NEWS
FG Seeks $25bn To Build Undersea Gas Pipeline To Europe
Nigeria has launched an ambitious drive to attract $25 billion in investment for the construction of a major undersea gas pipeline to supply Europe, as part of efforts to reposition the country as a global energy hub.
Vice President Kashim Shettima disclosed this on Monday during a strategic meeting with senior executives of Vitol Group — the world’s largest independent energy trader — at the Presidential Villa, Abuja.
Shettima said President Bola Tinubu’s administration is ushering in a new era of investor confidence through bold economic reforms and sector-wide transparency, particularly in energy.
READ MORE: Tear Gas Fired As Police Disrupt Peaceful Protest In Abuja
“Most importantly is the leadership. President Bola Ahmed Tinubu grew up in that ecosystem — energy and finance,” Shettima stated.
“In the past 25 years, we have not had a leader who has the courage to take far-reaching decisions as he has taken — the removal of fuel subsidy, the unification of multiple exchange rates, and the tax reforms.”
The Vice President emphasized that Nigeria’s future lies in gas, not oil, citing the country’s massive proven reserves and the need to capitalize on global energy shifts.
“The world is changing, and ours is actually a gas and not an oil economy. We have the eighth largest gas reserve in the world,” he said. “This is where the action is — invest in Nigeria.”
He described the Nigeria Liquefied Natural Gas Limited (NLNG) as a model of stability and transparency, noting it remains largely insulated from government interference and presents a reliable avenue for investors.
Shettima also made a direct appeal to Vitol to bring its capital, global network, and technical expertise to help develop Nigeria’s gas infrastructure and boost exports to energy-hungry regions such as Europe.
In response, Vitol Group reaffirmed its commitment to Nigeria’s energy future.
“This has been an incredibly close and important country for Vitol for a very long time,” said Jeffrey Dellapina, Chief Financial Officer of Vitol Group.
“We have participated in a lot of things — from the downstream, financing, trading, and government support when needed.”
Vitol executives highlighted the company’s involvement in Project Gazelle, a crude oil-backed finance facility by the Nigerian National Petroleum Company Limited (NNPC Limited), where it invested $300 million during the COVID-19 period.
“We want to say that Vitol is committed, and we are always available to deploy capital when needed,” said Murtala Baloni, Vitol’s Head of Public Affairs.
NEWS
Showunmi Urges South-East to Judge Tinubu by Projects, Not Propaganda
Otunba Segun Showunmi, a member of the Tinubu/Shettima Presidential Campaign Council (PCC) for 2027, has urged the South-East to assess President Bola Tinubu’s administration based on verifiable projects and measurable results rather than political propaganda.
Showunmi made the call in a statement posted on X on Saturday, urging Nigerians to evaluate the government’s performance based on infrastructure delivery, funds committed to projects and their impact on communities.
He said federal infrastructure initiatives targeting the South-East under Tinubu’s administration deserved serious scrutiny and factual assessment, adding that unfulfilled promises should continue to be pursued until the expected results were delivered.
SEE ALSO: 2027 Election: ‘Look Beyond the Noise’ – Showunmi Urges Nigerians to Give Tinubu More Time
“Our message is clear: We will not trade facts for propaganda, nor accountability for political loyalty!” he said.
The political figure challenged critics of the administration to provide evidence to support their claims, while urging those defending the government to present the projects and demonstrate their impact.
He also called on government officials to publish relevant figures, disclose project timelines and provide measurable results, insisting that no public official should be exempt from scrutiny.
According to Showunmi, the South-East deserves infrastructure that supports economic growth, including roads that connect markets, investments that create jobs and policies that expand economic opportunities.
He maintained that political representation must translate into tangible benefits for citizens, stressing that public office should deliver value to the people.
As part of his call to action, Showunmi urged Nigerians to scrutinise government records, challenge misinformation with evidence and demand the completion of outstanding projects.
He further called for public commitments to be matched by measurable delivery, arguing that leadership should be assessed by facts and results rather than political rhetoric.
Ending his statement with the slogan, “Asiwaju is a goal,” Showunmi called for accountability and greater inclusion of the South-East in Nigeria’s development.
Showunmi is associated with The Alternative and is a member of the Tinubu/Shettima Presidential Campaign Council for the 2027 elections.
NEWS
Lagos: LASTMA Announces Traffic Restrictions Along Route to Toll Gate
The Lagos State Traffic Management Authority (LASTMA) on Saturday announced a temporary road closure near Apostolic Church, inward Toll Gate, to allow engineers to install a beam on a height-restriction structure.
The agency said the installation was aimed at preventing high-rise trailers from accessing the newly constructed pedestrian bridge.
ALSO READ: LASTMA Alerts Motorists to Traffic Delays on Ogunnusi Road
“Currently, one lane has been occupied to facilitate the ongoing construction work, while the remaining two lanes are available to motorists,” LASTMA stated.
The agency advised road users to approach the affected corridor with caution and follow the directions of its personnel deployed to the area.
“Road users are advised to approach the affected corridor with caution and follow the directions of our personnel who are on ground to ensure the smooth flow of vehicular movement,” the statement added.
LASTMA also urged motorists to remain patient while the installation work continued.
“Motorists are encouraged to exercise patience while the installation work is in progress,” the agency stated.
NEWS
‘Oseni Rufai Helped Me, Not NiDCOM’ — Ekene Chukwuma on Return to Nigeria
Nigerian national Ekene Chukwuma has said he returned to Nigeria with assistance linked to Oseni Rufai rather than the Nigerians in Diaspora Commission (NiDCOM), while renewing allegations against the commission’s chairperson, Abike Dabiri-Erewa, over his travel documents.
Chukwuma made the remarks in an interview in which he explained how he returned to Nigeria after spending months at a deportation camp in India.
RELATED NEWS: Rufai Oseni Row: NiDCOM Breaks Silence on Nigerians Detained in India, Addresses Ekene’s Case
“My name is Kenneth Chukwu, from Enugu State,” he said, introducing himself before explaining how he returned to the country.
“I came back here with the assist of Osini Roufai, a good friend of him,” he said.
Chukwuma denied that NiDCOM facilitated his return, alleging that the commission had published false information about his case.
“NiDCOM made a lots of false, uh, news acquisition against me, which is still in Abike Dabiri handle in Twitter,” he said.
He also accused Dabiri-Erewa of sharing his expired international passport and a travel certificate he claimed was issued six months after he entered the detention camp.
“He also, she also posted my international passport that expired. He also, she also posted my TC that issued after 6 months,” he said.
His comments renew questions surrounding the handling of his case and the circumstances under which he obtained the documents needed to return to Nigeria.
Chukwuma’s detention in India previously sparked a public disagreement between ARISE News presenter Oseni Rufai and Dabiri-Erewa over NiDCOM’s response to reports of his situation.
Oseni raised concerns about Chukwuma’s detention and the commission’s handling of the case, while Dabiri-Erewa defended NiDCOM’s position and explained the process for submitting information to the commission.
NiDCOM subsequently issued its account of Chukwuma’s detention, stating that he had been arrested in India over a visa overstay and addressing the circumstances surrounding his travel documents.
The differing accounts prompted public debate about the commission’s response to Nigerians facing immigration difficulties abroad.






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