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Post-Insurgency: Craftec Homes, Obtuse Tec, others to invest N10 billion into Borno Infrastructural Renaissance

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Post-Insurgency: Craftec Homes, Obtuse Tec, others to invest N10 billion into Borno Infrastructural Renaissance

Post-Insurgency: Craftec Homes, Obtuse Tec, others to invest N10 billion into Borno Infrastructural Renaissance

By Our Reporter

As part of efforts to key into Governor Babagana Zulum’s 25-year “Development Plan’’ that would drive stabilization, boost recovery efforts and stimulate growth across all sectors and the 10- Year Transformation Strategy that was unveiled in November 2020 by the Borno State Government, Craftec Homes ltd, Obtuse Tec Engineering and Construction ltd is to partner with TAJ Bank, First City Monument Bank, FCMB and other business developers to invest about N10 billion in Jere Local Government Area and Maiduguri Metropolitan Council, MMC.

This was disclosed on Tuesday at Conference Hall, Prime Lodge, Maiduguri by the Project Manager of Craftec Homes ltd, Engr Grema Hamzah while unveiling ‘Borno Corporate Infrastructural Renaissance’.

He said the over-decade atrocities posed by insurgents and their attendant consequences of destruction require private investors and other development partners to support the Government in the post-insurgency era, so as to provide critical infrastructures and create job opportunities for the teaming youths in Borno.

To this end, Engr Hamzah observes that Maiduguri city’s population is growing due to rural-urban migration, and this trend is likely to continue, which is, in turn, a substantial motivation for infrastructure growth.

“Maiduguri City which is now peaceful continue to witness a rapid expansion of financial service providers, Information Technology, IT and financial technology Enterprises, as well as an increase in the number of relatively high-income buyers and tenants who require more high-quality commercial centres.

“Therefore, these companies are willing to invest in Commercial Joint Infrastructure to the tune of N10 billion. The investment will start with four Mega structures to include; Tech Mall, Renaissance Mall, Craftec Shopping Centre each with (A four-storey building with a mixed-use centre consisting of retail space and A-grade offices along the famous Ahmadu Bello Way, in addition to Exquisite Mall (A six-storey building with mixed-use Centre consisting of retail space and A-grade offices at Circular Raid, all in Maiduguri.

“The Borno Corporate Infrastructure Renaissance is a 100% transactional platform to develop projects, at-risk deals, fast track the closure of deals, and improve the business environment for investments to thrive. 

“Craftec Home is not alone in this business, as we are on this platform together with our co-partners, Obtuse Tec Engineering and Construction ltd, Otec MFM, TAJ Bank and FCMB. This is aimed to fast track investments, creating wealth and unleash prosperity for Borno people”. He said.

In his keynote address, Member House of Representatives, Jere Federal Constituency, Hon, Engr Ahmed Satomi who was the former Chairman of Obtuse Tec Engineering and construction ltd, said, as a Board member of the company, this initiative is apt and timely, as it will provide an opportunity to about 70% of Global System for Mobile Communications (GSM) marketers who are mostly youths across the state.

Satomi pointed out that, depending on government alone is no longer visible considering the dwindling economy, adding that, with this new development, more jobless people in Borno would be taken out of the streets and become economically self-reliant.

The Lawmaker called on well-to-do individuals, and business partners to embrace this new initiative and invest heavily to develop Borno economically.

Also contributing, the Managing Director, Obtuse Tech, Engr Umar Lawan, said his construction company, was established in May 2013, which is an indigenous firm that specializes in civil engineering works and services such as infrastructural development, roads and drainage, bridges, solar installation, import and export of general civil engineering design and other related jobs.

He added that, in 2020, the company after its Annual General Meeting, AGM, decided to diversify into three sectors; Agriculture, Aviation and Banking.

“Today is another milestone in partnering with Craftec Homes to showcase our capacity in Corporate Commercial Infrastructure Development, CCID.

“We are also partnering with Otec, Financial Tech Micro Finance Bank where our core target is to fill in the 39 million gap of non-inclusion in Northern Nigeria”. Engr Lawan stated.

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European Union Commits €22m to Accelerate Nigeria’s Fibre Network Under BRIDGE Project

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European Union Commits €22m to Accelerate Nigeria’s Fibre Network Under BRIDGE Project

By: Michael Mike

The European Union has pledged €22 million in grant funding to support Nigeria’s large-scale fibre-optic expansion, reinforcing the Federal Government’s drive to transform the country’s digital backbone.

The grant, announced in Abuja on Wednesday, will be channelled through the European Bank for Reconstruction and Development (EBRD) and on-granted to the Federal Ministry of Communications, Innovation and Digital Economy for implementation of the government’s Project BRIDGE initiative.

The EU funding will sit alongside an €86 million loan from the EBRD’s own resources, pending final approval. The operation represents the EBRD’s first major sovereign financing in Nigeria since the country formally became a shareholder of the bank last year.

