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Babatunde Fashola

  •  Chief Vincent Ighile President of Edo Community Leaders Association in the FCT has urged the Federal Government to complete the dualisation of the Benin Auchi Okene road which has turned into a death trap Ighile made the appeal in an interview with the News Agency of Nigeria after a stakeholders meeting of the association in Abuja He said that the government should hasten work on the road project to save lives of commuters using the road Chief Vincent Ighile President Edo Community Leaders Association FCT According to him the road has completely broken down and required immediate intervention The terrible state of the road is causing untold hardship to our people back home and has prevented them from pursuing their day to day activities Most crops get bad due to the delay in transportation from the source to its destination while commuters now lose quality hours as a result of the traffic gridlock he added The association president said it was more cheaper now to travel by air than drive through the dilapidated Benin Auchi Okene road Ighile said that they have made several appeal on government to repair the road before it becomes completely impassable The road has become a death trap and spot for kidnappers to carry out their evil activities the association president added He therefore appealed to the Minister of Works and Housing Mr Babatunde Fashola and members of the National Assembly to save the situation Look at the sufferings and untold hardships of the good people of Edo and commuters who hold their hearts in their hands when using the road Commuters at times spend days on the road when heavy trucks fall or vehicles break down he said Ighile also said many commuters have died as a result of accidents on the road while some were abducted by gunmen who take advantage of the bad state of the road to perpetrate their criminal activities He advised the government to have a sincere culture of road maintenance instead of waiting till the complete collapse of a road before intervening The cost of maintaining roads is cheaper than constructing new ones we ll continue to engage with the government to ensure the completion of the dualization of the road he added NewsSourceCredit NAN
    Community leader urges FG to complete dilapidated Benin-Auchi-Okene road  project
     Chief Vincent Ighile President of Edo Community Leaders Association in the FCT has urged the Federal Government to complete the dualisation of the Benin Auchi Okene road which has turned into a death trap Ighile made the appeal in an interview with the News Agency of Nigeria after a stakeholders meeting of the association in Abuja He said that the government should hasten work on the road project to save lives of commuters using the road Chief Vincent Ighile President Edo Community Leaders Association FCT According to him the road has completely broken down and required immediate intervention The terrible state of the road is causing untold hardship to our people back home and has prevented them from pursuing their day to day activities Most crops get bad due to the delay in transportation from the source to its destination while commuters now lose quality hours as a result of the traffic gridlock he added The association president said it was more cheaper now to travel by air than drive through the dilapidated Benin Auchi Okene road Ighile said that they have made several appeal on government to repair the road before it becomes completely impassable The road has become a death trap and spot for kidnappers to carry out their evil activities the association president added He therefore appealed to the Minister of Works and Housing Mr Babatunde Fashola and members of the National Assembly to save the situation Look at the sufferings and untold hardships of the good people of Edo and commuters who hold their hearts in their hands when using the road Commuters at times spend days on the road when heavy trucks fall or vehicles break down he said Ighile also said many commuters have died as a result of accidents on the road while some were abducted by gunmen who take advantage of the bad state of the road to perpetrate their criminal activities He advised the government to have a sincere culture of road maintenance instead of waiting till the complete collapse of a road before intervening The cost of maintaining roads is cheaper than constructing new ones we ll continue to engage with the government to ensure the completion of the dualization of the road he added NewsSourceCredit NAN
    Community leader urges FG to complete dilapidated Benin-Auchi-Okene road  project
    General news7 days ago

    Community leader urges FG to complete dilapidated Benin-Auchi-Okene road  project

    Chief Vincent Ighile, President of Edo Community Leaders Association in the FCT, has urged the Federal Government to complete the dualisation of the Benin-Auchi-Okene road, which has turned into a death trap.

    Ighile made the appeal in an interview with the News Agency of Nigeria after a stakeholders meeting of the association in Abuja.

    He said that the government should hasten work on the road project to save lives of commuters using the road.

    Chief Vincent Ighile, President, Edo Community Leaders Association, FCT According to him, the road has completely broken down and required immediate intervention.

    “The terrible state of the road is causing untold hardship to our people back home and has prevented them from pursuing their day-to-day activities.

    “Most crops get bad due to the delay in transportation from the source to its destination while commuters now lose quality hours as a result of the traffic gridlock,” he added.

    The association president said it was more cheaper now to travel by air than drive through the dilapidated Benin-Auchi-Okene road.

    Ighile said that they have made several appeal on government to repair the road before it becomes completely impassable.

    “The road has become a death trap and spot for kidnappers to carry out their evil activities,” the association president added.

    He, therefore, appealed to the Minister of Works and Housing, Mr Babatunde Fashola and members of the National Assembly to save the situation.

    “Look at the sufferings and untold hardships of the good people of Edo and commuters who hold their hearts in their hands when using the road.

    “Commuters at times spend days on the road when heavy trucks fall or vehicles break down,” he said.

    Ighile also said many commuters have died as a result of accidents on the road while some were abducted by gunmen who take advantage of the bad state of the road to perpetrate their criminal activities.

    He advised the government to have a sincere culture of road maintenance instead of waiting till the complete collapse of a road before intervening.

    “The cost of maintaining roads is cheaper than constructing new ones, we’ll continue to engage with the government to ensure the completion of the dualization of the road,” he added.


