News
Lagos-Calabar coastal road project to cost ₦4bn per kilometre

Umahi says the current design of the road under construction is different from its original design which was eight lanes without train tracks.
The construction of the Lagos-Calabar coastal highway has started from Victoria Island in Lagos.
David Umahi, the Minister of Works has disclosed that the construction of the Lagos-Calabar highway would cost ₦4bn per km.
Former Vice President, Atiku Abubakar, had earlier criticised the project, alleging that the Federal Government planned to spend ₦8bn on each kilometre of the 700 km road project.
Atiku also raised questions on why President Bola Tinubu awarded the contract to his ally, Gilbert Chagoury’s Hitech without competitive bidding.
Reacting to this, Umahi in a statement on Tuesday, April 9, 2024, said Atiku lacked an understanding of figures, adding that he found the ex-VP’s comment degrading.
Also, while appearing as a guest on the Television Continental on Wednesday, April 10, 2024, the minister dismissed Atiku’s claim on the cost of the project.
He explained that the current design of the road under construction is different from its original design which according to him was eight lanes without train tracks.
“The coastal road we are constructing has a total of 10 lanes, you know, not only that it has a total of 10 lanes, it also have what we called shoulders. And the total shoulders can be put at about 23 metres. So when you put the total concrete pavement we are doing, it’s about 59 metres. When you put the total flexible pavement that he quoted it’s about 23 metres,” Umahi said.
“And so when you run the figures, you now find out that under his calculation, it is giving you about over ₦19bn per kilometre. Now if you divide it by the 23 kilometres that they are doing, it is about 2.225 times a standard superhighway carriageway, which is ₦11.55bn. Whereas what we are doing, if you divide it, you get ₦5.167bn, So when you now divide using our 1.067, you get about ₦4bn/km.
“If you go back to what he has quoted, you will get over ₦8bn. So using concrete, which should be more expensive because of the kind of terrain we have, and using flexible pavement, which shouldn’t stand the coastal route, you will find out that our cost is ₦4bn instead of the ₦8bn claimed by the former vice president.”
The former Governor of Ebonyi State disclosed that Hitech Construction would fund the project under the Public-Private Partnership model.
News
JUST IN: President Tinubu set to return to Nigeria after Saint Lucia, Brazil trip

President Bola Tinubu is expected to return to Nigeria on Saturday (today) two weeks after his two-nation visit to Saint Lucia and Brazil.
The President’s spokesman, Bayo Onanuga announced this in a post on his official X handle.
Recall that Tinubu departed Abuja for Saint Lucia and Brazil on Saturday, June 28, 2025.
The President paid a state visit to Saint Lucia as part of efforts to deepen Nigeria’s engagement with Caribbean nations and strengthen South-South cooperation.
Tinubu on July 4th departed Saint Lucia for Brazil where he attend the 2025 BRICS Summit, held July 6-7, 2025.
News
CBN And Bank of Industry Partner With CEAN To Stabilise Nigeria’s Creative Sector Post-COVID
For more than a decade, CEAN has played a vital role in connecting Nigeria’s informal creative workforce to structured policy, funding, and formal economic opportunities.

September 12, 2022, Lagos, Nigeria –
In a bold and strategic move to rescue Nigeria’s creative industries from the lingering economic shocks of the COVID-19 pandemic, the Central Bank of Nigeria (CBN) and the Bank of Industry (BOI) partnered with the Creative Entrepreneurs Association of Nigeria (CEAN) to design and implement a nationwide intervention targeting vulnerable creative businesses.
The collaboration, launched in mid-2022, marks a milestone in the recognition of Nigeria’s creative economy as a critical pillar of national development—and affirms CEAN’s position as a trusted stakeholder in industry policy and infrastructure development.
Responding to a Sector in Crisis
The partnership was galvanized by CEAN’s early post-pandemic white paper, “Creating Through Crisis: The Future of Nigerian Creativity Post-COVID.
It presented compelling data and policy recommendations that influenced federal strategy.
While other sectors received initial support under the government’s economic recovery plans, it was CEAN’s persistent advocacy and detailed sector mapping that brought national attention to the creative industries’ urgent needs.
CEAN’s nationwide rollout had seen the training of over 2,000 creative entrepreneurs, advisory support to more than 500 micro-businesses, and the establishment of regional Creative Recovery Hubs in Lagos, Abuja, and Enugu.
“From day one of the pandemic, we understood that Nigeria’s cultural workforce—millions strong—was at risk of collapse,” said Adebowale Ewedemi, CEAN founding executive and veteran media entrepreneur.
“We didn’t just lobby for change; we brought the tools, the structure, and the roadmap,” said Ewedemi.
From Blueprint to Implementation
The result was a landmark intervention program backed by BOI and regulated by CBN, with CEAN serving as the official implementation partner.
The program delivers targeted support to struggling sub-sectors including independent film, performance art, fashion, radio, music, design, and digital content production.
Highlights of the program include:
• Access to low-interest working capital for creative entrepreneurs
• Training grants and accelerator programs for skill development
• Support for studio and performance infrastructure
• Technical assistance for digital transformation and business retooling.
CEAN’s nationwide rollout had seen the training of over 2,000 creative entrepreneurs, advisory support to more than 500 micro-businesses, and the establishment of regional Creative Recovery Hubs in Lagos, Abuja, and Enugu.
Sustained Leadership in Nigeria’s Creative Economy
This intervention is only the latest in CEAN’s long record of national impact. During the peak of the COVID-19 lockdowns, the association served as a frontline support system—offering emergency relief, transitioning training programs online, and shaping portions of the Federal Government’s Survival Fund.
For more than a decade, CEAN has played a vital role in connecting Nigeria’s informal creative workforce to structured policy, funding, and formal economic opportunities.
Through this work, the association—under Ewedemi’s leadership—has consistently introduced original models, innovative frameworks, and institutional partnerships that define sustainable creative sector governance in Africa.
Architects of a New Creative Economy
This partnership with CBN and BOI reflects a broader understanding that Nigeria’s future is tied to the creative ingenuity of its people—and that long-term development requires strategic institutions with deep insight, trust, and capacity.
“We’re proud to move beyond advocacy into implementation. This is not a moment—it’s a movement. We are helping to reshape the creative industry into a nationally recognized economic force, ”said Ewedemi.
As the creative sector continues to recover and rebuild, CEAN remains committed to ensuring that no artist, content creator, or cultural innovator is left behind.
News
President Tinubu congratulates Governor Okpebholo on Supreme Court Victory

Nigeria’s President, Bola Ahmed Tinubu has congratulated Governor Monday Okpebholo of Edo State on the affirmation of his election by the Supreme Court.
The Edo State governorship election took place in September 2024, and Governor Okpebholo was declared the winner by the Independent National Electoral Commission (INEC).
The Supreme Court, as the final arbiter, upheld the election of the governor today.
According to the press statement signed by Bayo Onanuga, Special Adviser to the President (Information & Strategy), President Tinubu encourages Governor Okpebholo to be magnanimous in victory and rally the citizens of Edo across divides towards a singular vision of advancing the state’s development.
The President advises that now that the governor has cleared the legal hurdles, it is time for him to accelerate the delivery of exceptional services and good governance to the people of Edo State, which he has already begun to do.
President Tinubu also congratulates the leadership and members of the All Progressives Congress (APC) in Edo State and calls for cohesion and dedication in effectively discharging the mandate given by the people.
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