Julius Berger Nigeria Plc on Thursday announced that it made a profit of N6.1bn in 2018, up from the N2.5bn recorded in the preceding year. It disclosed the 142.37 per cent rise in profit in its 2018 annual report, which was presented at the 49th Annual General Meeting of the construction giant in Abuja. The company said its group revenue ...
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FG promises steady funding of Second Niger Bridge, others
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 ...
Read More »Second Niger Bridge 50% completed, compensation rises to N5bn – Fashola
Babatunde Fashola, the minister of power, works and housing, on Saturday, May 20, announced that work is underway at the second Niger Bridge as compensation from Anambra and Delta has risen to N5 billion. The minister further said that all payment for the completion of Zik’s Mausoleum has been made to the contractor, Bouygues Construction to complete the job by ...
Read More »Fashola assures citizens that FG won’t watch Niger bridge collapse
The Minister of Power, Works and Housing, Babatunde Raji Fashola (SAN) has said that the President Muhammadu Buhari administration cannot fold its hands and watch the Niger Bridge, which was built in the 1950s, to collapse. Fashola stated this while inspecting ongoing repairs and maintenance works on the Niger Bridge, adding that the Federal Government was mindful of the fact ...
Read More »FG grills Minister of Housing for 2hrs over 2nd Niger bridge
Members of the House of Representatives Committee on Works on Tuesday put the Minister of Power, Works and Housing, Babatunde Fashola on the spot, demanding details on the nature of concession agreement on the Second Niger Bridge and the Lagos/Ibadan Expressway. Grilling the Minister in a question and answer session that last for two hours, the lawmakers were taken through ...
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