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Construction of $3.5bn Bakassi seaport to begin soon, says ICRC
By Francesca Hangeior
The Director-General, Infrastructure Concession Regulatory Commission, Dr Jobson Ewalefoh, has said that the construction of the 3.5 billion dollar Bakassi Deep Seaport would soon commence.
This is contained in a statement issued by the ICRC’s Acting Head of Media and Publicity, Ifeanyi Nwoko, in Abuja on Monday.
Ewalefoh made this known at a High-level Stakeholders’ meeting where a statement of endorsement for the port project was signed.
The ICRC D-G who said the construction would commence under the administration of Govenor Bassey Otu of Cross River State, assured that the project would be completed in record time.
He said that his assurance was premised on four things which include the fact that the government of the state had demonstrated great commitment and zeal required for the project.
Others he said were the newly streamlined ICRC Public Private Partnership processes; the securing of a financier for the project; and the support of all other stakeholders present.
Ewalefoh said the 3.5 billion dollar project whose funding has been secured from the African Import-Export Bank, is to be executed as a PPP project.
He said that the ICRC had streamlined its PPP processes to ensure they were faster than before.
According to Ewalefoh, we are not compromising standards, we are only making the process more efficient which I have commenced as the D-G of ICRC.
He assured the Governor of Cross River that the project would be completed under his tenure with the support of the Ministry of Marine and Blue Economy, the Shippers Council and all the stakeholders.
The statement read, “You have demonstrated that you have what it takes to do it, just like President Tinubu has given confidence to investors to bring their funds to Nigeria.
“This is not a project that you started, the baton was only handed over to you, but like the man on the last lap, you are running the fastest and you will cut the tape.
“With the team you have assembled and the activities that are going on, you will arrive at the destination of the Bakassi Deep Seaport.
“I am convinced that in your tenure, with your team, Bakassi Deep Seaport will be a reality to the people of Cross River state and Nigerians.”
The D-G said that the port was very important as it would diversify the traffic from the Western Port and serve as a succour to the Eastern parts of Nigeria.
He added that the Bakassi Deep Seaport is an Agro-Value-Chain port that will explore the potential in the nation’s agricultural sector in the South-South part of Nigeria, the North as well as all of Africa.
Ewalefoh thanked Afreximbank for believing in the state and Nigeria as he reassured investors that Nigeria was a choice destination for investment opportunities.
The statement said a high point of the meeting was the signing of the declaration of endorsement by all critical stakeholders to the projects including the ICRC and the Cross River State Government.
Others include the Nigerian Ports Authority and the Nigerian Shippers Council.
News
Photos: Tinubu has redefined infrastructure delivery in FCT – Wike
The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has said that the administration of President Bola Tinubu, has fundamentally redefined infrastructure development across the nation’s capital.

Wike made the remarks on Wednesday in Abuja, while addressing newsmen after he inspected some ongoing road projects designed to de-congest traffic and unlock development across the territory.
The minister inspected the ongoing construction of Arterial Road SI, from Ring Road II to Arterial Road S20 (Oladipo Diya Way) in Kaura District and Collector Road C2 in Life Camp to Arterial Road N5 (Obafemi Awolowo Way).

He also inspected the ongoing construction of Arterial Road N16 from Ring Road II to Ring Road III and the Jereton Mariere Street by the Apo Legislative Quarters in Gudu District, as well as the ongoing remodeling and renovation of the IBB Golf Course.
“We are happy because we can see that the administration of President Bola Tinubu has redefined infrastructure as far as the FCT is concern,” Wike said.
Expressing satisfaction with the pace of work and quality of execution, the minister said that the administration remained on track to deliver the projects ahead of the 2027 general elections.
He particularly expressed optimism that the Arterial Road N16 would be completed as scheduled, in spite of the complex terrain and heavy bridge construction on the road corridor.
He noted that in spite of the difficult geography, the firm guaranteed delivery by the first week of January.

