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Reps approve $347m loan for Lagos-Calabar highway, others

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The House of Representatives, on Wednesday, approved President Bola Tinubu’s request to the National Assembly, seeking approval to borrow $347m under the 2025–2026 borrowing plan.

The Speaker of the House of Representatives, Tajudeen Abbas, read the President’s correspondence on the floor of the Green Chamber during Wednesday’s plenary.

According to the President, the loan is necessary due to a rise in the funding needs for the Lagos-Calabar Coastal Highway project, whose cost increased by $47m, from $700m to $747m.

Justifying the loan request, the President said that when the borrowing plan was transmitted to the parliament, the lead arranger for financing only had financing commitments of up $700m from lenders, stressing that the shortfall in the financing was covered by export credit agencies.

“It is, therefore, necessary to increase the value of the financing for the project by $47m to ensure it aligns with the loan size agreed in the finance documents for the project,” the President said in the letter.

He noted that $300m is needed for the Nigerian universal communications access project, a landmark telecommunications initiative aimed at bridging the digital divide through the deployment of 7,000 telecommunications towers across hard-to-reach rural dwellings.

Recall that in May, Tinubu sought the approval of the parliament to approve the 2025-2026 borrowing plan of $21.54bn, €2.19bn and ¥15bn, in addition to a €65m grant.

With the extra $47m for the Lagos-Calabar road project and $300 million for the universal communication access project, the initial $21.54bn has witnessed a marginal increase to $21.89bn.

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On Wednesday, the House adopted the report presented by the Nasarawa lawmaker, Abubakar Nalaraba, who chairs the House Committee on Aids, Loans and Debt Management.

The lawmaker noted that despite increased borrowing, Nigeria’s debt portfolio “remains sustainable.”

He said, “At over N145tn, the debt-to-GDP ratio of about 50 per cent is within the international threshold (56 per cent).

“The current administration has succeeded in reducing the high debt service to revenue ratio from over 90 per cent to less than 70 per cent.

“The Federal Government’s capacity to service the new debt is bolstered by the anticipated revenue gains from the Nigerian Tax Act 2025, projected to grow by over 18 per cent year-on-year starting from 2026.”

The Deputy Speaker, Benjamin Kalu, who took over the plenary after the Speaker had left midway into the session, then approved the request.

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No child’s future should be defined by poverty – Emir Sanusi

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The Emir of Kano, Muhammad Sanusi II, has called for urgent and long-term action to address poverty and inequality in the North-West.

According to him, no child’s future should be determined by the circumstances of their birth.

He made the statement while delivering a keynote address at the High-Level North-West Policy Dialogue held in Kano State, where he urged leaders to focus on practical solutions rather than speeches and promises.

“The measure of any society is found in how it expands opportunity and protects the vulnerable. No child’s future should be foreclosed by the poverty of their birth.”

Sanusi warned that poverty in the region remains deeply rooted and is reflected in poor education outcomes, weak health systems, and high levels of child malnutrition and unemployment.

He said addressing the crisis requires strong political commitment and consistent investment in people, especially children and young people.

Among his key recommendations was a call for the creation of a long-term social investment framework in each state, with protected budget lines for health, education, social protection, and youth development.

He also proposed a minimum social package that guarantees basic services for citizens at different stages of life, from early childhood to adulthood.

Sanusi stressed the importance of early childhood development, saying the first years of life are critical to a child’s future learning and wellbeing.

He urged states to invest more in nutrition, early learning, and parental support, adding that what happens in those early years determines what a child becomes.”

The Emir also recommended stronger programmes for out-of-school children, adult literacy, and youth skills development to reduce unemployment and improve livelihoods.

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He further called for better use of traditional institutions in community data gathering and programme delivery, saying they are closer to the people and understand local needs better.

Sanusi also pushed for improved accountability, urging governments in the region to publish results of social investments and track progress annually.

He warned that without honest leadership and sustained action, poverty in the region would continue to deepen and affect future generations.

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US launches global crackdown on illegal ‘birth tourism’, revokes visas in Africa

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The United States Department of State has intensified enforcement actions against what it describes as illegal “birth tourism” schemes aimed at securing American citizenship for children through visitor visas.

This was disclosed in a statement posted via the department’s official X handle on Wednesday.

“Under President Trump, the State Department is defending the integrity of U.S. citizenship by ending illegal birth tourism schemes.

“No foreigner is permitted to obtain a visitor visa for the primary purpose of acquiring U.S. citizenship for a child by giving birth in the U.S.

“A U.S. embassy in West Africa uncovered a sophisticated birth tourism network involving more than 100 foreign nationals using fraudulent documents and visa ‘fixers’ to obtain visas in order to secure U.S. citizenship for their children.

“We shut it down, revoked these foreign nationals’ visas, and are coordinating with local authorities to systematically identify and dismantle similar operations.

“In Europe, a U.S. embassy identified more than 400 suspected birth tourism cases since 2024. Investigators traced them to at least six companies that coached applicants on what to say during their visa interviews, arranged U.S. housing, and set up delivery plans.

“We shut it down, revoked their visas, and permanently banned several fraudsters from travelling to the United States.

“One U.S. embassy in North Africa revoked more than 100 visas issued to ‘birth tourist’ parents who came to the United States primarily to give birth so their children could obtain U.S. citizenship.

“Consular officers, working with law enforcement and using data analytics, identified several networks abusing the system and put a stop to them.

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“A U.S. visa is a privilege, not a right. The State Department is taking action around the world to stop this abuse, dismantle birth tourism networks, and hold accountable those who try to scam our system,” the statement said.

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Explosions hit major cities as US launches new strikes on Iran

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The United States early Thursday launched air strikes on Southern Iran causing explosions in the major Iranian cities.

Iranian media reports that five enemy projectiles hit a site in the Kargan area of the city of Minab in southern Iran.

According to Iranian media, explosions were also reported in Bandar Abbas, while there were blasts and air defense activity in Jask, Qeshm, and Sirik in the Hormozgan province.

These cam as the US Central Command, CENTCOM, announced that American forces had begun launching additional self-defense strikes against multiple targets in Iran.

CENTCOM said President Donald Trump ordered the strikes in response to what it described as Iran’s continued aggression.

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