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Today’s edition focuses on how infrastructure decisions, execution timelines, and government priorities continue to shape the physical and economic landscape across the country. As these decisions play out on the ground, they carry real implications for communities, investors, and the future of national development.
Let’s get into it.
FG to Demolish 355 Buildings in Anambra to Pave Way for Alaoji-Onitsha Powerline Expansion
As part of a nationwide push to stabilize the national grid in 2026, the Federal Government has announced the imminent demolition of 355 buildings across various communities in Anambra State. The move is required to clear the Right-of-Way (RoW) for the critical Alaoji-Onitsha 330kV Double Circuit Transmission Line project.
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FG to Prioritize Completion of Ongoing Projects Over New Contracts
The Federal Government has officially shifted its 2026 housing strategy toward a "Completion-First" model, pledging to prioritize the funding and delivery of all ongoing projects before initiating new large-scale contracts. he Honourable Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, disclosed this directive during a strategic review of the 2026 Appropriation Bill.
Mararaba-Keffi Road: Umahi Sacks Controller, Sets Firm February 28 Handover Deadline
Declaring 2026 as an "Action Year" for the Federal Ministry of Works, the Honourable Minister, Sen. Engr. David Umahi, has ordered the immediate removal of senior ministry officials following an inspection of the Mararaba-Keffi Expressway. During a Friday tour of the 43.65-kilometre corridor, the Minister expressed deep dissatisfaction with both the contractor, China Harbour Engineering Company (CHEC), and the ministry's supervising staff, citing uncoordinated delays and "fraudulent certification" of unexecuted works.
Minister Nyesom Wike Commends Tinubu and David Umahi Over Strategic Opening of Bodo–Bonny Road Maritime Bypass
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has expressed formal appreciation to President Bola Ahmed Tinubu and the Minister of Works, Senator David Umahi, following the temporary opening of the Bodo–Bonny section of the East–West Road. Speaking during a high-profile "thank-you" visit to Bonny Island on Thursday, January 8, 2026, Wike characterised the infrastructure as a "world-class" achievement that concludes decades of travel hardship for the region.
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FX MARKET SNAPSHOT
USD > NGN | 1,469.26 | Up by 0.28% |
GDP > NGN | 1,969.15 | Down by 0.03% |
EUR > NGN | 1,710.75 | Up by 0.03% |
CAD > NGN | 1,056.02 | Down by 0.01% |
Economy Watch
Nigeria Implements Total Wood Export Ban to Revive Local Furniture Industry in 2026
In a decisive move to industrialize the forestry value chain, the Federal Government of Nigeria has officially commenced the enforcement of a total ban on the exportation of raw and semi-processed wood for the 2026 fiscal year. The policy, spearheaded by the Federal Ministry of Industry, Trade, and Investment, is designed to halt the depletion of Nigeria’s forest reserves while mandating the local processing of timber into high-value furniture and finished wood products. Analysts predict that this shift could position Nigeria as a leading furniture hub in Sub-Saharan Africa within the next 24 months.
Quote of the day:
“Progress is rarely loud. Most of the work that truly matters happens quietly, through steady choices made every day.”
Produced by: Amarachi Okeke
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