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Construction / Infrastructure in Nigeria

  • Africa: Experts Explore Infrastructure and Cooperation to Improve Lives

    BOTSWANA, 2017/11/01 Addis Ababa — African economies require structural transformation to attain sustained increase that trickles down to all its peoples, an official from the United Nations Economic Commission for Africa (ECA) told experts gathered at the organization’s Ethiopian headquarters. Soteri Gatera, who heads the ECA’s Industrialization and Infrastructure Section, says only such “inclusive” economic increase will help resolve the “persistent social economic problems” Africa faces.
  • Africa's Infrastructure Spending Drops

    ANGOLA, 2017/08/20 Africa's infrastructure investment spending decreased in 2016 compared 2015, according to Deloitte 2016 African construction trends statement. In 2016, 286 projects worth 50m and additional were being built in Africa, down from 301 in 2015. The fall in in general capital price was $51bn — from a total of $375bn in 2015 to a total of 324bn in 2016.The statement, released on Tuesday, said there were 109 projects worth a total of $140bn in Southern Africa in 2015. For 2016, project numbers had fallen to 85, worth $93bn. “Africa has seen a downturn in both the number and price of projects included this year, in contrast to previous years,” said Jean-Pierre Labuschagne, Deloitte Africa infrastructure and capital projects leader.
  • Roads, education top Ambode’s 2016 budget

    NIGERIA, 2016/01/05 Roads and education will attract the highest spending for this year, going by the 2016 budget signed by Governor Akinwunmi Ambode of Lagos National. This was released as the national government officially released a partial breakdown of the 2016 budget. At the breakdown of the budget presented by the Commission for Economic Planning and Budget, Akinyemi Ashade at the National Home, Ikeja, Lagos, Southwest Nigeria on Monday, Ambode will spend N89.9 billion on the construction, rehabilitation and maintenance of roads and public buildings. The breakdown as well showed that N86 billion has been earmarked for education in a bid to tackle onerous decay and revamp the ailing sector.
  • Nigeria: Buhari Decries Influx of Foreign Construction Workers

    NIGERIA, 2015/11/15 President Muhammadu Buhari has directed the Federal Ministries of Works and Lands, Housing and Urban Development to urgently prepare action plan for speedy revitalisation of the country's vocational training centres. A statement by the president's Senior Appropriate Assistant on Media and Publicity, Mallam Garba Shehu, said Buhari gave the directive at a conference with the Board of Directors of Julius Berger Nigeria Plc. It said that the president was told that, because of shortage of competent construction workers and artisans in the country, construction companies were forced to bring in skilled expatriates.
  • Nigerian investor Aliko Dangote, who has expressed interest in reviving the moribund Dakar-Bamako railway transport.

    MALI, 2015/07/29 Nigerian businessman Aliko Dangote has expressed interest in revitalising the moribund Dakar-Bamako railway transport. Senegalese media said Tuesday that the Nigerian millionaire’s decision stemmed from the fact that he would need to export his cement to other nations in the sub region. Since early this year, the ‘Dangote Ciment’ became the third cement producer in Senegal next Sahel and Soccocim factories located near Dakar.
  • Akwa Ibom Acquires 14, 900 Hectares of Land for Seaport Nigeria

    NIGERIA, 2014/09/02 Akwa Ibom government on Friday said it had acquired 14, 900 hectares of land for the take-off of Ibaka Deep Seaport in Mbo Local Government Area of the national. The national governor, Chief Godswill Akpabio, made this known in Uyo at the same time as the chairman of Infrastructure Concession Regulatory Commission (ICRC), Sen. Ken Nnamani, visited him. Akpabio said that the development of the seaport would be done through Public-Private-Partnership (PPP), and therefore solicited the involvement of ICRC in the project.
  • Infrastructure upgrades at the nation's 22 airports in Nigeria

    NIGERIA, 2014/02/12 Infrastructure upgrades at the country's 22 airports are currently underway. Some by presently completed and are being used and others at various stages of completion. All the airports have had their capacities doubled, in some cases quadrupled for better profitability. Five new international terminals are as well coming up in Lagos, Abuja, Kano, Port Harcourt and Enugu - the architectural designs rival other international terminals abroad. And again, the perishable cargo terminals, 15 of them in all, rising from hitherto virgin lands across the country, exciting the government, farmers and other agricultural stakeholders down the price chain. Considering Nigeria's current zero earnings from perishables even though she has sufficient fresh farm produce almost all year round, there couldn't be a better offering to the farming communities.
  • Lagos-Abidjan highway gets boost

    ABIDJAN, 2014/02/01 The plan by the Economic Community of West African States (ECOWAS) to build a highway from Lagos, Nigeria, to Abidjan in Cote d'Ivoire, got a major boost on Thursday as the Heads of Governments in the sub-region approved US$50 million for the project. The ECOWAS leaders as well approved the request by the ECOWAS works ministers to be allowed to approach the African Development Bank (AfDB) for provision of an extra US$16.6 million for the detailed designs of the project.
  • The federal government is investing $870 million (N139 billion) in airport infrastructure

    NIGERIA, 2013/10/26  The federal government is investing $870 million (N139 billion) in airport infrastructure, which include the building of five new terminals, provision of necessary equipment to improve the country's airspace, modern equipment for accurate weather forecasting, provision of runway lighting and power projects. The Managing Director of the Federal Airport Authority of Nigeria (FAAN), Mr. George Uriesi, made this known while delivering a paper at the 22nd Airports Council International (ACI) Africa Annual General Assembly and Conference taking place in Lome, Togo. Uriesi, who spoke on 'Airport Regulation: African Perspective,' noted that a lot of African nations have realised the importance of air transport in the economic and social development of nations in the continent and chose to invest resources to develop airports and other ancillary facilities for safe air operations.
  • Chuks Omeife, President, Nigerian Institute of Building

    NIGERIA, 2013/01/05 IN pursuit of standardisation and reform necessary in the Nigerian construction industry for the benefit of amount and sundry, Chuks Omeife, President, Nigerian Institute of Building, recently led a delegation of completed and present industry operators on a trip to Singapore and Malaysia where mass housing is made easy for citizenry. In this interview with Saturday Vanguard Business, Omeife revealed that same thing can be done in Nigeria with workable policies in place. Excerpts: