The Nigerian Economic Summit Group (NESG) has revealed that 30% of Nigeria’s 24 million registered Micro, Small, and Medium Enterprises (MSMEs) shut down between 2023 and 2024 due to mounting economic challenges. This alarming trend was highlighted during the launch of the “2025 Private Sector Outlook: Adapting to Economic Uncertainties for Growth and Resilience” in Lagos.

Segun Omisakin, Chief Economist and Director of Research at NESG, outlined the key risks faced by businesses during this period. These include foreign exchange (FX) shortages and volatility, with the naira averaging N1,479.9 per dollar in 2024; rising public debt, which reached N142.3 trillion as of September 2024; and the exit of multinational companies, which, alongside MSME closures, resulted in an estimated N94 trillion economic loss. Omisakin also pointed to structural issues such as insecurity, inadequate infrastructure, and limited market access as significant hurdles for the private sector.

Despite some positive developments, such as improved foreign exchange availability due to policy reforms and a 3.4% GDP growth in 2024—the highest since 2021—businesses continued to struggle with rising costs, inflationary pressures, and policy uncertainty. Wonu Adetayo, NESG Board Director, noted that while reforms like fuel subsidy removal and exchange rate harmonisation boosted investment levels, stagnant productivity and macroeconomic imbalances worsened living standards and economic distress.

During a panel discussion, Dele Kelvin Oye, President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), emphasised the importance of policy stability for attracting foreign direct investment. He urged the government to act as a facilitator rather than a competitor in economic affairs and called for greater inclusion of business organisations in key negotiations to ensure broad-based economic benefits.

Other panellists echoed these sentiments, warning against government overreach into private sector affairs and advocating for stronger collaboration between the public and private sectors. They stressed the need for active involvement of business associations like the Nigerian Association of Small and Medium Enterprises (NASME), the Nigerian Association of Small-Scale Industrialists (NASSI), and the Nigeria Employers’ Consultative Association (NECA) in economic decision-making.

The NESG also highlighted the lack of immediate monetary interventions following the fuel subsidy removal, which exacerbated inflationary pressures, and criticised inconsistent Customs regulations and fluctuating exchange rates as deterrents to investment and operational stability. To address these challenges, the NESG proposed a framework of economic stabilisation, consolidation, and acceleration, emphasising the need for policies that enhance private sector competitiveness and monitor reform efficacy.

Last modified on Monday, 10 March 2025 07:55

A passport is your gateway to the world, but in some countries, it comes at some of the world’s expensive rates.

While many travelers focus on airfare and accommodation expenses, the price of a passport itself can be a major financial barrier.

 

Let’s take a look at the most expensive passports globally and how they compare.

Top 5 Most Expensive Passports in the World

1. Australia – $412

On January 1, 2025, the cost of an Australian passport increased from $398 to $412, making it the most expensive passport in the world. While Australia’s passport provides access to numerous countries visa-free, its high cost has been a topic of discussion among travelers.

2. Mexico – $353.90

Mexico holds the second spot, with its passport costing $353.90. Despite being ranked 23rd in global passport power, the price is significantly higher than those of many higher-ranking passports. Mexican citizens still benefit from visa-free access to numerous countries, particularly in Latin America and Europe.

3. United States – $252.72

The US passport is the third most expensive in the world, costing $252.72. Despite the high cost, it remains one of the most powerful passports globally, granting Americans visa-free or visa-on-arrival access to a vast number of destinations. However, US citizens must also consider renewal costs, making the expense even more significant over time.

4. New Zealand – $193.72

New Zealanders must pay $193.72 for their passport, placing their country in fourth place. Known for its strong global mobility, the New Zealand passport grants access to over 180 countries without requiring a visa, making it a valuable investment despite its high cost.

5. Japan – $162

Japan, often recognized for having one of the world’s most powerful passports, charges $162 for its citizens to obtain one. Although this cost is lower than those of the countries listed above, it is still notably high compared to other Asian nations. Japanese passport holders enjoy visa-free or visa-on-arrival access to numerous countries, making it one of the most sought-after travel documents.

