Presidency fires back at Atiku over Lagos-Calabar coastal road award criticism  – Newstrends
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Presidency fires back at Atiku over Lagos-Calabar coastal road award criticism 

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Presidency fires back at Atiku over Lagos-Calabar coastal road award criticism 

The presidency has accused former Vice-President Atiku Abubakar of engaging in an idle talk for criticising the recent award of the Lagos-Calabar coastal highway project to Hitech Construction Company Limited (Hitech) owned by Gilbert Chagoury.

In a statement issued on Monday, Bayo Onanuga, special adviser to the president on information and strategy, said Atiku did not get his facts right.

Atiku in a statement issued by Paul Ibe, his media adviser, had alleged that the 700-kilometre highway project was awarded to President Bola Tinubu’s business partner without any competitive bidding.

He claimed that the road construction was shrouded in secrecy and could cost N15.7 trillion.

Presidency’s statement

But reacting on behalf of President Tinubu in the statement on Monday, Bayo Onanuga said, “In his desperation to always want to hug the headlines as a self-appointed opposition leader, former Vice President Atiku Abubakar has allowed himself to be led into a blind alley again by his poorly informed aides,” the statement read.

Onanuga said Abubakar made “false allusions” about the project in his “futile attempt to denigrate and find faults in the audacious and transformational” road construction initiative.

“To Atiku’s chagrin and utter disappointment, the Lagos-Calabar Coastal highway has been rightly praised for the huge economic impact it will create and how it will be a game-changer in improving the quality of life of Nigerians, especially the economy of the nine coastal states it will pass through. Importantly, the road will boost the agricultural and tourism economy on a grand scale,” the presidential spokesperson said.

“Seeking to be a killjoy, Atiku Abubakar engaged in red-herring by raising ill-thought-out allegations that only exposed his inadequacies and those of his team in getting the basic facts on an issue he badly seeks to nail the government.

“We owe it a sacred duty to ensure Atiku and his handlers do not continue to spread disinformation as they wallow in their politics of hatred.”

Onanuga said the administrations of Jonathan and Buhari never awarded the project to any company at any varied and revised amount as claimed by Abubakar.

He said Atiku was mixing up the Lagos-Calabar coastal highway project with the Lagos-Calabar coastal rail.

“So the question of costs comparison does not arise,” the presidential spokesperson said.

He also said, “The contract that was awarded was that of Lagos-Calabar Coastal rail. The rail was designed as part of the standard gauge national rail network.

“The contract was awarded on August 4, 2021 by the Federal Executive Council presided over by former Vice President, Professor Yemi Osinbajo, SAN at the cost of $11.17 billion. The contract was to be completed in six years. The project didn’t take off.

“The Lagos-Calabar Coastal rail project has always been on the card. It was another testament to the failure of the previous PDP-led government that it could not get it off the ground in the 16 years it held sway.

“The Lagos-Calabar Coastal highway and Lagos-Calabar Coastal rail are two distinct projects. It is unfortunate that the former Vice President is confused about the two projects.”

Onanuga said Tinubu “should be praised for having the courage to embark on this transformative project and not vilified as Atiku Abubakar unsuccessfully sought to do”.

“We know there is nothing so sacred for Atiku Abubakar in the pursuit of his undying ambition to be President of Nigeria even in his advanced age,” he said.

“We, however, don’t expect a former Vice President of Nigeria to continue to fan ill-will and engage in divisive politics in his twilight.”

“President Tinubu as a leader and nationalist will continue to drive and propel national progress through infrastructural development across the country.”

The presidency urged Abubakar to “act his status as a presumed statesman and desist from engaging in fruitless exercise that does not add any value to nation-building”.

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Yahaya Bello reports to EFCC office with lawyers

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Yahaya Bello reports to EFCC office with lawyers

 

A former Governor of Kogi State, Yahaya Bello, on Tuesday visited the Economic and Financial Crimes Commission (EFCC) to honour another invitation extended to him over alleged misappropriation of funds.

Bello went to the anti-graft office with his lawyers in the morning.

The ex-Kogi governor reportedly drove himself to the EFCC’s office in a black Toyota Hilux van with some lawyers.

He was said to have been taken by some operatives of the agency and are currently being grilled.

This is  coming after the Supreme Court judgment which dismissed a suit brought by some state governments challenging the constitutionality of the agency.

