Search Results for: nigeria

NIGERIA IMPROVES ON POWER SECTOR REFORMS

Posted on by Gambeta News

The Nigerian government is brightening it’s chances of drawing from the World Bank’s intervention support of $750 million support on mass metering and network improvement for its ailing power sector, as it has maintained a steady track in pushing for a credible market reforms in the power sector with some bold steps.  Some of the bold steps includes bi-annual minor tarrif review, considering exchange rate variables and inflation rates, as spelt out by the Electricity…

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NIGERIA SIGNS MOU TO POWER RURAL COMMUNITIES

Posted on by Gambeta News

The Federal Government on Wednesday signed an Output Based Fund grant Memorandum of Understanding with seven private companies for the deployment of solar home systems to power rural communities. It was learnt that parties in the agreement would also provide electricity to micro, small and medium enterprises located in areas categorised as unserved or under-served in terms of power supply. The Federal Government through the Rural Electrification Agency said the deployment of the solar home…

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NIGERIA’S LEADING CONSTRUCTION GIANT RUPTURES GAS PIPELINE

Posted on by Gambeta News

Residents of Arepo and Magboro in the Obafemi Owode Local Government Area of Ogun State, as well as motorists and commuters, were in panic on Wednesday after a gas pipeline belonging to the Nigerian National Petroleum Corporation was ruptured by employees of Julius Berger Nigeria Plc, who were working on the Lagos-Ibadan Expressway.   Read more here: Punchng.com

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LAMATA COMPLETE IMPACT ASSESSMENT FOR RAIL MASS TRANSIT CONSTRUCTION IN NIGERIA

Posted on by Gambeta News

The Lagos State Government, through, the State Metropolitan Area Transport Authority, LAMATA has announced it has completed the impact assessment and studies on the proposed construction of a rail mass transit in the state. The rail project is aimed at moving more than 750,000 passengers daily as it will be position at strategic location. Meanwhile stations in Oyingbo, Ebute Metta Junction, Yaba, Mushin, Oshodi, Ikeja, Agege, Iju, and Agbado and three pedestrian bridges at Oyingbo,…

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FAAN INSPECT NEW TERMINAL AT KANO AIRPORT IN NIGERIA

Posted on by Gambeta News

The Federal Airports Authority (FAAN) has inspected the new terminal ahead of the commissioning of the newly completed, international terminal at the Mallam Aminu Kano International Airport, Kano, Nigeria. FAAN plans to commenced a 10 day facility tour of the nation’s 23 airports to assess the infrastructural needs of the airports, while evaluating their preparations for the annual surge in passenger traffic during the yuletide season. They will also find out the level of compliance with…

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NDPHC TO COMPLETE 2000 MEGAWATT POWER STATION IN NIGERIA

Posted on by Gambeta News

The Niger Delta Power Holding Company (NDPHC) has announced it’s plans to expedite work on four power plants that will boost Power supply in the nation. The four plants which are located in Alaoji, Egbema, Omoku and Gbarain is expected to have a combined capacity of about 2,000 megawatts. New Executive Director, Generation, NDPHC, Mr. Kassim Abdullahi noted that the company was making efforts to engage new Engineering, Procurement and Construction (EPC) contractors to complete…

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THE GARDEN CITY OF NIGERIA GET NEW FLYOVER BRIDGE

Posted on by Gambeta News

Rivers State which is located in the southern part of Nigeria is having a serious infrastructure changes. The state popular referred to as “The Garden City” is on track to have more than two flyovers in the space of a couple of months times. The latest beauty is the already commissioned Rebisi flyover which is part of three flyover currently undergoing by the state Government with Julius Berger task with the responsibility of delivery such…

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NIGERIA FEC APPROVE ROAD PROJECT WORTH N30.69BILLION

Posted on by Gambeta News

Nigeria Federal executive council (FEC) has approved the sum of N30.69billion for a road project in the federal capital territory (FCT). The contract awarded to Gilmor Engineering Nig. Ltd is for the full scope development of arterial road from Northern Parkway, Shehu Musa Yar’Adua Way to the Northern Express Way (ONEX)/Muritala Mohammed Way-North within the Federal Capital City, Abuja. Speaking with State House correspondents, Minister of FCT, Mohammed Bello, said the project area is within Phase…

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NIGERIA GOVERNOR FLAG-OFF RECONSTRUCTION OF ETI OSA-LEKKI-EPE EXPRESSWAY AFTER 40YEARS WAIT

Posted on by Gambeta News

Governor Babajide Sanwo-Olu of Lagos State in Nigeria has flag-off the first phase of the road project at a ceremony held at the Pan African University in Eleko, Ibeju Lekki area. Despite the State facing the ongoing #ENDSARS protest which has dominated headline all throughout the state. The governor still had time to flag-off the reconstruction project. The road was constructed in 1981 as a single carriageway, but underwent an upgrade to a two-lane carriageway…

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NIGERIA GOVT. PLANS TO CONNECT CHAD TO NATIONAL POWER GRID

Posted on by Gambeta News

Despite the daily outcry from Nigerians in the country over lack of power supply, Nigeria government still wants to connect another nation to its power grid. It is not a bad idea helping a nation that is struggling with any infrastructure development but knowing your citizens are suffering of such is quite terrible. The agreement is making progress after Chad Minister of Energy, Mrs Ramatou Houtouin flew into Abuja in furtherance of the expected deal…

