Business
FG to Relaunch Suspended School Feeding Program, Prioritize Education Initiatives – Finance Minister

Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, recently announced plans by the federal government to revive the previously suspended National School Feeding Programme.
This announcement was made during a meeting with the House of Representatives Committee on Alternative Education, which took place on Thursday.
The meeting, as highlighted in a statement by Mohammed Manga, the ministry’s Director of Information and Public Relations, focused on addressing Nigeria’s rising challenge of out-of-school children.
Edun emphasized that the government is fully committed to ensuring that necessary resources are allocated to support and enhance educational initiatives across the nation.
The minister outlined the government’s strategy for boosting access to quality education, particularly through innovative financial programs aimed at resolving the critical issue of millions of children being out of school.
According to him, these initiatives would ensure long-term impact, helping to sustain the country’s educational system while positively affecting the national budget.
Central to Edun’s remarks was the forthcoming relaunch of the ‘Home-Grown School Feeding Program,’ a federal initiative designed to boost school enrollment by providing nutritious meals to children during school hours.
He stressed that providing food to students is not only essential for improving their overall health but also serves as an incentive for children to stay in school.
This, in turn, would help significantly reduce the number of out-of-school children, a pressing issue in Nigeria’s educational landscape.
Furthermore, the minister announced that in addition to the feeding program, the government is exploring other innovative projects such as the “Secretariat for Financing Safe Schools,” aimed at further strengthening Nigeria’s educational system.
These initiatives form part of a broader government effort to make quality education accessible to all Nigerian children, thereby fostering a more promising and prosperous future for the next generation.
It is worth noting that this announcement follows the suspension of several key programs under the National Social Investment Programme Agency (NSIPA) earlier this year.
On January 12, President Bola Tinubu ordered the suspension of all NSIPA-related activities, including the school feeding program, as part of an investigation into alleged mismanagement and irregularities within the agency.
This decision came shortly after the suspension of Halima Shehu, then CEO of NSIPA, on January 2, due to accusations of financial misconduct.
Just days later, on January 8, Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation, who oversaw the operations of NSIPA, was also suspended for similar reasons.
The suspension of these programs, which included N-Power, the Conditional Cash Transfer (CCT), the Government Enterprise and Empowerment Programme (GEEP), and the Home-Grown School Feeding Initiative, triggered public concern.
By March 13, the House of Representatives called on the federal government to restart the suspended social investment initiatives, recognizing their importance to Nigeria’s socio-economic stability.
The House further conducted a probe into the school feeding program, arguing that the outright cancellation of such an initiative could exacerbate the country’s challenges with poverty and education access.
Edun’s recent announcement signifies the government’s renewed focus on addressing these challenges and reaffirming its commitment to ensuring that educational programs, like the school feeding initiative, are adequately funded and sustainable in the long run.
According to the minister, this revival aligns with the administration’s vision of creating a better future for Nigerian children by expanding access to quality education and addressing key barriers that have long plagued the nation’s educational sector.
Business
“Aliko Dangote is Nigeria’s Biggest Debtor” – Dr. Cosmos Maduka Claims

Nigerian Businessman Dr. Cosmos Maduka analyzes popular Billionaire, Aliko Dangote and describes him as the biggest debtor in Nigeria.
The businessman highlighted the fact that people who seem to have the most money are often the largest debtors.
“The number one debtor in Nigeria is Aliko Dangote. He’s the wealthiest man in Africa. The number one debtor in the world is the United States of America and you call them the richest in the world.”
“As you admire all of those things, it’s all credit. It’s all about credit. So you should leverage on loan, but you have to have a good structure that will support that loan.”
Business
Dangote Drops Petrol Price Again as New Rates Start Across Nigeria

Dangote Petroleum Refinery has once again slashed the pump price of petrol across Nigeria, offering some relief to consumers. The new price now falls between N875 and N905 per litre, reflecting a N15 drop. This update was shared on the refinery’s official social media page on Thursday.
According to Dangote, the price cut affects major fuel distributors working with the refinery, including MRS, Ardova, Heyden, Optima Energy, Techno Oil, and Hyde Energy. With this change, Lagos residents will now buy petrol at N875 per litre. Those in the South-South and South-East regions will pay N905, while the South-West sees a new rate of N885.
In the North-West and central parts of the country, it’s N895, and the North-East will also pay N905. Dangote added that their petrol and diesel are not only high-quality but also designed to support engine efficiency and reduce environmental impact.
Business
Dangote Refinery Reduces Petrol Price to N825 per Litre

Dangote Petroleum Refinery has lowered the price of Premium Motor Spirit (PMS), or petrol, to N825 per litre, down from N835, as competition heats up in Nigeria’s fuel market.
This follows last month’s price reduction, when the 650,000 barrels per day refinery dropped the price from N865 to N835. The recent price change is aimed at providing more value to customers while strengthening Dangote’s position as a leader in the domestic market.
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