“If that N16 job is completed, obviously, the entire area will be a different thing altogether. That is a very huge infrastructure landmark,” he said.
Speaking on the renovation of the IBB Golf Course, the minister reaffirmed that the club would be fully operational and ready to host major tournaments by November.
Addressing financial backings for the ongoing projects, Wike said that the 2026 capital budget had hit 60 per cent performance.
He added that in spite of initial delays in budget release that briefly affected contractor payments, funding flow had stabilised, enabling contractors to work at full capacity.
He dismissed political rhetoric ahead of the upcoming election cycle, while advising political office seekers to focus on presenting their records to voters rather than engaging in distractions.
News
Police Officer Allegedly Caught on Video Making Ethnic Remarks Against Peter Obi
A police officer has allegedly been captured on video making political and ethnically charged comments about Nigeria Democratic Congress (NDC) presidential candidate Peter Obi ahead of the 2027 general elections.
In the video circulating on social media, the unidentified officer, who appears to be dressed in Nigeria Police Force uniform and seated inside a vehicle, is heard claiming that an Igbo person cannot become president of Nigeria.
The officer also makes several unsubstantiated allegations against Obi, describing the former Anambra State governor as a “criminal,” “ritualist” and “Yahoo boy,” while claiming that he would turn Aso Rock into a “Yahoo office” if elected president.
The authenticity and full context of the video could not be independently established from the footage reviewed. The identity of the officer, his police unit and the circumstances surrounding the recording were also not immediately clear.
The officer is heard saying: “Igbo can never become president. No way. He will turn Abuja to become Yahoo office. They will take you to do rituals.”
He also questioned Obi’s suitability for the presidency and repeatedly referred to him as a “small child,” while comparing his political ambition with those of President Bola Tinubu and former Vice President Atiku Abubakar.
“Even if he wins, let oga (Tinubu) use money and deal with him. He will not enter that place. We will waste all his money and all his strength. All the votes they will cast for him in Igboland are useless,” the officer said.
At another point, he declared that the 2027 presidential contest should be between Tinubu and Atiku, while calling for Obi to be removed from the race.
“It is better to leave these elderly men to be controlling us. If Atiku can defeat Tinubu, accepted. Let elderly man control us. He is our father who trained us. Obi will turn that Abuja to become a Yahoo office,” he said.
The officer further alleged that there was a longstanding political tradition preventing an Igbo man or woman from becoming Nigeria’s president.
“Who will ever give Igbo man or Igbo woman a chance to become the president of this country?” he asked, adding that Obi would finish “in fifth position” in the 2027 election.
The video also contains references to former President Olusegun Obasanjo and past political arrangements involving the vice presidency. However, the officer’s account of those events was not independently verified.
Some passengers in the vehicle can be heard speaking Igbo and apparently challenging or condemning the officer’s comments.
The remarks have generated reactions on social media, particularly over the fact that the speaker appears to be a serving police officer in uniform while openly discussing partisan politics and making comments about an ethnic group.
Nigeria’s Police Act and police regulations provide a framework governing the conduct and political neutrality of police personnel, although it remains unclear from the available footage whether any formal disciplinary investigation has been opened into the incident.
Obi, a former governor of Anambra State and the Labour Party’s presidential candidate in the 2023 election, is now contesting the 2027 presidency under the NDC. He was formally nominated by the party after moving from the African Democratic Congress (ADC) to the NDC earlier in 2026.
The incident comes amid intensifying political activity ahead of the 2027 presidential election, with ethnic representation, regional power-sharing and the growing contest among Obi, Tinubu and Atiku featuring prominently in public debate.
As of the time of publication, the officer’s identity and the circumstances surrounding the recording had not been officially confirmed.
News
Fuel price: Lokpobiri asks NNPCL to explain to Nigerians why PH, Warri, Kaduna refineries are not working
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has said the Nigerian National Petroleum Company Limited, NNPCL, should account for and explain to Nigerians why its Port Harcourt, Warri and Kaduna refineries are not producing petroleum products.
He made this disclosure on Tuesday in an interview with Channels Television.
According to him, a brief from the Group Chief Executive Officer of NNPCL, Bayo Ojulari, showed that the state-owned refineries are not producing refined petroleum products after gulping between N23.84 trillion and N33.11 trillion on turnaround maintenance over the past two decades.
“The last brief I got from the GCEO [Bayo Ojulari] is that it’s very unfortunate that the Port Harcourt refinery, Warri refinery and Kaduna refinery are not producing today.
“But new partnerships are being negotiated with some Chinese companies to come and invest their money and see how they can rehabilitate.”
When asked if those who deceived Nigerians into believing that the refineries were working should be punished, Lokpobiri said, “Call NNPC, tell them to come and account for it. I will tell them to come. Let them come and explain.”
His comments came as Nigerians buy petrol for between N1,395 and N1,450 per litre in Abuja and its environs, worsening the cost of living.
Recall that the NNPCL, under its former Group Chief Executive Officer, Mele Kyari, announced the restart of operations at the Port Harcourt Refinery on November 26, 2024. However, on May 24, 2025, the plant was shut down.
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