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The Minister of Power, Works and Housing, Babatunde Fashola, has expressed deep concern over the recourse of the National Assembly’s spokespersons to name calling over his observations on the 2017 Budget.

In a Press Release signed by his Special Adviser on Media, Hakeem Bello, the minister said he was worried that the National Assembly spokespersons failed to address the fundamental points about development-hindering whimsical cuts in the allocations to several vital projects under the Ministry of Power, Works and Housing as well as other ministries.

Mr. Fashola had, in a recent interview while acknowledging that legislators could contribute to budget making, disagreed with the practice where the legislative arm of government unilaterally alters the budget after putting members of the Executive through Budget Defence Sessions and Committee Hearings to the extent that some of the projects proposed would have become materially altered.

While acknowledging the need for legislative input from the representatives of the people to bring forward their developmental aspirations before and during the budget production process, the minister had observed that it amounted to a waste of tax payers money and an unnecessary distortion of orderly planning and development for all sections of the country, for lawmakers to unilaterally insert items not under the Exclusive or Concurrent lists of the Constitution like boreholes and streetlights after putting Ministries, Departments and Agencies, MDAS, through the process of budget defence.

Specifically with regards to the Ministry of Power, Works and Housing, Mr. Fashola listed the Lagos- Ibadan Expressway, the Bodo-Bonny road, the Kano-Maiduguri road, the Second Niger Bridge and the long drawn Mambilla Hydropower Project among others as those that the National Assembly materially altered the allocations in favour of scores of boreholes and primary health care centres which were never discussed during the Ministerial Budget Defence before Parliament.

In their responses, both the spokespersons of the Senate and the House of Representatives accused the minister of spreading “Half-Truths” and making “Fallacious “ statements because he (Fashola) should have known that they only interfered with projects that had concession agreements and private sector funding components. They also accused the minister of wanting to hold on to such projects in order that he may continue to award contracts.

However, while dismissing the allegations in the course of an official trip outside the country, Mr. Fashola said it was sad that the lawmakers would resort to name calling even without understanding the facts of what they were getting into. Taking the projects which the lawmakers chose to focus on one after the other, the minister insisted that there is no subsisting concession agreement on the Lagos – Ibadan Expressway adding that what the Infrastructure Construction Regulatory Commission (ICRC) has is a financing agreement from a consortium of banks which is like a loan that still has to be paid back through budgetary provisions.

There is no fallacy or half truth in the allegation that the budgets were reduced, he said. The spokespersons admitted this much and now sought to rationalise it by a concession or financing arrangement that has failed to build the road since 2006. The biggest momentum seen on the road was in 2016, Mr. Fashola added.

In the case of the Second Niger Bridge where one of the spokespersons alleged that the provision in 2016 budget was not spent and had to be returned, Mr. Fashola said that this displays very stark and worrisome gaps in knowledge of the spokesperson about the budget process he was addressing.

According to him, a budget is not cash. It is an approval of estimates of expenditure to be financed by cash from the Ministry of Finance.

“The Ministry of Finance has not yet released any cash for the Second Niger Bridge, so no money was returned.”

“Three phases of Early Works of piling and foundation was approved and financed by the previous government in the hope that a concession will finally be issued, which has not happened because concessionaires have not been able to raise finance.

“The continuation of Early Works IV could not start in May 2016 when the budget was passed because of high water level in the River Niger in the rainy season.

“The contract was only approved by the Federal Executive Council in the first quarter of 2017 and the contractor is awaiting payment.”

Dismissing the allegation that the works mnistry under him was holding on to projects that could be funded through Public Private Partnerships (PPP) so that he could award contracts as a tissue of lies, the minister said from Day One of his assumption of office, he made it clear publicly and privately that his priority would be to finish as many of the several hundreds of projects that his ministry inherited which had not been funded for close to three years.

According to Mr. Fashola, if the spokesperson was in tune with the Public Procurement Law which the National Assembly passed, he would realise that the minister has no unilateral power to award such contracts whose values are in billions of Naira, adding that all the new projects presented to the Federal Executive Council for approval were either federal roads requested by state governments or those put in the budget by the legislators to service their constituencies.

