Fayemi who undertook the tour of the various plants and the harbour in the complex with the Minister of State, Hon. Abubakar Bawa Bwari, lamented that the huge national asset was left to rot, in spite of its potential to help boost the economy and create employment opportunities.
27 April 2017, Sweetcrude, Lagos — Nigeria’s Federal Executive Council on Wednesday approved the lease of what it called “fast-going…
24 April 2017, Sweetcrude, Abuja – A geologist and former vice-president of the Abuja Chambers of Commerce, Mr. Uba Malami,…
“It is a sector that seems to have defiled recession, according to the bureau of statistics, its growing while other sectors may be experiencing challenges; that is not to say that we have reached Eldorado. But, it is a journey and we are beginning to see concrete development and the President as you know also approved an intervention fund for this sector, the first of its kind in the history of the mining sector,” he said.
The establishment of the fund was aimed at supporting the ministry’s policy framework, developing the sector and providing necessary administrative management of the fund in the following ways: the development of both human and physical capacity in the sector; funding for geoscientific data gathering, storage and retrieval to meet the needs of the private sector.
Oscarline Onwuemenyi 19 April 2017, Sweetcrude, Abuja – The Federal Government is considering massive injection of funds and creation of good…
“The steel company holds the future of auto industry in Nigeria because when we talk of auto, two things are involved which are the plastics or metals. So the company holds the metals and metals carry almost 70 per cent of vehicles apart from the interior.”
Kunle Kalejaye 12 April 2017, Sweetcrude, Lagos – The Economic and Financial Crimes Commission, EFCC, has been charged to produce its…
Oscarline Onwuemenyi 12 April 2017, Sweetcrude, Abuja – A statement from the Ministry of Mines and Steel Development in Abuja says the…
Fayemi said that he would meet with the Minister of State, Petroleum Resources, Dr. Emmanuel Ibe Kachikwu to look into the issue why the local oil companies refused to patronise the local baryte producers but preferred to import the products.
