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    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

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May 29: Tinubu Departs Abuja For Lagos, Set To Inaugurate Projects  

The Daily Crucible by The Daily Crucible
May 25, 2024
in News, Politics
0
May 29: Tinubu Departs Abuja For Lagos, Set To Inaugurate Projects  

 

Ahead of the first anniversary of his administration on 29 May, President Bola Ahmed Tinubu has left Abuja for Lagos to begin a commissioning spree of projects completed under his administration.

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The President’s Special Adviser Information and Strategy, Bayo Onanuga, disclosed this on Saturday evening via a statement.

Onanuga stated that in Lagos on Sunday, President Tinubu will inaugurate the concrete-paved road to the nation’s major ports in Apapa and Tin Can Island. The reconstructed road which began under the Muhammadu Buhari Administration was financed by the Dangote Group, using its tax credits.

On the same day, President Tinubu will formally inaugurate, by virtual means, the refurbished Third Mainland Bridge, which has drawn public acclaim for its excellent finishing and aesthetic furnishing. He will also commission, virtually, the rehabilitation of 330 roads and bridges across the country.

The highpoint of the President’s engagements on Sunday will be the inauguration of the iconic Lagos-Calabar Superhighway, estimated to cost about N15 trillion. Work has begun on the legacy project that will connect nine coastal states, with Section Two already awarded to Hitech Construction Limited.

President Tinubu will return to Abuja on Tuesday to begin another round of commissioning. He will first inaugurate the Southern Parkway, which the Nyesom Wike-led FCT Administration named after him.

On Wednesday, the President will attend the National Assembly Dialogue Series, after which he will unveil the National Assembly Library Complex, named after him.

President Tinubu will leave the National Assembly to relaunch the commercialisation of Abuja Light Rail, also known as Abuja Metro. He will symbolically join a train ride to the city centre.

The Abuja Metro was completed in 2018 by the Buhari Administration. It was put into commercial use up till 2020. But with the onset of COVID-19, the train service was abandoned. Vandals descended on the facility, putting it out of use.

FCT Minister Wike, after spending $15 million and building access roads to the various stations, has refurbished it for commercial service.

After the train ride, President Tinubu will also inaugurate the Wuye Flyover-Link Bridge and the Defence Intelligence Agency Headquarters.

On Friday 31 May, President Tinubu will commission the NASENI-Portland Compressed Natural Gas(CNG) Reverse Engineering Centre at Utako.

 

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