₦airaland Forum

Seun,
AMINDA,

So this is how nairaland is being operated.

AMINDA:
Something smells fishy. First, Bayo Onanuga coming out unsolicited to tell us, "Tinubu is hale and hearty," and now, Otedola having dinner with Tinubu in France. What is conspicuous is that Otedola locked his comment section on Twitter. Meanwhile, the presidential aircraft was traced to Serbia. When is Tinubu coming back to Nigeria? His lackeys told us he will be back on Tuesday. Today is Tuesday. Bola, where are you? Blink twice if you can hear us.

Everyone is allowed to make his comments. I have expected nairaland to report the arrival of President Tinubu over an hour ago, up till now, it has not been reported.

alezzy13:
Kai!!😮😮🥺

Am not a Tinubu fan but those comments are too brutal haba.

If such comments are made against OBI or ATIKU the nairaland moderators will delete your posting and ban you.

Everyone is allowed to make his comments. I have expected nairaland to report the arrival of President Tinubu over an hour ago, up till now, it has not been reported.

Port Upgrade and construction of New Deep Seaport are mainly based on Rate of Return on Investment. For example, there are many Port Infrastructure Upgrades going on at Major Seaports in Africa. In West Africa alone we have major Seaport infrastructure upgrade going in Abidjan, TEMA , Lome and Cotonou. For several years, some Nigerian Cargoes are delivered to Ports in Lome, Cotonou and even Ghana.

GHANA
Ghana’s $1.5 billion Tema Port upgrade is igniting a regional trade competition as it seeks to reshape West Africa’s shipping landscape, challenging Togo’s Lomé, Côte d’Ivoire’s Abidjan, and Nigeria’s Lekki Deep Sea Port. The expansion, which triples Tema Port’s capacity to about 3 million containers per year.

DANGOTE
When Dangote said they brought over 100,000 containers for construction of the Refinery and Lagos Port doesn't have facilities to receive the Cargoes, he had to use LOME Port. Some people were asking why didn't he use Warri or Port Harcourt Port? There are many things about Shipping that people don't know.

Togo population is about 9.5 Million people but LOME have the Busiest Port in West Africa. It is not just the Busiest Port because it's a Freeport. A Busy Port must have infrastructure, technology and people to receive the ships and the Cargoes.

While Countries in the regional bloc upgrade their PORT facilities to contest for patronage in the region, in Nigeria, any attempt to upgrade Lagos Seaport become an ethnic tension. Even when Private Investors on their own come to make commitments for Deep Seaport in the South West, it becomes an Ethnic tension. A Lawyer from Plateau State who was a former Minister was on a Social Media platform giving false information about MOU signed for the construction of Deep Seaport in Ogun State by Private Investors. Was he expecting Ogun State Governor to take the investors to another State? Was he expecting Tinubu not to grant operating consent to the project? Why are we attracting Foreign Investors?

valentineuwakwe:
No deep seaports approve in the whole of the south east and the leaders there kept mute.....

Over to Gov Soludo, Uzodinma and offcourse, Hon minster Dave Umahi

Is there any Deep Seaport Project that was brought to Federal Government for approval and support that was rejected?

When OBI was the Anambra State Governor and also Honorary Special Adviser to Goodluck Jonathan on Economy and Anyim Pius Anyim was the Secretary to Federal Government during the period Crude oil was sold above $120 per barrel, was there any Deep Seaport Project initiated by Peter OBI and Jonathan in the South East? Remember, Lekki Deep Seaport is a Private sector initiative. ATIKU was one of the Major Promoters of Badagry Deep Seaport Project before he channelled his energy elsewhere.

Federal Government approved Bakassi Deep Seaport Project for Cross River State several months ago.

Investment: Estimated at approximately $2.27 billion in private capital investment, with an additional $3.5 billion secured through a partnership with the African Export-Import Bank (Afreximbank).

Partnership Structure: Developed under a Public-Private Partnership (PPP) framework, featuring a shareholders' agreement where UAE-based port developer Arise IPP holds an 80% stake and the Cross River State Government retains.

This is the kind of partnership that Ogun State Governor entered with investors to develop the Seaport for the State.

Alphafarms:
This is just to deceive the soul called South South people, for tension not to be raised so the Ogun sea port can fly.