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IMF ATTRIBUTES NIGERIA’S SOCIAL PROTEST TO ECONOMIC DIFFICULTIES

Posted on by Gambeta News

The International Monetary Fund (IMF) has attributed the recent Nigeria’s social protest, (EndSARS) to economic difficulties, saying that conditions in Nigeria for the last four years have been very difficult in the wake of the decline in oil prices in 2015-16. “Since then, their growth has been quite anemic ” Abebe Aemro Selassie , Director, African Department, IMF said on Thursday during the October 2020 Sub-Saharan Africa Regional Economic Outlook Press Briefing, on the sidelines…

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MINISTER FOR WORKS SAYS NIGERIA GOVT. ARE STILL OWING ROAD CONTRACTORS

Posted on by Gambeta News

Minister of Works and Housing, Babatunde Fashola says debt that the federal government owes contractors for 711 ongoing road projects nationwide is at N392 billion. He made the statement at the ministry’s 2021 budget defence session before the Senate Committee on Works. According to Fashola, the N392 billion debt profile was higher than the N276 billion proposed as budgetary allocation for road projects in 2021. Quoting Fashola, “We do not have the resources that we…

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QUAY WALL CONSTRUCTION COMMENCE AT LEKKI DEEP SEAPORT IN NIGERIA

Posted on by Gambeta News

Construction of the 680m long quay wall with the driving of the first pile has kick-off in Lagos State, Nigeria. The project is expected to symbolises a significant step towards the timely delivery of it. Speaking during the ceremony, Chief Executive Officer of Lekki Port, Mr. Ruogang Du stated that despite the setback occasioned by the coronavirus pandemic, both the investors and the contractors have demonstrated admirable commitment to deliver the project as and when…

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NIGERIA COASTAL ROAD TO BEGIN AFTER SIX DECADE IN WAITING

Posted on by Gambeta News

It quite unbelievable that a project will been in view for so long let alone six decade. Since the nation gained independence, the Nigeria coastal road project has been put forth to the public but with no actual plan, the project has endured a very static movement. It was meant to be the first Nigerian Coastal Road project from Koko in Warri North Local Government Area of Delta state to Lekki in Lagos State with…

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NIOB SAYS BUILDING COLLAPSE TO CONTINUE AS DEVELOPER IGNORES PROFESSIONALS IN NIGERIA

Posted on by Gambeta News

The Nigerian Institute of Building, NIOB has released a statement that the constant building collapse in the country will continue as developer still perform the function of building engineers. President of NIOB, Kunle Awobodu made the remark during the survey of the first story building in Nigeria which was built in 1842 (Shitta Bey Mosque) and Water House by Candido Da Rocha, which was built in 1946. According to NIOB President, majority of the materials used…

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NIGERIA TUC UNHAPPY WITH RAILWAY LINE CONSTRUCTION TO NIGER REPUBLIC

Posted on by Gambeta News

The construction of a US$1.96billion railway line to Niger Republic has been rejected by the Trade Union Congress of Nigeria (TUC). TUC said the project is an insult to Nigerians and a waste of the country’s scarce resources after the federal government approved fund for the project. In a statement jointly signed by TUC president and Secretary-General, Musa-Lawal Ozigi, reads “The Congress is not averse to development; constructing rail lines to Kano, Katsina and Dutse…

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OGUN STATE EC APPROVED THREE KEY ROAD PROJECTS IN NIGERIA

Posted on by Gambeta News

The Executive Council in ogun state, western region of Nigeria has approved the construction of three key road projects. During a virtual meeting, the State Commissioner for Works and Infrastructures, Ade Akinsanya said the road infrastructure is a catalyst for socio-economic development in the state. The Three road which are; (1) abandoned 4.65 kilometre Denro- Isashi- Akute, (2) 2.3 kilometre Olusegun Osoba-Toyin road in the Agbado area, both in Ifo local government, as well as…

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CBN UNVEILED PLANS FOR HOUSING FUND PROJECT IN NIGERIA

Posted on by Gambeta News

The Central Bank of Nigeria has released the framework for the nation’s proposed housing scheme. The project which is under the Family Homes Financing Initiative (FHFI), will aim at providing 300,000 homes across the 36 states of the country worth (N200billion naira). The initiative will also aimed at revitalising local manufacture of construction materials as the framework was designed to utilise at least 90% locally manufactured inputs and as a result conserve foreign exchange. Such…

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GHANA AND NIGERIA IN TALKS TO ENHANCE RELATIONS

Posted on by Gambeta News

The Speaker of the Nigerian House of Representatives, Femi Gbajabialamila arrives in Ghana and has been in talks with  Speaker of Parliament in Ghana, Prof. Aaron Michael Oquaye. Ghana and Nigeria are strengthening relations following recent exchanges on treatment of citizens by either country. The legislative diplomacy leg of resolving the Ghana/Nigeria recent challenges is going well, so far. Soon the executive leg will also kick off.    SOURCE: graphic.com.gh   Last Night, Speaker of…

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