General
FG’s N5,000 Cash Transfer Scheme Not Effective—World Bank
By Adedapo Adesanya
The World Bank has knocked the federal government’s N5,000 conditional cash transfer scheme, saying it had little impact on household consumption and financial inclusion.
In its latest report Beta Don Come: Effects of Cash Transfers on Women and Households in Nigeria, the global lender said the intervention, which was targeted at the most vulnerable citizens in the country, had a limited impact on employment, especially for women.
Recall that the federal government under former President Muhammadu Buhari launched the National Social Safety Nets Project (NASSP) in 2016 and throughout the administration, it claimed it had provided households with a cash transfer of N5,000, disbursed as a lump sum every two months.
The report, verifying the claim, said payments were given to each household’s primary caregiver — predominantly women.
However, it suggested that there is a need for a complementary livelihood to support the intervention to generate sustainable improvements in households’ self-sufficiency.
“Program participation improved several dimensions of households’ and women’s welfare over time,” a part of the report read.
“Households in communities that entered the program earlier experience larger increases in household savings and food security, along with increased access to farmland and livestock ownership, compared to similar households in communities that entered the program later.
“We also find improvements in caregivers’ self-reported happiness, decision-making autonomy over how to spend their own income, and freedom of movement.
“Positive impacts appear to primarily result from the saving mobilisation component of the program,” it added.
“Households are substantially more likely to save the longer they have been receiving cash transfers and to switch away from exclusively using cash for household consumption.
“However, in contrast to these strong positive impacts, we do not find any statistically significant effects on overall household consumption or on caregivers’ employment and financial inclusion,” it further said.
The World Bank also said that despite the CCT programme’s efficacy, there is no evidence of “the impacts of participating in the program at all”.
“We find positive effects on households’ saving, food security, and economic activity along with increased caregivers’ decision-making autonomy and physical mobility associated with participating in the project for longer periods of time,” the report added.
General
NNPC Remitted N10trn into Federation Account in 2024—Kyari
By Adedapo Adesanya
The chief executive of the Nigerian National Petroleum Company (NNPC) Limited, Mr Mele Kyari, has disclosed that his organisation remitted about N10 trillion into the purse of the federation last year.
Speaking on Wednesday during a presentation on NNPC Limited’s 2024 revenue performance and 2025 projections to the National Assembly’s joint committee on Finance, Mr Kyari the NNPC was the highest taxpayer in the country in 2024 with the N10 trillion paid to the nation, claiming the state-oil company remains the only in Nigeria to publish 100 per cent of its account statements annually.
The NNPC boss also called for a forensic audit of the funds spent by the company on fuel price stabilization and ensuring uninterrupted petrol supply between January and September 2024.
“Until October 1, 2024, NNPCL, as mandated by the Petroleum Industry Act (PIA), acted as the supplier of last resort for fuel supply,” he boasted.
“A forensic audit is needed to determine the financial obligations of NNPCL and any owed entities. Our transactional accounts are transparent and published annually, reinforcing our status as the top taxpayer and the highest contributor of royalties and dividends,” the NNPC chief added.
Regarding the company’s 2025 revenue projections, Mr Kyari indicated that a definitive figure would be provided after the upcoming board of directors meeting in two weeks, assuring the committee that the parameters for the 2025 budget were both realistic and achievable.
Recall that last year, the NNPC claimed that the 125,000 barrels per day Warri Refinery was operating at 60 per cent capacity and will focus on producing and storing critical products, including Straight Run Kerosene (SRK), Automotive Gas Oil (AGO), and heavy and light Naphtha. after the first 110 barrels per day refinery in Port Harcourt was operational.
The NNPC also noted that Kaduna Refinery and the 150,000 barrels per day second refinery in Port Harcourt will consolidate Nigeria’s position as a global energy provider.
General
Amnesty International Demands End to Boko Haram Vicious Killing Spree
By Modupe Gbadeyanka
Boko Haram must put an end to its vicious killing spree in the northern part of Nigeria, the Amnesty International (AI) has declared.
