General
FG To Reopen Eko, Apongbon Bridges Ahead of Schedule
By Adedapo Adesanya
The federal government has announced that it will re-open both the Eko and Apongbon Bridges to road users ahead of schedule by midnight of July 9, 2023, six days earlier than initially planned.
The Director for Highways, Bridges and Designs in the Federal Ministry of Works, Mr Omotayo Awosanya, confirmed this while leading top engineers from the Federal team and Lagos State on an inspection tour of the bridges.
According to him, this is to alleviate the suffering of road users who have had to suffer commuting stress due to the closure of the infrastructures.
Both Apongbon and Eko Bridges were razed by fire caused by human activities in 2022.
Apongbon Bridge was affected by fire in March 2022, and efforts for its December completion were stalled by another fire that affected the Ijora Olopa section of the Eko Bridge on November 4.
On the other hand, the Ijora Olopa section of Marine Bridge damaged by vandals was shut on May 17, 2023, for safety of the public.
The team earlier had a closed-door meeting with Buildwell Plants and Equipment Industries Limited, contractors on the project, at their construction yard in Costain.
Recall that Business Post had reported that the federal government had earlier set July 15 completion deadline for the bridges.
Upon inspection of the Apongbon Bridge, both up and beneath, and the Ijora-Olopa section of the Eko Bridge by the joint team, Mr Awosanya said the date review was borne out of the need to relieve stress commuters have undergone for almost a year since the fire gutted the Apongbon section and later Ijora Olopa portion.
“At exactly midnight on Sunday, July 9, the bridges will be re-opened so that commuters will have smooth passage on Monday morning of July 10.”
He said that when the bridges are re-opened, there will be intermittent short closures to continue repairs.
He said an existing contract for the rehabilitation of the entire Eko Bridge had reached 50 per cent completion.
The director added that a total of 150 bearings had been replaced, with an additional 150 to be installed in subsequent rehabilitation works.
He said full-scale rehabilitation would continue on other sections of the Eko Bridge, as the contract is meant to last three years.
“We have come here to urge the contractor to reduce five days out of the 15th of July; we are now going to open the bridge on the 9th at 12.00 midnight.
“And a minute after 12.00 a.m on the 9th, the bridge will be opened for traffic on the 10th.
“This is as a result of close collaboration between the federal government and Lagos State Government because we are mindful of the stress the closure of this bridge has caused to Lagosians, and we have put pressure on the contractor to open the bridge on Monday for traffic.
“This will reduce the stress presently on other bridges connecting the island and Victoria Island,” he said.
He warned that the Federal Government would evacuate all illegal squatters under all Lagos Bridges, causing damage to the infrastructure.
He noted that the collaboration of the federal and state governments would help to achieve the eviction of the squatters under the Apongbon and Ijora bridges, as well as other bridges.
The Permanent Secretary Office of Infrastructure in Lagos State, Mr Olufemi Daramola, expressed satisfaction with the level of work, assuring residents of a better motoring experience on the axis after the re-opening of both bridges.
Mr Daramola said with what is on the ground, “9th of July is very realistic”, assuring that arrangements were at a high level towards the protection of all bridges.
On her part, the Federal Controller of Works in Lagos State, Mrs Olukorede Kesha, appreciated the Lagos public for their patience while the repairs of both bridges lasted.
Mrs Kesha appealed to residents to be vigilant and report illegalities and vandalism, adding that they should take ownership of all infrastructure to prevent the wastage of scarce resources that go into repairs.
The joint team from the Federal and Lagos State governments also inspected the Ijora Olopa section of the Marine Bridge, scheduled for completion in September 2023.
During the inspection, Mrs Kesha assured that demolition had been completed on all the five panels destroyed by vandals, adding that casting of concrete was set to begin.
The delivery date for Apongbon Bridge was extended to May 2023 because some materials for its repairs were used to start the emergency repair of the Ijora Olopa section.
The government later set another deadline for July 15 which was reviewed downward to July 9.
The 4.1km Eko Bridge links Lagos Island with Mainland. It directly links to Apongbon on the Island side.
Eko Bridge has been undergoing phased rehabilitation, but the contract for its comprehensive maintenance was awarded in February 2022 and is expected to extend to 2026.
General
NCSP Strengthens Strategic Investment Cooperation With China
By Adedapo Adesanya
The Nigeria–China Strategic Partnership (NCSP) recently hosted a high-level delegation from Newryton International Industrial Development Company Limited, a leading Chinese investment and industrial development consortium, to advance discussions on deepening bilateral trade, industrial cooperation, and development financing between both countries.
The Newryton delegation, led by Mr David Chen, Assistant Secretary-General of the China Hainan Investment Council, had earlier engaged with the Nigerian Association of Commerce, Industry, Mines and Agriculture (NACCIMA). They were accompanied to the NCSP by Mr Joe Onyuike, Vice-Chairman of NACCIMA’s Agriculture and Livestock Trade Group, who conveyed NACCIMA’s support for the delegation’s engagements.
Discussions centered on the establishment of a Nigeria–China Trade and Investment Platform, including a proposed Promotion Centre in China to support Nigerian products, investors, and state governments.
The consortium also presented opportunities within Hainan Province’s Free Trade Port (FTP), which offers preferential policies that Nigerian businesses can leverage to expand exports and attract new investments.
