Tag Archives: Infrastructure

“The Lagos State Government has said it would continue to search for new and innovative ways to drive infrastructure development and economic independence.”- The Nation Governor Akinwunmi Ambode said this at the 1st Lagos State Infrastructure Round Table hosted in collaboration with the Harvard Business School Association of Nigeria (HBSAN) in Lagos. He said: “The population of Lagos State today ...

The Building and Construction industry is very crucial in any nation’s social and economic development. This article gives an overview of the building and construction industry in Nigeria. The building and construction industry in Nigeria has come of age. There are many factors responsible for the high importance of this industry. Apart from the sector’s potential with respect to employment ...

“The Buhari Media Support Group (BMSG) on Thursday in Abuja, said the stolen funds traced to former Petroleum Minister, Mrs Diezani Alison-Madueke, could fund infrastructure development in the country.”- The Guardian Specifically, the group said in a statement by its Chairman, Mr Austin Braimoh and Secretary, Mr Cassidy Madueke, that government could build six world-class airports in each geopolitical zone ...

“The final draft of a 20-year Ibadan city master plan aimed at tackling flooding, as well as charting a new direction for the city has been presented to the Governor of Oyo State, Senator Abiola Ajimobi.”- Daily Post The detailed master plan is expected to be submitted by September. The Ibadan drainage and solid waste master plans are aimed at ...

“The Federal Government needs N3 trillion annually to cover up the huge infrastructure deficit in the country. The President of Nigerian Institute of Quantity Surveyors (NIQS), Mercy Iyortyer, disclosed this at a two-day workshop on finance and development of capital projects in Lagos.”- The Guardian She noted that while the demand for construction is high, and that the money to ...

“Nigeria has sought the support of the Islamic Development Bank to fund the construction of the Second Niger Bridge on Private Public Partnership (PPP) and other projects.”- The Guardian Nigeria also urged the speedy completion of on-going projects being sponsored by the bank in the country. This was stated at the weekend at the just-concluded 42nd annual meeting of the ...

“The Managing Director of Cross and Churchill, Mr. Taiwo Ogunbodede, has said the full potential of the real estate sector can be better realised if the government put in place adequate Infrastructure.”- The Nation Such endeavour, he further said, would also stimulate faster growth in the real estate sector. Ogunbodede, also the Chairman, Real Estate Developers Association of Nigeria (REDAN), ...

The real estate industry has increasingly become relevant to our economy. However in recent times, the prices of real estate goods and services have risen rapidly with home prices increasing sharply in comparison to prices of goods and services in other industries. At the same time, housing demand has posed economic and social challenges, arousing continental and universal concerns. This ...

According to The News, the Ataoja of Osogbo, Oba Jimoh Olanipekun Larooye 11 and all Osogbo Chiefs have commended the various developmental strides of the Governor of Osun, Ogbeni Rauf Aregbesola at the state capital and indeed the whole of the state. The Ataoja of Osogbo land, leading other chiefs of the ancient town on a courtesy visit to the ...

According to Nigeria Today, stakeholders in the Nigerian oil and gas industry have identified the dearth of infrastructure as the biggest challenge facing the sector. Consequently, the call has been the need to urgently focus on addressing this key sector, with the private sector favoured to be the driver. In this report, FESTUS OKOROMADU writes on the need to help ...