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Nigeria Needs N23billion Annually To Develop Its Infrastructure – Official

Infrastructure financing

An official has said that Nigeria needs N23 billion annually to meet its infrastructure financing needs. Adekunle Oyinloye, the Chief Executive of The Infrastructure Bank, TIB, who disclosed this at a press conference in Lagos at the weekend, said that infrastructure decay in the country was massive and required huge funding. He said that the Federal Government, through the National ...

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Lekki Residents Want Alternative Routes Ahead Of Mall Operations

Lekki residents want alternative routes ahead of mall operations

The residents of the 10 estates around Jakande Roundabout in Lekki, Lagos State, said RMB West Port, owners of Circle Mall, should provide them alternative routes before it opens its mall on December 17. The residents from the 10 estates from the area said that this would enhance effective traffic control. They told the News Agency of Nigeria in Lagos ...

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Ondo Generates N10billion IGR, Enforcing The Enacted Land Use Act

Ondo Generates N10billion IGR, Enforcing The Enacted Land Use Act

The Chairman of Ondo State Board of Internally Generated Revenue, IGR, Akin Akinsehinwa, said on Sunday that the state generated not less than N10 billion between January and November. Mr. Akinsehinwa, who disclosed this to the News Agency of Nigeria in Akure, said that the amount was 85 per cent of the amount targeted for the year. He said that ...

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Arase Lauded For Transforming The Police With Various Welfare Packages Including Housing

Arase Lauded For Transforming The Police With Various Welfare Packages Including Housing

The Publishers of the Lifestyle magazine, Genesis International have named IG of police, Mr. Solomon Arase the Genesis Magazine’s “Man of the year for 2015”. During a briefing, the publisher, Dr. Yomi Agababiaka, while urging other members of the force to emulate the IGP’s dedication to duty observed that the choice of Arase as its “Man of the year for ...

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Akwa Ibom gets Buhari’s nod to construct Federal roads, awarded N100 billion road contracts

Akwa Ibom state works commissioner, Mr. Ephraim Inyang-eyen has told Premium Times that the Akwa Ibom State Government has awarded road contracts worth over N100 billion during the first six months Governor Udom Emmanuel’s administration. Already, Mr. Inyang-eyen said the governor has received the approval of President Muhammadu Buhari to construct Federal Government’s roads in the state. “The road contracts ...

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Top 10 iconic places in the World

Iconic places

This article talks about the top 10 iconic places in the world. What makes these places iconic? Read this piece to get answers There are many iconic places in the world; places that stand out and arouse scintillating memories in your senses. In other words, some places are just out of this world. Below are the top 10 iconic places ...

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Fayose raises prices of sands and gravels

Landlords sue Ayo Fayose

Ekiti State Governor, Ayodele Fayose, has raised the prices for raw materials for construction such as sands and gravels in an attempt to settle the prolonged crisis over the new tax regime imposed on tippers owners in the state. With the development, the price of a tipper-load of sand has moved from N12,000 to N14,500 while the new approved price ...

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Not all cheap homes are good bargains

Cheap homes

Some of us live in ridiculously cheap homes; apartments and houses we would never had thought we would buy or rent at the price we got them. However, what we fail to realise at that instant, probably due to the excitement of getting a new place to live at an amount entirely below your budget is that the house came ...

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Buhari To Discuss Power Projects, Railway With Chinese Leader In South Africa

Buhari To Discuss Power Projects, Railway With Chinese Leader In South Africa

President Muhammadu Buhari will be in South Africa, Thursday to participate in the Forum on China/Africa Cooperation (FOCAC) taking place in Johannesburg, December 4-5. A statement by the Senior Special Assistant to the President, Garba Shehu, said the President Buhari would at the forum follow up on his meeting with the Chinese leader Xi Jinping, which took place on the ...

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