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Lawmakers Extend Capital Budget Deadline Amid Growing Concerns Over Project Delays

Nigeria’s Senate has granted an extension for the implementation of capital expenditures in the 2024 national budget, shifting the deadline from 30 June to 31 December 2025 to allow for the completion of critical infrastructure and public service projects. The bill amending the 2024 Appropriation Act was passed during Tuesday’s plenary session after being read…

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President Barrow Pledges Support For ECOWAS’ Banjul-Barra Bridge Project

President Adama Barrow of The Gambia has pledged his support for ECOWAS’ proposed Banjul-Barra Bridge initiative, describing it as a critical infrastructure that would engender massive development in the subregion. Barrow stated this when he received ECOWAS Commissioner for Infrastructure, Energy and Digitalization, Sediko Douka, who led a high-level delegation to him in Banjul, on…

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Chinese Firm Expresses Support For FG’s $20b Ogidigben Qas Project

China National Chemical Engineering International Corporation Ltd (CNCEC) has expressed its readiness to support the development of the Federal Government’s $20 billion Ogidigben gas project in Delta. The CNCEC President, Li Zhenyi, stated this in Beijing when he received a delegation of Nigeria-China Strategic Partnership (NCSP), led by the Director-General, Joseph Tegbe. A statement made…

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