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₦‎17 Trillion Abandoned Projects Debacle - Punch Editorial - Politics

 FOR years, Nigeria has become a vault of abandoned projects, big and small. The abandoned projects scattered across Nigeria have exacerbated the country’s chequered infrastructure development trajectory. Contrary to the lofty promises accompanying many of the now-abandoned projects, the remains are monuments of shame and wasted resources. This is a testament to Nigeria’s perennial underdevelopment. The Chartered Institute of Project Managers of Nigeria says the total value of abandoned projects in Nigeria is N17 trillion. This is obvious. The CIPMN registrar, Henry Mbadiwe, listed poor project planning, poor budgetary allocation, an inefficient legal system, corruption, and weak institutions as reasons for this. A committee set up by former President Goodluck Jonathan in 2011 said that about 63 per cent of the projects initiated after Nigeria’s independence had been abandoned. The committee uncovered that the Federal Government abandoned 11,866 projects. The Nigerian Inst
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Equatorial Guinea Official Arrested Over 400 Sextapes With VIPs’ Wives, Relative - Foreign Affairs

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  Baltasar Engonga, the Director General of the National Financial Investigation Agency in Equatorial Guinea, has been arrested following a shocking revelation of over 400 sextapes reportedly involving the wives of prominent figures in the country, News360 Nigeria obtains report. Engonga, 54, came under investigation for fraud, leading to an unannounced search of his residence and office, where officials discovered numerous CDs containing recordings of his alleged sexual encounters. The tapes reportedly feature encounters with high-profile individuals, including relatives and wives of government officials, such as the sister of the President, the wife of the Director General of Police, and spouses of approximately 20 ministers. Local media outlet Ahora EG revealed that the recordings were reportedly made with consent, but their recent leak has caused a media uproar, marking one of the most scandalous revelations in Equatorial Guinea’s history. The former ANIF DG better k
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Rafa Nadal Announces Retirement From Professional Tennis - Sports

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  Hello everyone, I am here to let you know that I am retiring from professional tennis. Rafa Nadal 22 Grand Slams. 14 French Open titles. 92 ATP titles. 36 Masters. Olympic Gold ONE RAFA NADAL. GRACIAS, KING OF CLAY. 👑 Madrid Zone ( Quote ) ( Report ) 43 Likes ( Like ) 4 Shares ( Share ) Re: Rafa Nadal Announces Retirement From Professional Tennis
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Why NNPC Hiked Petrol Price And Quit As Middleman To Dangote - Politics

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  Although the latest petrol pump price hike by the Nigerian National Petroleum Company (NNPC) Limited is seen as a step towards the full deregulation of the downstream sector, the huge subsidy payments and its sole-distributor role have become a significant burden on the national oil firm, insiders have told TheCable. The Dangote refinery officially began petrol production on September 3 with plans to sell only to the NNPC. After more than a week, petrol lifting from the refinery began on September 15, arriving at the pump stands to the delight of Nigerians who desire an end to Nigeria’s chronic petrol importation — with eyes on cheaper pump prices. An insider said the delay in lifting petrol — also called premium motor spirit (PMS) — owed to logistics challenges, noting that the supply from the refinery also fell below expectations . “ While the PMS discharge from the station may have sliced off a portion of the country’s fuel import requirements, it was still a far cry f
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Peter Obi Joins World Leaders At Leadership Dialogue In Athens, Greece - Politics

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  At the weekend, I joined global leaders that included, former Presidents, Prime ministers, serving and retired senior government officials, military chiefs, renowned academics, sports personalities, and others in Athens, Greece, for a Leadership Dialogue focused on governance, particularly in the areas of Democracy, Security and the Economy in today's world. The focus was on the lessons for future leaders. In my brief presentation, I listed some of the variables responsible for the insecurity in Africa and I emphasized that as leaders, we must acknowledge the profound global and generational transformations confronting us. Despite vast human and material resources, there remain significant unmet needs in global governance. Urgent attention must be paid to enhancing collective security, lifting people out of poverty, and reducing injustice and inequality in society. In the continent, we face high levels of insecurity, alarming corruption, worsening poverty, huge y
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Bobrisky Files ₦1bn Lawsuit Against Verydarkman Over Voice Recording - Celebrities

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  Popular Nigerian internet personality Bobrisky has taken legal action against social media influencer VeryDarkMan, filing a ₦1 billion lawsuit, News360 Nigeria reports. The lawsuit centers on claims that VeryDarkMan released a voice recording allegedly generated by artificial intelligence (AI), falsely attributing it to Bobrisky. In a statement, Bobrisky issued a 24-hour ultimatum to VeryDarkMan, demanding the withdrawal of the claims and a public apology. Failure to comply, according to Bobrisky, would result in further legal action. Bobrisky’s legal team has expressed confidence in their case, citing defamation and malicious intent behind the spread of the AI-generated content. This legal battle comes as part of Bobrisky’s ongoing efforts to protect her public image and combat the spread of false information online. SOURCED ( Quote ) ( Report ) 3 Likes ( Like ) 4 Shares ( Share ) Re: Bobrisky Files ₦1bn Lawsuit Against Verydarkman Over Voice Recording
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Phase One Of Lagos-calabar Highway Will Be Completed In 2025 - Umahi - Politics -

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  David Umahi, minister of works, says the first phase of the Lagos-Calabar coastal highway project will be completed on May 29, 2025. Speaking on Thursday in Abuja during an inter-ministerial press briefing as part of activities to mark Nigeria’s 64th independence anniversary, the minister said after the project is completed, it will be tolled for five to 10 years to recover construction costs. The construction of the highway began in March. The first phase of the project, made up of 47.47 kilometres of dual carriageway, was awarded to Hitech Construction Company Ltd. “We started the coastal highway, 700 kilometers that is traversing Lagos, Ogun, Ondo, Edo, Bayelsa, Rivers, Akwa Ibom and Cross River states,” Umahi said. “People did not understand the merits of this project. People did not see this project as an investment. And so today, the first section is going to be completed by May 29 and we’re going to toll it, and we’re going to get back our money within five to 1
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