Connect with us

News

AfDB Dissatisfied With $210m Nigeria Agro-Industrial Zones Project

Published

on

The African Development Bank has expressed dissatisfaction over the slow progress of the first phase of Nigeria’s Special Agro-Industrial Processing Zones project, raising concerns about the disbursement of the $210m loan allocated for the initiative.
According to the bank’s latest Implementation Progress and Results Report dated January 30, 2025, obtained from its website by The Tide yesterday, 98.39 per cent of the total loan remains undisbursed more than two years after the project was approved.
The SAPZS-I project was approved in December 2021 as part of efforts to drive agro-industrial development in Nigeria by establishing processing hubs, supporting infrastructure, and improving agricultural productivity.
However, the project has suffered significant delays, leading to warnings from the AfDB and the introduction of remedial measures to hasten implementation.
The report read, “Procurement of supervision consultants for the DBO contractors is at RFP stage in the case of Kaduna State and REOI stage for Oyo, Imo and Cross River State Design Build and Operate bidding documents have been cleared for four states of Kaduna, Cross River, Oyo and Ogun states and Kaduna has already advertised its DBO.
“All these will result in improved implementation, disbursement, and rating in the year 2025. However overall performance status from the time of project approval to date is relatively slow, especially with respect to project disbursement.”
It reveals that of the total loan amount of $210m, only 1.61 per cent has been disbursed as of December 2024
The ADB was to provide $160m of the total loan, while the Africa Growing Together Fund would provide an additional $50m.
Further checks by The Tide showed that AGTF is a $2bn facility sponsored by the People’s Bank of China and administered by the AfDB.
Despite the availability of these funds, the pace of disbursement has been sluggish.
Further breakdown of the figures shows that only 1.93 per cent of the AfDB’s portion of the loan has been disbursed, leaving 98.07 per cent undisbursed.
Similarly, the AGTF’s portion has recorded a disbursement rate of just 0.58 per cent, with 99.42 per cent of the funds yet to be utilised.
The bank identified administrative inefficiencies, weak capacity among project staff, and delays in procurement processes as key factors hindering the disbursement and implementation of the initiative.
The AfDB has also raised concerns about the slow progress in Imo State, which has not commenced any major activities under the project.
Unlike Kaduna, Cross River, Oyo, and Ogun states, which have made some progress, Imo has lagged.
The bank has formally warned the Imo State Government to begin implementation immediately or risk losing its share of the loan.
The report states that the bank has informed “the Government of Imo State on the need to start activities or the bank will recourse to a cancellation of the loan.”
Meanwhile, the bank has also directed the Ogun State Government to provide an acceptable Service Level Agreement to ensure continued funding.
The Tide learned that a service level agreement defines the level of service expected from a vendor, laying out metrics by which service is measured and remedies should service levels not be achieved.
It is often a critical part of any technology vendor contract.
Despite the project’s potential to drive agro-industrial growth, the bank noted that weak capacity among the staff managing the initiative has posed a major challenge.
The National Project Coordinating Unit and Participating State Implementing Units were found to lack the expertise needed to efficiently manage financial resources, procurement processes, and environmental and social safeguards.
The report highlights that, as part of efforts to address these shortcomings, the bank has deployed two experienced consultants to support project staff and ensure they meet the bank’s fiduciary requirements.
Due to the weak capacity at the PSIUs and the NPCU, the bank noted that it is providing “handholding support to both National Coordinating Office at the Federal level and PSIUs in terms of financial management, procurement processes, Environmental and Social Safeguards etc; reinforced by regular technical workshops on Bank fiduciary requirements.
“The Bank has also provided additional two experienced consultants to backstop and hand hold the project staff on the implementation of project activities.”

Continue Reading

News

RIFF 2026: RIFF Takes Film Tourism to Bonny Island

Published

on

The Rivers International Film Festival (RIFF) 2026 is set to make a significant impact on Nigeria’s creative and tourism landscape as filmmakers, industry professionals, cultural enthusiasts and international guests converge on the historic and culturally rich Bonny Island, Rivers State, for the fourth edition of the festival.
Scheduled to hold from 29 October to 1 November 2026, RIFF 2026 is expected to bring together creative talents from Nigeria and across the world for four days of film screenings, industry conversations, masterclasses, networking opportunities, cultural experiences and celebrations of cinematic excellence.
The festival is being organised around the theme, “Film Tourism: A Pathway to Economic Development,” highlighting the powerful relationship between the film industry, tourism and the wider creative economy. This is with the view to Promote Cultural Preservation, Youth Empowerment and Economic Development.
Speaking on the forthcoming fourth edition of the festival, the founder, Rivers International Film Festival/National Chairman Film Festivals Association of Nigeria, Kate Ezeigbo said that the efforts of RIFF in conjunction with the Rivers State government have not gone unnoticed.
According to her, “The growing significance of the Rivers International Film Festival has received commendation from the Honourable Minister for Arts, Entertainment , Culture and Creative Economy, Hannatu Musawa, who acknowledged the important role being played by the Rivers State Government and RIFF in advancing the creative sector.
The Minister stated:
“I am aware that the Rivers State Government, backed by the Rivers International Film Festival, partnered with Entertainment Stakeholders, encourages the use of film and art for cultural preservation and youth empowerment. This really will make Nigeria the cultural and creative hub of Africa and Rivers State is taking a huge step in claiming that position.”
The commendation is seen as a major recognition of the festival’s vision and its commitment to using the creative industry as a vehicle for cultural development, youth engagement, tourism promotion and economic growth.
Continue Reading

