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All posts by Ifreke Inyang

  • Dangote refinery to employ 8,000 engineers, create jobs for 85,000 Nigerians

    The President of the Dangote Group, Aliko Dangote, said about 8,000 engineers would be needed for the smooth take off of the nine- billion- dollar Dangote Refinery/Fertiliser plant in Ondo. Dangote told State House correspondents on Wednesday...

    • Posted September 5, 2013
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  • Nigerian insurers operate as fringe players in Ghana

    The subsidiaries set up by Nigerian insurance companies in Ghana are operating as fringe players as out of the 22 general insurers operating in Ghana, Nigerian subsidiaries which are Equity Assurance, WAPIC, Regency Alliance, IEI Ghana and NEM...

    • Posted September 5, 2013
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  • FG sets aside N16b for rural electrification, swears in board

    Federal Government on Tuesday said about N16 billion has being set aside to enable the Rural Electrification Agency (REA) execute power projects in communities across the country. Minister of State for Power, Zainab Kuchi who made the disclosure...

    • Posted September 5, 2013
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  • We’ll make credit cheaper for farmers – President Jonathan

    President Goodluck Jonathan on Tuesday called on the private sector to take full ownership of the Federal Government’s Agriculture Transformation Agenda, adding that his administration would make credit more accessible and cheaper for farmers. Already, he said...

    • Posted September 5, 2013
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  • Publicise oil prospecting licences – NEITI tells DPR

    The Nigeria Extractive Industries Transparency Initiative has called on the Department of Petroleum Resources to place all oil prospecting licences and mining leases in the public domain in conformity with global standards. It said there was a...

    • Posted September 5, 2013
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  • Constituency projects’ll be implemented with SURE-P model – FG

    The Federal Government on Tuesday in Abuja stated that lawmakers’ constituency projects as enshrined in the 2013 budget would be implemented in accordance with the model of the Dr. Christopher Kolade-led Subsidy Reinvestment and Empowerment Programme. Under...

    • Posted September 5, 2013
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  • Nigeria, Turkey trade volume hit $1.5bn in 2012

    Bilateral trade between Nigeria and Turkey in 2012, including imports and exports, was estimated to be worth over $1.5bn. The Chairman, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, Alhaji Mohammed Abubakar, made the disclosure...

    • Posted September 5, 2013
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  • FG, private sector partner to revitalise oil palm industry

    The Federal Government has promised to work with stakeholders in the oil palm value chain to grow the sub-sector in line with its Industrial Revolution Plan. Mr Olusegun Aganga, the Minister of Industry, Trade and Investment, made the promise at...

    • Posted September 4, 2013
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  • Sanusi laments worsening unemployment situation

    The  Governor   of  the Central  Bank  of  Nigeria, Mr. Sanusi Lamido, on Monday said the current rate of unemployment in the country was worrisome. Sanusi said this in Calabar at the inauguration of the CBN South-South Entrepreneurship...

    • Posted September 4, 2013
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  • AMCON seeks buyers for Enterprise Bank

    The Assets Management Corporation of Nigeria has formally invited interested buyers to express interests in acquiring its 100 per cent stake in Enterprise Bank Limited, one of the three banks nationalised by the Federal Government in 2011....

    • Posted September 4, 2013
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