NIMASA’s floating dockyard good for Nigeria – Senator Yerima
The Chairman of the Senate Committee on Marine Transport, Senator Ahmed Sani Yerima has said that the floating dockyard being built by the Nigeria Maritime Administration and safety Agency (NIMASA) will open new windows of opportunity in the maritime industry…
Stable forex policy will attract investment in downstream petroleum sector—udoji
An expert in downstream petroleum sector, Dr. Emmanuel Udoji has said that the best bet in increasing local and foreign investment in Nigeria’s downstream oil and gas sector is for the government to prioritise stable foreign exchange policy. He made…
Fashola hits GEJ, says oil prices, not policies, drove economy under him
Considering the growing comments by arch supporters of former administration that ‘thing were better under Jonathan than now’, the Minister of Power, Works and Housing, Mr. Babatunde Fashola, has reacted, saying the government of Goodluck Jonathan cannot say it is…
Give peace a chance, Kachikwu tells N/Delta militants
The observed surge in pipeline bombing in the oil rich region of Niger Delta, at a time credible dialogue is ongoing with the federal government has became a source of worry for the Minister of State for Petroleum Resources, Ibe…
Forex crisis, inflation force up cement prices
Before recession, relative cement prices across the nation were around N1,400 and N1,800. But since the forex crisis joined forces with recession, all local manufacturers have jerked up their prices citing cost of doing business as key factor. Otherwise, the…
SMEs, economic growth in focus at Made in Nigeria Conference
After rigorous planning process, organisers of the Made In Nigeria Conference and Exhibition have officially announced the third edition of the annual event. It will hold in Lagos at the Landmark Centre, before the end of the month. Coming with…
FG saves N48bn from TSA, but frustrations trail policy 1 year on
If there is any policy of the federal government that is double-edged sword, it is Treasury Single Account (TSAs) in the last one year. Even though the Federal Government has claimed a monthly savings of about N4bn from spending like…
2013: Jonathan spent N19bn on infrastructure, N51bn on tea, coffee, biscuits–Adeosun
More details of how the last administration frustrated infrastructure development in the country have continued to emerge. Only weekend, the Minister of Finance, Mrs. Kemi Adeosun made a shocking revelation in Lagos, saying “In the past few years, 90 per…
CPF’ll deepen banking confidence, financial inclusion—CBN
The Central Bank of Nigeria (CBN) has assured that the planned Consumer Protection Framework (CPF) for banks and other financial institutions will drive the unbanked to the banking and boost the confidence of existing customers. Currently, over 55 per cent…
