LAGOS DECEMBER 17TH (NEWSRANGERS0-The Federal Government has signed a $10 billion development and Engineering, Procurement and Constructive (EPC) implementation framework agreement with a US firm: Sun Africa LLC. This agreement was signed on Wednesday at the US-Africa Business Forum (USABF) in Washington D.C. with the largest US renewable energy company operating in Africa. The pact,…
LAGOS JUNE 30TH (NEWSRANGERS)-The House of Representatives has alleged that more than $10 billion worth of the nation’s crude has been stolen via fraudulent fuel subsidy claims by the Nigerian National Petroleum Corporation (NNPC) and other industry stakeholders. The parliament has therefore constituted an ad-hoc committee to investigate the petroleum products subsidy regime between 2017…
LAGOS APRIL 8TH (NEWSRANGERS)-The African Development Bank Group on Wednesday announced the creation of the COVID-19 Response Facility to assist regional member countries in fighting the pandemic. The Facility is the latest measure taken by the Bank to respond to the pandemic and will be the institution’s primary channel for its efforts to address the…