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FG Okays N18.9bn For Roads, Lagos Airport Runaway Contracts

FG Okays N18.9bn For Roads, Lagos Airport Runaway Contracts     The Federal Executive Council on Wednesday approved contracts totalling about N18.9bn at its virtual meeting presided over by President Muhammadu Buhari. Among the contracts, according to the Minister of Aviation, Hadi Sirika, is the N2.27bn approved for...

Fed Govt Needs $100bn Investment In Roads – IMF

Fed Govt Needs $100bn Investment In Roads – IMF     The International Monetary Fund has said Nigeria needs to invest $100bn in its road network to improve accessibility to all regions. The IMF stated this in its report, titled ‘Nigeria: Technical assistance report – additional spending toward...

New Senate Bill Takes Road Maintenance Responsibility Off FG

New Senate Bill Takes Road Maintenance Responsibility Off FG The Senate has introduced a new bill that will take the responsibility of road construction, rehabilitation and maintenance away from the Federal Government. The legislation, if passed and signed into law by President Muhammadu Buhari, will place...

Fashola Requests Extra N255.6bn For Road, Bridges Repairs

Fashola Requests Extra N255.6bn For Road, Bridges Repairs   The Federal Government is currently constructing and rehabilitating 524 highways and bridges across the country, the Minister of Works and Housing, Babatunde Fashola, has said. Fashola, who said this while updating the Federal Executive Council on the ongoing...

FG Revives Toll-gate Fee, Approve N46bn For Roads

FG Revives Toll-gate Fee, Approve N46bn For Roads   The Federal Government on Wednesday announced plans to ensure the return of tollgates on federal highways. The tollgates were abolished in 2003 by the administration of ex-President Olusegun Obasanjo. The Minister of Works and Housing, Babatunde Fashola, stated this...

FG Approves N358bn contracts For Bridges, Others

FG Approves N358bn contracts For Bridges, Others The Federal Government on Wednesday approved contracts totalling about N358bn for roads, bridges and power at a meeting of the Federal Executive Council meeting presided over by President Muhammadu Buhari. The Minister of Power, Works and Housing, Babatunde Fashola,...