STATE HOUSE PRESS RELEASE
President Bola Tinubu says his administration is evolving home-grown solutions to address the nation’s food security challenges by setting up schemes to support local production and discourage all forms of rent-seeking that are associated with food importation.
The President made the declaration at a meeting with 36 state governors, attended by Vice-President Kashim Shettima, the National Security Adviser, the Inspector-General of Police, the Director-General of the DSS, and some ministers at the State House in Abuja on Thursday.
On security, President Tinubu approved the establishment of a committee comprising state governors and representatives of the federal government to, among other things, explore the modalities for establishing state police.
The President further endorsed the training and equipping of forest rangers by sub-national governments to safeguard human and natural resources in local communities.
”My position at this meeting is that we must move aggressively and establish a committee to look critically at the issues raised, including the possibility of establishing state police.
”From Kano, we have read reports about large-scale hoarding of food in some warehouses. The National Security Adviser (NSA), the Inspector-General of Police, and the Director-General of the Department of State Services should coordinate very closely and ensure that security agencies in the states inspect such warehouses with follow up action.
”We must ensure that speculators, hoarders, and rent seekers are not allowed to sabotage our efforts in ensuring the wide availability of food to all Nigerians.
”What I will not do is to set a price control board. I will not also approve the importation of food. We should be able to get ourselves out of the situation we found ourselves in, because importation will allow rent seekers to perpetrate fraud and mismanagement at our collective expense. We would rather support farmers with the schemes that will make them go to the farm and grow more food for everyone in the country.
”We must also look at the rapid but thoughtful implementation of our livestock development and management plans, including dairy farming and others,” the President stated.
President Tinubu urged the governors to trust the Central Bank of Nigeria (CBN) with the management of the country’s monetary policy, emphasizing the importance of allowing designated institutions to fulfill their mandate effectively.
He said the ”cacophony of postulations” on the fluctuation of foreign exchange rates was unduly affecting the market negatively.
”Every one of us can not be an expert. If we have given someone an assignment, let us allow them to do it. If they can not do it, then we find a way to quickly get them out of the system,” the President affirmed.
President Tinubu asked the governors to always make the welfare and prosperity of the people a priority of their development programmes, assuring them that the federal government will continue to work diligently to improve the nation’s revenue profile.
At the meeting, the President and the governors emphasized the importance of working together to address issues of insecurity, food security, and out-of-school children.
Governor AbdulRahman AbdulRazaq of Kwara State and Chairman of the Nigeria Governors’ Forum (NGF) expressed appreciation to President Tinubu for convening the meeting and affirmed the governors’ commitment to partnering closely with the federal government.
Chief Ajuri Ngelale
Special Adviser to the President
(Media & Publicity)
February 15, 2024
STATE HOUSE PRESS RELEASE
PRESIDENT TINUBU APPROVES LEADERSHIP CHANGES IN THE HOUSING AND URBAN DEVELOPMENT SECTOR
As part of a holistic approach to repositioning the national housing and urban development sector to meet the present and future needs of Nigerian families nationwide, President Bola Tinubu has approved the reconstitution of the executive management teams of parastatals under the Federal Ministry of Housing and Urban Development:
Federal Mortgage Bank of Nigeria (FMBN):
(1) Managing Director / CEO — Mr. Shehu Usman Osidi
(2) Executive Director (Finance & Corporate Services) — Mr. Ibidapo Odojukan
(3) Executive Director (Loans & Mortgage Services) — Mr. Muhammad Sani Abdu
(4) Executive Director (Business Development & Portfolios) — Ms. Chinenye Anosike
Federal Housing Authority (FHA):
(1) Managing Director / CEO — Hon. Oyetunde Oladimeji Ojo
(2) Executive Director (Housing Finance & Accounts) — Mr. Mathias Terwase Byuan
(3) Executive Director (Business Development) — Mr. Umar Dankane Abdullahi
(4) Executive Director (Project Implementation) — Engr. Oluremi Omowaiye
(5) Executive Director (Estate Services) — Arc. Ezekiel Nya-Etok
New FMBN CEO, Mr. Shehu Osidi, is a banker with over 30 years of work experience, including 13 years of experience in mortgage banking. He is an alumnus of Harvard University’s Kennedy School of Government as well as the University of Pennsylvania’s Wharton School of Housing Finance.
New FHA CEO, Hon. Oyetunde Ojo, is a former Member of the House of Representatives with over a decade of work experience in the housing and hospitality industries. He holds a Master’s degree in Peace and Conflict Studies from the University of Greenwich, United Kingdom.
In view of President Bola Tinubu’s historic approval of the establishment of Building Materials Hubs across all six of the nation’s geo-political zones; financing and establishment of a National Social Housing Fund for low income and vulnerable groups, and land reforms to collaboratively streamline access to land across all states and unlock nearly $300 billion of dead capital in the sector, his expectations are high that the above-named appointees will hit the ground running in the delivery of affordable housing for millions of Nigerians in need, while providing millions of new job opportunities for Nigeria’s talented youth population presently searching for work.
Chief Ajuri Ngelale
Special Adviser to the President
(Media & Publicity)
February 15, 2024
