Category: Commentaries

  • Path to sustainable economic stability

    Path to sustainable economic stability

    • By Isah Aliyu Chiroma

    Sir: As we navigate the complex and evolving economic landscape, the Central Bank of Nigeria’s commitment to improving communication, fostering dialogue, and collaborating on critical issues shaping monetary policy is more crucial than ever. The 2025 Monetary Policy Forum, themed “Managing the Disinflation Process,” provides a timely platform for rigorous intellectual discourse and evidence-based insights to enhance policy effectiveness.

    The past year has presented significant challenges, including persistent inflationary pressures exacerbated by global and domestic shocks. Despite these headwinds, the CBN’s commitment to price and monetary stability has yielded measurable progress. Relative stability in the foreign exchange market, narrowing exchange rate disparities, and rising external reserves of over US$40 billion as of December 2024 are all testament to this progress.

    However, recent data from the National Bureau of Statistics indicates that inflationary pressures persist, with headline inflation standing at 34.80 percent as of December 2024. Domestic structural challenges, exchange rate pass-through effects, and energy price adjustments continue to exert pressure on prices and economic activity.

    To address these challenges, the CBN has implemented bold policy measures, including raising the Monetary Policy Rate (MPR) by a cumulative 875 basis points to 27.50 percent, increasing the Cash Reserve Ratio (CRR) of Other Depository Corporations (ODCs) by 1750 basis points to 50.00 percent, and adjusting the asymmetric corridor around the MPR.

    These measures have contributed to a decline in inflationary pressures, with counterfactual estimates suggesting that without these interventions, inflation could have reached 42.81 percent by December 2024. The CBN’s commitment to ensuring price stability while minimizing adverse effects on growth and livelihoods is evident in these reforms.

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    Beyond monetary policy, CBN has undertaken critical reforms to strengthen the financial system and ensure macro-economic stability. These reforms include unifying multiple exchange rate windows, which aims to reduce the complexity and uncertainty associated with multiple exchange rates, promoting a more stable and predictable foreign exchange market.

    Clearing the backlog of foreign exchange commitments to address the legacy issues that have contributed to the country’s foreign exchange challenges, promoting a more efficient and transparent market and lifting restrictions on 41 items previously banned from access to the official FX market also aim to promote trade and economic growth by providing businesses with greater access to foreign exchange.

    Introducing new minimum capital requirements for banks to strengthen the banking sector, promoting financial stability and resilience, the launch of the WIFI initiative under the National Financial Inclusion Strategy aims to promote financial inclusion, providing underserved populations with greater access to financial services.

    The Nigeria Foreign Exchange Code, launched recently, marks a decisive step forward for integrity, fairness, transparency, and efficiency in the foreign exchange market. The CBN’s commitment to creating an enabling environment for inclusive economic development is evident in these reforms.

    However, achieving macroeconomic stability requires sustained vigilance and a proactive monetary policy stance. The 2025 Monetary Policy Forum provides an opportunity to generate actionable insights and refine strategies for the road ahead.

     With foreign exchange liquidity improving, the naira gradually aligning with market fundamentals, and a more predictable environment for domestic production, exports, and essential imports, we are confident that those policies are setting Nigeria on the path to sustainable economic stability.

    Collaboration is key to driving meaningful change. Policymakers, the private sector, and civil society must work together to achieve Nigeria’s economic goals. The 2025 Monetary Policy Forum provides a platform for such engagement, with all subject-matter experts, policymakers, scholars, and market economists to this critical discussion.

    The Honorable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, recently outlined a roadmap towards ensuring Nigeria’s macroeconomic stability and growth at the 30th Nigeria Economic Summit. The minister stressed the necessity of immediate and comprehensive economic reforms, including fiscal reforms, efficient government spending, and targeted interventions to alleviate fuel price pressures.

    As we navigate the path ahead, we are optimistic that with bold, coordinated policy measures and a commitment to collaboration, Nigeria can achieve sustainable economic stability and prosperity for all. Collaboration, transparency, and a commitment to inclusive economic development will be crucial in achieving our economic goals.

    •Isah Aliyu Chiroma,

    <aliyuisahchiroma29@gmail.com>

  • When hell hath no fury like social media mob

    When hell hath no fury like social media mob

    • By Funke Adeoye

    Sir: In an age dominated by social media and big tech, the relationship between misinformation, disinformation and the criminal justice system has become increasingly complex.

    Weeks ago, the Nigerian media erupted with the alarming news about a 16-year-old girl who had allegedly laced a pepper soup with toxic substances, resulting in the death of 5 individuals, including her ex-boyfriend. The sensational story was widely shared across mainstream news outlets, blogs, and social media platforms. Some social media users even went as far as advocating for mob justice, calling for immediate punishment without the benefit of due process. On platforms like X (formerly Twitter), misogynists seized the moment to push deeply harmful and gendered narratives, chanting ‘Hell hath no fury like a woman scorned”.

