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Nigeria development push amid political tension

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2026-07-28 13:29 UTC → 2026-07-29 22:21 UTC · added removed

Nigeria development push meets reform demands amid political tension

Since May 2026 Vice President Kashim Shettira has overseen a multi‑track development agenda that couples child‑welfare initiatives, programmes, political neutrality for the Code of Conduct Bureau and expanded ties with Benin and Poland. Federal projects have included ranged from sports‑infrastructure upgrades in Abuja, Abuja and a $750 million World Bank SABER programme, and programme to the Invest Lagos 3.0 “$1 trillion‑economy” vision. State‑level vision, while state‑level actions featured include the Ekiti Knowledge Zone, a vocational‑training scheme in Kano and an MSME awards ceremony pledging billions to micro‑, small‑ and medium‑enterprises. ceremony. In June Shettira inaugurated NASENI’s community‑empowerment scheme, training youths in solar, mobile‑phone repair, welding and food processing, scheme and announced a N75 billion Intervention Fund and a N50 billion Conditional Grant Scheme, building on the Development Bank of Nigeria’s N874 billion disbursement to women‑ and youth‑led firms. July saw the Jigawa State Investment Summit, commissioning of West Africa’s largest lithium‑processing plant in Nasarawa, and promotion of a Power‑Sector Debt‑Reduction Programme backed by a N501 billion bond at the Hamburg Sustainability Conference. Finance Minister Taiwo Oyedele credited fuel‑subsidy removal and fiscal tightening with averting collapse and targeting 7 % growth, while British High Commissioner Richard Montgomery praised President Tinubu’s reforms and projected growth rising from about 4 % to 7 %. growth; President Bola Ahmed Tinubu subsequently announced new World Bank‑backed financing totalling later secured roughly $2.42 billion to extend social spending beyond the federal budget, including of World Bank‑backed financing for NG‑CARES, the SOLID project and the HOPE suite of programmes. On 28 July 2026, legal practitioner Ike C. Ibe and human‑rights attorney Deji Adeyanju each sent open letters to 2026 APC National Chairman Nentawe Yilwatda defended President Tinubu urging against opposition claims that he is too tired to lead and that the government ruling party engineered former Labour candidate Peter Obi’s party switches. Yilwatda pointed to cushion infrastructure projects such as the impact Lagos‑Calabar Coastal Highway, new seaports and the NELFUND programme as proof of active governance, warned party appointees to “mobilise for APC or resign,” and highlighted a social‑media spat involving APC adviser Bayo Onanuga and opposition figures. The episode reflects heightened political tension ahead of the 2027 general elections, complementing earlier civil‑society pleas from lawyers Ike C. Ibe and Deji Adeyanju for cushioning recent macro‑economic changes. reforms.

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  1. 2026-07-29 22:21 UTC Nigeria development push amid political tension
  2. 2026-07-28 13:29 UTC Nigeria development push meets reform demands

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