The Federal Minister of Works, Senator Dave Umahi, recently shed light on the upcoming maintenance of the Eko Bridge in Lagos, revealing that this crucial task would necessitate the importation of equipment valued at 1.2 million Euros. This announcement comes as part of the government’s efforts to address the challenges facing the Eko Bridge and ensure the continued accessibility of Lagos Island. Umahi provided these insights during his working visit to various bridges in Lagos State, including the Eko Bridge, Third Mainland Bridge, Carter, Falomo, Iddo, Marina, and Iganmu bridges. The Eko Bridge is of paramount importance to the transportation…
Author: Temitope N.
The Federal Government has made significant strides in its efforts to introduce Compressed Natural Gas (CNG) buses, aiming to reduce the cost of CNG to N230 per kilogram. This development was announced by Toyin Subaru, the Special Assistant to the President on Special Duties and Domestic Affairs, during a stakeholder meeting held at the Bank of Industry headquarters in Abuja. The move is part of the government’s plan to deploy 11,500 CNG-powered buses across the country to address transportation challenges resulting from the removal of fuel subsidies. Subaru emphasized that the introduction of CNG-powered mass transit buses would not only…
The National Population Commission (NPC) has forged a strategic partnership with the United Nations Children Fund (UNICEF) to spearhead an ambitious project aimed at registering a substantial number of children in Katsina State, Nigeria. The primary objective is to ensure that approximately 12 million Nigerian children are provided with birth certificates, granting them legal recognition across the nation. This collaborative effort between the NPC and UNICEF carries significant implications for the government’s ability to access valuable data that can facilitate good governance and the effective implementation of policies conducive to economic development. Furthermore, the data generated through this initiative is…
The Federal government has officially unveiled plans for an extensive rehabilitation project set to commence on the 11.8-kilometer Third Mainland Bridge in Lagos on November 1, with an expected duration of three months. This announcement came directly from the Minister of Works, David Umahi, who shared the news during an extensive inspection of various key bridges, including the under deck and lagoon sections of the Third Mainland Bridge, as well as the Carter, Independence, and Falomo Bridges. The Rehabilitation Strategy: Minimal Discomfort for Road Users During his inspection, Minister Umahi disclosed the strategy for the upcoming rehabilitation work, assuring that…
Former President Muhammadu Buhari has responded to Nigeria’s recent victory in the $11 billion Process & Industrial Developments (P&ID) arbitration award dispute, calling it an “attempted heist of historic proportions” against the country, as it sought to steal “one-third of the nation’s foreign reserves.” In an article titled ‘A Matter of Principle,’ Buhari expressed his relief at the judgment delivered by Justice Robin Knowles of the Commercial Courts of England and Wales, who upheld Nigeria’s appeal that the award was obtained through fraud. The former president emphasized the gravity of the situation, stating, “This was an attempted heist of historic…
Dotun Sulaiman (MFR), the Chairman of Parthian Partners Limited, which owns the digital investment platform i-invest, has expressed his positive outlook regarding the potential impact of the Central Bank of Nigeria’s (CBN) forthcoming policy documentation on the regulation of the foreign exchange market in Nigeria. He shared his optimism during an interview with journalists at the National Economic Summit in Abuja. During a panel session at the summit, CBN Governor Yemi Cardoso announced that the central bank will soon release comprehensive policy documentation outlining the regulations and operation guidelines for the foreign exchange market. This news was welcomed by Sulaiman,…
Princess Fifi Ekanem Ejindu, an esteemed architect and fashion connoisseur, has dedicated herself to selfless service to humanity, her family, and her homeland. Whenever the opportunity arises, she proudly highlights the immense potential inherent in Nigeria to her extensive network of friends and investors across the globe. As the first Black African woman to graduate in Architecture from the prestigious Pratt Institute in New York, Princess Fifi’s horizon has been broadened, and she excels in her endeavors with meticulous attention to detail and an inherent passion for refined aesthetics, a characteristic that shines through in her own lifestyle. A recent…
A recent research study conducted by the National Institute of Health has unveiled a strong connection between better mobility, higher income, and longer working years in adults. The research, carried out by scientists from the National Institute of Arthritis and Musculoskeletal and Skin Diseases, a branch of the National Institute of Health, has emphasized that maintaining mobility is closely tied to increased income earnings over time. The link between enhanced mobility and improved financial prospects highlights the integral role mobility plays in one’s overall health and well-being. The findings add to the growing body of evidence supporting the advantages of…
Participants at the Roundtable on the Electricity Act 2023 have underscored the need for comprehensive support to enable states to effectively harness the potential presented by the recently enacted Electricity Act, signed into law by President Tinubu. The Roundtable, which took place in Abuja on October 25 and 26, was jointly organized by the Nigeria Governors’ Forum (NGF) and the British High Commission, with the support of the United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF). One of the primary outcomes of the Roundtable was the recognition that a tailored approach is essential, accounting for the diverse challenges and limitations faced…
The Lagos State Safety Commission has once again demonstrated its commitment to public safety by taking decisive action to seal 19 Bars and Lounges that repeatedly failed to comply with basic safety standards. This move, aimed at safeguarding the well-being of the public, was confirmed by Mr. Lanre Mojola, the Director-General of the Commission. Despite numerous notices and ample opportunities given to these establishments to submit their Safety Management Systems and rectify identified safety infractions, some operators continued to disregard these regulations. As a result, the Lagos State Safety Commission had no choice but to take action to ensure compliance,…
