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Lagos-Calabar coastal road: Like Tinubu, Umahi deceiving Nigerians – Atiku

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Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election, is unfazed by the explanation of the Federal Government to the Lagos-Calabar Coastal Highway, despite the insistence that there is no shady deal in the project including the manner the contract was awarded, which is already raising eyebrows across the country.

Atiku, former Vice President, who was particularly reacting to the explanation offered by Dave Umahi, Minister of Works that the 700km Lagos-Calabar Coastal Highway will tentatively cost N15.6 trillion, insisted that the project wreaked of fraud and wastefulness, regretting that the Minister even went ahead to readjust the initial plan of the project after Gilbert Chagoury’s Hitech had been awarded the contract without any competitive bidding.

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A statement from the former VP’s office castigated the Minister, saying: “Umahi had announced that the project would be fully funded by Hitech, and based on this, there was no competitive bidding. He (Umahi) then turned around to say that Hitech could only raise just 6% of the money for the pilot phase. This smacks of deceit.”

Umahi had during his media rounds at select TV stations on Thursday said the road project would cost N15.6 trillion ($13bn at exchange rate of N1,200/$1) while the rail which will pass through the road will be costed separately. The minister had also said the project would not be PPP, but the government would be providing 15%-30% counterpart financing.

But Brushing aside the clarification Atiku insisted the tentative cost was the equivalent of the total budget of all 36 states of the federation combined, stating: “The total budget of all 36 states of the federation for 2024 stands at about N14 trillion. If you add that of the FCT, the entire budget of all sub-nationals is N15.91 trillion. This is scandalous. Worse still, they have already awarded the contract but are still not sure of the level of the counterpart funding component of the federal government!

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“Umahi had said in September 2023 that Gilbert Chagoury’s Hitech had the money to construct the highway and that it would be PPP. Hitech was to build, operate, and transfer it back to the Nigerian government after years of tolling.

“It was reported by every media organization, including those owned by Tinubu. It was on the basis of this proposal that Hitech was picked. Why did Umahi then turn around to claim that it was not to be a PPP but that the government would pay 15%-30%? The former Vice President noted that in the 2024 budget, the project was captured as the Lagos-Port Harcourt coastal highway and was put at a cost of N500m.

“Although the National Assembly approved N500m for the project this year, the Tinubu administration has released N1.06tn. That is more than 200 times what is in the Appropriation Act. This is what happens when the National Assembly fails in its duties. It is curious that the N15.91 trillion announced by Umahi did not include the cost of the railway component.

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“How much is the project would cost if the railway component is included. If N15.6 trillion is for the road component alone, then the total cost could be far higher when the railway is included. We want to know the cost of the railway. Umahi admitted hat the project was given to Gilbert Chagoury’s Hitech construction company without a competitive bidding. He must stop trying to deceive Nigerians with the claim that only Hitech was competent enough to do the project, wondering if it is the same that has been grappling with the execution of its projects in Lagos.

“The essence of a competitive bidding is so that Nigerians can get the best value for money. It is so that you can compare prices and pick the company that can afford the project. It is wrong for him to have concluded that only Hitech could handle this project when such a project has been done by other reputable firms in the United States, China and South Africa.

“He claims he didn’t know there was a business relationship between Gilbert Chagoury and Tinubu, but this is another lie because Tinubu has publicly acknowledged this fact. The National Assembly must live up to their responsibilities instead of acting like an annexe of the presidency. Until I exposed the dubious nature of this project, no member of the National Assembly thought it wise to investigate. The total cost was never made known until now. The fact that there was no bidding was never made known until I blew the whistle.

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“On March 31, 2024, Umahi came on Channels Television’s Sunday Politics programme where he pointedly said that money that the sum of N1.06tn was released to Hitech. Only for him to say on TVC on April 11 that the same money had not been released. Which one is true, and which one is false?”

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Why we pegged presidential ticket forms at N60million – NDC

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Nigeria Democratic Congress (NDC) has released a list of nomination fees for all its elective positions in 2027, with that of presidential office pegged at N60million – N20million for Expression of Interest and for Nomination Forms, respectively, while putting that of the governorship at N30million.

The forms which would be on sale from Wednesday, would also has those of the Senate put at N8million cumulatively, that of the House of Representatives is pegged at N6million, while aspirants for Houses of Assembly in states are to pay N2.5million.

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In a statement signed by Moses Cleopas Zuwoghe, National Chairman and Ikenna Morgan Enekweizu, National Secretary the party also released the timetable and deadlines for the purchase and return of the forms.

Specifically for the governors, the NDC fixed N10 million and N20million for the Expression of Interest and Nomination Forms, respectively, N3 million and N5 million respectively, for the Senate and N2 million and N4 million for the Nomination Forms respectively for the Reps.

State House of Assembly aspirants would be required to pay N1 million for the Expression of Interest and N1.5 million for the Nomination Forms respectively, the statement said, adding that sale of the forms for all elective positions would commence Wednesday, May 13, 2026, and close on Monday, May 18, 2026.

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All aspirants would undergo screening and interviews between May 19 and May 21 before becoming eligible to purchase Nomination Forms, the statement noted, adding that the sale of Nomination Forms would commence immediately after the screening exercise and run from May 21 to May 23, while completed forms must be returned not later than May 25.

Disclosing that appeals arising from the screening process would be handled on May 25 and 26, while primary elections for various offices would hold on May 27 and 28, the party put its presidential primary election for May 29, 2026, in Abuja.

While aspirants for the state assemblies would be screened in their respective states, those for National Assembly and presidential aspirants would take place at the party’s national headquarters in Abuja.

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For the governorship primaries the assignment would be conducted at the local government level, the statement said, adding that all aspirants seeking its tickets would be required to sign undertakings in line with the party’s code of conduct and electoral guidelines.

Assuring members and aspirants of what it described as a transparent, inclusive and credible primary process capable of producing competent candidates for the 2027 elections, the statement said: “The party remains committed to a transparent and democratic process that guarantees fairness, inclusiveness and internal democracy in the conduct of its primaries.”

In the conduct of the primaries, the party said it had adopted “open secret ballot” system, to strengthen credibility and transparency during delegate voting, adding that its nomination fees remained among the lowest when compared with those charged by other major political parties in the country.

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Announcing concessions for female aspirants and persons living with disabilities, the statement said while women would pay only 50 per cent of the approved fees, while PWDs would enjoy a 75 per cent waiver across all categories.

The statement further added: “The Nigeria Democratic Congress (NDC) has officially announced the commencement of the sale of Expression of Interest and Nomination Forms for aspirants seeking to contest various elective positions on the platform of the party ahead of the 2027 general elections.

“The screening and interview of aspirants, which will determine eligibility for the purchase of Nomination Forms, will hold from Tuesday, May 19, to Thursday, May 21, 2026. The sale of Nomination Forms will commence immediately after the screening exercise, from Thursday, May 21, to Saturday, May 23, 2026, while completed forms must be submitted on or before Monday, May 25, 2026.

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“The NDC further stated that appeals arising from the screening process will be entertained on May 25 and 26, while primary elections for various elective offices are scheduled to hold on May 27 and 28, 2026.

“The Presidential Primary Election is slated for May 29, 2026, in Abuja.

“The party explained that aspirants seeking tickets for State Houses of Assembly will be screened in their respective states, while screening for aspirants to the National Assembly and Presidential positions will be conducted at the party’s National Headquarters in Abuja.

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“It also disclosed that governorship primaries would be conducted at the local government level. All aspirants will be required to sign an undertaking in line with the party’s guidelines and code of conduct.

“The NDC assured members and aspirants of a transparent, inclusive, and democratic process in the sale of forms and conduct of primaries.

“The party also announced that it would adopt the “open secret ballot” system for its primaries in order to guarantee credibility, fairness, and internal democracy.

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“The NDC noted that its approved nomination fees remain among the lowest compared to those of other major political parties in the country.

“A breakdown of the approved fees is as follows:

  • State House of Assembly:
    Expression of Interest Form – N1 million
    Nomination Form – N1.5 million
  • House of Representatives:
    Expression of Interest Form – N2 million
    Nomination Form – N4 million
  • Senate:
    Expression of Interest Form – N3 million
    Nomination Form – N5 million
  • Governorship:
    Expression of Interest Form – N10 million
    Nomination Form – N20 million
  • Presidency:
    Expression of Interest Form – N20 million
    Nomination Form – N40 million
    Meanwhile, female aspirants and persons living with disability (PWDs) are to pay 50% and 25% of the fees across all categories.

