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Lagos State Government has said the construction of the proposed 4th Mainland Bridge is estimated to cost $2.5 billion.
No fewer than 685 traders lost properties worth N902.1 million to the March 22 fire incident at the Katsina Central Market, the investigating committee has said.
The Nigerian National Petroleum Corporation (NNPC) expects an investment of about $8.7 billion to flow in during the rehabilitation of the Warri Refinery and Petrochemical Company (WRPC), the Kaduna Refinery and Petrochemical Company (KRPC), as well as the revamping of some of its 5,000-kilometre pipelines throughout the country.
The House of Representatives says Nigeria is losing $90.5 million annually to shoddy concession deals in the aviation sector.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has moved to justify the $1.5 billion contract cost for the rehabilitation of the Port Harcourt refinery, saying a new one may cost up to $12 billion to build.
The Federal Government and the United Nations Industrial Development Organisation (UNIDO), have revealed plans to work together in order to cut down energy consumption by industries in Nigeria.
To ensure the drive by the federal government to boost exports succeeds, the government has been urged to simplify the process through the removal of factor associated with delays, multiplicity of product inspection and the high cost in export process.
Gov. Dave Umahi, who handed over the allocation letter to the Managing Director of the Authority, Prof. Adosoji Adasugba in Abakaliki on Tuesday, expressed the hope that the project would stimulate growth and create employments.
Speaking yesterday in Abuja while declaring open a-five-day interactive session organised by the Senator Olamilekan Adeola, All Progressives Congress, APC, Lagos West led Senate Joint Committee on Finance and National Planning Stakeholders on the details of the 2021 and 2023 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) forwarded last month by President Muhammadu Buhari, the President of the Senate called for Public-Private Partnership, PPP to build critical infrastructure in the country.
Chadian army officers and intelligence officials were sentenced on Friday to up to 10 years in prison for drug trafficking, the state prosecutor and their lawyer told AFP.
In order to reduce the acute housing deficit in the country, some experts in the built environment have suggested that government should massively build and transfer houses either by low-cost scheme or another system.
The House of Representatives has set up an enquiry into allegations that the recently recovered $308 million Abacha loot which the Presidency said will be used to expedite work on three major infrastructures i.e. Lagos – Ibadan Expressway, Abuja – Kano Expressway and the Second Niger bridge may be diverted into private accounts, using Julius Berger, as a conduit.
Nigeria may face another $2.3bn fine in arbitration in France over an alleged breach of contract on Mambilla Hydroelectric project.
Performing the inauguration, Osinbajo said that encouraging Public Private Partnership (PPP) and private capital investment, especially in commercially viable public infrastructure remained a major policy thrust of the President Muhammadu Buhari administration.
The University of Ibadan, Oyo State, on Tuesday held orientation programme for the newly admitted 4000 students out of over 20,000 who sat for its Post-Unified Tertiary Matriculation Examination (UTME).
In a bid to diversify its energy sources and optimise other assets for power production, Nigeria is targeting 30 per cent of its energy needs from renewables by 2030.
The Customer Eligibility Policy of the Federal Government has started yielding result, with five industrial customers presently buying electricity directly from Generation Companies.
The Edo State Government has revoked the N863.7 million Edaiken Modern Market awarded to Prane Business Integrated Ltd. in October 2014 under the Public Private Partnership (PPP).
The Akwa Ibom State Commissioner for Housing & Special Duties, Mr. Akan Okon, has said that work on the Ibom Deep Seaport project has attained 75 percent completion.
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Three suspected armed robbers on Saturday were involved a ghastly motor accident at Ode-Remo, Ogun State, while escaping with a car they allegedly snatched at gunpoint.
A group of Russians detained by the police in a part of northern Chad where the army has been battling a rebel invasion from Libya said on Wednesday that they were tourists who had come to sightsee in the Sahara Desert.
President of the Senate, Ahmad Lawan, has said that the upper chamber will publish the names of government agencies that have refused to appear before the Public Accounts Committee to defend the interrogations of the Auditor-General for the Federation in the 2015 report.
Gov. Seyi Makinde of Oyo State has urged local government chairmen in the state to upscale intelligence gathering in their respective council areas.
Super Eagles coach Gernot Rohr was present at the first training session of selected Nigeria Professional Football League players in Abuja on Wednesday.
In an effort to decongest correctional centres, the Lagos State Ministry of Justice on Thursday held a plea bargain session for some inmates at...
Old foes England and Scotland will do battle on Friday inside Wembley stadium in Group D of the on-going European Championship.
Low turnout of voters has characterized Saturday’s State Assembly bye-election in Sabin Gari constituency of Zaria town in Kaduna state.
More than 40 countries urged China on Tuesday to allow the U.N. human rights chief immediate access to Xinjiang region to look into reports that more than a million people have been unlawfully detained there, some subjected to torture or forced labour.
A former governor of Kano State, Ibrahim Shekarau, has urged the All Progressive Congress (APC) to field a southerner as its presidential candidate in 2023.