All posts tagged "headline"

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  Fuel scarcity looms over power tussle in IPMAN

  The Independent Petroleum Marketers Association of Nigeria on Friday warned that the tussle for power in the association by a group led by one of its expelled members may lead to disruption in the supply of fuel...

  • Posted March 22, 2014
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  Pension: Allegation of missing N24bn false, malicious – Okonjo-Iweala

  The Coordinating Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala, has described the allegations by the Chairman of the House of Representatives Committee on Public Accounts, Hon. Solomon Olamilekan that N24bn was missing from...

  • Posted March 22, 2014
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  FG owes fuel marketers N110bn subsidy claims – IPMAN president

  President of Independent Petroleum Marketers Association of Nigeria, Alhaji Aminu Abdulkadir, has said that the government owed the members N110bn subsidy claims. Abdulkadir also said N41bn was recently paid to IPMAN members, but said that it was...

  • Posted March 22, 2014
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  Lagos targets 15,000MW electricity by 2020

  The Lagos State Government yesterday said it hopes to raise the daily electricity supply in the state from the current 1,000MW to 15,000MW by 2020. Addressing journalists at the inauguration for the seventh Lagos Economic Summit tagged:...

  • Posted March 21, 2014
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  NNPC, IOCs decry rising cost of oil and gas projects

  The Nigerian National Petroleum Corporation (NNPC) and the International Oil Companies (IOCs) have decried the high cost of projects in Nigeria’s oil and gas sector, saying the development will “kill” the industry unless the players become efficient...

  • Posted March 21, 2014
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  Fuel subsidy removal cruel to the masses – NIM

  The President and Chairman of Council, Nigerian Institute of Management (Chartered), Dr. Nelson Uwaga, said on Wednesday that removing fuel subsidy at the moment would be cruel to the masses. Uwaga, however, said during a courtesy visit...

  • Posted March 21, 2014
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  Power supply is key to industrial revolution – Nebo

  The Minister of Power, Professor Chinedu Nebo,  has restated the determination of the Federal Government to revolutionalise the nation’s industrial sector by boosting electricity supply, saying power is key to industrial revolution. The minister spoke Thursday in...

  • Posted March 21, 2014
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  Chinese businessmen to invest $300 billion in Nigeria

  Over twenty investors from the Republic of China who are on a business tour in the country have indicated their readiness to invest about $300 billion to boost Nigeria’s economy. The investors, who held a business forum...

  • Posted March 21, 2014
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  Honeywell, USTDA to build $3bn gas-based industrial complex

  The Honeywell Group and the United States Trade and Development Agency (USTDA) have partnered to fund a study for the development of a world-class gas-based industrial complex. In a statement Thursday, Honeywell said the initiative, which could...

  • Posted March 21, 2014
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  24 investors jostle to buy Enterprise Bank

  At least 24 local and foreign companies are jostling to buy Enterprise Bank Limited after the Asset Management Corporation of Nigeria commenced a process to divest itself of its 100 per cent stake in the bank. The...

  • Posted March 21, 2014
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