Author: Val Kosi

  • Rising onward migration of skilled immigrants threatens Canada’s economy

    Rising onward migration of skilled immigrants threatens Canada’s economy

    Canada is facing an increasing challenge as a growing number of skilled immigrants, including permanent residents, are leaving the country.

    Despite being a long-time destination for talented workers, many highly educated immigrants are opting to migrate elsewhere.

    This trend, known as “onward migration,” is raising alarms about the potential negative impact on Canada’s economy and workforce.

    As the government lowers its immigration targets in response to public concerns over housing and affordability, the departure of skilled workers could deepen existing workforce shortages and limit long-term economic growth.

    According to Immigration News Canada (INC), in the past year, Canada experienced significant population growth, driven by high immigration levels, international students, and temporary foreign workers.

    However, the federal government has revised its immigration policies, citing strain on social services and infrastructure.

    Reports tell that for the first time in decades, Canada has reduced its permanent immigration targets, cutting the 2024 target from 500,000 to 395,000 by 2025. While this reduction addresses some concerns, it overlooks the critical issue of retaining immigrants who have already arrived.

    Why skilled immigrants are leaving Canada 

    Contrary to popular belief, reports inform that many of those leaving Canada are not struggling to integrate, they are often highly educated professionals who were specifically selected for their skills to meet the country’s labor needs.

    Many immigrants are leaving for better opportunities abroad or due to dissatisfaction with their experiences in Canada.

    Some of the dissatisfying experiences are linked with: 

    Housing affordability and cost of living 

    • A major reason for onward migration is Canada’s housing affordability crisis. In cities like Toronto and Vancouver, INC reports that many immigrants find it increasingly difficult to secure affordable housing.
    • With costs rising and limited options available, some skilled workers are choosing to leave for more affordable countries, where they can build a more stable future.

    Underemployment and career barriers 

    It is noted that skilled immigrants often face barriers to fully utilizing their qualifications.

    • Factors such as regulatory challenges, delayed credential recognition, and a lack of Canadian work experience often push newcomers into low-paying jobs unrelated to their fields.
    • This underemployment drives many skilled workers to seek better opportunities in countries with more streamlined processes for career advancement.

    Better opportunities abroad 

    • Observations have cited that countries such as the United States, Australia, and Germany,  are actively competing for skilled talent.
    • Offering higher salaries, faster immigration pathways, and better support systems for newcomers, these nations have become attractive alternatives to Canada.
    • For many skilled immigrants, the pull of these opportunities outweighs the challenges they face in Canada.

    Economic impact of onward migration 

    • The loss of skilled immigrants poses a serious threat to Canada’s economy; as immigrants play a vital role in critical sectors like healthcare, technology, and construction, where labor shortages are already a pressing issue.
    • Losing these workers would not only inflame existing shortages but also limit the potential for innovation and growth.
    • INC notes that immigrants make up a significant portion of Canada’s healthcare workforce, and their departure could worsen shortages of doctors, nurses, and other professionals.

    Public opinion and changing attitudes toward immigration 

    • According to reports, recent surveys show growing skepticism toward immigration among Canadians, citing concerns about housing availability, healthcare access, and job competition.
    • This shift in public opinion has also influenced the federal government’s decision to cut immigration targets.
    • However, experts warn that a reduction in new arrivals may not be enough to address the deeper issue of retention, as immigrants who are already in Canada may still choose to leave.

    What Canada can do to retain immigrants 

    • To tackle the challenge of onward migration reports state that Canada needs to focus on retention as much as attraction.
    • Policy changes could include improving housing affordability, simplifying the process for recognizing foreign credentials, and investing in social services like healthcare and education.
    • Additionally, regional immigration programs aimed at encouraging newcomers to settle in smaller communities could help alleviate pressure on larger cities and create more balanced opportunities across the country.
  • BankBox achieves groundbreaking 1,734% growth in 2024, revolutionising Nigeria’s payment landscape

    BankBox achieves groundbreaking 1,734% growth in 2024, revolutionising Nigeria’s payment landscape

    BankBox, Nigeria’s first portable payment device, in 2024 recorded an incredible 1,734% surge in usage.

    This trailblazing solution has revolutionised the payment landscape by providing businesses with a seamless, affordable, and innovative way to process transactions.

