What I told Wike about Road Construction - Tinubu

President Bola Tinubu has warned that no citizen should be made a victim of national development, stressing that national progress must not come at the expense of ordinary citizens.

Tinubu gave the warning in Abuja on Thursday, while inaugurating the newly constructed seven-kilometre access road, from Airport Road (Bill Clinton Drive) to Tungan Madaki, bypassing the second runway of the Nnamdi Azikiwe International Airport.

The President, represented by the President of the Senate, Godswill Akpabio, explained that the road connected communities that for years were cut off from the economic heart of the Federal Capital Territory.

He said that when it became necessary to construct the second runway of the Nnamdi Azikiwe International Airport, the original inhabitants of the area willingly surrendered their ancestral lands.

“They sacrificed for the collective good of the entire nation and yet, they had no motorable road for their own feet and their own vehicles and motorcycles.

“They were cut off from the FCT and from the very airport they gave up their lands to witness.

“Let me state this clearly: no citizen should be made a victim of national development.

“When the Minister of the FCT, Nyesom Wike, brought this matter to my attention, my directive was clear and unequivocal – ‘whatever the communities ask for to make their lives better and whole, give it to them’.

“My administration will not only take from the communities; we will build the communities. We shall also replace, and we will also elevate the standard of living of the communities. Today, I must say that we have fulfilled that solemn promise,” he said.

He said that the seven-kilometre  access road is not just an engineering strip of tar, but an economic artery.

He added that the project would ease traffic, particularly the gridlock along Bill Clinton Drive, providing seamless convenience for airport users and travelers.

“More importantly, we are unlocking the economic potential of Tungan Madaki and the surrounding communities, and by implication, Zuba.

“The road also guarantees that whether in the height of the dry season or the peak of the rains, our farmers can move their produce, our children can go to schools, and businesses can thrive without disruption.

“That is what the Renewed Hope Agenda of my administration is all about: reducing hardship by building infrastructure that works for the people,” he said.

Tinubu commended Wike and his team saying: “In February 2025, I approved this project. You mobilised immediately, and today, barely 16 months later, this beautiful stretch of road is completed and ready for use. No excuses; no stories. Just delivery.

“That is the standard Nigerians deserve, and that is the standard this administration will maintain and continue to give to all Nigerians”.

In his remarks, Wike explained that instead of requesting monetary compensation, the community requested for road and job opportunities for their children, “and by the grace of God, we have given them.

“I never believed that we have this level of suffering by people not having access to the city.

“This community has lost hope. They don’t believe in the government, but because of this administration, hope has returned to them.

“Now they can feel the impact of the government; now they know what governance is all about.

“I feel happy that under the leadership of Tinubu, we are given the opportunity to be part of this history that changing the narrative in rural communities”.

According to him, the road connects two area councils, Abuja Municipal Area and Gwagwalada Area Councils and will enable easy access to the airport from Zuba.

He disclosed that a contract has been awarded to extend the road to Zuba, adding that it would be completed in December.

He however warned land grabbers against taking advantage of the road to defraud the people saying “allow the community to enjoy the dividends of democracy.

“To the community, we will give you Certificate of Occupancy to all lands where you belong”.

Credit NAN: Texts excluding Headline

CapitalSage Vantage seals Agreement to acquire Chimoney, expands Infrastructure across 130 Countries

CapitalSage Vantage, the focused holding entity for CapitalSage Holdings' cross-border payments and digital-asset wealth management businesses, has announced the signing of an agreement to acquire Chi Technologies Inc. (Chimoney) and its subsidiaries, a Toronto-headquartered payments infrastructure provider with connectivity spanning more than 130 countries.

The transaction marks a significant step in CapitalSage Vantage's ambition to build one of the most globally connected African-rooted financial ecosystems, bringing together payments infrastructure, remittance capabilities, digital wealth platforms and financial connectivity across Africa, North America, Europe and the Middle East.

Through the combination, CapitalSage Vantage will expand its international payments infrastructure, strengthen its regulatory footprint and enhance its ability to support cross-border financial services for consumers, businesses and developers operating across multiple markets.

Chimoney's platform powers multi-currency wallets, global payouts, developer APIs and digital identity capabilities. Following completion of the transaction, Chimoney will continue to operate and grow within the CapitalSage Vantage ecosystem, with existing customers, developers and partners continuing to access its services.

