News
President Tinubu Inaugurates Arterial Road N20 in FCT, Names Highway After Wole Soyinka
The Arterial Road which runs from Northern Parkway to Outer Northern Expressway in the Federal Capital Territory (FCT) has been inaugurated by President Bola Tinubu.
The Arterial Road N20 is one of the transverse arterial roads connecting the Outer Northern Expressway (ONEX) and the Outer Southern Expressway (OSEX) through the sector centres.
The President said the opening of the road will enhance vehicular traffic circulation from the bounding districts of Mabushi, Katampe, Jahi, and Kado through the sector centres.
Speaking at the inauguration of the critical infrastructure, President Tinubu described the project as another testament to his administration’s development agenda of transforming every part of the country.
He approved the naming of the road in honour of Nobel Laureate, Professor Wole Soyinka.
”Let me say that the recommendation to name this Arterial Road N20 after Wole Soyinka is well received. He is our foremost playwright, novelist, and Nobel prize winner.
”He has brought Nigeria fame, pride, and international acclaim. Thank you for thinking that way. We all accept your recommendation on behalf of the people of the Federal Republic of Nigeria,” President Tinubu said.
The President said the project reinforces his government’s commitment to enhancing infrastructure and fostering sustainable development.
“The completion of this strategic project underscores our dedication to building a robust and resilient infrastructure that meets the needs of our growing population and stimulates economic growth.
“I am also aware that the project enabled the creation of employment opportunities for over 1,500 Nigerians. This is commendable and serves as a credit to the Renewed Hope Agenda for creating job opportunities for our teeming youth.
“As we commission this road today, we must also recognize the broader vision that it serves. This project is a critical component of our administration’s comprehensive plan to transform the FCT into a world-class city.
“It equally aligns with our broader objectives of improving urban infrastructure, promoting sustainable development, and ensuring that our cities are well-prepared to meet the challenges of the future,” the President stated.
President Tinubu also stated that the successful completion of the Arterial Road N20 project should serve as a blueprint for similar initiatives across the nation, adding: “I encourage other sub-nationals to take a cue from what is happening in the FCT and replicate them in their local communities.”
The President commended FCT Minister, Barrister Nyesom Wike, the FCT Administration, the contractors, engineers, and all those who contributed to the completion of the project, saying: “Your hard work and dedication have made this day possible.”
“The efforts of the Minister and his team have brought to fruition a critical artery that will significantly enhance connectivity, reduce traffic congestion, and improve the quality of life for the residents of the FCT.
“On that note, ladies and gentlemen, it is my singular honour to commission the full-scope development of Arterial Road N20 from Northern Parkway to Outer Northern Expressway (ONEX) to the glory of the Almighty God and service to humanity,” the President concluded.
In his remarks, Barrister Wike thanked the President for renewing and realizing the hope of Abuja residents.
”I do not want to talk about politics now, but I know it will be very difficult for anybody to challenge the President in the FCT. The facts are there. It is not about theory. It is about reality. You said you will do this, and you have done it,” the Minister said.
In a project overview, the Executive Secretary, FCDA, Engr. Shehu Hadi Ahmad explained that Arterial Road N20 is a six-lane dual carriageway, crisscrossing two major sector centres.
Ahmad added that the road comes with extensive underground infrastructure for utilities such as water supply, power supply, and drainage, and that it is also equipped with streetlights and conduits for telecommunication facilities.
News
Senate confirms Oyedele as minister
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
The Senate has confirmed the nomination of Taiwo Oyedele as Minister of State for Finance.
His confirmation comes after two hours of screening as lawmakers grilled him on various aspects of the economy.
Oyedele’s screening followed a motion moved by Opeyemi Bamidele, the Senate leader, after he called for the suspension of the Senate rule to allow strangers to come into the chamber.
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
Oyedele was escorted to the chamber by Bashir Lado, the Special Adviser to the President on the National Assembly ( Senate), alongside others.
His screening followed President Bola Tinubu’s letter to the Senate on Tuesday, requesting his confirmation as a minister.
Tinubu had, on March 3, nominated Oyedele, who currently serves as chairman of the presidential committee on fiscal policy and tax reforms, as Minister of State for Finance.
News
Tinubu appoints Lamido Yuguda as CBN’s Deputy Governor
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
PRESIDENT Bola Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN)
The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act, 2007.
This was disclosed on Wednesday by the presidential spokesman, Bayo Onanuga.
The President charges Yuguda to discharge his responsibilities with renewed dedication, professionalism, and commitment to Nigeria’s economic stability and growth.
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
He is an alumnus of Ahmadu Bello University, where he graduated in 1983 with a B.Sc. in Accountancy.
In 1991, he obtained a master’s degree in Money, Banking and Finance from the University of Birmingham, United Kingdom.
He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charterholder.
He began his career in 1984 at the Central Bank of Nigeria (CBN) as a Senior Supervisor in the Foreign Operations Department.
He also worked as an economist in the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN.
He retired from the CBN in 2016, after he had served as Director of the Reserve Management Department for six years.
News
JUST IN: IGP Disu Assigns Portfolios to New DIGs
DIG Zachariah Fera Achinyan has been deployed to Legal Services, DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
The Inspector-General of Police (IGP) Olatunji Disu has assigned the new Deputy Inspectors -General of Police (DIGs) their duties responsibilities.
Sources said that the DIGs were assigned departments based on their areas of competence.
DIG Zachariah Fera Achinyan has been deployed to Legal Services,
DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
Similarly, DIG Margaret Agebe Ochalla has been posted to the Force Criminal Investigation Department (FCID);
DIG Mohammed Abdul Sulaiman to Finance and Accounts; DIG Kenechukwu Onwuemelie will oversee the Force Intelligence Department (FID); DIG Fayoade Adegoke will head Information and Communication Technology, while DIG Umar Shehu Nadada has been posted to Operations departments.
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