Home Topics Infrastructure

Infrastructure

Economic summit: 22 investors show interest in Osun

As the 2019 Osun Economic and Investment Summit came to an end on Thursday, no fewer than 22 investors have shown interest in partnering with and investing in the state.

Osun is new investment destination

Osun State has been identified as the new investment destination in Nigeria with huge potential to generate revenue from agriculture, tourism, culture, among others.
Acting Finance Minister of Finance Zainab Ahmed

Federal government to remove tax exemption on oil companies’ dividends

Dividends paid from the profits of oil companies will no longer be tax-exempt if the finance bill submitted by President Muhammadu Buhari is passed by the national assembly.
The Kayode Fayemi administration in Ekiti State says it has defrayed inherited debts to the tune of 31 billion naira since assumption of office.

Ekiti government to reconstruct Ado township roads

Ekiti State governor, Kayode Fayemi, at the weekend said his administration would soon begin the reconstruction of Ado township roads many of which have become deplorable as a result of lack of maintenance in the last four years.

Nigerian banks attract $4.74 billion foreign investments in six months

Data obtained from the National Bureau of statistics showed that the amount of investment attracted by 22 banks accounted for 33.16 per cent of the total amount of foreign investment recorded in the first half of the year, which stood at $14.31bn.
Mr Babatunde Lawal, the Permanent Secretary, Cabinet Affairs office (CAO), Office of the Secretary to the Government of the Federation (OSGF) disclosed this on Saturday in Lagos State.

Federal government to set up unit to monitor FEC’s approvals

Mr Babatunde Lawal, the Permanent Secretary, Cabinet Affairs office (CAO), Office of the Secretary to the Government of the Federation (OSGF) disclosed this on Saturday in Lagos State.
Ekiti State Governor Kayode Fayemi

Governor Fayemi presents N124.7 billion 2020 budget to Ekiti Assembly

The Governor of Ekiti State, Kayode Fayemi, has presented a 2020 appropriation bill of N124.7 billion to the Ekiti State House of Assembly.
Abdullahi Umar Ganduje

Governor Ganduje proposes N197.6 billion budget for 2020

Governor Abdullahi Ganduje has presented a budget proposal of N197.6 billion for 2020 before Kano State House of Assembly.

Kogi guber: Heroic welcome for Wada in Lokoja/Kotokarfe

Peoples Democratic Party (PDP) governorship candidate, Musa Wada, has promised to fix all infrastructure inherited from the past administrations by Governor Yahaya Bello, some of which have either been vandalised or left to rot away.
Vice President Yemi Osinbajo attended a church service on Sunday at the RCCG Regional Parish in New York, United States, where he gave a sermon and also prayed fervently for Nigeria 3

Identity of ‘sacked’ VP Osinbajo aides revealed

Jibola Ajayi, daughter of Abiola Ajimobi, former governor of Oyo state and Babajide Awolowo, grandson of Obafemi Awolowo, were among the sacked aides.
Abdullahi Umar Ganduje

2020 budget: Kano governor proposes N197.68 billion

Gov. Abdullahi Ganduje of Kano State, on Thursday, presented the state’s 2020 budget of N197.68 billion to the House of Assembly for approval.
Governor Dapo Abiodun of Ogun State has assured industrialists in the state of his administration’s readiness to put an end to the deplorable state of road network affecting manufacturers and other road users in the state.

Let’s deregulate oil sector to build roads – Ogun governor

Ogun State Governor, Prince Dapo Abiodun, has stressed the need for the deregulation of the petroleum sector to make fund available for the construction of roads and provision of other basic amenities.

NEITI: Nigeria loses $42 billion to crude oil theft in 10 years

The Nigeria Extractive Industries Transparency Initiative (NEITI) on Wednesday revealed that the country in the last 10 years lost $42 billion to crude oil theft.

Senate summons central bank chief over exchange rates for infrastructure projects

The Senate Committee on Finance has summoned the Governor of Central Bank of Nigeria, Godwin Emefiele, to appear before it on Monday.
Power returned to much of Argentina and two neighboring countries following a massive blackout that left tens of millions in the dark on Sunday.

TCN: $1.66 billion from international donors increases power generation

The Managing Director of Transmission Company of Nigeria (TCN), Alhaji Usman Mohammed, said that the 1.66 billion dollars received from international donors increased generation capacity in the country.

Nigerian farmers’ group seeks collaboration to boost productivity

The Nigeria Farmers Group and Cooperative Society (NFGCS) has called for collaboration between federal, states and local governments in a bid to increase production capacity across the country.
President Muhammadu Buhari Wednesday held talks with King Salman in Riyadh, on the sidelines of the second day of the Future Investment Initiative (FII) conference. 1

President Buhari welcomes Saudi Aramco’s partnership with NNPC to revive its subsidiaries

President Muhammadu Buhari Wednesday in Riyadh welcomed the commitment of Saudi energy company, Aramco, and Public Investment Fund (PIF) to explore areas of collaboration for investments in Nigeria, including partnership with the NNPC to revive the nation’s refineries.
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

AfDB reveals finding on Nigeria’s aviation sector road map

The African Development Bank (AfDB) said it was willing to assist Nigeria develop its aviation sector road map put together in 2012.

Recent Stories

Plateau Commissioner of Police, Isaac Akinmoyode, has said that INEC supplementary election in the state was so far going on peacefully.

Kogi elections: Coalition urges INEC to create more polling units

A Coalition of Accredited Domestic Election Observers for Kogi governorship election has advised the Independent National Electoral Commission (INEC) to create more polling units across the country.
Mohammed Salah Jurgen Klopp Liverpool

Liverpool manager Jurgen Klopp sweating on Mo Salah’s fitness ahead of Palace trip

Liverpool manager Juergen Klopp faces an anxious wait over the fitness of forward Mohamed Salah as the Premier League leaders prepare for a trip to Crystal Palace on Saturday.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

EFCC: How Kwara ex-commissioner, lawmakers ‘shared N5 billion’

Economic and Financial Crimes Commission (EFCC) is currently drilling a former member of the Kwara state House of Assembly Hon Moshood Bakare and ex-chairman of the state Internal Revenue Service (KWIRS) Prof Muritala Awodun, over the alleged missing KWIRS five billion Naira money.
President Buhari inaugurates APC Women and Youth Campaign Team at the State House on 3rd Dec 2019-5

President Buhari, APC governors to meet in Jos

President Muhammadu Buhari will arrive Jos, the Plateau State capital for a two-day meeting with governors elected on the platform of the All Progressives Congress.
Israel Sunny-Goli

Bayelsa guber: Reps member tells Governor Dickson to go to court

The House of Representatives member representing Nembe/Brass Federal Constituency, Hon Israel Sunny-Goli, has advised Governor Henry Seriake Dickson to be a good sportsman and accept the defeat suffered by the Peoples Democratic Party (PDP) in the November 16 governorship election in Bayelsa State.