• About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions
Saturday, June 13, 2026
Verily News
No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
No Result
View All Result
No Result
View All Result
Home Business & Economy

Minister of Interior: Over 200,000 Passports Processed, ₦28bn Debt Settled

May 27, 2025
in Business & Economy
Reading Time: 3 mins read
0
MINISTER
Share on FacebookShare on TwitterShare on Linkedin
Spread the love

In a powerful address at the Access Bank Guest Lecture Series (GLS) held at the bank’s headquarters in Victoria Island, Lagos, Nigeria’s Minister of Interior, Olubunmi Tunji-Ojo, announced the successful clearance of over 200,000 unprocessed passport applications since taking office.

The minister, speaking on the theme “Dare to Dream, Dare to Innovate,” outlined a transformative agenda for the Ministry of Interior, emphasizing technology-driven governance, ethical leadership, and urgent reforms in Nigeria’s correctional system.

Tunji-Ojo, a former ethical hacker, drew parallels between cybersecurity and leadership, stressing the importance of proactively addressing challenges before they escalate. “Leadership is not about reacting to problems; it’s about foreseeing and solving them before they occur,” he said, urging leaders to define their purpose, execute strategically, and act decisively.

The minister highlighted significant progress made under his leadership, including the repayment of ₦28 billion in legacy debts without additional federal funding. This financial turnaround, he explained, was achieved through innovative strategies like system integration and technology adoption.

Tunji-Ojo addressed the dire state of Nigeria’s correctional facilities, where over 4,000 inmates remain incarcerated due to their inability to pay fines as low as ₦50,000. “This is not a legals; it is a moral one,” he declared. “A society that punishes poverty more harshly than crime has lost its moral compass.” To tackle this, the ministry has partnered with private donors to secure the release of many nonviolent offenders.

Aigboje Aig-Imoukhuede, Chairman of Access Holdings PLC, commended Tunji-Ojo’s visionary leadership, noting that his achievements demonstrate that “innovation is not about big budgets; it’s about big thinking.” Aig-Imoukhuede highlighted the GLS as a platform to foster dialogue on leadership, accountability, and sustainable change, adding that Tunji-Ojo’s approach mirrors Access Bank’s commitment to impact and excellence.

The minister concluded with a rallying call for Nigerians to embrace a philosophy of excellence. “Let Access Bank not just be a financial institution, let it be a philosophy. Let Nigeria not just be a country of potential; let it be a nation of performance,” he urged, encouraging participants to refine and harness Nigeria’s genius for progress.

The event, attended by executives, policymakers, and thought leaders, underscored Access Bank’s role as a catalyst for national transformation through dialogue and collaboration. Tunji-Ojo’s address has sparked renewed optimism about the potential for innovation-driven governance to address Nigeria’s longstanding challenges.

WHAT YOU SHOULD KNOW

Clearance of 200,000 Passport Backlogs: The elimination of over 200,000 unprocessed passport applications signals a significant improvement in administrative efficiency. This reduces delays for individuals and businesses reliant on international travel, enhancing Nigeria’s attractiveness for tourism, trade, and investment.

The introduction of e-visa platforms, contactless passport renewals, and a Tier-4 data center demonstrates a shift toward digital transformation in public services. These tools streamline processes, reduce bureaucratic bottlenecks, and enhance user experience for both citizens and foreigners.

Repayment of ₦28 Billion in Legacy Debt: The ministry’s ability to clear ₦28 billion in debts without additional federal funding highlights a model of fiscal discipline and resource optimization. This was achieved through system integration and technology innovation.

ALSO READ TOP STORIES FROM VERILY NEWS

Tags: ACCESS BANKFederal GovernmentMINISTRY OF INTERIOR
Share198Tweet124Share35
Previous Post

Global Markets shake as Dollar Weakens Amid Tariff Policy Volatility

Next Post

FG Inaugurates Committee to Oversee Completion, Allocation of Recovered 753-Unit Housing Estate

Related Posts

SpaceX

SpaceX Debuts on Nasdaq as Largest IPO Ever

by Victoria Ogbadu
June 12, 2026
0

SpaceX began trading as a public company on the Nasdaq on Friday, completing what stands as the largest initial public...

naira

Naira vs Dollar Exchange Rate—12th June 2026

by Victoria Ogbadu
June 12, 2026
0

The naira maintained a relatively calm posture against the US dollar on Friday, as trading across Nigeria's official and unofficial...

Oil

Global Oil Prices—12th June 2026

by Victoria Ogbadu
June 12, 2026
0

Oil markets tumbled for a second consecutive session on Friday as traders rushed to price out geopolitical risk premium following...

OPEC

OPEC Records Lowest Output in Over Two Decades

by Victoria Ogbadu
June 11, 2026
0

OPEC's May output has plunged to its lowest level since 2000, as the escalating confrontation with Iran rapidly reshapes the...

Dangote

How Dangote’s Refinery Became Africa’s Most Valuable Private Asset

by Victoria Ogbadu
June 11, 2026
0

The Dangote Petroleum Refinery has been formally valued at $39.1 billion as it moves to raise fresh investment through a...

Load More
Next Post
Photo of the Recovered Housing Units from Emefiele

FG Inaugurates Committee to Oversee Completion, Allocation of Recovered 753-Unit Housing Estate

House of Representatives

FCT Minister Summoned Over Budget Hearing Absence

Photo President Tinubu hugging a child

Children’s Day: Tinubu Pledges Bold Action Against Child Bullying, Vows Safer Future for Children

tyla

South Africa’s Tyla Wins Favourite Afrobeats Artist Award at 2025 AMAs

Photo of a Nigerian Police officer

Police Summon Officers Over Viral Extortion Video in Benin City

PDP logo

PDP Continues Caucus Meeting Amid Secretariat Sealing Controversy

Photo of Tinubu in NASS

Tinubu Requests Approval for Over $21bn External Loan and ₦758bn Pension Bond from Lawmakers

Photo of zubaida umar

NEMA Confirms Abuja Explosion Was a Failed Suicide Bombing Attempt

UK

UK Commits £3 Billion to Skills Training in Bid to Curb Immigration and Boost Domestic Workforce

Photo of Tunji Ojo

FG Clears Over 200,000 Passport Backlogs, Pays ₦28bn Debts — Interior Minister

  • Trending
  • Comments
  • Latest
cbn governor olayemi cardoso

CBN Approves Merger Between Two Banks

February 23, 2026
2027: APC Governors Endorse Next Senate President After Akpabio

APC Governorship Candidate Joins ADC

March 16, 2026
NNPC Increases Petrol Price

NNPC Reduces Fuel Price

March 17, 2026
Kenya Airways

Viral video: Drama at Airport as Nigerian Woman Clashes with Kenya Airways Over Visa Issue

0
NLC

NLC Suspends Nationwide Protest Over Telecom Tariff Hike

0
VeryDarkMan

VeryDarkMan Vows to Uncover Truth in Mercy Chinwo and Ex-Manager’s Controversy

0
Makinde reveals location of abducted Oyo pupils

Makinde reveals location of abducted Oyo pupils

June 13, 2026
Musk Officially Becomes World’s First Trillionaire

Musk Officially Becomes World’s First Trillionaire

June 12, 2026
US-Iran Deal in Doubt as Tehran Disputes Trump’s Account of Nuclear, Hormuz Terms

US-Iran Deal in Doubt as Tehran Disputes Trump’s Account of Nuclear, Hormuz Terms

June 12, 2026
Verily News

Copyright © 2025 Verily News.

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions

Follow Us

No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story

Copyright © 2025 Verily News.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Get Breaking News Alerts on WhatsApp