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Renewed Hope : Senate backs Umahi’s initiative on tax credit scheme of the Federal Ministry of Works, with the aim of bridging the gap in financing road infrastructure

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In keeping with his commitment to the tenets of checks and balances and separation of powers emphasized by the Renewed Hope administration of the President of Nigeria,*His Excellency, President Asiwaju Bola Ahmed Tinubu GCFR* the Honourable Minister of Works, *His Excellency Sen Engr Nweze David Umahi CON* led the critical departments of his Ministry to honour the invitation of the Senate Commitee on Finance on an interactive session in respect of the funding of critical roads, NNPCL Funding and Infrastructure Development and Refurbishment Investment Tax Credit Scheme held at the Conference Room of the Senate on 22nd February 2024.

As part of the powers of oversight by the National Assembly, the Senate Commitee on Finance ably chaired by Distinguished Senator Mohammed Sani Musa, CON invited the Federal Ministry of Works to ascertain the level of performance of the funding of the road projects captured under the Tax Credit Scheme, the rationale behind the creation of the Federal Government’s Executive Order No. 007 of 2019 passed by the past administration and the constitutionality of the Executive Order, having regard to section 80 of the 1999 constitution of the Federal Republic of Nigeria as amended. As part of his remarks, the Senate Committee Chairman said, “We need to know the beneficiaries of that tax credit and the essence of the job that they have done today. Having said that, going also by what you said, funds should all come to the Federation account. Appropriation is a different thing. Road is not the only problem we have in this country. We equally have challenges with health and others. So when this money comes into the pool, the federation account, we can now appropriate accordingly”

The subject of discussion, as it where, provoked different points of conversations by the Distinguished Committee members, after which the Hon. Minister of Works was given the floor to address the concerns raised by the committee members. He gave an overview of the structure and the status of the Tax Credit Scheme as well as the philosophy behind the creation of the Executive Order, which, according to the Honourable Minister, was a product of the decision by the National Economic Council under the past administration, designed to fill the funding gap in the road infrastructure development through fronting loading of Tax by the private sector to fund eligible road projects. According to the Hon. Minister, this scheme would incentivise the private sector to participate in the efficient and effective development of roads across their economic corridors and industrial clusters, which provide value for money. The programme, which has so far attracted funding for about 85 highway projects, is receiving funding from Dangote Industries, Nigerian Liquified Natural Gas Ltd (NLNG), Nigeria National Petroleum Petroleum Corporation Ltd (NNPCL),MTN Nigeria Telecommunications Ltd. He also spoke on the Ministry’s efforts in scopping the projects and making sure that design complies with the word’s best standards. He added that aggressive supervision was helping in ensuring quality project delivery across the nation.

The Minister gave an example of Benin- Warri road being done under the Credit Scheme and explained the innovations introduced by the Ministry under him to bring enduring solutions to the road failures. He said. “Then we now have from Benin to Warri. That’s where some of the projects are listed. If you look at the documents we submitted, you will see that we analyzed the project zone by zone. And so we also looked at the nature of the roads from Benin to Wari. It’s also a very terrible situation. So we began to fight with the contractors, and I said there is no amount of asphalt you use on this road that will stand. So what we did was to excavate all the soil up to 1 meter depth, fill back with 500cm lumps, fill back with 400cm sand. And then now go back to fill with stone base, allow it for traffic to be on it. After 30 days, then you put an additional 10cm stone base. That is 55% cement. And then you have to use concrete.

He also said that the Presidential Infrastructure Development Fund ( PIDF) was established for other strategic and critical projects that are capable of carrying Average Daily Trafick of 10,000 vehicles per day, including Abuja- Kaduna-Zaria-Kano highway. According to the Honourable Minister, ” Mr. President has just approved that the critical projects under PIDF be funded. I’m still pushing for the release of money based on Mr. President’s directive, and that is for Abuja-Kaduna,-Zaria-Kano Highway, it is very key and very important to Mr. President. But I have an issue with Julius Berger Nigeria Plc and I’ve just set up a committee to go and jointly review the project because they are asking for N1.5 trillion for that 375-kilometer dualized road. And for me, it is not justifiable.”

