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Dave Umahi

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Oyedele opens talks to clear FG contractor debt backlog

Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
Business

Dangote cement exports jump 71.6 percent, Q1 profit N421bn

Dangote's cement business posted a 71.6 percent jump in exports and 35 percent profit surge in Q1 2026, lifting African capacity to 55 million tonnes.
News

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.
News

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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News

Oyedele opens talks to clear FG contractor debt backlog

Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
Business

Dangote cement exports jump 71.6 percent, Q1 profit N421bn

Dangote's cement business posted a 71.6 percent jump in exports and 35 percent profit surge in Q1 2026, lifting African capacity to 55 million tonnes.
News

Nestoil denies First Bank dividend blame, eyes legal action

Nestoil rejected reports linking it to First Bank's dividend halt, blamed a CBN forbearance directive, and threatened defamation suits against banks and media.
Business

Elumelu firms link with MoMo PSB for cardless payments

United Bank for Africa, Heirs Holdings-backed Redtech and MoMo PSB launched a cardless payment partnership, enabling wallet payments across 55,000 RedPay terminals nationwide.