    At this point, the accused, an underage girl who had yet to be proven guilty,  became a symbol, not of an individual on trial, but of a larger ideological battle. She was arrested by the police after being saved from being lynched and remanded in a facility for children. Weeks later, after human rights lawyers took an interest in the case, reports revealed that the accusations were hogwash. The deceased had unfortunately died from generator fumes. If they had died from any other cause, the police might have left important investigative trails in pursuit of shadows.

    The media had followed a post from one of the deceased’s friends on WhatsApp, determining that the young girl had a mens rea (mental intent), she was scorned by her boyfriend, and a follow up action – she had laced his food with poison and thus she was guilty. The police, who have the power of arrests and investigation, had this to say: “While authorities understand how the deaths occurred, they are still determining the precise cause of death, which was initially believed to be related to food poisoning or potentially toxic fumes from a generator.”

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    This incident is not an isolated case. Around the world, the proliferation of misinformation and disinformation through big-tech platforms is becoming undeniably challenging even for criminal justice actors. In Nigeria, as in many other countries, the speed at which false information circulates online poses a significant threat to the presumption of innocence — one of the most sacred principles of criminal law and human rights.

    The presumption of innocence ensures that no individual is considered guilty before a fair trial and that the burden of proof rests with the prosecution. In Nigeria, this principle is enshrined in the 1999 Constitution, specifically Section 36(5), which states that anyone charged with a criminal offence is presumed innocent until proven guilty. It stems from one of the principles of natural justice: Audi alteram partem, no one must be condemned unheard. However, this constitutional safeguard is often undermined by the explosive nature of trials that take place online.

    The impact of misinformation on the criminal justice system has dire implications that cannot be exhausted in a short piece. There is a need to revisit the functions of law enforcement agencies in our digital age. The Nigerian police force is already marred by a plethora of inefficiencies, and one cannot overlook the importance of transparency, accountability, and better funding for investigative work. Law enforcement agencies must be trained to deal with the pressures of public opinion and social media hysteria. A robust system of checks and balances is needed to ensure that police investigations are not swayed by viral narratives but are instead based on facts and proper procedure.

    Also, while freedom of speech is a fundamental right, the algorithms that amplify sensationalism must be recalibrated to prioritize truth and factual reporting over engagement-driven content.

    In conclusion, the convergence of social media, misinformation, and the criminal justice system presents a clear and present danger. The case of the “pepper soup girl” highlights the urgent need for systemic reform to protect individuals and institutions from the potentially devastating consequences of online falsehoods. Only by strengthening accountability within media platforms, law enforcement agencies, and the legal system itself can we begin to mitigate the harm caused by digital misinformation and restore a semblance of fairness and integrity to the criminal justice process.

    • Funke Adeoye,

     University of Oxford.

  • Zacch Adedeji defining new goals for FIRS in 2025

    Zacch Adedeji defining new goals for FIRS in 2025

    By Arabinrin Aderonke

    I have said it countless times, and I will continue to say it: Dr. Zacch Adedeji is not here to play. From day one as the Executive Chairman of the Federal Inland Revenue Service, we all knew that things were about to change for good. 

    The tax boss came in with a plan, a vision, and the determination to make the tax system work better for Nigerians. 

    The just concluded Strategic Management Retreat, themed Reimagining Tax Administration for Equity and Economic Growth, brought together top management of FIRS as well as powerful voices from government, professional organizations, and the private sector. Everyone came together with one mindset: to understand the new strategy and gain an in-depth knowledge of the organizational structure and what it means for their roles.

    One of the takeaways from the retreat was the revised revenue target of N25.2 trillion. Having closed 2024 with a record-breaking N21.6 trillion, expectations are high. But this is not just about pushing numbers. It is about creating a system that works for the Nigerian economy. The focus is on ensuring that taxation is not a burden but a tool for national development.

    Alongside the new target, the retreat also saw the launch of the Standard Operating Procedures for FIRS field offices. These procedures outline clear policies, guidelines, and practices that everyone in the field will follow. 

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    The aim is to provide straightforward guidance, define each person’s job, close any gaps in policy information, and make sure that procedures are applied consistently. In short, there is no more guesswork at the agency. These changes are designed to solve many of the old problems and bring a much-needed level of clarity and efficiency to the service delivery. 

    Every step taken under this new strategy is aimed at creating a system that works for all of us, ensuring that Nigeria’s progress is visible in our everyday lives. The work has already begun this year, 2025, and there’s no turning back. 

    Here’s the big question: How can Nigerians help support the Tax Boss’ vision? Nigerians can do their part by paying taxes on time and adequately. With simpler tax processes now, engaging with the FIRS through the available channels to ask questions or share feedback can help improve the system and tackle any issues that come up.

    As everyone knows, there were many reforms and accomplishments last year, all thanks to Dr. Zacch’s initiative, his team’s effort, and transformative leadership style. Surpassed the target before, and he will undoubtedly do so again. 

    Real change, not empty promises, is what his leadership is all about. He is breaking barriers, simplifying processes, and making sure that taxes become a tool for advancement. Nigeria is fortunate to have a leader who is ready to make a real difference.

    The ball has been set rolling. The plans are in place, the leadership is focused, and the team is committed. Nigerians can expect a tax system that works for them, not one that causes frustration.

