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Peter Obi tackles FG over Lagos-Calabar project
*Says, it may take about 30 years to be completed
By Francesca Hangeior
The presidential candidate of the Labour Party, Peter Obi, has tackled the Federal Government over the Lagos-Calabar coastal highway project.
Obi expressed his concern in a statement via his verified X handle on Monday.
According to him, there is a pressing issue of numerous uncompleted roads scattered across the country, many of which, according to him, have become hazardous death traps and security risks.
He maintained that embarking on another huge project that will not be completed in the next 20 or 30 years will only worsen the problem of abandoned, uncompleted projects that are not contributing to economic growth and overall development.
Obi suggested that given the state of the nation’s economy, prioritization and fiscal discipline should be the critical guiding principles, insisting that the project will worsen the already sagging debt burden.
The former Anambra State governor said most of those uncompleted roads have been under construction for several years and are unlikely to be completed any time soon due to poor and unplanned funding.
He said,“I have closely followed the comments and developments arising from the coastal (Lagos-Calabar) Super highway Project.
“While I’m hesitant to engage in contentious debates about its benefits, which I acknowledge, and the pricing, which I have serious concerns about, and believe should be thoroughly reviewed, I am compelled to raise essential questions about the timing and prioritization of such a monumental venture.
“At the forefront of my concerns is the pressing issue of numerous uncompleted roads scattered across the country, many of which have become hazardous death traps and security risks.
“It is disheartening to witness the plight of innocent Nigerians who traverse these dilapidated roads under perilous conditions, vulnerable to kidnappers and other dangers.
“Most of these roads, vital for economic growth, regional connectivity, and overall development, have been under construction for several years if not decades now and are unlikely to be completed any time soon due to poor and unplanned funding.
“The Federal Ministry of Works 2024 capital budget of N892,461,262,656.00, additional funding from multilateral loan projects of N94,828,535,243.00, alongside other expected contributions from sources like the China-Exim Bank and the World Bank, will not be enough for serious work on all the critical roads, some of which I enumerated above, let alone their completion.
“So, why embark on another huge project that will not be completed in the next 20 or 30 years? To do so will only exacerbate the problem of abandoned, uncompleted projects that are not contributing to economic growth and overall development.
“It will merely worsen our already sagging debt burden. Given the state of our economy now, prioritization and fiscal discipline should be our critical guiding principles now.
“Therefore, while acknowledging the potential benefits of coastal superhighway infrastructure, I urge prioritization of our existing uncompleted projects.
“We must allocate resources towards repairing and completing existing infrastructure, crucial for the well-being and safety of our society, before embarking on new projects, no matter their perceived benefits.
“Let’s prioritize the urgent needs of our people and ensure that our investments serve the collective good of the nation.
“In any development formula, the primary focus should be on completing and rehabilitating existing infrastructure rather than embarking on colossal new projects that may never reach completion within the next 30 years.”
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President Tinubu Leaves Brazil After G20 Summit
President Bola Tinubu has departed Galeao Air force Basa (SBGL) Airport, Rio de Janeiro, Brazil, on Saturday, for Abuja after attending the 19th G20 Leaders Summit in Rio de Janeiro, Brazil.
The President is due to arrive at the Presidential Wing of Nnamdi Azikiwe International Airport, Abuja, at 10.00 p.m. (Nigerian time).
President Tinubu had attended the G20 Leaders summit where he endorsed the global alliance against hunger and poverty, which he said was pivotal.
The President also held bilateral talks with Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), who commended his administration’s economic reforms and their positive indicators.
He also presided over the signing of a 2.5 billion dollar Letter of Intent between the Nigerian government and the JBS S.A., a Brazilian company and one of the top three largest meat processing companies in the World.
The president was accompanied in the trip by senior government officials including the minister of foreign affairs yusuf Tuggar, the national security adviser, Nuhu RIBADU and many others.
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HoR to lead historic march, other Key initiatives against gender-based violence
In commemoration of this year’s International Day for the Elimination of Violence Against Women, the House of Representatives will lead a landmark march on Monday, November 25, 2024, along with other strategic activities as part of its unwavering commitment to eradicating gender-based violence (GBV) in Nigeria.
This was contained in a statement issued by the HoR spokesperson, Rotimi Akin, Jr on Saturday.
According to him the march, which starts at 8:00 AM, will bring together over 1,000 participants – including Representatives and members of the public – on a symbolic walk from the National Assembly to the Headquarters of the Nigeria Police Force.
This demonstration of solidarity will culminate in the submission of a petition to the Inspector General of Police, demanding decisive action to safeguard vulnerable populations and ensure accountability for perpetrators of GBV.
“This march and the associated activities are not just symbolic gestures, they reflect our resolve and call to action against gender-based violence head-on,” said Hon. Abbas Tajudeen,, Speaker of the House of Representatives.
“We stand united in the fight to protect the rights and dignity of all Nigerians, especially the most vulnerable. Together, through collective action and legislative reforms, we can build a society where safety, justice, and equality prevail.”
Beyond the march, the 10th House of Representatives in alignment with its Legislative Agenda (2023 – 2027) has outlined *key activities to sustain awareness and action throughout the 16 Days of Activism:*
1. *Sash Demonstration Ceremony* – Tuesday, November 26, 2024
Members of the House will don orange sashes, symbolising solidarity with the fight against GBV, during plenary sessions throughout the campaign period.
2. *Convergence of State Assembly Speakers* – Monday, December 9, 2024
A strategic meeting at the Transcorp Hilton, Abuja, will bring together Speakers of State Houses of Assembly to discuss legislative strategies for combating GBV nationwide.
3. *National Citizens’ Summit and GBV Conference 2024 -* Tuesday, December 10, 2024
This summit will conclude the 16 Days of Activism with discussions on constitutional reforms and securing endorsements for gender equality initiatives championed by the House.
The House of Representatives invites all Nigerians to *participate in this historic march on Monday, November 25, 2024.* Participants will receive orange T-shirts—the official colour of the United Nations campaign to end violence against women—symbolising hope for a future free of violence.
*Details of the March:*
• *Date:* Monday, November 25, 2024
• *Time:* 8:00 AM
• *Starting Point:* Speaker’s Car Park, National Assembly
• *End Point:* Nigeria Police Force (NPF) Headquarters
Gender-based violence continues to devastate families and communities across Nigeria. The 10th House of Representatives however, remains steadfast in driving systemic reforms, fostering collaboration, and championing accountability to address this pervasive issue.
Together, let us take a decisive stand for justice, equality, and the protection of human rights, paving the way for a safer, more equitable Nigeria.
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