The Federal Government says it has spent about one billion dollars in the last one year on the development of gas infrastructure meant to fast-track the economic development of the country. Mrs Diezani Allison-Madueke, the Minister of Petroleum Resources, said this in Abuja on Tuesday at the 2012 Ministerial Platform organised by the Ministry of Information.

FINANCE Minister and Economic Coordinator of the economy,Dr. (Mrs) Ngozi Okonjo Iweala, has said that the Federal Government has decided to provide facilities and infrastructure at the nation’s sea ports with a view to maximizing the economic gains from port operations.

The Financial Reporting Council of Nigeria (FRC) said it has bridged the gaps in statutory filings and financial provisions.

THE Seme Border Command of the Nigeria Customs Service (NCS) says it has collected a total of N 281,93 million as revenue for the month of April, 2012.

NO fewer than 9,186 aged persons are to benefit from another batch of the social security scheme initiated by Ekiti State Government.

The Central Bank of Nigeria, CBN, Monetary Policy Committee, yesterday, raised alarm over the deteriorating national economic growth, stating that “the growth and development of the Nigerian economy will continue to be at risk so long as progress is not made in structural reforms.”

The Nigerian-Brazilian Chamber of Commerce and Industry (NBCCI) said that plans have been initiated to revive bilateral relationship that had existed between Nigeria and Brazil as far back as 1991 so as to forge close ties with people and government of the country.

A Nigerian based firm,Eat n Go is to invest N775 million (about $5 million) in a franchise agreement to bring in Domino’s Pizza, a popular United States (US) based eatery outfit to the country, as it plans to established about 500 stores in the next three years.

Minister of Aviation Ms.Stella Oduah, in Abuja said that the Federal Government was modernising existing airports in the country to meet global aviation standard. Oduah said this at the on-going Ministerial Platform in commemoration of the 2012 Democracy Day and the first anniversary of President Goodluck Jonathan’s administration.

Risk and Insurance Managers Society of Nigeria (RIMSON), in association with Conrad Clark (CCN Ltd) is set to organise a 2-day Advanced Risk Management course for Directors, Executives, Senior Managers and key decision makers of companies in the country.

Osun State government has concluded its bilateral talks with the German state of Saxony Anhalt as the state expects to benefit from its agricultural programmes with the use of biogas for electricity generation in all parts of the state.

The Nigerian Insurance Industry Database, NIID, is yet to take off because many Nigerians are yet to be captured into it, the Nigerian Insurers Association, NIA, has said.