The Distinguished Senators were generally happy with the explanations given by the Hon. Minister of Works on the importance of the Tax Credit Scheme and the Presidential Infrastructure Development Fund, the funding performance so far and why it may not come as an appropriation, being that the funds are still the money in the hands of the private sector front loaded for some years in the future.

The Senators spoke in turns starting from the former Chairman Senate on Works, *His Excellency Senator Mohammed A. Aliero*, who spoke in defence of the Tax Credit Scheme: “It (the Tax Credit Scheme) came because of the infrastructure deficit we have in the country, which budgetary provision can not be enough to meet it. If we continue budgeting the way we are budgeting, believe me, it will take us 30 to 40 years before we can complete road rehabilitation and other repairs. The only way we can do it is to look for extra funding. And to the best of my knowledge, the State Governors were fully involved in this tax related scheme. There was a meeting between the President and the Governors. The President told them that we have a very serious infrastructural deficit in the country, and the only way we can attend to it is to use tax credit. And they all agreed, ”

The Chairman of the Senate Committee on Finance, in his concluding remarks, said, “My conclusion is that the committee will look at all that we have just heard from you ( the Hon. Minister) and make our decisions. But based on what we have heard from you, we are convinced that the Tax Credit policy of the Federal Government is a welcome initiative, which is worthwhile and we believe that every exigency has a purpose for which that period needs. And that is what called for the Presidential Order. And what we will appeal to both NNPC, Federal Ministry of Works, and the contractors are to make sure that those projects are completed”

With this wonderful executive- legislature understanding and reciprocity in tackling the economic challenges facing the country, one can be sure that the administration of Mr. President is on the steady part of binging economic prosperity to our country.

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Shettima, Akume Set for Landmark Nigeria–Poland Football Watch Party; Polish Ambassador Praises Preparations — Adeboye

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Preparations have reached an advanced stage for the historic Nigeria–Poland Football Watch Party in Abuja, with the Ambassador of Poland to Nigeria, His Excellency Michal Cygan, inspecting the venue ahead of the event, while Vice President Senator Kashim Shettima, GCON, and Secretary to the Government of the Federation (SGF), Senator George Akume, CON, have officially confirmed their participation.

The landmark event, scheduled for Wednesday, June 3, 2026, at the VIP Lounge of the Moshood Abiola National Stadium, Abuja, is being organized by the Office of the Senior Special Assistant to the President on Grassroots Sports Development, Hon. Adeyinka Anthony Adeboye, in collaboration with the Polish Embassy in Abuja.

During an inspection visit to the venue, Ambassador Cygan met with Hon. Adeboye and members of the organizing committee to assess preparations and inspect facilities ahead of the highly anticipated football viewing experience, which is expected to attract diplomats, government officials, sports stakeholders, youth leaders, football enthusiasts, captains of industry, and members of the international community.

Expressing satisfaction with the level of preparation, the Polish envoy described the venue as a fitting location for an event designed to strengthen friendship and cooperation between Nigeria and Poland.

“I am very happy with the preparation and I truly love the venue. Everything looks ready for a wonderful event,” Ambassador Cygan said.

He noted that the watch party represents more than football, describing it as an opportunity to deepen friendship, cultural exchange, and cooperation between both nations.

“Tomorrow will be about friendship and unity. We are bringing together friends of Poland, members of the diplomatic community, sports stakeholders, and football lovers to celebrate the beautiful game and our growing relationship with Nigeria,” he added.

The ambassador further disclosed that several friends and partners of the Polish Embassy would attend the event, emphasizing the role of sports diplomacy in strengthening international relations and promoting youth engagement.