I can bet me ass, nothing will be done bookmark this page

Is the Ogun State Deep Seaport a Federal Government Initiative? Is the Proposed DANGOTE Deep Seaport a Federal Government Initiative? Is the Bakassi Deep Seaport Project in Cross River State a Federal Government Initiative?

malali:
Dangote Refinery IPO is a scam

The IPO is aggressively priced and based on the evidence available feels more like hype than demonstrated value

A roughly 20 billion dollar construction bill being used to justify a roughly 50 billion dollar valuation while floating only about 3.3 percent without a long independently demonstrated record of recurring quarterly profits is a major valuation red flag

He is selling it to you like a company that has already declared 20 years of steady profits

Imagine buying a goat for 20 naira I pluck a few hairs from the goat sell them to you for 10 naira and tell you that is 3 percent ownership Then I promise that when the goat delivers you will get 3 percent of the profit

If the baby goat sells for 10 naira I can decide to give you 1 naira and reinvest the other 2 naira

That is the problem

Instead of buying tiny pieces of someone else's goat business why not find other investors and build your own

Dangote did not become the richest Black man by sharing profits generously with shareholders

Name 3 people who became dollar millionaires by investing in Dangote companies

In America plenty of people have built wealth by investing in companies because those companies actually return profits to shareholders

Do not let the IPO hype make you forget what you are actually buying

What is your problem with Dangote? We have done serious analysis on people making negative statements against Dangote Refinery's IPO on different Social Media platforms and discouraging investors and found out about 95% of them are from the same people. Dangote is not on competition with anybody. This is not DANGOTE and IBETO Cement issue. This is not the case of investors investing locally to build industrial revolution while another is doing importation and packaging in Port Harcourt.

We have institutional investors and International business communities observing what is happening in Nigeria. Frustrations and bitterness should not make you de-market and blackmail a Nigerian Brand being projected to the World.

RaySimran:
Ramophosa is hospitalized following his return from India.

Tinubu had a beef with Chicago, so to avoid being an African Maduro he borrowed some sense from the Wizard of Oz.

El Sisi's reason of absence is still unknown.

You are the Private Secretary to South Africa and Nigerian Presidents. I am still waiting for you to confirm while Egyptian President is not there.

President Donald Trump boycotted the November 2025 G20 summit in Johannesburg, South Africa, citing false claims of persecution against white Afrikaners. On the issue of Israel and Iran, South Africa had been on the side of Iran . Sickness or no sickness, a President has the right to choose where to be based on Priority.

The World knows the three major economic powers in Africa are South Africa, Nigeria and Egypt.

tonesky:
Wike was allowed to rewrite the results because the people were angry with Amaechi for selling out Jonathan . In 2023, the people thought there were will be free, fair election. But now we all know it's rigging because the president himself knew he can't win under free , fair election. The game will change.

I like to contribute to mature discussion except on few occasions when I just try to keep myself busy while waiting for an appointment.

Rewrite results (2015) shows you still remember that episode and the Drama of University of Petroleum, Effurun's VC who was the Returning Officer. In the game of life, It is not enough to work hard, you must work smart. The result was not rewritten in Abuja because APC(AMAECHI) won. If the people were angry with Amaechi for selling out Jonathan as you said, then they voted against Amaechi, which means WIKE defeated Amaechi in 2015. Rewriting of result is because of Kano, Kaduna and Jigawa block and high Votes.

In 2023, Amaechi an APC leader in Rivers State took APC apparatus and machineries in Rivers State to vote against Tinubu an APC Candidate. Rivers State APC held Press Conference thrice informing people that WIKE was planning to rig Rivers State election for Tinubu. I was confused the first time the Press Conference was held. APC State Headquarters addressing Press about a personality supporting their candidate? It was the second press conference I knew what was happening. Amaechi took away Rivers State APC to work for ATIKU (PDP). WIKE delivered on his promises. A loser must always have excuses. Imagine Oyetola going to Court again in 2026 after the Court he went after losing in 2022.

This time around, the opposition was extremely weak compared to 2015 and 2023. They are just on Social Media. The only weapons and hope they have is Spiritual Attacks against Tinubu's health and Court cases. Tinubu's health will improve against the wishes of Bishops, shrines and Priest.

spencekat:
Just talking political trash.

Wike is very strong and highly cerebral. I will always analyze Wike from Rivers election of 2015 and 2023. In 2015 when Amaechi was fighting the battle of his life against Jonathan, Wike was a Minister while Amaechi was the Governor. Wike told Amaechi he cannot deliver Rivers State to Buhari, Wike maneuvered the RIVERS State result against Amaechi's wish. Most of know what happened but it was a game. In 2023, the same thing happened again.

dmexy33:
I have been a broker, a financial adviser and a Financial technology expert for more than a decade, I was very disappointed to see everyone buying DANGOTE REFINERY IPO and nobody, not even one expert in the field spoke on the implications of owning a share in the IPO.

