The National Agency for Science and Engineering Infrastructure (NASENI) has opened discussions with Nasarawa State Government and Bobtrack Tractors, a division of Saint Bob Motors Limited, on the manufacturing and assembling of tractors in the North-Central geopolitical zone. A statement issued on Monday by the agency’s Director, Information, Segun Ayeoyenikan, on the multibillion Naira project […]
Infrastructure & Capital Projects
NSIA Restates Commitment To Accountability, Inclusiveness In Operations
…As Comprehensive Income Surges By 1,122% In FY 2023 The Nigeria Sovereign Investment Authority (NSIA) on Thursday restated its continued commitment to strong corporate governance, accountability, transparency and inclusion of critical stakeholders in its continued strive to improve the nation’s infrastructure for improved performance of the economy and value-addition to socioeconomic well-being of the […]
Abiodun Assures Sustained Infrastructure Devt, Commissions Siun-Owode Road
Ogun State Governor, Prince Dapo Abiodun, on Thursday said his government would continue with its ongoing infrastructure drive, especially in road construction to fast-track economic growth in the state. Abiodun made the commitment during the commissioning of the six kilometres (first phase) of the Siun-Owode-Ofada road in the Obafemi Owode Local Government of the state. […]
AFC Closes $1.16Bn Loan Facility Round For Africa’s Infrastructure Projects
Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has announced the successful close of its largest ever debt facility, a US$1.16 billion syndicated loan, attracting new lenders from the Middle East, Europe and Asia, in its efforts to bridge Africa’s yawning infrastructure gap. A news report from the African Press Organization (APO) […]
Nigeria Seeks Joint Sub-Regional Protection of Undersea Cables
Following recent undersea cable cuts that challenged connectivities in many countries in the West African region, Nigeria has canvassed the need for a coordinated and multilateral approach by the regional authorities to protect shared telecommunications infrastructure, and diversify connectivity to ensure uninterruptible connections. The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu […]
States Must Prioritize PPP Arrangement In Power Infrastructure Projects – Nnaji
State governments in the country should adopt a Public Private Partnership (PPP) arrangement in procuring power infrastructure in their states in the current efforts to boost electricity supply nationwide, a former Minister of Power, Prof. Barth Nnaji, has advised. The industry top player gave the charge on Thursday during his paper presentation at the first […]
Digital Infrastructure: Nigeria, ITU Parley On Undersea Cables Protection
Nigeria’s Minister of Communications and Digital Economy, Dr. Bosun Tijani, has disclosed that in furtherance of the Federal Government’s ongoing efforts to enhance the quality of telecommunications services nationwide, the government and the International Telecommunication Union (ITU) have opened discussions targeted at protecting submarine cables and other digital infrastructure. Tijani, who made this disclosure on […]
Advocacy Group Sensitizes Nigerians On ‘Right To Food’
The Farm and Infrastructure Foundation, a civil advocacy organization at the frontline of food security in Nigeria, has charged Nigerians to join forces in ensuring that governments in the country prioritize policies and programmes that will ensure food security as their fundamental human right in the years ahead. Giving the charge during a statement on […]
NSIA Partners NSP Coy On Solar-Hydro Hybrid Project Funding
The Nigerian Sovereign Investment Authority (NSIA) and North South Power (NSP) Company Ltd have opened collaborative investment discussions on a solar-hydro hybrid grid targeting 20 Megawatts of power. The Vice President, Kashim Shettima, who gave this hint, said the Fund planned to flag-off the 20 megawatts in its first phase of a 300 megawatts project. Shettima, […]
FG To De-risk Power Sector For Improved Investment – Verheijen
The Federal Government has restated its commitment to bridging the metering gap and other constraints in the nation’s power sector through investments in critical technological tools and solutions and by so doing boost electricity supply nationwide. The Special Adviser on Energy to Nigeria’s President, Olu Verheijen, made the pledge in her contributions at the 2024 […]