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Dave Umahi

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Obasanjo says 13% derivation is only a start for oil-producing states

Former president Olusegun Obasanjo says the 13% derivation is only a starting point for oil producing states, as Bayelsa governor Douye Diri calls it inadequate.
News

Nigeria spent N7.7 trillion on debt interest in six months, 124% of its revenue, World Bank says

Nigeria spent N7.7 trillion on interest in the first half of 2026, equal to 124.2% of its N6.2 trillion revenue, according to the World Bank.
News

FG Threatens Contract Cut on Ibadan-Ilesha Road Project

Nigeria’s works minister warns contractors on the Ibadan-Ilesha expressway to begin urgent palliative repairs or risk losing half of the project scope.
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Nigeria Says Third Mainland Bridge Rehab Cost N43 Billion

Nigeria says the Third Mainland Bridge rehabilitation cost N43 billion, while the CCTV control centre cost about N2.5 billion, rejecting reports of inflated surveillance spending.
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Wike Praises Tinubu, Umahi as East West Road Opens to Traffic in Rivers Bonny Axis

KEY POINTS Wike applauds Tinubu and Umahi for opening the East West Road linking...
News

FG Declares Carter Bridge ‘Irredeemable,’ Plans New Alignment

The Federal Government says Carter Bridge in Lagos is in a critical state and may be beyond repair, with plans for a new alignment underway.
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South East APC Forum Calls for Clarification on Umahi’s Remarks

The South East APC Forum demands Senator Umahi's clarification on his remarks about the Anambra opposition ahead of the 2025 election.
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FG to Take Over Unfinished Lagos-Ibadan Expressway Sections

The Federal Government planned to assume control of incomplete sections along the Lagos-Ibadan Expressway starting from April 2025.
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N800 Billion Insufficient to Fix Nigeria’s Roads — Umahi

Nigeria’s road infrastructure needs increased funding and the N800 billion allocation is too little for the country, says Minister Dave Umahi.
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Concerns Raised Over Nigeria’s Road Construction Equipment

Federal Government expressed concern yesterday about the country's road construction status. Alarmingly, over the...

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Business

Obasanjo says 13% derivation is only a start for oil-producing states

Former president Olusegun Obasanjo says the 13% derivation is only a starting point for oil producing states, as Bayelsa governor Douye Diri calls it inadequate.
News

Nigeria spent N7.7 trillion on debt interest in six months, 124% of its revenue, World Bank says

Nigeria spent N7.7 trillion on interest in the first half of 2026, equal to 124.2% of its N6.2 trillion revenue, according to the World Bank.
News

Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.
News

“Even a pregnant woman suffers”: Ogun’s Oke Sefu residents beg Gov. Abiodun to fix flooded, pothole-ridden road

Residents of Oke Sefu community in Ibafo, Ogun State, are appealing to the state government to repair a flooded, pothole-ridden access road that has disrupted livelihoods.