    Designed to meet the dynamic needs of Small and Medium Enterprises (SMEs), Other Financial Institutions (OFIs), and service providers, BankBox combines portability, efficiency, and advanced technology to deliver an unparalleled payment experience.

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    Its contactless feature allows businesses to process payments effortlessly, ensuring quick, secure transactions with just a tap. This capability aligns with modern consumer expectations, offering a frictionless payment experience that reduces wait times and enhances customer satisfaction.

    Simplified Contactless Payments with BankBox 

    BankBox makes processing contactless payments effortless. A simple card tap on the device is all it takes to complete a transaction. In line with Central Bank of Nigeria (CBN) regulations, transactions under NGN15,000 are supported without needing PIN entry, making everyday payments quick and hassle-free.

    From shopping at local markets to dining at favourite restaurants, customers can now pay quickly—no delays or fuss. BankBox enables businesses to offer the seamless payment experience consumers demand.

    The portable device not only supports contactless transactions but is also compatible with cards from leading commercial banks and fintech companies, including:

    • Access Bank
    • Guaranty Trust Bank (GTBank)
    • UBA
    • Zenith Bank
    • First Bank
    • Wema Bank
    • Providus Bank
    • Stanbic IBTC
    • KUDA
    • PalmPay
    • Opay
    • Raven
    • By supporting transactions below NGN15,000 without requiring PIN entry, BankBox caters to the high-frequency, low-value payments that dominate everyday spending in Nigeria.

      The contactless functionality and compatibility across major banks and fintech platforms solidify BankBox’s position as a leader in driving Nigeria’s transition toward a cashless economy.

      Revolutionising Payments across Industries 

      BankBox’s portable design is a game-changer for businesses across sectors. It supports mobile operators like petty traders, logistics companies, and ride-hailing services, as well as established businesses such as supermarket chains. With BankBox, businesses of all sizes can deliver unparalleled convenience.

      Download BankBox

    • What Users Are Saying 

      BankBox has revolutionised payment experiences for millions of Nigerians, reflecting Raven’s unwavering commitment to financial accessibility and inclusion.

      More than just a device, BankBox embodies Raven’s vision for intuitive, reliable, and forward-thinking financial solutions. This innovation transcends convenience, reshaping how Nigerians interact with money and approach everyday transactions.

      What BankBox users have to say!

      Experience effortless, secure, and contactless payments today. The future is BankBo

  • Borno govt allocates N1.6 billion for rehabilitation of 33 hit by floods

    Borno govt allocates N1.6 billion for rehabilitation of 33 hit by floods

    The Borno State Government has approved N1.6 billion for the rehabilitation of 33 educational institutions affected by the recent floods in the state.

    The funding is aimed at restoring critical educational infrastructure and providing safe, conducive learning environments for students in the flood-impacted areas.

    Alhaji Lawan Abba-Wakilbe, the State’s Commissioner for Education, Science, Technology, and Innovation, announced on Saturday, noting that the affected schools are spread across Maiduguri, Jere, Mafa, Konduga, Chibok, and Damboa local government areas, as reported by the News Agency of Nigeria.

    “Borno Government says it has approved N1.6 billion for the rehabilitation of 33 educational institutions affected by the recent floods in the state. 

    “The affected schools cut across Maiduguri, Jere, Mafa, Konduga, Chibok, and Damboa local government areas of the state. 

    “Alhaji Lawan Abba-Wakilbe, the Commissioner for Education, Science, Technology, and Innovation announced this on Saturday in Maiduguri,” the NAN report read in part.  

    Abba-Wakilbe noted that the rehabilitation effort is part of a broader plan to address the damages caused by the floods, which have disrupted education for many students in the state.

    The Commissioner emphasized the government’s strong commitment to restoring learning facilities and ensuring uninterrupted education.

    He noted that the N1.6 billion will be allocated directly to the affected schools through the School-Based Management Committees (SBMCs), which will oversee the implementation of the School Improvement Plan (SIP) for each institution.

    Abba-Wakilbe stressed that the committees have earned a reputation for effectively managing previous projects, and they will ensure that the rehabilitation funds are used efficiently. The amount allocated to each school will be determined based on the level of damage sustained.

    More Insights

    The Commissioner also announced that the rehabilitation initiative will extend beyond the schools to include the state’s Library Board and the Scholarship Board, further strengthening the restoration of educational resources across Borno.

