$1.5bn Lagos-Ibadan Fast Rail: FEC Gets Cost Overrun Request From Amaechi
As construction work on the 156km Lagos-Ibadan standard gauge rail progresses, Minister of Transportation Rotimi Amaechi is expected to present a request to the Federal Executive Council (FEC) for cost overrun, Daily Trust can...
Govt’s Commitment To Renewable Energy Unshaken – Fashola
The Minister of Power, Works and Housing, Mr Babatunde Fashola, has said the Federal Government is committed to diversifying the nation’s energy mix through renewable energy.
The current component of the power grid consists of gas-fired power (85...
Railway Concession: FG, Transnet In Talks Over Deal
The Federal Government is in talks with Transnet for the nation’s railway concession after General Electric handed the leadership of the consortium to the South African firm, the Minister of Transportation, Mr Rotimi Amaechi, said on Sunday.
Last...
Nigeria Risks Food Crisis, Says Group
Fresh indications have shown that food crisis is imminent in Nigeria if the country fails to deploy innovation and technology into its food industry to boost productivity and sufficiency.
Some food safety experts who raised the alarm listed the country’s...
AMCON To Publish List Of New Debtors
The Asset Management Corporation of Nigeria is preparing to release another list of debtors, an investigation has revealed.
The corporation’s Head of Corporate Communications Department, Jude Nwauzo, confirmed this to our correspondent.
According to information obtained, the corporation has decided...
IMF Forcasts Poor Revenue Generation For Nigeria
The International Monetary Fund’s prediction of a weak revenue generation for Nigeria in the short term may have some implications, according to reports.
This is coupled with the Federal Government’s recent projections of lower revenue for 2019 than budgeted...
