The Minister of Interior, Olubunmi Tunji-Ojo, announced that the Federal Government generated approximately N2.4 billion in revenue from marriage contracts processed through its registry in 2024. This represents a significant increase from 2023, where the ministry surpassed its projected revenue, collecting over N892 million by October 31st, 2023. The minister hailed marriage registries as a substantial and growing source of government income.
Significant Revenue from Expatriate Quotas
The Ministry also generated substantial revenue from expatriate quota applications. Over N3.2 billion was generated in 2024, marking a 150% increase in overall revenue from this source. In 2023, the Ministry exceeded its target, generating over N1 billion compared to a projected N600 million, surpassing the target by N400 million. The issuance of expatriate quotas is a key contributor to the Ministry’s overall financial performance.
Border Security Initiatives
Beyond financial matters, Minister Tunji-Ojo stated that the Federal Government plans to strengthen border security to control the influx of irregular migrants. He made these announcements during a media parley with heads of agencies under the Ministry of Interior in Abuja.
Conclusion
The significant revenue generation from marriage registries and expatriate quotas highlights the Ministry of Interior’s contribution to the national economy. Coupled with the commitment to enhanced border security, these developments suggest a multifaceted approach to national security and financial stability. The continued growth in these revenue streams will be crucial for funding future initiatives and strengthening the ministry’s capabilities.
