Business

Oyedele at UNGA: ‘Africa needs affordable capital to finance infrastructure’

Oyedele at UNGA: ‘Africa needs affordable capital to finance infrastructure’

The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has called for a major shift in the global approach to financing Africa’s development, urging the international community to make affordable, long-term capital available for infrastructure and energy projects across the continent. Oyedele, who made the call at the United Nations Dialogue […]
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FG to commence disbursement of CVFF

FG to commence disbursement of CVFF

AFTER five years of waiting game, federal government has finally given the management of the Nigerian Maritime Administration and Safety Agency, NIMASA, consent to commence the disbursement of the Cabotage Vessel Financing Fund, CVFF.

FG spends $1bn on gas infrastructure, says Minister

FG spends $1bn on gas infrastructure, says Minister

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.

Our ports must be efficient for economic growth – Finance Minister

Our ports must be efficient for economic growth – Finance Minister

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.