Vice President Shettima directs speedy disbursement of FG’s N250bn loan to farmers
Vice President Shettima directs speedy disbursement of FG’s N250bn loan to farmers
Vice-President Kashim Shettima, has directed the Presidential Food Systems Coordinating Unit (PFSCU) to ensure the speedy disbursement of Federal Government’s ₦250 billion credit support for smallholder farmers at a single-digit interest rate.
Shettima gave the directive on Thursday during the 6th meeting of the PFSCU Steering Committee, held at the Presidential Villa, Abuja.
He emphasised the need for the PFSCU to come up with an implementation roadmap for the disbursement of the funds.
According to him, it was necessary to avoid further delays and ensure that the target beneficiaries of the initiative were reached.
He said, ” On the Bank of Agriculture ₦250 billion facility, we need to sit down with all stakeholders and come up with a robust roadmap that ensures these funds reach the intended farmers and translate into real productivity gains. “
Shettima commended President Bola Tinubu for granting the PFSCU the political backing to act boldly on priority reforms, notably, the fertilizer raw material liberalization and the Presidential Seed Fund.
” I want to place it on record, our deep appreciation for Mr President’s leadership and guidance.
” His clear directives on fertilizer liberalization and the seed fund have empowered the PFSCU to fast-track delivery in ways that directly support farmers and strengthen our food systems,” he stated.
Shettima commended the PFSCU for the achievements recorded so far and noted that the output of the unit.
He added,” When Federal Ministries, Departments and Agencies, the private sector and development partners align, we can move swiftly from intent to delivery.”
Shettima called for improved collaboration among stakeholders to revitalise the seed sector and expand the strategic grain reserve through the ongoing reform initiative of the Federal Government.
Gov. Biodun Oyebanji of Ekiti , stressed the need to establish a structure to ensure that the N250 billion credit support earmarked for smallholder farmers by the Tinubu administration through the Bank of Agriculture reaches the farmers.
He also called for financial support for the PFSCU, pledging that his state was ready to provide financial assistance to them on a monthly basis.
Gov. Umar Namadi of Jigawa, commended the efforts of the Bank of Agriculture, emphasizing however that there is a need to provide subsidies for local Nigerian farmers.
Gov. Bassey Otu of Cross River, agreed on credit issuance, advising however that local farmers be encouraged with incentives through subsidies.
The PFSCU Coordinator, Ms Marion Moon, underscored the urgency of protecting Nigeria’s fragile food security gains, with 30.8 million Nigerians still food insecure.
She said the unit had recorded significant progress in strengthening coordination and collaboration with MDAs across all three tiers of government. (NAN)
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Rivers Lawmakers fail to resume plenary amid ongoing impeachment proceedings against Gov Fubara
Rivers Lawmakers fail to resume plenary amid ongoing impeachment proceedings against Gov Fubara
The Rivers State House of Assembly, led by Speaker Martin Amaewhule, did not reconvene for plenary on Thursday, a week after adjourning its last session.
During its first sitting of 2026, held last Thursday, the House had initiated impeachment proceedings against Governor Siminalayi Fubara and his deputy, Prof. Ngozi Odu, over alleged gross misconduct. The charges reportedly included the demolition of the state assembly complex and unauthorized spending, among other allegations. That session was adjourned to January 15, 2026.
However, as of noon on Thursday, a visit to the assembly—currently holding sittings at its conference hall along Aba Road—showed no indication that the House would resume.
No official reason has been provided for the delay, and a new date for resumption has not been announced.
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Two killed, others arrested as Police operatives engage hoodlums that attacked ex–Governor’s convoy in gun battle
Two killed, others arrested as Police operatives engage hoodlums that attacked ex–Governor’s convoy in gun battle
Two suspected armed robbers were shot dead following a prolonged gun battle with police at Enugwu Agidi Junction in Dunukofia Local Government Area of Anambra State.
