Tag Archives: FG building projects

The concessionaire, New Festac Development Company limited has said that the land reclamation and infrastructural development of the second phase of the FESTAC Town is expected to cost N401bn. The company’s spokesperson, Mr. Uche Edeani, said the preliminary stage would cost about N100.25bn ($500m), while the main construction work would be done at the rate of N300.75bn ($1.5bn). He said ...

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