World Bank to restructure $200m project in Nigeria

January 29, 2024 Segun Odunewu 0

The World Bank has announced plans to restructure the Innovation Development and Effectiveness in the Acquisition of Skills (IDEAS) Project in Nigeria. The project, launched with a funding of $200 million, has faced challenges in meeting its objectives and will undergo significant changes to improve its effectiveness. The IDEAS project, which aimed at enhancing skills acquisition in Nigeria, has shown Read More

Wike’s infrastructure template in Rivers and development in FCT

January 22, 2024 Emeka Oraetoka 0

  In truth, not many Nigerians gave Nyesom Wike a chance of becoming the best Governor of Class 2015, not to talk of becoming the best governor in infrastructural delivery in Nigeria; but he effortlessly achieved the feat anyway. His achievements in Rivers state would have been disputed if the October 21, 2022 Distinguished Award in Infrastructure Delivery was not Read More

Official: US Secretary Blinken set to visit Nigeria, other African nations

January 18, 2024 Chizoba Ogbeche 0

The United State Secretary of State, Antony J. Blinken, is scheduled to travel to Nigeria, Cabo Verde, Cote d’Ivoire, and Angola, between January 21 and 26, 2024. A press statement by the US Mission indicted that throughout the trip, the Secretary would highlight how the United States has accelerated the U.S.-Africa partnership since the U.S.-Africa Leaders Summit, including in areas Read More

Power sector improvement: No retreat, no surrender

January 18, 2024 Admin I 0

During his working visit to Ibadan recently, the minister of power made it clear that improvement in power supply and infrastructure is a task that must be done as there is no going back on it being one of the cardinal objectives in the hope agenda of the administration. BAYO AGBOOLA reports. Going by the minister of power, Chief Adebayo Read More

Why FG must prioritise tourism for economic gains – Experts

January 14, 2024 Ahmid Lawal 0

An expert in the tourism sector, Dr. Tobi Bernard Thomas, has given an insight into why the Nigerian government must prioritized the tourism sector for the country’s economic gains. Thomas in a statement issued at the weekend, said  revenue from tourism can be used to expand the economy of the nation, just as he averred that only if infrastructure is Read More

Unveiling of PISE-P: The message, gains, prospects

January 2, 2024 Ikenna Okonkwo 0

  The landmark and official launch of Peace In South East Project (PISE-P) on Friday December 29, 2023 is one too many which resonates in communities, local government areas and and states within the region with trickling effects in parts of Nigeria. Clearly, the epoch-making event which held in the ancient Bende town, a well-known terrain in Abia State together Read More

Tudun Biri: Reps donate N75m to victims, N350m in infrastructure

December 12, 2023 AbdulRaheem Aodu 0

Members of the House of Representatives Monday donated N75 million to the victims of Tudun Biri bomb mishap, while pledging N350 million in infrastructural facilities and social amenities to complement the federal government’s rebuilding plan for the community. Chairman of the Northern Caucus of the House of Representatives, Hon. Alhassan Ado Doguwa, who led the Northern Caucus to the Sir Read More

The problem with Nigeria’s infrastructure deficit

December 12, 2023 Jerry Uwah 0

Nigeria’s infrastructure deficit is abhorrently high and successive governments have ignored it in the last 50 years. The dilapidated 123-kilometre Lagos-Ibadan Expressway (the only expressway in Nigeria) was under reconstruction for 19 years. The federal government started a steel mill in Ajaokuta, Kogi State in 1978. Some 45 years later it is still under construction. Ajaokuta has inadvertently crippled Nigeria’s Read More

AMAC infrastructure dev: Like Wike, like Maikalangu

December 4, 2023 Emeka Oraetoka 0

History was made in Nigeria on October 21, 2022, when a government in power honoured a governor from the opposition party, with Distinguished Award in Infrastructure Delivery at Nigerian Excellence in Public Service Award. For the purpose of refreshing the minds of Nigerians, here is the letter from presidency, intimating Governor Nyesom Ezenwo Wike, as he then was, of the Read More

Akpabio restates FG’s commitment to fixing Calabar-Itu highway 

November 29, 2023 Joseph Obung 0

The President of the Senate, Godswill Akpabio, has said the President Bola Tinubu-led federal government is poised to make commuters’ nightmarish experiences on the collapsed Calabar-Itu highway a thing of the past. Sen Akpabio, who gave the assurance in Calabar during the thanksgiving service of Senator Asuquo Ekpenyong of Cross River South, said the President had already shown his commitment Read More

Tinubu seeks NASS approval for fresh $8.7bn, €100m loans

November 29, 2023 Taiye  Odewale 0

  President Bola Ahmed  Tinubu has forwarded to both the Senate and the House of Representatives request for  approval for new loans of $8, 669, 168, 559billion and €100 million. Tinubu, in separate letters read on the floor of both chambers  Tuesday , explained to the federal lawmakers that the loans were earlier requested by President Muhammadu Buhari as contained in 2022 – Read More

Soludo seeks partnership with investors to ease accommodation challenges

November 26, 2023 Okechukwu Onuegbu 0

Anambra state governor, Professor Chukwuma Soludo, Saturday, sought partnership with real estate developers and other investors to develop communities and provide accommodation for  the teeming populace of the state. Soludo, who chaired the ground- breaking ceremony of Paradise City Estate, Enugwu-Agidi, Njikota local government area, stated that investing in housing and real estate would help to make the state prosperous Read More