In a statement to condemn the killing of more than 40 civilians by the terrorist group, AI said Boko Haram must be held to account for its years of atrocities, including war crimes in the country.
On Sunday, January 12, 2025, members of the terror organisation attacked the victims on farming communities in Borno State, killing the inhabitants at close range.
In the statement, AI condemned in strong terms “the executions of these civilians which, once again, shows Boko Haram’s utter disregard for the sanctity of human life and for rules of international humanitarian law.”
“Boko Haram must be held to account for its years of atrocities, including war crimes,” the organisation declared in the statement.
“Our findings show that Boko Haram rounded up the farmers and fishermen, separated the men and shot them at close range.
“Those who attempted to flee were pursued and killed while dozens more were injured. A search for dead bodies is still ongoing while a mass burial is being planned for those killed.
“As well as killings targeting civilians, Boko Haram continues to abduct women and girls and extensively loot property.
“The fact that such atrocities remain commonplace shows that more needs to be done to protect civilians and ensure that families of victims receive reparation and justice,” it stated.
Over the weekend, Boko Haram fighters executed over 40 farmers and fishermen at Dumba community near Baga Borno state northeast.
A resident of Baga told AI that dozens of people have been injured and many are missing. Those killed have been buried.
Since 2020, Boko Haram has been targeting farmers and farmers around the Lake Chad. The armed conflict in northeast Nigeria has been ongoing since at least 2011 and it has created a humanitarian crisis, with more than 2 million people displaced, according to the United Nations.
Amnesty International has repeatedly documented crimes under international law and other serious violations of international human rights and humanitarian law committed by both Boko Haram and the Nigerian military in the context of the conflict in northeast Nigeria.
General
NDLEA Lauds Upgrade of Lagos Laboratory by America
By Adedapo Adesanya
The United States government has renovated the laboratory of the Nigerian National Drug Law Enforcement Agency (NDLEA) in Lagos as part of continued efforts to boost Nigeria’s counter-narcotics efforts.
The US government, through the United States Africa Command (AFRICOM) and the Drug Enforcement Administration (DEA), handed over the facility to the agency to complement efforts.
This follows the investment of approximately $500,000 by the American government to modernize and equip the chemical forensic laboratory at the NDLEA zonal office in Lagos in 2024.
The upgraded laboratory, now equipped with cutting-edge technology, enhances the NDLEA’s capacity to analyse suspicious substances and process evidence from crime scenes and suspects.
Acting US Consul General, Ms JoEllen Gorg formally handed over the keys to the new office space to NDLEA Chairman and Chief Executive Officer, Mr Mohammed Buba Marwa, during a ceremony attended by representatives from AFRICOM and the DEA.
Acting Consul General Gorg noted that the donation of a new office, equipped with a solar power system, represents a significant step forward in US-Nigeria security cooperation.
She noted that the new facility will provide NDLEA officers with a secure and professional environment to carry out critical investigative functions, including processing detainees and conducting post-arrest interviews.
“The U.S.-Nigeria security partnership remains strong. This donation is the latest example of the robust and productive cooperation between the U.S. government and the NDLEA,” the Acting Consul General said.
“Over the years, our joint efforts have helped build the capacity of Nigerian authorities to disrupt drug trafficking networks, dismantle clandestine meth labs, and conduct advanced forensic analyses of synthetic drugs,” she added.
On his part, NDLEA Chairman/CEO Marwa lauded the US-Nigeria security cooperation in the fight against illicit drugs and countering narcotics trafficking.
He described the US as a steadfast ally in Nigeria’s fight against drug-related crimes and noted that the collaboration has significantly enhanced the NDLEA’s operational efficiency.
Since the establishment of the NDLEA in 1990, the US Mission to Nigeria has partnered with the agency to combat narcotics trafficking which it has done through training in intelligence, evidence collection, management, and tactical skills, including equipment donation.
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