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Aliko Dangote, the President of Dangote Group, who was ranked Africa’s richest man in the 2019 Forbes Africa’s billionaires list, has remained consistently ahead of the pack for the eighth consecutive year, with a current net worth of $10.3 billion.
The federal government has disclosed that its initial plans to convert six out of 23 Industrial Development Centres (IDCs) in the country to industrial clusters (ICs) would cost over N67billion.
The construction of the 650,000 barrels of crude oil per day Dangote Refinery is expected to help Nigeria save over $7.5 billion through import substitution.
As part of its strategic aspirations to derive maximum value from Nigeria’s abundant natural gas resources, the Federal Government is targeting 10 per cent of the world’s market share in traded Liquefied Natural Gas (LNG).
Nigeria’s Vice President, Professor Yemi Osinbajo, on Wednesday said at least $2billion would be required to revive the Lagos-Kano Rail Line as part of efforts to boost local and international trade along the Northern and Southern zones.
Investment of the Dangote Group in the Lekki Free Zone, Lagos will earn Nigeria $8 trillion annually, President, Dangote Group, Alhaji Aliko Dangote disclosed on Wednesday.
Ahead of the forthcoming general election, the Nigeria Immigration Service (NIS) has threatened to prosecute and deport foreigners who might disguise as tourists to monitor the elections without being accredited.
The Anambra State chairman of Peoples Democratic Party, PDP, Presidential Campaign Council, Mr Oseloka Obaze, yesterday reminded the South-East governors that they stood the risk of losing their re-election if President Muhammadu Buhari wins on February 16.
The Coalition of Buhari/Osinbajo Movement (COBOM) says President Muhammadu Buhari deserves re-election because his administration is doing more with less resources.
Kayode Opeifa, Secretary, Transportation Secretariat of the Federal Capital Territory Administration (FCTA) on Thursday said work has commenced at the four locations earmarked for new pedestrian bridges in the Federal Capital Territory (FCT).
An eyewitness who fled from the crisis along with several others told newsmen that several houses were burnt.
As angry protests pile pressure on Sudanese President Omar al-Bashir to step down, key powers are standing by his regime to ensure stability in a strife-torn region, analysts say.
Suspected armed robbers have shot dead a policeman in Port Harcourt, Rivers State, while others sustained bullet wounds. The incident occurred around Garrison axis in the state capital.
The South-South Governor’s Forum has scheduled an emergency meeting of the Forum for Sunday.
Fifteen new Special Advisers were on Monday in Port Harcourt sworn into the Rivers Executive Council by Gov. Nyesom Wike.
The Senate has confirmed the appointment of Monday Udo Tom as Resident Electoral Commissioner of the Independent National Electoral Commission (INEC).