    Arabinrin Aderonke Atoyebi is the technical assistant on broadcast media to the Executive Chairman of the Federal Inland Revenue Service, FIRS

  • LP pot calling PDP kettle black!

    LP pot calling PDP kettle black!

    One of the most picturesque idioms in English is the soot-buried pot calling a kettle black.  That aptly captures the latest anti-People’s Democratic Party (PDP) tirade from the Labour Party (LP) camp.

    In a ringing indictment, Abayomi Arabambi, the LP national publicity secretary, told PDP, on account of its perpetual internal feuding, to forget fielding any presidential candidate for 2027, but instead put its forces — no matter how ramshackle? — behind LP’s Peter Obi.

    But what makes Arabambi think the ever-shifty, ever-fluffy Obi would still be in LP by 2027? 

    Arabambi’s utmost put down of PDP was rather interesting, though: unfit to contest power, let alone govern effectively!  But isn’t that too apt, in describing LP, given the fierce battle for its soul — by Labour ideologues and fair-weather fortune captors — aside its elected lawmakers bailing out to join other parties?

    Why, didn’t LP’s sole governor, Abia’s Alex Otti, too junk LP to give his anointed candidates Zenith Labour Party (ZLP) tickets for the Abia local council polls, at the zenith of Abia LP’s schizophrenia?  In that tiff, Governor Otti supported — and still supports — a protem national executive, just brushed aside by the Court of Appeal, which endorses Julius Abure’s LP executive is the authentic one.

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    And talking about fakes and originals: when did Arabambi himself morph from an Obi antagonist to Obi loyalist?  When did he abandon the Lamidi Apapa faction that fought the Abure faction to a standstill, during the legal fireworks challenging President Bola Tinubu’s election?  Well, that provocative question only stresses fluid alliances in a torn LP.  The Apapa-Abure factions re-hugged each other in June 2024.

    Where the hell is Obiora Ifoh, who was taking on all-comers for both Obi and Abure during that phase; and put his talents fully at Abure’s disposal, when NLC zealots tried to “reclaim” the party, and the hee-hawing Obi was caught in-between?

    Politics!  Interesting times!

    Arabambi is of course not far off from his reading of PDP.  Particularly devastating was his take that PDP should face own demons rather than blame the ruling APC for its self-imposed mess — Abubakar Atiku’s insensitive desperation to contest the presidency, after another northerner, President Muhammadu Buhari, had just finished eight years. 

    Besides, PDP should enjoy its current karmic thrashing.  When it was in power, it fragrantly subverted the opposition parties!

    Still, LP should realize that by pointing a lone finger to flail PDP, its four other fingers self-condemns it for own internal bedlam.  A towering symbol of that is Arabambi himself.  LP needs to put its house in order as much as PDP.

  • Deadly gamble of drug trafficking

    Deadly gamble of drug trafficking

    Sir: Every time I come across reports of individuals swallowing illicit drugs to smuggle them abroad, I am left in utter disbelief and sadness. How can reasonable human beings risk their lives by ingesting dozens of wraps of cocaine for a few thousand dollars?

    The desperation, greed, and recklessness involved are both alarming and tragic.

    Last weekend, the case of another such desperado, Chijeoke Nnanna, was reported by the National Drug Law Enforcement Agency (NDLEA) on Sunday, February 2. The 59-year-old was apprehended while carrying 81 wraps of cocaine inside his stomach. In his case, he almost died after ingesting cocaine wraps for eight days, from January 22 to 30, and had to endure a near-death situation, requiring surgery to extract 57 wraps of the drugs from his body. All in exchange for just $3,000!

    Of late, we have seen reports of NDLEA’s successful interdictions on the waterways, particularly in Lekki, which used to be a major landing point for cannabis smuggled from West African countries. Just this past weekend, a large consignment of Loud from Ghana was seized, the traffickers arrested, and their vehicles impounded as the substances were being offloaded at the Lekki beach. That speaks volumes about the efficiency of the anti-narcotic agency.

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    Indeed, the NDLEA has stepped up its operations significantly, employing advanced scanning technologies, gathering intelligence, and increasing personnel at major exit points. Yet, many drug traffickers still believe they can evade capture.

    The latest report is concerning, as it shows there are still people desperate enough for money to ignore the severe health risks of ingesting drugs. The possibility of the wraps bursting inside the stomach is terrifying, as it could immediately lead to overdose, seizures, coma, and almost certain death.

    Most culprits, in their confessions, offer the same tired excuse of poverty or financial hardship as the reason they ventured into drug trafficking. For decades, drug trafficking fuelled the quick-money syndrome. But with the NDLEA’s turnaround, the rules of the game have changed. Traffickers now face the high risk of being caught, jailed, and losing their assets.

    Last year, the NDLEA reportedly arrested 17,670 traffickers and secured 3,427 convictions in court, two of whom received life sentences. Virtually all the convicts had their assets confiscated.

    While Chijeoke Nnanna may be thankful to the NDLEA for saving his life with timely surgery at Lagos State University Teaching Hospital, he must now face the consequences in court, where a jail term and asset forfeiture await him. That should serve as a lesson for other traffickers out there.

