CEMENT MANUFACTURERS MUST REDUCE PRICES, TINUBU IS RETAKING NIGERIA — UMAHI The Honourable Minister of Works, Senator Engr. David Umahi, CON, has called on cement manufacturers across the country to immediately reduce the price of cement, insisting that the current cost of the product is placing pressure on ongoing infrastructure projects and increasing demands for contract variations. Umahi made the call while delivering keynote address at the official unveiling of the new corporate identity of Lafarge, now rebranded as HBM, a member of the HUAXIN Group, held at the Lagos Continental Hotel on June 21, 2026. Speaking before industry leaders, investors, and stakeholders, the Minister emphasized that the Federal Government would engage cement manufacturers from July 1 to address the issue of cement prices. “I want to insist that Lafarge now HBM and other manufacturers of cement should reduce their prices,” Umahi declared. “We shall be engaging on this from First of July. Manufacturer of Cement must reduce their prices because the contractors are chocking me to review their contracts. But nobody is reviewing anybody’s contract. It’s the manufacturers of cement that should review their cost.” The Minister noted that President Bola Ahmed Tinubu’s administration is investing heavily in critical infrastructure across the country, creating unprecedented opportunities for manufacturers and investors. He urged HBM and other industry players to expand their capacity to meet the growing demands of the nation’s infrastructure revolution. Commending the company on its transition and renewed commitment to the Nigerian market, Umahi assured the management of government support and partnership. “I commend you very highly and I say welcome onboard and we are going to work together. The market is smaller than what the president is doing. So, enlarge your coast,” he said. The Minister used the occasion to highlight the remarkable progress being recorded under President Tinubu’s Renewed Hope Agenda, particularly in the area of infrastructure development. He pointed to the Lagos-Calabar Coastal Highway as one of the evidences of the administration’s bold vision and commitment to national transformation. According to him, the quality and scale of the project have continued to attract global attention and admiration. “When the Dudge Bank came to evaluate our project, they said it was undervalued and that the project is of topmost quality. Today, Our neighboring nations are coming to steal the technology of the coastal highway.” Umahi expressed profound appreciation to President Tinubu for providing the leadership and political will driving the country’s infrastructure renaissance, assuring Nigerians that the administration remains firmly on course to restore national prosperity. “I want to use this opportunity to thank President Bola Ahmed Tinubu and I commit that Mr. President is committed to retake this country. The President knows what he is doing. The vision and mission are achievable and we are on course and this country will be taken back for the good of Nigerians.”
Good Roads Enhance Rapid Socio-Economic Development - Fashola The Minister of Power, Works and Housing Babatunde Raji Fashola, SAN, has said good road guarantees safety road users comfort, promotes good health and enhances rapid economic development, reduce travel time, less vehicle operation cost and timely delivery of goods and services nationwide. He made this known today while commissioning the Abuja-Kaduna (Zuba) Expressway; he was represented by the Director Highways (Construction and Rehabilitation) Engr. Yemi Oguntominiyi. The Minister disclosed that prior to the repairs, the existing dual carriageway was characterized with several failed section, potholes and multiple cracks; the scenario had led to many black spots resulting to avoidable accident, Kidnapping, armed robbery, increased travel time and high vehicle operating costs. He further said that the emergency rehabilitation of the Expressway is necessitated by proposed maintenance of works to be carried out on the runway of the Nnamdi Azikiwe International Airport, Abuja. The Kaduna Airport is designated to serve as an alternative landing airport for all local and international flights to Abuja while the Abuja Airport undergoes repairs. Fashola said that the Kaduna Dual Expressway, Route A2 has a total length of 165Km (all together 330Km) linking the Kaduna Western Bye Pass interchange at Kaduna to interchange in Zuba Abuja. He added that the road principally links the Federal Capital Territory (FCT) Abuja, to the Northwest and extends to some Northeastern parts of the country via Kaduna. The Minister appreciated the contractors for delivering the project within the agreeable period of 7th January to 28th February 2017, and prayed the Federal Ministry of Aviation will equally deliver the repairs of the runway within the stipulated 6 weeks. ...
