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Tinubu Group Tackles Adebanjo, Others Over Coastal Highway Project

Published

1 year ago

March 6, 2024

The Tinubu Media Support Group TMSG has faulted Yoruba leader, Pa Ayo Adebanjo and others over their criticisms of the construction of a 700km coastal highway stretching from Lagos to eight other states.

Chairman of the group, Jesutega Onokpasa, in a statement on Wednesday said the criticisms were made in bad faith and out of hatred for President Bola Tinubu.

He said; “In a most outrageous show of shallow, unresearched and non analytic reasoning, these people queried the productiveness and necessity of the Coastal Road Project with disregard to the poor level of Nigeria’s infrastructural deficit.

“It is laughable to say that despite the frightening figures estimated as the country’s infrastructural deficit, a group of attention seekers will describe the award of a project like the Coastal Highway Project, with inherent opportunities in Tourism and Blue Economy as, ‘unproductive and wasteful’.

“The trio of Gboyega Adejumo, Prince Faloke and Pa Ayo Adebanjo should know that the East-West Road and the Coastal Highway Project are meant to serve two different economic purposes.

“While the former is to serve the economies of Lagos, Shagamu, Ore, Benin, Warri, Ughelli, Aba, and Port Harcourt, the latter is intended to harness and service tourism, and the blue economic investment opportunities of the entire coastal axis of Igbokoda in Ondo State to Warri and the other coastal towns of the Niger Delta region, and Port-Harcourt.

“This is indeed, the kind of foresight, imagination and actions with which President Tinubu birthed the Lekki Free Trade Zone in Lagos State as governor.

“It is no news that the Lekki Free Trade Zone today hosts some of the largest investments in Africa, with multiplier effects on the Nigerian economy and incidentally, the Coastal Highway is planned to pass through the LFTZ.

“And unlike the East West Road which is a project of the Ministry of Niger Delta Affairs with 100% financial dependence on the Federal Government, the Coastal Highway Project is an Engineering Procurement Construction and Financing project under a Public Private Partnership arrangement PPP.

“Hi Tech is meant to finance a larger part of the project, and is expected to recover its cost through tolls and other economic means.

“When completed, the project will socially and economically integrate the coastal communities, whose oil wealth has sustained the country for decades, but abandoned to constant devastations of coastal erosion, with the mainstream of our non oil economic sectors and opportunities.

“We make bold to assure Nigerians of President Bola Tinubu’s commitment to the full implementation of the coastal projects.

“Our nation is on the right track and all we need to do is to support our President in actualizing his vision for our country.”

Related Topics:#Tinubu Afenifere Ayo Adebanjo

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Edo To Dredge Ikpoba River For Revenue, Flood Control

Published

13 hours ago

July 3, 2025

Editor

Edo State government has proposed the dredging of Ikpoba River to curb flooding and exploring potentials for enhancing revenue generation in the state.

The state Commissioner for Mining, Hon. Andrew Ijegbai, disclosed this when he led a delegation on an inspection of the river in Benin City.

According to him, the initiative was to find a lasting solution to the incessant challenges of flooding and river overflow on the busy road.

He added that his team was on the ground to assess the condition of the river to get a firsthand observation of its impact on communities near its bank.

Also speaking, Director of Mining in the ministry, Mr. Omoruyi Ihianle expressed the state government’s determination to turn challenges into successes.

He stated that the primary objectives of the project were to generate revenue for the state government through mining and to mitigate flooding in the host communities.

“As a government, we have found a way of converting our challenges until success.

“As a result of the silted river channel, the host communities have been suffering from flooding, hence the Edo State Government is stepping in to desilt while raising revenue for the State Government,” he said.

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JUST IN: Ex-Eagles Goalkeeper, Peter Rufai, Is Dead

Published

15 hours ago

July 3, 2025

Editor

Peter Rufai, the former Super Eagles goalkeeper, has died.

Waidi Akanni, a former teammate and associate, confirmed the legendary goalkeeper’s death to TheCable on Thursday.

Rufai, affectionately nicknamed Dodo Mayana, died at 61 after a reported battle with long-term illness.

The Super Eagles of Nigeria also announced the demise of the former goalkeeper on the team’s official X account.

“Forever in our hearts, Dodo Mayana. We mourn the passing of legendary Super Eagles goalkeeper, Peter Rufai, a giant of Nigerian football and a 1994 AFCON champion,” the post reads.

“Your legacy lives on between the sticks and beyond.”

Rufai is regarded as one of the best football goalkeepers Nigeria has ever produced. He was the Eagles’ first-choice goalkeeper when Nigeria won the 1994 Africa Cup of Nations (AFCON).

He also represented Nigeria at the 1994 FIFA World Cup in the US and the 1998 FIFA World Cup in France.

Rufai had over 60 caps for the Super Eagles over the course of a decade with the team.

News

AMCON Sells Ibadan DisCo For N100bn

Published

18 hours ago

July 3, 2025

Editor

The Asset Management Company of Nigeria (AMCON) has announced the sale of the Ibadan Electricity Distribution Company (IBEDC) for N100 billion.

AMCON’s Managing Director/CEO, Gbenga Alake, disclosed this at a media parley on Thursday.

Apart from IBEDC, AMCON also manages other distribution companies, including the Abuja Electricity Distribution Company (AEDC), Benin Electricity Distribution Company, Kaduna Electricity Distribution Company, and Kano Electricity Distribution Company.

Alake said, “Today, I announce to you that Ibadan DisCo has been sold. When we came in, it had already been sold, but we renegotiated the price and got almost double of what it was initially going to be sold for.”

Regarding ongoing legal issues, Alake stated, “We have sold it, and whatever is still happening in court, we will face it.”

However, officials of IBEDC did not respond to inquiries about the sale.