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FG Needs N6.26trn To Fix 711 Roads In 2021, Minister Reveals

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The Minister of Works, Babatunde Fashola, yesterday, said that to complete 711 highway projects in 2021, his ministry would require over N6.26trillion.
The minister said the 2021 budget provision of less than N300billion for the projects, was a drop in the ocean.
The minister raised his concerns, during a 2021 budget defence session before the Rep. Abubakar Bichi-led Committee on Works.
He observed that since the ministry cannot accomplish all its objectives due to paucity of funds, but recommended that rather than expanding the projects being financed through Sukuk, efforts should be channelled towards the completion of the entire green network covering the four major ports, Lagos, Warri, Port Harcourt and Calabar.
According to him, out of the total sum of N227.964billion capital allocation appropriated in the 2020 Appropriation Act, the sum of N152.150billion has so far been released to the Works and Housing sector (representing 66.74%), leaving a balance of N75.814billion; adding that the sum of N162.559billion projects was financed through Sukuk Bond.
“The sum of N77.955billion was released to the highway (Works sector) from the budget aside from the sum of N162.559billion for the Sukuk issuance.
“The Sukuk is to be drawn down for works certified only in respect of 44 roads and bridges and the ministry is still awaiting the payment of the first tranche of N54.8billion is for work done as at 16/10/2020.
“The ministry is currently administering 711 number of contracts nationwide and as of October 1, 2020, the ministry has a cumulative unpaid certificate in the sum of N392.020billion on ongoing highway construction projects,” he noted.
For 2021 budget proposal, Fashola said that the sum of N435.319billion was proposed for capital, personnel and overhead cost of the Ministry of Works and Housing and six parastatals, adding that the N15.886billion overhead is insufficient due to various socio-economic factors such as cost of fuel, inflation rate, among others.
While responding to questions on the Presidential Infrastructure Development Fund (PIDF), he explained that the three national priority highway projects are being financed from the sovereign wealth fund, namely: rehabilitation, reconstruction and expansion of Lagos-Shagamu-Ibadan dual carriageway; construction of 2nd Niger Bridge and rehabilitation if Abuja-Kaduna-Kano dual carriageway.
According to him, “the 44 roads and bridges are being financed through the N162.557billion sovereign Sukuk bond, mainly dual carriageways on major arterial routes A1-A9 on the federal road network, including A1 Lagos-Ibadan-Ilorin-Jebba-Jega-Tambuwal-Sokoto-Niger Republic Border; A2 Warri-Benin-Lokoja-Kaduna-Kano-Kongolam; A3 Port Harcourt-Aba-Enugu-Makurdi-Lafia-Jos-Bauchi-Potiskum-Maiduguri-Gambrou; A4 Calabar-Ugep-Ikom-Ogoja-Katsina-Ala-Jalingo-Yola-Gombi-BamaMaiduguri; A5 Abeokuta-Ibadan; A6 Onitsha-Owerri; A7 Kaiama-Kishi; A8 Mayo Belwa-Jamtari Jada-Ganye; and A9 Kano-Katsina-Jibia-Niger Republic Border and other major routes like Kano-Maiduguri, Onitsha-Enugu, Sapele-Ewu, Lagos-Badagry, Odukpani-Itu Bridge Head, etc”.
He also disclosed that “the ministry is engaging in a number of highway projects funded with multilateral loans for which the Federal Government contributes counterpart funding”.
He called for the amendment of the Public Procurement Act to accommodate small and medium construction companies, adding that the extant law does not provide for the award of contracts with low financial capacity.
Some of the lawmakers who spoke during the exercise, including Rep. Ben Igbakpa queried the slow pace of work done by Julius Berger, despite the release of N70billion for Abuja-Zaria, N62.8billion for Lagos-Shagamu-Ibadan; N100.6billion for the Second Niger Bridge while RCC has so far received N92billion for Lagos-Shagamu contract.

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RSIPA DG Unveils New Rivers Investment Pathway At BRACED Commission

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The Director-General of the Rivers State Investment Promotion Agency (RSIPA), Dr. Chamberlain Peterside, has used the platform of the revived BRACED Commission to unveil investment opportunities and plans in Rivers State.

 

The BRACED Commission just bounced back and has already held a roundtable in Port Harcourt preparatory to an economic summit in the near future.

