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Tag Archives: FG

FG shifts completion date for Lagos-Ibadan expressway project

Lagos-Ibadan expressway

The Federal Government will no longer meet its December 2018 date for the completion of the Lagos-Ibadan expressway project. This was disclosed by the Federal Controller of Works in Lagos, Adedamola Kuti. The Federal Government had earlier promised to deliver the project by the end of 2018. The Minister of Information, Alhaji Lai Mohammed, was one of the government officials ...

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Third mainland bridge closure: 5 things to note

Third mainland bridge

The Third Mainland Bridge, longest bridges in Nigeria and one of the top three in Africa that connects Lagos Island to the mainland areas will be temporarily closed from 12 midnight today till Sunday, August 26th, 2018. This is to enable test assessments on the level of the bridge, which is one of the most strategic and economic linking Lagos ...

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FG approves N348b for Akwanga-Jos-bauchi-Gombe road


Abuja – Acting President Yemi Osinbajo and his cabinet members rose from the weekly Federal Executive Council meeting on Wednesday, to approve N348.594 billion contract for the construction of 420.6 kilometers Akwanga-Jos-Bauchi-Gombe road. According to Babatunde Fashola, Minister for Power, Works and Housing, the project scope is for the expansion of the current two-lane highway into a dual carriageway. He ...

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FEC approves N72.9 Billion for apapa road reconstruction


The Federal Executive Council on Wednesday approved N72.9 billion for the reconstruction of the road from Apapa to the toll gate on Lagos-Ibadan expressway in Lagos state. Minister of Works, Power and Housing, Babatunde Fashola, made this known to State house Correspondents in Abuja after the weekly cabinet meeting presided over by President Muhammadu Buhari. Fashola said the decision was ...

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FG, Ogun partner over abandoned Ota water project


The Federal Government and the Ogun government on Tuesday signed a Memorandum of Understanding for the continuation and completion of the abandoned Ota Regional Water Supply Project. The ceremony, which took place at Arobieye- Iju in Ado-Odo/Ota council area of the state, also saw the signing of an agreement for Partnership for Expanded Water Supply, Sanitation and Hygiene. The Minister ...

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FCTA rehabilitates Abaji-Rubochi 10km road


The Federal Capital Territory Administration (FCTA), through the Satellite Towns Development Department (STDD) has flagged off the rehabilitation of Abaji-Rubochi 10.2 kilometers road, at the cost of N490 million. Speaking during the flag-off ceremony yesterday, Minister of the Federal Capital Territory (FCT), Malam Muhammad Musa Bello, revealed that the administration has paid 15 per cent mobilization fee to an indigenous ...

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FG promises steady funding of Second Niger Bridge, others

Niger Bridge

The Federal Government has said it will ensure steady funding of three major projects namely; Lagos-Ibadan highway, Second Niger Bridge and Kano-Abuja road until they are fully completed. Minister of Power, Works and Housing, Babatunde Fashola, gave the assurance at the flag-off of Abuja-Kaduna-Zaria-Kano road project in Kano State. He said the uninterrupted funding of the projects would be sourced ...

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Infrastructural development: Experts urge FG for partnership with private investors

infrastructural development

Experts in the built environment have asked the federal government to give room for private sector to actualise its infrastructural development plan. They said Nigeria needs N115 Trillion to grow at six to seven per cent yearly exceeding its population growth of over 2.7 per cent. According to Mr. Emmanuel Obe, a real estate developer, government must provide the enabling ...

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NMRC seeks N440 billion debt programme approval


The Nigeria Mortgage Refinance Company (NMRC) plans to seek approval from members by the end of the month to triple the size of its debt programme to N440 billion ($1.44 billion), the state-backed mortgage agency said on Monday. Nigeria set up a mortgage-backed guarantee company in 2014, partly with World Bank aid, in an effort to boost lending through the ...

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