Posted By; Akinwale Akintayo
Tinubu Orders Immediate Release of Regional Commission Funds, Warns Against Corruption
President Bola Tinubu has ordered the Secretary to the Government of the Federation (SGF), George Akume, to ensure the immediate and timely release of all approved funds to Nigeria’s regional development commissions.
The directive was delivered on Monday during the North Central Development Commission (NCDC) Summit in Abuja. The event, themed “The Great Leap Forward: A 20-Year Economic Infrastructure and Social Development Plan for the North Central Region,” saw the President emphasize his administration`s commitment to unlocking the nation’s industrial potential through the Renewed Hope Agenda.
Funding Directives and Financial Sustainability
Speaking through the SGF, President Tinubu mandated that all statutory funds accruable to the commissions must be disbursed without delay. However, the President cautioned that these bodies must not rely solely on federal allocations.
To drive transformative, long-term projects in rail, air transit, industrialization, and healthcare, the President urged the commissions to aggressively pursue alternative funding streams, including: Public-Private Partnerships (PPPs)
International donor funding
Specialized development financing
Zero Tolerance for Graft
In a stern warning to the boards and management of the commissions, Tinubu declared that his administration would maintain a zero-tolerance policy toward corruption, marginalization, and the politicization of development resources.
"Such actions will not be tolerated, and government will not hesitate to sanction anyone found culpable," Tinubu warned.
He clarified that the regional bodies are designed to complement, rather than duplicate or replace, the statutory functions of state and local governments. He added that the NCDC must prioritize collaborating on security efforts, noting that sustainable infrastructure development is impossible without a stable environment.
Regional Leaders Bullish on Local Processing
Reiterating the region`s vast economic capacity, the Chairman of the North Central Governors’ Forum and Nasarawa State Governor, Abdullahi Sule, stated that the zone is fully equipped to drive national growth. Governor Sule insisted on a policy shift from raw material extraction to local value addition.
Sule highlighted Nasarawa’s industrial leap, noting that the state has transitioned from holding dormant mining licenses to hosting Nigeria’s two largest lithium processing plants. He also lauded the federal government`s fiscal reforms, stating that increased revenue allocations have enabled states to pay salaries seamlessly without commercial bank loans.
A 20-Year Blueprint for Growth
Earlier in the summit, NCDC Chief Executive Officer Cyril Tsenyil unveiled the commission`s 20-year strategic master plan. Tsenyil clarified that the NCDC’s mandate is strictly integrative and focused on resource mobilization.
The long-term plan will target the creation of regional economic corridors, agricultural processing, and youth employment. Tsenyil stated that the ultimate benchmark for the zone is to transition from being just Nigeria’s food basket to becoming one of Africa’s most competitive agricultural economies.


.jpg)


.jpg)




