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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
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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
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