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FEC Yet to Approve $3.5bn Ibadan-Kano Standard Guage—Amaechi

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Train derails at Asade Mangoro Lagos

By Adedapo Adesanya

The federal government has said that the construction of the Ibadan-Kano railway project will possibly kick-start in April 2020, according to the Minister of Transportation, Mr Rotimi Amaechi.

Speaking over the weekend at the monthly inspection of the ongoing construction of the Lagos-Ibadan railway, which is in its final stage of completion, the Minister said that the construction of the $3.5 billion Ibadan-Kano standard Guage to be constructed by the China Railway Cooperation Company (CRCC) was yet to be approved by the Federal Executive Council (FEC).

He, however, said that he was hopeful that the contract would be approved before the end of the first quarter of next year.

Mr Amaechi also expressed his displeasure with the pace of work of the Lagos to Ibadan and warned that the government would not tolerate such on the Ibadan-Kano rail project when it begins.

”The Chinese are fixated on completion of work by April, we are pushing them to work, starting from January 6, the excuse they are giving now is that most of their workers have gone on Christmas break.

“They have said they have a time line which is for the minor stations to be ready by February and major stations would be ready by April which means you can commission by April or you force them to speed up and that will be before February,” he said.

Speaking on the inspected projected, the minister said, ”The Lagos – Ibadan would be ready by next year but we will not allow this type of speed on Ibadan to Kano standard Guage rail because if we allow this kind of speed, by 2023, they will not have finished and after a few more months, another government will come in and say he did the work whereas, I have been suffering, running up and down to ensure we complete the work.’

“Although it does not matter who completes it, what matters is that Nigerians have means to convey their goods”, he added.

This would, however, not be the first problem the construction would face from the contractor. In November, the project which was initially scheduled to be completed by February 2020 by the China Civil Engineering Construction Company (CCECC) pleaded for an additional two months for the completion of station buildings and communication signals.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Missing N210trn: Senate Orders Arrest of ex-NNPC Boss Mele Kyari

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Mele Kyari NNPC ceo

By Adedapo Adesanya

The Senate Committee on Public Accounts has ordered the arrest of the immediate past chief executive of the Nigerian National Petroleum Company (NNPC) Limited, Mr Mele Kyari, for failing to appear before it to explain what he knows about the allegations surrounding of an unaccounted N210 trillion between 2017 and 2023.

The decision followed Mr Kyari’s absence at the committee’s investigative hearing into the alleged financial discrepancies.

During the session, some lawmakers appealed to the committee chairman, Mr Ibrahim Dankwambo, to grant Mr Kyari another opportunity to appear, citing reports that he was receiving medical treatment in Germany.

The appeal, however, faced stiff opposition from other committee members, who insisted that a warrant of arrest be issued against the former NNPC chief.

Leading the opposition, Mr Abdul Ningi argued that verbal explanations for Mr Kyari’s absence were insufficient and should be supported by documented medical evidence. Mr Victor Umeh subsequently moved a motion for the issuance of a warrant of arrest.

Seconding the motion, the committee’s Deputy Chairman, Mr Peter Nwaebonyi, said granting Mr Kyari another opportunity to appear voluntarily would amount to a wild goose chase.

“This is the ninth time this committee is meeting on the 19 queries raised against NNPCL by the Office of the Auditor-General of the Federation. I personally chaired three of these sessions.

“Mr Chairman, the time to issue a warrant of arrest against Mele Kyari is now because the committee must conclude its assignment and report back to the Senate,” he said.

Following a voice vote, the committee overwhelmingly adopted the motion.

Declaring the committee’s position, Mr Dankwambo directed that Mr Kyari be arrested wherever he is and brought before the panel.

Meanwhile, former NNPC Chief Financial Officer, Mr Umar Ajiya Isa, rejected claims that N210 trillion was unaccounted for, arguing that the figure exceeded the company’s total revenue during the period under review.

According to him, NNPC generated about N54.5 trillion in revenue between 2017 and 2023, making it impossible for N210 trillion to be missing.

“To be clear, if money had gone missing at NNPC during our tenure, we would not have had the confidence to publish audited accounts. For more than 40 years, those accounts were either not prepared, not published, or not submitted to the Auditor-General.

“N210 trillion is an enormous amount. NNPC’s total revenue during the period under review was about N54.5 trillion, even before deducting production costs. It is therefore impossible for N210 trillion to be missing or unaccounted for,” he said.

Mr Ajiya also dismissed claims that N5.8 billion was spent on the registration of NNPC Limited, describing the allegation as false and damaging.

“Unfounded claims cause significant damage. They affect the reputations of individuals, the company and Nigeria as a whole. International rating agencies rely on public information to assess countries, and inaccurate reports can negatively impact Nigeria’s credit rating and national interests,” he said.

He challenged those making the allegations to provide evidence in support of their claims.

As the investigation continues, the committee directed Mr Ajiya and Bala Wunti, who served as Chief Upstream Investment Officer during the period under review, to reappear before it in two weeks.

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FCCPC Seals Premises of Solar Battery Importer at Alaba International Market

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Solar Battery Importer

By Adedapo Adesanya

The Federal Competition and Consumer Protection Commission (FCCPC) has sealed the premises of a major importer at the Alaba International Market, Lagos, over its alleged refusal to comply with regulatory directives relating to the sale of a defective solar battery to customers.

The Southwest Zonal Coordinator of the FCCPC, Mrs Olubunmi Otti, who led the enforcement team and security operatives to the market on Tuesday, said the commission sealed the company’s premises under Section 150(4)(a) of the Federal Competition and Consumer Protection Act (FCCPA), 2018.

