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Plateau: Gov Lalong to get 26.6 Billion to complete “Legacy Projects”

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Legacy project
Following the earlier termination of the contract for the construction of Legacy Projects by the Plateau Government, the State Executive Council has approved the award of the contract for the completion of the projects at the sum of N26.6 billion.
The sum is for the completion of projects and the engagement of a consultant to provide pre-contract services.
Briefing newsmen after the Council meeting, Commissioner for information and Communication Hon. Dan Manjang disclosed that the legacy projects are located across the 17 Local Government Areas of the State.
They include the construction of 9 No model primary schools, 6 No model secondary schools and 6 No model hospitals with a completion period of 32 weeks.
He explained that the State Government had earlier secured 18 billion naira for funding the Lalong project which was still available for the work. He said the project was also rescoped downwards to N26.6 billion, adding that Council approved the sourcing of the shortfall of N8.6 billion.
He explained that Council approved for further funding to be raised from the capital market for furnishing and equipping of the projects.
The Commissioner said the Rescue Administration was determined to complete the projects as they form part of the legacies it wants to leave behind for the people of Plateau State who entrusted their mandate to Governor Simon Lalong.
He said already, some of the Legacy projects have come in handy for other uses such as Model Secondary School in Ny’ak Shendam Local Government Area which has been donated as temporary site for the establishment of the Federal Polytechnic N’yak.
He said others are being considered for the establishment of the Plateau State University Teaching hospital among others.
Manjang said the projects which are at various stages of completion will be commissioned within the tenure of this administration.
The Commissioner said the Executive Council also approved over N647 Million for the procurement of Water treatment chemicals awarded to Messrs Reliant Overseas Ltd.
He said “Council approved N647,480,000 for 100 MT of Aluminum Sulphide (Alum), 248 MT of hydrated lime and 1000 45 kg drums of Calcium Hypo chloride”.
He said Council received a report that the State has recorded two cases of Monkey Pox disease in Bassa and Shendam Local Government Areas, assuring that the Government is doing everything possible to ensure that the disease does not spread.
He urged citizens of Plateau State to imbibe good personal hygiene as well as take all preventive measures to nip the cases in the bud.

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Governor Mutfwang Meets Ex-Govs Amid Rising Insecurity in Plateau [PHOTOS]

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Governor Caleb Mutfwang of Plateau State on Wednesday held a high-level meeting with former governors and key stakeholders in response to escalating security concerns across the state.

The gathering focused on addressing the long-standing insecurity that has led to the deaths of hundreds of people, including women and children, in several communities.

Sources indicate that the meeting may be connected to the recent attack in Anguwan Rukuba and subsequent violence in parts of the state, where dozens were reportedly killed.

Held at the Government House in Little Rayfield, Jos, the meeting was attended by former governors Simon Bako Lalong, Jonah David Jang, Joshua Chibi Dariye, as well as former military administrator, Rear Admiral Samuel Bitrus Atukum (retd.), among other notable figures.

In a statement shared on his verified Facebook page on Thursday, Mutfwang noted that the closed-door session thoroughly examined issues affecting the welfare, well-being, and development of Plateau residents, with particular attention on the recent surge in violent attacks in rural areas.

Participants at the meeting reviewed the security situation and expressed deep concern over the recurring loss of lives and destruction of property over the years.

They resolved to work together to curb the violence by promoting lasting peace, strengthening unity, and fostering peaceful coexistence among residents.

The leaders also agreed on the need to pursue justice for victims and to establish strong frameworks that reflect the values of courage, discipline, and patriotism associated with Plateau State.

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New leaders, new fund: Sequoia has raised $7B to expand its AI bets

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Few venture firms have bet more aggressively on AI than Sequoia Capital, and it isn’t slowing down.

The Silicon Valley stalwart has raised roughly $7 billion for a new fund, according to Bloomberg. Sequoia declined TechCrunch’s request for comment. The money will go toward what the firm calls its “expansion strategy” — essentially its late-stage investing arm, focused on the U.S. and Europe — and it’s nearly double Sequoia’s last comparable fund, a $3.4 billion vehicle raised in 2022.

That growth in fund size reflects something bigger: late-stage investing has taken on an entirely new meaning in the AI era. Companies can now scale at a speed and cost that would have been unimaginable a decade ago, and the firms backing them have to keep pace.

The money signals where Sequoia sees the future: deeply embedded in AI, from the giants building the underlying technology to the startups putting it to work. The firm has backed two of the most prominent players in the AI race — OpenAI originally and, more recently, Anthropic — both of which are reportedly eyeing public listings in 2026. The development that could mean a significant payday for the firm.

Sequoia isn’t only swinging for the foundational AI heavyweights, however. It has also placed bets on other buzzy startups, including Physical Intelligence, the Bay Area robotics startup, and Factory, which builds AI agents for enterprise engineering teams.

The fundraise is also the first major capital raise under Sequoia’s new leadership, with Alfred Lin and Pat Grady now serving as co-stewards of the 54-year-old firm.

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