NIGERIAN GOVT. ANNOUNCED PLANS TO COMPENSATE AFFECTED VICTIM OF CONSTRUCTION OF 4.2KM RUNWAY

NIGERIAN GOVT. ANNOUNCED PLANS TO COMPENSATE AFFECTED VICTIM OF CONSTRUCTION OF 4.2KM RUNWAY

Nigeria Federal Capital Territory FCT minister, Nyesom Wike, has resolved the months-long dispute regarding the establishment of a second runway for Nnamdi Azikiwe International Airport, Abuja, annuncing N825.819 million as compensation for indigenes of the territory to pave way for the construction of the 4.2km runway. The Federal Executive Council, FEC, had in March 2022, approved the second runway, with the project broken into four components and meant for commissioning by June of 2023. However,…

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FCTA TO FINALIZED CONSTRUCTION OF ABUJA RAIL MASS TRANSIT PROJECT IN 12MONTHS

FCTA TO FINALIZED CONSTRUCTION OF ABUJA RAIL MASS TRANSIT PROJECT IN 12MONTHS

The multi-billion-naira Abuja Rail Mass Transit project which was abandoned for more than four years after being commissioned by President Muhammadu Buhari in 2018 may be completed in 12 months from now as the Federal Capital Territory Administration (FCTA) has taken a step to rehabilitate and continue the project. The project was originally designed to find concrete solutions to transportation challenges-heavy traffic in the Federal Capital Territory (FCT) and its environs since many residents of…

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CONSTRUCTION FIRM TO FIX DAMAGED KALJANGA BRIDGE IN NIGERIA

CONSTRUCTION FIRM TO FIX DAMAGED KALJANGA BRIDGE IN NIGERIA

The construction firm engaged by the Federal Government to fix the damaged Kaljanga Bridge on the ever-busy Bauchi-Gombe highway, Anaco Nigeria Limited, has pledged to reactivate the bridge within three days. According to reports that heavy downpour on Sunday morning had caused flooding on a portion of the Bauchi-Gombe road and washed away the bridge at Kaljanga village in Bauchi State, thereby cutting off the North-East zone from other parts of the country. The development…

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CONSTRUCTION OF FLYOVER BRIDGE IN AKURE, NIGERIA BEGINS

CONSTRUCTION OF FLYOVER BRIDGE IN AKURE, NIGERIA BEGINS

Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, has commenced the construction of the Onyearugbulem/Shagari/Irese flyover in furtherance of the infrastructure drive of his administration. The flyover, when completed, will be the first flyover in the state capital since the creation of Ondo State in 1976. It will also be the second flyover constructed by the Akeredolu led-administrations, following the Ore Redemption Bridge in Ore, Odigbo local government area. Commissioner for Infrastructure, Lands and Housing, Engr. Raimi…

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NIGERIA ELECTRICITY CHALLENGES: HOW ELECTRICITY GENERATION ARE DROPPING WEEKLY

NIGERIA ELECTRICITY CHALLENGES: HOW ELECTRICITY GENERATION ARE DROPPING WEEKLY

Nigeria’s electricity generation, yesterday, dropped Week-on-Week, by 16.4 percent to 3,501.20 megawatts, MW, from 4,187.6 MW recorded Thursday, last week. A local report indicated the situation occurred because of many factors, including the poor state of plants and the low gas supply to thermal plants. The development has pushed the Electricity Distribution Companies, DISCOs, to embark on load shedding to spread the limited electricity to many at different times. This is coming as the Nigerian…

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UKRAINE GOVT SIGN MoU TO BUILD GRAIN TERMINAL AT LEKKI PORT

UKRAINE GOVT SIGN MoU TO BUILD GRAIN TERMINAL AT LEKKI PORT

Following the destruction of its food export terminals, the Ukrainian Ministry of Agrarian Policy and Food in collaboration with Lagos Free Zone, a venture of the Tolaram Group, has signed a Memorandum of Understanding, MoU, to build a grain terminal in the Lekki port, Nigeria. Ukraine, before it was invaded by Russia, was the largest exporter and producer of wheat. The MoU was signed on Friday at the Ukraine Recovery Conference in London, according to…

