Tag Archives: budget

The House of Representatives’ Committee on Urban Development and Regional Planning on Thursday condemned the untidiness and errors in the 2019 budget proposal presented by the Urban and Regional Development Department of the Federal Ministry of Power, Works and Housing. Due to the similarities between the items in the 2018 and 2019 budgets of the department, they described it as ...

The construction cost for section one of the Lagos-Ibadan Expressway, Lagos to Sagamu Interchange, has increased to N134bn. This was revealed by the Federal Controller of Works, Lagos, Adedamola Kuti, at the opening of barricaded construction zones at Asese/Mowe sections of the road to motorists on Tuesday. According to Kuti, “The initial contract sum of this project was N70bn but ...

To supervise building projects you first have to identify the most important part of the building project that cannot be overlooked. Building projects include some elements in common, like design, estimation, financial and legal issues, and supervision as well. This article gives an insight on “how to supervise building projects” If you are saddled with the responsibility to supervise building ...

Lagos-based property development firm, Messrs Tetramanor has announced plans to expand its housing firm in the mainland area, with 40-units of homes in the Ebuta-Metta axis of Lagos. The new project called; TM Meadows, about five-minutes from the Third Mainland Bridge consist of 40 units of two, three and four bedrooms all fully finished and having maid’s rooms. The estate ...

The Kaduna State Government has earmarked N7.3 billion for the construction of township roads in the 2018 budget estimate approved by the state assembly. NAN report that the figure was contained in the 2018 budget obtained from the state’s Planning and Budget Commission. A total of N21.66 billion was allocated to the agency, out of which N20.83 billion was for ...

Edo State Peoples Democratic Party (PDP) has said the 2018 Governor Godwin Obaseki’s budget signed into law is full of deceit and duplication. It said the budget would inflict pains on people. PDP said the budget was padded to the tune of N2.5 billion and funds were allocated to projects already completed and inaugurated by ex-Governor Adams Oshiomhole. It said ...

Gov. Rotimi Akeredolu budgets N15b for rehabilitation and construction of roads across the 18 local government areas of the state this year. The Ondo state Governor plans to spend N3 billion out of the amount budgeted on the reconstruction of roads in the rural areas in other to ease transportation of farm produce to urban areas. These formed part of ...

Gov. Darius Ishaku has proposed about N96.5bn as Taraba budget to the state legislature for 2018 fiscal year. While laying the estimates before the legislators in Jalingo, Ishaku explained that the budget proposal was about 12 per cent lower than the estimate for 2017 when the state budgeted N110.1 billion. He said that N41.2 billion of the Taraba proposed budget ...

The Minister of Finance kemi Adeosun  was challenged on Tuesday by the senate on Federal Government’s persistence on passing the 2018 Budget in January when less than 50 per cent of the 2017 budget was only implemented. The upper chamber also expressed their opposition as to why the 2017 Budget had no correlation with the 2018 Budget. They insisted the ...

Changing your status quo from a tenant to a home owner is one of the biggest decisions or event that can happen in a man’s life. Albeit, it is one thing to buy a home, it is another thing to be able to separate your wants from your needs during the process. While in the process of acquiring the most ...