Connect with us

NEWS

Governors seek to take over, manage Federal roads

Published

on

Governors of the 36 states of the federation have agreed to take over the construction and management of some federal roads under a Public Private Partnership (PPP) arrangement.

The governors are to submit to President Muhammadu Buhari a strategic plan that would guide the handover and management process.

Ebonyi State governor, Dave Umahi, who briefed State House Correspondents at the end of the National Economic Council (NEC) meeting presided over by Vice President Yemi Osinbajo yesterday in Abuja, decried the deplorable condition of roads in the country. The development, he said, was worsening and needed states with capacity to manage them with a view to checking the needless carnage and loss of man-hours on these facilities nationwide.

“Council was highly concerned about the failure of our roads, even after fixing them,” he said.

Umahi, who was joined at the briefing by his Kwara and Kebbi counterparts as well the Director General of the Nigerian Export Promotion Council (NEPC), Segun Awolowo, also lamented that the axial load of more than 35 tonnes trucks carrying mostly fuel and other goods was responsible for the failing highways nationwide.

The NEC, which comprises the governors, ministers of Federal Capital Territory (FCT), Finance, Budget, National Planning as well as the Governor of the Central Bank of Nigeria (CBN), directed the Minister of Power, Works and Housing Babatunde Fashola, to also come up with a strategy to regulate the weight of heavy trucks plying the nation’s roads.

According to the Ebonyi State governor, council members were worried that the highways “collapsed within six months after their fixing. We identified that the over-loading is one of the major factors, because in road design, you take an axial load, most of the time you don’t use an axial load of more than 35 tonnes but we have noticed that a lot of our trucks carrying mostly fuel do 45,60,70 tonnes and that’s a major concern to the state governors.”

Umahi said: “The state governors are very much concerned about these failures. It’s been agitating our minds, and we are soliciting that the Federal Government should give out some of these roads to states to fix through investors and toll them.

“And we believe strongly that in view of the number of roads that is being handled by Federal Government, there would be no amount of budget that can fix them.”

The gathering also announced the constitution of a National Committee on Export Promotion to give vent to the country’s economic diversification plan.

Briefing newsmen, governor of Kwara State, Abdul-Fatah Ahmed said the committee to be chaired by his Jigawa counterpart, Abubakar Badaru, is to work with various institutions to ensure that states truly take ownership of the processes of export promotion.

Members of the committee are Lagos State Governor Akinwunmi Ambode and Umahi as well as ‎Ministries of Agriculture and Rural Development, Industry, Trade and Investment, Transport, Power, Works and Housing and Finance.

Other members are representatives of CBN, Nigerian National Petroleum Corporation (NNPC), Nigerian Export-Import Bank (NEXIM) and Nigerian Export Processing Zones Authority (NEPZA).

The panel is equally to draw a single plan based on available templates with a view to enthroning a single stop-shop for access to useful information on export promotion.

The committee, which is also expected to submit an initial report by November, would come up with a concise action plan on how to drive non-oil exports based on the presentations and discussions of the council.

Other highlights of yesterday’s meeting were a briefing by Minister of Agriculture and Rural Development, Audu Ogbe on “Strategic Export Initiatives – A framework and action plan to grow and diversify export of agro-products.”

The minister listed exportable agro commodities to include coffee, cashew nuts, rubber, kola nuts, palm kennel, coconut, cotton, Ogbono, ginger, timber and shrimps.

He told council that agricultural export had increased by 82 per cent in the first quarter of this year, while export earnings from agro goods stood at N30 billion during the period under review.

NEPC made a presentation, “The Zero Oil Plan”, to the council on a strategy to restructure the nation’s economy so it could survive without the black gold.

The council was informed that the country was experiencing the direst fall in revenues in recent history, losing over $100 billion (over N30 trillion) of national export revenue between 2015 and 2017 due to the crash in oil prices.

The council was briefed on the need to rapidly ramp up non-oil exports as future earnings from crude oil face significant headwinds.

