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May 29: President Tinubu Begins Nationwide Project Inauguration To Commemorate His Administration’s First Anniversary

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, on Saturday, departed Abuja for Lagos to begin the commissioning of projects completed under his administration.

The president’s first stop this week is Lagos, as he will be visiting various parts of the nation from Sunday (tomorrow) through Friday to commission other projects.

This is to commemorate Wednesday, May 29, the first anniversary of his administration.

A State House press statement titled, “President Tinubu Set To Inaugurate Projects To Mark One Year In Office,” and signed by the Special Adviser Information and Strategy, Bayo Onanuga revealed this.

“In Lagos on Sunday, the President will inaugurate the concrete-paved road to the nation’s major ports in Apapa and Tin Can Island. The reconstructed road which began under the Muhammadu Buhari Administration was financed by the Dangote Group, using its tax credits.

“On the same day, President Tinubu will formally inaugurate, by virtual means, the refurbished Third Mainland Bridge, which has drawn public acclaim for its excellent finishing and aesthetic furnishing.

“He will also commission, virtually, the rehabilitation of 330 roads and bridges across the country.

“The high point of the President’s engagements on Sunday will be the inauguration of the iconic Lagos-Calabar Superhighway, estimated to cost about N15 trillion,” it read.

The statement also stated that work has begun on the legacy project that will connect nine coastal states, with Section Two already awarded to Hitech Construction Limited.

It further noted that Tinubu will return to Abuja on Tuesday to continue the commissioning spree.

“President Tinubu will return to Abuja on Tuesday to begin another round of commissioning. He will first inaugurate the Southern Parkway, which the Nyesom Wike-led FCT Administration named after him.

“On Wednesday, the President will attend the National Assembly Dialogue Series, after which he will unveil the National Assembly Library Complex, named after him,” it added.

Commissioning of the Abuja Metro (Abuja Light Rail) project will also take place on the same day.

“President Tinubu will leave the National Assembly to relaunch the commercialisation of Abuja Light Rail, also known as Abuja Metro. He will symbolically join a train ride to the city centre.

“The Abuja Metro was completed in 2018 by the Buhari Administration. It was put into commercial use up till 2020. But with the onset of COVID-19, the train service was abandoned. Vandals descended on the facility, putting it out of use.

“FCT Minister Wike, after spending $15 million and building access roads to the various stations, has refurbished it for commercial service.

“After the train ride, President Tinubu will also inaugurate the Wuye Flyover-Link Bridge and the Defence Intelligence Agency Headquarters,” the statement read.

The last item will be the commissioning of a gas centre in Utako.

“On Friday, May 31, President Tinubu will commission the NASENI-Portland Compressed Natural Gas(CNG) Reverse Engineering Centre at Utako,” it concluded.

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MOHBAD: Late Singer’s Family Conducts Fresh Autopsy

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The family of late singer Mohbad (born Ilerioluwa Oladimeji Aloba) has ordered a second toxicology test to uncover the truth behind his mysterious death on September 12.

Following his burial the next day, Mohbad’s body was exhumed on September 21 for an autopsy, which was conducted on the same day.

However, in May, it was revealed that the pathologist conducting the autopsy informed the coroner that Mohbad’s body had decomposed by the time the test was performed, potentially compromising the results.

The new toxicology test aims to provide clarity on the circumstances surrounding his death.

The pathologist also said the cause of the singer’s death could not be ascertained.

Mohbad’s autopsy result from the Lagos State University Teaching Hospital (LASUTH) showed that “no significant gross finding” could be attributed to the singer’s death.

The toxicology “revealed the positive finding of Diphenhydramine, an anti-histamine; however, this concentration was not in a fatal or lethal range”.

Last month, the Aloba family rejected the autopsy result while also demanding an independent post-mortem and toxicology test.

In a statement on Tuesday, Monisola Odumosu, a member of Aloba’s legal team, said a two-part autopsy is being conducted on Mohbad.

She disclosed that the first phase had been carried out last week while the second part involved “a toxicology and histology test”.

The lawyer added that the procedure was witnessed by Joseph Aloba, Mohbad’s father, and a pathologist representing Wunmi, the late singer’s wife.

“The second autopsy as requested by the Aloba family and ordered by the Magistrate of the Coroner Court, Ms. T.A. Shotobi, was conducted on Friday, July 19, and Saturday, July 20, 2024. This autopsy is a two-part exercise, with the first part now completed,” the statement reads in part.

“If the cause of death cannot be determined from this initial examination, the second part will proceed, involving a toxicology and histology test on the necessary samples already obtained.

“This comprehensive procedure, conducted last Friday, was witnessed only by Mr. Joseph Aloba, the forensic pathologist appointed by Mr. Joseph Aloba and his team, legal representatives of both Mr. Joseph Aloba and  a pathologist appointed by Wunmi Aloba to observe the procedure.”

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Nigeria’s Foreign Reserves Now $37bn, Up By $2bn In 18 Days — CBN Governor Cardoso

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The country’s foreign exchange reserves have surged to $37.05 billion as of July 18 according to the Central Bank of Nigeria (CBN).

CBN Governor Yemi Cardoso announced this development during a press briefing on Tuesday, following the 296th Monetary Policy Committee (MPC) meeting in Abuja.

The reserves experienced a significant boost, rising by $2.35 billion from $34.70 billion at the end of June to $37.05 billion in just 18 days.

“As of July 18, 2024, external reserves stood at US$37.05 billion, compared with US$34.70 billion as of June 2024. This represents 11 months of import cover for goods and services,” Cardoso said.

However, according to data published by CBN and seen by TheCable, Nigeria’s foreign reserves stood between $35.93 billion as of July 18, and $36.23 billion as of July 22, less than what Cardoso presented.

On July 18, CBN approved the sale of foreign exchange (FX) to eligible bureau de change (BDC) operators at N1,450 per dollar to meet the demand for invisible transactions.

Days after, CBN said foreign currencies worth $106.5 million were sold to authorised dealers.

CBN said the aim is to improve supply in the FX market in tandem with its price stability mandate.

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President Tinubu Signs South-East, North-West Development Commission Bills Into Law

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President Bola Tinubu has officially signed into law the South-East and North-West Development Commission bills.

The South-East Development Commission bill was sponsored by Deputy Speaker Benjamin Kalu, who represents the Bende Federal Constituency of Abia State.

After passing through the Senate and House of Representatives, the bill was transmitted to the President in June for his assent.

With the signing of the bill into law, the Commission will now receive funding to execute various projects in the South-East geopolitical zone.

The allocated funds will be used to address environmental challenges such as erosion, as well as reconstruct and rehabilitate roads in Abia, Enugu, Ebonyi, Imo, and Anambra states.

This move is expected to bring significant development and infrastructure improvements to the region.

In a statement issued by Levinus Nwabughiogu, his chief press secretary, Kalu expressed appreciation to the president for signing the bill into law.

The deputy speaker said the commission will “rehabilitate Igbo land” and foster unity among the people.

Tinubu also signed the north-west development commission bill into law.

Jibrin Barau, deputy senate president and sponsor of the bill, said the signing of the proposed legislation is a “testament” to Tinubu’s “commitment to addressing the challenges facing the north-west geopolitical zone and indeed all parts of the country”.

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