Search Results for: Lagos

NIGERIA CONSTRUCTION INDUSTRY HITS HARD DUE TO RAISE IN COST OF MATERIALS

Posted on by Gambeta News

The rising cost of building materials in Nigeria is increasingly hitting the construction industry hard, with fears that a large number of projects could be put on hold as developers are now on edge about what to do. Already, households are contending with soaring food prices and energy costs, and added to it now is the soaring building materials prices which have doubled in the last 12 months on the heels of surging inflation. The…

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HOW LASPPA SEALED 700 BUILDINGS IN 2023 FOR VIOLATING STATE LAWS IN NIGERIA

Posted on by Gambeta News

The Lagos State Physical Planning Permit Authority, LASPPPA, yesterday, disclosed that the 700 buildings were sealed in 2023 for flouting the relevant state’s laws. General Manager of LASPPPA, Mr. Kehinde Osinaike, said this while leading an enforcement team of the authority across the Ikeja Local Government Area of the state. Osinaike said the exercise has become necessary for the authority to avert building collapse in 2024. He said: “In 2023, we sealed more than 700…

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NIGERIA GOVT. ANNOUNCED PLANS TO SHUT DOWN SECTION OF THIRD MAINLAND BRIDGE JAN 9

Posted on by Gambeta News

The Federal Government has announced a planned closure of the Iyana Oworonshoki-Adeniji Adele section of the Third Mainland Bridge from 11.00 a.m. on Tuesday, Jan. 9, 2024. The Federal Controller of Works, Lagos State, Mrs Olukorede Kesha, announced on Thursday in a statement. Kesha said the closure would be done on the Lagos Island-bound carriageway of the bridge. She appealed to motorists to obey traffic rules and use alternative routes to prevent hardship as comprehensive…

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NIGERIA AND OTHERS TO GET £150BILLION INFRASTRUCTURAL FUND FROM EU

Posted on by Gambeta News

The European Union (EU) is to disburse 150 billion Euros in four years by 2027 through its Global Gateway Initiative to Nigeria and other African countries to enhance infrastructure in over eight sectors. The EU Commissioner for International Partnerships, Jutta Urpilainen, made this known during the launch of the Global Gateway initiative on Thursday in Abuja. According to Ms Urpilainen, the Global Gateway initiative is crafted to enhance connectivity, promote sustainable development, and strengthen economic…

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REINSTATED LASBCA WORKERS RAISED CONCERN DESPITE BUILDING COLLAPSES

Posted on by Gambeta News

Following their dismissal after the building collapse incident that claimed 34 lives, the officials have been reinstated, the group said. The Human and Environmental Development Agenda (HEDA) has urged Lagos Governor Babajide Sanwo-Olu to investigate the reinstatement of some dismissed staffers of the Lagos State Building Control Agency (LASBCA). The group in a statement sent to PREMIUM TIMES on Sunday, voiced its concerns, describing the development as unjust. According to the group, the staffers were…

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KENYA GOVT. ANNOUNCED PLANS TO EXPAND JKIA AIRPORT

Posted on by Gambeta News

The government plans to modernize and expand Jomo Kenyatta International Airport (JKIA) as it seeks to make it competitive regionally. Caleb Kositany, Chairman of the Kenya Airport Authority (KAA), said that the new facility will reduce congestion at Kenya’s main port of entry and exit. Kositany said that the facility will reinforce JKIA’s status as Africa’s premier hub and gateway into East and Central Africa. The KAA Chair spoke on Sunday when he presided over…

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NIGERIA ELECTRICITY CHALLANGES: HOW NATIONAL GRID COLLAPSED POSE A PROBLEM

Posted on by Gambeta News

The national grid collapsed again on Tuesday, September 19, 2023, with power generation dropping from a peak of 3,594.60 megawatts (MW)  to  42.7MW at midday. This is as the minister of Power, Adebayo Adelabu, on Tuesday, vowed, on behalf of the federal government, to achieve 20,000 megawatts of power generation in the next three years. Only the Delta Power plant was active on the grid at noon, with 41MW, while Afam had 1.7MW. At 11:32…

