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All posts by Ifreke Inyang

  • Dangote Cement to complete five African plants

    Five cement plants belonging to Dangote Cement and spread across five countries in Africa will be completed this year, the company has said. The plants, which are at various stages of construction, according to the Group President...

    • Posted January 14, 2014
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  • Two Indian firms plan auto plants in Nigeria

    Less than three months after the announcement of the National Automotive Industry Development Plan, two vehicle manufacturing companies from India have indicated interest in establishing plants in Nigeria. The development was confirmed in a statement issued on...

    • Posted January 14, 2014
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  • Procurement reforms saved FG N58bn in 2013 – BPP

    The Bureau of Public Procurement has said it saved the nation about N58bn through the review of contracts for capital projects last year. The Director-General, BPP, Mr. Emeka Ezeh, said this in Lagos on Friday at the...

    • Posted January 14, 2014
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  • Foreigners have taken over our economy — MAN

    Ikpong Umoh is the Vice Chairman, Toiletries and Cosmetics (T&C) Group of Manufacturers Association of Nigeria (MAN). He speaks on the activities of the sector in 2013, the need for the Federal Government to revamp industries in...

    • Posted January 13, 2014
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  • FG pays former PHCN staff N361bn

    The Bureau of Public Enterprises, BPE, said, yesterday, that 43, 375 former staff of the Power Holding Company of Nigeria, PHCN, have been verified and paid their terminal benefits totaling N361,024,432,338.48. The image maker of the bureau,...

    • Posted January 13, 2014
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  • IPMAN denies plan to commence nationwide strike

    The Independent Petroleum Marketers Association of Nigeria (IPMAN), on Sunday said its members had no plan to embark on a nationwide strike in February. Its National President, Alhaji Abdulkadir Aminu, made the denial in a statement issued...

    • Posted January 13, 2014
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  • World Bank’ll restrict support to vital sectors — Marie-Nelly

    The World Bank Country Representative in Nigeria, Marie-Francoise Marie-Nelly, in this interview with EVEREST AMAEFULE, says the bank will limit its intervention in Nigeria to the power and few other sectors in order to make more visible impact...

    • Posted January 13, 2014
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  • Extortion: Ikeja DISCO to prosecute ex-PHCN employees

    The Ikeja Distribution Company has vowed to prosecute ex-employees of the Power Holding Company of Nigeria accused of extorting electricity customers under its network. The company said this followed complaints by its customers in the 11 business...

    • Posted January 13, 2014
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  • Electricity workers to begin strike Tuesday

    The National Union of Electricity Employees (NUEE), on Thursday, insisted on proceeding with its planned nationwide strike from next Tuesday, over the flagrant abuse of human and trade union rights in the power sector. The group also...

    • Posted January 12, 2014
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  • Slashed Budget: Senior Judges report Okonjo-Iweala to NASS

    Indications emerged yesterday that the Judiciary was upset with the paltry vote of N67 billion earmarked in this year’s budget for the operation of the third arm of government. The anger of the judiciary, it was learnt,...

    • Posted January 12, 2014
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