NEWS
FG Begins Tolling of Abuja-Keffi-Akwanga-Makurdi Highway

The Federal Government on Tuesday began the tolling of the 227.2km Abuja-Keffi-Akwanga-Lafia-Makurdi Highway with the inauguration of the Garaku Toll Plaza axis of the road.
Certain categories of vehicles, including security, diplomatic, ambulances and tricycles are, however, exempted from the tolling, it said.
The road is a Public Private Partnership (PPP) project under the aegis of the Infrastructure Concession Regulatory Commission (ICRC).
Speaking during the inauguration, the Minister of Works, David Umahi, described the corridor as a vital infrastructure route in Nigeria.
According to him, it is essential for both the economic and social activities of the central and northern parts of the country.
Umahi was represented by the Minister of State for Works, Bello Goronyo.
He recalled that the Federal Government under the previous administration in 2023, executed a 25-year toll of rates concession agreement with MS China Harbour Operations and Maintenance Company.
The Minister said that the government rehabilitated and upgraded the roads through the preferential credit loan from China Exim Bank.
He explained that it was agreed, among other things, that the road would be tolled, and maintained by a private party and revenue collected would be used to repay the loan.
“The Abuja-Keffi-Akwanga-Makurdi project is the first among the nine corridors being concessioned under the Highways Development and Management Initiative (HDMI) Phase 1 to commence operations.
“In the coming months, the Federal Government will continue with the launching and operationalisation of the remaining ones located across the six geopolitical zones of this country.
“This initiative has opened a new chapter in the history of Nigeria, as it gives the Federal Government the opportunity to overcome bad routes,” he said.
Umahi said the collection of tolls would generate the much-needed revenue for the maintenance and expansion of the Renewed Hope Road Agenda of President Bola Tinubu.
He said that the Tinubu administration was committed to building a robust, interconnected infrastructure for socio-economic growth.
“The toll order fee schedule for Abuja-Keffi-Akwanga-Lafayette-Makurdi Federal Highway has been designated as follows: cars-N500; SUV Jeep-N800; minibuses N1000, and multi-axle vehicles, trucks and buses N1600.
“However, frequent road users like the commercial light vehicles defined under the Federal Highways Act, will enjoy a 50 per cent discount.
“Authorised vehicles, pedal vehicles, tricycles, motorcycles, and other modes of two or three wheels transport used by mainly disadvantaged populations will be offered a 100 per cent discount,” he said.
The Minister further said that effective maintenance and further development of the corridor would continue to play a role in national development and the livelihoods of millions of Nigerians.
He encouraged Nigerians to embrace the initiative as it would serve as a catalyst for road maintenance and economic growth.
“The ultimate goal is to have a transportation system that is modern, safe and capable of meeting the needs of our growing nation,” he said.
Umahi listed the benefits of tolling the road to include, accident reduction, short travel hours and improved security on the road.
Reacting to a request by Nasarawa State for another federal road in the state to get such attention, the minister said he had directed the Permanent Secretary to start liaison for an immediate solution.
The Governor of Nasarawa, Abdullahi Sule, lauded President Bola Tinubu for his commitment to road infrastructure.
Sule, represented by the Deputy Governor, Dr Emmanuel Akabe, described the road as a bridge between communities and a lifeline of national unity.
“We need to encourage the people and get their buy-in because our vehicles will last longer, less accidents, and economy will develop because shops, sales, and all that will come up at the tollgates,” he noted.
Sule requested that such should be replicated on the federal highway from Doma to Nassarawa and Abuja, to ease travel time and boost the economy.
Also speaking at the event, the Director General of ICRC, Dr Jobson Ewalefoh, said that the project was evidence of President Bola Tinubu’s commitment to Nigeria’s infrastructure development.
Ewalefoh, who was represented by the Director, Transport Infrastructure Department, Mr Shehu Danmusa, said the ICRC was the PPP regulator, adding that the project conformed with the ICRC Act.
He lauded the Federal Ministry of Works and the concessionaire for their commitment to the project, calling on Nigerians to give the project the needed support as more PPP projects beyond roads were underway.
The Managing Director of Catamaran, Lai Are, explained that the tolling would be cashless.
