Construction works on One Za’abeel Tower, a two skyscraper building in Dubai with the world’s longest cantilever is over 30% complete. The two skyscrapers, Tower A and Tower B stand at 300m and 235m respectively over a total built-up area of 470,700 square meters and they are joined by a 228-meter steel bridge that will …read more →
Infrastructure
Senegal launches 158 MW wind farm
Senegal has inaugurated the first large-scale wind farm in West Africa, a facility that will supply nearly a sixth of the country’s power needs when it reaches full capacity later this year. With the wind farm, Senegal will get 30% of its energy from clean sources, in a push to cut its dependence on fossil …read more →
Makinde Appoints Adepoju Adviser on Infrastructure
Governor Seyi Makinde, has appointed Mr Simiyu Adekola James Adepoju, an engineer as his Special Adviser on Infrastructure, Moses Alao, the governor’s special assistant on Print Media said. The appointment, which took effect from 9 March, was conveyed through a letter signed by the Secretary to the State Government, Mrs Olubamiwo Adeosun. “Prior to his …read more →
Developers, Property Investors Decry Out Of Plan Distortions In Lekki/Lagos Master Plan
Developers of high-end properties in Government Reserved Areas (GRAs) have decried what they identified as the spate of inconsistencies and distortions that characterise the housing infrastructural development sector in Lagos They claimed that conflicting operating rules hamper the seamless operation of the sector and thus serving as a disincentive in an otherwise profitable sector. According …read more →
Nigeria to Resume Construction Works On Mambilla Hydroelectric Plant
Nigeria plans to start work on the construction of Mambilla hydroelectric plant, estimated to cost about $4.8 billion this year after the government settled a legal dispute that was delaying the project, Power Minister Sale Mamman said. The project, when completed will be the second-largest hydroelectric plant in Africa and the second of such plants …read more →
COVID-19: Massive Shut-downs worldwide to affect Africa’s Infrastructure, Energy & Mining Development
The Coronavirus (COVID-19) has resulted in mass production shutdowns and supply chain disruptions due to port closures in China, causing global ripple effects across all economic sectors in a rare “twin supply-demand shock”. With South Africa having just reported its first cases of COVID-19, Africa is beginning to feel its full impact and plans to …read more →
Lagos raises N100bn infrastructure bond for key infrastructure projects
The Lagos state government says it has raised a N100 billion series III bond under its N500 billion bond issuance programme. Babajide Sanwo-Olu, the state governor, said the proceeds from the bond will be used to execute key infrastructure projects. Sanwo-Olu said that the signing was Lagos State’s third bond programme; as the state had …read more →
NLNG Signs Sales Deal With Total Gas and Power
The Nigeria LNG Limited, NLNG, and Total Gas and Power, TGP, have signed a LNG Sale and Purchase Agreement, SPA, for some of the remarketed volumes from NLNG’s Trains 1, 2 and 3. The agreement is for the supply of 1.5mtpa for a 10 year term on a Delivered Ex-ship and Free on Board, FOB, …read more →
FGN/NOVONE Social Housing Estate Ready for Acquisition
The Chairman/Chief Executive Officer of Novone Properties Limited, Arc. Ezekiel Nya-Etok has revealed that the phase one of the Social Housing Estate located at Ikot Ntuen Nsit opposite University of Uyo Teaching Hospital is ready for acquisition by interested members of the public. In a Press Release issued last Wednesday by Arc. Ezekiel Nya-Etok, the …read more →
FG to Re-Construct Port Harcourt, Maiduguri Railway- Amaechi
The Honourable Minister for Transportation, Rt. Hon. Chibuike Rotimi Amaechi has announced that the Fedral Government would soon start the construction of the Port Harcourt to Maiduguri Railway. The Minister who stated this while answering questions at the 2020 Deloitte in Dialogue Nigeria Economic Outlook, held in Eko Hotel and Suites, Lagos, said the project …read more →