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SA AND NIGERIA TO COLLABORATE ON INFRASTRUCTURAL DEVELOPMENT

SA AND NIGERIA TO COLLABORATE ON INFRASTRUCTURAL DEVELOPMENT

Mr. Mseleku said that although both Nigeria and South Africa were learning from each other in implementing PPPs, there was a need for both nations to rekindle their collaboration and take it to a greater height. The South African Government has sought the collaboration of the Nigerian Government on mutually beneficial infrastructure development through Public Private Partnerships (PPPs). This is contained in a statement signed by Manji Yarling, Acting Head, Media and Publicity, Infrastructure Concession…

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KANO BUILDING COLLAPSE: ONE DEAD AND THREE INJURIED IN NIGERIA

KANO BUILDING COLLAPSE: ONE DEAD AND THREE INJURIED IN NIGERIA

The authorities of the Kano State Fire Service have confirmed one dead following the collapse of the demolished Daula hotel in the state. The spokesperson of the service, Saminu Yusif, said the victim yet to be identified was rescued dead after he was trapped under the debris of the demolished building. Yusif said three others were rescued alive. “So far, we rescued four victims. Three were rescued alive while the other one was found dead….

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TRANSMISSION COMPANY OF NIGERIA RESTORE POWER AFTER FIRE INCIDENT AT NATION CAPITAL

TRANSMISSION COMPANY OF NIGERIA RESTORE POWER AFTER FIRE INCIDENT AT NATION CAPITAL

The Transmission Company of Nigeria(TCN) says it has restored power supply to its Alagbon Transmission Substation after a fire incident. The incident happened at about 4.32 pm on Wednesday and affected one of its 60 Mega Volt Ampere (MVA) power transformers in the substation. Mrs. Ndidi Mbah, General Manager of Public Affairs of TCN, made this known in a statement in Abuja on Thursday. According to her, the operator on duty heard a heavy bang…

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PRESIDENT BUHARI COMMISSIONED 2ND NIGER BRIDGE IN NIGERIA

PRESIDENT BUHARI COMMISSIONED 2ND NIGER BRIDGE IN NIGERIA

President Buhari, who performed the commissioning of the bridge via Zoom on said the bridge is one of the critical infrastructures delivered by his administration to fight poverty, promote economic growth and ensure progress for the people. He noted that the bridge and other projects being commissioned symbolized his administration’s sharp focus on delivering prosperity across the country. “I am honored to hand over this bridge and other projects for public use. The bridge will…

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HOW WOULD NIGERIAN BENEFIT AFTER DANGOTE REFINERY COMMISSIONING

HOW WOULD NIGERIAN BENEFIT AFTER DANGOTE REFINERY COMMISSIONING

President Muhammadu Buhari launched the Dangote Petroleum Refinery and Petrochemicals Complex, Africa’s largest petrochemical refinery, and the world’s largest single-train petroleum refining facility yesterday on Monday. Owned by Africa’s richest man, Alhaji Aliko Dangote, it is estimated to have cost N8.7 trillion ($19 billion). But what exactly does the Nigerian public stand to benefit from — and how does it affect our lives? The refinery is located in the Lekki Free Trade Zone in the…

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NIGERIA GOVT. COMMENCED CONSTRUCTION OF VACCINE HUB

NIGERIA GOVT. COMMENCED CONSTRUCTION OF VACCINE HUB

The minister said each of the hubs was centralized to serve two geopolitical locations. The Nigerian government has commenced the construction of standard vaccine hub projects in Abuja, Lagos, and Kano states. The Minister of Health, Osagie Ehanire, while speaking at the ground-breaking ceremony in Abuja on Thursday said the construction of the hub is part of efforts to massively expand vaccine storage capacity at the national level. Mr. Ehanire said each of the hubs…

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KENYA GOVT. PLANNING TO BUILD 33 DAMS IN VARIOUS COUNTIES

KENYA GOVT. PLANNING TO BUILD 33 DAMS IN VARIOUS COUNTIES

The Ministry of Water, Sanitation, and Irrigation is planning to build 33 dams in various counties to alleviate the perennial water scarcity that affects millions of people. In a tender advertisement seen by Capital Business, the Ministry invited prospective bidders for the design, operation, and maintenance of the facilities. It says that the projects will be implemented under the public-private partnership (PPP) framework in line with the Kenya PPP Act 2021 and other applicable laws…

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NIGERIA GOVT. ORDER CLOSURE OF IJORA-OLOPA BRIDGE AFTER MISCREANTS VANDALIZED ROAD

