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Nigeria Will Continue to Prioritise Social Investments, Tinubu Assures

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President Bola Tinubu has reaffirmed his administration’s commitment to prioritizing the welfare of the poor and vulnerable as Nigeria implements far-reaching economic reforms.

Tinubu made this declaration on Wednesday night in Rio de Janeiro, Brazil, during a meeting with Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), on the sidelines of the G20 Leaders’ Summit.

In a statement released Thursday by Bayo Onanuga, Special Adviser to the President on Information and Strategy, Tinubu acknowledged the strain the reforms have placed on Nigerians’ purchasing power.

He assured Georgieva of his government’s efforts to provide social safety nets to cushion the effects.

“We are beginning to see positive outcomes from our reforms, and the Nigerian people now understand their significance. However, we must ease the hardships these reforms have caused,” Tinubu stated.

The President also congratulated Georgieva on her re-election as IMF Managing Director and sought institutional support for Nigeria’s stability and sustainable growth.

He emphasized the urgent need for educational initiatives to address the country’s high rate of out-of-school children, highlighting education as a key pathway out of poverty.

“There are too many children out of school. We are developing strategies and incentives to ensure they remain in school, and we need your support in this critical area,” he told Georgieva.

Tinubu further underscored the importance of infrastructure development and tax reforms to boost the economy.

He emphasized the need for broadening the tax base without increasing the burden on those already paying taxes.

“We are educating stakeholders and the public on the need for a broader tax base to achieve inclusive developmental growth. Your support in this area will be invaluable,” he added.

In response, Georgieva commended Tinubu’s economic reforms and noted the positive indicators emerging as a result. She assured the President of the IMF’s continued support in diversifying Nigeria’s economy and praised the administration’s social investment programs targeting vulnerable populations.

Georgieva highlighted the IMF’s focus on supporting vulnerable societies and emerging economies, clarifying its role in fostering resilience against global economic shocks.

She noted that the IMF has provided nearly $1 trillion to global economies over the past two years, especially to help developing nations navigate post-pandemic challenges.

“Developing nations have faced immense difficulties in managing these shocks. Our focus is on helping these countries build resilient institutions to mitigate future global crises,” she said.

Georgieva also informed Tinubu of the IMF Executive Board’s approval of a third chair for Sub-Saharan Africa, a move aimed at amplifying Africa’s voice within the organization.

She congratulated Nigeria for successfully hosting the IMF’s African Caucus meeting in Abuja in August and emphasized the need for stronger regional economic ties, pledging the IMF’s support for such initiatives.

As part of her remarks, Georgieva expressed her intention to visit Nigeria soon and reiterated the IMF’s readiness to provide technical assistance in budgeting processes to help Nigeria achieve optimal outcomes from its economic reforms and loans.

“Every country has the right to benefit from the IMF after thorough analysis of its priorities. We are committed to ensuring Nigeria achieves its goals,” she concluded.

Abuja Reports

Atoyebi Adewumi Wins 4th National Essay Competition, Beats 2,000 Contestants

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By Samson Adeyanju

Atoyebi Adewumi has emerged winner of the fourth edition of the National Essay Competition, beating more than 2,000 contestants in an intellectual contest aimed at promoting academic excellence, critical thinking and creative writing among young Nigerians.

The competition, which focused on the relevance of taxation to national development, challenged participants to examine the role of tax revenue in financing public services, stimulating economic growth and strengthening the relationship between government and citizens.

The initiative provided a platform for young Nigerians to demonstrate their writing skills, articulate informed perspectives on national issues and contribute ideas towards building a more responsible and progressive society.

Speaking after being declared winner, an elated Adewumi expressed gratitude to the convener, Foluso Sylvanus Ojo, and the organising team for providing young Nigerians with an opportunity to showcase their intellectual abilities.

“I am so glad, very, very glad, to have this privilege of emerging as the winner. I am grateful to the convener and the entire team, as well as everyone who supported this vision,” Adewumi said.

In his remarks, Ojo expressed concern over the tendency to criticise the attitudes and lifestyles of younger generations without providing adequate opportunities to nurture their talents and channel their energies towards productive pursuits.

He called on the government, corporate organisations and nongovernmental organisations to invest more in educational initiatives that promote intellectual excellence, creativity and responsible citizenship.

According to him, sustained investment in academic competitions and youth development programmes would encourage discipline, innovation and a stronger commitment to national development.

Drawing a comparison with the substantial cash prizes awarded in some reality television competitions in Nigeria, Ojo argued that students and intellectually gifted young Nigerians deserved greater recognition, financial support and encouragement.