News

Soyinka Demands Accountability Over Extra-Judicial Killings

Published

on

Nobel Laureate, Professor Wole Soyinka, has called on Nigerians to reject silence in the face of extrajudicial killings and other abuses of human rights.

Soyinka stressed that accountability and civic courage remain essential to rebuilding public confidence in the nation’s institutions.

He  made the call  during the 28th Wole Soyinka Lecture held in Port Harcourt, last Friday as part of activities marking his 92nd birthday.

The lecture, themed “Reclaiming the Nigerian State through Accountability, Justice and Civic Courage,” drew participants from different sectors of society.

The renowned playwright and human rights advocate said the country’s greatest tragedy was not only the unlawful killings carried out by state and non-state actors, but also the silence that often follows such incidents, allowing perpetrators to evade justice.

According to him, indifference by citizens to abuses of power and violations of fundamental human rights has contributed to the persistence of extrajudicial killings and other forms of injustice across the country.

Soyinka said he dedicated this year’s lecture to victims of unlawful killings, noting that the event was intended to honour individuals who had lost their lives as a result of failures within the justice system and society’s inability to protect the sanctity of human life.

He stressed that the lecture was dedicated to what he described as the basic unit of every society – the human being, and urged Nigerians to place greater value on human dignity irrespective of ethnicity, religion or social status.

The Nobel Laureate recalled several incidents of violence, including the fatal shooting and killing of a young man in Ugheli in Delta State  by a police officer, and the mob killing of Deborah Yakubu in Sokoto State sometime ago, lamenting that many of those responsible are yet to face justice.

He expressed concern that some perpetrators of violent crimes had openly admitted their actions without fear of prosecution, describing such situations as evidence of serious failures within the nation’s justice system.

Soyinka maintained that when justice is delayed or denied, public confidence in state institutions continues to erode, thereby encouraging further violations of human rights.

Responding to critics who accuse him of promoting religious or ethnic divisions whenever he spoke on such issues, Soyinka dismissed the allegations and pointed out that his advocacy has always centred on the protection of human life and the rule of law.

He urged Nigerians to remain vigilant and continue demanding justice in cases of alleged extrajudicial killings, including the recent shooting of a young man by a police officer, stressing that every life deserves equal protection under the law.

The literary icon also recalled an earlier pledge by a past incoming president to make public the files relating to unresolved assassinations and extrajudicial killings, questioning the status of the promised investigations.

He challenged citizens to continue asking questions about unresolved cases, insisting that justice, accountability and respect for human dignity are indispensable to building a peaceful, democratic and inclusive Nigerian society.

 

Continue Reading

News

FAAN Backtracks, Says No Fire Incident At Lagos Airport’s Terminal 2

Published

on

The Federal Airports Authority of Nigeria (FAAN) has clarified that there was no fire at Terminal 2 of the Murtala Muhammed International Airport, Lagos, contrary to its earlier advisory.

Earlier yesterday, FAAN had announced that a fire incident had occurred at Terminal 2 of the nation’s busiest airport, and assured that its Aerodrome Rescue and Firefighting Service had been deployed to contain the situation.

There were also reports that activities were briefly disrupted at the airport yesterday after smoke was seen inside parts of the terminal.

Videos circulating online showed passengers kept standing outside the terminal while firefighters responded to the incident.

However, in an update issued less than two hours later by the Director of Public Affairs and Consumer Protection, Henry Agbebire, and posted on FAAN’s official X handle, the authority said preliminary findings showed that the smoke seen at the terminal was caused by the discharge of the facility’s FM-200 fire suppression system.

“Further to our earlier advisory regarding the incident at Terminal 2 of the Murtala Muhammed International Airport, Lagos, the Federal Airports Authority of Nigeria (FAAN) wishes to provide the following update,” the statement read.

“Preliminary findings indicate that there was no fire at the terminal. The smoke observed within the affected area resulted from the discharge of the terminal’s FM-200 fire suppression system. The reason for the activation of the fire suppression system is currently being investigated,” FAAN stated.

The authority said normal operations had resumed at the terminal while investigations were ongoing to determine the cause of the incident.

“Normal operations have since resumed at the terminal, while detailed investigations are ongoing to determine the exact cause of the incident,” the statement added.

The authority thanked passengers, airlines, airport users and other stakeholders for their understanding and cooperation.

FAAN appreciated the understanding and cooperation of passengers, airlines, airport users and all stakeholders, and reiterated its commitment to the safety and security of all airport operations.

Continue Reading

Trending