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Tinubu Working To Move Nigerians Out Of Poverty – Finance Minister

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The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun has said that President Bola Tinubu is charting a way to move a lot of Nigerians out of poverty.

He stated this in Bauchi on Monday, during the opening ceremony of the 2024 National Council on Finance and Economic Development (NACOFED)’s conference.

According to him, the president is leaving no stone unturned in order to ensure that life is made easy for Nigerians by coming up with policies and programmes that would be beneficial to all.

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“President Tinubu’s administration inherited assets and liabilities and there was no looking back but it’s a question of charting a way of looking forward and making plans in order to first of all stabilise the economy.

READ ALSO: S ’Africa, Seven Countries Queue To Lift Dangote Refinery Fuel

“He is working hard to get investments through private sector investors both domestically and foreign direct investors to increase the productivity of Nigeria, grow the economy, create jobs and of course move a large number of people out of poverty.

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“When you try to look at where we are now, essentially, the major macro economic reforms are in place.

“He has stopped the bleeding that was costing five per cent of the GDP of the country every year that was adding no value except to a few people and neighbouring countries that were benefiting from what was happening with the fuel subsidy and as well, a related foreign exchange subsidy.

“The benefits were saved for just a few and a mass of Nigerians were not getting any benefits from those structures.

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READ ALSO: How My Friend Ruined My Marriage – Actress Ronke Odusanya

“They have been removed and the federation account will benefit from increased flow of resources to the federal, states and local governments and so much more can be done in terms of investing not just in infrastructure but in social services like education and health,” he said.

The Minister assured that the road is clear for private sector investors and that the country is back in the business on the road to industrialisation based on what is happening in the petroleum refining sector.

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He said that crude oil is not just being shipped abroad but it’s being refined locally to give petroleum products and raw materials for industry.

He called on all Nigerians to be encouraged that the country now has a more stable, sustainable macro economic environment that is friendly to investors.

READ ALSO: Three Rivers Policewomen Arrested For Extortion

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This, he said, would make it possible not only for them to produce competitively for the domestic market but also to export.

He appreciated all the organisers of the conference for all the efforts put in place to make the consequence a reality and also thanked Gov. Bala Mohammed for his hospitality and warm welcome to all the delegates that turned up the conference.

Also, the Bauchi state governor said that hosting the event is a privilege and has proven the importance of collaboration in addressing the economic challenges and opportunities before the country.

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READ ALSO: Court Fixes Date To Hear Alleged Misappropriation Case Against Ganduje

He assured that the government spared no efforts to ensure that the event surpasses expectations.

“Your presence is a testament to your commitment to advancing Nigeria’s financial and economic landscape.

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“I urge all the participants to contribute constructively to the benefit of all Nigerians,” he advised.

The theme of the conference is: Fostering Economic Growth in Challenging Times: Strategies for Policies and Partnership for Fiscal Sustainability & National Development.

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Oba of Benin Renews Bond With Ancestral Relations, Nigerians During Emorhọ Feast

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The palace of the Oba of Benin was agog with activities during the 2025 Emorhọ fest, declared by Omo N’Oba N’Edo Uku, Uku Akpolokpolo, Ewuare II, Oba of Benin as part of activities to mark the ancient Emorhọ, otherwise known as the ‘New Yam Festival’.

Oba of Benin, who reenacted the age-long festival, renewed the bond that exist between him and his ancestral relations from Issele-Uku in Aniocha North Local Government Area of Delta State at the event, which attracted dignitaries, including Benin people, indigenes and non-indigenes across Edo State.

Members of the Benin Royal family, Edionwere (village heads), youth leaders across the various communities in Benin, market women group, palace chiefs, traditional priests and priestesses in Benin, were also in attendance.

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READ ALSO:Oba Of Benin Declares Two-week Fasting, Prayer For Edo

A special prayer offered on behalf of the palace by Chief Enorense Ozigbo-Esere, the Osuma of Benin, paved the way for the commencement of the feast, where Secretary to the Benin Traditional Council, Frank Irabor, welcomed guests and highlighted the essence of the gathering.

Speaking in an interview, Oba Ewuare younger ancestral relations from Issele-Uku led by Chief Michael Odiakosa, expressed delight for the privilege to be part of the historic celebration.

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He explained the relationship between Benin and Issele-Uku, reaffirming that, “Issele-Uku is an extension of Benin Kingdom. We are all descendants of Benin. So, we are at home”.

READ ALSO:Oba Of Benin Ushers In ‘Emorọ’

We are in a safe place. We came to celebrate the festival with our father, the Omo N’ Oba, and we are happy to be here”, Odiakosa said.

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On his part, 99-year-old Pa. Paul Osarumwense Oyemwen, the Odionwere of Orior-Ozolua community in Uhunmwode LGA who thanked the Oba for the gesture, said the festival is not new in Benin and it’s devoid of sacrifices.

Expressing her appreciation to the Oba of Benin, the ‘Edo markets leader’, Pastor (Mrs) Josephine Ibhaguezejele, noted that members of the group have been waiting anxiously for the opportunity to partake in the yearly festival, while praying God that the blessings of the festival to transform lives.

Also speaking, Pa. Daniel Osunde, the Odionwere of Idumwun-owina, N’ Iyeke-orhiomwon, also prayed for the Oba and thanked the first Class traditional ruler for his foresight.

