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Lagos State Projects N2.96trn Revenue In 2025

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Lagos

Lagos State Projects N2.96trn Revenue In 2025

Lagos State projects N2.96trn revenue in 2025. Ope George, Lagos commissioner for economic planning and budget, says the state is targeting N2.96 trillion revenue in 2025.

George announced the target on Wednesday during the annual ministerial press briefing, marking the second year in office of Babajide Sanwo-Olu, governor of Lagos.

The target is 42.7 percent above the N2.08 trillion revenue recorded by Lagos state government in 2024
George also outlined the ministry’s achievements, highlighting its focus on fostering innovation, data-driven governance, and inclusive planning.

“Our focus is long-term. From strengthening fiscal discipline to expanding access to essential services, every decision is about ensuring no Lagosian is left behind,” the commissioner said.

He also highlighted the strong fiscal growth and responsive budgeting evident in the state’s revenue drive and capacity of the ministry as the engine room of the state’s economic thrust.

“The ministry through the budget department facilitated a significant increase in Lagos state’s total revenue from N2.08 trillion in 2024 to N2.968 trillion (projection) in 2025 — demonstrating improved fiscal planning,” George said.

“The 2024 fiscal year closed with an 87 percent budget performance rate, reflecting prudent fiscal management and efficient implementation across key sectors.”

The commissioner said the government implemented robust social protection measures in response to rising economic pressures.

“N130 billion was disbursed to over 18.5 million Lagosians through various programmes, including the Ounje Eko food subsidy programme, which has enhanced access to affordable, nutritious food for low-income households, as well as transport subsidy allowance following fuel subsidy removal,” George said.

He said the ministry enhanced the delivery of various interventions by integrating the Lagos State Social Register (LASSR) with the national identity number (NIN), improving the accuracy of beneficiary targets.

George added that the ministry launched several digital tools, including the LSDP 2052 implementation reporting dashboard, which tracks over 280 development initiatives across all ministries, departments and agencies (MDAs) in real-time, and the EKO360 app, deployed in all 57 LGAs and 59 MVAA centres to support real-time data collection and reporting.

‘LAGOS SECURED FUNDS FOR FLOATING SOLAR POWER’

The commissioner said that through its partnership with the European Bank for Reconstruction and Development, Lagos has secured funds to implement a floating solar power project, marking strides in environmental resilience and sustainable development.

Also, he said the office of climate change and circular economy has generated over 1,600 jobs, diverted 20,000 kilograms (kg) of waste from landfills, and prevented 10,000 kg of carbon emissions.

The commissioner noted that its programs, Eco-Circulate and ECONexus, are helping over 5,000 small and medium enterprises (SMEs) transition to sustainable, circular business models.

Lagos

Lagos

He further said the 2025 Lagos economic development update (LEDU) affirms Lagos’ status as Africa’s second-largest economy by purchasing power parity (PPP), and Sanwo-Olu’s administration reaffirms its commitment to good governance and inclusive growth.
“Lagos is not just growing—it is evolving into a model of what a 21st-century African city can become,” the commissioner said.

Gbenga Omotoso, commissioner for information and strategy; Lekan Balogun, special adviser to the governor on economic planning and budget; Olayinka Ojo, permanent secretary in the ministry of economic planning and budget; and Olumide Sogunle, permanent secretary in the ministry of information and strategy, along with other top officials from both ministries, attended the conference.

On April 14, the Lagos state government signed a memorandum of understanding (MoU) with the Rural Electrification Agency (REA) to expand solar power generation and distribution across the state.

Economy

Umahi Response to Critics Over Benin-Onitsha Road Neglect Claims

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Umahi Receives New NLNG CEO

Umahi Response to Critics Over Benin-Onitsha Road Neglect Claims

The debate over the condition of the Benin–Onitsha corridor is legitimate. Nigerians have every right to demand good roads, safe journeys and value for public investment. But legitimate concern must not be distorted into a narrative that ignores history, contractual obligations, and the substantial road infrastructure intervention currently taking place across the South-East.
Eereporter.com

The article titled “The Benin–Onitsha Road: A Monument to Neglect and the Insensitivity of Power” raises serious concerns, but its central argument requires important clarification.

The first question the writer should answer is simple: How many times has he acknowledged the enormous number of Federal road projects being executed across the South-East under the Renewed Hope Infrastructure Renaissance of President Bola Ahmed Tinubu, GCFR?

