FEC Approves N11.1 billion for Intra-city Road in Lagos   Addressing State House correspondents on the outcome of the meeting chaired by President Muhammadu Buhari on Wednesday, the Minister of Works and Housing, Babatunde Fashola, said the Council approved two memoranda presented by the ministry. “The first...

FG Says N21trn Required To Bridge 28m Housing Deficit   The amount required to fund the housing sector in Nigeria and bridge the estimated 28 million housing deficit across the country is N21tn, the Federal Government has stated through its Bank of Industry (BOI). In a new...

FG Approves N169.72bn Road Infrastructure Projects The Federal Executive Council has approved N169.7bn private sector investments for at least four road infrastructures through the government’s Tax Credit Scheme. The Minister of Works and Housing, Babatunde Fashola, revealed this to State House correspondents at the end of...

FGN: 18 Firms Shortlisted To Toll Abuja-Lokoja, Lagos-Abeokuta Roads The Federal Ministry of Works and Housing has shortlisted 18 firms from among 75 bidders seeking to operate and toll 12 economically viable highways on a concession basis. The ministry has also concluded the evaluating proposals for...

FG Approves N33.81bn For Lie Detectors, Roads in Ministries The Federal Government has approved N33.81bn of various contracts for projects in the Ministries of Works and Housing; Industry, Trade and Investments, and Justice in Abuja. Among these are N1.07bn for the procurement of eye-scanning lie detectors...

Fed Govt May Extend 2021 Budget Implementation To Next Year   The Federal Government may extend the implementation of capital projects components in the 2021 Appropriation Act till next year following the inability of many ministries and agencies to conclude their procurement process until the last...