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80m lack access to electricity –World Bank

December 6, 2017 BluePrint Newspapers 0

Stories by Benjamin Umuteme The World Bank has said that 80 million Nigerians do not have access to electricity adding that millions more suffer from poor service. World Bank Global Lead, Energy Access, Mr. Mac Cosgrove-Davies during the opening ceremony of the “4th Mini Grid Action Learning Event yesterday in Abuja. Speaking on the theme: “Upscaling Mini Grids for Low-Cost Read More

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NNPC battles to contain fuel scarcity

December 6, 2017 BluePrint Newspapers 0

By Benjamin Umuteme Abuja Fuel queues have resurfaced in the federal capital territory despite assurances from the Nigerian National Petroleum Corporation (NNPC) that it has enough fuel reserve to last the country for the next one month. Blueprint correspondent who went round the city centre, said many filling stations except the NNPC mega station, refused to sell fuel to motorists. Read More

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PFAs investment in infrastructure hits N5.38bn

December 6, 2017 BluePrint Newspapers 0

By David Agba Abuja Investments by Pension Fund Administrators (PFAs) in infrastructure in the country has reached N5.38 billion, the Chairman, Pension Fund Operators Association of Nigeria, Mr. Eguarehide Longe has said. This is just as the National Pension Commission (PenCom), disclosed that the total assets under the management of the Contributory Pension Scheme rose to N7.09tn at the end Read More

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Dangote, only African in Bloomberg’s most influential people list

December 6, 2017 BluePrint Newspapers 0

By David Agba Abuja Aliko Dangote was honoured at the Bloomberg 50 annual gala dinner at New York’s iconic Gotham Hall. Bloomberg’s list of 50 most influential names who have had an impact on the world in 2017 included Mr. Dangote, Africa’s richest person, for his outstanding commitment of over $4 billion to increase Nigeria’s food production capacity. Represented in Read More

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Abuja Industrial Park and the ministerial life-line

December 6, 2017 BluePrint Newspapers 0

By Ayuba Ahmad The concept of the Abuja Industrial Park (AIP), elicited quite a wide range of interest when the news broke out in 2010, initiated and promoted by Zeberced Nigeria Limited, a Turkish Business interest that has been operating in the construction and infrastructural development sectors in Abuja since 2007 The Industrial Park promised to be a phenomenal development Read More

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Barclays Africa, China Devt Bank sign pact on projects in Africa

December 6, 2017 BluePrint Newspapers 0

Barclays Africa Group Limited (BAGL) and China Development Bank (CDB) have signed a memorandum of understanding (MoU) that will help fund development projects in Africa. CDB’s focus on infrastructure finance for roads, railways and dams, while Barclays Africa will leverage on the MoU to unlock opportunities in order to strengthen its contribution towards Africa’s economic growth and development. Barclays Africa Read More

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Nigeria constrained by rising debt profile – Moody

December 6, 2017 BluePrint Newspapers 0

By Benjamin Umuteme with agencies Rating Agency, Moody has observed that Nigeria’s credit profile is constrained by the continued exposure of the sovereign balance sheet to shocks, weak institutions and elevated deficits. It will be recalled that the Agency had downgraded Nigeria on B2 (stable). According to Moody in a new report, titled “Government of Nigeria — B2 stable, Annual Read More

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Transport Policy : Amaechi tasks committee on IT use

December 6, 2017 BluePrint Newspapers 0

By Adeola Tukuru Abuja Minister of Transportation, Rotimi Amaechi, has charged the Inter-Ministerial Committee for the finalisation of the Draft National Transport Policy to adopt the use of Information Technology in order to formulate a Transport Policy for the country. Amaechi, noted this yesterday in Abuja during the presentation of report of the Inter-Ministerial Committee for the finalisation of the Read More

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FG set to assist artisanal miners with N5bn BOI fund

December 6, 2017 BluePrint Newspapers 0

The federal government has set aside N5 billion to empower artisan miners across the country as part of measures to ensure participation of all Nigerians in economic development. The Minister of Mines and Steel Development, Dr. Kayode Fayemi, said this at the weekend when he inspected the gold mining site at Garin Awal Fakai Local Government Area of Kebbi State. Read More

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ILO to launch social protection report 2017 – 2019

December 6, 2017 BluePrint Newspapers 0

The new ILO Assistant Director-General and Regional Director for Africa, Ms. Cynthia Samuel-Olonjuwon and the ILO Director of Social Protection, Ms. Isabel Ortiz, will undertake an official visit to Abuja, Nigeria from 10-13 December 2017 to launch the World Social Protection Report 2017-2019. The Universal social protection is a basic human right essential for advancing social justice, promoting inclusive growth Read More

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‘Furniture making not meant for illiterates alone’

December 5, 2017 BluePrint Newspapers 0

Before now, furniture making used to be seen as a venture for illiterates, but society has changed that perception, as more enlightened and educated persons have ventured into the business. Abdulhakeem Olaiya, owner of Olaiya Furniture, explains to ADEOLA TUKURU It is so common in Nigeria today that white collar jobs are scarce to come by as youths have failed Read More

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SMB-Consortium to build $3bn bauxite refinery in Guinea

December 5, 2017 BluePrint Newspapers 0

By Benjamin Umuteme Abuja The SMB-Winning consortium, has planned $3 billion total investment to build an alumina refinery in Guinea as well as a railway to open up the Boffa corridor and to carry bauxite to the refinery and the Dapilon river port in Guinea The company says it is beginning the feasibility and social and environmental impact studies in Read More