Mr. Fashola stated that the focus on contracts by the spokesperson is probably a Freudian slip that reveals his mindset and interests; when indeed he should be focused on developmental projects that strengthen the economy, which is the focus of the Economic Recovery and Growth Plan endorsed by the legislature.

Also responding to the issues that the budget for the Mambila Power Project was slashed because it contained a “whooping N17 billion” for Environmental Impact Assessment (EIA), the minister said there was indeed a mis-description of that particular Expenditure Head which could have happened during the classification of so many thousands of budget heads in the budget estimates.

According to him, what was described as a Budget Head for EIA was actually the nation’s counterpart funding to the China- EXIM loan to fund the building of the Mambila Project, adding that this was brought to his attention only after it had been slashed and that if the intention was not to slash arbitrarily it should have been brought to his attention to explain.

“At a joint meeting convened at the instance of the Budget Minister when I complained that the budget was slashed, the issue of EIA was brought to my attention and I explained what it was meant for,” Mr. Fashola said.

On the issue of the N20 billion provision in the Ministry’s Budget which the spokesperson alleged that the minister failed to give details of, Mr. Fashola said the spokesperson is hiding behind a finger.

The minister explained that it was a very basic principle of good planning to make provision for unforeseen contingencies; adding that in the 2016 budget , a similar provision enabled the ministry to respond to the failures of the Tamburawa Bridge in Sokoto, the Ijora Bridge in Lagos and the Gada Hudu Bridge in Koto Karfe along the Abuja – Lokoja Highway. Similarly, the ministry was able to pay N1 billion to the contractor handling the Suleja to Minna road.

The recent failures caused by flooding along Tegina-Mokwa-Jebba road and Tatabu in Niger State could not have been provided because they were not foreseen and there may be more. “This is what good planning is about,” Mr. Fashola said.

Noting that the Senate spokesperson missed the point in the haste to cast aspersions on him because he was not at the meetings he was speaking about, Mr. Fashola said he would have expected a more sober approach to the matter.

“In any event, allegations of half truth is only a flawed response to the constitutional and developmental issues that have plagued Nigeria from 1999 about how to budget for the critical infrastructure in Nigeria. It shows the conflict between the Executive that wants to build big Federal Highways; Bridges ; Power Plants; Rail; and Dams on one hand and Parliament that wants to do small things like bore holes , health centres , street lights and supplying grinding machines ,” he said.

According to the minister, being an institutional and not a personal issue, it won’t be out of place to seek a resolution of the conflict at the Supreme Court in order to protect the country’s future, because it is a clear conflict about how best to serve the people.

“As long as budgets planned to deliver life changing infrastructure are cut into small pieces, Nigeria will continue to have small projects that are not life changing, and big projects that have not been completed in 17 years . If a project would cost N15 billion and the contractor gets only a fraction of that, then things won’t move. Success should be defined by how many projects an administration is able to complete or set on the path of irreversible completion and not how many poorly funded contracts are awarded,” he said.

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BREAKING: Federal Government Declares Tuesday Public Holiday To Honour Buhari

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The Federal Government has declared Tuesday, July 15, 2025, as a public holiday in honour of the late former President Muhammadu Buhari, who passed away on Sunday.

The Minister of Interior, Olubunmi Tunji-Ojo, announced the public holiday on Monday on behalf of the Federal Government, after receiving approval from President Bola Ahmed Tinubu.

 

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ECOWAS Caravan 2025 Highlights Barriers, Builds Support For Women In Cross-Border Trade

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The challenges facing women engaged in cross-border trade across West Africa took centre stage at the ECOWAS Caravan 2025, held at the Federal Palace Hotel, Victoria Island, Lagos, on July 11, 2025.

Launched this year by the Economic Community of West African States (ECOWAS), the Caravan is a transformative empowerment initiative designed to support small-scale women traders in West Africa’s informal trade sector.

The two-week journey followed the Abidjan–Lagos trade corridor, running from June 30 to July 14, with major stops in Abidjan, Lomé, Cotonou, and Lagos, culminating at the ECOWAS Gender Development Centre.

Speaking during the official launch of the Lagos leg and the caravan’s closing ceremony, the ECOWAS Commissioner for Social Affairs and Gender, Professor Fatou Sow Sarr, emphasised the pivotal role women play in the region’s informal economy.