The roundtable featured the investment promotion agencies of the cooperating states: Bayelsa, Rivers, Akwa Ibom, Cross River, Edo, and Delta states.

Dr Peterside not only chaired the roundtable but made presentations for Rivers State economic landscape.

He hailed the rebound of the BRACED Commission which did well at the onset. “The governors of the region were one and united for one cause. Then, politics came and everything scattered. The agenda is simple, to integrate the economy of the region into one strong bloc.”

He admitted that Rivers State’s investment promotion agency is very young, plus six months in the limbo of state of emergency. “This thus is a very unique opportunity to get resurgent momentum.”

He listed the achievements of RSIPA in the short period since its establishment, saying it has received numerous investment proposals.

“We’ve engaged actively with the private sector, both those currently operating in the state and those intending to invest. We do realize the fact that investment begins from domestic investors. and you have to guide them.

“Through outreach programmes and establishment of a One-Stop-Center (OSC), we have created a streamlined system for addressing investor needs, supporting their business operations. For the first time in Rivers State, prospective investors and small and medium enterprises now have a centralized hub that can address their challenges and find solutions that enable them to thrive.”

He outlined the plans ahead thus: “One of our cardinal focuses at RSIPA is to enhance the operating climate and improve the ease of doing business.

“We are committed to creating a vibrant and business-friendly environment that attracts and retains investment. We are also working closely with other ministries, departments, and agencies to harmonize our activities.

“Collaboration for us is key; we see Rivers State as a single ecosystem where all stakeholders work together to support investment inflow and build a favorable environment for businesses to flourish.”

For the region, he lamented the situation whereby “the carpet is shifting under our feet. The IOCs (international oil corporations) have moved offshore. The issue before us now is how should the region act now. We should target big ticket investment proposals. This is because some proposals will involve other states. There is thus need to collaborate.”

He gave examples of projects that cannot be for one state. “Railway system is not for one state. At the moment, there is no railway line that links Benin to Port Harcourt to Calabar. BRACED can push this agenda.

“There is an oil route from Opobo to Akwa Ibom where Sterling Oil is operating. It’s a route of interest. Governor Sim Fubara wants us to synergise with other states economically. The best time is now because all the governors are now in one political party.”

He called on all the agencies in the BRACED states to sell the idea to their governors.

“Let the governors know that BRACED task is not a competition but as a collaboration. We have the Niger Delta Development Commission (NDDC), the South-South Chambers of Commerce, Industry, Mines and Agriculture (SSCCIMA), the Niger Delta Chambers of Commerce, Industry, Trade, Mines, and Agriculture (NDCCITMA), etc. This is the ripest time to strike the iron.”

The Director General of the Bayelsa Investment Promotion Agency (BIPA), Mrs. Patience Ranami Abah, also shook the floor when she presented what she termed ‘Closing the Value Capture Gap’.

She showed how the states will win bigger by playing together to present an economic front.

David Franklin, a deputy director, who represented the Permanent Secretary, Federal Ministry of Industry, Trade, and Investment, Abuja, said investment in people is the beginning of prosperity.

“The South-South is the hub of power of Nigeria due to the hydrocarbon industry, blue economy, agriculture, tourism, etc.”

The Director General, BRACED Commission, Amb.Joe Keshi, in his welcome remarks, said the roundtable was themed around synchrosnising investment frontiers in a strategic framework for south-south economic integration.

The roundtable ended with a communique that recommended setting up a monitoring committee, and other organs to drive integration and investment.

Some of the key resolutions in the Communique issued at the end of the two-day symposium included the call for a BRACED Investment Promotion Charter with a harmonized Regional Investment Promotion Framework and a roadmap.

The Communique called for infrastructure alignment, uniform economic reforms, human capital development plan, and a technical oversight group.

The communique urged state governments, investors, and development partners to collaborate in transforming the BRACED states into a beacon of economic dynamism.

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Easter: DHQ Orders Troop Alert, Confirms US Support

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The Defence Headquarters has placed troops on nationwide alert ahead of the Easter celebrations, assuring Nigerians of tightened security.

The DHQ also reaffirmed that ongoing support from the United States is strengthening counter-terrorism operations, with a visible impact expected in the coming weeks.

