The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the project aimed at revamping the National Arts Theatre is costing the Bankers’ Committee $100 million. Emefiele said this at the ‘Arise Fashion 2021’ programme, which was organised by Arise News during the Dubai UAE Expo 2020 event in Dubai on weekend. While …read more →
Urban Renewal
Osun Govt Commits N3.6bn to Rehabilitate Roads in Ikire, Ile-Ife
Osun State government has committed Three Billion, Six Hundred and Twenty-Eight Million, Twenty-Four Thousand, Nine Hundred and Twenty-Three Naira, Seventy-Six kobo (N 3,628,024,923.76) for the reconstruction and rehabilitation of selected township roads in Ikire and Ile-Ife. This is just as the government reaffirmed Oyetola’s commitment to fulfill his electoral promise to residents and citizens of …read more →
Lagos Is Issuing Fresh N85 Billion Bonds To Secure the Future of its Infrastructure
The Lagos State House of Assembly said it approved the state government’s request to issue fresh bonds and take a bank loan because of the relief it would bring to the state. Governor Babajide Sanwo-Olu had asked the state legislators to approve a N85 billion special dispensation for bond redemption and for bridge loan. In …read more →
Okowa’s 799 Road Projects Top the Bill of Significant Infrastructure Development in 6 years
Governor Ifeanyi Okowa of Delta Statehas said that his administration embarked on a total of 799 road projects comprising 1,577.8 kilometres of roads and 908.8 kilometres of drainage channels and other infrastructure that has made significant impact on the development of the state in spite of daunting challenges in the past six years. The governor, who …read more →
Land Transactions in Lagos Fully Go Digital in 2021 – Sanwo-Olu
Beginning from first quarter of next year, all land related transactions in Lagos State will be undertaken online, Governor Babajide Sanwo-Olu disclosed last Wednesday. The plan, the Governor said, is to further accelerate the process of getting approvals on land matters and create an enduring business-driven property development market in the State. Sanwo-Olu made the …read more →
Access Bank Commissions Oniru Road Project in Partnership with Lagos State Government
As part of efforts to ensure a hitch-free movement around the Victoria Island – Lekki Axis, Access Bank PLC on Thursday, 24 September, commissioned its Oniru road project with the Executive Governor of Lagos State, Babajide Sanwo-Olu, in attendance. Having moved its corporate Head Office from Danmole Street, Victoria island to Oniru, Access Bank undertook …read more →
Lagos 4th Mainland Bridge: Julius Berger, CCECC, 8 others Scale First hurdle
Julius Berger and Chinese construction firm CCECC Nigeria Limited and eight other companies have been shortlisted by the Lagos State government to participate in the construction of the proposed fourth mainland bridge. Chief Press Secretary to the state governor, Gboyega Akosile said the 10 companies were shortlisted from the list of 32 eligible firms that …read more →
President Buhari Commissions Ore-Interchange Flyover, Assures FG Will Sustain Massive Investments in Infrastructure
President Muhammadu Buhari has inaugurated the Ore Interchange Flyover on the Shagamu–Ore–Benin Expressway in Ondo State with an assurance that the Federal Government will sustain massive investments in the provision of infrastructure across the country.The President during a working visit to Ondo State also commissioned the Ondo-Linyi industrial hub. Speaking at the inauguration of the …read more →
Lagos State and Lagosians are culpable for the pipe-line explosion disaster in Abule Ado – Tony Alabi
As FG moves to reclaim Abule Ado from house owners An architect and expert in built environment, Dr Tony Alabi has declared that Lagos State and Lagosians are culpable for the pipe-line explosion disaster in Abule Ado having been involved in the approval processes that were not suitable for such locations. Also the problems of …read more →
Construction of Tower with World’s Longest Cantilever in Dubai Over 30% Complete
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 →