Athena Daily Brief – 25th October 2024

Senate Set to Begin Screening, Confirmation of Tinubu’s Ministerial Nominees

The Senate will begin screening President Bola Tinubu’s seven ministerial nominees next Tuesday. Senate President Godswill Akpabio announced this after reading Tinubu’s request. The nominees are appointed to key areas like humanitarian affairs, labour, and education. They include Dr. Nentawe Yilwatda and Bianca Odumegwu-Ojukwu, amongst others. Akpabio referred the nominees to the Committee of the Whole for quick review. The Senate aims to complete the screening by Wednesday. Tinubu has urged the Senate to act swiftly on his nominations.

https://www.arise.tv/nigerian-senate-set-to-begin-screening-confirmation-of-tinubus-ministerial-nominees/

Athena commentary:

This screening process is indeed a good step in ensuring transparency in the governmentmzm.m. In more developed countries, ministerial appointments often follow thorough vetting processes that include public consultations and transparency, allowing citizens to engage with the nominees. This fosters trust and accountability. In contrast, Nigeria’s rapid screening of nominees might lack such extensive scrutiny, raising concerns about qualifications and transparency. In nations like Canada or Germany, the emphasis on collaboration and bipartisan support ensures that appointments reflect a broader consensus, enhancing governance.

Tinubu cuts ministers’ convoys to 3, security to 5 officers

President Bola Tinubu has directed that government ministers and agency heads are limited to three vehicles and five security personnel for official duties. This includes four police officers and one from the Department of State Services, with no additional vehicles or security allowed. These measures aim to cut state expenses and respond to criticism about government spending on large entourages. Earlier this year, Tinubu also mandated a 60% reduction in officials traveling for state business. The changes reflect a broader push to manage Nigeria’s public finances more effectively and streamline government operations.

https://businessday.ng/news/article/tinubu-cuts-ministers-convoys-to-3-security-to-5-officers/

Athena commentary:

Tinubu’s decision to limit ministers’ convoys and security is a good step towards cutting wasteful spending in the system. In countries like Sweden and New Zealand, government officials often use minimal vehicles or public transport, reflecting humility and accountability. For example, Swedish ministers rely on a few official cars and are known for traveling light. To make this work in Nigeria, strict enforcement is key. Without this, officials might still find ways to maintain excesses. If properly implemented, this policy can improve public trust and free up funds for essential services, helping Nigeria follow the example of countries with more disciplined and efficient governance systems.

FG earmarks $180m for young Nigerian women in digital space

The Nigerian government has allocated $180 million to support young women aged 15 to 35 in technology and creative industries. Announced by Finance Minister Wale Edun at the 2024 World Bank meetings, the initiative aims to empower women, who make up 49% of Nigeria’s population, by promoting equality and access to opportunities. The program aligns with the World Bank’s “Gender Strategy 2030,” which focuses on broadband access, financial inclusion, and social protection. The World Bank aims to support 250 million women with social programs and provide capital to 80 million women-led businesses, emphasizing sustainable economic empowerment for women globally.

https://businessday.ng/news/article/fg-earmarks-180m-for-young-nigerian-women-in-digital-space/

Athena commentary:

The government’s initiative to support young women in tech and creative fields is a good step, but more is needed to match global standards. In countries like Sweden and Canada, women already have widespread access to capital, training, and mentorship through government-backed programs. These nations also ensure affordable broadband and provide grants for startups without complex barriers. To catch up, Nigeria must simplify access to funds, reduce red tape, and foster public-private partnerships. Long-term success will require not just funding but also structural changes to encourage equal opportunities, similar to the holistic models adopted in better-performing economies.

$1.5bn Dairy Import: Tinubu Begins Livestock Reforms, Rallies Govs’ Support

President Bola Tinubu has launched reforms to revamp Nigeria’s livestock sector, aiming to reduce the country’s heavy reliance on dairy imports, which currently cost $1.5 billion annually. Speaking at a workshop in Abuja, Tinubu stressed the need to transform the livestock industry from subsistence to a commercial model, creating jobs and boosting the economy. With Nigeria’s vast livestock resources, he believes the country can achieve self-sufficiency in dairy and meat production. The president emphasized collaboration with state governors and stakeholders to ensure the reforms succeed and pledged to avoid past mistakes that hindered the sector’s development.

$1.5bn Dairy Import: Tinubu Begins Livestock Reforms, Rallies Govs’ Support

Athena commentry:

This livestock reforms is a positive step, but the country lags far behind global standards. In countries like the Netherlands and New Zealand, efficient livestock systems prioritize advanced breeding, technology, and farmer education, resulting in higher yields—averaging 20-30 liters of milk per cow daily, compared to Nigeria’s 1.5 liters. These nations also integrate livestock farming with agro-processing, creating value chains that drive exports and job creation. For Nigeria to catch up, it must adopt similar models, invest in infrastructure, and encourage private sector participation.

Compiled by:

Ebube Chukwukaeme

Aliyu Jalal

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