Governor Lucky Aiyedatiwa of Ondo State says his administration is actively exploring ways to channel pension funds into infrastructure development, as part of a broader plan to stimulate economic growth …
Infrastructure
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EconomyFinance & ServicesGOVERNMENTInfrastructure
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EconomyGOVERNMENTInfrastructureNigeria
NDPHC Says It Has Spent Over N500bn on Power Transmission Projects Nationwide
The Niger Delta Power Holding Company (NDPHC) has revealed that it has invested more than N500 billion in power transmission infrastructure across Nigeria. This was disclosed by the Managing Director …
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DevelopmentGOVERNMENTInfrastructureReal EstateTechnology
Experts Urge Lagos, Ogun Governments to Enforce Building Laws, Curb Growing Slums
Urban planning experts and real estate developers have raised serious concerns about the rapid rise of slums and the disorganised nature of urban development in Lagos and Ogun states. They …
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DevelopmentGOVERNMENTInfrastructureNewsNigeriaTransportation & Logisitics
FG Sets N777bn for Completion of Abuja-Kaduna-Zaria-Kano Road, Targets 14-Month Deadline
The Federal Government has announced that it will spend a total of ₦777 billion to complete the ongoing reconstruction of the 700-kilometre Abuja-Kaduna-Zaria-Kano Expressway. Minister of Works, Engr. David Umahi, …
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EconomyEnergyGOVERNMENTInfrastructure
FG Says Power Grid Now More Stable as 700MW Transmission Boost Takes Effect
The Federal Government has said the country’s electricity grid is now more stable, thanks to the addition of 700 megawatts in transmission capacity. The Minister of Power, Mr. Adebayo Adelabu, …
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EnergyGOVERNMENTInfrastructureNigeria
Hamzat Laments ‘Crazy Billing’ as Electricity Bill Jumps from N2.7m to N29m, Despite Prepaid Meter Purchase
The Deputy Governor of Lagos State, Dr. Obafemi Hamzat, has expressed outrage over what he described as “crazy electricity billing” after his residence received a staggering N29 million power bill …
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BuildingDevelopmentEnvironmentInfrastructureNigeriaPolicies
Builders Council Chairman Laments Lack of Standards in Nigeria’s Facility Management Sector
The Chairman of the Council of Registered Builders of Nigeria (CORBON), Samson Opaluwah, has raised alarm over the gaps in policy, skills, and standardisation currently plaguing Nigeria’s facility management sector. …
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DevelopmentEnvironmentGOVERNMENTInfrastructure
Town Planners Lament 30-Year Delay in Setting Up Planning Commission
The Nigerian Institute of Town Planners (NITP) has raised alarm over the failure of the Federal Government to establish the National Urban and Regional Planning Commission, 30 years after it …
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EconomyGOVERNMENTInfrastructureTransportation & Logisitics
Delay Hits $700m Lagos Port Rehabilitation Project Despite Secured Loan
The much-anticipated $700 million port rehabilitation project for Apapa and Tincan Island Ports in Lagos, which was expected to begin in the second quarter of 2025, has been delayed once …
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AfricaEconomyFinance & ServicesGOVERNMENTInfrastructureNigeriaTrade and CommerceWestern Africa
Afreximbank Disbursed $50bn to Nigeria in 10 Years – Oramah
The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has said that the bank has disbursed about $50 billion into the Nigerian economy over the past ten years. …