Economy
Badagry Expressway construction comes alive with NNPC funding

Eyewitness reporter
Works are expected to resume on the abandoned Badagry Expressway following the mobilisation of funds by the Nigerian National Petroleum Corporation (NNPC).
The NNPC involvement was part of its N621.23billion funding of 21 Federal roads under the Federal government’s Tax Credit Scheme.
According to Mr. Olukayode Popoola, the Federal Controller of Works in Lagos, his ministry is fine-tuning modalities for NNPC to mobilize funding for the road project.
Popoola, who briefed Journalists in Lagos on Wednesday, said that the highway would henceforth get lots of attention because of NNPC’s involvement in the project.
“Lagos-Badagry Expressway project is part of the projects NNPC is funding under the Tax Credit Scheme among the 21 roads selected nationwide.
“So, it is going to receive a lot of attention more than what it has been receiving before,” Popoola declared.
He explained that the funds were already available but that NNPC was perfecting documentation towards mobilizing fully to the site.
“In a couple of days, we should be done with documentation. This month, give us another one week more, NNPC funds will be on the road, you will see the effect in a week’s time.
“The contractors are on-site and have never left, so, if this fund comes now, it is another way of strengthening them and they will move faster,” he said.
According to him, the construction would be evaluated the same way the SUKUK funds were monitored for monies to be released based on the valuation of the actual construction done on the site per time.
He, however, declined comment on the total sum voted for the highway because he did not have the figures handy.
Lagos State Government is responsible for the Iganmu – Okokomaiko section of the highway, while FERMA is handling the Okokomaiko – Agbara axis of the road.
Also, the federal government had on Oct. 24, 2018, awarded the reconstruction of the 46km Agbara – Seme section of Badagry expressway to CGC Nigeria Limited at a sum of N63.2 billion.
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NNPCL raises alarm over syndicated attacks to distract leadership from ongoing reforms

Funso OLOJO
The Nigerian National Petroleum Company Limited (NNPCL) has raised the alarm over what it described as a coordinated sabotage campaign on its management.
In a statement by the management of the Corporation, the attack was being sponsored by whom it described as ‘known and faceless actors’ to distract its management from its reform agenda that is meant to rid the corporation of the endemic corruption that has eaten deep into the operations of the national oil company.
” The management of NNPCL has uncovered an emerging coordinated sabotage campaign being waged by a syndicate of known and faceless actors, both outside and within various levels of the organisation.
“This group is actively spreading lies and misinformation simply to discredit NNPC Ltd.’s leadership and derail the organisation’s ongoing transformation into a corruption-free, performance-driven energy company, in line with the mandate of His Excellency, the President of the Federal Republic of Nigeria.
“Their tactics include planting scandalous and fabricated reports, curated to distract leadership, mislead the public, and undermine the commitment of our dedicated workforce and reform-minded Nigerians.
“These are calculated efforts by those who feel threatened by reform, transparency, accountability, and change—clear evidence of the lengths to which they will go to obstruct the transformation of Nigeria’s foremost energy institution.
“We expect a surge of defamatory content in the days and weeks ahead.
” NNPC Ltd. remains undeterred. The transformation is underway, and no amount of sabotage will stop it.
“We urge our dedicated staff, stakeholders, and all patriotic Nigerians to stay focused, ignore the noise and not be discouraged. We remain on mission.
It could be recalled that after the removal of Mele Kyari as the Group Managing Director of the NNPCL, the new management uncovered an homonguous scale of misappropriation of public funds running into billions of dollars which led to the sack of some of the senior staff, including the Managing Directors of the State- owned Refineries.
The investigation launched into the financial recklessness of the past administration of the NNPCL involved the sum of $2.96billion.
In May,2025, the Economic and Financial Crimes Commission(EFCC) detained Mr Kyari over the investigation.
The anti- graft agency also uncovered a staggering N80 billion in multiple bank accounts belonging to one of the sacked Managing Directors of the Nigerian National Petroleum Corporation Limited (NNPCL) refineries.
The discovery was part of an ongoing investigation into the alleged misappropriation of $2.96 billion for refinery rehabilitation.
It could also be recalled that the anti-graft agency arrested former managing directors and senior officials of the three major state-owned refineries, including Port Harcourt Refining Company (PHRC), Warri Refining and Petrochemical Company (WRPC), and Kaduna Refining and Petrochemical Company (KRPC).
Also recall the new NNPCL management had also fired the Managing Directors of the three refineries under its purview
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