The new strategy “ aims at earning at least $30 billion from non-oil sources in the near to medium term as against the current earnings of about $5 billion.”

The objectives of the plan are to shore up the country’s revenue base by $150 billion in the next 10 years, create 500,000 jobs, lift 10 million Nigerians out of poverty and integrate every state in the export value chain.

The focus being export of rice, wheat, corn, palm oil, rubber, hide and skin, sugar, soyabeans and automotive parts, among others.

The destination countries are The Netherlands, China, Iran, Germany, United Kingdom, France, Spain, Italy, India, Saudi Arabia, among others.

NEXIM briefed the council on the “States Export Development Initiative” which is being pursued as a medium to long term strategic plan aimed at stimulating and increasing deliberate funding intervention to SMEs in the non-oil sector for the attainment of its objectives.

The council was also informed that one of the major objectives of the initiative was to contribute to the implementation of economic policies like the ERGP and the Agricultural Promotion Policy.

It added that the initiative was built on schematic transaction dynamics with key features like provision of a dedicated funding of a minimum of N5 billion as a pilot phase with window for other facilities and partnership for transactional support.

The council was further told that the initiative would also help to re-awaken the business consciousness of the states towards export and value -added production, especially in the areas of manufacturing, agro-processing and solid minerals.

The Managing Director of NEPZA briefed the council on the need to have more special economic zones in addition to the Calabar Free Trade Zone.

He said the major defect in the Calabar Free Trade Zone was that the zones had not been linked to the Calabar Port, hence the urgent need to make the facility more effective.

Partnership between the federal and state governments as well as the private sectors was canvassed.

He urged Council to ensure that the location of Free Trade Zones should be done strictly on business consideration.

The NEPZA boss also asked Council to provide incentives for Free Trade Zones to include linkage to rail lines, expressways, proximity to utilities, airports, among others.

The Minister of Budget and National Planning, Udoma Udo Udoma, told the council that the earlier projection on national economy was exit of recession in the third quarter of the year. He, however, noted that the exit from the crisis came three months earlier, that is the second quarter.

He gave the council a breakdown of sectoral performance, adding that agriculture had the highest GDP growth.

He told the council that inflation had come down to 16.01 per cent in the second quarter from over 18 per cent in the last quarter of 2016. The council was also informed that confidence was gradually returning to the economy.

Source: GuardianNgr

NEWS

Enugu State Governor Names Street After Viral Musician, Gentleman Mike Ejeagha

Published

on

Enugu State governor names street after Mike Ejeagha | fab.ng

People often hailed Gentleman Mike Ejeagha as the grandfather of Igbo folk music. He has remained an iconic figure in Nigerian music for over six decades. His influence in the genre is unparalleled, and his timeless work continues to resonate with audiences today.

Recently, his 1983 classic, “Ka Esi Le Onye Isi Oche“, experienced a resurgence in popularity when comedian and skit maker Brain Jotter featured it in a viral video. This newfound fame has brought Ejeagha’s work to the attention of a younger generation. Recognizing his immense contributions to music and culture, the Enugu State government honoured the 90-year-old musician by naming a street after him.

On September 2, 2024, Governor Peter Mbah of Enugu State inaugurated several newly constructed roads. One of these roads was renamed Abakpa Road in honour of Gentleman Mike Ejeagha.

 

View this post on Instagram

 

A post shared by African Folder (@africanfolder)

Enugu State officials honoured the legendary musician, Gentleman Mike Ejeagha.

The legendary musician hails from Imezi Owa in the Eziagu Local Government Area, for his lasting impact on Igbo folk music and culture. The governor made a special visit to Ejeagha’s residence. Emma Ejeagha and Elizabeth Ugwu warmly welcomed the governor upon his arrival at their father’s residence. They are both the children of the renowned musician. They expressed their gratitude to the governor for fulfilling promises made by previous administrations to honour their father’s legacy.

