WHY NIGERIAN ELECTRICITY SUBSIDY WILL CONTINUE TO GROW

Electricity Subsidy in Nigeria grew by 22.16 per cent from N528 billion in 2019 to N645 billion in 2023, latest figures from the Nigerian Electricity Regulatory Commission, NERC, has shown

With the Commission projecting N1.6 trillion as electricity subsidy for 2024, total subsidy in the past 10 years is expected

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RIVERS GOVERNOR INSPECT PORT-HARCOURT DUAL CARRIAGE RING ROAD IN NIGERIA

Rivers State Governor, Sir Siminalayi Fubara has expressed satisfaction with work on the Port Harcourt Dual Carriage Ring Road and assures of delivering the project within the scheduled 36 months.

Governor Fubara on Wednesday embarked on an inspection tour of some sections of the 50.15 kilometers road taking through Elikpokpodu

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NIGERIA SOVEREIGN SET TO BUILD 20 MEGA POWER PLANT

Nigeria’s sovereign fund plans to build a 20 megawatts solar power plant in partnership with a local firm, first phase of a 300 megawatts project, the country’s Vice President Kashim Shettima said on Tuesday.

Shettima did not disclose the cost of the project or when construction will start.

Nigeria, with

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NIGERIA FEC APPROVED N757BILLION FOR DUALISATION OF 489KM OBAJANA-BENIN ROAD PROJECT

The Federal Executive Council, FEC, on Wednesday approved N757 billion as augmentation for the dualisation of the 489km Obajana-Benin Road.

This is as the government has explained that the rising cost of production is responsible for the recent cement price hike, and not its concrete road policy.

These among others

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WHY NIGERIANS MAY OPT FOR CONTAINER HOUSE DUE TO HIKE IN CEMENT PRICE

As the economic downturn continues, all areas of Nigerian lives and plans are also striving to grapple with the situation, as areas like housing and rent are also being affected.

Nigerians are used to building with cement, but now have to go for other alternatives, as the price of cement

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NIGERIA GOVT. SIGN MoU WITH UK FIRM TO DEVELOP ABUJA TECH CITY

The Federal Government through the Federal Ministry of Innovation, Science and Technology has signed a Memorandum of Understanding (MOU) with Domineum/ Edenbase UK for the development of Abuja Tech City.

The Minister of Innovation, Science and Technology, Uche Nnaji, signed the agreement on behalf of the government in Abuja on

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NIGERIA FCT MINISTER FLAG OFF REHABILITATION OF GWAGWA-DEIDEI ROAD

Nigeria FCT Minister Wike has pledged to rehabilitate the Gwagwa-Karimo-Deidei road to ease traffic congestion.

The Minister of Federal Capital Territory (FCT), Nyesom Wike, on Wednesday, flagged off the construction of the five-kilometer access road in Saburi, Abuja Municipal Area Council (AMAC).

The event marked the sixth and final ceremony

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STATE GOVT. TO BUILD ₦40M OFFICE AT ONE OF BOKO HARAM STRONGHOLD IN NIGERIA

From their enclave, the terrorists have staged violent attacks against civilians and security personnel including local vigilantes trying to subdue their reign.

The Niger State Government has budgeted N40 million for the “construction and furnishing of offices” at Allawa Game Reserve, a stronghold of Boko Haram insurgents terrorizing the area.

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NIGERIA CONSTRUCTION INDUSTRY HITS HARD DUE TO RAISE IN COST OF MATERIALS

The rising cost of building materials in Nigeria is increasingly hitting the construction industry hard, with fears that a large number of projects could be put on hold as developers are now on edge about what to do.

Already, households are contending with soaring food prices and energy costs, and

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NIGERIA UNIVERSITY GET MASSIVE 600M POWER PLANT

Azura Power West Africa Limited has donated two plants which value is about N604 million to the University of Nigeria Nsukka (UNN), Enugu State, as part of its Corporate Social Responsibility.

Performing the ground-breaking ceremony at the Faculty of Engineering, UNN, the Managing Director of Azura Power West Africa, Mr

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FMBN SET TO REVAMP HOUSING DEMAND FOR NIGERIAN

The Federal Mortgage Bank of Nigeria has expressed its readiness to revamp and transform its operational activities to meet the housing demands of Nigerians.

The Managing Director of the Bank, Madu Hamman, gave the commitment at its 2024 Management Retreat held on Friday in Niger State.

The retreat was themed

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LAGOS STATE GOVT. WARN HOME BUYER OVER FAKE REAL ESTATE DEVELOPERS IN NIGERIA

Lagos State government has warned prospective home buyers to beware of fake real estate developers and Unscrupulous house agents in the state, citing the linkage of fraud, and high demand of percentage cuts linked to developers in the state.

The permanent secretary of the Ministry of Housing, Abdulhafis Toriola, who

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NIGERIA ELECTRICITY MINISTER SAY COMMUNITIES WILL STOP CONTRIBUTING FUNDS FOR INFRASTRUCTURAL PROJECTS

The Minister of Power, Adebayo Adelabu, has warned that communities will no longer be required to contribute money to buy transformers, electricity poles, or power lines by themselves, stating that it is the responsibility of the power distribution companies (DISCOs) to provide all needed infrastructure for power distribution and the

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ZAMFARA STATE GOVERNOR FLAG-OFF MULTIPLE STATE PROJECTS IN NIGERIA

The Governor of Zamfara State, Dauda Lawal on Saturday, flagged off the distribution of agricultural assets and farm inputs to farmers within Zamfara-west senatorial district of the state.

The flag-off ceremony which took place in Gummi local government area (LGA), was part of Nigeria’s COVID-19 Action Recovery and Economic Stimulus

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NIGERIA GOVT. ANNOUNCED PLANS TO SHUT DOWN SECTION OF THIRD MAINLAND BRIDGE JAN 9

The Federal Government has announced a planned closure of the Iyana Oworonshoki-Adeniji Adele section of the Third Mainland Bridge from 11.00 a.m. on Tuesday, Jan. 9, 2024.

The Federal Controller of Works, Lagos State, Mrs Olukorede Kesha, announced on Thursday in a statement.

Kesha said the closure would be done

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NIGERIA SENTOR SAYS PRISONERS FROM FOREIGN COUNTIRES WORKING AT CONSTRUCTION SITES

The chairman of the Senate Committee on Interior, Adams Oshiomhole, has raised the alarm that prisoners from foreign countries are working at construction sites in Nigeria.

He spoke in Abuja on Wednesday when the Minister of Interior, Olubunmi Tunji-Ojo, appeared before the National Assembly Joint Committees on Interior for a

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NIGERIA REPS AND NSE MEMBERS CLASH AT PLENARY SESSION OVER CONCRETE TECHNOLOGY

The Nigerian Society of Engineers said the House lacked the power to investigate the issue.

There was a mild drama on Thursday during the House of Representatives investigative hearing into the use of concrete technology for road construction as the lawmakers and the Nigerian Society of Engineers disagreed over the

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NIGERIA GOVERNOR INUAGURATE NEWLY RECONSTRUCTED UMUIMO ROAD

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