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Minister Seeks Support For Economic Recovery Plan

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The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, has urged Nigerians to support the Federal Government’s Economic Recovery and Growth Plan (ERGP) to enable it succeed.
Udoma made the call while receiving delegates of the National Institute for Policy and Strategic Studies (NIPSS), led by the Course Leader, Policy Strategy and Leadership, Mr Asipita Umar, yesterday, in Abuja.
According to the minister, a lot of work still needs to be done to convert the ERGP into action, adding that the support of NIPSS and every Nigerian will go a long way at ensuring this.
“Your support and your input is very important for the success of this plan. The input of every Nigerian is important, we want this plan to be owned and internalised by every single Nigerian.
“It is only when we operate it collectively, when we all accept it well within its confines, when we are propelled by the desire to make this plan work that it will work.
“We believe that when we work together, we will succeed.
“As a government, we will show the way. As a government, we will give the leadership but the success depends on all of us working collectively,’’ Udoma said.
It would be recalled that the ERGP was inaugurated by the president to help stimulate production, stimulate domestic and foreign trade, and strengthen key sectors of the economy.
On the ERGP, the minister explained that an extensive consultation was carried out before the plan was put in place to ensure that things improved in the country.
“The plan was built since the inception of this administration, it was not made in one day, we brought together various plans in one document for ease of access.’’
According to him, the implementation of the plan also started from the inception of the plan as it is a continuous process.
“We are producing a further detailed implementation roadmap that sets out the strategy broken into component activities and actions with each action supported by clearly assigned responsibilities.
“We are also setting up a delivery unit in the Presidency and beefing capacity in this unit, and we also have a special tax force.
“This tax force has been working on the production of rice, power sector and solid minerals, and that is why we have seen improvements in some of these areas.’’
Udoma said the government was mandated to ensure an inclusive growth and that was why government was embarking on social intervention programmes “to bring our people out of poverty’’.
“We want to harvest the ideas of Nigerians and use them to transform our economy.’’
Udoma urged Nigerians to ensure that in all their endeavours, they think of ways of adding value to the country so as to help transform the country’s economy.
“We must go back and add value. If every Nigerian should think of that, the economy will be entirely transformed; we will become the leading economy that is the engine of Africa.’’
The minister commended the management of NIPSS for supporting government’s programmes and policies, and urged them to continue in their efforts.
“I am always impressed by the work of the institute. It is easily one of the foremost think-tanks that look at current issues in order to come up with actionable ideas.
“The reason why it is well placed is that it consists of practitioners, people working in government and in the private sector, so, it is not an academic exercise.
“People who are experienced should bring their experience to bear, spend time away from their day-to-day affairs to reflect on the issues and problems of the country.
“I commend the institute for all the work they are doing.’’