At the street commissioning ceremony, Governor Mbah delighted residents by joining them in the viral “Gwo gwo gwo ngwo” dance steps.

The viral success of “Ka Esi Le Onye Isi Oche” was sparked by Brain Jotter‘s Instagram video on July 5, 2024. This has rekindled widespread interest in Gentleman Mike Ejeagha’s life and career. The song features a clever folklore tale about the cunning tortoise (Mbe) and the mighty elephant (Enyi). This is one of the highlife legend’s most notable works.

Listeners cherish Ejeagha’s music for its incorporation of moral teachings, a wealth of proverbs, and insightful social commentary. Yet, they remain an integral part of Nigerian musical heritage, speaking to generations past and present.

Continue Reading

NEWS

Ayra Starr Expresses Sentiments Over Murder Of Christiana Idowu

Published

on

Ayra Starr expresses anger over murder of student | fab.ng

Nigerian singer Ayra Starr has expressed her outrage over the abduction and murder of Christiana Idowu by Adeleye Ayomide. Christiana is a 300-level student at the Federal University of Agriculture, Abeokuta, Ogun State.

On September 5, 2024, Ayra Starr took to X, passionately calling for better treatment of women in society and demanding justice for the slain student. Her message emphasized the need for immediate action to address violence against women and ensure that the perpetrators are held accountable.

She wrote, “Stop killing us! Stop raping us! Women deserve better #JusticeForChristianah.”

The 300-level student from the Federal University of Agriculture, Abeokuta, Ogun State, Christiana Idowu, was abducted along the Ikorodu-Yaba Road in August 2024.

Christiana Idowu

The kidnappers contacted her parents using her WhatsApp account. This prompted her parents to report her missing on August 19, 2024. They sent pictures of Christiana in captivity through WhatsApp’s “view once” feature, demanding ₦1.5 million in ransom. Her parents managed to raise ₦350,000, which they transferred to a betting account as instructed by the kidnappers.

After receiving the money, the kidnappers asked for a copy of the sender’s bank statement. On August 23, Christiana’s family complied, but the kidnappers cut off all contact shortly after. Investigators traced some of the ransom money to Christiana’s GTB account. Then, someone transferred this money to a Wema Bank account. The account belonged to Adeleye Ayomide, a 200-level student at Olabisi Onabanjo University (OOU). Investigators identified Ayomide as the primary suspect.

Adeleye Ayomide, the primary suspect.

On September 3, 2024, police arrested Ayomide, who confessed to killing Christiana and burying her body at his family home.

Continue Reading

MUSIC

Fireboy’s “Peru” Gets Diamond Certification In France

Published

on

'Peru' diamond certification in France | fab.ng

Fireboy‘s “Peru,” released in 2021, quickly became a global sensation, securing a diamond certification in France. The song charted in several countries, including the US, UK, and France. The Afrobeats rhythmic song resonated with audiences worldwide, earning it a commercial success across multiple regions.

Significantly, the song secured the highest certification for a song in France. The remix features British superstar Ed Sheeran, who played a crucial role in propelling the track to international stardom. This version of “Peru” not only charted in over 20 countries but also made a showing on the Billboard Hot 100. It peaked at No. 53. In the UK, it soared to No. 2 on the Official Singles Chart. Again in France, it reached No. 28, solidifying its status as a global hit.

The success of “Peru” extends beyond just chart performance.

Across both the original and remix versions, the track has amassed over 450 million streams on Spotify alone. It has been awarded a gold plaque in Denmark and achieved double platinum status in the UK. Notably, “Peru” is one of the select Afrobeats songs to earn a platinum certification from the RIAA, further cementing its place in the genre’s history.

Featured on Fireboy’s third album, “Playboy”, “Peru” catapulted him to international fame. This success earned him a BET nomination and a coveted performance slot at the 2022 edition of the awards. Fireboy’s ability to fuse Afrobeats with global appeal has established him as one of Nigeria’s leading musical exports.

With its recent diamond certification in France, “Peru” joins the ranks of other Nigerian hits.