    •Sini Kwaji,Jimeta, Yola, Adamawa State.

  • ATMs going out of fashion?

    ATMs going out of fashion?

    Sir: Nigeria is a cash-driven economy. Yet, today, when cash is needed, the default option isn’t the bank’s ATM but the nearest Point-of-Sale (POS) agent. ATMs, once the backbone of convenience banking, now sit idle, often empty, gathering dust, while POS agents offer the only real alternative for cash withdrawals. In a cash-driven economy, ATMs have become extremely unreliable for Nigerians needing cash.

    This shift begs several critical questions. Are ATMs going out of fashion in Nigeria? Is the massive infrastructure investment in ATMs now a waste? And most importantly, why do ATMs rarely have cash since the infamous CBN naira redesign policy?

    ATMs were once symbols of banking convenience. Their introduction in Nigeria in the early 1990s revolutionized cash withdrawals, offering 24/7 access to money without the hassle of entering a bank hall. However, the story changed drastically after the CBN’s naira redesign policy in late 2022. The move, which sought to limit cash circulation and encourage a cashless economy, led to a severe cash crunch. Even after the policy was reversed and old notes returned into circulation, ATMs never fully recovered.

    While several factors contribute to the near-death of ATM cash availability, the CBN’s cash policy hangover tops the list. The cash scarcity that began with the naira redesign created a shift in how banks handled cash distribution. Even after the policy softened, many banks still operate under the mind-set of cash rationing, and ATMs remain dry.

    Secondly, running an ATM is expensive. Each machine requires regular cash loading, security, power supply and maintenance. With the high cost of diesel and frequent power outages, keeping ATMs functional has become a burden for banks. Many banks prefer to direct customers to digital transactions or POS agents reducing the need for constant ATM maintenance.

    Another reason is that ATMs are prime targets for fraudsters and criminals. Cases of card skimming, machine tampering and outright vandalism have discouraged banks from investing in more ATMs. It appears easier, safer and maybe more convenient to work with POS agents, who assume the risk of handling cash.

    In addition, POS businesses have exploded across Nigeria, filling the cash withdrawal gap that ATMs once occupied. With over 1.6 million POS terminals in the country, these agents are more accessible than bank ATMs. Banks themselves appear to encourage this shift by supplying POS agents with cash, while ATMs remain empty.

    Furthermore, reports indicate that many banks struggle with logistics, making it difficult to restock ATMs efficiently. Poor cash management strategies, delayed cash deliveries and a lack of urgency in ATM restocking contribute to the ongoing crisis.

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    So, while ATMs may not be entirely obsolete, their role has significantly diminished. Digital banking and mobile money are rapidly replacing the need for physical cash withdrawals. It is no surprise therefore to see banks now focusing on mobile transactions, transfers and QR code payments rather than cash-based transactions.

    To restore ATMs to their former usefulness and balance the cash distribution system, things must be done differently.

    The CBN, for one, should enforce a policy that ensures banks prioritize ATM cash supply. So, just as they provide cash to POS agents, banks should be required to maintain a minimum level of cash availability in their ATMs.

    Banks can also explore solar-powered ATMs to cut operational costs, especially in areas with poor electricity supply. Additionally, introducing deposit-taking ATMs, which allow customers to withdraw and deposit cash simultaneously, could improve liquidity and reduce the frequency of cash restocking challenges.

    Moreover, improved security measures, including surveillance cameras, fraud detection software and real-time tracking can reduce ATM-related crimes and encourage more banks to keep their machines functional. Aside, many Nigerians now see POS agents as the only viable cash source but their withdrawal charges are a real burden. The CBN and banks should regulate these to ensure affordability.

    For now, though, the frustration remains. The days of walking up to an ATM and effortlessly withdrawing cash seem long gone. And unless major reforms take place, the trend of empty ATMs will continue, leaving Nigerians with no choice but to pay extra at POS stands.

    In the end, the real question isn’t whether ATMs are going out of fashion; it is whether banks and regulators are willing to fix the system or let ATMs fade into irrelevance.

    •Elvis Eromosele, elviseroms@gmail.com

  • PBAT and Trump: Siamese stars in a stormy stratosphere

    PBAT and Trump: Siamese stars in a stormy stratosphere

    Sir: Nigeria’s hour of need duly arrived on May 29, 2023. After eight indubitably disastrous years of the Muhammadu Buhari presidency, Bola Ahmed Tinubu was sworn in as Nigeria’s sixteenth president.

    Meanwhile, America’s hour of need was ticking fatefully close. Less than two years later, precisely on January 20, Donald Trump was sworn in for the second time as President of the United States of America.

    Upon inauguration, President Tinubu wasted no time in taking on the fuel subsidy behemoth which had crippled Nigeria for years. Expectedly, the backlash has been fierce. But what has stood out for the former Lagos State governor is his courage and confidence.

    For Trump, his inauguration provided impetus for immediate action. Executive orders have quickly issued to reclaim what it means to be truly American. He has cupped a global backlash. But history, his history suggests he will ride it.