Capital market can provide funding for infrastructure development – SEC

November 21, 2023 Benjamin Umuteme 0

The Securities and Exchange Commission (SEC) has outlined its desire to provide through the country’s capital market the needed funds to drive infrastructure development. Briefing newsmen after the third quarter Capital Market Committee meeting in Lagos, SEC’s Director General Lamido Yuguda said the Commission would focus on driving investors’ education as well as mobilize capital market funds for development. With Read More

Stakeholders advocate national geospatial data Infrastructure

November 16, 2023 Tope Sunday 0

Stakeholders in the surveying profession have advocated the establishment of the National Geospatial Data Infrastructure (NGDI) to improve mappings, and aid in the fight against insecurity. They also posited that the data infrastructure would also boost the country’s economy just as they called for proper monitoring. Geospatial technology is an emerging field of study that includes Geographic Information Systems that Read More

MTEF-FSP: FG turns to internal revenue, frowns at reliance on external borrowings

November 16, 2023 Taiye  Odewale 0

The Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, declared, Thursday, Nigeria  can no longer rely on borrowing to fund the 2023 national budget. The minister, who stated this when making presentation before the joint  Senate  Committee scrutinising the 2024-2026 Medium Term Expenditure Framework and Fiscal Strategy Paper, (MTEF-FSP) said the nation must make necessary sacrifices Read More

NCC to increase telecom GDP contribution to 22% by 2027

November 12, 2023 Amaka Ifeakandu 0

Nigeria Communication Commission (NCC) is set to increase the contribution of the telecommunication sector to Gross Domestic Product (GDP) contribution to 22 per cent  by the year 2027. The telecommunications sector contribution to the nation’s Gross Domestic Product (GDP)  increased significantly to 16 per cent in the second quarter of 2023 from a 14.13 per cent contributed in the first Read More

FG seeks private sector investments in housing, urban infrastructure

November 7, 2023 Tope Sunday 0

The federal government has called for private sector investments in the provision of affordable housing and urban infrastructure. The Minister of Housing and Urban Development, Architect Ahmed Dangiwa, made the call in a Keynote address at an event to mark the World Cities Day in Abuja recently. Dangiwa equally called on international development partners and other stakeholders to collaborate in Read More

Tinubu seeks Senate’s approval for $7.864bn, 100m euro loans

November 1, 2023 Taiye Odewale 0

President Bola Tinubu has requested the Senate to approve $7.,864,508,559billion and 100million euro loans being sought from African Development Bank (AFDB) for infrastructure development across the 36 States of the Federation and the Federal Capital Territory. The planned loans as explained by President Tinubu in a letter of request forwarded to the Senate and read in plenary on Wednesday by Read More

FAAN assures  airlines on safety, commends workers 

October 22, 2023 Suleiman Idris 0

The Federal Airports Authority of Nigeria (FAAN) has assured airlines and stakeholders in the country’s aviation industry of its continuous efforts to safeguard their operations and safety of equipment. Managing Director of FAAN, Mr. Kabir Mohammed Yusu, said the security of aerodrome remains topmost in his administration’s agenda to improve the state of the nation’s airports infrastructure alongside the welfare Read More

Kebbi: Idris assents to N19.4bn supplementary budget  

October 12, 2023 Muhammad Sadisu Abubakar 0

Kebbi state governor, Dr. Nasir Idris, Wednesday, assented to a supplementary budget of N19.4 billion approved by the State House of Assembly. The fiscal document was presented to him at the Government House, Birnin Kebbi, by the Speaker of the House of Assembly, Rt. Hon. Usman Muhammad Ankwe, in company of other members.          Governor Idris thanked Read More

Niger assembly approves N230.3bn supplementary budget 

October 11, 2023 Aideloje Ojo  0

  The Niger state House of Assembly has on Wednesday considered and passed the state supplementary budget of N230, 300, 000, 000.00 presented by Governor Mohammed Umaru Bago for 2023 fiscal year. This followed the adoption of the report of its House Standing Committee on Planning and Appropriation on the  Supplementary Appropriation Bill  presented by the House Committee Chairman, Hon. Read More

A plea for improved power infrastructure

September 25, 2023 Mukhtar Jarmajo 0

It is a tragic reality that for the past few years, Nigeria has been plagued by the incessant collapse of its national grid. The nation has never been capable of generating, transmitting, and distributing sufficient electricity to its vast population. Daily life in Nigeria is synonymous with power outages, leaving citizens in a state of perpetual darkness. The country’s electricity Read More

Tinubu, 100 days and the burden of resetting Nigeria, by Temitope Ajayi

September 4, 2023 Temitope Ajayi 0

Henry Kissinger, former United States Secretary of State, perennial international statesman and oracle of diplomacy profiled six world leaders, now of blessed memories, in his most recent book, “Leadership: Six Studies in World Strategy’. These long departed leaders were the architects of the post-war evolution of their respective societies. The leaders:    Konrad Adenauer (Germany), Charles de Gaulle (France), Richard Read More

Impact of inadequate infrastructure delivery in real estate development in Nigeria

July 17, 2023 Admin III 0

The provision of basic real estate infrastructure and services as an effort integral to human survival and sustenance is majorly an outcome of tangible private or public initiative on land resource utilisation. The delivery of requisite infrastructure as a social responsibility is usually capital intensive and viewed mostly as the prerogative of the government. Adequate supply of infrastructure is paramount Read More

UK pledges €10m to boost off-grid energy infrastructure in Nigeria

June 27, 2023 Admin III 0

The United Kingdom (UK) has pledged £10 million to support Nigeria on climate action, to boost off-grid clean energy infrastructure. British High Commissioner to Nigeria and UK Permanent Representative to the Economic Community of West African States (ECOWAS), Richard Montgomery, stated that the support is to scale-up domestic financing for the infrastructure. “In the UK, we have gone through a Read More