To overcome the challenge building professionals usually face while installing autoclave sidings, Messrs Nigerite Plc last week organised a training session for builders on techniques involved in proper installation of autoclave sidings in homes.

For a while now, the Department of Petroleum Resources, DPR, Nigeria’s oil and gas industry regulator has been criticized for lapses in monitoring and supervising the sector, which is the stronghold ofs the economy.

The MTN Foundation in partnership with the Habitat for Humanity, an NGO, has built 100 units of two bedroom flats worth over N117 million in Abuja. The project is part of the company’s corporate responsibility program.

Shell Petroleum Development Company Limited has announced the immediate reopening of its Utorogu Gas Plant two days after if it was shut down following a leak on the Utorogu – UPS trunkline.

The Suzuki Sx4 sedan may look simple in design but the unique attributes of the Sx4 stands it out in its class. For instance, the Sx4 is one of the few car models that is produced only in Japan. This means that Suzuki applies the strict Japanese standard in producing the Suzuki Sx4. As a result, the Suzuki Sx4 has a very long life span when compared to its competitors.

Chairman, Board of Directors, Odu’a Investment Company Limited, Barrister Sharafadeen Abiodun Alli has urged management and staff of associate and subsidiary companies to build a united and progressive team that will add value to the conglomerate.

The management of Diamond Bank Plc has advised individual and corporate organizations to adopt the idea of setting aside part of their disposable income so as to enable them meet their needs and build investible funds.

The Lagos State Government last week, said it has approved the construction of at least 100 roads along with drainage channels in the 20 Local Government Areas of the state. The projects which are billed to take off before the end of this year, are aimed at combating various environmental challenges in the state.

Access to agricultural inputs, market linkages, technical support services as well as access to financial services through value-chain financing are the factors that could lead to revival and growth of Nigeria’s ailing agriculture sector, says Jacques Taylor of Stanbic IBTC Bank.

In line with the federal government economic transformation programme through promotion of maximum utilisation of abundant mineral resources in the country, mining operators under the aegis of Progressive Miners Empowerment Association has said that the mining sector would require capital injection of N200 billion to tap the potentials in the sector.

The housing sector in Bayelsa State has received a fresh boost last week when an Oman based solution firm, Good Earth Power Ltd in partnership with Trans Atlantic Mortgage Ltd and First Bank of Nigeria, unveiled plans to build an 800- housing unit estate in Yenagoa. The project is expected to gulp N40 billion on completion.

The Federal Ministry of Water Resources and the Ministry of Power have signed a Memorandum of Understanding, MoU, for the use of some of the country’s dams for power generation, the Minister of Water Resources, Mrs. Sarah Reng Ochekpe, has said.

The Federal Government has set a new target of 5000 Megawatts, MW, for national electric power generation by December 2011, while lamenting that power plants in the country have not experienced any form of overhauling in the last 40 years.

Manufacturers in the country are making move to ask the Central Bank of Nigeria, and Asset Management Company of Nigeria (AMCON) for fresh funds for retooling and for working capital.

A slight improvement was recorded in trading in the Over-the-Counter, OTC, market for Federal Government of Nigeria bonds last week, as the volume of shares traded appreciated by 10.67 per cent.