The Federal Inland Revenue Service (FIRS) has unveiled plans to meet with the Central Bank of Nigeria (CBN) and Ministry of Works this Friday with a view to reviewing about N2.59 trillion tax credit scheme for road repairs and construction in the country. The Chairman of the federal revenue service, Dr. Zacch Adedeji, during a […]
The Federal Government has announced its partnership with the World Bank Group to raise $3 billion for expansion of broadband infrastructure in the country. The project involves laying additional 120,000km of fibre optic cables across the country. The Minister of Communications, Innovations, and Digital Economy, Dr. Bosun Tijani, who made this disclosure at stakeholders meeting […]
The Nigerian Maritime and Safety Administration (NIMASA) has commenced moves for the deployment of the Modular Floating Dock to the operational base as part of its current efforts to enhance port operations in the country. Already, the agency has moved the Floating Dock to a jetty at the Standard Flour Mills in Apapa preparatory to […]
The Federal Government has inaugurated an Inter-Ministerial committee from the Ministry of Power and Gas to investigate the root causes of the lingering gas supply shortfall to electricity generation companies (GenCos) and come up with recommendations on how the challenge could be permanently addressed. The initiative was taken following a meeting between the two Ministries […]
Nasarawa State Governor, Engr. Abdullahi Sule, has commended Ogun State Governor, Prince Dapo Abiodun for his giant strides in road construction and infrastructure development in the last four and a half years of his administration. Sule, who gave the commendation on Monday when he paid a courtesy call on Governor Abiodun at the Governor’s Office, […]
The Minister of Steel Development, Prince Shuaibu Audu, has hinted of plans by the Federal Government on a three-year roadmap designed to fully reactivate the ailing Ajaokuta Steel Company to ensure that the billions of Naira invested in it are not wasted. The minister, who disclosed this at the weekend during a media briefing in […]
Ogun State Governor, Prince Dapo Abiodun, has said that his administration was committed to the development and the well-being of its citizens by committing more funds to enhance infrastructure across the state Abiodun made this promised on Saturday to commemorate the 48th anniversary of the creation of the state. The governor noted that despite various […]
Total customers of electricity in Nigeria rose to 11.71 million in Q3 2023 from 11.47 million in Q2 2023, showing an increase of 2.08% quarter-on-quarter, the National Bureau of Statistics (NBS) has reported. The statistics agency gave these figures in its ‘Nigeria Electricity Report (Q3 2023)’ published on Wednesday, January 31, on its website. The […]
Lagos State Government has said that it plans to allocate N550.689 billion, or 24.28% of its 2024 budget, to infrastructure development and maintenance. The Commissioner of Economic Planning and Budget, Mr Ope George, who made this disclosure during the state’s ‘2024 Budget Analysis’ held at Alausa Ikeja, listed some of the key projects as including […]
The Federal Government of Nigeria and the Kingdom of Morocco have reopened their discussions to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco gas pipeline project. The parley took place on the sidelines of a meeting between the Minister of State for Petroleum Resources (Gas), Mr. Ekperikpe Ekpo, and the […]