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China Exim Bank
The Minister of State for Aviation, Senator Hadi Sirika, says the Nigeria Air project is currently at the procurement stage, and awaiting the approval of the Federal Executive Council.
The Buhari Media Organization (BMO) is mocking the opposition Peoples Democratic Party (PDP) for claiming that former President Goodluck Jonathan financed the Port Harcourt airport.
The Buhari Media Organisation has assured that the President Muhammadu Buhari-led administration will not back down on its avowed commitment to complete all ongoing infrastructure projects within the specified time, regardless of what opposition parties say.
You will recall that after opening the major airport terminals in the country in the late 70s and early 80s, not much was added to increase the passenger handling capacity of these facilities by successive administrations.
President Muhammadu Buhari says the recent decision by the Federal Government to remove Value Added Tax (VAT) from domestic air transportation is to make air travel more affordable to citizens.
East African countries are now spending almost eight per cent of their revenues to service $29.42 billion loans borrowed in the past 10 years.
Rotimi Amaechi, minister of transportation, says the federal government is negotiating a $6 billion loan with the Chinese government to complete the Ibadan to Kano rail track.
The Federal Government has read the riot act to China Construction Engineering Civil Company (CCECC) urging them to increase the pace of work on the ongoing Ajaokuta, Itakpe, Warri railway project or risk revocation of the contract.
Former President Olusegun Obasanjo has called on the government of the Peoples Republic of China to earmark at least $10 billion annually to support infrastructure provision in Africa for a period of 10-years.
President Muhammadu Buhari on Wednesday in Abuja stressed the need for political commitment towards reviving the Lake Chad Basin.
The Senate Monday begged the Ministry of Communication to provide funds for its annual conference on cyber space security.
The Minister of Communication, Alhaji Adebayo Shittu, on Wednesday updated President Muhammadu Buhari on the approved procurement of two new satellites from China at the cost of 550million dollars.
Nigeria has agreed a $550-million deal to buy two Chinese communications satellites and hopes to sign the contract before the end of the month, the communication minister said on Wednesday.
Minister of Transportation, Rotimi Amaechi, on Tuesday stated that Nigeria needed about $36bn to connect rail lines across the country.
The Conference of Nigerian Political Parties (CNPP) has urged President Muhammadu Buhari to sack inefficient ministers in his cabinet.
The China National Electric Engineering Company Limited (CNEEC), which is handling the 700 megawatts hydro-electricity power plant in Zungeru, Niger State, yesterday gave reasons the December 2019 delivery date of the project might not be feasible.
The Minister of Transportation, Mr Rotimi Amaechi, says the Federal Government will soon ensure that all the states are connected to rail services very soon to enhance commercial activities.
Sen. Gbenga Ashafa, Chairman Senate Committee on Land Transport has said that the ongoing Lagos-Ibadan Standard Gauge Railway line would create additional 7000 jobs for the teeming youths.
Findings of the survey carried out by Ovum showed that telecommunications companies in the two countries have already commenced 5G applications in different sectors of the economy.
The Movement for Transparent Elections (MTE), a Civil Society Organisation (CSO) has warned that further delay in release of the budget of the Independent National Electoral Commission (INEC) portends great danger to Nigeria’s democracy.
Palestinians in Gaza fired scores of rockets, mortar bombs and at least one anti-tank missile into southern Israel on Monday while Israel launched retaliatory air strikes.
A Federal High Court in Lagos on Monday dismissed applications for case transfer filed by Sen. Ayo Adeseun and Olanrewaju Otiti, seeking transfer of a criminal charge against them to the Ibadan Division of the court.
The Nigeria Deposit Insurance Corporation (NDIC), says it is monitoring investigations of directors and management of the failed Skye Bank Plc being carried out by law enforcement agencies.
Bayern Munich are struggling to fill the creative hole left by Thiago Alcantara's injury as they host AEK in the Champions League on Wednesday trying to secure a last 16 berth with trouble brewing for head coach Niko Kovac.
Palm Springs, California, last year became the first locality in the U.S. to do so, according to the Victory Fund, which tracks lesbian, gay, bisexual, transgender and queer candidates and elected officials, NBC News reports.
Stuart Baxter will be sacked as Bafana Bafana head coach should the men’s national team fail to qualify for the upcoming 2019 African Cup of Nations tournament.
The Shehu Musa Yar’Adua Foundation is set to promote climate-smart agriculture as a strategy to boost food security in the country.
Temitope Mustapha, a news editor with the Voice of Nigeria (VON), has recounted how she was almost stoned to death during last month’s religious crisis in Kaduna State.