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

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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.

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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.

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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.

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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.

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Business

OPay Introduces New Security Features for Customers

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Nigerian fintech company OPay has introduced new security features to improve the safety of its application.

The company unveiled the Emergency Lock and Safety PIN features to give customers better control over their funds and provide added protection against fraud and unauthorized transactions.

The Emergency Lock feature allows customers to instantly freeze their OPay account with a single tap whenever they sense a threat or believe their account may be at risk.

The newly launched Safety PIN introduces an additional layer of security, helping customers protect themselves in situations where they may be forced to make a transfer or payment against their will.


 

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Nigeria’s Agricultural Sector Cannot Thrive Without Investment – FG

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The Federal Government of Nigeria has spoken on the agriculture sector of the country and shared that, in its current state, it needs more capital as it cannot stand alone without it.

They stated that even more capital will be needed in order to transform the agricultural sector and improve food production in Nigeria.

“Relying solely on public capital will not suffice to finance the transformation of Nigeria’s agricultural sector. Similarly, private capital will not be mobilised at the necessary scale unless the associated risks are comprehensively understood, appropriately allocated, and effectively managed.”


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Dangote Refinery Increases Petrol and Diesel Prices

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It has been noted that there is now an increase in fuel all around Nigeria, from … to 1000 plus in fuel stations.

It was also noted that Dangote Petroleum Refinery increased the price to 1,175 per litre and diesel has been increased to 1,620 per litre.

This new spike in fuel increase has caused Nigerians to lament widely, wondering why this change happened all of a sudden.


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