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Hardship: Okonjo-Iweala Meets Tinubu, Advocates Social Protection Measures

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The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has urged the Federal Government to establish social safety nets to cushion the impact of President Bola Tinubu’s economic reforms on vulnerable Nigerians.

Okonjo-Iweala stated this on Thursday after a meeting with the president at the Aso Villa in Abuja.

Though she commended the president for the economic reforms including petrol subsidy removal and the unification of the foreign exchange windows, the former Nigerian finance minister said the government must put social safety nets in place for poor Nigerians to cope with the economic hardship occasioned by the government’s reforms.

 

A vendor counts her money as a girl looks on at the Lokoja International Market in Lokoja on October 21, 2024. (Photo by OLYMPIA DE MAISMONT / AFP)

In a chat with newsmen after her meeting with the president, the WTO boss said, “We think that the President and his team has worked hard to stabilised the economy. You cannot really improve an economy unless it is stable. So, he has to be given the credit for the stability of the economy. The reforms have been in the right direction.

“What is needed next is growth; we now need to grow the economy and we need to put in social safety nets so that people who are feeling the pinch of the reforms can also have some supports to weather the hardship. That’s the next step.”

Tinubu, who launched a string of economic reforms when he assumed office in May 2023, has come under heavy criticisms in over two years, as many Nigerians have attributed soaring food inflation and skyrocketing cost of living to majorly his removal of petrol subsidy and the unification of foreign exchange windows.

FILE: People wait to refill their jerrycans and fuel tanks at a fuel station in Lagos on September 4, 2024. (Photo by FAWAZ OYEDEJI / AFP)

Angry citizens have held a number of rallies to protest the hardship faced by the middle class and ordinary citizens in the last two years, the most prominent of them being the hunger protests or #EndBadGovernance demonstrations of August 2024.

 

#EndBadGovernance protesters around Gani Fawehinmi Park on Sunday, August 4, 2024. Credit: Dare Idowu

The Nigerian president’s meeting with Okonjo-Iweala came two weeks before the expiration of her first term as WTO boss on August 31, 2025, and the commencement of her second term on September 1, 2025.

The renowned development economist and global finance expert made history in 2021 as the first African and first woman to lead the 164-nation-member WTO.

The WTO boss, who was in company of Trade Minister Jumoke Oduwole, also briefed the president on the progress made on the Women’s Exporters’ Fund for the digital economy.

Okonjo-Iweala said, “We came to brief him about something very joyful that we did today with the help of the first lady.

“We launched a Women’s Exporters’ Fund for the digital economy. This is a fund that is jointly managed by the World Trade Organisation and the International Trade Centre and support women to weather the storms of the economy and create jobs for themselves.

“It is part of the thinking of social safety net and what we can do to support Nigerian women to contribute more to the economy and to themselves.

“Nigeria competed and one, one of four countries that won globally to be part of this initiative.

“We have 67,000 Nigerian women who applied for this and 146 of them won and they are going to have money disbursed directly to them.

“16 of them won what we called the Booster Track; those who already have businesses but their businesses would be scaled up. They would receive technical and business supports from the WTO and the ITC for 18 months.

“Another 100 would get $5,000 each to start and strengthen their businesses, with 12-month reforms.”

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NIBAD 2026: Abike Dabiri To Take Centre Stage As Bunmi Ebony, DJ X-One Host Baltimore Event

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The Chairman and Chief Executive Officer of the Nigerians in Diaspora Commission (NiDCOM), Hon. Dr Abike Dabiri-Erewa ( OON) has been scheduled for honour, among other awardees, at the 2026 and the 6th edition of the annual Nigerian Independence Ball, Awards, and Dinner (NIBAD),billed to hold in Baltimore, Maryland, on the 18th of October .

 

At the instance of Naija Times USA and Raindrop Group led by Olaniyi Thompson Tabi, activities marking the 6th edition of NIBAD commenced on the 3rd of October with Independence carnival in Maryland.

As part of the expanded 6th edition, the Annual Independence stage play titled ‘Your Excellency Sir!’ …The saga of a nation, written and directed by Olaniyi Thompson Tabi, was showcased at a very colorful event on the 9th of October.

Designed to be an unforgettable celebration of Nigeria’s 66th Independence celebration, the grand finale of the celebration is billed for Sunday, the 18th of October, 4.00pm, at Gabriel Community Centre, 6948, Dogwood Road, Windsor Mill, MD 21244.

