Economic Confidential

Border Closure and Profiteers

Border Closure and Profiteers By Abdulfatai Okanlawon As the debate on Nigeria’s partial border closure continues, depending on the side of the divide you are, there is an undisputable fact that Nigeria had indeed taken a decision it ought to have...

Senate Probes delay in execution of N7.7bn Kagara dam

Senate Probes delay in execution of N7.7bn Kagara dam The Senate has mandated its Committee on Water Resources to investigate the delay in the execution of Kagara dam in Niger State despite the receipt of funding to the tune of...

Senegal Receives $23.1 from ARC for Drought Response

Senegal Receives $23.1 from ARC for Drought Response The Government of Senegal today received symbolic cheques of US$23.1 (equivalent of FCFA 13.9 Billion) from the leadership of African Risk Capacity (ARC) Insurance Limited. The cheques, given in two parts of US$12.5million...

Group Defends Sylva over $62bn IOC’s debt comment

Group Defends Sylva over $62bn IOC’s debt comment A group, Partner For Petroleum & Energy Sector Prosperity Initiative( P-PESPI has condemned a recent call for the sack of Minister of State Petroleum, Timipre Sylva over a recent comment on $62bn...

DPR Commences Radiometric Survey in Bida basin

DPR Commences Radiometric Survey in Bida basin The Department of Petroleum Resources (DPR) has commenced the radiometric survey of the Bida Basin in Niger in line with Federal government’s aspiration to diversify hydrocarbon exploration across all the basins. Mr Ahmad Shakur,...

Senate confirms 15 NDDC board nominees, rejects Nunieh

Senate confirms 15 NDDC board nominees, rejects Nunieh …confirms appointments of Tosho as Chief Judge, Kanyip as NIC President The Senate has confirmed fifteen out of the sixteen nominees forwarded by President Muhammadu Buhari to the National Assembly for confirmation as...
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