Tag Archives: Babatunde Fashola

Punch reports that the Federal Government on Monday said it would reintroduce tolling on the nation’s highways to raise the much needed funds to maintain the roads. The Minister of Power, Works and Housing, Mr. Babatunde Fashola, stated this while addressing members of the Manufacturers Association of Nigeria, who visited him in his office in Abuja. The minister’s position may ...

“In compliance with the agreement reached between the Federal  and state governments at the 2016 meeting of the National Council on Lands, Housing and Urban Development, held in Ilorin, Kwara State, last year,  where it was resolved to facilitate the use of exchange of letters for the transfer of title to land when states are transferring land to the Federal ...

According to Premium Times, the Nigerian government has granted Dangote Group 10-year tax incentive for the construction and rehabilitation of roads, Minister of Power, Works and Housing, Babatunde Fashola, has said. Mr. Fashola made this known while speaking at the Businessday Road Construction Summit, held in Victoria Island, Lagos, on Friday. Mr. Fashola, who disclosed that construction of the Apapa to Oworonshoki ...

“Some leading stakeholders in the built environment have decried the seeming neglect of the housing sector by the Federal Government.”-Independent Those who spoke with INDEPENDENT hinged their submission on the non-challant disposition of the Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola on the developmental growth of the housing sector even as they frowned at the Federal Government’s ...

“IN spite of the cheering news that the country is getting out of  economic recession, the bleak outlook of the housing sector of the nation’s economy will remain a major cause for concern for real estate developers and the survival of their businesses in the country.”- Vanguard This is because developers have been churning out housing units in different parts ...

“Sterling Bank Plc, has won the Housing Friendly Commercial Bank of the Year Award for its remarkable impact on housing delivery in Nigeria’s housing sector.”- The News Receiving the award at the 12th edition of the Abuja Housing Awards in the Federal Capital Territory (FCT), Abuja recently, Sterling Bank’s Non-Interest Banking (NIB) Group Head, Mr. Basheer Oshodi said, the Bank ...

“Mr. Babatunde Fashola, the Minister of Works, Power and Housing, on Monday, inaugurated electrical transformers in Lagos; one 15 MVA transformer, 20 operational transformers and 20 vehicles at Eko Electricity Distribution Company (Eko Disco) worth billions of naira.”- PM News Fashola inaugurated the projects shortly after the 19th Power Sector Stakeholders forum in Akangba Training School in Surulere, Lagos. The ...

According to Premium Times, the Federal Executive Council, FEC, presided over by President Muhammadu Buhari, approved $5.792 billion (about N1.140 trillion) for the construction of the 3,050 megawatts Mambilla electricity project at Gembu in Taraba. The Minister of Power, Works and Housing, Babatunde Fashola, disclosed this while addressing State House correspondents alongside the ministers of labour and employment as well ...

“As part of efforts aimed at promoting professionalism in the real estate sector, as well as reducing the deluge of building collapse in the country, Western Atlantic Corporations Limited, the promoters of MOREACADEMY project, in collaboration with the Centre for Management Development (CMD), has concluded plans to hold Mortgage Industry Stakeholders Luncheon and train about 70 real estate practitioners.”- The ...

“The Minister of Power, Works and Housing, Babatunde Fashola, yesterday said that the construction of mass housing projects in 33 states, 2, 736 affordable housing units, across the country has commenced.”-Daily Post The Minister, who disclosed this at the sixth meeting of the National Council on Lands, Housing and Urban Development, told delegates at the event that with ongoing housing ...