Thursday 22nd June 2017,
Hope for Nigeria

Browsing the "Key sectors" Category

Buhari Railroad Promise

Buhari Deliberately Killed Lagos – Calabar Rail Project. He Did Same With Lagos Metro. – Chidi Cali, UK.

President Muhammadu Buhari omitting the Coastal Rail line project from Lagos to Calabar in the 2016 budget was NEVER an omission, but a deliberate act to punish the region that he hates to a fault. Buhari did the same in [...]

April 11, 2016 Finance, Key sectors
Minister_of_Mine_Muhammad_Sada

Mineral Sector to Create 3 Million Jobs by 2015 – Economic Confidential

Born on February 25, 1957 in Katsina State, Architect Musa Mohammed Sada is Nigeria’s Minister of Mines & Steel Development, an appointment he got from President Goodluck Jonathan on April 6, 2010. After graduating from Ahmadu Bello University (ABU), Zaria [...]

August 10, 2015 General, Key sectors
Ngozi-Okonjo-Iweala

Nigeria Earns N22.2 Trillion from Oil Sector in Three Years

An independent audit report of financial flows into the Federation Account from operations in the oil and gas sector has revealed that a total of N22.165 trillion ($143.5 billion) was earned as revenue from the sector from 2009 to 2011. [...]

February 25, 2015 Key sectors
Ngozi Okonjo-Iweala

Nigeria Oil Savings More Than Double – Reuters

Cost-cutting has helped restore Nigeria's Excess Crude Account (ECA) to some $9 billion in oil savings, or more than double what it was a year ago, Finance Minister Ngozi Okonjo-Iweala said on Monday. Okonjo-Iweala was addressing delegates in Abuja at [...]

February 3, 2015 Key sectors

Portugal to improve trade ties with Nigeria

Portugal has shown its willingness to improve the trade ties along with Nigeria, while several Portuguese organizations have concluded intentions to leverage possibilities throughout the country as well as invest in the major sectors of the overall economy. The representatives [...]

July 7, 2014 Economy, Key sectors
Chairman-Joint-Committee-of-the-Senate-on-the-Pensions-Probe-Senator-Aloysius-Etok1-360x225

Senate passes Pension Reform bill

The Senate on Tuesday passed the Pension Reform  Bill  2014 which,  if formally okayed also by the House of Representatives and assented to by President Goodluck Jonathan, would  accommodate employees of private firms in the Contributory Pension Scheme. The passage [...]

April 9, 2014 Key sectors
Govt disburses N11b for automotive policy’s take-off

Govt disburses N11b for automotive policy’s take-off

THE Federal Government has disbursed over N11 billion to 33 companies in vehicle production business, to kick-off the automotive policy. The development was disclosed by the Director-General of the National Automotive Council, Aminu Jalal in Abuja, Tuesday. He said only [...]

April 9, 2014 Key sectors
South Africa concludes plan to invest in Nigeria’s mining, forestry

South Africa concludes plan to invest in Nigeria’s mining, forestry

The Industrial Development Corporation (IDC) of South Africa on Monday in Abuja, said it was prepared to invest in the Nigeria’s Mining and Forestry sectors. Mr Ashely Petersen, the company’s Senior Business Development Manager, Africa Unit, said this during a [...]

March 25, 2014 Key sectors
FG Signs $5m Gold Exploration Contract with Australian Company

FG Signs $5m Gold Exploration Contract with Australian Company

FG Signs $5m Gold Exploration Contract with Australian Company – Patrick Ugeh and Kasim Sumaina in AbujaNigeria is set to join the global map of gold producers as the Federal Government, weekend, signed a $5 million contract agreement with Northern [...]

March 13, 2014 Key sectors

NGO, US company partner to build 11,700 ‘green’ houses

A non-governmental organisation, the Environmental Ethics and Safety Corps (ESCORP), said it was partnering with a US-based company, Millenniumblok, to build 11,700 housing units of ‘green houses’ across the country. Mr Emenike Eme, ESCORP’s Coordinator-General, made this known in Abuja, [...]

