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Oil & Gas
Oil & Gas
Oil & Gas
One of Indonesia's leading conglomerates, the Bakrie Group, is planning to invest up to US$1 billion in Nigeria within the next five years through a joint venture company formed with British-Nigerian entrepreneur Ladi Delano. The joint venture company, Bakrie Delano Africa Ltd, is planning to work in three sectors…
Thursday, 07 June 2012 17:16
All subsidy payments will be thoroughly verified – Iweala
by Administrator
Speculation that prudence in subsidy payments will cause fuel scarcity wrong The Federal Ministry of Finance 29th May explained that subsidy payment will only be made to marketers whose claims of fuel importation have been verified as genuine. This followed wide speculations that prudence in subsidy payments will cause fuel…
The dream is to transform the power sector and attain 40,000 mw by 2020 to enable Nigeria become one of the 20 largest economies in the world. To generate this quantum of electricity will require investments of $100 billion during this period, with 35% going to generation alone. Though this…
