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FCTA Inaugrate Committee on Abandoned N61 Billion Katampe Infrastructure Project

The FCT Minister, Malam Muhammad Musa Bello has constituted an Inter-Ministerial Committee to look the abandoned N61 billion Katampe District engineering Infrastructure project and make recommendations within six weeks. The Committee tagged “Inter-Ministerial Committee on Contract and Financial Audit of the PPP Project for the...

Lagos IGR Rose by N33bn, Says NEITI

The internally generated revenue (IGR) of Lagos State rose by approximately N33 billion from 2015 to 2016, beating 33 states put together. According to a report by the Nigeria Extractive Industries Transparency Initiative (NEITI), the state recorded an IGR of N301.19 billion, a rise of...

Gov. Obaseki signs MoU to grow state Economy

Gov. Godwin Obaseki of Edo has signed a Memorandum of Understanding (MoU) with SIEMENS, an energy company, to develop the economy of the state. Obaseki, who disclosed this at the MoU signing ceremony in Benin on Wednesday, said that the MoU would cover power, transportation,...

Lagos State govt set to list N47bn bond on FMDQ

The Lagos State Government has concluded plans to list its N47 billion bonds on the FMDQ Securities Exchange Plc platform. The listing of this bond on this platform will enable investors to trade on it on daily basis before due date. The bond, which is...

ABUJA Rail Mass Transit 90% Ready- FCT Minister

…DIRECTS CCECC TO EMPLOY NIGERIANS The total percentage of progress so far made in the on-going Abuja Mass Rail Transit project is put at 90.27 percent as most of the train stations are at the finishing stages. The FCT Minister, Malam Muhammad Musa Bello said this...

FG frustrating plans to reconstruct Oshodi-Airport road – Ambode

Lagos State Governor, Mr. Akinwunmi Ambode yesterday said his administration’s plan to carry out a total reconstruction of the International Airport Road from Oshodi was being frustrated by the Federal Ministry of Works. Governor Ambode, who spoke to Government House Correspondents at the Lagos House,...