“The promoters of the companies made away with close to $3 billion, almost a tenth of our reserves. There is no way if someone made away with a tenth of your reserves that you will not have a major economic shock.”
Browsing: Vice-President Yemi Osinbajo
He noted, however, that the modular refineries would essentially address the menace of illegal crude oil refining rampant in the Niger Delta, while saving the environment and providing more legal opportunities for the youth of the area.
OpeOluwani Akintayo 13 February 2018, Swetcrude, Lagos – BFIGroup has threatened a lawsuit against Minister of Mines and Steel Development, Kayode…
“The labs will operate by bringing together all private and public sector officials to achieve the ERGP’s objective of reaching seven per cent economic growth by 2020.”
If expelled, Nigeria will be blacklisted in the global finance sector and Nigerian Banks will be unable to issue Mastercard and Visa credit/debit cards while card transactions with Nigerian originated cards will be blocked meaning Nigerians cannot do foreign transactions.
05 February 2018, Sweetcrude, Abuja – The Federal Government plans to start building the $5.8 billion Mambila hydropower plant later…
“The regulatory process needs to be slightly loosened up so there is opportunity for investors to come and function without undue interference,” Onyia stated.
“So we think that, in the next couple of years, we will have a power situation that will certainly be a lot better than what we are experiencing today,” Osinbajo said.
Mkpoikana Udoma 11 January 2017, Sweetcrude, Port Harcourt – The Director, Directorate of Modular Refineries-Institute of the Environment, has described as…
He added that hike in fuel pump price would be an indirect tax on Nigerians, thereby increase their suffering.
He called on government to come up with a clear explanation on “oil subsidy payment” under the administration and “illegal lifting of N1.1 trillion worth of crude using unregistered companies”.