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FG, Ogun To Fund Lagos-Ota-Abeokuta Road Construction

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After several decades of suffering, respite is on the way for commuters plying the Lagos-Ota-Abeokuta Expressway, as the Federal Government on Thursday proposed to jointly rehabilitate the road with the Ogun State Government.
Minister of Works, Engr. Dave Umahi, made the proposal during a courtesy visit to Governor Dapo Abiodun in his office at Oke-Mosan, Abeokuta.
The minister was on a tour of federal roads in the Gateway State, along with officials of the ministry.
Responding to Governor Abiodun’s complaints over the frustration experienced by Ogun and Lagos States during President Muhammadu Buhari’s administration, Umahi disclosed that the period of bureaucracy in road construction in the country was over.
Umahi noted that if the Federal Government is looking for corporate organisations to get involved in road construction and management, state governments should not be denied the same opportunity.
He said: “Let me say something about the frustration you had while you and the Lagos State Government wrote to take over the reconstruction of the Lagos-Ota-Abeokuta Road.
“Let me announce to you that it falls under our new program, HDMI, which is the High Way Development Management Initiative. It is a public-private partnership programme.
“People should begin to look at a state as a corporate entity. If you are looking for investors to come and invest on our roads; to construct, to own, to maintain and toll, why shouldn’t a state do that?
“So, on this Lagos-Ota-Abeokuta Road, I want us to work together, we’ve done 30% of the work. You can own 60per cent, we own 40per cent and you can do your portion of the 60per cent. You can give it to a contractor of your choice.
“I don’t believe in bureaucracy; we cannot reset the economy with the type of bureaucracy we have.
“If I get your request on this by WhatsApp, I will respond to you immediately. We will handle it under our HDMI”.
The Minister spoke on some other federal roads in the state, saying some of them are under reconstruction.
According to him, the Ikorodu-Sagamu remains about eight kilometres to be completed, with the deadline for its completion set for November 2023.
Other roads are the Abeokuta-Ajebo Road at 21per cent completed, the overlay of the Ore-Sagamu portion of the Sagamu-Ore-Benin carriageway and the Papalanto to the Benin Republic border, being done by Dangote through the Tax Credit Scheme.
The Minister, who also noted that the Federal Government under the leadership of President Bola Tinubu is open to any state willing to have a Public Private Partnership programme (PPP) with them, said the Federal Government is also planning to bring new security initiatives on the highways.
Umahi expressed appreciation to Ogun State for its commitment to repairing roads in its domain, whether State or Federal.
“In Ogun State, nobody is saying this is federal roads, this is state roads. When people are suffering, they don’t understand which one is which. Fix the roads and we can talk about who owns it. Anyone that is shouting and complaining is playing politics”, he said.
Addressing the entourage, Governor Abiodun recalled what he and his colleague in Lagos State, Babajide Sanwo-Olu, went through getting the Federal Government’s permission to take over the reconstruction of the Lagos-Ota-Abeokuta Expressway.
He expressed regret that despite the Federal Government meeting some of the requirements, the two states were frustrated, leading to further deterioration of the road.
He said: “I would like to highlight the Lagos-Ota-Abeokuta Road; Ota is a city that has earned us the prestigious title of being the industrial capital of Nigeria. It is a city where we share boundaries with Lagos State and you can hardly tell the difference between Ota and Lagos State.
“That road, I think the contract must have been awarded maybe in 2012 or 2010 under the administration of President Obasanjo. Since then, the contract has been subjected to so many reviews.
“When I assumed office, Governor Sanwo-Olu and I went to see President Buhari and we wrote one letter on a joint letterhead requesting for that road to be transferred to us.
“We brought a letter from our bankers. At that point in time, it was probably about N70billion, saying that this is N70billion that we want to put into the reconstruction of the road.
“Then, there was no Minister. We were told that because the road is under contract, what they would like to do is to partner the states and we said okay, let us sit down, and discuss on the basis of the partnership.
“That road is about 77 kilometres, let us discuss the basis of that partnership, Your Excellency, we made no progress”.
The Governor commended the Federal Government for bringing a new lease of life into the way and manner that approvals are given for road construction.
Abiodun expressed the hope that the Federal Government would help to fast-track the reconstruction of the Sagamu end of the Sagamu-Ore Road.

By: Nkpemenyie Mcdominic, Lagos

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PENGASSAN Tasks Multinationals On Workers’ Salary Increase 

