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FULL TEXT: Tinubu’s Plans To Achieve Food Security

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TEXT OF MEDIA BRIEFING BY MR. DELE ALAKE, SPECIAL ADVISER TO THE PRESIDENT ON SPECIAL DUTIES, COMMUNICATIONS AND STRATEGY ON THE DETAILS OF PRESIDENTIAL INTERVENTION ON FOOD SECURITY, FOOD PRICING & SUSTAINABILITY ON THURSDAY, JULY 13, 2023

Gentlemen of the press, I welcome you once again to this press conference to update the public on President Bola Tinubu-led administration’s immediate response to the current food inflation in the country.

As a hands-on- leader who follows developments across the country everyday, Mr. President is not unmindful of the rising cost of food and how it affects the citizens. While availability is not a problem, affordability has been a major issue to many Nigerians in all parts of the country. This has led a significant drop in demand thereby undermining the viability of the entire agriculture and food value chain.

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Accordingly, in line with this administration’s position on ensuring that the most vulnerable are supported, Mr. President has declared, with immediate effect the following actions:

• That a state of emergency on food security be announced immediately, and.

• That all matters pertaining to food & water availability and affordability, as essential livelihood items, be included within the purview of the National Security Council.

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As a direct and immediate response to this crisis, a number of initiatives will be deployed in the coming weeks to reverse this inflationary trend and guarantee future uninterrupted supplies of affordable foods to ordinary Nigerians.

As with most emergencies, there are immediate, medium- and long-term interventions and solutions.

In the immediate term, we intend to deploy some savings from the fuel subsidy removal into the Agricultural sector focusing on revamping the agricultural sector.

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READ ALSO: Subsidy: 12m Families To Receive N8,000 For Six Months – Tinubu

In an earlier meeting with Agriculture Stakeholders (today), we drafted a memorandum of partnership between the government and the individual stakeholder representatives that encompasses the decisions taken and actions proposed from our engagements.

The immediate intervention strategies are as follows:

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1. We will immediately release fertilizers and grains to farmers and households to mitigate the effects of the subsidy removal.

2. There must be an urgent synergy between the Ministry of Agriculture and the Ministry of Water Resources to ensure adequate irrigation of farmlands and to guarantee that food is produced all-year round.

As a country, Mr. President has made it clear that we can no be comfortable with seasonal farming. We can no longer afford to have farming down times.

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3. We shall create and support a National Commodity Board that will review and continuously assess food prices as well as maintain a strategic food reserve that will be used as a price stabilisation mechanism for critical grains and other food items.

Through this board, government will moderate spikes and dips in food prices.
To achieve this, we have the following stakeholders on board to support the intervention effort of President Bola Ahmed Tinubu: The National Commodity Exchange (NCX), Seed Companies, National Seed Council and Research institutes, NIRSAL Microfinance Bank, Food Processing/ Agric Processing associations, private sector holders & Prime Anchors, small holder farmers, crop associations and Fertilizer producers, blenders and suppliers associations to mention a few.

4. We will engage our security architecture to protect the farms and the farmers so that farmers can return to the farmlands without fear of attacks.

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5. The Central Bank will continue to play a major role of funding the agricultural value chain.

6. Activation of land banks. There is currently 500,000 hectares of already mapped land that will be used to increase availability of arable land for farming which will immediately impact food output.

READ ALSO: Subsidy: 12m Families To Receive N8,000 For Six Months – Tinubu

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– Mechanization and land clearing- The government will also collaborate with mechanization companies to clear more forests & make them available for farming

7. River basins- there are currently 11 rivers basins that will ensure planting of crops during the dry season with irrigation schemes that will guarantee continuous farming production all year round, to stem the seasonal glut and scarcity that we usually experience.

8. We will deploy concessionary capital/funding to the sector especially towards fertilizer, processing, mechanization, seeds, chemicals, equipment, feed, labour, etc.

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The concessionary funds will ensure food is always available and affordable thereby having a direct impact on Nigeria’s Human Capital Index (HCI). This administration is focused on ensuring the HCI numbers, which currently ranks as the 3rd lowest in the world, are improved for increased productivity.

9. Transportation and Storage: The cost of transporting Agricultural products has been a major challenge (due to permits, toll gates, and other associated costs). When the costs of moving farm produce is significantly impacted- it will immediately be passed to the consumers, which will affect the price of food- the government will explore other means of transportation including rail and water transport, to reduce freight costs and in turn impact the food prices.

As for storage, existing warehouses and tanks will be revamped to cut waste & ensure efficient preservation of food items.

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10. We will Increase revenue from food and agricultural exports. As we ensure there is sufficient, affordable food for the populace, we will concurrently work on stimulating the export capacity of the Agric sector.

11. Trade Facilitation: Transportation, storage and export will be improved by working with the Nigerian Customs, who have assured us that the bottlenecks experienced in exporting and importing food items as well as intra-city transportation through tolling will be removed.

