Power distributors have declared that they are no longer responsible for the provision of meters to electricity consumers across the country. It was also gathered from the Discos that the monetary shortfall in Nigeria’s power had risen to over N1.4tn despite the marginal improvement in revenue collection by the electricity distributors on behalf of the industry. Data obtained in Abuja ...
Read More »Yearly Archives: 2019
Breaking news: Another building collapses in Lagos Island
A three-storey building has reportedly collapsed in Kakawa street, Lagos Island on Monday. According to a resident of the street, no one was trapped because the building was marked for demolition and occupants had vacated. The collapsed structure, however, affected a bungalow with three occupants. Details shortly…. READ ALSO: Lagos Govt. sets up panel to investigate Ita Faji ...
Read More »Niger Govt. approves construction of 750 bed capacity hostels in tertiary institutions
In a bid to solving the acute accommodation challenges in all the tertiary institutions in Niger state, Government has approved the construction of new set of hostels in all the institutions. The project which will be in phases will kick-start with the construction of new blocks of hostels at the state-owned Ibrahim Badamasi Babangida University, IBBUL and Justice Fati Lami ...
Read More »Heavy rain renders over 1,000 residents homeless in Delta community
Residents of Oghara in Ethiope West Local Government Area of Delta State were yesterday caught unawares as what began as early morning showers suddenly became torrential rendering many homeless. Over 1,000 residents were rendered homeless, following the downpour yesterday morning that lasted over one hour. Areas affected include; Chief Eyaufe street, Lucky street by Omimi road, Okuemeva extension, Ibori road, ...
Read More »Lekki residents seek FG’s collaboration with LASG to ease State roads
The Lekki Estate Residents and Stakeholders Association (LERSA) have called on the Federal Government to grant Lagos State a special city status and allocate one per cent of the nation’s budget to its development. The President of LERSA, Olorogun James Emadoye said that this had become necessary given the fact that the state is a commercial hub and a mega-city. ...
Read More »Ekiti commences work on N8.9bn boundary road
The Ekiti State Government has begun work on the construction of Ado-Osun State boundary road valued at N8.9bn. Governor Kayode Fayemi began the construction work on Thursday by formally handing over the first phase, the new Ado – Iyin Road construction project, to the Chinese Civil Engineering Construction Company Nigeria Ltd to commence work on the road which was originally ...
Read More »Real Estate Bargain Shopping: How to find good deals
Real estate investors, along with the rest of society, are what you may consider conscious consumers. Every time a truly good deal presents itself, investors would be hard pressed to pass it up. After all, a real estate bargain presents the perfect opportunity to maximize profits. The cheaper you can acquire a property, the more attractive the ROI (return ...
Read More »Manufacturers urge FG to fix infrastructure
Manufacturers in the real sector have urged government across all levels to improve the quality of infrastructure in the industrial areas. The operators in a chat with our correspondent argued that the industrial sector depends heavily on constant power for production and good road network to facilitate logistics, stressing that all of these issues affect competitiveness of the real sector. ...
Read More »Delta House of Assembly approves N7.9b for road construction, Delta Line
Delta State House of Assembly has approved a short term loan facility of N7.9 billion for Governor Ifeanyi Okowa to finance road construction and well as purchase buses for Delta Line Transport Services. Governor Okowa in a letter read by the Speaker, Hon. Sheriff Oborienwori said there was an urgent need for the state government to support some of its ...
Read More »Fire destroys building, vehicles in Lagos
A midday inferno, on Thursday, razed a building on No. 15 Adebiyi Street, Magodo Phase 1, Lagos State, destroying properties worth millions of naira. According to eyewitnesses, the fire started around noon and razed two flats on the upper floor of the one-storey building. The inferno could have wreaked more havoc but for the timely intervention of the men of ...
Read More »