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FG, Investors Open Bids For Afam Power,Yola Disco

FG, Investors Open Bids For Afam Power,Yola Disco   The Federal Government has invited four firms for financial bids opening for Afam Power Plc, an electricity generation company, and Yola Electricity Distribution Company in Abuja on Tuesday (today). Three firms – Diamond Stripes Consortium, Transcorp Power Consortium...

Nigeria Imports $600m Pottery Products Annually, FG Says

Nigeria Imports $600m Pottery Products Annually, FG Says Nigeria imports pottery products worth $600m annually, the Federal Government has said. The Coordinator, Mineral Sector Support for Economic Diversification, Mr Linus Adie, disclosed this on Saturday while conducting World Bank Task Team Leader, Nura Arfaa, round the...

Rubber Farmers Decry Neglect By FG

Rubber Farmers Decry Neglect By FG Rubber farmers have decried the neglect of the crop by the Federal Government. Their lamentation followed the recent intervention by the Federal Government through the Bankers’ Committee to provide loan facilities to boost the production of five crops such as...

Nigeria Spends N16bn Yearly To Import Beans – FG

Nigeria Spends N16bn Yearly To Import Beans – FG   Despite being the number one producer of beans in the world, Nigeria spends N16bn annually to import the produce from neighbouring countries, the Federal Government has said. Speaking at a training for journalists organised by the Open...

FG Requests Fresh $247.3m External Loan

FG Requests Fresh $247.3m External Loan   The Federal Government will take another fresh external loan of $247.3m for the development of infrastructure, despite the country’s rising debt profile. The Federal Executive Council made the approval at its sitting in Abuja on Wednesday. It came just days after...

FG Seeks AfDB’s Intervention In Developing NIGCOMSAT, Building ICT Infrastructure

FG Seeks AfDB’s Intervention In Developing NIGCOMSAT, Building ICT Infrastructure   The federal government has called on the African Development Bank (AfDB) to intervene in building the trans-saharan optic fibre backbone/national broadband backbone and develop ground station for Nigeria Communication Satellite (NIGCOMSAT) and other critical national...