News
Subsidy Palliatives: Sanwo-Olu Flags Off Lagos Food Bank Programme, Targets 500,000 Vulnerable Homes

Lagos State Governor, Bababjide Sanwo-Olu, on Sunday, flagged off the distribution of various palliative items targeted to reach at least 500,000 vulnerable residents.
The measure is geared towards cushioning the effects of the fuel subsidy removal which has affected every sector of the economy.
Sanwo-Olu, speaking at the flag-off held at the Lagos House, Alausa, Ikeja, said the distribution would be done in phases to be handled by special committee set up for effective distribution.
He also urged private sector to support government’s efforts in reaching larger number of residents.
With the move over 2,500 Micro, Small and Medium Enterprises (MSMEs) involved in bag manufacturing, food aggregation, packaging, and logistics, while over 25,000 employees of the MSMEs will be impacted.
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There are two methodologies used in the distribution which include: bulk food items (50kg Rice, 50kg Garri and 100kg Beans) for groups, and food boxes (10kg Rice, 5kg Garri, and 5kg Beans) for individual vulnerable households.
Sanwo-Olu also that Monitoring Committee with members drawn from religious groups, Trade Unions, People with Disability, Civil Society/Non-Governmental organisations, Youth Group, Community Development Councils and representatives of the Lagos State House of Assembly will be constituted to ensure transparency.
According to the governor, the distribution of the food items to vulnerable households will be done through Groups, Institutions, Non-governmental Organisations, Community Development Committees, People Living with Disability and Social Protection Department in the Ministry of Economic Planning and Budget using the Social Register of vulnerable in the State.
The state Government had earlier announced a number of measures which his administration had embarked on aimed at ameliorating the effect of the removal of the subsidy.
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The palliative measures which are already being implemented, Sanwo-Olu stated, includes: a 50.per cent reduction in transportation cost in the government-owned bus system and free health services for pregnant women in Government hospitals among others.
Sanwo-Olu said, “I stand before you all today, deeply aware of the challenges that many Lagosians have been facing with regards to the sharp increases in transportation cost and the prices of essential food items across the State as a direct effect of the policy on the removal of fuel subsidy by the Federal government.
“One of the measures which we announced and being formally flagged off today is the distribution of food items for vulnerable households through the Lagos Food Bank Programme.
“The Strategic goal of this programme is to reach 500,000 vulnerable households in the State with staple food items using two methodologies – bulk food items (50kg Rice, 50kg Garri and 100kg Beans) for groups, and food boxes (10kg Rice, 5kg Garri, and 5kg Beans) for individual vulnerable households.”
To ensure transparency in the implementation of this intervention, a Monitoring Committee with members drawn from religious groups, Trade Unions, People with Disability, Civil Society/Non-Governmental organisations, Youth Group, Community Development Councils and representatives of the Lagos State House of Assembly will be constituted.
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Sanwo-Olu added, “Further to this, distribution will be phased among the various beneficiary groups for ease of the distribution process. In line with this plan, each group will be duly informed of the date for collection.
“Overall, this initiative will directly impact 500,000 benefitting households, over 2,500 Micro, Small and Medium Enterprises involved in bag manufacturing, food aggregation, packaging, and logistics, while over 25,000 employees of the MSMEs will be indirectly impacted.
“I will like to use this opportunity to solicit for the support of well-meaning and public spirited individuals and organisations for this programme so that more of our people in need of this intervention can be reached. Be rest assured that adequate measures have been put in place to ensure that all items received get to the intended beneficiaries,” the Governor stated.
While acknowledging the economic challenges being experience at this time, the Governor stated, “The policies being implemented right now by the Federal government are difficult but necessary measures that must be taken to reposition our economy on the path of sustainable development and prosperity for all citizens.
“I am therefore appealing for the continued understanding of all Lagosians with the assurance that we will do everything within our capacity to implement measures that will cushion this temporary pain as we continue to initiate programmes and projects that will uplift our people and provide quality living conditions to all.”
Speaking on behalf of the beneficiaries at a symbolic ocassion, Mrs Josephine Omolola, Vice Chairman People Living With Disability, PLWD, commended the governor for the laudable programme saying, “onbehalf of the PLWD in Lagos State, I just want to say thank you. You are father with a golden heart. We appreciate for all your support all the time. God will continue to guide you aright throughout your administration and beyond.”
News
Foundation Holds School Debate In Benin To Address Negative Narrative About Education

Osahon Enabulele Foundation, (DOEF), has given reason for organising interschool secondary schools debate in Edo State, saying it was “conceived to tackle the negative narrative surrounding the value of education among the younger generation.”
The Director—General of the foundation, Dr. Osahon Enabulele, stated this at the grand finale of the maiden edition of the debate held in Benin on Wednesday.
The competition, titled: “If education is a scam or not” was informed by the social-economic reality with students demonstrating impressive intellectual competition and depth.
Enabulele stressed that the debate was aimed at promoting intellectual development, encouraging civic engagement and public speaking, and fostering leadership qualities and critical thinking.
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He added that the foundation, established nine months ago, was driven by strategic pillars that include leadership and governance, health, education, policy advocacy and social philanthropy.
According to him, many young people are becoming disillusioned by society’s “defective role modelling” and the “unfortunate reward for individuals with questionable sources of wealth,”
He said, “The debate is totally driven by the Foundation as a deliberate interventionist initiative that seeks to reverse the worrisome negative narrative about education, particularly amongst our upcoming generations, including our youths who are increasingly becoming victims of our society’s defective role modelling and unfortunate reward for individuals with very questionable sources of wealth, with leadership and societal positions. Our younger ones are truly becoming disillusioned as a result of these inanities.
“Some no longer think it is worthwhile to acquire education or task their brains in any way. This debate initiative is therefore our Foundation’s committed efforts to contribute to the reversal of this worrisome trend and mindset affliction.”
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The interschool debate saw Eghosa Grammar School clinching the N1m star prize while other winners were also presented with a certificate of participation, books and other sundry items.
The outstanding speakers during the debate also went home with cash prizes ranging from N100,000 to N200, 000.
News
Trump’s Military Threat: ‘Poor Man Is Already A Sinner’ – Shehu Sani

