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N121.67trn Debt: Hold World Bank Accountable, SERAP Tells Panel 

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The Socio-Economic Rights and Accountability Project (SERAP) has urged the World Bank Inspection Panel to hold the global bank accountable for the huge debt incurred by Nigeria under successive administrations.

The organisation also urged the panel “to probe allegations of corruption in the spending of the loans and other funding facilities obtained by the Federal Government and Nigeria’s 36 state governors and to review the implementation of all Bank-funded projects by successive governments since 1999.”

SERAP wants the Inspection Panel “to determine the extent to which Bank Management has followed or is following the World Bank’ s operational policies and procedures applicable to the design, appraisal and implementation of all Bank-financed projects in Nigeria.”

It also urged the Panel “to determine the effect of any failure by the Bank Management to effectively implement its operational policies and procedures in all Bank-funded projects in several states on the social and economic rights and well-being of millions of socially and economically vulnerable Nigerians.”

SERAP’s complaint followed the Debt Management Office (DMO)’s report last week, that Nigeria’s total public debt stock, including external and domestic debts, increased by ?24.33 trillion in three months alone, from ?97.34 trillion ($108.23 billion) in December 2023 to ?121.67 trillion ($91.46 billion) as of March 31, 2024.

In the letter dated 22 June 2024 and signed by SERAP deputy director Kolawole Oluwadare, the organisation said: “The World Bank has over the years reportedly approved 197 projects for Nigeria, totalling over $36 billion in loans and other funding facilities [that is, $36,360,415,968.81], with little or no impact on Nigerians living in poverty.”

SERAP said, “Nigerians are rarely informed and meaningfully and effectively consulted about several of these loans, facilities and Bank-funded projects. Nigerians continue to be denied the benefits of the loans and facilities and access to basic public goods and services.”

According to SERAP, “Despite several loans and other funding facilities provided by the World Bank over many years, millions of socially and economically vulnerable Nigerians in several states and communities continue to lack access to regular electricity supply and have denied the benefit of renewable energy solutions.”

The complaint, addressed to the Chair of the Panel, read in part: “A recent report by the National Bureau of Statistics (NBS) revealed that over 133 million Nigerians are living in poverty, the majority of them women and children. We would therefore be grateful if the recommended measures are taken to hold the World Bank to account.

“The apparent failure by Bank Management to diligently follow the World Bank’s operational policies and procedures in Bank-funded projects have resulted in the alleged mismanagement of the loans and facilities and exposed millions of Nigerians to extreme poverty.

“We are concerned about the negative impact of the lack of transparency and accountability in the spending of loans and facilities obtained by the Federal Government and Nigeria’s 36 state governors on the social and economic well-being of millions of Nigerians and the enjoyment of their human rights.

“We are concerned that several of Nigeria’s 36 states and the FCT reportedly owe civil servants’ salaries and pensions. Several states are borrowing to pay salaries. Millions of Nigerians resident in these states and the FCT continue to be denied access to basic public goods and services.

“The Federal Government and several states are also reportedly spending public funds which may include the loans and facilities obtained from the World Bank to fund unnecessary travels, buy exotic and bulletproof cars and generally fund the lavish lifestyles of politicians.

‘The ?121.67 trillion ($91.46 billion) debt represents external and domestic loans obtained by the Federal Government, the 36 state governments and the Federal Capital Territory (FCT). .

“The World Bank reportedly currently has a portfolio of about $8.5 billion spread across the country. The Bank has also approved several loans and other funding facilities to the country’s 36 states including the recent $750 million credit line meant to the states to carry out reforms to attract investment and create jobs.

“The Bank recently approved a $2.25 billion loan for Nigeria ‘to shore up revenue and support economic reforms and address cost-of-living crisis in the country.”

SERAP listed several loan approvals made by the World Bank for Nigeria since 1999.

It said, “Many years of allegations of corruption and mismanagement of public funds including the spending of the loans and facilities obtained by the Federal Government and Nigeria’s 36 states have contributed to widespread poverty, underdevelopment and lack of access to public goods and services in the country.

“The allegations of corruption in the loans and facilities provided by the Bank calls into question the rigor with which the Bank undertook due diligence in assessing the social, economic and environmental risks of its financed-projects in the country.

“The apparent inadequacy of safeguards and accountability mechanisms for the loans, facilities and project implementation has resulted in the alleged diversion of public funds for other purposes other than those agreed with the Bank.

“The Bank has apparently failed and/or neglected to effectively apply its various operational policies and procedures to ensure the transparent and accountable spending of its 197 loans and facilities across several states in the country.

“SERAP has over the years sent several complaints to the World Bank about the lack of transparency and accountability in the loans and facilities and the projects financed by the World Bank loans but the Bank Management has consistently failed and/or neglected to take any concrete action on the complaints.”

SERAP said it has exhausted attempts to resolve its complaints through several communications with Bank Management.