The evening will not only commemorate Nigeria’s rich history and vibrant culture but will also spotlight the exceptional contributions of Nigerians at home and abroad in various fields such as business, healthcare, education, community service, and more.

The evening will feature a grand awards ceremony to honor those who have demonstrated leadership, innovation, and dedication in their respective industries. Among them, Dr Dabiri- Erewa

Hon. Dr. Abike Kafayat Oluwatoyin Dabiri-Erewa (OON) is a prominent Nigerian politician, public administrator, and former broadcast journalist who has been able to show leadership since her appointment as the Chairman and Chief Executive Officer of the Nigerians in Diaspora Commission (NiDCOM).

To add colour to the event also, is

Dj X-One, reputed as the best Disc Jockey in the DMV area. Bunmi Ebony, a fast rising Juju Artiste in Atlanta will also be on the bandstand to thrill guests at the event to celebrate Nigeria.

 

****About NIBAD: The Nigerian Independence Ball, Awards, and Dinner (NIBAD) is an annual event that celebrates Nigeria’s Independence while recognizing the achievements of Nigerians in the diaspora. NIBAD aims to highlight the cultural pride, resilience, and accomplishments of Nigerians globally, bringing together community leaders, professionals, and influencers for an evening of celebration, inspiration, and unity.

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DPO Sacked Over Renovation Of Police Post By Suspected Cultist

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The Rivers State Police Command under CP Olugbenga A. Adepoju has condemned the purported renovation of the Abuloma Police Outpost by suspected cultists and ordered a full investigation into the incident.

 

Police Public Relations Officer (PPRO) of the command, ASP Blessing Agabe disclosed this in a Friday statement.

She said the command’s action follows a trending social media report and circulating video alleging that suspected cultists renovated the outpost and visited the facility on Thursday, October 15, to celebrate completion of the renovation.

The command said it “strongly condemns any action or association capable of compromising the integrity, discipline and professional standards of the Nigeria Police Force or conferring legitimacy, recognition or acceptance on suspected cult groups or other unlawful organisations.”

It added, “Police facilities are public institutions established for the protection of citizens and the enforcement of law and must not become platforms through which criminal groups seek public validation or influence.”

The command said CP Adepoju maintains zero tolerance for criminality and any conduct that undermines public confidence in the police.

Consequently, he has queried and relieved the Divisional Police Officer in charge of Abuloma Division and the Divisional Officer overseeing the affected outpost of their duties pending investigation.

The CP has also ordered a full investigation to establish the circumstances surrounding the incident and the veracity of the allegations, including the identities and backgrounds of the individuals or groups who financed or facilitated the renovation; the police officers who authorised or approved the project; whether due procedures were followed; whether any officer breached professional standards or compromised the integrity of the force; and the extent of any involvement by police personnel.

The command said while it welcomes legitimate community support for improving police facilities, consistent with Section 26(1)(d) of the Nigeria Police Act 2020, which provides for gifts and contributions to the Police General Fund, such support must not compromise police independence, professional standards or security.

“No donation or assistance confers immunity from investigation or prosecution,” the command stated, adding that the investigation will establish whether necessary approvals were obtained and appropriate checks conducted on those who financed the renovation.

It reiterated that it would not condone unprofessional conduct or any form of improper association with criminal elements and that appropriate disciplinary and legal action would be taken against anyone found culpable.

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Police Confirm Kidnap Of Catholic Priest In Benue

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The Police Command in Benue State has confirmed the abduction of Rev. Fr. John Otache, Parish Priest of St. Margaret’s Parish, Ajegbe-Awume, in Ohimini Local Government Area of the state.

 

The Police Public Relations Officer, DSP Aondogu Orchia confirmed the incident on Friday in Makurdi.

Orchia said the command had commenced full investigation into the incident and efforts were ongoing to rescue the priest.

Meanwhile, the Catholic Diocese of Otukpo, in a statement signed by the Diocesan Chancellor, Rev. Fr. Joseph Itodo, said the priest was abducted on October 13.

According to Itodo, Otache was returning home from Otukpo when he encountered the abductors along the Otobi Amejo-Ajegbe Road in Ohimini Local Government Area.

He expressed sadness over the incident, saying the Bishop of Otukpo, Most Rev. Michael Apochi, was deeply pained by the development.

He called on priests, religious members, the laity and other well-meaning individuals to pray for the priest’s safe and speedy release.

He also urged prayers for other persons held by kidnappers across the country, expressing hope for their safe return.

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