News
Building Connections – The Value of Our Transport Networks

By Tobechukwu Okigbo
Over the years, embarking on road trips across Nigeria has provided me with some of the most fulfilling and memorable experiences of my life.

Tobechukwu Okigbo, Chief Corporate Services Officer of MTN Nigeria.
Our country is blessed with natural and beautiful landscapes, local cultures, languages and architecture that change as you move through the states or geo-political zones.
It’s only when you travel like this that you experience the richness of our diversity, providing a much-needed perspective and deeper understanding of our country.
When you can’t see a country for what it really is, then you are especially vulnerable to the manipulation of more radical elements.
Travelling through these places gives one a direct connection to them, and it is those connections that are so important to our cohesion.
Unfortunately, the option to travel by road is more limited today than it has been in the past, especially taking into consideration the prevailing security challenges.
Nigeria currently is quite low in the global ranking of road networks to people ratio, with many important roads in various state of disrepair.
This has an impact, not only on our individual ability to explore and understand our nation, building connections between us, but on our economy; limiting domestic trade, commerce and tourism, driving up costs and so reducing our competitiveness.

In turn, this impacts productivity, employment and puts a brake on improvements to living standards.
When a farmer struggles to get his produce to the market, the quality of the produce available to the consumer is lower and costs more.
When a petroleum marketer needs to move product from Lagos to Kano, the time it takes is a direct input into the price differentials we see across the country.
When it takes longer for a can of Coca-Cola to navigate the roads in the East, then it costs more for the consumer when it gets there.
When tourists fly into major cities but are unwilling to brave our roads and cannot explore our regions, we lose not just income, but the ability to share our culture and heritage with others.
At a very human level, poor roads contribute to unnecessary accidents and deaths.
The Federal Road Safety Corps (FRSC) estimates that 3,700 people lost their lives in the first ten months of 2022, and road quality is one of the top-ten causes of those accidents.
These challenges are not new, and the impact is understood by the government.
The Senate has estimated that Nigeria loses over N1 trillion in annual revenue due to bad roads, revenue which is critical to us as a nation.
The Federal Roads Management Agency (FERMA) estimates that the cost of loss in man-hours due to traffic caused by poor roads is N1.02 trillion every year.
This is before we consider the additional costs associated with price inflation that Nigerians and Nigerian businesses have to absorb.
Many will put the responsibility to fix roads solely on government. Besides, what are the governments at various levels doing if they cannot fix the roads.
Indeed, in fairness to the current administration, a lot of work has been done in both road repairs and the construction of new ones.
But the truth is, the expectations are very high. However, the reality is that the government alone cannot fix all the roads.
They only have to be strategic and take the lead on an integrated approach to providing motorable roads to the citizenry, which is why in recognition of the importance of improving our road infrastructure, the Nigerian government conceived and launched the Road Infrastructure Tax Credit (RITC) in 2019, a tax incentive programme to crowd in private sector finance for road construction, maintenance and repair.
It is designed to accelerate the investments that can be made to improve the network of roads in the country.
The government recognises the severity of the funding gap that exists, and that partnerships are required to deliver better roads, faster.
Not only does the RITC programme mobilise additional funding, it ensures that public budgets can be allocated to other equally pressing development priorities.
When done well, with proper planning, design and monitoring, these programmes attract significant private sector support and deliver impressive results.
Recognising that the RITC programme encapsulates everything that we at MTN call shared value, we are proud to have marked the 20th anniversary of our operation in Nigeria in 2021, by successfully bidding to reconstruct the 110km dual carriage Enugu-Onitsha expressway.
There is no better way of demonstrating the strength of the partnership between MTN and Nigeria, than by directly contributing to a project that benefits the government, business and the people by improving people’s ability to connect.
It is a tangible manifestation of our belief that “We’re good together” and an extension of our purpose to enable the benefits of a modern connected life to everyone.
MTN will invest N202.8 billion in the rehabilitation of the road, receiving tax credits of the equivalent value that it can use to offset future tax liabilities.
Work has already commenced on the road with a delivery schedule that anticipates people will be able to use it within 18 months.
We fully understand the strategic importance of the Enugu-Onitsha road to the eastern economy and Nigeria at large.
For us, the completion of the rehabilitation of the expressway is more than fixing a road. It is more than a road; it is connecting people and opening an economy.
It is about creating memories for people to appreciate the beauty of our land.
I am incredibly excited at the potential of this partnership to embed a culture of collaboration between the public and private sector in Nigeria.
It is not just MTN that recognises this opportunity. The strong design of the RITC is evidenced in the range of other private sector partners that are joining the programme.
By working together, we can accelerate progress towards national development goals, make life easier for Nigerians and improve the prospects for all businesses, large and small.
Personally, I look forward to driving on the Enugu-Onitsha expressway, to re-ignite my passion for road trips, and seeing the vibrant beauty that is Nigeria.
It is not just about fixing a road; it is about accelerating connectedness and building lasting partnerships.
We’re good together!
Okigbo is the Chief Corporate Services Officer of MTN Nigeria.
News
UK–Nigeria Skills and Schools Trade Mission Concludes with Strong Foundations for Education Partnership

A high-level UK delegation has concluded a week-long skills and schools trade mission to Nigeria, marking a significant step forward in education and skills cooperation between the two countries.

