The Vice-Chancellor of the Abubakar Tafawa Balewa University, ATBU, Bauchi State, Prof. Abdulrahman Ibrahim, has called on the federal government, as a matter of urgency, upgrade, as well as provide adequate infrastructure within the university premises. Prof. Ibrahim, also lamented that the school’s budget is grossly inadequate for project execution. This is even as he craved for the support and ...
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FG signs MoU with Japan to promote infrastructure investments
The federal Ministry of Transportation has signed a Memorandum of Understanding (MoU) with Japan for cooperation in promoting quality infrastructure investment and continuing cooperative relationship between Nigeria and Japan. Nigeria’s minister of transportation, Chibuike Rotimi Amaechi, signed the MoU on behalf of the federal government with Japan’s state minister of land, infrastructure, transport and tourism, Tsukasa Akimoto at the ministry’s ...
Read More »FG negotiates $6bn loan for Ibadan-Kano rail construction
The Federal Government is currently negotiating a loan of about $6bn with the China Export-Import Bank for the construction of the Ibadan-Kano rail line. It has also approved $195m for the security of Nigeria’s waterways by an Israeli firm in order to curb criminal activities in the maritime sector. The Minister of Transportation, Rotimi Amaechi, disclosed these at an interactive ...
Read More »FG approves reconstruction of port access roads
The Federal Government has approved the reconstruction of the port access roads running from Apapa port to the old toll gate in Ketu-Berger areas of Lagos. Disclosing this in Lagos, Managing Director of the Nigerian Ports Authority, NPA, Ms. Hadiza Bala-Usman, said that the Federal Executive Council, FEC, has approved ₦72 billion for the reconstruction of the port that will ...
Read More »Federal government reassures investors of infrastructure development
The Nigerian government has restated its commitment to business development through improved investment in infrastructure. President Muhammadu Buhari gave the reassurance at the inauguration of the 250 million dollars plant of International Breweries Plc, in Sagamu, Ogun State. Buhari said his administration was also focused on creating enabling business environment across the country. He called on international companies to invest ...
Read More »Federal Government publishes list of 69 ongoing projects
The Federal Government has released the list of the 69 ongoing projects like roads and bridges in the South-eastern part of Nigeria. In a statement in Abuja on Monday, the Minister of Information and Culture, Alhaji Lai Mohammed, said though the contracts for many of the roads were awarded before the advent of this Administration, they were either poorly funded ...
Read More »Fayemi urges FG’s support on infrastructure
Ekiti State Governor-elect, Dr. Kayode Fayemi, has called for the Federal Government’s support in the area of infrastructure development for the state. Fayemi made the call on Tuesday in Abuja during a courtesy visit to the Minister of Power, Works and Housing, Mr. Babatunde Fashola. He said the visit was to identify areas his administration, when inaugurated, would partner with ...
Read More »Insurance brokers seek FG’s support on housing projects
The Nigerian Council of Registered Insurance Brokers has urged the Federal Government to incorporate appropriate insurance policies into its housing projects. The President of the council, Mr. Shola Tinubu, who recalled that the Federal Government recently announced that N197bn was spent on the construction of 26,002 houses and the renovation of 13,953 homes across the country, stressed the need to ...
Read More »FG to establish $8.5m truck transit park in Enugu state
The Federal Government, through the Nigerian Shippers Council (NSC), has disclosed plans to establish Truck Transit Park (TTP) in Ogbulafor Enugu State, at an estimated cost of $8.5million. The Executive Secretary, NSC, Hassan Bello, while receiving the Outline Business Case (OBC) at the Infrastructure Concessioning Regulatory Commission (ICRC), in Abuja, disclosed that the Public-Private Partnership (PPP) project would create over ...
Read More »FG announces it has built 26,002 houses across the country
The federal government has said it spent N197bn on the construction of 26,002 houses across the country. The managing director of the federal mortgage bank of Nigeria, Ahmed Dangiwa, who made the disclosure in Abuja on Tuesday, August 14, said part of the funds was also used for the renovation of 13,953 houses nationwide. Dangiwa said the federal government was ...
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