Beware of all Chinese infrastructure financing deals’, Expert warns FG
Leading development economist, Dr. Ken Igboanugo has warned the federal government especially the ministries of Transportation and Petroleum to be very careful before signing any infrastructure financing deals with banks from China to avoid tiny terms and conditions that will…
C’River orders two aircrafts, oil tanker vessel, fishing trawler to boost investment
…Approved partners to present bids tomorrow, Tuesday To drive his latest investment dream of floating State air and shipping lines, the Cross River State Governor, Professor Ben Ayade, may have placed orders for two aircrafts, fishing trawler and oil tanker…
Registration for USPF Changemaker Challenge ends today
For Nigerians interested in this year’s Universal Service Provision Fund (USPF) Innovation Changemaker Challenge, which opened on the 4th of July, 2017, the last chance for registration is today, Monday, the 14th August, 2Universal Service Provision Fund (USPF)017. Otherwise, telecoms…
LASIMRA begins clampdown on illegal, non-compliant rooftop masts
Possibly drawing lessons from the recent building collapse in Lagos Island traced to additional weight from new roof-top telecom mast, Mr. Babajide Odekunle, General Manager of the Lagos State Infrastructure Maintenance and Regulatory Agency (LASIMRA), has inaugurated a zero-tolerance Task…
Lafarge set to add 30MW to national electricity grid next year
Logistics and delivery specifications are set for Lafarge Africa Plc’s 30 mega watts of electricity to be channeled into the national grid by 2018. The Manager of Ewekoro plant, Mr. Segun Soyoye,recently noted that Lafarge currently produces 90 mega watts…
Ambode says LAWMA still part of waste control framework, floats N50bn bond
Contrary to trending speculation that the Lagos State Government may have eased out the role of Lagos State Waste Management Authority (LAWMA) in the new Clean Lagos Initiative, government weekend, said the agency is still in charge. While explaining the…
Anambra Cargo Airport to be ready in 2019—-Gov. Obiano affirms
The Governor of Anambra State, Chief Willie Obiano, currently running for second term of office, has revealed that “With the speed of works at the Umuleri International Cargo Airport (UICA), and the combined commitment of my government and core investors,…
Why Osinbajo renewed Hassan Bello’s appointment as ES at Shippers’ Council
More details have emerged on why Acting President Yemi Osinbajo did not replace, rather approved reappointment of Barr Hassan Bello as the Executive Secretary/CEO of Nigerian Shippers’ Council (NSC) for second four-year tenure. Stakeholders in the maritime sector who spoke…
Iheanacho explains why he sited refinery in Lagos than somewhere in Imo State
Core investor in the emerging Eko Petrochem & Refining, the special purpose company handling the Greenfield refinery project for Integrated Oil & Gas Group, Capt. Emmanuel Iheanacho, has provided fresh insight on why the scheme is running in Lagos and…
Inability to transmit ready 6,000MW translates to daily loss of N2.568bn—NESI
More facts on why the nation’s power privatization spree by previous administration must be reviewed are still emerging. Weekend, the Nigerian Electricity Supply Industry Statistics (NESI) analysis revealed that the nation’s inability to utilise 6,000MW represents a daily loss of…
