General
FG Releases Rice, Maize, Others to Crash Food Prices
By Adedapo Adesanya
To address the rising food prices in the country, the federal government has released 102,000 metric tonnes of rice, maize, millet, and garri from the nation’s reserves and stores of rice millers to the Nigerian market.
This came after a three-day meeting of the Special Presidential Committee on Emergency Food Intervention, headed by Chief of Staff to the President, Mr Femi Gbajabiamila, at State House, Abuja.
It was also agreed that it would henceforth clamp down on hoarders of food items in the country, stressing that it may import commodities as a last resort in efforts to address the current shortages.
After the meeting at State House, the Minister of Information and National Orientation, Mr Mohammed Idris, said while the Federal Ministry of Agriculture and Food Security would make available 42,000 metric tonnes of maize, millet, garri, and other commodities, the rice millers, through their association, would release 62,000 metric tonnes of rice from their reserves.
“The first one is that the Ministry of Agriculture and Food Security has been directed to immediately release about 42,000 metric tons of maize, millet, garri, and other commodities in their strategic reserve so that these items will be made available to Nigerians.
“The second one is that we have held meetings with the Rice Millers Association of Nigeria, those who are responsible for producing this rice, and we have asked them to open up their stores.
“They’ve told us that they can guarantee about 60,000 metric tons of rice. This will be made available and we know that is enough to take Nigerians for the next one month to six weeks, perhaps, up to two months. They’ve agreed that they will make that available to Nigerians to bring it out to the market so that food can be made available.
“Now, the whole idea of this is to crash the cost of these food items. And these are measures that will happen immediately.
“42,000 metric tons from the strategic government reserve, about 60,000 metric tons of rice from the rice millers association, they have them in all their storage facilities and government, in conjunction with them, after this exhaustive meeting, has directed that they also bring this out immediately so that the price of rice will come down significantly.”
FG Mulls Import as Short-Term Solution, Investment, and Sanctions
The Minister also disclosed that as a last resort government might import commodities to augment available supplies.
“Now, the third item is that the government is also looking at the possibility, if it becomes absolutely necessary as an interim measure on the short run, to also import some of these commodities immediately so that these commodities can be made available to Nigerians within the next couple of weeks.”
Mr Idris stressed that the government had firmed up arrangements to invest massively to have a better farming season, in conjunction with farmers and other stakeholders.
“Now, with all these emergency measures, there is, of course, a directive to the Federal Ministry of Agriculture and Food Security to invest massively, in conjunction with Nigerian farmers and other producers, so that we can have better season coming up shortly.
“We all know that dry season farming is happening, that will take effect very shortly, and that we hope will also contribute, because as soon as the dry season farming gets underway, it is the hope of government that food prices will also come down.
“In the long run, the Federal Ministry of Agriculture is going to invest massively, so that Nigeria will recover its potential as a food basket and we don’t expect that going forward, we are going to be faced with these challenges again.”
He also disclosed that government would view seriously any attempt to hoard the food items, saying, “Government, of course, is also looking at all those who are hoarding these commodities, because, actually, these commodities are available in the stores of many traders.
“Government is appealing to them, that they should open up these stores, make these commodities available in the interest of our nation. There is no point when the whole country is looking for this food, you are locking up these products so that you make more money and then Nigerians suffer.
“Of course, the government will not fold its arms. We know where all these major traders are. We know where all these major stores are. And if they don’t respond by bringing these commodities to the market, the government will take appropriate measures to ensure that these products are made available to Nigerians.”
On possible sanctions against those hoarding food products, Mr Idris said, “You cannot hold the nation to ransom. You cannot have these commodities and you’re hoarding them in your stores, when we all need them. We are in an emergency situation and we will take emergency measures to make sure that this food is available to Nigerians.”
General
Senate Passes Electoral Act Amendment Bill, Blocks Electronic Transmission of Results
By Modupe Gbadeyanka
The Senate on Wednesday passed the bill to amend the Electoral Act of 2022 after delays, which almost pitched the institution against several Nigerians.
Last week, the upper chamber of the National Assembly headed by the Senate President, Mr Godswill Akpabio, set up a panel to look into the matter, with the directive to submit its report yesterday, Tuesday, February 3, 2026.
However, after the report was submitted yesterday, the red chamber of the parliament said it was going to take an action on it on Wednesday.
At the midweek plenary, the Senate eventually passed the Bill for an Act to Repeal the Electoral Act No. 13, 2022 and Enact the Electoral Act, 2025.