The EFCC at the last hearing on November 14, sought the adjournment till November 27 in the fresh case it instituted against Bello.

It stated that the 30-day window was still running for the summons earlier issued.

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Just in: Ebonyi governor suspends two commissioners, Perm Sec for misconduct 

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Just in: Ebonyi governor suspends two commissioners, Perm Sec for misconduct 

 

Ebonyi State Governor Francis Nwifuru has announced the immediate suspension of two commissioners with a permanent secretary among others for gross misconduct.

Those suspended are the Commissioner for Housing and Urban Development Francis Ori, and the Commissioner for Health, Moses Ekuma, with the Permanent Secretary of the Ministry of Health.

The suspension followed an incident on Saturday night, when the governor reportedly visited the Ministry of Health’s premises and was said to have found six officials diverting government materials.

Others suspended for three months are the Executive Secretaries of the State Primary Healthcare Development Agency and the Ebonyi State Health Insurance Agency

The suspension order was announced by the state Commissioner for Information, Jude Okpor, who cited alleged misconduct and dereliction of duties as the reasons for the disciplinary actions.

Okpor made the disclosure on Tuesday during a press briefing on the outcomes of the State Executive Council meeting held on Monday at the New Government House in Abakaliki, the state capital.

“Following cases of gross misconduct and dereliction of duties by some government officials and matters related thereto, the Chairman of Council directed the indefinite suspension of the Honourable Commissioner for Housing and Urban Development and three months suspension of the Honourable Commissioner for Health, respectively

“In view of the development, the Special Assistant to the Governor on Primary Health was directed to take charge of the ministry in the absence of the suspended commissioner.

Governor Nwifuru directed the suspended government officials to hand over all government properties in their possession including vehicles to the Secretary to the State Government.

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Why we’re borrowing despite surplus revenues – FG

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Nigeria’s Minister of Finance, Mr Wale Edun

Why we’re borrowing despite surplus revenues – FG

The Federal Government has defended its decision to borrow to address budget deficits, despite surpassing revenue targets in 2024.

Finance Minister Wale Edun and Budget Minister Atiku Bagudu clarified this position during a session with the National Assembly’s Joint Committee on Finance, Budget, and National Planning. The meeting focused on the 2025–2027 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).

Last week, the National Assembly approved President Bola Tinubu’s $2.2 billion loan request to fund the N9.7 trillion deficit in the 2024 budget partially.

During the session, key agency heads, including Nigerian National Petroleum Company Limited (NNPCL) CEO Mele Kyari, Customs Comptroller-General Bashir Adeniyi, and Federal Inland Revenue Service (FIRS) Chairman Zacch Adedeji, presented their revenue reports.

The agencies reported exceeding their 2024 targets.

  • Customs Service: Generated ₦5.352 trillion by September 30, surpassing its ₦5.09 trillion target for the year. For 2025, the agency projects ₦6.3 trillion, with a 10% increase planned for 2026.
  • NNPCL: Achieved ₦13.1 trillion in revenue, exceeding the ₦12.3 trillion projection for 2024. Kyari announced a ₦23.7 trillion revenue target for 2025.

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  • FIRS: Surpassed multiple tax collection goals, including ₦5.7 trillion from company income tax against a ₦4 trillion target. Education tax collections also exceeded expectations, reaching ₦1.5 trillion compared to a ₦70 billion target.

Overall, ₦18.5 trillion of the ₦19.4 trillion 2024 revenue target had been achieved by September, indicating the goal will be exceeded by year-end.

Despite these surpluses, the government insists borrowing remains essential to cover budget gaps and support vulnerable populations.

Bagudu explained, “Even with agencies exceeding revenue targets, borrowing is necessary to address deficits and boost productivity, particularly for the poorest. This aligns with Agenda 2050, which aims for a GDP per capita of $33,000.”

Edun also reiterated that loans were critical for adequately funding the budget.

The committee, led by Senator Sani Musa, questioned the rationale behind the borrowing and demanded further transparency. The Immigration Service was specifically asked to provide documents regarding an “unacceptable PPP arrangement” before the end of the week.

The session underscored the government’s balancing act between increased revenues and fiscal challenges requiring external borrowing.

Why we’re borrowing despite surplus revenues – FG

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