News

Road Projects: FG Stops Payments To Contractors In South-East

Published

2 years ago

September 7, 2023

The Minister of Works, Sen. Dave Umahi on Wednesday stopped some road construction in the Southeast pending the review of the existing and additional contracts.

Umahi gave the directive on Thursday in Enugu during the inspection of some ongoing construction/rehabilitation of federal roads across states in the South-East.

The minister expressed dismay that four bridges and three kilometers of additional work were costing N15 billion.

“I have directed directors in the ministry to sit with the contractors and review it.

“I strongly believe that there is no way that the project will cost us more than three to four billion naira, and when a project is too expensive, and the budgeting process is very low, then contractors will remain on site for 10 to 15 years,” he said.

Some of the roads inspected included the Ozalla- Akpugo-Amangunze-Isu Onicha (Enugu-Onitsha) with a spur to Onunwere in Enugu State done by Arab Contractors and rehabilitation of Old Enugu- Onitsha road also done by Arab Contractors.

Others were the construction of the Nenwe-Nomeh-Mburubu -Nara road with a spur from Obeagu-Oduma road, Enugu State, Rehabilitation of Nsukka -Ikem, Eha Amufu – Nkalagu in Ebonyi State among others.

Umahi commended the quality of work done on some of the roads in Enugu, adding that he stopped certain payments until contractors, and the ministry reviewed the existing contracts and additional works.

The former Ebonyi governor said he stopped payment of RCC and Arab Contractors until they all sit down to review the cost of the projects and methods of construction.

He also said because of funding he had directed works on spots should come in the second phase to enable contractors to complete carriage ways first.

He equally directed the contractor handling the Mmaku road seven days to return to the site to cover the binder course.

He also directed that the right-hand side of the Enugu-Onitsha expressway be done with concrete to save costs.

“I discovered something unprofessional where contractors put a binder course and leave it up to five to eight years, and within that period, the binder course fails.

“Henceforth, no contractor will leave the binder course for more than one month without covering it because the binder course admits water which affects subgrade.

“It is not healthy for contractors as they lose money for the equipment they are using to maintain the work,” he said.

The News Agency of Nigeria (NAN) reports that the binder course is an intermediate, bitumen-bound aggregate layer placed between the base layer and the surface of an asphalt pavement.

The minister explained that Nigerian roads failed because of the bad asphalt placed on them as a result of adulterated bitumen imported into the country.

According to him, most of our roads are not failing because of sub-base or subgrade but fail because of bad asphalt placed on them.

“So the fight of turning to concrete is a continuous one, and we will not give up until our roads are able to last up to 30 years to 40 years without maintenance when built.

“At Enugu section three to Port Harcourt section 3, I have also directed that the second carriage be totally done on concrete as we are safer with concrete in southeast roads,” he said.

To buttress his point on the concrete road, Umahi, who took newsmen to Nigercem – the first cement factory in Nigeria, said the factory road built in 1950 with concrete was still stable as well as other roads in Nkalagu built with concrete seven years ago.

“This is what we are advocating and basically, Southeast, South-South, and South-West roads shall be on concrete because of their terrain,” he said.

News

Peter Obi’s Son, Oseloka, Speaks On Gay Allegations

Published

3 hours ago

August 23, 2025

Editor

Oseloka Obi, son of the 2023 Labour Party presidential candidate Peter Obi, has responded to viral allegations linking him to homosexuality after photographs of him with London-based British-Nigerian Kent Okwesa, circulated online this week.

The pictures, which emerged on Wednesday, showed Oseloka and Okwesa sitting closely at a restaurant in the United Kingdom, sparking a wave of online speculation and gossip.

In a detailed statement, Oseloka dismissed the rumours as malicious falsehoods driven by his father’s involvement in Nigerian politics.

He noted that while he rarely responds to such narratives, the persistence of gossip and unfounded claims made it necessary to address the matter.

“Because of my father’s involvement in Nigerian politics, there has been a persistent curiosity and, at times, malicious obsession with me.

“I have no social media presence and no interest in maintaining one, so I rarely correct these falsehoods. But perhaps it is time I address them,” he wrote.

Oseloka stressed that the photos of him in circulation were being misrepresented, insisting they were ordinary snapshots with friends and colleagues.

“The truth is simple: Peter Obi’s son appears in photos with his friends and colleagues, nothing more. If people wish to invent otherwise, I hope they sleep soundly knowing they are spreading lies,” he added.

He further emphasised that neither he nor his father is perfect, but attested to his father’s integrity and commitment to Nigeria’s future.

“My father has my vote, not because he is my father, but because he is the right man for the job. If others wish to go low, invent scandals, or attack me to wound him, they are free to do so. But we will go high, and we will continue to focus on the future of Nigeria.”

