East-West road: 2014 completion date stands – FG

East-West road: 2014 completion date stands – FG

Notwithstanding the recent flood which submerged the Ugheli-Patani section of the project, the Federal Government has re-assured that the N350 billion dualisation of the East-West highway project will be completed by December 2014, as it said the funding hitches suffered by the project were over.
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Nigeria loses  $7b to oil bunkering yearly  – IEA

Nigeria loses  $7b to oil bunkering yearly  – IEA

Flooding and large-scale theft of crude drove Nigerian oil output to the lowest level for more than two years in October, the IEA said on Tuesday, highlighting challenges facing Africa’s biggest producer.