    • Abba-Wakilbe stressed that the Borno State Ministry of Education, Science, Technology, and Innovation has set up a monitoring team to ensure the proper use of the funds.
    • To enhance transparency, he revealed that plans are also underway to engage an auditor and financial consultant to oversee the process.
    • The Commissioner urged school management without operational accounts to open them promptly to facilitate the fund distribution.

    The report also noted that the announcement has received widespread support from educators and parents, with many expressing optimism that the rehabilitation efforts will help students return to a safer, more stable learning environment.

     

  • HIV/AIDS: 1.6m Nigerians on treatment, but child infections remain a challenge – NACA

    HIV/AIDS: 1.6m Nigerians on treatment, but child infections remain a challenge – NACA

    Dr. Temitope Ilori, Director General of the National Agency for the Control of AIDS (NACA), has revealed that 1.6 million out of the 2 million people living with HIV in Nigeria are currently on treatment.

    She disclosed this during a press conference in Abuja ahead of the 2024 World AIDS Day, themed “Take the Rights Path: Sustain HIV Response; Stop HIV Among Children to End AIDS in Nigeria by 2030.”  

    The theme emphasizes the urgency to curb the epidemic among children while raising awareness and honoring those affected by HIV/AIDS.
    According to Ilori, Nigeria’s HIV prevalence stands at 1.4% among the general population, with about 160,000 children aged 0-14 living with the virus.

    Mother-to-child transmission remains a challenge
    Ilori acknowledged that in spite of progress, the country faces significant challenges in preventing mother-to-child transmission of HIV (PMTCT), with coverage remaining below 33 percent.

    In response, to address these challenges, NACA has developed the Global Alliance Action Plan to End AIDS in Children and established a national-level acceleration committee to track implementation.
    She explained that the agency has also engaged stakeholders to co-create a sustainability roadmap, ensuring that gains in the HIV response are sustained, and government-mandated structures are in place.
    “This roadmap, among other things, will ensure that Nigeria’s health system remains secure, both in terms of HIV and associated diseases.”

    Ilori emphasized the need for collective action, calling on all Nigerians to join hands with NACA to break the stigma, embrace equity, and drive collective action to stop HIV among children.

    “On this World AIDS Day, I call on all Nigerians to join hands with NACA to break the stigma, embrace equity, drive collective action, and stop HIV among our children.

    “We must empower every individual, especially women who are most vulnerable to contracting HIV, and other vulnerable populations, to access life-saving services and live with dignity.

    “Together, let us recommit to the vision of an AIDS-free Nigeria by 2030. Ending AIDS is not just a target, it is a testament to our resolve, compassion, and unity as a nation,” she said.

    Global and local partnerships to sustain progress
    Mr. Leo Zekeng, Country Director of UNAIDS, emphasised the need for sustainability and renewed political commitment as Nigeria moves toward ending AIDS by 2030.

    “To achieve sustainability in the fight against HIV/AIDS, renewed political commitment and increased domestic resources are essential.

    “This involves collaboration between government agencies, private sectors, and health organisations to allocate more resources to the AIDS response.”

    Similarly, Dr. Patrick Dakum, Chief Executive Officer of the Institute of Human Virology Nigeria (IHVN), emphasised the need for sustainability, renewed political commitment, and collaborative action to address the challenges ahead.
    Dakum, represented by Dr Olayemi Olupitan, Project Director, IHVN Global Fund N-THRIP, said they have demonstrated excellence in combating HIV and TB through a holistic approach that bridged national and community-level interventions.
    “Our work has consistently focused on delivering patient-centered solutions, strengthening health systems, and reducing stigma and discrimination in communities.

    “World AIDS Day serves as a reminder of our collective responsibility to ensure that no one is left behind in the fight against HIV/AIDS,” he said.

    Expanding preventive measures beyond 2030
    Funmi Adesanya, Nigeria’s Country Coordinator for the U.S. President’s Emergency Plan for AIDS Relief (PEPFAR), called for the expansion of preventive efforts to end HIV/AIDS and look beyond 2030.

    Adesanya, represented by Deputy Country Coordinator Mr Emerson Evans, stressed the need to scale up evidence-based prevention strategies, such as Pre-Exposure Prophylaxis and harm reduction services to often-overlooked populations like children.

    ”Invest in resilient and inclusive healthcare systems that ensure uninterrupted access to antiretroviral therapy, even in crises.

