Nigeria, African losing billions of dollars to illegal Wildlife exploitation
Nigeria joined the global community to mark the World Wildlife Day on Sunday with the theme, ‘Life Below Water: For People and Planet’.
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How Nigeria can make billions from shea butter value chain – Daily TrustShea butter, mainly used in Africa as waterproofing wax, cooking oil, hairdressing, in candle-making, and as an ingredient in medicinal ointments, is derived from shea nuts, which Nigeria is known world-wide as its major producer. Experts including the Director-General of the Raw Material Research and Development Council (RMRDC), Professor Hussaini D. Ibrahim agreed that Nigeria …
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Nigeria gets N4 billion investment in military clothing factory – Daily TrustThe Nigerian Defence Industries Corporation (DICON) through the Ministry of Defence (MOD) has entered into a Public-Private Partnership with Sur Corporate Wares of the Republic of Turkey.
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Nigeria loses over N1.81trn to contract dispute cases - Abuja Chamber – Daily TrustNigeria has lost over N1.81 trillion ($5 billion) over the years resolving contract disputes that could have been resolved at less cost using alternative dispute resolution (ADR) mechanism. This was revealed by the President of Abuja Chamber of Commerce and Industry (ACCI), Prince Adetokunbo Kayode, yesterday, while inaugurating the planning committee for an upcoming government …
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Nigeria loses $18bn yearly to illicit financial flows - NEITI – Daily TrustNigeria is losing between $15billion and $18 bn every year to illicit financial flows (IFFs), the Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI) Mr. Waziri Adio said yesterday. Illicit financial flows (IFFs) which is a global challenge are simply monies legally earned but illegally transferred and vice versa, or monies illegally earned …
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Nigeria has lost 90% of its original forest cover – Expert – Daily TrustThe Director, Cross River Landscape Programme of Wildlife Conservation Society of Nigeria, Dr Ina-Oyon Imong, says Nigeria has lost 90 per cent of her original forest cover due to human activities. Imong who stated this in Calabar on Sunday during the celebration of the World Wildlife Day, said over 50 per cent of the remaining …
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Nigeria loses $16bn to non-review of 1993 PSC deals - NEITI – Daily Trust*says losses could be up to $28bn The Nigeria Extractive Industries Transparency Initiative (NEITI) said the country has lost at least $16billion over a ten-year period (2008 – 2017) due to non-review of the 1993 Production Sharing Contracts (PSCs) with oil companies. NEITI said in a statement by its spokesman, Dr. Orji Ogbonnaya Orji, that …
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Nigeria lost $16bn to non-review of production contracts – NEITI – Daily TrustThe Nigeria Extractive Industries Transparency Initiative (NEITI) has said the country lost at least $16billion over a ten-year period (2008 – 2017) due to non-review of the 1993 Production Sharing Contracts (PSCs) with oil companies. NEITI said in a statement yesterday by its spokesman Dr. Orji Ogbonnaya Orji that it arrived at the figure from …
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Presidential election result: Nigeria Stock market loses N196 billion - Premium Times NigeriaNSE on Thursday continued to react negatively to the outcome of the presidential election with the market capitalisation losing N196 billion
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Shell: Nigeria’s Multi-billion Dollar Tax Claims May Delay Bonga Project - THISDAYLIVEChineme Okafor in Abuja with agency report Royal Dutch Shell yesterday disclosed that the federal government’s recent claims that it owed Nigeria billions of dollars of unpaid oil and gas-related taxes could delay the development of its major oil field – the Bonga South West deepwater oil field located off the coast of the country. …
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Nigeria Decides: Three African Presidents reacts to Buhari's second term victory - Daily Post NigeriaThree African presidents have congratulated President Muhammadu Buhari on his re-election as Nigeria's leader for a second term following his victory in th
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