He said that Point of Sale (POS)purchase and other electronic devices would be used for payment to ensure swift passage for road users.
Are added that a number of technology products would be developed including apps, websites and POS systems in partnership with existing POS deployers.
This, he said, was to ensure ease of payments for the road users.
“In accordance with the tolling policy, vehicles of the Nigerian police force, armed forces, paramilitary organisations, Nigerian correctional services, fire services, ambulance and diplomatic missions, bicycles and motorcycles shall be exempt from tolls,” he said.(NAN)
Foreign News
Israel Vows to Build Jewish Settlements, Rejects Macron’s Call for Palestinian State

“Do not threaten Israel with sanctions” as it will continue to build a “Jewish state” on the ground,” Israeli Defense Minister, Israel Katz, warned on Friday.He also rebuffed a call by French President Emmanuel Macron for establishing a Palestinian State.In open defiance of international law, Katz claimed that world powers may recognize a Palestinian state “on paper.
”Katz made the remarks during a visit to Sa-Nur, an illegal outpost in the northern West Bank that the Tel Aviv government recently decided to officially designate as a settlement for illegal Israeli settlers. In a direct message, Defense Minister Israel Katz targets French President Macron and European allies.He also dismissed the potential international consequences.He said: “They will recognise a Palestinian state on paper, while we will build the Jewish Israeli state on the ground.“Don’t threaten us with sanctions. You will not make us bow.“The State of Israel will not kneel before threats.”His comments came hours after President Macron stated that recognising the State of Palestine was a “moral duty”.Macron also reiterated that France may move toward official recognition during an upcoming international conference focused on the two-state solution.Earlier this week, Israeli newspaper Yedioth Ahronoth reported that the Israeli Security Cabinet had secretly approved the establishment of 22 new illegal settlements in the occupied West Bank.In response, the Israeli anti-settlement group Peace Now issued a statement Thursday, revealing that 12 of the newly approved settlements were previously unauthorised outposts and farming sites established in recent years.According to Peace Now, there are currently 156 illegal settlements and 224 outposts across the occupied West Bank, including East Jerusalem, with over 736,000 illegal Israeli settlers living on occupied Palestinian land.The international community, including the UN, considers the Israeli settlements illegal under international law.The UN has repeatedly warned that continued settlement expansion threatens the viability of a two-state solution, a framework seen as key to resolving the decades-long Palestinian-Israeli conflict.In July 2024, the International Court of Justice declared Israel’s decades-long occupation of Palestinian land illegal and demanded the evacuation of all existing settlements in the West Bank and East Jerusalem.(AA/NAN)NEWS
Stock Market Sheds N48bn Amid Sell-offs

The stock market on Friday closed the week on a bearish note, as key performance indicators dipped by 0.07 per cent.Specifically, the market capitalisation declined by N48 billion, or 0.07 per cent, to N70.462 trillion from N70.510 trillion recorded on Thursday.The All-Share Index also dropped by 0.
07 per cent or 76.07 points to close at 111,742. 01 down from 111,818.08 posted on Thursday. The decline was largely attributed to sell-offs in heavyweight stocks like Beta Glass, NCR Nigeria, Conoil, Legend Internet and 33 others.Also, the market breadth closed negative with 37 stocks declining against 28 gainers.On the flip side, Beta Glass declined by 10 per cent, closing at N232.65 while NCR Nigeria also lost by 10 per cent, finishing at N6.57 per share.Conoil dropped by 9.99 per cent, settling at N298.10 and Legend Internet fell by 9.94 per cent, closing at N6.16 per shareAlso, Industrial Medical Gases shed by 9.91 per cent, ending the session at N33.65 per share.On the gainers’ chart, Omatek grew by 9.86 per cent, settling at 78k while Red Star Express climbed by 9.62 per cent, closing at N8.32 per share.Deap Capital Management rose by 9.38 per cent, finishing at N1.05 and Sovereign Trust Insurance soared by 9.09 per cent, ending the session at N1.08 per share.May and Baker also increased by 8.26 per cent, closing at N11.80 per share.A total of 1.90 billion shares valued at N64.14 billion were traded across 18,653 transactions, in contrast to the 556.45 million shares worth N17.17 billion exchanged across 18,505 deals on Thursday.Transactions in the shares of United Bank for Africa topped the activity chart with 1.41 billion shares worth N49.02 billion.United Capital followed with 66.84 million shares valued at N1.32 billion while Access Corporation sold 53.97 million shares worth N1.19 billion.Fidelity Bank traded 31.38 million shares valued at N606.09 million and Zenith Bank transacted 29.93 million shares worth N1.46 billion. (NAN)NEWS
Customs Intercepts 39,425 Litres of Smuggled Petrol

The Comptroller-General of the Nigeria Customs Service, Bashir Adeniyi, said Operation Whirlwind intercepted 39,425 litres of petrol worth ₦39.4 million within Lagos-Ogun axis. Mr Adeniyi disclosed this on Friday at a news conference in Lagos, organised following recent petroleum product seizures by Operation Whirlwind at the Federal Operations Unit, Ikeja.
