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$22.7bn Loan Request Meant For Infrastructure -FG

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The Federal Government has said that the proposed amount of the 22.7 billion dollars requested by President Muhammadu Buhari in the External Borrowing Plan (2016 to 2018) would be invested in infrastructure development and not consumption.
Minister of Works and Housing, Mr Babatunde Fashola, Minister of Finance, Mrs Zaynab Ahmed and Minister of State, Transport, Ms Gbemisola Saraki made this known in a public hearing before the joint house committees yesterday.
The house committees are Aids, Loans and Debt Management, and Rules and Business. According to the Debt Management Office, Nigeria’s Total Public Debt Portfolio as at June 30 stood at $83.88 billion (¦ 25.7 trillion).
The 8th National Assembly had received the proposed projects for 2016 to 2018 Medium Term (Rolling) External Borrowing Plan put at 30 billion dollars.
The ministers, however, presented the same proposal at 22.7 dollars and gave reasons why the country should have funds as soon as possible.
They emphasised that the loans would promote infrastructure development and job creation.
The Minister of Finance said that the country had a revenue-generating challenge and stressed the need to invest in sustainable projects that would generate revenue. Ahmed said the loan would be “strictly for infrastructure development.
“So that we can address the deficit that we have. We know we must comply with some criteria; every kobo borrowed will be judiciously used,” she said.
Also, Minister of Works and Housing said Nigeria’s debt portfolio and debt service were being considered.
Fashola emphasised that investing in capital projects were needed to help the country achieve a self-sustaining economy.
“As we cannot ignore the concerns about debts, so we cannot ignore the concerns and demands for the provision of life-sustaining infrastructure.
“We have passed a budget of several hundreds of billions, but the reality is that over four years, we have never received full funding for any budget. And the reason is simple, there is a deficit, and we cannot finance it.
“Some of the roads we are investing in will last for upwards of 20 to 30 years if well maintained and not abused. For rail assets, usually, the tracks will last for at least 100 years. Power plants like the Mambilla will be there for many decades.
“So, we will be spending today’s money to secure tomorrow’s assets that will sustain our growing population and growing economy.”
The Minister of State for Transport also said there was the need to complete Kano-Lagos and Niger Delta coast rails.
Meanwhile, t he Debt Management Office says the public debt stock of the country is a cumulative figure of borrowings by successive governments over many years.
The DMO said this in a statement released in Abuja yesterday .
It said that it was not appropriate to attribute the Public Debt Stock to any particular administration.
It, however, explained that President Muhammadu Buhari submitted a request to the National Assembly for approval of the 2016 – 2018 Medium Term External Borrowing Plan for the sum of 22.718 billion dollars.
“This request is not a new one as being perceived but rather it represents those borrowings which have been submitted to the National Assembly but are yet to be approved before the expiration of the eighth Assembly.
“The requests in the Plan are proposed borrowings from multilateral and bilateral lenders.
“The proposed loans are concessional, semi-concessional, long-tenored and are for the purpose of financing infrastructure and other developmental social projects.
“All of which have multiplier effects in terms of job creation, business opportunities and overall increase in Nigeria’s Gross Domestic Product.
“Also, the benefits are long term and will serve generations of Nigerians.
“The proposed New Borrowing is consistent with the subsisting Debt Management Strategy which seeks to replace short term high –interest cost domestic debt.
“With low interest long term external debt and is one of the measures that is being implemented to moderate the level of Debt Service.
“The achievements in this regard are evidenced in the declining share of Domestic Debt in the Total Public Debt from over 83 per cent in December 2015 to about 68 per cent in June 2019,” it explained.
The statement noted that Nigeria had a ceiling of 25 per cent on the total public debt stock to GDP which is Debt to GDP and it had operated within.
It said that the ratios for Dec. 31, 2018 and June 30, 2019 were 19.09 and 18.99 per cent respectively.
“The Debt Service to Revenue Ratio (Debt Service/Revenue) has however, been higher than desirable and provides strong justification for the current drive to increase Oil and Non-Oil Revenues significantly.
“The debt service to revenue for the years 2017 and 2018 were 57 per cent and 51 per cent respectively.
“The debt service figures have grown as a result of the increase in the Debt Stock and relatively high domestic Interest Rates.
“Still on the issue of debt sustainability, when compared to a number of countries, Nigeria’s Debt to GDP is relatively low but the Debt Service to Revenue is relatively high.
“The United States of America, United Kingdom and Canada had Debt/ GDP ratios of 105, 85 and 90 per cent in 2017 which were much higher than that of Nigeria.
“But because they generate adequate revenues, their debt service to revenue for the same year were 12.5, 7.5 and 7.5 per cent respectively.
“The case was also similar for Brazil, South Africa, Kenya and Mexico who had higher Debt to GDP than Nigeria (74, 53, 57 and 46 per cent respectively but had lower debt service to revenue of 32.20, 11.4, 13.2 and 13.6 per cent respectively.
“This is clear evidence that Nigeria’s revenues are low. This is further demonstrated by Nigeria’s tax to GDP ratio of only six per cent in 2018 compared to Kenya’s 15.7, Morroco 21.8, Cameroon 12.2 and South Africa 27.5 per cent in 2017″
The statement pointed out that the above figures attested to the fact that Nigeria had a revenue challenge rather than a debt problem.
According to the statement, it is in this regard that all efforts are in top gear to increase revenues through measures such as the Finance Bill and Strategic Revenue Growth Initiative.
“Overall, the justification for the borrowing is that many of the projects in the plan are for the development of infrastructure in the areas of roads, railways, waterways and power which will help to unleash the potential of the Nigerian economy.
“Other loans such as those for the educational sector will contribute to the development of Nigeria’s human capital, while loans for Agriculture will be used to diversify the economy.
“There will also be funding for Development Finance Institutions to enhance access to finance for Micro, Small and Medium Scale Enterprises.”

