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A’IBOM GOVT PARTNERS FHA ON AFFORDABLE HOUSING

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.. donates 50 hectares of land for project take-off

 

Akwa Ibom State Government and the Federal Housing Authority ( FHA) have sealed a new partnership on the Diaspora Home Project, an affordable housing scheme of the President Tinubu Renewed Hope Agenda, with flexible payment programme, for public servants resident in the State.

The partnership was reached as the State Governor, Pastor Umo Eno, announced a fifty hectares of land donation and any other required state government support, as counterpart facilitation for the federal government housing project during a courtesy visit by a delegation from FHA led by its MD/CEO, Hon. Oyetunde Ojo, at Government House, Uyo.

In his words, “I want to assure you sir that we will work together. We have already allocated a piece of land and the Commissioner for Lands will make it available to you.

“Talking about the economic benefits such as creating employment, and all the other areas that you have talked about, we will give you all the necessary support for the benefit of our people,” he said.

Commending the all-inclusive leadership style of President Bola Ahmed Tinubu, Governor Eno lauded the FHA helmsman for taking steps to collaborate and ensure synergy between the federal agency and governments of the respective states proposed for the project.

This, he said, was similar to the Akwa Ibom approach, where the government does not embark on any project without engaging the stakeholders to know the actual community needs per time, expressing hope that other federal agencies, like the NDDC, would take a cue from the disposition of the FHA.

He reiterated his commitment to supporting and collaboratively working with the President Tinubu-led federal government for the general good of the people, irrespective of their different political affiliations.

“We want to make our people happy and I think that is why God sent us here. We can show to our people that our brother is up there and is helping to bring things back home and I thank Mr. President for being a father to all.

“For us in Akwa Ibom, we will work with him because he is doing his very best. I don’t have to be in APC to support him. So I make it very clear, I am a member of the PDP, but I will support Mr. President always,” Governor Eno affirmed.

In his earlier presentation, Hon. Oyetunde Ojo, said housing was a critical component of the Renewed Hope Agenda of the President Bola Ahmed Tinubu-led government and thanked the Akwa Ibom State Governor for readily supporting FHA’s Diaspora City project with land donation which, he stressed, was a priority requirement for the project.

According to him, besides coming to solicit for land, the FHA under his watch will be willing to collaborate with the state government in the areas of design, the actual building and ensuring off-takers for houses, while assuring of optimal and judicious utilisation of the allocated land.

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Defence Gulps Lion Share As Tinubu Presents N58.47trn 2026 Budget to NASS

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President Bola Tinubu has presented a budget of N58.47 trillion for the 2026 fiscal year to a joint session of the National Assembly, with capital recurrent (non‑debt) expenditure standing at N15.25 trillion.

Tinubu presented the budget on Friday, pegging the capital expenditure at N26.08 trillion and putting the crude oil benchmark at US$64.85 per barrel.

He said the expected total revenue is N34.33 trillion, projected total expenditure: N58.18 trillion, including N15.52 trillion for debt servicing. The budget is N23.85 trillion, representing 4.28% of GDP.

The budget was anchored on a crude oil production of 1.84 million barrels per day, and an exchange rate of N1,400 to the US Dollar for the 2026 fiscal year.

In terms of sectoral allocation, defence and security took the lion’s share with N 5.41 trillion, followed by infrastructure at N3.56 trillion.

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Mike Adenuga, Emmanuel Macron Hold High-Powered Meeting in Paris

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Accomplished billionaire businessman and Commander of the French Légion d’Honneur, Dr. Mike Adenuga Jr., GCON, CdrLH, has held a private meeting with the French President, Emmanuel Macron.

The two powerful citizens of the world held the meeting on Wednesday at the historic Élysée Palace in Paris.

The high-level engagement underscores the longstanding relationship between Dr. Adenuga and the French Republic, as well as his continued relevance in global business and diplomatic circles. 

A respected industrialist and philanthropist, Adenuga has been widely acknowledged for his contributions to economic development, telecommunications, energy, and humanitarian causes across Africa and beyond.

The meeting adds to Dr. Adenuga’s growing profile as a bridge between African enterprise and international leadership.

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Free at Last: Burkina Faso Releases 11 Nigerian Soldiers, Aircraft

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Burkina Faso has released Nigerian soldiers who were detained after their aircraft made a forced landing in the Sahelian country earlier this month, Nigerian officials said.

The release followed a diplomatic intervention by President Bola Tinubu, who dispatched a high-level delegation led by the Minister of Foreign Affairs, Yusuf Tuggar, to meet Burkina Faso’s Military Leader, Ibrahim Traoré, on Wednesday.

In a statement, Alkasim Abdulkadir, Tuggar’s spokesperson, said both sides resolved the matter amicably and secured the release of the Nigerian Air Force pilots and crew.

The soldiers had been held for nearly two weeks after the Confederation of Sahel States (AES) described the aircraft’s landing as an “unfriendly act” carried out in defiance of international law.

The Nigerian Air Force, however, said the crew encountered a technical issue that required a precautionary landing in Bobo-Dioulasso, the nearest available airfield. It said the landing complied with standard safety procedures and international aviation protocols.

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