Economic Confidential

NIPE Seeks Speedy Completion of Katsina 10MW Wind Farm

Thirty (30) members of the Nigerian Institution of Power Engineering (NIPE) Kano State Chapter have visited the Wind Farm in Rimi Local Government of Katsina State to ascertain the status of the project and assess the overall impact of...

ICAN Unveils NIRCO to Attract More Investors to Nigeria

ICAN Unveils NIRCO to Attract More Investors to Nigeria Nigeria’s desire to attract more investments into the country received a boost through the establishment of the Nigeria Integrated Reporting Committee (NIRCO). The establishment of NIRCO complements the efforts of the Federal...

Senate Tackles CBN on Anchor Borrowers Programme

Senate Tackles CBN on Anchor Borrowers Programme The Senate has faulted the Central Bank of Nigeria (CBN’s) Anchor Borrowers Programme (ABP), saying that the apex bank was not in the position to implement it. The Chairman, Senate Committee on Agriculture and...

FG Okays N2.4bn Construction of Shooting Range for Aviation Security

FG Okays N2.4bn Construction of Shooting Range for Aviation Security The Federal Government has approved the sum of N2.4billion for the construction of indoor shooting range for aviation security, Aviation Minister Hadi Sirika has said. Also, Minister of State for Transportation,...

N3b oil and gas parks For Bayelsa, Akwa Ibom

N3b oil and gas parks For Bayelsa, Akwa Ibom The Federal Government has earmarked the sum of N3billion to build two oil and gas parks in Akwa Ibom and Bayelsa states, the Minister of State for Petroleum Resources, Chief Timipre...

NDDC Received N720bn from Shell In 16 Years

NDDC Received N720bn from Shell In 16 Years The Niger Delta Development Commission(NDDC) has received not less than $2billion( N720bn) from Shell Petroleum Development Company of Nigeria (SPDC) and its partners in 16 years. SPDC’s General Manager, External Relations, Igo Weli,...
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