Economy
Tinubu mulls creation of State Police to tackle spiraling insecurity
The Eyewitness Reporter
In a bid to decapitate the spiraling insecurity in the country, President Bola Ahmed Tinubu, has set up a committee to explore all areas of possibilities to create state police.
Addressing an emergency meeting in the State House with all 36 state governors, the Vice-President, Kashim Shettima, the National Security Adviser, the Inspector-General of Police, the Director-General of the DSS, and some ministers, President Tinubu reiterated his administration commitment to bolster security in the country.
He also vowed to ensure food security in the country by setting up schemes to bolster local food production and cut out all forms of rent-seeking tied to food importation.
Towards this end, the president said has endorsed the training and equiping forest rangers to protect farmers in their communities.
“I have approved the creation of a committee that includes state governors and federal government representatives to explore, among other things, the possibility of establishing state police.
“I have also endorsed the training and equipping of forest rangers by sub-national governments to protect human and natural resources in our communities.
“My stance is unequivocal: we must move aggressively to examine the issues raised, including the potential for establishing state police.
On food security, the President said he had instructed the National Security Adviser, the Inspector General of Police and the Director of State Services to go after those who hoard foods items in their warehouses for profiteering
“Following reports out of Kano and other areas about large-scale hoarding of food in some warehouses, I have instructed the National Security Adviser, the Inspector-General of Police, and the Director-General of the Department of State Services to coordinate closely to ensure that security agencies in the states inspect such warehouses and take follow-up action.
“We cannot allow speculators, hoarders, and rent seekers to undermine our efforts in ensuring that food is widely available to all Nigerians.
” I will not establish a price control board, nor will I approve the importation of food.
“We must extricate ourselves from this predicament because importation only enables rent seekers to perpetrate fraud and mismanagement at our collective expense.
“Instead, we will support our farmers with schemes that encourage them to cultivate more food for the nation.
“We must also rapidly but thoughtfully implement our livestock development and management plans, including dairy farming and others.
On monetary policies and the Central Bank of Nigeria, Tinubu appealed to all governors and other Nigerians to trust the CBN in its efforts to take the country out of the woods as not everybody is an expert in this regard.
“I urge all governors to trust the Central Bank of Nigeria with the management of our country’s monetary policy, and emphasized the need for designated institutions to effectively fulfill their mandate.
“The “cacophony of postulations” on the fluctuation of foreign exchange rates is adversely affecting the market.
” Not everyone can be an expert. If we have assigned someone a task, we must allow them to perform it. If they fail, then we must find a way to quickly remove them from the system.
The president also urged the governors to prioritize the welfare and prosperity of the people in their development programmes while pledging the resolve of the federal government to continue to work to improve the nation’s revenue profile.
“As leaders, we must all work together to address issues of insecurity, food security, and out-of-school children” Tinubu declared.
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Economy
Tinubu orders take-off of National Single Window in Q1 2026
Funso OLOJO
The directive was delivered during Tuesday’s fifth steering committee meeting at the State House, Abuja.
President Tinubu was represented by his Chief of Staff, Femi Gbajabiamila.
Gbajabiamila said the recent Tax Reform Acts, signed into law in June, underscored the urgency of accelerating reforms and pursuing Nigeria’s $1 trillion economy target.
He highlighted the importance of financial and trade reforms in achieving national economic transformation.
“It’s important that we continue to stay focused on this project. So that at the end of the day, we meet our timelines and achieve the results the President expects.
“As you all are aware, the project is one of the transformative initiatives of Mr. President which we collectively must ensure is effectively and commendably implemented,” Gbajabiamila said.
He emphasised the role of a unified electronic platform in simplifying Nigeria’s import and export operations.According to him, the NSW will boost investment and trade revenues, improve transparency, and strengthen Nigeria’s global business credibility.
Gbajabiamila urged all agencies to refine their targets and Key Performance Indicators (KPIs) to meet the Phase 1 deadline.“I do expect that since the last meeting of the steering committee which was held on the 8th April, 2025, all stakeholders have operated and actively progressed with all the required KPIs and set targets to ensure that we go live with phase 1 in Q1 2026 as was previously scheduled,” he said.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun described the progress as encouraging but stressed the need for swift execution.
He urged a shift from strategy to concrete implementation, calling the project complex but transformational.
Edun urged the committee to improve collaboration and resolve final hurdles to meet the rollout timeline.
Minister of Industry, Trade and Investment Jumoke Oduwole also charged the committee to work diligently and meet the Q1 2026 deadline without fail.
Dr. Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS), thanked the President for consistently supporting the project.
“Thank you on behalf of the steering committee. We thank you for the relentless support that you have given to us.”
“And to all my colleagues here, we can see that the reward for hard work is more work.
“When we started last month, it is now law; the single window is now in the law.”
He asked committee members to stay focused on the mission ahead.
The Director of the National Single Window (NSW) Project, Tola Fakolade, gave a brief overview of the steering committee’s progress toward implementing the project.
“All second quarter 2025 key project milestones have been successfully achieved. And the customisation of the Single window platform has commenced,” he said.
He gave assurances that the committee would meet up with the timelines.
The National Single Window project is a Federal Government initiative to streamline trade processes by creating a centralised electronic platform for importers and exporters.
It is a digital trade facilitation platform expected to accelerate economic growth and facilitate cross-border transactions.
Launched in April 2024, the NSW seeks to consolidate all agencies involved in imports and exports onto a unified electronic portal.
It is expected to reduce trade costs, cut delays, and enhance transparency and efficiency at Nigerian ports.
Committee members include representatives from the Ministry of Trade and Investments, the Ministry of Finance, FIRS, and the Nigeria Customs Service.
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