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Sanwo-Olu: Delivering on THEMES developmental agenda
It is over two years that a successful banker and seasoned administrator, Mr. Babajide Sanwo-Olu took over mantle of leadership as the 15th Governor of Lagos State. Sanwo-Olu, who was once a three-time commissioner and Managing Director/CEO of the Lagos State Development and Property Corporation (LSDPC), took the oath of office along with his deputy, Dr. Obafemi Hamzat on May 29, 2019.
Governor Sanwo-Olu, in his inauguration speech, spoke passionately on his plans for Lagos State, especially his dream of a ‘Greater Lagos,’ anchored by a six-pillar THEMES developmental agenda.
Governor Sanwo-Olu is passionate about Lagos and his vision for the Centre of Excellence has made him to deliver good governance and dividends of democracy to millions of Lagosians within his 834 days in office. With massive support and cooperation from his deputy, Dr. Hamzat and other members of the State Executive Council as well as major stakeholders in Lagos State, Governor Sanwo-Olu has taken Lagos to a greater height.
Governor Sanwo-Olu has shown leadership in managing the affairs of Lagos State and protecting the citizens of the state, especially during the COVID-19 pandemic. Since Lagos became the epicenter of the pandemic in Nigeria in February 2020, the governor has been up to the task assuming the position of Incident Commander and ensuring that the pandemic is well managed in Lagos State and today, Nigerians have a relief from the deadly virus as infections rate has reduced drastically going by daily account of the Nigeria Centre for Disease Control (NCDC).
Apart from COVID-19 pandemic, Lagos was also hit last year by massive destruction of properties worth billions of naira destroyed during last year’s #EndSARS protests hijacked by hoodlums. Despite these challenges, Governor Sanwo-Olu took the bull by the horn to put Lagos on the path of success through the Lagos Rebuild initiative.
Governor Sanwo-Olu, who seems to be very conscious of the number of days and years he is constitutionally allowed to spend in office as a democratically elected Chief Executive of the Centre of Excellence, believes that his mid-term in office must be marked with visible and iconic projects that will cut across all the sectors itemised in the THEMES’ developmental agenda, despite the negative impact of the global COVID-19 pandemic and the #EndSARS protest that almost grounded Lagos as a results of hoodlums hijacking peaceful agitations by Nigerian youths.
Speaking at the “2021 State of the State Address” held at the Lagos House, Ikeja on Thursday May 27 in commemoration of his second year in office, which was attended by his deputy, Dr. Obafemi Hamzat, members of his cabinet, traditional rulers, political gladiators, captains of industries and media executives, among others, Governor Sanwo-Olu said the Greater Lagos collectively envisioned by Lagosians is closer now than ever before.
Traffic Management and Transportation
The Babajide Sanwo-Olu administration has developed a reliable intermodal system of transportation by investing heavily in waterways and light rail transportation system as well as road transportation to make life easy for Lagosians.
The State Government has reduced traffic congestion in different parts of Lagos by resolving key gridlock points, maintenance of road infrastructures, decongestion of traffic by connecting more communities with new link roads and bridges, provision of intelligent transport systems to optimise the transport network and completion of ongoing strategic transport projects in rail, water and road. The administration has developed Lagos Bus Reform Initiative, which is designed to provide comfortable and reliable bus service for commuters. Governor Sanwo-Olu, few months ago commissioned 500 First and Last Mile Buses to ease transportation system in Lagos. The incumbent administration also has a success story in the water transportation.
In works and infrastructure, the Babajide Sanwo-Olu administration within two years delivered 51 iconic projects in Lagos State. Among the iconic projects are Pen-Cinema fly over, ramp and road networks at Lagos-Ogun boundary and other parts of the State. The administration also constructed and rehabilitated 301 inner roads in the 20 Local Government Areas and 37 Local Council Development Areas (LCDAs). It also commissioned the Oshodi-Abule Egba BRT lane and rolled out hundreds of buses plying different routes in Lagos State.
Health and Environment
Babajide Sanwo-Olu’s administration has also made significant impact in touching the lives of millions of Lagosians in the areas of health and environment, which is the second pillar of the THEMES developmental agenda. The incumbent government in the last two years, believes that nothing should be spared to give Lagosians quality health care. It has made a lot of intervention in the health sector for Lagos residents to feel the presence of the government, especially during the COVID-19 pandemic.
