Dr wike pls divide the country from your end else there is nothing you are gaining from the yahoo country where the head is in abuja and you are a branch in rivers, no federal project yet your money is being laundered to play politics up north. there is nothing being in abuja will do for you that you cannot do it for yourself from rivers. there is nothing power will do for you that money cannot do
Penguin2: Few days ago, snippets of BBC Africa Eye’s encounter with some notorious bandits in Zamfara was reported. Well, the full video has now been released and after watching, I felt I should let you guys see it.
FEW TAKEAWAYS:
First, there’s now conflict between Hausas and Fulanis in the north. Or let me restrict it to Zamfara because the reporter only covered Zamfara.
Second, both the Hausa and Fulani communities have valid grievances which successive governments have failed to address which gave rise to what we have now.
Again, you will see the brazen failure of government at constituent level. Deplorable educational and health infrastructure everywhere. You will shed tears for this nation.
Then you would see govt's insincerity, brazen lies and deceitful attitude towards the whole conflict. Like denying they paid ransom when they actually did.
WARNING: Graphic and gory contents and some tear-inducing scenes.
with the mixed economy america is practicing things are still getting hard, maybe they need to look at europe economic idea. environmental protection is not a rocket science
if you have studied in the nigerian tertiary institution you will understand why ASUU should remain in strike, it is not just about the staffs welfare, the needed infrastructure to run institutions are not there. ASUU cannot admit more than 100 students per department because of staffs capacity and capability and infrastructure. how do you expect 1 or 2 lecturers to handle a class of more than 500 students from other departments? science lab tools and computer equipments are not functioning if present, a lab class that 100 students wants to use can only contain 10 for a class of 1hr. how can other students use the lab in the same hour and then go to their next class. accomodations are rarely available for students, in an institution of more than 12,000 students barely 200 can get depleted accomodations and the rest have to struggle with time and transportation. national companies cannot subsidize students welfares in the form of scholarships and training so students have to work extra hours to settle bills. after all the frustration you expect ASUU to produce world class students. clap for yourself
iwaeda: The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has promised to engage the Infrastructure Corporation of Nigeria Limited (InfraCo), relevant agencies of the federal and Lagos State governments, as well as the private sector for the development of road infrastructure in the Lagos Free Zone to support the growing industrial activities at the Lekki-Epe axis.
He said this became expedient given the growth of industries in and around the Free Trade Zone, notably, Dangote Refineries and Tolaram Group, which have attracted economic activities and created heavy traffic in the area.
Emefiele spoke yesterday, during a tour of Tolaram Group’s industries, which occupied 850,000 acres of land with industrial investment pegged at $2.1 billion within the Lagos Free Zone.
According to him, InfraCo, in aiding the road construction, would decongest the environs of the Lagos Free Zone with the active collaboration with the federal and Lagos State governments.
Specifically, he said the commencement of the Lagos Free Zone will help overcome the Apapa-Tincan Island port congestion.
Emefiele also said that the apex bank would partner the federal and state governments to see how InfraCo could ensure cargo evacuation from the port area, describing it as a big issue.
He said the CBN had raised about N23 billion to fund road infrastructure, to facilitate smooth evacuation of cargo out of the port.
“The entire idea is that with this Lagos Free Zone Port, we should be able to see a total decongestion of Apapa and Tin Can Island Port purely from the standpoint that it would take the traffic away from Apapa.
“And we are also afraid that with the single road that we have, which is the Lagos-Epe-Lekki road, which is already congested with traffic, the situation is going to worsen, even with Dangote Refinery. Yes, it is something that we are seeing and I, coming here today and I’ve been to Dangote Refinery several times and I know how long it takes to drive by road.
“So, what I’m trying to say is that we have realised the problem. InfraCo, luckily, is chaired by the CBN; the InfraCo board has been formally constituted; there is a CEO in InfraCo and as soon as we leave this meeting, I will be calling on InfraCo to begin the engagement. I will also be involved in engaging the Lagos state government, as well as the federal government through the Federal Ministry of Works to see what can be done on evacuating out of Lagos, but also how we decongest the traffic for people living around this axis.
“I want to give assurance that this is something that would be dealt with. This would be middle to a long-term plan,” he said.
The CBN governor encouraged entrepreneurs and business owners to key into apex bank’s various interventions, stating that the CBN was keen on promoting industrialisation with long-term single-digit loans.
“For any entrepreneur that wishes to do business in Nigeria we will provide both Naira funding and will always advise that particularly if your revenue stream is in naira, I will not advise taking dollar loans. Take cheap Naira loans at single-digit interest rates with two years moratorium. I don’t think that you would ever find this again. I always encourage people to take advantage of it because it’s available as we want to drive industrialisation in Nigeria and get a manufacturing business back alive again.
“We would support not only the Tolaram Group or the Dangote’s or the BUAs; once you mean well and you want to do business in Nigeria, we would give you all the support you need,” he explained.
Emefiele noted that the Tolaram Group had made immediate plans to evacuate their products through the port to Ikorodu, Festac, and Warri to trucks, which for the immediate time don’t have road congestion impact. According to him, road expansion is a much-needed investment that would also aid export.