Governor Chukwuma Soludo of Anambra says his administration pulled out of an existing loan arrangement with the World Bank to save the state from “debt overhang”.

Soludo said this while addressing members of the Late Sen. Ifeanyi Ubah Media team who were on inspection of the ongoing Government House and Governors Lodge project in Awka on Sunday.

 

He said his administration had not only refused to borrow from any bank or institution but also refused to access the Federal Government loan to states in 2024.

He said that notwithstanding the development, his administration had embarked on ambitious and people oriented projects which were at various stages of completion.

According to him, it may interest you to know that Anambra is the only state that pulled out of an existing World Bank loan arrangements which was signed before I came in.

“I looked at the terms of the loan and I said it was not sustainable; it was easy to continue with it because the next generation will pay but based on the terms, it was a bad deal for Anambra.

“Last year N438 billion was distributed to 35 states, Anambra was the only state that did not take it. I need money but I cannot borrow my state into slavery,” he said.

Soludo said he was giving Anambra a permanent Government House and Governor’s Lodge 34 years after it was created, expressing regret that the facilities had exited at a construction company office and outside Awka respectively.

He said that it was a magnificent project with about 34 buildings which were being built to last, such that in the next 200 years, they would still be standing like the White House in America.

“I said we are going to break the jinx and we are doing that with the biggest and the best that somebody said is going to be like a mini city,” he said.

 

Soludo said he had done over 750 kilometers of roads with about 410km completed with attention to parts of the state that had not seen tarred roads since their existence.

“We have touched education, health, youth empowerment, social reorientation and bringing back our value of dignity in labour against this new get rich quick mentality that is destroying our youths.

“I told Anambra people when I was sworn in that I will show them where every Kobo they gave me is channeled,” he said.

 

Mr Kamen Ogbonna, the Leader of the Ubah media team said they were impressed with what the governor was doing as it aligned with their Philosophy.

Ogbonna said it was interesting to note that Soludo had made such progress in three years without borrowing from any source.

 

“The magnitude of the Government House and Governors Lodge will tell you why other governors carefully avoided the project,” he said.

Nollywood stars including Steve Alajemba (Uwaezuoke) and Collins Monago who were on the trip lauded Soludo for his works and urged Anambra people to support him to continue the good job as they prepared  for Nov. 8 guber.

Enugu State Governor, Dr. Peter Mbah, has bagged the prestigious Doctor of Humane Letters (DHL) degree from the Bamidele Olumilua University of Education, Science and Technology (BOUESTI), Ekiti State, for his inspiring leadership and contributions to the advancement of quality education in Nigeria.

This was even as the governor, who bagged the honorary award at the maiden convocation ceremony of the state-owned university in Ikere-Ekiti at the weekend, reiterated his administration's resolve to continue to transform the education sector in Enugu State and set exemplary steps through innovative and experiential learning model.

Mbah stressed that although the gains of investments in education take many years to crystalise, his administration's reforms and huge investments in education was driven not by public acclaim, but by the conviction that the highest legacy was to equip Enugu children and the youth with quality education that imbue them with the requisite knowledge and skill set to compete on the global stage.

“This award is a reminder that there is no greater honour than service. It is an inspiration to re-commit to the governance values that underpin our modest achievements in Enugu State.

“These values are shaped, particularly, by the conviction that education is the best legacy to bequeath to the emerging generation,” he added.

The governor, who has consistently dedicated over 33 per cent of the state's annual budget solely to education, maintained that the achievements recorded in the quality of output in the education sector through the deployment of huge resources had reflected in the ongoing construction of 260 Smart Green Schools for experiential learning in the state.

He explained that this education model emphasises experiential learning that imbues children with problem-solving skills over rote learning.

While stressing the university’s motto, “Learning for Self-Reliance,” Mbah said this should resonate with all levels of government nationwide in the face of shrinking international funding by some world economies, saying it was time to press the inventive button as a nation.

He noted that despite the BOUESTI being at its formative years, the university had made giant strides by nurturing an environment that was conducive to learning.

“This clearly underscores the university’s firm belief in the primacy of human capital development. Although established in 2020, it is heartwarming that this university is emerging as a formidable platform for science and technological renaissance.”

