Gov. Udom Emmanuel of Akwa Ibom, has donated N200 million for the renovation of Wellington Bassey Barracks, Ibagwa in Abak Local Government Area of the state. Emmanuel made the donation at the 2017 West African Social Activity (WASA) held in the barracks on Saturday. The governor expressed his appreciation to the Nigerian Army for its contributions in providing the security ...
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Business man places 3 houses on auction over N137 million debts
A business man, Hon Abayomi Olufemi, has asked the Abuja High Court for an order to auction three houses in Abuja belonging to the Zamfara State government over non-payment of N137 million debts. The houses are situated at No. 4, Zangha Street, off Mississipi Street, Maitama, and at the Ground Floor, NDIC Quarters, Federal Housing, Limpopo Street, Maitama, Abuja, respectively. ...
Read More »Lagos State seals RCCG over illegal development of structure
The officials of the Lagos State Building Control Agency, (LASBCA), have sealed the zonal headquarters of the Redeemed Christian Church of God (RCCG), under construction in Ajegunle, a hotel in Ikeja and 6 other buildings over illegal development of structures and for breaking government seal. The operation was led by the General Manager, LASBCA, Engr. Olalekan Shodeinde. Officials of the ...
Read More »Infrastructure in Nigeria will take a new turn in few years- Osinbajo
The federal government has said that its newly launched Economic Recovery Growth Plan (ERGP), focus lab would help the country attract $24 billion worth of investments in few years, saying 80 per cent of the amount is expected to come from the private sector of the economy. Vice President, Professor Yemi Osinbajo disclosed this on Thursday in Agbara, Ogun State ...
Read More »Real estate investors reacts to the new land use charge law
Real estate investors and developers have faulted the new land use charge law Lagos State passed recently by the state’s house of Assembly, saying it is anti-property investment. The new Land Use Charge Law (LUCL) 2018, which applies to real and landed property in the state, seeks to consolidate all property and land-based rates/charges into a single property charge and ...
Read More »Federal Government vows to expose properties of tax debtors
The federal government declared in Enugu on Thursday that it had compiled data on property, bank accounts, shareholdings and other income sources of individuals and corporate entities, warning that there would be unsavoury consequences for those who failed to regularise their tax status. Minister of Finance, Mrs. Kemi Adeosun, spoke at the commencement of the sensitisation campaign on the Voluntary ...
Read More »Borno suspends 7 major road constructions due to Boko Haram attacks
The Boko Haram insurgency has continued to take a toll on Borno State as seven major road constructions have had to be suspended. Due to the insurgency which at its peak had 22 of the 27 local governments of the state overran by the terrorist groups, several billions of naira were lost as a result of massive destruction of infrastructure ...
Read More »NSE appeals for partnership with Lagos on infrastructure development
Mr Akin Akintola, Chairman, Ikeja Branch of the Nigerian Society of Engineers (NSE), has solicited partnership with the Lagos State Government to enhance infrastructure development in the state. Akintola made the appeal in an interview with the News Agency of Nigeria (NAN) on Thursday in Lagos. He said that the professional body was willing and ready to collaborate with the ...
Read More »Federal Government insists on investing N1.3 trillion in infrastructure
The Federal Government says it is committed to investing about N1.3 trillion annually on capital projects to bridge the infrastructure gap needed to attract investments into the country. The Minister of Finance, Kemi Adeosun, who disclosed this in Abuja on Tuesday, said government’s commitment to solving the infrastructure development challenges in the economy was firm. The minister was speaking in ...
Read More »President Buhari promises to attract foreign investors to Nassarawa
President Muhammadu Buhari has said the Federal Government will site many projects in Nasarawa State to attract foreign investors in the country. The president stated this on Tuesday in Lafia during a one-day working visit to commission various projects built by the federal and state governments in various locations in the state. He said “Considering the proximity of Nasarawa State ...
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