Heifer International’s sponsored agritech storage solution; ColdHubs, was yesterday formally introduced into the Lagos market with the launch of the facility for smallholder farmers and sellers of perishable farm produce at the ABAT CBD Market in Ibeju-Lekki. The ColdHubs innovation, which is being sponsored on a large scale by Heifer International, is part of …read more →
Infrastructure
Julius Berger Restates Commitment to Business Expansion
Julius Berger Plc restated commitment to development and expansion of its business into the future. The company, in its 2021 Sustainability Report, said: “we remain committed to also growing and expanding our potential for a positive impact on people and the planet. “Maintaining the trust of our stakeholders through collaboration, transparency, and superior service will …read more →
Ogun: Abiodun Signs N472bn 2023 Budget
Signing the N472,250,694,447.57billion Appropriations Bill as passed earlier by the State House of Assembly, yesterday, Abiodun said he would ensure full implementation of all the items on the bill to sustain the momentum of Building Our Future Together Agenda of his Administration. “This budget is reflective of what the people of Ogun State want. I …read more →
ICT Drives Diversification Of Nigeria’s Economy
The drive for economic diversification of the President Muhammadu Buhari-led federal government has been boosted by the milestone in the digital economy sector especially the Information and Communications Technology (ICT). Following this development, President Muhammadu Buhari has lauded the effort of the federal government over the $547 million generated from the sale of the 3.5 …read more →
Buhari Commissions Kogi’s First Flyover, Other Legacy Projects
President Muhammadu Buhari, on Thursday, commissioned legacy projects executed by the administration of Governor Yahaya Bello in different parts of Kogi State. President Buhari, who arrived at Okene town around 10am, commissioned the Agassa-Ogboboro Road and the Ohinoyi of Ebiraland Palace before proceeding to meet traditional rulers and top officials of the Kogi State Government. …read more →
Lagos Names Preferred Bidder for 4th Mainland Bridge
The Lagos State Government on Thursday announced Messrs. CCECC-CRCCIG Consortium as the preferred bidder for the proposed Fourth Mainland bridge project. The Special Adviser to the Governor on Public Private Partnerships (PPP), Mr Ope George said at a briefing at the PPP Office in Ikeja that the project, which is a proposed PPP transport infrastructure …read more →
Nigeria-Morocco Gas Pipeline to Receive $25 Bln in Funding by 2023, Says NNPC
The Nigeria-Morocco Gas Pipeline is set to receive a total investment of $25 billion in 2023, the Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari has revealed. Kyari said in a report by Bloomberg that discussions for the financing of the energy megaproject are still ongoing, noting that a final …read more →
Daewoo Shuts Down NLNG’s $10bn Train-7 Site as workers’ Dispute Lingers
The timeline for the completion of the Nigeria LNG Limited’s Train-7 project may be under threat following the protracted labour dispute between members of the National Association of Plant Operators and the management of Daewoo E & C Nigeria Limited. As a result of the protracted dispute, the management of Daewoo Engineering and Construction Nigeria …read more →
Electricity: Transformers from €63m Siemens deal to arrive — FG
The first set of mega transformers from the €63 million Siemens deal has d in Nigeria, the Federal Government revealed. The Siemens deal which is expected to significantly improve the country’s electricity distribution capacity, was approved by the Federal Executive Council in December, 2021. A statement by the Special Adviser, Media, to the Minister of …read more →
First Ship Docks at $2bn Lekki Deep Sea Port
The Lekki Deep Sea Port in Lagos has received the first ship at its dock signaling a new era in port decongestion efforts in Nigeria. The Managing Director, Nigeria Ports Authority, Mohammed Bello-Koko, who received the marine vessel “Zhen Hua 28,” a heavy lift carrier, stated that the Lekki Deep Seaport, when operational, would reduce …read more →