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Nigerian Passport Ranks 98th Most Powerful Globally

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  • Nigerian Passport Ranks 98th Most Powerful Globally

The Nigerian passport has been ranked 98th most powerful passport out of 109 nations, according to Henley Passport Index.

Henley Passport Index showed Nigerian passport holders can travel to 45 different countries without a visa or on a visa-on-arrival basis.

Henley Passport Index ranks passport based on the numbers of countries that passport holder can enter visa-free or on a visa-on-arrival basis.

In Africa, Seychelles has the most powerful passport, presently ranked 27th globally and can access 150 countries without a visa or visa on arrival.

Followed by South Africa, ranked 54 worldwide and can access 99 countries. Botswana ranked 64, Namibia 68, Lesotho 71, Malawi 73, Kenya 74, and Zambia 75 with access to 82 nations, 76, 73, 71, 70, and 69 nations, respectively.

Both Gambia and Tanzania shared 76th position with access to 68 nations each.

Similarly, Cape Verde and Uganda shared 79th position and each can access 65 countries without a visa. Ghana and Zimbabwe are ranked 80th with access to 64 nations without an entry visa.

Japan and Singapore topped the chart with 189 access globally. While South Korea, Germany, and Finland shared the second position with 187 access.

The United Kingdom dropped down the ranking to share sixth place with the US. The country’s lowest since 2014.

Henley Passport Index attributed the UK decline to Brexit uncertainty and warned it could get even worse for the nation.

“The Brexit process has not yet had a direct impact on the UK’s ranking, but new research using exclusive historical data from the Henley Passport Index indicates that this could change, with consequences that extend beyond a decline in passport power.”

Here is the list of 10 most powerful passports

1. Japan, Singapore

2. Germany, South Korea

3. Denmark, Italy, Luxembourg

4. France, Sweden, Spain

5. Austria, Netherlands, Portugal, Switzerland

6. Belgium, Canada, Greece, Ireland, Norway, United Kingdom, United States

7. Malta – (currently selling Citizenship at 1 million Euro)

8. Czech Republic

9. Australia, Iceland, New Zealand, Lithuania

10. Latvia, Slovakia, Slovenia.

“This latest research appears to confirm something that many of us already knew intuitively: that increased visa-openness benefits the entire global community and not just the strongest countries,” said Dr Christian H Kaelin, chairman of Henley & Partners and the creator of the passport index concept.

Afghanistan ranked at the bottom of the chart, 109th most powerful passport with just 25 access.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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Kellyrae Wins Big Brother Naija Season 9, Wanni comes 1st Runner-up

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Kingsley Sule, nicknamed Kellyrae has won the Big Brother Naija competition titled No Loose Guard.

After the 70-day competition involving 28 housemates, the show’s host, Ebuka Obi-Uchendu announced the Delta State indigene, Kellyrae as the winner of the show on the 71st day, Sunday, October 6, 2024.

Kelly’s successful sojourn won him a N60 million cash prize, an SUV, and other rewards, all amounting to 100m.

Including Kellyrae, seven other housemates Wanni, Victoria, Onyeka, Ozee, Sooj, Nelly, and Anita made it to the grand finale.

Furthermore, Wanni, one of the Mbadwe twin housemates was declared 1st runner-up, and Onyeka was the 2nd runner-up.

The grand finale was a star-studded affair, featuring performances from popular artists like Joeboy, and Qing Madi to add glamour and entertain the housemates as the show ended.

Season 9 titled No Loose Guard ended after so much competition among the housemates and fans disagreeing on who to win. The season was filled with unexpected twists, emotional moments, and unforgettable memories among the housemates.

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EFCC Warns Oil Firms Against Ignoring NEITI Audit, Vows Full Investigation

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The Economic and Financial Crimes Commission (EFCC) has issued a warning to oil and gas companies to desist from ignoring this year’s Nigerian Extractive Industries Transparency Initiative (NEITI) Industry Audit process.

This warning was issued by the EFCC chairman, Olanipekun Olukoyede, in a statement shared by the NEITI Communications & Stakeholders’ Management Assistant Director, Chris Ochonu.

While presenting the 2022-2023 NEITI oil and gas financial audit reports in Abuja, the EFCC boss emphasized that the agency will launch a full-scale investigation after the audit process.

Olukoyede noted that oil firms who ignore the NEITI audit would be making a costly mistake as necessary disciplinary action would be taken against them.

According to the EFCC, the 2022-2023 audit report on the Oil and Gas sector is with the Commission.

Furthermore, Olukoyede announced that the commission remitted ₦1 billion naira to the beneficiary agency of the government following the findings of the NEITI Report.

After the assessment of the 2022-2023 oil and gas report, Olukoyede commended NEITI for its credible data and reaffirmed the agency’s support for the initiative.

Speaking on behalf of the NEITI National Stakeholders Working Group (NSWG), Dr Erisa Danladi, called for the participation of civil society and the media.

Danladi urged them to use the information and data in the 2022 and 2023 audit reports as tools for engagements and investigation.

On his part, the Executive Secretary of NEITI, Dr. Orji Ogbonnaya conveyed NEITI’s thanks to the Federal Government for its continued support, particularly through the non-interference policy of President Bola Tinubu.

He announced the launch of a Data Center by the NEITI which will allow easy access to information and data on the nation’s extractive sector by stakeholders, especially civil society, the media, extractive industry companies, government agencies, and the legislature.

He revealed that the data would be stored in aggregated and disaggregated formats on the Data Centre which he described as a warehouse for all extractive industry data.

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NYSC Gives Fresh Update on ₦77,000 Monthly Allowance for Corps Members

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The Director General of the National Youth Service Corps (NYSC), Brigadier General Yushau Ahmed, has shared an update on the recent increase in corps members’ monthly allowance.

Investors King reported that the Di rector General of the NYSC through the Acting Director of Information and Public Relations of the NYSC, Caroline Embu, on September 25, announced the government’s decision to increase the corps members’ allowance.

The NYSC revealed that the monthly allowance of corps members was increased to ₦77,000 after the recent increase in the national minimum wage.

According to the NYSC, the new wage, which represents a 133.33 percent increase from the ₦33,000 previous monthly allowance is expected to take effect from July 2024.

This report left corps members with high hopes and excitement.

However, their excitement was short-lived as their September allowance failed to reflect the new amount.

In an interview monitored by this platform, Brigadier General Ahmed explained why the corps members are yet to receive the new allowance.

He said, “Not only the corps members, even our staff members’ salary has been increased about four to five months ago, but it has not been implemented yet. But we are hopeful that the new pay will be implemented soon, but the funds have not been released to us yet.

“The information we have did not specify when the new allowance will be paid, but we were assured that their monthly allowance has been increased from 29th July 2024.”

Ahmed assured corps members that the NYSC is actively engaging with the relevant authorities to ensure the speedy implementation of the new allowance.

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