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Okpebholo Approves Major Investments in Transport, Security, Agriculture, Others

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The Edo State Executive Council (EXCO), under the leadership of Governor Monday Okpebholo, has approved a series of impactful initiatives across key sectors including transportation, security, agriculture, and infrastructure aimed at improving the welfare of residents and fostering sustainable development in the state.

Briefing journalists after the meeting, the Honourable Commissioner for Information and Communication, Paul Ohombamu, said the council reached “a lot of decisions and approvals in virtually all sectors including education, infrastructure, transportation, and the well-being of the people relating to justice delivery.”

Hon Ohombamu noted that as part of efforts to enhance the state’s public transportation system, the Council approved the purchase and supply of 50 brand new Toyota Hiace buses (2024 model) to complement the 100 units earlier procured for the New Edo Line transportation company.

He said, “Today, additional 50 buses have been approved. All the necessary procurement processes met in line with the Edo State Public Procurement Law,”

In addition, the council approved the acquisition of 50 Compressed Natural Gas (CNG) buses, 2025 model, for the Edo City Transport Service (ECTS), reinforcing the state’s push toward cleaner energy and efficient urban mobility.

To strengthen security operations, EXCO approved the purchase of 111 motorbikes for use by security agencies. This comes in addition to the over 300 units previously procured by the administration.

In furtherance of its agricultural agenda, EXCO approved the procurement of five bulldozers and one lowbed truck for the Ministry of Agriculture and Food Security. This marks a departure from the previous practice of renting equipment.

Ohombamu explained, “Before now, the past administration was hiring, but the governor sees it as a waste of resources,”

On road projects, EXCO also approved the construction and rehabilitation of key roads in the oil and gas producing areas of Edo State, specifically in Orhionmwon, Ovia North-East, and Ikpoba-Okha local government areas, under the purview of the Edo State Oil and Gas Producing Areas Development Commission (EDSOPADEC).

The approved road projects include, construction of Eromo Road, Ikpoba-Okha LGA; construction of Presidential Road, Ikpoba-Okha LGA; rehabilitation of Ugo Market Road, Orhionmwon LGA and construction of Odion Umoru Road, Ikpoba-Okha LGA

The commissioner assured, “Don’t forget that all these processes are sequential. Procurement processes were met in line with the Edo State Public Procurement Law of 2020, and the State Tender Board has also done their own,”

The Secretary to the State Government (SSG), Umar Musa Ikhilo, Esq., also briefed the press, reporting on Governor Okpebholo’s recent trip to Scotland, where he participated in a diaspora investment summit organized by the Edo State Diaspora Agency.

The summit brought together Edo indigenes and global investors, focusing on attracting diaspora capital into the state’s economy.

Ikhilo explained, “The summit was meant for not just Edo people in diaspora but also the business community who came from various parts of the world… They were very interested in keying into the SHINE agenda of His Excellency,”

He noted that the summit led to a significant milestone, “One of the chambers of commerce that attended, the European African Chamber of Commerce and Industry signed an MoU with the Edo State Government to invest a sum of $250 million over the next three to five years.”

ALSO READ: Fierce Gun Battle as Operatives Dismantle Kidnappers Camps in Edo

Ikhilo emphasized the strategic shift from relying on foreign direct investment to leveraging the potential of the Edo diaspora, pointing to remittance data:

“Last year, diaspora remittances were the second-highest source of foreign income in Nigeria after crude oil, over $20 billion, but only 2% of that went into investment. We are creating a vehicle to help convert more of that into direct investments.”

He added that a delegation from Scotland is expected to visit Edo State in the coming months to explore specific investment projects as a follow-up to the summit.

The Friday Executive Council meeting reaffirmed the Okpebholo administration’s commitment to good governance, infrastructure development, security, justice, and diaspora-led investment.

With multiple strategic approvals, the state government has signaled its readiness to build on recent momentum and deliver results for the people of the state.

