Infrastructure Infrastructure Financing News & Reports Roads Transportation

Bad roads: We can’t access N64bn maintenance fund, says FERMA

The Federal Road Maintenance Agency on Tuesday declared that it had been unable to access the over N64bn road maintenance fund that was meant to come from a particular percentage of petroleum products sale. FERMA’s Managing Director, Nurudeen Rafindadi, who disclosed this in Abuja after the inauguration of the board of the agency, noted that …read more →

AFRICAReports Infrastructure Maritime News & Reports Transportation

Maritime Security: Nigerian Waters Now Safer – Dakuku

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that piracy and other maritime crimes have reduced drastically in the Nigerian maritime domain, making it safer for investment. Contrary to reports in a section of the media on his responses while defending the Agency’s budget before the Senate …read more →

Infrastructure Infrastructure Financing News & Reports WORLDReport

Nigeria Needs To Invest $100bn Per Annum for the Next Six Years

Nigeria needs to invest $100bn per annum for the next six years in order to achieve optimum result in closing infrastructure gaps across the country, the Bureau of Public Enterprises has said. The Director General of BPE, Mr Alex Okoh, said this when he received a delegation from the World Bank led by Senior Economist …read more →

Infrastructure News & Reports Roads Transportation

Gov. Obiano pledges more road infrastructure in Anambra before tenure ends

Governor Willie Obiano of Anambra State has said that his administration will provide more road infrastructure to enhance human and vehicular movement across the state before the end of his tenure in 2021. The Governor said this when he paid an inspection visit to the ongoing construction on the Enugwu-Ukwu link road in Njikoka Local …read more →

AVIATION Infrastructure News & Reports Water Resources

Ten urban towns in Delta to get boost in potable water supply as Governor approves completion of Koko Mini Sports Arena

Ten urban towns in Delta State are to get a boost in the provision of potable water supply following the approval of the state Executive Council for the construction of five-kilometer water pipeline extension. The state Commissioner for Information, Chief Patrick Ukah, disclosed this on Wednesday March 20th 2019 at a press briefing held in …read more →

Infrastructure News & Reports Transportation

Speeding and the reckless driving are major causes of accidents on highways – Fashola

The Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, has said that injuries and avoidable accidents that occur on highways are not always due to bad roads as claimed by road users. According to him, road accidents are largely due to speeding and the recklessness of drivers, as no driver speeds on a …read more →

Infrastructure News & Reports Transportation

Cross River government begins construction of abandoned Abim River Bridge

The Cross River Government says work has begun on the Abim River Bridge linking some farming communities in the Etung and Ikom Local Government Areas of the state. Mr Christian Ita, the Chief Press Secretary and Senior Special Assistant to Gov. Ben Ayade, said this in an interview with the News Agency of Nigeria (NAN) …read more →

Health Infrastructure News & Analysis

Health sector: FG battles $10bn annual Infrastructure deficit

The Permanent Secretary, Federal Ministry of Health, Mr Abdullahi Mashi, said that the country’s health sector has an annual deficit running into about 10 billion dollars (N3.06 trillion), in infrastructure gap. Mashi, who was represented by Dr Omobolanle Olowu, the Head of Public Private Partnership (PPP) at the Ministry disclosed this on Thursday in Abuja …read more →

ENERGY Infrastructure News & Reports

Tax Rebate: NLNG, Unilever, Dangote, 3 others to construct roads across Nigeria

Nigeria Liquefied Natural Gas Limited (NLNG), Unilever Plc, Dangote Group and three other companies have keyed into the Federal Government’s drive to build infrastructure across Nigeria. The companies, which also include Unilever Nigeria Plc, Flour Mills of Nigeria Plc, and China Road and Bridge Corporation Nigeria Limited, will build 19 roads; a total of 794.4 …read more →