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Home > Headlines > Page 181
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Immigration
Headlines

Immigration Service Raise Alarm Over High Level Illegal Migration in Nigeria

by Nelson Ugwuagbo November 13, 2024
written by Nelson Ugwuagbo

The Edo State Controller of the Nigeria Immigration Service (NIS), Martins Moye, has sounded an alarm over the growing number of irregular migrants entering Nigeria. He made this statement during the 2024 NIS enlightenment campaign against irregular migration held in Benin, the Edo State capital.

Moye emphasized the importance of public awareness in combating irregular migration and highlighted efforts by the NIS to address the issue.

Speaking at the event, David Amanahu, a facilitator from the NIS headquarters in Abuja, pointed out Edo State’s longstanding role in irregular migration patterns. He noted, however, that recent efforts by the Edo State Command have led to significant improvements, allowing the state to drop in national rankings for irregular migration.

“The positive news is that Edo State is no longer ranked number one in irregular migration,” Amanahu said, crediting the Edo team’s dedication in tackling the issue.

Delivering a message from the Controller-General of Immigration, Kemi Nandap, Amanahu also emphasized the NIS’s strengthened focus on border management and migration concerns.

November 13, 2024 0 comments
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Headlines

FG Targets $10 Billion Power Investment with Private Sector Collaboration

by Folarin Kehinde November 13, 2024
written by Folarin Kehinde

The Nigerian government has announced plans to partner with the private sector to address the $10 billion funding gap required to overhaul the country’s power sector in the next five to ten years.

This move was confirmed after a meeting between the Director General of the Infrastructure Concession Regulatory Commission (ICRC), Dr. Jobson Oseodion Ewalefoh, and the Minister of Power, Chief Adebayo A. Adelabu, in Abuja on Tuesday.

Dr Ewalefoh stressed the critical role of the private sector in revitalising the power sector. “The investment required in power is very huge and government cannot fund it alone, so we have to leverage the financing capacity of the private sector. That is why the ICRC was set up to regulate this leverage,” he said.

He highlighted that while the government has a vital role, only private-sector collaboration can bring the required capital and expertise.

The Minister of Power echoed these concerns, underscoring the immense investment needed for a stable electricity supply.

“For us to achieve 24-hour power supply across Nigeria in the next 5 to 10 years, there is a minimum funding requirement of about $10 billion. The government cannot afford that, when there are other critical sectors in need of funding. We need to do this in collaboration with the private sector, and the best way is through concession,” Adelabu explained.

Both officials agreed that optimising current infrastructure performance and financing new projects would necessitate close collaboration between public and private entities.

To facilitate this, the ICRC, responsible for regulating public-private partnerships (PPP), is set to streamline the processes involved.

Dr Ewalefoh outlined a six-point policy to accelerate project delivery and prevent delays caused by underprepared companies.

To reassure stakeholders about the integrity of the process, Dr Ewalefoh also discussed the commission’s measures to ensure accountability.

“We are insisting on inserting conditions precedent to all PPP agreements so that any preferred bidder that defaults will have their agreement automatically nullified,” he affirmed.

This initiative marks a significant step toward revitalising Nigeria’s power sector and improving electricity supply nationwide.

The government hopes to unlock foreign direct investment by leveraging private sector investment, stimulating economic growth, and providing Nigerians with consistent, reliable power in the coming years.

November 13, 2024 0 comments
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Headlines

Insecurity: Over 971 Nigerians kidnapped in October 2024 – Report

by Folarin Kehinde November 13, 2024
written by Folarin Kehinde

No fewer than 971 Nigerians were abducted across the country in October 2024, LEADING REPORTERS gathered.

The revelation is coming amid the emergence of a new terror group, ‘Lakurawa’ in the northwestern part of the country.

The data is contained in the ‘October 2024 Nigeria Security Report’ by Beacon Security and Intelligence Limited, BSIL, a security risk management and intelligence consulting company, and made available to DAILY POST on Tuesday.

The report said there’s a deterioration of security metrics of incidents, abductions and fatalities in the country, warning that the rising numbers suggested that 2024 was likely to be the worst year in security performance in about a decade.