DANGOTE has read the handwriting on the wall so the decided to go public with his refinery IPO. Now let's look at the reality on ground:

1. Why is DANGOTE going public with the IPO?
I know it is hard to believe but you must understand that after the second world War and the formation of OPEC, The global CRUDE OIL supply became an international product i.e the price of a barrel of crude oil in Saudi or Iran or Venezuela will be the same with the Price of a Barrel of CRUDE OIL in Nigeria. Sometimes there are slight differentials in price but the difference is never more or less above or below $20. So with the war raging in the middle east and has driven the price of CRUDE OIL to over $120/barrel, Fuel at the pump has become more expensive and the war will not stop anytime soon and there is a possibility that we will experience an energy crisis due to fuel being very expensive and unaffordable. There is a possibility that a barrel of CRUDE OIL will hit $500/barrel in 3-4yrs. This is part of the process of phrasing out fossil fuel i.e petrol from being used globally like was done in China and being implemented in the UK. So DANGOTE has read the handwriting on the wall and decided to sell the Petrol refinery to the Nigeria people who ignorantly and blindly rushed it without thinking. Olodo uprising indeed.

2. Will you make profit from the buying into the DANGOTE IPO?
Yes, of course you will. But this is how it will happen; Due to exchange rate differentials, since the war in the middle east and Ukraine_Russia isn't ending anytime soon, it is projected that oil price will continue to go up hence, as oil prices skyrocket and the price of refined oil i.e Fuel at the pumps also continues to rise, you can expect you shares in DANGOTE REFINERY to continue to go up. Basically, as DANGOTE REFINERY SHARES PRICE goes up, cost of living for NIGERIANS WILL GO UP.

3. I see all these content creators and even other Nigerians talking about how they are monitoring DANGOTE trucks and calling DANGOTE, etc
All I have to say is that 99% of Nigerians are olodos. Go and read the agreement, find out what kind of share holder you are and stop disgracing yourselves. When you buy shares in the Dangote Refinery IPO, you become a part-owner of the company, but your role is strictly hands-off. You have no say in the day to day running of the company. #olodouprising.

I didn't read this your article having checked your nairaland history and found your article only on Romance. Which means by profession you said you are a stockbroker but a freelance writer on Romance.

I didn't want to talk about Dangote Refinery's IPO because there are many institutional investors and several other private investors involved. Your article and another topic asking questions about why CHINESE didn't reduce the prices of their Cement is almost the same and from the same people with the same negative mindset. When some people advised Government to ban Chinese from Retail businesses in Nigeria and we responded that Government should allow them because of their ongoing investment in Warehouses and Factories in Nigeria. They asked us why is Chinese not venturing into Cement Business. We know they asked the question because of DANGOTE. From that question we know they are traders and not informed. When they were told Chinese spent $1 billion to acquire the largest shares in Lafarge Nigeria, they became confused and resorted to attacks on Facebook.

You and the person asking about why CHINESE didn't reduce price of their Cement in Nigeria are too inexperienced for the tasks given to you.

From the topic, since I didn't read the article, you want to waste people's time and interest. Dangote Refinery is a Critical National Asset despite being a Private initiative. It was people and investors that have been asking him about when the shares would be sold before he went to Stock Market.


Dangote advertisement in New York “Made in Nigeria. Built for the world,” is a celebration of Nigeria as a Nation.

Mccullum:
Many Nigerians are skeptical about this, but in life, if you cannot take a risk, it's also a risk.

It is not the issue of skepticism, it is an issue of blackmail. On various Social Media platforms I have to tackle them. The Blackmail was so much as if the success of Dangote Refinery's IPO is the end of their lives. They Blackmail the IPO and discourage investors as if the failure of the IPO is the only lifeline they need for survival in Nigeria.

Firstly, they are intimidated by the electrifying wave of expectations generated with the announcement of the IPO several months ago all over the world. They see the impact as a result of the positive outcomes from the Economic Reform of the Federal Government. As, such, it must fail. They took upon themselves the duty of discouraging investors so as to frustrate the IPO success.

They have forgotten that Dangote Refinery is a Critical National Asset despite being a Private sector initiative. We need to have about 10 Dangote in Nigeria. This can only be possible through Government institutions and people support.

A Chinese Firm bought Lafarge Cement (the 2nd or 3rd largest cement company in Nigeria) from Lafarge parent company based in Europe for $1 billion. We should have group in Nigeria that is strong enough to establish or acquire very large Industries in several African countries and develop them.

This is not about Competition between Dangote and IBETO it is about the development of Africa Economic Tigers that are strong enough to open up Africa to economic prosperities and development.

Odewaleadesoye:
Who else experienced the crazy traffic around Iyana-Oworo, Ojota, Berger and the Lagos-Ibadan Expressway yesterday?

I was travelling yesterday and spent over four hours just trying to get to Ikeja.

At some point, I had to turn off around 7UP and try the Secretariat/Alausa route, thinking I would escape the traffic. That side was also seriously blocked because many other motorists were apparently trying the same alternative routes, while some still needed to connect back to the expressway.

