Infrastructure News & Reports

Fashola calls for accelerated infrastructural development

The Minister of Power, Works and Housing, Babatunde Raji Fashola, has called for accelerated infrastructural development in the country in order to foster prosperity. He said there was nothing wrong with Nigeria as a country, saying wrong choices that were made in terms of infrastructure and investment in the past were the problems. Speaking to …read more →

Infrastructure Financing Photo News

Nigeria injects N98.85bn Sukuk bond into road construction

The Federal government of Nigeria is set to use N98.85bn (US $274.6m) Sukuk bond to construct 642.69 kilometres of roads across in the country and further support the government’s capital spending on road projects already captured in the 2018 budget. Minister of Power, Works and Housing, Mr. Babatunde Fashola confirmed the reports and said the cheque for the money was …read more →