Business & Economy
Umahi engages party leaders in road projects monitoring, directs stoppage of shoddy
By Our Reporter
To save the nation from use of shoddy work on road projects,Minister of works, Engr David Umahi has urged the chairmen of All Progressive Congress (APC) across the country to join hands with the ministry to ensure that the ongoing road projects in their areas meet the quality test and standard spelt out in the renewed hope agenda of the present administration of President Bola Ahmed Tinubu.
The Minister also directed the party leaders to halt and report any shoddy job discovered on the ongoing road projects in the their domain to the ministry for appropriate action.
Umahi who stated this during the courtesy visit of the delegation of the Renewed Hope Strategic Stakeholders’ in his office in Abuja Tuesday, said the administration would not tolerate substandard jobs and would terminate any project that fails to meet up.
He hailed President Bola Ahmed Tinubu’s economic reform policies, saying the results of the reforms have started manifesting.
The minister said, the bold decisions on subsidy removal and naira flotation are revamping Nigeria’s economy in a sustainable direction.
He called on Nigerians to support the present administration of President Bola Tinubu in its efforts to change Nigeria for good of the people.
He maintained that President Tinubu’s administration inherited a challenging economic environment, stating that it has remained courageous and consistent in implementing transformative fiscal policies.
“The removal of fuel subsidy and floating of the naira were difficult decisions, but they have opened the space for long-term stability, self-reliance, and economic discipline,” he noted.
Umahi stated that contrary to initial concerns, the nation is already witnessing positive signs of recovery, while citing the drop in food inflation as one of the emerging benefits of the ongoing reforms.
“Our agricultural interventions and policies are beginning to stabilize prices in key markets, and this is just the beginning,” he stated.
Umahi further reiterated the administration’s commitment to promoting local content across sectors, especially in infrastructure development, stating that local engineers, contractors, and manufacturers are now being prioritized to ensure that wealth and jobs are retained within the country. “Economic growth will be sustained when Nigerians are the ones building Nigeria,” he stated.
The Minister commended the administration’s youth empowerment agenda, noting that many young Nigerians are being engaged through ongoing road projects, skills acquisition programmes, and empowerment schemes.
“President Tinubu understands that our youth are the greatest asset we have, and we are investing in them,” he said.
Umahi said Tinubu’s government is changing the narrative by reviving and completing long-abandoned road projects across the country.
“The President is personally committed to seeing all inherited and ongoing road projects delivered. It is not business as usual,” the Minister maintained.
Speaking, the National Chairman of the All Progressives Congress (APC), Dr. Abdullahi Umar Ganduje, who was represented at the event by the leader of the delegation, Alphonsus Ogar Eba, commended Umahi, for what he described as his unwavering commitment to President Tinubu’s Renewed Hope Agenda, particularly in the area of infrastructure development.
He noted that the ongoing reforms across various sectors are a clear demonstration of the APC-led government’s resolve to reposition the Nigerian economy and restore public confidence in governance.
“What we are witnessing under this administration is a practical translation of our party’s manifesto into visible action,” he said.
Business & Economy
Bayelsa Assembly Hopeful Unveils Blueprint On Human CapitL development
By David Owei,Bayelsa
Standard bearer of the Peoples Democratic Party (PDP) for Ogbia Constituency one in the 2027 elections into the Bayelsa State House of Assembly, Hon. Whoknows Azibola Odoko has said he would focus on human capital development, amongst others if he is elected into the State legislature.
Odoko stated this during a chat with Journalists in Yenagoa, the state capital yesterday.
Our source gathered that ex-President Jonathan is also a constituent of the Ogbia constituency one.
He said the era of voting for candidates who abandon constituents upon their elections was over, noting that there was nothing better than empowering and building constituents so that they can eke out a living for themselves.
The assembly hopeful averred that if elected, he would amongst other empowerment programmes roll out an educational support scheme for the training and retraining of his constituents.
He also pledged to facilitate the provision of jobs for constituents who have the requisite skills and credentials for employment, saying that under his stewardship as a lawmaker the constituency will heave a sigh of relief.
Speaking on the crisis rocking the PDP, the party’s candidate noted that all the major political parties in the country have their own share of problems, emphasizing that the Peoples Democratic Party would emerge stronger and more united on or before the 2027 polls.
He said: I’ll win the election. My popularity cut across party lines in the constituency and beyond. My teaming supporters are ready and willing to convert the goodwill I enjoy from across the constituency into votes for me come 2027.
“Upon my election I’ll institute an aggressive empowerment scheme in education, jobs creation and employment generation for my constituents.
“The era of electing candidates who don’t have anything to offer to the constituency is over”.
Business & Economy
Senate approves N2.285trn FCT 2026 Budget ……Allocates 76% to capital projects
By George Mgbeleke
The Senate on Thursday passed the 2026 Statutory Appropriation Bill for the Federal Capital Territory, (FCT) approving a total expenditure of N2.285 trillion for the administration and development of Abuja.
The approval was sequel to the presentation of the harmonised report of the Senate and House of Representatives Committees on the FCT during plenary.