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Dangote partners Jumia to sell cement online

December 5, 2017 BluePrint Newspapers 0

By David Agba Abuja In a new move designed to reduce price and ease logistics inherent in the purchase of its products, the management of Dangote Cement Plc has signed a pact with the foremost e-commerce platform Jumia Nigeria to offer for sale its cement to customers online. At the unveiling of the deal in Lagos, Dangote Cement, Key Account Read More

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$29m debt: Maritime workers vow to shut firm

December 5, 2017 BluePrint Newspapers 0

By Ajibola Abayomi Lagos Following the inability of the Saipem Contracting Nigeria Limited to pay members of the Maritime Workers Union of Nigeria (MWUN) a total a sum $29 million (N10.6 billion) being the cost of services rendered at the port, the union has vowed to shut down operations of the company. President-General of MWUN, Comrade Adewale Adeyanju, disclosed this Read More

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Inventors: ‘Nigeria can equal China if…’

December 5, 2017 Binta Shama 0

Mr Terfa Timothy Addingi, a 44-year-old craft designer of tractors, ‘specially designed and built in Nigeria’ says ‘with inventors like me, and with supports from government, private sector and investors, Nigeria will become an envy of success like China in few years to come.’ BINTA SHAMA reports How did you get the motivation for these invention? Being an indigene of Read More

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Can cash from Nigeria’s yam export replace oil revenue?

December 5, 2017 BluePrint Newspapers 0

Can Africa’s biggest economy swap its addiction to oil for the starchy tubers that millions line their bellies with each day? ISHAQ KHALID of BBC Africa wonders “It’s our biggest hope,” says Nigeria’s Minister of Agriculture and Rural Development Audu Ogbeh. The global slump in oil prices has hit the West African nation hard, where oil exports make up more Read More

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‘Ogun loses N5bn monthly to illegal revenue collectors’

December 5, 2017 BluePrint Newspapers 0

By Peter Moses Abeokuta Ogun state Governor, Senator Ibikunle Amosun, yesterday disclosed that the government “loses between N3 billion and N5 billion to illegal revenue collectors and points across the state. Amosun made the disclosure yesterday while flagging off a policy to eradicate multiplicity in haulage revenue collection held at the June 12 Cultural Centre, Kuto, Abeokuta. He said it Read More

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NIPR vows to fish out quacks

December 5, 2017 BluePrint Newspapers 0

By Usman Ibn A. Lapai Kaduna Nigerian Institute of Public Relations (NIPR) has stated that it would not relent in its efforts toward fighting quacks in the profession and fish them out. Its national vice-president, Malam Mukhtar Sirajo, disclosed this recently at the maiden edition of the orientation and documentation of newly registered members of the Kaduna state chapter of Read More

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No plan to increase fuel price – NNPC

December 5, 2017 BluePrint Newspapers 0

By Benjamin Umuteme Abuja Nigerian National Petroleum Corporation (NNPC) has once again emphasised that there “is no plan to increase the prices of petroleum products both at the ex-depot level and pump price ahead of the forthcoming Yuletide.” The NNPC, in a statement issued yesterday, stated that the ex-depot petrol price of N133.38 per litre and the pump price of Read More

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NSME lists constraints against mining sector

December 5, 2017 BluePrint Newspapers 0

By Usman Ibn A. Lapai Kaduna The Nigeria Society of Mining Engineers (NSME) has tasked the federal government to provide necessary equipment and resources required to ensure the country produces the needed manpower that would help diversify the country through the solid minerals sector. President of NSME, Dr. Ebenezer Damisa, made the call while briefing the press at the Nigeria Read More

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FG begins revised import, export guidelines implementation Jan 1 

December 2, 2017 Benjamin Umuteme 0

  As part of effort to enhance ease of doing business in Nigerian, Federal Government is to commence the implementation of the 2017 Revised Import and Export Guidelines in January 2018. The Minister of Finance, Mrs Kemi Adeosun said at a sensitization workshop on the 2017 Revised Import and Export Guidelines in Lagos, added that imports already prepared for shipment Read More

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Emefiele tasks graduates on job creation

December 2, 2017 Benjamin Umuteme 0

  The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has challenged the graduating students of University of Nigeria, Nsukka (UNN) to explore and take advantage of the present challenges confronting the country to become employers of labour. Mr. Emefiele gave the charge while delivering the 47th Convocation Lecture at University of Nigeria, Nsukka , in Enugu state, noted Read More

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CAR is Afremixbank’s latest entrant

December 2, 2017 David Agba 0

By David Agba The number of African countries represented on the African Export-Import Bank (Afreximbank) as participating states and/or shareholders has risen to 49 with the presentation of an Instrument of Accession to the Bank by the Central African Republic in Bangui yesterday. The presentation of the instrument took place during a visit to President Faustin-Archange Touadéra of Central African Read More

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…US reiterates commitment to assist Nigeria

December 1, 2017 BluePrint Newspapers 0

By Awaal Gata Abuja United States of America (USA) has restated its commitment in helping Nigeria in curbing the scourge of HIV/AIDS in the country. US restated its commitment during the commemoration of this year’s World HIV/AIDS in Abuja yesterday. The programme took place at Government Secondary School, Wuse, and it involved more than 200 Senior Secondary School students from Read More

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