    Apart from the transcendental alphabet ‘T’ engraved in their surnames and their decisive, all-action approaches to leadership, what else makes both presidents so similar?

    Both men are empire builders and massive human capital infrastructure developers.

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    Both are within the same age bracket, proving conclusively that experience and wisdom are not groceries to be picked off some supermarket shelves.

    Both men are dogged fighters and blunt speakers. The manner in which both men ascended to the presidency bear this out, with each of them going against the establishment and winning.

    Both men are known for their charismatic and austere lifestyles. They are wealth creators and strategic planners, as well as dealmakers and great mobilizers.

    Both men are sticklers for institutions. During his first tenure, President Trump appointed more judges in four years as his predecessor did in eight years. In less than two years since he assumed office, President Tinubu has ensured that for the first time ever, Nigeria has a full complement of Supreme Court justices.

    Both men are married to fashionable and stylistic wives who complement their political and personal lives perfectly, even if they are each in their third marriages.

    Both men are promoters of the regions in their country, and are unwavering advocates of their country’s regional economic, political and military powers.

    Both men are strong believers in mega infrastructure, as well as revolutionaries and sticklers for knowledge.

    For all that the two men divide opinion, they have shown a Midas touch in business and politics. For all the storms they have had to ride, they have shown incomparable grit to grind through life’s many hurdles and reach a place of astounding success.

    When they speak, there is no hint of complacency in their words. They know what they want, and they go for it with frightening single-mindedness.

    For Trump, the mission is to make the United States of America, which is the world’s premier democracy, great again. For Tinubu, Nigeria, the ‘Giant of Africa’ has slept for far too long and must be awakened from its slump, to take its rightful place among developed countries.

    With men of such clarity leading the way, Nigeria and the United States of America under Tinubu and Trump respectively, can expect not just to see the light at the end of the tunnel, but to find the bumper harvest that the future promises.

    •Ike Willie-Nwobu,Ikewilly9@gmail.com

  • Fed Govt’s e-Border project: An outsider’s view

    Fed Govt’s e-Border project: An outsider’s view

    By Israel Fagbemigun

    Almost a year into the effective take-off of the Federal Government’s E-Border project as being effectively implemented by the Nigeria Immigration Service(NIS), some developments that have followed need to be assessed.

    First as a way to x-ray the performance of the NIS as an agency of government under their supervision of Dr. Olubunmi Tunji-Ojo, the Minister of Interior within the President Bola Ahmed Tinubu’s renewed hope agenda, and secondly as a way of assessing the connection between policy elucidation, implementation and congruence between projections and outcomes.

    There is no doubting the fact that the issue of irregular migration through unauthorized borders is a global challenge. The most recent US election had issues surrounding such movements well debated and the policy direction of the newly Inaugurated Trump presidency attests to it.

    The peculiarities of Nigeria, its being heemed in between different Sahel states and the fact that there are  numerous cross-border communities interacting on commercial and family and cultural basis amongst others, place more pressure on her in this direction.

    The E-Border solution was therefore conceived with the variables highlighted above in mind. One of the aims of the project was to deliver a total of 40 E-verification gates across multiple airports in Nigeria by the end of the first quarter. These installations were to include 10 gates in Abuja, 21 in Lagos, five in Kano, and four each in Enugu and Port-Harcourt. All have been built, but only Abuja and Lagos are fully functional at the moment.

    To actualise the set goals, and obviously mindful of these challenges, the Comptroller General of the Immigration Service  on assuming office conducted border assessment tours across our various border posts, commands, and formations in the country, to assess the status of our borders and reinforce inter-agency collaboration. It is safe to opine that the tours must have enabled her to identify areas of vulnerability and take proactive measures to strengthen our borders.

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    Obvious from the agency’s subsequent actions is the fact thay the tours also strengthened its border community informants network, providing it with timely and actionable intelligence on potential security threats.

    Little wonder gains have been recorded in droves. Late last year, precisely on the 10th of December,  84 illegal migrants were apprehended in Oyo state. These individuals, mostly under the age of Twenty (20), were upon interrogation confirmed to be involved in different cyber and other related crimes. They were also confirmed to be from such African neighbours as Congo Brazzaville, Central African Republic (CAR), and the Democratic Republic of Congo (DRC).

    Specificaly connected with the  E-gates system is the arrest of 14 persons of international security interest! What this means is that from information gleaned from the immigrants which were then ran through the E-gates database, they were confirmed to be persons who pose security threats of international dimension! Such persons would have seamlessly dissolved into Nigeria if the initiative had not been commenced.

    But that was not all. One Mrs. Uadiale Christiana Jacob, aka Christy Evan Osagie, a wanted convicted leader of an international human trafficking network, was also arrested by operatives of the NIS at the Murtala Muhammed International Airport in Lagos on the 24th December 2024. Again, it was through the use of the e-gate process.

    Just a week ago, 90 illegal immigrants were apprehended by the NIS is Rivers State. Their profiling revealed that 85 of them are Cameroonian, 5 Chadians, aided by 4 Nigeriens. Of the 94, 74 are males and 20 females. This again point to a more proactive, more diligent and more focussed Immigration Service.