Adding further significance to the occasion, Vice President Kashim Shettima will attend as Chairman of the Day, while SGF Senator George Akume will serve as the Special Guest of Honour.

Speaking ahead of the event, Hon. Adeboye described their participation as a strong indication of the Federal Government’s commitment to sports development, youth empowerment, national unity, and international partnerships under President Bola Ahmed Tinubu’s Renewed Hope Agenda.

“The confirmation of the Vice President and the SGF clearly demonstrates the importance this administration places on sports—not merely as entertainment, but as a powerful tool for youth empowerment, diplomacy, peace-building, economic opportunities, and national development,” Adeboye said.

According to him, President Tinubu’s vision continues to prioritize young people through initiatives aimed at creating opportunities, promoting inclusion, and strengthening grassroots engagement across the country.

“Mr. President believes strongly in the potential of Nigerian youths and understands the transformative role sports can play in creating jobs, promoting unity, and projecting Nigeria positively on the global stage,” he added.

Adeboye also commended Vice President Shettima for his commitment to youth inclusion and national cohesion, noting that his presence would further inspire young Nigerians and stakeholders within the sports ecosystem.

He similarly praised Senator Akume for his continued support for developmental programmes that positively impact youths and strengthen national integration.

Describing the initiative as more than a football gathering, the SSA said the watch party is designed to serve as a strategic platform for friendship, cultural exchange, youth engagement, and bilateral cooperation.

“Football remains a universal language capable of bringing people together beyond borders, religion, and ethnicity. Through this event, we are strengthening relationships and creating a platform for unity, friendship, and international cooperation,” he said.

The initiative follows recent engagements between the SSA’s office and the Polish Embassy focused on grassroots sports development, youth empowerment, sports exchange programmes, and broader bilateral partnerships between Nigeria and Poland.

Guests are expected to begin arriving at 6:45 p.m., while kickoff for the Nigeria–Poland international friendly match is scheduled for 7:45 p.m.

With the attendance of Vice President Shettima, SGF Akume, senior government officials, diplomats, and key stakeholders now confirmed, anticipation continues to build for what many observers are describing as one of Abuja’s most significant sports diplomacy events of the year.

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Tinubu Assures Families of Safe Return, Deploys 1,000 Forest Guards and Tactical Teams to Oyo Forests, Promises Swift Rescue

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….. Tinubu dispatches high-powered delegation to Oyo

President Bola Tinubu on Sunday approved the recruitment of 1,000 forest guards in Oyo State.

He also directed a specialised security unit with advanced rescue capabilities to intensify efforts to free abducted pupils and teachers from three schools in Oriire Local Government Area.

According to a statement signed and released on Sunday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, a high-powered Federal Government delegation conveyed the presidential directives to community leaders and lawmakers during a visit to Esiele and Yawota communities in Oriire LGA on Sunday, May 31, 2026.

The delegation also informed leaders that their request for the establishment of a military base in the area had been transmitted to the President for consideration and approval.

The development comes 16 days after gunmen struck communities in the area and took dozens of schoolchildren and their teachers captive.

The delegation was led by the President’s Chief of Staff, Femi Gbajabiamila, and included the National Security Adviser, Mallam Nuhu Ribadu; the Inspector-General of Police, Tunde Disu ; the Chief of Defence Staff, General Christopher Musa; and the Special Adviser to the President on Media and Public Communications, Sunday Dare, Onanuga said.

Addressing residents in both English and Yoruba, Gbajabiamila said the President’s decision to dispatch the nation’s top security leadership to the affected communities reflected his determination to deploy every available resource to secure the victims’ release.

“Mr President is deeply troubled by this incident. Whatever it takes, our children and teachers will be brought back home safely.

“He has issued all necessary directives and is providing every support required by our security agencies to achieve that objective,” Gbajabiamila said.

He also addressed appeals from parents and community members urging caution in the rescue operation.

The Chief of Staff explained: “Mr President also saw the appeals from some parents and community members urging caution in the rescue efforts.

