GISTSMATE MEDIA reports that the Vice President Kashim Shettima has asserted that Nigeria has no business being poor.
Shettima spoke while delivering a keynote address at the Agric, Development and Investment Summit in Abuja on Wednesday.
He recalled how Indonesia’s revenue from oil palm outweighed Nigeria’s income from crude oil in 2025.
The vice president said, “Indonesia is an oil producing but in 2025 it earned 25 billion dollars from 53 tons of crude palm oil while exporting only 32 million tons, its revenue exceeded more than Nigeria’s oil revenue with just 50 percent of what Indonesia earned from oil palm export.
“The Niger Delta is the third largest Delta in the world, and what do people in Mariculture do? Fish farming like Salmond, Tuner, lobsters, and the Delta is endowed with those resources.
“In this great nation of ours, we have no business being poor, we have the potential to be one of the richest countries in the world.
‘There are certain parts of this country where money can grow, you can plant money and harvest tremendous money resources.”
In another development, GISTSMATE MEDIA reports that Minister of Interior, Dr Olubunmi Tunji-Ojo, has disclosed that 93 percent of inmates in Nigerian custodial facilities are state offenders, with only 7 percent held for federal offences, adding that a significant proportion of these inmates do not require incarceration in the first place.
Tunji-Ojo, who spoke on Wednesday in Abuja at the Regional Conference on the Classification of Prisoners and the Use of Technology in Prisons in Africa, jointly organised by the United Nations Office on Drugs and Crime UNODC and the African Correctional Services Association ACSA, said the Federal Government had moved decisively to decongest correctional facilities by targeting inmates jailed for minor offences.
“93% of our inmates in Nigeria are state offenders. Only 7% are federal offenders. And of this 93%, I want to tell you before this president came on board, a lot of them were for minor offences that had no need for incarceration,” the minister said.
He recounted how he ordered an audit of inmates held over minor fines and compensation judgments soon after assuming office. READ MORE
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