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Tag: Babatunde Fashola

NNPC To Reconstruct Federal Roads, Projects To Gulp N621.2bn

NNPC To Reconstruct Federal Roads, Projects To Gulp N621.2bn     The federal government has given the Nigerian National Petroleum Company (NNPC) the green light to take over the repairs and reconstruction of 21 critical highways spread across the nation’s six geo-political zones. This is just as the...

FEC Awards N309.9bn Road Contracts To Dangote

FEC Awards N309.9bn Road Contracts To Dangote       The Federal Executive Council on Wednesday approved the award of a contract to Dangote Industries for the construction of five roads totaling 274.9 km at the cost of N309.9bn to be advanced to the company as tax credit. Minister...

FG Launches 1.5MW Solar Grid For Ministries

FG Launches 1.5MW Solar Grid For Ministries       The Federal Government yesterday launched a 1.52MWp/2.28MWh solar micro-grid system to improve the infrastructural aesthetics of the country, improve productivity and provide employment. The project, which was approved by the Federal Executive Council (FEC) in March 2019, will reduce...

Fed Govt Receives 75 Bids For Road Concession

Fed Govt Receives 75 Bids For Road Concession     A total of 75 firms have submitted bids to serve as concessionaires for 12 federal roads that are mapped out for concession by the Federal Government. Bid documents submitted by the companies as well as the names of...

Road Concession: Fed Govt Expecting N1trn Private Sector Investments

Road Concession: Fed Govt Expecting N1trn Private Sector Investments         The Federal Government is expecting over N1tn from the private sector for the development and maintenance of the 12 highways that it selected for concession under the Highway Development Management Initiative. It was gathered in Abuja on...

FERMA Gets N8.1bn From FG To Repair Ten Roads

FERMA Gets N8.1bn From FG To Repair Ten Roads       The Federal Executive Council on Wednesday approved a total of N8.1bn for the Federal Roads Maintenance Agency to carry out emergency repairs of 10 roads across the country. The Minister of Works and Housing, Babatunde Fashola, disclosed...