The second equally important question is:
Was the Benin–Onitsha Road in its present condition only after President Tinubu assumed office?

And the third question, which is germane to responsible public debate is: Must every road in Nigeria be fixed within three years of a new administration assuming office, regardless of inherited contracts, concession agreements, funding constraints, and procurement laws?

These fundamental questions do not dismiss the suffering of motorists and road users. Rather, they place the problem in its proper context.

It is intellectually dishonest to present the present condition of the Benin–Onitsha road as though it was created by the Tinubu administration. It inherited a vast network of deteriorating 2,064 Federal roads and bridges projects after decades of accumulated infrastructure deficits. It is instructive to note that the condition of major highways across the country predates the present administration.

Indeed, the Federal Government itself has acknowledged the historic deterioration of major South-East roads. On the Enugu–Onitsha Expressway, for instance, the Ministry has been undertaking substantial reconstruction works, including concrete pavement, and in April, 2026 reopened an initial 15-kilometre completed section.

Therefore, the question should not merely be “Why is every kilometre not yet perfect?” But the more responsible questions should be: “What has this administration inherited, what is it fixing, what contractual constraints exist, and what is being done to accelerate delivery?”

One of the most significant omissions in the criticism is the contractual status of the Benin–Asaba road project. The project was incorporated into the Federal Government’s Highway Development and Management Initiative (HDMI) as a Value-Added Concession. Official records of the Infrastructure Concession and Regulatory Commission (ICRC) describe the 125-kilometre Benin–Asaba Expressway as a 25-year concession involving the concessionaire, with the project designed to attract private-sector investment for development and management of the road.

The Federal Ministry of Works has also explained that under the Value-Added Concession model, the road pavement and the entire Right-of-Way are concessioned for development and management by the concessionaire. This diminishes the simplistic argument that the Minister of Works can simply wake up one morning, terminate the arrangement, and award another contract.

Government is bound by law. It is bound by contract. And it must observe due process.
Also, it cannot arbitrarily terminate an existing Concession Agreement without considering the legal and financial consequences, including the possibility of litigation and humongous claims against the Federal Government.

The Minister’s position is, therefore, clear: the Ministry has been engaging the Concessionaire over the pace of work and demanding better performance. The fact that the road is concessioned does not mean the Federal Government has abandoned responsibility. It means that responsibility must be exercised within the framework of the existing contractual and legal arrangements.

Indeed, the Federal Government commenced a review of inherited highway concession agreements in 2025 precisely to address concerns surrounding transparency, accountability, performance and value for money.

The critic’s argument would have Nigerians believe that the Tinubu administration has done little or nothing for the South-East. The facts do not support that sweeping conclusion.

Across the zone, the Federal Government is executing or advancing major road projects that had remained stalled, neglected, or merely conceptualised for years. These include but are not limited to the Enugu–Akwa-Onitsha Expressway, the Onueke Highway and Flyover, and the Calabar–Ebonyi–Benue Trans-Sahara Superhighway, Rehabilitation and Dualisation of Enugu – Abakaliki – Ogoja Road, Dualisation of Afikpo – Okigwe Road, Construction of Access Roads to the 2nd Niger Bridge linking Asaba and Onitsha in Delta and Anambra States, Rehabilitation of Aba – Owerri Road, Rehabilitation Of Onitsha -Owerri Expressway in Anambra/Imo States, Rehabilitation of Enugu-Port Harcourt Expressway and the Dualisation of Aba-Ikot Ekpene Road.

The Minister has repeatedly described these projects as part of President Tinubu’s broader infrastructure intervention in the South-East. Recent reporting also documents the reopening of completed sections of the Enugu–Onitsha highway and continuing reconstruction works along the corridor.

The argument, therefore, cannot reasonably be reduced to: “One road has a problem, therefore the government is doing nothing in the South-East.” That is not a fair assessment of infrastructure policy and delivery.

The Minister has, on numerous occasions, publicly acknowledged the importance of the corridor and has been engaging with the challenges surrounding the delivery of Federal roads in the South-East and elsewhere. In fact, the Ministry has demonstrated a broader approach of confronting underperforming contractors and concessionaires rather than merely making excuses for them.

In June, 2026, the Minister publicly warned non-performing contractors and expressed dissatisfaction with the pace of work on major roads, insisting that contractors must fulfil their contractual obligations. This is hardly the posture of a government that has simply abandoned the nation’s roads.