The proactive and efficient management of the COVID-19 pandemic by Lagos State Government has been adjudged as the most significant achievement of the Health and Environment pillar of the THEMES development agenda.
The State has also witnessed improved capacity and capability in area of infrastructure and personnel. Aside from the comprehensive renovation of medical facilities at Ebute-Metta Health Centre, Harvey Road Health Centre, General Hospitals at Odan, Isolo and Ketu-Ejinrin, the State has also developed new facilities, such as the New Massey Children Hospital, New General Hospital in Ojo, and a Rehabilitation and Mental Health facility in Ketu Ejinrin.
The State Government is also building a 300-bed Isolation Centre and a Research Institute at IDH, Yaba. The administration recently commissioned three Oxygen Plants and new Doctors’ Quarters built at Gbagada and Isolo. The administration has also improved maternal and child health care in Lagos State, with the inauguration of the Mother and Child Centres (MCCs) in Eti-Osa, Igando, Badagry and Epe.
In the Environment, the Babajide Sanwo-Olu administration within two years in office has invested significantly in the waste collection capacity of LAWMA. It has also increased the capacity of PSP operators from 320 compactor-trips to 720 compactor-trips daily, and commissioned a mini-effluent treatment plant to determine waste toxicity before release into the atmosphere. The administration has also made significant improvement in Drainage management and maintenance.
Education and Technology
Education and Technology is the third pillar in the THEMES Agenda of the Babajide Sanwo-Olu administration and since his assumption in office on May 29, 2019, Governor Sanwo-Olu has never paid lip service to education in the State.
The incumbent administration has completed more than 1,097 school projects in just two years. It built six Secondary Schools, provided over 100,000 tables and chairs, built 450 classrooms and provided 2,000 hostel beds in model schools. It also introduced EKO EXCEL – an education reform programme targeted at developing highly skilled teachers through training, support and motivation. The EKO EXCEL initiative has reached about 1,009 schools, 13,000 teachers and 450,000 pupils.
Since the inception of the administration, over 2,000 teachers have been recruited for public secondary schools. It has also stretched the opportunity for continuous learning with the establishment of additional 21 Adult Literacy Centres, which took the number of such centres in Lagos State to 1,284.
It is also worthy of note that the global ranking of Lagos State University (LASU), the state-owned tertiary institution has gone up. It is a reflection of the level and quality of support provided to tertiary institutions in Lagos State by the incumbent administration. LASU moved to prominence, and occupies a regal position in the hierarchy of universities in Nigeria. Like LASU, other Lagos State-owned institutions have received both ample materials and financial support that have adequately strengthened their operations and boosted their competitiveness internationally. The administration has also concluded plans to upgrade Lagos State Polytechnic (LASPOTECH) and Lagos State College of Education (LACOED) to Universities.
As a State that caters for its students, Lagos State Government paid a total sum of N218, 795,000 million as bursary awards to 6,411 students of the state’s origin in various higher institutions of learning to support their education. The government also provided sum of N217, 732,955.44 million as scholarship awards to a total number of 981 beneficiaries.
The popular narrative that teachers’ rewards are in heaven is changing gradually with Lagos State Governor, Mr. Babajide Sanwo-Olu, as he preaches that teachers’ reward should no longer be in heaven but on earth. He believes that teachers should reap the reward of their labour while on earth and not after death. This new belief made Governor Sanwo-Olu present handsome rewards to teachers adjudged to have made quality impacts in Lagos State’s teaching service. Setting new records of reward for teachers in the State, Governor Sanwo-Olu few months ago presented three-bedroom and two-bedroom flats to two teachers and also rewarded 13 teachers and school administrators with a brand new cars each at the Year 2020 Teachers’ Merit Award organised by the Ministry of Education for making quality impacts in the State’s teaching service.
Lagos State Government under Governor Babajide Sanwo-Olu is standing up to the call to implant technology at the heart of everything in Lagos. The vision of becoming #DigitalLagos or a smart city of relevance, has started to crystallise with the laying of 3,000km fibre across the State. The administration has covered 1,800km, which has provided connection to 100 schools and 12 hospitals.
Riding on the Fibre infrastructure is the Smart City Project, which will enhance traffic management and security, with the planned installation of about 2,000 cameras at strategic locations. The test-run has begun, with the installation of about 150 smart cameras on the streets.