It was crazy.

I later found out that the major problem was around Kara Bridge on the Lagos-Ibadan Expressway.

Repair work is already ongoing on the bridge, with some lanes restricted. Then yesterday, accidents involving heavy vehicles around the Kara axis made an already bad situation much worse.

The traffic eventually stretched through Berger and reportedly as far back as Iyana-Oworo, also affecting traffic coming from the Third Mainland Bridge.

Reports this morning say some motorists were trapped in the gridlock for several hours.

The Kara Bridge repair itself is expected to continue until September 22, so people who regularly use that route may need to plan their movements carefully for now.

I am also hearing that the traffic is still bad today and that some ride-hailing drivers are already cancelling trips around the affected areas. I haven't independently confirmed that part yet.

Who else experienced yesterday's traffic?

How many hours did you spend on the road?

And for those around Berger/Kara today, what is the current situation?

The traffic is caused to a large extent by Tinubu's vacation. I spent 8 hours in traffic yesterday because of that traffic bottleneck. Up till now, I was told by Okada boys that the traffic is still there.

Seunmsg, you can see what Tinubu's vacation is causing. What I witnessed yesterday is purely absence of governance. That is Government on vacation. Firstly, Nigerians are not law abiding. Initially, early in the morning around 6.30a.m there was a trailer's accident and few metres there was another accident on the same Kara Bridge. These accidents have nothing to do with repairs job going on at the bridge intersection but carelessness on the part of the drivers.

The most painful aspect was that as early as 6.30a.m , commercial buses have started take ONE WAY ILLEGALLY. By noon, towards evening ONE WAY DRIVERS have taken over the inbound Lagos Route. This is where TINUBU VACATION became so pronounced. UMAHI doesn't have anything to do here. The blame is purely that of Ogun State Governor, The Nigeria Police, Federal Road Safety and Lagos State Governor. At Ogudu, Secretariat and Berger, everybody was blaming the construction going on at Kara Bridge. We got to the construction point on the Kara Bridge before we saw that the traffic was actually caused by Traffic Bottleneck Congestion at the U - Turn junction at Fatgbem Bus stop just before entering the Long Bridge. ILLEGAL ONE WAY DRIVERS from Lagos using the Inbound Lagos Route have blocked Motorists coming into Lagos. They were forcing their way into the Outbound Lagos Route by force thereby obstructing vehicles coming from Lagos and those vehicles making U - Turn. You now have four different types of vehicles with different missions at the same point. That created confusion and chaos and crisis.

Where are Government agencies? Where are Government institutions? I don't want to continue.

abc115:

"I will not disadvantage Uncle Tinubu to unnecessarily promote Baba Atiku, Peter Obi, and others.

Peter Obi did not dropped me, i left him because he doesn't have a plan for Nigeria."

— Datti Baba-Ahmed https://t.co/ANUWfr4725 pic.twitter.com/uLNdIGC9Cs

— TallJohn🌍 (@JohnFanimokun) September 13, 2026

2031 Northern Presidency Contest has started long term ago. I know Mallam Hakeem Baba Ahmed is a personal friend of Mallam Nasir El Rufai.

Mallam Nuhu Ribadu and Mallam Nasir El Rufai are no longer friends. Mallam Nasir El Rufai fought for President Tinubu's Presidency. At this point, the Presidency should give Mallam Nasir El Rufai freedom. With three months to election, I don't think he can do anything again.

2031 Northern Presidency requires deep thinker and energetic personality. I believe different schools of thought and Northern Elders and traditional leaders are silently observing and monitoring situations.

I can see that Datti Baba Ahmed and Mallam Nuhu Ribadu are the first two Presidential Candidates for now. Others are coming out soon.

As President Tinubu has started his succession plan looking for the most suitable candidate, I wish Mallam Datti Baba Ahmed, Mallam Nuhu Ribadu and all other future contestants best of luck.

2031 is here already.

Seyi8750:
Dangote refinery ipo will be next. People will
Learn the hard way.

Since 2017 your people attacked the Refinery project til 2024. When the Refinery started to work, your brothers now shifted position to the government accusing government of frustrating the Refinery. Now, the Refinery has gone to Stock exchange to raise fund for expansion, your people are on different topics associated with the IPO to discourage investors.

Serious investors don't follow information on nairaland.

Another information

Saudi produces 7.2 million barrels of oil per day with a population of 38.4 million people.

Iran produces 4.5 million barrels of oil per day with a population of 90million people.

Libya produces 1.4 million barrels of oil per day with population of 7million people.

Nigeria produces 1.7million barrels of oil per day with a population of over 250million people .

So, Nigeria is not an oil rich country but just an oil producing country. It would be very difficult for government to continue to subsidize refined petroleum products.

