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Kenny Martins bags 470km Lagos- Abuja superhighway contract from FG

Kenny Martins bags 470km Lagos- Abuja superhighway contract from FG
ADVANCE Engineering Company (AEC) Network Limited owned by the chairman of the defunct Police Equipment Fund (PEF), Mr. Kenny Martins has won the concession to construct the proposed 470km concrete-built Abuja-Lagos Greenfield superhighway on a build, operate, and transfer (BOT) arrangement.
The minister of works, David Umahi disclosed this in an interview with journalists in Lagos yesterday.
He said the highway will be completed in four years and will last for 100 years.
He said the road will be built by a private sector consortium at no cost to the government adding that AEC will operate the facility for a yet-to-be-determined period on a BOT deal.
The minister further said the facility would be tolled at different points to enable the investors to recover their investment.
He praised AEC saying he was satisfied with their concept and “what they have put in place.”
“So, the next thing is to bring the business proposal so we can negotiate on what the cost of the project is going to be. Then they go to the Ministry of Finance and negotiate on the issue of their money,” Umahi said.
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The minister assured Nigerians that the four-and-a-half-hour travel time for vehicles plying the route at 100 kilometers per hour was achievable.
“When I first introduced this to the public, many doubting Thomases were saying, ‘It is impossible, Lagos-Abuja that is done in 14 hours cannot be done in four and a half hours.’ That is the renewed hope of Mr. President,” he said.
The minister stated that President Bola Tinubu had approved that the project should be fast-tracked and that the contractor should be on site in three months.
“This project is going to be two lanes but each lane is going to be a two-carriage way and it is going to be 14 metres.
“The only carriageway that is equivalent to this is the Third Mainland Bridge where each carriageway is 14 metres. It is going to be built on 275-millimeter-thick concrete.
“The live-shelf design of this project is going to be 100 years. It is going to be completed within four years and this is doable. Some bridges will be built. Many tolling points are going to be there.
“We are not putting any kobo but we will assist them in every direction,” he explained.
He further said from Lagos, the road would pass through eight states in the South-west and North-central before it gets to Abuja.
The states are Kogi, Ekiti, Oyo, FCT, Lagos, Ogun, Niger and Kwara.
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“The good thing is that we are building this road on concrete so we can predict the cost. In asphalt, you cannot predict the cost. The cost of asphalt roads changes every month.
“Concrete roads are more durable and cheaper than asphalt and I have directed all ongoing projects that have not advanced up to 80 percent to change the remaining to concrete,” the minister added.
The minister added that plans were underway to make the road a business and industrial corridor with hotels, factories, and housing estates, among others, on the route.
Emphasizing the seriousness of the project, Umahi said the contract would be watertight such that if the consortium backed out unreasonably, it may have to pay a fine of $10 million.
In his remarks, Martins said the project “is the first of its kind in Africa.”
He also said the road will be ICT-compliant with a fiber optic connection, solar-powered street lights, and security points on the entire stretch of the road.
In Lagos, he said the route would begin from the proposed 4th Mainland Bridge in Epe to Abuja.
Kenny Martins bags 470km Lagos- Abuja superhighway contract from FG
News
Why I prefer not to be called Matthew – Obasanjo

