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National News

Gurara Irrigation Project to Feed North- Central States

May 2013 Economic Confidential

The Federal Government has said that the 6000 hectares of land in Gurara irrigation project, if fully developed and operate three cycles in a year is capable of feeding the entire North- Central States.
The Minister of Water Resources Mrs. Sarah Reng Ochekpe, announced this while inspecting the pilot irrigation project at Azara-Jere Gurara irrigation project located in Kagarko Local Government of K...

SURE-P, FERMA to create 42, 000 new jobs on Road Maintenance

May 2013 Economic Confidential

Comrade Peter Esele, a member of the Subsidy-Reinvestment and Empowerment Programme (SURE-P) has said that the partnership with Federal Road Maintenance Agency (FERMA) in maintaining national roads and bridges would create 42,000 new jobs by 2014.
Esele who is also the President of the Trade Union Co...

Okonjo-Iweala Claims Nigeria Now Best Invsetment Destination in Africa

May 2013 Economic Confidential

Nigeria is now the best investment destination in Africa. With a foreign reserve of nearly 50 billion dollars, a stable exchange rate, strong banking sector, massive human and natural resources, Nigeria has indeed become one of the most attractive investment destinations in the world.

The Coordinatin...

FG Votes $3.7bn for 20,000MW Power Transmission

May 2013 Economic Confidential

The Federal Government has approved the sum of $3.7 billion dollars to improve power transmission so as to wheel 20,000mw.

This was disclosed by the Vice President, Arc Mohammed Namadi Sambo at a meeting with Nigeria Canadian association greater Toronto area. At the interactive session attended by a...

Hydro- Power to the Rescue on Electricty Generation

May 2013 Economic Confidential

The Permanent Secretary of Ministry of Power, Ambassador Godknows Igali has said that because of environmental degradation associated with fossils power generation, the Federal Government is going to make hydro the focus of the new energy mix for the country.

Speaking with the European Union delegati...

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