FG slashes Lagos-Ibadan Expressway budget to N50bn

The Federal Government has cut its budget for the Lagos-Ibadan Expressway from N66bn to N50bn in the 2016 Appropriation Bill, representing a drop of 24 per cent. Currently undergoing reconstruction, the two contractors handling the project, Julius Berger Plc and Reynolds Construction Company (Nigeria) Limited, are being owed several billions of naira for the job […]

FG slashes Lagos-Ibadan Expressway budget to N50bn

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