“Women are the lifeblood of informal trade in West Africa… this caravan is about visibility, voice, and value — it’s about shifting narratives and shaping policies that support women where it matters most: on the ground,” she said.

Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Ambrose-Medebem, officially launched the Lagos stage of the sensitisation and awareness campaign for small-scale women traders. She described the initiative as a timely and necessary intervention.

“This initiative is a direct response to equip and empower our women, who form the majority of traders along the corridor and represent the backbone of informal cross-border trade across the region.

“These women play a critical role in ensuring food security, creating jobs, and sustaining livelihoods in both border communities and their homes.”

According to Ambrose-Medebem, these women are more than traders; they are economic builders who continue to operate under conditions marked by uncertainty and frequent harassment.

She stressed that the campaign represents a significant step forward, aiming to expand awareness of trade regulations, legal frameworks, and ECOWAS community protocols that govern cross-border commerce.

Speaking to the press, the commissioner noted that the Lagos State Government remains committed to supporting informal sector traders, particularly women entrepreneurs.

“I want to say that Mr Governor, Babajide Sanwo-Olu, approved ₦500 billion for MSMEs under the Lagos State Access to Finance initiative for small businesses through cooperatives at 0% interest,” she disclosed.

The fund, matched by the Bank of Industry with another ₦500 billion, is non-collateralised, features a six-month moratorium, and offers a competitive 9% interest rate.

Dr Chinyere Almona, Director-General of the Lagos Chamber of Commerce and Industry (LCCI), applauded ECOWAS for its commitment to gender equality and regional integration, calling this year’s campaign “symbolic and necessary.”

“For women working in agriculture, fisheries, artisanal value chains, and cross-border trade, their daily grind is not just a livelihood; it’s an act of resilience and enterprise.

“Women traders form the uncelebrated backbone of West Africa’s informal trade economy, representing over 70% of informal cross-border traders and playing an indispensable role in food supply.”

Almona urged governments and stakeholders to invest in institutionalised, continuous capacity building through community-based training hubs in local languages, digitalisation of border procedures, and the creation of mobile-friendly platforms to expedite trade clearance and improve efficiency.

“Women in the informal trade are producing the formal results that is adding to the GDP and creating major employments.”

In her remarks, Princess Omotola Omole, National President of the Federation of Business Women Entrepreneurs (FEBWE), commended ECOWAS for its steadfast support of women.

“ECOWAS has consistently stood with women, ready to support, connect, and empower every woman who dares to dream big and trade to uplift her community,” she said.

Others who presented papers included the Lagos State Commissioner for Agriculture, Ms. Ruth Abisola Olusanya, who sent a representative.

The ECOWAS Small Business Coalition also expressed heartfelt appreciation to the ECOWAS Commission, partners, collaborators, and delegates for their pivotal roles in making the ECOWAS Caravan 2025 a landmark success.

Dr. Abdulrashid Yerima, speaking on behalf of the coalition, emphasised the collaborative impact of the caravan, stating, “The bridges we build today become the trade routes of tomorrow’s prosperity.”

He also praised the ECOWAS Commission for its leadership and credited the collective synergy of partners and delegates for transforming challenges into opportunities.

The closing ceremony, which hosted over 300 participants from across ECOWAS member states, featured an interactive town hall meeting where panellists addressed key topics such as capacity building, awareness strategies, and toolkit presentations, while also responding to audience questions.

Building on the successes of previous editions, the Tema–Paga corridor in 2023 and the Dakar–Banjul–Bissau route in 2024, the 2025 ECOWAS Caravan not only boosted the economic potential of women traders but also strengthened trade facilitation, enhanced market access, and fostered robust institutional partnerships across participating nations.

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BREAKING: Buhari’s Burial Postponed To Tuesday In Daura

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Former President Muhammadu Buhari will now be laid to rest on Tuesday instead of today, contrary to earlier reports.

He passed away on Sunday afternoon at a clinic in London.

According to an earlier report by The Nation, a presidential team arrived in London on Monday morning to bring his remains back to Nigeria.

Katsina Deputy Governor Lawal Jobe informed journalists on Monday afternoon that the burial had been rescheduled.

Jobe visited Buhari’s Daura home at 11.27am to assess the location where the burial is to take place.

 

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