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FG Okays N99bn For Repair Works On Third Mainland Bridge, Others

FG Okays N99bn For Repair Works On Third Mainland Bridge, Others   The Federal Government yesterday approved N99. 01 billion for the repair works on Third Mainland Bridge in Lagos and construction of various roads across the country. Briefing State House Correspondents after the over eight hours...

Lagos-Ibadan Road: FG Okays N64bn For Bridges, Toll Plazas 

Lagos-Ibadan Road: FG Okays N64bn For Bridges, Toll Plazas           The Federal Executive Council on Wednesday approved N64.108bn for additional work on the Lagos-Ibadan Expressway. The additional work will be done on Section I of the road from Lagos to the Sagamu interchange. The Minister of Power, Works...

FEC Approves N377.53b Contract For Infrastructure At Extraordinary Meeting

FEC Approves N377.53b Contract For Infrastructure At Extraordinary Meeting   The Federal Executive Council (FEC) ‎in their extraordinary meeting Wednesday approved N377.53 billion for the development of infrastructure, which includes roads, power, education, water and health among others across the country. This is coming barely few days...

FG Grants Road Investors Tax Holiday

In order to attract private investors, the Federal Executive Council has approved a tax relief scheme to woo stakeholders willing to partner with government in the urgent task of rebuilding the nation’s dilapidated roads and other infrastructure. According to the Minister of Finance, Kemi Adeosun...

FG Optimistic Nigeria Will Exit Recession This Year

The federal government on Wednesday expressed optimism that the Nigerian economy was on the path of recovery, assuring the public that the country would crawl out of recession before the end of the year. Making this disclosure while briefing journalists at the end of the...

TSA: Word Bank lauds FG over Remita usage

Senior Special Assistant to the President on Trade and Investment, Dr. Jumoke Oduwole, said the World Bank had commended the implementation of the Treasury Single Account (TSA) by the Federal Government through Remita. Oduwole said not only has Remita, the Central Bank of Nigeria (CBN)-approved...