Nigerian Govt Signs MOU On Infrastructure With Japan

Nigerian Govt Signs MOU On Infrastructure With Japan The Federal Ministry of Transportation has signed a Memorandum of Understanding with Japan for cooperation in promoting quality Infrastructure investment and continuing cooperative relationship between Nigeria and Japan. Minister of Transportation, Chibuike Rotimi Amaechi signed the MoU with Japan’s State Minister of…

$2bn Cotton Industry Investment From Chinese Firm To Nigeria

Federal government is already harvesting the benefits of the just concluded meeting on the Forum for African Cooperation (FOCAC) in China according to Okechukwu Enelemah, Nigeria’s Minister of Industry Trade and Investment who revealed that a $2 billion investment commitment into Nigeria’s cotton, texile and garment sector has been received…

HOW WE WANT TO CREATE 100,000 JOBS IN NIGERIA-UK GOVERNMENT

The spokesperson of the development agency of the British High Commission in Nigeria, David Smith, in a response to PREMIUM TIMES’ inquiry said the jobs would be created through UK government’s LINKS programme, an initiative to “power economic growth in northern Nigeria.’ The economy of northern Nigeria, particularly the north…

Kachikwu: Why China has an edge over UK, US in Africa

Kachikwu: Why China has an edge over UK, US in Africa. Ibe Kachikwu, minister of state for petroleum resources, says China has an edge over the US and UK in Africa because it is providing what Africa needs. Kachikwu made this comment on the sidelines of the ongoing 2018 Forum…

Alleged 117B Fraud: EFCC, River State At Loggerhead, Zenith Bank MD Detained

The EFCC known as Economic and Financial Crimes Commission is reported to have detained the MD of one of the biggest banks in Africa and by extension Nigeria, Zenith Bank, Peter Amangbo over a series of transactions his bank allegedly carried out on behalf of Rivers State government. EFCC is…

Economic Reforms: $84bn Investments Recorded In 18 Months — Osinbajo

An update received from the office of the Vice President of Nigeria on the state of foreign investment inflow into the economy has indicated that about $83.9 billion worth of investments were announced between January 2017 and the end of the first quarter of 2018, Q1’18. Osinbajo The report titled,…

Nigeria, Niger Sign MOU To Build Refinery In Kastina State

Buhari, Moumadou Issoufou signs Bilateral agreement for the creation of the Katsina State refinery IBRAHIM ZAKARI TALBA the founder of BLAKOIL ENERGY REFINERY will spearhead the first 100% private driven Refinery in the north of Nigeria to be built in Mashi Town of katsina state. The REFINERY is a project…

Sirika: We Are Not Paying $300m In Nigeria Air. Www.flynigeriaair.ng Registered

Hadi Sirika, minister of state for aviation, says the federal government is not paying $300 million for a five per cent stake in Nigeria Air. In responses to questions raised about the national carrier which was launched on Wednesday, July 18, Sirika said the government is providing startup capital for…

N-POWER EMPLOYS 300,000 MORE JOBLESS NIGERIANS

The Federal Government of Nigeria under the leadership of President Muhammadu Buhari and his able deputy, VP Yemi Osinbajo made a promise to employ some of the unemployed Nigerians. This promise has been undergoing different phases of fulfilment with the initial employment of 200,000 young men and women into the…

NIGERIA AIR: NIGERIA’S NATIONAL CARRIER COMES ALIVE AGAIN

After decades of mere talking and no action; after many speculations and permutations from the past leadership of the nation, the honourable minister of State for Aviation, Hadi Sirika on Wednesday unveiled the name of Nigeria’s national carrier, as well as the logo at the Farnborough International Airshow in London.…