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Tag Archives: construction company

FG explains challenges with Lagos-Ibadan rail construction

Terminus market

The federal government Thursday explained the different challenges that slowed down the pace of the Lagos-Ibadan rail construction awarded at a whopping sum of $1.5 billion, saying a lot of gas and water installations in Lagos axis constituted a major challenge. Despite the challenges, the federal government equally directed the contractor handling it, China Civil Engineering Construction Corporation (CCECC) to ...

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Federal Government threatens to revoke CCECC project over Ajaokuta rail project

CCECC

The Federal Government has read the riot act to China Construction Engineering Civil Company (CCECC) urging them to increase the pace of work on the ongoing Ajaokuta, Itakpe, Warri railway project or risk revocation of the contract. Minister of Transportation, Chibuike Amaechi, who handed the warning during an inspection tour of the rail project, expressed disappointment over the pace of ...

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Construction company drags Osun State Government over N1bn debt

construction company

A construction company, Sammya Nig. Ltd., has described the sealing off, of its dockyard by the Osun State Internal Revenue Task Force, as ’embarrassing’. The company in a release signed by its Chairman /CEO, Sammy Adigun, called on the state government to immediately unseal its office and pay up over N1 billion owed it. The state government had listed the ...

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AMCON lauds CBN on new lending policy

AMCON

The Managing Director of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru, has commended the directive of the Central Bank of Nigeria (CBN) compelling commercial banks to lend the real sector for economic growth. Kuru stated this at the Institute of Directors (IoD) 2018 luncheon held in Lagos. The Managing Director of AMCON also noted that lending to the ...

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Alapere residents complain bitterly over canal project

Alapere

Residents of Wesley area in Alapere, Lagos State have alleged abandonment of a government-financed drainage project by the contractor, making their community more prone to flooding and health hazards. They protested against constant flood in the community when the Permanent Secretary, Ministry of Transports, Engineer Abdulsallam, was on inspection tour of the reconstruction of Oluwakemi/Ajiboye road expansion. The residents said ...

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Doctor calls out CCECC over failure to pay medical bills of their staff member

CCECC called out by doctor over failure to pay medical bills

The Medical Director of Best Medical Centre Limited in Ketu-Ijanikin, Doctor, Martins Udobi, is crying for justice over what he called “unfair treatment” by CCECC, a Chinese construction firm. Udobi said the firm brought one of its staff that was almost disabled due to a severe accident suffered during active engagement with the company, claiming that after successfully treating the ...

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Kogi State partners with Julius Berger to construct 10 road projects

Julius Berger

Kogi State Government says it is in partnership with Julius Berger Nigeria PLC to construct 10 key roads across the three Senatorial districts of the state for infrastructure development of the state. Mr Abdulmumuni Sadiq, Commissioner for Works, disclosed this on Monday in Lokoja while addressing journalists at the end of a Reconnaissance Survey of the roads by a team ...

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Can low-income earners build a home?

2,700 housing units

“With the recession lingering and hitting hard on real estate sector, many prospective homeowners are dumping the idea of homeownership, while others want to build a simple home that is comfortable and affordable, without going into debt. It is a fact that in most Nigerian cities, the dreams of lower construction costs have once again become a nightmare for a ...

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