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.”
FG approves construction of Ilorin-Omuaran-Kabba road; Consultancy for transmission lines. The Federal Executive Council (FEC) also on Wednesday approved the construction of the section 1 of the Ilorin-Omuaran-Kabba Road for N21 billion to link Kwara and Kogi states. The Minister of Power, Works and Housing, Mr Babatunde Fashola, said that FEC also approved a N589 million consultancy for Environmental Impact Assessment on the 200 kilometre Olorunshogbo Transmission line. Fashola said the projects were consistent with the programmes of the federal government to reduce travel time and improve power supply to parts of the country.. “The second approval was for consultancy services for professionals to conduct line-route studies, Environmental Social Impact Assessment and resettlement action plan as well as environmental social management plan. “(It) is in order for us to access the Japanese International Cooperation Agency (JICA) loan to support the Transmission Company of Nigeria (TCN) to continue its transmission grid expansion programme.’’ The Minister said that the TCN projects cover the routes which the transmission line would pass through. He added that the 200 kilometre line would enable TCN evacuate power from the Olorunshogbo power plant to industrial clusters in Ogun and parts of Lagos state. In his briefing, the Minister of Agriculture, Chief Audu Ogbe, said that the committee set up on the rising cost of food prices has submitted an interim report to the Council. According to him, the committee identified the causes of the rise in prices as high cost of transportation and illegal taxation by states and local governments on producers and transporters. He said that the good thing was that there was no real shortage of food, adding that Nigerians were groaning under the pain of high prices. He attributed the high cost of transportation to the complete reliance on roads for evacuation of produce coupled with high cost of diesel and difficulties of trucks to move to places at the old fares. “So we considered the following alternatives using railway wagons on the current railway networks as we did before. When we moved cattle from the North West to Lagos by rail, we brought down the costs. “We avoided the multiple taxation visited on transporters in this country by local governments, road blocks, most of them not very legal, along the high ways, which delay movement and cause damage to a lot of foods like tomatoes. “We decided to work with the state governments and the police to reduce those delays and we are going to adapt what they have in Cote D’Ivioire where trucks carrying food are given labels. “In fact in Cote D’Ivoire, they cannot be stopped for more than 10 minutes anywhere even if something serious has happened. “The security agencies will follow them to the port or to their destinations and come back to investigate whatever happens. “Finally, we shall be looking into our reserves , if the situation in the next few days persists, then we have to see what we can bring out to lower the prices. (This is) because another round of harvests would be coming up again by the end of March,"Audu Ogbe said. The Minister said there was really no starvation in the country, adding that there was also a lot of pressure on Nigerian food from West, North and Central Africa. “Our food production is very robust and we are doing pretty well,’’ he added. ...
FG to Boost Economy by Consolidating on Existing Housing Projects Across The Nation The federal government has reiterated that it will consolidate on the various existing housing projects across the nation as a way of boosting the economy and taking Nigeria out of the present economy recession. The minister of Power, Works and Housing, Mr Babatunde Raji Fashola, SAN, stated this while presenting the 2017 budget proposal of the Housing Sector of the ministry at the Joint Committee on Works, Power, Housing and Urban Development recently. The minister, while giving an overview of the 2016 appropriation noted that despite the delay in budget passage of 2016 coupled with the process of finalization/standardization of the prototype designs for the National Housing Projects which was concluded around December, the ministry has issued award letters to competent and successful contractors. The contractors, who have since been mobilized, have moved to their various sites to commence work. He further stated that the ministry was only able to achieve about 57 per cent of the estimated budget appropriation in 2016 due to paucity of funds and delay in releases, adding that the ministry will have done better if sufficient funds were released for designated projects. Fashola said that the country will soon begin to feel the impact as laid-off workers have been re-absorbed, more are being employed, goods and services are in exchange and the local economy of the various project locations/sites around the country are now taking shapes. While giving the broad framework of the proposal for 2017, the minister noted that the highlight of this year’s budget will focus mainly on the National Housing Programme, completion and award of new federal secretariats in some states of the federation and payment of outstanding local debt to contractors, adding that this in the overall will positively impact on the nation’s economy. The chairman, Joint committee on Works, Power and Housing Urban Development, Hon. Ahmed Babba Usman Keita thanked the minister and his team for their efforts and requested that the minister should furnish the committee with a detailed breakdown and clarifications of the proposed 2017 budget to help in facilitating necessary appropriation for the ministry. Hon. Keita also assured the minister that the committee will use every constitutional means available to it to ensure the release of adequate funds to the ministry. ...
FG To Ensure Speedy Completion of Projects in the South –East The Minister of Power, Works, and Housing, Mr. Babatunde Fashola says the present administration led by President Muhammadu Buhari will ensure that contractors handling federal road projects in the South- East complete them within the specified time frame. Mr. Fashola who stated this when he visited the Anambra State Governor, Chief Willie Obiano at Governor’s Lodge, Amawbia said the Federal Government had put modalities in motion for the prompt release of funds and monitoring of the projects. The Minister, who said that he was in Anambra State to rap- up his inspection tour of federal roads in the South East, noted that it was the intention of Federal Government to ensure that the roads, especially those connecting the States within the zone and with other regions were in good motorable condition. Mr. Fashola who disclosed that alternative measures were been put in place to end the frequent failure of the Ninth-Mile-Ugwu Onyeama section of the Enugu – Onitsha Expressway pointed out that time and economic activities have improved in places where work had been completed on the Port Harcourt highway. He reiterated the commitment of the present administration to support the state governments in the zone to achieve their development objectives and appealed to them to allow their Commissioners of Works to liaise with Federal Controllers in their areas to workout modalities for more efficient service delivery. On the issue of Second Niger Bridge as well as the power situation in the country, the Minister explained that the Federal Government last year gave approval for early pilling works at the site, while it had adopted a three pronged approach to address the power challenges in the Country. Governor Willie Obiano who expressed delight that the bad portion of the Umunya-Awkuzu axis of the Enugu- Onitsha Expressway would soon be included in the ongoing reconstruction of the highway appealed for more Federal Government presence in the area. He pledged the support of Anambra State Government to the efforts of Federal Government to transform the Country. In their separate remarks, the Federal Controllers of Works and Housing respectively in Anambra State, Messrs Edward Bosah and Newton Okorafor assured of the Federal Government commitment to initiate meaningful development in the South- East zone. ...
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