Commending the Ekiti State Governor, Biodun Oyebanji, for his enduring reforms and sustained investment in education, Mbah charged the graduands to wear the toga of the university with pride and dignity, urging them not to severe links with the institution as alumni.

While conferring the highest degree on the governor, the university's Chancellor, Chief Wole Olanipekun, said the degree was strictly meant for lawyers of distinction, which Mbah had clinched by merit.

He described the governor as a rare breed in the entrepreneurial space, who was presently disrupting the Nigerian leadership space through his innovative style of governance.

A former Kaduna lawmaker, Sen. Shehu Sani, said he lost his senate re-election bid in 2019 because he opposed the former Governor Nasir El-Rufai’s move to obtain a 340 million dollars foreign loan.

Sani, who represented Kaduna Central Senatorial District in the Eighth Senate, stated this in an interview with Newsmen in Abuja on Sunday.

“I was insistent on speaking truth to power, and that was why I lost my re-election bid in 2019. Former Gov. Narsir El-Rufai was going for a 340 million dollar loan and we said ‘No’.

“”Some of us told him that such a venture would impact negatively on our people, but he went ahead and did that, while he perceived us as his political enemies.

“”This political battle with El-Rufai affected several other politicians, resulting in our leaving the party en masse.

“My own very case was that I stood up to the governor and I paid the price by losing my seat,” he said.

The popular pro-democracy activist, however, said that today, he had been vindicated.

“At that time, the governor was opposed to me; the state assembly members were opposed to me and many political figures there were opposed to me.

“Today, I am vindicated because even the governor of the state today has made it public how the finances and the economy of the state have been strangulated by that loan.

“Many projects were littered, uncompleted and abandoned all over the state. Kaduna today has become the second highest indebted state in the country.

“So I am vindicated, even though I lost my seat,” he said.

Sani said he was satisfied with the role he played on the controversial loan at that time.

“I’m satisfied that, at least, when I die, nobody will look to my grave and say this is the person who signed an approval for the loan that we are going to pay in 100 years.

“The vindication is more important to me than my return to the National Assembly,’’ he said.

The former lawmaker attributed the failure of most members of the national assembly to return to their refusal to be loyal to their governors.

This, he said, often resulted in high turn-out of lawmakers in each election year.

Sani, however, said that the high number of new lawmakers in national and state houses of assembly at every election year was not the best for Nigeria’s democracy.

He said that in the developed world, such as India and the United States, some lawmakers would be in the legislature for 30, 40 and 50 years.

“But in Nigeria, if you are a senator and you are fond of standing up every time to speak truth to the power, you will hardly come back to that national assembly.

“If what you are doing or saying is particularly contrary to the interests of the governor of your state, you will not come back to the national assembly,’’ he said.

 

The former senator also said that irrespective of a lawmaker’s qualifications, he could only emerge as senate president or speaker of the house if he happened to be the favourite of the executive.

“It’s only during Buhari’s time that a mistake was made in 2015 which made Buhari lose the election at the national assembly.

“Then his adversary Sen. Bukola Saraki and Yakubu Dogara took over and you could see what happened for four years.

“ So, if you are elected as a governor of a state, your life is dependent on the state assembly and you cannot allow your enemy to take over.

“So, you will bring someone whose first qualification is not that he speaks good English, second qualification is not that he is competent, third qualification is not that he is good looking and fourth qualification is not that he knows how to make laws.

 

“The first qualification of a person who is going to be a speaker is that he is 100 per cent loyal to the governor or the president,’’ Sani said

1. In 2010, our law firm handled the case of Hon Dino Melaye & 10 other legislators who were suspended for accusing the Dimeji Bankole-led House of Representative of wallowing in corruption The Federal High Court declared the suspension of the legislators illegal and unconstitutional and ordered the payment of their withheld salaries and allowances.

