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Declare Emergency On Roads, Senate Tells FG

The Senate, yesterday, asked the Federal Government to declare a state of emergency on federal roads across the country.
The lawmakers made the request during yesterday’s plenary at the National Assembly in Abuja.
The Senator representing Cross River South Senatorial District in the Senate, Gershom Bassey, raised a motion on the deplorable state of federal roads in Nigeria.
Bassey also informed the Senate that the Petroleum Product Pricing Regulatory Agency (PPPRA) has failed to remit the five per cent user charge of fuel pump price to the Federal Roads Maintenance Agency (FERMA), as stipulated in the Act for the rehabilitation of federal roads.
The Senate ordered its committees on Petroleum and FERMA to investigate the alleged non-remittance of funds by PPPRA for the rehabilitation of roads in the country.
The Senate’s plea comes eight months after Nigeria president Muhammadu Buhari signed an Executive Order allowing the private sector to build Federal Government roads in the country.
The Executive Order 007 2019, signed by Buhari, is on Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme.
The order was to allow private companies to construct major roads across the country and be paid in the form of tax credit.
However, the Chairman, Governing Board of the Federal Road Maintenance Agency (FERMA), Mr. Tunde Lemo, yesterday said that Nigeria loses about N1trillion annually due to loss in man-hour as a result of bad roads and traffic delay.
Lemo disclosed this at an end of the year stakeholders’ meeting at the International Conference Centre in Abuja with the theme “Road Maintenance and Reforms: Legal and Institutional Framework”.
He said the numbers are staggering and called for emergency action in the road sector.
According to him, if the budget cannot achieve this because of other conflicting needs, it is imperative that the development and management of the road sector must be funded from alternative sources.
He said, “It is becoming clearer that legislation of a more enabling environment is required for an effective and productive management of the road for meaningful national socio-economic growth.
“It is a well-known fact that 80 per cent of travels in Nigeria are carried out on the roads including heavy duty. You then understand why the roads go bad now and again. In other climes the rail shoulders the bulk of it. 90 per cent of these are done on federal roads, thus the federal roads constitute the spine of the Nigerian road network to effectively evaluate the productive management of the Nigerian road therefore, one needs to evaluate the effective management of the federal roads. With only about 10, 000 km of federal roads in good state, and about 13, 300 and 11, 600 in fair and bad states, respectively.
“In any square kilometre area in Nigeria only 210 metres of roads are available for travel, irrespective of the conditions of the road. For smooth comfortable and timely travels, however, the density falls to 0.01km per square kilometre meaning only 10 meters of travel in every one-kilometre area.
“Clearly, this is unacceptable and needs to change. Funding for Nigerian roads is less than one per cent of the GDP, against three per cent GDP minimum spending threshold. The World Bank recommends minimum threshold of three per cent. In Nigeria we barely achieve a third of that,” he said.
He said effective roads can be guaranteed through a careful blend of many factors which include requisite capacity, capabilities, governance, accountability and controlled political influences as well as sound fiscal and funding policies.
These factors are critical to the optimal management of national road network for most effective impact on social economic growth, he said.
“It is the responsibility of road agencies to develop operational procedures of monitoring national road networks for needful interventions as at when due. Such road agencies retain the mandate to create and manage requisite administrative, operational and financial structures of the effective discharge of these activities.
“An effective road management practice is that which executes most productively, these activities within the constraints of the society of which it operates. Whereas the more advanced economies have developed reliable methodologies for constructing, monitoring and intervening on their road networks for optimal serviceability, the developing economies of the world, on the other hand, struggle to achieve these for a number of reasons. It is in this context that this stakeholders’ forum is convened in a bid to collectively reflect on Nigeria’s position vis-à-vis FERMA’s productivity, possibilities and promises,” he said.
Meanwhile, the Governor of Ekiti State, Governor Kayode Fayemi has said shortage of funds forced the federal government to stop states from rehabilitating Federal roads.
Fayemi gave the clarification in Ado Ekiti, yesterday, at a colloquium tagged: ‘Building a Sustainable Economy Through Values Orientation and Innovative Thinking’, marking the first year of his second term in office.
The governor said he would have loved to fix some of the federal roads in the state but for the stringent warning from the Minister of Works, Babatunde Fashola, that there won’t be refund on such interventions.
