Tag: Road Projects
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Analysis: Matters arising in Governor Okowa’s road projects delivery in Delta
By Bayagbon Daniel Road infrastructure plays a very important role in the development of any state or country and is oftentimes used as index to assess it’s growth or development by experts. The importance of quality road networking cannot be overemphasized because it does not only reduce the cost of transportation both in terms of…
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All on-going road projects would be completed before 2023 – Delta Govt
The Delta State Government has assured that all on-going road projects in the State would be completed before the end of the Governor Ifeanyi Okowa’s administration. The State Commissioner for Works, Chief James Augoye gave the assurance in Asaba while fielding questions from journalists on Thursday. Augoye assured that the 9.2 km Isheagu/Ewulu road in…
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Sanwo-Olu inspects road projects, says traffic will improve in Apapa by October
The Lagos State Governor Babajide Sanwo-Olu said traffic will improve in Apapa axis in October, as all roads and bridges would have been completed. Sanwo-Olu gave the assurance on Sunday during an inspection of the construction work in the port city. The Governor, on Sunday, set out on a five-hour tour of projects and infrastructure…
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FEC approves N65.9bn for road projects
The Federal Executive Council (FEC) has approved N65.9 billion for road projects across the country. Minister of State for Works and Housing, Abubakar Aliyu, told State House correspondents on Wednesday after the Federal Executive Council (FEC)meeting at the Presidential Villa, Abuja. News Agency of Nigeria(NAN)reports the meeting was presided over by President Muhammadu Buhari. The…
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Why we cannot complete road projects – FG
The federal government has attributed its inability to complete ongoing road projects to paucity of funds. Minister of Works and Housing Babatunde Fashola stated this on Friday. Fashola noted that while the number of roads seeking government’s attention for completion and rehabilitation keeps increasing on daily basis “the resources required to fix them remained grossly…
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FEC approves N310b for road projects
The Federal Executive Council (FEC) on Wednesday approved three memos and a total of N310 billion for roads projects. The Minister of Works and Housing, Babatunde Fashola briefed State House correspondents at the end of FEC meeting chaired by Vice President Yemi Osinbajo at the Presidential Villa. He was with the Minister of State for…
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FG completes 88 road projects captured in 2017 budget – FERMA
The Federal Road Maintenance Agency (FERMA) on Thursday said over 88 capital road projects captured in the 2017 budget nationwide had been completed. Maryam Sanusi, spokesperson of FERMA, made this known in an interview with the News Agency of Nigeria (NAN) in Abuja. Mrs Sanusi said another 66 road projects that were also captured in…
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FG releases N100bn proceeds from sukuk bonds to fund 25 road projects
The Federal Government on Wednesday in Abuja released N100 billion to road contractors to facilitate the construction and rehabilitation of 25 priority road projects across the six geopolitical zones. The Federal Government raised the funds through the issuance of Sukuk bonds. Sukuk bonds are Islamic bonds, structured in such a way as to generate returns…