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Home delivery of passports to start in June-Minister

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Nigerians no longer have to travel to the immigration office to obtain their passports, as home delivery of passports is set to begin in June.

This development was announced by the Minister of Interior, Olubunmi Tunji-Ojo, on Friday when he inspected the electronic gates at the Nnamdi Azikiwe International Airport’s new terminal in Abuja.

Tunji-Ojo said the delivery will not include every location to avoid overloading and damaging the system.

He said the Nigerian Immigration Service would start home delivery in Lagos, Port Harcourt, Kano, and Abuja.

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He stated that for Nigerians in the diaspora, the home delivery service would initially launch in the United States and the United Kingdom, with preliminary testing to ensure its effectiveness.

The minister explained that the delay in implementing home delivery was due to a lack of data centres.

He noted that the NIS had been relying on a private company’s data centre and emphasised the need for a permanent solution to this problem.

“We have completed the whole solution but when we came on board, we realised that the data centre was not really there. We were leveraging on a private company data centre and we appreciate them for that assistance. We think that it is better to create a permanent solution to problems rather than quick fixes.

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“We could have done it in February but we had to build our data centre from scratch to be able to keep the integrity of our data and national seurity intact. This is more important. It is disgraceful that NIS is 61 years old and NIS is a custodian of biometric data of Nigeria and we believe that NIS should be in charge of the data of Nigeria.

“It is not acceptable that this data is domiciled in a third party and that is why we have been able to do this,” he said.

H added that the data centre has been constructed and the passport delivery issue has been resolved.

“It is about national security and I can assure you that It is comparable with anyone you can find anywhere in the world.

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“We have built the data centre, sorted the passport delivery solution and done the final presentation in terms of technology deliverables and the tracking solution which will all be embedded in the application we have so we do not create multiple lines of failure,” the minister said.

Speaking further, the minister stated that the final presentation of the electronic visa has been completed.

He added that it will reduce the visa processing time from 72 hours to 48 hours.

“The passport automation process is almost complete,” he added.

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This announcement comes nine months after the minister initially declared that home delivery of passports to Nigerians would commence by February 2024.

In October, Tunji-Ojo stated that starting in February 2024, Nigerians would be able to have their passports delivered to their homes, offices, or any other location of their choice.

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Court Remands P-Square’s Brother, Ex-Manager Jude Okoye IOver Alleged N1.3B, $1M, £34,000 Fraud

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By Kayode Sanni-Arewa

The Economic and Financial Crimes Commission (EFCC) has taken Jude Okoye, the elder brother and former manager of the defunct music duo P-Square, to court over alleged money laundering involving ₦1.38 billion, $1 million, and £34,537.59.

Jude Okoye, along with his company Northside Music Ltd, was arraigned before Justice Alexander Owoeye of the Federal High Court in Lagos on Wednesday, facing a seven-count charge related to financial crimes.

One of the charges states: “That you, Jude Okoye Chigozie and Northside Music Ltd, sometime in 2022 in Lagos, within the jurisdiction of this Honourable Court, did directly acquire a landed property known as No 5, Tony Eromosele Street, Parkview Estate, Ikoyi, Lagos worth ₦850,000,000.00 (Eight hundred and fifty million naira) only, which money you knew or reasonably ought to have known forms part of proceeds of unlawful acts, thereby committing an offence contrary to Section 18 (2)(d) and punishable under Section 18 (3) of the Money Laundering (Prevention and Prohibition) Act, 2022.”

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Another charge alleges that Jude Okoye and his company used a Bureau de Change operator to convert $1,019,762.87 (One million nineteen thousand, seven hundred and sixty-two dollars, eighty-seven cents) domiciled in Access Bank Plc into naira and remitted the funds into various accounts with the intent to conceal the source of the money, in violation of the Money Laundering Act.

Jude Okoye pleaded “not guilty” to the charges.

Following his plea, EFCC counsel Larry Peters Aso applied for a trial date and requested that the defendant be remanded in a correctional facility pending trial.

However, defence counsel Inibehe Effiong informed the court of a pending bail application and urged the court to keep Okoye in EFCC custody until the application is heard.

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The prosecution opposed the request, citing congestion in EFCC facilities and urging the court to remand him to a correctional centre instead.

Justice Owoeye subsequently adjourned the case to February 28 for a bail hearing and fixed April 14 for trial commencement.

The judge also ordered that Jude Okoye be remanded at the Ikoyi correctional facility pending the determination of his bail application.

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Funso Ayeni donates N1m, appeals to citizens to support Fisayo Aluko medical needs

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By Kayode Sanni-Arewa

Prince Funso Ayeni, an Ikole born philanthropist and politician has donated the sum of N1,000,000 for the support of one Esther Fisayo Aluko Medical needs.

Fisayo Aluko, an Indigene of Ikole LGA part of Ekiti State is currently in need of fund running to millions of Naira to carry out a kidney transplant.

Prince Funso Ayeni made his support known via a Whatsapp platform created for the Indigenes of the LG.

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“Good afternoon great citizens,
I am Prince Funso Ayeni (PhD)
I am deeply touched by the condition of Esther Fisayo Aluko, a young lady from Ikole Ekiti, battling kidney issue.

On behalf of myself, my family, and the entire Funso Ayeni Foundation (FAF), I have donated ₦1,000,000 (one million naira) towards her medical treatment ( receipt attached).

“I also appeal to our brothers and sisters from Ikole Local Government, both in and out of government, to rally their contacts and resources to support this urgent cause.

“Together, we can give Esther a chance to live a healthy life again.

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Naira again falls against Dollar – February 26

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By Kayode Sanni-Arewa

The naira is exchanging for ₦1,498 to 1 US Dollar at the parallel market (black market) in Nigeria.

This means that for every one dollar, you can get the equivalent in naira of ₦1,498 on February 26, 2025.

The black market rate signifies the value at which individuals can trade their dollars for naira outside the official or regulated exchange channels.

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Note that the Black Market Exchange rate is typically higher than the official exchange rate because it is not regulated by the government

Today’s February 26 exchange shows that the naira has improved against the dollar, as it strengthened compared to what it traded on Tuesday, February 25, when the naira exchanged ₦1,499.

The value of any nation’s currency is determined by aggregate supply and demand.

The forces of supply and demand are themselves influenced by a number of factors, including interest rates, inflation, capital flow, and money supply.

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The most common method to value currency is through exchange rates. The two main exchange rate systems are fixed rate and floating rate systems.

Investors and participants closely monitor these parallel market rates for a more immediate reflection of currency dynamics

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