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Dangote, MTN others to build 794km road with tax credit – FG

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The Federal Government says about 794kms of road have been priotised for construction by eligible companies through Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme.

The Minister of Information and Culture Alhaji Lai Mohammed disclosed this in Washington DC during his on-going engagement with various global media outlets, global think tanks and influencers.

The News Agency of Nigeria (NAN) reports the engagement is to enable the minister put across the correct narratives about what is happening in Nigeria, showcase government achievements and present challenges facing the country.

During his respective interaction with Reuters and Washington Post, the minister said, so far, 11 states covering all the six geopolitical zones would benefit from the road project scheme made possible by Executive Order No. 7.

He identified the companies that had taken the advantage of the initiative as Dangote Industries, Unilever, Julius Berger, MTN, BUA Group of Companies, Access Bank, Transcorp, Lafarge and GZI Industries.

Mohammed said the companies would engage in providing big roads and bridges in exchange for tax credit.

NAN reports that the completed 43km Obajana-Kabba road in Kogi, which is the Nigeria’s longest concrete road, was constructed by Dangote through the tax credit scheme.

The minister also told the media outlets that the western world should looks into helping developing nation like Nigeria in developing their infrastructure,

He sad by doing so, it would help in employing more people, particularly youths, and make it difficult for ideological group like Boko Haram to recruit them.

He said the areas where Nigeria needed a lot of partnership and support was in the power sector.

“We have embarked on a very ambitious programme of providing 3,000mw of electricity at the Mambilla Hydro power project which will cost about 5.8 billion dollars.

“We have been able to secure a loan from the Chinese and they are ready to secure 85 per cent of the cost while we provide 15 per cent.

“When the project is completed it is going to be a game changer in terms of providing power for Nigerians,’’ he said.

The minister said the government had also intervened in not less than 28 road projects through Sukuk Bond. (NAN)

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TCN Acknowledges 7th Grid Collapse in 2024

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The Transmission Company of Nigeria (TCN) has reported its seventh partial grid collapse in 2024. Despite the recurring issue, TCN’s General Manager of Public Affairs, Ndidi Mbah, reassured the public that efforts to restore power are well underway, with about 90% of substations receiving bulk power.

Mbah noted that the Azura Power Station initiated the grid recovery, although a minor setback occurred. However, power supply has been restored to the Abuja region and other key distribution centers. The Ibom Gas Generating Station remained unaffected, continuing to supply power to the South-South region.

An investigation into the cause of the collapse will commence once full grid restoration is achieved.

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Jigawa Tanker Tragedy: Shettima, First Lady Mourn Victims, Pledge Federal Support

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Vice President Kashim Shettima has expressed deep sorrow over the tragic tanker explosion in Jigawa State, which claimed over 100 lives. In a statement issued by his media aide, Stanley Nkwocha, Shettima, on behalf of President Bola Tinubu, extended condolences to the affected families, praying for strength and comfort in their time of grief.

Shettima assured the public that the federal government is mobilizing resources to support the injured and assist those affected. He has directed the immediate deployment of the National Emergency Management Agency (NEMA) to provide aid. The Vice President also stressed the need for a review of fuel transportation safety protocols to prevent future incidents.

In a separate statement, First Lady Oluremi Tinubu offered her condolences to Jigawa Governor Umar Namadi and the people of Jigawa, praying for peace and comfort for the families affected. She called the incident “unfortunate” and extended prayers for the recovery of the injured and the repose of the souls lost in the tragedy.

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Nigeria Customs Intercepts Arms, Ammunition Worth N9.5bn Over Six Years

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The Nigeria Customs Service (NCS) has revealed that it intercepted a total of 10,598 pieces of arms and 114,929 rounds of ammunition valued at N9.58 billion over the past six years. Comptroller General of Customs, Bashir Adewale Adeniyi, made this disclosure during a press conference on enforcement activities in Zone A.

Adeniyi highlighted that 60% of these seizures occurred in 2023, reflecting the Customs’ increased efforts to curb arms smuggling. He also mentioned that recent operations such as Operation Whirlwind and Operation Swift Sting are part of a strategic response to tackle evolving smuggling tactics.

In addition to arms seizures, the Customs CG announced the largest pangolin scale seizure since 2020, with 9,493 kg of scales confiscated in collaboration with the Wildlife Justice Commission. The joint operation led to four arrests across Kano, Kaduna, and Lagos. The NCS continues to intensify efforts against wildlife trafficking, targeting supply routes in northern Nigeria and border areas.

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