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Tag Archives: Nigeria

FEC approves $64.2m for Escravos power supply project

FEC

The Federal Executive Council (FEC) on Wednesday approved 64.2 million dollars for power supply project to communities within Escravos area of Delta State. Ibe Kachikwu, the Minister of State for Petroleum Resources, disclosed this while briefing State House correspondents after FEC meeting presided over by the Vice President, Yemi Osinbajo, in the Presidential Villa. Escravos, which hosts two major transnational ...

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What will you do if your Landlord serves you a notice to quit today?

notice to quit

Landlords in Nigeria believe they are the lord and saviour of their tenants so they do whatever they want and whenever they want it. We have heard the case of a Landlord that removed his tenant’s roof, threw out his properties before he came back from work. This question was birthed as a result of the different crazy scenarios we ...

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Nigeria records $45.7bn investments in six months

Nigeria

Nigeria recorded a total investment commitment of $45.7bn in various sectors of the economy within the first six months of this year. Figures obtained from the Nigerian Investment Promotion Commission showed that the $45.74bn investment commitments were made for 42 projects in nine states and the Federal Capital Territory. The sectoral analysis of the commitments indicates that investors were willing ...

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Babalakin says Foreign firms lack capital to develop Nigeria’s infrastructure

Babalakin

The Pro-Chancellor of the University of Lagos (UNILAG) Dr. Wale Babalakin (SAN) has said foreign firms lack the “emotional capital” required to develop Nigeria’s infrastructure. Dr. Babalakin said this at the 60th Anniversary/8th Fellowship Conferment Lecture and Ceremony of the Nigerian Society of Engineers (NSE) in Abuja. Delivering a lecture titled “Constraints of Implementing Infrastructure Projects through Public Private Partnership ...

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Kogi plans to complete road projects in January 2019

road projects

The Kogi State government on Wednesday said about 40 percent of all the ongoing road projects embarked upon across the three senatorial districts of the state would be completed and ready for commissioning by January 2019. Chief of Staff to the Kogi State Governor, Chief Edward Onoja gave hint in Lokoja while speaking to newsmen on the sidelines of the ...

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FG announces it has built 26,002 houses across the country

houses

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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Nigeria reassures commitment to infrastructure development

Nigeria-Vice-President

President Buhari’s administration will continue to secure Nigeria, upgrade infrastructure and ensure its wealth is not hijacked by a greedy few. The Acting President, Professor Yemi Osinbajo stated this on Tuesday during a one-day working visit to Zamfara State. Professor Osinbajo, who was received by Governor Yari Abdulaziz, also inaugurated projects executed by the state government during the visit. Projects ...

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How Technology Can Transform Nigeria’s Housing Market

How Technology Can Transform Nigeria’s Housing Market

With the increase in smart technology and artificial intelligence, going digital is becoming the ideal route to attain success as a business or organization, especially in the real estate industry. Over the last decade, the Nigerian real estate industry has experienced significant growth and has risen to become the 5th biggest contributor to the GDP of Africa’s largest economy. Most organizations, businesses, ...

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Firm supports Buy Nigeria campaign to improve affordable housing

Buy Nigeria

To make housing affordable to average Nigerians, foremost manufacturer of tiles, grouts and adhesives, West African Ceramics Ltd has called for the support of Buy Nigeria campaign. General Manager of the firm, Mr. Bhaskar Rao, made the call at the inauguration of two additional mega and ultramodern exclusive tile showrooms in Port Harcourt and Aba. Stressing the firm’s support for ...

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