Construction

Governor Babajide Sanwo-Olu on Saturday flagged off the construction of the long-awaited Regional Road in Lekki region, Eti-Osa Local Government Area of Lagos State.

Civil Society Organisation, the Socio-Economic Rights and Accountability Project, has said former dictator, Sani Abacha, “stole far more than $1bn”.

The Nigerian Air Force, in an effort to ensure that its personnel live in a befitting residence, has commissioned two newly constructed blocks of 6 × 3 bedroom flats for married officers at the Sam Ethnan Air Force Base, Ikeja, Lagos.

The Lagos State Government on Wednesday said it will complete and deliver the Pen Cinema Bridge by November, 2020.

After a lockdown of more than two months, Tunisia on Tuesday conditionally reopened cafes and restaurants as part of its partial lifting of the anti-coronavirus restrictions.

The Petroleum Technology Association of Nigeria (PETAN) has commended the critical stakeholders involved in the signing of the Engineering, Procurement, and Construction (EPC) contract for the Nigerian Liquefied Natural Gas (NLNG) Limited Train 7 contract for their expertise.

In light of the disruptions and hardship caused by the coronavirus pandemic in the business environment, Lagos State Governor, Mr Babajide Sanwo-Olu, hinted that the state would help big companies operating in the state to prevent job loss.

Nigeria LNG Limited (NLNG), Bonny, Rivers state, says it has signed Engineering, Procurement and Construction (EPC) Contracts for much-anticipated Train 7 Project with the SCD JV Consortium, comprising affiliates of Saipem, Chiyoda and Daewoo.

Rivers State Governor Nyesom Ezenwo Wike has declared that his administration has sustained the execution of key projects because after coronavirus pandemic, Rivers people will require infrastructure to continue with life.

Lenders in the East African nation have so far restructured 81.7 billion shillings in loans since the central bank allowed them to offer relief to distressed borrowers on March 18, the central bank said last week.

The Oyo State Executive Council, on Tuesday, approved the award of the contract for the construction of four Ultra-modern Bus Terminals to be located in Iwo Road, Challenge, New Ife Road, and Ojoo.

The Afghan government said it has launched an investigation into claims that migrants attempting to enter Iran drowned after being forced into a river by Iranian border guards.

The Federal Capital Territory Administration has said it will enforce strictly the ban on interstate travel and other guidelines regulating the easing of the lockdown as part of measures to contain the spread of COVID-19 in the nation’s capital.

London’s Heathrow airport on Friday said the building of a third runway at Europe’s busiest hub would be delayed by at least two years for legal reasons and the coronavirus outbreak.

The governor of Osun State, Gboyega Oyetola, has announced the relaxation of the lockdown in the state from May 4.

Kenya’s central bank cut its benchmark lending rate again on Wednesday, to 7.0% from 7.25%, saying measures to tackle the impact of the coronavirus were having an effect but it needed to do more due to the adverse economic outlook.

Tunisia will start relaxing its coronavirus lockdown next week, reopening parts of the food and construction sectors and allowing half of government employees to return to work, it said on Wednesday.

Kenya’s economy grew by 5.4% in 2019, down from 6.3% the previous year, partly because of a slowdown in the agricultural, manufacturing and construction sectors, finance minister Ukur Yatani said on Tuesday.