Economy

Dangote completes Nigeria’s longest concrete road

Makamba Online The Dangote Group has completed Nigeria’s longest rigid pavement located in Kogi State. It is the first of its kind, top engineers say. The 43KM Obajana-Kabba road constructed by Dangote Industries Limited (DIL), has been described by motorists as the country’s most strategic highway that is aiding travellers between the North and the South. Olatunbosun Kalejaiye, the Project Director, said he was excited that the Corporate Social Responsibility Project is being delivered for use by Nigerians, adding that while the rigid pavement has been completed, the company was dressing the shoulders. Site Engineer Samuel Obosi assured that the dual carriage way will be durable and less susceptible to potholes and repairs like asphalt road, adding that it would crash the rate of road acc...

Coronavirus takes toll on federal roads’ construction in Lagos

The ravaging effect of Coronavirus (COVID-19) was, perhaps, the biggest challenge faced by stakeholders in the road sub sector of the construction industry in 2020. As the virus gained ground, several contractors soon abandoned work and shut their operations, consequently, many hitherto gainfully employed Nigerians were thrown into the labour market. Even when the government later introduced partial lockdown measures, the number of workers on site was scaled down by many contractors in line with COVID-19 protocols, which slowed down progress of work. Virtually all road projects in Lagos State suffered the effect of the pandemic, with every project having its own peculiar challenge. The reconstruction of 46km Agbara-Seme section of the Lagos-Badagry Expressway project awarded to CGC Nigeria...

China possibly committed ‘genocide’ against Xinjiang Muslims

The Congressional-Executive Commission on China (CECC) said on Thursday that new evidence had emerged in the past year that “crimes against humanity – and possibly genocide – are occurring”. The CECC also accused China of harassing Uighurs in the US. China has been widely condemned for setting up complexes in Xinjiang that it describes as “vocational training centres” to stamp out “extremism” and give people new skills, but others have called them concentration camps. The United Nations says at least one million Uighurs and other Muslims have been detained in Xinjiang. Faith leaders, activist groups and others have said crimes against humanity, including genocide, are taking place there. Beijing denies abuse accusations. The CECC report called for a formal US “determination on whether atro...

Benue governor: Quit notice to Bishop Kukah a recipe for disintegration

Benue State Governor Samuel Ortom has warned that the quit notice by a muslim group demanding the Catholic Bishop of Sokoto Diocese, Bishop Mathew Kukah to tender an unreserved apology over his Christmas Day message or leave Sokoto State, is capable of causing the disintegration of the country. The Governor however enjoined all Nigerians, irrespective of religious and political inclinations, to uphold unity, peace and dialogue as panacea for the myriad of problems confronting the country. Reacting to the statement, the Governor who spoke through his Chief Press Secretary Terver Akase said the group’s statement was a contradiction of provisions of the Constitution which gives Nigerians the right to live freely in any part of the country. Ortom added that the statement of the group directing...

Ex-President Obasanjo: Bolu Akin-Olugbade was passionate about Nigeria’s unity

Former President, Chief Olusegun Obasanjo, on Thursday, described the late billionaire businessman, Bolu Akin-Olugbade, as passionate in his defence of Nigerian unity and was devoted to his roots. Akin-Olugbade was reported to have died of COVID-19-related complications, as a passionate Nigerian. Obasanjo said this in a condolence letter addressed to his wife, Chief (Mrs.) Oladunni Akin-Olugbade. Obasanjo remarked that Bolu would be greatly missed by his community, Local Government Area, State, and the nation in general, saying that all Owu people have lost a great son. The former President is the Balogun (Prime Minister) of Owu, where the late billionaire hails from. Obasanjo in the letter issued by his Special Assistant on Media, Kehinde Akinyemi, said in spite of his privileged backgrou...

PDP raps President Buhari over performance claims

The Peoples Democratic Party, PDP, yesterday berated President Muhammadu Buhari over his stewardship in the past five years, saying he has failed to justify the confidence reposed in him by Nigerians. This is even as the party noted Mr. President’s “illusory self-assessment” has validated its position that “he has since abandoned governance for the luxury and pleasures of Aso Presidential villa, having lost sync with the reality of the devastation his incompetent administration has brought to our nation in the last five years.” In a statement signed by its spokesman, Kola Ologbondiyan, the PDP insisted “that every fair criticism of Buhari’s administration only reveals a litany of failures and a reversal of fortune for our country in the last five years,” adding that, “it is unfortunate tha...

