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Nigeria’s Economy is Pro-Private- FG

Nigeria’s Economy is Pro-Private- FG Minister of Information and Culture, Alhaji Lai Mohamed has declared that the President Muhammadu Buhari’s administration is pro-private business and is keen on providing the enabling environment for the private sector to meaningfully participate in the development of the Nigerian...

FG Plans NIPOST Reformation for E-Commerce, E-Governance

The Nigerian Postal Service (NIPOST) is being reformed to strengthen and reposition it in order to undertake e-commerce and e-government services, as a strategic response to technological challenges that have affected mail services globally, the Minister of Communications, Alhaji Adebayo Shittu has said. Shittu, who...

Osinbajo Inaugurates NCP, Says 142 Public Enterprises Privatise

Acting President Yemi Osinbajo has re-inaugurated new members of the National Council on Privatisation (NCP) two years after dissolution. The body responsible for making decisions on the sale and liberalisation of government’s interests in national assets and companies. According to a statement in Abuja by the...

NSIA Investment in NCX to Revitalize Operations

The Minister of Industry, Trade & Investment, Dr. Okechukwu Enelamah has said that the proposed strategic investment in the Nigeria Commodity Exchange (NCX) by the Nigeria Sovereign Investment Authority (NSIA) is aimed at revitalizing the operations of the Exchange to make it more responsive...

Osinbajo Inaugurates Committee on Concession of Railways

Determined to spur a transformation of the railway infrastructure in the country, the Federal Government is proceeding with the concessioning of the eastern and western lines of the Nigeria Railways with the inauguration of a Steering Committee to get the job done promptly. Speaking at...

Indorama Investment in Eleme Petrochemical to Hit $4.2bn by 2020

The Acting Director General of the Bureau of Public Enterprises (BPE), Dr. Vincent Akpotaire has said that investment of Indorama in Eleme Petrochemicals Limited may hit $4.2 billion by 2020. He also said that the company is currently implementing the world largest single train Urea plant...