Construction growth in Nigeria will be the fastest of all markets, according to the latest 10-year forecast from Global Construction Perspectives and Oxford Economics.
As the rail rehabilitation project embarked upon by the Federal Government heightens, the Federal Government has awarded the rehabilitation contract on the 488km Lagos - Jebba rail track to the Chinese Civil Engineering Construction Company.
OHORONGO yesterday secured nearly N$1 billion of the required N$2,5 billion to develop the country's only cement factory.
Kebbi state government has awarded contracts for the construction of 18 earth dams at the cost of N1.2 billion.
Governor Danbaba Suntai of Taraba state has commissioned the N540 million computerized stone-crushing and asphalt plant at Sibre near Jalingo, constructed by the state government.
The Works and Housing Minister, Dr. Hassan Lawal, weekend, promised that the Federal Government will accord the reconstruction of the Lagos-Benin Expressway top priority.
THE Government has earmarked sh850b for the development of the Luweero Triangle and Rwenzori regions that were devastated by war.
As part of efforts to bridge the yawning gap between Nigerian graduates and their overseas counterparts, the Petroleum Technology Development Fund-PTDF, has upgraded facilities in Nigerian universities valued at Three Billion Naira (#3 Billion).
The Federal Housing Authority (FHA) has signed an agreement with a private firm worth N26 billion, comprising N22 billion as cost of constructing houses and N4 billion for infrastructure development, to build 932 new housing units in Abuja, aimed at tackling the housing crisis in the federal capital territory.
THE Government will spend $600m (about sh1.1 trillion) to renovate hospitals and health centres, the Minister of Health, Dr. Stephen Mallinga, has said. Mallinga said the money will be used to upgrade the health facilities to cater for the increased demand for services.
When in 2007, the then minister of the Federal Capital Territory, FCT, Mallam Nasir el-Rufai announced that his administration intended to lessen commuters' pain in the capital city, by constructing a light rail transport system, which would not only lengthen the life span of roads, by ensuring that fewer vehicles ply the roads, but also improving the socio economic activities of residents of the ...
AS Parliament has started scrutinising the expenditure for the 2007 Commonwealth Heads of Government Meeting (CHOGM), The New Vision looks into the procurement process and cost of the road works.
Tanzanian government in collaboration with the Government of China expects to build an ultra-modern sports centre in Mbulu district to promote sports. The facility to be known as "High Altitude Sports Centre Mbulu" will cost Tsh.10 billion on completion.
Contractors handling various roads and building projects for Imo State Government, have been ordered to go back to site and complete their assignments.
Commercial and business outfits around the Area 10 shopping complex in Abuja have expressed dismay over the non-completion of the proposed multi-level car park project initiated by the FCT Administration, which according to them, is causing them severe hardship.