This includes Oxlade’s “Kulosa,” Ayra Starr’s “Rush,” Burna Boy’s “Last Last,” and Rema’s “Calm Down,” all of which have received SNEP diamond certification.

Building on this momentum, Fireboy continues his global ascent with the release of his fourth album, “Adedamola”. The project features collaborations with prominent artists such as Lagbaja, Grammy nominee Seun Kuti, Lojay, and Grammy Album of the Year winner Jon Batiste, showcasing his ever-expanding influence in the music industry.

Continue Reading

Latest

Tips to drink more water daily | fab.ng Tips to drink more water daily | fab.ng
DRINKS5 hours ago

Drink More Water Daily For Health Boost With These 12 Simple Tips

To increase your daily water intake, try incorporating tips to drink more water daily, such as tracking how much you...

Breathing Exercises For Stress Relief | fab.ng Breathing Exercises For Stress Relief | fab.ng
HEALTHY LIVING8 hours ago

10 Breathing Exercises For Stress Relief

For high stress relief, incorporate breathing exercises into your routine. These exercises can promote calmness and relaxation, requiring only a...

How to Style Small Locks | fab.ng How to Style Small Locks | fab.ng
BEAUTY11 hours ago

13 Stunning Ways To Style Small Locks

Small locks, also known as micro locs or sister locks, offer a versatile and low-maintenance hairstyle that’s gaining popularity among...

Fast Fashion: How It Impacts The Environment | fab.ng Fast Fashion: How It Impacts The Environment | fab.ng
FASHION14 hours ago

How Fast Fashion Impacts The Environment 

Sadly, the arrival of fast fashion has dramatically changed the fashion landscape. Trends no longer fade away gradually; they are...

Nigerian Myths We Were Told As Kids | fab.ng Nigerian Myths We Were Told As Kids | fab.ng
ARTS & CULTURE15 hours ago

7 Scary Nigerian Myths We Were Told As Kids

In Nigeria, there’s a special kind of magic that you can’t just see. It’s a feeling. I want to share...

Toke Makinwa says D'banj gave her free money | fab.ng Toke Makinwa says D'banj gave her free money | fab.ng
ENTERTAINMENT1 day ago

D’banj Is The Only Nigerian Man That Has Given Me Free Money – Toke Makinwa Reveals

Nigerian media personality Toke Makinwa has shared a heartwarming story about her encounter with singer D’banj. She revealed that he...

Enugu State governor names street after Mike Ejeagha | fab.ng Enugu State governor names street after Mike Ejeagha | fab.ng
NEWS1 day ago

Enugu State Governor Names Street After Viral Musician, Gentleman Mike Ejeagha

People often hailed Gentleman Mike Ejeagha as the grandfather of Igbo folk music. He has remained an iconic figure in...

"Last Year Single" Debuts On Netflix This September | fab.ng "Last Year Single" Debuts On Netflix This September | fab.ng
MOVIES2 days ago

Omoni Oboli’s “Last Year Single” Debuts On Netflix This September

Nollywood actress and director, Omoni Oboli, has announced that her debut series, “Last Year Single,” produced in 2020, will premiere...

Ayra Starr joins Tems on stage for surprise performance | fab.ng Ayra Starr joins Tems on stage for surprise performance | fab.ng
MUSIC2 days ago

Ayra Starr Joins Tems On Stage For Surprise Performance

Following the release of her debut album, “Born In The Wild,” Tems has embarked on a world tour, where she...

Nancy Isime says she never daydreams about marriage | fab.ng Nancy Isime says she never daydreams about marriage | fab.ng
ENTERTAINMENT2 days ago

When Young Girls Sit Down And Daydream About Getting Married, I Never Did – Nancy Isime

 Nigerian actress Nancy Isime has shared her views on marriage, revealing that, unlike many young girls who dream of their...

-Ad-

under40ceos-starting-a-business
under40ceos-starting-a-business

Trending