PDP sacks Akwa Ibom exco, sets up caretaker committee

The National Working Committee (NWC) of the People’s Democratic Party (PDP) has at its meeting held on Tuesday, pursuant to its powers under the Constitution approved the dissolution of the Akwa State Executive of the party.

Consequently, the NWC approved the composition of a 31-member caretaker committee to run the affairs of the Akwa Ibom State Chapter from Tuesday, September 30th, 2025 for a period not exceeding three months, or until such a time a new State Executive Committee would be elected in the State.

BusinessDay reports that the members of the Akwa Ibom State PDP Caretaker Committee, including Igwat Umoren, Chairman; Harrison Ekpo, Deputy Chairman; Borono Bassey, Secretary; and Ewa Okpo, a Lawyer, as the Publicity Secretary. Others include Emman Mbong, Organising Secretary; Aniekan Asuquo, Youth Leader; Mary Silvia Abara, Woman Leader; Enoch Enoch, a Lawyer as Legal Adviser.

Also appointed are Aniebiet Cornelius, Member; Udim Peters, Member; Ayanime Obot, Member; Ofon Michael, Member; Esther Bassey Effiong, Member; David Umanah, Member; Usenmfon Ibanga, Member; and Unwana Assam, Member; among others.

Debo Ologunagba, the National Publicity Secretary of the party, who made the announcement in a statement made available to the media, called ‘on all leaders, critical stakeholders and teeming members of our Party in Akwa Ibom State to remain united and continue to work together for the progress of the Party.’

BusinessDay fruther reports that since Governor Umo Eno defected from PDP to the All Progressives Congress (APC) in June, 2025 the party has been unable to assert itself as an opposition party in Akwa Ibom State.

What Nigerian passport holders need to know about visa-free travel to St. Kitts and Nevis

Nigeria and the Caribbean nation of St. Kitts and Nevis recently entered into a reciprocal visa-free travel agreement, allowing citizens of both countries to visit each other for up to 90 days without the need for a visa.

This arrangement, which came into effect in this September 2025, marks the first time Nigeria has extended such privileges to a country outside Africa.

The agreement is widely seen as a strategic move to deepen ties between Africa and the Caribbean, with implications for tourism, trade, and cultural exchange. Entry requirements and travel implications

The visa waiver follows a series of high-level engagements between President Bola Tinubu and Terrance Drew, prime minister of St. Kitts and Nevis.

Their meetings held earlier this year in Abuja and later in Saint Lucia, laid the groundwork for broader cooperation with the Organisation of Eastern Caribbean states

The waiver applies to holders of ordinary, official, and diplomatic passports, although travellers are still required to meet standard entry conditions. These include presenting a valid passport, proof of onward or return travel, and completing arrival documentation upon entry.

Travel information to St. Kitts and Nevis

Getting a flight to St. Kitts and Nevis from Nigeria can be challenging for Nigerian passport holders, as it typically requires two or three layovers or stopovers in Europe that necessitate Schengen visas, or a layover in North America that requires transit visas.

Also, direct flights between Nigeria and St. Kitts and Nevis are rare.

However, a recent charter flight from Abuja to Basseterre marked a historic milestone, establishing the first direct air link between West Africa and the Caribbean nation.

Air Peace also made headlines in June this year with a 10-hour non-stop flight earlier this year, signalling growing interest in bridging the two regions.

For those planning on visiting St. Kitts and Nevis (SKN), here’s what you need to know:

St. Kitts and Nevis uses the Eastern Caribbean Dollar (EC$ or XCD), pegged at a fixed rate to the USD. As of today, 1 EC$ is around N549.

Flights from Lagos (LOS) to Basseterre (SKB) averages $1,175-$1,852 (about N1.8m-N2.9m at current rates), depending on the season and airline.

For a single person, the monthly expenses are around EC$3,500-5,000 (around N1.9m-2.8m), covering rent, food, and basics.

Cultural exchange and shared celebrations Travellers from Nigeria can consider visiting St. Kitts in December and January during the Sugar Mas carnival, while Nevis can be visited in late July for Culturama.

These festivals, are similar to Nigeria’s own cultural events such as the Calabar Carnival and the Osun-Osogbo Festival, and involve music, dance and masquerade. The best time to visit the islands is during the dry season, which runs from December to April, coinciding with peak tourist activity and major cultural events.

Citizenship, residency and long-stay options

For Nigerians considering longer-term opportunities, St. Kitts and Nevis has a popular and established Citizenship by Investment programme.

This scheme allows individuals to obtain citizenship through financial contributions to government-approved projects or real estate investments.