    Yet these achievements, remarkable as they are, do not conclusively on their own prove that the NIS has arrived the desired destination in the bid to make our nation safer through renewed vigilance on her borders. What it shows is with more efforts, better outcomes are possible. It also shows that much more has to be done, that for the NIS, there is still much room for improvement.

    Such possible improvements may however not come until other phases of the e-border solutions are commenced. For the truth is that the e-border solutions were scheduled to be installed and deployed in three phases, and only the first phase has just been operationalised.

    That first phase has however brought some positive developments as earlier shown.  For instance, the NIS has intercepted and repatriated one hundred and Seventy-six [176] migrants along Nigeria’s border with Benin Republic in the past 6 months. This is true of all other border areas where the NIS has received positive feedback from the community and other sister security agencies. 

    Yet the NIS was operating under international parameters. It had to be careful to avoid the over-generalization of all irregular migrants as criminals, terrorists, and bandits, a reality that the United Nation’s Conventions and other regional protocols to which Nigeria is a signatory frowns at.

    It has to on one hand be able to allow regular migration, avoid criminalizing undocumented migrants, and refrain from stigmatising Nigeria’s neighbours without proper evidence and facts, on the other.

    Again, the NIS has to navigate around the fact that citizens of both Benin Republic and Niger Republic being members of the ECOWAS region do not require visas to enter Nigeria and that Chad, yet another country from which immigrants flock in, enjoys visa free entry to Nigeria for visits not more than 90 days!

    In a way therefore, the close cultural and historical relationship at the border communities have in no small way affected the performance of the e-border effort.

    But the NIS seems to have apprehended this reality. Within the last one year, it introduced the issuance of ECOWAS National Biometric Card (ENBIC) that will ensure proper documentation of ECOWAS migrants as they transit between their countries of origin and Nigeria. This document doubles as a residence permit for citizens of ECOWAS apart from being a travel document.

    The service has also continued with the e-registration of migrants, an initiative commenced in 2019 and have registered over 250,000 foreigners between then and late 2024. The NIS through this effort has acquired and is keeping biometric records of all categories of migrants in Nigeria. 

    At all times, the NIS has never for once kept its attention from closely monitoring the movement of migrants into Nigeria as part of its mandate. Even when Nigeria’s borders were closed in 2020 against the inflow of goods, the Federal Government did not order the closure of borders against humans and the NIS did not reduce its vigilance in any way.

    No doubt, the E-border initiative as being implemented by the NIS has helped greatly along the line, it is hoped that further phases will do more to keep Nigeria and her borders safe and protected from dangerous and criminal elements while guaranteeing the movement of others under the laws of the land.

    •Fagbemigun is an Abuja-based multimedia journalist, he can be reached via honisrael89@gmail.com.

  • Gov Abiodun: Creative thinking and prudent management of resources

    Gov Abiodun: Creative thinking and prudent management of resources

    By Femi Ogbonnikan

    This is another assessment season for governments, corporate bodies, and individuals. For the administration of the Ogun State Governor, Prince Dapo Abiodun, the 2024 fiscal year was a year of great accomplishments in very many respects. From road infrastructure development projects to healthcare delivery service, human capital development, domestic and foreign investment inflow, security, Easy-of-Doing-business index, and economic growth, etcetera, achievements within the year have been quite tremendous. 

    All these did not happen by accident. It’s the outcome of diligent planning, commitment, policy consistency, and prudent management of resources. To begin with infrastructure development, there is a long list of landmark projects the administration has commissioned that have added to the fortune of the state’s economy and industry. As of today, over 600 kilometres of roads have been constructed across the state to ease the movement of goods and persons. Apart from internal connectivity, priority has also been given to the highways that connect Ogun with neighbouring states, particularly Lagos.

    The most recent of these is the Denro-Ishasi-Akute Road commissioned by Governor Abiodun at the tail end of the year. Until the intervention of the present government, the road had suffered prolonged neglect under successive administrations.

    Similarly, construction work on the Akute-Oke Aro road within Ifo Local Government Area is also progressing simultaneously. While commissioning the Ojodu Abiodun-Denro-Ishasi-Akute Road, the governor promised to complete the project within the shortest possible time, signaling a new dawn for these suburb communities.  Among others, Denro-Ishashi is one of the fastest growing communities in Ogun State. Its rapidly expanding population is as a result of affordable housing. Bordering Nigeria’s largest commercial city, Lagos, it has continued to witness an increase in the influx of people who cannot afford the rising trend of accommodation rent. With the current economic challenges facing the nation, rent in Lagos has gone beyond the reach of average income households. So, the community offers itself as an alternative settlement option.

    But the deplorable condition of the road has for so long remained a nightmare for the residents. The agony of the people in the affected areas had been a popular reference point for the media before Governor Abiodun’s intervention. However, through the intervention of the Abiodun administration, the road has been restored to a better shape to ease the suffering of people in the area.

    Thus, people can now travel between Lagos and Ogun State in less than an hour for a journey that would hitherto take two or three hours or even more before the advent of the present administration. More and more people are now coming to Ogun State to live, to work and to hold conferences because of easy accessibility.

