Infrastructure Archives - National Wire

Nigeria Invests $10b In Infrastructure In Three Years

May 23, 2018 0

The Vice-President, Prof. Yemi Osinbajo, says the Federal Government has invested close to 10 billion dollars in infrastructure development in the last three years. He said the investment which focused on roads, power and a new national rail network, was unprecedented. Osinbajo spoke in Abuja on Tuesday at the opening session of the Direct Investors Summit Nigeria, organised by Nigeria Investment Promotion …

Operators Invest N5 bn Pension Funds In Infrastructure

December 4, 2017 0

The total pension funds invested by the Pension Fund Administrators in infrastructure have risen to N5.38 billion. Figures obtained from the National Pension Commission revealed that the total assets under the management of the Contributory Pension Scheme rose to N7.09 trillion at the end of August 2017. In May 2015, the operators invested a sum of N568 million in infrastructure …

NCC, NSCDC Sign Pact On Telecom Infrastructure Protection

November 24, 2017 0

The Nigerian Communications Commission and the Nigeria Security and Civil Defence Corps on Wednesday in Abuja signed a Memorandum of Understanding on the protection of telecommunications infrastructure. With the signing of the MoU, the NSCDC has designated a desk charged with the responsibility of monitoring telecommunications infrastructure across the country. The desk is also charged with the responsibility of arresting …

Nigeria needs more investment in rural infrastructure to boost agriculture – Adesina

October 24, 2017 0

The President of African Development Bank, Dr Akinwumi Adesina, says Nigeria needs more investment in rural infrastructure to boost agricultural production in the country. Adesina on Tuesday in Des Moines, USA said that the country must continue to operate policies that would assist farmers in accessing seeds and fertilisers easily. “We must continue to run public policies that get access …

Invest in road infrastructure, get tax relief – Fashola

October 4, 2017 0

The Minister of Power, Works and Housing, Mr Babatunde Fashola has called on well-meaning individuals and corporate organisations to invest in road infrastructure. Fashola told newsmen on Wednesday in Abuja that the idea was to attract the private sector to road maintenance and in turn the Federal Government would give them tax relief. According to him, the initiative will be …