When you acquire citizenship under the St. Kitts and Nevis citizenship program, you and your family enjoy full citizenship for life, which can be passed on to future generations by descent.

Applicants can include a spouse, children under 26, and parents aged 55 and over, as well as to add dependents after citizenship has been granted to the main applicant.

St. Kitts and Nevis is a member of the Commonwealth, which entitles its citizens to certain privileges in the UK and other Commonwealth countries

There is no minimum stay required.

Requirements

To qualify for citizenship, the main applicant must be over 18 years of age, meet the application requirements, and select one of the following options:

Sustainable Island State Contribution (SISC)

A non-refundable contribution of $250,000 to SISC for an applicant and up to three qualifying dependents

$50,000 for each additional qualifying dependent over 18

$25,000 for each additional qualifying dependent under 18

A minimum non-refundable contribution of $250,000 to a public benefit unit in an Approved Public Benefit Project

The purchase of real estate with a minimum value of $325,000 from an approved real estate development, or a minimum of $325,000 for a condominium unit or $600,000 for a single-family private dwelling. The real estate purchased under both options can be resold after seven years under certain conditions

Customs targets 48-hour clearance time with One-Stop-Shop

The Nigeria Customs Service (NCS) has introduced its One-Stop-Shop (OSS), a project expected to reduce cargo clearance time to 48 hours.

The unveiling happened in Abuja, where Adewale Adeniyi, the Comptroller General of Customs, met with senior officers to discuss the Service’s modernisation agenda.

‘The OSS initiative will not only shorten clearance time from 21 days to 48 hours, but it will also strengthen trader confidence, restore transparency, and make our operations more business-friendly,’ the CGC said.

He said that under the OSS framework, all Customs Units will work jointly on flagged declarations, eliminating multiple checks and reducing delays. Consignments cleared under the OSS will not be subject to re-interception. Adeniyi said the project is in line with global best practices and the federal government’s Ease of Doing Business policy. He stressed that the reform is designed to ‘sanitise operations, reduce duplication of efforts, and ensure predictability in Customs procedures.’

The meeting included discussions about the Service’s accountability framework, including a new central dashboard that tracks clearance times, interventions, and stakeholder satisfaction.

Adeniyi assured the Customs Area Controllers that the reform would be piloted at Apapa, Tin Can Island, and Onne Ports before being rolled out nationwide, adding that the initiative is fully supported by the NCS Act 2023 and aligned with the World Trade Organisation’s Trade Facilitation Agreement (TFA).

F.O.O.D is ready

A framework for understanding how Nigeria’s economy works and why it doesn’t work

A stagnant economy, specifically the lack of innovation, is Nigeria’s disease, and its richest men are the most prosperous symptom. They profit not by solving problems, but by profiting from them. To continue our discussion on this lack of innovation, I would like to propose a framework to unpack this very paradox.

As a lowly accountant, not an academic, I offer this with the appropriate disclaimer: may I present, for your consideration, the Framework of Opportunity, Oligopoly, and Distortion? You can call it the F.O.O.D. framework – because if you follow the framework, you are guaranteed to eat well.

The framework unfolds something like this:

Someone somewhere outside of Nigeria comes up with an idea, innovation or invention.

That idea, innovation or invention turns out to be something that Nigerians find useful because it solves an existing problem for them.

Nigerians then begin to import a product that is the embodiment of that idea, innovation or invention, proving that there is a market for it in the country.

At this point, the well-connected Nigerian ‘entrepreneur’ spots an ‘opportunity’ and gets to work on ‘import substitution’.

The case is made that this thing that was invented elsewhere and has proven to be a solution to a problem Nigerians had is costing the nation ‘scarce foreign exchange’ and ‘exporting jobs’ while at the same time ‘importing poverty’ (to be fair to the entrepreneur, Nigerians also fall for this argument and even amplify it themselves).

The ‘opportunity’ is straightforward – since the thing being imported is already proven to have a market, the goal is to ban or tariff the imports while replacing it with your own ‘locally manufactured’ version.

If all goes well (especially if the product is not easy to smuggle), you will make a lot of money because the price of the imported product plus the high tariffs you’ve lobbied government to place on them will determine the price of the local version of the product, i.e., price of local version = price of foreign version + import tariffs and duties. In other words, Nigerians will see no benefit from the product being manufactured close to them at home, other than some nebulous ‘foreign exchange savings’ or local pride.

The problem lies not just in the disease but in the flawed cure. While import substitution is not itself a major crime, it becomes one when it is held up as the primary path to wealth. This creates a dangerous psychological signal: when the richest men profit from protectionism rather than innovation, they become the aspirational models for a generation. The result is a vicious cycle where this self-replicating behaviour stagnates the entire economy.

