News

Number of out-of-school children drops to 10.1m – Report

Ihesiulo Grace 17 December 2019 0

The number of out- of -school -children in Nigeria has witnessed a slight decrease from 10.5 million to 10.1 million, the 2018 new audit report of the National Personnel Audit (NPA) has revealed. Speaking during the national presentation and launch of the 2018 NPA report of basic education

Business Featured Headlines

Why Aviation industry contribution to Nigeria’s GDP is low – Sanusi

Ihesiulo Grace 16 December 2019 0

…Says FG must protect Nigeria’s aviation industry to mature …Aero Contractors MRO gets boost as domestic airlines patronise facility Despite the long existence of Nigeria’s aviation industry, lack of implementation of policies, high taxation, infrastructure deficiencies, lack of human capital development, among many other challenges, have been identified as

News

FG urges Nigerians, states to protect critical national infrastructure

Ihesiulo Grace 22 November 2019 0

Minister of Communications and Digital Economy, Dr. Isa Pantami has called on Nigerians, particularly states, to protect communication infrastructure in the country with a view to preventing them from being vandalised by criminal elements. The minister made the call in a statement signed by his spokesperson, Mrs. Uwa Suleiman, on Friday in Abuja. He also […]

News

Infrastructure, basis for community development – Fashola

Ihesiulo Grace 10 November 2019 0

Minister of Works and Housing, Babatunde Fashola at the weekend described infrastructure, especially roads as the basis for the development of the economy of any community or country. Fasola stated this in Ilara-Mokin, Ifedore Local Government area of Ondo state, while inaugurating a network of six-kilometre roads, constructed by the Chairman of Toyota Nigeria Limited,

Politics

Why we developed road infrastructure by Governor Wike

Ihesiulo Grace 7 November 2019 0

Rivers State Governor,  Nyesom Ezenwo Wike has declared that he developed critical road infrastructure across different parts of the state because he is committed to safety on Rivers roads.Speaking during the launch of the 2019 “Ember” months campaign by the Federal Road Safety Commission (FRSC) on Thursday, Governor Wike said that Rivers roads were designed

Featured Headlines

Fashola seeks NASS approval of N10trn Infrastructure Bond

Ihesiulo Grace 25 October 2019 0

.Says FG can invest available N9bn pension funds on road sector To address the humongous infrastructure deficit in the country, the Minister of Works and Housing, Mr. Babatunde Fashola has appealed to the National Assembly to facilitate the approval of a N10 trillion National Infrastructure Bond to especially attend to the road infrastructural needs. Rallying […]

News

FCT minister calls for more funding for infrastructure

Ihesiulo Grace 20 October 2019 0

In order to match infrastructure with the growing population of Abuja the FCT Minister, Malam Muhammad Bello, has called for increased funding for projects in the Federal Capital Territory. According to a statement signed by the Chief Press Secretary to the minister, Anthony Ogunleye, the minister made the call while presenting the 2020 budget to […]

Business

NASENI, NCAA partners to produce locally made helicopters

Ihesiulo Grace 16 November 2018 0

The National Agency for Science and Engineering Infrastructure (NASENI) has partnered with the Nigerian Civil Aviation Authority (NCAA) to provide relevant guides in its plan to produce Made-in-Nigeria helicopters. Besides, the agency charged with the responsibility of fast-tracking home-initiated industrialization, has placed an order for a Dynali H3 easy flyer sport

Business Headlines

Osinbajo: Nigeria needs $1trn investment to modernise energy infrastructure

Ihesiulo Grace 13 October 2018 0

Vice President Yemi Osinbajo has disclosed that Nigeria requires about $1 trillion investment to modernise its energy infrastructure. Osinbajo stated this on Friday while declaring open the National Energy and Climate Change summit at the Old Banquet Hall, Presidential Villa, in Abuja. He added that government was doing a lot to attract domestic and foreign-direct […]

Business Headlines

NIB, Afreximbank sign €100m loan facility for infrastructure

Ihesiulo Grace 12 September 2018

The Nordic Investment Bank (NIB) and the African Export-Import Bank (Afreximbank) have signed a 10-year loan programme of EUR 100 million to finance various infrastructure projects in African countries. The €100 million made available to Afreximbank under the joint facility would be used for financing eligible investments, which mainly include projects within