"Chimoney is continuing its journey with greater scale and institutional backing," the companies said Uchi Uchibeke, the Founder of Chimoney. "The technology, team, products and customer relationships that made Chimoney a trusted platform remain firmly in place. What changes is our ability to accelerate growth, expand into new markets and create greater value through the broader CapitalSage Vantage ecosystem."

Commenting on ongoing transaction, The GCEO of CapitalSage Vantage, Abiola Bawuah said “This acquisition creates the foundation for a new generation of financial services platforms designed to serve Africans globally, connecting diaspora users with families, businesses and opportunities across the continent through a more integrated financial ecosystem.”

CapitalSage Vantage's growing portfolio includes international payments, remittance and digital wealth management businesses, with operations and strategic relationships spanning Canada, the United States, the United Kingdom, the United Arab Emirates and multiple African markets.

The transaction is expected to accelerate innovation across cross-border payments, embedded finance, business payments, digital commerce and financial infrastructure, while reinforcing Africa's growing role in shaping globally relevant financial technology.

Completion of the acquisition remains subject to customary closing conditions, including applicable regulatory approvals.

About Chi Technologies Inc. (Chimoney)

Chi Technologies Inc., operating as Chimoney, is a Toronto-headquartered payments infrastructure provider registered with the Bank of Canada as a Payment Service Provider and with FINTRAC as a Money Services Business. The platform powers multi-currency wallets, global payouts to more than 130 countries, developer APIs and digital identity infrastructure.

About CapitalSage Vantage

CapitalSage Vantage is the holding entity for CapitalSage Holdings' cross-border payments and digital-asset wealth management businesses. The platform brings together international payments, remittance, wealth management and financial infrastructure capabilities serving customers across global markets.

Credit CapitalSage Vantage PR

Shell names Elohor Executive Vice President and Country Chair Nigeria as Marno bows out

Former Managing Director Shell Nigeria Exploration and Production Company Limited (SNEPCo) Elohor Aiboni, currently on assignment as Asset Director at Brunei Shell Petroleum, has been named Executive Vice President and Country Chair Nigeria, taking over from Marno de Jong who leaves Shell to pursue an opportunity elsewhere, after a 34-year career with the Company.

Marno was appointed Senior Vice President Nigeria in 2020 and later became Executive Vice President in addition to the role of Country Chair, overseeing all Shell’s operations in Nigeria.

Marno joined Shell in 1992 as a Project Engineer at the start of a career that has seen him serve across Project Delivery, Engineering, Commercial, and Upstream Development in the United Kingdom, Venezuela, Nigeria, Australia, the United States, the Netherlands, Malaysia and Indonesia.

Under his leadership, Nigeria’s flagship Bonga asset delivered strong performance, sustaining high availability well above target, while he has also been instrumental in advancing major key investment decisions, including the HI offshore gas project and the Bonga North development.

Marno said, “I’m grateful for the support I have enjoyed since my time in Nigeria which has enabled us to achieve progress on many fronts. I leave with fond memories of warm friendships and strong support from colleagues in Shell and our partners. I’m confident that Shell operations in Nigeria will continue to deliver value and growth under Elohor, given the strong leadership credentials she brings to the roles and wish Shell Nigeria every success.”

Elohor is the first Nigerian to take up the combined role of Executive Vice President and Country Chair Nigeria, bringing over 24 years’ experience within Shell across Nigeria’s offshore, shallow water and onshore businesses with international assignments in Kazakhstan and Brunei.

Elohor became Managing Director of SNEPCo in 2021, the first female to hold the post. She led the deepwater business and associated investments in Nigeria with Bonga achieving the 1 billionth barrel of oil in 2023. She left for Brunei in 2024 where she oversees asset performance, production, and project delivery.

Elohor said: “I’m excited at the opportunity to continue to contribute to the efficient delivery of Shell’s business in Nigeria and thereby power progress in a country we’ve been part of for more than 60 years.

Marno has led from his heart these six plus years, sustaining operations and breaking new grounds in project delivery and growth. It’s a legacy I’m keen to build on with the support of colleagues and other stakeholders.”

The new appointment takes effect August 1st, 2026.

Credit Shell PR