NIGERIA'S main seaport at Apapa in Lagos State has been offered respite from the terrible gridlock that has characterised its operations for the last 20 or so years after the China Civil Engineering Construction Company (CCECC) revealed it has connected it by rail.
CCECC is the contractor building thee Lagos to Ibadan...
Ayo Akinfe
As the whole world moves away from crude oil Nigeria needs to set herself and ambitious target of making her railway network the new mode of transportation across the country.
Just look at how far we are behind other developing nations when it comes to kilometre of railway lines. In the 21st century,...
Ayo Akinfe
(1) If China comes up with a Covid-19 vaccine, Nigeria’s government wants a commitment that a pharmaceutical plant to manufacture the drug will be built in Nigeria. In addition, Nigeria wants sole distribution rights of the vaccine across Africa
(2) Nigeria wants a platoon of an elite division of China’s special...
NIGERIA has resumed importing refined petrol from China with 37,000 tonnes bought during the course of September as the nation grapples with the fact that its three refineries are not working and it will remain a net importer despite being a big crude oil producer.
Rather embarrassingly, Nigeria is a big petrol importer...
PRESIDENT Muhammadu Buhari has virtually inaugurated the 5,000 barrels per day modular crude oil Waltersmith refinery in Ibigwe in Imo State in a major step aimed at ending Nigeria's dependence on petrol imports.
Despite being Africa's largest crude oil producer and the sixth biggest exporter in the world, Nigeria is a big...
Ayo Akinfe
(1) They could have floated a Niger Delta Petroleum Company to bid for oil blocks
(2) They could have built a massive refinery as Aliko Dangote has just done
(3) They could have created a regional company like Odua Investment Industries which could have bought stakes in oil companies like Shell,...
NIGERIA'S federal government has signed an agreement with Niger Republic to resume the resumption of petrol products from her northern neighbour as part of a plan to combat domestic shortages due to limited refining capacity.
Despite being Africa's largest crude oil producer and the sixth largest exporter in the world,...
Ayo Akinfe
(1) British prime minister Boris Johnson has just announced that he will be spending an extra £16.5bn ($21.9bn) on defence over the next four years. Nigeria could help that money go far if the British outsource some of the work to us
(2) Just imagine the number of British firms that would be queuing up for a piece of...
FORMER Super Eagles midfielder Chris Obodo has been freed by the abductors who kidnapped him in Delta State yesterday evening after paying what is believed to be a handsome ransom fee to regain his freedom.
Obodo, 36, played most of his football in Italy with Serie A sides Udinese, Perugia, Fiorentina, Perugia and Leece,...
(1) The NNPC is to be privatised with the government holding a stake of no more than 25%. Foreign partners will hold about a 50% stake, with the company floated on the Lagos, New York, London, Frankfurt and Tokyo stock exchanges
(2) The NNPC will be recalibrated as a diversified conglomerate with a presence in manufacturing,...
