All posts tagged "headline"

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  Oil blocks: Indigenous firms, others to pay $11.5bn

  Indigenous oil exploration and production firms as well as their foreign counterparts would have by the end of the year paid $11.5bn for oil assets being divested in Nigeria by Shell, Total, Agip, ConocoPhillips, Eni and other...

  • Posted May 9, 2014
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  OXFAM questions transparency in Nigeria’s agric sector

  A research conducted by OXFAM Nigeria, an International Non-Governmental Organisation (NGO) committed to ensuring food security, has questioned transparency in the country’s agricultural spending. OXFAM also alleged that less than two per cent of the population of...

  • Posted May 9, 2014
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  Nigeria, China sign $1.3bn railway deal

  The China Railway Construction Corporation Limited has signed a contract for a $13.1 billion railway project with the Ministry of Transport for a coastal railway line that will transverse ten states in Nigeria. The length of the...

  • Posted May 9, 2014
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  NNPC, biggest domestic gas producer – GMD

  The Group Managing Director, Nigeria National Petroleum Corporation, Mr. Andrew Yakubu, has said that in the last few years, the country has ramped up gas supply from 300 million standard cubic feet per day to 1.5billion scf...

  • Posted May 9, 2014
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  World Bank approves $1.19bn guarantee for power sector

  The World Bank Group has approved partial risk guarantees to help power sector operators in the country to borrow up to $1.19bn to execute various projects. A statement released in Washington on Wednesday said the Board of...

  • Posted May 9, 2014
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  FG earmarks 500,000 hectares of land for irrigation farming

  The Federal Government on Thursday said it had earmarked 500,000 hectares of land for irrigation farming as part of effort to boost food security and job opportunities for women and youths in Nigeria. The Minister of Water...

  • Posted May 9, 2014
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  No regrets in power sector privatisation – FG

  Despite the prevailing erratic supply of electricity in most parts of Nigeria six months after the sector was privatised, the Federal Government on Thursday declared that it had no regrets for handing over the industry to private...

  • Posted May 9, 2014
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  NUEE, NLC to shut down Eko Electricity Distribution Company

  The Lagos State council of the National Union of Electricity Employees (NUEE) and the Nigeria Labour Congress (NLC) will today picket Eko Electricity Distribution Company in Marina, Lagos. The industrial action is in protest against management’s anti-labour...

  • Posted May 9, 2014
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  Dangote to invest $2.3bn in north Nigeria

  Nigerian businessman Aliko Dangote has said that he will invest $2.3bn (£1.35bn) in sugar and rice production in the north of the country. Amid international concern about terrorism in the region – highlighted by the kidnap of...

  • Posted May 8, 2014
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  FG promises to generate 7,000MW of power before end of the year

  In order to improve electricity supply in the country, the federal government has promised to generate 7,000 Mega Watt of electricity before the end of the year, Minister of State for Power, Mohammed Wakil, has disclosed. This...

  • Posted May 8, 2014
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