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ANOTHER BUILDING COLLAPSE ROCKS NIGERIA CENTRE OF EXCELLENCE

Posted on by Gambeta News

The buildings collapsed as a result of ageing and poor maintenance on the part of the owners, officials say. A male adult has been hospitalised after two residential buildings in Ketu, Lagos State partially collapsed on Sunday. The two-storey and four-storey buildings situated beside each other collapsed on 48 Oduntan Street, Kosofe Bus Stop in Ketu, the permanent secretary of the Lagos State Emergency Management Agency (LASEMA), Olufemi Damilola Oke-Osanyintolu, said in a statement on…

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HOW NIGERIAN PORTS ARE COLLAPSING AND NEEDS URGENT REHABILITATION

Posted on by Gambeta News

The Minister of the newly created Marine and Blue Economy, Adegboyega Oyetola, has said the Lagos seaports are in dilapidation and called for urgent rehabilitation of the facilities. Speaking in Lagos while on a tour of the Lagos Ports, Oyetola said that the government will engage the terminal operators to see how the rehabilitation of the ports can be funded. The Minister also said that he would engage the Minister of Works on rehabilitating the…

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UKRAINE GOVT SIGN MoU TO BUILD GRAIN TERMINAL AT LEKKI PORT

Posted on by Gambeta News

Following the destruction of its food export terminals, the Ukrainian Ministry of Agrarian Policy and Food in collaboration with Lagos Free Zone, a venture of the Tolaram Group, has signed a Memorandum of Understanding, MoU, to build a grain terminal in the Lekki port, Nigeria. Ukraine, before it was invaded by Russia, was the largest exporter and producer of wheat. The MoU was signed on Friday at the Ukraine Recovery Conference in London, according to…

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TRANSMISSION COMPANY OF NIGERIA RESTORE POWER AFTER FIRE INCIDENT AT NATION CAPITAL

Posted on by Gambeta News

The Transmission Company of Nigeria(TCN) says it has restored power supply to its Alagbon Transmission Substation after a fire incident. The incident happened at about 4.32 pm on Wednesday and affected one of its 60 Mega Volt Ampere (MVA) power transformers in the substation. Mrs. Ndidi Mbah, General Manager of Public Affairs of TCN, made this known in a statement in Abuja on Thursday. According to her, the operator on duty heard a heavy bang…

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HOW WOULD NIGERIAN BENEFIT AFTER DANGOTE REFINERY COMMISSIONING

Posted on by Gambeta News

President Muhammadu Buhari launched the Dangote Petroleum Refinery and Petrochemicals Complex, Africa’s largest petrochemical refinery, and the world’s largest single-train petroleum refining facility yesterday on Monday. Owned by Africa’s richest man, Alhaji Aliko Dangote, it is estimated to have cost N8.7 trillion ($19 billion). But what exactly does the Nigerian public stand to benefit from — and how does it affect our lives? The refinery is located in the Lekki Free Trade Zone in the…

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NIGERIA GOVT. COMMENCED CONSTRUCTION OF VACCINE HUB

Posted on by Gambeta News

The minister said each of the hubs was centralized to serve two geopolitical locations. The Nigerian government has commenced the construction of standard vaccine hub projects in Abuja, Lagos, and Kano states. The Minister of Health, Osagie Ehanire, while speaking at the ground-breaking ceremony in Abuja on Thursday said the construction of the hub is part of efforts to massively expand vaccine storage capacity at the national level. Mr. Ehanire said each of the hubs…

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NIGERIA GOVT. ORDER CLOSURE OF IJORA-OLOPA BRIDGE AFTER MISCREANTS VANDALIZED ROAD