NEWS

Katsina Cracks Down on Bandits, Bans Fuel Sales in Jerrycans and Motorcycles

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The Katsina State Government has announced a series of stringent security measures aimed at tackling the growing menace of banditry and kidnapping across the state.

Governor Dikko Radda unveiled the new directives through an Executive Order issued after an emergency security meeting attended by security agencies, traditional rulers, and key stakeholders.

SEE ALSO: NSC Chair Dikko Vows to End Salary Delays for Nigerian Coaches, Players

According to a statement issued on Tuesday by the Governor’s Chief Press Secretary, Ibrahim Mohammed, the measures are intended to cut off logistics and communication channels allegedly used by criminal groups operating within the state.

Among the new directives is an immediate ban on the sale, purchase, transportation, and storage of petroleum products in jerrycans across Katsina State.

The statement said, The measure is designed to prevent the diversion of fuel supplies to criminal elements operating in remote locations.”

The government also ordered the immediate closure of all Point of Sale (POS) businesses and commercial phone-charging points in Matazu and Musawa Local Government Areas, citing security reports indicating that such facilities were being exploited by criminal networks.

In addition, the use of motorcycles has been prohibited throughout Matazu and Musawa LGAs. Authorities believe the restriction will significantly disrupt the movement and operations of bandits and kidnappers who frequently rely on motorcycles for transportation.

Explaining the rationale behind the decision, the statement noted, “Security assessments have shown that these facilities are being exploited by criminal networks to facilitate their activities.”

Governor Radda reaffirmed his administration’s commitment to safeguarding lives and property, stressing that the safety of residents remains a top priority.

He assured citizens that the government would continue collaborating with security agencies to restore peace and stability across all parts of the state.

The governor also urged residents to support ongoing security efforts by complying with the new directives and providing useful information to security agencies whenever necessary.

Warning against violations of the order, the government stated that defaulters would face the full weight of the law.

“The Katsina State Government remains committed to taking all lawful and necessary measures to ensure that communities across the state remain safe, secure and conducive to economic and social activities,” the statement added.

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International News

Putin Faces New Blow as UK Unleashes 70 Sanctions, Targets Russia’s Shadow Fleet

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The United Kingdom has announced 70 new sanctions against Russia, escalating efforts to pressure Moscow into ending its prolonged war against Ukraine.

The measures were unveiled on Tuesday by British Prime Minister Keir Starmer during a special session of the G7 Summit in Evian-les-Bains, France, where leaders of the world’s leading economies gathered to discuss support for Ukraine and ways to increase pressure on the Kremlin.

The latest sanctions target Russia’s so-called “shadow fleet” of oil tankers, military procurement networks, and financial channels allegedly used to bypass existing international restrictions.

ALSO READ: JUST IN: Putin Pushes New Nuclear Doctrine

Announcing the move, Starmer reaffirmed Britain’s commitment to working with its allies to weaken Russia’s war capabilities.

“Working with our G7 allies, we will continue to increase the pressure on Putin and his circle of collaborators until Russia’s war machine is brought to a halt and peace returns to our continent,” Starmer said.

According to a joint statement issued by the UK Foreign, Commonwealth and Development Office and the Prime Minister’s Office, the sanctions are aimed at Russia’s “decrepit shadow fleet, military procurement supply chains and illicit finance networks used to circumvent sanctions.”

The statement added that the measures “will choke Russia’s war effort across multiple fronts” by targeting key sectors supporting Moscow’s military operations.

Among those affected are more than 20 oil tankers linked to Russia’s shadow fleet, a network of vessels reportedly used to transport energy products and other assets under different national flags in an attempt to evade sanctions.

The UK government also revealed that Britain has become the first G7 member nation to sanction several Liquefied Natural Gas (LNG) vessels recently acquired by Russia to support its already-sanctioned Arctic LNG project.

