Monday , 14 July 2014
Aside from distributing traffic, adding to the aesthetic value of an environment, and facilitating trade and commerce by reducing travel time, roads infrastructure renewal or construction also plays a strategic economic function of creating new jobs – direct and indirect for skilled and unskilled labour. The Lagos State government has, in the past 2,400 days of the Babatunde Fashola administration,... Read more »
Lagos State Governor Babatunde Fashola, has described the handingover of the 7-kilometre Ibeshe Road as a statement of fidelity by his administration. He said he has redeemed his promise to construct the road during the electioneering campaign, saying he has kept his promise. Speaking during the handing over of the road, Governor Fashola explained that there were noticeable improvement in... Read more »
A cocktail of options on how to bridge Nigeria’s infrastructure financing gap yesterday resulted in a senior government minister, Shamsudeen Usman, minister, national planning, saying “Nigeria needs about $2.9 trillion in the next 30 years to execute its integrated infrastructure master plan.” Usman told the audience on the first day of ongoing roundtable by the Securities and Exchange Commission (SEC) that... Read more »
NOTWITHSTANDING some issues that surround the take off of the proposed 4th Mainland bridge, Lagos State Official last week confirmed that physical works would soon commence. They said though preliminary works had started, the state government intends to address several concerns over the planned infrastructure project. Besides, property development along the corridor has slowed down, following recent pronouncement of officials... Read more »
Construction work on the proposed second bridge across the River Niger from Asaba, Delta to Onitsha, in Anambra, may have begun, the News Agency of Nigeria (NAN) reports. Indication on this emerged on Thursday when construction giant, Julius Berger Nig. Ltd, believed to be the favoured contractor for the project, began preliminary work on the job. NAN reports that bulldozers,... Read more »
Lekki-Ikoyi Link Bridge begins operation The inauguration of the Lekki-Ikoyi Link Bridge which held today has once again put Lagos and Nigeria in the fore of development progress, as the first cable stayed bridge in Nigeria and West Africa. The Lekki-Ikoyi link bridge is to be one of the first major cable stayed bridges to be built in West Africa.... Read more »
3INVESTONLINE – The Federal Government has announced Julius Berger AIMS Consortium as the preferred bidder for the construction of the Second Niger Bridge that is to connect Delta and Anambra states. The Minister of Works, Mr. Mike Onolememen, stated this in Abuja on Friday after hours-long meeting with delegates from the consortium and various government agencies. According to him, five... Read more »
INFRASTRUCTURE – Once again the third mainland bridge has grabbed the headlines, this was after Gbenga Ashafa, representing Lagos East, raised a point of order to be allowed to bring to the attention of the Senate the imminent collapse of the bridge and would want urgent remedial measures to be taken. He told the senators that the consultant who carried... Read more »