Lagos begins eight-week repairs on Badagry expressway Monday – Newstrends
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Lagos begins eight-week repairs on Badagry expressway Monday

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The Lagos State Government says it will commence repair work on the failed portions of the Lagos-Badagry Expressway on Monday, March 29, 2021.

The repairs, which will last for eight weeks, will be completed on May 31, 2021, according to a statement by the state Ministry of Transportation.

The statement was signed and released by the Lagos State Commissioner for Transportation, Dr Frederic Oladeinde, on Saturday, March 27, 2021.

He identified the affected portions to include Maza-Maza, Signal Barracks and Mile 2, adding that a traffic diversion plan had been worked out with adequate traffic management measures in place to ease movement and minimise the expected inconveniences.

The commissioner advised motorists heading towards Apapa from Maza-Maza to use the newly constructed slip road by the Total Filling station to connect the ramp and access Apapa.

Oladeinde in his statement said, “The repairs will last for eight weeks, commencing from Monday, May 29. The job will be completed on May 31.

“Traffic heading to Orile/Suru from Maza-Maza will be diverted to the opening at Total Filling Station to link Toll lane and continue the movement to Orile. Such motorists could also go through the opening at Signal Barracks to access the service lane from toll lane, to continue their journey.

“Motorists going to Oshodi from Maza-Maza are also advised to use the opening at Total filling station to connect toll lane and drive down to the opening after Mile 2 underpass to utilise the opening before Signal Barracks and access the ramp with counter flow to Apapa-Oworonshoki Expressway to continue their journey to Oshodi.

 “Those coming from Oshodi to Orile will be directed to Mile 2, Oke to connect the ramp to Signal Barracks and continue their journey to Orile, while those going back to Oshodi should make a U-turn and continue their trip to Oshodi.

“Other motorists coming from Otto Wharf should use the opening before Signal Barracks and connect the toll lane and continue their journey to Alaba/Orile,” he said.

The commissioner warned the general public against the assault of Lagos State Traffic Management Authority officials who would be deployed to manage traffic on that axis as anyone caught in such an act will be decisively dealt with.

The reconstruction of the Lagos-Badagry expressway, which began in 2010, involves the widening of the road from 4 lanes to 10 lanes for vehicles, and a new mass transit line that will operate in the median.

The project, which has faced a series of delays, also includes a light rail project with train stations.

About a month ago, the Lagos State Government set up a seven-member ad hoc committee to be headed by the Deputy Governor of the state, Dr Obafemi Hamzat, with a mandate to have a dialogue with the Federal Government and secure a guarantee for quick completion of ongoing work on the Okokomaiko-Seme border stretch of the Lagos-Badagry Expressway.

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Nigeria saves $20bn from subsidy removal – Finance Minister Edun

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Nigeria saves $20bn from subsidy removal – Finance Minister Edun

 

Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, has declared that the country has saved $20 billion by eliminating the petrol subsidy and adopting market-based foreign exchange pricing.

He made this disclosure at an event in Abuja marking the first 100 days in office of Esther Walso-Jack, Head of the Civil Service of the Federation.

Edun stated, “When there was a subsidy on the PMS and on foreign exchange, they collectively cost five percent of the GDP.

“Assuming GDP was $400 billion on average, five percent of that is $20 billion—funds that could now go into infrastructure, health, social services, and education.”

He explained that the savings were being redirected into developmental projects. He said, “The real change is that no one can wake up and target cheap funding or forex from the central bank to enrich themselves without adding value. “Similarly, profiteering from the inefficient petrol subsidy regime is no longer possible.”

President Bola Tinubu officially ended the petrol subsidy regime on May 29, 2023.

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Crude-for-naira deal: NNPC fails to deliver agreed crude oil – Dangote refinery

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Crude-for-naira deal: NNPC fails to deliver agreed crude oil – Dangote refinery

The Lagos-based mega Dangote refinery has accused the Nigerian National Petroleum Corporation (NNPC) of failing to meet its crude oil supply obligations under the naira-for-crude agreement.

Edwin Devakumar, the Vice President of the Dangote Group, disclosed this in a statement reported by Reuters.

Devakumar explained that the national oil company had committed to supplying the refinery with a minimum of 385,000 barrels per day (bpd) under the crude-for-naira deal.

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However, he alleged that the NNPC is falling short of this commitment.

According to Reuters, Devakumar characterized the volume of crude currently supplied by NNPC Limited as “peanut,” though he did not specify the exact amount.

“We need 650,000 barrels per day, and NNPC Ltd agreed to supply a minimum of 385,000 bpd, but they are not even delivering that,” Devakumar stated.

 

Crude-for-naira deal: NNPC fails to deliver agreed crude oil – Dangote refinery

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Tinubu restructures media team, says no individual presidential spokesman

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Tinubu restructures media team, says no individual presidential spokesman

 

President Bola Tinubu has reorganised his media team, re-designating the positions of his two recently appointed special advisers  for media and communications.

This is contained in a statement released on Monday night by his Special Adviser on Media and Strategies, Bayo Onanuga.

He said Sunday Dare, the special adviser on public communication and national orientation, is now the special adviser on media and public communications.

Onanuga added that Daniel Bwala, announced last week as a special adviser on media and public communication, will now function as the special adviser on policy communication.

“These appointments, along with the existing role of special adviser, information and strategy, underscore that there is no single individual spokesperson for the presidency,” the statement read.

There had been some confusion as Onanuga, designated as special adviser on communication and strategy, had been the presidential spokesman since the exit of Ngelale Ajuri, who was special adviser on media and publicity.

However, on Monday, Bwala announced himself as the presidential spokesperson.

“Today, I resumed officially as the Special Adviser, Media and Public Communications/Spokesperson (State House). I am happy to have joined a meeting of the robust and fantastic communication team of Mr. President. I love the existing unity among the team and hope we can leverage on that even for more synergy,” he wrote on his X handle.

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