Global financial institution Deutsche Bank has indicated strong interest in financing major rehabilitation and replacement works on two of Lagos’ most important bridges — the Carter Bridge and the Third …
David Umahi
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Economic DevelopmentGOVERNMENTInfrastructureInternationalLagos NewsPartnershipsTransportation
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DevelopmentEconomyGOVERNMENTInfrastructureInternational CooperationTransportation
FG Strengthens Ties with Islamic Development Bank to Fast-Track Key Road Projects
The Federal Government has reaffirmed its commitment to deepening collaboration with international development partners, particularly the Islamic Development Bank (IsDB), to accelerate the completion of strategic road and bridge projects …
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DevelopmentEconomyGOVERNMENTInfrastructureTransportation
FG Extends Keffi–Nasarawa–Toto Road Project to Abaji for Better Connectivity
The Federal Government has approved the extension of the ongoing Keffi–Nasarawa–Toto Road project to Abaji in the Federal Capital Territory, bringing the total length of the corridor to 199 kilometres. …
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EconomyGovernanceInfrastructureInternational Development
Surveyor General Says Nigeria’s Mapping Project On Course, Defends Move of OSGOF to Presidency
The Surveyor General of the Federation, Mr. Abuduganiyu Adebomehin, has said that the Federal Government’s plan to map Nigeria is fully on course, stressing that those threatening to challenge the …
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African PoliticsEnergyGOVERNMENTInfrastructurePoliticsPublic SafetyTransportation
Umahi Dismisses Crack on Coastal Highway, Says N3tn Needed to Complete Road Projects
The Minister of Works, David Umahi, has cleared the air on a crack that appeared on the Lagos-Calabar Coastal Highway, saying it is not a structural failure and should not …
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EconomyGOVERNMENTInfrastructureTransportation & Logisitics
FG Orders 30-Day Emergency Repair of Damaged Keffi Flyover
The Federal Government has ordered a 30-day emergency repair on the damaged Keffi flyover in Nasarawa State, following the recent accident involving an overloaded truck that struck and weakened the …
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EconomyInfrastructureInternational RelationsINVESTMENTTransportation & Logisitics
Deutsche Bank Leads $747m Loan for Lagos-Calabar Coastal Highway
German financial giant Deutsche Bank has led a group of international and regional lenders to provide a $747 million syndicated loan to fund the first phase of the Lagos-Calabar Coastal …
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EconomyFinance & ServicesGOVERNMENTNigeria
FG, States, LGs Share N1.659trn FAAC Revenue for May 2025
The Federal Government, State Governments, and Local Government Councils have shared a total revenue of ₦1.659 trillion for the month of May 2025, according to a communiqué issued at the …
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CorruptionGOVERNMENTInfrastructureTransportation & Logisitics
FG Cancels N35bn Benin-Warri Road Contract
The Federal Government has officially terminated the N35 billion contract awarded for Section 1 (Benin-Imasabor) of the Benin-Sapele-Warri highway project, citing gross non-performance by the contractor, Levant Construction Limited. The …
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The Social Democratic Party (SDP) says it is building its grassroots support and preparing for a major political comeback in Ebonyi State and across Nigeria ahead of the 2027 general …