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S’South Govs Canvass New Revenue Formula
The governors of the six South-South states, have called for the restructuring and unbundling of the Federal Government’s existing revenue sharing formula.
They said that the “shedding of weight” at the federal level would give states in the federation more powers and responsibilities.
The governors added that more funds would be needed by the states and local governments for developmental programmes.
In a communiqué at the end of the second South-South Economic Summit in Asaba, Delta, last Saturday, the governors said that the new structure would leave the Federal Government to handle issues of security.
The communiqué was signed by Governors Seriake Dickson, Chibuike Amechi, Godswill Akpabio, Liyel Imoke, Adams Oshiomohle and Emmanuel Uduaghan of Bayelsa, Rivers, Akwa Ibom, Cross River, Edo and Delta, respectively.
In the 13-point communiqué, read by Mr Joe Keshi, Director-General of the BRACED Commission, the governors urged the Federal Government to urgently address the problems of power and energy in the country.
According to the communiqué, the federation should be restructured and unbundled including the review of the current revenue allocation formula, to give more powers, responsibilities and funding to the states and LGAs as centres of growth.
It said that the nascent governance structure in the region should incorporate private sector and other non-state actors with a view to creating favourable policy, legal and regulatory environment.
“This will stimulate greater private sector participation in the development initiatives of the region,’’ it said.
The communiqué also called for the review of current policies and regulations on power and gas to enable the states generate, transmit and distribute power to complement the efforts of the Federal Government.
The communiqué said that the summit accepted the development of a Niger Delta Energy Corridor, noting that the project had the potentials for connecting the people, industry and natural resources and creating jobs.
It said that the summit would accelerate the implementation of agriculture development initiatives as the region’s priority focal area to complement the Federal Government’s transformation agenda on Agriculture.
The summit, it stated, also planned to develop integrated transport facilities in the region, through a balanced development of rail, roads, waterways and airport facilities.
According to the communiqué, the region would also partner the Federal Government and the private sector in the development of the Lagos-Calabar railway lines project.
It called for urgent completion of the East-West highway.
The communiqué added that the BRACED Commission had been directed to translate the recommendations of the summit into a measurable and achievable plan of action and to engage the appropriate stakeholders.
It expressed appreciation to everyone who participated in the programme and urged the governors to continue to show their exemplary leadership and commitment to good governance.
Meanwhile, no fewer than 6,000 people participated in the South-South Economic Summit which ended on Saturday in Asaba.
Governor Emmanuel Uduaghan, said that the number of participants recorded at the summit was 300 per cent more than the organising committee’s projection of 2,000 persons.
On hitches over registration of participants which led to a stampede and made most persons to attend without identification tags for the period, he attributed it to refusal of people to register online ahead of the summit.
News
FG Ends Passport Production At Multiple Centres After 62 Years

The Nigeria Immigration Service has officially ended passport production at multiple centres, transitioning to a single, centralised system for the first time in 62 years.
Minister of Interior, Dr Olubunmi Tunji-Ojo, disclosed this yesterday while inspecting Nigeria’s new Centralised Passport Personalisation Centre at the NIS Headquarters in Abuja.
He stated that since the establishment of NIS in 1963, Nigeria had never operated a central passport production centre, until now, marking a major reform milestone.
“The project is 100 per cent ready. Nigeria can now be more productive and efficient in delivering passport services,” Tunji-Ojo said.
He explained that old machines could only produce 250 to 300 passports daily, but the new system had a capacity of 4,500 to 5,000 passports every day.
“With this, NIS can now meet daily demands within just four to five hours of operation,” he added, describing it as a game-changer for passport processing in Nigeria.
“We promised two-week delivery, and we’re now pushing for one week.
“Automation and optimisation are crucial for keeping this promise to Nigerians,” the minister said.
He noted that centralisation, in line with global standards, would improve uniformity and enhance the overall integrity of Nigerian travel documents worldwide.
