- CBN expresses worry over monetary policy•Wants FG to handle economy
- Daniel storms PDP secretariat, seeks reconciliation
- Nigeria loses $4.3m to crude oil theft in 2 years - NEITI
- UI re-opens Sunday
- Alleged fund misappropriation: Lagos assembly summons commissioners
- PSC retires 13 AIGs
- Oil subsidy: There won’t be sacred cows - FG
- Lawyer arraigned over N36m fraud, remanded in prison
- FG airlifts logistics to troops in Darfur and Liberia
- Saked Lagos doctors: Court to deliver ruling tomorrow
- Sack of professionals caused crash of stock market - Affected staff
- Fulani herdsmen attack: Village head killed, others injured
- Niger assembly impeaches new speaker
- Coal to generate 30% of power by 2015 - FG
- Reps to probe FG insurance on assets, property
FG may review Lagos-Ibadan Expressway concession
INDICATIONS emerged on Thursday that the Federal Government may review the conces-sioning of the Lagos-Ibadan Expressway.
President Goodluck Jonathan said this while responding to a request by the Ogun State governor, Senator Ibikunle Amosun, for the prompt reconstruction of the Lagos-Ibadan and Sagamu-Ore-Benin expressways.
He conceeded that government had hurriedly entered into arrangements in respect of some roads, but, however, said it might review some of these road projects.
Also, President Jonathan, on Thursday, justified the conferment of the nation's second highest national honour, Grand Commander of the Order of Niger (GCON), on Alhaji Aliko Dangote, saying that he had contributed immensely to the economic growth of the country in terms of job creation.
He said this at the inauguration of a six million metric tonnes per annum Dangote Cement Plant in Ibese area of Ogun State.
Jonathan, who identified job creation as one of the nation's major challenges noted that the Ibese Plant had the capacity of generating 10,000 job for the unemployed ones.
Jonathan, in his reiteration of making Nigeria a better place, said Nigerians were tired of hearing about bomb explosions and were eager for more positive news that would put Nigeria on the world map.
He further noted that Nigeria would take an inventory of industrial goods with high consumption, in order to encourage local production.
He expressed optimism that in some years to come, the country would stop importation of rice, fertiliser and cement, according to him the country needed no justification importing the products.
Jonathan added that there was need to boost local production as well as improving the qualities by streghtening the Standard Organisation of Nigeria (SON).
Earlier in his speech, the President/Chief Executive, Dangote Group, Alhaji Dangote, said the new cement plant was established to put an end to importation of cement in the country.
Dangote said that the establishment of the cement factory would create about 7,000 jobs and subsequently boost the supply of cement in the Nigerian market.

More Headlines
- CBN expresses worry over monetary policy•Wants FG to handle economy
- Daniel storms PDP secretariat, seeks reconciliation
- Nigeria loses $4.3m to crude oil theft in 2 years - NEITI
- UI re-opens Sunday
- Alleged fund misappropriation: Lagos assembly summons commissioners
- PSC retires 13 AIGs
- Oil subsidy: There won’t be sacred cows - FG
- Lawyer arraigned over N36m fraud, remanded in prison
- FG airlifts logistics to troops in Darfur and Liberia
- Saked Lagos doctors: Court to deliver ruling tomorrow
- Sack of professionals caused crash of stock market - Affected staff
- Fulani herdsmen attack: Village head killed, others injured
- Niger assembly impeaches new speaker
- Coal to generate 30% of power by 2015 - FG
- Reps to probe FG insurance on assets, property




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