    NewsSourceCredit: NAN

  •  The Minister of Works and Housing Mr Babatunde Fashola has directed the Kopek Construction Ltd the contractor handling the construction of 108 kilometres Ibadan Ife Ilesa road project to reduce the inconveniences being experienced by motorists and travellers Fashola while on inspection tour of the road and other road projects in Oyo State on Friday evening also directed the contractor to do some palliative works on the bad sections of the road The News Agency of Nigeria reports that the minister who led other Directors in the ministries on the tour also inspected the 52 kilometres Oyo Ogbomoso dual carriageway as well as the 28 kilometres Iseyin Okeho Road projects Fashola expressed concern over the gridlock on some sections of Ibadan Ife Ilesa Road such as new Gbagi Alakia Adegbayi Celica and Tollgate areas He therefore directed the contractor to urgently carry out palliative works on the sections and other areas that call for such urgent intervention The minister also a former Governor of Lagos State said since the end of the year movement would soon start there was need for the contractor to ensure that the sections of the road were motorable He said that the Federal Government s commitment to reconstruct the road and other roads across the country made it to award Ibadan Ife Road Though we have awarded this contract before but a small budgetary provision made it impossible to do any work then Now that the contractor has been mobilised work has started and we intend to keep the construction firm Fashola said He expressed satisfaction with the progress of work on the road that links Oyo State to Osun saying that impact of SUKUK fund had been felt on the execution of the project The minister urged the contractor not to stop work promising that he would consider the firm for another SUKUK allocation We have started a process for new SUKUK and your firm will certainly be included If there s any fund that are unused at the end of the SUKUK review period clearly not everybody has fully utilised their own so this road will come up for consideration but don t stop work he said On Oyo Ogbomoso Road the minister said the project was now fully supported by the NNPC Tax Credit attributing this to the progress being recorded on the project Fashola said that the contractor Reynoid Construction Company RCC should not have any problem to delay the completion of the project with the availability of fund now On the project completion stage the minister said RCC had completed 30 kilometres of biders of the 52 kilometres road which represents 56 per cent completion Earth work is still being done but earth work has to slow down during raining season for obvious reasons To avoid laterites being filled from get washed away so RCC has to wait for the rain to subside so that the earth can solidify a little bit We expect that by November 2023 the work would be completed fully and relief would come to Oyo and Ogbomoso Towns since all the heavy trucks will come through the new road instead of going through the two towns and the gridlock and accident that used to happen will become history he said Fashola further disclosed that government was planning to go back to the old road and rehabilitate it for the use of people of Ogbomoso and Oyo after the completion of the new road At Okeho hundreds of residents came out with excitement to receive the minister in appreciation for the ongoing 28 kilometres Federal Government road project that links the agrarian town to Iseyin Fashola described the area as agricultural treasure of the Western part of Nigeria a prolific food basket resort According to him so this road is not just a road but is one of the routes that you will see roads to the farm areas on our national map whether in the East or North this is the one in the Western part of Nigeria It is 28 kilometres road it had been abandoned before this administration came into office so we terminated the contract and re awarded it to a local engineering construction firm HMF Construction Company Ltd He said that the project being funded by SUKUK has covered 10 kilometres with asphalt adding that the construction company was trying to realign the road on the remaining kilometres According to him two new bridges were constructed and laterite stonebase and asphalt will be used on the entire 28 kilometres road length He said that the project would be completed in earnest adding the contractor said he can deliver the road by February 2023 subject to payment of N4 billion those are the issues going into the 2023 budget For example those are the issues that I think should agitate representative of this constituency to ensure that there is enough budgetary provision The contractor is able we are willing and we are hopeful that when 2022 SUKUK is also being considered we will be able to accommodate some of these things On the engagement of local contractors the minister said President Muhammadu Buhari was committed to the engagement of local contractors That is the purpose for Executive Order Seven the local content and local contractors participation the more you do the better you get If we don t give them the opportunity they can t acquire the experience and equipment he said Fashola urged Nigerians to use the infrastructure provided by government Earlier the Kopek Project Manager Issam Feghali said his firm had completed 12 kilometres of the 108 kilometres road project According to him two kilometres have been done from Ibadan end six kilometres done at Osun end from Asejire bridge while four kilometres have been completed at Ilesa axis Feghali informed the minister that his firm had finished the N2 billion allocated for the project from SUKUK fund He urged the Federal Government to consider the project for another SUKUK allocation to enable his firm to progress on the job NAN reports that top management of the ministry South West Director of Works Mr Adedamola Kuti and Oyo State Controller of Works Mr Kayode Ibrahim were on the minister s entourage NewsSourceCredit NAN
    Fashola directs contractor to ease gridlock on Ibadan-Ife-Ilesa Expressway
     The Minister of Works and Housing Mr Babatunde Fashola has directed the Kopek Construction Ltd the contractor handling the construction of 108 kilometres Ibadan Ife Ilesa road project to reduce the inconveniences being experienced by motorists and travellers Fashola while on inspection tour of the road and other road projects in Oyo State on Friday evening also directed the contractor to do some palliative works on the bad sections of the road The News Agency of Nigeria reports that the minister who led other Directors in the ministries on the tour also inspected the 52 kilometres Oyo Ogbomoso dual carriageway as well as the 28 kilometres Iseyin Okeho Road projects Fashola expressed concern over the gridlock on some sections of Ibadan Ife Ilesa Road such as new Gbagi Alakia Adegbayi Celica and Tollgate areas He therefore directed the contractor to urgently carry out palliative works on the sections and other areas that call for such urgent intervention The minister also a former Governor of Lagos State said since the end of the year movement would soon start there was need for the contractor to ensure that the sections of the road were motorable He said that the Federal Government s commitment to reconstruct the road and other roads across the country made it to award Ibadan Ife Road Though we have awarded this contract before but a small budgetary provision made it impossible to do any work then Now that the contractor has been mobilised work has started and we intend to keep the construction firm Fashola said He expressed satisfaction with the progress of work on the road that links Oyo State to Osun saying that impact of SUKUK fund had been felt on the execution of the project The minister urged the contractor not to stop work promising that he would consider the firm for another SUKUK allocation We have started a process for new SUKUK and your firm will certainly be included If there s any fund that are unused at the end of the SUKUK review period clearly not everybody has fully utilised their own so this road will come up for consideration but don t stop work he said On Oyo Ogbomoso Road the minister said the project was now fully supported by the NNPC Tax Credit attributing this to the progress being recorded on the project Fashola said that the contractor Reynoid Construction Company RCC should not have any problem to delay the completion of the project with the availability of fund now On the project completion stage the minister said RCC had completed 30 kilometres of biders of the 52 kilometres road which represents 56 per cent completion Earth work is still being done but earth work has to slow down during raining season for obvious reasons To avoid laterites being filled from get washed away so RCC has to wait for the rain to subside so that the earth can solidify a little bit We expect that by November 2023 the work would be completed fully and relief would come to Oyo and Ogbomoso Towns since all the heavy trucks will come through the new road instead of going through the two towns and the gridlock and accident that used to happen will become history he said Fashola further disclosed that government was planning to go back to the old road and rehabilitate it for the use of people of Ogbomoso and Oyo after the completion of the new road At Okeho hundreds of residents came out with excitement to receive the minister in appreciation for the ongoing 28 kilometres Federal Government road project that links the agrarian town to Iseyin Fashola described the area as agricultural treasure of the Western part of Nigeria a prolific food basket resort According to him so this road is not just a road but is one of the routes that you will see roads to the farm areas on our national map whether in the East or North this is the one in the Western part of Nigeria It is 28 kilometres road it had been abandoned before this administration came into office so we terminated the contract and re awarded it to a local engineering construction firm HMF Construction Company Ltd He said that the project being funded by SUKUK has covered 10 kilometres with asphalt adding that the construction company was trying to realign the road on the remaining kilometres According to him two new bridges were constructed and laterite stonebase and asphalt will be used on the entire 28 kilometres road length He said that the project would be completed in earnest adding the contractor said he can deliver the road by February 2023 subject to payment of N4 billion those are the issues going into the 2023 budget For example those are the issues that I think should agitate representative of this constituency to ensure that there is enough budgetary provision The contractor is able we are willing and we are hopeful that when 2022 SUKUK is also being considered we will be able to accommodate some of these things On the engagement of local contractors the minister said President Muhammadu Buhari was committed to the engagement of local contractors That is the purpose for Executive Order Seven the local content and local contractors participation the more you do the better you get If we don t give them the opportunity they can t acquire the experience and equipment he said Fashola urged Nigerians to use the infrastructure provided by government Earlier the Kopek Project Manager Issam Feghali said his firm had completed 12 kilometres of the 108 kilometres road project According to him two kilometres have been done from Ibadan end six kilometres done at Osun end from Asejire bridge while four kilometres have been completed at Ilesa axis Feghali informed the minister that his firm had finished the N2 billion allocated for the project from SUKUK fund He urged the Federal Government to consider the project for another SUKUK allocation to enable his firm to progress on the job NAN reports that top management of the ministry South West Director of Works Mr Adedamola Kuti and Oyo State Controller of Works Mr Kayode Ibrahim were on the minister s entourage NewsSourceCredit NAN
    Fashola directs contractor to ease gridlock on Ibadan-Ife-Ilesa Expressway
    General news1 week ago

    Fashola directs contractor to ease gridlock on Ibadan-Ife-Ilesa Expressway

    The Minister of Works and Housing, Mr Babatunde Fashola, has directed the Kopek Construction Ltd., the contractor handling the construction of 108 kilometres Ibadan – Ife – Ilesa road project to reduce the inconveniences being experienced by motorists and travellers.

    Fashola, while on inspection tour of the road and other road projects in Oyo State, on Friday evening, also directed the contractor to do some palliative works on the bad sections of the road.

    The News Agency of Nigeria reports that the minister, who led other Directors in the ministries on the tour, also inspected the 52 kilometres Oyo – Ogbomoso dual carriageway, as well as the 28 kilometres Iseyin – Okeho Road projects.

    Fashola expressed concern over the gridlock on some sections of Ibadan – Ife- Ilesa Road, such as new Gbagi, Alakia Adegbayi, Celica and Tollgate areas.

    He, therefore, directed the contractor to urgently carry out palliative works on the sections and other areas that call for such urgent intervention.

    The minister, also a former Governor of Lagos State, said since the end of the year movement would soon start, there was need for the contractor to ensure that the sections of the road were motorable.

    He said that the Federal Government’s commitment to reconstruct the road and other roads across the country made it “to award Ibadan-Ife Road. “Though, we have awarded this contract before, but a small budgetary provision made it impossible to do any work then.

    “Now that the contractor has been mobilised, work has started and we intend to keep the construction firm,” Fashola said.

    He expressed satisfaction with the progress of work on the road that links Oyo State to Osun, saying that impact of SUKUK fund had been felt on the execution of the project.

    The minister urged the contractor not to stop work, promising that he would consider the firm for another SUKUK allocation.

    “We have started a process for new SUKUK and your firm will certainly be included.

    “If there’s any fund that are unused at the end of the SUKUK review period, clearly not everybody has fully utilised their own, so this road will come up for consideration, but don’t stop work,” he said.

    On Oyo – Ogbomoso Road, the minister said the project was now fully supported by the NNPC Tax Credit, attributing this to the progress being recorded on the project.

    Fashola said that the contractor -Reynoid Construction Company (RCC), should not have any problem to delay the completion of the project with the availability of fund now.

    On the project completion stage, the minister said RCC had completed 30 kilometres of biders of the 52 kilometres road, which represents 56 per cent completion.

    “Earth work is still being done, but earth work has to slow down during raining season for obvious reasons.

    “To avoid laterites being filled from get washed away, so RCC has to wait for the rain to subside so that the earth can solidify a little bit.

    “We expect that by November, 2023, the work would be completed fully and relief would come to Oyo and Ogbomoso Towns, since all the heavy trucks will come through the new road instead of going through the two towns and the gridlock and accident that used to happen will become history.

    ” he said.

    Fashola further disclosed that government was planning to go back to the old road and rehabilitate it for the use of people of Ogbomoso and Oyo, after the completion of the new road.

    At Okeho, hundreds of residents came out with excitement to receive the minister in appreciation for the ongoing 28 kilometres Federal Government road project that links the agrarian town to Iseyin.

    Fashola described the area as agricultural treasure of the Western part of Nigeria, “a prolific food basket resort” .

    According to him, so, this road is not just a road, but is one of the routes that you will see roads to the farm areas on our national map whether in the East or North, this is the one in the Western part of Nigeria.