The announcement comes shortly after fresh Russian missile and drone attacks struck several locations across Ukraine on Monday, killing at least 11 people and triggering a fire at one of Kyiv’s most significant Orthodox monasteries.

Starmer is expected to urge fellow G7 leaders to take stronger collective action in support of Ukraine.

According to his office, the British leader will tell the summit that “the G7 should collectively go further to ensure Ukraine secures the just and lasting peace it deserves.”

In addition to the sanctions package, the UK government announced a new agreement to provide enriched uranium for Ukraine’s nuclear power stations.

The deal, backed by £210 million ($282 million) in export finance, will allow UK-based nuclear fuel supplier Urenco to deliver enriched uranium to Ukraine’s state-owned nuclear energy company, Energoatom.

British officials said the arrangement is expected to help power Ukraine’s nuclear facilities for the next two years as the country continues to grapple with the impact of the ongoing conflict.

 

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NEWS

Dangote Expects over $4bn Annual Forex Earnings from Fertiliser Exports

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The Dangote Group has reinforced its long-standing partnership with the Africa Finance Corporation (AFC) through the signing of a $600 million loan facility to support the expansion of its fertiliser production capacity, an important milestone in advancing food security across Nigeria and the African continent.

The financing, extended to GreenView Fertilizer Corporation (Greenview), the Dangote Fertiliser Holding Company, will partly fund the expansion of urea production capacity in Nigeria as well as the development of a new fertiliser plant in Ethiopia.

This investment forms a key component of the Dangote Group’s broader $7 billion fertiliser expansion programme. The initiative is expected to increase production capacity in Nigeria from 3 million metric tonnes per annum (MTPA) to 9 MTPA, while also supporting the establishment of a new 3 MTPA urea plant in Ethiopia. Upon completion, the programme will significantly boost Africa’s fertiliser output, strengthen regional food security, enhance agricultural productivity, and reduce dependence on imports.

The facility underscores AFC’s strong confidence in Dangote Group’s vision to drive industrial growth and agricultural transformation through large-scale infrastructure investments. The funds will primarily support the ongoing expansion of the Dangote Fertiliser Plant at Ibeju-Lekki, Lagos, one of the largest granulated urea fertiliser complexes in the world.

The expansion is expected to substantially scale up production, improve supply chain efficiency, and ensure consistent availability of high-quality fertilisers to farmers across the continent. It will also contribute to price stability, reduce import dependency, and enhance crop yields, strengthening Africa’s overall food security framework.

Speaking on the development, President of Dangote Group, Aliko Dangote, said the expansion would generate significant foreign exchange earnings for Nigeria. “This investment positions us to deliver over $4 billion annually in fertiliser exports within the next three years. It represents a major contribution to Nigeria’s foreign exchange earnings and underscores our commitment to national economic growth.

“Our growth vision is not in isolation, we are building alongside strategic African partners like AFC and other institutions committed to the continent’s progress.”

Also commenting on the transaction, President and CEO of Africa Finance Corporation, Samaila Zubairu, highlighted the strategic importance of the deal: “This transaction reflects AFC’s capital recycling model in action. Following the successful repayment of our earlier investment in Dangote Industries Limited, we are reinvesting and doubling that capital into Dangote Group’s next growth phase.

By supporting the expansion of Dangote Fertilizer, AFC is backing a proven African industrial leader whose investments will strengthen food security, reduce import dependence, and create long-term economic value across the continent.”

This development builds on AFC’s strong track record of successful investments and exits across Africa, including projects in renewable energy, port infrastructure, digital connectivity, and industrial platforms.

ALSO READ: Food Security: AFC Deepens Partnership with Dangote Group with $600m Loan for Fertilizer Expansion

The Dangote Fertiliser Plant currently plays a critical role in meeting domestic demand while exporting to international markets, thereby generating valuable foreign exchange for Nigeria. With this new phase of expansion, the company is poised to consolidate its leadership position in the global fertiliser market while advancing Africa’s agricultural and economic resilience.

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