Browsing Tag
Julius Berger
4 posts
Julius Berger’s Pre-Tax Profit Surges 32% in 2024 as Revenue Hits N566b
Lagos, Nigeria – Julius Berger Nigeria Plc has reported a 32.38% increase in pre-tax profit for the full year 2024, reaching N29.5 billion, compared to N22.2 billion in the previous year. Despite the overall annual growth, the company faced … Continue Reading
FCT Approves N33.24Billion For Infrastructure Development
The Federal Capital Territory (FCT) Executive Committee has approved a landmark budget of ₦33.24 billion to fund critical infrastructure projects designed to elevate the standard of living in Abuja.
In a decision reached at its ninth session, chaired by FCT … Continue Reading
FG Mobilizes Berger with N820b to Fast-Track Bodo-Bonny Road and Other Projects
Originally awarded in 2015 at a cost of N120 billion, the Bonny-Bodo road contract was revised to N199 billion with a completion target of December 2023, but the deadline has since passed.
Abuja, Nigeria – The Federal Government has mandated … Continue Reading
Federal Government Issues Ultimatum to Julius Berger to Complete Bonny-Bodo Road
The Federal Government has issued a seven-day ultimatum to Julius Berger Nigeria, the contractor handling the construction of the 35.7km Bonny-Bodo Road and Bridge projects in Rivers State.
This ultimatum comes as a response to the firm’s failure to … Continue Reading