Case study for F.O.O.D.: BUA Foods Plc

A few weeks ago, Nigerian newspapers were awash with the news that BUA Foods Plc, owned by one of the nation’s richest men, Abdulsamad Rabiu, had become the most valuable listed company in the country by market capitalisation:

Market capitalisation of BUA Foods Plc, owned by Nigeria’s second richest man, Abdul Samad Rabiu, has soared to N10.3 trillion as of Friday, August 8, following an 8.7 percent rise in its share price to N574.9, making it the most valuable stock on the country’s bourse.

This historic feat came barely one week after the fast-moving consumer goods giant recorded the highest profit in six years, supported by a 36 percent rise in revenue to N913 billion and a stable naira that returned the manufacturer to FX gain after swimming in losses in the past year.

‘That is wonderful news,’ I hear you say, not least for the owner who pocketed an incredible N216 billion in dividends ($135 million) out of this performance (even though the company is ‘listed’ on the Nigerian Stock Exchange, Abdulsamad Rabiu owns 95% of its shares, a story for another day).

So what does this company actually do? Here, taken from the company’s own website, is a list of the products it sells:

This list is as much about what is on it as what is not on it. But let’s start with what is on there. Sugar – sits behind up to 70% duties, made up of 10% import duties (ID) and 60% Import Adjustment Tax (IAT) plus VAT. These tariffs apply to raw cane and refined sugar. Chapter 17 (PDF, page 71)

Flour – sits behind 70% duties (20% import duties plus 50% IAT) plus VAT. This applies to wheat and meslin flour and is an ‘improvement’ from the previous 100% tariff. Chapter 11 (PDF, page 55)

Pasta – Spaghetti and noodles are actually on the Nigerian Customs import prohibition list (number 7), i.e., they are banned. However, on the tariff list, pasta sits behind 20% import duties plus VAT. Chapter 19 (PDF, page 76)

Edible Oils – These are palm and vegetable oils, and they sit behind 10% import duties and 25% IAT for crude palm oil and other types of palm oils, i.e., a total of 35% tariffs. Refer to Chapter 15 (PDF, page 65). Refined vegetable oils are on the banned list above (number 4).

Rice – Semi-milled or wholly milled rice and broken rice sit behind 60% tariffs (10% import duties and 50% IAT), while brown rice sits behind 30% tariffs (10% import duties and 20% IAT). Chapter 9 (PDF, page 53).

This case study of BUA Foods perfectly illustrates the F.O.O.D. framework. The company has built a vast empire by only concerning itself with products shielded by heavy government tariffs. This strategy reveals everything: the real blueprint for their success is best understood by noting what is not on their product list – and why those unprotected goods will likely never be.

Consider the humble Nigerian yam. This is a product and sector desperately in need of innovation, plagued by endemic problems from planting to harvest. The scale of these challenges is vividly captured in an NPR report from a few years ago:

But in the past few years, Nigeria’s yam yield has dropped to its lowest level in two decades, according to the United Nations, even though the area of land under cultivation is rapidly rising.

‘For a large number of farmers, seed yam is a big problem,’ said Robert Aseidu, West Africa research director for the International Institute of Tropical Agriculture (IITA), a nonprofit research organisation based in Nigeria. ‘It’s only now that we’re seeing how big a problem this could become.’

The trouble stems from the way yam is grown by Nigeria’s small farmers. New tubers grow directly from planted pieces of old ones, rather than from seed. Traditionally, farmers will set aside the smaller yams from each harvest to use as seed yams for the next season and take the bigger ones away to eat or sell. Having a big enough harvest to be able to keep your own seed yams is a mark of a farmer’s competence; buying them at the market is considered bad luck.

At the same time, yams are clonal, meaning that each tuber is genetically identical to its ‘parent’. So farmers are essentially planting the same yams over and over again, with none of the routine genetic mutation that typically occurs between generations to help ward off pests and diseases. And because farmers tend to set aside the worst yams as parents, they’re unintentionally practising a kind of anti-Darwinian ‘survival of the scrawniest’.

‘When you have this recycling over so many years, then they keep accumulating pests and diseases, and then productivity keeps reducing until you get to a stage where it’s no [longer] economical to plant anything,’ says Beatrice Aighewi, a yam specialist at IITA.

