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Infrastructural Development fast-tracked as Jonathan charges ICRC on second Niger Bridge, railways

PRESIDENT Goodluck Jonathan has charged the Governing Board of Infrastructure Concession Regulatory Commission (ICRC) to work towards the actualisation of construction of second Niger bridge and concession of railway lines in the country as well as the projects slated for implementation through Public Private Partnership (PPP). He gave the charge on Tuesday, at the Presidential … Continue reading

Zamfara village cleared of lead after deadly outbreak

Medical charity MSF said Wednesday a Nigerian village that suffered an unprecedented and deadly lead poisoning outbreak had been cleared of the toxin, but that nearly 1,000 exposed children needed treatment. The crisis in northwest Zamfara state first came to light in 2010, and was “the worst outbreak ever recorded,” Medecins Sans Frontieres said. At … Continue reading

Nigeria’s Afam power plant gets buyer for US$260 million

Copyright : APA The privatization process of Nigeria’s power sector on Wednesday recorded a boost as the Afam power plant got an offer of US$260.5 million offer, the highest made by Taleveras Group, a consortium comprising Rivers State Government and three foreign companies. The Acting Director of Electric Power Department of the Bureau of Public … Continue reading

APC: Tinubu, others applaud INEC

Torrents of reactions have greeted the birth of Nigeria’s newest party, the All Progressives Congress, APC, an amalgamation of the Action Congress of Nigeria, the Congress for Progressive Change and the All Nigeria Peoples Party. The national leader of the former Action Congress, Asiwaju Bola Ahmed Tinubu  in a swift reaction applauded the courage of … Continue reading

FEC Approves Contract For South South–North East Link Road

The Federal Executive Council (FEC) has approved the contract for the rehabilitation of the Calabar-Ugep-Ogoja-Katsina Ala Road. The Minister of State for Works, Ambassador Bashir Yuguda told State House Correspondents after the council meeting presided over by President Goodluck Jonathan, that the contract was awarded in 2009 to address the deteriorating state of the road. He … Continue reading

Nigeria To Begin Online Business Registration

VENTURES AFRICA – Nigeria is a step closer to launching its global online business registration platform, as it moves closer to divesting from the oil and gas sector – its economy’s mainstay. The soon-to-be-launched platform will allow Nigerians living in the diaspora or foreigners planning to register their businesses in Nigeria to register their businesses … Continue reading

FG’s $1bn Eurobond for power projects over-subscribed by 400% – US investors top with over 70% subscription

The Federal Government yesterday announced that its $1 billion Eurobond has been over-subscribed by international investors to the tune of 400 per cent, exceeding the expectations of analysts. According to the Federal Ministry of Finance, the positive response to the bond is anchored on a strong perception that the fundamentals of the Nigerian economy remain … Continue reading

Watch “Army Confirms Arrest Of 41 Suspected Boko Haram Members In Lagos, Ogun” on YouTube

Privatization: 17 PHCN successor companies to list on NSE

Bureau of Public Enterprises (BPE) , has  said that the 17 Power Holding Company of Nigeria (PHCN) successor companies will be listed on the floor of the Nigerian Stock Exchange (NSE). Director General of BPE, Mr. Ezra Dikki disclosed this during a courtesy visit to the NSE and also ring the trade closing bell of … Continue reading

Who is Hijacking Democratic Principles in Rivers State? Let’s fix what is broken

 It is interesting to note that a protest, tagged, ‘One-day Global Action in Defense of Democracy in Rivers State,’ is scheduled for Tuesday, July 30, 2013. According to “THISDAYLIVE” publication of Sunday 28 July, 2013 (http://www.thisdaylive.com/articles/senate-approves-takeover-of-rivers-assembly-s-functions/154497/ ), this protest will address politically motivated violence and other anti-democratic norms in the state. A lot of never-ending … Continue reading

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