2. In 2012, our law firm also handled the case of Honourable Rifkatu Danna, the only female member of the 31-member Bauchi State House of Assembly. Danna was suspended in June 2012 for allegedly making uncomplimentary remarks when she challenged the lawmakers’ decision to approve the relocation of the headquarters of Tafawa Balewa Local Government Area of Bauchi State. But the Bauchi State High Court declared her suspension illegal and ordered the Bauchi State House of Assembly to reinstate her and pay her withheld salaries and allowances.

3. In 2017, the Court of Appeal dismissed the appeal filed against the judgment of the Bauchi State High Court in respect of the illegal suspension of Honourable Rifkatu Danna. The Court upheld our submission to the effect that the suspension of the legislator constituted a breach of the right of the Bogoro Constutuency to be representated by her in the state house of assembly. The Court equally held that the decision of the House to withhold the salaries and allowances of the legislator was illegal as she was not an employee but an elected member of the Bauchi State House of Assembly.

4. In 2018, our law firm equally handled the case of Honourable Abdulmumin Jibrin, a member of the House of Representatives who was suspended for 180 days for accusing the Yakubu Dogara-led House of padding the 2016 national budget. The Federal High Court nullified the suspension and ordered the payment of the withheld salaries and allowances of the legislator.

5. Based on the case of the Speaker, Bauchi State House of Assembly v Honourable Honourable Rifkatu Danna (2017) 49 WRN 82 which is the locus classicus on the subject matter, the 2017 suspension of Senator Ali Ndume by the Bukola Saraki-led Senate was annulled by the Federal High Court. The case filed on behalf of the Senator his lawyer, Marcel Oru Esq.

6. In the same vein, the 2020 suspension of Senator Ovie Omo-Agege was declared illegal and unconstitutional by the Federal High Court. The case was filed on behalf of the Senator by Edward Omaga Esq.

7. Sometime in 2020, the Jigawa State House of Assembly suspended a lawmaker, Hon. Sani Iyaku, over alleged criticism of the state governor, Alhaji Muhammad Abubakar Badaru who was on a visit to Hadejia town for a wedding ceremony. Honourable Iyaku challenged his suspension in the Jigawa State High Court. The trial Judge, Justice Ahmed ruled that the action of the Assembly did not comply with order 15 rule 74 (2)(c) and (3) a, b of the state House of Assembly standing orders 2017 and therefore declared the suspension illegal, inappropriate, null and void. The court also directed that the defendant be paid his three months allowances withheld to the tune of N3 million.

8. On November 18, 2020, the Court of Appeal, sitting in Akure, Ondo State dismissed the motion for stay of execution filed by the state House of Assembly against the judgment of the High court reinstating the three suspended members of the state assembly. The Presiding Judge, Justice Folayemi Omoleye, queried the appellants for bringing a frivolous appeal before the court, directing that the lawmakers should be reinstated immediately to resume their legislative duties.

9. On August 13, 2024, the same court reinstated Hon. Iroju Ogundeji as the Deputy Speaker of the State House of Assembly. In a unanimous ruling, Justices Oyebisi Folayemi Omoleye, Frederick Oziakpono-Oho, and Yusuf Alhaji Bashir affirmed the decision made by Justice Akintan Osadebey, which reinstated the two-term legislator representing the Odigbo state constituency.

10. In the past five years, the High Court sitting in Lokoja, Kogi State, and the National Industrial Court nullified the illegal suspension of members of the Houses of Assembly of Kogi and Edo State respectively.

11. In March 2024, the Godswill Akpabio-led Senate suspended Senator Abdul Ningi (PDP; Bauchi) for three months for alleging that Nigeria's 2024 budget was padded. The Senator instructed our law firm to challenge the suspension in the Federal High Court. We wrote to the leadership of the Senate to review the suspension in view of the illegality of the action. As we were preparing to challenge the suspension in the Federal High Court, the Senate recalled Senator Ningi and paid his withheld salaries and allowances.

12. In view of the definitive pronouncements of the several High Court and the Court of Appeal on the illegality of the suspension of elected members of legislative houses in Nigeria, the suspension of Senator Natasha Akpoti-Uduaghan is the height of legislative recklessness. The illegal suspension should be lifted without any further delay. Since the Federal High Court had restrained the Senate Ethics Committee from hearing the complaint against the embattled Senator pending the determination of the motion on notice the Senate ought to have stayed action in accordance with the rule of law.

