The EU-funded AfricaConnect2 project has just announced that, following the tender call to connect West and Central (W&C) Africa back in June 2016, GÉANT has awarded a 15-year contract to MainOne for connectivity services.
Nigeria’s President, Muhammadu Buhari, is set to commission the new office complex of the African Development Bank in Abuja, consolidating the country’s position as the Bank’s largest shareholder.
The Escravos-Lagos Pipeline which came down last week as a result of a fire incident has been restored and gas supply to customers on the line including power generating companies resumed.
The Federal Government has approved the establishment of a Liquefied Petroleum Gas extraction plant at Ikuru Town in Rivers state for Green Energy International Ltd, the Operator of the Otakikpo marginal field in OML 11.
The African Development Bank wishes to categorically refute the statement that it has “called off loans to Nigeria”, as reported in Reuters and credited to AfDB Vice-President for Power, Energy, Climate and Green Growth Amadou Hott.
There is strong indication that after cement, Nigeria's steel industry is the next sector to watch as African Industries Group, the largest steel manufacturer in the country, has started exporting the product to Morocco, Egypt and Ghana.
In 2015, the Government of Nigeria requested World Bank support to respond to the humanitarian and development crisis in the North East of Nigeria.
In line with the Presidential mandate of rehabilitating the nation’s three refineries, the Nigerian National Petroleum Corporation has inaugurated eight committees charged with returning the refineries to their nameplate capacities by the year 2019.
Dangote Group has in Minna, Niger State signed a Memorandum of Understanding (MoU) with the State Government for the establishment of a jumbo $450million state-of–art and fully integrated sugar complex.
The Nigerian National Petroleum Corporation has said the West African Gas Pipeline would be extended from Ghana to Cote d’ Ivoire as part of the Federal Government West African energy integration policy.