Business
A’ Ibom Constructs 402 Roads In 3 Years
Gov. Godswill Akpabio of Akwa Ibom says his administration has constructed 402 new roads in the state within the last three years.
Speaking in Abuja on Thursday at the maiden edition of the Nigerian Union of Journalist (NUJ) Peoples’ Forum, Akpabio said that 188 federal roads were also reconstructed within the period.
According to reports, the NUJ initiated the forum to bring public office holders to give account of their stewardshipp to the people.
Akpabio added that 862 villages and communities were also connected to electricity within the period while a robust plan had been made to connect others.
He told the panelist that his administration was in a hurry to develop the state, which he said, was referred to as a pedestrian state for more than 50 years.
“Our dream is to make the state a destination to heaven where Nigerians would want to come for holiday as an alternative to travelling abroad.
“We are building a state not for people to praise us, but to prove that with the right political will, government can work in this country.
“We want to show the people that the dividends of democracy can indeed be delivered to them if the government so desires.
“I am a promises keeper, all the things I promised my people, I have done and even more,” Akpabio said.
He noted that a government could either move a state forward or backward, adding that his administration collected a monthly allocation of between N7 billion and N10 billion from the federal account.
The governor said that his administration was the only one in the country with 82 per cent capital budget and 18 per cent recurrent expenditure.
Akpabio said that though his administration inherited a state without necessary infrastructure, he would not blame his predecessors for it because they might have their own priorities.
“I will not blame the past governments of the state for the neglect of some developmental issues in the state because every government has its own priority,” the governor said.
He said that his administration since its inception had made deliberate efforts to revamp the health and education sectors, adding that while new health facilities were built, existing ones were upgraded and equipped.
Akpabio said that free medical treatment had been put in place for women, children and the aged in the state.
On education, the governor said that several schools that were dilapidated had been renovated while new ones were also being built and equipped with science laboratories.
Akpabio added that his administration had also put in place a deliberate policy to train indigenous students on professional courses abroad.
“As I speak to you, 245 indigenous students are currently studying aviation technology abroad under the state government’s scholarship arrangement to enhance effective management of Ibom Airport.
“We have also introduced free and compulsory education from primary to secondary school levels. This has changed the story of the state known before for giving children out as domestic servants.
“Our children now go to school and we are building them to take up future challenges,” the governor said.
Akpabio said that his administration had also established a state university to absorb students that would be turned out from the various secondary schools, adding that some indigenes were being trained abroad as its academic staff.
Speaking on the negative media perception of his administration, Akpabio said that it was the handiwork of his opposition.
The governor said: “I want to be judged by what I have on ground and I will not be distracted by what my opposition is saying.”
Business
NIMASA Unveil Blue Economy Programme
The Nigerian Maritime Administration and Safety Agency (NIMASA) has unveiled the body’s Blue Economy Accelerator Programme, NIMASA-BEAP, and the National Innovation Hackathon, a strategic initiative designed to attract young innovators into Nigeria’s marine and blue economy industry, stimulate innovation and entrepreneurship, as well as attract private-sector investment into the sector.
The accelerator programme and innovation hackathon are expected to provide a structured platform for young Nigerians and innovative enterprises to develop solutions to some of the challenges and opportunities across Nigeria’s maritime and blue economy value chain.
In his welcome remarks, the Director-General of NIMASA, Dr. Dayo Mobereola, described the initiative as a national development imperative aimed at positioning Nigeria to derive greater economic value from its maritime resources.
According to him, the scale of Nigeria’s maritime economy presents a significant opportunity for economic diversification, job creation, innovation and increased participation of Nigerians in maritime value chain.
“Nigeria’s maritime economy is a multi-billion naira frontier we have left largely untapped. We capture less than three percent of the value moving through our own waters.
NIMASA-BEAP exists to correct that historic imbalance,” Dr. Mobereola stated.
He challenged young innovators and entrepreneurs to “Lead this frontier. Do not follow it” and see the maritime sector not merely as an industry, but as a frontier for innovation, investment and national economic transformation.
Delivering the keynote address, the minister of Marine and Blue Economy, Adegboyega Oyetola CON commended NIMASA for the bold initiative saying it represents a paradigm shift from only regulating to engendering the implementation of the blue economy for the benefit of Nigeria.
According to the Minister, “I want to commend, the Director-General and CEO of NIMASA, Dr. Dayo Mobereola, and NIMASA’s Executive Management Team, for the vision and institutional boldness this programme represents. This is not a routine government initiative. This is a paradigm shift from NIMASA as a regulator, to NIMASA as a catalyst. The NIMASA Blue Economy Accelerator sets a standard that I am proud, as Minister, to champion it before this audience”.
Represented by the Director, Marine Conservation and Innovation, Mr Shettima Hussein Shehu, the minister urged stakeholders including commercial banks, development finance partners and maritime stakeholders to key into the initiative by investing, mentoring and partnering with NIMASA to advance the blue economy sector.
Participants at the event took turns to commend NIMASA for the novel initiative of NIMASA-BEAP and pledged their commitment to partner with the Agency to ensure its full realisation.
Representatives of the Nigerian Chamber of Shipping, First Bank, Zenith Bank, Fidelity Bank, Wema Bank, Shipowners Association of Nigeria (SOAN), Tamrose Limited, Petromarine Limited and Starzs Investment Limited were among those who committed to partner with NIMASA to drive the NIMASA Blue Economy Accelerator Programme.
The programme, which has been designed with clear timelines, responsibilities and accountability mechanisms to ensure effective delivery will open to young innovators aged from 18 to 28 on October 5, 2026 when the NIMASA-BEAP application portal goes live. Applications will close on November 13 2026, while independent evaluation and due diligence will take place from 16 November to 2 December 2026.
Nkpemenyie Mcdominic, Lagos
Business
NPCC Demands Faster Trade Processes
Business
Navy Uncovers Stolen Crude Oil In Rivers
-
News2 days agoRivers NLC Blames Delay In Pension Payment On Political Crisis …Urges Retirees To Be Patient
-
Business2 days ago
NPCC Demands Faster Trade Processes
-
Business2 days ago
Navy Uncovers Stolen Crude Oil In Rivers
-
Rivers2 days ago
FG Halts Push For Oil Prospecting In Ogoni …To Review MOUs In Oil Mining Resumption
-
Politics3 days ago
Delta APC, NDC Clash: Group Demands Perpetrators’ Arrest, Prosecution
-
Sports3 days ago
Veteran Sportsman Calls For Civic Center Reconstruction
-
City Crime2 days ago
Renaissance Energy Pledges Stronger Partnership With RIVCHPP
-
Politics3 days agoGombe, Kano, Bauchi, Delta Bye-Elections Provide Lessons For 2027 – Amupitan