Speaking particularly about the collapsed Ureje bridge along Afe Babalola University during a flooding a couple of weeks ago, Fayemi said: “I would have loved to do some of these roads but the Federal Government said leave our roads alone.
“They made it clear that if any state rehabilitates any road, there won’t be refunds and this is because there is no money.
“This year, Federal Government budgeted around N250billion for roads. If the government is to complete Lagos-Ibadan, Kaduna-Abuja and Kaduna-Kano expressways, it will cost a sum of N500billion out of about 36,000 kilometres of roads waiting for rehabilitation”, he said.
However, Senator representing Ekiti North Senatorial District, Olubunmi Adetumbi and former minister of sports, Mr. Bolaji Abdullahi, have advised the country to redistribute its wealth and foster entrepreneurial education, to reduce the gap between the rich and the poor citizens.
They said, though very large numbers of the youths are educated, but disclosed that the education curriculum must be critically rejigged to ensure that the right education are given to graduates.
Adetumbi, who was one of the discussants, said there must be need for the states of federation to be innovative and think of how to increase the internally generated revenues through public-private partnership to build and sustain the economy under a corrupt free atmosphere.
“In order to build a sustainable economy, there must be a partnership between the government and the people. The major problem of our economy is poor environment and growing businesses, which Ekiti didn’t have in good numbers and once business environment is bad, then the economy will continue to be repressed.
“Ekiti has a poverty rate of 57 percent .This should be a concern to us all. Our unemployment rate is 14 percent, second highest in the South-West. Ekiti has no reason to be poor or has high unemployment rate, because of good atmospheric and soil conditions it has.
“Governor Kayode Fayemi has started with youth entrepreneurship and we have to build on that to turn around the economy of this state and it has to be accompanied with value reorientation among our youths.
“Value reorientation is very important. But the greatest influencers now are politicians and that is why we as leaders must be careful and be good leaders. We must be careful with the ways we live our lives, because we are the greatest influencers in the society”.
Adetumbi advised Ekiti to key into the concept of digitised land registry, describing the initiative as best way to generate revenues for any state.
The former minister of sports, Mallam Bolaji Abdullahi, regretted that the wealth of Nigerians are concentrated in the hands of few people, which he said signposted the level of inequality in the system.
“Even President Muhammadu Buhari while declaring open the Nigeria’s Economic Council in Abuja recently emerged the first President in the country to bring the issue of inequality to the front burner of national discourse.
“The president said the wealth of the nation is concentrated in the hands of a few from five states of the federation. In inequality, Nigeria was ranked 157, making it the most unequalled country and the poverty capital of the world. The GDP does not show the reality of our state of economy.
“The issue now is, when the rich people are flying around in private jets, which isn’t wrong; let us help the poor to be able to travel to their villages on good roads.
“We are talking of education and our youths are going to schools, we must also ruminate on the kind of education that will make our youths relevant, which I believe is by embracing entrepreneurship”, he said.
Nneka Amaechi-Nnadi, Abuja
News
Tinubu Orders Security Chiefs To Restore Peace In Plateau, Benue, Borno

President Bola Tinubu has ordered a security outreach to the hotbeds of recent killings in Plateau, Benue and Borno States, to restore peace to areas wracked by mass killings and bomb attacks.
National Security Adviser, Nuhu Ribadu, disclosed this to State House correspondents after a four-hour security briefing with the President at the Aso Rock Villa, Abuja on Wednesday.
“We listened and we took instructions from him. We got new directives…to go meet with the political authorities there,” Ribadu told reporters, adding that Tinubu directed them to engage state-level authorities in the worst-hit regions.
Director-General, National Intelligence Agency, Mohammed Mohammed; Chief Defence Intelligence of the Nigerian Army, Gen. Emmanuel Undianeye; Director-General, Department of State Services, Oluwatosin Ajayi and Chief of Staff to the President, Femi Gbajabiamila, appeared for the briefing.
The Tide’s source reports that in Plateau State, inter-communal violence between predominantly Christian farmers and nomadic herders spiralled into gory slaughter when gunmen stormed Zikke village in Bassa Local Government early on April 14, killing at least 51 people and razing homes in a single night.
In Benue, at least 56 people were killed in Logo and Gbagir after twin assaults blamed on armed herders.
