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Tag: $3 Billion

Nigeria Needs $3bn Investment In Refinery

Nigeria Needs $3bn Investment In Refinery     To meet the growing demand of her 17.3 million Metric tons of petroleum products, Nigeria needs to invest about $3.09 billion in refinery projects. The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, who disclosed this at the...

Nigeria Losing $3bn To Illegal Mining – NEITI

Nigeria Losing $3bn To Illegal Mining - NEITI   The Director, Technical, Nigeria Extractive Industry Transparency Initiative, Dr Dieter Bassi, has said Nigeria is losing $2bn-$3bn to illegal mining. He said this during a town hall meeting on the dangers of foreign illegal mining in Nigeria on...

Nigeria To Raise $3bn Eurobond In October – Finance Minister

Nigeria To Raise $3bn Eurobond In October - Finance Minister       Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has said the nation plans to raise about $3b in the Eurobond market in the second week of October. In an interview with Bloomberg TV, Ahmed...

We’re Targeting 10,000MW Of Electricity From $3bn Interventions – FG

We're Targeting 10,000MW Of Electricity From $3bn Interventions - FG       The Federal Government, yesterday in Abuja, said 10 Gigawatts (10,000MW) of electricity is feasible from an investment of $3 billion being made in the power sector. The prevailing situation of the nation’s power sector has rendered...

AfDB To Invest $3bn In Africa’s Pharmaceutical Industry

AfDB To Invest $3bn In Africa’s Pharmaceutical Industry         The African Development Bank (AfDB) has said it would invest 3 billion dollars to build Africa’s pharmaceutical industry in the next 10 years. President of the AfDB, Dr Akinwumi Adesina, said this at a virtual Finance in Common...

‘Nigeria Can Export $3bn Worth Of Cocoa Derivatives Under AfCFTA’

‘Nigeria Can Export $3bn Worth Of Cocoa Derivatives Under AfCFTA’       The federal government has disclosed that by taking advantage of the African Continental Free Trade Area (AfCFTA), Nigeria has the capacity to export $3 billion worth of derivatives from cocoa and $300 million from the...