“I believe the government should support initiatives like this because individuals need supportive hands, especially from the government. When they receive such support, they become more confident and motivated to continue their good work,” he said.

Ojo maintained that society could not continue to complain about the attitudes and lifestyles of young people without deliberately investing in programmes that encourage positive values and productive engagement.

The fourth edition of the competition also underscored the importance of tax awareness among young Nigerians, highlighting how effective taxation, transparency and accountable governance could contribute to improved infrastructure, education, healthcare and other essential public services.

Beyond celebrating the winner, the competition reinforced the need to identify, encourage and empower emerging intellectual talents capable of contributing meaningfully to Nigeria’s development.

Winner of the 5,000,000 naira

Winner of 3,000,000 naira

Winner of 2,000,000

All the participants 

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Abuja Reports

20 Finalists Begin Final Stage of National Essay Competition

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By Samson Adeyanju

Twenty finalists from across Nigeria have begun the final stage of the fourth edition of the National Essay Competition in Abuja, following an orientation session designed to prepare them for the decisive examination.

The finalists arrived in the Federal Capital Territory for a four-day, all-expenses-paid programme featuring the essay examination, institutional tours and opportunities for learning and networking.

The competition, the brainchild of Mr Foluso Ojo, is sponsored by the Nigeria Revenue Service (NRS).

Ahead of the examination, the finalists participated in an orientation session led by Professor Omotosho Borisade of Ekiti State University, who serves as the competition’s umpire.

The session familiarised participants with the competition’s rules and regulations, examination guidelines and assessment criteria, helping them understand the requirements of the final stage.

The essay examination is scheduled to begin today at 9 a.m., after which the finalists are expected to embark on institutional tours around Abuja.

The programme is designed to extend beyond the contest itself, exposing the finalists to new learning opportunities, professional connections and experiences in the nation’s capital.

The competition brings together young Nigerians to demonstrate their writing ability, knowledge, creativity and critical-thinking skills as they compete for the top honours.

With the finalists prepared for the examination, attention now turns to their performance and the eventual emergence of the competition’s champion.

 

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Pastor Ogundipe Decries Lack of Integrity Among Educated Nigerians

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By Samson Adeyanju

Pastor Alex Ogundipe, Chairman of the Governing Board of Christian Heritage International Bible College, Kubwa, Abuja, has expressed concern over the growing number of educated Nigerians who lack the character and integrity required to make meaningful contributions to society.

Ogundipe raised the concern during the matriculation ceremony of the institution’s 60 pioneer students, stressing that academic qualifications without moral discipline and upright character could undermine national development.

According to him, Nigeria has many knowledgeable and academically accomplished individuals whose inability to demonstrate integrity has negatively affected their contributions to their families, workplaces and communities.

“We have too many people in this country who are knowledgeable and wise in their own ways, but they do not have character and integrity. That affects their ability to impact their communities,” he said.

The cleric emphasised that education must go beyond the acquisition of certificates to the development of individuals who demonstrate honesty, accountability, faithfulness and commitment to serving humanity.

He explained that true integrity required consistency in personal conduct, whether at home, in the church, at work or within the larger society.

Ogundipe said the college was established not merely to impart biblical knowledge but to raise men and women whose lifestyles reflect Christian values and whose contributions would positively influence society.

He urged Christian leaders to demonstrate their faith through practical actions rather than mere religious declarations.

Speaking on Nigeria’s future, the cleric encouraged citizens to remain hopeful, pray for the country and contribute meaningfully to national peace, unity and development.

Earlier, the Rector of the institution, Pastor Samson Olukayode Aliyu, challenged the matriculating students to prioritise spiritual maturity and moral discipline alongside academic excellence.

Aliyu warned against examination malpractice, plagiarism, dishonesty and other forms of misconduct, stressing that academic certificates could demonstrate knowledge but could not substitute for good character.

“The Church does not only need gifted people; it needs godly people. We need leaders who will choose integrity over compromise, humility over pride, faithfulness over convenience and service over self-interest,” he declared.

He explained that the college offers six-month certificate programmes in theology and one-year diploma programmes in theology, leadership and prophetic studies.

One of the matriculating students, Akeem Omobolanle, who enrolled in the Diploma in Leadership programme, commended the institution’s approach to biblical education and expressed optimism that the training would strengthen his understanding of the Scriptures and prepare him for greater service in Christian ministry.

The ceremony marked the formal admission of the college’s pioneer students into its academic community.

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