“The party reaffirmed its commitment to a transparent and credible primary election process capable of producing competent candidates for the 2027 general elections.”

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Tinubu to African leaders: Copy Nigeria, produce your way out of poverty

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For President Bola Ahmed Tinubu there is no other way for African countries to get out of the woods but to engage in massive industrialisation – transforming their rich mineral resources into finished products rather than exporting them in their raw states.

This was the major highlight as he took the podium on Tuesday at the ongoing Africa Forward Summit at the Kenyatta Convention Centre in Nairobi.

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Tinubu, who led Nigeria’s government, diplomatic, and business delegation to event, told his audience that Nigeria was ready to assist in the deeper economic integration and industrial growth and prosperity he envisaged for the continent.

Highlighting Nigeria’s blue economy potential as a key driver of Africa’s development, and decrying its underutilisation due to insecurity and uncertainty, he said: “Today, I make an explicit commitment: Nigeria will intensify regional coordination by offering our Deep Blue Project’s maritime intelligence infrastructure as a shared data hub for willing Gulf of Guinea states.

“Interoperable systems, harmonised laws, and seamless joint enforcement must become the daily reality, not an aspiration on paper. Let no one misunderstand: maritime sovereignty does not repel investment — it attracts it. Secure sea lanes, predictable regulation, and functional courts are the preconditions that unlock private capital. Governance has de-risked Nigeria’s maritime proposition. We now invite partners to build on these gains as we advance climate-aligned port modernisation and the digital transformation of our maritime sector.

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“As we endorse the Nairobi Declaration, Nigeria affirms that maritime sovereignty and ocean governance are the non-negotiable foundations of Africa’s Blue Economy transformation. We will continue to earn that sovereignty — through institutions, through assets, through law, and through iron-clad regional solidarity that turns our waters from a theatre of risk into a story of shared resilience.

“The oceans have no duplicate as a common heritage of mankind. For Africa, moving from sea blindness to ocean sovereignty is not a choice — it is a generational duty. Nigeria is ready, and we invite all present to join us in that duty.”

Blaming international financial system, for the poor state of industrialization in Africa, Tinubu insisting that Africa must not remain locked into raw-material exports while importing finished goods.

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Hear him: “Last September, from the podium of the United Nations General Assembly, Nigeria warned that the international system must reform or risk irrelevance. We spoke not only of the Security Council but of the financial and trade structures that quietly de-industrialise our nations. The evidence is before us. Despite decades of independence, Africa’s share of global manufacturing value added remains below 2 per cent.

“We export raw minerals, crude oil, and agricultural commodities, and we import processed goods at a premium. This pattern is not an accident. It is the product of a global financial architecture that starves our industries of affordable capital, tolerates massive illicit financial flows, and imposes policy constraints that our competitors themselves never observed when they built their own industrial bases.

“Nigeria does not come to this discussion as a supplicant. We come as a nation that has taken painful, homegrown decisions to put our house in order — removing fuel subsidies, unifying our exchange rate, recapitalising our banking system with over US$3.4 billion, and exiting the FATF grey list. These reforms were sovereign choices, not external conditions. They have delivered a declining debt-to-GDP ratio, now projected at 32.3 per cent in 2026, stronger external reserves of $45.5 billion, and a return of investor confidence. But, Excellencies, even a reforming nation like Nigeria is being forced to de-industrialise by a financial system that is stacked against us.”

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The President added that in 2026, Nigeria will spend about US$11.6 billion on debt servicing — nearly half of projected revenue.

“Every single dollar that leaves our treasury to pay punitive interest rates is a dollar that did not go into our steel sector, our textile mills, our agro-processing plants, or our digital industries. It is a dollar that did not train a young Nigerian engineer or provide affordable power for our factories. Our industrial base is being starved of the blood it needs — long-term, affordable finance — while creditors and rating agencies treat African sovereigns as permanent high-risk borrowers, regardless of our fiscal performance.

“So, I ask this gathering: how can an African manufacturer compete with a competitor in Europe, Asia, or North America when the cost of borrowing in our nations is five to ten times higher? How can we build cross-border industrial value chains under the African Continental Free Trade Area when our infrastructure projects face a financing gap deepened by the very institutions meant to bridge it? The answer is plain: we cannot. The international financial architecture, as currently constituted, is an instrument of industrial disarmament for Africa.

