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
FG Empowers 500 Women and Youths With Agricultural Skills In Ogun State
The Federal Government trains 500 women and youths in food production and agriculture. The programme was started to support food security.
The Federal Ministry of Agriculture and Food Security partnered with the National Horticultural Research Institute (NIHORT).
The women and youths were taught tomato, okra and Telfairia production techniques. The government believes this will help boost agriculture, improve food production and strengthen the economy in Ogun State.
Business
Fuel Prices Continue to Drop Across Some Nigerian Filling Stations
According to reports, fuel stations are reducing their prices a bit. This has become a general thing around Nigeria after the spike due to the removal of subsidy.
The prices are dropping to ₦1,275 and ₦1,299, going lower than ₦1,300 compared to what it was before.
Business
MTN Advances IHS Holding Acquisition Following Shareholder Approval
MTN has moved closer to acquiring IHS Holding, following shareholder approval of the proposed takeover, marking another major milestone in the transaction.
The approval was secured during the Extraordinary General Meeting (EGM) held on 4 August, allowing the deal to progress to the next stage.
If completed, the acquisition is expected to strengthen MTN’s infrastructure capabilities by giving the company greater control over its telecommunications tower assets. Industry analysts believe the move could improve network efficiency, reduce long-term operating costs, and support MTN’s continued expansion across its markets.
The transaction is still subject to regulatory approvals and other closing conditions before it can be officially completed.
