Business
MDAs, Presidency Spend N1.9bn On Trips, Trainings In France
Ministries, Departments and Agencies of the Federal Government, alongside the Presidency, spent at least N1.99billion on foreign trips, training and estacodes in France between May 2023 and September 2024.
According to The Tide’s source, the findings are based on an analysis of data from GovSpend, a transparency platform by BudgIT that tracks public expenditure.
The funds covered airfare, hotel accommodation, visa processing, estacodes, training programmes and business meetings.
A substantial portion was spent on executive training programmes, study trips and international conferences.
One of the largest single expenses was N626.91m, paid by the Office of the Special Adviser to the President on Niger Delta for the training and type rating of 35 cadet pilots in South Africa, France and Nigeria.
The funds were transferred from the GIFMIS platform to the PAP Naira Transit Account at the Central Bank of Nigeria (CBN).
The State House also recorded heavy spending on foreign trips, including N149.79m for foreign exchange purchases for the First Lady’s trip to France on April 1, 2024.
Another N6.29m was allocated in March 2024 for the processing of a five-year multiple-entry visa for the Vice President.
Several MDAs incurred significant expenses on overseas trips. The National Merit Award spent N15.5m as an advance payment for course fees for eight participants in a Paris training programme from 14 to 20 May 2023.
The Centre for Management Development spent N34.3m for six of its officials, each receiving N5.71m, to attend training in France.
Some top officials were also beneficiaries of these foreign trips. The Director-General of the Federal Institute of Industrial Research, Oshodi, Adamu Jummai, and the former Director-General of the National Directorate of Employment, Nuhu Fikpo, were among those whose trips were fully funded for executive programmes in Paris.
The Nigeria Communications Satellite Limited spent N41.09m on multiple officials, including the Technical Adviser to the NIGCOMSAT CEO, Temitope Yoosuf, for business meetings with Airbus in Toulouse, France.
Jane Egerton-Idehen, its Chief Executive Officer, and Aisha Bantam, Head of Corporate Affairs at NIGCOMSAT, were also funded with N11.88m and N5.65m, respectively, to attend the World Space Business Week in Paris.
The Nigeria Football Federation spent N124.45m on flight tickets for Super Falcons players travelling between America, France, Spain and Nigeria for their Olympic Games qualifier against Ethiopia.
Other notable payments include N10.62m by the Independent Corrupt Practices and Other Related Offences Commission for airfare for three officials attending the G20 Anti-Corruption Working Group meeting in Paris.
The Fiscal Responsibility Commission also paid N7.90m for an officer to attend the 2023 International Bar Association Conference in France.
The Federal Ministry of Health paid N5.30m each for David Beine Atuwo and Olusola Ayoola to participate in the 11th EDCTP Forum in France, covering airfare and conference participation.
The Defence Intelligence Agency made two significant payments, totalling N574.52m, for the salaries of two seconded staff of the Nigerian Financial Intelligence Unit at Interpol in Lyon, France, and Egmont Group in Ottawa, Canada.
The spending comes amid growing concerns over government expenditure and the rising cost of governance.
With the economy grappling with high inflation, fiscal deficits and a weakening naira, there have been calls for greater accountability and transparency in public spending.
The source earlier observed that in Tinubu’s first six months in office, specifically between June and December 2023, the State House spent not less than N3.4bn on both his local and foreign travels.
Similarly, in the first three months of 2024, a total of N5.24bn was spent by the State House on local and foreign travel expenses of the trio of Tinubu, Shettima and First Lady, Remi Tinubu.
A sum of N1.35bn was spent as provision for presidential trips and other related expenses between January and March, N3.53bn was expended for the purchase of foreign currencies during 10 international trips, and N637.85m was disbursed to two travel agencies for the purchase of air tickets for presidential local and foreign trips.
It was also reported that major opposition parties have faulted Tinubu’s frequent travel abroad.
According to them, the President is more interested in globetrotting than addressing pressing issues in the country.
But the presidency said a leader who sought to bring foreign investments couldn’t afford to sit back when the harvest was out there.
A few months ago, the Minister of Foreign Affairs, Yusuf Tuggar, justified President Bola Tinubu’s frequent travel abroad, saying he needs to embark on more trips because of its inherent benefits.
When reminded that Nigeria doesn’t have the money required for such frequent trips, the minister disagreed.
“Nigeria has the money. How much does travelling cost compared to the benefits? Again, how much does it cost really when you compare it to some of the things that the President has already addressed?
“How much have we wasted on fuel, electricity and other subsidies? He was subsidising consumption instead of production and subsidising the real sector of the economy”, he said.
In the past 21 months in office, Tinubu has visited about 19 countries on 32 foreign trips.
