News - Babatunde Fashola

2018 Budget: Senate Committee Faults Allocation By Power Parastatal

2 days ago /
Nation 

The Senate Committee on Power, has condemned plans by the Rural Electrification Agency, a parastatal in the Ministry of Power to spend N10 billion on solar power projects in nine universities in the six geo-political zone of the country. Committee members raised concerns over the project at a 2018 budget defense...

20 Years After, FG Hands Over Marina Presidential Lodge To Lagos

4 days ago /
Nation 

The Federal Government on Tuesday completed the final handing over of the Presidential Lodge, Marina to the Lagos State Government about 20 years after the journey to actualise it commenced. Speaking at the handing over ceremony, held at the Conference Room of Federal Ministry of Works, Power and Housing in Abuja...

Works, Power And Housing Minister Officials Clash With Lawmakers

2 weeks ago /
Nation 

The Minister of works, power and Housing Babatunde Fashola and members of the house of representative committee on power have traded words over Mambila Hydro Project.  The minister and his team were at the committee to explain the 701 Million Naira Mabila hydro power plant among others in the power sector Their...

FG Moves To Reduce Traffic Congestion On Apapa Tin Can Island Roads

1 month ago /
Nation 

The Minister of Power, works and housing Babatunde Fashola, says the federal government is taking steps to reduce the traffic congestion on the Apapa and tin can island area of Lagos. Speaking with state house correspondents after a meeting with Vice President Yemi Osinbajo on Tuesday, Fashola explained that the action...

Senate Summons Fashola Over Alleged $35m Spendings

1 month ago /
Nation 

The Senate on Wednesday began an investigation into the alleged plan by the Ministry of Power, Works and Housing to secure the release of $350m domiciled in the Nigerian Sovereign Investment Authority to finance electricity projects. The lawmakers specifically criticised the ministry for allegedly spending $35m out of the money on...

FG Approves 25.99 Billion Naira For Payment For Debt Owed Electricity Distribution Companies

2 months ago /
Nation 

The Nigerian government has approved the sum of twenty five point nine billion naira for the settlement of debts owed electricity distribution companies in Nigeria. The cost covers electricity consumed by federal government ministries, departments and agencies.  Minister of power, works and housing Babatunde Fashola told reporters after the weekly federal executive...

FG Constitutes Committee On Export Promotion

2 months ago /
Business and Economy   Nation 

The federal government has constituted a national committee on export promotion. The committee is expected to support the economic diversification of the country as well as work with various institutions and states that could take ownership of export process. This was one of the decisions reached at the national economic council on...

Osinbajo Sends 136bn Naira Virement Request To Reps

5 months ago /
Nation 

The Acting President, Yemi Osinbajo has written to the House of Representatives to request for a virement of 1365.6 billion Naira to some critical priority projects in the 2017 budget. Osinbajo had on June 12 after signing the 2017 budget said that there was an agreement between the executive and...

Osinbajo Inspects Mokka–Jebba Bridge After Collapse

5 months ago /
Nation 

The Acting President, Professor Yemi Osinbajo on Monday visited the site of the Mokka – Jebba bridge in Kwara State for an on-the-spot assessment. He was accompanied by the Niger State Governor, Abubakar Sani Bello and the Minister of Power, Works and Housing, Babatunde Fashola. The bridge had collapsed in June, following...

Resign If You Can’t Cope – Senate Tells Fashola

5 months ago /
Nation 

The Senate Committee on Appropriation yesterday asked the Works, Power and Housing Minister, Mr. Babatunde Fashola, to resign if he could not cope with the responsibilities of his ministry. After being briefed at a plenary session by the Chairman, Senate Committee on Appropriation, Danjuma Goje, on the utterances of Fashola, the...

Minister Of Power, Fashola Wants Whistle-Blowing Policy In Power Sector

6 months ago /
Nation 

The Minister of Power, Works and Housing, Babatunde Fashola, has called on the Federal Government to extend its ‘whistleblowing’ policy to the power sector to curb energy theft. Fashola made the appeal in Enugu at the 16th Power sector monthly meeting, sponsored by the Niger Delta Power Holding Company. He said that available...

House Of Reps Again Summons Adeosun

7 months ago /
Nation 

The House of Representatives committee on procurement has again ordered the Minister of Finance, Kemi Adeosun to appear before it unfailingly on May 23. Also summoned was the Minister of Works, Housing and Power, Mr Babatunde Fashola. This summon is coming after an earlier summon by the same committee which seemed to...

Fashola Inaugurates Rural Electrification Project In Zamfara

7 months ago /

The Minister of Power, Works and Housing, Mr Babatunde Fashola, has inaugurated a rural electrification and semi-urban water project in Bakura, Talata-Mafara and Gusau Local Government Areas of Zamfara State. During the inauguration, he also reaffirmed the Federal Government’s resolve to implement the Economic Recovery and Growth Plan through the provision...

Nigeria Seeks $5.2 Billion From World Bank for Electricity

7 months ago /
Business and Economy  

Nigeria is seeking $5.2 billion from the World Bank to expand electricity generation and help the economy recover from its first contraction in 25 years.   The bank’s private-sector lending arm, the International Finance Corporation, may invest about $1.3 billion in power projects and electricity distribution companies. Its political-risk insurer, the Multilateral...

FEC Approves ₦55.7BN For Road, Aviation Contracts

7 months ago /
Transport  

The Federal Executive Council (FEC) on Wednesday approved road and aviation projects totaling N55.7 billion. The Ministers of Power, Works and Housing, Babatunde Fashola, Minister of State for Aviation, Hadi Sirika, Minister of Information and Culture, Lai Mohammed and that of Water Resources, Suleiman Adamu, briefed State House correspondents at the...

FG To Demolish Structures Around Powerlines Nationwide

7 months ago /
Nation 

The Federal Government says it will soon embark on a nationwide demolition of structures built under high tension cables in order to forestall deaths resulting from electrocution, with Cross River as a pivot state. The Minister of Works Power and Housing, Babatunde Fashola, disclosed this to journalists in Calabar, the Cross...

Federal Government Not Competing With Any State – Fashola

8 months ago /
Nation 

The Minister of Power, Works and Housing, Babatunde Fashola, said the Federal Government is not competing with any state but rather working relentlessly to complement and support them to blossom for maximum development. Mr Fashola who gave this assurance during his one day working visit to Oyo state, said some abandoned...

FG To Secure Bonds For Repayment Of Cummulative Debts

8 months ago /
Nation 

The Federal Government has assured that it will approach the capital market to secure bonds for the repayment of cumulative debts incurred by states on the rehabilitation of federal roads in their respective domain. The Minister for Works, Power and Housing, Babatunde Fashola, made this known during a visit to the...

FEC Approves N80b For Reconstruction Of Roads Across The Country

8 months ago /
Nation 

The Federal Executive Council (FEC) on Wednesday approved N80 billion for the reconstruction of 12 federal roads across the country and simultaneously also approved contracts for roads and rail in Abuja metropolis. Both the Minister of Power, Works and Housing, Mr Babatunde Fashola, and the Minister of the Federal Capital Territory, Muhammad...

 

FEC Approves Funds To Boost Power, Agriculture Efficiency

9 months ago /
Nation 

The Federal Executive Council (FEC) has approved 701 billion Naira payment assurance for power generating companies in Nigeria. The fund, kept by the Central Bank of Nigeria, is to enhance evacuation of power by the Transmission Company of Nigeria to the various power distribution companies in the country without wastage. The Minister...


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