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To ensure the drive by the federal government to boost exports succeeds, the government has been urged to simplify the process through the removal of factor associated with delays, multiplicity of product inspection and the high cost in export process.
Gov. Dave Umahi, who handed over the allocation letter to the Managing Director of the Authority, Prof. Adosoji Adasugba in Abakaliki on Tuesday, expressed the hope that the project would stimulate growth and create employments.
Speaking yesterday in Abuja while declaring open a-five-day interactive session organised by the Senator Olamilekan Adeola, All Progressives Congress, APC, Lagos West led Senate Joint Committee on Finance and National Planning Stakeholders on the details of the 2021 and 2023 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) forwarded last month by President Muhammadu Buhari, the President of the Senate called for Public-Private Partnership, PPP to build critical infrastructure in the country.
Chadian army officers and intelligence officials were sentenced on Friday to up to 10 years in prison for drug trafficking, the state prosecutor and their lawyer told AFP.
In order to reduce the acute housing deficit in the country, some experts in the built environment have suggested that government should massively build and transfer houses either by low-cost scheme or another system.
The House of Representatives has set up an enquiry into allegations that the recently recovered $308 million Abacha loot which the Presidency said will be used to expedite work on three major infrastructures i.e. Lagos – Ibadan Expressway, Abuja – Kano Expressway and the Second Niger bridge may be diverted into private accounts, using Julius Berger, as a conduit.
Nigeria may face another $2.3bn fine in arbitration in France over an alleged breach of contract on Mambilla Hydroelectric project.
Performing the inauguration, Osinbajo said that encouraging Public Private Partnership (PPP) and private capital investment, especially in commercially viable public infrastructure remained a major policy thrust of the President Muhammadu Buhari administration.
The University of Ibadan, Oyo State, on Tuesday held orientation programme for the newly admitted 4000 students out of over 20,000 who sat for its Post-Unified Tertiary Matriculation Examination (UTME).
In a bid to diversify its energy sources and optimise other assets for power production, Nigeria is targeting 30 per cent of its energy needs from renewables by 2030.
The Customer Eligibility Policy of the Federal Government has started yielding result, with five industrial customers presently buying electricity directly from Generation Companies.
The Edo State Government has revoked the N863.7 million Edaiken Modern Market awarded to Prane Business Integrated Ltd. in October 2014 under the Public Private Partnership (PPP).
The Akwa Ibom State Commissioner for Housing & Special Duties, Mr. Akan Okon, has said that work on the Ibom Deep Seaport project has attained 75 percent completion.
The Attorney General and Osun State Commissioner for Justice, Dr. Basiru Ajibola, yesterday disclosed that only N3.5 billion has been spent so far by the state government on the MKO Abiola International Airport designed to instigate the economic revolution of the state.
Marseille manager Andre Villas-Boas has called on FIFA to retire the number 10 shirt from the game to honour Argentine great Diego Maradona, who died aged 60 on Wednesday after suffering a heart attack.
Nigeria recorded 198 new COVID-19 cases on Wednesday, bringing the total number of infections in the country to 66,805, according to an update by the Nigeria Centre for Disease Control (NCDC).
The Federal Executive Council (FEC) yesterday approved N40 billion for the construction of road and ecological projects in different parts of the country.
The FGOEs affected included the Nigerian National Petroleum Corporation (NNPC), the Nigeria Communication Commission (NCC), Nigeria Ports Authority, Federal Inland Revenue Service, Nigeria Customs Service, Nigeria Maritime Administration Agency, Department of Petroleum Resources, Corporate Affairs Commission, the Federal Airport Authority of Nigeria, and Nigeria Shippers’ Council.
The Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha, yesterday told the House Committee on Ecological Fund that the presidency believes the proposed law would either clash with or duplicate the existing ones.
Nigeria will resist the temptation to sack under-fire coach Gernot Rohr despite a worrying winless run, national team chiefs insisted Friday.
Great news for Real Madrid at the last minute. Both Eden Hazard and Éder Militao have tested negative in the latest COVID-19 test and could face Villarreal and Inter Milan.
In a statement released on Monday signed by its Director, Publicity and Advocacy Dr Kakeem Baba-Ahmed, the forum lamented the five-year completion time-frame as a sign that the administration does not care about the security and livelihood of the people of the North.
The National Assembly (NASS) is to introduce electronic-hansard in parliamentary procedures in the first quarter of 2021. Mr Ojo Amos, Clerk to the NASS, made this known on Friday at the opening of a two-day retreat for top management staff of the National Assembly and National Assembly Service Commission (NASC).
Global credit rating agency, Moody’s Investors Service, has stated that the infrastructure in Nigeria is behind other emerging market peers, with about $3tn needed over 30 years to close the gap.