Eastern Ports Rehabilitation: FG awards Escravos Channel dredging, breakwater reconstruction
As part of efforts to revitalize the Eastern ports, the Federal Government, through the Nigerian Ports Authority (NPA), has awarded the contract for the reconstruction of the dilapidated Escravos Channel at Warri Port, Delta State. Confirming the development, Mr. Ikechukwu Oyenmakara, General Manager of Corporate and Strategic Communication at the Nigerian Ports Authority, stated that […]
‘Reckless spending, strategy to loot treasury’
The Chairman, Coalition Against Corruption Leaders, CACOL, Debo Adeniran, has said if Nigerians and Lagosians in particular must enjoy good living standard they must be ready to effect positive change in governance in the state by coming together to speak with one voice as groups, networks and coalitions.
‘PIB won’t promote monopoly in oil sector’
The Major Oil Marketers Association of Nigeria (MOMAN) has declared that the Petroleum Industry Bill (PIB), which has been in the Senate since 2008, was designed to simplify business operations in the downstream sector and not to create monopoly for government in the system.
NAICOM presents Guidelines for Oil and Gas Insurance in Nigeria
National Insurance Commission (NAICOM) yesterday officially presented guidelines for oil and gas insurance in Nigeria.
Ogun State, Bankers’ Committee collaborate on N7bn Capital Projects
Ogun State Government has identified three major capital projects estimated to cost $43.26 million (N6.5 billion) among others requiring financing by banks in the state. Otunba Gbenga Daniel, the state governor disclosed this at an interactive session with the Central Bank of Nigeria and the Bankers’ Committee in Lagos.
NIGERIA: International gemstone centre for Ibadan
A gemstone centre is to be set up in Ibadan, Oyo State as part of the Gemstone Development Programme of the Federal Government. The Ibadan platform is one of the two planned for the country, with the second planned for Jos, Plateau State.
400 farmers benefit from Model Farm Village concept
No fewer than 400 farmers have benefited from Olam’s Model farm village concept across three villages in Bauchi and Jigawa states.
Olam, wins 2010 Oslo Business for Peace Awards for agricultural innovation
The International Chamber of Commerce (ICC) recently listed Nigeria among the seven countries that won its 2010 Oslo Business for Peace Awards.
FG yet to authorize unbanning of textile, others Customs
THE Nigeria Customs Service (NCS) said that it has not been official notified of the unbanning of textile materials and other items recently removed from the import prohibition lists Area Comptroller of the Apapa Area 1 Command Mr. Abdulkabir Azarema told Vanguard that Customs has not received any instruction regarding the lift on the ban of certain goods hitherto banned.
Survival of real sector depends on SMEs -World Bank Chief
The World Bank Country Director, Onno Ruhl, has encouraged commercial banks in the country to grant credit facility to the Small and Medium Enterprises (SMEs) company, asserting that the sector is crucial to the survival of the real sector.
FG reiterates commitment to reducing shipping charges
GOVERNMENT last week reiterated its commitment to reducing the cost of doing businesses in the nation’s seaport and affirmed that it had commenced the process of articulation of policy frameworks that will enable the nation meet its logistics challenges.
