The Minister of Information and Culture, Lai Mohammed recently disclosed that the Federal Government has approved N29.083 billion for projects in the Ministry of Works and Housing and Mines and Steel Development. According to the Minister of Information, N27.23 billion and N1.85 billion were approved to rehabilitate the 30km Idoani-Otuo Road and construct a 27km retaining wall […]
29
SepThe Minister of Industry, Trade and Investment, Niyi Adebayo, recently disclosed that the Federal Government has approved Phase II of its 10-year National Sugar Masterplan with the goals of creating over 100,000 new jobs. According to Mr Adebayo, public and private sector players in the sugar trade—such as Dangote, BUA and Golden Sugar—had created 15,000 jobs while[…]
29
SepThe World Bank has said it has approved $750m loan to Nigeria for State Action on Business Enabling Reforms. According to World Bank, the first tranche of the money should by received by December 2022. In a notification on the World Bank’s website, about $0.5m to $4m would be released to Nigerian states based on certain criteria.[…]
