President Buhari on Tuesday will inaugurate the largest brewery in West Africa

78 SHARESPresident Buhari will inaugurate the largest brewery in West Africa on Tuesday, August 28, 2018. The Punch reported, that the $250m facility is owned by International Breweries Plc, an arm of AB InBev Group Speaking on the launch, the Managing Director, IB Plc, Annabelle Degroot, said the plant will help meet the government’s goal of producing quality drinks locally. Degroot Read More

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Mrs. Kemi Adeosun : to deliver on infrastructure FG must borrow more

18 SHARESThe Minister for Finance, Mrs. Kemi Adeosun, on Sunday, said the nation must borrow more in the short term to deliver critical infrastructural projects such as roads, rail, and power. According to her, Nigeria currently has one of the lowest debt-to-Gross Domestic Product figures in the world and the administration has no plan to Read More

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FG charged electricity distributors Collect N40bn electricity debts from states

21 SHARESThe Federal Government on Monday charged electricity distribution companies to engage state governments in order to collect the outstanding electricity debt amounting to about N40bn owed by the Ministries, Departments and Agencies of the various state and local governments. It stated that on Wednesday, October 4, 2017, the Federal Executive Council approved the verified Read More

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Aliko Dangote, has attributed his resolve to achieve self-sufficiency in commodity manufacturing

21 SHARES Africa’s richest person, Aliko Dangote, has attributed his resolve to achieve self-sufficiency in commodity manufacturing through the strategy of backward integration as key to the success of his business. Speaking during a public conversation at the Financial Times’ 4th Annual Africa Summit at Claridges, London, the United Kingdom, moderated by the Editor-in-Chief of Read More

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Vice President Yemi Osinbajo : 50 million Nigerians have no access to electricity.

21 SHARESVice President Yemi Osinbajo on Monday said 50 million people out of the nation’s 180 million population have no access to electricity. “Nigeria’s 180 million people, over 50 million have no power,” Osinbajo said in his keynote address at the Financial Times Africa Summit holding in London. The Vice President told the gathering that as part Read More

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Federal Government to reintroduce tolling on the nation’s highways

16 SHARESThe Federal Government on Monday said it would reintroduce tolling on the nation’s highways to raise the much-needed funds to maintain the roads. The Minister of Power, Works and Housing, Mr. Babatunde Fashola, stated this while addressing members of the Manufacturers Association of Nigeria, who visited him in his office in Abuja. The minister’s Read More

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