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 Commences Phase II of The NNPC Road Infrastructure Tax Credit Scheme … Intervention will ensure cash flow, steady projects completion - Fashola The Honourable Minister of Works and Housing, Babatunde Raji Fashola has stated that the Federal Executive Council has approved Phase II of the NNPC/ FIRS Road Infrastructure Tax Credit Scheme. The Minister said that the introduction of the NNPC Tax Credit Scheme will ensure the sustainability of funding critical infrastructure in Nigeria Fashola stated this at a press briefing in Abuja where all the stakeholders, including NNPC, FIRS and contractors were in attendance. The Minister noted that contrary to inadequate funding of infrastructure experienced under the past governments, the administration of President Muhammadu Buhari, has identified alternative sources of funding that could guarantee sustainability from the beginning of the projects to its completion without hitches Accordingly, he explained that the tax credit scheme is a new model that encourages partnership with private companies where taxes are paid in advance to enable the government invest in notable projects that would be beneficial to its citizens like what is going on in the road sectors of the economy. The Minister also mentioned that the Federal Government which has focused on nine major axis of Nigeria, explained that the A1 – A4 axis of the country covers the Northern part of the country, while the A5 - A9 axis covers the East-West zone of the country. He explained that the successful completion of all the roads would lead to sustainable mobility for Nigerians. The roads like Akure – Ado –Ekiti and East-West which people have been complaining about would be adequately catered for with the approval of the second phase of the NNPC Tax Credit Scheme. On payment of compensation, Fashola noted that compensation would not be paid to anyone occupying the government’s right-of-way, saying that the federal government right of way was 5.75 meters on both sides and appealed to members of the communities occupying it to vacate. Earlier, in his introductory remarks, the Permanent Secretary, represented by the Director Overseeing the Office of the Permanent Secretary, Engineer Folunsho Esan, recalled that in line with the Executive Order 7 (2019) approved phase 1 of NNPC/FIRS Road Infrastructure Tax Credit Scheme on the 27th of October 2021. He stated that with the completion of Phase 1, the Federal Executive Council (FEC) has also approved phase II of the scheme to fund 44 critical road infrastructures to the tune of N1.96 trillion naira. Speaking further, Esan said that as it was done with phase I, phase II would be governed by a set of guidelines to be issued to each contractor, adding that there would be a funding intervention agreement to be implemented in addition to the standard condition of the contract governing the execution of the projects. He said: “The availability of this new funding window will ensure steady cash flow and a timely completion of projects.” He also stated that the NNPC intervention which began in October 2021 with phase I has now occupied the top of the log with a portfolio well in excess of N2.6 trillion. On the part of NNPC, the Group Managing Director who was represented by the Chief Financial Officer of the Corporation, Umar Aliya said that funding would not be an issue anymore as the Corporation is committed to fully funding phase II. He said: “We are committed to setting aside funds for phase II. Funding would not be a problem. What is important to us is that our consultant will need to validate the value for money and the quality of work. We will not compromise the quality and timely completion of work. “ The NNPC MD further assured of the availability of fund, saying that “there is no need for excuses. As for us on our part, we are committed and we implore the contractors to do quality work and do it on time so that the road projects can be open for use to Nigerians,” On his part, the Executive Chairman of the Federal Inland Revenue Services, Mohammed Nami, he commended NNPC for the intervention as well as the contractors for the quality of the job done in phase I of the scheme and assured that the NNPC has the capacity to fund the phase II of the scheme. He explained that most of the roads captured by Executive Order 7 to be executed by NNPC were mostly road projects inherited by the administration of Muhammadu Buhari and they are being fixed by the present administration through the taxes paid by Nigerians “So, we are appealing to Nigerians to trust Executive order 007 so that government will continue to provide the physical infrastructure that our people need. “he said. The representative of the indigenous contractors, Isa Muhammed Gerawa, who spoke in the Hausa language, commended the administration of President Muhammadu Buhari for giving equal opportunity to local contractors to execute such contracts. He described the Minister of Works and Housing , Babatunde Fashola as a hardworking and committed Nigerian under whom many dilapidated Nigerian roads have been fixed and a number of single carriageway now dualized. Gerawa also commended the present government for raising the budget of the Works Ministry from N18bn in 2015 to over N200bn, pointing out that it was a clear commitment of the administration’s desire to fix the nation’s road infrastructure for development. ...
FG Hands over 2 Kilometre Road to University of Jos. The Federal Government has commissioned and handed over the two-kilometre road rehabilitated by the Federal Ministry of works and Housing to the Management of the University of Jos, Plateau State. At the commissioning ceremony, the Minister of Works and Housing, Babatunde Fashola who was represented by the Federal Controller of Works in Plateau State, Engineer Usman Abubakar Majin stated that the gap of the infrastructure need was steadily been bridged by the gradual process of repairs, renewal and construction on major highways and schools. The Minister pointed out that the quality of education is connected with the quality of Infrastructure in an institution of learning. He said, "It is undebatable that quality of education will be impacted by the quality of infrastructure and the learning environment and those who doubt it should simply listen to some of the feedback from students in the schools where this type of intervention has taken place." Fashola further said," We have successfully intervened in 64 internal road projects in various Federal Tertiary Institutions and handed over a total of 46 as at March, 2022 and we now have another 18 ready to be handed over while we are currently attending to 19 roads in similar institutions across the Country making a total of 83." The Vice Chancellor of the University, Professor Tanko Ishaya who was represented by the Deputy Vice Chancellor Administration, Professor Joshua Amopitan, expressed profound gratitude to the Federal Government for the road rehabilitation, adding that it has brought a lot of relief to the students and staff of the Institution. He said, "The road was in a terrible shape before it was reconstructed, it will not only benefit the students because it leads to the hostel but also our staff and parents who normally come to the institution." The VC added that the vehicular hiccups normally experienced in the University had been drastically reduced due to the current good condition of the road. He further said that the forthcoming 22nd and 23rd convocation of the University will be merrier as a result of the road. The occasion was witnessed by the Registrar, Dr Rejoice Songdem, Director Physical Facilities, Halima Auta, the University Librarian, Dr. Thomas Adigun and other staff of the institution. It was a joyful moment within and around the University community in Jos, Plateau state. ...