13. Finally, the official impunity of suspending legislators at the whims and caprices of leaders of the federal and state legislative houses must not be allowed to continue in Nigeria.

Femi Falana SAN

Canada has announced its plan to accept up to 10,000 complete visa applications for sponsorship under the Parents and Grandparents Program (PGP) in 2025.

This program allows Canadian citizens and permanent residents to sponsor their parents and grandparents for permanent residency.

To be eligible, sponsors must be at least 18 years old, meet the required income threshold, and sign an undertaking to support their parents or grandparents financially.

 
 

The Immigration, Refugees and Citizenship Canada (IRCC) oversees the program, which provides an opportunity for family reunification.

Super Visa: an alternative for extended family visits


For those who want to reunite with their parents and grandparents for extended stays without permanent residency, the Super Visa remains an option.

The Super Visa allows multiple entries to Canada over a 10-year period, with each visit lasting up to five years. IRCC has recently made the Super Visa more accessible by revising health insurance requirements.

Super Visa applicants must apply from outside Canada and meet temporary residence requirements. They also need to provide proof of valid health insurance from an approved provider. If coverage expires before departure, visa holders may need to renew their insurance to maintain eligibility.

Canada Parents Visa: Processing Times and Provincial Variations


As of February 5, 2025, processing times for PGP applications are approximately 24 months for applicants outside Quebec. Due to Quebec’s family class admission targets, processing times for those settling in the province are estimated at 48 months.

Super Visa applicants must have private health coverage, as they are not eligible for provincial or territorial health care plans. Previously, proof of health insurance was only accepted from Canadian providers, but IRCC now permits applicants to purchase policies from international insurance companies.

For those planning shorter stays of six months or less, a visitor visa remains an alternative option.

The family of the late Head of State, General Sani Abacha, has formally responded to claims made by former military ruler, General Ibrahim Babangida, in his recently released memoir, A Journey in Service.

Babangida alleged that Abacha was responsible for annulling the June 12, 1993, presidential election, which was won by the late Chief Moshood Abiola of the Social Democratic Party (SDP).

 

In a statement issued on Sunday in Abuja, Mohammed Abacha, son of the former Head of State, criticized the memoir for what he described as a failure to present a truthful and objective account of historical events.

As one public commentator aptly put it, honesty, sincerity, and integrity are virtues not commonly associated with the author,” Mohammed remarked.

 

He argued that as Nigeria’s “military president” at the time, Babangida wielded absolute power and must take full responsibility for the decision to annul the election.

The statement read: “Our attention has been drawn to recent claims made by former Head of State, General Ibrahim Badamasi Babangida, in his newly launched book, A Journey in Service, where he alleged that the annulment of the June 12, 1993, presidential election was the responsibility of the late General Sani Abacha. These claims have sparked widespread controversy and necessitate a clear response from the immediate family of General Sani Abacha and the entire Abacha clan in the interest of historical accuracy and justice.

“It is important to state unequivocally that General Sani Abacha was neither the Head of State nor the Commander-in-Chief at the time the June 12 election was annulled. The decision to annul the election was made under the administration of General Ibrahim Babangida, who, as the then Head of State, held absolute executive powers and was solely responsible for the actions of his government. Any attempt to shift this blame onto General Sani Abacha, who was a very senior military officer within the regime, is a deliberate distortion of historical facts.”

Mohammed Abacha further condemned efforts to revise history, insisting that his father should not be scapegoated for decisions made under Babangida’s leadership.

He said: “For years, various actors have attempted to rewrite the history of that critical period in Nigeria’s democratic evolution. However, the facts remain unchanged. We urge Nigerians to be wary of revisionist narratives that seek to manipulate public perception for personal or political reasons. The memory of our late father and leader, General Sani Abacha, must not be tarnished by baseless accusations meant to absolve those who were truly responsible.”

The statement also emphasized that despite the allegations, Abacha remained loyal to Babangida throughout his life, even ensuring his safety during moments of political crisis.

