THE Federal Executive Council, wednesday approved the award of a N155.7 billion contract for the road construction of a hybrid two-lane-six-lane road network that starts from Abuja that cuts through the heart of Northern Nigeria: Abuja-Kaduna-Zaria to Kano. This road project comes at a time when the administration has increased the pace of the completion of the Lagos-Ibadan expressway and ...

The Lagos State Government on Wednesday arraigned a brother of late founder of Guaranty Trust Bank (GTB) and property developer, David Olumide Aderinokun and a staff of the New Town Development Authority (NTDA), Balogun Adeniyi Abdul-Wakil before an Igbosere Magistrate Court over alleged conspiracy, forgery, stealing and property fraud on parcels of land in Lekki Peninsula estimated at 2678.068 square ...

Is real estate a good investment? With the right set of knowledge and skill, It certainly can be. I’ve seen many people secure a comfortable lifestyle by building a portfolio of real estate, and I’ve seen others lose their shirt, and everything else to go with it. It takes knowledge, skill, intuition, and guts to invest in real estate. If ...

The Lagos State Government through the State Traffic Management Authority (LASTMA) on Wednesday announced an immediate closure of a section of the recently burnt FESTAC Link Bridge. The closure, according to government, was as a result of expert advice by the State Ministry of Works and Infrastructure that the integrity of a section of the bridge was in doubt, and ...

Mr Saleh Dunoma, Managing Director, Federal Airports Authority of Nigeria (FAAN) has carried out an on-the-spot assessment of the ongoing work on the runway of the Akanu Ibiam International Airport, Enugu. A statement by FAAN General Manager, Corporate Affairs, Mrs Henrietta Yakubu, said on Wednesday in Lagos that Dunoma was accompanied on the inspection visit by a team of engineers ...

Ten passengers in a commercial bus travelling to Ibadan in Oyo State were confirmed dead in an accident when the bus collided with a truck on Abeokuta/Ibadan Road in Ogun. Mr Babatunde Akinbiyi, the Public Relations Officer (PRO), Traffic Compliance and Enforcement Corps (TRACE), confirmed the incident on Wednesday in Abeokuta. Akinbiyi said that the truck driver only sustained an ...

The Minister of Finance kemi Adeosun  was challenged on Tuesday by the senate on Federal Government’s persistence on passing the 2018 Budget in January when less than 50 per cent of the 2017 budget was only implemented. The upper chamber also expressed their opposition as to why the 2017 Budget had no correlation with the 2018 Budget. They insisted the ...

A former Senate President, Senator David Mark, yesterday said the accusations by the Economic and Financial Crimes Commission (EFCC) or any other government that he purchased his N748 million Apo Residential House illegally were  spurious, contrived and baseless. He said the EFCC or any other agency were chasing shadows in probing how he bought his house. He insisted that he ...

 A peaceful protest was carried out by the workers of the National Arts Theatre, Iganmu on Tuesday to protest against the proposed sale of the national monument and other Federal Government facilities. The workers expressed their opposition to the proposed sale of the national assets by carrying placards with various inscriptions round the city. The  workers blamed the dwindling fortune ...

The Federal Ministry of Power, Works and Housing (FMPWH) reported that the Apapa-Wharf Road construction in Lagos State has only achieved 10% completion. The project execution was delayed due to the presence of gas pipes and other utilities in the road’s Right of Way(RoW) said Mrs Olukorede Keisha, an FMPWH engineer supervising the project on Tuesday at the project site. ...