The Nigerian Insurers Association, NIA has commended the National Insurance Commission, NAICOM, supervision pact with Ghana’s insurance industry, even as it stated that other countries will soon to follow.

Former Minister of Power Prof. Barth Nnaji, has dismissed fears that investors and development partners may be reluctant to push through their agreement with Nigeria in the power sector reform.

If the Federal Government is serious about using some part of the pension fund to revamp the power sector, there is need for a tripartite partnership involving the National Pension Commission, PenCom, Pension Fund Operators, PenOp, and the federal government.

The Shell Petroleum Development Company (SPDC)’s Local Content initiative has recorded another major success. The first set of carbon steel pipes manufactured in Nigeria for SPDC’s Trans Niger Pipeline is now ready for use. “This is a perfect example of promoting the use of locally manufactured goods and Nigerian service companies in production operations, projects and well engineering,” said Igo Weli, General Manager, Nigerian Content Development, SPDC. “And it supports the Federal Government’s drive to increase Nigerian participation in the oil and gas industry.”

ABUJA – For coming to indicate interest to partner with Nigerian government in not only exploring, but, develop and manage its mines wastes two weeks after the crises that hit its mining sector has raised questions in the minds of some people.