Tag: NSIA

Betta Edu’s illegal N585m palliative paymentunder investigation Presidency

Aminu Imam

Hassan Farouk The Presidency has said that it is investigating the transfer of N585.189 million grant meant for vulnerable groups in Akwa-Ibom, Cross-River, Ogun and Lagos States into a private account. Recall that there have been stringent calls, across the social media, for the sacking of Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, for directing the payment. Many are asking the President not to condone impunity and demanding that Edu be removed as minister and made to face interrogation by anti-corruption agencies. However, the Special Adviser to…

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NSIA hands over of 2nd Niger Bridge to FG

Aminu Imam

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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