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BREAKING : President Tinubu Seeks Fresh $516m Loan

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President Bola Ahmed Tinubu

BREAKING : President Tinubu Seeks Fresh $516m Loan

President Bola Ahmed Tinubu has formally requested Senate approval for a $516,333,007 external loan to finance key sections of the ambitious Sokoto–Badagry Superhighway project, a flagship infrastructure initiative aimed at boosting national connectivity.

The request was conveyed in a letter addressed to Senate President Godswill Akpabio and read during Thursday’s plenary session.

According to the President, the proposed funding will support the execution of Section 1, Phase 1a and 1b, covering about 120 kilometres of the planned 1,000km highway corridor linking Nigeria’s Northwest to the Southwest.

Tinubu explained that the highway will originate from Illela in Sokoto State and pass through Kebbi, Niger, Kwara, Oyo, and Ogun states before terminating in Badagry, Lagos State—creating a strategic economic route connecting inland production zones to coastal trade hubs.

The financing arrangement, the President noted, is structured as a syndicated loan from Deutsche Bank, backed by a partial risk guarantee from the Islamic Corporation for the Insurance of Investment and Export Credit, an arm of the Islamic Development Bank Group.

He added that the Federal Government will provide counterpart funding of ₦265.54 billion to cover land acquisition, compensation, and other ancillary infrastructure tied to the project.

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Details of the loan show a nine-year tenor, including a grace period of up to three years, with an interest rate capped at the Chicago Mercantile Exchange (CME) SOFR plus 5.3 percent annually.

Tinubu informed lawmakers that the Federal Executive Council (FEC) has already approved the financing structure and urged the Senate to incorporate the loan into Nigeria’s rolling borrowing plan.

The President emphasized that the Sokoto–Badagry Superhighway is expected to significantly enhance North-South connectivity, improve road safety, and reduce logistics and transportation costs across the country. He added that the project would strengthen trade, boost food security, and promote national cohesion by linking agricultural production zones to markets and ports.

The design also includes provisions for future development, with the central median reserved for rail integration and utility corridors, positioning the route as a multi-modal transport backbone.

Following the presentation, Akpabio referred the request to the Senate Committee on Foreign and Local Debts for further legislative scrutiny, with a report expected within one week.

Speaking in support of the project, Senator Mohammed Adamu Aliero (Kebbi Central) described the highway as a long-awaited development, noting that it had been under consideration for over five decades.

Aliero said he had personally inspected ongoing work and expressed satisfaction with the progress, revealing that sections of the road are being constructed using both concrete and asphalt, alongside modern features such as solar-powered streetlights.

He projected that upon completion, travel time between Sokoto and Lagos could be reduced by more than 70 percent, cutting a typical 13-hour journey to about six hours.

The proposed loan forms part of the Tinubu administration’s broader strategy to leverage external financing for large-scale infrastructure projects considered critical to Nigeria’s economic growth and regional integration.

BREAKING : President Tinubu Seeks Fresh $516m Loan

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Nigerian researcher develops AI system to transform marine conservation, fisheries management

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Nigerian researcher develops AI system to transform marine conservation, fisheries management

Nigerian researcher develops AI system to transform marine conservation, fisheries management

A Nigerian researcher, Dolapo Salim Olatoye, is attracting international attention with his groundbreaking work that combines Artificial Intelligence (AI) and ecology to develop smart monitoring systems capable of transforming marine conservation, fisheries management and biodiversity protection in Nigeria and across West Africa.

Olatoye, currently pursuing a fully funded PhD at the University of Pisa, Italy, said his research focused on developing computer vision and remote-sensing technologies that could enable scientists to automatically monitor marine ecosystems using underwater cameras, satellite imagery and sensor data.

His research, which forms part of two European Union Horizon-funded projects, comes at a time when governments and technology companies worldwide are increasingly deploying AI to tackle environmental degradation and biodiversity loss.

According to him, the systems he is developing use advanced object-detection and ensemble computer vision models to identify marine species automatically, making ecological monitoring faster, more accurate and scalable than traditional manual survey methods.

He noted that while many ecological AI tools are designed by computer scientists with little biological field experience, his approach bridges both disciplines through years of practical fisheries and marine fieldwork in Nigeria and Italy, alongside hands-on expertise in deep-learning engineering.

“I build the detection models myself and deploy them as working software rather than research demonstrations,” Olatoye explained, adding that the goal is to create practical tools that close the gap between field science and engineering.

The researcher began his academic journey at the Federal University Oye-Ekiti, where he studied Fisheries and Aquaculture and graduated as the best student in his department during the 2018/2019 academic session.