As part of the measures put in place for formal and informal education, the Ministry of Women Affairs and Poverty Alleviation through the Women Affairs Department organised a series of programmes and activities aimed at improving the status of Women in Lagos State and making them economically independent. The Lagos State Employment Trust Fund (LSETF) has also provided financial support to residents of Lagos State for jobs, wealth creation and employment. It has promoted entrepreneurship by improving access to finance, strengthening the institutional capacity of MSMEs and formulating policies designed to improve the business environment in Lagos State. So far, the initiative has supported over 14,646 small businesses in Lagos State and created more than 123,720 jobs, especially for young persons in the State.
Making Lagos a 21st century economy
The fourth pillar of the THEMES developmental agenda is Making Lagos a 21st century economy. To achieve this, the incumbent government has recorded a milestone in infrastructural development in various parts of the State, amongst which is heavy investments by public and private sectors at the Lekki Free zones. Lagos State Government has also provided business-friendly environment and ease of doing business for many investors to set up business empires in the Centre of Excellence.
The Babajide Sanwo-Olu administration has also made significant progress in the area of housing by increasing access to home ownership with emphasis on first-time home owners and enhancing the rent-to-own policy; maintaining existing and newly commissioned housing schemes through facility managers to prevent dilapidation of estates and renewal of dilapidated estates.
Within two years in office, Lagos State Government through the Ministry of Housing has completed and commissioned 492 homes unit at Alhaji Lateef Kayode Jakande Gardens in Igando, 360 homes at Prince Abiodun Ogunleye Estate in Igbogbo and 124 home units at Lekki Phase 1. The Ministry of Housing through Joint Ventures agreements has provided 252 two bedroom Bungalows at Lagos State Affordable Public Housing Scheme Idale, Badagry; 124 homes at LagosHOMS Lekki Phase II and 132 homes at Babatunde Raji Fashola Estate at Iponri.
Lagos State Government through the LSDPC provided six units of two bedroom flats in Olutunda Ilupeju, 120 home units at Courtland Villas at Igbokushu, Eti-Osa and Bayview Estate Ikate-Elegushi with 100 units (32 units three-bedroom flats and 68 units 4 bedroom Terraces with Maid’s room) and Sunnyville Apartments located in Nob Oluwa, Ogba (32 units of 2 bedroom flats).
It is noteworthy that the Babajide Sanwo-Olu’s administration strengthened its policy of delivering homes to Lagosians through the existing Rent-To-Own Mortgage System. Under this arrangement, individuals are required to pay only five per cent of the cost of the housing unit as the commitment fee and the balance spread over a period of 10 years with minimum interest obtainable under the scheme.
The Sanwo-Olu administration has done so much in the area of agriculture and food security. Lagos has developed and commenced implementation of a five-year Agricultural and Food Security Road Map. The full implementation of the strategy will enable the state to achieve 40 per cent sufficiency in food production by 2025.
With initiatives such as the Agro Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) Project amongst others, which were designed to empower, train and build capacity development of the youth and women, especially in selected key value chains such as fisheries, poultry, rice, aquaculture and horticulture, the State Government has trained and empowered thousands of farmers in the State.
The State Government under Governor Babajide Sanwo-Olu unveiled a five-year Agricultural Road Map between year 2021 to 2025. This road map will enable the State Government actualise her dreams of food security within the stipulated time frame.
The long awaited 32 metric tonnes per hour Imota rice mill, one of the largest in sub-Sahara Africa is at over 85 per cent completion stage. When completed it will provide over 250 thousand direct and indirect jobs across different value chains.
Entertainment and Tourism
Among the numerous transformational initiatives deployed to strengthen the socio-economic positioning of Lagos State globally, the energy of the city, fuelled by a thriving entertainment industry is unmistakable. And this is why Governor Babajide Sanwo-Olu has made huge investment in Entertainment and Tourism, the fifth pillar of the developmental agenda.
Aside from landmark facilities and initiatives like the J.K Randle Centre for Yoruba history, Glover Memorial Hall, Lagos Theatre in Badagry, Badagry Museum and major Tourist attractions in Badagry, the incumbent administration is also working with the Federal Government to rehabilitate the National Arts Theatre Iganmu into a world class entertainment, fashion, music, technology and cultural hub as a deliberate and purposeful mission to boost the tourism appeal of Lagos State.
The Babajide Sanwo-Olu administration’s empowerment drive through partnerships with the Ebony Life Academy and Del York Creative Academy, is yielding positive result with no fewer than 2,000 youths receiving training in different aspects of cinematography; such as Scriptwriting, Directing and others. This is aimed at unlocking the huge talent and potential in the creative arts space.
