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Fuel Distribution: NNPC Moves To Secure Downstream Assets

As part of efforts to consolidate on the successes recorded in the steady supply and distribution of petroleum products across the country, the Nigerian National Petroleum Corporation (NNPC) has mapped out strategies to boost security around its depots and...

Dangote Group Receives Drawings/Design To Rehabilitate Apapa-Wharf Road

Ahead of the Apapa wharf major road rehabilitation to be undertaken by AG Dangote Construction Company Ltd, the drawings and design of the road has now been handed over to the Honourary Adviser to Group President/CEO Dangote Industries Limited(DIL)...

FG Approves 2018 Draft Budget

Abuja – The Federal Executive Council (FEC) has approved 2018 draft budget proposal, Road Trust Fund (RTF) and the construction of 14-kilometre 330KVA transmission line to evacuate power from Azura power plant in Edo State. These were the decisions taken...

Africa Loses $50bn Annually – AU Official

The Deputy Chairperson of the African Union Commission, Amb Thomas Quartey, has said African countries lose an average of 50 billion dollars annually through Illicit Financial Flows (IFFs). Quartey said this in Abuja at a preparatory meeting towards Nigeria’s role...

FG Grants Road Investors Tax Holiday

In order to attract private investors, the Federal Executive Council has approved a tax relief scheme to woo stakeholders willing to partner with government in the urgent task of rebuilding the nation’s dilapidated roads and other infrastructure. According to the...

Nigeria To Save $650m Annually On Steel Importation

A local steel maker, African Industries Group, has noted that Nigeria can potentially save about $650m annually if all the steel companies produce at 100 per cent capacity. The Group Executive Director, African Industries Group, Uche Iwuamadi, stated this during...
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