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Nigerians Deserve Wealth, Not Poverty, AfDB Insists

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The President of African Development Bank (AfDB), Dr AkinwumiAdesinah as said that Nigerians should not be poor with the abundant natural resources that Nigeria is endowed with.
“Nigerians deserve wealth, not poverty”, he said at a convocation lecture at American University of Nigeria (AUN) in Yola, Adamawa State.
“For all the abundant wealth of natural resources, Nigeria’s poverty situation is unacceptable”, Adesina said.
“Today, sadly, there are way too many poor people in Nigeria. The government is implementing bold social programs to reduce the number of poor, through interventionist programmes, but the fact of the matter is poverty is not just about money.
“There is poverty of health, and yet we know that health is wealth.
“The Covid-19 pandemic has further revealed the weaknesses of Nigeria’s health care systems. From diagnostic and testing centres, access to vaccines, and hospital infrastructure, the health care systems were overwhelmed.
“I commend the spirited efforts of the federal and state governments, and the private sector, in mobilizing resources to tackle the pandemic.
“The African Development Bank provided $288.5million to support the efforts of the Nigerian government in responding to the pandemic.
“But we must go further. Nigeria must manufacture vaccines locally.
“There is a lot to change to secure the health of the population.
“Less than 5% of the population have access to insurance with the National Health Insurance Service. Over 90% of Nigerians have no health insurance.
“You can see the effects on the lives of people.
“Nigerians are not living long compared to other countries. Life expectancy in Nigeria is only 60 years (2020), compared to 70 years in India, 81 years in the UK, 80 years in the US, 82 years in Norway, and 86 years in Singapore.
“Nigeria should build a comprehensive health care defence system, to secure its population against the impacts of the current pandemic and future pandemics. There must be equal opportunities for all. Health is wealth. We must ensure that all have access to health care, regardless of the levels of income.
“And we must strongly support medical doctors, physicians, nurses and medical technologists, and remunerate them accordingly. They form the core of the health care system. We cannot have a situation where 56% of Nigeria’s medical doctors are working outside of Nigeria.
“We need to stem the tide by prioritising health of the people, and incentivising professionals in the health care system, from rural health clinics to the surgeons and physicians in secondary and tertiary health systems.
“Nigeria should put in place incentives to harness the knowledge, skills, and resources of Nigerians in the Diaspora, and invest massively in building Nigeria’s health care infrastructure and systems.
“There must be accountability for better lives for all Nigerians, regardless of their levels of income.
“There cannot and should not be a Nigeria for the rich, and another Nigeria for the poor.
“We must build one Nigeria, where every citizen has the right to a decent life.We must build a better nation.We must start building again, not splintering again.
“We must re-build trust, equity, and social justice, to propel strong cohesiveness as a nation”.
Adesina also spoke about the need for Nigeria to invest in its youth.

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FG Ends Passport Production At Multiple Centres After 62 Years

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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.

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FAAC Disburses N2.225trn For August, Highest In Nigeria

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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.

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KenPoly Governing Council Decries Inadequate Power Supply, Poor Infrastructure On Campus

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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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