The administration has also launched the Lagos Creative Initiative (LACI) for focused development of the creative industry, which has birthed the 100-hecterLagos Film City in Ejinrin. Besides, it has given financial support in excess of N1billion to operators to cushion the effect of COVID-19 on the industry.
Security and Governance
In line with the Governor Babajide Sanwo-Olu’s THEMES Agenda, the administration has worked tirelessly to ensure that Lagos is safe and secure for the residents of the State and investors. As at today, security agencies in Lagos State can boast of modern day armoury. On Thursday, June 10, President Muhammadu Buhari joined Governor Sanwo-Olu to officially handover patrol vehicles and various security equipment to security agencies in Lagos State. The equipment were; 150 Double Cabin Vehicles, 30 Saloon Patrol Vehicles, 1,000 Ballistic Vests, 1,000 Ballistic Helmets, 1,000 Handheld Police Radios/Walkie Talkies, 100 Security Patrol Bikes, two Armored Personnel Carriers (APCs), four High Capacity Troop Carriers, two Anti-Riot Water Cannon Vehicles and Office/Command Furniture and other Ancillary Support Resources.
Lagos State Civil Service, which has many ministries, departments and agencies are role models to many states in Nigeria as a result of several developmental strides of the Babajide Sanwo-Olu administration.
Despite delivering on his campaign promises, Governor Sanwo-Olu is not looking back as he is marching on towards the attainment of the “Greater Lagos” dream.
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Fake Agency Scandal Deepens as Ministers, DGs Face Foreign Travel Hurdles
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The Federal Government has barred ministers, heads of ministries, departments and agencies and other government appointees from embarking on official foreign trips without prior approval from the Office of the Secretary to the Government of the Federation.
The government also directed the Ministry of Foreign Affairs to make evidence of valid approval from the Office of the Secretary to the Government of the Federation a mandatory requirement for processing official travel documents, including official, diplomatic and service visas for government appointees.
The directive was contained in a circular signed by the Secretary to the Government of the Federation, George Akume, and addressed to top government officials and heads of major Federal Government institutions.
The move comes amid heightened scrutiny of government agencies and individuals claiming to represent the Federal Government, following the controversy surrounding the self-styled Director-General of the purported Presidential Foreign Intervention Promotion Council, Prince Adeniyi Adeyemi.
The controversy has raised questions about how individuals claiming official status can undertake engagements in the name of Nigeria, including foreign engagements, without clear evidence of government authorisation.
However, the latest directive is broader and applies to Federal Government appointees generally.
The circular, titled “Non-Compliance by Government Appointees with the Requirement for OSGF Approval for Official Foreign Trips and the Mandatory Inclusion of OSGF Approval in the Processing of Official Visas,” said the government had observed that some officials continued to embark on official foreign trips without obtaining the required clearance.
It stated, “It has been observed with concern that some Federal Government Appointees continue to embark on official foreign trips without obtaining prior approval from the Office of the Secretary to the Government of the Federation (OSGF), contrary to extant government directives and established administrative procedures regulating official travels outside the country.”
The SGF recalled that the government had issued several circulars over the years to regulate official foreign travel by ministers, heads of ministries, departments and agencies, boards, committees and other public officials.
According to the circular, these directives were issued “with a view to promoting accountability, fiscal discipline and effective coordination of Government business.”
The circular listed a September 18, 2023, circular on “Guidelines for Official Travels by Cabinet Members, Heads of Agencies and Public Officials”, a March 31, 2015, circular on “Guidelines for Official Trips by Chairmen of Federal Government Committees, Boards of Corporations and Government-Owned Companies” and a September 27, 2017, circular on “Additional Cost Control Measures to Guide Foreign Trips by Ministers and Senior Government Officials.”
It also referenced a March 8, 2018, circular on “Observed Indifferent Adherence to Extant Regulations Guiding the Conduct of Foreign Trips by Public Officials” and a November 20, 2012, circular on “Further Cost-Cutting Measures and Fiscal Prudence on Travel by Cabinet Members.”
Despite the previous directives, the SGF said cases of non-compliance had persisted.
The circular stated, “Despite these directives, instances of non-compliance continue to be recorded.”
It warned that the development had broader implications for government administration, stating, “This trend undermines Government’s efforts to ensure proper coordination, accountability, transparency, prudent management of public resources and effective monitoring of official foreign engagements undertaken on behalf of the Federal Government of Nigeria.”
