Search Results for: Lagos

INTERNATIONAL CONSTRUCTION COMPANIES EYE THE NIGERIAN MARKET AS THE BIG 5 LAUNCHES IN LAGOS

Posted on by Gambeta News

Manufacturers from around the world share their plans in Nigeria as The Big 5 international construction show launches in Lagos (9-11 September 2019, Landmark Centre) Over 200 exhibiting companies and 5,000 attendees are expected at The Big 5 Construct Nigeria, as construction expenditure in the West African country reached USD 2.2 billion in 2018. With the government’s capital expenditure on construction reaching USD 2.2bn in 2018, Nigeria is the polestar of the international business community…

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THE BLUE WATER LAGOS RESIDENTIAL DEVELOPMENT

Posted on by Gambeta News

A top out ceremony took place recently for the on-going construction of the Blue Water Lagos  – a Residential Development by Africa Capital Alliance and El-Alan Construction.  In building construction, top out ceremony takes place when the last beam (or its equivalent) is placed atop a structure. The Blue Water Lagos team cerebrated this event with a media event for the propose of public relations. Blue Water Lagos, also termed the “Ultimate Lifestyle Community” is an investment…

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GOVERNOR AMBODE LAUNCHES ALARO SATELLITE CITY IN LAGOS

Posted on by Gambeta News

Governor Ambode launches a US$250m modern Alaro satellite city in Lagos. Yesterday being 29th of January 2019, Lagos state governor Akinwumi Ambode; launched the US$250 million Alaro Satellite City. Alaro satellite city is situated at the north-western part of Lekki Free Trade Zone (FTZ). Partners for the Alaro Satellite City project includes North West Quadrant Development Company (NWQDC), Rendeavour (Africa’s acclaimed largest urban land developer) and Lagos State government. This project will boost foreign direct…

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PHOTO UPDATE: ONGOING LAGOS-IBADAN RAIL CONSTRUCTION

Posted on by Gambeta News
Lagos-Ibadan Rail Construction

The ongoing Lagos-Ibadan Rail Construction is reaching completion. Twitter user, @AdeBanqie shared these photos with the caption “If this is not #TheNextLevel, then tell me what it is. Ongoing Lagos/Ibadan rail Construction. #FeBuhari”  About the Project The US $1.5 Billion standard gauge rail project from Lagos to Ibadan is currently in the final stages of construction. Stretching over 154 kilometers, the tracks require the construction of 81 bridges, 207 culverts and 708 32-meter beams. The project is…

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THE REHABILITATION OF THE LAGOS-IBADAN EXPRESSWAY IS ALMOST COMPLETED

Posted on by Gambeta News

The two construction companies working on the  Lagos-Ibadan Expressway in Nigeria  announces  the near completion of the project. The rehabilitation of the 132km road project  cost the Nigerian government  N230 billion. The work is in sections with each construction firm working on each section. Reynolds Construction Company (RCC) is in charge Section 2 from Sagamu to Ibadan.  While Julius Berger handles Section 1 from Sagamu to Lagos. Alhaji Lai Mohammed, The Minister of Information toured the…

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LAGOS 3RD MAINLAND BRIDGE TO UNDERGO REHABILITATION

Posted on by Gambeta News
3rd Mainland Bridge

Nigeria to rehabilitate Lagos 3rd Mainland bridge. The Federal Executive Council (FEC) of Nigeria have given approval for the rehabilitation of the 3rd Mainland Bridge in Lagos. The repair works on the bridge is worth about US$52.6m. The council gave the approval at an FEC meeting presided by Vice President Yemi Osinbajo. Italian construction firm, Borini Prono will be responsible for the repair works. Borini Porno is also responsible for constructing the bridge. According to the Minister of…

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LAGOS STATE TO GET 10,000 LED STREET LIGHTS

Posted on by Gambeta News
Lagos

Lagos state government signs contract for Intelligent LED streetlights. The Lagos state government and UK-based  LED Lighting Manufacturer, Low Energy Designs Ltd have signed a US$6.9m contract for the supply and installation of energy efficient LED streetlights. Low Energy Designs Ltd will supply and install 10,000 streetlights that will cover about 300km of the state roads. The contract also includes the provision of an intelligent control system for real time operation of the LED streetlights. In addition to that is…

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N2.52bn MOU SIGN FOR CONSTRUCTION OF STREET LIGHT IN LAGOS

Posted on by Gambeta News

Lagos state sign MOU with UK firm for the construction of 10,000 street light in the state. The construction of the street light contract has been sign by the lagos state government and a uk based firm. The project will see the construction of 10,000 LED street lights covering 300 kilometres across the State. The deal will also include over 500 job opportunities apart from the LED construction. The development is a major milestone and a…

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Dispatch Riders/ Sale Rep Position At EOutsource(LAGOS)

Posted on by Gambeta News

eOutsource is a one stop solution for deliveries and professional services needs in Nigeria. They provide comprehensive delivery solutions and plans to become a global brand. They have openings for 70+ Dispatch Riders in Lagos. eOutsource is a trusted outsourcing partner to organizations in the Private, Public and Development sectors. With our expertise in Customer Relationship Management, we deliver innovative solutions that help our clients achieve their objectives and delight their customers. As an Outsourcing provider,…

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Lagos Chamber of Commerce and Industry request Petroleum Industry restrictions in Nigeria.