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has provided an optimistic update on the ongoing rehabilitation of the Kaduna Refinery and Petrochemicals Company (KRPC). He announced that the refinery is on track to commence operations in the fourth quarter of 2024. This announcement was made during an inspection tour of the Kaduna Refinery & Petrochemicals, where Lokpobiri assessed the progress of the ongoing quick-fix project of the refinery. The Minister expressed confidence in the project’s progress and its potential to be restreamed by the end of 2024. Key Accountability in the Rehabilitation Process Heineken Lokpobiri emphasized his…
The Accountant General of the Federation (AGF), Mrs. Oluwatoyin Madein, has announced a significant shift in the government’s financial policies. She stated that moving forward, no payments will be made for projects that have not been officially awarded. This announcement was made during a one-day capacity-building program titled “Implementation of the Cash Plan Policy in Nigeria: Prospects and Challenges.” Mrs. Madein emphasized that projects not included in the official procurement plan will face significant challenges in terms of implementation. This decision is aimed at preventing the government from struggling to secure funds at the beginning of the year, only to…
German Chancellor Olaf Scholz is set to visit Nigeria, marking the first official visit by a head of government to the country since the new administration took office. The visit, scheduled for Sunday, October 29, is aimed at strengthening the longstanding and warm bilateral relations between Germany and the Federal Republic of Nigeria. As highlighted in a statement on the Embassy of Germany in Nigeria’s website, the diplomatic relations between Germany and Nigeria have spanned over 60 years. Both nations share a strong partnership, being the strongest economy and the most populous country on their respective continents. The visit is…
The Lagos State Government, in collaboration with the Central Business District (CBD), LASTMA, the army, and the police, conducted a joint operation on Friday to clear vehicles parked on several bridges in Lagos Island, including Ebute Ero, Idumota, and Carter Bridges. This action is part of the state government’s ongoing efforts to remove vehicles parked on bridges within the Lagos Island business district. In addition to addressing the issue of vehicles parked on bridges, the operation also targeted heavy-duty vehicles parked beneath the Iddo Bridge. Lorries and trucks that were illegally parked on the triangular layby at Iddo, opposite the…
In a concerted effort to fortify food security within Lagos State, the government recently unveiled two agro-processing centers within the Ikorodu Local Government Area. This development was announced by the Lagos State Commissioner for Agriculture, Ms. Abisola Olusanya, during the official inauguration of these facilities. The two agro-processing centers in question are the Cottage Broiler Processing Centre located in Itamaga and the Egg Aggregation Centre situated in Erikorodo, both within the Ikorodu region. These projects were initiated under the aegis of the Lagos Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) Project. Commissioner Olusanya emphasized that this inauguration underscores the…
The Canadian Minister of Immigration, Refugees, and Citizenship, Honorable Marc Miller, has recently unveiled a comprehensive set of measures aimed at enhancing Canada’s International Student Program and protecting legitimate students from the perils of fraud. The objective is to ensure the integrity of the program and address the challenges international students have faced. In response to investigations concerning fraudulent admissions letters, an IRCC task force was established in June, collaborating with the Canada Border Services Agency (CBSA) to review the cases of affected students and graduates. The primary goal of this collaborative effort was to prevent legitimate students from being…
The African Development Bank (AfDB) has revealed that its commitment to funding development projects in Nigeria stands at a substantial $4.4 billion, making it the largest funding allocation in the African region. This announcement was made by Mr. Lamin Barrow, the Country Director of AfDB, during a recent Joint Country Portfolio Performance Review meeting held in Abuja. The meeting brought together representatives from the AfDB and the Ministry of Finance, International Economic Relations department, to assess and discuss the progress and performance of ongoing projects. Mr. Barrow also commended the Nigerian federal government for its recent series of policy reforms,…
The Kano State government, under the leadership of Governor Abba Kabir Yusuf, has recently taken a significant step towards alleviating the financial burden faced by retired civil servants in the state. In a move that reflects the administration’s commitment to addressing long-standing issues related to unpaid gratuities, the government has set aside approximately N6 billion to pay the outstanding gratuities of around 5,500 retired civil servants. This substantial allocation of funds for gratuity payments demonstrates the state’s dedication to fulfilling its obligations to retirees who have served the public diligently. Governor Abba Kabir Yusuf made this announcement during a recent…
InfoStride News reported that the Lagos State Government has reopened the Alaba International Market and some markets at the Trade Fair Complex in Ojo. These markets were temporarily closed earlier this month due to concerns about improper waste management and other environmental infractions. Mr. Tokunbo Wahab, the Lagos State Commissioner for the Environment and Water Resources, made the announcement regarding the reopening. He emphasized that the decision to close the markets had no ethnic or political motives. It was primarily taken to ensure a clean and healthy environment around business facilities. Wahab highlighted that the closure was a proactive step…
The Kano State House of Assembly has given its approval for Governor Abba Kabir Yusuf’s request to secure a N4 billion loan from the Central Bank of Nigeria (CBN) to complete the Tiga Independent Power Plant project. This decision was reached during a plenary session after the Leader of the House, Lawan Hussaini (NNPP- Dala), presented a motion endorsing the governor’s loan request. This development was reported by the News Agency of Nigeria. In his presentation, Lawan Hussaini explained that the loan, characterized by a single-digit interest rate, is poised to have a positive impact on Kano State’s economy. Furthermore,…