Abuja
Tinubu Government, Two Firms Set To Construct $60bn Speed Rail In Nigeria
Tinubu Government, Two Firms Set To Construct $60bn Speed Rail In Nigeria
Tinubu government, two firms set to construct $60bn speed rail in Nigeria. According to him, the project will connect Lagos, Abuja, Kano and Port Harcourt.
The federal government, De-Sadel Nigeria Ltd. and China Liancai Petroleum Investment Holdings Limited are set to commence construction of a 4000km high-speed rail across six states of the federation.
This was disclosed during the presentation of the $60 billion proof-of-funds to secretary to the government of the federation (SGF), George Akume, by the two firms in Abuja on Tuesday.
The occasion was attended by the minister of transportation, Sa’idu Alkali and the minister of state for petroleum resources (gas), Ekperikpe Ekpo, as well as a representative of the attorney-general of the federation, among others.
Speaking at the event, the chief executive of De-Sadel Nigeria Limited, Samuel Uko, said that the company had presented an official proof-of-funds from the Asian Development Investment Bank to the federal government for the first phase of the project.
According to him, the project will connect Lagos, Abuja, Kano and Port Harcourt, covering about 1,600 kilometres at the initial stage.
“This administration has given us almost 90 per cent of the necessary approvals. We have now submitted the proof-of-funds through our financial and technical partners.
”Construction will be in phases. Once we complete the sections, Nigerians will begin to enjoy the train service before the entire 36-month schedule is completed,” Mr Uko said.
He stated that the rail system would require substantial power supply, which in turn would depend on the availability of gas, hence the linkage between the project and the oil and gas sector.
In his remarks, the SGF, while describing the meeting with the investors as ‘stimulating’, said that the proof-of-funds document, which had been submitted, would undergo scrutiny to confirm its amount and authenticity.
“We do not doubt them, but it is standard procedure for government to verify large financial commitments.
”President Bola Tinubu’s administration has made reforms to ease the cost of doing business, and if investors are ready, Nigeria is ready,” Mr Akume said.
The minister of transportation also said that the project aligned with the ministry’s mandate to provide safe, secure and affordable transportation as well as with the president’s directive to attract foreign investors.

Firms Set To Construct $60bn Speed Rail In Nigeria
On his part, Mr Ekpo assured the investors of adequate gas supply for the project, noting that Nigeria had proven reserves of 210 trillion cubic feet of gas, with an additional 600 trillion cubic feet in deep-sea deposits.
“Gas is a precursor for this project, and investors will not face shortages,” he said.
Director-general of Infrastructure Concession Regulatory Commission (ICRC), Jobson Ewalefoh, said that the submission of proof-of-funds was a mandatory requirement for the projects.
“They have now presented $60 billion in proof-of-funds from China. The next step is for us to review and validate their claims to ensure the project’s viability.
“This is in line with the president’s vision that Nigeria is open for serious business,” Mr Ewalefoh said.
Abuja
FCTA Confirms Antivenom Stock, Warns Negligent Hospitals, Gives Emergency Lines
FCTA Confirms Antivenom Stock, Warns Negligent Hospitals, Gives Emergency Lines
FCTA confirms antivenom stock, warns negligent hospitals, gives emergency lines. The FCTA said all public hFCTA confirms antivenom stock, warns negligent hospitals, gives emergency linesospitals have sufficient antivenom after singer Ifunanya Nwangene’s death at FMC Jabi. Dr. Adedolapo Fasawe warned facilities to follow protocols or face sanctions, stressing that early treatment is critical.

