Tag Archives: 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 ...

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, ...

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 ...

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 ...

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 ...

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 ...

The Vice President, Prof. Yemi Osinbajo, on Saturday restated that the Federal Government had achieved a lot in all sectors of human development and democratic process. The vice president said that Politicians had nothing to show for the lesson of the failure of the past administrations in the country as it happened. “There is a lot of impunity that has ...

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 ...

Some tertiary institutions in Nigeria might soon get better infrastructure as the Federal Government announced its readiness to release intervention funds for 219 tertiary institutions in the country. The funds are meant to be released through the Tertiary Education Trust Fund for critical infrastructure. While listing the new tertiary institutions that would receive the funds, the TETFund Executive Secretary, Dr. ...

Stakeholders in the housing sector have urged the federal government to immediately work out a modality to establish a special intervention fund to take care of the housing deficit of Nigerians. They made the call in Abuja at the 2nd annual Nigeria Housing Finance Conference and Affordable Housing fair 2018 organised by the Nigeria Integrated Social Housing Cooperative Society Limited ...