Posted on by Gambeta News

The federal government has ordered the immediate closure of the Ijora-Olopa Bridge on the back of the discovery that some miscreants have tampered with the major reinforcement elements of the deck from underneath, the government said in a press release. The FG made this known on its official Twitter handle, saying that the discovery has led to the failure of a section of the Bridge along Ijora Olopa Road, beside Water Corporation, Ijora. The failed…

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NIGERIA BUILDING COLLAPSE: HOW EXPERT PLANS TO TRAIN PLAYERS

Posted on by Gambeta News

Worried by the frequent building collapses, construction experts have expressed their determination to carry out hands-on training for architects, builders, engineers, and suppliers in the industry to stem the tide of collapsed buildings. This would form part of the 7th International Construction Building Materials and Technologies Exhibition/Ceramics, Bathroom and Kitchen Wares Expo being planned in Lagos. The Chief Executive Officer of Elan Expo, Mr Jude Chima while briefing newsmen in Lagos said the training will…

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NIGERIA RAIL TRANSPORT REVENUE DROPS 21% FROM N5.6BILLION TO N4.5BILLION

Posted on by Gambeta News

Revenue generated from rail transportation fell by 39 percent, year-on-year (YoY), to N4.5 billion in 2022 from N5.6 billion in 2021. The decline in revenue may be attributed to the suspension of rail services in parts of the country due to security challenges during the period. Recall that a result of a security breach at the Ajaokuta train station in February 2022 forced the Nigerian Railway Corporation (NRC) to suspend Lagos-Ibadan and Ajaokuta train services….

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NIGERIAN GOVT. APPROVED US$984M FOR NRC EQUIPMENT MAINTENANCE

Posted on by Gambeta News

The Federal Executive Council (FEC) has approved US$984.7 million for the procurement of maintenance equipment for the Nigeria Railway Corporation (NRC). FEC also approved N5 billion for the provision of accommodation to the staff of the National Drug Law Enforcement Agency (NDLEA). Minister of Transportation, Mu’azu Sambo, and the Attorney-General and Minister of Justice, Abubakar Malami, disclosed these when they briefed State House correspondents at the end of the weekly council meeting. The meet was presided…

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GRDA SAYS GHANA NEEDS US$30BN TO DEVELOP ITS RAILWAY

Posted on by Gambeta News

A minimum of $30 billion is needed to develop Gha­na’s entire railway network. However, of the expected amount, the government has so far invested $2 billion into the sector accounting for almost 75 percent of the country’s 4,000 kilometers of the railway network, unconstructed. The Chief Executive Officer (CEO) of the Ghana Railway Development Authority (GRDA), Yaw Owusu, made this known at a stakeholder workshop to discuss Ghana’s 2020 Railway Master Plan, in Accra yesterday….

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WHAT HAPPENED TO ABUJA RAIL MASS TRANSIT PROJECT

Posted on by Gambeta News

The multi-billion-naira Abuja Rail Mass Transit project appears to have been abandoned. Sadly, such a legacy project is gradually rotting away after being commissioned by President Muhammadu Buhari in 2018. The Abuja Light Rail project was originally designed to find a concrete solution to transportation challenges – heavy traffic and hold-up – in the Federal Capital Territory (FCT) and its environs. Many of the people living in the satellite towns and working within the Abuja…

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NIGERIAN NAVY FLAG OFF CONSTRUCTION OF 237 HOUSING UNIT

Posted on by Gambeta News

The Chief of Naval Staff, Vice-Admiral Zubairu Gambo on Thursday flag-off the construction of 237 housing units in Topo, Badagry, Lagos. He also laid the foundation stone for the Admiralty Shafa Gas Plan and Admiralty Mall in Navy town, Ojo, Lagos Addressing the officers and men of Naval Forward Operation Base, Topo, Badagry, shortly after laying the foundation for housing units, he said that the project would address the shortfall in the housing sector in…

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