He said: “Despite this unfortunate attempt to shift blame, General Sani Abacha remained a true and loyal friend to General Ibrahim Babangida up to the time of his death. He was a man of unwavering commitment to his comrades. We also find it necessary to state that at the time General Babangida’s life was under threat, it was General Abacha who came to his rescue, ensuring his safety.”

 

Mohammed Abacha also expressed gratitude to Nigerians who have spoken out in defense of his father, vowing to uphold historical accuracy.

We take this opportunity to express our heartfelt appreciation to the many Nigerians who have risen in defense of General Sani Abacha in an effort to set the record straight. Your unwavering commitment to truth and historical accuracy is deeply appreciated, and we acknowledge the outpouring of support from those who refuse to allow history to be distorted,” Mohammed said.

He acknowledged Abacha’s contributions to Nigeria’s development and criticized Babangida’s memoir for missing an opportunity to present an honest account of history.

He said: “As we reflect on Nigeria’s history, we acknowledge General Sani Abacha’s time in leadership and the role he played in the nation’s development. His contributions, like those of past leaders, remain part of our country’s history. We believe that history is best judged with fairness and objectivity.

“We regret that A Journey in Service missed the opportunity and failed to make history as a truthful and objective account of past events. As one public commentator aptly put it, honesty, sincerity, and integrity are virtues not commonly associated with the author.”

Former Deputy Governor of Edo State, Comrade Philip Shaibu has revealed that he was foolishly loyal to former Governor Godwin Obaseki just to make the administration succeed.

Speaking in an interview with Sunday Sun, Shaibu, a former President of the National Association of Nigerian Students (NANS), said all the actions he took while in office were based on principles rather than materialistic position.

 

The former House of Representatives member pointed out that even when his relationship with Obaseki was not so cordial, he continued to play a fool.

He stated that despite being denied benefits of his office, he still backed Obaseki’s re-election bid.

Philip Shaibu said: “What people see outside is different from what is inside. You see, it is like a marriage. It is either the wife makes it work or the husband makes it work. One has to be a fool for a relationship to be able to flourish. So, in Obaseki’s government, I was the fool. I made myself a fool in his government to make the thing work. Because immediately Comrade told me during that budget saga that I don’t have a say, I am subject to what Obaseki says, at that level, I told myself, okay, no problem, I will be a fool for this man. But I will come out not to be a fool at the end of the day. So, I started planning myself from that day. I said, well, I will make sure loyalty will be 100 per cent, I will be foolishly loyal. I told myself that I will be foolishly loyal. And truly, I was foolishly loyal because of what was said from day one. So, at the end of the day, everybody said ah, Philip is loyal, Philip is loyal. I was actually loyal, foolishly loyal. And when I say loyal, loyal, and I mean it.

 

“This is my house. There is no one thing in eight years that I bought extra in this house. No one thing that I would say is a new thing that I bought in this house since I became deputy governor. That was how foolish I was. I was limited to my overhead and salaries, nothing more. And that is why the committee of the new governor has completed their assignment. You won’t see my name in any transaction in government or my proxy in any transaction in government. I purposely stayed away from any financial transaction apart from my overhead and salary in government. That was how foolish I was to the extent that even my official vehicle, I didn’t have an official vehicle. The car I used for three years, first three years as deputy governor, was the car that I bought with my car loan as a member of House of Reps. The Land Cruiser that had the flag with the crest of deputy governor was the one I bought when I was a member of House of Reps. I bought an armoured Land Cruiser because I had to be travelling by road to my constituency from there. That car was just six months old when I became deputy governor. So, when the government was not buying vehicles and everything, I had to ask them to take the car from Abuja here to Benin and they put the flag and put the… nobody knew. Then the car my security was using, it was the car that both Imasuen and Odubu’s wives used. The lady mechanic is alive, I had to go and tow them, she came to the Deputy Governor’s lodge and towed those vehicles to her workshop and fixed them. Some of them, we had to change engine and gear box; some of them, we had to cut the head and put another head. She was able to use her skill to bring them back to life, to keep the convoy of the Deputy Governor. And that was how the Hiluxes I used, two of them, the ones I already abandoned that I used as a Majority Leader, we had to go and buy engine for two of them, fix them, then the one I was using in the House of Reps, I bought another one when we were campaigning. Those four were the Hilux vehicles I used in my first term as the Deputy Governor of Edo State.