    “It is 28 kilometres road, it had been abandoned before this administration came into office, so we terminated the contract and re-awarded it to a local engineering construction firm – HMF Construction Company Ltd.” He said that the project being funded by SUKUK has covered 10 kilometres with asphalt, adding that the construction company was trying to realign the road on the remaining kilometres.

    According to him, two new bridges were constructed and laterite, stonebase and asphalt will be used on the entire 28 kilometres road length.

    He said that the project would be completed, in earnest adding, “the contractor said he can deliver the road by February 2023, subject to payment of N4 billion, those are the issues going into the 2023 budget.

    “For example, those are the issues that I think should agitate representative of this constituency to ensure that there is enough budgetary provision.

    “The contractor is able; we are willing and we are hopeful that when 2022 SUKUK is also being considered we will be able to accommodate some of these things.

    ” On the engagement of local contractors, the minister said President Muhammadu Buhari was committed “to the engagement of local contractors.

    “That is the purpose for Executive Order Seven; the local content and local contractors participation, the more you do, the better you get.

    “If we don’t give them the opportunity they can’t acquire the experience and equipment,” he said.

    Fashola urged Nigerians to use the infrastructure provided by government.

    Earlier, the Kopek Project Manager, Issam Feghali, said his firm had completed 12 kilometres of the 108 kilometres road project.

    According to him, two kilometres have been done from Ibadan end, six kilometres done at Osun end from Asejire bridge, while four kilometres have been completed at Ilesa axis.

    Feghali informed the minister that his firm had finished the N2 billion allocated for the project from SUKUK fund.

    He urged the Federal Government to consider the project for another SUKUK allocation to enable his firm to progress on the job.

    NAN reports that top management of the ministry, South-West Director of Works, Mr Adedamola Kuti and Oyo State Controller of Works, Mr Kayode Ibrahim, were on the minister’s entourage.


    NewsSourceCredit: NAN

  •  The National Drug Law Enforcement Agency NDLEA said it has never sold two buildings in Adeniyi Jones Ikeja and Ikoyi areas of Lagos in 2021 or 2022 For clarity purpose NDLEA did not auction any property in 2021 or 2022 the agency said The Director Media amp Advocacy NDLEA Mr Femi Babafemi in a statement on Friday in Abuja revealed that the two buildings in were forfeited in drug prosecution cases Babafemi said that they were however sold at underpriced amounts and were indeed disposed in 2001 and not 2021 as being erroneously reported by some media platforms He said some media platforms had reported a press briefing by the Minister of Works and Housing Mr Babatunde Fashola on the decision of the Federal Executive Council FEC to demand from buyers of the two buildings the appropriate prices as at the 2001 when they were sold as against the underpriced amounts He however said that some media channels had erroneously reported that the buildings were sold in 2021 This clarification is therefore to correct the wrong impression following calls by concerned members of the public who have been calling top officials of the agency to clarify the mix up in the year of sale of the properties in reference he said NewsSourceCredit NAN
    We’ve not sold any property in Lagos in last 2 years–NDLEA
     The National Drug Law Enforcement Agency NDLEA said it has never sold two buildings in Adeniyi Jones Ikeja and Ikoyi areas of Lagos in 2021 or 2022 For clarity purpose NDLEA did not auction any property in 2021 or 2022 the agency said The Director Media amp Advocacy NDLEA Mr Femi Babafemi in a statement on Friday in Abuja revealed that the two buildings in were forfeited in drug prosecution cases Babafemi said that they were however sold at underpriced amounts and were indeed disposed in 2001 and not 2021 as being erroneously reported by some media platforms He said some media platforms had reported a press briefing by the Minister of Works and Housing Mr Babatunde Fashola on the decision of the Federal Executive Council FEC to demand from buyers of the two buildings the appropriate prices as at the 2001 when they were sold as against the underpriced amounts He however said that some media channels had erroneously reported that the buildings were sold in 2021 This clarification is therefore to correct the wrong impression following calls by concerned members of the public who have been calling top officials of the agency to clarify the mix up in the year of sale of the properties in reference he said NewsSourceCredit NAN
    We’ve not sold any property in Lagos in last 2 years–NDLEA
    Defence/Security1 week ago

    We’ve not sold any property in Lagos in last 2 years–NDLEA

    The National Drug Law Enforcement Agency, (NDLEA), said it has never sold two buildings, in Adeniyi Jones Ikeja and Ikoyi areas of Lagos in 2021 or 2022. ”For clarity purpose, NDLEA did not auction any property in 2021 or 2022,” the agency said.

    The Director, Media & Advocacy, NDLEA, Mr Femi Babafemi in a statement on Friday, in Abuja revealed that the two buildings, in were forfeited in drug prosecution cases.

    Babafemi said that they were however sold at underpriced amounts and were indeed disposed in 2001 and not 2021 as being erroneously reported by some media platforms.

    He said, some media platforms had reported a press briefing by the Minister of Works and Housing, Mr. Babatunde Fashola, on the decision of the Federal Executive Council, (FEC), to demand from buyers of the two buildings the appropriate prices as at the 2001 when they were sold as against the underpriced amounts.

    He, however, said that some media channels had erroneously reported that the buildings were sold in 2021. “This clarification is therefore to correct the wrong impression following calls by concerned members of the public who have been calling top officials of the agency to clarify the mix up in the year of sale of the properties in reference.

    ,” he said.


    NewsSourceCredit: NAN

  •  The Institute of Chartered Secretaries and Administrators of Nigeria ICSAN has expressed concern over the country s debt profile which it said had become alarming in recent times Mrs Funmi Ekundayo Vice President ICSAN said at a news conference on Tuesday that the debt burden had become worrisome because it was an important part of the country s fiscal policy Debt is not a bad thing when you have the right means for your financing as a nation and you do the right thing which includes infrastructure and other developmental purposes This can act as a leverage for the economy in the long run to pay up those debts without much ado But if we use the debts in the wrong direction especially for recurrent expenditure then that is where the problem lies she said The ICSAN vice president said for these reasons the institute would convene a conference from Sept 15 and Sept 16 in Lagos to proffer solutions to the county s rising debt profile The theme of the conference to commemorate ISCAN s 46th anniversary is The National Debt Burden Causes Effects and Realistic Economic Solutions She said the annual conference would kick off with a walk for life fitness and that the exercise would take place simultaneously across all chapters of ISCAN in the federation The Minister of Works and Housing Mr Babatunde Fashola and Speaker Federal House of Representatives Hon Femi Gbajabiamila are among personalities expected at the event Ekundayo said the chairman of the opening ceremony would be Fashola Special Guest of Honour Gbajabiamila while the keynote speaker would be Mr Ben Akabueze Director General Budget office of the federation The Chairman of the Dinner and Awards Night is Prince Yemi Adefolu Chairman of Council Tai Solarin College of Education Mrs Folashade Yemi Esan Head of Civil Service of the Federation and Mr Ayuba Wabba President Nigeria Labour Congress are some of the discussants at the conference she said Ekundayo said some of the sub themes that would be discussed at the conference are Public Administration Entrenching Sound Governance Principles for Macroeconomic Growth Others she said are Beyond Governance the Role of Dedicated Followership in Participatory Democracy and The Evolving Volatile Uncertain Complex and Ambiguous Compliance Landscape in Nigeria A New Dashboard for the Chartered Secretary She added that at end of the conference recommendations would be forwarded to the Federal Government on how to proffer solutions to national debt and the way forward for other macro economic indices NewsSourceCredit NAN
    ICSAN expresses concern over rising debts
     The Institute of Chartered Secretaries and Administrators of Nigeria ICSAN has expressed concern over the country s debt profile which it said had become alarming in recent times Mrs Funmi Ekundayo Vice President ICSAN said at a news conference on Tuesday that the debt burden had become worrisome because it was an important part of the country s fiscal policy Debt is not a bad thing when you have the right means for your financing as a nation and you do the right thing which includes infrastructure and other developmental purposes This can act as a leverage for the economy in the long run to pay up those debts without much ado But if we use the debts in the wrong direction especially for recurrent expenditure then that is where the problem lies she said The ICSAN vice president said for these reasons the institute would convene a conference from Sept 15 and Sept 16 in Lagos to proffer solutions to the county s rising debt profile The theme of the conference to commemorate ISCAN s 46th anniversary is The National Debt Burden Causes Effects and Realistic Economic Solutions She said the annual conference would kick off with a walk for life fitness and that the exercise would take place simultaneously across all chapters of ISCAN in the federation The Minister of Works and Housing Mr Babatunde Fashola and Speaker Federal House of Representatives Hon Femi Gbajabiamila are among personalities expected at the event Ekundayo said the chairman of the opening ceremony would be Fashola Special Guest of Honour Gbajabiamila while the keynote speaker would be Mr Ben Akabueze Director General Budget office of the federation The Chairman of the Dinner and Awards Night is Prince Yemi Adefolu Chairman of Council Tai Solarin College of Education Mrs Folashade Yemi Esan Head of Civil Service of the Federation and Mr Ayuba Wabba President Nigeria Labour Congress are some of the discussants at the conference she said Ekundayo said some of the sub themes that would be discussed at the conference are Public Administration Entrenching Sound Governance Principles for Macroeconomic Growth Others she said are Beyond Governance the Role of Dedicated Followership in Participatory Democracy and The Evolving Volatile Uncertain Complex and Ambiguous Compliance Landscape in Nigeria A New Dashboard for the Chartered Secretary She added that at end of the conference recommendations would be forwarded to the Federal Government on how to proffer solutions to national debt and the way forward for other macro economic indices NewsSourceCredit NAN
    ICSAN expresses concern over rising debts
    Economy3 weeks ago

    ICSAN expresses concern over rising debts

    The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) has expressed concern over the country’s debt profile, which it said had become alarming in recent times.