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Transport

Nigeria Rates 7th For Visa Application To France —–Schengen Visa

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Nigeria was the 7th country in 2024, which filed the most schenghen visa to France, with a total of 111,201 of schenghen visa applications made in 2025, out of which 55,833, about 50.2 percent submitted to France
Although 2025 data is unavailable, these figures from Schengen Visa Info implies that France is not merely a preferred destination, but has been a dominant access point for Nigerian short-stay travel into Europe.
France itself has received more than three million Schengen visa applications, making it the most sought-after Schengen destination globally and a leading gateway for long-haul and third-country travellers. It was the top destination for applicants from 51 countries that same year, including many without visa-exemption arrangements with the Schengen Zone, and the sole destination for applicants from seven countries.
Alison Reed, a senior analyst at the European Migration Observatory said, “France’s administrative reach shapes applicant strategy, but it also concentrates risk. If processing times lengthen or documentation standards tighten in Paris, the effects ripple quickly back to capitals such as Abuja.”
The figures underline that this pattern is not unique to Nigeria. In neighbouring West and Central African states such as Gabon, Benin, Togo and Madagascar, more than 90 per cent of Schengen visas were sought via French authorities in 2024, with Chad, Djibouti, the Central African Republic and Comoros submitting applications exclusively to France.
“France acts as the central enumeration point for many African and Asian applicants,” said Manish Khandelwal, founder of Travelobiz.com, which reported the consolidated statistics. “Historical ties, language networks and established diaspora communities all play into that concentration. But volume inevitably invites scrutiny, and that affects refusal rates and processing rigour.”
That scrutiny is visible in the rejection statistics. Of the more than three million French applications in 2024, approximately 481,139 were denied, a rejection rate of about 15.7 per cent. While this rate is lower than in some smaller Schengen states, the sheer volume of applications means France contributes significantly to the total number of refusals within the zone.
For Nigerian applicants and policymakers, one implication is the need to broaden engagement with other Schengen consular hubs. “Over-reliance on a single consulate creates what one might call administrative bottleneck effects,” said Jean-Luc Martin, a professor and expert in European integration and mobility law at Leiden University. “If applicants from Nigeria default to France without exploring legitimate alternatives in countries like Spain, Germany or the Netherlands, they expose themselves to systemic risk
Martin added that the broader context of Schengen visa policy is evolving, with the European Commission’s preparing roll-out of the European Travel Information and Authorisation System (ETIAS) aimed at harmonising pre-travel screening across member states.
For Nigerians seeking leisure, business or educational travel to Europe, these trends suggest that strategic planning and consular diversification could become as important as the completeness of documentation and financial proof. Governments and travel consultancies in Abuja, Lagos and beyond are already advising clients to explore alternative consular pathways and to prepare for more rigorous screening criteria across all Schengen states
By: Enoch Epelle
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Transport

West Zone Aviation: Adibade Olaleye Sets For NANTA President

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Prince Abiodun Ajibade Olaleye, a former Welfare Officer and Public Relations Officer of the National Association of Nigeria Travel Agencies (NANTA), has formally declared his intention to contest for the position of Vice President of NANTA Western Zone, ahead of the zonal elections scheduled for Thursday, February 26, 2026.
In a New Year message to members of the association, Olaleye expressed optimism about the prospects of the travel and tourism industry in 2026, despite the economic headwinds and migration policy challenges that affected operations in the previous year.
He acknowledged that reduced patronage and declining trade volumes had placed significant financial pressure on many travel agencies, but urged members to remain resilient and forward-looking.
According to him, the challenges confronting the industry should be seen as opportunities for growth, innovation and institutional strengthening.
He stressed the need for unity and collective action among members of the association, noting that collaboration remains critical to navigating the evolving global travel environment.
Unveiling his vision for the NANTA Western Zone, Olaleye said his aspiration is to consolidate on the achievements of past leaders while expanding the zone’s relevance, influence and impact “beyond imagination.” He promised a leadership focused on commanding excellence, improved member welfare and stronger stakeholder engagement.
Drawing from his experience in previous executive roles within NANTA, the vice-presidential aspirant said he is well-positioned to make meaningful contributions to the association, particularly in areas of member support, public engagement and institutional growth.
“I believe that together, we can take our association to greater heights and build a stronger, more prosperous NANTA Western Zone that benefits all members,” he said, while appealing to delegates for their support and votes.
Olaleye concluded by offering prayers for good health, peace and prosperity for members in 2026, expressing confidence that the new year would usher in renewed opportunities for the travel industry and the association at large.
By: Enoch Epelle
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Business

Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE

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The Centre for the Promotion of Private Enterprise (CPPE) has warned that renewed calls for a sugar tax on non-alcoholic beverages could hurt Nigeria’s manufacturing sector, threaten jobs and slow the country’s fragile economic recovery.

In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.

Yusuf who insisted that the food and beverage sector remains the backbone of Nigeria’s manufacturing industry, said the industry supports millions of livelihoods across farming, processing, packaging, logistics, wholesale and retail trade, and hospitality.
He remarked that any policy that weakens this ecosystem could have far-reaching consequences, including job losses, lower household incomes and reduced investment.
Yusuf argued that proposals for sugar taxation in Nigeria are often influenced by global policy templates that do not adequately reflect local conditions.

According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.

“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.

“Existing obligations include company income tax, value-added tax, excise duties, levies on profits and imports, and multiple state and local government charges. These are compounded by high energy costs, exchange-rate volatility, elevated interest rates and expensive logistics,” he said.

The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.

Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.

By: Lady Godknows Ogbulu
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