News
FG Committed To Executing Projects That will Better Lives of Nigerians
Joel Ajayi
The Honourable Minister of State for Works, HMSW, Mohammad Bello Goronyo, Esq has reiterated the Federal Government’s unflinching commitment to providing quality infrastructure designed to improve the living conditions of the Nigerian people, through well thought out and strategically delivered projects.
Goronyo made this statement on Tuesday, 17th December, 2024, at the official commissioning ceremony of solar- powered streetlights along Sultan Abubakar International Airport Road in Sokoto, Sokoto State, stating that, amongst other benefits, the streetlights will create visibility, improve the socioeconomic wellbeing of the community, ease travel stress on the road users, as well as mitigate security challenges.
While also maintaining that the project is very strategic because it is both an entry point for travelers to Sokoto through the Airport and the fact that Sokoto is the coordinating nerve center of the adjoining states of Zamfara and Kebbi, the HMSW insisted that the commissioning aligns effectively with the vision of President Tinubu’s Renewed Hope Agenda.
He described the President as a committed, astute and patriotic leader, who is all out to ameliorate the living conditions of Nigerians, as well as to right the many wrongs of yester years.
He congratulated the Federal Airport Authority of Nigeria (FAAN) and communities within the corridor for having the streetlights, also urged them to take ownership of the project and full advantage of the inherent opportunities.
The Managing Director/CEO, Federal Road Management Agency (FERMA) Engr. Chukwuemeka Agbasi, described the project as iconic and of strategic importance to Sokoto, as it will enhance travel experience and the economic lives of the people being capable of prolonging their trading time.
The Honourable Minister and the MD/CEO, thereafter, led other dignitaries and stakeholders to commission the Sokoto – Ilela Road, recently rehabilitated by FERMA. It is about 58 kilometres, linking Sokoto to the border town on the Nigeria-Niger Republic border.
The Minister described the project as very strategic, as it is capable of providing employment opportunities, as well as curbing threats of insecurity. He, however, warned that the palliative works were done through taxpayers’ money, warning that Government will not continue to fold its arms, while road users, especially articulated vehicles damage it without paying.
“Vehicles found damaging the roads will be impounded and made to pay for it before they are released, to serve as deterrent to others,” Goronyo further warned.
News
Ogunlesi backs Tinubu reforms as FIRS chairman Adedeji highlights export-led economy
Joel Ajayi
After a high-level meeting with President Bola Tinubu in Abuja, Nigerian-born global investor Adebayo Ogunlesi expressed renewed confidence in the country’s economic reforms, indicating potential mega investments across energy, aviation, and port sectors.
He was joined in that optimism by Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS), who stressed that the reforms were laying the groundwork for an export-driven economy.
Speaking to journalists after the closed-door meeting, Ogunlesi praised the sweeping policy changes under Tinubu’s administration, including the removal of subsidies, tax reforms, and the revival of a refinery already exporting aviation fuel.
“We had an excellent meeting where we discussed how to put Nigeria front and center for international investment. The President was very encouraging, and we shared useful suggestions on driving economic growth,” Ogunlesi said.
Although he declined to reveal specific details, Ogunlesi confirmed that his firm is actively investing in Nigeria and assessing new opportunities.
“Watch this space. Nigeria is not yet the most exciting investment destination, but that’s what we are working on,” he teased.
Pressed on the sectors of interest, Ogunlesi highlighted energy, gas, aviation, ports, and renewables. Drawing on his firm’s experience with LNG projects in Texas and Australia, he noted Nigeria’s massive untapped gas reserves.
On aviation, he acknowledged his reputation as “the guy who bought Gatwick Airport” and signaled interest in similar ventures locally.
He also admitted that one of his companies operates ports in Cotonou and Lomé but none in Nigeria, a point Tinubu reportedly challenged him on.
“He forgave me but said, ‘you have to bring port investment to Nigeria,’” Ogunlesi recounted with a smile.
International investor Hakeem Bello-Osagie, who was also present, underscored the importance of diaspora participation in Nigeria’s growth story.
“When Nigerians at home and abroad invest in Nigeria, it sends a strong signal to the world,” he said, lauding Tinubu’s policies for making the country “investable.”
Echoing the sentiment, FIRS chairman Adedeji described the reforms as the foundation for an export-led economy.
“We’ve done the fundamentals, and now it is time to deliver growth,” he said.
With global players signaling confidence, the momentum for Nigeria’s economic repositioning is gaining ground, setting the stage for transformative investments in key industries.
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