“Government is committed to the scheme. Our miners cannot achieve much as long as they rely on shovel and digger for their work. We also know that modern equipment are quite costly. So, government would make arrangements with financial institutions and some operators to make the equipment available for leasing.”
…Gives fresh conditions for release of more funds Oscarline Onwuemenyi 22 March 2017, Sweetcrude, Abuja – Amid allegations of misuse…
According to the results of its Aggregated Power Sector poll, I-WIN stated that a major outcome of the survey is the fact that most Nigerians (average of 79 percent) have suffered a transformer failure or other forms of electricity supply infrastructure failure.
21 March 2017, Sweetcrude, Lagos — THE Nigerian Government has recorded an increase of 81 percent in the number of…
21 March 2017, SweetcudeReports, Lagos – The president of the Association of Bureau De Change Operators of Nigeria, ABCON, Alhaji…
21 March 2017, Sweetcrude, Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $49.18 a barrel…
The minister gave some of the signs that the economy was on its way out of recession as marginal reduction in inflation rate which is the first in 15 months, relative stability in the foreign exchange market, steady increase in the foreign exchange reserves and renewed investor confidence which resulted into the oversubscription of the country’s $1bn Eurobond by eight times.
It noted that, “Previous issues of the NEITI quarterly review showed that disbursements in the first three quarters of 2016 were below the figures for the first three quarters of 2015. However, this trend was bucked in the fourth quarter of 2016, when disbursements climbed to N1.343tn, a nine per cent increase on the corresponding quarter of 2015.”
Oscarline Onwuemenyi 21 March 2017, Sweetcrude, Abuja – The Minister of Works, Power, and Housing, Mr. Babatunde Fashola, has said…
“What Dangote is doing is marvelous. We need to commend them. The way they led the backward integration policy to turn around our fortunes in the cement industry. I am delighted to see the development here bigger that what I saw the last time. And we are looking at how we can replicate the successes in the cement industry in other non-oil sectors of our economy.”
