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Thursday, August 6, 2020

Road construction: Fashola receives N162bn Sukuk fund

By Perpetua Onuegbu Abuja, July 20, 2020 Mr Babatunde Fashola, Minister of Works and Housing, has received a sovereign Sukuk Symbolic Cheque of N162.557bn for the construction of roads across the country. Fashola was presented with the cheque on Monday in Abuja by the Minister...

Lagos section of Lagos-Abeokuta Expressway reconstruction set to begin

By Grace Alegba and Millicent Ifeanyichukwu Lagos, July 19, 2020 Hardship being experienced on the Lagos-Abeokuta Expressway may soon end as the Federal Controller of Works in Lagos, Mr Olukayode Popoola, announced work resumption on the Lagos section. The controller gave the assurance on Sunday...

FG to inaugurate Warri-Itakpe rail line, names station after former president

By Lucy Ogalue Abuja, July 18, 2020 The Minister of Transportation, Rotimi Amaechi has said that the Warri-Itakpe standard gauge rail line was set and ready for inauguration. Amaechi, while inspecting the Warri-Itakpe rail line on Saturday, also expressed satisfaction at the quality of work at...

Niger state govt warns contractors on compromising standard on road constructi

By Rita Iliya Minna, July 11, 2020 Niger government on Saturday warned contractors handling the rehabilitation of Maje-Kwamba road in Suleja against compromising with the quality and standard of the road. The News Agency of Nigeria (NAN) reports that Gov. Abubakar Bello of Niger had alerted...

FG, Lagos govt calls for motorists cooperation during third mainland bridge repairs

The Federal Government and Lagos State Government have appealed to motorists and Lagos residents to cooperate with government and appropriate agencies during the six months partial closure of the Third Mainland Bridge for maintenance work, which is expected to commence on July 24. Speaking during...

Nigeria raise $450 million of Islamic bonds to finance 41 roads infrastructure project

ABUJA, June 15 - Nigeria has raised 162.56 billion naira ($450 million) to help finance infrastructure projects through the sale of Islamic bonds to local funds and insurance companies, the Debt Management Office (DMO) said. The government had planned to sell 150 billion naira of...

FEC approves N115.5bn to build roads infrastructure

The Federal Government has said the Federal Fire Service responded to 2,615 fire calls, saved 724 lives and assets worth N1. 629 trillion between June and October 2019. Minister of Interior, Rauf Aregbesola, made the disclosure while briefing State House Correspondents on decisions reached at...

FG suspends refund for federal roads after approving N148bn to 5 states

The Federal Executive Council (FEC) has cancelled refunds for federal roads constructed by state governments across the country. The Minister of Information and Culture, Lai Mohammed, who briefed State House reporters after the third virtual cabinet meeting chaired by President Muhammadu Buhari, said any state...

Why FG suspended refund for federal roads after approving N148bn to 5 states – minister

The Federal Executive Council (FEC) has cancelled refunds for federal roads constructed by state governments across the country. The Minister of Information and Culture, Lai Mohammed, who briefed State House reporters after the third virtual cabinet meeting chaired by President Muhammadu Buhari, said any state...

Relief in Eti Osa as Sanwo-Olu flags off construction of regional road network

…Gov: ‘Project Is Manifestation Of Our Promise’ …Govt Sanctions Officials, Developers Who Compromised Road Alignments The journey to the second year of the Babajide Sanwo-Olu administration has taken off on a note of infrastructural drive. On Saturday, the Governor flagged off the construction of the...
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