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FG Plans to Spend N59Bn on Ex-Militants

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The Federal Government plans to spend an estimated N59 billion on ex-militants, according to details of the 2014 Appropriation Bill presented to both arms of the National Assembly last week.

A breakdown of the figure showed that while N23.6 billion will be spent for payment of stipends to 30,000 ex-militants, another N35.4 billion is allocated for transformed ex-militants.

Daily Independent reported that the  Presidency is to spend a total of N33.4 billion within the fiscal year, out of which N25.106 billion represents recurrent expenditure, while capital expenses is estimated at N8.39 billion.

A further breakdown of the Presidency’s budget shows that N320.222 million is for ‘honorarium and sitting allowance,’ N267.775 million for ‘welfare.’

The Economic and Financial Crimes Commission (EFCC) has been allocated N10.245 billion in the budget, comprising N8.838 billion, or 86.26 per cent recurrent expenses and N1.406 billion, or 13.72 per cent as recurrent.

The budget also made provision of N700 million for the proposed National Dialogue.

Allocation proposed for the Education sector increased to N493.45 billion of the total, which represented 10.6 per cent of the total 2014 budget proposal.

The Appropriation Bill, presented by Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, before both arms of the National Assembly, showed that N3.7 trillion, representing 72 per cent of the N4.6 trillion, is to be spent on recurrent expenditure, while N1.1 trillion was earmarked for capital projects.

This, according to analysts, does not tell of any plan for infrastructure development in the coming year. The document, they believe, failed to address critical needs of the country.

On the revenue side, the Bill proposed a Gross Federally Collectible Oil and Gas Revenue of N7.16 trillion while Non-Oil Revenue is projected at N3.29 trillion.

Out of the oil revenue, total deductions, including cost of crude oil production, subsidy payments, and domestic gas development is put at N2.15 trillion, the same amount as in 2013.

The Federal Government budget revenue is estimated at N3.73 trillion. Subsidy payments were maintained at the 2013 level of N971.1 billion.

On the fiscal balance side, the government projected that in the 2014 financial year, fiscal deficit would be about N911.96 billion, representing about 1.90 per cent of the GDP while total borrowing of N571 billion is proposed in the Appropriation Bill, representing a mere N6 billion decrease from the approved 2013 figures.

For Edwin Ikhinmwin, a financial analysts and former bank chief executive, the 2014 budget does not show any sign of helping to create jobs, which would ordinarily come through massive capital investment “needed to rejuvenate our dilapidated infrastructure and build new capacities to support job creating growth.”

Consequently, he told Daily Independent, a “budget document that provides only 27 percent for capital expenditure is a trip in self delusion and propagation of false hood. The weight of recurrent expenditure cannot be supported by the capital budget. This is symptomatic of a rent economy whose long-term growth is not sustainable.

It is like the winner of a lottery who changed his style to expensive consumption without investing in sustaining wealth creation. The money soon got finished and he became poorer than before.”

Olufemi Awoyemi, and analyst and Chief Executive of Proshare Nigerian, an online finance and economy portal, lamented the inequity in the distribution of spending in the budget.

He is particularly concerned that 72 per cent of the spending is earmarked for payment of salaries and wages to about 10 million workers or less than six per cent of the nation’s 174 million people.

Even under in the days of military, he lamented further, “capital expenditure never grew below 40 per cent of total budget… We just bloated the civil service with every many of hangers’ on and political jobber.”

Mallam Garba Kurfi, Managing Director, APT Securities and Funds Limited, told News Agency of Nigeria (NAN) in an interview in Lagos, that the Nigerian economy would not grow with the scant emphasis on capital expenditure.

Allocating a mere N1.1 trillion for capital expenditure is a child’s play, considering the nation’s huge infrastructure challenge, and that Nigeria needs capital expenditure for the economy to experience meaningful growth and development.

Sehinde Adenagbe, Managing Director, Standard Union Securities Limited, however expressed dissatisfaction with the late presentation of the budget, calling for quick passage of the budget, which he regarded as the “road map for economic activities”.

This, he said, would help companies in decision making on investment, since it is a pointer to the direction of the nation’s economy in the new year.

Harrison Owoh, Managing Director, HJ Trust & Investment Limited, also told NAN that the budget proposal failed to address critical sectors of the economy, and that it was indeed disheartening that bulk of the nation’s budget would be used for wage payment instead of capital projects.

He said that the Federal Government should be bothered about the sufferings of the masses and ensure the provision of basic social amenities.


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Experts Caution e-commerce Operators on Eco-friendly Materials

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Experts have urged the Nigerian e-commerce industry to use eco-friendly materials in its packaging and logistics of products to reduce carbon emissions and protect the environment.

The experts made this known at a sensitisation workshop on Greening E-commerce orgainsed by The Sustainable and Inclusive Economic Development for Decent Employment In Nigeria Programme (SEDIN) – an initiative of the German Development Agency (GIZ) in partnership with Nigerian Postal Services (NIPOST).

The experts stressed the importance of e-commerce operators in Nigeria committing to concrete climate actions and sustainable operations.

Nnaemeka Ngwu, director of the public sector initiative and a professor at Lagos Business School, urged e-commerce companies to quickly adopt sustainable green technology to minimize their environmental harm.

“E-commerce is a business enabler and a platform through which many people can get involved in trade and commerce. However, e-commerce also brings lots of issues in sustainability and climate change because of pollution,” he said.

According to him, to improve the sustainability component of e-commerce, the country must promote better packaging and logistics among operators.

“We need to green the e-commerce industry to make it more inclusive and support the climate so that it does not cause risks and issues,” he explained.