The government consequently reaffirmed the requirement for prior clearance.
The circular stated, “Accordingly, all official foreign trips undertaken by Federal Government appointees shall continue to require prior approval from the Office of the Secretary to the Government of the Federation before such trips are undertaken, except where otherwise expressly provided by law or by specific Presidential directive.”
It added, “This requirement is consistent with the principles of due process, centralised coordination of government business and prudent management of public resources, as reflected in the Public Service Rules, 2021 Edition, the Financial Regulations (Revised Edition, January 2009) and other extant Government directives.”
As part of the immediate measures to strengthen compliance, the Ministry of Foreign Affairs has been directed to ensure that evidence of OSGF approval forms part of the documentation required for official foreign travel.
The circular directed that “The Ministry of Foreign Affairs shall include evidence of valid OSGF approval, where applicable, as a mandatory requirement in the processing of requests for official Notes Verbales, diplomatic facilitation and all applications relating to official foreign travel by Government Appointees.”
The ministry was further directed to communicate the requirement to foreign missions and embassies operating in Nigeria.
It stated, “The ministry is further requested to formally communicate this requirement to all Foreign Missions and Embassies accredited to the Federal Republic of Nigeria, advising that applications for Official, Diplomatic or Service Visas by Government Appointees should, where applicable, be accompanied by duly issued OSGF travel approval as part of the mandatory supporting documentation.”
The new measure therefore gives foreign missions an additional means of verifying whether a Nigerian government official travelling on official business has received the required authorisation.
The Office of the Auditor-General for the Federation was also assigned responsibility for checking compliance with the directive during audit exercises.
According to the circular, “The Office of the Auditor-General for the Federation shall require every government appointee who undertook an official foreign trip at public expense to produce evidence of the requisite OSGF approval during audit exercises.”
The government further warned that public funds spent on unauthorised foreign trips would be subject to scrutiny.
It stated, “Any expenditure incurred in respect of official foreign travel undertaken without the required approval shall be reported appropriately in accordance with extant Financial Regulations and applicable audit procedures.”
The directive also places a direct responsibility on accounting officers and heads of Federal Government institutions to prevent the processing of public funds for unauthorised trips.
It stated, “Accounting Officers, Permanent Secretaries, Chief Executive Officers and Heads of Federal Government Agencies shall ensure that no expenditure relating to official foreign travel by government appointees is processed unless the requisite OSGF approval has first been obtained.”
The SGF consequently directed all ministers, permanent secretaries, accounting officers and heads of ministries, departments and agencies to ensure compliance.
The circular stated, “All Honourable Ministers, Permanent Secretaries, Accounting Officers and Heads of Ministries, Departments and Agencies are hereby directed to ensure strict compliance with the provisions of this Circular.”
It further stated that the directive was effective immediately, declaring, “This circular takes immediate effect and supersedes any administrative practice inconsistent with its provisions, without prejudice to existing extant regulations governing official foreign travel.”
The circular was addressed to the Chief of Staff to the President; Deputy Chief of Staff to the Vice President; all Honourable Ministers and Ministers of State; Head of the Civil Service of the Federation; National Security Adviser; Economic Adviser to the President; Special Advisers and Senior Special Assistants.
It was also addressed to the Chief of Defence Staff, Service Chiefs and Inspector-General of Police; Governor of the Central Bank of Nigeria; Chairman, Federal Civil Service Commission; Chairman, Police Service Commission; Chairman, Code of Conduct Bureau; Chairman, Code of Conduct Tribunal; Chairman, Federal Character Commission; Chairman, Revenue Mobilisation, Allocation and Fiscal Commission; Chairman, Federal Inland Revenue Service; Chairman, Independent National Electoral Commission; Chairman, National Population Commission; Chairman, Independent Corrupt Practices and Other Related Offences Commission; Chairman, Economic and Financial Crimes Commission and Chairman, National Drug Law Enforcement Agency.
Other recipients listed in the circular were all permanent secretaries and Heads of Extra-Ministerial Departments; Clerk of the National Assembly; Chief Registrar of the Supreme Court of Nigeria; Accountant-General of the Federation; Auditor-General for the Federation; and Directors-General and Chief Executives of Parastatals, Agencies and Government-Owned Companies.
The breadth of the recipients means the directive covers ministers, senior political appointees, permanent secretaries, security chiefs, heads of regulatory and anti-corruption bodies, electoral institutions, financial institutions, government agencies and government-owned companies.
