General Electric (GE) has said that it would be assisting the Federal Government in the revitalisation of the country’s ailing refineries.
Continue reading »GENERAL ELECTRIC TO ASSIST IN NIGERIA’S REFINERIES’ REHABILITATION
Tag: Federal Government
FG’S OBLIGATIONS TO ROAD CONTRACTS VALUED AT N2.6TN
The Federal Government’s total contractual commitment to the construction sector particularly roads and bridges is currently valued at about N2.6 trillion.
Continue reading »NEW VEHICLE IMPORTS FALL BY 90 PER CENT
Only 350 new vehicles were imported by Nigerian auto firms in the first quarter of this year, which shows a drop of about 90 per cent over 3,500 recorded in the same period last year.
Continue reading »FED GOVT MAY MERGE ARIK, AERO AS NATIONAL CARRIER
A likely merger and conversion of assets of Arik Air and Aero Contractors is one of the options being considered by the Federal Government (FG) in the build-up to a new national carrier for the country.
Continue reading »OANDO SECURES FG’S APPROVAL FOR 500MW POWER PLANT IN KWALE
Oando Plc has said that it has secured federal government’s approval to build a 500Mega Watts, Mw, power plant in Kwale, Delta State that will cater for additional 20 per cent of the nation’s power needs.
Continue reading »MARITIME WORKERS GIVE FED GOVT 21 DAYS’ ULTIMATUM OVER DEPLORABLE PORT ROADS
The Maritime Workers Union of Nigeria (MWUN) on Sunday gave the Federal Government a 21-day ultimatum to rehabilitate and make the Oshodi-Apapa Dual Carriage Way and the access roads leading to the nation’s sea ports motorable.
Continue reading »FED GOVT PLEDGES SUPPORT FOR ABU’S MINI-REFINERY PROJECT
Chief Ogbonaya Onu, the Minister of Science and Technology, on Friday, assured the Ahmadu Bello University (ABU), Zaria of the Federal Government’s support for its mini refinery project.
Continue reading »WHY DOMESTIC FLIGHTS IN NIGERIA DROPPED 33 PER CENT IN FIRST QUARTER – OPERATOR
The Station Manager, Azman Air, Abdulahi Saroke, has attributed the drop in domestic flight operations in the first quarter to the six weeks closure of the Nnamdi Azikiwe International Airport, Abuja.
Continue reading »NIGER DELTA INDIGENES GIVE TERMS FOR MODULAR REFINERIES’ TAKEOFF
— Want 100% funding of projects by govt — Seek 50% investment of 13% derivation funds in schemes — They’re alternatives to illegal refining, says govt The proposed investments in community-based modular refinery projects across oil-bearing states of the Niger Delta will become a pipedream unless government reviews its model to accommodate divergent interests among youths in the region, according […]
Continue reading »FG PLANS FRESH CONCESSION OF LAGOS-IBADAN EXPRESSWAY, BI-COURTNEY AND MOTORWAYS CONSORTIUM ON THE BILL
The Federal Government is considering a proposal to involve the former concessionaire of the Lagos-Ibadan Expressway, Bi-Courtney Highway Services Limited, in the funding of the completion and management of the reconstruction of the road.
Continue reading »FG ENDS INTELS’ DOMINANCE OF OIL AND GAS PORT LOGISTICS SERVICES
**Onne Free Zone designated multi-purpose cargo terminal Integrated Logistics Services Nigeria Limited’s (Intels) dominance of the nation’s oil and gas logistics business at the ports has ended with President Muhammadu Buhari’s approval of a policy review, which guarantees the right of importers to choose terminals or ports of their choice for the discharge of their cargo.
Continue reading »SHIPPERS COUNCIL URGES FED GOVT TO REPAIR PORT ACCESS ROADS
The Nigerian Shippers’ Council (NSC) has called on the Federal Government to urgently repair the deplorable port access roads before the rainy season sets in.
Continue reading »