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Yearly Archives: 2017

General Electric proposes investment in Nigeria’s three refineries

General Electric proposes investment in Nigeria's three refineries

General Electric, a multinational company, has proposed to invest in Nigeria’s three refineries located in Port Harcourt, Warri and Kaduna. New Telegraph reports that the United State of America based company stated this  in Abuja Tuesday in a presentation to Group Managing Director of the Nigeria National Petroleum Corporation (NNPC) Dr. Maikanti Baru and his team that the company’s teams ...

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Dogara seeks Infrastructure Bond for Road Projects

Dogara seeks Infrastructure Bond for Road Projects

The speaker of the House of Representatives, Hon Yakubu Dogara, has advocated for an Infrastructure Bond for funding road infrastructure in the country. New Telegraph reports that Dogara, who made the call when he received the report of the Technical Committee for the Review of the Roads’ Funds Bills in his office, noted that it was very important to ensure ...

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FG releases counterpart funding for Lagos-Ibadan rail project

Railway frustration forces Dangote to assemble truck - Amaechi

The Nation reports that Federal Government on Monday said it has released N72 billion as the full counterpart funding for the construction of Lagos-Ibadan modernization railway project. This was disclosed by the Minister of Transport, Rotimi Amaechi, at the second Presidential Business Forum in Abuja. He said: “For the construction of Lagos-Ibadan railway, the Minister of Finance has been kind ...

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Quackery And The Real Estate Business In Nigeria

quackery

Basically there are quacks in every human avocation, there are even quacks in the health sector where human lives are involved, how much more real estate? This article talks about ways quackery can be tackled in the real estate sector. Quacks exist everywhere. They are untrained persons, with claim to have the knowledge to deliver on a particular project or ...

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LASTMA seeks compliance with traffic, environmental laws

LASTMA seeks compliance with traffic, environmental laws

Reports show that the Lagos State government has carried out comprehensive enforcement of Traffic and Environmental Laws across the State, just as it urged motorists and residents to adopt willful compliance with the relevant laws to ensure free flow of traffic, civility and public order. The Guardian reports that the enforcement, jointly carried out by men of the Lagos State ...

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Edo communities protest against illegal land acquisition

Edo communities protest against illegal land acquisition

The Guardian reports that some communities in Uhunmwode, in Owan West and Ovia North East Local Councils of Edo State, at the weekend protested against the acquisition of their land by Okomu Oil Palm Company. The protests held in Orhua and Umokpe in Uhunmwode and Ozalla clan of Owan West, were led by the communities’ traditional heads and elders-in-council, The ...

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Italy oil firm, ENI to repair Port Harcourt refinery

General Electric proposes investment in Nigeria's three refineries

Reports show that plans are underway by the Italy-owned international oil company, ENI, to refurbish the Port Harcourt refinery. In a Memorandum of Understanding (MoU) signed by the oil firm and the Nigerian National Petroleum Corporation (NNPC) in Rome, Italy, yesterday, the company would also build the phase two of the Okpai Power Plant, The Guardian reports. The Guardian reports ...

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How To Search For Property Online

property online

Searching for a property online is gradually becoming a mainstay in our part of the world, but do we go online to search for properties purposefully? This article gives useful tips on how well we can search for property online without making it look like a wasted venture. The world is now a global market where people from all walks ...

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CBN Donates N999m Building to CRUTECH

CBN Donates N999m Building to CRUTECH

The Central Bank of Nigeria (CBN) has donated a two-storey multi-million naira structure to the Cross River University of Technology (CRUTECH). New Telegraph reports that the building which is valued at N999 million, was handed over to the university by an official of the apex bank, Mr. Akanimo Etim, who represented the Central Bank Governor, Mr. Godwin Emefiele at the ...

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Anambra, FMBN to Provide Houses for Civil Servants

Anambra, FMBN to Provide Houses for Civil Servants

Anambra State government has made it known that it is collaborating with the Federal Mortgage Bank of Nigeria (FMBN) to complete its housing scheme for civil servants in the state. According to New Telegraph, Mr Frank Offor, the state Commissioner for Housing and Urban Development, said in Onitsha that the collaboration was in government’s bid to provide affordable houses for ...

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