General
Lagos Governor Orders Julius Berger, 7 Others to Fix Lagos Roads
Governor Babajide Sanwo-Olu of Lagos State on Sunday directed that contractors must begin massive rehabilitation work on critical roads and highways across the state from Monday, October 14, 2019.
The Governor, who declared a state of emergency on the various dilapidated highways and carriage roads within the metropolis, said eight engineering firms have been instructed to immediately mobilise to the respective sites and commence major construction work on the identified roads.
He gave this directive after series of meetings with the eight multi-national engineering firms and a subsequent directive that work must commence on major highways identified as critical to reduce traffic congestions on highways in Lagos.
The contractors deployed by the government include Julius Berger, Hi-tech, Arab Contractors, Metropolitan Construction, Slabaugh Construction, China Civil Engineering Construction Corporation (CCECC), Rajaf Foundation Construction, and RCF Nigeria Limited.
“This afternoon, we have just concluded meeting with various reputable construction companies and all of them have been given the brief to immediately commence major construction work in various parts of the State.
“The exercise will begin tomorrow with palliative work on the selected roads, which are both on the Island and Mainland divisions of the state,” he said.
“The contractors have been given the mandate to start mobilising to their respective sites without further delay. Their activities must first give our people an immediate relief on the affected roads so that there can be free flow of traffic even during the rehabilitation work”, the Governor emphasised.
To complement the major construction work on the highways, Mr Sanwo-Olu said Lagos State Public Works Corporation (LSPWC) would be carrying out repairs of 116 inner roads across the State, in addition to over 200 roads already rehabilitated by the Corporation in the last three months.
He maintained that he was aware of the pain experienced by road users which was aggravated by persistent downpour, appealing to residents to bear with the Government while efforts were being made to assuage their pains and bring permanent relief.
“We expect the rains will begin to subside in this month of October and this is why we are mobilising our contractors to immediately start the major construction work on the identified highways and bring permanent relief to residents. I am giving all Lagosians the assurance that the contractors will start the construction in earnest and will deliver on the terms of agreements reached with them”, Sanwo-Olu assured.
He said officials of the Lagos State Traffic Management Authority (LASTMA) will also be working round the clock to control traffic in areas where the construction would take place.
Also speaking on the development, the Special Adviser on Works and Infrastructure, Engr. Aramide Adeyoye, listed some of the critical highways and roads to be constructed to include Ojota stretch of the Ikorodu Road, Motorways-Kudurat Abiola Way, Apogbon Highway, Babs Animashaun Road, Agric/Ishawo Road and Ijede Road in Ikorodu, as well as Lekki-Epe Expressway from Abraham Adesanya to Eleko Junction.
She affirmed that there would also be massive re-construction work on a network of roads in Ikoyi, Ikeja GRA and Victoria Island.
By Adedapo Adesanya
Justice Emeka Nwite of the Federal High Court in Abuja has affirmed the final forfeiture of $13 million linked to a Lagos socialite, Ms Aisha Achimugu, and her company, Oceangate Engineering Oil & Gas Limited, to the federal government of Nigeria.
Delivering judgment, Justice Nwite held that the Economic and Financial Crimes Commission (EFCC) established that the foreign currency was proceeds of fraud and unlawful activities.
The judge further held that Oceangate Engineering Oil & Gas Limited failed to establish how it came by the money, saying the anti-money laundering agency satisfied all requirements for the funds to be classified as proceeds of fraud and to be forfeited to the appropriate authority.
He dismissed the claims that the $13 million was gifts received into the Oceangate Engineering Company by Ms Achimugu, adding that the woman never came to the court to show cause why the huge amount of money should not be forfeited to the government.
He held that no single person who gave the monetary gift to Aisha Achimugu to the tune of $13 million was called to testify.
The judge further held that the burden to establish genuine ownership of the money was not established by the applicant to counter the claims of the anti- graft agency that the money was the proceeds of fraud based on its investigation.
According to the judge, Oceangate Engineering Company did not show the business it undertook that fetched it the money, nor did it show whether any payment was made to it by any of its customers.
Justice Nwite had, on August 22, 2025, granted the anti-graft agency’s motion ex parte for an interim order forfeiting the sum of $13 million linked to Oceangate Ltd to the Federal Government over allegations that the fund was proceeds of unlawful activity.