However, some critical clauses were rejected, including the proposed amendment to make is mandatory for the Independent National Electoral Commission (INEC) to transmission election results electronically from polling units to the INEC Result Viewing (IReV) portal.
The clause was to strengthen transparency and reduce electoral malpractice through technology-driven result management.
It also rejected a proposed amendment under Clause 47 that would have allowed voters to present electronically-generated voter identification, including a downloadable voter card with a unique QR code, as a valid means of accreditation.
The Senate voted to retain the existing 2022 provisions requiring voters to present their Permanent Voter’s Card (PVC) for accreditation at polling units, and upheld the provision mandating the use of the Bimodal Voter Accreditation System (BVAS) or any other technological device prescribed by the electoral umpire for voter verification and authentication, rather than allowing alternative digital identification methods as proposed in the new bill.
The Senate also reduced the notice of election from 360 days to 180 days, with the timeline for publishing list of candidates by INEC dropped from 150 days to 60 days.
General
Amupitan Says 2027 Elections Timetable Ready Despite Electoral Act Delay
By Adedapo Adesanya
The Independent National Electoral Commission (INEC) has completed its timetable and schedule of activities for the 2027 general election, despite pending amendments to the Electoral Act by the National Assembly.
INEC Chairman, Mr Joash Amupitan, disclosed this on Wednesday in Abuja during a consultative meeting with civil society organisations.
Mr Amupitan said the commission had already submitted its recommendations and proposed changes to lawmakers, noting that aspects of the election calendar might still be adjusted depending on when the amended Electoral Act is passed.
He, however, stressed that the electoral umpire must continue preparations using the existing legal framework pending the conclusion of the legislative process and presidential assent to the revised law.
According to him, the commission cannot delay critical preparatory activities given the scale and complexity involved in conducting nationwide elections.
The development highlights INEC’s commitment to early planning for the 2027 polls, even as stakeholders await legislative clarity that could shape parts of the electoral process.
Yesterday, the Senate again failed to conclude deliberations on the proposed amendment to the Electoral Act after several hours in a closed-door executive session. The closed session lasted about five hours.
Lawmakers dissolved into the executive session shortly after plenary commenced, to consider the report of an ad hoc committee set up to harmonise senators’ inputs on the Electoral Act Amendment Bill.
When plenary resumed, the Senate President, Mr Godswill Akpabio, did not disclose details of the discussions on the bill.
Despite repeated executive sessions, the upper chamber has yet to pass the bill, marking the third unsuccessful attempt in two weeks.
The Senate, however, said it will not rush the bill, citing the volume of post-election litigation after the 2023 polls and the need for careful legislative scrutiny.
Last week, the red chamber of the federal parliament constituted a seven-member ad hoc committee after an earlier three-hour executive session to further scrutinise the proposed amendments.
General
REA Expects Further $1.1bn Investment for New Mini Power Grids
By Adedapo Adesanya
The Managing Director of the Rural Electrification Agency, (REA), Mr Abba Aliyu, is poised to attract an estimated $1.1 billion in additional private-sector investment to further achieve the agency’s targets.
He said that the organisation has received a $750 million funding in 2024 through the World Bank funded Distributed Access through Renewable Energy Scale-up (DARES) project.
He added that this capital is specifically intended to act as a springboard to attract an estimated $1.1 billion in additional private-sector investment, with the ultimate goal of providing electricity access to roughly 17.5 million Nigerians through 1,350 new mini grids.
Mr Aliyu also said that the Nigeria Electrification Project (NEP) has already led to the electrification of 1.1 million households across more than 200 mini grids and the delivery of hybrid power solutions to 15 federal institutions.
According to a statement, this followed Mr Aliyu’s high-level inspection of Vsolaris facilities in Lagos, adding that the visit also served as a platform for the REA to highlight its decentralized electrification strategy, which relies on partnering with firms capable of managing local assembly and highefficiency project execution.
The federal government, through the REA, underscored the critical role the partnership with the private sector plays in achieving Nigeria’s ambitious off-grid energy targets and ending energy poverty.
Mr Aliyu emphasized that while public funds serve as a catalyst, the long-term sustainability of Nigeria’s power sector rests on credible private developers who are willing to invest their own resources.
He noted that public funds are intentionally deployed as catalytic grants to ensure that the private sector maintains skin in the game which he believes is the only way to guarantee true accountability and the survival of these projects over time.
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