The Minister of Power, Works and Housing, Mr Babatunde Fashola, has said that the rehabilitation of access roads at Apapa Port in Lagos State was a priority project of the Federal Government.
Continue reading »APAPA PORTS ROADS A PRIORITY – FASHOLA
Tag: Budget
FED GOVT BUDGETS N10 BILLION FOR ABUJA AIRPORT SECOND RUNWAY
In a bid to prevent further costly shutdown of operations, the Federal Government has begun moves to construct a second runway at the Nnamdi Azikiwe International Airport Abuja.
Continue reading »BUDGETARY SPENDING ALONE CAN’T ADDRESS INFRASTRUCTURE DEFICIT – ADEOSUN
The Minister of Finance, Mrs. Kemi Adeosun, on Tuesday said that the Federal Government could not address the country’s huge infrastructure deficit with budgetary allocations alone in the next 10 years.
Continue reading »FG’S OBLIGATIONS TO ROAD CONTRACTS VALUED AT N2.6TN
The Federal Government’s total contractual commitment to the construction sector particularly roads and bridges is currently valued at about N2.6 trillion.
Continue reading »REPS THREATEN TRANSPORTATION MINISTRY WITH ZERO ALLOCATION
The House of Representatives on Tuesday said the Ministry of Transportation would get zero allocation in the 2017 budget if it failed to provide clear explanation and figures on how it spent the funds appropriated to it in the 2016 fiscal year. According to the lawmakers, the ministry has not spent the over N243bn that it has so far received […]
Continue reading »LAGOS HAS EARMARKED N30BN TO PHASE OUT DANFO BUSES – AMBODE
Lagos Sate Governor, Mr. Akinwunmi Ambode, at the weekend said that the proposed Bus Reform Initiative aimed at giving Lagosians an integrated public transportation system would kick start this year with a sinking fund of N30 billion. The new initiative will phase out danfo buses as means of transportation in the state within the next two years. Ambode, who spoke […]
Continue reading »SHIPPERS’ COUNCIL REMITS N408M TO FED GOVT IN 9 MONTHS
The Nigerian Shippers’ Council (NSC) has remitted N408 million to the federal government between January to September 2016. This was even as the Council recorded 35 per cent performance in the implementation of the 2016 budget between the same periods. Speaking recently, the Executive Secretary of NSC, Barrister Hassan Bello, stated that the Council has recorded 23 per cent performance […]
Continue reading »CONSTRUCTION OF FOURTH MAINLAND BRIDGE TO START THIS YEAR
The Lagos State Government has said that the construction of Fourth Mainland Bridge would still begin this year. The state Commissioner for Information and Strategy, Mr. Steve Ayorinde, gave the assurance in an interview with the News Agency of Nigeria (NAN) on Tuesday in Lagos.
Continue reading »PRESIDENCY BUDGETS N100M TO PURCHASE BULLET PROOF TYRES
The ongoing budget defence in the National Assembly yesterday revealed how in contrast to general beliefs about President Muhammadu Buhari’s perceived frugal lifestyle, the State House has since last year been spending whopping sums of money to purchase printed tyres, otherwise known as bullet proof tyres. Against this backdrop, the Presidency has planned to spend about N100 million for the […]
Continue reading »APPROVAL TO SPEND ON ROADS RECEIVED– FASHOLA
The Minister of Power, Works and Housing, Babatunde Fashola, on Thursday said his ministry had received the required authority to spend on road projects. According to him, the government will pay more attention to roads with the highest traffic, citing the Lagos-Ibadan Expressway as an example. The Federal Government had on Tuesday announced that so far it had released N280bn […]
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