Wike To Start Rehabilitation Of Abuja Roads

As part of efforts to improve road infrastructure in the Federal Capital Territory (FCT), the minister, Nyesom Wike, says he would on September 11, flag-off the re-surfacing and rehabilitation of existing roads and remedial works on bridges of major roads in the territory.
In a statement signed by the director of press affairs in his office, Anthony Ogunleye, the minister said the re-surfacing project would cover 135 roads within Garki, Wuse, Gwarimpa and Maitama districts.
According to the statement, the flag-off ceremony will take place along the Ladoke Akintola Boulevard, Garki II, Abuja.
“This will be the first major infrastructure development project of the minister who has expressed determination to ensure rapid infrastructure development of the nation’s capital. The flag-off event will take place at 2:00pm,” he stated.
The Department of State Services (DSS) has arrested and detained the Central Bank of Nigeria (CBN) deputy governor in charge of Financial System Stability, Aisha Ahmad.
According to reports, the CBN deputy governor is currently being interrogated on how the $300 million was raised to complete the acquisition of Union Bank by Titan Bank.
Recall that Ahmad was appointed deputy governor of CBN on 6 October 2017 to replace Sarah Alade, who retired in March 2017.
She was later confirmed by the Nigerian Senate on 22 March 2018.
In December 2022, an online platform reported that Ahmad helped to facilitate the sale of Polaris Bank at a favourable price in order to be considered for the position of Governor of the Central Bank of Nigeria (CBN).
The CBN denied these allegations and insisted that the sale of Polaris Bank was an institutional decision supervised by a committee of senior representatives of the Asset Management Corporation of Nigeria (AMCON) and the CBN.
The divestment was also coordinated with outside legal and financial advisers and approved by the leadership and boards of Polaris Bank and the purchaser, Strategic Capital Investment Limited.
The CBN stated that no other party made a higher purchase offer as alleged by the paper.