    Mrs Funmi Ekundayo, Vice President, ICSAN, said at a news conference on Tuesday that the debt burden had become worrisome because it was an important part of the country’s fiscal policy.

    “Debt is not a bad thing when you have the right means for your financing as a nation and you do the right thing, which includes infrastructure and other developmental purposes.

    “This can act as a leverage for the economy in the long run to pay up those debts without much ado.

    “But if we use the debts in the wrong direction, especially for recurrent expenditure, then that is where the problem lies,” she said.

    The ICSAN vice president said for these reasons, the institute would convene a conference from Sept. 15 and Sept. 16 in Lagos to proffer solutions to the county’s rising debt profile.

    The theme of the conference, to commemorate ISCAN’s 46th anniversary, is: “The National Debt Burden: Causes, Effects and Realistic Economic Solutions.

    ” She said the annual conference would kick off with a walk for life fitness, and that the exercise would take place simultaneously across all chapters of ISCAN in the federation.

    The Minister of Works and Housing, Mr Babatunde Fashola and Speaker, Federal House of Representatives, Hon. Femi Gbajabiamila, are among personalities expected at the event.

    Ekundayo said the chairman of the opening ceremony would be Fashola; Special Guest of Honour, Gbajabiamila, while the keynote speaker would be Mr Ben Akabueze, Director-General, Budget office of the federation.

    “The Chairman of the Dinner and Awards Night is Prince Yemi Adefolu, Chairman of Council, Tai Solarin College of Education.

    “Mrs Folashade Yemi-Esan, Head of Civil Service of the Federation and Mr Ayuba Wabba, President, Nigeria Labour Congress are some of the discussants at the conference,” she said.

    Ekundayo said some of the sub-themes that would be discussed at the conference are: “Public Administration: Entrenching Sound Governance Principles for Macroeconomic Growth.

    ” Others, she said are: “Beyond Governance, the Role of Dedicated Followership in Participatory Democracy,” and “The Evolving Volatile, Uncertain, Complex and Ambiguous Compliance Landscape in Nigeria: A New Dashboard for the Chartered Secretary.

    ” She added that at end of the conference, recommendations would be forwarded to the Federal Government on how to proffer solutions to national debt and the way forward for other macro-economic indices.


    NewsSourceCredit: NAN

  •   Appraising FG s interventions in housing sector Appraising FG s interventions in housing sector By Perpetua Onuegbu News Agency of Nigeria In the range of man s needs shelter comes next after air and food For dignity having a place to live becomes a priority in the hierarchy of necessities To this end the world over governments make meeting the housing needs of the citizenry a key factor in their agenda The present administration of President Muhammadu Buhari has taken certain steps to meet the housing needs of Nigerians by initiating the National Housing Programme NHP The government through the Ministry of Works and Housing initiated partnership with state governments and other stakeholders to develop and deliver affordable houses to Nigerians nationwide Although the target of ensuring that every Nigerian is properly housed has not been fully met the efforts of government have started yielding results A recent report by report on Nigeria s housing sector by Bank of Industry BOI estimates Nigeria s housing deficit at 28 million a figure that requires N21 trillion to address According to the report however N470 billion was what the Federal Government budgeted for housing in 2022 Experts say Nigeria will need to deliver one million housing units every year to bridge the gap Declaring the event open the Vice President Professor Yemi Osinbajo promised that the Federal Government would accelerate its housing programmes with pledging that the Federal Government would deliver over 50 000 homes by 2023 Osinbajo said this at this year s Africa International Housing show themed Housing For All The Role Of Governments In Creating An Effective Enabling Environment Part of the efforts to meet that target was witnessed in Kano in June when government officially handed over keys to four beneficiaries who have paid for houses built under the first phase of the National Housing Programme NHP in Kano Kano State The Minister of Works and Housing Mr Babatunde Fashola was represented by the Permanent Secretary Mr Bashir Alkali While we welcome those who can afford to pay outright it is not a condition for eligibility We have offered flexible payment options like Mortgages and Rent to Own which we encourage applicants to pursue Some of the requirements for qualification to access these include current passport photograph in JPEG or PNG format most recent copy of your current tax slip in PDF format Means of Identification National ID Driver license International Passport in digital JPEG format Letter of recommendation from any Primary Mortgage for Mortgage Subscribers and Evidence of 10 per cent initial payment deposit for Mortgage Subscribers only he said The beneficiaries today are therefore among the first set of Nigerians other than the 1994 Super Eagles who have been handed the keys to their houses promised by the Federal Government over 28years ago Also speaking Alkali represented by the Director Public Building and Housing Development Mr Solomon Labafilo said the philosophy behind the NHP was the provision of pilot scheme that is affordable accessible and acceptable in line with the National Housing Policy The approach to the design and use of materials take cognisance of the cultural and climatic peculiarities of the regions while responding also to the tenets of the Building Energy and Efficiency Code BEEC being championed by the ministry he said According to the Director Housing Building in the ministry Mr Solomon Labafilo government has delivered in 35 states of the federation and the FCT According to him the breakdown is as follows Phase 1 2728 Units Phase 2 2254 Units and Phase 3 964 Units totaling 5 946 Units He said another set of 2665 housing units available for subscription by the public through worksandhousing gov ng On its part the Federal Mortgage Bank of Nigeria FMBN said it has initiated Rent to Own housing scheme to enable everyone that is a contributor to the National Housing Fund NHF to be able to own a home of their own According to Mr Lawal K Sauri the General Manager Corporate Communication FMBN the Rent to Own housing product is an innovative affordable housing product which provides an easy and convenient payment plan towards homeownership for Nigerian workers FMBN developed the rent to own housing product as a strategic response to the inability of low income contributors to the National Housing Fund NHF scheme to meet the equity down payment requirement for accessing the NHF Mortgage loan To enhance affordability the rent to own product eliminates the need for a down payment The FMBN rent to own product makes it possible for Nigerians to move into FMBN funded homes located nationwide as tenants They pay for and own the property through monthly or yearly rent payments spread over periods of up to 30 years at best market single digit interest rate of 7 per cent on the price of the property on an annuity basis he said K Sauri also said that FMBN currently had over 3 190 housing units available for off take on a rent to own basis across several locations nationwide Some of these houses he said are located in FMBN funded estates in FCT Nasarawa Akwa Ibom Ondo Enugu Kogi Adamawa Sokoto Borno Jigawa Abia Katsina Ogun Kwara Kano Taraba Niger and Kaduna states You can visit them to confirm and also see the beneficiaries We currently are building mega cities in collaboration with some developers like Brain and Hammers About 1 200 housing units are almost completed which is funded by the bank at Jibi behind the police housing estate in Kubwa he said One of the beneficiaries of the housing interventions Mr Farouk Adamu who is a retired civil servant said the gesture had made ownership of houses easier for workers Anyone who says that he has used influence to obtain the house I will tell him it is not true We applied through the portal that the ministry opened We were lucky to be selected This is what Nigerians are waiting to see especially the less privilege citizens to get things without lobbying for them or having to know one big man or the other he said Another beneficiary the Manager of Spray well amp Finch Solutions Ltd Mr Henry Obi also said he got his allocation without having to lobbying any government official Although the Federal Government intervention has not provided housing for every Nigerian that needs it stakeholders say with the evident increased government s commitment thing will only get better for Nigeria If used please credit the author and News Agency of Nigeria NewsSourceCredit NAN
    Appraising FG’s interventions in housing sector
      Appraising FG s interventions in housing sector Appraising FG s interventions in housing sector By Perpetua Onuegbu News Agency of Nigeria In the range of man s needs shelter comes next after air and food For dignity having a place to live becomes a priority in the hierarchy of necessities To this end the world over governments make meeting the housing needs of the citizenry a key factor in their agenda The present administration of President Muhammadu Buhari has taken certain steps to meet the housing needs of Nigerians by initiating the National Housing Programme NHP The government through the Ministry of Works and Housing initiated partnership with state governments and other stakeholders to develop and deliver affordable houses to Nigerians nationwide Although the target of ensuring that every Nigerian is properly housed has not been fully met the efforts of government have started yielding results A recent report by report on Nigeria s housing sector by Bank of Industry BOI estimates Nigeria s housing deficit at 28 million a figure that requires N21 trillion to address According to the report however N470 billion was what the Federal Government budgeted for housing in 2022 Experts say Nigeria will need to deliver one million housing units every year to bridge the gap Declaring the event open the Vice President Professor Yemi Osinbajo promised that the Federal Government would accelerate its housing programmes with pledging that the Federal Government would deliver over 50 000 homes by 2023 Osinbajo said this at this year s Africa International Housing show themed Housing For All The Role Of Governments In Creating An Effective Enabling Environment Part of the efforts to meet that target was witnessed in Kano in June when government officially handed over keys to four beneficiaries who have paid for houses built under the first phase of the National Housing Programme NHP in Kano Kano State The Minister of Works and Housing Mr Babatunde Fashola was represented by the Permanent Secretary Mr Bashir Alkali While we welcome those who can afford to pay outright it is not a condition for eligibility We have offered flexible payment options like Mortgages and Rent to Own which we encourage applicants to pursue Some of the requirements for qualification to access these include current passport photograph in JPEG or PNG format most recent copy of your current tax slip in PDF format Means of Identification National ID Driver license International Passport in digital JPEG format Letter of recommendation from any Primary Mortgage for Mortgage Subscribers and Evidence of 10 per cent initial payment deposit for Mortgage Subscribers only he said The beneficiaries today are therefore among the first set of Nigerians other than the 1994 Super Eagles who have been handed the keys to their houses promised by the Federal Government over 28years ago Also speaking Alkali represented by the Director Public Building and Housing Development Mr Solomon Labafilo said the philosophy behind the NHP was the provision of pilot scheme that is affordable accessible and acceptable in line with the National Housing Policy The approach to the design and use of materials take cognisance of the cultural and climatic peculiarities of the regions while responding also to the tenets of the Building Energy and Efficiency Code BEEC being championed by the ministry he said According to the Director Housing Building in the ministry Mr Solomon Labafilo government has delivered in 35 states of the federation and the FCT According to him the breakdown is as follows Phase 1 2728 Units Phase 2 2254 Units and Phase 3 964 Units totaling 5 946 Units He said another set of 2665 housing units available for subscription by the public through worksandhousing gov ng On its part the Federal Mortgage Bank of Nigeria FMBN said it has initiated Rent to Own housing scheme to enable everyone that is a contributor to the National Housing Fund NHF to be able to own a home of their own According to Mr Lawal K Sauri the General Manager Corporate Communication FMBN the Rent to Own housing product is an innovative affordable housing product which provides an easy and convenient payment plan towards homeownership for Nigerian workers FMBN developed the rent to own housing product as a strategic response to the inability of low income contributors to the National Housing Fund NHF scheme to meet the equity down payment requirement for accessing the NHF Mortgage loan To enhance affordability the rent to own product eliminates the need for a down payment The FMBN rent to own product makes it possible for Nigerians to move into FMBN funded homes located nationwide as tenants They pay for and own the property through monthly or yearly rent payments spread over periods of up to 30 years at best market single digit interest rate of 7 per cent on the price of the property on an annuity basis he said K Sauri also said that FMBN currently had over 3 190 housing units available for off take on a rent to own basis across several locations nationwide Some of these houses he said are located in FMBN funded estates in FCT Nasarawa Akwa Ibom Ondo Enugu Kogi Adamawa Sokoto Borno Jigawa Abia Katsina Ogun Kwara Kano Taraba Niger and Kaduna states You can visit them to confirm and also see the beneficiaries We currently are building mega cities in collaboration with some developers like Brain and Hammers About 1 200 housing units are almost completed which is funded by the bank at Jibi behind the police housing estate in Kubwa he said One of the beneficiaries of the housing interventions Mr Farouk Adamu who is a retired civil servant said the gesture had made ownership of houses easier for workers Anyone who says that he has used influence to obtain the house I will tell him it is not true We applied through the portal that the ministry opened We were lucky to be selected This is what Nigerians are waiting to see especially the less privilege citizens to get things without lobbying for them or having to know one big man or the other he said Another beneficiary the Manager of Spray well amp Finch Solutions Ltd Mr Henry Obi also said he got his allocation without having to lobbying any government official Although the Federal Government intervention has not provided housing for every Nigerian that needs it stakeholders say with the evident increased government s commitment thing will only get better for Nigeria If used please credit the author and News Agency of Nigeria NewsSourceCredit NAN
    Appraising FG’s interventions in housing sector
    Features3 weeks ago

