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FG Reviews Concession Agreements for Transparency in PPPs

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2023: Court denies Umahi senatorial ticket

The Nigerian Government is in the process of reviewing the concession policy to pave way for private sector funding and participation in road infrastructure development.

The Minister of Works, Senator Dave Umahi made the disclosure in a statement issued on Tuesday by his Special Adviser (Media), Barr. Orji Uchenna Orji.

The statement reads, “In the efforts of the Federal Government of Nigeria to strengthen the concession policy for concessionaires and to enhance funding and private sector participation in the road infrastructure development under the Highway Development Management Initiative, (HDMI), the Honourable Minister of Works, His Excellency, Sen. Engr. Nweze David Umahi, CON has concluded a meeting with stakeholders and concessionaires with the aim of having a more realistic, transparent and productive approach to financing in the construction and maintenance of road projects under Public-Private Partnerships.

ALSO READ: Africa’s Losing $90bn Annually to Imported Substandard Fuel, Dangote Laments 

“In the two-day meeting  held at the conference hall of the Federal Ministry of Works,  Mabushi-Abuja, and which started on Friday 18th July 2025 and was concluded on 22nd July 2025, the Honourable Minister of Works identified certain articles and clauses in the existing concession agreements  executed  on 23rd May 2023 that needed to be reviewed both in the original concession agreement and the proposed addendum to ensure value for money, strengthen long term collaboration, transparency and accountability as well as degravitate‎ potential Put-Call Option  Agreement and litigation. He raised issues for discussion including the issue of Put-Call Option Agreement (PCOA),  additional facilities, performance security, shifting of encumbrances on site, the role of the independent engineer, competing road/alternate road, change in project scope, revision of toll fees, force majeure and stakeholder consensus building to ensure active citizenship participation in the effective take-off of project construction, tolling and maintenance. He recalled that contractors were already on some of the project sites before the signing of the concession agreement by concessionaires and that innovations had been introduced to add value to the works sector, hence, the need for a review of the existing concession agreement and its addendum.

“He listed some of the requirements for the concessionaires to activate the implementation of their projects, including their obligation to ensure mutual termination of existing contracts before taking over their respective sites, the need to show evidence of their capacity and readiness, including proof of source of funds for the project, payment of all outstanding debts owed to the existing contractors, evidence of technical and financial competence, and availability of company or partner’s equipment. The Honourable Minister restated that the Federal Ministry of Works would not disengage any existing contractor from the site in any of the projects unless the conditions precedent are complied with by concessionaires.

“He presented the full details of the proposal of the Federal Ministry of Works on the matters of concern in the existing concession agreement  inherited from the past administration and maintained that the essence of the review sought was to ensure that the concessionaires comply with the best practices and the innovations introduced by the Renewed Hope administration of the President of the Federal Republic of Nigeria, His Excellency Bola Ahmed Tinubu, GCFR. He read the draft review as prepared by the Federal Ministry of Works, clause by clause and page by page. Part of the new addendum he presented was that the concessionaires shall construct compulsory facilities which shall include CCTV and solar streetlights, rest areas and any other additional facilities needed to improve travel safety and comfort of travellers on the entire project route.

“He subjected all the issues and concerns raised to extensive deliberation by the stakeholders, including the Honourable Minister of State for Works, Rt. Hon. Bello Muhammad Goronyo, Esq, the Permanent Secretary Secretary Cabinet Affairs Office of the Secretary to the Government of the Federation, Dr. Emanso U. Okop, the representatives of the Federal Ministry of Justice, Federal Ministry of Finance, Debt Management Office, Bureau on Public Procurement, Infrastructure Concession Regulatory Commission, Bureau of Public Enterprises, the team from Public-Private Partnerships Unit of the Federal Ministry of Works and directors of key departments as well as the concessionaires who were in the meeting including Africa Plus/BAAECC, Africa Finance Corp, Morta-Engine, Morta-Engil, Balosh Integrated Services, LIB Concession and Greg  Jane Int. Limited. In his speech, the Honourable Minister of State for Works tasked the concessionaires on commitment to the extant laws and regulations necessary for them to achieve the objectives of the HDMI. He praised the passion and sense of patriotism of the Honourable Minister of Works. Other stakeholders aligned themselves with the impression of the Honourable Minister of State for Works on the efforts of the Ministry in strengthening the concession agreement. The concessionaires also made contributions that aligned with areas of their concern.

“While declaring the meeting closed, the Honourable Minister of Works stated among other things that the articles and clauses as reviewed during the meeting would be exposed to the principal stakeholders (Heads of relevant MDAs) within 7 days for further and final deliberation and that each of the concessionaires should communicate their acceptance of the agreement as reviewed or communicate  the Federal Ministry of Works on grey areas so that such concerns would be reviewed in a meeting of the principal stakeholders.”