    “Address social determinants like stigma, discrimination, and structural inequalities that hinder access to care, particularly for marginalised groups,” she said.

    Adesanya also emphasised the importance of investing in research and development, supporting innovative vaccine development, and creating long-acting treatment regimens to improve outcomes and reduce transmission.

  • What African leaders must learn from America First – Professor Jeremy Ghez

    What African leaders must learn from America First – Professor Jeremy Ghez

    With the rise of “America First,” African nations must rethink their approach to engaging with the United States, argues Professor Jeremy Ghez.

    Ghez gave this insight during the Nairametrics Nigeria Economic Outlook 2025 Focus: Exchange Rate, Interest Rate, Economic Growth, Geopolitics, he urged African nations to adapt to America’s evolving foreign policy, which now prioritizes domestic economic benefits over traditional diplomatic compromises.

    Ghez outlined how the U.S. has transitioned from compromise-driven diplomacy to a power-centric, transactional model.

    Referencing Donald Trump’s, The Art of the Deal, Ghez describes a negotiation style that thrives on arm wrestling rather than consensus-building.

    He emphasizes that this ideology represents a broader American pivot towards prioritizing domestic economic benefits in global engagements.

    “This is about business and economic prospects,” he says, highlighting that transnationalism, not protectionism, defines the current U.S. stance.

    Ghez calls on African leaders to respond strategically. Drawing lessons from China’s dealings with Trump, he suggests African nations would benefit from unity in negotiations.

    “The key for African partners is to find a core set of shared interests to push forward as a bloc,” Ghez advises. 

    The stakes are high, he notes, as economic priorities dominate U.S. foreign policy, sidelining broader security guarantees.

    “If you want this, you must get that,” Ghez says, underscoring the importance of clarity and leverage in negotiations,” she noted.

    Ghez reflects on a changing America, one less willing to compromise and more focused on transactional outcomes.

    For African leaders, the message is clear: adapt to the rules of this new game or risk being sidelined in the global power struggle.

    Concerns loom over AGOA renewal amid changing U.S. policies 

    • As the African Growth and Opportunity Act (AGOA) nears its 2025 expiration, Margaret Olele, CEO of the American Business Council, also expressed concerns over potential renegotiations under evolving U.S. policies.
    • Speaking on Nigeria’s trade opportunities, Olele stressed that AGOA remains a lifeline for many African nations, including Nigeria, in maintaining export relationships with the U.S.

    “The fear of higher tariffs or reduced trade benefits under an ‘America First’ policy is palpable,” Olele said. “The current administration’s anti-China stance, however, may still create opportunities for U.S. private sector-driven projects in Nigeria.” 

    Since its inception during the Trump administration, AGOA has facilitated 152 deals worth $86 billion in exports to Africa.

    Olele called on Nigeria to strengthen its economic fundamentals to remain competitive in future U.S. trade policies.

  • Lagos govt seals 9 businesses in Mushin, Amuwo Odofin, and Okota Isolo for noise, environmental violation

    Lagos govt seals 9 businesses in Mushin, Amuwo Odofin, and Okota Isolo for noise, environmental violation

    The Lagos State Government has sealed nine establishments across Mushin, Amuwo Odofin, and Okota Isolo for violating noise and environmental regulations, including a bakery, a hotel, a church, a conference center and a spa, among others.

    The Lagos State Environmental Protection Agency (LASEPA) carried out the enforcement action as part of its ongoing efforts to reduce noise pollution, uphold environmental standards, and promote a healthier, more sustainable environment for all Lagosians.

    The disclosure was made in a statement posted on Monday via the official X (formerly Twitter) account of Tokunbo Wahab, the Lagos State Commissioner for Environment and Water Resources.

     

    It emphasized that despite prior notices from LASEPA, the affected businesses were shut down for failing to meet required environmental standards.

    “In a decisive move to combat noise pollution and other environmental violations, the Lagos State Environmental Protection Agency (LASEPA) @LasepaOfficial  during the week sealed several establishments across the state. The enforcement operation, which covered areas such as Mushin, Amuwo Odofin, and Okota Isolo, underscores LASEPA’s commitment to fostering a healthier and more sustainable environment for all Lagosians.

    It added, “These establishments were shut down for failing to comply with environmental standards, despite prior notices from the agency,” the statement read in part.