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The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has asked companies in the oil and gas sector to undertake urgent review of salaries of their workers in view of the prevailing harsh economic conditions in the country.
Also, the pensioners of Chevron Nigeria, under the aegis PenCoN, have lauded the President of PENGASSAN, Comrade Festus Osifo and his executive on their unrelenting efforts toward addressing pension abnormalities faced by retired workers in the oil and gas industry.
The association also appealed to the federal government to take necessary measures to check banditry and terrorist activities in parts of the country.
PENGASSAN President, Osifo who addressed journalists shortly after the National Executive Council meeting of the association in Abuja, at the weekend, said that though a lot of success has been recorded in negotiating salary reviews for its members, there are still organisations that have failed to lift their workers from the present harsh economic situation.
He said within this period, PENGASSAN has signed numerous Collective Bargaining Agreements (CBAs) which has brought smiles to the faces of its teeming members.
“This is because we recognise that our job, literally, is how to protect the job of our members, and how to enhance their pay,” he said.
Osifo said that operators in the oil and gas sectors always go for the best qualified professionals to carry out their operations.
“So, the same way they recruit the best, we also challenge them to provide the best condition of service and provide the best remuneration.
“Yes, today, a lot of companies will have achieved successes, but there are still few that we are still discussing at their CBAs, that we are not yet there.
“We still use this opportunity to call on these companies that are still foot dragging, that are still holding back, even with the massive devaluation that has occurred in our country, that still don’t want to fix the remuneration of our members.
“We are calling on them to do the needful, because for us in PENGASSAN we will push without holding back. We will push, using everything in our arsenal, to ensure that the needful is done,” he said.
Osifo spoke of the dispute with the Dangote Refinery group, saying there are still pending issues to be resolved.
“Gentlemen of the press, during the networking session, we also looked at the issues that are plaguing some of our branches, and you know that recently, we had some challenges in Dangote Refinery and PetroChemicals Ltd.
“And within this period, since our last National Industrial Action, we have been engaging them in a lot of conversations, but the issues are not fully resolved. There are still a lot of pending issues.
“Yes, the NEC decided that, yes, let us still consummate that process by pushing those issues, by engaging in dialogue to resolve the issues, and by also engaging all our social partners and stakeholders to get the issues resolved,” he said.
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SEC Unveils Digital Regulatory Hub To Boost Oversight Across Financial Markets

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The Securities and Exchange Commission (SEC) has launched the Regulatory Hub, a new centralized digital platform designed to streamline collaboration, strengthen oversight, and improve transparency across Nigeria’s financial and capital market ecosystem.
The Commission disclosed this in a statement posted on its website.
According to the commission, the platform connects key regulatory and security institutions including the Office of the National Security Adviser (NSA), the Central Bank of Nigeria (CBN), Economic and Financial Crimes Commission (EFCC), Federal Inland Revenue Service (FIRS), and Corporate Affairs Commission (CAC), enabling them to exchange information securely and in real time.
The launch of this regulatory hub comes ahead of the implementation of new tax laws in January 2026, with agencies such as the FIRS spreading its tentacles across sector to monitor compliance.
According to the SEC Director-General, Emomotimi Agama, the launch marks a significant step toward modernizing Nigeria’s regulatory framework through technology.
“The Regulatory Hub is a major step in our commitment to leverage technology for stronger regulatory synergy. By connecting regulators on one platform, we are building resilience, enhancing market integrity, and promoting investor confidence,” he said.
The SEC said the platform would help reduce bottlenecks in regulatory processes and facilitate faster, more informed decision-making across agencies.
Reinforcing the DG’s comments, the Executive Commissioner, Operations, Bola Ajomale, highlighted the operational benefits of the new system.
“The platform will significantly improve the timeliness and quality of regulatory decision-making. It provides a single window for regulators to share data, respond to requests, and collaborate seamlessly in safeguarding our financial and capital markets,” he said.
The commission believes the Regulatory Hub would support its broader mandate to strengthen investor protection, enhance market stability, and harmonize regulatory activities across the financial sector.
It urged stakeholders to initiate interest by emailing the Commission, adding that once registered, participants would be able to access the Hub and take advantage of its features.
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NAFDAC Decries Circulation Of Prohibited Food Items In markets …….Orders Vendors’ Immediate Cessation Of Dealings With Products 

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The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing circulation of banned food products across markets in the country.
The agency, in a Press Release dated 6 December 2025, warned that these items including pasta, noodles, sugar and tomato paste are expressly listed on the Federal Government’s Customs Prohibition List and are illegal to import.
NAFDAC stated that the sale and distribution of such prohibited items violate national trade laws, compromise the integrity of Nigeria’s food control system, and pose significant public health risks, as they have not undergone the agency’s mandatory safety and quality evaluations.

Importers, market traders, and supermarket operators have therefore, been directed to immediately cease all dealings in these items and to notify their supply chain partners to halt transactions involving prohibited products.

The agency emphasized that failure to comply will attract strict enforcement measures, including seizure and destruction of goods, suspension or revocation of operational licences, and prosecution under relevant laws.

The statement said “The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing incidence of smuggling, sale, and distribution of regulated food products such as pasta, noodles, sugar, and tomato paste currently found in markets across the country.

“These products are expressly listed on the Federal Government’s Customs Prohibition List and are not permitted for importation”.

NAFDAC also called on other government bodies, including the Nigeria Customs Service, Nigeria Immigration Service(NIS) Standards Organisation of Nigeria (SON), Nigerian Ports Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA), Nigeria Shippers Council, and the Nigeria Agricultural Quarantine Service (NAQS), to collaborate in enforcing the ban on these unsafe products.

By: Lady Godknows Ogbulu
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