    While construction work on the 20-kilometre Agbara-Lusada-Atan in Ado Odo/Ota Local Government Area is almost being completed, Prince Abiodun has equally put Ajuwon and Akute-Ajuwon roads on the priority list, saying “I am a promise-keeping governor.” 

    For so long, the Agbara-Lusada-Atan road has been in a deplorable condition. Yet, the road is of great economic importance to the State and the nation as a whole.” Prince Abiodun maintained that his administration had kept faith with his promise to ensure that road construction was evenly spread across the 20 local governments in the state.

    The ever-busy Lagos-Ota-Sango-Abeokuta which has remained a nightmare to the commuters and motorists along the corridor also received the attention of the Ogun State government under Prince Dapo Abiodun. Ordinarily, the road is a direct responsibility of the Federal Government but bureaucratic bottleneck had stalled the joint efforts of the Ogun State government and its counterpart in Lagos State to take over the financing of it in the interest of the commuting public. However, following persistent agitation that culminated in the eventual handing over of the road to the two states, the contract for the reconstruction work was awarded to Craneburg Construction Company in May 2024. This was borne out of the concern to relieve the people of the pain they go through on a daily basis.

    In addition to this, the governor has also facilitated other federal projects including Laderin Train Station road phase one, Abeokuta. The project is in two phases beginning from Laderin to the train station with the channelization of storm water to the drainages.

    Beyond that, the Ogun State ministry of Works and Infrastructure is also collaborating with the Federal Government to rehabilitate additional 21 roads across the state, beginning with Ado Odo/Ota, Yewa North and Yewa South, as well as Abeokuta North and Abeokuta South. One of such key projects is the ongoing reconstruction of Sango-Atan-Owode-Idi-Iroko Road. The project has been on paper for so many years.

    The real game changer is the Gateway Agro-Cargo International Airport, Ilishan-Remo billed to commence flight operations anytime from now. Though a capital-intensive project, the Airport was built in a record-breaking short period of two years, thus, making it the fastest to be constructed ever in the history of this country. It recorded the first historic flight landing sometime last year. As already projected, the Airport will begin scheduled and non-scheduled flights any time from now, as the approval process to get the airport running has reached an advanced stage.

    Power is the engine room of economic and industrial growth. To give further boost to industrial transformation initiative of the administration, Governor Abiodun has expressed interest in acquiring the Hydro Power Plant situated at the Ogun-Osun River Basin Development Authority to facilitate the availability of energy for investors in the state. The importance of the long-abandoned Hydro Power Plant to the state’s economy cannot be over-emphasized. When successfully resuscitated, it will attract sufficient energy for business interests in the state. It will also highlight the state’s potential as a hub for industrial activities by ensuring affordable energy costs through this acquisition.

    For the health concern, the recent transfer of the 250-bed capacity hospital, Abeokuta is a further testament to the administration’s commitment to accessible healthcare service delivery to the good people of Ogun State.

    The project was 65 percent completion level when former governor Ibikunle Amosun abandoned it midway. Realising the state’s financial incapacitation due to the challenge of the current economy, the present government decided to enter into concessionary arrangements with global health management institutions to compete and run the hospital on behalf of the state government.

    While performing the handover ceremony to Viewpoint Health Management Services Limited and Pan African Capital Holdings at his office in Oke-Mosan, Abeokuta, Abiodun assured that the 250-bed Specialist Hospital would start operations in March 2025 in the first instance and subsequently commence full operations in June of the same year.

    “This hospital will meet the precise needs of our population. It is scheduled for partial opening in March 2025 and full operations in June 2025.

    “From what we have seen and done, if that hospital is properly run, medical tourism will be attracted to that hospital,” he enthused.

    Governor Abiodun further emphasized that the hospital would be equipped with advanced facilities and cutting-edge technology for effective healthcare delivery, as well as serve as a referral centre for medical research, training, and innovation.

    The Abiodun administration’s commitment to affordable housing aligns with its urban regeneration policy as well as the new housing policy of President Bola Ahmed Tinubu. So far, the administration has built over 4,000 houses across the state, while also working towards the delivery of 10,000 housing units before the end of the second tenure of Governor Abiodun.

    The governor gave the assurance when he received the Managing Director and Chief Executive Officer of the Federal Housing Authority (FHA), Mr. Oyetunde Oladimeji Ojo, who paid him a courtesy call in his office at Oke-Mosan, Abeokuta.

    “To date, we have built about 4,000 affordable houses within four years, and we are still building. By the time I’m done, we will probably build about 10,000 houses,” he said.

    Another project called “Civil Servants Village,” sitting on a 50-hectare of land is also ongoing to give opportunity for members of the state workforce to buy land and build their houses.

     The governor further assured that his administration would establish a system where Nigerians in the Diaspora would acquire property in the state online and track their development wherever they are.