Represented by the National Coordinator of Operation Whirlwind, Asst. Comptroller-General Hussein Ejibunu, Adeniyi said it marked another milestone by operatives in the Lagos-Ogun axis. He attributed the success to officers’ dedication, commitment and resilience over the past year within the zone. Adeniyi said the Office of the National Security Adviser, NMDPRA, and Attorney General’s office all commended Customs’ efforts in intercepting smuggled petroleum products. He said, “On May 23, we were in Yola for a similar exercise where over 46,000 litres of seized PMS were auctioned. “Today, we are conducting another auction following seizures made at Laro, Imeko, Badagry, Owode, Ajilete, and other flashpoints.” He added that investigations confirmed the petrol was intended for smuggling into Benin Republic. A total of 1,577 jerrycans of 25 litres each — amounting to 39,425 litres — were seized, along with eight vehicles used for transportation. Adeniyi stated that the seized petrol had a duty paid value of ₦39.4 million, and the vehicles were valued at ₦24 million, totalling ₦63.4 million. He reiterated that there was no safe haven for smugglers, and Customs would continue disrupting illegal activities to the barest minimum. The CGC directed that the seized petrol be auctioned immediately to Nigerians in 25-litre jerrycans at ₦10,000 each. He thanked strategic partners—ONSA, the Attorney General’s office and NMDPRA—for their unwavering support and cooperation. Adeniyi added that the success of Operation Whirlwind was due to strong collaboration with these agencies. “Since Operation Whirlwind began in 2025, Customs officers have not fired a single shot, and four suspects are currently facing trial,” he said. Comptroller Charles Orbih, Zonal Coordinator, Zone ‘A’ of NCS, reaffirmed the service’s commitment to protect Nigeria’s economy and ensure policy benefits reach all citizens. He noted that every litre smuggled across the borders causes revenue loss, scarcity, market instability and weakens energy security. “Operation Whirlwind, launched by the National Security Adviser’s office, proves Nigeria Customs is capable of defending and securing the nation’s borders,” Orbih stated. Comptroller Muhammed Shuaibu, FOU Zone ‘A’, commended Customs Management for the success achieved during Operation Whirlwind. He said the seizure was a joint effort by officers committed to combating smuggling and protecting the nation’s borders. He added that the seizure would help revive the economy, and Customs would maintain its focus on revenue generation and supporting legitimate trade. Mr Patrick Musa, of the NSA’s Lagos Zonal office (NMDPRA), said the operation proved Customs’ competence in border protection. He noted that NMDPRA, mandated with petroleum distribution, would continue collaborating with Customs and other agencies to stop petrol smuggling. Mrs Abidemi Aluko, representing the Attorney General’s office, appreciated the CGC, Customs officers and partner agencies for curbing petrol smuggling. “This is not business as usual. Suspects are currently under investigation for illegal petroleum dealings and will face trial,” she said. Quoting relevant laws, she stated the offence carries a sentence of life imprisonment or a fine, including forfeiture of transport means. “The Federal Government remains committed to prosecuting and bringing to justice those involved in petrol smuggling,” Aluko added. She called on sister agencies and stakeholders to strengthen collaboration to fight economic sabotage. In his closing remarks, ACG Kola Oladeji thanked the CGC for his leadership and enabling environment that contributed to the operation’s success. Oladeji urged officers to stay committed and intensify efforts to enhance national security. (NAN)