The judge had then directed the commission to publish the order in a national daily for interested people to show cause within 14 days why the fund should not be permanently forfeited to the federal government.
By Adedapo Adesanya
The federal government has inaugurated a 17-member Planning Committee to coordinate the National Flag-Off of the Energise Commercialisation Now (ECoN) Initiative, a flagship programme aimed at transforming research outputs into economic value.
Speaking at the inauguration in Abuja, the Permanent Secretary of the Ministry of Innovation, Science and Technology, Mr Philip Ndiomu Ebiogeh, described the initiative as a strategic intervention to convert Nigeria’s vast research and innovation outputs into market-ready products, scalable enterprises, and job-creating opportunities.
He noted that ECoN will mobilise stakeholders nationwide to identify bankable innovations and accelerate their transition from laboratories to the marketplace, stressing that the country must move beyond theoretical research to practical solutions that drive industrial growth and national prosperity.
The Permanent Secretary disclosed that the Minister of Innovation, Science and Technology, Mr Kingsley Tochukwu Udeh, had earlier briefed the First Lady, Mrs Oluremi Tinubu, on the initiative and proposed her as a champion of the programme, with the national flag-off scheduled for Kano State.
He explained that Kano was deliberately selected due to its historic role as a commercial and industrial hub, offering strong potential to attract investment, stimulate enterprise, and create jobs.
The Committee is chaired by the Minister, with the Permanent Secretary as Co-Chairman, while the Director-General, National Biotechnology Research and Development Agency, NBRDA, and the Director-General, Sheda Science and Technology Complex, SHESTCO, serve as Alternate Chairmen.
Members include Professor Nnayelugo Ike-Muonso, Dr Kazeem Kolawole Raji, Dr Jummai Adamu, Dr (Mrs) Obiageli Amadiobi, Dr Kabiru Mu’azu, Dr Anwal Mustapha, Engr Ibiam Oguejiofo, Mr Moses Fatogun, Mr Adamu Sulaiman (a representative of SMEDAN), Dr Prince Lawrence Eze, Mr Sani Garba, Dr Muhammad Mustapha, Dr Chioma Okeke, Mr Luther Onyemkpa, Mr Charles Egumgbe, and Dr Nwankwo Nnenna serving as Secretary.
The national flag-off is proposed for late April or early May 2026, subject to Presidential approval.
The Ministry reaffirmed its commitment to positioning innovation as a key driver of economic diversification and sustainable development, in line with President Bola Tinubu’s Renewed Hope Agenda.
By Adedapo Adesanya
Switzerland-headquartered global shipping giant, Mediterranean Shipping Company (MSC), has complied with the directive of the Nigerian Shippers’ Council (NSC) to suspend the implementation of its new tariff pending consultations with stakeholders.
In a customer advisory titled Temporary Suspension of New Tariff Implementation, the shipping line stated that the tariff regime in place before the recent increase would remain effective until further notice.
Business Post reported a few days ago that freight forwarders picketed the offices of MSC, protesting the recent increase in shipping line tariffs. They blocked the regulators from accessing the MSC premises to address the matter.
Despite the protests, the council’s attempt to engage the aggrieved freight forwarders in discussions was resisted, as the protesters insisted that there was no basis for dialogue and vowed to continue the protest until the increased charges were immediately reversed.
In the latest directive, the shipping company said, “We wish to inform our esteemed customers that the recently implemented tariff adjustment has been temporarily suspended, following a directive from the NSC. This suspension is pending the conclusion of ongoing engagements and resolution with the regulator.”
“Accordingly, the tariff regime applicable prior to the recent increase will remain in force until further notice, as mandated.”
The company further assured customers that updates would be communicated once a final decision is reached by the Nigerian Shippers’ Council.
“We remain fully committed to regulatory compliance, transparency, and protecting the interests of our customers. Further updates will be communicated promptly once a definitive position is issued by the Nigerian Shippers’ Council. We appreciate your understanding and continued cooperation,” the advisory added.
NSC had warned that prolonged industrial disputes within the maritime sector could disrupt port operations and negatively impact trade and economic activities.
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