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Wales ‘should get a lot more’ of UK’s rail cash

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The Welsh economy is losing out because of a lack of rail investment, a transport expert has said.

Prof Mark Barry said Wales should be getting a lot more money, but because spending was controlled from Whitehall, England was more of a priority.

The first minister said she was doing everything she could to get more cash for the country’s railways.

The Welsh Conservatives said Wales should be getting its fair share of HS2 funding.

The Labour UK government said investment was key to its priorities, but rail investment was run from the Department for Transport in London rather than the Welsh government.

Prof Barry, from Cardiff University, said that meant Wales was down the queue for cash.

He said: “We get about 1 to 2% of the funding available but should get a lot more.

“In an ideal world you’d be looking at 5 or 6% of the total UK investment in rail enhancement, but if you don’t invest in essential economic infrastructure – specifically in energy, transport and housing – then you can’t really expect your economy to turn a corner.”

He said the amount of cash Wales was asking for was tiny compared with what had already been committed to English railways.

“The TransPennine Express Group Upgrade is a £10bn capital programme over 15 years,” he said.

“In Wales we’ve worked up over the last five years £2-3bn in very good business cases for rail investment, and the challenge is how is that going to get funded?”

Earlier this year Welsh ministers confirmed they would not go to court to seek billions of pounds extra to spend following high speed rail investment in England
© PA Media

 

In recent years the biggest argument has been about extra funding for Wales from the HS2 project.

In opposition, Labour said the HS2 rail link should be an England only scheme and Wales should get money as a result.

First Minister Eluned Morgan said she had spoken to the UK chancellor about a dividend for Wales.

Opposition parties want to see Wales press for the cash, an estimated £4-5bn, which they have said would pay for much improvement.

Leader of the Welsh Conservatives, Andrew RT Davies MS said: “We need to make sure that happens so that we can spend it on infrastructure and improvement in our transport operations here in Wales, and that needs to happen, and we were told that it was a turning of the page if Labour came into government on 4 July.

“Well if that page is turned, let’s have that money, and let Eluned Morgan live up to what she’s professing to do, which is to stand up for Wales.”

‘Investment in Welsh rail’

But the UK government’s Welsh secretary Jo Stevens seemed to close the door on that idea when she was asked about it in Parliament earlier this month.

Plaid Cymru’s parliamentary leader, Liz Saville-Roberts, told the Commons: “The truth is that the railways are broken and Labour’s plan fails to address the chronic underfunding that is the cause, particularly in Wales.

“In 2022, the secretary of state – then the shadow secretary of state – said that it was ‘utterly illogical’ to designate HS2 as an England and Wales project, and called on the Conservatives to ‘cough up’ the billions owed to Wales.

“Will she cough up now?”

In response, Ms Stevens said: “We cannot go back in time and change the way a project was commissioned, managed and classified by the previous Conservative government.

“They need to accept responsibility for the chaos, delay and waste on their watch.

“What we can do though is work closely with our Senedd and local authority colleagues to develop and invest in transport projects that improve services for passengers right across Wales.”

In a statement, Ms Stevens’ department the Wales Office reaffirmed what she had said in the Commons and added: “Following years of neglect, this new UK government recognises the importance of investing in rail infrastructure in Wales.

“The Welsh secretary has already met with the transport secretary to discuss investment in Welsh rail.”

It added that Ms Stevens was working closely with the Welsh government to identify a range of improvements.

“Alongside this the transport secretary is currently carrying out a review of the previous government’s transport commitments which will ensure our transport infrastructure portfolio drives economic growth and delivers value for money for taxpayers.”

In just over a month, the Chancellor Rachel Reeves will deliver a Budget which is expected to set the course for what the government plans to do on investment.

 

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Soludo takes over Onitsha main market as IPOB declares compulsory sit-at-home

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The Governor of Anambra State, Prof Chukwuma Soludo has announced that his government will take over the running of Onitsha Main Market.

The governor had last Monday visited the market and also announced a one week closure over the continued adherence to sit at home protest by traders in the market.

The closure had generated a lot of tension, leading to protests by the traders, while the governor stuck to his gone, insisting that the market will remain closed for one week. He also held a meeting with the leaders of the market yesterday, where he presented them with two options.

Though it was a closed door meeting, which held at the Light House, Awka, a source in the meeting told THISDAY that the traders chose to open their shops on Monday, against an earlier option of demolishing and remodelling the market.

The source said: “The governor gave them two options. The first included; they will resume full trading activities on Mondays, mark attendance as required, while he regenerate and reorganise the market, demolish all illegal structures and plazas and create proper spaces and car parks. The second includes; To continue with Sit-at-Home on Mondays and risk the demolition of the market and use two-years for its reconstruction to restore it to its original master plan.

“The governor told them that restoring parking facilities in Main Market is an emergency, and any illegal structure erected at the park would be demolished soonest.”

It was gathered that the traders choose the first option, which will involve them opening on Monday, and giving the governor the go ahead to remove illegal structures to make way for wider roads in the market and restoring its packing space.

During the meeting, the governor told the traders that a committee will be set up to rectify all occupants of shops in the market, and that this will commence work soon, insisting that the government needs to know those who are trading in its market.

