Posted on May 23rd, 2008 by Barney Akwenuke
Nigeria has coughed out $105 million for the impor-tation of 100,000 tons of parboiled rice from Thai exporters. This represents the first major shipment in the Federal Government’s bid to intervene in the crisis surrounding the national staple food, which price had risen by up to 100 percent in the face of the lingering global […]
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Filed under: Agriculture, Connection, Food Processing
Posted on May 23rd, 2008 by Barney Akwenuke
Scrambling for Kerosene in Nigeria is a regular occurrence.
The Federal Government of Nigeria currently needs $1billion to establish three central processing facilities for gas production in the country, the Chief Economic Adviser to the President, Mr. Tanimu Yakubu has disclosed. Speaking with newsmen on Thursday in Abuja, Yakubu said the facilities, to be located […]
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Filed under: Connection, India, Nigeria, Oil and Gas, Power Generation, Project Finance
Posted on May 6th, 2008 by Barney Akwenuke
Minister of State for Foreign Affairs (1), Alhaji Tijjani Kaura , has disclosed that the federal government will require 600 billion dollars foreign investment to make Nigeria one of the top 20 economies in the world by 2020.
He made the disclosure in Abuja when he received a group of investors, known as […]
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Filed under: Mining, Nigeria, Project Finance
Posted on May 6th, 2008 by Barney Akwenuke
Despite quality of service issues which led to the Nigerian Communications Commission NCC directive to two major GSM operators to refund a total of 4.7 billion naira to subscribers on their networks, the nations subscribers base has increased to 60,941,434 as at March 2008.
This is an increase from 59,568,302 recorded in January this year. A […]
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Filed under: Telecommunications