Fashola Hands Over Intervention and Reinstatement of Gully Erosion and Connecting Road At UNIBEN ... Says Buhari Govt intensifies work in our national life Honourable Minister of Works and Housing Mr Babatunde Raji Fashola SAN handed over an important asset, Intervention and Reinstatement of Gully Erosion and Connecting Road at the Ugbowo Campus, University of Benin [ UNIBEN) Edo State. At the commissioning he said " It is true that a lot of work needs to be done in many sectors of our national life, including education, the Buhari government has stepped up to lead the process of getting that work done" Before the completion of the project some staff and students residing close to the Ugbowo Campus of UNIBEN and residents in Iguo-Osaigie and other surrounding communities in Uhunmwonde Local Government Area of Edo were about to be cut off because of the ravaging gully erosion in the area. The Edo State Controller of Works who represented the Minister at the event Engr. (Dr) Aransiola Ademola said " the structural work and the water drainage were professionally displayed and the filling of sand is about 7 metres high " Vice Chancellor, UNIBEN Professor Lilian Salami in her remarks said " this gully erosion has taken its toll on critical areas of development of the University over the years, it is not in doubt. The good news is that we made our pleas and cries to government and the pleas have received the desired attention of government and we are today savoring the result of a government that listens and acts. She said " kudos must also go to our worthy Alumnus of the University, Minister of Works and Housing Babatunde Raji Fashola, SAN for his commitments to the successful implementation of the project". Executive Officer, Edo State flood Erosion & Watershed Management Agency, Dr Tom Obaseki said “We are very happy to see that the reinstatement of gully Erosion and connecting road is completed today , we are always available to support the Federal Government in executing project" The Manager of the Construction Company, Levant Construction Ltd in charge of the project Engr Albert Abboud said ' we have delivered many projects and handed them over to the government, this road was washed because of erosion and it was not motorable before we completed the project" A 300-level student of Animal Science, UNIBEN Edogiawerie Jason said the road was no go area before the intervention work of Federal Government, he thanked the Ministry of Works and Housing for remembering the institution. A student from Faculty of Agricultural Economics and Extension, Courage Uchemefune who was at the event said " I used to work as a dispatch rider, the road was not really good, I appreciate Federal Government for working on the road and the gully erosion, UNIBEN needs more intervention of this type ". ...
FG Woos Investors To Increase Housing Stock
The Honourable Minister of State for Power, Works & Housing, Surv. Suleiman Hassan Zarma, mnis, has said that Federal Government will not relent in its efforts toward providing enabling environment for genuine investors to invest in the Housing Sector of the economy. He added that this will in effect radically increase the housing stock and bridge the Country’s housing deficit.
The Minister, who represented the Vice President at 2017 Housing Summit Conference organized by Housing Circuit Magazine in collaboration with the Senate Committee on Lands, Housing and Urban Development, noted that the theme of the Conference: Addressing Housing Stock Deficit in Nigeria requires a holistic view.
Suleiman informed the gathering that the Federal Government, through the Ministry is taking the lead on Lands and Housing reforms to make land readily accessible and provide shelter for the teeming Nigerian population.
The Minister commended the organizers of the conference and urged participants to focus more on the challenges facing the housing sector of the economy. He enjoined them to come up with strategies aimed at repositioning and reinvigorating the facilitation of affordable housing delivery in the country.
Earlier, the chairman Senate Committee on Lands, Housing and Urban Development, Sen. Barnabas Gemade remarked that the Conference is coming at time President Buhari’s led Administration has put in place an increased public mass housing programme that covers the 36 States of the federation, adding that this is the first action by any Government since the Shagari Administration of Mass Housing Scheme of 1979.
According to Gemade ‘’with an upward review from 35 billion naira budgetary provision in 2016 to 40 billion in 2017 budget, one would be safe to say that President Buhari is tackling housing challenges, but this is to some extent, as more needs to be done.’’
In his goodwill message, the chairman of the occasion and chairman Dangote Group of Company, Alhaji Aliko Dangote represented by Executive Director, Stakeholders Management Services, Engr. Mansur Ahmed stated that the housing sector is one of the most critical sectors to the nation’s economy, adding that the importance of this sector cannot be overlooked as it is one of the major indicators of underdevelopment.
He challenged key stakeholders in the built industry to come together and share experiences, knowledge and perspectives that will bring lasting solution to the problem of housing deficit in the country.
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