    For four consecutive sessions under the administration of Abiodun, the state has routinely maintained its competitive edge over the rest parts of the country. The administration has been able to initiate and sustain the trajectory of economic growth through aggressive infrastructure development, improved Internally Generated Revenue (IGR) capacity, industrial investments, human capital development, youth empowerment, improvement in agricultural value chains, land reform policy, Ease-of-Doing-Business, healthcare delivery service, affordable housing and implementation of an integrated transportation master plan, among others.

    Over the last five years, there has been continuous improvement in the Ease-of-Doing-Business and land reforms initiative which provide attraction for investors. The same reason also accounted for the creation of four economic zones in the State in addition to the Agbara Industrial Zone, which includes Ota and Kajola axes. At present, Agbara Industrial Zone is arguably the largest industrial zone in Nigeria and probably one of the largest in the continent. It is the zone that makes Ogun State the industrial capital of Nigeria.

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    As of today, Ogun is among the few states that can survive independently of the Federal Government. Due to the combined effects of creative thinking and prudent management of resources, Ogun State has retained itself as one of Nigeria’s resilient and economically viable states amid the global challenges.

    The latest report by the National Bureau of Statistics (NBS) confirms the resilience of the state’s economy based on its sustained growth and enhanced revenue-generating capacity. According to the release, Ogun State increased its IGR in 2023 from N120.58 billion to N146.87 billion made up of N71.67 billion in tax revenues and N75.19 billion. Efforts are also being made to shore up the IGR for better service delivery to the people.

    To ensure food self-sufficiency, the Abiodun administration has also initiated rice production to make agriculture another major income earner for the state government with no less than N30 billion as an addition to the Internally Generated Revenue.

    As part of his renewed commitment to boost food production in the state, Governor Abiodun recently flagged off the harvest of a 200-hectare rice plantation at Magboro Rice Farm in Obafemi Owode-Local Government Area of the state. The motive for the initiative is to revolutionise the traditional mode of farming to it more productive system.    

    Traditionally, Ogun State has a long history of rice production, especially the local brand popularly known as Ofada rice. However, large-scale production has been severely limited by the use of indigenous farming methods by small-holder farmers. This is despite the various policies by successive governments to support these local farmers to promote food security and also preserve the cultural  heritage.

    With the renewed support of the Abiodun administration, culminating in the establishment of the 200-hectare plantation, the state is now prospecting for more income from rice production.

    To that extent, Ogun State has joined the league of large-scale rice-producing states in the country. The farm is the brainchild of the Ogun State Economic Transformation Project supported by the World Bank.  The initiative aligns with the policy of President Bola Ahmed Tinubu to boost agricultural productivity to provide affordable food to the growing populace.

    Though there are still challenges to surmount, the outlook of the economy in the New Year looks more promising. There is a silver lining in the sky.

  • Takeaways from Lake Chad Basin Governors’ Forum

    Takeaways from Lake Chad Basin Governors’ Forum

     Sir: The successful hosting of the 5th Lake Chad Basin Governors’ Forum in Maiduguri is a clear display of governance, strategic planning, and people-centred commitment to regional cooperation.

    Bringing together over 1,200 participants, including eight governors, ministers, legislators, traditional rulers, international delegates, and civil society organisations, the forum showcased the plight of the disenfranchised communities in the region.

    Of course, hosting this event in Maiduguri, rather than in Abuja or any other major Nigerian city, was an unlikely but calculated decision that sent a good message of resilience and regional stability.

    The discussions and panel sessions were compassionate yet practical, highlighting both idealism and the realpolitik necessary to achieve tangible outcomes. The necessity of cross-border coalition efforts was a recurring theme, as participants examined how to counter the effects of conflict, displacement, and disenfranchisement.

    Unlike past forums that have been dismissed as shrill political talk, this edition was different—it sought to counter apathy and disillusionment with actionable solutions. The presence of Vice President Kashim Shettima, representing President Bola Ahmed Tinubu, added weight to the discussions, ensuring that the event was not just another political talk shop, but rather a fundamental step towards regional rehabilitation. 

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    Governor Mai Mala Buni’s emergence as the chairman of the forum signals a turnaround in the perception of Yobe’s role in international engagements. This pendulum swing in leadership dynamics presents both potential and complications. His new role will require careful navigation of common grievances among member states while ensuring that the region does not succumb to the neglect that has defined past interventions.

    Buni’s leadership will be tested on multiple fronts—balancing populist expectations with the realities of governance, countering opportunism, and ensuring that regional policies are people-centred rather than performative. With this millennium ushering in new geopolitical complexities, the ability to form strategic partnerships will be key. Given the documented history of regional conflicts, Governor Buni must act with both ruthless efficiency and compassionate foresight. 

    The decision to host the event in Maiduguri—a city deeply affected by insurgency—has redefined perceptions of security and stability in the Northeast, proving that with the right level of commitment, even the most challenging environments can become centres of diplomacy and development.

    No doubt, the coming years will demand stronger coalition efforts, pragmatic solutions, and sustained commitment to addressing the region’s challenges. The people of the Lake Chad Basin cannot afford another cycle of betrayal—they are expecting genuine progress. Governor Buni’s leadership must prove that this forum was not just a political means to an end, but a real step towards change.

    •Kasim Isa Muhammad,Potiskum, Yobe State.