    The establishments sealed include:

    • Daily Bakery
    • Redeemed Christian Church of God
    • Gak Universal Allied Limited
    • Ideal Standard
    • Franjane Royal Suites
    • Golden Haven Resort & Suites
    • Festival Hotel Conference Center & SPA
    • FS Service Centre
    • Moulin Rouge Ventures at Olivia Mall

    The statement highlighted that the closure of the defaulting establishments reinforces LASEPA’s commitment to enforcing environmental regulations and safeguarding the well-being of Lagosians, with the agency assuring the public of its ongoing efforts to create a cleaner, quieter, and more sustainable Lagos.

    What you should know  

    The Lagos State government continues to enforce regulations addressing noise pollution and environmental violations across the state. Recently, several establishments in Gbagada, Ogudu, Ojodu, and Agidingbi were shut down for such violations.

    • Notably, Ile Iyan restaurant in Ikeja GRA was sealed for exceeding noise levels and failing to meet environmental standards. Donald Fast Food in Lekki Phase 1 was closed two months ago for operating as a nightclub in a residential area but reopened after committing to noise limits.
      • In October 2023, Carizma Hotel in Abule Egba was sealed following repeated noise complaints from residents. Other closures include Silk Club in Ikoyi and Quilox Club in Victoria Island for excessive noise. These actions align with NESREA guidelines, which set noise limits of 55 decibels during the day and 45 at night in residential areas.
      • Additionally, establishments in Ikorodu, including bakeries, hotels, bars, and churches, were sealed for environmental violations. Markets like Mile 12, Ladipo, and Oyingbo were temporarily closed earlier this year but resumed after meeting environmental standards.

      Lagos State Commissioner for Environment and Water Resources, Tokunbo Wahab, has repeatedly emphasized that these actions are vital to public health and a sustainable environment for Lagosians.

    • Caleb Obiowo has a degree in Urban and Regional Planning from the University of Uyo. With over three years of experience writing about a range of topics, Caleb is dedicated to educating his audience through useful content. He is currently an analyst at Nairametrics focused on exploring the Nigerian transportion, construction, and real estate sectors, among others.

    Daily Bakery enviromental violation lasepa RCCG Tokunbo Wahab

  • Nigeria loses $1.1 billion annually to malaria crisis – Health minister

    Nigeria loses $1.1 billion annually to malaria crisis – Health minister

    The Coordinating Minister of Health and Social Welfare, Prof. Muhammad Pate, has revealed that malaria costs Nigeria over $1.1 billion in annual Gross Domestic Product (GDP) losses.

    He made this declaration at the inaugural meeting of the Advisory Body on Malaria Elimination in Nigeria ( AMEN) held in Abuja.

    A statement issued by the ministry’s Deputy Director of Information and Public Relations, Alaba Balogun, on Tuesday, stated that Pate described malaria as not just a health crisis, calling it “an economic and developmental emergency that must be eliminated.”

    He highlighted Nigeria’s disproportionate malaria burden, saying malaria continues to exert an unacceptable toll. With 27% of global malaria cases and 31% of global malaria-related deaths.

    “Our country bears the heaviest burden of this disease. In 2022, over 180,000 Nigerian children under the age of five lost their lives to malaria – a tragedy we have the tools to prevent, “Pate lamented.

    He further stated that this is not only a health crisis but an economic and developmental emergency. “Malaria reduces productivity, increases out-of-pocket health expenditures, and, compounds the challenges of poverty. The annual loss to Nigeria’s GDP from malaria exceeds $ 1.1 billion, emphasizing the urgent economic necessity of eradicating this disease.”

    Unveiling the advisory body, Pate noted its mission to address malaria decisively. “The annual loss to Nigeria’s GDP underscores the economic imperative of elimination,” he added.

    The initiative aligns with the Nigeria Health Sector Renewal Investment Initiative, which is part of the administration’s renewed hope agenda to transform the health sector.

    While acknowledging the urgency of the task as reflected in the National Malaria Strategic Plan 2021-2025, to amongst others reduce malaria prevalence to below 10 percent, and halve malaria-related mortality by 50 deaths per 1,000 live births; Pate also highlighted the importance of traditional and religious leaders to drive grassroots support and influence behavioural change.

    This advocacy approach, he emphasised, will complement AMEN, in promoting the use of insecticide-treated nets, chemoprevention, and vaccines.

    Collaboration as a key driver

    Minister of State for Health and Social Welfare, Dr. Iziaq Salako, praised the formation of the advisory body, describing it as a team of globally recognized experts.