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ADIAfrica Concludes Free Eye Screening Outreach In PH

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The Africa Global Development For Positive Change Initiative (ADIAfrica), in collaboration with Stephen Igwe and Judith Igwe International Educational System, has concluded a free eye screening outreach for residents of Rivers State.
The outreach, which was flagged off in Port Harcourt, targeted more than 300 individuals with various eye conditions. Speaking at the event, the International President of ADIAfrica, Prince Dan Mbachi, said the initiative was designed to provide access to essential eye care services for underserved communities.
According to him, the first phase of the exercise commenced in Obio/Akpor Local Government Area and is expected to extend to Etche and Ikwerre Local Government Areas, while the second phase will cover other parts of the state.
Mbachi described the outreach as part of the organization’s commitment to promoting quality healthcare, equity, human dignity, and sustainable development. He emphasized that vision challenges go beyond medical concerns, noting their impact on education, economic productivity, and family wellbeing.
“At ADIAfrica International, we recognize that vision is not merely a medical issue; it is also economic, educational, and social. A child who cannot see clearly struggles to learn. A trader with impaired vision struggles to work. When sight is compromised, opportunity is limited,” he said.
He explained that the exercise provided eye tests, medications, visual field assessments, eyeglasses, contact lenses, and related accessories, stressing that the intervention was aimed at transforming lives rather than serving as a mere charitable gesture.
Mbachi further noted that the initiative aligns with ADIAfrica’s broader mission of advancing sustainable development through practical and people-centered solutions.
Also speaking at the event, a chief from Rumueme Kingdom in Obio/Akpor Local Government Area, Chief Livingston Akaninwo, commended the organisation and its partners for supporting vulnerable members of society. The traditional ruler expressed concern that many people with eye conditions suffer silently due to poverty and limited access to healthcare.

He called on the government and well-meaning individuals to support ADIAfrica’s efforts to enable the outreach to reach more communities across the state.Some beneficiaries, including Mrs. Veronica Peters Olera Pere, expressed gratitude to the organizers for the initiative and appealed for the programme to be extended to other parts of Rivers State to benefit more residents.

By: John Bibor

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UNICEF, RSG Train Rivers Girls To End FGM, Promote Health, Women Rights