Running from 19-23 April 2026 across Abuja and Lagos State, the mission brought together leading UK private schools, skills providers, and education institutions with Nigerian partners, schools, and the Honourable Minister of Education Dr Tunji Alausa.
The mission follows the high profile and well received state visit to the UK in March, which also included education engagements. Supported by the UK’s Department for Business and Trade (DBT), the mission forms part of its new International Education Strategy, under which Nigeria has been identified as one of five priority education markets, spearheaded by Professor Sir Steve Smith, who is looking forward to visiting the country again this year.
The mission focused on in-country delivery of education, the establishment of world-renowned UK schools in Nigeria, and the development of skills and Technical and Vocational Education and Training (TVET) systems aligned with industry demand.
In Abuja, the delegation met with Nigeria’s Honourable Minister of Education, Dr Tunji Alausa, securing strong political backing for UK–Nigeria education partnerships and set the groundwork for ongoing institutional collaboration across both schools and skills.
In Lagos, delegates engaged further with potential partners and investors. In both cities the delegation was thrilled to visit local British curriculum schools and colleges to further enable them to experience first-hand the teaching and learning environment.
British Deputy High Commissioner, Jonny Baxter, said: “The UK and Nigeria share a deep and longstanding relationship, and opportunities in education are one of its most exciting frontiers.
“This mission has demonstrated the strong appetite on both sides to deepen collaboration in education and skills.”
“By bringing together UK schools and skills providers with Nigerian partners and policymakers, we are laying the foundations for even more long-term partnerships that support Nigeria’s education priorities, strengthen skills aligned to industry needs, and create opportunities for sustainable, in-country delivery as well as positioning Nigeria as the regional hub for high quality education.”
DBT Head of International Education, Sarah Chidgey, said: “This mission is a perfect example of the International Education Strategy being put into action, building on multiple two-way visits and the UK and Nigeria’s warm relationship. It has been heartening to see all the progress in UK Nigeria education collaboration since my first visit to Nigeria, as part of a wider delegation, in 2022.”
DBT’s mission concluded with a strong pipeline of follow-up activity, including targeted one-to-one meetings, MoU discussions, and agreed next steps between UK and Nigerian counterparts.
News
Tinubu Seeks Senate Approval for $516m Sokoto-Badagry Highway Loan

President Bola Tinubu has requested Senate approval for a $516.3 million foreign syndicated loan to fund key sections of the Sokoto-Badagry superhighway, a cornerstone of his Renewed Hope Agenda.

Tinubu
In a letter read by Senate President Godswill Akpabio during Thursday’s plenary, Tinubu invoked Sections 16 and 21 of the Debt Management Office Act, 2011, to secure financing via Deutsche Bank AG for Sections 1, Phase 1A, and 1B. The 1,000-kilometre project will span Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos states, linking Illela to Badagry and boosting trade, connectivity, and goods movement.
The nine-year loan, with a three-year grace period and interest at SOFR plus 5.3 per cent, includes a partial risk guarantee from the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC). The Federal Government will provide over ₦265 billion in counterpart funding for land acquisition and infrastructure.
Akpabio referred the request to the Senate Committee on Local and Foreign Debts for a one-week turnaround report. He endorsed the borrowing, stating it advances road safety and national integration.
The highway aims to cut travel times and stimulate economic corridors, with the Federal Executive Council already approving the plan.
News
Karex, World’s Top Condom Maker to Hike Prices due to Iran war

Karex, world’s largest condom maker, plans to raise prices by up to 30 percent due to supply disruptions linked to the Iran war.

This means that safe sex could get more expensive if the war continues to disrupt global supply chains, according to Goh Miah Kiat, CEO, Karex.
Kiat told old Reuters that rising freight costs and shipping delays have increased demand and forced the company to pass costs to customers.
Broader supply chain issues and higher oil prices could impact many everyday products that rely on petrochemicals.
“The situation is definitely very fragile, prices are expensive… We have no choice but to transfer the costs right now to the customers,” Goh told Reuters.
Karex joins a growing list of companies that are bracing for supply chain disruptions amid the ongoing war in Iran.
Based in Malaysia, Karex produces condoms, personal lubricants, gloves, medical catheters and probe covers.
The company manufactures male latex condoms including ONE, Trustex, Carex and Pasante, and it can produce over 5 billion condoms annually. Karex also exports to more than 130 countries, according to its website.
“We’re seeing a lot more condoms actually sitting on vessels that have not arrived at their destination but are highly required,” Goh said.
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