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Nigerian Government approves N206bn contract for Second Niger bridge

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Minister of power, Mr Babatunde Fashola has praised the federal government for awarding N206 billion contract to Julius Berger Construction Company for the main work on the second Niger Bridge when speaking to the newsmen in Abuja.



Mr Fashola told the reporters, the Lagos-Ibadan expressway and Abuja-Kaduna-Zaria-Kano road alongside with Second Niger Bridge project would be funded under presidential Infrastructure Development Fund (PIDF), Which calls for no stop of work on account of lack of funding.

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According to him, the present administration is determine to complete the project. hopefully the bridge will be completed in 36 months.

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He said that the early works were preliminary projects to be completed before the main work, adding that all the early works were done in the river and not visible from the existing bridge.

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the award of the main work, there would be a lot of piling works in the water and that is what people would see.

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Inflation rate falls to 1.7%

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 The office for National statistics says the consumer price index is 1.7%-down from 2.1% – in August

Head of inflation at ONS Mike Hardie said: “The inflation rate has fallen noticeably into August, to its lowest since late 2016. This was mainly driven by a decrease in computer game prices, plus clothing prices rising by less than year after the end of the summer sales.

“Annual growth in house prices slowed to its lowest rate since September 2012, with four of the nine English regions now seeing prices falling over the year”.

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Nigeria Football Federation boss Amaju Pinnick under fresh corruption probe

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Several properties belonging to top officials of the Nigeria Football Federation (NFF), including its president Amaju Pinnick, have been seized in a fresh corruption probe.

The latest investigation and seizures are being carried out by the country’s Independent Corrupt Practices and Other Related Offences Commission’s (ICPC).

The ICPC has published a newspaper advertisement about the properties seized – half of which belong to Pinnick.

According to the statement published in the Nigerian papers one of Pinnick’s properties is in London.

It comes amidst wide-ranging claims over how money meant for football development allegedly disappeared.

“We can’t go into further details beyond the fact that many officials of the NFF are under investigation,” ICPC spokesperson, Rasheedat Okoduwa said.

“It’s basically because what they have is in excess of what they have earned.”

The ICPC has also taken control of properties belonging to the NFF second vice-president Shehu Dikko and the general secretary Muhamed Sanusi among others.

Source: BBC

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