Awasco

[𝒀𝑨𝑺𝑺𝑬𝑹 𝑨𝑺𝑬𝑲𝑶𝑴𝑬 𝑮𝑨𝑹𝑩𝑨, PGD, MLSCM @SAsekome]

Dear @FinPlanKaluAja1,

I am here again!

Why is the plus Finance (+F) there?

Here you go 👇🏾

The Lagos-Calabar Coastal Highway is a 700km project aimed at boosting trade and connectivity, and is being built by Hitech Construction under an EPC+F contract.

Here’s a simplified breakdown:

What is EPC+F?

EPC+F stands for Engineering, Procurement, and Construction plus Financing.

- Engineering (E): Hitech designs the highway, using durable technology like Continuous Reinforced Concrete Pavement (CRCP).

- Procurement (P): Hitech sources all materials and equipment, managing supply chain risks.

- Construction (C): Hitech builds the road, with Phase 1 already over 70% complete by mid-2025.

- Finance (+F): Hitech secures funding (e.g., loans) to cover costs, reducing the government’s upfront payment burden.

This Ready-to-Use model means Hitech handles everything, from design, supply, construction, and funding, delivering a finished project with minimal government risk.

Why Include Financing?
The plus Financing (+F) is crucial because of the following:

- Limited Government Funds: Nigeria can’t fully fund the project due to other priorities (e.g., healthcare, debt). Hitech’s financing (like a $747M loan in 2025) covers most costs, with the government paying a smaller share.

- Public-Private Partnership (PPP): Hitech funds the project and may earn from tolls later, ensuring sustainability. This avoids delays which are common with fully funded government projects.

- Global Investment: The +F attracts international lenders (e.g., Deutsche Bank, Afreximbank), showing trust in Nigeria’s economy and speeding up work.

- Efficiency: Hitech is motivated to finish on time and on budget since they invest their own funds, using innovative technology like the CRCP.

In summary, "Financing" in EPC+F makes the highway possible without straining Nigeria’s budget, ensures faster completion, and draws global funds, making it a smart, sustainable approach.

Do you now understand why the "Financing" is there?🤗

PS: Pls advise your audience to research more so they don't keep swallowing every BS you feed them😁

You're welcome🥂

[Awasco @Awasco23]

@SAsekome @FinPlanKaluAja1 @FMWNIG @realdaveumahi @DaveUmahi @PBATMediaCentre @woye1 @aonanuga1956 @fmw_lagos @Sistaliano @Riddwane @DOlusegun Self explanatory, thankyu

[Awasco @Awasco23]

@Simplicity_Temi Happy birthday

[Olori JAGABAN 🤍♎️🇳🇬 @Simplicity_Temi]

+1 🎊🎉🎂
I’m grateful to God 🙏🏼
I’m grateful for the gift of good health 🤍
I’m grateful for the gift of Good people 🤗
I’m grateful for my enemies as well, because God said “ HE prepared a table before me, in the presence of my enemies” (Psalm 23:5)🤲🏼
#Gracious_31 ♎️💜💜

[Awasco @Awasco23]

@SAsekome @PBATMediaCentre @Alpha_Yom @iamkennifizzle @woye1 @fkeyamo @DOlusegun @aonanuga1956 @Imranmuhdz @GbengaGOLD @amin_uba Awesome

[𝒀𝑨𝑺𝑺𝑬𝑹 𝑨𝑺𝑬𝑲𝑶𝑴𝑬 𝑮𝑨𝑹𝑩𝑨, PGD, MLSCM @SAsekome]

HOW SUBSIDISED N450/$1 ALMOST RUINED NIGERIA'S AVIATION INDUSTRY AND HER REPUTATION ON THE GLOBAL STAGE—AND HOW TINUBU'S SUBSIDY REMOVAL CAME TO THE RESCUE.

By @SAsekome

In 2022, Nigeria’s foreign exchange crisis led to over $850 million in International Airline ticket sales revenue being trapped due to the @cenbank's restrictions on dollar outflows as a result of a depleted FX reserve caused by dollar subsidy.

As a result of these Trappe/Blocked funds, the @NigeriaCAA banned five major airlines, British Airways, Air France, Lufthansa, Emirates, and Turkish Airlines from selling new tickets to prevent further fund accumulation. The goal was to push airlines and the government to resolve repatriation issues, enforced under the Civil Aviation Act and CBN forex rules.

The ban caused reduced flights, higher fares, and operational threats with @emirates halting its flights in and out of Nigeria at the time.

In July 2022, $265 million was released to 23 airlines, but unfortunately, trapped funds still exceeded $500 million by year-end and as a result, Nigeria was flagged by the @IATA as one of the countries with huge Airlines Trapped/Blocked Funds.

Fast forward to 2023, President Tinubu came and introduced major policies, one of which was the removal of all forms of subsidy and the unification of the Naira.

This major decision led to the growth of Nigeria's FX reserves, and by June 2024, Nigeria was able to clear all the Trapped funds and was delisted from the IATA's list.

