COVID-19: NSIA donates $600,000 worth of medical equipment to 21 hospitals –MD nationalaccordnewspaper.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalaccordnewspaper.com Daily Mail and Mail on Sunday newspapers.
FG to begin procurement of highway concessions
They were attacked by the hoodlums who used wood to block the highway along the Nkalagu axis of Enugu/Abakaliki Expressway, Ishielu local government area of the state.
By
Fri Jan 29 2021
The Minister of Works and Housing, Babatunde Fashola, on Friday said the procurement of highway concessions would commence forthwith with the receipt of the certificate of compliance under the Highway Development and Management Initiative (HDMI).
In a press statement by the Director (Press and Public Relations) Boade Akinola, Fashola said the initiative is to facilitate development of Nigeria’s federal highway network by bringing in investment to improve efficiency, accountability and profitable entrepreneurship to the management and maintenance of all assets within the Right of Way on the highways.
Vanguard News
FG to concession 12 highways to private sectors
On
By Chris Ochayi – Abuja
Faced with reality of paucity of funds confronting it, the Federal Government, Friday, commenced the procurement process to concession 12 highways to the private sectors under the Public Private Partnership, PPP, scheme.
The concessions arrangement tagged the ‘Highway Development and Management Initiative HDMI’, being promoted by the Federal Ministry of Works and Housing, would attract investments to the tune of over N1.134 trillion.
The 12 highways selected for the pilot scheme include the Benin-Asaba, Abuja-Lokoja, Kano –Katsina, Onitsha-Owerri-Aba, Shagamu-Benin, Abuja-Keffi-Akwanga, Kano-Shuari, Potiskum-Damaturu, Lokoja-Benin, Enugu-Port Harcourt, Ilorin-Jebba, Lagos-Ota-Abeokuta, and Lagos-Badagry-Seme.
TODAY
January 28, 2021
Following the approval of the President, the Central Bank of Nigeria (CBN), has concluded plan to invest N50b to revamp the ailing Nigerian Commodity Exchange.
CBN Governor, Godwin Emefiele disclosed this while speaking at a meeting of critical stakeholders of the industry in Abuja on Thursday.
He said the meeting was aimed at putting in place the enabling structures and Framework that would lead to repositioning of the Exchange “into a commercially viable Platform in Nigeria for delivering efficient pricing of Nigeria’s Agric produce; among others”.
Emefiele explained that the key objective of meeting “is to brief stakeholders on Mr. President’s recent approval of a proposal to reposition the Nigeria Commodity Exchange (NCX), and thereafter discuss the modalities for repositioning the institution”.
CBN, NSIA to invest N50b in Nigeria Commodity Exchange
On
Godwin Emefiele, CBN Governor.
The Central Bank of Nigeria (CBN) and the Nigeria Sovereign Investment Authority (NSIA) are to invest a fresh N50 billion in the Nigerian Commodity Exchange (NCX), Abuja.
The Governor of the CBN, Mr. Godwin Emefiele, disclosed this , this afternoon, at the Inaugural Meeting of the Steering Committee, set up to reposition the exchange.
He said that the investment would be made through the Infrastructure Corporation (Infraco) in a push to make the exchange functional and halt the arbitrage of middlemen, under whom Nigerian farmers have suffered for decades.