FEC Greenlights $2.76bn, ₦215bn to Boost Nigeria’s Economy
Nigeria's Federal Executive Council (FEC) has approved a major financing package valued at approximately $2.76 billion, €200 million and ₦215 ...
Tag: Infrastructure
Government Approves N4.2 Trillion for Major Road Projects and Port Development Across Nigeria
The Federal Government has approved over N4.2 trillion for major road construction, rehabilitation, and maritime projects aimed at improving transportation, boosting economic ...
FG Promises Better Budget Transparency as Capital Project Execution Improves
The Federal Government has assured Nigerians that the implementation of capital projects across the country is better than many reports ...
N4 Trillion Road Projects Will Boost Nigeria’s Economy and Create Jobs – Property Expert
The Federal Government’s decision to approve more than N4 trillion for major road construction projects across Nigeria has been described as a ...
World Bank Warns Court Case Could Delay Nigeria’s $500m Power Meter Project
Nigeria’s plan to improve electricity distribution through the World Bank-backed Distribution Sector Recovery Programme (DISREP) is facing a major setback ...
Mission 300 Secures $1.4bn to Expand Electricity Access Across Africa
Africa’s ambitious drive to provide electricity to 300 million people by 2030 has received a major financial boost, with international ...
AfDB Advances Major Power Project to Boost Electricity Supply in Mauritania and Mali
The African Development Bank (AfDB) has taken another major step toward improving electricity access in West Africa by supporting the ...
Nigeria, European Union Strengthen Economic Partnership to Boost Investment and Trade
Nigeria and the European Union (EU) have renewed their commitment to building a stronger economic partnership aimed at attracting more ...
Nigeria Secures $1.5 Billion from UAE Bank as Debate Grows Over New Borrowing Strategy
The Federal Government of Nigeria has received the first $1.5 billion from a $5 billion financing agreement arranged with First Abu Dhabi Bank (FAB), the ...
Nigeria Loses Up to N5 Trillion Every Year as Poor Logistics Waste 40% of Farm Produce
Nigeria is losing an estimated N5 trillion every year because of poor logistics and transportation systems that prevent farm produce from reaching ...