Ofunaofu:
Source

Daniel Bwala Reacts As Rufai Oseni Says He Wants To Interview President Tinubu




Source

The young man is too crude and uncivilized to interview elder Statesmen, except those struggling Statesmen that are ready to enter gutter with him for political survival. Nduka Obaigbena, John Momoh, Cyril Stober, Frank Oliseh, Sienne All well - Brown, Ruth Benamaisia Opia and Eugenia Abu are very Urbane, civilized, cultured and very refined to interview elder Statesmen. That young boy is not refined at all.

AMINDA:
Atiku’s subsidy proposal has rattled the APC from top to bottom. From the presidency to the governors to their online hirelings who are equally feeling the brunt and will likely vote Atiku when their sponsors aren't looking over their shoulders. Below is an example of one. Nigerians may appear to be laidback and docile but many won't vote against their economic realities and standard of living. This doesn't mean they won't collect the gigs and earn their pay.

https://www.nairaland.com/8746200/dangotes-warning-exposes-tinubus-falsehood

In the above link, there is no explanation there. It was only an attempt to say I am on the same page with Dangote. Nigeria cannot develop alone. Whatever decision is taken, countries in West and Central Africa must be considered. If we are using single currency ECO, the rate to a Dollar must be universal or almost universal in all the ECOWAS countries. The value of ECO to a litre of fuel must not be different too much among the member states.

axglide:
Bamanga Tukur (CON) (15 September 1935 – 12 September 2026) was a Nigerian businessman and politician who served as Minister for Industries in the administration of General Sani Abacha during the 1990s. He was one of the high-profile civil servants and military officers who acquired large areas of farmland along the various River Basin authorities. He was the life patron of ABR. He was president of the Africa Business Roundtable in 2012. From March 2012 to January 2014, Tukur was National Chairman of the People's Democratic Party (PDP).

Wikipedia just lumped many things together. Describing him as one of the high profile civil servants and military officers who acquired large areas of farmland along the various River Basin authorities is wrong.

He has been sick for a long time. He has finally gone to rest. May his soul rest in peace.

I visited his office (Daddo Maritime) at Kariko Towers, Apapa over a decade ago. I saw an advert today advertising Kariko Towers, Apapa for sale, few hours later, I heard of his death. I wouldn't know if he is the owner of that building.

Dijita:
Whoever said that is visionless. There is always an obstacle to everything tangible worth doing. We are human, we are meant to overcome obstacles.
Difficult terrain should not make a mega project unachievable. if you can not go through a terrain, you build over it or around it. That is what is making the Ondo people shout. The truth is that the road will be build, what was said not achievable will be.
If the Ondo coast is bypassed, another government or the state will build and connect them in the future. If they don't build the road, they would syphoned the money to foreign account anyway.

Ijebu people says if you are wise, you will reject incomplete money into your pocket i.e. if someone owed you money say #50,000 and bring #10,000, its foolish to reject the #10,000 until the debtor bring the whole #50,000. You collect the #10,000 and shout at the debtor that I am not going to take this from you. You have to pay me the whole #50,000. If you don't, you may loose the whole #50,000 instead of #40,000

I rejected your analysis, and, "ako rapo ramko Owo" our IJEBU proverb does not work here. Contrary to the insinuation of people that it is the terrain that caused the detour to EDO, I believed it is politics. If PDP had been the governor of EDO, that road wouldn't have made a DETOUR to EDO. My anger is that the original plan should have been maintained. In 2024 when UMAHI announced that President Tinubu had given approval for EDO to be included in the project, I have nothing against it but when he mentioned it would add additional 100 kilometers I know there is problem. Nobody envisaged that inclusion of EDO would change the project from Coastal Road to an inland road in Ondo State. Engr UMAHI, that is not acceptable. It is better for the Project to be STOPPED. There is nothing like the acceptance of little part of money here. If the Project is not Coastal Highway Road in ONDO, it should be stopped. AFENIFERE should reject it. Why not follow the initial plan? Later, you can construct road from EDO to the coastal road in Ondo State.

Ashirioluwa:
Getting sick frequently can make a person look older than they actually are.

Depression greatly caused sickness. Great betrayal causes depression.

If you look at Tinubu's picture when he was in Mobil oil, when he was a Senator , when he was a governor and now, you will observed that Tinubu became old very fast during BUHARI's government and this happened drastically immediately Ajimobi died and Oshiomhole removed as APC Chairman.

The period Obaseki and Oshiomhole had tussle and Obaseki moved to PDP and disallowed House of Assembly with majority of APC members from functioning supported by BUHARI Caucus at the Aso Rock was a very tough time. Politically in the history of Nigeria, you have the Presidency supporting the opposition governor against the Party members at the grassroot.