The Minister’s hands may be constrained by existing legal arrangements, but that does not mean the Ministry is indifferent.
There is a difference between being unable to lawfully terminate a contract and being unwilling to act. Those two things must not be confused.

The Minister has openly spoken about the scale of infrastructure being delivered under the Renewed Hope Agenda of President Tinubu and has, consistently, urged the South-East to recognise and support the administration.

Whether one agrees with the message or not, it should not automatically be transformed into the claim that a road is being deliberately “neglected” because its people did not vote for the President. There is no basis for equating political advocacy with a government policy of denying roads to citizens.

Indeed, the Federal Government’s road programme extends across all six geopolitical zones of the country. The Minister’s central argument is that Nigerians should recognise projects being delivered under the Renewed Hope Administration and judge by the records.

That is a political argument. It is not evidence that infrastructure is being distributed according to party membership.

Criticism is necessary in a democracy. Government officials must be questioned. Ministers must be held accountable. Contractors must be challenged. And poor roads must be reported.
But criticism should not become selective memory.

Umahi Receives New NLNG CEO

Umahi

When government undertakes major projects in a region, those projects should also be acknowledged.
When an abandoned road is being reconstructed, that fact should be recognised.
When a 15-kilometre section of the Enugu–Onitsha Expressway is completed and reopened, Nigerians should be told. When new strategic highways are initiated, the public deserves to know. When inherited concession agreements constrain immediate intervention, that context must also be explained.

A balanced assessment should contain both the failures that remain and the progress that has been made. Anything less, risks turning journalism into advocacy rather than investigation.

Nigeria has thousands of kilometres of federal highways, many of which require reconstruction, dualisation, bridges, drainage, right-of-way management and sustainable financing.
No serious infrastructure policy can assume that every inherited road will be completely reconstructed within three years.

The Tinubu administration assumed office in May, 2023. It inherited projects at different stages: some abandoned, some stalled, some underfunded, some affected by contractual disputes, and others under concession arrangements. The appropriate test is, therefore, not whether every road has been completed, but whether the administration has established a credible programme for addressing the infrastructure deficit and whether projects are actually moving.

Even within the present administration, the Ministry has had to adjust project scopes because of funding limitations, while prioritising critically failed sections for immediate intervention. The Ministry disclosed, for example, that one section of the Abuja–Lokoja project had to be reduced from 49.28 kilometres to 28 kilometres to concentrate available resources on the most critical portions of the alignment. That reality illustrates the complexity of infrastructure financing in Nigeria.

The South-East should not have to beg to be treated as part of Nigeria. Its people deserve good roads, bridges, rail connections, security and economic infrastructure. But the same principle applies to every region of Nigeria. The answer to perceived marginalisation should not be another narrative of division. It should be a factual assessment of what has been done, what remains outstanding and what obstacles must be overcome.

President Tinubu’s administration is pursuing major road interventions across the country, including strategic projects that connect regions and economic centres.
The South-East is not outside that programme. On the contrary, several of the projects now being advanced in the region are designed precisely to strengthen regional integration, trade, transportation and economic activity. Recent inspections and government statements have highlighted the strategic importance of these projects to the South-East, South-South and adjoining zones.

None of this means that road users should be told to endure a bad road indefinitely.
The complaints of commuters are real.
The pressure on businesses is real.
The delays, vehicle damage and safety concerns are real.

That is precisely why the Ministry must continue to press the concessionaire, enforce contractual obligations and use every lawful mechanism available to secure improvement.
The Minister’s position is not that the road does not matter. His position is that the road matters, the Ministry knows it, the concession arrangement is known, the concessionaire has obligations, and the government must operate within the law, while compelling performance.

Then comes the fourth question, which the article conveniently overlooks: What should the Federal Government do when a road is under a legally binding concession? Arbitrarily terminate it and expose the country to litigation, or enforce the concessionaire’s obligations through lawful means?

The Benin–Onitsha road should not become a political weapon.
It should become a case study in why Nigeria must solve its infrastructure financing and maintenance problems sustainably.

The Federal Government cannot reconstruct every road simultaneously. It must prioritise, finance, supervise, enforce contracts, and respect the law.
The Ministry of Works cannot simply terminate inherited concessions because political commentators demand it. And Nigerians should not be encouraged to believe that nothing is happening simply because every road has not yet reached the completion stage.

The real record of the Tinubu administration in the South-East must be judged by the totality of its interventions — not by one road isolated from the larger infrastructure drive.
Ingratitude should never replace investigation. Sentiment should never replace facts. And criticism should never require Nigerians to forget what is actually being done.

