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Aluminium Smelter Company of Nigeria
The Federal Government has given official recognition to Messrs UC Rusal, a Russian Company, as the core investor of the Aluminium Smelter Company of Nigeria (ALSCON), Ikot Abasi, Akwa Ibom State, following the signing of the Renewed Share Purchase Agreement between Government and the Russian company in Abuja, on Friday.
The organisation urged Mr. Buhari to “reform the Bureau of Public Enterprise (BPE) to remove opportunities for corruption in privatisation process, and to instruct the EFCC and ICPC to ensure the recovery of proceeds of corruption.
The High Court of the Federal Capital Territory, Maitama says enforcing the Supreme Court order of July 6, 2012 remains the most viable option to resolve the lingering crisis over the sale of the Aluminium Smelter Company of Nigeria, ALSCON, Ikot Abasi.
Nigeria’s National Council on Privatisation (NCP) has approved the commencement of the privatisation of Afam Power plants 1 to 5 in Rivers state.
The National Council on Privatisation, which is chaired by Vice President Yemi Osinbajo, has approved the immediate revocation of the concession of the Lagos International Trade Fair Complex.
The Bayelsa State Governor Seriake Dickson Monday met with his Kaduna State counterpart, Mallam Nasir el-Rufai at the Government House, Kaduna.
Governor Nyesom Wike of Rivers State and Most Rev. Matthew Hassan Kukah, the Bishop, Catholic Diocese of Sokoto, on Monday disagreed on the best way to entrench and consolidate democracy in Nigeria.
Shah Mathias, the Founder of Ameri Metro Inc, based in the United States, said on Monday that the company was ready to invest over $10 billion in the coastal rail project from Lagos to Calabar and Calabar to Port Harcourt.
The Defence Headquarters says 35 militia herdsmen have been neutralized, while one soldiers paid the supreme price and another one missing in the “Operation Whirl Stroke’’ in Benue, Nasarawa, Taraba and Zamfara states.
The Convener of the Red Card Movement and onetime Education Minister, Mrs Obiageli Ezekwesili, says Nigerians deserve the right to enjoy quality leadership and good governance.
UN deputy spokesperson Farhan Haq told reporters on Friday that a release ceremony was the third this year, bringing the total number of children released so far this year to 806.
The National Chairman of JOHESU, Mr Biobebelemoye Josiah, has alerted the public on purported efforts by Nigerian doctors to frustrate ongoing talks to end the four-week-old strike embarked upon by the union.
The Economic and Financial Crimes Commission (EFCC) on Thursday re-arraigned Col. Sambo Dasuki (rtd.), and four others in a Federal Capital Territory (FCT) High Court, Maitama, on a 25-count amended charge.
Two lava flows "reached the ocean along the southeast Puna coast overnight," on Hawaii's Big Island, the US Geological Survey, which monitors volcanoes and earthquakes worldwide, said in a statement Sunday.
Vladimir Putin has opened a bridge that will serve as Russia’s only road link to Crimea, demonstrating Moscow’s control over the annexed peninsula and easing its residents’ isolation.