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Poor Price, Bad Road Hinder Over N550bn Cashew Export

Poor Price, Bad Road Hinder Over N550bn Cashew Export       Bad roads, the gridlock on Oshodi/Apapa Expressway and poor price at the international market have contributed to the loss of multi-million dollars contracts to cashew exporters in the country. Last year, the National Cashew Association of Nigeria...

FERMA Blames Bad Roads On Inadequate Funding

FERMA Blames Bad Roads On Inadequate Funding   Many roads in Nigeria are in bad shape due to lack of proper maintenance occasioned by the paucity of funds at the Federal Road Maintenance Agency, the agency has said. According to FERMA, poor budgetary allocations over the years...

FG Releases N650bn for Capital Projects, Road Repairs

FG Releases N650bn For Capital Projects, Road Repairs   The Federal Government said on Wednesday that road construction and repairs under the Ministry of Works and Housing were a major beneficiary of N650bn so far released for capital projects in the 2019 budget. It also named the...

Nigeria Losing N1trn Yearly To Bad Roads

Nigeria Losing N1trn Yearly To Bad Roads   Nigeria is losing over N1trn annually as a result of bad roads across the country, the Senate has said. The Federal Roads Maintenance Agency also put the cost in man-hours loss due to bad roads and traffic delays at...

Bad Road Hinders Completion Of N3.5bn Baro River Port

Bad Road Hinders Completion Of N3.5bn Baro River Port   Despite promise by the past managements of the Nigerian Inland Waterways Authority (NIWA) to fix roads linking river ports in the country,  findings have revealed that bad state of the road leading to the Baro river...