Business

Nigeria Industrial Policy: FG secures $380m investment commitments in 90 days

By Yinka Kolawole The Federal Government has announced significant progress in the implementation of the Nigeria Industrial Policy (NIP) 2025, recording over $380 million in strategic financing commitments within its first 90 days and advancing key initiatives aimed at boosting local manufacturing, exports, skills development and industrial infrastructure. A 90-day progress report released by the Office […]
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FG to re-stream 958MW stranded power

The Federal Government said it plans to recover about 958 Megawatts stranded power in this financial year to increase generation capacity and enhance supply to the people.

Private sector, key to resource development

Chairman, House of Representative Committee on Petroleum Resources (Downstream), Hon. DakukuPeterside, has observed that the private sector holds the key to the effective harnessing and utilisation of the nation’s hydrocarbon resources for overall economic growth.

NDPHCN to sanction erring contractors

The managements of Niger Delta Power Holding Company of Nigeria, NDPHCN, has warned that erring contractors currently executing the National Integrated Power Projects, NIPP, across the country risk possible sanctions.

‘Nigerian Content ’ll boost job creation’

THE Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has express confidence that the implementation of Nigerian Content Act will boost job creation for Nigerians in the oil and gas industry.

Schneider Electric installs 500 transformers in Ogun

Schneider Electric, a global specialist in energy management, has delivered 500 transformers to the government of Ogun State, in fulfillment of the terms of its sales contract signed with the government.

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