Road Project Archives — City Business News

December 12, 2024 No Responses

FG Issues N1.1trn Sukuk Bonds For Road Projects

Photo Caption: L-R: Commissioner, Securities and Exchange Commission Pakistan, Mr. Mujtaba Ahmad Lodhi, Chairman SEC Pakistan, Akif Saeed, Director General, Securities and Exchange Commission Nigeria, Dr. Emomotimi Agama and Chairman, Accounting and Auditing Organisation for Islamic Financial Institutions, Sheikh Ibrahim...

March 30, 2023 No Responses

FEC Approves N95.8b For Ekiti, Ondo Roads

The Federal Executive Council (FEC) has approved N95.8 billion for the dualization of Akure/Ita Ogbolu – Iju/Ado Ekiti road, linking Ekiti and Ondo States. Minister of State for Works and Housing, Umar El-Yakub, stated this at the end of the...

January 19, 2023 No Responses

NNPC Secures FEC’s Approval To Invest N1.9tri In 44 Federal Roads

The Federal Executive Council(FEC) has approved the recommendation for the Nigerian National Petroleum Corporation Limited (NNPC LTD.) to invest N1.9 trillion in the reconstruction of 44 federal roads under the tax credit policy. The council gave the app...

September 29, 2022 No Responses

FEC Approves N27b For Road Project Linking Ondo, Edo States

The Federal Executive Council (FEC) has approved N27 billion for the rehabilitation of a 27km road linking Ondo and Edo States. Minister of Information and Culture, Alhaji Lai Mohammed revealed this to State House correspondents at the end of the...

August 25, 2022 No Responses

FEC Approves N43.6b For Road Projects In Northeast

The Federal Executive Council (FEC) has approved N43.6 billion for the construction and reconstruction of roads in Borno, Yobe, Adamawa, Gombe and Bauchi States. Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq...

September 2, 2021 No Responses

FEC Approves N84.6b For Airports’ Projects, Odukpani-Itu-Ikot Ekpene Road

The Federal Executive Council (FEC) has approved over N5 billion for various contracts in Lagos, Abuja, Kano and Katsina airports. The meeting of the Council, which was presided over by President Muhammadu Buhari in Abuja on Wednesday, also approved the....

March 4, 2021 No Responses

NDDC To Begin Work On Abandoned 24km Imo-Rivers Road Project

The Niger Delta Development Commission (NDDC) on Wednesday directed the contractor handling the 24 kilometres dual carriage way linking Imo and Rivers back to site. The NDDC’s Interim Administrator, Mr Effiong Akwa, gave the order while inspecting the ...

December 24, 2020 No Responses

FG Approves N8.1b For Rehabilitation Of Roads In Akwa Ibom, Lagos, Edo, Others

The Federal Executive Council on Wednesday approved N8.1 billion for the rehabilitation of some roads across the country. Minister of Works and Housing, Babatunde Fashola, made this known when he briefed State House correspondents at the end of the Counc...

December 23, 2020 No Responses

Delta Approves N40b For Construction Of Roads, Infrastructure

The Delta Government has approved N40 billion for construction of 14 roads, bridges, flyovers and flood drainage channels spanning over 136 kilometres across the state.The state Commissioner for Works, Chief James Augoye, and his Information counterpart, Mr Ch...

November 5, 2020 No Responses

FG Approves N87b For FCT, Ogbomoso Roads, Others

The Federal Executive Council (FEC) on Wednesday approved N87 billion for the construction of a road linking Shehu Yar’adua Way with the Kubwa Expressway in the Federal Capital Territory, Oyo–Ogbomoso and the Loko – Oweto bridge. The Council me...

March 4, 2020 No Responses

Nigeria Initiates 43 Road Projects In Tertiary Institutions

The Nigerian Government on Tuesday said it has initiated 43 road infrastructure development projects in Universities and other Institutions of higher education in the country. Babatude Fashola, Minister of Works and Housing, stated this at the formal han...

February 6, 2020 No Responses

FG Approves N65.9b For Road Projects

The Federal Executive Council (FEC) has approved N65.9 billion for road projects across the country. Briefing State House Correspondents on Wednesday, Minister of State for Works and Housing, Abubakar Aliyu, explained that the ministry presented two memos to t...

January 14, 2020 No Responses

Fayemi Flags Off Four Road Projects In Ekiti

Ekiti State Governor, Dr Kayode Fayemi, on Monday flagged off construction of four major roads linking seven local government areas of the State. The roads are Agbado-Ode-Isinbode- Omuo road linking Gbonyin and Ekiti East local government areas; Ilupeju- Ire- ...