FG Targets N123bn From Jabi Lake Tourism Project     The Infrastructure Concession Regulatory Commission (ICRC) says the proposed Jabi Lake Tourism and Recreation Development project will generate N123 billion over a 30-year period. ICRC Acting Director-General, Mr Micheal Ohiani, spoke yesterday in Abuja, while presenting the Outline...

$3trn Needed To Bridge Infrastructural Deficit In Nigeria - Osinbajo         Vice President Yemi Osinbajo says three trillion dollars is needed to bridge the infrastructural deficit in Nigeria over the next 30 years. He said that adopting new models of investments for infrastructural development in the country...

$500m Chinese Debt Sparks Confusion In Airport Concession       Federal Government’s plan to concession airports has run into difficulties over an existing debt and pact with China to build four new terminals at the cost of $500 million. The “concession within concession”, according to the coalition of...

Despite Suspension, FG Pegs N1bn For National Carrier         The Federal Government is to spend N1 billion on working capital for the yet to be established national carrier, according to the details of the 2021 appropriation bill. Since 2019, budgetary provision has been made for the national...