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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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RMAFC Reopens Oil Wells Dispute, Begins Verification in Nine States

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The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has commenced a fresh physical verification of disputed and newly drilled crude oil and gas well coordinates across nine states, in a move aimed at ensuring fairness and accuracy in the allocation of the 13 per cent derivation fund.

The exercise, covering the period from 2017 to date, was formally flagged off in Owerri, Imo State, on Wednesday, November 11, 2026, by the Commission’s Chairman, Dr Mohammed Bello Shehu.

The affected states are Delta, Ondo, Edo, Anambra, Imo, Bayelsa, Rivers, Cross River and Akwa Ibom.

SEE ALSO: How RMAFC Recovered Over N500bn For FG

Speaking at the flag-off ceremony, Shehu described the exercise as critical to ensuring transparency, accuracy and fairness in the administration of derivation revenue.

He explained that the Commission has a constitutional responsibility to monitor revenue accruals and disbursements from the Federation Account and ensure equitable distribution of derivation funds among oil and gas-producing states.

The RMAFC chairman stressed that determining the exact coordinates and geographical positions of oil and gas wellheads directly affects the legal and financial entitlements of the respective states.

He consequently charged members of the Inter-Agency Technical Committee (IATC) and deployed technical officers to carry out the assignment with diligence, precision and professionalism.

Shehu insisted that every verified coordinate, technical assessment and physical observation must be sufficiently accurate to withstand statutory scrutiny.

According to him, the exercise will involve examining disputed and newly drilled oil and gas well coordinates, physically verifying affected wellheads, plotting their locations using approved maps and considering relevant court decisions in resolving outstanding disputes.

He also directed that the committee’s harmonised technical report and findings be submitted exclusively to RMAFC for ratification and formal adoption.

The Inter-Agency Technical Committee comprises representatives of relevant technical institutions, including the Office of the Surveyor-General of the Federation (OSGoF), the National Boundary Commission (NBC) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

The Imo State Governor was represented at the event by the Commissioner for Petroleum, Hon. Emeka Mgbudem.

Other government officials and RMAFC commissioners in attendance included Hon. Adamu Abdu Fanda, Chairman of the Crude Oil Committee; Hon. Oladele Semiu Gboyega, Chairman of the Gas Committee; Hon. Ismail Mohammed Agaka, Chairman of the Public Affairs and Communication Committee; Ambassador Ayuba Jacob Ngbako; Hon. Akpan Imo Effiong; and Hon. Helen Bob Inafa.

Also present were the Imo State Commissioner for Lands, Surveyor Clement Nwabichie; Commissioner for Finance and Coordinating Economy, Mr Chucks Chukwuemeka; and Permanent Secretary, Ministry of Lands, Dr Angelina Ohiri.

The Commission disclosed that the verification exercise had been conducted previously but was being repeated to ensure that all issues raised were adequately addressed.

 

 

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Shettima Visits Oba of Benin Ahead of APC Presidential Campaign Rally in Edo

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Who is Senator Kashim Shetima, Tinubu's running mate

Vice President Kashim Shettima has paid a courtesy visit to the Palace of the Oba of Benin, Oba Ewuare II, ahead of the All Progressives Congress (APC) presidential campaign rally in Benin City, Edo State.

Shettima arrived at the historic royal palace on Thursday to pay homage to His Royal Majesty, Omo N’Oba N’Edo, Uku Akpolokpolo, Oba Ewuare II, CFR.

The visit highlights the significance of the Benin traditional institution, which has preserved its rich cultural heritage, kingship, artistry and diplomatic traditions for more than seven centuries.

SEE MORE: Shettima Arrives Jigawa for APC Presidential Campaign Rally, Tinubu to Inaugurate Four Projects

The Benin Palace remains one of Africa’s most historic royal institutions, representing the enduring legacy and cultural identity of the ancient Benin Kingdom.

The Vice President is in Edo State to participate in the APC presidential campaign rally scheduled to hold at the Samuel Ogbemudia Stadium in Benin City.

 

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FG Tackles Transportation Costs with 5 New CNG Stations in Lagos

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As part of efforts to expand access to cheaper alternative fuel and reduce transportation costs, the federal government has commissioned five Compressed Natural Gas (CNG) daughter and last-mile retail stations in Lagos State.

The facilities, developed by the Ibile Oil and Gas Corporation (IOGC) with support from the Midstream and Downstream Gas Infrastructure Fund (MDGIF), were commissioned on Wednesday by the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo.

Speaking at the commissioning, Ekpo said Lagos occupied a special place in the public-service journey of President Bola Ahmed Tinubu, noting that his administration was extending the development philosophy pursued during his tenure as governor to the national level.

READ ALSO: NLNG, NCDMB Endow Research Chairs in Six Nigerian Varsities with $9m

He said Lagos had demonstrated the importance of long-term planning, institution building, infrastructure development and the mobilisation of private capital for economic growth.

According to him, the federal government is applying similar determination through the Renewed Hope Agenda to ensure that Nigeria’s abundant gas resources support industrial growth, businesses, transportation and job creation while reducing the cost pressures faced by citizens.

“Through the Renewed Hope Agenda, the President has made it clear that Nigeria’s abundant gas resources must work for Nigerians. They must power our industries, support businesses, improve transportation, create employment and, ultimately, reduce the cost pressures faced by ordinary citizens,” he said.

The five stations are located in Idimu and Abule Egba in Alimosho Local Government Area; Ogolonto in Ikorodu West Local Government Area; Ajah in Eti-Osa Local Government Area; and Oko-Oba in Agege Local Government Area.

Each facility has a CNG compression capacity of 24,000 standard cubic metres per day and a storage capacity of 9,800 standard cubic metres.

The stations are designed as last-mile retail outlets to bring CNG closer to consumers in their residential and business locations.

Ekpo said the facilities would improve access to alternative fuel for motorists and commercial transport operators, while supporting the government’s objective of expanding cleaner energy infrastructure nationwide.

“These stations represent access. They represent affordability. And they represent the determination of government to take the benefits of Nigeria’s gas resources directly to the people,” he said.

He disclosed that President Tinubu had directed the expansion of CNG infrastructure across the country, including the development of an additional 500 refuelling stations towards a planned national network of 1,000 stations.

He said the initiative was aimed at ensuring that the benefits of the country’s gas resources translated into lower transportation costs for Nigerians.

According to the minister, expanding CNG infrastructure in Lagos would provide motorists and commercial transport operators with viable alternative fuel options, while bringing cleaner energy closer to consumers.

“Our objective is therefore not simply to count the number of stations commissioned. Success must ultimately be measured by impact: whether the infrastructure helps reduce operating costs for transporters and businesses, whether those savings reach commuters, and whether Nigerian families begin to feel tangible relief,” he said.

Ekpo said the Ministry of Petroleum Resources (Gas), in collaboration with the Presidential CNG Initiative, MDGIF, state governments, investors and other industry stakeholders, was working to expand refuelling and associated infrastructure to improve access to cleaner and cheaper fuel.

He commended IOGC and the Lagos State Government for embracing the initiative, describing the project as an example of the federal government, state governments and private sector working together to develop critical infrastructure.

The minister also praised MDGIF for its catalytic role in supporting gas infrastructure development, assuring investors of the government’s commitment to providing an enabling environment for investments to translate into physical projects and economic benefits for Nigerians.

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