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Federal Government lauds Plateau over infrastructure

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The Minister Of Transportation, Mu’azu Sambo, has commended the Plateau State government on the completion of Federal Government road projects in the state.

A statement by the ministry’s Director of Press and Public Relations, Henshaw Ogubike, quoted Sambo as saying this when he led the Presidential Committee for the Verification of Federal Roads Intervened to the Plateau State government.

The Projects inspected are Heipang-Mararaban Jama’a and Mararaban Jama’a British American Junction, Polo Roundabout to Farin Gada, Secretariat Flyover, and British American Junction Flyover.

The minister said the four projects were in order, assuring the state reimbursement would be made.

The statement read in part,”This visit is by a team that constitutes part of the ministerial committee to assess road projects that were undertaken by the Plateau state government on designated Federal highways.

“It is also for the purpose of reimbursing the state government with monies expended in carrying out such projects.

“We have seen the projects, four of them. As somebody who knows Jos very well, I am highly impressed because if I had come alone, I probably would have missed my way due to the quality of flyovers and roads that I saw.

“The state government needs to be commended and for this project, the reimbursement is timely and in order,” he said.

The Deputy Governor of Plateau State, Prof. Sonni Tyoden, said the verification of the projects being carried out by the presidential committee was evidence that the state government has been working.

He said, “As stated by the minister, the four projects are in order in terms of quality and usefulness to the people and as a state, we are looking forward to the reimbursement by the Federal Government.

“Coming at this time, it will help the state and the citizens of Plateau state. However, the state government will not relent in completing projects which would be of benefit to the people.”

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Council Chairman Vows To Crackdown On Suspected Ritual Killings In Pangshin 

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By Emmanuel Yatai

Mr Felix Gonung, Chairman of Pankshin Local Government Council of Plateau, has vowed to crack down on suspected ritual killings after two deaths were recorded in the area within a month.

Gonung, who gave the assurance during an interview with journalists on Friday in Pankshinon, confirmed that vital organs were allegedly harvested from the victims.

He said three suspects were arrested following the discovery of a woman’s body last month.

He added that further investigations had led to the recovery of suspected fetish substances from the suspects, who had since been transferred to the police headquarters in Jos.

The council chairman said security agencies were also investigating the discovery of a young man’s body at Monday Market on Oct. 6, with vital organs allegedly missing.

He said the incident might be linked to cult activities among students or criminal elements operating within the student community

He assured residents that his administration was working with security agencies to address the situation and restore peace.

“I swore an oath to protect the lives and property of my people. However, the government’s security plans are confidential and the public will soon feel their results and impact.

“This administration, in collaboration with security agencies, is doing everything within its power to restore and maintain the long-existing peace in our communities,” he said.

Gonung disclosed that the council would introduce a policy requiring landlords and hotel operators to provide information about their tenants and guests, respectively.

“This will enable us to crack down on criminal syndicates who disguise themselves as students or guests to perpetrate crimes in the community,” he said.

He noted that Pankshin had enjoyed relative peace despite security challenges in other parts of the state, adding that the recent incidents had understandably heightened residents’ concerns.

He urged residents to remain calm and vigilant and report suspicious activities to the appropriate authorities.

Gonung also called for stronger collaboration among security agencies, traditional rulers, religious leaders and community stakeholders to tackle the menace, stressing that security was a collective responsibility. (NAN)

Edited by Blessing Odega and Philip Yatai

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Cardoso Takes Nigeria’s Financial Reforms to Singapore, Signs MoU With GFTN on Innovation

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En route to the IMF–World Bank Annual Meetings in Bangkok, the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has undertaken a series of high-level engagements in Singapore tostrengthen Nigeria’s financial connectivity with Asia through institutional cooperation, financial-market development, and innovation.

The engagements included discussions with the Monetary Authority of Singapore (MAS), the signing of a Memorandum of Understanding (MoU) with the Global Finance & Technology Network (GFTN), and the Nigeria–Asia Financial Connectivity Dialogue, convened by the CBN in collaboration with J.P. Morgan, Nigerian Exchange Group (NGX) and FMDQ Group.

Together, the engagements reflect the CBN’s emphasis on translating Nigeria’s financial-sector reforms into stronger international partnerships, deeper markets and practical channels for investment, trade and financial innovation.

In discussions with MAS, the CBN delegation exchanged perspectives on financial-sector development, regulation, market connectivity and innovation, identifying areas of mutual interest for continued engagement and potential collaboration.

The discussions provided an opportunity to draw on both financial systems‘ experiences and explore how stronger institutional relationships could support financial-market development and emerging technologies.

In a further step towards practical cooperation, the CBN and GFTN signed an MoU establishing a framework for collaboration on financial innovation.

The agreement provides a basis for connecting relevant institutions and innovation ecosystems, exploring areas of mutual interest and identifying practical opportunities for cooperation between Nigeria and Singapore.

At the Nigeria–Asia Financial Connectivity Dialogue, hosted at J.P. Morgan’s Singapore offices and anchored by Mr Dapo Olagunji, Managing Director of J.P. Morgan West Africa, Governor Cardoso outlined Nigeria’s ambition to build deeper, more liquid and internationally connected financial markets, positioning the reforms undertaken in recent years as the foundation for a new phase of market development.

He emphasised that reforms to Nigeria’s foreign-exchange market were aimed at removing distortions, restoring transparency and strengthening confidence in the rules governing market participation.

“The real test of reform is not whether you can attract capital once; it is whether you create the confidence for capital to stay, return and grow,” he said.

The Governor highlighted the importance of credible monetary policy, stronger governance, improved market functioning and predictable rules in creating the conditions for sustained domestic and international investment.

He noted that stabilisation was not an end in itself, but a foundation for broader participation by long-term institutional capital, stronger market infrastructure and more effective connections with international financial markets.

The Dialogue brought together investors, financial institutions, businesses and Nigerians living and working across Asia.

The event featured a panel moderated by Gbolahan Taiwo, J.P. Morgan’s Chief Economist for Africa, with Temi Popoola, Group Managing Director/CEO of NGX Group; Zeal Akaraiwe, Group Managing Director/CEO of FMDQ Group; Aderinola Shonekan, Director of Trade and Exchange at the CBN; and Olumayokun Ajibade, Special Adviser to the Governor on Financial Markets and Economic Policy.

The discussion explored Nigeria’s reform trajectory, from capital formation and foreign-exchange market confidence to the development of deeper, more liquid markets and the infrastructure needed to support sustained international participation.

Cardoso emphasised that Nigeria’s engagement with Asia is intended to extend beyond attracting investment flows to building durable relationships between financial institutions, markets, businesses and people.

He identified opportunities for stronger links between Nigerian and Asian banks and market institutions, more efficient payments and settlement channels, and greater participation by Nigerians living and working across the region.

The Governor also highlighted the growing role of financial technology and artificial intelligence in improving financial services, strengthening risk management, supporting inclusion and enhancing regulatory capabilities.

The Singapore engagements form part of a broader programme of institutional and market engagement across Asia, including further meetings in Beijing.

The post Cardoso Takes Nigeria’s Financial Reforms to Singapore, Signs MoU With GFTN on Innovation appeared first on Business Today NG.

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