News
Makinde issues stop work order on Ibadan circular road project, gives reason
Oyo State Governor, Engineer Seyi Makinde, on Thursday issued a stop work order in respect of the construction of the Ibadan circular road project awarded in May 2017.
Governor Makinde, who paid a visit to the site of the Circular Road, off the Lagos/Ibadan Expressway, said that the road is meant to connect the Lagos-Ibadan expressway to the Ibadan/Ife expressway, adding that work should stop with immediate effect.
It would be recalled that the immediate past Governor Abiola Ajimobi had earlier inaugurated the Ibadan Circular Road construction estimated to cost about N70 billion. According to former Governor Ajimobi, the project would boost the socio-economic development and transportation system in the state.
Ajimobi at the flag-off held at Badeku Village in Ona-Ara Local Government Area, said the 32km first phase of the 110km road would be completed within 18 months.
He stressed that the first phase of the project, which would start from Badeku Village and end at Ajanla Village on the Lagos-Ibadan Expressway, representing the Northeast corner of the project, was awarded to the ENL Consortium Limited.
In addition, the ex- governor said the project would be financed through a facility sourced from the Nexim Bank of China by the contractor on a ‘Build, Operate and Transfer’ arrangement between the ENL and the state government.
“This project is at no cost to Oyo State Government; our partner (ENL Consortium) shall raise fund to finance it on the basis of ‘build, operate and transfer’ as part of our public-private partnership agreement”, Ajimobi concluded.
However, in a statement signed by the Chief Press Secretary to Governor Makinde , Mr. Taiwo Adisa, quoted the governor as deploring the discouraging pace of work at the site, during an inspection tour to the site at the Ibadan-Lagos expressway axis.
The Governor emphasised the significance of the Circular Road, declaring that the road was of utmost importance to the economy of Oyo state.
He also stated that his administration remained determined to build infrastructures that will help to expand the economy of the State.
“Basically, what we saw was not encouraging. The agreement was signed in 2017, almost three years now. The work done so far was at 5 per cent or 5.5 per cent. Also, this was a concession of about N65 billion for a 32-kilometre road. We just felt we need to pull back a little bit, look at things holistically and then take a decision in order to move forward.
“The circular road is extremely important to the economy of Oyo State and if a contractor can only achieve 5 per cent in three years, you can imagine how many years it will take to complete the road”, he said.
While speaking at site, Governor Makinde expressed disappointment and dissatisfaction at the level of work done by the contractor, ENL Consortium Limited, saying he was unhappy and unimpressed with what he observed on the site.
News
Two-Thirds of Nigerians Can’t Afford Healthy Meals — NBS
A recent survey by the National Bureau of Statistics (NBS) has highlighted the severe economic challenges faced by Nigerian households, revealing that two-thirds of the population struggle to afford healthy and nutritious meals. The survey, titled Nigeria General Household Survey – Panel (GHS-Panel) Wave 5 (2023/2024), underscores the worsening multidimensional poverty and the erosion of purchasing power due to the persistent rise in the cost of goods and services.
The report shows that approximately 63.8% of households have been forced to eat only a few kinds of food due to financial constraints. About 62.4% of respondents admitted worrying about food insufficiency, while 60.5% ate less than they thought they should. The situation has deteriorated significantly since the last survey, as the proportion of households expressing food insecurity concerns rose from 36.9% in the previous wave to 62.4% in the current one.
Power Outages and Access to Energy
The survey also sheds light on the nation’s energy crisis, revealing that Nigerian households experience an average of 6.7 power blackouts per week. While 82.2% of urban households have access to electricity, the figure drops to 40.4% in rural areas.
Cooking remains predominantly dependent on traditional methods, with 65% of households using three-stone stoves and 70.2% relying on firewood. However, the use of liquefied petroleum gas (LPG) is reportedly increasing.
Sanitation and Asset Ownership
In terms of sanitation, the report highlights that many households still lack basic toilet facilities, relying on bushes or streets for waste disposal. Access to clean drinking water is often through tube wells or boreholes, reflecting a lack of formal infrastructure in many areas.
