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National Economic Council Commends Nigeria Sovereign Investment Authority’s performance

By Editor August 20, 2022 119 Post a comment

Receives briefing on crude oil production & security Council sub-committee to consider Governors’ concerns over ownership of new NNPC Ltd By Daniel Adaji The National Economic Council (NEC) has endorsed a report on the 2021 financial performance of the Nigeria Sovereign Investment Authority (NSIA), commending the board and management for a credible performance despite Continue Reading

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Mandama: Rise and death of Gubio Civilian Joint Task Force Chairman

By Editor August 19, 2022 187 0

By Daniel Adaji Alhaji Bukar Gambo, popularly known as Mandama, was the Chairman of the Civilian Joint Task Force, (CJTF) who was killed alongside four other members by Boko Haram terrorists, suspected to be members of Islamic State in West African Province (ISWAP) on July 17, 2022. He was killed when a convoy of military […]Continue Reading

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IGP Lauds Uzodimma, Commissions 10 APCs Donated to Police by Governor

By Editor August 17, 2022 139 0

By Daniel Adaji Inspector General of Police, Usman Baba Alkali has commended Governor Hope Uzodimma of Imo State for his efforts in ensuring that security operatives are provided with materials needed for the security of lives and property of the citizenry. He spoke on Tuesday in Owerri while commissioning 10 Armoured Personnel Carriers (APC) and […]Continue Reading

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Nigeria will Save N2 trillion from Malaria Elimination – Buhari

By Editor August 16, 2022 106 0

By Daniel Adaji President Muhammadu Buhari Tuesday in Abuja inaugurated Nigeria End Malaria Council (NEMC), projecting that the successful implementation of the Council’s agenda and savings from the estimated economic burden of the disease would save Nigeria about N687 billion in 2022 and N2 trillion by 2030. The President told the 16-member Council headed by […]Continue Reading

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Consumer Promo: Six Dangote Cement customers in Lagos now millionaires

By Ele Ifah Sunday August 10, 2022 141 0

…as Company promises N1billion rain for its customers Six consumers of Dangote Cement yesterday emerged as the first set of millionaires in Lagos with the Company presenting them with their winnings amidst pomp and pageantry in its ongoing “Bag of Goodies Season 3” National Consumer Promotion Several others also won prizes such as Television sets, […]Continue Reading

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Half Year: Dangote Sugar posts N29:73 bn profit

By Ele Ifah Sunday August 3, 2022 156 Post a comment

 Nigeria’s largest sugar refinery, Dangote Sugar Refinery Plc has recorded a profit before tax (PBT) of N29.73 billion for the half year ended June 30, 2022. According to the refiner’s unaudited results posted on the portals of the Nigerian Exchange, PBT rose by N10.97 billion compared to N18.76 billion recorded in the corresponding period in […]Continue Reading

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 Why prices of local rice continue to increase in spite of increase in domestic production

By Ele Ifah Sunday July 29, 2022 213 0

Daniel Adaji The price of locally-produced rice has continued to increase in Nigeria despite the increasing volume of rice production in the country. In 2017, it cost N16,000 on average to purchase 50kg of locally-produced rice. Due to multibillion Naira intervention by the Central Bank of Nigeria (CBN), under its Anchor Borrowers’ Scheme, the price […]Continue Reading

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Government’s subsidized fertilizers fail to reach rural farms in Kogi State

By Ele Ifah Sunday June 7, 2022 189 0

By Daniel Adaji Mr Edibo Friday is a father of one and a crop farmer with more than a decade of experience in Kogi state, North central Nigeria. Friday farms cassava, maize and cashew. He also farms soybeans and is a member of the Green Ally Farmers Cooperative in the Dekina Local Government of Kogi […]Continue Reading

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Russia invasion of Ukraine threatens food security in Nigeria

By Ele Ifah Sunday May 27, 2022 211 0

By Theophilus Abbah & Daniel Adaji In December 2021, the price of family size Grand loaf, one of the popular bread in Abuja, Nigeria, was N600 ($1.43). As of April 2022, the price jumped to N850 ($2.02), an increase of about 41 per cent. The reason for this rise is not related to domestic economic […]Continue Reading

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SPE, NCDMB Hail Dangote Petroleum Refinery’s World-Class Technology Application

By Ele Ifah Sunday April 20, 2022 161 0

The Society of Petroleum Engineers (SPE) and the Nigerian Content Development and Monitoring Board (NCDMB) have applauded Dangote Petroleum Refinery for its application of world-class technology in the construction of the 650,000 barrels per day refinery project. The two associations, which leaders were on a tour of the petroleum refinery project recently, expressed the Continue Reading

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Ogun Governor Visited Dangote Stand at The Gateway International Trade fair in Abeokuta

By Ele Ifah Sunday April 2, 2022 153 0

Ogun State governor, Prince Dapo Abiodun yesterday declared open the Gateway International Trade Fair holding in Abeokuta, the Ogun State Capital. The Governor and his entourage visited the pavilion of Dangote Industries Limited, during which the Dangote Team received the entourage and briefed them on the sales arrangement and special offerings from the Company at […]Continue Reading

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President Buhari impressed with Dangote’s $2.5bn Fertiliser plant

By Ele Ifah Sunday March 23, 2022 143 0

…surprised at the scale of investment; says nation set to witness agric boom President Muhammadu Buhari yesterday commissioned the new 3 million Metric Tonnes capacity per annum state-of-the-art Dangote Fertiliser Urea Plant, with an emphatic assurance that the project would give a huge fillip to Nigeria’s agricultural sector, which revitalization has been a focal point Continue Reading