BUSINESS

Gombe Agric Ministry Denies Fraud In CBN Loan

Daily Dispatch August 14, 2017

The Gombe State Ministry of Agriculture has denied a recent report by an online medium, alleging that officials of the ministry extorted money from farmers who applied for the Central Bank of Nigeria (CBN), loan under the Anchor Borrowers Programme. A statement issued by Alhaji Dahiru Buba

BUSINESS

Dangote to commit $450m to agric business in Niger

Daily Dispatch August 14, 2017

Alhaji Aliko Dangote, the President of Dangote Group, on Monday said the company would invest $450 million in agriculture in Niger State over the next three years Dangote, who made this known during the 2017 Niger State Investment Summit in Minna, said the funds would be used to establish a large scale rice processing mill […]

BUSINESS

Move Nigeria away from dependence on oil- Ben Bruce urges Buhari

Daily Dispatch August 14, 2017

Senator Ben Bruce representing Bayelsa East senatorial district has called on President Muhammadu Buhari to restructure Nigeria and move the economy away from dependence on oil. Bruce noted that the over dependency on oil is detrimental to the future of the country because soon, oil wells will dry up and the world is fast moving […]

BUSINESS

Nigeria to begin fertiliser exportation

Daily Dispatch August 13, 2017

The Executive Secretary of the Fertiliser Producers and Suppliers Association (FEPSAN), Alhaji Ahmed Rabiu Kwa, says Nigeria will begin to export fertiliser in the next five years going by the programme of the Presidential Fertiliser Initiative (PFI). Kwa in an interview with the News Agency of Nigeria (NAN) in Abuja said the PFI of the […]

BUSINESS

N360m grant for modular refinery in Nigeria

Daily Dispatch August 13, 2017

The U.S. Trade and Development Agency (USTDA) has approved a grant of $1 million (N360 million) for the detailed engineering design of 20,000 barrel per day (bpd) modular refinery in Lagos. Mr Enyeribe Anyanwu, Head, Media Communications of Integrated Oil and Gas Ltd., disclosed this in a statement made available to newsmen in Lagos on […]

BUSINESS

Why traffic gridlock persists at Wharf-Apapa road

Daily Dispatch August 11, 2017

The incessant traffic gridlock experiencing by business owners and residents as well as road users at Apapa has become worrisome on daily basis despite the recent Memorandum of Understanding signed by the Federal Government, AG Dangote, Flour Mills and Nigerian Ports Authority to end the menace. Daily Dispatch Newspaper recalls that the problem is as […]