The development is coming against the backdrop of the controversy over the purported PFIPC, which has drawn attention to the need for stronger verification of individuals and organisations claiming to represent the Federal Government.
The purported PFIPC and its self-styled Director-General, Adeyemi, have been at the centre of investigations into alleged impersonation and the use of questionable government documents.
The matter has also raised concerns about how purported government officials could engage public institutions and foreign entities while claiming to represent Nigeria.
The latest directive, however, does not single out the purported PFIPC or Adeyemi.
Instead, it establishes a general requirement that government appointees must obtain central approval before undertaking official foreign engagements.
By directing the Ministry of Foreign Affairs to demand evidence of OSGF approval, the government is also creating a formal verification mechanism for foreign missions processing travel documents for Nigerian officials.
The financial provisions of the circular further link official travel approval to accountability for public expenditure, as accounting officers have been directed not to process expenses relating to foreign trips unless the required approval has been obtained.
The measures are expected to strengthen the Federal Government’s control over official foreign engagements, reduce unauthorised travel and ensure that persons travelling abroad in the name of the government have the necessary approval to represent Nigeria.
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FG Boosts Indigenous Shipping With $25m Funding for Local Shipowners
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The Minister of Marine and Blue Economy, Adegboyega Oyetola, has revealed that the Federal Government will provide qualified Nigerian shipowners with up to $25m each, under the Cabotage Vessel Financing Fund, a move he said could strengthen indigenous shipping and create more than 30,000 direct and indirect jobs.
This comes as he also disclosed that disbursement of the long-awaited CVFF to qualified Nigerian shipowners to strengthen indigenous shipping and create thousands of jobs will soon commence.
Oyetola disclosed this in a post on his X handle on Monday, saying the government was finally moving to unlock the fund more than 20 years after it was established.
He said the initiative would help address one of the major challenges confronting Nigerian shipowners.
“After more than 20 years, we are finally moving to unlock the Cabotage Vessel Financing Fund (CVFF) for Nigerian shipowners. This is a major step towards building a stronger Nigerian-owned shipping industry, creating jobs and ensuring that more of the value generated from activities in our maritime space stays in Nigeria.
“Under the CVFF, each successful applicant will be able to access up to $25 million in financing to acquire vessels, subject to the applicable assessment and approval process. This is significant because access to affordable, long-term financing has been one of the major challenges limiting the growth of Nigerian-owned shipping companies”, the minister stated.
On how the fund would improve the competitiveness of indigenous operators, the minister said, “With access to financing at very low interest rates, our shipowners can acquire modern vessels, expand their fleets and compete for coastal and offshore contracts that are currently dominated by foreign operators.
“Our objective is to ensure that more Nigerian-owned vessels operate on Nigerian waters, more Nigerian businesses participate in our maritime economy, and more Nigerians benefit from the wealth our waters generate. Providing Nigerian shipowners with the financial capacity to acquire vessels is a critical step towards reducing foreign dominance in our maritime space.”
Oyetola said he had directed the Nigerian Maritime Administration and Safety Agency to accelerate the process of disbursing the fund to qualified applicants.
He stated, “I have, therefore, directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to work closely with the 12 approved banks, known as Primary Lending Institutions (PLIs), to accelerate the disbursement of the fund to qualified applicants.
“NIMASA has so far received 92 applications. Of these, 20 have been forwarded to the Primary Lending Institutions, while one has so far been reviewed and forwarded for approval. To further speed up access, we have expanded the number of approved banks from five to 12 and launched the CVFF Application Portal to make the process more transparent, structured and accessible.”
Writers urged to promote inclusive maritime sector
The minister added that the expected impact of the fund extended beyond vessel acquisition, as increased indigenous ownership could stimulate several areas of the maritime economy.
He said, “The disbursement of the CVFF could help create a stronger indigenous fleet, which will in turn stimulate activity in shipyards, marine engineering, vessel maintenance, maritime logistics and other supporting industries. It could also create more than 30,000 direct and indirect jobs, while strengthening Nigeria’s ship-owning and shipbuilding ecosystem.
“This initiative is part of the Tinubu Administration’s commitment to unlocking the full potential of Nigeria’s Blue Economy, strengthening indigenous capacity and ensuring that Nigerians take a greater share of the opportunities in our maritime sector.”
He also highlighted the government’s efforts to develop the human resources needed to support the maritime industry.
