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We needs $800m to Construct Oron-Calabar, East-West Road-Minister
Joel Ajayi
About $1.07bn is required to construct Section V of the East-West Road, Oron in Akwa Ibom state to Calabar, Cross River State. Out of which, the Ministry of Niger Delta Affairs is applying for only $800m loan from the China Exim Bank.
This was disclosed yesterday by the Honourable Minister of State, Senator Tayo Alasoadura, at the interactive session with Ministries, Departments, and Agencies (MDA’s) organized by the Senate Committee on Local and Foreign Debts in the National Assembly.
Alasoadura stated that in order to realize the full economic potentials of the East-West road, it is expedients that the road covers the entire East-West segment of the Niger Delta region up to Calabar in Cross River State, the home of Tinapa Export Free Zone.
He lamented that there is no direct link from the end of the-ongoing East-West road at Oron in Akwa Ibom State to Calabar in Cross River States presently.
The Honourable Minister of State, said the 23.1 kilometre road is expected to be completed between 2-3 years once construction work starts.
Alasoadura further informed the Senate Committee that the road project was scaled down from a dual carriage way to single carriage way because of the lean resources of the government.
Chairman Senate Committee on Local and Foreign Debts, Senator, (Engr.) Clifford Odia reiterated that the essence of the interactive meeting with the MDA’s was to get a robust reason on why the proposed loan is expedient and how it would be repaid to the lending institution.
He advised that all MDA’s proposed loan submission to the National Assembly must include all necessary requirements to enable the committee peruse and take appropriate decision on the subject.
The Honourable Minister of State was accompanied to the National Assembly with the Permanent Secretary, Mr. Olusade Adesola and other Directors of the Ministry.
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Happy Birthday to President Tinubu, A leader of leaders, Visioneer- Sunday Dare:
Salutes The “General Overseer of Nigeria’s Democracy” at 73.
The Special Adviser to the President (Media and Public Communications), Chief Sunday Dare CON FNIS, has congratulated President Bola Ahmed Tinubu on his 73rd birthday, describing him as a purposeful leader who rescued Nigeria from the brink.
In a statement issued in Abuja on Saturday, Chief Dare said, “Born on March 29, 1952, President Bola Tinubu’s unfolding story is a tapestry of struggles, intrigues, battles, and, ultimately, victories. His political journey has been bold and courageous, a spectacle admired by many.
“The last four decades of President Tinubu’s life culminated in his presidency, an inspiring journey driven by a profound sense of purpose.
His audacity led him into the tumultuous waters of political life, distinguishing him as a leader with a compelling political story. Across Nigeria, he continues to build bridges, fostering relationships and advocating for a national outlook in his politics.
“Where others succumbed to dread, President Tinubu’s bravery in initiating much-needed reforms has turned the country’s economy around, with Nigeria’s prospects now on an unprecedented positive trajectory. These reforms have positively impacted the nation, with economic indicators reflecting significant transformation under his watch.
“Nigeria has found in Bola Tinubu a leader who prioritizes the nation’s welfare over flamboyance. His purposeful leadership stands as a testament to his commitment to Nigeria’s progress and resilience. As Sunday Dare aptly stated, “History has found its man. A leader leading with purpose.
“Happy Birthday to My President, Asiwaju Bola Ahmed Tinubu, GCFR. A leader of leaders. A Visioneer. The General Overseer of Nigeria’s Democracy. A man Leading with Purpose. Renewing the Hope of Nigeria. Rekindling the spirit of Nigerians. Taking the road less travelled to get Nigeria to the desired destination of self-reliance and global relevance.
“On your 73rd birthday my prayers are for more years, more vision, more courage, more wisdom and God’s protection,” the Presidential Spokesperson concluded.SD for Sustainable Development
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