metro
(VIDEO) BUA boss meets Tinubu, plans to crash cement price to N3,500
BUA boss meets Tinubu, plans to crash cement price to N3,500
BUA Cement Plc has revealed plans to reduce the price of cement in Nigeria from the current N5,500 to between N3,000 and N3,500.
The company’s Chairman, Abdulsamad Rabiu, disclosed this to Journalists after an audience with President Bola Tinubu at the State House, Abuja.
Rabiu said the price crash is part of his company’s contribution to supporting the efforts of the Federal Government to stabilise the prices of essential commodities.
However, this would only follow the opening of two new plants of 3 million tons operating capacity each to be commissioned at the end of the year.
Rabiu said “Let me thank his excellency Mr. President for graciously receiving me today, I came to intimate his excellency on the affairs of our cement business.
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“We have two new lines of 3 million tons each that we will be commissioning by the end of the year.
“So I explained to him that we want to support the efforts of the government in bringing down the cost of cement, by the time these lines are commissioned BUA Cement will be producing about 17 million tons per annum and with that, we intend to bring down the cost of cement from its current level of N5,000 or N5,500 per bag to maybe N3,000 to N3,500 per bag.”
He said the company could only do this because it is producing cement locally.
“Eighty per cent of the raw materials that we are using to produce cement in Nigeria are mainly limestone and gypsum and of course, energy is part of it. Of course, we have gas in Nigeria.
“So we want to support the government, we want to support their efforts in ensuring that the prices of these commodities are brought down incidentally.’’
He revealed that the two new plants to be inaugurated by Tinubu later in 2023 would increase production capacity to 17 million metric tons.
(VIDEO) BUA boss meets Tinubu, plans to crash cement price to N3,500
metro
FG secures release of 6 women arrested for human trafficking in Cape Verde

FG secures release of 6 women arrested for human trafficking in Cape Verde
The Federal Government of Nigeria (FGN) has successfully secured the release of six Nigerian women who were wrongfully detained in Cape Verde over baseless trafficking accusations.
Kimiebi Imomotimi Ebienfa, the spokesperson of the Minister of Foreign Affairs, Yusuf Tuggar, revealed via a statement on Wednesday, April 16 that the Nigerian Mission in Guinea Bissau worked closely with the Cape Verdean authorities to ensure the women’s release.
She noted that the women had travelled to Cape Verde for vacation but were unfortunately arrested on unfounded human trafficking charges, which were eventually proven to be false.
Ebienfa mentioned that the minister expressed his satisfaction with the successful resolution of the matter and reaffirmed its commitment to safeguarding the rights and well-being of Nigerians abroad.
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The statement read, “The Ministry of Foreign Affairs wishes to happily inform you that the Nigerian ladies who were detained in Cape Verde have all been released and have left the country, too.
“The Ministry engaged Cape Verde authorities via our Mission in Guinea Bissau to secure their release.
“The six ladies travelled to Cape Verde for a holiday and were unfortunately detained on allegations of trafficking, which turned out to be false.”
FG secures release of 6 women arrested for human trafficking in Cape Verde
metro
Bayelsa lawmaker, Wike’s ally exchange blows amid tension over scheduled event [VIDEO]

Bayelsa lawmaker, Wike’s ally exchange blows amid tension over scheduled event [VIDEO]
A lawmaker in the Bayelsa State House of Assembly and an ally of the Minister of the Federal Capital Territory, Nyesom Wike were captured engaging in a fight.
In a video circulating on social media, the Chief Whip of the Assembly, Hon. Gabriel Ogbara, was seen engaging in a heated struggle with the Ogbia Ward 8 Coordinator of the pro-Wike political group, the NEW Associates.
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The footage was posted by George Turnah, a known supporter of Wike and a former legal adviser to the PDP in the South-South zone.
Turnah, who was recently suspended by the Bayelsa PDP, has been at loggerheads with Governor Douye Diri over plans to organize a rally in Yenagoa in support of Wike. The event is scheduled for Saturday, April 26, 2025.
Despite both Diri and Wike belonging to the PDP, the two powerbrokers have been locked in a quiet political rivalry, particularly over control of the party’s structure in the South-South. Governor Diri currently chairs the South-South Governors’ Forum.
Bayelsa lawmaker, Wike’s ally exchange blows amid tension over scheduled event [VIDEO]
metro
How Obasanjo, Jonathan, Buhari paid lip service to power sector – Minister

How Obasanjo, Jonathan, Buhari paid lip service to power sector – Minister
Minister of Power, Adebayo Adelabu, has blamed previous Nigerian presidents and leaders for the lingering crisis in the country’s power sector.
Speaking while receiving a World Bank delegation in his Abuja office, Adelabu said successive administrations failed to take decisive action, leading to the degeneration currently plaguing power generation, transmission, and distribution.
He, however, expressed optimism under the current administration, noting that President Bola Tinubu has shown genuine concern and given total support toward reforms aimed at revamping the power sector.
“We actually have a past that we are not proud of. Over the years, we have only been paying lip service to transforming the power sector but have not worked the talk.
“Previous administrations have kept on doing the same thing all the time and you cannot get different results for that, which is why we have decided to do things differently this time. In all the segments across the sector, we must run away from the past,” Adelabu said in the statement by Bolaji Tunji, his special adviser on strategic communications and media relations.
He said the neglect of critical power infrastructure over the years, “including thousands of kilometres of transmission lines and hundreds of thousands of transformers”, has deepened the challenges in the sector.
“How will you explain the kind of infrastructure that we put together for our transmission network across the country? Thousands of kilometers of power line, thousands of power transformers, hundreds of thousands of distribution transformers that we have not maintained over time and expect them to keep sustaining our energy supply. It is not possible,” Adelabu said.
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“How do we allow our people to be vandalising infrastructure and expect stable electricity? So how do you have a sector with over 12 million customers and our meter is not more than six million and we expect to have a stable industry? No, it’s not possible. So what has happened with past governments?
“In 1984, when the military was in power here, we achieved a 2000 megawatts. Between 1984 and 2023, it took us 40 years to add additional 2000 megawatts. Now we have an average of 5,800 megawatts generation within one and a half years that we came to the office.
“What I’m saying is that, if the past administrations have been adding things like this, we will not be where we are today. And that is why I said that President Tinubu is actually laying the kind of foundation that we need for our country to grow”, he added.
He blamed the Muhammadu Buhari administration for stalling on the Siemens power deal signed in 2019.
“We entered into the Siemens contract in 2019. We never lifted a finger until 2023, when this government came on board. So you can now imagine since this President came in and now look at the mileage we have achieved,” he said.
The minister, however, noted that the pilot phase of the Siemens power project is nearly complete in under two years, expressing confidence in a brighter future for the power sector.
The minister implored the World Bank team to continue to support the Tinubu’s administration to ensure that the investment of the current administration succeeds.
“One thing that this administration has brought to the table is the seriousness, the determination, the commitment to make sure that the power sector is transformed.
“There is very little you can achieve in your agriculture sector, in your transportation sector, in your defense, education, or health; without stable and efficient electricity supply.
“That is why the President is really focusing on this, and he is supporting whatever we need to do to make sure that we transform this sector. He is ready to give us that support”, he noted.
How Obasanjo, Jonathan, Buhari paid lip service to power sector – Minister
(DailyTrust)
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