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Happy Yuletide for travelers as 2nd Niger Bridge opens to traffic on December 15

Published

1 year ago

December 8, 2022

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Contrary to all controversies about the possibility of it becoming a reality in 2022, the new Second Niger Bridge has been declared to be opened to traffic from December 15th, 2022.

Minister of Works, Babatunde Fashola, ordered the opening of the bridge, which is 95 percent completion stage, to ease traffic during the Yuletide.

Federal Controller of Works in Delta State, Mr. Jimoh Olawale, who made the disclosure in Asaba, however, said the bridge would be opened for only 30 days.

“As we know, during the Christmas celebration, commuters suffer hardship accessing the old Niger Bridge due to traffic jams but with this arrangement, traffic congestion on Asaba-Benin Expressway will ease.

“We have notified the state government of this arrangement and we are working with the Federal Roads Safety Corps to ensure a hitch-free vehicular movement.

“Motorists going towards Owerri direction would divert through the access road near the old Niger Bridge to the new bridge,” the controller added.

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Olawale debunked claims by a group alleging that the Federal Government had abandoned the payment of compensation to property owners along the access road to the second Niger Bridge.

He explained that the government had not taken possession of any property along the 17-kilometer Okpanam-Ibusa-Asaba-Oko bypass to the new bridge, but only served notice that their structures were within the government’s right of way.

The controller assured that the modalities for payment of compensations were being worked out.

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UPDATED: Tinubu appoints Jim Ovia as chairman of education loan fund

Published

59 mins ago

April 26, 2024

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President Bola Tinubu has appointed Jim Ovia as the chairman of the Nigerian Education Loan Fund (NELFUND).

Ajuri Ngelale, presidential spokesperson, announced the appointment of Ovia, chairman of Zenith Bank, in a statement on Friday.

Ngelale said Tinubu believes that Ovia will bring his immense wealth of experience to ensure that no Nigerian student suffers a paucity of funds in the quest for tertiary education.

On April 3, Tinubu signed the student loans amendment bill into law to provide Nigerians with quality and accessible education.

The law will allow Nigerian students in tertiary institutions to access low-interest loans for tuition and other academic needs.

Subsequently, the president appointed Akintunde Sawyerr as the managing director and chief executive officer (CEO) of the fund.

Tinubu also appointed Frederick Oluwafemi Akinfala as the executive director of finance and administration, while Mustapha Iyal will serve as the executive director of operations of NELFUND.

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JUST IN: Tinubu appoints Jim Ovia as chairman of education loan fund

Published

3 hours ago

April 26, 2024

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President Bola Tinubu has appointed Jim Ovia as the chairman of the Nigerian Education Loan Fund (NELFUND).

Ajuri Ngelale, presidential spokesperson, announced the appointment of Ovia, chairman of Zenith Bank, in a statement on Friday.

More to follow…

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ICPC detains TETFund boss ‘over questionable N7.6bn project’

Published

7 hours ago

April 26, 2024

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has detained Sonny Echono, executive secretary of the Tertiary Education Trust Fund (TETFund).

Demola Bakare, ICPC spokesperson, confirmed the development on Friday.

Bakare said that Echono was invited by the anti-graft agency on Thursday.

“The executive secretary of TETFund is here with us. He has been invited for questioning. He is still in custody. He was invited yesterday.” Bakare said.

“He was invited on Thursday. He has not been released. He’s still with us. Investigation is still ongoing.”

It was earlier reported that TETfund awarded two contracts to Fides Et Ratio Academy and Pole Global Marketing (PGM) within two months at the cost of N3.8 billion respectively without the approval of the federal executive council (FEC), which is required for the contract size.

The contract was to provide capacity building course and learning management systems to about 2 million students across higher institutions in the country.

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In a rejoinder, TETFund said it did not award N7.6 billion contracts to two companies without due process.

The agency said it was wrong to say they were contracts, whereas they were ICT projects implemented under a memorandum of understanding (MoU) which doesn’t require competitive bidding in public procurement.

TETFund further said its disbursement guidelines were approved by the president on the recommendation of the “Fund’s Board of Trustees and concurrence of the Honourable Minister of Education in line with the TETFund Act 2011″.

In an interview with TheCable, Echono said there was no form of irregularity in the N7.6 billion project.