In his address on behalf of Newryton, Mr Pong outlined plans to collaborate with NCSP in accessing FOCAC-supported financing for strategic investments in agriculture, energy, mining, solid minerals processing, and related sectors. The delegation identified aquaculture as a key area of interest and referenced the forthcoming Global Aquaculture Conference in Hainan Province, encouraging Nigerian stakeholders to participate.
They also expressed readiness to strengthen cooperation in vocational training and employment under the Belt and Road Initiative (BRI).
Welcoming the delegation on behalf of the Director-General, Martins Olajide, NCSP’s Head of Internal Operations, reaffirmed the organisation’s commitment to fostering mutually beneficial partnerships.
He highlighted NCSP’s strong interest in the proposed Nigeria–China Trade and Investment Platform and the development of the Nigerian Oil Palm Industrial Park as a flagship demonstration project.
Also speaking at the meeting, Ms Judy Melifonwu, NCSP’s Head of International Relations, underscored the opportunities presented by China’s zero-tariff policy and the forthcoming NAQS–GACC protocol on the export of Nigerian aquaculture products. She noted that these frameworks would significantly enhance Nigeria’s competitiveness in emerging global markets.
Both parties expressed commitment to advancing discussions toward a structured cooperation framework covering all priority areas.
General
UKNIAF Marks Six Years Infrastructure Support to Nigeria
By Adedapo Adesanya
The United Kingdom–Nigeria Infrastructure Advisory Facility (UKNIAF), established in 2019 as part of a 16-year legacy of UK-funded infrastructure support to Nigeria, convened over 100 senior stakeholders on Tuesday, December 2, to review its progress and formally close out its current phase of operations.
The event brought together representatives from federal and state governments, development partners, development finance institutions, and the private sector to reflect on UKNIAF’s work across the power, infrastructure finance, and roads sectors. Discussions focused on institutional reforms, capacity development, and the sustainability of tools and processes introduced over the past six years.
Since inception, UKNIAF has delivered targeted technical assistance designed to embed evidence-based reforms, data-driven decision-making, and improved institutional performance. Its interventions have mobilised significant financing, strengthened regulatory and planning systems, and enhanced investor readiness across multiple infrastructure markets.
In the power sector, participants highlighted landmark achievements including the development of Nigeria’s first Integrated Resource Plan, which outlines a least-cost and low-carbon pathway for expanding electricity supply. UKNIAF also supported the Nigerian Electricity Regulatory Commission (NERC) in building advanced real-time data capabilities for tariff monitoring, grid management, and outage tracking. The programme enabled pioneering states to establish their own electricity markets following constitutional reforms.
In infrastructure finance, UKNIAF was recognised for strengthening project preparation systems and enabling access to capital. Notable accomplishments include supporting the mobilisation of $75 million from the African Development Bank to the Special Agro-Industrial Processing Zone (SAPZ) programme in two states, and accelerating mini-grid and solar deployment through improved technical standards at the Rural Electrification Agency (REA).
UKNIAF also designed a national project preparation facility, for which N21 billion was allocated in both the 2024 and 2025 budgets to build a pipeline of bankable projects.
Speaking on this, Mr Frank Edozie, UKNIAF Team Lead, described the programme’s close-out as a “handover for sustained delivery,” emphasising that strengthened institutions now hold tools that make Nigeria’s infrastructure landscape more transparent, climate-smart, and investor-ready.
On his part, the Minister of Power, Mr Adebayo Adelabu, commended the programme, noting that its technical assistance and advisory services had helped lay the foundation for a sustainable and inclusive electricity supply industry.
Mrs Cynthia Rowe, Head of Development Corporation at the UK Foreign, Commonwealth and Development Office (FCDO) in Nigeria, praised the partnership, highlighting achievements ranging from state-level electricity market reforms to unlocking major financing and designing Nigeria’s Climate Change Fund.
Enugu State Secretary to the State Government, Professor Chidiebere Onyia, underscored the lasting influence of the programme, stating that UKNIAF’s impact continues through the expertise and leadership transferred to national and sub-national institutions.
The close-out event reaffirmed stakeholders’ commitment to sustaining tools, reforms, and knowledge products developed under UKNIAF, while strengthening collaboration among public, private, and development actors in the infrastructure ecosystem.
Participants included federal and state agencies such as the Nigeria Governors’ Forum, Federal Ministry of Power, Ministry of Finance, NERC, REA, and the Transmission Company of Nigeria, alongside development partners including the African Development Bank, World Bank, and IFC, as well as private sector and civil society stakeholders.
General
Dangote Refinery Reduces PMS Pump Price to N699 Per Litre
By Aduragbemi Omiyale
The gantry price of Premium Motor Spirit (PMS), otherwise known as petrol, has been slashed by the Dangote Petroleum Refinery.
The Lagos-based oil facility brought down the ex-depot price of the petroleum product by 15.58 per cent or N129 per litre to N828 per litre.
Though the company had yet to release an official statement on this development, real-time market data on Petroleumprice.ng on Friday showed the new price.
Punch reports that data from the platform also showed fresh reductions across several private depots following the refinery’s latest review.
Sigmund Depot cut its ex-depot price by N4 to N824 per litre, Bulk Strategic dropped its price by N3, and TechnoOil slashed its by N15.
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