Month: January 2019
Buhari Commissions N6bn Baro River Port
President Muhammadu Buhari has commissioned the just completed Baro River Port in Niger State. The Baro River Port was built by a Chinese firm, CGCC Global Project Nigeria Limited at the total cost of N6 billion. The port is equipped with a mobile harbour crane, transit shed, administrative block, fire hydrant system, water treatment plant, …read more →
Nigeria injects N98.85bn Sukuk bond into road construction
The Federal government of Nigeria is set to use N98.85bn (US $274.6m) Sukuk bond to construct 642.69 kilometres of roads across in the country and further support the government’s capital spending on road projects already captured in the 2018 budget. Minister of Power, Works and Housing, Mr. Babatunde Fashola confirmed the reports and said the cheque for the money was …read more →