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Diocese of Kalabari Set To  Commence  Kalabari University

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Newly installed  Bishop of Kalabari Anglican Communion , the Rt Revd. Boma Peter Briggs has  announced plans to  commence  Kalabari University.
Speaking at  the Rededication Service of the Diocese last weekend at the Cathedral Church of St Augustine, Abonnema,  the bishop said the diocese  has decided to put all necessary documentation in order and set up a committee to fast track and kick start  the university at Sama Town in Asari Toru Local Government Area of Rivers State.
He hinted that the university would start with Social Science and Theology for the mean time before further expansion in the future.
The committee members nominated to carryout the task are Sir. Alabo Prof. Kelvin Bob-Manuel, Dame Stella David West, Sir Ngo Martyns- Yellowe, Dame Dr. Barasua Lawrence, Sir Alabo Damiete Jack and Mr. Ayanate Agala,
Dr. Tamunodein Alasia, Bar. Tamunoteinbo N.H Harry, Sir Labomie Fredrick, Madam Sokari Davies and Glory Sokari.
Bishop Briggs also constituted Investment Committee led by Sir Labomie Fredrick, Sir Elekima Ekine, Vice Chairman, Dr. Asweili Kuruye, Secretary, Dr. Sobiobo Awara, Sis. Akaeribi Omugu, Rev Can. Soye Young Itiye and  Sir Alabo Columbus E. Columbus.
Others are Mr. Daboikia Barango, Mr. Krakaye Harry, Sir Alabo Damiete Jack, Sir Alabo Dedeibi Olu- Princewill, Madam Sunjuba Daisy Ekine and Ven. Dr. Isoboye Amabibi.
The last Committee instituted was at his 60 birthday made up of 28 members headed by Dame Stella Abbiye-Suku with Sister Inye Amak- Tariah as Secretary.
The committee was saddle with the responsibility of raising 60million Naira  or a minimum of Six Million Naira, noting that 70 percent of the money raised would be used for Clergy Welfare while the balance of Thirty Percent put into project development.
The Diamond Birthday Celebration comes up on the 21st of February 2026.
His Lordship further appointed the following Ministers as Chaplain into the various Arms of the Church. ACM, Rev. Datubo Emmanuel Agborubere-Jnr, MUWG, Rev. Fanyama Ibieneye
AYF, Rev Dabodein Bekinbo, Sunday School, Rev Sepiribo Pokubo, Knight Council, Rev Can. Ibinabo Taylor -Harry, EFAC, Rev. Awolayeofori Williams and BB Rev Joshua Amah  amongst others .
Bishop Briggs also redeployed Rev Emmanuel Agborubere to St Clement Church, Rev. Sokari to St Peter’s Ibiapu-Ama, Evang. Ikoma Dokubo to St James Degema and Evang. Dumo George to Messiah Anglican Church, Buguma.
By Kevin Nengia
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FG Honours 12 Teachers, Reaffirms Commitment To Education Reform 

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The Federal Government has honoured 12 teachers from across the country with national awards, reaffirming its commitment to strengthening the education sector through improved welfare, incentives, and professional development for teachers.

The awards were presented yesterday at the Nigeria Teachers’ Summit 2026, held in Abuja, where the Minister of Education, Dr Tunji Alausa, stated that the government would sustain reforms aimed at empowering teachers and restoring dignity to the profession.

Alausa explained that the selection process was transparent and merit-based, with three teachers nominated from each of the 36 states and the Federal Capital Territory at both the basic and senior secondary school levels.

From the pool of nominees, 12 teachers; six from basic education and six from senior secondary education, emerged as national award recipients.

Each of the 12 awardees received a cheque of N25m.

The Overall Best Teacher of the Year, Solanke Taiwo from the South-West category, received an additional N25m, bringing his total prize to N50m.

In addition to the cash prize, Taiwo is to receive a brand new car from the Governor of Borno State, Babagana Zulum, as well as a fully furnished two-bedroom flat from the Ogun State Governor, Dapo Abiodun.

Also, the Governor of Kebbi State, Nasir Idris, pledged to give each of the award winners an additional N5 million.

The minister described the awardees as exemplifying professionalism, integrity, innovation and dedication to learners, noting that they represent the best of the teaching profession in the country.

“This is more than a reward. It is a national signal that teaching is a noble, respected, and valued profession in Nigeria,” he said.

Speaking at the summit themed ‘Empowering Teachers, Strengthening the System: A National Agenda for Education Transformation and Sustainability,’ the minister said the recognition of the teachers reflected the FG’s broader education reform agenda under Tinubu’s Renewed Hope Agenda.

“Teachers are the foundation of education, and education is the foundation of national development. No nation can rise above the quality of its teachers.

“No reform, no matter how well designed, can succeed unless teachers are empowered, motivated, supported, and respected,” Alausa said.

He pledged that the government would continue to invest in teachers through structured training, improved career pathways and fair rewards, noting that education remained central to national development.

Under the Renewed Hope Agenda, he said, “sustainable development, economic growth, innovation, and social cohesion depend on a strong and responsive education system and that system depends on teachers.”