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His outstanding academic performance earned him a fully funded Master’s scholarship at the University of Salento, Italy, where he graduated with a perfect score before securing another fully funded doctoral scholarship at the University of Pisa, one of Italy’s leading research institutions.

Beyond Europe, Olatoye believes his work holds enormous promise for Nigeria.

With an 853-kilometre coastline along the Gulf of Guinea and some of West Africa’s richest marine resources, Nigeria still meets only about 30 per cent of its annual fish demand through local production.

Experts believe improved scientific monitoring of marine ecosystems could significantly strengthen fisheries management, support conservation efforts and enhance food security.

Nigeria is also among eight Gulf of Guinea nations that signed the Yaoundé Declaration, committing to the sustainable management of ocean resources. The Federal Government has equally identified agriculture as a priority sector under its National Artificial Intelligence Strategy, creating opportunities for AI-driven solutions in fisheries and environmental management.

Olatoye said the technologies being developed for marine ecosystem monitoring align closely with these national priorities and could eventually be adapted for use by Nigerian fisheries and conservation agencies.

His work also reflects a growing global movement where leading technology companies are investing heavily in AI-powered biodiversity monitoring.

Google Research has developed SpeciesNet, an AI platform that has processed more than one billion wildlife images and audio recordings from 11 countries to identify animal species automatically.

Similarly, Microsoft’s AI for Good Lab recently unveiled Project SPARROW, a solar-powered bioacoustic monitoring system designed to track biodiversity in real time.

According to Olatoye, these initiatives demonstrate that AI is no longer being used merely to automate data collection but to revolutionise how scientists understand and protect ecosystems.

As part of his commitment to open science, Olatoye is also developing EcoQuad, a software platform emerging from his research.

The tool has already been adopted as instructional material for teaching at the University of Pisa and is designed to be openly accessible, allowing researchers and institutions to adapt it to local needs.

He expressed the hope that Nigerian and West African scientists would not have to depend entirely on imported technologies but would instead develop and customise world-class AI tools locally.

“My ambition is to build open, reproducible monitoring systems that meet the same standards as those developed by leading research groups in the United States, the United Kingdom and Canada,” he said.

He added that by making such tools accessible, researchers across Africa would be better positioned to participate fully in the global scientific community while addressing local environmental and food security challenges through home-grown innovation.

 

Nigerian researcher develops AI system to transform marine conservation, fisheries management

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Kalu denies ₦1bn church budget claim, says actual allocation is ₦780m

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Kalu denies ₦1bn church budget claim, says actual allocation is ₦780m
Deputy Speaker of the House of Representatives, Benjamin Kalu

Kalu denies ₦1bn church budget claim, says actual allocation is ₦780m

The Deputy Speaker of the House of Representatives, Benjamin Kalu, has dismissed reports that his office allocated N1 billion in the 2026 budget for the procurement of musical instruments for churches in Bende Federal Constituency, Abia State.

In a statement issued on Wednesday by his Chief Press Secretary, Levinus Nwabughiogu, Kalu stated that the actual allocation is N780 million.

According to the deputy speaker, the reports misrepresented both the amount allocated and the purpose of the intervention.

He said that the budget provision, after Value Added Tax and other statutory deductions, stands at N780 million and is intended to support a youth re-orientation and social support programme to be implemented through faith-based organisations.

The Deputy Speaker of the House of Representatives, Benjamin Kalu, has dismissed reports that his office allocated N1 billion in the 2026 budget for the procurement of musical instruments for churches in Bende Federal Constituency, Abia State.

In a statement issued on Wednesday by his Chief Press Secretary, Levinus Nwabughiogu, Kalu stated that the actual allocation is N780 million.

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According to the deputy speaker, the reports misrepresented both the amount allocated and the purpose of the intervention.

He said that the budget provision, after Value Added Tax and other statutory deductions, stands at N780 million and is intended to support a youth re-orientation and social support programme to be implemented through faith-based organisations.

“Bende has 13 federal political/electoral wards and over 200 churches. The first phase of this support targets 130 of these churches, averaging about 10 churches per ward, which amounts to approximately N5 million to N6 million per church,” he said.

The deputy speaker said the intervention was aimed at strengthening existing youth engagement platforms run by churches to promote moral values and discourage social vices.

“This intervention is not about instruments alone. It is about leveraging trusted community value-sustaining structures to reorient our youths, promote unity and sustain moral instruction across the constituency,” he said.