Psychologically. That was the time Tinubu's health deteriorated. To worsen the matter, Osinbajo, AREGBESOLA, Fayemi and OJUDU whom he relied and trusted so much betrayed him and AMAECHI moved the RIVERS State APC Machinery against Tinubu in Support of ATIKU. That is why TINUBU should always be grateful to WIKE.
Nasir El Rufai also supported Tinubu. Most of the people I see around Tinubu now are Fairweather friends.

The betrayal that hurts the most often comes from someone close to you. An enemy cannot easily reach your back, but a trusted friend can. This has killed so many great men. TINUBU is alive today by the mercy of God.

Many people do not deserve a chair in our lives, let alone a bed to sleep on. Yet, because we are human, we continue to make excuses for them and give them another chance, hoping they will change. But a leopard does not change its spots simply because you treated it kindly.

When people you laboured so much to transform their lives betrayed you and when people you trusted so much betrayed you, if the Grace of God is not at work in your life that would be the end of your life.

SatanIsAllah:
It's not rare, rather I would say it's magical because the photographer managed to achieve the impossible. He made something ugly to look slightly less ugly

In this Image, Tinubu was the third person sitting while ATIKU listened to what Ooni Okunade was saying. In that picture, suspected to have been taken between 2001 and 2002, Tinubu looks very young .

U09ce:
The area in contention is the section bordered in red, a terrain inhabited by the Ilaje. They allege that FG have deviated from the coastal alignment which would have connected their communities, and deviated further inland to Edo State.

The FG had earlier announced that the coastal road would include a 100km in Edo State. Many commentators were curious as to why the state was included since it has no coast.

Could it be that Mr Umahi and his people are avoiding the difficult terrains particularly in Delta, Bayelsa and Rivers states? Could a road 100km inland still be called a 'coastal road'? Or will the road into Edo later retrace itself back to the coast? All these are questions begging for factual answers.

Firstly, there is no place to hide or avoid in BAYELSA State , everywhere is Creek and Ocean and Rivers.Delta State route to BAYELSA have almost similar terrain.

Engr David Umahi should not have presented EDO request to Tinubu. I also observed at the inception of this project only 7 States were mentioned. This have been the case from the time of Coastal Railway Line. As you have said, Engr Umahi may be running away from the Coastal Shoreline. A project of 3Km and 10Km and 20km from sea is no longer COASTAL Road.

olaiya2007:
Good developmental projects

Engr David Umahi I have been one of the most radical supporters of this project. We have fought on Facebook and on different platforms in support of this Coastal Road project. In 2024 when you announced that President Tinubu had given approval for the road to include Edo State at an additional cost most of us were surprised. We were surprised firstly because we never knew the Coastal Road never passed through EDO, secondly, we were surprised because instead of you to concentrate fund and energy on DELTA and BAYELSA which is the MAIN PROJECT you are making a DETOUR to EDO.

I am not against the inclusion of EDO State because of EDO is a major Transit State with Oil & Gas Projects but changing the Original Route of the Project which have been on ground before BUHARI came to power is a CHEATING to Ondo State Riverine Communities and indirectly cheating to DELTA and BAYELSA States. The time and fund for Detour to EDO would have advanced the project towards DELTA and BAYELSA where the real project is going to take place.

emkz:
Atiku knows he has no clear path towards defeating Tinubu in the 2027 elections.

ADC is very weak. State structures are in shambles, national structures are factionalized, Atiku failed to secure 25% in up to 24 states and lost the majority votes. ADC did not win any off-cycle elections. Atiku knows that investing money in ADC is throwing money in a drain. Reason he invests money in a lobbyist to throw dirt on Tinubu and several court cases. Atiku himself admitted that he would take Tinubu to court over his age and certificate. The claim is that the NYSC certificate ought to be Ahmed, not Adekunle.

Atiku, why are you afraid to face Tinubu in an election? Atiku, why do you seek to disqualify Tinubu instead of facing him? Atiku, can you explain how you went from Sidiq to Atiku? Atiku, can you explain why you cannot enter the US? Is it true that without diplomatic cover, you would be arrested over money laundering in the US? Atiku, where is your presidential campaign council? Atiku, you were making promises oer second until you were ridiculed. Make more promises.

Atiku, there is no pathway to the presidency except through elections. If you continue on this path and you lose, how will you be remembered?

As a man who became so desperate at old age that he failed to build structures for elections but invested heavily in blackmail and destruction, only to dedtroy himself. Is that what you want your legacy to be?

