SON Sanitizes Electrical Markets in Ekiti, Seizes Cables Worth N30.5m
The SON, he stressed, would not relent in its mandate of ensuring that only quality products are allowed in the markets.
The SON, he stressed, would not relent in its mandate of ensuring that only quality products are allowed in the markets.
The plant has the capacity to assemble and produce 10,000 trucks annually. It is a joint venture, controlled by Dangote with a leading share of 65% and Sinotruck of China with 35%.
To achieve this, the development partners estimated that a total investment of around 5 billion USD in industrial and semi-industrial production facilities will be needed
Prof. Ike-Muonso reminded participants drawn from Directorate cadre and Heads of Divisions that RMRDC occupies a critical position in Nigeria’s economic and industrial development aspirations.
They are laying irrigation pipes, they are completing other infrastructure, they are expanding their factories and rehabilitating them, and so on.
The US$925 million accordion arrangement raises the total amount disbursed to US$3.175 billion.
The food packaging giant also announced the launch of an aseptic beverage carton featuring a paper-based barrier, reducing its carbon footprint by 33 percent
In December 2023, the World Bank approved a $750m facility to boost renewable energy in Nigeria, to provide over 17.5m Nigerians with improved access to electricity through distributed renewable energy solutions.
The facility was designed to address one of the most pressing challenges in the energy sector—stranded gas resources, by providing infrastructure for gas gathering, compression, injection, metering and reducing gas flaring in the area.
By leveraging renewable energy technologies and innovative financing models, we can drive sustainable growth and create a more equitable playing field.