According to her, the action followed the company’s failure to comply with a compliance notice issued by the agency after an investigation into a consumer complaint.

Mrs Otti explained that the matter originated from a complaint involving a defective solar battery purchased and fully paid for in February 2025.

Following the complaint, she said the organisation commenced an investigation and invited the importer and the company on several occasions to appear before the commission, but they allegedly failed to honour the invitations.

She further stated that the FCCPC subsequently issued a summons compelling the importer and the company to appear, but they again failed to comply.

As part of its regulatory process, Mrs Otti said the commission later served the company with a Compliance Notice under Section 150(1) of the FCCPA, outlining the nature of the alleged violation, the remedial actions required, the deadline for compliance, and the consequences of non-compliance.

She noted that despite being duly served and granted what the commission described as a reasonable period to remedy the breach, the importer and the company allegedly failed to comply with the notice.

“Consequently, and in direct exercise of FCCPC powers under Section 150(4)(a) of the FCCPA, 2018, the Commission has today proceeded to seal these premises,” she said.

Mrs Otti explained that the law empowers the commission to shut down or close any premises where a compliance notice continues to be breached until the violation is remedied.

She emphasised that the action was not intended as a punitive measure but rather as a protective and corrective intervention aimed at ensuring compliance with consumer protection laws.

According to her, the premises will remain sealed until the commission is satisfied that the breach has been fully addressed, after which a compliance certificate will be issued in accordance with Section 150(3) of the Act.

Otti urged importers and businesses to take compliance notices seriously, warning that the law leaves little room for discretion where violations persist after regulatory directives have been ignored.

Reacting to the enforcement action, President of the Industrial Material Dealers Association, Alaba International Market, Mr Opara Martins, said officials of the commission visited his office before carrying out the enforcement exercise, which he advised them to proceed with in line with their lawful duties.

He said while he was unaware of the specific circumstances that led to the commission’s action, he could not fault the agency for carrying out its statutory responsibilities.

Mr Martins, however, described the company as reputable, adding that the importer is a key stakeholder within the Alaba business community.

He further stated that the market had not been known for practices that undermine consumer protection.

He expressed optimism that the dispute would be resolved amicably in due course.

On his part, the General Manager of the firm, Mr Tochukwu Munachukwu, insisted the company did not receive the series of letters and notices the FCCPC claimed to have served.

He described the dispute as a civil commercial matter that should be resolved through engagement and dialogue rather than public enforcement action, noting that the incident has caused embarrassment to both the company and its management.

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Dangote Cement Host Communities in Ogun Receive Rice

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Dangote cement host communities

By Modupe Gbadeyanka

Some vulnerable households around host communities of Dangote Cement Plc in Ogun State recently received bags of rice from the Aliko Dangote Foundation (ADF) to alleviate the burden of rising food costs on them.

Beneficiaries were mainly low-income families, elderly residents, and other vulnerable groups within 17 communities in Ibese and 36 others in Itori and Ijebu-Igbo.

The organisation distributed thousands of 10kg bags of rice to residents of the communities, who could not hide their joy at the gesture.

At several distribution points, orderly processes were put in place to ensure transparency and equitable access. Local coordinators, in collaboration with community representatives, supervised the exercise to guarantee that the items reached intended beneficiaries.

At the Ibese distribution centre, the Aboro of Ibeseland, Mr Rotimi Oluseyi Mulero, thanked Mr Dangote for the gift, describing the rice distribution as operation feed the families.

“On behalf of our people, I extend our profound gratitude to the Aliko Dangote Foundation for this timely and commendable gesture. At a time when many families are facing economic challenges, this distribution of food items will go a long way in alleviating hardship within our communities.

“We appreciate Dangote Group not only as a business partner but as a responsible corporate citizen that continues to demonstrate genuine concern for the well-being of its host communities. We pray that this partnership continues to flourish for the benefit of all.

“Today, our hearts are filled with appreciation. This support has come at a very critical time for our people. Many households are under pressure, and this intervention will bring relief and hope to families,” the traditional ruler enthused.

Also, at Itori, the Olu of Itori, Mr Abdulfatai Akorede Akamo, said his people’s hearts were filled with appreciation, saying, “This support has come at a very critical time for our people. Many households are under pressure, and this intervention will bring relief and hope to families.

“We thank Mr Aliko Dangote and his Foundation for remembering the grassroots and standing by us in times of need. We are deeply grateful for this act of kindness. May the Almighty bless the Dangote Group and increase its capacity to continue doing good for humanity.”

Speaking on the initiative, the chief executive of ADF, Ms Zouera Youssoufou, represented by the ADF Head of Operations, Mr Victor Ejiro, reaffirmed that the food intervention programme reflects the organisation’s long-standing dedication to food security and poverty alleviation, particularly during periods of economic strain.

“This intervention is designed to provide immediate relief to households grappling with high food prices. As a socially responsible organisation, we recognise the importance of supporting our host communities beyond business operations.

“At the Aliko Dangote Foundation, we recognise the current economic realities facing many Nigerian households. This intervention is aimed at providing immediate relief while reinforcing our long-standing commitment to the well-being of our host communities.

“We understand the difficulties families are facing at this time. This support is our way of standing with our communities and ensuring that no household is left behind during these challenging times. Sustainable development goes beyond business operations. Through this programme, we are strengthening community resilience and contributing to national efforts to improve food access and social stability,” she stated, adding that the intervention is focused on delivering real, immediate support to vulnerable households, promising to expand it to more families.

The initiative forms part of the foundation’s National Food Intervention Programme aimed at cushioning the effects of prevailing economic challenges on ordinary Nigerians.

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