Kalu added that the 2026 budget had not yet been implemented and that beneficiary churches would be notified after the procurement process was completed.

He also disclosed that his office had initiated a corrigendum to correct what it described as a technical error in the procurement description before implementation.

The deputy speaker urged the public and the media to disregard reports suggesting that N1 billion had been allocated solely for musical instruments, saying the intervention was part of a broader effort to promote youth development and community values.

Kalu denies ₦1bn church budget claim, says actual allocation is ₦780m

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NACOMYO urges greater Muslim youth participation in politics at Lagos summit

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NACOMYO urges greater Muslim youth participation in politics at Lagos summit

NACOMYO urges greater Muslim youth participation in politics at Lagos summit

The National Council of Muslim Youth Organizations (NACOMYO), Lagos State Chapter, has called for increased participation of Muslim youths in politics and governance as part of efforts to strengthen inclusive leadership and contribute to the development of Lagos State and Nigeria.

The call was made during the Muslim Youth Political Summit 2026, held on Saturday at the Multipurpose Hall of the Alausa Secretariat Community Central Mosque in Ikeja, Lagos.

The summit, themed “Strategic Partnership for Progress: Muslim Youth and the Lagos Development Agenda,” brought together government officials, Muslim leaders, youth groups and other stakeholders to discuss strategies for expanding the role of Muslim youths in public service and leadership.

Speaking at the event, the State Coordinator of NACOMYO Lagos, Engr. Isiaka Salami, said the summit was organised to foster dialogue, strategic partnerships and collaboration between Muslim youths and government.

He explained that the initiative was aimed at preparing young Muslims for leadership roles while commending the growing inclusion of youths in governance. Salami also appreciated the support of the Muslim Community of Lagos State and offered prayers for the late Alhaji Tijani Gbajabiamila, the Olori Ratibi of Lagos.

Delivering the keynote address on behalf of Hon. Rasaq Olushola Ajala, the immediate past Chairman of Odi-Olowo Local Council Development Area (LCDA), Mr. Akeem Alao urged Muslim youths to actively participate in politics and public service.

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He stressed that competence, integrity and leadership capacity remain essential qualities for young people seeking to contribute meaningfully to governance and national development.

Alao also encouraged eligible youths to take advantage of the ongoing Independent National Electoral Commission (INEC) Permanent Voter Card (PVC) registration exercise ahead of future elections.

Also speaking, the Public Relations Officer of the Muslim Community of Lagos State, Alhaji Jubril Folami, commended NACOMYO for its sustained commitment to youth development and advocacy.

He described Muslim youths as agents of positive change and recalled the organisation’s role in defending the interests of Muslims during campaigns against the proposed return of public schools to missionary ownership.

During a panel discussion, the President of the Muslim Community of Lagos State, Alhaji (Barr.) Muhammad Oyinlomo Danmole, called for strategic political participation and stronger engagement between Muslim organisations and government.

He advocated the establishment of leadership training institutions to prepare Muslim youths for future leadership positions and emphasised the importance of grassroots mobilisation in nation-building.

Responding to questions on opportunities for Muslim youths, Alhaji Muritadoh Balogun urged young Muslims to participate actively in politics while drawing inspiration from the exemplary leadership of Prophet Muhammad (SAW).

He identified education, knowledge acquisition and community service as key foundations for effective leadership and called for increased Muslim representation in government institutions.

Also speaking during the panel session, Alhaja Dhikrat Matesun-Oshodi said Muslim women were ready to contribute meaningfully to governance.

She encouraged Muslim youths to embrace self-development, transparency, accountability, patience and teamwork, describing good character and empowerment as essential qualities for effective leadership.

The Senior Special Assistant to the Lagos State Governor on Wealth Creation and Employment, Ambassador (Comrade) Tijani Saheed Oluwadare (Seedorf), highlighted the state government’s commitment to youth inclusion, skills development and economic empowerment.

He urged participants to take advantage of government initiatives and become actively involved in politics to strengthen youth participation in policymaking and governance.

The summit attracted a large number of Muslim youths from across Lagos State, including representatives of organisations such as NASFAT, Ansar-Ud-Deen Society, Muslim Students’ Society of Nigeria (MSSN) Lagos, ASGAT, QUAREEB and other youth-focused political groups.

Participants resolved to strengthen collaboration between Muslim organisations and government, agreeing that leadership development, strategic partnerships and active political participation are critical to ensuring that Muslim youths contribute meaningfully to the Lagos Development Agenda and Nigeria’s overall development.

NACOMYO urges greater Muslim youth participation in politics at Lagos summit

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