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Nigeria Needs $35bn To Begin Concrete Roads, Says Umahi

Published

3 weeks ago

November 21, 2023

Editor

The Minister of Works, David Umahi, has revealed that the Federal Government needs $35bn to kick start the construction of concrete roads nationwide.

He also stated that the moribund Ajaokuta steel company will provide 16 per cent of the steel material needed for the construction of Nigeria’s roads in concrete pavement.

This far-reaching resolution was the crux of discussion when the works minister met with the Minister of Steel Development, Shuaib Audu, at the ministry headquarters in Abuja.

The Chief Press Secretary to the minister, Orji Uchenna, in a statement on Tuesday said, the meeting underscored the imperative of coordination, cooperation, and coherence in the execution of the Federal Government’s action plans for national development.

The minister noted that the funding which would be gotten through a partnership with a commercial bank will be assented to by the federal executive council.

Umahi said, “How do we reactivate the Ajaokuta Steel. We are going into the concrete road, in this concrete road, about 16 per cent of it is from Steel while 30 per cent is cement. We need a lot of money to start but we decided to face it and God has given us an idea.

“We need about $35 billion to start. If we start waiting for FG it might become difficult. We did an analysis on the Return on Investment and the profit we could have made, part of it will go to bank interest. We are looking at a partnership with a commercial bank but Federal Executive Council has to endorse it. If this could be done it means Mr. President is living up to his words and this is going to be possible.”

According to the statement, the ministers resolved to synergise and strategise on steps to tap into the opportunities in Ajaokuta Steel Plant for the development of road infrastructure in Nigeria.

He said that tapping into the opportunities in the steel industry would create jobs and wealth for Nigerians and encourage global market industrialisation.

The former Ebonyi State governor also assured the steel minister of his support to enhance the potentialities of the Ajaokuta Steel Plant.

The Minister continued, “One of the Renewed Hope Agenda of Mr President is to think outside the box, Mr President inherited a large chunk of debt from the past administration, the beauty about it is that he is not complaining, he knew how the country was before he took the job and how it is. The good thing is that if you have passion for something God will give you an idea.”

Earlier in his remark, the minister of Steel Development emphasised the importance of the initiative and expressed hope that it would provide the needed economic boost for the nation, generate revenue and provide thousands of direct jobs for skilled and non-skilled technicians and hundreds of thousands of unskilled jobs in Nigeria stressing that, “We are to achieve three things, one to create job opportunity for Nigerians as a whole, two, to ensure that the corridor around the North Central Zone and the Ajaokuta-Warri axis is busy with activities and thirdly, the plant has been inactive for close to four decades and we are here to restart the plant within the shortest possible time.”

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World Anti-Corruption Day: Group Decries DSS Impunity, Govt’s Borrowing Habit

Published

1 hour ago

December 11, 2023

Editor

The Foundation for Environmental Rights, Advocacy, and Development, FENRAD, has raised concerns about the impunity of the Department of State Security, DSS, and its disregard for the rule of law in the last eight years.

FENRAD’s executive director, Nelson Nnanna Nwafor, made the observation in Umuahia on Monday on the occasion of the 2023 World Anti-Corruption Day.

According to him, how DSS personnel go about re-arresting people freed by the court has been worrisome.

“Most lamentable is that in the last eight years, the state security service has become an agent of lawlessness. We have witnessed attempts to rearrest someone the court had freed right there inside the courtroom or also instances of inter-agency rivalry,” he said.

The group also condemned the purchase of N160 million worth of vehicles for 469 lawmakers and the purchase of a yacht by the Federal Government. It also decried the nation’s habit of borrowing money to fund its budget and turning around to mismanage such funds on frivolities, to the detriment of poor Nigerians.

The group further cited contradictory judgements from courts in post-election cases as another worrying trend in the country.

FENRAD noted that for corruption to be defeated in Nigeria, the federal and state governments must be genuinely resolved to fight the monster.

News

NECO Awards Scholarships To Best Performing Candidates In 2022, 2023 Exams

Published

2 hours ago

December 11, 2023

Editor

The National Examinations Council, NECO, has awarded scholarships to a total of 14 best performing candidates in the 2022 and 2023 examinations at all levels across the country.

The Registrar/ CEO of NECO, Prof Dantani Ibrahim Wushishi made the disclosure during the Council’s Productivity Award ceremony held in Minna, Niger State.

According to him, the best performing male and female candidates in SSCE 2022 are Asiru Ahmed Opeyemi from Crescent International High School, Sango-Ota, Ogun State, and Obidibo Chioma Blessing.

Okafor Chima Christian from Saint Paul Academy, Jos, and Benson Ifebube Chelsea, from Renaissance Garden Secondary School, Ago-Okota, Lagos, are the best performing students for the 2023.

In the Basic Education Certificate Examination category, for 2022, Akintola Samuel Oluwadaresimi of Apostolic Church College, Sango, Ibadan, and Onochie Chiamada Francis of Igbenedion Educational Centre, Benin, topped the chart as the best performing students while Ekwueme Ikechukwu Excellent from Kimota Science College, Gboko, and Owuye Faheeza Oluwakemi of Maryland Comprehensive School (Junior), Lagos, emerged the best in 2023.

Similarly, the best performing candidates for the National Common Entrance Examination are Bokare Lemuel Ogheneyobre of Kingskidies Nursery and Primary School, Warri, and Chika Ugu Anastasia from Nana Primary School, Warri.

Winners in the gifted children category include Njoku Obinna Adrian of Rosai Kid Montessori School, New Owerri, and Anikwu Princess Kamsiyochukwu from Springfield Academy, Awka.

Also, some staff of the Council, who distinguished themselves in their various areas of duty, were also honoured and given awards by the organization.

News

144, 910 Cases Pending Before Federal High Court In New Legal Year

Published

2 hours ago

December 11, 2023

Editor

The Chief Judge of the Federal High Court of Nigeria, Justice John Tsoho has revealed that a total of 144, 910 cases are pending before the court in new legal year.

The Court in the last legal year had 15, 025 cases filed before it by litigants out of which 12, 870 were effectively disposed off leaving a balance of 2, 155 suits.

At the opening of the legal year of the Court in Abuja on Monday, the Chief Judge explained that the court carried over 142, 755 cases from 2021 to the 2022 legal year, adding that in the 2023 legal year, 15, 025 fresh cases were filed by various categories of litigants.

He noted that the Court would be going into the new legal year with the 144, 910 suits but expressed optimism that judges would rise up to the challenge of disposing the cases as quickly as possible.

The breakdown of the carried over cases showed that 42, 784 are civil cases, 36, 061 criminal matters, 41, 447 are motions while 24, 618 are fundamental rights enforcement suits.

Justice Tsoho who put the current number of judges on the bench of the Court at 95, thanked them for the speedy manner pre-election cases of the 2023 general elections were handled within the time allowed by law.

“We must dispense justice with integrity and without bias, we must display utmost competence and courage as well as dispose cases speedily.

“The Federal High Court will surely rise to the challenges of the future with the same tenacity and commitment that have defined its path thus far,” he said.