It explained that the month under review was marked mainly by developments associated with violent activities, including killings and kidnapping for ransom mainly by non-state armed groups (NSAGs), criminal gangs, cult groups, and armed ethnic militias, and social unrest in the form of protests and labour action triggered by the harsh socio-economic circumstances in the country and political activities.

The security firm revealed that data collected indicated that the country recorded a 51% rise in fatalities and 24.42% increase in abductions.

A breakdown of the report according to BEACON INTEL showed Nigeria recorded 861 security incidents, of which 64.92% (559) were attributed to security threats, 24.79% (215) consisted of security forces operations, and 4.99% (43) were attributed to safety incidents from October 1-31, 2024.

In the month under review, the country also recorded 1545 fatalities, with 67.70% attributed to civilian deaths, 25.89% to criminals/non-state armed groups (NSAGs), and 6.40% attributed to security forces and 971 individuals abducted.

In terms of distribution across the country, the North East and North West regions were the most affected by security incidents, which account for 52.03% of the total incidents, respectively, whereas the South East reported the fewest incidents at 7.78%.

The number of individuals abducted increased from 807 in September 2024 to 971 in October 2024, marking a 20.32% increase and a shift from the 11.03% decline recorded in September 2024.

“The North West was the hardest hit, with 83.83% of all abductions occurring in this region, while the South West region experienced the least number of abductions with 0.21%.

“Of the total number of abducted individuals, Northern Nigeria accounted for 954 (98.25%), while Southern Nigeria accounted for 17 (1.75%),” the report added.

November 13, 2024 0 comments
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Diabetes
Headlines

6 Million Nigerians at Risk as Diabetes Care Becomes Unaffordable – DAN

by Nelson Ugwuagbo November 13, 2024
written by Nelson Ugwuagbo

The Diabetes Association of Nigeria (DAN) has raised alarm over an “existential threat” faced by six million Nigerians with diabetes due to skyrocketing healthcare costs.

In a statement marking United Nations World Diabetes Day, observed on November 14, DAN’s National President, Dr. Ejiofor Ugwu, noted that diabetes claims the lives of 30,000 to 40,000 Nigerians each year.

Dr. Ugwu highlighted that between 6 and 8 million Nigerians, approximately 5.7 percent of the population, are affected by diabetes, though this estimate may be low as two-thirds of cases remain undiagnosed due to a lack of routine screening.

“Diabetes kills an estimated 30,000 to 40,000 Nigerians annually,” Dr. Ugwu stated, adding that diabetes management in Nigeria faces numerous challenges, including widespread poverty, low awareness, a shortage of diabetes specialists, cultural and religious barriers, and insufficient care facilities.

According to Dr. Ugwu, the cost of diabetes medications and consumables has risen dramatically in the past year. He cited that the price of insulin, once around N4,000 per vial, now stands at approximately N18,000, a more than 400 percent increase, putting care out of reach for many patients. “This creates a significant barrier to optimal diabetes care in Nigeria, resulting in increased complications and premature deaths,” he said.

Dr. Ugwu urged the Federal Government to urgently subsidize diabetes medications and consumables to make them more affordable. Additionally, he called for a full tax waiver on the importation of diabetes-related medications and consumables and advocated for the reintroduction of a sugar-sweetened beverages tax—discontinued in June 2024—with revenues directed toward diabetes and non-communicable disease prevention.

Dr. Ugwu also emphasized the need for a national survey on non-communicable diseases, stating that reliable data would support informed healthcare policy-making in Nigeria.

November 13, 2024 0 comments
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Headlines

2027: How Opposition Can Unseat Tinubu – Primate Ayodele Reveals

by Folarin Kehinde November 13, 2024
written by Folarin Kehinde

Primate Elijah Ayodele, the leader of INRI Evangelical Spiritual Church, has warned opposition political parties about the 2027 presidential election.

In a statement on Tuesday, Ayodele emphasized that a united opposition front is the only way to unseat President Bola Tinubu.

He advised major opposition parties such as the Peoples Democratic Party (PDP), Labour Party (LP), and New Nigeria Peoples Party (NNPP) to form a coalition, or their efforts would be in vain.

Ayodele explained that without a collective strategy and a strong, capable candidate, the opposition would face certain defeat.

He remarked, “If PDP, Labour, NNPP don’t unite to form a coalition and propose one rugged and solid candidate for the 2027 presidential election, they won’t be able to unseat President Tinubu.”

