The Federal Government has secured about $1.2 billion in financing from the United Arab Emirates to fast-track construction of a major section of the Lagos–Calabar Coastal Highway. The Presidency disclosed this in a statement on Friday, according to Bloomberg, noting that the funds will be used to deliver a 56-kilometre stretch of the coastal freeway, one of Nigeria’s flagship infrastructure projects. When completed, the Lagos–Calabar Coastal Highway is expected to span about 700 kilometres along Nigeria’s Atlantic coastline, linking key economic and commercial hubs across the southern corridor. What the government says President Bola Tinubu described the financing as a…
Author: Elvis Eromosele
SIFAX Group has pledged strong support for the Port Authority Police (Western) Command as part of efforts to strengthen security across Lagos ports. The commitment was made by Dr. Taiwo Afolabi, Executive Chairman of SIFAX Group, during a courtesy visit by the newly appointed Commissioner of Police, Mrs. Oluwatoyin Iyabode Agbaminoja, Port Authority Police (Western) Command, to the company’s head office in Lagos. Afolabi said effective port security requires close collaboration among all stakeholders in the maritime ecosystem. He stressed that supporting the Police Command is critical to protecting lives and property, safeguarding port infrastructure, and ensuring a safe environment…
The Nigeria Railway Corporation (NRC) has rolled out a 50 per cent reduction in train fares across its network to ease travel costs during the festive season rush. The fare cut, which runs from December 23, 2025, to January 4, 2026, was announced by Kayode Opeifa, NRC Managing Director, during a TVC News Breakfast interview. The initiative follows a directive by the Federal Government to make transportation more affordable for Nigerians during the Christmas and New Year period. Opeifa said the discount is aimed at cushioning the impact of rising transport costs, promoting inclusive mobility, and encouraging Nigerians to choose…
Emergency responders are battling a fire outbreak at the Great Nigeria Insurance House, a 22-storey commercial building on Martins Street, Lagos Island. The fire reportedly broke out around 5:00 p.m. on Wednesday in the building, which is largely used as a warehouse for clothing materials, alongside offices and shops. The Permanent Secretary of the Lagos State Emergency Management Agency (LASEMA), Olufemi Oke-Osanyintolu, said preliminary investigations showed that the fire started from an office on the fourth floor before spreading to other levels. “On arrival, our team found the building engulfed in flames. The fire originated from one of the offices…
By NumbersNG Investigative Desk Nigeria’s ongoing tax reform effort has been thrust into controversy following the emergence of a forensic comparison between the bill passed by the National Assembly and the version later gazetted into law. The findings suggest that substantive provisions were inserted, removed, or altered after legislative approval, raising serious constitutional, fiscal, and governance red flags. At the heart of the controversy is a detailed clause-by-clause analysis titled “Tax Bill Alteration/Change Analysis – Comparing House Version vs Gazetted Version”, which identifies at least six major changes that cannot reasonably be classified as clerical corrections. If verified, the implications…
Welcome to my AFCON 2025 Observatory, written from Morocco, host of the tournament and a country that curiously feels Arab, African, Mediterranean, and almost European all at once. Morocco is not just staging football; it is staging identity, memory, and ambition. Morocco has done this before. In the Africa Cup of Nations 1988, tagged Maroc ’88, Nigeria fell heartbreakingly to Cameroon in the final. For many Nigerians, that night remains unfinished business, sealed forever by Henry Nwosu’s disallowed goal, a moment that still lives in oral football folklore. Now, decades later, I am here again, this time to support our…
The Bureau of Public Service Reforms (BPSR) has named the Nigerian Communications Commission (NCC) among the top three Ministries, Departments and Agencies (MDAs) of the Federal Government with the Best Ranking in Website Performance for 2025. This is coming barely three weeks after the telecom regulator was recognised as one of the top five best-performing Federal Government agencies for 2025 by the Presidential Enabling Business Environment Council (PEBEC) – a testament to the Commission’s consistency in investment in technology for ensuring efficient service delivery. In the BPSR 2024/2025 scorecard ranking of agencies’ websites, the NCC came second in the ranking,…
…to bring back wole-wole from January 2026. Dr. Muyiwa Gbadegesin, Managing Director of the Lagos State Waste Management Authority (LAWMA), has revealed that about 90 per cent of waste generated in Lagos has an estimated value of $2.5 billion, underscoring the state’s push toward a waste-to-wealth economy. Gbadegesin said the huge value embedded in waste highlights the urgent need for residents to embrace waste sorting and recycling, noting that materials currently discarded could be reused by industries and informal recyclers. “Nearly everything we throw away has value. When you visit Olusosun and Solous 3 landfills, you will see that waste-to-wealth…
The Federal Government could generate about ₦150 billion annually from its proposed End-of-Life Vehicle (ELV) policy, according to Joseph Osanipin, Director-General of the National Automotive Design and Development Council (NADDC). . Osanipin disclosed this during a media briefing in Abuja, explaining that the revenue would come from recycling vehicle parts and recovering usable components from vehicles that are no longer roadworthy. He said the ELV policy is designed to establish a structured system for the safe dismantling, recycling, and recovery of old vehicles, noting that more than 85 per cent of components from end-of-life vehicles are reusable or recyclable, yet…
The Nigerian Bar Association (NBA) has called for the immediate suspension of Nigeria’s Tax Reform Acts, citing alleged discrepancies between the versions passed by the National Assembly and those later gazetted into law. In a statement issued on Tuesday, Afam Osigwe, NBA President, said implementation of the laws should be halted until the inconsistencies are fully investigated and resolved. Osigwe warned that the allegations “strike at the very heart of constitutional governance,” stressing that any deviation from due legislative process undermines the integrity of lawmaking in a democracy. The NBA also cautioned that uncertainty surrounding the reforms could harm Nigeria’s…