That cycle is reaching a crisis point, forcing a reconsideration of the longstanding stigma against buying seed yams. Adaikwu opened her business a few years ago to take advantage of the emerging market. She sources good seed yams from around the country and reproduces them in her field. One of her first big hits was a high-yielding, disease-resistant variety that earned the nickname ‘Mecca Approaches’ because of a reputation that it could help farmers earn enough money to make the pilgrimage to Islam’s most holy site.

Nigeria leads the world in both the production and consumption of yams. Yet it still struggles to meet its own demand, hampered by systemic issues throughout the supply chain, such as the ones listed above. It is therefore profoundly telling that one can build the country’s largest and most valuable food company without ever touching a product so central to the Nigerian experience.

Nowhere in BUA Foods Plc’s 2004 annual report is there a single mention of yams. The document similarly omits any dedicated research and development function or a clear RandD line item in its financial statements – a vague reference to ‘research funding’ on page 79, tied to education, is the most you’ll find. Under ‘Product Innovation’, the company describes adding premium pasta and semolina as its method of ‘staying ahead of industry trends’. Let me be clear: this is not merely Nigeria’s largest food company. It is the most valuable company in the country, full stop.

Should a foreign innovator ever solve yams’ production problems, the local ‘entrepreneur’ would swiftly leverage government connections to seize the opportunity. This is the very model of innovation outsourced and rent-seeking domesticated. The business model is to use tariffs to inflate the price of imports, then price their own local product at the same level (or even above) to secure outsized profits. We’ve seen this before. When China developed waste-heat innovation for cement, the benefits weren’t passed to Nigerians; they were captured by middlemen who charged rent for the privilege of access. The F.O.O.D. framework can be observed in the country’s palm oil industry, as the players make vast profits, while you can still see palm oil production in Nigeria that looks like something from the nineteenth century.

It is for this reason that someone can get very rich in Nigeria while the country remains very poor – a malnourished economy on a diet of outsize profits. The incentive structure within Nigeria’s nominal market economy is fundamentally broken. The psychological toll is immense, as a generation learns the demonstrated truth that improving lives is optional for acquiring wealth – the F.O.O.D. framework is all that is required. Even investors and fund managers, resigned to a lack of better options, validate this model in their pursuit of returns.

When this is an economy’s only sustenance, the nation is guaranteed to starve.

Nigeria at 65: The health of a nation

When Nigeria gained independence in 1960, its founding fathers envisioned a nation that would stand tall, healthy, and prosperous.

The University College Hospital, Ibadan, stood as a beacon of modern medicine on the continent, attracting patients from West Africa and beyond.

Six and a half decades later, that dream has dimmed for many Nigerians.

Today, the health sector is at once a story of progress and paradox.

There are centres of excellence, revitalised primary health care facilities, and pioneering projects that have saved countless lives.

Yet, millions still die from preventable causes; families are pushed into poverty by medical bills, and doctors depart in droves for greener pastures abroad.

As Nigeria marks 65 years of independence, the question is clear: how is the health sector faring?

Experts say that Nigeria’s health system has evolved through alternating waves of reform and neglect.

In the 1970s and 80s, the Federal Government expanded teaching hospitals and established facilities across regions.

Following the Alma-Ata Declaration in 1978, the country embraced Primary Health Care (PHC) as the backbone of service delivery.

By 2001, African leaders, including Nigeria, signed the Abuja Declaration, pledging 15 per cent of national budgets to health.

Yet, more than two decades later, Nigeria still spends less than six per cent.

The National Health Insurance Scheme, inaugurated in 2005 and transformed into the National Health Insurance Authority (NHIA) in 2022, sought to improve financial access.

The Basic Health Care Provision Fund (BHCPF), introduced in 2014, provided a lifeline for PHCs.

In spite of these efforts, underfunding, poor governance, and a haemorrhaging workforce remain persistent challenges.

Muyi Aina, Executive Director and Chief Executive Officer of the National Primary Health Care Development Agency (NPHCDA), said 901 PHCs had been fully revitalised, while 2,700 more were undergoing upgrades, with a target to reach all 17,000 wards nationwide by 2030.

He noted that for communities where women previously delivered babies under torchlight, skilled attendance at birth and timely referrals had been instituted.

Dr Kelechi Ohiri, Director General, NHIA, said enrolment under the scheme had grown from 16.7 million to about 20 million Nigerians.

According to him, special funds such as the Vulnerable Group Fund and the Catastrophic Fund provide financial cover for cancer treatment, dialysis, and other costly care.

‘In Lagos and Kaduna States, maternal deaths dropped by 58 per cent across 32 facilities under Project Aisha, a programme combining health worker training, midwifery kits, and free caesarean sections.

‘Nationally, more than six million pregnant women have received essential micronutrient supplements,’ he said.