    Appraising FG’s interventions in housing sector

    Appraising FG’s interventions in housing sector Appraising FG’s interventions in housing sector By Perpetua Onuegbu, News Agency of Nigeria In the range of man’s needs, shelter comes next after air and food.

    For dignity, having a place to live becomes a priority in the hierarchy of necessities.

    To this end, the world over, governments make meeting the housing needs of the citizenry a key factor in their agenda.

    The present administration of President Muhammadu Buhari, has taken certain steps to meet the housing needs of Nigerians by initiating the National Housing Programme (NHP).

    The government, through the Ministry of Works and Housing, initiated partnership with state governments and other stakeholders to develop and deliver affordable houses to Nigerians nationwide.

    Although, the target of ensuring that every Nigerian is properly housed has not been fully met, the efforts of government have started yielding results.

    A recent report by report on Nigeria’s housing sector by Bank of Industry (BOI) estimates Nigeria’s housing deficit at 28 million, a figure that requires N21 trillion to address.

    According to the report, however, N470 billion was what the Federal Government budgeted for housing in 2022. Experts say Nigeria will need to deliver one million housing units every year to bridge the gap.

    Declaring the event open, the Vice-President, Professor Yemi Osinbajo, promised that the Federal Government would accelerate its housing programmes, with pledging that the Federal Government would deliver over 50,000 homes by 2023. Osinbajo said this at this year’s Africa International Housing show themed: “Housing For All, The Role Of Governments In Creating An Effective Enabling Environment”.

    Part of the efforts to meet that target was witnessed in Kano in June when government officially handed over keys to four beneficiaries who have paid for houses built under the first phase of the National Housing Programme (NHP) in Kano, Kano State.

    The Minister of Works and Housing, Mr Babatunde Fashola, was represented by the Permanent Secretary, Mr Bashir Alkali.

    “While we welcome those who can afford to pay outright, it is not a condition for eligibility.

    “We have offered flexible payment options like Mortgages and Rent-to-Own which we encourage applicants to pursue.

    “Some of the requirements for qualification to access these include – current passport photograph in JPEG or PNG format; most recent copy of your current tax slip in PDF format.

    “Means of Identification (National ID, Driver license, International Passport) in digital JPEG format; Letter of recommendation from any Primary Mortgage (for Mortgage Subscribers) and Evidence of 10 per cent initial payment deposit (for Mortgage Subscribers only),” he said.

    “The beneficiaries today are therefore among the first set of Nigerians other than the 1994 Super Eagles who have been handed the keys to their houses promised by the Federal Government over 28years ago.

    ” Also speaking, Alkali, represented by the Director, Public Building and Housing Development, Mr Solomon Labafilo, said the philosophy behind the NHP was the provision of pilot scheme that is affordable, accessible and acceptable in line with the National Housing Policy.

    “The approach to the design and use of materials take cognisance of the cultural and climatic peculiarities of the regions, while responding also to the tenets of the Building Energy and Efficiency Code (BEEC) being championed by the ministry,” he said.

    According to the Director, Housing Building in the ministry, Mr Solomon Labafilo, government has delivered in 35 states of the federation and the FCT.

    According to him, the breakdown is as follows: Phase 1 = 2728 Units, Phase 2 = 2254 Units and Phase 3 = 964 Units, totaling 5,946 Units.

    He said another set of 2665 housing units available for subscription by the public through: .

    worksandhousing.

    gov.

    ng.

    On its part, the Federal Mortgage Bank of Nigeria (FMBN) said  it has initiated Rent-to-Own housing scheme to enable everyone that is a contributor to the National Housing Fund (NHF) to be able to own a home of their own.

    According to Mr Lawal K-Sauri, the General Manager, Corporate Communication, FMBN, the Rent-to-Own housing product is an innovative affordable housing product, which provides an easy and convenient payment plan towards homeownership for Nigerian workers.

    “FMBN developed the rent-to-own housing product as a strategic response to the inability of low income contributors to the National Housing Fund (NHF) scheme to meet the equity down payment requirement for accessing the NHF Mortgage loan.

    “To enhance affordability, the rent-to-own product eliminates the need for a down payment.

    The FMBN rent-to-own product makes it possible for Nigerians to move into FMBN funded homes – located nationwide – as tenants.

    “They pay for and own the property through monthly or yearly rent payments spread over periods of up to 30-years at best market single-digit interest rate of 7 per cent on the price of the property on an annuity basis,” he said.

    K-Sauri also said that FMBN currently had over 3,190 housing units available for off-take on a rent-to-own basis across several locations nationwide.