Business Headlines

China Bank, Afreximbank sign $500m pact on trade infrastructure

Ihesiulo Grace 8 September 2018 0

China Development Bank (CDB) has signed an agreement to provide a $500-million facility to the African Export-Import Bank (Afreximbank) to enable the African trade finance bank support trade enabling infrastructure projects across the continent. The facility will also be used to support Afreximbank’s trade finance intermediaries to provide medium to long term financing for

Business Headlines

Nigeria has benefitted $5bn projects from China in 3 yrs – Buhari

Ihesiulo Grace 5 September 2018 0

President Muhammadu Buhari has disclosed that Nigeria’s partnership with China through the Forum on China-Africa Cooperation (FOCAC) has resulted in the execution of vital infrastructure projects across the country valued at over $5 billion in the last three years of the current administration. Buhari made the disclosure on Tuesday in Beijing at the FOCAC Round […]

Anambra Times News

CD demands improved infrastructure in Onitsha

Ihesiulo Grace 20 August 2018 0

The Campaign for Democracy (CD) has called on Gov. Willie Obiano of Anambra to improve the state of public infrastructure in Onitsha, the state’s commercial hub. The National Publicity Secretary of CD, Mr Dede Uzor, via a statement made available to newsmen in Onitsha on Sunday, said most of the contractors executing road projects were […]

News

Spare FG infrastructure, VON DG tells pro, anti Saraki senators

Ihesiulo Grace 6 August 2018 0

The Director General of Voice of Nigeria (VON) and chieftain of All Progressives Congress (APC), Mr. Osita Okechukwu has urged both pro and anti-Saraki senators to spare the infrastructure revolution of President Muhammadu Buhari. Okechukwu who is an ardent supporter of President Buhari, made the appeal on Sunday while speaking on the raging storm over […]

Business Headlines

Dangote donates N.3bn Business School to University of Ibadan

Ihesiulo Grace 26 July 2018 0

…Vows to raise entrepreneurs for nation building Leading businessman and Chairman of Aliko Dangote Foundation, Alhaji Aliko Dangote, has challenged the government to muster the will to provide critical infrastructure that will make the nation’s environment conducive to commerce and industry. Dangote made this appeal while delivering the third Eminent Persons Business

Business Headlines News

Afreximbank @ 25: FG seeks more support for infrastructure development in Africa

Ihesiulo Grace 12 July 2018 0

…Nigeria’s ongoing AfCFTA consultations in right direction –Panelist Nigeria’s Minister of Finance, Mrs Kemi Adeosun, has called on the African Export-Import Bank (Afreximbank) to invest more in the area of infrastructure development with a view to promoting trade and investment on the continent. Adeosun made the call on Wednesday in Abuja, at the opening of

Business News

W/Bank urges African Govts to embrace PPP

Ihesiulo Grace 20 June 2018 0

The World Bank on Tuesday urged African governments to embrace the use of Public Private Partnerships (PPPs), in order to bridge their infrastructure deficit gaps. The programme leader for Equitable Growth, Finance and Institutions at the World Bank Group, Johan Mistiaen, told journalists in Nairobi that the financing gaps in infrastructure in the continent are […]

News

Presbyterian Church commends Ikpeazu

Ihesiulo Grace 18 June 2018 0

The Presbyterian Church of Nigeria (PCN) has applauded the infrastructure development efforts of Governor Okezie Ikpeazu and described him as “a true Nehemiah of our time”. This was during the 2018 Fathers’ Day Celebration of the Men’s Christian Association (MCA), of the Ogbor Hill Parish of the Church by the Minister in Charge, Rev. Akim […]

Headlines News

Saraki visits EFCC Hqrts, says I am here to support building of institutions

Ihesiulo Grace 9 May 2018 0

President of the Senate, Dr. Abubakar Bukola Saraki, on Tuesday inspected the new headquarters building of the Economic and Financial Crimes Commission (EFCC), and said he will continue to support efforts to build and strengthen the nation’s institutions irrespective of any differences. Saraki, who spoke to journalists after a tour of the edifice, according to […]

News Nigeria

Ebonyi spends over N690million on road infrastructure maintenance

Ihesiulo Grace 7 May 2018 0

In a bid to keep its road network at par with what obtains in other parts of the globe, Ebonyi State government weekend said it had spent over N690million on road infrastructure maintenance across the state, in the last two years. This is even as it has said that it would be disappointing and laughable […]