    “The advisory group will provide evidence-based strategies to reduce the malaria burden, prioritize elimination in government budgets, and chart realistic paths to a malaria-free Nigeria,” Salako stated.

    He added that success hinges on the coordinated efforts of private sector stakeholders, international partners, healthcare workers, and communities.

    The Advisory on Malaria Elimination in Nigeria (AMEN) is made up of globally renowned experts under the leadership of Prof. Rose Leke and is tasked with refocusing on advancing evidence-based solutions that address current challenges, ensuring that malaria elimination is prioritised in the budgets and plans of all levels of government and, creating frameworks for accountability that ensure sustained progress.

  • No official date for upcoming census in Nigeria – NPC

    No official date for upcoming census in Nigeria – NPC

    The National Population Commission (NPC) has issued a clarification in response to misleading reports circulating online that falsely suggest the Chairman, Hon. Nasir Isa Kwarra, announced the next Population and Housing Census in Nigeria would take place in 2025.

    In a statement released today by the NPC, Erelu Taibat Yemi Oloruntoba, the Acting Director of Public Affairs, the NPC clarified that no official date for the upcoming census has been set.

    The commission noted that the Chairman’s remarks had been misinterpreted, saying that the misreporting stems from comments made during a media interaction at the 30th Anniversary of the International Conference on Population and Development (ICPD) in Abuja.

    What NPC is saying

    “We wish to clarify that no official announcement regarding the date of the upcoming census has been made. The Chairman’s remarks have been taken out of context by individuals seeking to mislead the public and drive traffic to their sites rather than provide accurate information. 

    “To put the record straight, during a media interaction at the 30th Anniversary of the International Conference on Population and Development (ICPD) in Abuja, the NPC Chairman addressed the pressing issue of significant data gaps in Nigeria that impede the tailoring of reproductive health services and interventions to specific demographic groups. He expressed hope that President Tinubu would proclaim the census date in the coming year,” the statement read. 

    NPC’s constitutional role  

    • The NPC, in its statement, emphasized that while it is constitutionally mandated to conduct censuses, the commission does not have the authority to set the date for the census.
    • The power to determine the census date rests solely with the President of Nigeria, who must issue the proclamation.
    • Following the postponement of the census by the previous administration, the NPC has been engaged in discussions with the presidency to determine the new census date. The commission remains in the preparatory stages for the upcoming census, with ongoing consultations about the timeline.
    • The NPC reassured the public that while the census date has not been set, preparations for the event are actively underway. The Commission is working diligently in collaboration with the presidency to establish an official date.

    Oloruntoba urged the public to rely on verified information from official NPC channels instead of unsubstantiated reports from unofficial sources.

    “We urge the public to seek verified information from official NPC channels rather than relying on unsubstantiated claims,” stated Oloruntoba. 

    The NPC called on both the public and the media to exercise caution when disseminating information. The Commission urged all stakeholders to verify the accuracy of reports before publication and to rely on official sources for updates.

     

  • Nigerian box office hits N8.76 billion towards blockbuster December

    Nigerian box office hits N8.76 billion towards blockbuster December

    The Nigerian cinema industry has achieved significant growth in 2024, with box office revenue reaching N8.76 billion year-to-date, reflecting a 59% increase compared to the same period last year.

    While ticket admissions have declined by 0.5%, higher revenue indicates increased average ticket prices and strong performance from high-grossing films.

    One of the standout contributors to this surge is new comer Disney’s Moana 2, which is on track for an opening weekend surpassing N100 million.

    If achieved, this would set a new record for animated films in Nigeria, overtaking the N28.4 million debut of Spider-Man: Across the Spider-Verse in 2023.

    The film’s strong performance highlights the continued appeal of family-oriented international titles.

    Nigerian productions continue to dominate the market, accounting for over half of 2024’s total box office revenue. Local films have maintained impressive momentum, with at least one title crossing N100 million in earnings each month.

    Funke Akindele’s upcoming Everybody Loves Jenifa, set for release on December 13, is one of the most anticipated titles this year. Akindele’s films have been major contributors to the industry’s growth, with her releases in 2023 alone grossing over N1 billion. Other December releases include Toyin Abraham’s Alakada: Bad and Boujee, Seven Doors, Thin Line, and Christmas in Lagos.