    Some of these houses, he said are located in FMBN-funded estates in FCT Nasarawa Akwa Ibom, Ondo Enugu, Kogi, Adamawa, Sokoto, Borno, Jigawa, Abia, Katsina, Ogun, Kwara, Kano, Taraba, Niger and Kaduna states.

    “You can visit them to confirm and also see the beneficiaries.

    We currently are building mega cities in collaboration with some developers like Brain and Hammers.

    “About 1,200 housing units are almost completed which is funded by the bank at Jibi behind the police housing estate in Kubwa,’’ he said.

    One of the beneficiaries of the housing interventions, Mr Farouk Adamu, who is a retired civil servant, said the gesture had made ownership of houses easier for workers.

    “Anyone who says that he has used influence to obtain the house I will tell him it is not true.

    We applied through the portal that the ministry opened.

    We were lucky to be selected.

    “This is what Nigerians are waiting to see, especially the less privilege citizens to get things without lobbying for them or having to know one big man or the other,” he said.

    Another beneficiary, the Manager of Spray well & Finch Solutions Ltd., Mr Henry Obi also said he got his allocation without having to lobbying any government official.

    Although the Federal Government intervention has not provided housing for every Nigerian that needs it, stakeholders say with the evident increased government’s commitment, thing will only get better for Nigeria.

    ****If used please credit the author and News Agency of Nigeria.


    NewsSourceCredit: NAN

  •  President Muhammadu Buhari on Friday inaugurated the Gombe Kaltungo road project and handed it over to Gombe State Government Speaking at the inauguration in Kumo headquarters of Akko Local Government Area of the state Buhari recalled that the contract was awarded in 2014 Represented by the Minister of Communications and Digital Economy Prof Isa Pantami the president said the length of the road was 66 10 km and the carriage way is 7 35 mtr while the shoulder was 2 73 mtr He said the project contract which was conceptualised around 2014 but the work did not commence until 2015 This was because after the commencement two major issues were discovered that caused the project to be delayed until they were sorted out Yhe first issue was so many components were left and the second was VAT hence the project reviewed He said the project was supposed to be completed in 2019 but insufficient budgetary provision and release of fund as well as COVID 19 pandemic made it difficult for the present admintration to complete it at the stipulated time The president advised the citizens of Gombe to take ownership of the project Sometimes we have misconception that any infrastructure project is for government We need to remind ourselves that you and I are the government peoples remain while government come and go he said The Minister of Works and Housing Mr Babatunde Fashola said this was the sixth of the second phase of road project completion and handover the country was witnessing Represented by Mr Celestine Shausu Director Highways North East Federal Ministry of Works said the project represent major investment in road transport infrastructure which was a commitment of Buhari s administration as a driver of economic growth and prosperity They are visible and incontrovertible asset in proof of what Nigeria s resources were invested in from our earned and borrowings he said Gov Inuwa Yahaya of Gombe State said the road was inaugursted as a commitment and fulfillment of the president s conditions and terms on which he engaged the people of Nigeria to provide the basic amenities they required The people of Gombe are very happy because they can now ply this road from Gombe up to Yolde which is our boundary with Adamawa State without any problem We will like to urge and plead with Mr President for the timely completion of Numan to Jalingo road in Adamawa and Taraba States which have been a nightmare to travelers the governor appealed NewsSourceCredit NAN
    Buhari inaugurates Gombe-Kaltungo road
     President Muhammadu Buhari on Friday inaugurated the Gombe Kaltungo road project and handed it over to Gombe State Government Speaking at the inauguration in Kumo headquarters of Akko Local Government Area of the state Buhari recalled that the contract was awarded in 2014 Represented by the Minister of Communications and Digital Economy Prof Isa Pantami the president said the length of the road was 66 10 km and the carriage way is 7 35 mtr while the shoulder was 2 73 mtr He said the project contract which was conceptualised around 2014 but the work did not commence until 2015 This was because after the commencement two major issues were discovered that caused the project to be delayed until they were sorted out Yhe first issue was so many components were left and the second was VAT hence the project reviewed He said the project was supposed to be completed in 2019 but insufficient budgetary provision and release of fund as well as COVID 19 pandemic made it difficult for the present admintration to complete it at the stipulated time The president advised the citizens of Gombe to take ownership of the project Sometimes we have misconception that any infrastructure project is for government We need to remind ourselves that you and I are the government peoples remain while government come and go he said The Minister of Works and Housing Mr Babatunde Fashola said this was the sixth of the second phase of road project completion and handover the country was witnessing Represented by Mr Celestine Shausu Director Highways North East Federal Ministry of Works said the project represent major investment in road transport infrastructure which was a commitment of Buhari s administration as a driver of economic growth and prosperity They are visible and incontrovertible asset in proof of what Nigeria s resources were invested in from our earned and borrowings he said Gov Inuwa Yahaya of Gombe State said the road was inaugursted as a commitment and fulfillment of the president s conditions and terms on which he engaged the people of Nigeria to provide the basic amenities they required The people of Gombe are very happy because they can now ply this road from Gombe up to Yolde which is our boundary with Adamawa State without any problem We will like to urge and plead with Mr President for the timely completion of Numan to Jalingo road in Adamawa and Taraba States which have been a nightmare to travelers the governor appealed NewsSourceCredit NAN
    Buhari inaugurates Gombe-Kaltungo road
    General news4 weeks ago

    Buhari inaugurates Gombe-Kaltungo road

    President Muhammadu Buhari on Friday inaugurated the Gombe-Kaltungo road project and handed it over to Gombe State Government.

    Speaking at the inauguration in Kumo, headquarters of Akko Local Government Area of the state, Buhari recalled that the contract was awarded in 2014. Represented by the Minister of Communications and Digital Economy,  Prof. Isa Pantami, the president said the length of the road was 66.10 km and the carriage way is 7.35 mtr while the shoulder was 2.73 mtr.

    He said the project contract which was conceptualised around 2014, but the work did not commence until 2015. ‘’This was because after the commencement two major issues were discovered that caused the project to be delayed until they were sorted out.

    ‘’Yhe first issue was, so many components were left and the second was VAT, hence the project reviewed’’.

    He said the project was supposed to be completed in 2019 but insufficient budgetary provision and release of fund as well as COVID-19  pandemic made it difficult for the present admintration to complete it at the stipulated time.

    The president advised the citizens of Gombe to take ownership of the project.

    ’’Sometimes we have misconception that any infrastructure project is for government.

    ‘’We need to remind ourselves that you and I are the government, peoples remain while government come and go,’’ he said.

    The Minister of Works and Housing, Mr Babatunde Fashola, said this was the sixth of the second phase of road project completion and handover the country was witnessing.

    Represented by Mr Celestine Shausu, Director Highways, North East, Federal Ministry of Works, said the project represent major investment in road transport infrastructure which was a commitment of Buhari’s administration as a driver of economic growth and prosperity.

    ‘’They are visible and incontrovertible asset in proof of what Nigeria’s resources were invested in, from our earned and borrowings,’’ he said.

    Gov. Inuwa Yahaya of Gombe State said the road was inaugursted as a commitment and fulfillment of the president’s conditions and terms on which he engaged the people of Nigeria to provide the basic amenities they required.

    “The people of Gombe are very happy because they can now ply this road from Gombe up to Yolde which is our boundary with Adamawa State without any problem.

    ‘’We will like to urge and plead with Mr President for the timely completion of Numan to Jalingo road in Adamawa and Taraba States,  which have been a nightmare to travelers,” the governor appealed.


    NewsSourceCredit: NAN

  •  Mr Babatunde Fashola the Minister of Works and Housing says foreign borrowings by the Federal Government are aimed at closing the infrastructure gap in the country Fashola said this at the 28th National Council of Works meeting on Thursday in Kano Fashola said that most of the borrowings were expended on projects across the country The Buhari administration has been able to use the Petroleum Trust Development Fund PTDF for Nigeria s development in terms of infrastructure Apart form the N18 billion that we met in 2015 there was nothing left for the administration eventhough the price of crude oil was dropping In spite of these the federal government has been able to deliver many roads across the six geo political zones of the country he said Fashola said that the administration was determined to complete all ongoing projects before its exit on May 29 2023 He said that the state has benefited from the federal government s intervention which has enhanced the living conditions of the people In his remarks Gov Abdullahi Umar Ganduje appealed to the federal government to extend the Kano Northern bypass from Kano Hadejia Road to Kudiawa on Kano Daura Road Ganduje said that his administration placed high premium on the welfare on the people hence the execution of many peoples oriented projects across the state NewsSourceCredit NAN
    Foreign borrowings aimed at providing infrastructure- Fashola
     Mr Babatunde Fashola the Minister of Works and Housing says foreign borrowings by the Federal Government are aimed at closing the infrastructure gap in the country Fashola said this at the 28th National Council of Works meeting on Thursday in Kano Fashola said that most of the borrowings were expended on projects across the country The Buhari administration has been able to use the Petroleum Trust Development Fund PTDF for Nigeria s development in terms of infrastructure Apart form the N18 billion that we met in 2015 there was nothing left for the administration eventhough the price of crude oil was dropping In spite of these the federal government has been able to deliver many roads across the six geo political zones of the country he said Fashola said that the administration was determined to complete all ongoing projects before its exit on May 29 2023 He said that the state has benefited from the federal government s intervention which has enhanced the living conditions of the people In his remarks Gov Abdullahi Umar Ganduje appealed to the federal government to extend the Kano Northern bypass from Kano Hadejia Road to Kudiawa on Kano Daura Road Ganduje said that his administration placed high premium on the welfare on the people hence the execution of many peoples oriented projects across the state NewsSourceCredit NAN
    Foreign borrowings aimed at providing infrastructure- Fashola
    General news1 month ago

    Foreign borrowings aimed at providing infrastructure- Fashola

    Mr Babatunde Fashola, the Minister of Works and Housing, says foreign borrowings by the Federal Government are aimed at closing the infrastructure gap in the country.