Further criticizing the PDP’s internal dynamics, Ayodele warned that if the party fielded former Vice President Atiku Abubakar again, it would result in a “disaster.”

He added that no current PDP governor had the necessary strength to challenge Tinubu’s presidency.

“If PDP decides to field Atiku, it will be a disaster, they will lose the election,” Ayodele said. “There is no sitting governor in the PDP who has the capacity to become president in 2027. They are not strong enough.”

As the 2027 election approaches, Ayodele’s remarks highlight the growing pressure for opposition unity if the opposition is to have a fighting chance against the incumbent president.

November 13, 2024 0 comments
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Edo
Headlines

BREAKING: Governor Okpebholo appoints Oshiomole’s son commissioner of health

by Folarin Kehinde November 13, 2024
written by Folarin Kehinde

The newly sworn-in governor of Edo state, Senator Monday Okpebholo, has made more appointments to his cabinet.

LEADING REPORTERS reports that Okpebholo has named Barrister Musa Ikhilor as the Secretary to the State Government (SGG).

This move comes hours after Okpebholo assumed office on Tuesday and a day after appointing Fred Itua as his Chief Press Secretary.

Dr. Samson Osagie, a former federal lawmaker, has also been nominated as the State’s Attorney-General and Commissioner for Justice. Meanwhile, Dr. Cyril Oshiomhole, son of former Governor Adams Oshiomhole, has been nominated as Health Commissioner. The senior Oshiomhole is the incumbent Senator representing Edo North senatorial district in the National Assembly and has been instrumental to the victory of Governor Okpebholo.

According to a press statement by the Chief Press Secretary (CPS) to the governor, the nominations of Osagie and Oshiomhole will be confirmed by the Edo State House of Assembly when their names are forwarded by Governor Okpebholo.

November 13, 2024 0 comments
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Tinubu and IMF
Headlines

Property Tax, Key For Nigeria’s Economic Stability – IMF

by Nelson Ugwuagbo November 13, 2024
written by Nelson Ugwuagbo

The International Monetary Fund (IMF) has highlighted property tax as a critical but underutilized revenue source for Nigeria and other low-income countries in their pursuit of sustainable growth.

In a recent blog post titled “How Property Taxes Can Help Low-Income Countries to Develop”, the IMF proposed that efficient property tax reforms—particularly in urban centers like Lagos—could significantly increase local government revenues, enabling funding for essential infrastructure and services.

According to IMF estimates, global governments will require an additional $3 trillion to meet development goals by 2030. Emerging markets will need to raise an equivalent of 4 percent of their GDP, while low-income countries will need 16 percent, a significantly higher target.

In regions like Nigeria, where high revenue demands are coupled with limited income and wealth tax frameworks, property taxes present a viable alternative, the IMF said. Findings from the IMF indicate that countries in Africa and Asia currently collect only around 0.1 percent of GDP from property taxes, compared to over 1 percent in OECD countries and up to 3 percent in certain advanced economies.

The IMF blog stated, “The world’s governments must raise an additional $3 trillion to achieve sustainable and inclusive economic growth goals this decade. The cost in emerging markets equals 4 percent of gross domestic product and 16 percent for low-income countries.”

The IMF emphasized the potential of property tax reforms in large urban areas, such as Delhi and Lagos, noting that improved property tax collection could significantly contribute to local revenue. Prior IMF research has shown that countries can increase domestic tax revenue by up to 5 percentage points of GDP over two decades if needed.

The IMF acknowledged the political difficulties surrounding tax reforms, pointing to recent examples of social unrest in response to tax increases. However, the report suggested that locally collected property taxes could face fewer political challenges compared to broader national tax hikes.

The organization also observed that recurring taxes on immovable property could allow local governments to capture the wealth generated by urban development, especially in light of challenges with income and wealth taxes in developing economies.

The IMF further highlighted that advanced economies collect more than 1 percent of GDP from property taxes on average, with some raising nearly 3 percent, while emerging regions in Asia and Africa only achieve 0.1 percent. The IMF suggested that with the right policy changes and technology—such as satellite imagery and drones—property tax collection could become ten times more effective.