Inspection Tour Of South-South Zone : Fashola Preaches Peace As Only Viable Means To Achieve Economic Recovery, Prosperity *“Everybody wins when there is peace and nobody wins when there is conflict”, he says *Commends National Assembly, South-South Parliamentarians for support on Infrastructure Development *Underscores role of FG , Federal Controllers of Works as partners in progress not competitors with States The Minister of Power, Works and Housing, Mr. Babatunde Fashola SAN has advocated peace in the country as the only means to achieve the overall development of the country saying in the atmosphere of peace everybody wins while nobody wins in a situation of conflict. Fashola, who spoke while touring on-going Federal road projects across the five South-South States of the country, said in spite of political and ideological differences, the most important objective of the nation was to develop Nigeria for the benefit of all Nigerians. In all the States he paid courtesy calls on the Governors after inspecting the projects, the Minister reiterated the importance of peace as a vehicle of development through investments by both local and foreign investors pointing out that no investor would want to commit his capital in an insecure and conflict prone environment. Speaking against the backdrop of constant sabotage of gas pipelines in the Niger Delta region which had a negative impact on Gas supply to power plants in the country, Fashola told his hosts, “We need to find peace here very quickly and the story must change and this is not a place the story suggests you can’t work”, adding that the main reason for his visit was to come and see first-hand whether what was being said about the region was true. The Minister, who acknowledged that the grievances of those who sabotage the pipelines was equally important added, “You will see that in the last few days, the Acting President has been particularly busy in this area trying to reach out to communities to see what methods and efforts would bring peace; because that is really when we will begin to talk of the economy and prosperity, when we have peace”. “So as I continue to say, our brothers who are angry in this Nigerian family must understand that damaging the household is not the best way to express their anger. That does not make their grievances unimportant; but destroying the house and bringing down the roof does not solve their anger. So there must be a meeting of minds somewhere”, the Minister said. According to him, “Let us produce fuel, let us earn money; we fought for OPEC to cut production so that the price can go up so why are we now breaking the pipelines? It means that we can’t produce and benefit from what we fought for. The price of oil has gone up from over $40 to over $50. We made all the efforts through OPEC and now we can’t benefit from it, it doesn’t make sense”. The Minister, who pointed out that peace would mean that teachers and workers could be paid, while gas production would be enhanced to support more power production, declared, “That will give comfort to small businesses, villages, communities, welders, when we have the extra 3,000MW. Then it is in that atmosphere of peace that we can then solve the problems of our brothers. Everybody wins when there is peace and nobody wins when there is conflict”. Fashola, who said more ambassadors were needed who would be proud and feel safe to work in the region, said that would encourage investments in infrastructure which, according to him is desperately needed in the region adding, “But we can only do that by collaboration, by peace and partnership.” The Minister, therefore, advocated a better synergy between the Federal and State governments in the development of the country pointing out that the Federal Controllers of Work in the various states were sent as ambassadors of the Federal Government for the establishment of partnership between the two levels of government. At the Government House Yenagoa where he paid a courtesy call on the Governor of Bayelsa State, for example, Fashola reiterated his message to all the other Governors he had visited during the tour of the region, “I will urge you to accord the Federal Controller of Works here the same if not better treatment which we accord the foreign people that come here. They are our Ambassadors for partnership and collaboration with you and not to compete with you”. According to the Minister, “We can only address the infrastructure work that needs to be done here by peace and partnership”, adding that not only did the Governor and himself have their jobs cut out for them but the governors in the South-South “must step up now and change the conversation” around the region. At an interview after inspecting the road projects in the State including the construction of the Yenagoa-Okaki –Kolo Road, the Minister, who acknowledged the challenges of infrastructure in the region due to its topography, however, said the importance of the region to the Federal Government was such that it must get all the attention it deserved. He reiterated that paucity of fund was not the major challenge to completion of road projects, especially in the Niger Delta region adding that it took the commitment of the Buhari administration, which he