“Let me assure you that the operation will be intelligence-led and carefully coordinated, deploying both kinetic and non-kinetic measures to secure the safe return of the victims.

“Your pain and anxiety are understood. By the grace of God, your children will return safely to your arms.”

The delegation also called on the Soun of Ogbomosoland, HRM Ghandi Afolabi Olaoye, at his palace to commiserate with the traditional ruler and his people.

They also visited the widow of the slain teacher, Mrs Mary Oyedokun, and her two children, where Gbajabiamila delivered the President’s personal condolences to the family and promised that they would not be left to suffer.

The 1,000 forest guards approved by the President will be recruited in collaboration with the Oyo State Government, Onanuga said.

The abductions occurred on May 15, 2026, when armed men attacked three schools — Community Grammar School, Baptist Nursery and Primary School, and L.A. Primary School — in the Esiele and Yawota communities of Oriire LGA, taking pupils and teachers captive.

During the attack, a mathematics teacher, Michael Oyedokun, was beheaded. A motorcyclist was also killed, and a security operative died after running into improvised explosive devices planted by the abductors during early rescue attempts.

The Oriire LGA communities sit on the fringes of a forested belt that the abductors have exploited for cover since the attack.

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Tinubu @ 3: How REA Is Expanding Energy Access to Support Nigeria’s $1 Trillion Vision

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For decades, achieving economic independence in Nigeria has been limited by a fundamental deficit: access to reliable electricity.

In rural and peri-urban communities, often referred to as the “last mile,” small businesses, agro-processors, and households have historically survived on costly, polluting petrol generators or lived in complete darkness. However, a silent revolution has been taking place across the country. Led by the Rural Electrification Agency (REA), decentralized renewable energy solutions are systematically closing the energy gap. Driven by bold policy shifts and unprecedented private sector funding, the REA’s mini-grid solutions are not just illuminating homes, they are serving as a critical infrastructure backbone to catalyze the Central Bank of Nigeria’s (CBN) ambitious target of achieving a $1 trillion economy.

This rapid transformation underscores the strategic vision of the current administration. As President Bola Ahmed Tinubu marks his third year in office, this milestone stands as a testament to his administration’s foresight. By recognizing early on that the fragile national grid could not single-handedly carry the weight of Nigeria’s industrial ambitions, the President prioritized decentralized energy solutions to intentionally ease the burden on the national grid.

Of notable mention is Mr President’s appointment of Dr. Abba Aliyu as the Managing Director of the REA. Abba’s appointment has injected a much-needed dose of technocratic competence, corporate governance and execution speed into the agency, effectively turning a bottleneck into a launchpad for national growth.

Historically, the mention of the REA in Nigeria’s public discourse was frequently tied to headlines of systemic corruption, contract inflation, and abandoned projects. For years, the agency operated as a black box where public and international donor funds vanished into ghost electrification schemes, leaving rural communities in perpetual darkness.

Today, transparency has become the order of the day. At the heart of this institutional transformation is the deployment of advanced digital data platforms including the REA Project Monitoring and Performance Hub (MPH), the Nigeria SE4ALL web platform, and specialized tracking architectures managed alongside data partners like Odyssey. By utilizing real-time IoT (Internet of Things) remote monitoring and data portals, the REA tracks precisely how much power is generated and which communities are connected. This data-first architecture ensures full accountability to international donors, eliminates ghost projects, and guarantees that disbursements are strictly tied to verified performance.

Under the leadership of Dr. Abba Aliyu, Nigeria’s off-grid sector has undergone a massive structural shift, moving from a heavy reliance on imported technology to becoming a regional manufacturing powerhouse. Driven by deliberate government policies aimed at de-risking private capital, Nigeria’s installed local solar panel production capacity has skyrocketed from 120 megawatts (MW) to approximately 300MW.