    Fashola, said this at the  28th National Council of Works meeting on Thursday in Kano. Fashola said that most of the borrowings were expended on projects across the country.

    “The Buhari administration has been able to use the Petroleum Trust Development Fund (PTDF) for Nigeria’s development in terms of infrastructure.

    “Apart form the N18 billion that we met in 2015, there was nothing left for the administration, eventhough the price of crude oil was dropping.

    “In spite of these, the federal government has been able to deliver many roads across the six geo-political zones of the country, ” he said.

    Fashola said that the administration was determined to complete all ongoing projects before its exit on May 29, 2023. He said that the state has benefited from the federal government’s intervention which has enhanced the living conditions of the people.

    In his remarks, Gov. Abdullahi Umar Ganduje, appealed to the federal government to extend the Kano Northern bypass from Kano-Hadejia Road to Kudiawa on Kano-Daura Road. Ganduje said that his administration placed high premium on the welfare on the people, hence the execution of many peoples oriented projects across the state.


    NewsSourceCredit: NAN

  •  The Federal Government declared in Kano on Thursday that various infrastructures it provided across the country justified its external borrowings Minister of Works and Housing Mr Babatunde Fashola gave the justification when he addressed the 28th Annual National Council of Works meeting He said on going projects across the country justified the borrowings especially when compared with predecessor administrations done with borrowings The President Muhammadu Buhari administration has been able to use the Petroleum Trust Development Fund PTDF for Nigeria in terms of infrastructure he said The Federal Government has delivered many roads across the six geopolitical zones the minister stressed Fashola assured that the President Buhari administration would complete all on going projects before May 2023 He noted that Kano State had been an example of impactful benefit of infrastructure provision In 2022 our contactors were able to employ 1 421 people and they benefitted from N45 billion supplies of diesel and sand among others he said In his remarks Gov Abdullahi Ganduje of Kano State requested the extension of Federal Government s intervention to cover the Kano northern bypass starting from Hadejia Road to Kudiawa on the Kano Daura road Ganduje commended the Federal Government for executing gigantic projects across the country NewsSourceCredit NAN
    Provision of infrastructure justifies external borrowings – Minister
     The Federal Government declared in Kano on Thursday that various infrastructures it provided across the country justified its external borrowings Minister of Works and Housing Mr Babatunde Fashola gave the justification when he addressed the 28th Annual National Council of Works meeting He said on going projects across the country justified the borrowings especially when compared with predecessor administrations done with borrowings The President Muhammadu Buhari administration has been able to use the Petroleum Trust Development Fund PTDF for Nigeria in terms of infrastructure he said The Federal Government has delivered many roads across the six geopolitical zones the minister stressed Fashola assured that the President Buhari administration would complete all on going projects before May 2023 He noted that Kano State had been an example of impactful benefit of infrastructure provision In 2022 our contactors were able to employ 1 421 people and they benefitted from N45 billion supplies of diesel and sand among others he said In his remarks Gov Abdullahi Ganduje of Kano State requested the extension of Federal Government s intervention to cover the Kano northern bypass starting from Hadejia Road to Kudiawa on the Kano Daura road Ganduje commended the Federal Government for executing gigantic projects across the country NewsSourceCredit NAN
    Provision of infrastructure justifies external borrowings – Minister
    General news1 month ago

    Provision of infrastructure justifies external borrowings – Minister

    The Federal Government declared in Kano on Thursday that various infrastructures it provided across the country justified its external borrowings.

    Minister of Works and Housing, Mr Babatunde Fashola, gave the justification when he addressed the 28th Annual National Council of Works meeting.

    He said on-going projects across the country justified the borrowings, especially when compared with predecessor administrations done with borrowings.

    The President Muhammadu Buhari administration has been able to use the Petroleum Trust Development Fund (PTDF) for Nigeria in terms of infrastructure, he said.

    “The Federal Government has delivered many roads across the six geopolitical zones,’’ the minister stressed.

    Fashola assured that the President Buhari administration would complete all on-going projects before May 2023. He noted that Kano State had been an example of impactful benefit of infrastructure provision.

    “In 2022 our contactors were able to employ 1,421 people and they benefitted from N45 billion supplies of diesel and sand among others,’’ he said.

    In his remarks, Gov. Abdullahi Ganduje of Kano State requested the extension of Federal Government’s intervention to cover the Kano northern bypass starting from Hadejia Road to Kudiawa, on the Kano-Daura road.

    Ganduje commended the Federal Government for executing “gigantic projects’’ across the country.


    NewsSourceCredit: NAN

  •  Some communities along road have demanded the payment of compensation or they would stop work on the ongoing dualisation of the highway The News Agency of Nigeria reports that the communities made this demand at a news conference in Calabar on Wednesday The communities noted that while several of them had been rendered homeless by the road dualisation many had also lost their means of livelihoods They wondered why the Federal Government is using divide and rule method on the payment of compensation to the affected people on the highway The Clan Head of Okpokom Dr Nya Asuquo who spoke on behalf of the aggrieved communities said non payment of compensation was delaying progression of work on the road that linked Cross River to Akwa Ibom He said that efforts by the Federal Government to shift the payment of compensation to the state governments would not augur well for the ongoing construction work It is pertinent to note that in the same contract of road project particularly in the portion awarded to Julius Berger work is progressing smoothly the compensation was paid and handled by the Federal Government and not state Why will the same Federal Government hands off compensation on the same road project in the portion awarded to other contractors he asked Asuquo a former member of the House of Representatives said the failure to pay compensation to the other affected persons turned them to beggars According to him The people of Mbiabo Ikot Offiong and others where the project traverses have been rendered homeless and their means of livelihoods destroyed without provision of an alternative since the contractor Sematech Construction moved to site and started clearing without payment We demand compensation that is due to be paid to the affected communities particularly the Mbiabo Ikot Offiong axis from Okpokom River to Itu Bridge This is where records are available on the level of means of livelihood that have been destroyed and the people are roaming around homelessly Our prayer is simple Federal Government in one policy of government should not apply differently in the same country on the same citizens The right thing should be done compensation should be paid before work can continue he said Mr Babatunde Fashola Minister of Works and Housing had on a recent inspection of the highway expressed concern that encroachment into right of way was hindering progress of work of the project The minister represented by Mr Folorunsho Esan Director of Construction and Rehabilitation in the ministry noted that aside the challenges of right of way the ministry had overcome the issue of funding on the project He had stated that it was now the duty of the state governments to help resolve the issues of right of ways where a federal road project was being constructed The minister had appealed to Gov Ben Ayade of Cross River to help resolve that of Itu Odupkani road dualisation so that the contractor could complete the work on schedule The Federal Government had in December released N185 billion for the dualisation of the road The dualisation was divided into three sections and the contract awarded to Julius Berger PLC China Civil Engineering Construction Company CCECC and SERMATECH Nigeria Limited NewsSourceCredit NAN
    Calabar/Itu Road: Communities demand compensation or no work
     Some communities along road have demanded the payment of compensation or they would stop work on the ongoing dualisation of the highway The News Agency of Nigeria reports that the communities made this demand at a news conference in Calabar on Wednesday The communities noted that while several of them had been rendered homeless by the road dualisation many had also lost their means of livelihoods They wondered why the Federal Government is using divide and rule method on the payment of compensation to the affected people on the highway The Clan Head of Okpokom Dr Nya Asuquo who spoke on behalf of the aggrieved communities said non payment of compensation was delaying progression of work on the road that linked Cross River to Akwa Ibom He said that efforts by the Federal Government to shift the payment of compensation to the state governments would not augur well for the ongoing construction work It is pertinent to note that in the same contract of road project particularly in the portion awarded to Julius Berger work is progressing smoothly the compensation was paid and handled by the Federal Government and not state Why will the same Federal Government hands off compensation on the same road project in the portion awarded to other contractors he asked Asuquo a former member of the House of Representatives said the failure to pay compensation to the other affected persons turned them to beggars According to him The people of Mbiabo Ikot Offiong and others where the project traverses have been rendered homeless and their means of livelihoods destroyed without provision of an alternative since the contractor Sematech Construction moved to site and started clearing without payment We demand compensation that is due to be paid to the affected communities particularly the Mbiabo Ikot Offiong axis from Okpokom River to Itu Bridge This is where records are available on the level of means of livelihood that have been destroyed and the people are roaming around homelessly Our prayer is simple Federal Government in one policy of government should not apply differently in the same country on the same citizens The right thing should be done compensation should be paid before work can continue he said Mr Babatunde Fashola Minister of Works and Housing had on a recent inspection of the highway expressed concern that encroachment into right of way was hindering progress of work of the project The minister represented by Mr Folorunsho Esan Director of Construction and Rehabilitation in the ministry noted that aside the challenges of right of way the ministry had overcome the issue of funding on the project He had stated that it was now the duty of the state governments to help resolve the issues of right of ways where a federal road project was being constructed The minister had appealed to Gov Ben Ayade of Cross River to help resolve that of Itu Odupkani road dualisation so that the contractor could complete the work on schedule The Federal Government had in December released N185 billion for the dualisation of the road The dualisation was divided into three sections and the contract awarded to Julius Berger PLC China Civil Engineering Construction Company CCECC and SERMATECH Nigeria Limited NewsSourceCredit NAN
    Calabar/Itu Road: Communities demand compensation or no work
    General news1 month ago