Concluding, Oseloka urged Nigerians to redirect their attention from idle gossip to the pressing socio-economic challenges facing the country.

Read the full statement below:

News

FULL LIST: PenCom Bars Seven Mortgage Banks From Processing Housing Loans

Published

4 hours ago

August 23, 2025

Editor

The National Pension Commission (PenCom) has barred seven Primary Mortgage Banks (PMBs) from processing applications under the pension-backed equity contribution scheme for residential mortgages, citing their non-compliance with housing loan guidelines.

In a letter published on PenCom’s website, addressed to Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs), the organisation instructed them to immediately stop accepting or processing equity contribution applications submitted through the affected institutions.

The blacklisted mortgage banks are:

• Jigawa Savings & Loans Limited

• FHA Mortgage Bank Limited

• Delta Trust Mortgage Bank Limited

• AG Mortgage Bank Limited

• Infinity Trust Mortgage Bank Pic

• First Trust Mortgage Bank Limited

• Mutual Alliance Mortgage Bank Limited

“Following the cited letter, the commission instructs that PFAs, including Closed Pension Fund Administrators and Pension Fund Custodians, immediately stop accepting or processing equity contribution applications submitted by the following Primary Mortgage Banks… Please be guided,” the circular read in part.

Explaining the decision, PenCom’s spokesman, Ibrahim Buwai, told The PUNCH that the sanction was imposed because the affected institutions failed to generate the mortgages for which funds had been approved.

“The whole purpose of giving access to RSA holders is to enable them to own houses through mortgages,” he said. “It was discovered that some of the primary mortgage institutions were not generating mortgages. If that is the case, it means they are not complying with the regulations. That is the reason for their blacklisting.”

PenCom introduced the equity contribution for residential mortgages in September 2022, allowing Retirement Savings Account (RSA) holders to withdraw up to 25 per cent of their balances to fund equity contributions for home ownership.

According to the commission, 24,582 RSA holders had accessed the scheme as of the first quarter of 2025, with disbursements totalling ₦149.84bn.

RSA holders who submitted applications through the barred mortgage banks are now advised to reapply with other eligible PMBs. Those who have made upfront payments were urged to contact the affected institutions for the next line of action.

News

VIDEO: How ‘Close Friend’ Leaked Cat Secret To Security During My House Invasion — Sunday Igboho

Published

5 hours ago

August 23, 2025

Editor

Yoruba Nation agitator, Chief Sunday Adeyemo, popularly known as Sunday Igboho, has opened up again on the July 1, 2021 midnight invasion of his Ibadan residence by security operatives, including the Department of State Services (DSS).

Speaking during a visit to the Olowo of Owo, Oba Ajibade Gbadegesin Ogunoye III, at his palace in Ondo State, Igboho alleged that the attack was carried out with the intent to take his life.

“When my house was invaded, they wanted to kill me but failed. Some said my intestines were shattered, others said my leg was broken, but there was nothing of such. They fired guns at me very well, but the prayers of you my fathers on me were answered.”

According to him, the DSS operatives forcefully gained entrance into his residence and pointed a gun at his Personal Assistant so he could lead them to his room.

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Death of cat after friend’s betrayal

While recalling the invasion, Igboho said one of his trusted friends betrayed him by leaking sensitive information about his cat to the operatives.

He disclosed that the so-called ‘trusted’ friend had told the agents not to let the cat escape, which led to the security operatives killing the animal.

“When I opened the door of my room for them, they saw my cat on the bed. One of my friends that I entrusted with secret had told them not to let the cat go. So they killed the cat and wrapped it with clothes like a corpse. They destroyed everywhere in the house and killed one of my brothers alongside one other person and they left,” he narrated.

Appeal to the Olowo

Speaking at the palace of the Olowo, Igboho said his absence from the country had lasted about five years and that he was eager to return to contribute to tackling insecurity in the South-West.

“But why I came to meet you Kabiesi is that till when will I be doing that. Nigeria is my motherland. This is about five years since I’ve been chased from here. Tinubu is your son, you can convince him to free me. If not for the wanted tag on me, I would have come to Nigeria to face the insecurity facing the South-West region. I would have entered the bush and faced them,” Igboho pleaded with the monarch.

Monarch’s response
In his response, Oba Ogunoye described Igboho as a beacon of hope for his generation and future ones, urging him not to be discouraged by the challenges he has faced.

The monarch enjoined Igboho and his supporters to remain law-abiding amid ongoing challenges.

He assured him of continued support and called for peace and cooperation across South-West communities, noting that no region can achieve sustainable development without security.
(TRIBUNE)