Addressing journalists during the end-of-the-month briefing on Tuesday in Abuja, the Director, Defence Media Operations, Maj Gen Michael Onoja, assured citizens of heightened vigilance by troops during the Easter celebrations.

Onoja said the Armed Forces had already placed personnel on alert nationwide to prevent any security breach during the holiday period.

He added that similar measures were implemented during previous festive seasons, including Christmas and Eid-el-Fitr, and would be sustained.

“We know that festive seasons usually have heightened security activities. The military command gives instructions to ensure all personnel are on alert. This time will not be different,” he said.

He emphasised that security agencies would not relax despite the celebrations, noting that adversaries often attempted to exploit such periods.

“I can assure you that we will always be on alert, particularly at this period of festivities, because we know that the threats expect us to relax.

“But we are not going to relax. Everything will be okay for this Easter,” he added.

Speaking on the ongoing collaboration with the US forces, Onoja said the impact of the collaboration may not be immediately visible due to the nature of military engagements, but expressed confidence that the benefits would become evident in the coming weeks and months.

He said the U.S. support to Nigeria’s operations had been significant, particularly in the areas of intelligence sharing and training, noting that the assistance was being provided on favourable terms to strengthen ongoing counter-threat operations.

According to him, “You are aware that they are bringing intelligence and training support to us, which we need. They are giving that to us on very favourable terms. There are lots of things I cannot say because of confidentiality.”

He added that the intelligence being provided included information on the location of threats and hostile elements, stressing that Nigerian troops would act accordingly.

“All we can say is that these things take time. There is a gestation period when we are conducting military operations.

“You will not see it immediately, but in the next few months or weeks, you will feel the difference in the impact of the assistance that the U.S. is providing,” Onoja stated.

On February 16, 2026, DHQ confirmed the arrival of approximately 100 US military personnel and equipment at Bauchi Airfield.

According to the military high command, the personnel, who are not combat troops, were in Nigeria strictly for technical assistance, training, and advisory roles in counter-terrorism efforts.

However, insecurity has continued to surge in several parts of the country since their deployment, raising concerns about the effectiveness of the collaboration.

 

 

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RSG Pledges Support For Youth Initiative …As Youth Dev Advocate Seeks Policies On Transformational Leadership

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The Rivers State Ministry of Youth Development has restated the State Government’s commitment towards supporting initiative that will empower youth socially and economically in the State.

Permanent Secretary, Rivers State Ministry of Youth Development, Mrs Ruhoma Kejeh, stated this during the launching of a book titled: ‘A-Z Nuggets of Goal Setting: Discover Winning Ways To Set And Achieve Goals Like a Pro’, in Port Harcourt.

Kejeh said the State Government was committed towards supporting initiative that will empower youth socially and economically in the state.

The Permanent Secretary, represented by the Head of Department, Youth Education and Counseling, Rivers State Ministry of Youth Development, Mrs. Veronica Oborolor,  described the book as a practical guide that will serve as a source of inspiration for youths.

According to her, the book is not only timely and commendable, but comes at a time when many youths face uncertainty in life.

In his remarks, the author of the book and a youth development advocate in Rivers State, Mr. Ibeleogute Emmanuel Ibodeng, called for policies that will promote transformational leadership in the country.

He said transformational leadership comes when the right policies are in place, and described the book as his contribution to human capacity development in Nigeria. 

“This is my book launch. This will serve as my own contribution to human capacity building in this country,” he said.

Ibodeng added that the book will serve as a coaching template and model for emerging leaders, readers and passionate nation builders to coach themselves into excellence and patriotic citizens.

According to him, reading the book and imbibing its message has the capacity to make one a nation builder as it is tailored towards mind transformation and community development.

“My major target is to see that the leaders who come after this set will have their minds tuned after transformational leadership, and not just the kind of leadership we are used to today,” he said.

Also speaking, the guest speaker, Mrs. Uche Etiaba, said rather than relying on false hope and partisan politics, Nigerian youths should set clear goals and work out ways of achieving them.

Etiaba also described the book as a masterpiece, adding that vision without structure is like a mere dream.

She, however, blamed systemic failure as Nigeria’s major problem, arguing that the nation is experiencing high youth unemployment because the nation’s education system does not align with the job market.

According to her, there must be an alignment across all levels of our national life.

The event attracted people across all works of life.

 

John Bibor

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