The governor was also said to have rejected a plea for the market to be opened on Saturday, insisting it can only be opened on Monday, when their compliance will again be re-accessed.

“The traders agreed to the terms, and will on Monday reopen the market to recommence business,” the source said.

Meanwhile, secessionist group, Indigenous People of Biafra (IPOB) has declared what it called Biafra-wide solidarity lockdown which is to hold on Monday in solidarity with Onitsha traders and to demand for Mazi Nnamdi Kanu’s immediate release.

A press release by the group’s publicity secretary, Mr Emma Powerful said the total shutdown across Biafraland is a direct, peaceful, and unified response to the shutting down of Onitsha Main Market for one week by Soludo.

The release said: “We remind Governor Soludo and his Abuja sponsors that the Monday sit-at-home originated as a peaceful protest demanding the unconditional release of Mazi Nnamdi Kanu, the very cause that has galvanized global attention to Biafra’s quest for self-determination.

“Attempts to twist this into “economic sabotage” or “criminality” will fail. The markets thrived during Christmas Mondays without incident, proving that voluntary compliance stems from genuine solidarity, not fear. Soludo’s escalation only exposes his desperation to provoke confrontation at a time when Biafra’s international profile is rising and diplomatic efforts are gaining traction.

“On Monday, February 2, 2026, we call on all Biafrans traders, transporters, banks, schools, civil servants, and every sector across Anambra, Abia, Imo, Enugu, Ebonyi, and beyond to observe this solidarity strike peacefully.

“Remain indoors, refrain from all commercial and public activities, and demonstrate to the world our disciplined resolve. This is not about disruption for its own sake; it is about standing with Onitsha traders who are being punished for demanding justice, and reaffirming that no governor can coerce free citizens into abandoning their rights or their solidarity.”

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BUA Chairman Is My Ex-Husband – Tinubu’s Minister Opens Up On Past Secret With Abdul Samad Rabiu

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Nigeria’s Minister of Art, Culture and the Creative Economy, Hannatu Musawa has opened up about her former marriage to BUA Group chairman Abdul Samad Rabiu, describing it as a meaningful and life-shaping experience.

In a conversation on the MIC On Podcast with Channels Television journalist Seun Okinbaloye, Musawa reflected on her bond with Rabiu, saying their connection has remained strong despite their separation.

She explained that their relationship has evolved into one grounded in family ties, mutual respect, and continued support.

Musawa shared that although they are no longer married, they remain close and involved in each other’s lives.

She also pointed out the lasting connection between their families, noting that her daughter, Khadija, was named after Rabiu’s grandmother, showing the enduring link between them.

The minister described her time with Rabiu as one of the most memorable periods of her life.

She stated that there is no bitterness between them and that she will continue to support him in his endeavors, maintaining respect and care for their shared history.

She said: “We love each other because you love your family, obviously. But Samad is my brother. He’s my family. That’s what he is. And I’m his sister and his family, too. The marriage of the greatest experiences I’ve ever had.

“He is my ex-husband, but we are still family. We juggle coming from a background where, once you’re joined together, you continue to participate in each other’s lives. And so, we were married, and now we are just family.

“My daughter Khadija was named after Samad’s grandmother.

“We continue to share a deep respect and a love, and more than anything, support for each other. I’ll continue to be his greatest cheerleader.”

Abdul Samad Rabiu leads BUA Group, a Nigerian conglomerate with investments in cement, sugar, and other industries, and is regarded as one of the country’s leading business figures.

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LIRS reiterates January 31st deadline for employers’ Annual Tax returns filing

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The Lagos State Internal Revenue Service (LIRS) has reiterated the statutory deadline of 31st January 2026 for all employers of labour in Lagos State to fulfil their statutory obligation to file their annual tax returns for the 2025 financial year.

In a statement issued on Thursday, January 19, the Executive Chairman of LIRS, Dr Ayodele Subair, reminded employers that the obligation to file annual returns is in accordance with the provisions of the Nigeria Tax Administration Act 2025 (NTAA).

Dr Subair explained that employers are required to file detailed returns on emoluments and compensation paid to their employees, as well as payments made to their service providers, vendors and consultants, and to ensure that all applicable taxes due for the year 2025 are fully remitted. He emphasised that filing of annual returns is a mandatory legal obligation, and warned that failure to comply will result in statutory sanctions, including administrative penalties, as prescribed under the new tax law.

According to Section 14 of the Nigeria Tax Administration Act 2025 (NTAA), employers are required to file detailed annual returns of all emoluments paid to employees, including taxes deducted and remitted to relevant tax authorities. Such returns must be filed and submitted not later than January 31 each year.

Dr Subair stated

“Employers must prioritise the timely filing of their annual income tax returns. Compliance should be part of our everyday business practice. Early and accurate filing not only ensures adherence to the law as required by the Nigerian Constitution, but also supports effective revenue tracking, which is important to Lagos State’s fiscal planning and sustainability.”

He further noted that in Lagos State, electronic filing via the LIRS eTax platform remains the only approved and acceptable mode of filing, as manual submissions have been completely phased out. This measure, he said, is aimed at simplifying and standardising tax administration processes in the State.

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