News
FG Rallies Stakeholders to Tackle Youth Poverty and Unemployment through YEIDEP
Joel Ajayi
The Federal Government has brought together key stakeholders to confront the pressing challenges of poverty, unemployment, and insecurity facing Nigerian youth through the Youth Economic Intervention and Deregulation Program (YEIDEP).
At the YEIDEP Implementation Stakeholders Retreat, the Honourable Minister of Youth Development, Comrade Ayodele Olawande, underscored the urgent need to respond to the growing realities of economic hardship, violent extremism, crime, and antisocial behaviour among young people.
He stressed that the solution lies in providing sustainable economic opportunities especially through agriculture and its value chains to reduce unemployment and disillusionment.
The Minister urged stakeholders to take ownership of YEIDEP’s rollout by defining clear responsibilities, creating a roadmap, setting measurable timelines, and ensuring accountability at every stage.
“YEIDEP is not just another government initiative; it is a national mission essential to Nigeria’s peace, stability, and prosperity,” Comrade Olawande said. He encouraged participants to collaborate, innovate, and empower young Nigerians to embrace enterprise, resilience, and productivity.
Represented at the event by his Chief of Staff, Muhammed Abdullahi, the Minister reaffirmed the Ministry’s commitment to working closely with partners so that YEIDEP delivers real, lasting benefits for Nigerian youth while also contributing meaningfully to national development.
Providing an update on financial partnerships, the Ministry’s Director of Finance and Accounts, Warrens Bekearadebo Augusta, announced that 9 out of 20 invited banks have officially joined YEIDEP, opening accounts, registering beneficiaries, and facilitating financial operations. She added that 3 to 4 more banks are likely to come on board once they meet the necessary requirements.
She further revealed that registration for the first tranche of beneficiaries has been completed, with over 8,000 verified participants enrolled. To manage them effectively, banks are being grouped into clusters, with monitoring frameworks, accountability measures, and timelines already established.
The YEIDEP Coordinator, Comrade Kennedy Iyere, described the programme as a “necessary revolution” for Nigeria’s survival and prosperity. Drawing from his experience across five continents and 77 nations, he emphasized that Nigeria’s struggles are not due to a lack of resources or opportunities but rather to weak political leadership in the past.
He assured stakeholders that YEIDEP is firmly committed to equipping young Nigerians with the skills, resources, and opportunities they need to thrive, empowering them to drive enterprise, strengthen resilience, and contribute significantly to national progress.
News
FG Commits To National Development With Major Contract Agreements — Umahi
Joel Ajayi
The Federal Government, through the Federal Ministry of Works, has again signed landmark contract agreements with four (4) construction firms to execute critical road projects across the country, in line with the Renewed Hope Agenda of the administration of President Bola Ahmed Tinubu, GCFR. The contract signing ceremony, held on Thursday at the Ministry’s Headquarters in Mabushi, Abuja, marks another major step in the Federal Government’s commitment to delivering durable, sustainable road infrastructure that enhances connectivity, stimulates economic growth, and improves the quality of life of Nigerians.
The four contractors and their respective projects are as follows:
1. Messrs J. Patel and Sons Nigeria Limited – Reconstruction of Mando (Kaduna) – Birnin Gwari Road in Kaduna State,
2. Messrs JRB Construction Company Limited – Dualisation of Ibadan–Ijebu Ode Road in Oyo and Ogun States,
3. Messrs Truecrete Solutions Limited – Construction of Osogbo–Ikirun–Akoda Road in Osun State and
4. Messrs Peculiar Ultimate Concerns Limited – Construction of Osogbo–Iwo–Ibadan Road in Osun and Oyo States.
Speaking during the event, the Honourable Minister of Works, Engr. David Umahi, CON, FNSE, FNATE, described the projects as strategic national infrastructure designed to boost economic activities, improve transportation efficiency, and strengthen national integration. He noted that the reconstruction of the Mando (Kaduna) –Birnin Gwari Road in Kaduna State holds special significance, as it was one of the key infrastructure development commitments made by His Excellency, President Tinubu during the 2022/2023 electioneering campaigns. According to the Minister, the present administration remains resolute in its determination to deliver world-class infrastructure that will stand the test of time. “Our vision is to build roads that will last for generations. Under the Renewed Hope administration, we are determined to deliver infrastructure that can serve Nigerians for up to 100 years through the adoption of rigid pavement (concrete) technology,” Umahi stated.
The Minister commended the selected contractors for their competence, track records, and proven capacity, emphasising the Federal Government’s confidence in indigenous contractors. He particularly praised Messrs JRB Construction Company Limited, Truecrete Solutions Limited, and other indigenous firms for their commendable performances on previous projects across the country.
Umahi charged all contractors to mobilise to their respective project sites immediately and commence work without delay, stressing that the Ministry expects measurable progress within the stipulated timelines.
Earlier in his remarks, the Permanent Secretary, Mr. Rafiu Olarinre Adeladan, who formally signed the contract agreements, described the occasion as the successful completion of the procurement process and the official commencement of project implementation.
He commended the leadership of the Ministry for its commitment to ensuring that projects reached the execution stage and reaffirmed the Ministry’s dedication to effective monitoring, quality assurance, and timely delivery.
Also speaking, the Director of Highways, Construction and Rehabilitation, Mr. Clement Ogbuagu, presented details of the awarded contracts as follows:
1. Reconstruction of Mando–Birnin Gwari Road, Kaduna State
Contractor: Messrs J. Patel and Sons Nigeria Limited
Contract Sum: ₦178,116,787,162.00
Length: 122 Kilometres
2. Dualisation of Ibadan–Ijebu Ode Road, Oyo and Ogun States
Contractor: JRB Construction Company Limited,
Contract Sum: ₦295,996,609,992.77
Length: 114.5 Kilometres (Single Carriageway Equivalent)
3. Construction of Osogbo–Ikirun–Akoda Road, Osun State
Contractor: Truecrete Solutions Limited
Contract Sum: ₦101,806,585,825.90
Length: 70 Kilometres (Single Carriageway Equivalent) and
4. Construction of Osogbo–Iwo–Ibadan Road, Osun State
Contractor: Peculiar Ultimate Concerns Limited
Contract Sum: ₦114,854,477,607.93
Length: 73 Kilometres
All the projects will be executed using Continuously Reinforced Concrete Pavement (CRCP) technology, in line with the Federal Government’s commitment to building durable, cost-effective, and sustainable road infrastructure nationwide.
The ceremony represents another significant milestone in the Federal Government’s drive to modernise Nigeria’s road network and accelerate national economic development.
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