Among the countries visited were Paris, France; Malabo, Equatorial Guinea; London, the United Kingdom; Bissau, Guinea-Bissau; Nairobi, Kenya; Porto Norvo, Benin Republic; The Hague, Netherlands; Pretoria, South Africa; Accra, Ghana.
Others included New Delhi, India; Abu Dhabi and Dubai in the United Arab Emirates; New York, the United States of America; Riyadh, Saudi Arabia; Berlin, Germany; Addis Ababa, Ethiopia; Dakar, Senegal; and Doha, Qatar.
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The Federal Government has approved a whooping $1bn credit facility to support Nigerian exporters and small scale businesses to take advantage of the African Continental Free Trade Area (AfCFTA) in order to boost production, competitiveness and intra-African trade.
The $1bn AfCFTA Adjustment Fund Credit Facility is also expected to address some of the financing gap being faced by Nigerian exporters and enhance the competitiveness of African businesses within the continental market.
The Minister of Industry, Trade and Investment, Jumoke Oduwole, disclosed this during the second quarter 2026 meeting of the AfCFTA Central Coordination Committee held in Abuja.
According to a statement issued by the ministry’s Head of Press and Public Relations, Obilor-Duru Okechi, Oduwole said the financing facility represented a major opportunity for Nigerian businesses seeking to expand operations, modernise production processes and increase exports to African markets.
The statement partly read, “?The Federal Government has reaffirmed its commitment to accelerating Nigeria’s export-led growth agenda under the African Continental Free Trade Area, unveiling opportunities for businesses to access a US$1 billion AfCFTA Adjustment Fund Credit Facility aimed at boosting production, competitiveness, and intra-African trade.”
She noted that despite the progress Nigeria had made in implementing the continental trade agreement, many local businesses continued to face obstacles that limited their ability to take advantage of the single African market.
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“Many businesses still face challenges relating to export documentation, certification, standards compliance and market access,” the minister said.
She explained that the Federal Government was addressing these bottlenecks through enhanced trade facilitation measures, simplified AfCFTA guidance tools, stakeholder engagement programmes and stronger collaboration with institutions such as the Nigeria Customs Service and the Nigerian Export Promotion Council.
Oduwole stressed the need to strengthen Nigeria’s legal and regulatory framework by domesticating key AfCFTA protocols, particularly the Digital Trade Protocol, to position the country as a major player in Africa’s growing digital economy.
The minister also highlighted some of the gains recorded in Nigeria’s AfCFTA implementation efforts.
According to her, the expansion of Nigeria’s Air Cargo Corridor Initiative to Rwanda, increased collaboration with development partners and private sector players, as well as sustained engagement with state governments, were helping to deepen awareness and participation in the continental market.
In her welcome address and first-quarter update, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office, Mrs Patience Okala, provided details of the financing initiative.
Okala said the $1bn AfCFTA Adjustment Fund Credit Facility was targeted at large African businesses with a minimum financing capacity of $10m.
She revealed that the National AfCFTA Coordination Office was working closely with fund managers to facilitate access for eligible Nigerian companies and had begun assembling a pilot group of businesses to ensure that Nigeria maximised the opportunities provided by the facility.
Nkpemenyie Mcdominic, Lagos
The National Inland Waterways Authority (NIWA) has advised Nigerians against boarding boats that require constant bailing of water in the interest of their safety.
NIWA Area Manager for Cross River and Ebonyi, Mr Stanley Onuoha gave this warning in an interview with Newsmen in Calabar.
Onuoha who spoke on waterway
safety, said that passengers should take responsibility for their safety by inspecting boats before embarking on any journey.
According to him, repeated scooping of water from a boat is a clear indication that the vessel may be leaking.
“If you are entering a boat and see people using a bailer to remove water, it is the first signal that the boat is leaking,” he said.
He urged passengers to check the integrity of boats, including seating arrangements and other visible safety features.
The Manager restated the importance of using safety jackets, saying that damaged jackets may fail during emergencies.
He further said that passengers should ensure that safety jackets were appropriate for their body sizes in order to guarantee effective flotation.
Onuoha reiterated the need for passengers to fill manifests before departure to aid accountability during emergencies.
The NIWA official further advised travellers to monitor weather conditions and avoid boarding boats when the weather is unfavourable.
According to him, poor weather conditions can trigger strong tidal waves capable of affecting small boats commonly used on inland waterways.
He said that waterway journeys should be embarked upon between 6.00a.m and 6.00p.m for clearer visibility.
Onuoha said the Authority had continued to sensitise riverine communities to the need for safety precautions during waterway journeys.
He stated that sustained awareness campaigns and enforcement measures had contributed to safety waterway safety in Cross River.
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