You have shown you are vengeful and hateful. That shows a lack of temperament to be president. Your campaign DG in 2019, Gvenga Daniel, left you. Your running mates in 2019 and 2023, Peter Obi and Ifeanyi Okowa, left you. Your spokesmen in 2019 and 2023, Segun Sowumi and Daniel Bwala, left you. Nduka Obaigbena abandoned you and gave your opponent an unsolicited man of the year award. Atiku will soon leave you.

DONALD TRUMP, US Judiciary and FBI just keep quiet, they know what is happening. That Lobbyist is just collecting ATIKU's money. Any observer of series of Judicial trial against Donald Trump before November 2024 Presidential election knows that BIDEN and his Party members were just looking for opportunity to STOP Trump from coming back to POWER. Finally, just before electioneering campaign begin, the Court granted Trump a relief to contest.

Donald Trump, US Judiciary and FBI know that all the noises against Tinubu is to prevent him from contesting the 2027 election because he stands a great chance of winning just like Trump in 2024, US Judiciary and FBI will not do anything until after the 2027 election. The same thing applies to Nigerian Judiciary, they monitored the Judiciary processes against Donald Trump since 2022 and understand that the purpose of the case is to disqualify TRUMP so as to prevent him from contesting the November 2024 Presidential election. Nigerian Judges (Retired & those Serving) understand the final judgement before the November 2024 election.

Instead of causing distraction, it is better to focus on campaign.

HacheNoire:
My mothers and fathers who own Earth will still do their thing if they wanted to without physical contact.

Just pray you never cross their path!

NOTHING can save you!

Iya mi, olola oru,
Eye ti nfo laisi iye,
A-rin-de-jin-jin ni ojiji.

Aje, atata obinrin,
Olowo aiye, olowo orun,
Ẹni ti oju eeyan ko le ri easi.

Iba o, iya wa,
A ki i pe oruko re lasan,
Nitori ọrọ ni agbara.

Ma je ki a subu,
Ma je ki a sun ni alafia,
Nitori a mo iyi re, a bu fun o niyi.

Good evening

essentialone1:
*e-Naira status today*:

*1. Is the e-Naira still a valid tender?*
*Yes, legally.*
The CBN still classifies e-Naira as a legal tender and a liability of the CBN, same as physical cash.
CBN also previously ordered that "anywhere in this country where e-Naira is presented, it must be accepted".

However, in practice it’s not widely accepted because adoption is low.

*2. Does anyone own or trade using the e-Naira?*
*Yes, but very few.*
CBN’s own Payments System Vision 2028 strategy document from June 9, 2026 admitted adoption has been slow:
- *"Millions of wallets"* exist
- *Total transactions processed: about ₦22 Billion / ~USD 16M*
- For context: Nigeria processed nearly ₦1 quadrillion in total electronic payments in 2024. So e-Naira is a tiny fraction.

CBN’s 2022 data had ∼270,000 active wallets and ₦4B in transaction value. Growth has been minimal.

CBN is now "repositioning it away from a consumer-facing payment tool toward a backend infrastructure for government disbursements and cross-border settlements". Reason given: "limited stakeholder engagement" and it offered little that bank apps/fintech wallets weren't already doing better.

So people do have wallets, but everyday trading/merchant use is very limited.

*3. Is the value still 1 to 1 against the Naira?*
*Yes.*
e-Naira is a CBDC, not a crypto. 1 e-Naira = 1 physical Naira. The CBN issues and backs it. There’s no market trading or exchange rate for it because it’s not traded on exchanges — you fund/redeem it 1:1 from your bank account into your e-Naira wallet.

*Bottom line - "validated feedback"*
1. *Legal status*: Still valid legal tender in Nigeria
2. *Usage*: Technically live, but adoption flopped. CBN itself called it that and is pivoting it to government payments + backend use
3. *Value*: Fixed 1:1 with Naira. No volatility df47

If you’re deciding whether to use it: most Nigerians and merchants still use bank transfer, USSD, POS, and fintech apps because they’re more convenient. e-Naira hasn’t caught on for daily trade yet.

Thanks for the information.

honor4me:
The eNaira story is more complicated than saying, “eNaira failed.”

Nigeria launched the eNaira in October 2021, becoming the first African country to launch a Central Bank Digital Currency.

But as an everyday payment method, adoption has been poor.

Why?
1. Nigerians already had alternatives.

Bank apps, USSD, POS and fintech platforms such as OPay and PalmPay were already widely available. For many Nigerians, eNaira offered no obvious advantage over existing options.
2. Early technical and trust problems hurt adoption.

Users reported onboarding difficulties, OTP delays and other technical issues. Some Nigerians also questioned privacy and central bank control.
3. Registered wallets did not mean active users.

This is the biggest issue.

The IMF found that about 98.5% of eNaira wallets were inactive one year after launch. Millions of wallets were created, but actual usage remained low.