Meanwhile, in Borno State, eight passengers perished and scores were injured when an improvised explosive device ripped through a bus on the Damboa–Maiduguri highway on April 12.
Ribadu explained that after an extensive briefing, intelligence chiefs received fresh instructions to restore peace, security and stability across Nigeria.
“In particular, Tinubu had ordered immediate outreach to the political authorities in Plateau, Benue and Borno States, and the defence team had gone round those States to carry out his directives and report back.
“We gave him an update on what has been the case and what is going on, and even when he was out there, before coming back, he was constantly in touch. He was giving directives. He was following developments, and we, in charge of the security, got the opportunity today to come and brief him properly for hours. And it was exhaustive.
“We listened and we took instructions from him. We got new directives. The fact is, Mr. President is insisting and working so hard to ensure that we have peace, security and stability in our country. We gave him an update on what is going on, and we also assured him that work is ongoing and continues.
“We also carried out his instructions. We went round, the chiefs were all out where we had these incidents of insecurity in Plateau State, Benue State, even Borno, these particular three states, and we gave him feedback, because he directed us to go meet with the political authorities there,” the NSA explained.
Ribadu described Tinubu as “worried and concerned,” and said he directed that all security arms be deployed around the clock.
The government, he added, believes these steps have already produced measurable improvements, even if the situation is not yet 100 per cent safe and secure.
“He’s so worried and concerned, he insisted that enough is enough, and we are working and to ensure that we restore peace and security and all of us are there. The armed forces are there, the Civil Police, intelligence communities, they are there.
“They are working there 24 hours, and we feel that we have done enough to believe that we are on the right course, and we’ll be able to be on top of things,” Ribadu stated.
The NSA emphasised that combating insecurity was not solely a Federal Government responsibility.
He stated, “The issue of insecurity often is not just for the government. It involves the subunits. They are the ones who are directly with the people, especially if some of the challenges are more or less bordering on community problems.
“Not entirely everything is that, but of course it also plays a significant role. You need to work with the communities, the local governments, and the governors, especially the governors.
“The President will continue to direct that. We should be doing that, and that’s what we are able to. We are very happy and very satisfied with the instructions and directives given by Mr. President this evening.”
In Borno State, the NSA noted that while violence had surged in recent months, the insurgents refused to accept defeat.
He warned that most recent casualties there resulted from improvised explosive devices—”cowardly” IED attacks targeting civilians—and from opportunistic raids that follow any lull in fighting.
“We are getting the cooperation of the leadership at the state level, and everybody. It’s not 100 per cent…but we are going there.
“When you are having peace and you are beginning to get used to it, if one bad incident happens, you forget the periods that you enjoyed peacefully,” he added.
He paid tribute to the “many who do not sleep, who walk throughout, who do not go for any break or holiday”—the soldiers, police and intelligence officers whose sacrifices have created the fragile calm Nigerians now experience.
“They will continue to be there,” he said, adding, “Things have changed in this country…we are on the right track and we will not relent. We will not sit down; we will not stop until we are able to achieve results.”
News
FG Laments Low Patronage Of Made-In-Nigeria Products

A Federal Government agency – the National Agency for Science and Engineering Infrastructure, has decried the low patronage of Nigerian-made products by Nigerians.
The agency identified some challenges leading to the low patronage of the local products as affordability and public perception, among others.
Speaking during a stakeholders meeting organised by the agency in Akure, Ondo State capital, yesterday, the Deputy Director of Engineering at NASENI, Mr Joseph Alasoluyi, said Nigerians preferred buying foreign goods compared to local goods.
Alasoluyi, however disclosed that the agency had trained over 50 participants in the production of hand-made products, in a bid to ensure Nigeria-made products are patronised.
He explained that NASENI was set up to promote science, technology, and engineering as a foundation for Nigeria’s development and currently operates 12 institutes nationwide to achieve its objectives.
According to him, the aim of President Bola Tinubu, who is also the overall chairman of NASENI, was to ensure high production and patronage of “our local products thereby creating employment opportunities for many.”
He said, “The idea of this programme is to interface to ensure we produce products using our indigenous technology. This is what NASENI is out for, to ensure that homegrown technologies are encouraged.
“We are out there to ensure we integrate efforts to ensure that local technology is used to develop products within the resources we have.