Minister of Communications, Innovation and Digital Economy, Bosun Tijjani described the agreement as a decisive step toward delivering the BRIDGE project within schedule, noting that Nigeria’s digital transformation agenda depends heavily on robust and inclusive broadband infrastructure.

He said the partnership reflects growing confidence in Nigeria’s digital roadmap and expressed optimism that 2026 would mark a year of tangible progress in cooperation between Nigeria and the EU.

EBRD President, Odile Renaud-Basso, who is on an official visit to Nigeria, said the bank was proud to collaborate with the EU to expand digital infrastructure in Africa’s largest economy. She noted that the technical cooperation embedded in the financing is structured to crowd in private capital while ensuring secure, resilient and inclusive connectivity.

EU Ambassador to Nigeria, Gautier Mignot, underscored the strategic importance of digital networks to both Nigeria and the EU, stressing the need for trusted, high-integrity infrastructure built to international standards.

Project BRIDGE aims to deploy 90,000 kilometres of fibre-optic cables nationwide through a Special Purpose Vehicle (SPV) that will be capitalised with sovereign loans and private sector participation. In addition to the EBRD financing, the Federal Government is expected to receive support from the World Bank and the African Development Bank.

The EU’s €22 million package combines technical assistance with investment support to speed up project preparation and strengthen implementation capacity. It will fund low-level design work for about 40,000 kilometres of the planned network, including route mapping, crossing surveys, digital planning, quality assurance and security risk assessments aligned with global best practices.

Officials said this groundwork would provide the SPV with a ready-to-execute blueprint, enabling immediate rollout once financing arrangements are finalised and the vehicle is established with at least 51 per cent private sector ownership.

Beyond infrastructure, the grant is expected to deepen Nigeria’s digital skills base. About 2,000 technicians will receive specialised training, while small subcontractors will gain access to pooled procurement systems and equipment subsidies designed to reduce entry barriers.

Authorities estimate that these measures could lower deployment costs by between 20 and 30 per cent, while promoting adherence to Nigerian and EU quality standards and encouraging participation of European technology suppliers in the fibre supply chain.

The intervention forms part of the EU’s broader Global Gateway strategy, which supports investments in digital infrastructure, public services and human capital development across partner countries.

For Nigeria, the partnership signals renewed international backing for its ambition to build a resilient, open-access broadband network capable of driving economic growth, innovation and digital inclusion nationwide.

European Union Commits €22m to Accelerate Nigeria’s Fibre Network Under BRIDGE Project

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Troops repel insurgents, neutralise suspected informant in Borno

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Troops repel insurgents, neutralise suspected informant in Borno

By: Zagazola Makama

Troops of Operation Hadin Kai have repelled suspected insurgents and neutralised a suspected informant during operations in Ngamdu area of Borno.

Military sources said the action followed signals intelligence indicating that suspected Boko Haram elements were massing.

At about 2:30 a.m. on Feb. 18, troops carried out a fire mission on the identified area, forcing the insurgents to disperse and abort their suspected plan.

Shortly afterward, at about 3:45 a.m., troops engaged and neutralised a suspected insurgent informant who attempted to breach the trench defensive position in Ngamdu.

Sources said the troops immediately conducted a search of the surrounding area after the encounter but made no further contact with fleeing suspects.

Troops repel insurgents, neutralise suspected informant in Borno

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Yobe: Troops Disperse Terrorists, Arrest Five Suspected Arms Smugglers

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Yobe: Troops Disperse Terrorists, Arrest Five Suspected Arms Smugglers

By: Zagazola Makama

Troops of Operation Hadin Kai have disrupted a suspected terrorist gathering and arrested five suspected arms smugglers during separate operations in Yobe State.

Security sources said that at about 6:21 p.m. on Feb. 17, troops conducted a fire mission following credible intelligence that terrorists were converging in large numbers on motorcycles at Mangari, about 10.6 kilometres from the location of the 135 Special Forces Battalion in Buratai.

The swift action forced the insurgents to disperse in disarray, effectively disrupting their suspected plans.

In a separate development, troops of the Forward Operating Base (FOB) Potiskum apprehended five suspected arms smugglers and abductors at about 4:30 a.m. on Feb. 18 at a checkpoint along the Gombe–Potiskum road.

Those arrested included a 41-year-old suspect, Baba Abare, who was found in possession of an AK-47 rifle, alongside four others identified as Idris Zakari, 33; Nasiru Aliyu, 25; Abdullahi Sulaiman, 35; and Mohammed Idris, 34, all said to be indigenes of Potiskum town.

The suspects were intercepted in two Golf Wagon vehicles bearing registration numbers Borno NGL-506XA and Kaduna DKD16-01.

They were disarmed and handed over to appropriate authorities for further investigation.

Yobe: Troops Disperse Terrorists, Arrest Five Suspected Arms Smugglers

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