Infrastructure Metro Top Story

FG to shutdown Third Mainland Bridge 72 hours, partially, to close Lagos-Ibadan Expressway 48 hours

The Federal Controller of Works Lagos, Mr Olukayode Popoola on Tuesday announced a 72-hour total closure of the Third Mainland Bridge to cast concrete on thee expansion joints. Popoola told the News Agency of Nigeria (NAN) in Lagos that the shutdown will take effect from midnight on Saturday to midnight on Tuesday. He added that Read More…

Infrastructure Metro Top Story Travel

To ease Lagos traffic gridlock, Amaechi urges terminal operator access for rail line completion

The Minister of Transportation, Mr Rotimi Amaechi, has urged the Management of APM Terminal at Apapa port to provide right of way for the Chinese Civil Engineering Construction Corporation to finish the laying of the standard gauge track. Amaechi said the job needed to be completed because Mr President is expected to commission the project Read More…

Featured Infrastructure Metro

LASG closes Adejobi, Adegba, Works roads for Lagos-Ibadan rail project

Lagos State Government has announced plans to close down Adejobi Street, Agege, Adegbola Level Crossing and Works Road for three days from Monday for the ongoing Lagos-Ibadan standard gauge railway project. A statement by the Lagos State Ministry of Transportation said that the road closures would begin on the 9th, 11th and 12th of Nov. Read More…

Business Economy Featured Infrastructure

PPPs attract $8.5 bn into Nigerian economy in 10 years

The Management  of the Infrastructure Concession Regulatory Commission (ICRC), says it has in the last 10 years shored up the Nigerian economy with over 8.5 billion dollars generated from Public Private Partnerships (PPPs). The Director-General of ICRC, Mr Chidi Izuwah disclosed this on Thursday in Abuja when he received a delegation of the National Hajj Read More…

Infrastructure Metro Top Story

Sanwo-Olu flags off 18.75KM Eti-Osa-Lekki-Epe reconstruction

…says project to revolutionise Lagos economy The Lagos State Governor, Mr Babajide Sanwo-Olu, on Sunday flagged off the reconstruction and upgrading of the Eti-Osa-Lekki-Epe Expressway, saying that the project will revolutionize trade and commerce in the state. At the launch of the project at Eleko, Sanwo-Olu said government knew the importance of the Eti-Osa-Lekki-Epe Expressway Read More…

Business Infrastructure Investment Stocks Top Story

Stockbrokers urge FG to use investment opportunities to fill infrastructure gap

The Chartered Institute of Stockbrokers (CIS) on Sunday urged the Federal Government to leverage investment opportunities in the capital market for medium and long-term capital to bridge infrastructure deficit. The CIS President, Mr Olatunde Amolegbe, said this in a statement on Sunday in Lagos. Amolegbe said that the Nigerian capital market would definitely help in Read More…

Infrastructure Metro Top Story

Fashola thanks Lagos residents, seeks more patience on bridge closure

The Minister of Works and Housing, Mr Babatunde Fashola, on Thursday thanked the Lagos State Government and residents for their patience during the ongoing repairs of the Third Mainland Bridge. Fashola while inspecting the bridge also called for more understanding saying that the planned three days total closure was important for completion and delivery of Read More…

Business Featured Infrastructure Maritime

Lagos-Ibadan rail project expected to decongest Apapa port

The federal government says with the linkage of 156km Lagos-Ibadan standard gauge rail line to Apapa seaport and construction of dry port in Omi Adio, near Ibadan, the perenial congestion in Apapa will be a thing of past. The Minister of Information and Culture, Alhaji Lai Mohammed stated this on Friday when he featured on Read More…

Infrastructure Metro Top Story

Eko bridge will be reopened in October – Controller of Works

The Federal Controller of Works in Lagos, Mr Olukayode Popoola, says the ongoing emergency rehabilitation of the Eko Bridge linking Alaka is almost completed and will be ready for use in October. Popoola told the News Agency of Nigeria (NAN) while inspecting the bridge in Lagos on Wednesday that the new bearings had arrived from Read More…