These are some of the immediate interventions this government will put in place to tackle this crisis.

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Principally, one of the major positive outcomes of these interventions will be a massive boost in employment and job creation.

READ ALSO: Tinubu Writes Senate, Seeks Additional $800m Loan From World Bank

Indeed, agriculture already accounts for about 35.21 percent of employment in Nigeria (as at 2021), the target is to double this percentage to about 70% in the long term.

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President Bola Ahmed Tinubu’s mandate to create jobs for our teeming youth population will be achieved with between 5 to 10 million more jobs created within the value chain, working with the current 500,000 hectares of arable land and the several hundreds of thousands more farmlands to be developed in the medium term.

In closing, this administration understands that food and water are the bedrock of survival and therefore is calling on all Nigerians to partner us in ensuring the success of this strategic intervention. This administration is working assiduously to ensure that Nigerians do not struggle with their essential needs.

President Bola Ahmed Tinubu wishes to use this medium to continue to assure Nigerians that this administration will not relent in its efforts until all strategic interventions are deployed efficiently and effectively and until every household is positively impacted. Our president is the president of all Nigerians and the father of the nation. The renewed hope mandate remains alive and no one, absolutely no one, will be left behind.

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I thank you all.

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JUST IN: NNPC, NUPRC, NMDPRA Shut As PENGASSAN Begins Strike

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The nationwide strike declared by the Petroleum and Natural Gas Senior Staff Association of Nigeria on Monday paralysed operations at key oil and gas regulatory institutions, including the Nigerian National Petroleum Company Limited, the Nigerian Upstream Petroleum Regulatory Commission, and the Nigerian Midstream and Downstream Petroleum Regulatory Authority.

The industrial action, which followed the weekend directive by the union’s National Executive Council, saw members across the country withdrawing their services, effectively shutting down critical agencies that drive Nigeria’s oil and gas industry.

It was observed that at the NUPRC headquarters in Abuja, the main gate was firmly locked, leaving several employees stranded outside the premises. Security operatives on duty confirmed that no staff were allowed entry, in line with the strike directive issued by the union.

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Similarly, activities at the NMDPRA headquarters in the busy Central Business District were completely grounded as workers fully complied with the industrial action.

READ ALSO:Dangote Hits Out At PENGASSAN, Says Union ‘Serial Saboteurs, Serving Oligarchs’

Confirming the situation, the PENGASSAN Chairman in NMDPRA, Tony Iziogba, told The PUNCH that the union had achieved “100 per cent compliance,” effectively restricting access to staff and visitors.

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He added that his colleagues had also enforced 100 per cent compliance at the NNPCL and other relevant agencies.

PENGASSAN said the strike became inevitable after the alleged wrongful dismissal of about 800 workers at the Dangote Petroleum Refinery.

The union’s directive to halt crude oil and gas supplies to the Dangote Petroleum Refinery has sent shockwaves through the energy sector, with oil marketers warning of severe disruptions in fuel distribution. This move is expected to choke the domestic market, driving up demand and prices.

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READ ALSO:JUST IN: PENGASSAN Strike May Trigger Nationwide Blackout, Thermal Plants Shut Down

On Sunday, PENGASSAN announced a nationwide strike, instructing all its members in various offices, companies, institutions, and agencies to cease all services starting at 12:01 am on Monday, September 29, 2025.

The union also directed members stationed in various field locations to down tools from 6:00 am on Sunday, September 28, and commence a round-the-clock prayer vigil.

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In a strongly worded resolution signed by PENGASSAN General Secretary, Lumumba Okugbawa, the union accused the refinery of violating Nigerian labour laws and International Labour Organisation conventions by sacking workers for joining the union. It alleged the dismissed workers had been replaced by foreigners.

READ ALSO:PENGASSAN Reacts As Dangote Refinery Misses Production Deadline

All processes involving gas and crude supply to Dangote Refinery should be halted immediately,” the resolution declared. “All IOC (International Oil Companies) branches must ramp down gas production and supply to Dangote Refinery and petrochemicals.”

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The development has heightened fears of fuel scarcity and blackouts, as NNPC remains the sole importer of petrol while the midstream and downstream authority regulates supply and distribution. Similarly, NUPRC is responsible for monitoring crude production and enforcing gas supply obligations to power plants.

All eyes are now on Monday’s emergency meeting convened by the Minister of Labour. Whether dialogue can restore calm or whether Nigeria plunges deeper into crisis may depend on the willingness of both sides to compromise.

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‘We Cure Madness With Madness’: Five Things To know About Taye Currency

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The name ‘Taye Currency’ has continued to trend on social media following the Fuji music artiste’s performance at the coronation of the 44th Olubadan of Ibadan, Oba Rashidi Adewolu Ladoja, on Friday.

Taye Currency, during his performance at the coronation event which took place at Mapo Hall in Ibadan, rendered a line in Yoruba, “Were la fi n wo were,” which translates to “we cure madness with madness.”

The line, which seems not to have sat well with many Nigerians, particularly those of Yoruba heritage, has continued to generate a lot of criticism, with many opining that such lyrics were not befitting for the occasion, which had in attendance dignitaries including President Bola Ahmed Tinubu, governors, ministers, traditional rulers, and other crème de la crème of society.

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Reacting to the development, the Olu of Kemta Orile in Odeda Local Government Area of Ogun State, Oba Adetokunbo Tejuosho, criticised Taye Currency for what he described as “classless and unbefitting lyrics.”

According to him, the musician failed to accord the coronation its due respect, describing his lyrics as unbefitting of the sacred ceremony.

READ ALSO:Ogun Monarch Slams Taye Currency Over Performance At Olubadan Coronation

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He said, “The throne of our ancestors is not a stage for mockery, nor the coronation of a great monarch a subject for careless entertainment.

“Kingship is sacred, adorned with honor and guarded by tradition. It demands reverence, dignity, honor, class and the utmost respect from all who stand in its presence.

“Listening to the musician (Taye Currency), who was invited to render music before the Crown, as a matter of fact before the entire world, to serenade the audience and sing in a way to express admiration, singing songs like (were lafi n wo were) We use madness to cure madness.

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“Such lyrics were classless and unbefitting of such occasions, it is insulting to the sacredness of the gathering.”

While Taye Currency is well known among Fuji music lovers, especially those from Ibadan, the Oyo State capital, his performance at the Olubadan coronation has made people want to know more about him.

READ ALSO:BREAKING: Ladoja Crowned 44th Olubadan, Set To Receive Staff Of Office

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In this article, Tribune Online takes a look at five things to know about the trending Fuji musician.

1. Full Name and Age

His full name is Taye Akande Adebisi. Apart from his popular stage name, Taye Currency, he is also known as ‘Apesin.’ He celebrated his 50th birthday on December 17, 2024.

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2. Appointment as Special Adviser on Culture and Tourism

Oyo State Governor, Seyi Makinde, appointed him as Special Adviser on Culture and Tourism in 2019 during the governor’s first tenure.

READ ALSO:Olubadan Unveils Economic Plan For Ibadanland

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3. Father of a Lawmaker

In 2019, Taye Currency’s son, Yusuf Oladeni Adebisi, was elected into the Oyo State House of Assembly to represent Ibadan South-West Constituency 1, which earned Taye Currency another nickname, ’Baba Honorable’ (Honourable’s father). He was re-elected in 2023 as a lawmaker on the platform of the Peoples Democratic Party (PDP).

4. Financial Setback

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In April 2025, Taye Currency publicly lamented that he lost N10 million to CBEX, a crypto/investment scheme many now regard as a collapsed Ponzi platform. He explained that he was convinced to invest by close associates, only to see the scheme crumble shortly after.

5. Affiliation with Pasuma

Taye Currency has often maintained that although he never learnt Fuji music from his senior colleague, Wasiu Alabi Odetona, popularly known as Pasuma, whom he first met in 1993, he still considers him a boss.

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JUST IN: PENGASSAN Strike May Trigger Nationwide Blackout, Thermal Plants Shut Down

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Nigerians may face a nationwide blackout from Monday as power generation companies have raised the alarm over an imminent shutdown of thermal plants following directives from the Petroleum and Natural Gas Senior Staff Association of Nigeria.

The Executive Secretary of the Association of Power Generating Companies, Joy Ogaji, raised the alarm over the imminent blackout in a WhatsApp message on Sunday.

She revealed that gas suppliers had issued notices to halt supply to thermal power stations in line with PENGASSAN’s strike resolution.

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READ ALSO:Why We Rejected Govt’s Plan To Sell Assets – PENGASSAN President

Good day, all. Thermal GenCos have received notification from our gas suppliers to shut down our thermal power plants following directives from PENGASSAN. The Nigerian Gas Infrastructure Company has specifically requested GenCos to comply,” Ogaji said in the post.

She warned that the development could plunge the country into darkness, as hydroelectric dams alone cannot sustain the national grid.

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Please all be notified of the imminent darkness, as hydros alone cannot sustain the system,” she added.

READ ALSO:PENGASSAN Shuts OML-18 Over Labour Dispute With NNPC Subsidiary

The warning comes hours after PENGASSAN announced that it would commence a nationwide strike on Monday to protest the dismissal of over 800 workers at the Dangote Petroleum Refinery.

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The oil workers’ union, after an emergency National Executive Council meeting on Saturday, directed its members in all oil and gas installations to down tools until the sackings were reversed.

The action could cripple crude production, fuel supply, gas distribution and now electricity generation, worsening the hardship faced by Nigerians.

With thermal stations accounting for more than 70 per cent of Nigeria’s electricity supply, industry experts say the shutdown will trigger widespread outages, stretch hydro plants beyond capacity and heighten the risk of a nationwide system collapse.

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