“ The NASENI’s ‘3 Cs’ – Creation, Collaboration, and Commercialisation – that define NASENI’s strategic mandate: Creating innovations through research, Collaborating with partners to develop and refine products, and Commercialising these solutions to benefit the economy.
“Our achievements include the development of solar irrigation systems, CNG conversion centres, building machines capable of producing up to 1,000 blocks per hour, 10-inch tablets, locally made laptops, and electric tricycles (Keke Napep) set for market launch.”
In his remarks, the Deputy Vice Chancellor of the Federal University of Technology, Akure, Prof. Samuel Oluyamo, blamed the Federal Government for not properly funding research in the varsities, also noting that many research outputs were left halfway due to lack of funding and weak linkages between research institutions and industry.
Oluyamo also queried the Federal Government’s commitment to funding research and development, saying many academic innovations remained on the shelve due to a lack of support for commercialisation and poor infrastructure.
“Until we upscale research into mass production, technological growth will remain elusive. The government is not funding research in the universities enough. Thank God for TETfund that is trying in this regime. The major interest in beefing up research in universities and research institutions is really not there,” he said.
News
Nigeria Seeks Return To JP Morgan Bond Index
The Director-General of the Debt Management Office, Patience Oniha, has said that Nigeria is in advanced discussions with JP Morgan to re-enter the Government Bond Index and renew investors’ confidence.
Oniha disclosed this on Wednesday at a Nigerian Investors’ Forum on the sidelines of the World Bank and International Monetary Fund Spring Meetings in Washington, D.C.
The DMO boss explained that Nigeria has enjoyed favourable credit assessment among rating agencies in recent times on the back of the sweeping reforms initiated by the Central Bank of Nigeria.
Fitch Ratings recently upgraded the Long-Term Issuer Default Ratings of seven Nigerian banks and two bank holding companies to ‘B’ from ‘B-‘, noting that the outlooks are Stable.
The affected issuers are Access Bank Plc, Zenith Bank Plc, United Bank for Africa Plc, Guaranty Trust Bank Limited, Guaranty Trust Holding Company Plc, First HoldCo Plc, First Bank of Nigeria Ltd, Fidelity Bank Plc and Bank of Industry Limited.
The upgrades of the Long-Term IDRs of the banks followed the recent sovereign upgrade and reflect Fitch’s view that Nigeria’s sovereign credit profile has become less of a constraint on the issuers’ standalone creditworthiness, the rating agency said.
Fitch also upgraded Nigeria’s Long-Term IDRs to ‘B’ from ‘B-‘ on 11 April, a decision that reflected increased confidence in the government’s broad commitment to policy reforms implemented since its move to orthodox economic policies in June 2023, including exchange rate liberalisation, monetary policy tightening and steps to end deficit monetisation and remove fuel subsidies.
“These have improved policy coherence and credibility and reduced economic distortions and near-term risks to macroeconomic stability, enhancing resilience in the context of persistent domestic challenges and heightened external risks,” Fitch said.
Nigeria was removed from the JP Morgan index in 2015 ostensibly due to its deviation from orthodox monetary policies and influence of capital control in its management of foreign exchange.
Principally due to reduction in oil revenues at the time, Nigeria introduced currency restrictions to defend the naira after it failed to halt a dangerous slide with burning of dollar reserves. The bank had earlier warned Nigeria to restore liquidity to its currency market in a way that allowed foreign investors tracking the index to conduct transactions with minimal hurdles.
“Foreign investors who track the GBI-EM series continue to face challenges and uncertainty while transacting in the naira due to the lack of a fully functional two-way FX market and limited transparency,” the bank said in a 2015 note.
Nigeria was listed in JP Morgan’s emerging government bond index in October 2012, after the Central Bank removed a requirement that foreign investors hold government bonds for a minimum of one year before exiting.
The JP Morgan Government Bond Index reflects investor confidence and opens doors to billions of investment flows, making Nigeria’s proposed re-entry a positive signal to the market and investors.
Oniha explained that talks with JP Morgan were ongoing and had gained momentum in recent times due to the stability created by the FX market reforms.
“With all the reforms that have taken place, particularly around FX, we have started engaging JP Morgan again to get back into the index. We think we are eligible now,” the DMO DG said.
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