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Host communities, state kick as foreigners’ hijack mining jobs in Plateau State

fayemi-k

Contrary to the claims by the Minister of Solid Minerals, Dr. kayoed Fayemi that the sector will create millions of jobs for Nigerians, preliminary investigations and observation by Plateau State government show that foreigners are in charge. Only yesterday, the State Commissioner for Solid Mineral Resources, Abdullahi Abbas, decried the neglect of host communities by mining companies in the state, ...

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Revive commodity boards to ease textile raw materials access, manufacturers tell FG

Textile materials

Operators in the nation’s textile sub sector have called on the Federal Government to revive the commodity boards to improve access to raw materials needed by textile manufacturers. They want the Federal Government to establish a cotton corporation in the country in order to boost production of the commodity and revitalise the textile industry. Experts say Commodity Board, at the ...

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Do away with propensity of importing what can be produced locally—Dangote

The President of Dangote Group, Alhaji Aliko Dangote has given fresh antidote to the prevailing recession, saying the best bet is for Nigerians to do away with importing what can be produced locally. He said, only this will halt the massive erosion of foreign exchange which is frustrating the value of naira and pushing up inflation. Speaking as a guest ...

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NB empowers 30 entrepreneurs in S/East with N250,000 each

NBplc

The Nigeria Breweries has added new life to the budding businesses or about 30 entrepreneurs in South East. The scheme coming on the heels of its Life Continental Lager Beer presented the selected startups with cheques of N 250,000 each in an event held at the Sweet Garden, 7, Park Road, GRA, Onitsha in Anambra State. The gesture, according to ...

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Substandard iron rods, sandy concrete caused collapse of Akwa Ibom church building

Just as the Akwa Ibom State Government has declared yesterday and today (Monday) days of morning, preliminary investigations by the State Chapter of the Nigerian Society of Engineers (NSE) has traced two key causes of the Reigners Bible Church collapse Saturday to use of substandard heavy iron rods on concretes mixture that has excess sand. In an exclusive telephone interview ...

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Lagos Rice may finally sell for N21,000 on the streets, market

Though signals have emerged from the Lagos State government that it may sell its special rice at N13,000 per 50kg bag for the Xmas and New Year celebrations, investigations have shown that the said price is only for bulk buyers and not end users. Besides, the rice will only be sold at Local Government headquarters on presentation of Resident ID ...

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Gas pricing differences hobble Dangote Cement in Tanzania

Dangote group

Authorities of Dangote Cement in Tanzania have started discussions on how to run production machinery on gas from the Tanzanian state-run Petroleum Development Corporation as part of moves to cut down on production costs. Though negotiations are held up over prices, the $500 million cement factory in the south-eastern Tanzanian town of Mtwara, set up last year with an annual ...

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NSE partners with musicians to grow industry, create jobs

nse-oscar

Chief Executive Officer of Nigerian Stock Exchange (NSE), Oscar Onyema has expressed the readiness of the Exchange to partner with credible musicians to grow the industry using the capital market as an instrument. In his welcome address during the flag off of the 2016 Music Week Africa Thursday at the Exchange, he said “NSE is most pleased to host the ...

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Dangote tackles illegal haulage on Nigerian highways, arrests 244 suspects

Dangote group

More sanity in terms of the excesses of trailer drivers on Nigerian roads may begin a downward trend following new strategic measures put in place by the authorities of National Patrol Unit (NPU), a division of the Dangote Transport Otherwise, the initiative of the company in sanitizing activities of its drivers engaged in illegal haulage has stepped up results as ...

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How Ghana raked in $16b from mining between 1983 and 2015

ghana flag

New report in Ghana has revealed that investment inflows into the mining sector from 1983 to 2015 have increased the output of all minerals production in Ghana, bringing in about $16 billion. The report said gold production increased by 93 per cent from 2.24 million ounces in 2002 to over 4.3 million ounces in 2014. However, in 2015, there was ...

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