News
FG borrowed $2.5bn from China Exim Bank to construct Lagos-Ibadan rail – Amaechi
Rotimi Amaechi, the Minister of Transportation has disclosed that the Federal Government has borrowed about $2.5billion for the construction of a railway linking Lagos to Ibadan.
The Minister revealed this during an exclusive interview on Channels Television’s Newsnight aired yesterday.
He said, “If you look at the whole total cost, it will be $2.5 to $2.6 billion that we have borrowed from China Exim bank”.
He informed that the Federal Government’s decision to extend the rail line to the nation’s seaports is for the economic benefit associated with it.
“But at the end of the day, the project is costing about $2 billion. The government is coughing out more than just $200 million. We are bringing out about $700 million because we have to end to the seaport in Apapa which was not part of the original design.
“So we had to take about 45kilometres rail from Ebute-Metta into Apapa seaport. Everything together is about $2 billion. There is an additional one they are going to bring to connect Tincan Island Seaport to Apapa, that will be some extra cost which we have to borrow from them.
“They also lent us about $1.4 billion for the Lagos-Ibadan while the Federal Government had to cough out about $200 million to make it $1.6 billion”, he explained.
Former Governor Amaechi further noted that the Federal Executive Council had approved the two basic loan facilities presented by the Ministry of Transporation.
He stated that the administration of ex-President Goodluck Jonathan had borrowed $500 million for the Kaduna-Abuja rail line.
According to the Minister, since the inception of President Muhammadu Buhari’s government in 2015, the rail line “took us about $1 billion so we had to cough out the remaining money.
“When we came, part of the project was abandoned for the inability of the government to produce the counterpart funding. So what the government did was to release the counterpart funding and money for the extra work we needed to do.
“We had to buy the locomotives and coaches to enable us to commence commercial activities. For the Kaduna-Abuja, they lent $500 million”.
A Yoruba group, Yeye Dara Omoluabi Family, on Sunday urged Yoruba communities to heed the call by the Director of the Department of State Services (DSS), Mr Adeola Ajayi, to embrace self-defence as insecurity worsens across Nigeria.
The President of the group, Yeye Victoria Omodara, made the call during a press conference held at the Nigerian Union of Journalists (NUJ) Press Centre, Iyaganku, Ibadan. Her address, titled “Response to DSS Director’s Call for Self-Defence Amidst Rising Insecurity,” was delivered on her behalf by Comrade Omosebi Kolawole.
Omodara lauded Ajayi for acknowledging that Nigeria’s security agencies are currently overwhelmed by the scale of insecurity, urging Yoruba communities to reconnect with the spiritual heritage of their ancestors to defend their land.
The event was attended by leaders of various Yoruba groups from all six southwestern states, with Dr Tunde Hamzat representing renowned Yoruba leader, Professor Banji Akintoye.
In her speech, Yeye Omodara stressed the urgency for Yoruba communities to take proactive steps to protect their lives and property using “what we inherited from our forefathers.”
She said, “I urge all Yoruba people to heed this clarion call by organising community defence initiatives to reclaim our forests, farmlands, and neighbourhoods from marauding terrorists and kidnappers. The persistent attacks on farmers and rural communities have severely disrupted food production in Yorubaland, contributing to scarcity and economic hardship. It is imperative that we take ownership of our security to protect our people, lands, and livelihoods.”
The Yoruba leader decried the increasing spate of terrorism, banditry, armed robbery, kidnapping, and other violent crimes across Nigeria, noting that the DSS director’s call offers a practical solution to the lingering insecurity.
“I, Victoria Omodara, President of Yeye Dara Omoluabi Group, fully endorse the recent candid remarks by the Director General of the Department of State Services (DSS), Mr Adeola Ajayi, who acknowledged that Nigeria’s security agencies are currently overwhelmed by the scale and complexity of threats posed by terrorists, bandits, armed robbers, kidnappers, and other criminal elements,” she declared.
“His call for citizens to take proactive steps to defend themselves is a sober recognition of the harsh reality on the ground. Similarly, the Chief of Defence Staff, General Christopher Musa, and elder statesman TY Danjuma have both emphasised that while the military and security forces are intensifying operations against insurgents and criminals, the challenges remain formidable. Citizens cannot solely rely on security agencies for their protection.”
Omodara revealed that the Yeye Dara International Farm is already mobilising its members to adopt self-defence strategies in alignment with the DSS director’s advice.
“We view this approach as a necessary complement to the efforts of security agencies. By fostering community vigilance and preparedness, we can create safer environments that allow agricultural and economic activities to thrive uninterrupted,” she added.