    December has become a key month for Nigerian cinema, a trend established by the success of The Wedding Party in 2016. That film held the record for the highest-grossing Nigerian film until it was surpassed by Omo Ghetto: The Saga in 2020. The tradition of releasing star-studded blockbusters during the holiday season has continued to drive audience engagement and boost revenues

    Despite a slight dip in admissions compared to the previous year, the Nigerian film industry has leveraged its ability to produce consistent hits, both domestically and internationally. With major titles scheduled for release in December, the industry is poised for a record-breaking conclusion to an already remarkable year.

    Backstory  

    According to a presentation given by Moses Babatope, CEO of NILEgroup, the possibilities for a major turnaround for the industry.

    Babatope alluded to 2004, when there was only one cinema in Nigeria; now, we have about 90 cinemas and 325 screens across Nigeria and Ghana. While this is modest growth, it’s still far from matching our population or output as a content-creating industry,” he explained.

    Despite challenges such as foreign exchange pressures and rising costs, Babatope remains optimistic. “We hope to see attendance growth of 10-15% by year’s end. The resilience of cinemas in times of economic uncertainty is a clear indicator that there’s something fundamental about the Nigerian audience’s connection to the big screen.

    Deborah Dan-Awoh is a seasoned lifestyle analyst with a knack for storytelling. The focus of her work covers people, money and culture as it relates with business and economy. When she’s not keeping tabs on the latest trends in lifestyle and finance- Deborah enjoys networking with industry experts to gain insight into major markets as it affects the populace

    blockbuster December Nigerian Box OfficeNigerian cinema industry

  • Lagos State warns against illegal dredging in coastal areas

    Lagos State warns against illegal dredging in coastal areas

    The Lagos State Commissioner for the Ministry of Waterfront Infrastructure Development, Hon. Ekundayo Alebiosu, has raised concerns over the uncontrolled dredging activities in Lagos’ coastal areas.

    Dredging is the process of extracting resources like sand and gravel for construction from the bottom of water bodies such as rivers, lakes, lagoons, or seas

    The Commissioner issued this warning during a recent stakeholder forum held at the Ministry in Alausa, where he emphasized the environmental and infrastructural risks of unsanctioned dredging practices.

    Hon. Alebiosu cautioned that improper dredging could result in severe ecological and infrastructural damage. Highlighting the depletion of sand reserves in the Lagoon

    “There are far greater consequences to indiscriminate dredging than what appears on the surface. We risk saltwater intrusion into the lagoon, which is detrimental to the aquatic ecosystem, particularly fish species.

    “Additionally, unauthorized reclamation activities could compromise the State’s Master plan. All reclamation projects must first be approved by the Ministry of Physical Planning and Urban Development to ensure compliance with regulatory standards.”

    He explained that the disruption of aquatic life and the ecological balance could have long-term repercussions for the state’s coastline, infrastructure, and urban planning efforts.

    Sensitisation and regulatory measures

    • The Commissioner emphasized the urgent need for public education on the dangers of unapproved dredging and announced plans for intensified enforcement in 2025 to safeguard the Lagoon’s natural resources and aquatic life.
    • He noted that the Ministry would collaborate with relevant agencies to enforce stricter penalties and ensure that all reclamation and dredging projects align with the State’s urban development goals.
    • Drawing parallels with international scenarios, Hon. Alebiosu pointed to the challenges faced by the United Arab Emirates (UAE), which now imports sand from Australia due to the depletion of its natural reserves. He warned that Lagos could encounter similar issues if dredging activities remain unchecked.

    “We must impose stiffer penalties on perpetrators of illegal dredging. Many of them lack understanding of the long-term consequences of their actions. With stricter enforcement measures, we can deter such practices and encourage compliance,” he added.

    Waterfront infrastructure development

    In a bid to elevate Lagos’ waterfront infrastructure to global standards, Hon. Alebiosu unveiled plans to modernize the state’s jetties and develop new tourist attractions.

    “Significant steps are being taken to modernize our jetties. The aim is to give them a more contemporary and visually appealing design that will boost tourism and complement Lagos’ status as a metropolitan city,” Alebiosu stated.

    He revealed that Lagos is working on its first-ever Lagoon-Front Beach, a project designed to attract global tourists and compete with destinations such as The Gambia. He also assured that the revamped jetties would feature contemporary designs to enhance their aesthetic appeal and functionality.