Developers, experts foresee tough times for real estate sector as foreign exchange rate rises
Following persisting unfavourable policies and a full-blown foreign exchange rate crisis that has brought Nigeria’s economy to a its knees,…
We’ve recovered missing N5bn NHIS funds – Sambo
The Executive Secretary, National Health Insurance Scheme, Prof. Nasir Sambo, has said the institution has recovered N5bn funds missing from…
FG begins building of 300,000 houses this week – Presidency
The Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, on Sunday disclosed that the Federal…
700 road projects currently ongoing – FG
The Federal Government on Wednesday said over 700 road projects were currently ongoing across all geopolitical zones in Nigeria. It…
N38bn budget for road repairs inadequate, says Senate
The Senate has described as grossly inadequate, the N38bn earmarked for federal road repairs in the 2021 budget. The red…
Senate wants extra N9bn for Nigeria railways
The Senate on Thursday, demanded additional N9bn for the Nigeria Railways Corporation in the 2021 budget. The Chairman, Senate Committee…
Christmas: Fashola moves to ease congestion on Lagos-Ibadan Expressway
The Minister of Works and Housing, Babatunde Fashola, on Sunday said the Federal Government would complete the Lagos-Ibadan Expressway project…
Nigeria needs $3tn to bridge infrastructure gap – Report
Moody’s Investors Service, a Global credit rating agency, has stated that the infrastructure in Nigeria is behind other emerging market…
FG owes 3,504 housing contractors, says Fashola
The Minister of Works and Housing, Mr Babatunde Fashola, said on Thursday that his ministry owed 3,504 contractors handling its…
Property firm develops 1,400 housing units for workers
The Abuja Property Development Company, a government-owned developer, is developing 1,400 mass housing projects for workers in the Federal Capital…