Abuja chamber welcomes FCT tax harmonisation

Abuja Chamber of Commerce and Industry (ACCI) has welcomed the plan by the Minister of the Federal Capital Territory (FCT), Alhaji Muhammad Bello to harmonise tax policies within the territory in order end multiple taxations on by businesses in the territory. The President of ACCI, Alhaji Abubakar, in a statement yesterday, commended the minister for acknowledging the challenges faced by businesses within the territory due to series of levies, charges and taxes from Federal, FCTA and Area Councils. “Multiple taxations within the FCT and the larger national economy has imposed crippling consequences on businesses. “The fallout has been many failed businesses, the rising level of inflation, the non-thriving of existing ones and the lack of capacity to engage many unemployed youths. “We want ...

US slaps sanctions on two foundations linked to Iranian supreme leader

The United States on Wednesday blacklisted two Iranian foundations controlled by Supreme Leader Ayatollah Ali Khamenei and their subsidiaries, saying the institutions enabled Iran’s elite to sustain a “corrupt” system of ownership over large parts of the economy. The designations announced by the US Department of the Treasury target Execution of Imam Khomeini’s Order (EIKO) and Astan Quds Razavi (AQR), their leaders and subsidiaries. These are the latest actions to reinforce the “maximum pressure” campaign on Iran pursued by US President Donald Trump’s administration. “These institutions enable Iran’s corrupt leaders to exploit a system of ownership over a wide range of sectors of Iran’s economy,” US Secretary of State Mike Pompeo said in a statement. US-Iranian tensions have risen since T...

Uganda election: Will Bobi Wine derail Yoweri Museveni’s sixth term bid?

As millions of Ugandans prepare to pick the country’s president this week, the stakes could not be higher. The run-up to Thursday’s vote has been marred by restrictions on campaigning, arrests of opposition figures and deadly violence. At least 54 people were killed in November as security forces put down protests by opposition supporters. Longtime President Yoweri Museveni, 76, is facing a strong challenge from popular musician-turned-politician Bobi Wine in his bid to secure a sixth, five-year term in office. Bobi Wine, whose real name is Robert Kyagulanyi Ssentamu, was just four years old when Museveni, a former rebel leader, came to power in 1986. In 2005, Uganda’s ruling-party-dominated parliament removed presidential term limits. And in 2017, lawmakers scrapped the age limit of 75 fo...

Abuja residents: Why we buy ‘second hand’ clothes

Some residents of the Federal Capital Territory (FCT) in Bwari Area Council say they patronise the clothes not only because of its affordability but also for the upgraded standard. The buyers spoke in separate interviews with newsmen at the Dutse-Alhaji market on Sunday in Abuja. The buyers were seen patronising the items from their dealers in the market, which was known for the cheap sale of second hand clothing in the district. Ada Micheal, one of the buyers, told newsmen that when it came to especially shoes, school or women bags, she preferred the second hand ones because they were almost new and last longer. ” Not all of these items you see here are fairly used; most of them are new or almost new. ” Some even come with tags from probably the stores they were initially hung for sale or...

Ex-Governor Ngilari: PDP is dead, will be buried in 2023

Former Adamawa Governor Bala James Ngilari, said the Peoples Democratic Party (PDP) has no future in Nigeria because it is a dying party. Ngilari said this at the state All Progressives Congress (APC) stakeholders meeting on Saturday in Yola. The former governor who defected to APC in 2020, was the PDP’s Adamawa North Senatorial Candidate at the 2019 general election. ” One of the reasons why I dumped PDP for APC is that PDP is a dying party. In fact, PDP is dead and it will be buried in 2023. ” Secondly, I don’t see PDP as an alternative for the future of Nigeria, because the contradictions in the party will make its members go to the graveyard and we will help them bury themselves. ” And the reason why I identified myself with APC is because of its laudable objectives that will take us t...

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