NIGERIA GOVT. ORDER CLOSURE OF IJORA-OLOPA BRIDGE AFTER MISCREANTS VANDALIZED ROAD

The federal government has ordered the immediate closure of the Ijora-Olopa Bridge on the back of the discovery that some miscreants have tampered with the major reinforcement elements of the deck from underneath, the government said in a press release. The FG made this known on its official Twitter handle, saying that the discovery has led to the failure of a section of the Bridge along Ijora Olopa Road, beside Water Corporation, Ijora. The failed…

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RIVERS STATE GOVT. DEMOLISHED TWIN STRUCTURES OWNED BY BAYELSA STATE GOVT. IN NIGERIA

RIVERS STATE GOVT. DEMOLISHED TWIN STRUCTURES OWNED BY BAYELSA STATE GOVT. IN NIGERIA

Rivers State Government has commenced demolition of property owned by the Bayelsa State Government in the Old GRA, Port Harcourt with the demolition squad barring journalists from taking pictures and coming near the scene. The twin structures of 12 flats occupying Plots 34 & 35 (No 5 Akassa Street) and Plot 37 (No 9 Akassa Street ) in the Golf Course Extension Layout, Port Harcourt, serve as the official residence for workers of the Bayelsa…

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HOW NIGERIA NEEDS US$100BILLION ANNUALLY TO FIX INFRASTRUCTURE

HOW NIGERIA NEEDS US$100BILLION ANNUALLY TO FIX INFRASTRUCTURE

The Director General of the Budget Office, Ben Akabueze, says Nigeria needs a minimum of $100 billion annually to fix the infrastructural needs of the country. Mr Akabueze said the funding must come from both government and private entities to meet the annual target of infrastructural investments. He stated this on Wednesday during the induction of members-elect of the National Assembly in Abuja. Mr Akabueze said both the federal and subnational governments have not been…

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NIGERIA GOVT. CALLS FOR PATIENCE OVER RECONSTRUCTION OF LAGOS-IBADAN EXPRESSWAY

NIGERIA GOVT. CALLS FOR PATIENCE OVER RECONSTRUCTION OF LAGOS-IBADAN EXPRESSWAY

As the reconstruction work on the Lagos-Ibadan Expressway enters its final phase, the federal government has appealed for the patience and understanding of motorists on account of the heavy traffic being experienced on the stretch from Toll Gate to Kara Bridge in Lagos. The Minister of Works and Housing, Babatunde Fashola, in a press release signed by his Special Adviser on Communications, Hakeem Bello, said he empathizes with members of the public who have had to…

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ANOTHER BUILDING COLLAPSED IN LAGOS STATE, NIGERIA AS DEVELPER IGNORE STOP WORK SIGN

ANOTHER BUILDING COLLAPSED IN LAGOS STATE, NIGERIA AS DEVELPER IGNORE STOP WORK SIGN

Lagos State government says the developer ignored a ‘Stop Work’ order after another building under construction “partially” collapsed in the Apapa area of Lagos on Sunday. The news comes barely two weeks after a seven-storey building under construction collapsed leaving one dead in the Banana Island area of the state. Mukaila Sanusi, spokesperson of the Lagos State Ministry of Physical Planning and Urban Development, said in the latest incident that the developer ignored an instruction from the…

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NIGERIA RAIL TRANSPORT REVENUE DROPS 21% FROM N5.6BILLION TO N4.5BILLION

NIGERIA RAIL TRANSPORT REVENUE DROPS 21% FROM N5.6BILLION TO N4.5BILLION

Revenue generated from rail transportation fell by 39 percent, year-on-year (YoY), to N4.5 billion in 2022 from N5.6 billion in 2021. The decline in revenue may be attributed to the suspension of rail services in parts of the country due to security challenges during the period. Recall that a result of a security breach at the Ajaokuta train station in February 2022 forced the Nigerian Railway Corporation (NRC) to suspend Lagos-Ibadan and Ajaokuta train services….

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LAGOS STATE TO PROBE COLLAPSED BANANA ISLAND SEVEN STOREY BUILDING IN NIGERIA

LAGOS STATE TO PROBE COLLAPSED BANANA ISLAND SEVEN STOREY BUILDING IN NIGERIA

The Lagos State government says its officials are assessing the situation at an unapproved seven-floor building under construction which collapsed in Banana Island Wednesday evening. The state government said this on Wednesday in a statement by the spokesperson of the state Ministry of physical planning and urban development, Mukaila Sanusi. The statement said some persons who sustained injuries in the incident were being treated. “There is no fatality. This unfortunate incident happened while casting was…

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