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A three-day intensive training programme aimed at empowering adolescent girls with knowledge, life skills, and advocacy tools to eliminate Female Genital Mutilation (FGM) and promote their wellbeing has ended at Okogbe Community in Ahoada West Local Government Area of Rivers State.
The programme, which held from February 26 to February 28, 2026, was organised by the United Nations Children’s Fund (UNICEF) in partnership with the United Nations Population Fund (UNFPA) and the Rivers State Ministry of Social Welfare and Rehabilitation. It brought together adolescent girls aged between 10 and 19 years drawn from five communities in the area, including Ubeta, Okogbe, Okaki, Akinima, and Akoh.
The training was designed to reactivate and strengthen girls’ clubs across Ahoada West, Abua/Odual, and Emohua Local Government Areas, with a strong focus on ending harmful traditional practices and equipping participants with knowledge to improve their health, safety, and social wellbeing.
Throughout the three days, facilitators engaged the girls in interactive sessions covering a wide range of topics such as menstrual hygiene, puberty education, communication skills, gender-based violence, child rights, personal hygiene, emotional intelligence, and the importance of empathy and peer support. Particular attention was given to the dangers and long-term consequences of FGM, which experts described as a serious violation of the rights of women and girls.
One of the facilitators, child protection advocate, Inyingi Irimagha, specifically of the Child Protection Network(CPN), emphasised the need to challenge harmful cultural practices that negatively affect girls, noting that culture should evolve when it threatens human dignity and health.
UNICEF Desk Officer at the Rivers State Ministry of Social Welfare and Rehabilitation, Victor Iseberetonma, also stressed that empowering young girls with knowledge and confidence remains one of the most effective strategies for eliminating FGM.
He attributed the successful organisation of the programme to the doggedness and commitment demonstrated by UNICEF, the Permanent Secretary of the Ministry, Mrs Lauretta Davies-Dimkpa, and others in making sure that no stone was left unturned for the smooth take-off of the programme, and particularly thanked UNICEF for the great work it is doing in the State.
Other facilitators, including Mr Unah Uchenna and Miss Lucy Uzodinma shared similar sentiments, and called for total elimination of FGM in the society.
Many of the participants described the training as enlightening and transformative, saying, it exposed them to important life lessons they had never received before. One of the girls said the programme helped her understand not only the dangers of FGM but also how to support others emotionally.
“It has educated us about what is wrong, especially about FGM and other issues affecting girls.
“We learned how to talk to people, how to empathise, how to console someone, and how to make others feel relaxed and understood,” Morrow Onisokien Burebure said.
Another participant explained that the programme went beyond discussions on harmful practices to include personal development and daily living skills.
“We learned about our values and how we should live our lives,” she said. “They taught us about menstrual hygiene, how to use sanitary materials properly, how to keep our bodies clean, wash our hands, and how to be friendly even with people we don’t know,” said Dowel Victory Bakewari of Community Secondary School, Akinima.
The participants also pledged to become advocates for change in their communities. One of them stated that she would share the knowledge gained during the training with others back home.
“I will tell people about the effects of FGM and how to stop it.We need to create awareness so that people will understand why it should not continue,” Ake Beauty enthused.
Another participant noted that the training gave her a better understanding of her body and the responsibilities that come with adolescence.
“It is good because we were taught what we need to know about our bodies as girls,” she said. We learned things we should do and things we should not do, and the dangers of FGM. I will tell people in my community that they should stop practising it,” Ebere Testimony Kenneth of Akala-Olu Community Secondary School, Ula-Upata said.
Some participants also expressed appreciation to the organisers for bringing the programme to their in communities, describing it as a life-changing opportunity. One of them simply said, “We thank the organisers for what they have done so far. They have helped us learn things that will protect our future.”
Facilitators at the programme explained that FGM remains deeply rooted in cultural traditions in some communities, which makes sustained awareness and community engagement essential. They noted that while culture plays an important role in society, harmful practices must be abandoned once they are recognised as dangerous.
According to the organisers, the programme successfully met its objectives by equipping participants with practical knowledge, leadership skills, and the confidence needed to speak out against harmful practices. They emphasised that the girls trained would serve as peer educators and change agents within their communities.
The organisers furthermore reaffirmed their commitment to continuing advocacy in efforts, strengthening girls’ clubs, and expanding grassroots awareness campaigns across Rivers State.
As the programme came to a close, the atmosphere was filled with optimism and determination. For the young participants, the training was not just an educational exercise but a call to action — one that has placed them at the forefront of effort to protect the rights, health, and future of girls in their communities.

By: Donatus Ebi

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Rivers Government Opens Dr Peter Odili Cancer And Cardiovascular Centre, Offers Free Screening

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The Rivers State Government has officially opened the Dr Peter Odili Cancer and Cardiovascular Centre in Port Harcourt for public use, commencing free screening for cancer and various cardiovascular diseases.
The disclosure was made by the Permanent Secretary of the Rivers State Ministry of Health, Professor Justinah Jumbo, during a cancer awareness walk held in Port Harcourt to mark the 2026 World Cancer Day.
The awareness walk, which began at the centre located in Rumuepirikom, formed part of activities to celebrate World Cancer Day and to sensitise residents about the availability of cancer screening and treatment services at the newly opened facility.
Professor Jumbo explained that the event was designed to inform the public that the centre is now fully operational for cancer screening and treatment. She noted that the facility, constructed by the immediate past administration in the state, is aimed at reducing the need for residents to travel abroad for cancer diagnosis and treatment.
Also speaking at the event, Permanent Secretary-designate and Director of Medical Services at the Ministry of Health, Dr. Vincent Wachuku, said the walk was not only to commemorate World Cancer Day but also to draw attention to the centre’s readiness to serve patients within and outside Rivers State.
“We are here today because it is World Cancer Day. Beyond the walk, we want to let everyone know that this centre is open and ready to provide services to people suffering from any form of cancer, whether they are from within the state, outside the state, or anywhere in the world,” he said.
Dr. Wachuku added that, as part of the launch activities, the government has approved free screening for breast cancer, cervical cancer, prostate cancer and other related conditions for an initial period. He noted that while the free services may not be permanent, future charges would be highly subsidised.
According to him, the government is also putting measures in place to support patients who may not be able to afford treatment at the centre.
The Chief Executive Officer of the facility, Tony Rahme, assured residents that the centre would provide services comparable to global standards. He stated that the hospital currently has 65 bed spaces and is staffed by a multidisciplinary team of experts from different countries, including Filipino nurses, to manage cancer and cardiovascular cases.
Rahme explained that the centre is equipped to handle advanced oncology surgeries, cardiovascular procedures, kidney treatment, cardiothoracic surgery, and a wide range of nephrology services.
He disclosed that over 70 to 100 individuals had already been screened as part of the commencement activities, reaffirming the hospital’s commitment to delivering quality healthcare services to all segments of society.

By: John Bibor

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