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“Nigeria is not asking for charity. We are demanding a financial system that intentionally enables Africa to industrialise — to process its own minerals, refine its own crude oil, manufacture its own pharmaceuticals, and compete fairly in global markets. We will continue to borrow responsibly, but we insist that our creditworthiness be measured by our economic fundamentals and our industrial potential, not by outdated stereotypes,” he noted.

On migration, Tinubu said addressing root causes was essential, stressing that people would not risk dangerous journeys if opportunities existed at home.

He said Nigeria had embedded migration management within its broader economic reforms, including subsidy removal, banking recapitalisation, and agricultural modernisation.

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He also called on international partners to increase investments in climate adaptation, energy access, digital skills, and job-creating sectors, urging that a portion of Official Development Assistance (ODA) be directed toward reducing irregular migration pressures.

Tinubu also called for stronger African cooperation in shaping global migration governance, saying existing frameworks such as the Global Compact for Safe, Orderly and Regular Migration remained insufficient due to their non-binding nature.

He expressed support for African Union initiatives including the Migration Policy Framework and the Khartoum Process, while urging stronger links between regional and global systems.

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The Africa Forward Summit, co-hosted by Presidents Emmanuel Macron and William Ruto, brought together leaders and officials from over 30 countries.

Opening statements were delivered by Macron, Ruto, UN Secretary-General António Guterres, and African Union Commission Chair Mahamoud Ali Youssouf.

On the sidelines, Tinubu met Madagascar’s President Michael Randrianirina and held talks with CAF President Patrice Motsepe, where he reaffirmed Nigeria’s readiness to host the 2026 CAF Awards.

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He was accompanied by senior government officials, including ministers of foreign affairs, finance, agriculture, marine and blue economy, environment, industry, communications, as well as leading private sector figures such as Aliko Dangote, Tony Elumelu, Abdulsamad Rabiu, and Aigboje Aig-Imoukhuede.

The summit featured discussions on investment, AI, digitalisation, agriculture, creative industries, climate change, and strategies to translate policy discussions into industrial development across Africa.

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Uyo varsity saga: How irate staff attacked, detained our operatives – EFCC

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The Economic and Financial Crimes Commission (EFCC) is claiming to be the victim in the fracas that ensued at the University of Uyo Teaching Hospital (UUTH) in Akwa Ibom on Tuesday, which led to the arrest of Eyo Ekpe, Deputy Chairman of the hospital’s Medical Advisory Committee (MAC).

In a detailed account of the incident, which caused panic at the institution following the arrival of the EFCC operatives at the facility, the anti-graft agency, explained that its operatives were in the hospital on lawful duties to make enquiries on a medical report of one of its suspects.

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On Tuesday, a video clip showing workers, patients and visitors, scampering away as plumes of smoke suspected to be from teargas canisters fired into the premises, went viral, attracting a backlash from the public.

Amid the commotion that ensued, the operatives, said to have arrived the institution in two saloon cars and a tinted bus, with some officers wearing masks and others dressed in EFCC-branded jackets, eventually spirited away Epe, Professor of Cardiothoracic Surgery.

Dele Oyewale, spokesman of the commission, however said the operation was legitimate, adding that the operatives only visited the hospital to authenticate a medical report presented by a suspect who has been remanded over allegations of defrauding multiple microfinance banks, including University of Uyo Microfinance Bank.

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Oyewale Head of Media and Publicity, who narrated how the agency previously wrote two different letters to the hospital management over the medical report but received no response, added decided to visit the hospital for further enquiry over the matter.

He wrote in a statement: “As a last resort, operatives of the Commission visited the Chief Medical Director of the hospital on Tuesday to make further enquiries, only to be locked in with a false alarm and subjected to unprovoked attack by misguided staff of the facility who pelted them with stones and other dangerous objects,” the statement reads.

“While within the hospital, the CMD reportedly directed that gates of the facility be shut, making it impossible for any lawful enquiry to be made.

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“Police authorities in Akwa Ibom State advised the CMD to open the hospital gates to enable the operatives exit the premises peacefully but the entreaties were turned down.

“In spite of the hostility and provocation, there was no breakdown of law and order as the operatives exercised restraint and professionally made their ways out of the hospital premises without disrupting its activities.

“Enquiries bordering on operational engagements of the Commission are lawful. It is therefore necessary to remind the public and corporate bodies that they are obligated to cooperate with the agency in such circumstances.”

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