    Calabar/Itu Road: Communities demand compensation or no work

    Some communities along road have demanded the payment of compensation or they would stop work on the ongoing dualisation of the highway.

    The News Agency of Nigeria reports that the communities made this demand at a news conference in Calabar on Wednesday.

    The communities noted that while several of them had been rendered homeless by the road dualisation, many had also lost their means of livelihoods.

    They wondered why the Federal Government is using divide and rule method on the payment of compensation to the affected people on the highway.

    The Clan Head of Okpokom, Dr Nya Asuquo, who spoke on behalf of the aggrieved communities, said non-payment of compensation was delaying progression of work on the road that linked Cross River to Akwa Ibom. He said that efforts by the Federal Government to shift the payment of compensation to the state governments would not augur well for the ongoing construction work.

    “It is pertinent to note that in the same contract of road project, particularly in the portion awarded to Julius Berger, work is progressing smoothly, the compensation was paid and handled by the Federal Government and not state.

    “Why will the same Federal Government hands-off compensation on the same road project in the portion awarded to other contractors,” he asked.

    Asuquo, a former member of the House of Representatives, said the failure to pay compensation to the other affected persons turned them to beggars.

    According to him, “The people of Mbiabo Ikot Offiong and others where the project traverses have been rendered homeless and their means of livelihoods destroyed without provision of an alternative since the contractor, Sematech Construction moved to site and started clearing without payment.

    “We demand compensation that is due to be paid to the affected communities, particularly the Mbiabo Ikot Offiong axis from Okpokom River to Itu Bridge.

    “This is where records are available on the level of means of livelihood that have been destroyed and the people are roaming around homelessly.

    “Our prayer is simple, Federal Government in one policy of government should not apply differently in the same country on the same citizens.

    “The right thing should be done; compensation should be paid before work can continue,” he said.

    Mr Babatunde Fashola, Minister of Works and Housing, had on a recent inspection of the highway, expressed concern that encroachment into right of way was hindering progress of work of the project.

    The minister, represented by Mr Folorunsho Esan, Director of Construction and Rehabilitation in the ministry, noted that aside the challenges of right of way, the ministry had overcome the issue of funding on the project.

    He had stated that it was now the duty of the state governments to help resolve the issues of right of ways where a federal road project was being constructed.

    The minister had appealed to Gov. Ben Ayade of Cross River to help resolve that of Itu-Odupkani road dualisation so that the contractor could complete the work on schedule.

    The Federal Government had in December, released N185 billion for the dualisation of the road.

    The dualisation was divided into three sections and the contract awarded to Julius Berger PLC, China Civil Engineering Construction Company (CCECC) and SERMATECH Nigeria Limited.


    NewsSourceCredit: NAN

  •  The Minister of Transportation Mr Mu azu Sambo says no government has invested more in infrastructural development than that of President Muhammadu Buhari s A statement from Mr Eric Osegwe spokesperson of the ministry said on Saturday in Abuja that Sambo spoke when he inspected facilities in Lagos They included Tin Can Apapa ports and the Mobolaji Johnson train station Ebutte Meta among others He however acknowledged that in spite of the tremendous achievements by the Buhari administration there was still a lot to be done The minister also promised to liaise with the his Works and Housing Mr Babatunde Fashola to see how the Tin Can and Apapa access roads could be fixed I have seen all the subsequent governments in this country There was no administration in this country that had invested in infrastructure like the Buhari s government Unfortunately the things we have to do are not only those for the Ministry of Transportation You saw when we got down at Ijora the beginning of Ijora Causeway we had to look at how bad the road is So we re going to talk to our brothers and sisters at the Federal Ministry of Works and Housing synergize with them and ensure that the road is more motorable once again Sambo said In relation to the kidnapped victims of the ill fated March 28 Abuja Kaduna bound train the minister said that the government was working assiduously to secure their release He further reiterated that in spite of the huge economic loss it would be insensitive to run the trains while the victims were still in captivity He lauded an indigenous company Sifax Group for creating employment for the youths and for helping to decongest the ports Sambo promised to do all he could to support the maritime industry saying if we get the maritime industry right we will not depend on oil Other areas visited were the NPA facility with special interest on its ultra modern simulation centre and the Ebutte Metta train station NewsSourceCredit NAN
    Transportation minister lauds Buhari on infrastructural development
     The Minister of Transportation Mr Mu azu Sambo says no government has invested more in infrastructural development than that of President Muhammadu Buhari s A statement from Mr Eric Osegwe spokesperson of the ministry said on Saturday in Abuja that Sambo spoke when he inspected facilities in Lagos They included Tin Can Apapa ports and the Mobolaji Johnson train station Ebutte Meta among others He however acknowledged that in spite of the tremendous achievements by the Buhari administration there was still a lot to be done The minister also promised to liaise with the his Works and Housing Mr Babatunde Fashola to see how the Tin Can and Apapa access roads could be fixed I have seen all the subsequent governments in this country There was no administration in this country that had invested in infrastructure like the Buhari s government Unfortunately the things we have to do are not only those for the Ministry of Transportation You saw when we got down at Ijora the beginning of Ijora Causeway we had to look at how bad the road is So we re going to talk to our brothers and sisters at the Federal Ministry of Works and Housing synergize with them and ensure that the road is more motorable once again Sambo said In relation to the kidnapped victims of the ill fated March 28 Abuja Kaduna bound train the minister said that the government was working assiduously to secure their release He further reiterated that in spite of the huge economic loss it would be insensitive to run the trains while the victims were still in captivity He lauded an indigenous company Sifax Group for creating employment for the youths and for helping to decongest the ports Sambo promised to do all he could to support the maritime industry saying if we get the maritime industry right we will not depend on oil Other areas visited were the NPA facility with special interest on its ultra modern simulation centre and the Ebutte Metta train station NewsSourceCredit NAN
    Transportation minister lauds Buhari on infrastructural development
    General news1 month ago

    Transportation minister lauds Buhari on infrastructural development

    The Minister of Transportation, Mr Mu’azu Sambo, says  no government has invested more in infrastructural development than that of President Muhammadu Buhari’s.

    A statement from Mr Eric Osegwe, spokesperson of the ministry said on Saturday in Abuja that Sambo spoke when he inspected facilities in Lagos.

    They included Tin-Can, Apapa ports and the Mobolaji Johnson train station, Ebutte-Meta, among others.

    He, however, acknowledged that in spite of the tremendous achievements by the Buhari  administration, there was still a lot to be done.

    The minister also promised to liaise with the his Works and Housing, Mr Babatunde Fashola, to see how the Tin-Can and Apapa access roads could be fixed.

    “I have seen all the subsequent governments in this country.

    There was no administration in this country that had invested in infrastructure like the Buhari’s government.

    “Unfortunately, the things we have to do are not only those for the Ministry of Transportation.

    ” You saw when we got down at Ijora, the beginning of Ijora Causeway, we had to look at how bad the road is.

    ” So, we’re going to talk to our brothers and sisters at the Federal Ministry of Works and Housing, synergize with them and ensure that the road is more motorable once again,” Sambo said.

    In relation to the kidnapped victims of the ill-fated March 28, Abuja-Kaduna bound train; the minister said that the government was working assiduously to secure their release.

    He further reiterated that in spite of the huge economic loss, it would be insensitive to run the trains while the victims were still in captivity.

    He lauded an indigenous company, Sifax Group, for creating employment for the youths and for helping to decongest the ports. 

    Sambo promised to do all he could to support the maritime industry, saying, “if we get the maritime industry right, we will not depend on oil.

    ”Other areas visited were the NPA facility with special interest on its ultra modern simulation centre and the Ebutte-Metta train station.


    NewsSourceCredit: NAN