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Buhari Warns CBN Not To Release Money For Food And Fertiliser Import

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The order given issued verbally by the President would soon be documented, a statement by Buhari’s Senior Special Assistant on Media and Publicity Mallam Garba Shehu. 

President Muhammadu Buhari

Going by President Muhmmadu Buhari’s directive to the Central Bank of Nigeria (CBN), importers food items and fertiliser would not enjoy patronage from the apex bank, The Nation reports.

CBN Governor Godwin Emiefile on Thursday got the Presidential order to withhold funding from for food and fertiliser importation during yesterday’s meeting of the National Food Security Council (NFSC), held in the Aso Rock Villa, Abuja.

The order given issued verbally by the President would soon be documented, a statement by Buhari’s Senior Special Assistant on Media and Publicity Mallam Garba Shehu.

According to the President, Buhari restated his earlier verbal directive to the apex bank, saying he would pass it down in writing that “nobody importing food should be given money.”

The Federal Government had rolled out the Economic Sustainability Plan (ESP), the core of which is self-sustainability and massive job creation through agriculture.

Emphasizing the need to boost local agriculture, the President said: “From only three operating in the country, we have 33 fertiliser blending plants now working. We will not pay a kobo of our foreign reserves to import fertiliser. We will empower local producers.”


The President also directed that blenders of fertiliser should convey products directly to state governments so as to skip the cartel of transporters undermining the efforts to successfully deliver the products to users at reasonable costs.

He advised private businesses bent on food importation to source their foreign exchange independently, saying “use your money to compete with our farmers instead of using foreign reserves to bring in compromised food items to divest the efforts of our farmers.

“We have a lot of able-bodied young people willing to work and agriculture is the answer. We have a lot to do to support our farmers.”

The meeting, chaired by the President with other key members of the Council in attendance, was briefed on the food security situation prevailing in the country.

At the meeting were: Vice Chairman of the Council and Kebbi State Governor Atiku Bagudu; Chief of Staff to the President Prof Ibrahim Gambari and a governor from each of the six geo-political zones – Jigawa, Plateau, Taraba, Ebonyi, Lagos and Kebbi. They all made presentations.

Finance, Budget and National Planning Minister Mr. Zainab Ahmed outlined measures introduced by the administration to tackle the unprecedented challenges from the COVID-19 pandemic on the nation as contained in the Nigerian Economic Sustainability Plan (NESP).

She also highlighted that the government will facilitate the cultivation of 20,000 to 100,000 hectares of new farmland in every State and support off-take of agro-processing to create millions of direct and indirect job opportunities.

She listed the creation of 774,000 direct jobs for a minimum of 1,000 young Nigerians in each local government, the construction of 300,000 homes every year to give a boost to jobs through the construction industry, as well as the connection of 25 million new users of electricity with the installation of Solar Home System (SHS) targeting 5 million households.

Mrs. Ahmed also briefed on the joint investment with the World Bank to provide intervention fund to States to improve health infrastructure.

She said to ease existing financial hardships among the people, the government will soon come up with low-interest loans for mechanics, tailors, artisans, petty traders and other informal business operators.

The minister added that the Federal Government will equally provide support to Micro, Small and Medium Enterprises (MSMEs) to help them keep their employees and boost local manufacturing.

She explained the N2.3 trillion stimulus cash recommended by the NESP will, among other benefits, bring about the expansion of broadband connectivity to boost job opportunities in the digital economy.

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Igboho promises a protest if his accounts are not released

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Self-acclaimed political dissident, Mr. Sunday Adeyemo, otherwise called Sunday Igboho, on Tuesday, blamed the Federal Government for freezing his financial assets, following his assault on the fulani herdsmen in Oyo State.

Igboho, who addressed Vanguard, affirmed that all his financial asset have been frozen by the Federal Government since certain individuals were gathering donations.

Nonetheless, Igboho said he had no hands in the said donations, cautioning that his records should be released to dodge protest by young people across the South-West area.

His words: “They have frozen my bank accounts because I am fighting a just course.

I know Yoruba people are behind me.“I will not relent. I must achieve my aims by putting an end to criminalities in Yorubaland.

“If they refuse to release my accounts, there will be serious protests across the South-West.

“Yes, the Yoruba are living in fear. They are afraid that the killer-herdsmen might attack them.

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IGP adamu retires

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Adamu enrolled in the Police Force on February 2, 1986.

The IGP who will turn 60 on September 17, was appointed IGP in January 2019. He has gone through two years in office.

Three Deputy Inspectors-General of Police (DIGs) and 10 Assistant Inspectors-General of Police (AIGs) are additionally due for retirement with him today.

It is accepted that there is a mission to broaden Adamu’s residency.

However, some have contended against such expansion, since it would negate the arrangements of the Police Act 2020 that fixes the retirement of cops at 60 years old or 35 years of administration.

Section 18(8) of the new Act states: “Every police officer shall, on recruitment or appointment, serve in the Nigeria Police Force for 35 years or until the age of 60 years, whichever is earlier.”

The Act provides for a tenure of four years for the Inspector General of Police.

Section 7, subsection 2 of the Act provides that: “The person to be appointed as Inspector General of Police shall be a senior police officer not below the rank of Assistant Inspector General of Police with the requisite academic qualification of not less than a first degree or its equivalent, in addition to professional or management experience.”

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Ortom tests positive for Covid-19

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Benue State Governor, Samuel Ortom has tested positive for the feared COVID-19.

The declaration was made on Wednesday by his Chief Press Secretary, Terver Akase.

Review that a significant number of the governor’s aides which includes his personal physician, aide de camp, orderly, permanent secretaries among others recently tested positive for the virus.

Akase in an articulation made accessible to writers in Makurdi said that “the most recent result of the governor’s COVID-19 test has brought positive back.

This follows the test results of most of the Governor’s close aides who also returned positive in the last few weeks.

“Though the Governor has not shown any symptoms of the disease, he has already commenced treatment as prescribed by medical personnel.

The assertion added that the governor exhorted the individuals who have interacted with him over the most recent few days to go for test.

“The Governor says it is equally important that those who came in contact with other persons who have tested positive for the virus should go for a test to ascertain their COVID-19 status.

Akase said that Governor Ortom encouraged Benue individuals to keep on noticing the safety measures for the avoidance of the infection, for example, wearing of face masks, utilization of sanitisers, ordinary hand washing and physical distancing.

He urges the individuals not to fear going for COVID-19 test as doing so would help in containing the spread of the illness.

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