NSIA hands over of 2nd Niger Bridge to FG

The Nigeria Sovereign Investment Authority (NSIA) has announced the recent transfer of the Second Niger Bridge to the Federal Government, following its completion. The Bridge, linking South-eastern Nigeria to other regions, was implemented through the Presidential Infrastructure Development Fund (PIDF), with NSIA acting as both Fund and Project Manager. The scope of the Second Niger Bridge project involved the construction of a 1.6km concrete box-girder bridge over the River Niger; construction of two (2) secondary bridges at Amakon Village Road and Atani Road, of 21.7m each; construction of a new…

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Julius Berger hands over Second Niger Bridge to FG

The Federal Government has taken delivery of the second Niger Bridge from the contractor, Julius Berger, seven months after it was inaugurated by the previous administration. Minister of Works, David Umahi, while addressing journalists shortly after he was conducted around the road and the facilities on Sunday by the Managing Director of Julius Berger, Dr Lars Richter, said that he was satisfied with the level of work done. Umahi, while commending the previous and present administration for doing quite a lot to bring the work to fruition, described the job…

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South-East Govs. name Second Niger Bridge after Buhari

The South East Governors’ Forum, led by Ebonyi State Governor, David Umahi, has named the Second Niger Bridge after President Muhammadu Buhari. Special Assistant to the President on Digital Communications, Bashir Ahmad, announced the development in a tweet yesterday. Ahmad tweeted, “The Second Niger Bridge is to officially be called/known as Buhari Second Niger Bridge. The Muhammadu Buhari Bridge is officially commissioned today, by President Muhammadu Buhari. #PMBLegacy”. The Special Assistant to the President on Digital/New Media, Tolu Ogunlesi, also made the confirmation in a tweet. “Following consultations, the Governors…

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Nigeria to toll Lagos-Ibadan expressway, 2nd Niger Bridge, others – CBN Governor

The Federal Government plans to toll the Lagos-Ibadan Expressway, the ongoing 2nd Niger Bridge, and other roads, to repay loans used to build them, according to the Central Bank of Nigeria (CBN), Godwin Emefiele. Emefiele, who stated this at the closing ceremony of the 12th Banker’s Committee retreat in Lagos, on Wednesday, said, “All of the roads will be tolled. And we know that in many other countries in the world, roads are tolled because those projects are commercially viable. “They (loan) can be refunded with tolls so that maintenance…

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