Former lawmaker, Shehu Sani, has criticised United States President Donald Trump’s approach to global relations, alleging a double standard in the way he engages with different regions of the world.
In a statement posted on X on Wednesday, Sani said Trump had secured a trillion-dollar deal from Saudi Crown Prince Mohammed bin Salman and consistently defended the kingdom, while raising issues of human rights, terrorism and religious persecution only when dealing with African leaders.
According to him, no African, European or Latin American nation could offer Trump the kind of financial leverage that oil-rich Arab states provide.
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Sani’s remarks come amid Trump’s recent threat of military action in Nigeria over allegations of Christian genocide.
The former lawmaker argued that in a materially driven world, “a poor man is already a sinner,” suggesting that economic power continues to shape international attitudes and interventions.
He wrote: “Mr Trump got a deal of a trillion dollar from Bin Salman and defended everything about Saudi Arabia. No African, European or Latin American country can give him that.
“When they are talking with oil rich Arab countries, issues of human rights, executions, terrorism and religion doesn’t come up, until they meet with African leaders and start asking them where they learned ‘how to speak English’. In a material World, a poor man is already a sinner.”
News
Why Nigerians Are Not Feeling Inflation Drop – Economists

Despite Nigeria recording its seventh consecutive month of disinflation, economists and financial analysts have raised concerns that the easing inflation trend has brought little or no relief to Nigerians and households already overwhelmed by high living costs and economic hardship.
The National Bureau of Statistics (NBS) reported that headline inflation slowed to 16.05 per cent in October 2025, down from 18.02 per cent in September, one of the strongest single-month declines this year.
Food inflation also moderated to 13.12 per cent, compared to 16.9 per cent in the previous month.
But economists and analysts insist the improved figures do not reflect the economic reality facing millions of Nigerians.
The Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, said the gains from the latest figures have not translated into real cost-of-living relief because price pressures remain elevated across essential sectors.
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“Inflationary pressures remain elevated in critical household sectors—including food, transportation, housing, utilities, education, and health—which jointly account for 84 percent of inflation,” Yusuf noted.
He attributed the limited impact of disinflation to persistent structural challenges such as high logistics costs, energy constraints, insecurity in food-producing regions and climate-related disruptions that continue to suppress supply.
According to him, “the full welfare benefits are yet to be sufficiently felt by households due to persistent structural constraints.”
Yusuf advised that deeper and sustained reforms across key sectors—supported by coordinated monetary, fiscal and structural policies—are necessary to turn statistical improvements into real economic progress.
‘NBS Inflation Figures Are Flawed’ — Former CIBN President, Okechukwu
In an interview with DAILY POST, Mazi Okechukwu Unegbu, former President of the Chartered Institute of Bankers of Nigeria (CIBN), said the October inflation report is detached from the real-life experience of Nigerians.
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Unegbu insisted the country’s true inflation rate is significantly higher than official figures suggest.
“The inflation figure by the National Bureau of Statistics is flawed because it does not reflect reality. In real terms, the country’s inflation is as high as 29 percent,” he said.
He argued that the persistent rise in the cost of food, rent, transportation, fuel, and other essentials shows that the declining inflation rate “does not make sense” to the average Nigerian.
Why Nigerians Still Feel No Relief — Oyedokun
An economist and a university don, Prof Godwin Oyedokun, said most Nigerians feel no impact from the inflation slowdown because the structural drivers of the cost-of-living crisis remain intact.
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He outlined six reasons why Nigerians are yet to feel the impact of inflation: “Prices are still rising— just more slowly- A drop in inflation does not mean prices are falling. Nigerians are still paying historically high amounts for food, transport, energy and rent.
“Incomes remain stagnant- Wages, pensions and SME earnings have failed to keep up with inflation for two years, weakening purchasing power.
“Key cost drivers remain unresolved- Exchange-rate volatility, high energy costs, logistics inefficiencies, insecurity in food belts and elevated interest rates continue to fuel price increases.
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Inflation expectations are still high- Businesses expect prices to rise further and therefore adjust prices upward in advance.
“State-to-state variations distort relief- Some states still record much higher food and transportation inflation than the national average.
“Poverty levels overshadow economic data- With high unemployment and widespread poverty, even a slowdown in inflation does little to improve household welfare.”
Prof. Oyedokun concluded that “Nigerians have yet to feel any relief because the level of prices— not just the rate of change— remains painfully high, and the structural conditions driving hardship persist.”
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