Nigeria buys 100,000 tons of Thai rice for $105 million

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

Nigeria Needs $1Billion to Reform Gas Sector

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

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