Tunji-Ojo described the development as a step toward bringing services closer to Nigerians while driving a culture of efficiency and total passport system reform.
He said the centralised production system aligned with President Bola Tinubu’s reform agenda, boosting NIS capacity and changing the narrative for better service delivery.
News
FAAC Disburses N2.225trn For August, Highest In Nigeria

The Federation Account Allocation Committee (FAAC) has disbursed N2.225 trillion as federation revenue for the month of August 2025, the highest ever allocation to the three tiers of government and other statutory recipients.
This marks the second consecutive month that FAAC disbursements have crossed the N2 trillion mark.
The revenue, shared at the August 2025 FAAC meeting in Abuja, was buoyed by increases in oil and gas royalty, value-added tax (VAT), and common external tariff (CET) levies, according to a communiqué issued at the end of the meeting.
Out of the N2.225 trillion total distributable revenue, FAAC said N1,478.593 trillion came from statutory revenue, N672.903 billion from VAT, N32.338 billion from the Electronic Money Transfer Levy (EMTL), and N41.284 billion from Exchange Difference.
The communiqué revealed that gross federation revenue for the month stood at N3.635 trillion. From this amount, N124.839 billion was deducted as cost of collection, while N1,285.845 trillion was set aside for transfers, interventions, refunds, and savings.
From the statutory revenue of N1.478 trillion, the Federal Government received N684.462 billion, State Governments received N347.168 billion, and Local Government Councils received N267.652 billion. A further N179.311 billion (13 per cent of mineral revenue) went to oil-producing states as derivation revenue.
From the distributable VAT revenue of N672.903 billion, the Federal Government received N100.935 billion, the states received N336.452 billion, while the local governments got N235.516 billion.
Of the N32.338 billion shared from EMTL, the Federal Government received N4.851 billion, the States received N16.169 billion, and the Local Governments received N11.318 billion.
From the N41.284 billion exchange difference, the Federal Government received N19.799 billion, the states received N10.042 billion, and the local governments received N7.742 billion, while N3.701 billion (13 per cent of mineral revenue) was shared to the oil-producing states as derivation.
News
KenPoly Governing Council Decries Inadequate Power Supply, Poor Infrastructure On Campus
The Governing Council of Kenule Beeson Saro-Wiwa Polytechnic, Bori, has decried the inadequate power supply and poor state of infrastructural facilities and equipment at the institution.
The Council also appealed to the government, including Non-Governmental Organisations, agencies, as well as well-meaning Rivers people to intervene to restore and sustain the laudable gesture, dreams and aspirations of the founding fathers of the polytechnic.
The Chairman of the newly inaugurated Council, Professor Friday B. Sigalo, made this appeal during a tour of facilities at the Polytechnic, recently.
Accompanied by members of the team, Prof Sigalo emphasised the position of technology, technical and vocational education in sustainable development.
He noted that with the prospects on ground, and the programmes and activities undertaken in the polytechnic, there is no doubt that the institution would add values to the educational system in our society and foster the desired development, if the existing challenges are jointly tackled.
This was contained in a statement signed by Deputy Registrar, Public Relations, Kenpoly, Innocent Ogbonda-Nwanwu, and made available to The Tide in Port Harcourt.
The chairman who restated the intention of his team of technocrats to ensure that KenPoly enjoys desirable face-lift, said the Council would deliver on its core mandates, accordingly.
Earlier, the Rector, KenPoly Engr. Dr. Ledum S. Gwarah, commended the appointment of Professor Friday B. Sigalo as Chairman of the KenPoly Governing Council.
He described him and his team as seasoned technocrats and expressed confidence in their ability to succeed.
The Rector pledged the management’s support to the Council to ensure that KenPoly resumes its rightful place in the comity of polytechnics in the country.
Facilities visited by the Governing Council include KenPoly workshops, laboratories, skills acquisition centre, library, hostels and medical centre.
Chinedu Wosu
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