the meeting.

“I think that some of the suggestions are important, especially those that have come from the UN Food System Dialogue.”

Boost Food Security

He listed the different stages as the establishment of agribusiness investment hubs or farm settlements, the establishment of urban farms and homestead gardens by individuals and schools, the adoption of weather information to support farming, leveraging the support of the UN agencies and other partners for nutrition activities, and the call on MDAs and states to release funding for nutrition activities.

“States and the FGN will promote what the convener has described as ‘Operation Feed Yourself’. This is more of the establishment of urban farms and homestead gardens,” the Vice President stated.

“This is simply something that we think should be a mass appeal to citizens in the states, and the encouragement we can give them so that individuals and schools develop their own farms or homestead gardens.

“This obviously not only helps individuals and families, but the excess can be sold to others and generally improve food security. The establishment of agribusiness investment hubs or farm settlements or farm estates or any variety of those kinds of integrated farming arrangements will improve food and nutrition security.

“What we are recommending is the sort of model that Oyo State has or any of the variety that states have. That sort is obviously recommended because of the way that it is structured and the obviously good result that they have been getting.”

A file photo of a food trader at a market in Akure, the Ondo State capital. Sodiq Adelakun/Channels Television

Nutrition Budget

Speaking specifically about the funding of nutrition and related activities by MDAs and states, Professor Osinbajo said a point of importance had been made, even at the National Economic Council meetings.

“It is one of the action points as defined in the food transformation pathways which we already have issued and we are hoping that these budget releases will be specifically directed at the action points defined in the transformation pathways because these are ways by which we have identified that we can gain maximum traction in food security,” he explained.

“We urge the states to budget adequately for nutrition. Each MDA and state should adopt the national priority list, make budgetary provisions for those who haven’t concluded their 2022 annual budgets. I think there is still time to make adequate budgetary provision for nutrition in the 2022 budgets.”

Professor Osinbajo urged the state governments to adopt partnerships that can be effective in scaling up nutrition and related activities.

He said “it is also clear that we can leverage on the support of the UN agencies and other partners like the Foreign, Commonwealth & Development Office (FCDO), United States Agency for International Development (USAID), and the World Bank, as well as our development partners, the Bill and Melinda Gates Foundation and Aliko Dangote Foundation.

“The Aliko Dangote Foundation was able to show what they have been doing, especially with de-risking facilities that could be used by farmers in the various localities all over the country.”

The meeting was attended by Mrs Amina Mohammed, United Nations deputy secretary-general, state governors, and representatives of development partners, among others.

Mrs Mohammed, who acknowledged the leadership of Nigeria to the UN agenda 2030 and the Africa Union agenda 2063, believes the solution to many of the challenges associated with malnutrition lie in Nigeria’s recent commitment through the Food Systems Summit process.

“I will like to pay tribute to the leadership of the Vice President, Professor Osinbajo, and to the efforts of the Mrs Olusola Idowu, as the national convener of the virtual engagement by His Excellency at the pre-summit and clear, focused, ambitious national pathways that were published ahead of the Food Systems Summit in September,” she said.

“At the summit itself, His Excellency, the President made decisive and inspiring commitments, and all these efforts of the emerging pathways, Nigeria has demonstrated a holistic approach to the food systems transformation which really underpins that transformation that it is about climate, it is about nutrition and about an inclusive economy.”

On his part, Dr Kayode Fayemi, chairman of the Nigerian Governors Forum, said despite dwindling financial resources, the states would continue to push on the frontier of improvement in nutritional issues.

 

 

 

 

 


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General News

FG Halts Controversial FRC Dues amid Industry Outcry

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Federal government has temporarily suspended the controversial annual dues imposed on public interest enterprises by the Financial Reporting Council (FRC) after fierce opposition from businesses.

FG Halts Controversial FRC Dues amid Industry Outcry

Jumoke Oduwole, minister, Industry, Trade, and Investment, announced the decision during a Ministerial Consultative Meeting in Abuja on Wednesday.