He said: “We are happy that this port infrastructure is here, it would have to deal with our problem of ease of doing business. Part of our problems about ease of doing business or in this case, ease of export, is that we find Nigerians want to export, they can export their goods out of Lagos Tin Can or Lagos Apapa port. People prefer to drive by road to transport their products and goods to neighbouring countries and ship them out of those countries and the implication is that Nigeria loses the benefit of being called exported from Nigeria.”
“I believe with this port and we are going to be engaging them, I’m happy the Customs and the Nigerian Ports Authority are involved; we would seek to also work with the Lagos Free Zone by having a dedicated export desk that would make it easy for goods to be exported out of this port. That is a very essential thing that we need to deal with because again, talking in a very selfish mode, we need foreign exchange. If we export, we earn foreign exchange, and I am going to start working with them to ensure that we designate the Lagos Free Zone as an export zone,” he added.
On how much CBN has supported the group, Emefiele said: “Certainly, over N100 billion has gone from CBN intervention under CRR or through agriculture credit route to the Tolaram Group. Don’t forget that this project is about $2 billion, which is about N1 trillion, and N100 billion is just 10 per cent. So, we have sowed a seed as well. At least N1 trillion has gone into this project and we have done about N100 billion, which is just around 10 per cent,” he stated.
The CBN governor further said that the bank would ensure it did everything possible to make the environment friendly for companies and businesses to thrive.
“So, we’re looking into how to make sure that the policy regulations are reviewed; we have our concerns about how free trade zones operate either tax exemptions or duty free exemptions and the rest of them.
“We would like to work with you to see how we would create a clear demarcation that separates companies that operate as free trade zones or operating in free trade zone from those that will not operate as free trade zone.
“Whereas you will also find that a company may want to operate as a free trade zone and at the same time operate the other way. So, we need to demarcate how this will work, such that it will not result in loss of revenue,” he said.
infraco should never forget to build needed infrastructures and core development in the southern part of nigeria where nigeria resources are gotten from to avoid agitation and also the bad eastern roads and their infrastructures. I don't know how much the south western states contribute to the 15trillion funding of the company, else that is corruption and injustice.
in which book did allah command these muslims to be terrorist to destroy lives and property and in which verse did their allah ban terrorist from taking their bath daily. have allah showed where the eternity of previous terrorist lies whether in the bottomless pit or the lake of fire. have islam terrorist seen any vision of Mohamed or any previous islam leader ruling in janah with allah?? or muslims leaders and followers are truly suffering from lack of western education, the same which allah has used to bring justice and good news to humanity??
flyinnizam: Hello Peeps, so after a long time and due to the fact that I travelled, I haven't been able to update you guys but I was sent this photos from home. The Chimpanzee is currently receiving treatment.
why must you kill human ancestors or is that another commandment from Allah
is this not a stupid idea? so nigeria or rivers state cannot set up an indigenous construction company that will cater construction needs after so many years of independence or their education is a waste if they keep transferring money to overseas company or what do they gain in return from this world power country??
Vote4ObiDatti: Hmmnn interesting! So this is why the EU are now desperate to restore peace in Eastern Nigeria? This is also partly the reason why they're subtly supporting Peter Obi to win the presidential election.
They know that the gas belt of Nigeria is mainly around Imo, Abia, Rivers and Akwa Ibom. With the secessionists fighting to break away from Nigeria, especially now they're armed will cause so much instability that no meaningful gas exploration and exploitation can take place. With IPOB spreading their tentacles around this region, how can any of these work?
Currently, oil theft has superceded official oil exports and only a smart legislation that gives the communities opportunity to earn directly from crude oil sales with caveat that no oil bunkering activity must happen for them to receive the revenue.
For the interest and progress of this nation, Peter Obi really needs to emerge as president. Since he is currently enjoying massive support and popularity in SS and SE, it will be easy for him to galvanize the locals in these regions and get their cooperation unlike BAT or Atiku. It would even be a disaster if BAT wins because he is already percieved to be anti SE and SS with his antecedents as well as having Muslim-Muslim presidency. With someone like BAT in Aso rock, secessionist struggle will reach alarming heights while Nigeria won't even see up to 100,000 barrels to export due to massive oil theft.
2023 elections is now a matter of life and death for Nigeria. Choose BAT and see the country go under or choose Peter Obi and watch Nigeria become peaceful and prosperous.
which south south state is peter obi enjoying massive support and popularity and what volume of oil and gas does the south east produce??. better shut up if u don't have any sensible thing to say instead of causing unnecessary tension.
Rostikol: Africa's top oil and gas producer and exporter, Nigeria, is the new focus of attention by European powers desperately seeking to wean themselves off dependence on Russian gas, following the latter's invasion of Ukraine.
why can't the stupid efcc probe the fg is their account balanced with their expenditures and how transparent is this system of their government. are the efcc too dumb to correspond to people's agitation?, how come the fg collects every revenue available yet can't account to any project or profit yet there are state who are doing quite well without any special intervention??