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The Minister of Works, Senator David Umahi, has expressed his willingness to address the House of Representatives’ investigation regarding the N15tn Lagos-Calabar Coastal Highway road project controversy.

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Umahi mentioned his intention to broadcast the event live on television so that it could be viewed by all Nigerians.

The minister emphasized that there is complete transparency regarding the project, affirming that both him and the Ministry of Works meticulously adhered to proper procedures and acquired all essential approvals and documentation before initiating the project.

He said, “I am ready to face the National Assembly to defend the project. I will not want to say anything now till I meet with the senators and House of Reps members. It will be live so you will also hear it. It will be live so that Nigerians will see it,”

“When people say the project is on personal interest, there is a contradiction there. This is because Atiku Abubakar said the Jonathan administration wanted to do that project which would have cost about $12bn or so. So, whose interest was that administration promoting in trying to do that project?

“I have a design from the NDDC (Niger Delta Development Commission) on that project. The NDDC designs are quite bulky. When I was implementing this current project, I had to call for the design. There is no personal interest in this project. The idea of that project came from the ingenuity of Mr President (Bola Tinubu) when he was governor; he was the one who procured the right of way within the Lagos corridor and gazetted it.”

“The reason for the project taking off now is all about how we can inject some activities into the economy. If we want to come out of inflation, we have to look at investments in infrastructure and that is what this project is addressing. It is addressing a lot of elements of return on investments. There is no personal interest associated with that.

“It is quite petty to ask why it is starting from Lagos and not Calabar. The name of the project is ‘Lagos-Calabar Coastal Road’ and not the other way around. This means there is a zero point, which happens to be at Ahmadu Bello Way, which coincides with the Eko Atlantic. That is pure coincidence. We have started the project already and it is progressing. As of today, I can tell you that about 80 per cent of the first 1.3km is completed.”

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Politics

House Approves 2025-2027 MTEF

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House Approves 2025-2027 MTEF
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The House of Representatives has passed the Medium Term Expenditure Framework and Fiscal Strategy Paper for 2025 to 2027 as submitted by President Bola Tinubu.

This followed the consideration and approval of the recommendations of the Joint Committee on Finance and National Planning which laid its report at Wednesday’s plenary.

The House adopted the projected oil benchmark prices pegged at 75 dollars per barrel for 2025, as well as 76.2 dollars and 75.3 dollars per barrel for 2026 and 2027.

Domestic Crude Oil Production Projections for 2025 is put at 2.06 million barrels per day representing a significant increase from 1.78 million barrels per day in the current year.

GDP growth rate is projected at 4.6, 4.4 and 5.5 percent for 2025 to 2027, respectively, while the projected exchange rate is pegged at 1,400 Naira to the US Dollar for years 2025, 2026 and 2027

The MTEF projections aim towards a realistic and sustainable foundation for Nigeria’s budget planning over the next three years.

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President Bola Tinubu has departed Abuja for Paris on a state visit in honour of an invitation from President Emmanuel Macron.

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President Bola Tinubu has departed Abuja for Paris on a state visit in honour of an invitation from President Emmanuel Macron.
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The president is on the trip alongside first lady, Oluremi.

They were seen off by top government functionaries led by secretary to the government of the federation, George Akume, chief of staff, Femi Gbajabiamila.

The presidential zero-one-one air plane took off at about twenty minutes past eleven this Wednesday morning.

A statement by the presidential adviser on information and strategy, Bayo Onanuga reveals that, the Nigerian leader’s three-day visit, which will focus on strengthening political, economic, and cultural relations and establishing more opportunities for partnership, promises significant benefits for Nigeria.

President Tinubu and his wife, are expected to be received on Thursday at the French military museum, Les Invalides and Palais de l’Élysée, by the host president, Macron and his spouse, Brigitte, for initial ceremonies that will dovetail into bilateral meetings.

The two presidents are also to harmonise positions on stimulating more interest in exchange programmes that focus on skill development for youths and improving their competencies in automation, entrepreneurship, innovation, and leadership.

Both leaders will witness a session by the France-Nigeria Business Council, which oversees private sector participation in economic development.

Wife of the host president, Brigitte and Nigeria’s First Lady are also scheduled to discuss the Renewed Hope Initiative and the interest for empowering women, children, and the most vulnerable in Nigeria.

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PRESIDENT BOLA TINUBU APPOINTS JAMI’U ABIOLA AS SSA ON LINGUISTICS & FOREIGN MATTERS

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PRESIDENT BOLA TINUBU APPOINTS JAMI’U ABIOLA AS SSA ON LINGUISTICS & FOREIGN MATTERS
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PRESIDENT BOLA TINUBU APPOINTS JAMI’U ABIOLA AS SSA ON LINGUISTICS & FOREIGN MATTERS

President Bola Ahmed Tinubu has approved the appointment of Jami’u Abiola as the Senior Special Assistant to the President on Linguistics and Foreign Matters.

A statement by Segun Imohiosen, Director, Information & Public Relations Office the
Secretary to the Government of
the Federation says the appointment takes effect from 14th of this month. It adds that the appointment is in line with the provisions of the Certain Political and Judicial Office Holders (Salaries and Allowances, etc) Act 2008, as amended.

It notes that until the appointment, Jami’u served as the Special Assistant to the President on Special Duties in the Office of the Vice President.

President Tinubu tasks the appointee to work closely with the Federal Ministry of Foreign Affairs and bring his wealth of experience to bear in his new assignment.

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