The move follows mounting pressure from private sector groups, including the Nigeria Employers’ Consultative Association (NECA) and the Manufacturers Association of Nigeria (MAN), who slammed the Financial Reporting Council (Amendment) Act 2023 for burdening companies with excessive fees.

The Act mandates cumulative annual charges for non-listed entities and imposes a harsh 10% monthly penalty on unpaid dues, compounding until full payment, a provision that sparked widespread backlash.

At the meeting, major industry players like NECA, MAN, the Nigerian Association of Chambers of Commerce (NACCIMA), oil producers, and telecom operators warned that the fees would cripple businesses already struggling in a tough economy.

Oduwole clarified the suspension, stating, “The government has decided to direct the Financial Reporting Council to pause in the implementation of the new annual dues. You know that I am a lawyer, and a suspension request by the organised private sector would be in contravention of legislation duly passed by the National Assembly. A pause is an administrative process simply to review, in line with what we discussed today.”

She assured stakeholders that the halt would last no longer than 60 days, with a technical working group—including FRC officials and private sector representatives—set up to reassess the policy.

“We are a listening administration. The private sector has requested a range from three months to an indefinite suspension. We are not going to do that. So, at the most, 60 days is in my estimate. We are going to set up a technical working group comprised of the FRC and the organised private sector who have formally written in, and this will be reviewed,” Oduwole emphasized.


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General News

SON Pledges to Standardize Made-in-Aba Products

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The Standards Organisation of Nigeria (SON) says it is intensifying efforts to standardise locally manufactured products, including Made-in-Aba brands, in order to enhance both local and international acceptance.

Aharanwa Chuks, Director of Region (South East), SON, communicated this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja.

Chuks said through the Mandatory Conformity Assessment Programme (MANCAP), SON ensured that all Nigerian-made products conformed to the relevant Nigerian Industrial Standards (NIS).

According to him, MANCAP involves direct engagement with manufacturers to certify that their products meet established quality benchmarks.

“This process includes inspecting production facilities, sampling products and testing them against NIS requirements.

“Successful compliance results in the issuance of the MANCAP certification, signifying adherence to quality standards.

“In Aba, SON has been proactive in educating manufacturers about standardization.’’

The director said SON also conducted stakeholder interactions; gathering manufacturers from various sectors to provide guidance on producing goods that met both local and international standards.

“For instance, leather manufacturers in Aba have been sensitized on standardization practices to enhance the global competitiveness of their products.

“Manufacturers are encouraged to collaborate with SON to obtain MANCAP certification, ensuring their products are not only marketable within Nigeria but also competitive internationally.

“This initiative aims to boost consumer confidence and promote the acceptance of Made-in-Aba products globally,” Chuks said.

 


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General News

EFCC Arrests 133 @ Ponzi Scheme Training Academy

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Operatives of the Economic and Financial Crimes Commission (EFCC), has busted a Ponzi Scheme Academy and arrested 133 suspects in Abuja.

EFCC Arrests 133 @ Ponzi Scheme Training Academy

They were arrested at the Compensation Layout in Gwagwalada area of the Federal Capital Territory, FCT, Abuja, following actionable intelligence on the existence of the Academy.

The Academy, named Q University (a.k.a Q-Net) is in the business of recruiting gullible young Nigerians who are trained to recruit more gullible citizens into the scheme with the promise of getting unrealistic profit returns.

The suspects are enrolled into a training codenamed: “Special Training for New Generation Billionaire” and brainwashed to believe that they would graduate into the league of billionaires.

They got into the training by obtaining a form the promoters called “Independent Representative Application Form” with promotional slogans such as: “I’m a Champion” “I’m Unstoppable”, “I’m Infinity”, among others.

The EFCC carried out the operation in collaboration with officers and men of 176 Guards Battalion, Nigerian Army.

Items recovered from the suspects include phones, computers and other electronic gadgets.

They will be charged to court as soon as investigations are concluded.


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