February 28, 2014 Economy, Key sectors
FIRS introduces new tax regime

FIRS introduces new tax regime

The Federal Inland Revenue Service has introduced a new tax regime for multinationals and enterprises operating in the country. The Acting Executive Chairman, FIRS, Mr. Kabir Mashi, gave the indication on Monday, adding that the development involved an exposure to [...]

February 19, 2014 Key sectors
Olusegun-Aganga

FG moves to revitalise iron, steel sub-sector

The Federal Government says it has concluded plans to develop and implement a comprehensive Backward Integration Policy for the iron and steel sub-sector of the Nigerian economy. The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, who said this [...]

January 31, 2014 Key sectors
Jonathan

FG seeks new funding sources for Ajaokuta Steel

The Federal Government is seeking new sources of funding for the completion of strategic components of the Ajaokuta Steel Rolling Complex, the Minister of Mines and Steel Development, Mr. Musa Sada, has said. Sada said this when a team from [...]

January 10, 2014 Key sectors
Gloria Elemo FIIRO

The Question of Budgetary allocation to science – FIIRO DG

The Director General, Federal Institute of Industrial  Research (FIIRO), Dr. Gloria Elemo, said that availability of  funds has limited the scope of the institute’s research and ability to deliver effectively. While noting that the nation needs the institute to achieve [...]

December 20, 2013 Key sectors
Iyabo’s 11-page letter to her father,Gen. Obasanjo

NEXIM Bank to increase operational funds of mining sector to 10%

Managing Director, Nigeria Export-Import (NEXIM) Bank, Mr Robert Orya, said the operational funds to the mining sector would be increased to 10 per cent to develop the sector. Orya, who spoke to the News Agency of Nigeria (NAN) in Abuja, [...]

December 19, 2013 Key sectors
Lekki Project

FG Approves N210bn For Construction of Lekki Deep Sea Port in Lagos.

The President Goodluck Jonathan's government, on Wednesday, approved the Lekki deep sea port estimated at over N200B or 1.354b US Dollars. The Lekki deep sea port, which would be the first ever in Nigeria has been on the drawing board [...]

December 5, 2013 Key sectors
Africa-Brief-Pharmaceutical-firms-Malawian-donor-aid-fuel-pipeline-and-more-600x200

HOW TO GET INVOLVED WITH THE MINING INDUSTRY IN NIGERIA Part II

For Part I Click Here BETTING ON NIGERIA   The Giant Heart of Africa For long.West Africa has been a destination of choice for mining executives the world over, with countries like Burkina Faso,Ghana,Ivory Coast and Niger being actively explored [...]

November 18, 2013 Key sectors
HOW TO GET INVOLVED WITH THE MINING INDUSTRY IN NIGERIAPart I

HOW TO GET INVOLVED WITH THE MINING INDUSTRY IN NIGERIA Part I

The Nigerian Opportunity: Going for Gold, But the future holds a lot more. Nigeria today is in a wave of market reforms in many segments of its Economy including the privatization of government-owned companies and mining assets. After years of [...]

November 18, 2013 Key sectors
How to Drastically Reduce Unemployment

How to Drastically Reduce Unemployment – SULEIMAN HARUNA

Unemployment – One of the most critical questions facing any government today is how it could reduce the spate of unemployment among its citizens. No country, whether big or small can deny this problem. Instead of employment however, what is becoming [...]

March 29, 2013 Key sectors
A-Nigerian-train

Lagos – Kano Train Route Starts Dec 20

The Nigerian Railway Corporation (NRC) announced yesterday that rehabilitation of the rail tracks from Lagos to Kano ha s been completed adding that the mass transit train service would commence operations on December 20, 2012.“This formal launch would be announced [...]

January 12, 2013 Key sectors
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