Why Minister wants CBN to buy up gold off from local producers’
Challenges experienced by indigenous gold miners in securing genuine international markets for their products are now compelling the Minister of Mines and Steel Development, Olamilekan Adegbite, to approach Central Bank of Nigeria (CBN) in buying up the gold off the…
FG to seal MoU with Russian firm on completion of Ajaokuta Steel Mill–Minister
The Minister of Mines and Steel Development, Olamilekan Adegbite, has disclosed that a Memorandum of Understanding (MoU) between Russia and Nigeria on the resuscitation of abandoned Ajaokuta Steel Mill before the end of the month. The main target of the…
Good news as FG, Russian firm to seal completion deal on Ajaokuta Steel January
Development reasons may have prevailed over political considerations as the Federal Government has shifted ground from its former stand on concessioning the moribund Ajaokuta Steel complex. Follow up to fruitful discussions at the recent Afro-Russia Summit in Moscow, all is…
Ogun begins distribution of 5MW from its 15MW power plant
It was excitement on Thursday as the Ogun State Government commenced the distribution of 5MW after the official switch on of the 15 Megawatts power plant constructed by the government and Lisabi Power, an Independent Power Provider (IPP) through Public…
Julius Berger, CCECC, RCC may not secure road contracts in Ogun State again
Indications have emerged in Ogun State showing that more preference will be given to indigenous contractors over foreign to grow local content and create jobs. The State Commissioner for Works and Infrastructure, Mr. Olamilekan Adegbite, in a statement revealed that…
