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N500bn Social Intervention Programmes In 2016 Budget Will Reduce Effect Of Fuel Increment – Presidency

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VP Osinbajo Speaks

The Senior Special Assistant to the Vice-President on Media and Publicity, Mr. Laolu Akande on Sunday said with the signing of the 2016 budget, eight million Nigerians will benefit from the N500bn social intervention, thereby, cushioning the effect of the recent hike in fuel.

Akande’s remark was contained in a statement he made available to journalists in Abuja.

He said, “Long before now the Presidency has made adequate arrangements in the 2016 budget to ensure that Nigerians are lifted from poverty and hardship.

“The Buhari Presidency is keen to ensure that Nigerians are lifted and that if necessary on an ongoing basis palliatives measures would always been considered to address the conditions of the people.”

Akande said apart from the social intervention, jobs would also be created by infrastructural projects that would be restored and the new ones that would soon be taking off.

He stated that some of the intervention programmes would soon be taking off.

Listing some of the intervention programmes, Akande said, “The payment of N5,000 monthly to one million extremely poor Nigerians for 12 months for which N68.7bn has been budgeted for; soft loan for 1.76 million traders and artisans for which N140.3bn has been earmarked

“Payment of between N23,000 to N30,000 per month to 500,000 unemployed graduates who would be trained, paid and deployed to work as volunteer teachers, public health officers and extension service workers among other responsibilities.

“Electronic devices to empower youths technologically in their assignments.”

The Vice President’s spokesman also disclosed that N191.5bn has been set aside in the current budget for 100,000 artisans who would be trained.

“5.5 million Nigerian primary school children, starting first in 18 states, three per geopolitical zones-would be fed for 200 school days under the free Homegrown School Feeding Programme for with N93.1bn has been appropriated for.

“100,000 tertiary students in Science Technology Engineering and Mathematics and Education will benefit from the N5.8bn already provided for this education grant in the budget.”

BIG STORY

Adron Homes Chairman Congratulates Oyo State on 50 Years of Progress

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The Chairman and Chief Executive Officer of Adron Homes and Properties Limited, Aare Adetola Emmanuelking, has congratulated the Government and people of Oyo State as the state marks its 50th anniversary, describing the occasion as a celebration of resilience, cultural pride, and sustained progress.

He noted that since its creation, Oyo State has remained a strong contributor to Nigeria’s socio-economic and cultural development, emerging as a hub of commerce, education, and innovation.

According to him, the Golden Jubilee offers a moment for reflection and renewed commitment by government, private sector players, traditional institutions, and citizens toward building a more inclusive and prosperous state.

Aare Emmanuelking commended the state’s ongoing transformation through investments in infrastructure, economic expansion, and human capital development, adding that sustainable growth is deliberate and must remain purpose-driven.

He also praised the leadership of the current administration while acknowledging the contributions of past leaders whose efforts laid the foundation for today’s Oyo State.

Reaffirming Adron Homes’ commitment to national development, he described Oyo State as a land of opportunity. He wished the state continued peace and prosperity, expressing confidence that the next fifty years will bring even greater achievements for the Pace Setter State and its people.

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Resident Doctors Give Federal Government Four Weeks To Meet Demands

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The Nigerian Association of Resident Doctors (NARD) has issued a four-week ultimatum to the federal government to fully implement outstanding agreements on salaries, allowances and welfare.

The decision was taken at the end of the association’s national executive council (NEC) meeting and scientific conference, held from January 25 to 29, 2026, in Jos, Plateau state.

In a communiqué signed by Mohammad Suleiman, NARD president, the association expressed appreciation to President Bola Tinubu, Vice-President Kashim Shettima, and other key stakeholders for their roles in ongoing engagements.

The NEC acknowledged the reinstatement of disengaged doctors at the Federal Teaching Hospital, Lokoja, and commended the intervention of the Ministry of Labour and Employment and the integrated payroll and personnel information system (IPPIS) on the outstanding 25 and 35 percent consolidated medical salary structure (CONMESS) and accoutrement allowance arrears.

NARD also noted that promotion and salary arrears had been forwarded to relevant authorities, with assurances from the minister of finance that payments would be expedited.

However, the association expressed concern over delays in circulating the directive affirming CONMESS 3 as the approved entry level for medical doctors.

It also decried the non-payment of the professional allowance provided for in the 2026 Appropriation Act and persistent salary arrears across several health institutions.

The association warned of worsening industrial relations at the Benue State University Teaching Hospital. It demanded urgent action, alongside calls for improved welfare, timely release of training funds and renewed investment in health infrastructure nationwide.

“The NEC demands the expeditious clearance of the outstanding 25%/35% CONMESS arrears and accoutrement allowance arrears within the assured two weeks, as committed by the Integrated Payroll and Personnel Information System (IPPIS), following the intervention of the Federal Ministry of Labour and Employment,” the communique reads.

“The NEC demands the prompt payment of all promotion arrears already forwarded to the appropriate authorities, in line with the assurances of the Honourable Minister of Finance for payment within the next four (4) weeks.

“The NEC demands the expedited payment of all outstanding salary arrears owed to specific centres, which have been duly forwarded to the Federal Ministry of Finance for processing, within the assured four (4) week timeline.

“After exhaustive deliberations and in recognition of the progress made by the Federal Government towards addressing the legitimate demands of Nigerian resident doctors, the NEC has resolved to extend the suspension of the Total Indefinite Comprehensive Strike (TICS) for a further period of four (4) weeks as a further goodwill gesture, to allow for the full implementation of the Association’s demands.”

The association had earlier suspended its plan to commence another strike on January 12.

The doctors said this was done after firm commitments from critical stakeholders following Shettima’s intervention.

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Lagos Couple Stages Self-Kidnap To Raise Funds For Husband’s US Return Ticket, Arrested With N10m Ransom

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A Lagos-based couple, identified simply as Fred and Goodness, have been arrested for allegedly staging their own kidnap and extorting N10m in ransom from their families and friends.

According to Punch Newspaper, the couple faked the abduction on January 7 to solicit funds for the husband, who intended to return to the United States due to a lack of financial support.

A police source who spoke to our correspondent on Thursday said the suspects contacted relatives on both sides of the family and claimed they had been kidnapped while demanding ransom.

The source added that the families raised N10m within three days, believing the money was meant to secure their release.

“The couple faked their kidnapping, thereby calling on friends and families for contributions towards the ransom payment. And what happened was, according to them, the husband wanted to travel back to the US, and he needed some money, but their sponsors were not forthcoming, so they planned it together that maybe by the time they do that, they’ll be able to raise some money.”

Speaking on their arrest, another police source in the command said the couple arranged a meeting at a school in Cappa, Mushin, Lagos, where the ransom was to be delivered.

“Operatives monitoring the area noticed the woman entering the premises alone, while the man arrived separately moments later. However, suspicion was raised when both suspects later emerged together carrying a bag.

“The operatives stopped them, searched the bag, and discovered the ransom money, prompting their immediate arrest. The wife said she was the one who encouraged the husband to make them plot the kidnap.”

The suspects were subsequently handed over to the police, where investigations confirmed that the incident was a case of self-kidnap.

The state Police Public Relations Officer, Abimbola Addebisi, confirmed the incident.

She said, “The couple will be charged to court upon the conclusion of investigations.”

The incident added to the growing number of self-orchestrated abduction cases uncovered by law enforcement.

 

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