President Bola Tinubu has issued a stern warning to developers, advising them to steer clear of constructing on the designated buffer zones along the Lagos-Calabar Coastal Highway corridor. He gave the warning during the inauguration of the first 30-kilometre stretch of the highway in Lagos’ Lekki axis on Saturday. READ ALSO: Presidency rebuts Atiku’s claims, highlights economic progress under Tinubu Tinubu emphasised that the Federal Government would strictly uphold regulations concerning setbacks —the mandatory space between roads and buildings, typically ranging from three to nine metres. “These boundaries have been officially recorded and made public,” the president noted. “Any unauthorised development…
Author: Friday Omosola
The Economic and Financial Crimes Commission (EFCC) has handed over four properties forfeited by Rainbownet Nigeria Limited, a company owned by former Enugu State governor, Chimaroke Nnamani to the Asset Management Corporation of Nigeria (AMCON) in the state. The properties handed over include a bungalow, a wire house, and three duplexes located at Nos. 3 and 4 Pocket Estate, Independence Layout, Enugu; twelve rooms within a one-storey semi-detached building at No. 35B Abakaliki Road, Enugu; a six-room duplex at No. 3A Mount Street, Park Avenue, Enugu; and another six-room duplex at No. 3C Mount Street, Park Avenue, Enugu. EFCC Chairman,…
Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation (WTO), has called on African governments to adopt strategic policies that could position the continent as a vital player in global supply chains, particularly in the critical minerals sector which is gaining prominence in the global economy. She delivered this message yesterday in Abidjan during her goodwill address at the closing ceremony of the 2025 Annual Meetings of the African Development Bank (AfDB) Group. Emphasising the need for bold and visionary action, Okonjo-Iweala urged African leaders to capitalise on emerging trade opportunities like the African Continental Free Trade Area (AfCFTA) and push…
Nigeria has teamed up with the ECOWAS Parliament to accelerate progress on the ambitious Abidjan–Lagos highway project, a critical infrastructure initiative aimed at boosting trade, creating employment, and enhancing connectivity across West Africa. The Abidjan–Lagos Corridor represents the initial phase of the Dakar–Lagos Trans–West African Coastal Corridor (Trans-African Highway No. 7). This route is intended to connect West Africa with Central and Eastern Africa, stretching from Dakar through Lagos, Yaoundé, Bangui, and Kampala to Mombasa. READ ALSO: Tinubu: Fuel subsidies, corrupt FX crippled Nigeria for decades The Dakar–Abidjan–Lagos Corridor is a flagship project within the ECOWAS region’s segment of the Trans-African…
President Bola Tinubu has signed a new Executive Order aimed at reducing operational expenses in Nigeria’s oil and gas sector and attracting fresh investment, in a strategic push to restore competitiveness and fiscal discipline in the industry. The newly signed directive, titled “The Upstream Petroleum Operations Cost Efficiency Incentives Order (2025),” introduces performance-based tax incentives for upstream operators that achieve verifiable cost reductions aligned with standards set by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Under the new framework, companies that meet cost efficiency benchmarks can claim tax credits of up to 20% of their annual tax liability. READ ALSO: Tinubu…
Sodiq Oyewummi has been sentenced to 12 months’ imprisonment for stealing electrical cables from the Oke-Afa Wastewater Treatment Plant, a critical infrastructure operated by the Lagos State Wastewater Management Office (LSWMO). LSWMO, in a statement on Saturday, said Oyewummi was caught in the act by vigilant personnel stationed at the facility and was immediately handed over to the Lagos State Taskforce Environmental and Special Offences Court. He was arraigned on a three-count charge, including conduct likely to cause a breach of peace, wilful damage to government property, and theft of government property. READ ALSO: Lagos advances EMR rollout in primary healthcare…
The Federal Government (FG) has pledged strong support for the Nguru Emirate Council’s environmental sustainability efforts, particularly its ambitious tree planting programme, aimed at combating climate change and land degradation in Yobe State. The Minister of Environment, Balarabe Lawal, gave the assurance during a courtesy visit by the Emir of Nguru, His Royal Highness Mustafa Ibn Kyari, to the Ministry in Abuja. READ ALSO: Ekiti govt to add milk to FG’s school feeding programme Lawal confirmed the FG’s readiness to partner with traditional institutions in tackling environmental challenges. He announced that the Ministry, through its agencies—including the National Agency for the…
Bayo Onanuga, the Special Adviser to President Bola Tinubu on Information and Strategy has issued a strong rebuttal to recent criticisms made by former Vice President Atiku Abubakar. Onanuga in a statement posted on his social media platforms described Atiku’s remarks as unfair and driven by personal animosity rather than objective analysis. Reacting to Atiku’s condemnation of Tinubu’s economic policies and overall performance, Onanuga said the former vice president had failed to acknowledge the substantial reforms and progress achieved under the current administration over the past two years. READ ALSO: Atiku, Obi meeting disrupted by Jigawa delegates “Unless former Vice President…
The Independent National Electoral Commission (INEC) has confirmed that Ekiti and Osun States will hold their next governorship elections on 20 June and 8 August 2026, respectively. Mahmood Yakubu, INEC Chairman, disclosed the dates on Friday during the swearing-in of six newly appointed Resident Electoral Commissioners (RECs). Yakubu explained that, in line with legal provisions, INEC is mandated to issue election notices no later than 360 days prior to any scheduled poll. He noted that the commission has now approved the official timetable and schedule of activities for both states. “For Ekiti, the governorship election is slated for Saturday, 20…
President Bola Tinubu has congratulated President Mohamed Ould Cheikh El Ghazouani of Mauritania following the election of Sidi Ould Tah as the new President of the African Development Bank (AfDB) Group. Tah, a former Mauritanian Finance Minister and Director-General of the Arab Bank for Economic Development in Africa (BADEA), was elected as the ninth president of the AfDB during the institution’s Annual Meetings held in Abidjan, Côte d’Ivoire. READ ALSO: Rivers Emergency: Fubara hails Tinubu’s intervention in restoring order In a telephone conversation from Lagos yesterday, Tinubu commended the transparent and credible process that produced Tah as the successor to Nigeria’s…