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Dangote Refinery Exports 1.1bn Litres of Aviation Fuel to Europe, Supplies 95% of Nigeria’s Jet A1 – AON

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The Airlines Operators of Nigeria (AON) has described the Dangote Petroleum Refinery and Petrochemicals as a critical pillar of support for Nigeria’s aviation industry, disclosing that the refinery currently supplies over 95 per cent of the Jet A1 fuel consumed nationwide.

Biztellers reports that the company also exported 1.1 billion litres of aviation fuel to Europe between March and April 20.

Speaking during a televised interview, AON spokesperson Obiora Okonkwo said the refinery’s output has played a vital role in sustaining domestic airline operations at a time of global supply disruptions arising from tensions in the Middle East and rising fuel costs.

“It is a matter of fact that over 95 per cent of aviation fuel supplied across the country comes from the Dangote refinery. To airline operators in Nigeria, Dangote is not just a refinery; it is a game changer and, indeed, a lifesaver,” Okonkwo said.

He noted that despite the refinery’s consistent supply, airlines continue to face severe operational strain due to escalating Jet A1 prices, which he attributed to sharp practices within the downstream distribution chain.

According to Okonkwo, some fuel marketers are allegedly creating artificial scarcity in spite of available supply from the refinery, leading to disproportionate price increases. He disclosed that airline operators have recorded Jet A1 price hikes of up to 300 per cent since the onset of the Middle East crisis.

“We consider this exploitation. The refinery has not indicated any shortage, yet we are witnessing artificial scarcity and unjustifiable price increases. What airlines pay does not reflect depot prices,” he said, suggesting the presence of racketeering within the market.

Echoing these concerns after a closed‑door meeting between the AON and the Federal Government, Chairman and Chief Executive Officer of Air Peace, Allen Onyema, described the situation as deeply troubling, particularly given that the Dangote refinery sells its products at comparatively lower rates.

“The truth is that marketers must be called to account. How do prices rise by as much as 300 per cent when Dangote’s supply remains the cheapest and some marketers source directly from the refinery?” Onyema asked. “So, why the astronomical increase?”

ALSO READ: NNPC Ltd, Algeria’s Sonatrach Ink MoU for Research, Innovation

Meanwhile, the Dangote Refinery continues to expand its footprint in the international aviation fuel market. Industry data indicate that the facility exported approximately 876,000 metric tonnes of jet fuel to Europe within the period under review—about 456,000 tonnes in March and an additional 420,000 tonnes by April 20.

These export volumes underscore the refinery’s growing capacity and improved logistics, further reinforcing Nigeria’s emerging role in the global downstream oil and gas market, even as it strengthens domestic energy security.

Photo Caption
From Left: President/CE, Dangote Industries Limited, Aliko Dangote; President of Uganda, H.E. Yoweri Museveni; President of Kenya, H.E. William Ruto, and CEO of the Africa Finance Corporation, Samaila Zubairu, at The Africa We Build Summit in Nairobi, Kenya, on Thursday.

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Peterside Harps on Strong Leadership at NCDMB Book Reading Series

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The Nigerian Content Development and Monitoring Board (NCDMB), on Wednesday at its Conference Centre hosted the 2026 first quarter edition of its Book Reading Series.

With Dr. Dakuku Peterside, former Director-General of the Nigerian Maritime and Safety Administration (NIMASA) as guest author, the event focused on the 204-page publication of the author, ‘Leading in a Storm: Practical Leadership Strategies in Crisis Situations’, published in 2025.

The capacity audience was drawn from higher institutions, the media, Association of Nigerian Authors (ANA), and Nigerian Institute of Public Relations (NIPR), with several others participating virtually.

The Executive Secretary of the NCDMB, Felix Ogbe, represented by the General Manager, Corporate Communications Division (CCD), Dr. Obinna Ezeobi, said the book programme, which he described as “a signature event”, speaks to creativity, which is one of the core values of the Board.

He explained that the event is part of the Board’s strategy in fostering intellectual activity and sophistication among stakeholders, as well as building the abilities of Nigerians to operate productively in the oil and gas industry and linkage sectors, which is one of its core mandates.

The Executive Secretary enumerated several initiatives of the Board geared towards advancement of research and technology; notably six centres of excellence in the nation’s six geopolitical zones, each of which has a unique theme.

These are the Niger Delta University, Amassoma, with Marine and Petrochemical Technologies as theme; the Federal University of Technology, Minna (Engineering Design), and Federal University of Technology, Owerri (Local Raw Materials Substitution).