The Benin–Onitsha corridor deserves attention, and the Ministry must continue to demand performance from the contractor. But that legitimate demand cannot be turned into an indictment of an administration that is simultaneously undertaking major road interventions across the South-East and the wider Federation.

As Senator Engineer Umahi’s response makes clear, those who have made up their minds against President Tinubu’s interventions in the South-East will not be persuaded by facts, no matter how extensive the facts may be. But government must continue to work.

The roads must continue to be built.
The concessionaires must continue to be held accountable.
And Nigerians will ultimately make their judgment at the appropriate time.

The Benin–Onitsha road deserves fixing — but the truth about who inherited the problem, who holds the contractual obligation, and what the present administration is doing must be told, univocally.

Mohammed A. Ahmed,
Director, Information and Public Relations.
16 August, 2026.
Eereporter.com

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Nigeria’s Diversity is Our Strengthen, Unity Must Remain Our Greates Asset, Says Minister Mohammed Idris

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Information Minister

Nigeria’s Diversity is Our Strengthen, Unity Must Remain Our Greates Asset, Says Minister Mohammed Idris

The Honourable Minister of Information and National Orientation, Mohammed Idris, has described Nigeria’s diversity as a source of strength, urging citizens to promote unity and mutual understanding, noting that what binds Nigerians together is far greater than what divides them.
Eereporter.com

Idris stated this on Friday, August 14, 2026, when he attended the wake-keep of the late Ukandi Placidus Ugar Ogar in Obudu, Cross River State, alongside family members, friends, and dignitaries, including the Deputy Governor of Cross River State, Rt. Hon. Peter Odey; former Governor of Cross River State, Senator Prof. Ben Ayade; Chief of Staff to the Governor of Cross River State, Dr. Emmanuel Ironbar; and the Cross River State Commissioner for Lands, Dr. Erasmus Ekpang.

The late Ukandi Placidus Ugar Ogar, who died at the age of 76, was an elder brother to Senator Ayade and Dr. Frank Ayade.

The Minister said the gathering reflected the richness of Nigeria’s diversity and the ability of citizens from different backgrounds to unite in solidarity.

“What I have seen today is the diversity of Nigeria and how it can be further harnessed to promote unity in this country. Nigerians from all walks of life are Nigerians first. Therefore, we must celebrate them wherever they are,” he said.

While expressing condolences to the bereaved family, Idris noted that the occasion also provided an opportunity to honour a life that fostered unity among people.

“It is a moment of sorrow that he has passed on, but also a moment of gratitude that he lived a worthy life, one that helped bring people together,” the Minister said.

He called on Nigerians to continue to promote unity and shared values, while leveraging the country’s diverse cultures and traditions as assets for national development.

“We must strengthen our unity, uphold our shared values, and also see our diversity as a resource that can contribute meaningfully to the growth of our economy,” he said.

Democracy Day

Mohammed Idris

Idris reaffirmed that Nigeria’s strength lies in its people and their collective ability to rise above differences in pursuit of the common good.

Rabiu Ibrahim, mnipr
Special Assistant (Media) to the Honourable Minister of Information and National Orientation

Saturday, August 15, 2026
Eereporter.com

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NNPC’s Bebenimibo Receives SPE Nigeria Council Chairman’s Medallion

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Bebenimibo

NNPC’s Bebenimibo Receives SPE Nigeria Council Chairman’s Medallion

We congratulate Ebifagha Bebenimibo, Reservoir Engineer, NNPC E&P Limited, on receiving the SPE Nigeria Council Chairman’s Medallion at the Dinner and Awards Night of the Society of Petroleum Engineers’ Nigeria Annual International Conference and Exhibition (NAICE) 2026 in Lagos. Eereporter.com

The Medallion is conferred by the SPE Nigeria Council Chair on selected individuals for their leadership and service to the Council within the board year. Bebenimibo serves as Student Programs Chair, with oversight of more than 14,000 students across 51 tertiary institutions, and led this year’s students’ conference, which secured internship placements for students, ran field trips for over 300 student delegates across three locations, and returned more than 8 million naira to the Society through cost savings.

Bebenimibo

Bebenimibo

At NNPC Limited, our core values are Integrity, Excellence, and Sustainability. Delivering a national student programme of that scale while handling a full technical role defines Excellence in action. Eereporter.com

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