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Showing posts with label Applauds President. Show all posts
Showing posts with label Applauds President. Show all posts

Friday, 19 September 2025

₦2.225 Trillion Shared: Tinubu Media Force Applauds President Tinubu’s Historic FAAC Milestone

Yomi Durojaye 

...Challenges Local Governments to Invest in entrepreneurship 

...support , CNG Transport, Food Hubs, and Market Logistics



The Tinubu Media Force (TMF) has commended President Bola Ahmed Tinubu for the historic revenue distribution milestone achieved through the Federation Accounts Allocation Committee (FAAC). For August 2025, FAAC disbursed ₦2.225 trillion to the three tiers of government, marking the second consecutive month that allocations have surpassed ₦2 trillion. TMF described this as clear evidence of the President’s economic reforms, fiscal discipline, and bold measures to plug revenue leakages.


TMF, the largest progressive grassroots media structure with networks across 36 states, 109 senatorial districts, and 774 local governments nationwide, stressed that the record disbursement must translate into tangible benefits for ordinary Nigerians. The group emphasized that local governments, being the closest arm of government to the people, are uniquely positioned to channel these resources into projects that directly reduce the cost of living.


In a statement issued by its National Coordinator, Abiola Oluwagbenga, TMF urged local governments to invest in Compressed Natural Gas (CNG) bus transportation models as a sustainable solution to rising transport costs. According to Oluwagbenga, CNG buses would provide affordable, reliable, and eco-friendly transport alternatives while aligning with the Federal Government’s energy transition agenda under the Renewed Hope vision.


On food security, TMF advised local councils to establish food hubs and storage facilities across the country’s 774 local government areas. The group noted that such infrastructure would reduce post-harvest losses, stabilize supply chains, and keep food prices affordable for families. “Food hubs and storage systems at the grassroots will enhance preservation, minimize waste, and guarantee fair returns for both farmers and traders,” the statement read.


The organization further called for the creation of logistics and distribution services that can supply food efficiently into local government markets. By putting structured systems in place, TMF argued, councils would gain a measure of regulatory oversight over food supply and pricing, ensuring consistent access to safe and affordable produce in every community.


TMF also stressed the importance of entrepreneurship funding and talent discovery for young people, urging local governments to establish programs that nurture innovation and creativity at the grassroots. By creating youth enterprise funds, training hubs, and skill incubation centers, councils can empower the next generation with opportunities for self-reliance, job creation, and sustainable livelihoods.


Concluding, TMF urged local governments to craft policies in line with President Tinubu’s Renewed Hope Agenda, stressing that the record FAAC allocation presents an unprecedented opportunity. “Investments in transport, food hubs, logistics, and youth enterprise will not only reduce costs for the average Nigerian but also lay the foundation for inclusive and sustainable development,” Oluwagbenga declared.