Lagos-Ibadan Expressway Gridlock Worsens Amid Julius Berger Suspension Of  Road Work

  LAGOS DECEMBER 8TH (NEWSRANGERS)-The gridlock at the Longbridge, Ogun State end of the Lagos-Ibadan Expressway caused by the reconstruction of the road, has worsened despite the company handling the project, Julius Berger Nigeria Limited, suspending operations. The Director, South-West Federal Ministry of Works, Adedamola Kuti, had said the company suspended work to enable a…

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Construction Giant, Julius Berger Diversifies Into Agric As Profit Tumbles By 85%

LAGOS JANUARY 30TH (NEWSRANGERS)-Construction giant Julius Berger Nigeria Plc said its after-tax profit for full-year 2020 fell to N1.357 billion, an 84.5 per cent fall from the figure posted in the same period of 1999, as the pandemic outbreak upset operations and shrank earnings, setting in motion its weakest profit in four years. Revenue was…

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Lagos Lawyer Sues FG, 5 Others For Spending N257bn On Abuja Drainage

LAGOS JUNE 6TH (NEWSRANGERS)-Lagos lawyer and rights activists, Chief Malcolm Omirhobo has filed a suit against the Federal Government and five others before a Federal High Court, Abuja for spending N257bn for the construction of drainage system constructed at the middle of Abuja Airport/Kubwa expressway. The other five defendants are the Attorney General of Federation,…

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