This staggering achievement in the Aviation Sector led to a restored dignity of Nigeria's Aviation Industry on the Global stage and an improved willingness of Foreign Airlines to invest in the Nigerian Aviation market.

[Awasco @Awasco23]

@TinubuPikin 🙏

[Watch Nigeria @WatchNigeriaNG]

I and my family will always stand with President Bola Ahmed Tinubu. 🇳🇬

He has the courage, vision, and will to fix Nigeria’s century-long problems and he’s already doing it. 💪

Come 2027, our votes will go again to Tinubu to continue the good works. 🗳️

#RenewedHope

[Awasco @Awasco23]

@TinubuPikin 🙏🙏

[Watch Nigeria @WatchNigeriaNG]

While many states are drowning in debt, one man; Governor Hyacinth Iormem Alia is quietly rewriting the rulebook in Benue State. Guess what?
👉 He hasn’t borrowed a single naira since taking office. 😳💰

SO HOW IS HE DOING IT?

A thread 🧵👇👇

[Awasco @Awasco23]

@SAsekome @Alpha_Yom @Amehokwuchukwu @GWR @cnnbrk @BBCWorld @woye1 @PBATMediaCentre @PBATWarRoom @aonanuga1956 @DOlusegun 🙏🙏

[𝒀𝑨𝑺𝑺𝑬𝑹 𝑨𝑺𝑬𝑲𝑶𝑴𝑬 𝑮𝑨𝑹𝑩𝑨, PGD, MLSCM @SAsekome]

Fellow Nigerians!🔊
It is a "GREEK GIFT"!!🔊🔊
BE NOT DECIEVED!!!🔊🔊🔊

While we cannot DENY that insecurity still exists in some parts of Nigeria as it does in all parts of the world, we cannot ACCEPT either that there is such a thing as a "RELIGIOUS CLEANSING" happening in Nigeria.

The WEST cannot come to us with their AGENDA in the form of a "GREEK GIFT" and expect us to fall for their tricks.

Everyone, Every Religion, and every Faith in Nigeria is affected by this insecurity wherever and whenever they occur. And while the Federal and State Governments are doing all it takes to put an end to it and ensure absolute peace returns to our communities, we must RESIST every attempt by the WEST and their SPONSORED MACHINERIES to divide us and tear down our Nation like they did with others!!

Despite our differences, Nigeria is a Nation built on UNITY and FAITH, PEACE and PROGRESS, and no AGENDA FROM THE WEST CAN STAND AGAINST HER!!!

[Awasco @Awasco23]

@SAsekome @bishop_oyedepo @PastorEAAdeboye @pastorwf_kumuyi @DavidIbiyeomie @drpaulenenche @cannigeria Awesome

[𝒀𝑨𝑺𝑺𝑬𝑹 𝑨𝑺𝑬𝑲𝑶𝑴𝑬 𝑮𝑨𝑹𝑩𝑨, PGD, MLSCM @SAsekome]

As much as it is important for men of God such as @bishop_oyedepo, @PastorEAAdeboye, @pastorwf_kumuyi, @DavidIbiyeomie, @drpaulenenche, and others to speak up, I expect as a matter of necessity for the @cannigeria as a unified body to do a global address to counter this narrative before it eats deep into our society.

WE MUST RESIST EVERY WESTERN AGENDA AGAINST NIGERIA!!!

[𝒀𝑨𝑺𝑺𝑬𝑹 𝑨𝑺𝑬𝑲𝑶𝑴𝑬 𝑮𝑨𝑹𝑩𝑨, PGD, MLSCM @SAsekome]

Dear Alhaji @atiku,

I bring you greetings from your dearly Beloved President Javier Milei & Argentina.

Thank God you are not in a position to make or advise Nigeria on Economic decisions right now.

Happy New Week, Alhaji 😁

#ThrowbackMonday #TBM

[Awasco @Awasco23]

@SAsekome @atiku 😅😅😂

[Awasco @Awasco23]

@GAMediaCentre @HyacinthAlia 👏👏

[Governor Alia Media Centre @GAMediaCentre]

ICYMI: In his closing remarks at the 2025 Fertilizer Distribution Initiative Flag-Off in Makurdi, Gov. @HyacinthAlia vows to make Millionaire farmers in Benue, while reaffirming his administration’s support for Youths in Agriculture.

The Goal — Take more Benue Youths off the streets.

#RebuildBenue

[Awasco @Awasco23]

@adjowaesthergee 👏👏

[𝒀𝑨𝑺𝑺𝑬𝑹 𝑨𝑺𝑬𝑲𝑶𝑴𝑬 𝑮𝑨𝑹𝑩𝑨, PGD, MLSCM @SAsekome]

The Benue Investment and Property Company (BIPC) BEFORE and AFTER the emergence of "The Architect of A New Benue"🥂

Note: These are just about 10% of the various investments under the BIPC as of today👌🏾

BEFORE🤦🏾‍♂️ AFTER🥳