She lamented the complex and volatile security situation in Nigeria, noting the threats posed by multiple insurgent groups such as Boko Haram, ISWAP, and the emerging Lakurawa terror group.
“Banditry, kidnapping, and armed robbery have escalated, overwhelming police and military capacity in many areas. As TY Danjuma and security chiefs have noted, the fight against insecurity will require not only enhanced military operations but also active citizen participation and innovative community-based solutions,” she stated.
News
Food Security: Rep. Oseni Boosts Oyo Agriculture, Distributes 5,200 Bags of Fertiliser to Farmers
The Chairman, House Committee on Federal Roads Maintenance Agency (FERMA) and member representing Ibarapa East/Ido Federal Constituency in the House of Representatives, Engr. Aderemi Oseni has distributed 5,200 bags of fertiliser to farmers across his constituency.
The distribution, which took place on Tuesday, is part of Oseni’s agricultural empowerment initiative under the Soludero Movement. According to a statement by his media aide, Idowu Ayodele, the initiative is designed to boost food production and combat the rising cost of food items in the country.
Speaking at the flag-off ceremony, which drew traditional rulers, party leaders, farmers, and constituents, the lawmaker described the gesture as a “landmark intervention” aligned with President Bola Tinubu’s Renewed Hope agenda.
“This is not merely a fertiliser distribution,” Oseni stated. “It is an empowerment programme designed to enhance productivity, boost food supply, and restore hope to thousands of households.”
He explained that the initiative aims to support farmers as the planting season begins while alleviating the burden posed by high agricultural input costs. The APC chieftain added that the intervention reflects his commitment to grassroots development and food security.
The Soludero Movement, launched shortly after he assumed office, has rolled out several empowerment programmes, including scholarships for over 1,000 students, interest-free loans for market women, and multi-million-naira grants for small business owners.
The lawmaker also unveiled plans to strengthen farmer support systems through the newly established Remi Oseni Soludero Cooperative Societies. The cooperatives, he said, are designed to support farmers, artisans, and entrepreneurs in the constituency.
“We are creating sustainable systems that will outlive political tenures and build enduring legacies,” he said, highlighting that the effort goes beyond fertiliser distribution to promoting long-term economic growth.
The Onido of Idoland, Oba Gbolagade Babalola (Gbadewolu I), who was present at the event, commended the lawmaker for the initiative. He urged beneficiaries to use the fertilisers on their farms and not to sell them.
Similarly, the Chairman of the Nigeria Cassava Association in Ido Local Government, Oladipo Nurudeen, speaking on behalf of the beneficiaries, praised Oseni for his continued support. Oladipo further noted that fertiliser is a critical input for farming and that the intervention would go a long way in enhancing food security in the area.
The Federal Airports Authority of Nigeria (FAAN) has announced the temporary closure of Akanu Ibiam International Airport in Enugu to allow for essential runway maintenance works.
In a statement issued on Saturday, FAAN revealed that a sudden and significant rupture had appeared in the asphalt surface of a critical section of the runway, necessitating immediate intervention.
Emergency repairs will take place from 22 April to 6 May 2025, during which time the runway will be entirely closed to all landings and take‑offs.
“In compliance with Nigerian civil aviation regulations, the Federal Airports Authority of Nigeria (FAAN) has, therefore, closed the runway during this period,” the authority said.
FAAN emphasised that this measure forms part of its ongoing commitment to passenger safety and the modernisation of airport facilities.
“All flights to this airport will be diverted to nearby airports,” FAAN added, appealing to airport users and stakeholders for their understanding and cooperation. The authority also apologised for the late and unexpected notice regarding the closure.
Reacting to the announcement, Air Peace confirmed on Saturday morning that it had suspended all flights scheduled to the airport.
In its own statement, the carrier attributed the suspension to the deteriorating condition of the runway infrastructure, which it said had repeatedly raised safety concerns.
“At Air Peace, we prioritise safety first over convenience,” the airline declared. “We believe that if flights are not operated into this aerodrome for the next few days, it will allow the Federal Airports Authority of Nigeria the opportunity to perform the necessary repairs on the runway.”
Air Peace further explained that all affected services would instead operate from Asaba, Delta State.
“Please be informed that all flights scheduled into and out of Enugu will now be operated into and out of Asaba. We regret any inconvenience this change may have caused,” the statement concluded.
Ibom Air has likewise suspended its Enugu services for the duration of the maintenance. Its Customer Contact Centre will reach out to passengers already booked on affected flights, and those seeking alternatives may make enquiries at Lagos (LOS), Abuja (ABV), or Enugu (ENU) airport desks.
“The safety of our passengers remains our top priority, and we look forward to resuming full operations in Enugu once the runway maintenance is completed,” the airline said.