Vice Chairman of the Senate Committee on FCT, Senator Austin Akobundu, presented the report on behalf of Committee Chairman, Ibrahim Bomai.
According to Akobundu, the budget is based on a projected revenue estimate of N2.385 trillion as it allocates N165.7 billion to personnel costs, N378.2 billion to overhead expenditure, and N1.741 trillion to capital projects across the territory.
He said 76.19 per cent of the total allocation is devoted to capital expenditure, while recurrent expenditure accounts for 23.8 per cent.
The appropriation, he added, complied with constitutional provisions and followed extensive consultations between the joint committees and officials of the Federal Capital Territory Administration.
“The committees met with the minister and other relevant officials of the FCTA and deliberated extensively on the subject matter,” Akobundu said.
Lawmakers described the budget as balanced and development‑oriented, with potential to accelerate infrastructure growth and improve security in Abuja and its satellite communities.
Deputy Senate President Barau Jibrin commended the proposal, calling it “top notch” and reflective of a strong commitment to infrastructural transformation in the FCT.
“Mr President, the budget is top notch. You know, I am the only one in the history of the legislature in this country that had the opportunity to serve as chairman of the appropriation committee in the House and in the Senate. So when I see a good budget I know it’s a good budget.
“A budget that has a total of N2.2 trillion and out of this, N1.7 trillion is going for capital shows his willingness and determination to continue to position FCT to the admiration of all,” he said.
Also contributing, Senator Abdul Ningi also described the budget as well‑packaged and balanced, noting that it addressed observations raised by the Senate Committee on the FCT during earlier budget reviews.
In his remarks, the Senate President Godswill Akpabio commended the committee for a job well done and urged the FCT Minister, Nyesom Wike not to relent in the development of the Territory.
Business & Economy
NNPC SCANDAL: HURIWA Blasts EFCC, ICPC, NASS, Presidency Over “CRIMINAL SILENCE” …….AS “Billions Vanish Without Accountability”
By George Mgbeleke
The Human Rights Writers Association of Nigeria (HURIWA) has expressed outrage, anger, and deep national embarrassment over the staggering failure of Nigeria’s anti-graft institutions and political leadership to act decisively on the monumental waste and alleged corruption surrounding the Nigerian National Petroleum Company Limited.
It is a massive national shame that despite over $2.4 billion reportedly sunk into the so-called Turnaround Maintenance of the Port Harcourt and Warri refineries, there is little to no tangible result to justify such colossal expenditure. Yet, those responsible walk free, uninvestigated, and unprosecuted.
In a statement signed by HURIWA’s National Coordinator Comrade Emmanuel Nnadozie Onwubiko, the group unequivocally condemned what it describes as the disgraceful inertia of the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices Commission (ICPC), which have failed woefully in their statutory duties to arrest, investigate, and prosecute those indicted in this apparent economic sabotage.
“Why are the officials responsible for this monumental waste not in jail?” HURIWA demands.
“What exactly are the EFCC and ICPC waiting for? Must Nigerians continue to tolerate impunity of this scale?”
Even more disturbing, HURIWA accuses the National Assembly of Nigeria of turning what should be a serious probe into a political charade designed to generate campaign slush funds rather than deliver justice.
“Otherwise, how do we explain the endless hearings without consequences? Why has no single high-profile conviction emerged from these investigations?” the group queried.
HURIWA did not spare the Presidency, holding Bola Ahmed Tinubu accountable for what it described as a “deafening silence and unacceptable inaction” in the face of what it called one of the most brazen financial scandals in Nigeria’s recent history.
“This administration cannot continue to look the other way while public wealth is looted in broad daylight. The President must act—decisively and immediately—or risk being seen as complicit,” the statement added.
The association warned that history would deliver a harsh verdict on all institutions and individuals who have failed to act.
“Posterity will judge this National Assembly harshly for what appears to be a dangerous connivance with corrupt elements within the NNPC to drain public resources meant for national development,” HURIWA declared.
HURIWA further described the latest move by the Nigerian National Petroleum Company Limited to enter yet another agreement with foreign partners as “a suspicious recycling of failed strategies,” insisting that without accountability, no reform can succeed.
The group, however, commended prominent industrialist Aliko Dangote for what it described as his courage in consistently speaking out against systemic corruption in the oil sector.
“At a time when many have chosen silence, Dangote has shown uncommon patriotism by drawing national attention to the rot in the system. His voice reflects the frustration of millions of Nigerians,” HURIWA noted.
HURIWA therefore demands:
Immediate arrest and prosecution of all officials linked to the failed refinery rehabilitation projects;
A transparent forensic audit of all funds spent on refinery maintenance;
Public disclosure of all contracts, contractors, and payment structures;
Immediate overhaul of anti-corruption agencies for failure to act;
An end to what it termed “legislative theatrics” in place of real accountability.
“Nigeria cannot continue like this. This culture of impunity must end. The looting of public wealth must stop. The time for action is now,” the statement concluded.
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