ALSO READ: PDP Chieftain Explains Why Peter Obi Could Restore National Hope in Nigeria

Others are Modibbo Adama University of Technology (MAUTECH), Yola (Safety and Environment Studies); Usman Dan Fodio University (UDUS), Sokoto (Renewable Energy), and Federal University of Technology, Akure (Geology and Geophysical Studies).

Additional research centres established by the Board include Geosciences Research Centre at the University of Lagos and Marine and Offshore Training Centre at Rivers State University, Port Harcourt.

The latest is the Centres of Excellence in Gas Development at Delta State University, Abraka, being developed in partnership with Seplat Energy Plc.

According to Ogbe, the NCDMB is collaborating with Renaissance Africa Energy Company Limited (RAEC), First Exploration and Petroleum Development Company Limited, and the Nigerian Society of Engineers (NSE), to organise the first Nigerian Engineering Olympiad (NEO), which was launched on November 20, 2025 in Abuja.

The Olympiad is to encourage final-year and postgraduate students to be innovative in applying engineering principles to real-world operational challenges in and out of the oil and gas industry.

In the book conversation segment, moderated by Mr. Victor Binawari, Peterside explained the inspiration behind ‘Leading in a Storm…,’ saying, “My own lived experience informed the contents and thrusts of the work.”

He added, “Every single day, Nigerians face one crisis or another, and the experiences posit weakness of leadership.”

He recalled his time at the National Assembly, when he served as Chairman of the House of Representatives Committee on the Downstream Petroleum sector, with the unremitting crises in fuel supply.

As NIMASA Director General, he said he had to contend with recurring incidents of piracy within Nigeria’s territorial waters.

“Then the COVID-19 pandemic, which saw many world leaders fumbling, unable to determine how best to safeguard the health of citizens,” he said, adding that another inspiration was drawn from an uncomplimentary remark by a professor at America’s Kellog School of Management.

He said, “The professor remarked that ‘Africa is in a near-permanent state of crises.’ I began to investigate how leaders can perform better in crisis situations; calmness, clarity, adaptability, and resilience are critically important. What kind of choices leaders make when faced with crises would reveal the stuff they are made of.”

He outlined eight competencies of leadership, namely: “Contextual intelligence- the ability to read situations accurately and understand the deeper forces at play; Calm Confidence – which provides emotional stability; Sense-making – which enables a leader to find patterns in chaos and make meaning from confusion; Strategic Decision-making; Clear Communication; Strategic Flexibility; Coordinating Teamwork, and Facilitating Learning.

“Every great leader should rank high enough in these.”

On his style, which relies heavily on storytelling, he stated that stories are relatable, memorable and engaging, and that “stories teach you principles which you can apply.”

In closing remarks, Mr. Teleola Oyeleke, Supervisor, CCD of NCDMB, thanked Peterside for readily accepting the invitation and for the wealth of experience he shared at the event.

He also thanked all participants, while advising them to read and digest the contents of the book.

He also echoed the guest author in challenging attendees to have personal development programmes.

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Political Earthquake Brewing? Peter Obi, Bala Mohammed in Closed-Door Talks

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Former Labour Party presidential candidate in the 2023 general election, Peter Obi, on Thursday visited Bauchi State for a closed-door meeting with Governor Bala Mohammed amid growing political realignments in the country.

Obi, who is also a chieftain of the African Democratic Congress (ADC) opposition coalition, arrived at the Bauchi State Government House where he proceeded to a private meeting with the governor at the Presidential Lounge.

SEE MORE: PDP Chieftain Explains Why Peter Obi Could Restore National Hope in Nigeria

The purpose of the visit was not immediately known as both politicians held discussions behind closed doors.

Details of the meeting remained undisclosed at the time of filing this report.

However, sources within the Government House suggested that the meeting may be connected to recent political developments and possible alignments ahead of future elections, though this could not be independently verified.

Both leaders are expected to brief journalists after the meeting concludes.
Governor Bala Mohammed, who serves as Chairman of the Peoples Democratic Party (PDP) Governors’ Forum, has recently been at the center of political speculation regarding his party allegiance.

On March 31, he reportedly hinted at a possible political shift during a meeting with a delegation of the African Democratic Congress led by former Secretary to the Government of the Federation, Babachir Lawal, at the Government House in Bauchi.

However, his political engagements appeared to take a different turn shortly after, as he also hosted the National Chairman of the All Progressives Congress (APC), Nentawe Yilwatda, alongside Kano State Governor, Abba Yusuf, on April 1 at the same venue.

The latest meeting with Obi has further intensified speculation about ongoing political consultations and possible future alignments among key political actors.

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