FOLLOW YOUR MONEY MONDAYS ₦6.765bn approved (Sept 22) for 3 new general hospital buildings in Ikogosi, Awo and Ipao-Ekiti, ₦2.255bn each. Contractors: Axial Nigeria, Wals and Funs Nigeria, Red Soil Approved isn't built. We're watching.
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FACT CHECK FRIDAYS
Claim: viral video shows Nigerians scavenging at a dumpsite due to economic hardship.
Evidence: footage traced to Sierra Leone, from the Kush drug crisis.
Verdict: ⚠️ MISLEADING
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Nigeria signs agreement with the U.S, granting access to its untapped mineral resources valued at $700 billion.
The question is, how will this benefit the Nigerian populace? As a Nigerian, what do you think about this deal?
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TORCHLIGHT THURSDAYS
ICC rejected Sunrise Power's $400M claim over Mambilla Hydro, and exposed a money trail: $1.74M to a former NSA's son, payments to a former VP's ex-wife, "medical expenses" for a former minister, a promised cut for a former AGF.
EFCC has now launched a probe.
Nigeria's State Police bill just cleared the National Assembly — now sent to all 36 state assemblies. Needs 24/36 to approve. Sets up Federal Police Service + State Police Services, with federal oversight built in.
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The decisions we have taken to reposition Nigeria’s oil and gas sector are beginning to bear fruit.
Since assuming office, I have signed a series of Presidential Directives and Executive Orders to make investment in Nigeria more competitive, reduce the cost and time required to develop projects, provide greater certainty to investors and ensure that our natural resources deliver greater value to our people.
One of those reforms introduced specific incentives to unlock onshore and shallow-water gas projects that had remained undeveloped for years.
Today, we are seeing the result.
AMNI International and TotalEnergies have taken an $800 million Final Investment Decision to develop the Ima Gas Field, discovered in 1973 and left underground for more than fifty years.
For Nigerians, this means work for our engineers, technicians and contractors. It means opportunities for Nigerian businesses, jobs and economic activity in our host communities, and more export earnings for our country.
AMNI, a Nigerian company, holds the majority interest in the project. Around 60% of the development workforce is expected to come from the host communities.
Ima is expected to produce about 350 million cubic feet of gas every day at peak and supply about one-third of the gas required for the expansion of Nigeria LNG.
This is what our reforms are intended to achieve, to move Nigeria’s resources from potential to production and translate them into jobs, incomes and opportunity for our people.
We have more to unlock.
Bola Ahmed Tinubu, GCFR
President
KNOW YOUR LEADER
Sen. Barau I. Jibrin, Deputy Senate President, Kano North (APC).
On record: sponsored the Bichi university bill, leads Senate Appropriations Committee. Healthcare/youth claims per his own platform
FOLLOW YOUR MONEY MONDAYS
$1.96B Kano–Katsina Railway (284km). Awarded 2021 (Buhari era) to Mota-Engil Nigeria, now 80% complete under the Tinubu administration. Targeting Dec 2026 commissioning.
Budgets: Lagos signs 2026 Budget Reordering Bill — 69% budget performance reported.
Bills: State Police constitutional bill sent to all 36 state assemblies for approval.
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THIS WEEK IN GOVERNMENT
Policies: Digital Free Zones Initiative enters implementation.
Projects: 3MW solar-hybrid power project commissioned at Yakubu Gowon University.
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