According to the state police spokesperson, Tochukwu Ikenga, the clash occurred between security operatives and hoodlums believed to be armed robbers and cultists with links to a proscribed secessionist group. He said the exchange of gunfire lasted about two hours.
Ikenga disclosed on Thursday that three other suspects escaped during the operation, sustaining varying degrees of gunshot injuries.
He added that items recovered from the scene included one T.06 rifle, two pump-action guns, 24 rounds of T.06 ammunition, 15 live cartridges, assorted criminal charms, a red cult beret, and a black Toyota Highlander vehicle.
He said, “Anambra State Police Command in the early hours of 14th January 2026 recorded another major operational breakthrough in its sustained efforts to rid the State of criminal elements and ensure the safety of lives and property.
“The Police Operatives attached to Rapid Response Squad Awkuzu acting on credible and actionable intelligence, laid an ambush to a 5-man group of armed hoodlums suspected to be armed robbers, cultists, and linked to a proscribed secessionist group at Enugwu Agidi Junction, Dunukofia Local Government Area of Anambra State.
“Upon sighting the Operatives, the suspects engaged the Officers in a fierce gun battle that lasted for two hours which resulted to fatal gun shot injuries on two of the armed suspects, while the other three fled the scene with varying degrees of gunshot injuries.
“The Operatives also recovered One (1) T.06 rifle, two (2) pump-action guns, Twenty-four (24) rounds of T.06 ammunition, Fifteen (15) live cartridges, Assorted criminal charms, One cult red beret and One black Toyota Highlander vehicle.
“Furthermore, while in deep agony, one of the armed suspects confessed the gang members as being part of those who launched an unsuccessful but repelled attack by the Police Operatives on the convoy of former Minister of Labour and Employment, Dr Chris Ngige.
“He also confessed being part of the striking squad of Vikings confraternity on a mission to retaliate the death of one of their members by another rival cult group.
“The Commissioner of Police, Ikioye Orutugu while commending the gallantry of the operatives charged them to intensify efforts to arrest other gang members, particularly those who fled with gunshot injuries during the encounter.
“Meanwhile, hospital or related medical facilities are advised to admit anyone with gunshot wounds or related injuries, but must endeavor to report such to the nearest Police Station immediately.
“Further developments will be communicated as investigations progress.”
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BREAKING: Dollar rain on Super Eagles despite AFCON semi final loss to Morocco
BREAKING: Dollar rain on Super Eagles despite AFCON semi final loss to Morocco
The Chairman of BUA Group, Abdul Samad Rabiu, has commended Nigeria’s Super Eagles for their gallant display at the 2025 Africa Cup of Nations.
He said that the monetary pledged by made him still stands in spite of the semifinal defeat by host Morocco.
Nigeria’s Super Eagles suffered a heartbreaking loss from the 2025 AFCON after losing 4-2 on penalties to host Morocco in a tense semi-final clash at the Prince Moulay Abdellah Stadium, Rabat on Wednesday.
Rabiu praised the players’ courage, unity and determination, describing their performance as worthy of national pride and celebration.
The disclosed this in his official X handle, where he congratulated the Super Eagles for their impressive performance and national pride.
“You fought with your hearts, gave your all, and showed true courage on the pitch. Every Nigerian is proud of you,” Rabiu said.
He noted that results do not always reflect effort, stressing that the team’s fighting spirit and passion resonated strongly with Nigerians at home and abroad.
“Sometimes our best efforts don’t bring the outcome we desire, but the spirit and unity you displayed truly matter.
“I am going ahead with the $500,000 pledge in recognition of your hard work, dedication and the joy you brought to our nation,” he said.
The News Agency of Nigeria (NAN) reports that Rabiu had earlier promised the reward following Nigeria’s 2-0 victory over Algeria in the AFCON 2025 quarter-final.
Rabiu urged the players to remain focused, expressing confidence that the lessons from the tournament would inspire future success.
“Keep your heads high. This experience will fuel greater victories. Nigeria believes in you,” the BUA Chairman said.(NAN)
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