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 →
Infrastructure
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 →
Unpacking the Potential of innovative digital infrastructure and green energy projects in Africa
The vast swathes of Africa’s fertile lands may ultimately prove a central arena for the ground-up development of innovative digital infrastructure and green energy projects. Recent pivotal moments in African trade, such as the African Continental Free Trade Agreement, are setting the table for an environment conducive to rapid growth, where both energy and financial infrastructure …read more →
For Buhari Infrastructure Is Key: Osinbajo
The Federal Government will continue to implement game-changing infrastructure projects around the country to connect the nation’s economic zones and drive economic development, according to Vice President Yemi Osinbajo, SAN. The Vice President further noted that most of the signature projects of the administration, including the Lagos-Kano Rail, Mambilla Hydro Plant, Second Niger Bridge, amongst …read more →
NCC targets Swedish SPIDER initiative for ICT capacity building, improved broadband
The Nigerian Communications Commission, NCC, has hosted Carl Grans, Swedish Ambassador to ECOWAS, Ghana, Cameroon and Nigeria, at NCC head office on Thursday, January 9. The discussions centered on how the country can enhance Information and Communication Technology, ICT, capacity development and broadband penetration in Nigeria. This is in line with the commission’s eight-Point Agenda, one …read more →
Buhari approves committees to actualise Mambilla power project
President Muhammadu Buhari has approved the constitution of two committees for the Mambilla Hydroelectric Power Project in Taraba State. They are: The Inter-Ministerial Steering Committee (IMSC) and Project Delivery Committee (PDC). The Minister of Power, Sale Mamman, announced this in Abuja through a statement by his Special Adviser (SA) on Media, Mr. Aaron Aritmas. The …read more →