Why I prefer not to be called Matthew – Obasanjo
Former President Olusegun Obasanjo has revealed that he has dropped ‘Matthew’ from his name, stating that he never fancied it.
Speaking on Wednesday, Obasanjo emphasized the need for Africans to decolonize their names, describing it as a crucial step toward breaking free from the shackles of slavery, the slave trade, and colonialism.
According to him, Africa must liberate itself culturally to achieve meaningful progress in politics and economic development.
He spoke in Abeokuta, Ogun State, during a public lecture and book presentation to mark his 88th birthday.
The books are titled “Lest we forget: Slavery, Slave Trade, Emancipation and Reparation” and “Nigeria: Past and the Future.”
The Labour Party Presidential Candidate in the last election, Peter Obi, his running-mate, Yusuf Datti – Ahmed, Osun State Governor, Ademola Adeleke, Ogun Deputy Governor, Engr Noimot Salako – Oyedele and the business mogul, Sir Kessington Adebutu, graced the occasion.
Former Governors, Ibikunle Amosun (Ogun), Olagunsoye Oyinlola (Osun), Sule Lamido (Jigawa) and Emeka Ihedioha of Imo, traditional rulers and other top politicians were on ground to honour the former president.
In his remarks, Obasanjo maintained that Africa must free itself from the effect of colonialism for the continent to attain its desired growth and development.
“The (guest) lecturer made us to realise that part of our problem is what I may call the residue of slavery, slave trade, and colonialism. And until we can break ourselves completely out of it, we will not be able to make much progress as we should,” Obasanjo said.
The former President noted that Africa is still battling the effects of colonialism and slave trade, spanning about two centuries.
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Quoting some speakers at the event, the Ota – Farmer also pushed for what he called decolonisation of names, hinting that he no longer fancy his name, Matthew.
Obasanjo jokingly referenced comments of the African Development Bank President, Dr Akin Adesina, in a recorded speech, where he called the former president Matthew.
He told the gathering that he would stick to his native names – Olusegun Aremu Okikiola Obasanjo – but Adesina is free to retain Matthew on his part.
Obasanjo wondered why his late parents named him Matthew, a tax collector, and not names like Peter, Samuel, John and Moses, which he described as “beautiful names.”
He said “And that brings me to Akin Adesina, who wants to continue to rename me Matthew. I have no problem with his evangelical mission. Matthew was a disciple of Jesus Christ, but he was a tax collector.
“We have Peter, who was a disciple, even though he denied Jesus but he was forgiven, and he became the rock. We have John. But for me, the name Mathew I don’t fancy it. And I said it was my father and my mother… I don’t know why they decided on Mathew. They didn’t name me Peter, John, Samuel, Moses. Those are beautiful names. Not even Joseph.
“So, Akin Adesina can keep his Matthew, I will keep my Olusegun Okikiola Aremu Obasanjo.”
Speaking further on his second book on Nigeria’s past and future, Obasanjo described himself as an incurable optimistist, saying Nigeria would become a great country in his lifetime.
“On ‘Nigeria past and future’, it is for us to see where we have all gone wrong without any exception as a group. And then, is there a way out and if there is a way out, what’s the way out? If we know the way out, how do we get there? And what should we do?
“But for me, I am an incurable optimistist about Nigeria. Yes, the situation is bad , no doubt. But I believe that in my lifetime, we will have Nigeria that will be all proud of.”
In a lecture entitled “Echoes of the past, visions of the future: reflections on slavery and colonisation and Nigeria’s journey towards a promising future”, Professor Eghosa Osaghae emphasized the need for Nigeria to reimagine its history, culture, and identity, free from the lingering effects of colonialism.
Osaghae who is the Director -General, Nigerian Institute for International Affairs, also highlighted the importance of promoting indigenous knowledge systems, languages, and cultural practices, and called for a new era of African-led development, driven by the continent’s own unique values, perspectives, and priorities.
Why I prefer not to be called Matthew – Obasanjo
News
Ex-Akwa Ibom Gov Udom Emmanuel remains in EFCC detention over N700bn fraud

Ex-Akwa Ibom Gov Udom Emmanuel remains in EFCC detention over N700bn fraud
The Economic and Financial Crimes Commission (EFCC) has detained a former governor of Akwa Ibom State, Emmanuel Udom, over an alleged N700 billion fraud.
Udom, who served as governor between 2015 and 2023, arrived at the EFCC’s corporate headquarters in Abuja around 12:20pm on Tuesday following an invitation from the anti-graft agency.
He was arrested and detained after arriving at the EFCC office.
Newstrends learnt that the former governor was grilled over allegations of money laundering, diversion of funds, and stealing.
This was said to have followed a petition by a civil society organisation, the Network Against Corruption and Trafficking.
The group alleged that Udom received N3 trillion from the Federation Account for over eight years but left behind a debt profile of N500 billion and unpaid N300 billion for ongoing projects.
He was also accused of being unable to account for N700 billion.
It was revealed that investigations uncovered the withdrawal of N31 billion in cash from a single account named “Office of the Governor.”
The transactions were said to have occurred between 2019 and 2023.
News
Tinubu appoints new Accountant-General of Federation

Tinubu appoints new Accountant-General of Federation
President Bola Tinubu has named 57-year-old Shamsedeen Ogunjimi as the new Accountant General of the Federation.
A statement by Special Adviser to the President (Information & Strategy), Bayo Onanuga, said his appointment, would takes effect from 7th March 2025, the same day the incumbent, Oluwatoyin Madehin, would retire.
Ogunjimi was first named as Madehin’s successor last December.
The statement read in part, “A selection committee later chose him through a competitive, rigorous, and merit-based process involving Directors of Accounts in the Federal Civil Service. The committee conducted the process through three stages: a written assessment, an ICT proficiency test, and oral interviews.
“The selection process underscores President Tinubu’s commitment to promoting transparency, excellence, and competence in key public service positions.”
A 1990 graduate of the University of Nigeria, Nsukka, with a Bachelor of Science in Accountancy, Ogunjimi also holds a Master’s in Accounting and Finance from the University of Lagos.
He is a fellow of the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Taxation of Nigeria.
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