Tinubu defends $21.7 billion in loans as infrastructure
ABUJA, Nigeria — President Bola Tinubu has defended his administration’s borrowing plans, arguing that loans should be judged by the infrastructure they deliver, the economic value they create…
ABUJA, Nigeria — President Bola Tinubu has defended his administration’s borrowing plans, arguing that loans should be judged by the infrastructure they deliver, the economic value they create…
The World Bank Group is targeting up to $5.79 billion in private sector financing for Nigeria, with a major initiative expected to support approximately 850,000 direct and indirect…
The Infrastructure Concession Regulatory Commission (ICRC) has warned stakeholders that the $1.3 billion, 700-megawatt Zungeru Hydropower Project cannot be allowed to operate below capacity. Director General of the…
Dangote Group said a Kenyan court ruling over a land rights dispute will not halt the groundbreaking ceremony for its planned 700,000-barrel-per-day (bpd) oil refinery in Lamu, although…
The Minister of Works and Housing, Babatunde Fashola, has said that the former President, Olusegun Obasanjo, should have invested in capital projects across the country, instead of paying…
The Lagos State Government on Wednesday launched the new buses under the Bus Reform Initiative (BRI) with free service on five routes, assuring that the development would redefine…
Vice President Yemi Osinbajo has said that the Federal Government spent over N3.5 trillion of the national budgets on infrastructure in the last three years. Osinbajo stated this…
President Muhammadu Buhari has agreed to inaugurate Africa’s first mega bus terminal, Oshodi Transport Interchange before May 29, officials of the Lagos State Government have confirmed. Besides, the…