With an additional 3.7 gigawatts (GW) of capacity currently in the development pipeline, Nigeria is fast positioning itself to anchor West Africa as a renewable energy manufacturing hub. Locally manufactured solar panels are already being exported from industrial corridors like Lagos to regional neighbors like Accra, Ghana.

This domestic manufacturing surge is underpinned by a groundbreaking regulatory environment. The Nigerian Electricity Regulatory Commission’s (NERC) Mini-Grid Regulations have expanded the allowable capacity for interconnected mini-grids to 10MW. By defining exactly how mini-grids interact with the main national grid, Nigeria has established one of the most progressive and investor-friendly regulatory frameworks in Africa, one that is currently being studied and replicated by countries like Mozambique, Benin Republic, Burkina Faso, and Niger.

At the center of REA’s current aggressive rollout is the Distributed Access through Renewable Energy Scale-Up (DARES) programme, widely recognized as the largest publicly funded renewable energy access initiative globally.

DARES is an ambitious $750 million initiative structured to pull an additional $1.1 billion in private sector investments through a results-based financing model. Under this mechanism, private developers must fully mobilize and deploy their own capital to build functioning energy infrastructure before unlocking financial incentives.

The impacts of the DARES initiative are aggresively mapped toward radical socio-economic transformation, aiming to provide clean, reliable electricity to over 17.5 million Nigerians, power over 2.5 million households across the federation, and launch 1,350 mini-grids, including 250 interconnected systems.

As at today, over 1000 mini grids are being developed across the country. Additionally, 48 Interconnected mini-grids are being deployed that will inject additional 288MW of clean reliable capacity are being deployed in collaboration with 11 Distribution Companies.

The REA has gone further to unlock private finance through partnerships with institutions like FCMB, Lotus Bank, and the International Finance Corporation (IFC), creating an expansive, decentralized energy ecosystem capable of sustaining itself long after public funds are exhausted.

The expansion of last-mile electrification directly intersects with macroeconomic objectives. The CBN’s blueprint for a $1 trillion economy relies heavily on boosting productivity in agriculture, expanding MSMEs (Micro, Small, and Medium Enterprises), and scaling up local manufacturing. The REA’s mini-grid solutions act as an economic multiplier for this vision in three distinct ways.

Firstly, it unlocks the agricultural value chain.

A significant portion of Nigeria’s wealth resides in its rural agrarian communities, which suffer from high post-harvest losses due to a lack of cold storage and processing facilities. By deploying solar mini-grids to agricultural hubs, the REA enables the operation of solar-powered mills, irrigation pumps, and cold storage units. This transitions subsistence farming into a commercialized, high-yield industry, drastically boosting rural GDP contribution.

Secondly, it reduces MSMEs operating costs.

High inflation and currency fluctuations heavily penalize businesses reliant on imported fuel for generators. Replacing petrol and diesel with predictable, cheaper solar energy immediately frees up operational capital for millions of small businesses such as salons, tailoring shops, welding centers, and healthcare facilities. These saved costs are directly reinvested into expanding operations and hiring more local labor.

Furthermore, the scale-up of mini-grid capacities to 10MW allows for the strategic deployment of large solar farms in border towns. This positions Nigeria to engage in cross-border electricity trade, selling off-grid power to neighboring West African border communities. This opens up entirely new foreign exchange revenue streams, strengthening the Naira and boosting regional trade volumes in line with sub-regional economic integration goals.

In addition, the REA signed a $700,000 Memorandum of Understanding (MoU) with the Economic Community of West African States (ECOWAS) Commission to electrify healthcare centers and 15 public universities across the Federal Capital Territory (FCT), Niger, and Nasarawa states. This initiative has already begun yielding tangible results, with active projects rolling out across institutions like the Federal University of Technology, Akure (FUTA).

The Rural Electrification Agency’s mini-grid solutions have evolved beyond basic social welfare into a primary driver of industrialization and economic formalization. By taking electricity to the last mile, the REA is activating trapped economic potential in regions that the traditional grid could not reach.

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