NEC okays $1bn agric consortium project, mum on minimum wage

The 36 state governors on Thursday kept mum on the vexed minimum wage issue. They also did not broach the matter despite meeting with President Bola Tinubu who participated in the closed-door session.

Specifically, President Tinubu in fulfilment of his promise to consult and engage widely before making a recommendation on the minimum wage imbroglio to the National Assembly, attended the meeting constitutionally presided over by the vice president.

But the governors who attended the National Economic Council (NEC) maintained a silent disposition over the wage issue while briefing newsmen after their closed-door meeting at the Presidential Villa, Abuja.

The governors on Wednesday met and took a position which, it was believed, would have tabled before the President at the meeting held inside the Council chamber.

Recall that the NGF had earlier insisted that they cannot pay the N60,000 earlier proposed by the federal government during the minimum wage negotiations at the 37-man tripartite committee meeting

The federal government however increased the amount to N62,000 while the organised labour rejected the offer and requested for N250,000 as minimum wage.

Addressing State House correspondents after the meeting, Imo State Governor, Hope Uzodinma, disclosed that the ad hoc committee on crude oil theft and the economy, briefed the Council on the plans to halt crude oil theft.

He said, “We identified areas of leakages and made recommendations to strengthen the regulatory framework”

He, however, disclosed that the committee’s plan is work in progress and assured that it will come up with the full recommendations soon.

Minister of Agriculture and Food Security, Abubakar Kyari, who gave detailed information bothering on agriculture and food security, disclosed that the federal government has distributed 42,000 metric tonnes of grains, 20 trailers of rice, as well as released 1,500,000 bags of fertiliser to states, which are now awaiting evacuation by the state governments.

On the agriculture mechanisation programme, the minister stated that the council received briefing and approved the Greener Hope Agric mechanisation consortium, a ten year programme totaling $1bn investments

The consortium is expected to set up 1000 agro centres with service providers across the country.

The centres are also expected to engage about 600,000 youths, providing 2000 tractors yearly, for the next five years.

The project was earlier approved by the Federal Executive Council (FEC).

Others include the John Dere/ Tata tractors arrangements and the 2000 tractors to be supplied per year, with the establishment of 52 service and maintenance centres.

The tractors will be delivered in the next 60 days, the minister said.

He also disclosed that the Saudi Arabia government has requested for 200,000 metric tonnes of red meat yearly and 1m metric tonnes of soya beans.

“The request is part of the fall out of the President’s visit to Saudi Arabia,” he said.

The post NEC okays $1bn agric consortium project, mum on minimum wage appeared first on Guardian Nigeria News.

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    Adedayo Akinwale in Abuja

    Despite its endorsement of President Bola Tinubu ahead of the 2027 presidential election, the All Progressives Congress (APC) has said the party will give opportunity for anyone who wishes to contest in the presidential primary.

    The National Organising Secretary of the party, Sulaiman Argungu, disclosed this on Wednesday in Abuja while briefing journalists on the success the party recorded at the just-concluded August 16, 2025 legislative by-elections.

    He stressed that the APC as a democratic party would give other members the opportunity to express themselves.

    Argungu states: “The aspiration of the people would be the wish of the party. As leaders of the party today, the NWC have endorsed President Bola Ahmed Tinubu as the next presidential candidate of the party. By extension, other organs have done similar things. Governments in most of the states, zones in most of the six political zones, have also adopted the same.

    “But that does not mean that the door is closed. That does not mean that when time comes, like we did always, we will make our timetable known so that for anybody who wants to aspire to be the next President of this country, under the platform of All Progressives Congress, we will not deny him that opportunity to come and purchase form. We will allow him to come and pay. So that he can exercise his franchise as a member of the APC.

    “We have never said it for any time, for any day that we have closed the door. But we are only telling people that we appreciate what Mr. President is doing to the good people of this country.”

    Argungu also revealed that the party would schedule an interactive session with all elected Senators, members of the House of Representatives, and State House of Assembly members in Abuja.

    He added that the session would serve as a platform to share ideas, build trust and also help chart a common course for engagements at both national and state levels.

    According to him, This is a remarkable achievement and a reaffirmation of the confidence Nigerians continue to repose in the APC.

    Argungu noted: “These victories are not just statistics; they are a reaffirmation of the trust Nigerians continue to place in the APC.

    “They demonstrate the strength, resilience, and growing acceptance of our party nationwide. They reflect the belief of the Nigerian people in our capacity to deliver purposeful leadership and good governance.

    “The APC will schedule an Interactive Session with all elected Senators, Members of the House of Representatives, and State House of Assembly Members soonest, in Abuja.

    “This session will serve as a platform to share ideas and build trust. Help chart a common course for engagements at both national and state levels. Strengthen the alignment of our elected representatives with the vision of the APC and the expectations of Nigerians.”

    Argungu reaffirmed the party’s commitment to President Bola Tinubu’s Renewed Hope Agenda.

    The party also assured Nigerians that both the President and the APC remain dedicated to their welfare, security, and prosperity.

    He said the ruling party-led federal government would continue to deliver dividends of democracy and uphold the trust placed in us by the people.

    The post APC: Presidential Ticket Open to All Members Despite Tinubu Endorsement appeared first on THISDAYLIVE.

    Tinubu Orders Six-month Ban on Raw Shea Nut Export

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    Deji Elumoye in Abuja

    President Bola Tinubu on Tuesday ordered, with immediate effect, a six-month ban on the export of raw shea nut to curb informal trade, boost processor utilization, capture higher export value and stabilize the sector.
    The ban is specifically aimed at boosting Nigeria’s shea value chain to generate around $300 million annually in the short term.
    Minister of Agriculture and Food Security, Senator Abubakar Kyari, made this known at the State House, Abuja.

    Details later…

    The post Tinubu Orders Six-month Ban on Raw Shea Nut Export appeared first on THISDAYLIVE.

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