Tag Archives: Babatunde Fashola

The NESI’s data shows that Nigeria’s power sector is losing between N1.2 billion to N1.5 billion monthly to constraints such as water, gas and transmission line. Nigeria’s power sector lost a total of N108 billion in the first quarter of 2018 from constraints that include gas supply, water, and transmission line. The sum of N108 billion has been lost to ...

The Federal Government says it is focusing on critical infrastructure and housing mandate that will enhance the socio-economic development of the country. The Minister of Power Works and Housing, Mr Babatunde Fashola, said this during the inspection of phase one project of National Housing Programme (NHP) of 72 flats in Gwagwalada Area Council on Thursday Fashola noted that the Federal ...

The Economic Management Team of the Federal Government has set up a Family Home Fund’s Task Force to facilitate the implementation and delivery of the Family Homes Housing Project nationwide. The Chairman and Minister of State II for Power, Works and Housing, Suleiman Hassan made this known on Wednesday in Abuja, at the inaugural meeting of the Land and Infrastructure ...

Babatunde Raji Fashola, the minister of Power, works and Housing Development has on Monday said that president Muhammadu Buhari administration is slowly but it surely delivered his promises to the Nigerians. Fashola stated this when declared open a one-day stakeholders’ meeting on power sector in Lafia the state capital. According to the Minister, “What brings us here today is to ...

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 Minister of Power, Works and Housing, Mr Babatunde Fashola, on Thursday in Lagos called for the collaboration of all stakeholders to tackle traffick gridlock and port congestion and other problems in Apapa and its environs.”- The Guardian Fashola made the call at a stakeholders meeting on the ongoing Apapa Wharf Road reconstruction project in Surulere. The stakeholders at the ...

“The Electric Power Sector Reform Act that was passed in 2005, which serves as Nigeria’s electricity reform law, is one of the best in the world and is almost perfect, the Minister of Power, Works, and Housing, Babatunde Fashola, has said.”- Punch He stated this at the 2017 Power Africa Nigeria Conference in Abuja on Thursday, adding that nothing was ...

The Federal Government has been urged  to carry out reforms in housing sector ; facilitate the amendment of the Land Use Act and create enabling environment for private developers to assist government in tackling the consistent problems of housing deficit in Nigeria-  The Tribune Bamidele Onalaja, the Chief Executive Officer of RevolutionPlus Property Development Company, made the appeal recently in Lagos during ...

“The Dangote Group has said that it will not benefit from a 10-year tax waiver reportedly granted it by the Nigerian government.”- Premium Times Speaking in Lagos on Monday, the Group Executive Director, Strategy, Portfolio Development and Capital Projects, Dangote Industries Limited, Devakumar Edwin, said the company has never benefited from any tax waiver or credits except when it is ...

“Wema Bank promotes home ownership for youths. It has reiterated its commitment to give the millennials (the youths) the opportunity to save and have their own homes, own cars or go on vacation.”- The Nation Armed with over seven decades experience on providing banking services, Wema Bank introduced an insight-driven, innovative digital offering to Nigerians earlier in the year. The ...