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Contractors lament lack of funds for road projects

road projects

The Minister of State for Works, Power and Housing, Mustapha Shehuri, has said the Federal Government does not have the financial capability to fund all road projects. Shehuri stated this while inspecting the Auchi-Okenne section of the Benin-Abuja Highway, where the contractor handling the road projects attributed the slow work on the road to insufficient fund. The Project Manager of ...

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Ex-NDDC director loses property worth N1.8bn to EFCC

NDDC

A Federal High Court in Lagos orders the final forfeiture of properties linked to a former NDDC executive director The properties are forfeited to the Economic and Financial Crimes Commission (EFCC) – The report lists the affected properties and their locations This is not the best time for Tuoyo Omatsuli, a former executive director of the Niger Delta Development Commission ...

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Demolition: Ikorodu Landlords seek Compensation from FG

landlords

Landlords in Igbogbo-Baiyeku in Ikorodu, whose houses were demolished for road construction, have appealed to the Lagos State Government to hasten compensation. They said their houses were demolished in December 2017 to pave way for the rehabilitation and expansion of roads in the Ikorodu West and Igbogbo/Baiyeku Local Development Council Areas. They told newsmen in Ikorodu on Saturday that payment ...

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Over 50,000 Nigerians are now engaged in 127 construction sites– Fashola

Nigerians

The Minister of Works, Power and Housing, Babatunde Raji Fashola, has disclosed that over 50,000 Nigerians are now engaged in 77 works and 50 housing construction sites across the country, while only 277 foreigners are working in the sites. According to Fashola, the figures are contained in the “Inception Report” the Ministry of Works, Power and Housing recently commissioned to ...

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NIESV tasks newly inducted associates on best practices

NIESV

The Nigerian Institution of Estate Surveyors and Valuers, (NIESV) has urged new associates inducted into practice, to internalize reputable standards and integrity in all transactions with clients. President of NIESV, Mr. Rowland Agbonta gave the charge at the 2018 induction of 260 associates who were welcomed into the profession in Lagos. He said the induction is not about individual personality ...

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Housing corporations can help reduce accommodation problems — Experts

Experts

Experts in the built environment have said that if encouraged to grow, housing corporations could help to reduce the country’s homeownership problems. They said that the housing corporations should be considered as critical part of the solutions especially for intervention in a formal rental housing tenure. The Managing Director, Family Homes Fund, Mr. Femi Adewole, stated that it had become ...

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FG plans to explore public-private partnership in road construction

FG

The Federal Government (FG) has said it is considering Public-Private Partnership (PPP) option in the funding of roads construction across the country. The minister of State for Power, Works, and Housing, Mustapha Shehuri, disclosed this on Thursday during the inspection of the dualization of Benin-Auchi-Okene end of the Lokoja-Abuja road. “Government is looking for other sources of funding for road ...

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Niger Govt. approves N10bn for road construction, rehabilitation

Niger road construction

The Niger Government has approved over N10billion for the construction and rehabilitation of some roads in the state. The Commissioner for Works and Infrastructural Development, Alhaji Ibrahim Balarabe, disclosed this on Thursday to newsmen after the end of the meeting of the state executive council in Minna. He said, “Nine memoranda were considered and approved by the executive council. “And ...

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2nd Niger Bridge slated to completed by 2022

2nd Niger bridge

The much-anticipated completion of the 2nd Niger bridge has been slated for February 2022. This was confirmed by the project financing partner, the Nigeria Sovereign Investment Authority (NSIA), and the bridge builder, Julius Berger, during a joint facility tour of the authority and traditional rulers from both Onitsha and Asaba. The tour had afforded the parties the opportunity to inspect ...

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Instagram follower trolls African China for showing off his house

African China

African China shared photos of a house he is currently building. When a troll asked him to stop showing off the building until it is completed, African China replied…   African China Showing off his house READ ALSO: Homes to hotel conversions stir controversy in housing market READ ALSO: Doctors protest NMA’s alleged attempt to extort them for building construction ...

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