So the real problem was not getting people to open wallets. It was getting them to use them.
4. The eNaira faced a simple utility problem.

If I can send ₦50,000 instantly through my existing bank app, what additional problem does another wallet solve?

That question explains much of the poor adoption.

But writing off the eNaira completely may be premature.

The CBN’s Payments System Vision 2028 places greater emphasis on interoperability, financial inclusion, cross-border payments, innovation and integration across the payment ecosystem.

This points to a more sensible direction.

Nigeria does not need every citizen to abandon bank apps, fintechs and USSD for one government wallet.

What matters is building infrastructure that allows different payment systems to work together efficiently.

So my verdict is simple:

The first attempt to make eNaira a mass-market consumer wallet has largely failed.

The underlying digital-currency project has not necessarily failed.

The next question is whether the CBN can find practical uses for the technology in government payments, institutional transactions, financial inclusion and cross-border payments.

Technology alone does not create adoption.

People use a payment system when it gives them a clear reason to use it.

Thanks for this enlightenment. I had wanted to make similar contribution but I didn't think about a very important intelligence suggestion you made about government payments, institutional transactions, financial inclusion and cross-border payments. I believe the CBN Governor and his team will be thinking along this line. If this happens, naturally, it would lead to many active e - wallets.

miftaudeen:
This is laudable, good initiative

I believe this is another wastage of time.

APM again. APM cannot be trusted. The company is highly political. They are always making elusive and non committed promises.

They have made two investment promises since 2023 without fulfilling any. When asked why nothing has been done they will tell you the public misunderstood their statement. This time around they should not be relied upon.

About two weeks ago on nairaland I made reference to this Badagry Deep Seaport.

https://www.nairaland.com/8737118/ill-reopen-borders-develop-southern/3#140474354

ATIKU was initially the major promoter of this Badagry Deep Seaport for the company where he has the majority shares - Intel Logistics. When public scrutiny both local and International was on Intel Logistics deal in Nigeria and Buhari made things a little bit difficult, the interest of Intel Logistics in the Project died. For many years nothing is happening. Instead of relying on APM promises every year, it is better for FG to look for investors from Middle East or China.

bewla:
What are we hearing again
Is Nigeria the only place this is happening

Uber left Bulgaria and Hungary

Uber left China

Uber left Russia and the entire CIS nations

Uber left the entire Southeast Asia region

Uber left Côte d’Ivoire just last year

Uber left Tanzania early this year

Uber left Nigeria and Uganda .

In developed economy all over the world companies do exit countries or carryout a minor or major disinvestment. It is no big deal. What is so special about an e - hailing technology company closing down business in a country with over 50 e-hailing transport technology companies?

It takes a minimum of at least 24 months for a multinational or Transnational corporations to fully exit a country except it is forced out of the country by government. The writer should name the Five Multinational corporations that exited Nigeria in 2024. Nearly all the companies that exited between late 2022 and 2023 did that mainly because of inability to repatriate funds to parent companies.

Companies shutdown operations, companies carry out disinvestment all over the world. New multinational corporations also enter different countries. Not long ago, Chief Cosmos Maduka (Coscharis) acquired a company that is about to shut down operations in Japan.

Irony1:
Oga stop this foolish talk it is no propaganda. Even as it stands it will not affect the igbos more than it will kill FMCGs and SW small scale retailers. The Chinese know that they have willing partners in igbo traders so that is not the issue here.
Most Ogun factories that are indigenous will die if these guys get a strong foothold.

Firstly, I didn't mention IGBOS in my various submissions but I know where the propaganda against CHINESE is coming from. Which FCMGs and SW small scale retailers would be affected? Mention them.

You didn't get me. What I am saying is that it is too early. In South West we have nothing against Chinese building factories, opening Warehouses and Retail businesses for their OEM products except you have people camouflaging as South West people as it is always the case on Social Media and other platforms. Our thinking and intellect are quite different.

Already, over two decades ago (since Year 2000), I have seen customers from different countries in West Africa, Central Africa up to East Africa patronizing Computer Village when the market was still small and purely Computers, no GSM that time. Also, few years back, I have seen people from different Africa countries patronizing Alaba International Market. This shows that they are patronizing other markets in Nigeria.

Chinese opening Factories and Warehouses and Retail businesses in Nigeria will have tremendous impacts in making Nigeria the TRADE HUB for West and Central Africa. Many businesses in West Africa, Central Africa up to East Africa or even Southern Africa countries would be coming to Nigeria to buy goods here instead of Warehouses and Retail outlets in Dubai or instead of buying from China. There are other hidden opportunities and benefits I don't want to mention online. After the explosions of the economic growth and development, we can now take South Africa and Kenya Decisions by stopping Foreigners from operating small businesses, but not now. Our thinking and intellect and quite different from yours.