As part of this commitment, the minister announced the launch of EduRevamp, a nationally coordinated Continuous Professional Development programme designed to modernise teacher training and improve classroom outcomes.

While the programme is open to teachers in both public and private schools, Alausa said performance-based incentives would be reserved for public school teachers who complete certified training.

“Professional growth must never be restricted. Every teacher deserves access to quality training, modern tools, and updated skills,” he said, adding that incentives would be tied to measurable performance.

He also highlighted complementary initiatives, including the Ignite digital platform to reduce teacher workload, the Diaspora Bridge programme to strengthen STEMM education, and the provision of 60,000 tablets for teachers with zero-data access to approved training platforms.

The minister further announced reforms to the Teachers Registration Council of Nigeria’s digital platform, the expansion of Communities of Practice, and progress on the Accelerated Teacher Training Programme aimed at fast-tracking professionalisation for in-service teachers.

To provide long-term stability, he said the government had introduced a National Teacher Policy to guide teacher development, welfare and professional standards nationwide.

Addressing the award recipients and other educators at the summit, Alausa described the government’s message as “professional growth, dignity in service, and renewed hope,” urging stakeholders to focus on tangible outcomes in classrooms across the country.

In her welcoming remarks, the Minister of State for Education, Professor Suwaiba Ahmad, underscored the central role of teachers in Nigeria’s education reform agenda.

Ahmad said the gathering was both timely and strategic, noting that the quality of any education system is inseparable from the quality, motivation and empowerment of its teachers.

She explained that the theme aligns directly with Nigeria’s current education priorities.

According to her, investing in teachers is the bedrock of sustainable reform and national development.

“Empowering teachers is not an isolated intervention; it is the foundation upon which sustainable education reform is built.

“When teachers are supported, trained, motivated, and valued, the entire system is strengthened, learning outcomes improved, equity expands, and national development is accelerated,” she said.

Describing the summit as a strategic national platform, Ahmad said it was designed to unite key stakeholders to address challenges in the education sector and advance practical reforms.

She noted that the forum brings together teachers, policymakers, education leaders, regulators, unions, development partners and private sector actors to strengthen teaching and learning outcomes nationwide.

In his goodwill message, the National President of the Nigeria Union of Teachers, Audi Amba, described the summit as a historic milestone in the recognition of teachers’ roles in national development.

Nigeria’s education sector has continued to grapple with longstanding challenges, particularly around teacher welfare, access to regular professional development, classroom capacity and infrastructure.

These issues have raised concerns among stakeholders about the quality of teaching and learning in many public schools. At the same time, industrial actions by education unions in recent years have further highlighted the pressures facing educators nationwide.

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We Draw Our Confidence From God -Fubara 

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The Rivers State Government has declared that it draws its confidence from the assurance that God is more than sufficient to guide its leaders, strengthen its institutions, and sustain its communities in peace and progress.

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?Rivers State Governor, Sir Siminalayi Fubara, made this declaration during the 2026 Holy Ghost Rally organised by the Redeemed Christian Church of God (RCCG) at the Adokiye Amiesimaka Stadium, Port Harcourt, on Sunday.

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?Speaking through his deputy, Prof. Ngozi Odu, the governor stated that “with the Almighty God on our side, our challenges are surmountable and our future remains hopeful,” noting that the theme of this year’s rally, “The All-Sufficient God,” is both timely and reassuring.

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This was contained in a statement from the office of the Deputy Governor, signed by the Head of Press, ?Owupele Benebo.

 

?According to Fubara, the theme serves as a powerful reminder that in a world filled with uncertainty, God remains our unfailing source, sufficient in wisdom, strength, provision, and grace.

 

He stressed that when human ability reaches its limit, God’s sufficiency prevails.

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?The governor commended the Redeemed Christian Church of God for its consistent spiritual impact and unwavering prayers for Rivers State and the nation, expressing appreciation for the Church’s contributions to promoting moral values, unity, and faith in God.

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?In his sermon, drawn from Genesis 17:1, the General Overseer of the RCCG, Pastor Enoch Adeboye, described the Almighty God, whose name is above every other name, as all-sufficient and capable of meeting every human need.

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?He noted that the God who created all things also has the power to repair and restore them.

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?Adeboye explained that while human effort, including medical intervention, may reach its limits, there comes a point where only God steps in to turn situations around, bringing hope where none seemed possible.

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?In his address, the Pastor in charge of the Rivers Family of the RCCG, Pastor Adesoji Oni, stated that the Port Harcourt Holy Ghost Rally, which began in 2015 and has now become an annual event, has been a tremendous blessing to the people of the State.

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Adesoji noted that the rally has drawn thousands of souls to God while impacting lives spiritually and physically.

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?He further disclosed that the Church has gone beyond preaching the gospel to actively engage in impactful initiatives through its Christian Social Responsibility programmes.

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?These include skills acquisition centres, maternity centres across the State, a rehabilitation centre for persons battling substance abuse, and an Innovative Mind Hub.

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