Federal Government Raises N1.1trn From Sukuk For Road, Bridge Projects

Federal government raises N1.1trn from Sukuk for road, Bridge Projects. The Federal Government has raised N1.092 trillion from six Sukuk bond series since 2017, according to Debt Management Office (DMO) Director-General Patience Oniha.

Speaking in Lagos, she said the funds have been used to construct or rehabilitate 4,100 kilometers of roads and nine bridges nationwide.

Federal Government

Oniha highlighted the benefits of the projects, including reduced travel time, improved road safety, job creation, and better access to markets, education, and healthcare.

Full List: 15th Young Achievers Nigeria Awards Including Seyi Tinubu, Ayo Aderinwale, Jandor

Full List: 15th Young Achievers Nigeria Awards Including Seyi Tinubu, Ayo Aderinwale, Jandor. The 15th edition of the Young Achievers Nigeria Awards (YANA), Nigeria’s most prestigious youth-focused event, is set to take place on April 20 at Ibis Ikeja Hotel, Lagos. The annual event celebrates outstanding young Nigerians who have broken barriers and excelled in their respective fields through hard work and dedication.

This year’s keynote speaker is Ambassador Seyi Tinubu, with other distinguished guest speakers including:
– Dr. Ayo Aderinwale – Chairman, Just Rite Retail Stores

– Dr. Jide Adediran (Jandor) – Former Lagos PDP Governorship Candidate
– Fiona Ahimie Ahmed – MD/CEO, FBNQuest Securities
– Dr. Alex Nwuba – Aviation Expert & Investor
– Chief Niyi Babade – International Media Mogul & Entrepreneur

In a statement released by Adeduntan Ibrahim Yinka, Publisher and Convener of the awards, he emphasized that despite Nigeria’s leadership and economic challenges, several young Nigerians have continued to make significant contributions on the global stage. According to him, this year’s honorees embody qualities such as honesty, competence, progress, intelligence, and inspiration.

Some of the outstanding individuals to be recognized include:

– Olanike Nafisat Balogun – First female pilot in the Nigerian Customs Service
– Flight Lieutenant Kafayat Sanni – First female fighter pilot in the Nigerian Air Force
– Mariam Oludamilola – Best graduate, Faculty of Dental Sciences, College of Medicine, UNILAG
– Abubakar Ai-Ihsan Muhammad – Best graduating student, Ahmadu Bello University (CGPA 4.95)
– Taiwo Shittu – Nigeria’s youngest automotive MD
– Kola Oladejo – Young entrepreneur with a Midas touch

Young Achievers Nigeria Awards

– Ayo Alabi – First-class graduate excelling as a young manager in the private sector
– Aisha Mohammed – Youth development coach & enlightenment manager at EFCC

The Young Achievers Nigeria Awards (YANA) remains a platform for celebrating today’s trailblazers and tomorrow’s industry leaders.

Labour Unions Threaten Strike, Seeks Reversal Of Emergency Rule In Rivers

Labour Unions threaten strike, seeks reversal of Emergency Rule in Rivers. The organised labour has warned of potential nationwide disruptions if the Federal Government does not reverse the state of emergency declared in Rivers State.

In a joint statement, the Rivers State leaders of the Nigeria Labour Congress (NLC), Trade Union Congress (TUC), and Joint Negotiation Council (JNC) condemned the emergency rule, calling it illegal and undemocratic.

They argued that suspending Governor Siminalayi Fubara, Deputy Governor Ngozi Odu, and House of Assembly members was unconstitutional and undermined democracy.

The unions also highlighted the financial hardship faced by local government workers, many of whom have not received salaries due to the crisis. They warned that Rivers State’s economic instability could have severe consequences for Nigeria, given its strategic role in the nation’s economy and the Niger Delta region.

NLC

Furthermore, they pointed out that the uncertainty has deterred potential investors, weakening the state’s internally generated revenue (IGR) and affecting job creation.

While acknowledging the need for security, the unions insisted that governance must align with constitutional principles.

They urged the Federal Government to prioritize citizens’ welfare over political interests, warning that continued hardship could escalate tensions and resistance.