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FG Launches N510bn Expanded Water Supply

The federal government, yesterday ,launched the Partnership for Expanded Water Supply, Sanitation and Hygiene (PEWASH) set to cost about N510 billion. The Minister for Water Resources, Engr. Suleiman Adamu stated this in the Partnership for Expanded Water Supply, Sanitation and Hygiene (PEWASH Program Strategy 2016-2030. Giving...

CBN releases $300m to Foreign Airlines

To cushion the effect of the cash squeeze affecting foreign airlines flying into Nigeria, the Central Bank of Nigeria (CBN) has released $300 million out of the $600 million airlines fund stuck in the country. Some of the airlines have either stopped coming into Nigeria...

Refineries will be Fixed before Sale –Kachikwu

Nigeria will consider the sale of the country’s four refineries only after they have been rehabilitated to work efficiently, minister of Petroleum Resources, Ibe Kachikwu, has said. Kachikwu said yesterday at a public presentation of short and medium term priorities to grow Nigeria’s oil and...

China Fine-tunes Oil Deals with FG

·FEC to consider proposal on payment of cash call arrears ·NNPC: No plan to increase petrol price Nigeria and China on Tuesday began to put finishing touches to the multi-billion dollar oil deals both countries had initiated, and which will see Chinese firms invest heavily in...

FEC approves N30b for mining sector development

The Federal Executive Council has approved the release of a N30 billion intervention fund for mining sector development. The Minister of Mines and Steel, Kayode Fayemi, disclosed that the sum was a fulfillment of President Buhari’s campaign promises when he pledged determination to diversify from...

Buhari will take Nigeria to promised land, says Osinbajo

Vice President Yemi Osinbajo said President Muhammadu Buhari’s administration will take Nigeria to the promised land. He spoke at the 56th Independence Anniversary Interdenominational Church Service at the National Christian Centre in Abuja. The promise of God, he said, includes building a new Nigeria where there...