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Business

FG says Second Niger Bridge will be completed in 2022, project to cost N414 billion

The Minister of Works and Housing, Babatunde Fashola, has said the second Niger Bridge will be completed by 2022.

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N117 billion approved by FG for road rehabilitation, Second Niger Bridge will be completed in 2022, project, Minister of Power works and housing Babatunde Fashola, Shell Nigeria Exploration and Production Company, SNEPCo Bayo Ojulari, Power supply in Nigeria

The Federal Government has assured that the Second Niger Bridge project is on course and would be completed by 2022.

In the breakdown of the project cost which will cost the Federal Government about N414 billion, it said that the bridge alone would cost N206 billion, while ancillary roads linking the bridge would cost about N208 billion.

READ: Senate summons Fashola, Ahmed over contract sum variation for Second Niger Bridge, others

READ: Mining to contribute 3.0% to GDP by 2025

This disclosure was made by the Minister for Works and Housing, Babatunde Raji Fashola, during a town hall meeting with stakeholders and host communities of Second Niger Bridge on Friday, November 20, 2020.

The minister also carried out a project update inspection of the main works and associated infrastructure of the Second Niger Bridge project in Anambra and Delta States.

He urged agitating persons in the area to think about the economic benefits of the project to them.

READ: FG to repatriate fresh $321million Abacha loot, to be spent on road construction 

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While pointing out that some grounds on the job had been lost owing to conflicts resulting from compensation, Fashola urged people who are agitating in the area, to think about the economic benefits of the project to them

He reminded the stakeholders and host communities that beyond the bridge and the roads, the materials needed for the construction were big economic empowerment for host communities and people of the two states of Anambra and Delta.

READ: Shutdown of OML 25 cost Nigeria over $1.7 billion – NNPC

READ: Nigerians pay heavy price as laptop scarcity bites harder

He said, “Let me speak to what this project will do, what it is doing and what it will be delivering. In order to complete this project, this company will be needing 644 aggregates. The contractors won’t import these; they will be buying them from here.

“They will need four million cubic tonnes of sand; 68,000 tonnes of cement and 21,000 tonnes of re-enforcement. The company will need 19m litres of diesel which will be supplied by contractors as it does not produce diesel while 1400 indigenous workers will be employed to work on the bridge.

READ: Lekki Deep Sea Port must be operational by 2022 – Amaechi

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He noted that from the start of the project the price of land in the area began to go up.

Fashola has for some days, been making official visits to the 3 flagship projects under the Presidential Infrastructure Development Fund and assured of President Muhammadu Buhari’s commitment to the completion of these 3 projects by 2023.

These projects include the Abuja-Kaduna-Kano Dual Carriageway, the main works and associated infrastructure of the Second Niger Bridge and the reconstruction, rehabilitation and expansion of the Lagos-Ibadan Dual Carriageway.

READ: Power: Mambilla Power Project not prioritised by Ministry of Power for 2021 Budget – Finance Minister

 

 

 

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Chike Olisah is a graduate of accountancy with over 15 years working experience in the financial service sector. He has worked in research and marketing departments of three top commercial banks. Chike is a senior member of the Nairametrics Editorial Team. You may contact him via his email- [email protected]

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Business

FG declares Wednesday, Thursday public holidays

The Federal Government has declared Wednesday 12th and Thursday 13th May as public holidays to mark the 2021 Eid-ul-Fitr celebration.

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The Federal Government has declared Wednesday 12th and Thursday 13th May as public holidays to mark the 2021 Eid-ul-Fitr celebration.

This was disclosed in a social media statement issued by Dr. Shuaib Belgore, the Permanent Secretary of the Ministry of Interior, on behalf of the Minister, Ogbeni Rauf Aregbesola on Monday.

What the Minister said

The Minister of Interior, Ogbeni Rauf Aregbesola, while making the declaration on behalf of the FG today in Abuja, congratulated the Muslim faithful on this occasion and called on all Nigerians, at home and abroad to use the period of this year’s Eidul-Fitr celebration to pray for peace, stability and economic transformation in the land.

Aregbesola who believes that development cannot thrive in a rancorous atmosphere, urged all Nigerians to be law-abiding and embrace the spirit of love, self-discipline, kindness and tolerance, as taught by the Holy Prophet Mohammed (Peace Be Upon Him). He also called on all security agencies in the country to be more courageous and patriotic to surmount the ongoing battle against resurging insecurity and activities of criminal elements in Nigeria.

He assured that the resolve of the President Muhammadu Buhari-led administration to end the scourge of crime and criminality in the country and restore peace to every nook and cranny of Nigeria was sacrosanct.

“This administration will not be deterred in its efforts, until every Nigerian and resident of the country, is free to move around without fear of any threat to his/her life and property. We are therefore putting necessary measures and strategies in place to strengthen the stability of the country as well as ensuring economic prosperity of our dear nation,” he emphasised.

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Business

Insecurity: Police to investigate threats by IPOB, Oodua Republic agitators in Lagos

The Lagos State Police Commissioner has revealed that threats by IPOB and Oodua Republic have come under its intelligence radar.

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The Nigerian Police says it will investigate threats made by separatist groups including the Indigenous People of Biafra (IPOB) and agitators of Oodua Republic to attack soft targets in Lagos.

This was disclosed by Hakeem Odumosu, Commissioner of Police in Lagos State in a meeting to discuss insecurity in the state at Alausa in Ikeja, on Monday, according to a Vanguard report.

What the Police is saying about alleged IPOB and Oodua Republic threats in Lagos

“Our intelligence report revealed that, most miscreants now: Use abandoned buildings as hideouts and in most cases, initiation camp, use uncompleted buildings, dwelling house and hotels to hibernate before and after the commission of a crime,” the Police Chief said.

Furthermore, the threat of IPOB to attack soft targets in Lagos is equally being put on the radar of the command intelligence gathering and other security services in the state. Strategies are being put in place to neutralize their activities.

Similarly, the command has taken notice of agitators for the Oodua Republic by some Yoruba separatist groups and the threats to disrupt law and order in the state. 24 of these groups have been identified and are being closely monitored.

The command is using this medium to solicit for the support of all and sundry to be vigilant at all times and report any suspicious person or movement to security agencies. Let us adopt the slogan of “when you see something, say something,” he added.

What you should know

Today, the Lagos State Police Command said in a statement that: “Increase in robbery incidents were as a result of people migrating from troubled states down to Lagos. The government and relevant security agencies including RRS are doing their best in protecting members of the public.”

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