“So, in the midst of that, I still supported him to come back because for me, I believe he was entitled to second term. And I didn’t want anything to distort the flow – Edo North just got eight years, a Benin man coming would now want to…, so on principle, I did what I did. If it was based on materialism, I should have been on Oshiomhole’s side to have my pound of flesh for not even allowing me to access my entitlements.

 

“In my eight years, I never accessed medical allowance. I never accessed furniture allowance, I never accessed even the 22 days or 28 days they call it, first term and second term, I never enjoyed it. In eight years, both my family and I, none of us. Thank God for good health. None of us accessed any medical… And these are constitutional rights, it is not privilege. It is supposed to be part of my earnings, but I told you, I was living in my house, I was not living in Government House. In Benin, I stayed in my house for eight years.”

Concerns are mounting over the safety of high-caliber weapons and explosives stored at the Lagos Air Force Base, following the facility’s continued disconnection from electricity by the distribution company responsible for the area.

The presence of these munitions near the densely populated Ikeja area of Lagos has heightened public anxiety, especially as the base has been without power for over 16 days. Efforts to resolve the reported ₦4 billion debt allegedly owed to Ikeja Electric Company by the Nigerian Air Force have so far failed.

 

Tensions escalated when armed military personnel reportedly stormed and vandalized the corporate headquarters and Oshodi office of Ikeja Electric. The personnel allegedly held staff, visitors, and journalists hostage for hours, subjected them to torture, and seized their personal belongings. It was further gathered that some staff members were taken away, while about 40 official vehicles belonging to the company were forcefully moved to the Air Force base.

 

By Friday, top officials of the power company had met with senior Air Force officers and Lagos State government officials at Alausa, where key resolutions were made to restore normalcy and address the outstanding issues. However, as of yesterday, power had yet to be restored to the base, further intensifying fears of a possible explosion involving the stored weapons.

A military source speaking to Sunday Vanguard warned that continued darkness could have catastrophic consequences.

The source said: “We have been managing solar and generators since the blackout started, but they are not enough to power the cooling systems in the warehouse where the bombs and missiles are stored. Worse still, the cost of running generators is taking a toll, and if the heat becomes unbearable, there must be an explosion.

“There are 150, 200, 250, and 500 kg highly explosive bombs stored in the base. If an explosion occurs, the destruction would be worse than the last bomb explosion in Ikeja years ago, with devastating effects across Lagos and neighboring states.

The source further revealed that the base houses a Beloga bomb, which contains 151 bomblets, each capable of being propelled up to 500 kilometers, with the potential to destroy houses and properties within a 1,000-kilometer radius.

Additionally, the base reportedly holds 250 Pre-Frag bombs, which, if launched up to 250 kilometers, could cause destruction within a 500-kilometer radius with a shattering effect. The 250 low-drag incendiary bomb, if propelled to 500 kilometers, could also cause massive destruction within the same range, with the added effect of fire.

Regarding the alleged debt, the source clarified that the Air Force has been making regular payments.

That ₦4 billion debt dates back to the base’s inception on April 14, 1964. We have been paying ₦60 million every month through meter account number 100069855. ₦4,200 is deducted from the salaries of Flight officers monthly to cover electricity bills, while payments for junior officers are deducted directly.

 

“We have done our best, but the outstanding debt has accumulated over the years. The issue should be resolved by the appropriate authorities, rather than making those who have consistently paid bear the brunt,” the source said.

Unconfirmed reports indicate that some military personnel, aware of the potential risks posed by the prolonged blackout, are considering relocating their families outside Lagos.

Efforts to obtain an official response from the Nigerian Air Force were unsuccessful. However, a source claimed that the issue had been resolved following the meeting in Alausa, but warned that as long as the power outage continues, the risk of a disaster remains high.

The attack on Ikeja Electric’s facilities on Thursday has further fueled tensions, with some sources suggesting that the action may have had official backing.

[NaijaNews]