“Financing vessels is only one part of building a stronger indigenous maritime industry. We are equally investing in the people who will power this industry. So far, 222 seafarers have received free professional training, 333 cadets have completed their academic training and obtained degrees, while 135 cadets under the Nigerian Seafarers Development Programme (NSDP) have obtained their Certificates of Competency. In addition, 7,059 Nigerian seafarers have been placed onboard vessels to gain valuable sea-time experience.”
“We are determined to ensure that Nigerians own, operate and benefit from the economic activities taking place in Nigeria’s maritime space. We are building the capacity to make that happen — through vessel financing, skills development, indigenous enterprise and strategic investment in our maritime sector. The work continues”, the minister concluded.
The CVFF was established under the Coastal and Inland Shipping (Cabotage) Act of 2003 to support Nigerian shipping companies in acquiring vessels and developing indigenous capacity. Its disbursement has, however, been delayed for more than two decades.
The Federal Government launched the CVFF application portal in January 2026 and announced that successful applicants could access up to $25m in financing. NIMASA subsequently began receiving applications from interested operators.
NIMASA had disclosed in April that it received more than 60 applications within four months of opening the portal, with the agency promising that the disbursement process would be transparent and strictly monitored.
The latest figure provided by Oyetola represents an increase in applications to 92, although only one application has so far been reviewed and forwarded for approval, according to the minister.
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Falana: Prosecute Those Behind Diversion of N33.75bn Meant for Poor Nigerians
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Human rights lawyer and Senior Advocate of Nigeria, Femi Falana, has called on the Economic and Financial Crimes Commission (EFCC) to investigate the alleged failure to account for N33.75 billion in cash transfers meant for vulnerable Nigerians.
Falana, Chairman of the Alliance on Surviving COVID-19 and Beyond (ASCAB), also urged the anti-graft agency to work with the Auditor-General for the Federation (AuGF) to recover the funds if investigations establish that they were diverted.
He made the demand in a statement on Sunday following a report by the Auditor-General for the Federation, Shaakaa Kanyitor Chira, which raised concerns over the inability of the Federal Government to provide sufficient evidence that N33.75 billion in cash transfers reached genuine beneficiaries.
The disclosure is contained in the AuGF’s 2024 Annual Report on Non-Compliance/Internal Control Weaknesses in Ministries, Departments and Agencies of the Federal Government.
According to Falana, the funds were intended for more than 3.29 million vulnerable households under the National Social Investment Programme.
He said the development was particularly concerning given the safeguards introduced by the Federal Government to strengthen the tracking of beneficiaries and prevent the inclusion of ghost recipients.
The National Social Investment Programme Agency (NSIPA) was established as a statutory agency under the National Social Investment Programme Agency Act 2022, with responsibility for implementing major social intervention programmes, including N-Power, the National Home-Grown School Feeding Programme, the National Cash Transfer Programme and the National Social Safety Net Programme.
Falana said the agency had, however, been plagued by allegations of financial impropriety involving some officials.
He recalled that former Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, had been investigated by the EFCC over alleged money laundering involving more than N37.1 billion.
He also cited the suspension of former Humanitarian Affairs Minister, Betta Edu, following a December 2023 memo directing the transfer of N585 million in public intervention funds to a private bank account.
Falana said the then Chief Executive Officer of NSIPA, Halima Shehu, was also suspended and questioned over alleged suspicious movement of funds.
He said the EFCC should conclude its investigations into the various allegations and make its findings public.
“The Economic and Financial Crimes Commission should liaise with the Auditor-General of the Federation with a view to recovering the missing N33.75 billion,” Falana said.
He urged the EFCC to immediately investigate what he described as a serious allegation of the criminal diversion of funds earmarked for poor and vulnerable Nigerians.
“All the characters involved in the shameful conduct should be arrested and prosecuted without any delay,” he said.
Falana further raised concerns over the implementation of a $3.05 billion package of development programmes unveiled by President Bola Tinubu in July 2026.
The package, supported by the World Bank, is aimed at deepening poverty reduction, strengthening human capital and expanding economic opportunities across the country.
Falana urged the Federal Government to ensure that funds meant for poverty reduction reached their intended beneficiaries and suggested the establishment of a body comprising credible civil society organisations to oversee the disbursement of the development funds.
He said stronger accountability mechanisms were necessary to prevent public officials from abusing funds intended to support poor and vulnerable Nigerians.
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