Connect with us

News

‘The Last One Year In Office Has Been Challenging’ – Tinubu

Published

on

President Bola Ahmed Tinubu has announced that the past year in office has presented significant challenges for the nation.

The Nigerian leader mentioned that he has been actively working to restructure and enhance the financial framework to deliver prosperity and relief to the citizens.

President Tinubu made these comments during the inauguration ceremony of engineering infrastructure in Lot II of Guzape District in Abuja during the week.

He said his government focuses on development that benefits the people by providing the necessary infrastructure and facilities to enhance their living standards.

Advertisement

During the inauguration, President Tinubu also honoured two roads in the Guzape region of Abuja after the literary icon Chinua Achebe and J.P. Clark, following the suggestion and request from the Federal Capital Territory Minister Nyesom Wike.

“Minister Nyesom Wike has provided exceptional leadership at a trying time for the country. It has been a very challenging time for us in the country. We are still retooling and rejigging our financial system to bring prosperity and relief to the people of this country.

“You have demonstrated the capacity to build a team, lead a team, and deliver on promises. I commend you,” Tinubu said.

The President, who hinted that the government would compensate those affected by the project, added, “To all of you here, to the District Head of Guzape, and to the representatives, litigation is not the answer. Compensation is the answer.

Advertisement

“Development that is focused on the people for economic prosperity and benefits is what we should pursue.”

During his address, the FCT Minister, Wike, shared that the original agreement, made in 2003 with a budget of ₦14 billion, was split into two phases named Lots 1 and 2, involving Dantata & Sawoe Construction Company Nigeria Limited and Gilmor Engineering Limited.

The Minister revealed that legal disputes marred the construction of the area, which encompasses 32 kilometres of roads, yet these challenges did not stall the project’s advancement.

He mentioned that about a year into their term, officials adjusted the project’s cost upward to ₦18.17 billion.

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Rupture In PDP Governors’ Forum deepens

Published

on

By Ojomah Austin.

 

The evolving fall-out, which comes barely days to the contentious National Executive Committee (NEC) of PDP, followed a back and forth between the Federal Capital Territory (FCT) Minister, Nyesom Wike and the Governors forum, who declared support for Rivers State governor, Siminalayi Fubara to be made leader of the party in the state.

After a meeting with some members of the party’s National Working Committee (NWC) in Bauchi on Wednesday, Governor Mohammed, said “According to our party’s constitution, any leadership vacancy should be filled by someone from the region where it originated,” stressing that Damagum would be replaced soon considering that he hails from North East and not the North Central.

Advertisement

Same day, Makinde, during the groundbreaking of the upgrading of Ladoke Akintola Airport, Ibadan, to an international airport, which was attended by another set of NWC members, led by Damagum, said he would support whatever decision the Damagum-led NWC would take to reposition the party.

Damagum, who is considered a close ally of Nyesom Wike, the Federal Capital Territory (FCT) Minister, was appointed acting national chairman after the removal of Iyorchia Ayu in June 2023.

Meanwhile, the Board of Trustees (BoT) of the PDP led by Senator Adolph Wabara, met with members of the National Assembly caucus in Abuja.

The close door meeting comes barely hours after the BoT met with Wike in Abuja.

Advertisement

While Wabara refused to comment on the essence of the meeting with the lawmakers, it was noticed that most of the lawmakers didn’t honour the invitation.

Continue Reading

News

Tears As Man Takes Own Life Over Tinubu’s Govt Hardship

Published

on

By Mario Deepromoter

Sad development in Marika village, Kiyawa Local Government, Jigawa, where a 40-year-old man, Jibrin Adamu, committed suicide by hanging himself.

According to eyewitnesses, Adamu’s lifeless body was discovered in a classroom at Miftahul Khairat Islamiyya and Primary School Gurdiba on Thursday.

Police spokesperson DSP Lawan Shiisu Adam confirmed the incident, stating that preliminary investigations revealed Adamu had struggled with mental health issues.

Advertisement

“Police received a report on Thursday that at about 1830hrs, a tragic incident was reported at the Command headquarters that one Jibrin Adamu ‘m’ age 40yrs of Jigawar Maroka village, Kiyawa LGA has committed suicide by hanging himself over the ceiling at Islamiyya school,” the Police spokesperson told Daily Post.

The Jigawa State Commissioner of Police, CP AT Abdullahi, has instructed officers to conduct a thorough investigation into the incident.

Continue Reading

News

Just in: Dangote Petrol Now Available at N765.99 Per Litre

Published

on

By Mario Deepromoter

11plc, Total Energies, AA Rano, and other marketers have begun lifting Dangote Petrol through Nigerian National Company (NNPC) Trading Limited for N765.99 to retail outlets nationwide.

Findings showed some petroleum marketers who were able to complete their payment process on the NNPC trading payment portal commenced the lifting of petrol earlier this week under the existing agreement between marketers and the refinery.

Tunji Oyebanji, managing director, 11Plc confirmed to BusinessDay on Thursday evening that some marketers have started lifting the products at N765.99 from Dangote Refinery through NNPC who remain the sole off-taker of product.

Advertisement

“We were among the first marketers to complete the payment on the NNPC portal. We have no direct arrangement with the refinery,” Oyebanji said.

It was gathered that NNPC Retail, 11plc, Total Energies, A.A Rano are among the marketers that have picked up products from the refinery.

He added, “We don’t know the contractual financial arrangement between NNPC and the refinery but what I can confirm is we are buying at N765.99 from NNPC to lift Dangote petrol”.

Efforts to get the Independent Petroleum Marketers Association of Nigeria (IPMAN) to confirm if its members have picked up products at the Dangote Refinery proved abortive at the time of writing this report.

Advertisement

See also Nigeria’s Petrol Landing Cost Revealed
Adedapo Segun, executive vice-president, downstream at NNPC said marketers cannot purchase petrol directly from the refinery because the product is still sold at a subsidised rate.

“That is the same thing happening with Dangote. I said earlier that Dangote is a company and it is going to sell at market price,” he told Journalists.

According to Segun, “The market value of PMS is still higher than what N766 or N765 or N799 that NNPC is selling.

“The situation has not changed there. So, NNPC’s off-taking is only because the others would not buy at the price Dangote will be willing to sell, which is reasonable.

Advertisement

“As soon as the price allows for it, you will see the marketers go to Dangote and buy.”

Continue Reading

Trending

Copyright © 2024 Naija Blitz News