
Lagos-Calabar Coastal Highway targets three-year completion, Umahi says
The coastal highway could cut logistics costs and open new corridors, but financing, land disputes and delivery risks cloud the timeline.
8 results for “construction”

The coastal highway could cut logistics costs and open new corridors, but financing, land disputes and delivery risks cloud the timeline.

The five-stop line from Ikeja Railway Station to Murtala Muhammed International Airport Terminal 1 has an approved design but no published cost or construction schedule, while the terminal reconstruction it is meant to serve is already under way.
The Omotosho project would compress and truck gas to industrial and transport customers beyond pipeline reach, moving from a Licence to Establish towards construction approval and offtake deals.

Family Homes Funds Limited and the Nigeria Police Trust Fund have broken ground on a 257-unit affordable housing estate in Nasarawa State, kickstarting construction of units aimed at police personnel and other eligible buyers.

The Federal Government has begun construction of a 17.7MW interconnected solar mini-grid in Ibadan under the DARES programme, targeting 20 hours of daily supply and 22,597 connections across five communities.

The European Bank for Reconstruction and Development agreed a $20.9 million project financing with Beacon Power Services to deploy smart meters across six Nigerian distribution companies.

The Federal Government, the European Union and the European Bank for Reconstruction and Development signed a €14 million grant in Abuja to fund preparation of a planned 90,000-kilometre national fibre-optic backbone, though the money covers design and capacity building, not deployment.
The consolidation reduced outstanding shares to 6.85 billion and reset the reference price to N77 without mechanically changing investors' proportional ownership.