To ensure sustainable adoption, the IMF recommended that municipalities gradually transition from area-based taxes to a full market value-based system as technology and valuation methods improve. The use of geographic information systems (GIS) and drones in cities like Delhi and Bangalore to track property changes was noted as a model, with the IMF encouraging similar approaches in Nigeria.

“An area-based approach initially, supported by the precision of modern mapping tools, can help countries transition smoothly to market-value-based property taxes. This pathway makes property-tax reform practical and politically appealing, especially when well-communicated to the public,” the IMF observed.

The IMF reiterated that with effective implementation, property taxes could help resource-constrained countries like Nigeria enhance local services, strengthen economic stability, and promote inclusive growth, laying a foundation for a more resilient fiscal future.

November 13, 2024 0 comments
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Tinubu
Headlines

President Tinubu Departs Saudi Arabia Today

by Nelson Ugwuagbo November 12, 2024
written by Nelson Ugwuagbo

President Bola Tinubu will depart Riyadh, the Saudi Arabian capital, on Tuesday following his attendance at an extraordinary Arab-Islamic summit focused on the current Middle East crisis. His flight is scheduled to depart at 3:40 p.m. local time.

During the summit, President Tinubu called for an end to Israeli aggression in Gaza, describing the long-standing conflict in Palestine as a source of “immeasurable suffering.” Addressing leaders from the Organization of Islamic Cooperation (OIC) and the League of Arab States, he expressed deep concern for the humanitarian crisis in Gaza.

Tinubu reiterated Nigeria’s call for an immediate ceasefire and voiced support for a two-state solution that ensures peaceful coexistence for both Israelis and Palestinians. He emphasized that this approach remains central to lasting peace in the region.

“The conflict in Palestine has persisted for far too long, inflicting immeasurable suffering on countless lives,” he stated. “As representatives of nations that value justice, dignity, and the sanctity of human life, we have a moral obligation to collectively bring an end to this conflict.”

He urged global leaders to take meaningful action beyond issuing condemnations, stressing, “The world must work towards an end to Israeli aggression in Gaza, which has persisted for far too long. No political aim, military strategy, or security concern should come at the expense of innocent lives.”

November 12, 2024 0 comments
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Okpebolho
Headlines

“My Deputy and I will Not Betray You” – Okpebholo Promise Edo Residents During Inauguration

by Nelson Ugwuagbo November 12, 2024
written by Nelson Ugwuagbo

Governor Okpebholo during his inauguration ceremony held on Tuesday at the Samuel Ogbemudia Stadium in Benin City, has promised not to fail the people of Edo state who had given him the mandate.

“Today, you have officially given me the mandate to preside over our dear state as governor for the next four years,” Okpebholo stated during his swearing-in ceremony. “We will not betray this confidence you have placed in me and the Deputy Governor, Rt. Honourable Dennis Idahosa.”

The governor expressed gratitude to the people for their support in the September 21 governorship election, in which he defeated Asue Ighodalo of the Peoples Democratic Party (PDP) and other candidates.

“Let me start by thanking God Almighty for His grace and incredible blessings. Democracy has triumphed again in our state,” said the All Progressives Congress (APC) candidate. He further thanked the citizens for their peaceful conduct during the election.

Okpebholo pledged to prioritize citizens’ welfare and focus on supporting small businesses, underscoring his commitment to improving lives across the state.

November 12, 2024 0 comments
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Osun Governor
Headlines

Governor Adeleke To Present Osun 2025 Budget Proposal Tomorrow

by Nelson Ugwuagbo November 12, 2024
written by Nelson Ugwuagbo

Osun State Governor Ademola Adeleke is set to present the 2025 Appropriation Bill to the Osun State House of Assembly on Wednesday, November 13, 2024.

This was disclosed in a statement by Olamide Tiamiyu, Chief Press Secretary to House Speaker Adewale Egbedun, on Tuesday in Osogbo. The statement described the upcoming budget presentation as a significant step for Osun State’s fiscal planning.

According to the statement, the governor’s intent to present the budget was formally communicated to the Speaker in an official letter.

“This presentation aligns with constitutional requirements, ensuring that the draft budget is submitted for legislative scrutiny and approval,” the statement read.

The 2025 budget proposal is informed by a series of Stakeholders’ Consultative Forum Meetings held across the state, where residents provided valuable insights and suggestions to guide the budgetary process.

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