Nigeria has rolled out the Measles-Rubella (MR) vaccine, expanded Human Papillomavirus (HPV) vaccination, and unveiled pilot programmes for the malaria vaccine; campaigns have averted outbreaks and improved coverage.

Training has also expanded, with enrolment into nursing programmes jumping from about 28,000 to more than 115,000 in just a few years.

More community health workers are being deployed to underserved areas.

In 2025, Nigeria allocated N2.48 trillion to health, just 5.18 per cent of the national budget.

This falls far below the 15 per cent Abuja Declaration target and remains inadequate to fund infrastructure, staff salaries, and essential medicines.

In spite of this, the country remains one of the most dangerous places to give birth.

According to UN estimates compiled from 2023 figures, no fewer than 82,000 women die annually from pregnancy-related causes, accounting for 19 per cent of global maternal deaths.

Life expectancy stands at around 55 years, well below the African average of 64 and far behind Ghana (64), Kenya (67), and South Africa (64).

The doctor-patient ratio in Nigeria is estimated at 1:5,000, compared to the WHO recommendation of 1:600.

Health spending per capita hovers around 55 dollars far short of the 86 dollars minimum recommended for delivering basic services.

Regional disparities remain stark; in northern Nigeria, women are more than twice as likely to die in childbirth as those in the South. In rural communities, many facilities operate with a single nurse, compared to urban centres where specialist care is available.

Wealth also determines survival; families with insurance or savings can afford treatment, while millions of poor households must sell assets or borrow to pay hospital bills.

Simon Agwale, the Chief Executive Officer of Innovative Biotech, warned issued a warning.

‘Equity must be put first.

‘This means tailoring interventions to the needs of northern states, rural communities, conflict-affected areas, and marginalised groups who are often left behind in national health programmes,’ Agwale said.

At a PHC in Kwali Area Council, Sarah Aso, a young mother of three, sits on a wooden bench clutching her malnourished toddler.

She narrated how she had walked four kilometres to the facility, only to find the nurse absent and essential drugs out of stock.

‘For me, health care is still a gamble,’ she said.

Meanwhile, at the Federal Medical Centre, Jabi, 32-year-old Ms Blessing Alaba undergoes chemotherapy for breast cancer.

Alaba explained that her treatment costs nearly a million naira, but under the new Catastrophic Fund, half her bills were subsidised.

‘Without this support, I would have given up,’ she said.

A young doctor at the same facility, who requested anonymity, said he was preparing to write exams for a licence abroad.

‘Most of my colleagues have left; we are passionate about serving, but the pay and conditions cannot sustain us,’ he said.

Nigeria’s underfunding of health persists despite repeated promises.

Critics ask why the Abuja 15 per cent pledge remains unmet, and why leakages in procurement and mismanagement of donor funds continue unchecked.

Civil society organisations argue that health financing must go beyond international donors.

Mercy Adeojo, founder of Women Strengthening Women (WSW), was frank.

‘Nigeria must commit domestic resources and address inequities head-on; donor-driven health gains are not sustainable,’ he said.

Muhammad Pate, Coordinating Minister of Health and Social Welfare, maintained that reforms were on course.

‘We are working to revitalise PHCs, expand insurance, and strengthen governance; the road is long, but we are determined,’ Pate said.

Dr Solomon Chollom, a virologist and public health expert, insisted that deliberate reforms must follow.

Chollom urged the government to move closer to the Abuja 15 per cent target, strengthen PHCs, and retain health workers by offering rural incentives and better working conditions.

Maimuna Abdullahi, a Health Economist with the African Health Budget Network (AHBN), provided further insights.

‘Expanding insurance so that coverage becomes truly universal, especially for the poor and vulnerable, is non-negotiable.

‘At the same time, prevention must be prioritised, clean water, sanitation, nutrition, and public health measures will save more lives than treatment alone,’ she said.

Stakeholders also point to new opportunities: digital health innovations, telemedicine to bridge urban-rural gaps, and Nigeria’s participation in the African Medicines Agency to boost local manufacturing.

At 65, Nigeria stands at a crossroads; the health sector has seen pockets of progress revitalised PHCs, expanded insurance coverage, and measurable reductions in maternal deaths in some areas. Yet systemic weaknesses continue to claim lives and deepen inequalities.

The nation’s founding vision of ‘health for all’ remains within reach, but only if bold reforms are sustained and matched with political will, adequate funding, and accountability.

‘A healthy nation is a wealthy nation,’ the saying goes.

For Nigeria, observers say the next decade will determine whether its health sector can finally deliver independence, a system that truly cares for its people