Posted on by Gambeta News

  Ruwase warns about policy framework for the petroleum downstream segment of the oil and gas industry. The President, Lagos Chamber of commerce and Industry Mr Babatunde Ruwase expressed the need to look into the policy framework for the petroleum downstream segment of the oil and gas industry. In a statement by Ruwase, “We have concerns over the reluctance of the government to liberalize the sector and open it up to private sector participation. The concentration of…

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US$40 BILLION REQUIRED FOR COMPLETION OF LAGOS-IBADAN RAIL PROJECT

Posted on by Gambeta News

Federal Government needs US$40 billion to complete Lagos-Ibadan rail project. Nigerian Minister of Transportation, Rotimi Amaechi, said the Federal Government will be needing US $40bn to finance the ongoing Lagos-Ibadan railway project. The project have been scheduled to finish this year (2018) and so Government are currently negotiating with the contractors handling the project to raise funds. Rotimi Amaechi said between US $36bn and US $40bn will be needed, and its source is not certain at the moment,…

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DECEMBER 2018: LAGOS-IBADAN SGR WILL BE COMPLETED

Posted on by Gambeta News

December 2018 set as target for completion of Lagos-Ibadan Standard Gauge Rail (SGR) line. The Minister for Transportation, Mr. Rotimi Amaechi during the end of the year news briefing and inspection of Lagos-Ibadan Standard Gauge Rail (SGR) line in Papalanto, Ogun State said, the rail line will be completed in December 2018 and be commissioned in January 2019. During the inspection, The minister said he was impressed with the level of the ongoing construction work achieved despite the…

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LAGOS STATE AND OTHERS URGE CBN TO REDUCE INTEREST RATES

Posted on by Gambeta News

Governor Ambode and others call on CBN to reduce lending rate to five(5) percent. While speaking at the 9th annual bankers committee retreat held in Lagos, Lagos state Governor Akinwumi Ambode called on the Central Bank of Nigeria (CBN) to consider reducing the interest rate for the N220 billion Micro Small and Medium Enterprises (MSMEs) intervention loan to 5 percent. This reduction he said will encourage more off take as the CBN Governor, Godwin Emefiele had earlier on expressed disappointment…

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AfDB AND EU TO INVEST US$9m IN ABIDJAN-LAGOS HIGHWAY

Posted on by Gambeta News

Abidjan-Lagos Highway gets US$9m boost from AfDB and EU According to the President of the Economic Community of West African States (ECOWAS), Marcel Alain de Souza, The African Development Bank (AfDB) and the European Union (EU) have agreed to inject US$9m for the construction of the 1,008km highway which will connect Abidjan to Lagos. Mr. Marcel said after 42 years of integration, ECOWAS are yet to achieve 15 per cent of its goal, and since 70% of…

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CONSTRUCTION OF LAGOS-IBADAN RAIL LINE TO START IN DECEMBER

Posted on by Gambeta News

Lagos-Ibadan rail line construction to begin in December 2017. The Minister of Transportation, Rotimi Amaechi, disclosed that the laying of tracks for the Lagos-Ibadan rail line will be kick started in December 2017. Parts of the rail line will be arriving Nigeria by the end of November. According to the Minister; due to the construction of the rail line, there will be demolition of some existing assets like water pipes, gas pipes, houses, electric cables,…

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BUILDING COLLAPSE IN EBUTE META, LAGOS

Posted on by Gambeta News

No casualty was record as a four-storey building collapse in Ebute meta, Lagos Mainland. The building which is a four-storey was under construction along Herbert Macaulay way Ebute-Metta, Lagos Mainland before it collapse. The state was rocked by the collapse of a four-storey building just some months ago which resulted in the dead of six individuals as from the report we got and it is a miracle that nobody was around the area when this event unfold….

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LAGOS STATE SET TO PROVIDE 20,000 HOUSING UNIT BY 2018

Posted on by Gambeta News

Housing sector set to have 20,000 housing unit by the lagos state government in 2018. The lagos state Government has announced plans to unveil its plans to have up to 20,000 housing unit by 2018 which is expected to boost the state housing sector. The state government is expected to continue the public-private partnership to provide decent and affordable housing for all. They are opened to new ideas, technology and methods which will provide an enabling…

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FIRST DNA FORENSIC LAB OPENS IN LAGOS STATE

Posted on by Gambeta News

Lagos state government has announced that it has completed the construction of the first DNA forensic laboratory in Nigeria. The construction of the forensic lab which was approved last year by the state governor as part of the criminal justice sector reforms designed to solve crime through technology and fulfill an unmet need for DNA profiling in the country. Adeniji Kazeem, the State’s Attorney General and Commissioner for Justice, represented at the briefing by Funlola Odunlami,…

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NPA SECURE US$700M LOAN FROM CITIBANK FOR REHABILITATION OF APAPA & TIN-CAN PORT

Posted on by Gambeta News

The Nigerian Ports Authority (NPA) has secured about US$700million loan from Citibank for the rehabilitation of Apapa and Tin-Can Island Ports in Lagos. According to reports, the loan will be funded by UK Export Finance (UKEF) an export credit agency as NPA has also opened discussion with another funding agency to secure financing for upgrading of the Eastern Ports. Speaking during the announcement, Managing Director of the NPA, Mohammed Bello-Koko said that “In the last…

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NIGERIA FEC APPROVED N757BILLION FOR DUALISATION OF 489KM OBAJANA-BENIN ROAD PROJECT

Posted on by Gambeta News

The Federal Executive Council, FEC, on Wednesday approved N757 billion as augmentation for the dualisation of the 489km Obajana-Benin Road. This is as the government has explained that the rising cost of production is responsible for the recent cement price hike, and not its concrete road policy. These among others were disclosed by the Minister of Works, Senator Dave Umahi while briefing State House correspondents at the end of the FEC meeting, presided over by…

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