Connect with us

Headlines

FG’s Lagos-Calabar Coastal Highway is a Fraud – Atiku

Published

on

Former vice president Atiku Abubakar on Thursday described the N15.6 trillion attached to the 700km Lagos-Calabar Coastal Highway as its tentative cost by the Minister of Works, Dave Umahi, as wasteful and a highway to fraud.

In a statement emanating from his media office, he criticized the minister for altering the initial plan of the project after Gilbert Chagoury’s Hitech had been awarded the contract without any competitive bidding.

The statement observed that Umahi had, during his media rounds at select TV stations on Thursday, said the road project would cost N15.6 trillion ($13bn at an exchange rate of N1,200/$1), while the rail, which will pass through the road, will be costed separately.

Atiku stated: “Umahi had announced that the project would be fully funded by Hitech, and based on this, there was no competitive bidding. He (Umahi) then turned around to say that Hitech could only raise just 6% of the money for the pilot phase. This smacks of deceit.”

The statement pointed out that the minister had also said the project would not be undertaken under a Public-Private Partnership (PPP), but the government would be providing 15%-30% counterpart financing.

Responding to this revelation, Atiku said the tentative cost was equivalent to the total budget of all 36 states of the federation combined.

He added: “The total budget of all 36 states of the federation for 2024 stands at about N14 trillion. If you add that of the FCT, the entire budget of all sub-nationals is N15.91 trillion. This is scandalous. Worse still, they have already awarded the contract but are still not sure of the level of the counterpart funding component of the federal government!

“Umahi had said in September 2023 that Gilbert Chagoury’s Hitech had the money to construct the highway and that it would be PPP. Hitech was to build, operate, and transfer it back to the Nigerian government after years of tolling.

“It was reported by every media organization, including those owned by Tinubu. It was on the basis of this proposal that Hitech was picked. Why did Umahi then turn around to claim that it was not to be a PPP but that the government would pay 15%-30%?”

The presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election noted that in the 2024 budget, the project was captured as the Lagos-Port Harcourt coastal highway and was put at a cost of N500 million.

“Although the National Assembly approved N500m for the project this year, the Tinubu administration has released N1.06tn. That is more than 200 times what is in the Appropriation Act. This is what happens when the National Assembly fails in its duties,” he added.

Atiku said it was curious that the N15.91 trillion announced by Umahi did not include the cost of the railway component. He, therefore, wondered how much the project would cost if the railway component is included.

“If N15.6 trillion is for the road component alone, then the total cost could be far higher when the railway is included. We want to know the cost of the railway,” he said.

The Tribune

Continue Reading
Advertisement


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headlines

Why We’re Charging Helicopter Landing Fee – Aviation Ministry

Published

on

The Ministry of Aviation and Aerospace Development on Monday said the introduction of helicopter landing levies was in line with global best practices and cost recovery measures.

This is contained in a statement by Odutayo Oluseyi, Head, Press and Public Affairs of the ministry in Lagos.

According to Mr Oluseyi, the ministry recognises the importance of helicopter operations in Nigeria’s aviation industry and is committed to implementing international best practices in helicopter operations.

He said that helicopter landing levies were commonplace in countries such as the US, the United Kingdom, India and various other regions worldwide.

He maintained that Tallahassee International Airport in Florida began implementing helicopter landing levies under Vector Airport Systems, since 1 October 2022.

Mr Oluseyi said helicopter landing levies were common across airfields in the United Kingdom, ranging from major commercial ones, to small general aviation fields.

He added that, typically, helicopter levies matched or exceeded those for fixed-wing aircraft, and varied based on factors like location and services provided.

“The federal government has granted NAEBI Dynamic Concepts Ltd exclusive rights to collect helicopter landing levies in line with the MoU between NAEBI Concept and NAMA (focal Agency), Federal Airport Authority of Nigeria (FAAN) and the Nigeria Civil Aviation Authority (NCAA).

“It is instructive to note that NAMA, under the Act as amended in 2022, is empowered to collect aeronautical revenues in both the upper and lower airspace to support her self-sustainability.

“However, over the years, NAMA has predominantly relied on the upper airspace for her revenue generation.

“Government in her wisdom, having discovered a lacuna on the lower airspace where helicopter operations is dominant, directed NAMA to live up to its responsibilities, to enable them generate enough resources, to sustain their aeronautical architecture, enhance security and surveillance and improve the overall quality of helicopter operations in Nigeria,” he said.

According to Mr Oluseyi, the government is confident that the move will improve capacity, efficiency, safety, security and attract more investments in the aviation industry.

Premium Times

Continue Reading

Headlines

Fubara Vows to Probe Previous Rivers Administrations

Published

on

Rivers State Governor, Siminalayi Fubara, has said he will set up a panel of inquiry to look into the affairs of governance in the state.

Fubara disclosed this during the swearing-in and administration of the oath of office on Dagogo Iboroma, SAN, as the Attorney General of the state and Commissioner for Justice.

The governor criticised recent comments by the former Attorney-General of the State and Justice Commissioner, Prof. Zacchaeus Adangor, SAN, who resigned from his cabinet over a fortnight ago and urged the new Attorney-General to defend the state.

Fubara stated, “It is not the one that while you were here… the only thing you do is to sabotage the government.

“Instead of you to close your mouth, you publicly claim that you’re a learned person to tell people that you’re the Chief Law Officer. Chief Law Officer, you were here and went to stand before a Magistrate Court.

“At that time you didn’t remember that you’re a Chief Law Officer going against the ethics of your job.”

Addressing the new AG, the governor said, “You have a big task. As it is today in the local parlance, they say the jungle has matured. We will be setting a panel of inquiry to investigate the affair of governance.”

The governor further said there was a deliberate attempt to sabotage his administration, saying, “If we disagree, no matter how bad it is, it should be resolved.

“But it has become very clear that this disagreement there is no headway to it, and for many reasons, there is very visible evidence that there is sabotage, a deliberate attempt to sabotage this administration.

“Maybe where they are, they are telling them nothing will happen, it is happening here live, we have our own legislators that are performing their duties according to the Constitution. So that record is threatened.”

Continue Reading

Headlines

Tobi Amusan Again! Sets New World-Leading Record

Published

on

The world record-holder in the women’s 100m hurdles, Tobi Amusan, was the fastest over the barriers, setting a world-leading time of 12.40 (0.9m/s).

Danielle Williams, a two-time world champion, was ahead for most of the race but lost her rhythm over the final two hurdles and finished second with 12.46.

“This is the healthiest I’ve been. It’s a pain-free season compared to other years,” World Athletics website quoted Amusan to have said.

“I told myself: ‘I’m not getting a DQ today’. I’m not the best of starters, but looking at how I executed today, it could have been better, but I am thankful for the win.”

Nigeria’s Minister of Sports, John Enoh, took to his X handle to congratulate the Nigerian athletics queen for her latest feat.

“Take your flowers Tobi Amusan, you stormed to an emphatic win in the women’s 100m hurdles at the Jamaica Athletics Invitational, clocking a time of 12.40s (0.9), a World Lead time!

“You defeated World Champion Danielle Williams, who came 2nd in 12.46s, while Christina Clemons was 3rd in 12.54s.

“Tobi, you keep making our country proud. Paris Olympics is around the corner, your performance gives us hope just like others that Nigeria is set to break a jinx. Keep soaring, we are proud of you,” Enoh wrote.

Continue Reading