On asset ownership, the survey indicates a decline since 2018/19. While two-thirds of households own mobile phones, only 21.3% have internet access. Housing ownership remains significant, with 70.4% of households owning their homes—80.1% in rural areas compared to 49.1% in urban centers.
The NBS report provides a stark reminder of the challenges many Nigerians face daily, from food insecurity and power outages to inadequate sanitation and declining asset ownership. It calls for urgent policy interventions to address these critical issues and improve the living standards of the population.
News
Ford Trims Workforce: 4,000 Jobs to Go in Europe
US car giant Ford on Wednesday announced 4,000 more job cuts in Europe, mostly in Germany and Britain, in the latest blow to the continent’s beleaguered car industry.
“The company has incurred significant losses in recent years,” Ford said in a statement, blaming “the industry shift to electrified vehicles and new competition”.
The move will affect 2,900 jobs in Germany, 800 in the UK and 300 in western Europe by the end of 2027, a Ford spokesman told AFP.
“It is critical to take difficult but decisive action to ensure Ford’s future competitiveness in Europe,” said Dave Johnston, Ford’s European vice-president in the statement.
The company also said it was adjusting the production of its Explorer and Capri models, resulting in reduced hours at its Cologne plant in the first quarter of 2025.
Europe’s car industry has been plunged into crisis by high manufacturing costs, a stuttering switch to electric vehicles and increased competition in key market China.
Germany’s Volkswagen has been among those hardest hit, announcing in September that it was considering the unprecedented move of closing some factories in Germany.
“The European automotive industry is in a very demanding and serious situation,” Volkswagen CEO Oliver Blume said at the time.
Ford had already announced in February 2023 that it was planning to cut 3,800 jobs in Europe, including 2,300 in Germany and 1,300 in Britain.
The company said then it was planning to reduce the number of models developed for Europe, concentrate on the profitable van segment and speed up the transition to electric vehicles.
Ford currently has around 28,000 employees in Europe with 15,000 in Germany, according to the company’s works council.
News
Tinubu Dissolves UNIZIK Council, Sacks VC, Registrar, Otukpo Pro-Chancellor
President Bola Tinubu has approved the dissolution of the Governing Council of Nnamdi Azikiwe University (UNIZIK), Awka, Anambra State, and the removal of the institution’s Vice-Chancellor, Prof. Bernard Ifeanyi Odoh, and Registrar, Mrs. Rosemary Ifoema Nwokike.
The council, chaired by Ambassador Greg Ozumba Mbadiwe, comprised five other members: Hafiz Oladejo, Augustine Onyedebelu, Engr. Amioleran Osahon, and Rtd. Gen. Funsho Oyeneyin.
A statement released on Wednesday by presidential spokesperson, Bayo Onanuga, revealed that the council was dissolved following reports of procedural violations in appointing the vice-chancellor.
According to the statement, the council had allegedly appointed an unqualified candidate, disregarding due process, which triggered tensions between the university’s Senate and the council.
The Federal Government expressed dismay over the council’s actions, emphasizing the need for adherence to the university’s governing laws in decision-making.
“The council’s disregard for established rules necessitated the government’s intervention to restore order to the 33-year-old institution,” the statement noted.
In a related development, President Tinubu also approved the dismissal of Engr. Ohieku Muhammed Salami, the Pro-Chancellor and Chairman of the Governing Council of the Federal University of Health Sciences, Otukpo, Benue State.
Salami was accused of suspending the university’s Vice-Chancellor without following the prescribed procedures, a move the Federal Ministry of Education had previously directed him to reverse.
Despite the Ministry’s directives, Salami reportedly refused to comply and resorted to issuing threats and abusive remarks towards the Ministry’s officials, including the Permanent Secretary.
The Federal Government reiterated that the primary role of university councils is to ensure the smooth operation of academic activities, strictly adhering to the laws establishing each institution.
Tinubu warned university councils against engaging in actions that could destabilize their institutions, as his administration remains committed to enhancing the nation’s education system.
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