said increased capital budget from 15 per cent in the 2015 and previously to 30 per cent in 2016, to remobilize contractors back to sites they abandoned for more than two years due to non-payment of contract fees. According to the Minister, “As at the time when we had money, when a barrel of oil sold for $100 per barrel, we did not take the issue of roads seriously because the capital budget then used to be 15 per cent. It is the Buhari administration which is increasing capital budget to 30 per cent which means that this government is taking the issue of roads more seriously and that is why we are here.” The Minister commended the members of National Assembly for their supportive role in approving budgetary provisions for the Ministry and especially for their cooperation towards the proposed new bulk budgeting system for infrastructure development which would help ensure that Contractors no longer abandon project sites simply because their names were not in the budget for a particular year. Fashola also thanked the lawmakers especially those representing the people of the Niger Delta states, for their contribution and support to the on-going infrastructure development across the country and Niger Delta saying their cooperation had enabled the government to forge ahead with the remobilization of contractors to previously abandoned road contracts including the Yenagoa-Okaki –Kolo Road. The Minister, particularly commended Senator Ovie Omo-Agege, Senator Magnus Abe and former member of the House of Representatives, Hon. Halims Agoda for drawing his attention to various roads in their Constituencies which according to him, had received due contract approval resulting in the remobilization of the contractors and resumption of activities on the sites. On-going road projects inspected during the three-day inspection by Fashola and senior officials of the Ministry include, the Calabar-Ikom-Ogoja Road (Sections 1 and 2), Calabar-Akamkpa Road and Akamkpa-Alesi-Ugep (Iyamoyong), Calabar-Ugep-Katsina-Ala, Clabar- Odukpani Junction among others in Cross River State, Umuahia-Ikot-Ekpene in Abia/Akwa Ibom States, Ikot-Ekpene-Aba-Port Harcourt and Enugu-Aba-Port Harcourt Expressway (Section iv). Others are Bodo - Bonny road with Bridges across Afa, Opobo and Nanabie Creeks in Rivers State ,Warri-Sapele Expressway (repairs) and Sapele-Ewu (Section 1) and Sapele-Agbor in Delta State and Dualisation of Lokoja-Benin road (Section iv) and Ehor-Benin City in Edo State, among others The Minister had earlier undertaken a similar inspection tour of highway projects in the South-East and North Central Zones of the country. ...
US$151m, N8b Looted Funds Recovered As FG's Whistle-Blower Policy Yields Fruit The Federal Government's Whistle-blower policy has started yielding fruit as it has so far led to the recovery of US$151 million and 8 billion Naira in looted funds, the Minister of Information and Culture, Alhaji Lai Mohammed, said. In a statement issued in Lagos on Sunday, the Minister said the looted funds, which do not include the $9.2 million in cash allegedly owned by a former Group Managing Director of the NNPC (which was also a dividend of the whistle-blower policy), were recovered from just three sources through whistle-blowers who gave actionable information to the office of the Minister of Justice and Attorney-General of the Federation. The biggest amount of $136,676,600.51 was recovered from an account in a commercial bank, where the money was kept under an apparently fake account name, followed by 7 billion Naira and $15 million from another person and 1 billion Naira from yet another. ''When we told Nigerians that there was a primitive and mindless looting of the national treasury under the last Administration, some people called us liars. Well, the whistle-blower policy is barely two months old and Nigerians have started feeling its impact, seeing how a few people squirrelled away public funds. It is doubtful if any economy in the world will not feel the impact of such mind-boggling looting of the treasury as was experienced in Nigeria. ''Yet whatever has been recovered so far, including the $9.2 million by the EFCC, is just a tip of the iceberg,'' Alhaji Mohammed said. He appealed to Nigerians with useful information on looted funds to continue to provide the authorities with such information, saying confidentiality will be maintained with regards to the source of the information. The Minister also reminded Nigerians of the financial reward aspect of the policy, saying ''If there is a voluntary return of stolen or concealed public funds or assets on the account of the information provided, the whistle blower may be entitled to anywhere between 2.5% (Minimum) and 5.0% (Maximum) of the total amount recovered''. ...
DRIVING NIGERIA’S FUTURE: CELEBRATING TWO YEARS OF TRANSFORMATIVE LEADERSHIP AND THE LAGOS-CALABAR COASTAL HIGHWAY MILESTONE
DRIVING NIGERIA’S FUTURE: CELEBRATING TWO YEARS OF TRANSFORMATIVE LEADERSHIP AND THE LAGOS-CALABAR COASTAL HIGHWAY MILESTONE
MID -TERM REVIEW MEETING ON THE IMPLIMENTATION OF THE DECISIONS REACHED AT THE 29TH NATIONAL COUNCIL ON WORKS (NCW) DAY 1
MID -TERM REVIEW MEETING ON THE IMPLIMENTATION OF THE DECISIONS REACHED AT THE 29TH NATIONAL COUNCIL ON WORKS (NCW) DAY 1