Home » Tag Archives: Federal Government

Tag Archives: Federal Government

FG advocates alternative funding for housing projects, roads

Housing projects

The Federal Government has advocated need to fund the various road and housing projects in the South-South region outside annual budgetary provisions. Minister of State for Power, Works, and the Housing, Mr. Mustapha Shehuri, who said this during a three-day inspection tour of projects in the South-South region, yesterday, said there was a need for other sources of funding besides the ...

Read More »

Reps implore IG to evacuate heavy-duty vehicles from Lagos bridges

bridges

The House of Representatives has issued a directive to the inspector general of police, Ibrahim Idris, to remove heavy duties from bridges in Lagos The police and other security agencies were directed to remove the heavy-duty vehicles to save the bridges from collapsing The lawmakers issued the directive following a motion made by Honourable Enitan Badru The inspector general of ...

Read More »

Expert urge Federal Government to invest in infrastructure

Federal Government

A town planning consultant, Mr. Olaide Afolabi, on Monday called on the Federal Government to formulate policies that would facilitate infrastructure and property development in the country. Afolabi, a former President of the Association of Town Planning Consultants of Nigeria (ATOPCON), made the call in an interview which held in Lagos. He said there were huge gaps in the areas ...

Read More »

FG focuses on improving public building maintenance

Federal Government

The Federal Government has stepped up efforts to ensure proper maintenance of public buildings across the country. This followed a two-day stakeholder meeting on the Draft National Public Buildings Maintenance Policy organised by the Federal Ministry of Power, Works and Housing (Works and Housing Sector) which began yesterday in Abuja. In his remarks, the Minister of Power, Works, and Housing, ...

Read More »

Debt sustainability hinged on real sector growth, investments

real sector

Citing inconsistencies in population growth rate and the pace of the economy, stakeholders in the private sector have raised concerns about the sustainability of Nigeria’s debt profile considering the level of development in the real sector and other key drivers of the economy. Indeed, they noted that Nigeria’s debt profile may increase if managers of the economy do not address ...

Read More »

South-east govs want Second Niger Bridge ready in two years

Niger Bridge

The south-east governors’ forum has urged President Muhammadu Buhari to ensure that the construction period of the Second Niger Bridge is reduced from 42 months to 24 months. Dave Umahi, chairman of the forum, made the appeal when he spoke to state house correspondents after a closed-door meeting with the president. Umahi said members of the forum were at the ...

Read More »

Second Niger Bridge: Federal government approves N206b contract

Second Niger Bridge

Babatunde Fashola, the Minister of Power, Works and Housing, says the Federal Government has awarded N206 billion contract for the main work on the Second Niger Bridge. Fashola who spoke in Abuja during an interactive session with newsmen noted that the contract was awarded to Julius Berger Construction Company. He said that the project, expected to be completed in 36 ...

Read More »

King’s college seeks FG’s intervention on infrastructure

King's College

The Principal of King’s College, Lagos, Mr. Isaac Kolawole, said the school had embarked on rehabilitation of its dilapidated infrastructure to provide enabling environment for academic excellence. Kolawole said this during the school’s 2018/2019 matriculation ceremony in Lagos on Saturday. The principal explained that most of the school’s infrastructure was dilapidated adding that he felt “the need for an academic ...

Read More »

FG urged to Involve Private Sector in Infrastructure Financing

Private sector

Given the weak revenue generation of the Nigerian government, the federal government has been urged to involve the private sector in the financing of infrastructure. It is estimated that about $100 billion must be invested annually to finance infrastructure development in Nigeria to close the deficit. But the weak revenue generation of the Nigerian government shows that the country cannot ...

Read More »