Headlines
Buhari Promises to Deliver 2nd Niger Bridge, Lagos-Ibadan Expressway Before 2023
President Muhammadu Buhari says the second Niger bridge, Lagos-Ibadan expressway and other key projects under the Presidential Infrastructure Development Fund (PIDF) will be completed before 2023.
Buhari said this on Monday, in Abuja at the opening of a two-day mid-term ministerial performance review retreat organised to assess the progress made towards the achievement of the nine key priorities of the administration.
According to a statement by Femi Adesina, presidential spokesman, the president used the occasion to highlight some of the federal government’s achievements in the past two years.
“On transportation, we are growing the stock and quality of our road, rail, air, and water transport infrastructure,” Buhari said.
“The PIDF projects are also advancing remarkably. These include the 11.9km Second Niger Bridge, 120 km Lagos-Ibadan Expressway, 375 km Abuja – Kaduna – Zaria – Kano Expressway and the East West Road. Most of these projects are expected to be completed within this 2nd term of our Administration.”
The president also said his administration had made tremendous progress on railway projects in the country, adding that upgrading the railway network is being extended with the recent completion of Lagos–Ibadan line.
“Work is expected to commence very soon on the Port-Harcourt Maiduguri line and Calabar – Lagos Coastal Line to connect the Southern and Eastern States of our Country. Progress is also being made on the upgrading of our Airports, with the state-of-the-art facilities in line with world-class safety standards,” he said.
On the economy, the president said the nation witnessed three consecutive quarters of growth, after negative growth rates recorded in the second and third quarters of 2020.
On security, Buhari announced that the ministry of defence has been instructed to create a modest military-industrial complex for the local production of weapons to meet some of the requirements of the country’s armed forces.
He said the establishment of the industrial complex will address Nigeria’s over-dependence on other countries for military equipment and logistics.
He said the project is being implemented under the Defence Industries Corporation of Nigeria (DICON), a military department responsible for arms manufacture.
“As part of the efforts towards strengthening our national security, we have increased investments in arms, weapons and other necessary equipment; expanded the National Command and Control Centre to nineteen states of the Federation; and established a Nigerian Police Trust Fund, which will significantly improve funding for the Nigeria Police Force,” he said.
The president warned all ministers and permanent secretaries to take seriously all issues relating to the implementation of their mandates towards the attainment of the objectives of the government.
The president also unveiled the presidential priorities performance management system.
He said the system and dashboard, which has been in effect since January, had provided him the opportunity to track projects in real-time with live data.
“In our continuing drive to ensure accountability, we have incorporated a Performance Management Framework into the functions of the Central Delivery Coordination Unit for ease of tracking of the Ministerial Deliverables along the lines of the 9 priority areas of this administration,” Buhari said,
“This initiative has provided me the opportunity to track the performance of all Ministries and by extension my Administration.
“This process has been in effect since January 2021 and today it gives me great pleasure to unveil the Performance Management System and Dashboard to track projects in real-time with live data and early warning system to proactively resolve bottlenecks.”
TheCable
By Eric Elezuo
The Presidency has announce that President Bola Tinubu will be departing Abuja to (Wednesday) for Paris, France, on a ‘short working visit’.
A statement to the effect, signed and released by the Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga, was however silent on the shape of international relationship the working visiting the president was embarking on will take, but noted that Tinubu will use the ‘retreat’ to review his administration’s mid-term performance and assess key milestones, as well as review progress of ongoing reforms.
While acknowledging that the president will spend ‘about a fortnight’ on the trip, the statement added he would supervise administration while away.
The statement in details
PRESIDENT TINUBU TO EMBARK ON WORKING VISIT TO PARIS
President Bola Ahmed Tinubu will depart for Paris, France, today on a short working visit.
During the visit, the President will appraise his administration’s mid-term performance and assess key milestones.
He will also use the retreat to review the progress of ongoing reforms and engage in strategic planning ahead of his administration’s second anniversary.
This period of reflection will inform plans to deepen ongoing reforms and accelerate national development priorities in the coming year.
Recent economic strides reinforce the President’s commitment to these efforts, as evidenced by the Central Bank of Nigeria reporting a significant increase in net foreign exchange reserves to $23.11 billion—a testament to the administration’s fiscal reforms since 2023 when net reserves were $3.99 billion.
While away, President Tinubu will remain fully engaged with his team and continue to oversee governance activities.
He will return to Nigeria in about a fortnight.
President Bola Tinubu has sacked the Group Chief Executive Officer (CEO) of the Nigerian National Petroleum Company Limited, NNPCL, Mele Kyari.
Tinubu also dissolved its board, removing the Chairman, Chief Pius Akinyelure.
Bayo Onanuga, Special Adviser to the President on information and strategy, announced this in a statement on Wednesday.
Onanuga said Tinubu invoked his powers under section 59(2) of the Petroleum Industry Act (PIA) 2021 to carry out the sweeping reconstitution, citing the need for “enhanced operational efficiency, restored investor confidence, and a more commercially viable NNPC”.
He announced that Tinubu has now approved a new 11-man board, which has Engineer Bashir Bayo Ojulari as the Group CEO and Ahmadu Musa Kida as non-executive chairman.
According to the statement, “Adedapo Segun, who replaced Umaru Isa Ajiya as the chief financial officer last November, has been appointed to the new board by President Tinubu.
“Six board members, non-executive directors, represent the country’s geopolitical zones. They are Bello Rabiu, North West, Yusuf Usman, North East, and Babs Omotowa, a former managing director of the Nigerian Liquified Natural Gas( NLNG), who represents North Central.
“President Tinubu appointed Austin Avuru as a non-executive director from the South-South, David Ige as a Non-executive director from the South West, and Henry Obih as a non-executive director from the South East.
“Mrs Lydia Shehu Jafiya, permanent secretary of the Federal Ministry of Finance, will represent the ministry on the new board, while Aminu Said Ahmed will represent the Ministry of Petroleum Resources.”
He added said that all the appointments are effective today, April 2.
President Donald Trump claimed on Monday that Americans want him to run for another term, a step banned by the US constitution but which he continues describing as possible.
“People are asking me to run,” Trump told reporters in the Oval Office when asked about the possibility of a third term.
“I don’t know. I never looked into it. They do say there’s a way you can do it, but I don’t know about that, but I have not looked into it,” Trump said.
Trump was asked about the prospect of a race pitting him against former president Barack Obama, who served two terms.
“That would be a good one, I’d like that,” Trump said.
“I’m not joking” about the idea of seeking a third term, Trump said Sunday in an interview with NBC News.
The 78-year-old Republican served from 2017 to 2021 and began his second term in the White House on January 20.
The first US president, George Washington, established a tradition by not seeking a third term after completing his second one in 1797.
But this tradition was not formally added to the US constitution until after World War II, with the ratification of the 22nd amendment in 1951.
It says no one can be elected president more than two times.