He commended the Lagos State government on the ban on single-use plastics, calling for the policy to be complemented with awareness, advocacy, and engagement so that the public understands the reason for the policy.

He noted that such awareness should be done regularly, while urging the Nigerian Postal Service to use its leadership role in the courier industry to engage other courier businesses within the space on the benefits of sustainability and the packaging and logistics issues.

In her opening remarks, Titi Oshodi, special adviser to the Lagos State Governor on Climate Change and Circular Economy, called for awareness on greening across various sectors of governance, communities and the private sector

“This will ensure that people understand the rationale behind the policies on greening and they also understand what the alternatives are,” she noted.

“This is the reason why climate literacy is a front-boner strategy for us in Lagos State,” she added.

She explained that Lagos is a commercial hub that grew its GDP due to the operations of micro, small and medium-size businesses. “We need to have them empowered, more knowledgeable about sustainability practices.”

Tola Odeyemi, postmaster-general, Nigerian Postal Services (NIPOST), said the courier can play a strategic and vital role in greening the ecosystem, noting that it has 1,174 post offices nationwide.

Odeyemi, who was represented by Ernest Mamood, general-manager of EMS Parcel Nigeria, said NIPOST is a regulator in the country’s courier industry and can use its position to sensitize other operators in the industry on the use of eco-friendly materials in packaging and logistics to cut environmental impact.


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Tech Alliance Aims to Transform Africa’s Mapping System

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Space42, the UAE-based global AI-powered space-tech company, part of technology group G42, this week announced the signing of a memorandum of understanding with Microsoft and Esri to deliver high-resolution, scalable base maps across all 54 African countries, serving over 1.4 billion people.

Known as the “Map Africa Initiative,” the project will create a comprehensive base map of the continent to date, addressing challenges in infrastructure, investment, and institutional gaps, according to Space24.

The company said the updated mapping system will catalyse economic development through increased access to intelligent solutions that support governments, businesses, and communities.

The five-year collaboration aims to strengthen geospatial capabilities across Africa and the UAE, and provide precise and accessible data to national and regional stakeholders.

Space 24 detailed how the initiative will enable economic opportunities and innovation, saying the program is expected to unlock long-term value across multiple industries including: ports and logistics; renewable energy; security and disaster response; smart cities and digital economies.

It added: “Accurate maps are foundational to urban planning, public services, and technology deployment. The data will be licensed to national governments, enabling ownership and long-term updating by National Mapping Agencies. Over time, the initiative will also support a new commercial ecosystem of African startups. The data will eventually be housed in G42 and Microsoft-managed data centers across the continent.”

Hasan Al Hosani, CEO of Smart Solutions at Space42, said: “Partnership is core to the UAE’s DNA, and is central to how Space42 operates. This collaboration with Microsoft and Esri is more than technical; it’s strategic. It advances Space42’s business priorities, strengthens our role as a trusted partner to governments, and delivers meaningful benefits to communities across Africa.

“Accurate, high-quality mapping and the intelligence solutions built on it are essential for growth, resilience, and inclusive innovation. With reliable data, communities and economies prosper.”

While, Jack Dangermond, president of Esri added: “We are proud to support the Map Africa Initiative in partnership with Space42. Transforming satellite imagery into detailed, accurate base maps at continental scale requires advanced geospatial technology and professional production workflows.

“These same capabilities have supported similar national and regional mapping efforts around the world. With Map Africa, we are helping to establish a foundational resource that will drive infrastructure planning, economic growth, and sustainable development across the continent.”


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Kenya Tops Global Rankings for ChatGPT Use

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Kenya has emerged as the global leader in the adoption of ChatGPT, with a higher percentage of its internet users utilizing the AI chatbot than any other country.

According to the July 2025 Global Digital Report from DataReportal and Meltwater, an astounding 42.1% of Kenyan internet users aged 16 and above used ChatGPT in the past month.

This remarkable statistic places Kenya at the forefront of a global shift towards integrating artificial intelligence into daily life, outranking traditionally tech-forward nations such as the United Arab Emirates (42%), Israel (41.4%), Malaysia (39.8%), and Brazil (39.7%). In contrast, major economies like Russia (10.8%), China (7.3%), and Japan (5.8%) showed significantly lower adoption rates.

The report, which provides a comprehensive snapshot of digital trends worldwide, also highlights Kenya’s significant contribution to the platform’s overall traffic. The country is ranked third globally in website traffic to ChatGPT, accounting for 4.81% of all global visits, trailing only the United States and India.

Analysts attribute Kenya’s rapid and widespread adoption of ChatGPT to two primary factors:

  1. A Young, Tech-Savvy Population: With a median age of just 20, Kenya has one of the youngest populations in the world. This demographic is highly digitally native and has been quick to explore and adopt AI tools for a wide range of purposes, including education, business operations, and content creation.
  2. High Mobile Internet Penetration: Over 48% of Kenya’s population uses the internet regularly, with the vast majority accessing it via mobile devices. The accessibility of AI tools like ChatGPT on smartphones has been a critical enabler of its adoption, even in semi-urban and rural areas.

The report’s findings come shortly after OpenAI, the creator of ChatGPT, revealed that the platform now handles over 2.5 billion prompts globally every day. While OpenAI did not provide a breakdown of these prompts by use case, the platform’s popularity for tasks ranging from writing and coding to research and brainstorming is undeniable.

Kenya’s top ranking is a powerful indicator of the country’s dynamic and fast-evolving digital landscape, showcasing an eagerness to embrace cutting-edge technologies and positioning the nation as a key player in the future of AI adoption in Africa.

 


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