FCTA
The territory has added 12 ambulances, improved ICUs, and centralized antivenom storage.
Residents are urged to use emergency lines 090157892931 or 090157892932.
Abuja
FCT Police Warn NLC Against Planned Abuja Protest, Say Proscribed Groups Plot To Hijack
FCT Police Warn NLC Against Planned Abuja Protest, Say Proscribed Groups Plot To Hijack
FCT Police warn NLC against planned Abuja protest, say proscribed groups plot to hijack. The Federal Capital Territory (FCT) police command has warned the Nigeria Labour Congress (NLC) against its planned protest scheduled for Tuesday in Abuja, the nation’s capital.
The NLC leadership had fixed February 3 for a solidarity rally along with members of the Trade Union Congress of Nigeria and the Joint Union Action Committee (JUAC) at the Federal Capital Development Authority (FCDA) secretariat in Garki Area 11.
The NLC declared that the rally is to publicly affirm that “an injury to one is an injury to all”, adding that the Nigerian labour movement will not abandon its members.
On January 24, the labour body declared support for the indefinite strike by workers of the Federal Capital Territory Administration (FCTA), describing the action as “necessary and heroic” in response to alleged violation of workers’ rights.
In a statement, Joe Ajaero, NLC president, said the labour union stood “in very strong solidarity” with FCTA workers under the aegis of JUAC.
Ajaero described the strike as “a necessary and heroic response to a vicious cocktail of neoliberal attacks, gross administrative impunity, and a systematic violation of the fundamental rights of workers by the FCTA management and its political leadership”.
However, in a statement on Monday, Josephine Adeh, FCT police spokesperson, said the command respects the constitutional right to peaceful assembly, but noted that intelligence reports indicate “plans by proscribed groups and other non-state actors to infiltrate and hijack the protest, posing a risk to public peace and safety”.
Adeh said in the interest of public safety, the organisers should consider rescheduling the protest to prevent any breakdown of law and order and to protect lives, property, and the rights of other residents.

Police
“The Command remains committed to safeguarding all lawful activities and urges residents to continue cooperating with security agencies to keep the FCT peaceful and secure,” the statement reads.
Meanwhile, the national industrial court has reportedly issued an interim order restraining the NLC, TUC and JUAC from embarking on the planned protest.
The court had earlier ordered workers on the payroll of the FCT administration to suspend the strike.
Emmanuel Subilim, the presiding judge, held that although the matter before the court amounted to a trade dispute, the defendants’ right to embark on industrial action was not absolute.
Abuja
Akwa Ibom Indigenes Protest RMAFC Meeting, Warn Against Tampering With State’s Oil Wells
Akwa Ibom Indigenes Protest RMAFC Meeting, Warn Against Tampering With State’s Oil Wells
Akwa Ibom indigenes protest RMAFC meeting, warn against tampering with State’s Oil Wells. Akwa Ibom indigenes resident in Abuja on Tuesday stormed the venue of a meeting of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), where the Inter-Agency Technical Committee (IATC) on Disputed/New Oil Wells was sitting, to protest what they described as attempts to reopen a matter already settled by the Supreme Court.
The protesters cautioned that no individual or agency should tamper with Akwa Ibom State’s 76 oil wells, stressing that the ownership of the wells was conclusively determined in favour of the state by the Supreme Court in 2012.
They insisted that any move to revisit the issue through administrative or technical processes would amount to a disregard for the authority of the apex court and could undermine peace in the Niger Delta region.
Akwa Ibom State was formally represented at the IATC meeting by a high-powered delegation comprising leading legal practitioners, government officials and technocrats. Members of the delegation included Paul Usoro, SAN; Assam Assam, SAN; the Attorney-General and Commissioner for Justice, Uko Udom, SAN; Uwemedimo Nwoko, SAN; Emmanuel Enoidem, SAN; and a former Attorney-General of Akwa Ibom State.

Akwa Ibom Indigenes Protest RMAFC Meeting
Also on the state’s delegation were the Commissioner for Finance, Mr Emem Bob, Former Attorney General and Commissioner Justice, Barr. Ekpenyong Ntekim; the Commissioner for Information, Dr. Aniekan Umanah; Honourable Member representing Ikot Ekpene Federal Constituency, Dr Patrick Umoh, among others.
The delegation is expected to present Akwa Ibom State’s position before the committee, reiterating that the Supreme Court judgment remains final and binding, and urging all relevant federal agencies to respect and uphold the ruling.
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