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Why Niger Delta Is Critical To National Growth – Tinubu

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President Bola Tinubu has reaffirmed the significance of the Niger Delta region to Nigeria’s economic prosperity, describing it as “the goose that lays the golden egg.”

This is even as he tasked the Niger Delta Development Commission to fast track the completion of abandoned projects that are critical to the development of the region.

Tinubu stated this at the plenary session of the 25th anniversary of the NDDC held in Port Harcourt, Rivers State capital, on Saturday.

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Represented by the Secretary to the Government of the Federation, Senator George Akume, the President said his administration’s legacy project, the 750-kilometre Lagos-Calabar Coastal Highway, will serve as a viable alternative to the East-West Road.

Tinubu said the flagship infrastructure project ‘will foster trade and connectivity across the region while opening up new investment prospects in the hydrocarbon belt and spurring the growth of eco-tourism and blue economy-based industries in the region’.

He stated, “I have also directed the board and management of the commission, through the Minister of Regional Development, to complete and deliver abandoned critical projects, including the Kaa-Ataba Bridge, Okrika-Borokiri Bridge, Bonny Ring Road, Gbaregolo Roads and Bridges, and the East-West Sampou Roads and Bridges, among several others.”

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READ ALSO:JUST IN] 2027: South-South APC Endorses Tinubu, Four Govs For Re-election

Tinubu commended the NDDC leadership for its efforts to improve the commission’s service delivery and encouraged it to sustain the momentum and continue working towards enhancing the region’s development.

He added, “Beyond infrastructural development, the NDDC must continue to prioritise human capital development, as it remains the primary index of progress.

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“Projects and programmes that directly impact the lives of ordinary people in rural communities must be prioritised. In this regard, I commend the Board and Management for the ‘Light Up the Niger Delta’ initiative, which has not only reduced night crimes and enhanced security but has also extended trading hours and improved social life across the region.

“I also urge you to place special emphasis on empowering the youth and women of the region.

“The NDDC must constructively engage the youth, steering them away from violence and militancy towards entrepreneurship and other legitimate means of self-development.

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“This administration prioritises youth development, and I encourage the NDDC to collaborate with the Ministry of Youth Development to leverage the various initiatives available.”

READ ALSO:Lagos LG Poll: Police Re-adjust Movement Restriction

He continued, “Furthermore, there can be no sustainable development without peace, security of lives and property, and adherence to the rule of law. The NDDC must continue to work towards sustaining peace in the region.”

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The President emphasised the importance of agriculture in the Niger Delta, noting the region’s vast potential beyond oil and gas. He encouraged the NDDC to invest in agricultural initiatives that would unlock and maximise the region’s agrarian resources for the benefit of both the region and the country.

While congratulating the commission on the silver anniversary, he called on the people of the Niger Delta to continue to support his administration’s programmes and policies.

Former President Goodluck Jonathan called on the NDDC to prioritise long-term, people-focused infrastructure over politically motivated short-term projects, saying frequent leadership changes have stunted the commission’s impact.

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“In just 25 years, the NDDC has had over 11 CEOs. I thank the President for retaining the current CEO.

“Let the next 25 years be defined by legacy projects, not just visions and promises. Resist the temptation to award projects without proper funding, ” Jonathan stated.

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Rechoing Jonathan’s concerns, the Senate President, Godswill Akpabio, blamed leadership crises and internal corruption for the NDDC’s historical underperformance.

Akpabio said, “For over 20 years, th3 NDDC operated from a rented apartment at N300 million per year, without connection to the national grid.

“Yet, diesel contracts were preferred over a one-time N70 million grid connection.”

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He lauded the NDDC Managing Director, Dr Samuel Ogbuku, as the right leader to reposition the commission, saying, “We have found in Dr. Ogbuku a man worthy to take NDDC to the next level.”

On her part, the Director General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala, urged the NDDC to deliver measurable results.

She stated, “Over N7 trillion has been sunk into the NDDC since inception. How many solid roads have you built? The Niger Delta still ranks low on human development. A lot needs to be done to meet the aspirations of the people.”

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The NDDC Managing Director, Ogbuku, assured stakeholders of a new era of impact driven by partnerships.

We don’t want to be defined by our past. We’ve decided to create a future for the Niger Delta through partnerships with IOCs, traditional rulers, and stakeholders,” he said.
(PUNCH)

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Transfer: Premier League Clubs Scramble For Dele-Bashiru

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Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

READ ALSO:Film Premiere: Edo In Talks With Embassies To Promote Safe Migration —Agazuma

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La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

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He has been a regular feature for Lazio this season.

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Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

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The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

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READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

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“This contradiction will no longer be tolerated,” the statement said.

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N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

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First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

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Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

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Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

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Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

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Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

READ ALSO:My Beef With Wizkid Is For Life – Seun Kuti

By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

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Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.

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