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Excited guests in their numbers were fed with African delicacy, amid dancing and jubilation, while members of Isikhian women group who gave a good account of their stewardship, were not left out in the celebration by the Oba who rewarded them with cash gift and other items in acknowledgement their duties in Benin.

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Okpebholo Poised To Surpassing People’s Expectations — Edo Deputy Gov

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Edo deputy governor, Hon Dennis Idahosa has assured that the Governor Monday Okpebholo-led administration is poised to surpass the expectations of the people of the state in terms of campaign promises fulfilment.

Idahosa said that the administration had hit the grand running right from the day of inauguration by identifying and prioritising the key areas of the SHINE agenda for implementation.

A statement by Mr Friday Aghedo, Chief Press Secretary to the deputy governor, said Idahosa spoke when he received the prestigious Peace Ambassador Award from the International Association of World Peace Advocates (IAWPA).

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The award ceremony held at the deputy governor’s office during a courtesy visit by the leadership of the IAWPA led by the President, Amb. Per Stafsen, the South-South Coordinator/Edo state Director, Amb. Amos Areloegbe, and other zonal representatives.

READ ALSO:Okpebholo Warns Companies Against Fuelling Edo–Delta Boundary Dispute

“We pray, by the grace of God, Edo State will surpass the expectations of the people when we are through with our tenure,” he declared.

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Idahosa described the recognition as a source of pride, not just for him, but for the Governor Monday Okpebholo-led administration.

Governor Okpebholo is a man of peace, and his government stands firmly for peace. This award is a validation of his unwavering commitment to building a safe and harmonious Edo State,” he said.

The Deputy Governor emphasized that peace and security remain central pillars of the government’s five-point SHINE agenda, noting that collaboration with traditional institutions, religious leaders, and civil society organizations has been vital in sustaining stability across the state.

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Peace is extremely important in any society. Where there is peace, there is security; where insecurity prevails, peace cannot exist.

“This recognition today strengthens our resolve to continue being ambassadors of peace,” Idahosa stated.

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On his part, Amb. Amos Areloegbe noted that IAWPA, a United Nations–certified body aligned with the 17 Sustainable Development Goals (SDGs), deliberately chose Edo State to commemorate the International Day of Non-Violence on October 2.

According to him, “Edo State remains one of the most peaceful states in the federation, hence our choice to celebrate here.”

The investiture was hailed by observers as not only an honour to Idahosa but also as an acknowledgment of Edo’s growing reputation as a bastion of peace under Governor Okpebholo’s leadership.

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Ogoni Women Protest Resumption Of Oil Production, Demand Accountability In $1Bn Cleanup Funds

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Ogoni women drawn from all works of life have come out to protest against the resumption of oil production in the area without proper negotiation.

The women expressed anger over the non-transparent nature of the entire oil resumption exercise, accusing the government of attempting to manipulate them into giving up on their demands as expressed in the Ogoni Bill of Rights (OBR).

The women further demanded that the Nigerian government account for $300million Ogoni infrastructure development fund which is alleged to have been diverted by some key government personalities in alliance with some Ogoni leaders.

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They further demanded accountability for the $1Billion Ogoni cleanup funds which they said is a failed project.

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The women, who marched on the streets of Bori, the traditional headquarters of Ogoni, accused the government of neglecting the core demands of the Ogoni people including the demand for the creation of a Bori State and compensation for livelihood losses due to decades of devastating oil spills in the lands.

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“We lost everything, crops, drinking water sources, food and farming lands and we now live with strange illnesses which ultimately will lead to our death. No one is interested in all that. The only thing the government is interested in is our oil resources. We reject the insensitivity of the government and we want to be heard”; one of the protesters who pleaded anonymity told Ogoninews.

Another speaker, Mrs Helen Huoma said the plot to resume oil production in Ogoni is deceptive.

“The oil industry people are always lying. They will tell us something and do another. When we ask our MOSOP leaders, they tell us they know nothing about what the government and the oil industry are doing. It’s all a bunch of confusion and deceit. We will resist this move because we paid heavily to give Ogoni a name and the pride it has today”

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A woman identified as Janet from Gokana Local Government Area alleged that the Nigerian government has never been interested in the welfare of the Ogoni people.

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She alleged that the government had only been interested in the oil and after that, they appeased political leaders with contracts to suppress local residents.

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“All they do is deceive the Ogoni people and we continue to suffer in the midst of abundant natural resources. If they can divert $300million, then how can we trust them? Before we start, let them account for the $300 million and the cleanup program which, at least, should have solved some basic problems.”

The Nigerian President, Bola Ahmed Tinubu had recently directed the National Security Adviser, Nuhu Ribadu to engage the NNPC Limited and work out modalities for the resumption of oil production in Ogoni. This directive followed a meeting with some Ogoni leaders in Aso Rock, Presidential Villa.

The president had also recently granted pardon to the Ogoni nine including Ken Saro-Wiwa and to four Ogoni leaders who were murdered on May 21, 1995. The Abacha regime had blamed Ken Saro-Wiwa for the murders and executed him along with 8 others on November 10, 1995 despite global outcry acknowledging their innocence.

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Following the executions, a United Nations fact finding team visited Nigeria. The team acknowledged that the entire trial process was flawed and noted that Nigeria did not even follow the minimal prescription of its own laws in the conduct of the trial.

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