Monday, 23 May 2016

SMEDAN to Create 1.5m Jobs as Kaduna Refinery Shut Down Again

Latest from the Economic Confidential, the factual, authoritative and accessible economic magazine
 
SMEDAN To Create 1.5m Jobs this Year
The Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Dr Dikko Umaru Radda, has said the agency will create 1.5 million jobs in the next six months.

Kaduna Refinery Shut Down Over Non-supply Of Crude Oil
The Kaduna Refining and Petrochemical Company (KRPC) has stop production following renewed activities of Niger Delta militants.
 
Again, Militants Bomb Agip Pipeline In Bayelsa
Suspected armed militants have blown up a crude pipeline belonging to the Nigerian Agip Oil Company (NAOC) in Southern Ijaw Local Government Area of Bayelsa State.
 
Navy Delivers 2 Seized Boats Laden With Rice To Customs
The Eastern Command of the Nigeria Customs Service (NCS) said the Nigerian Navy had assisted in intercepting two boats laden with smuggled rice in Calabar, Cross River.
 
Seme Customs Command Generates N3.2bn
The Seme Command of the Nigeria Customs Service (NCS) has generated N3.2 billion as revenue between January and April.
 
Buhari Urged to Intervene On Fishermen Compensation
The fishermen operating in the Atlantic coastline, have urged President Muhammadu Buhari to wade into the issue of outstanding oil spill compensation for them.
 
Kachikwu: FG To Revoke Unused Refinery Licences
About 25 licences that were given to private operators between 2002 and 2014 to build refinery complexes in Nigeria will be reviewed at again and those that have remained inactive will be revoked, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said.
 
MPC: Experts Push For N275-N285 Exchange Rate, MPR Hike To 14%
FOLLOWING the introduction of a new fuel price regime by the Government, experts have pushed for an upward review of the official ex­change rates from the current N197 to N275-N285 to a dollar, as Monetary Policy Committee(MPC)
 
'FG Will Reset Economy To Tackle Negative GDP Growth Rate'
As the latest statistics indicated that the nation's real Gross Domestic Product (GDP) growth rate from 2.11 per cent in the fourth quarter (Q4) of 2015 to -0.36 per cent in the first quarter (Q1 2016), the government is to review and analyse the latest growth data.

Ghana Plans 56,000 Solar Systems, 2mn Solar Lanterns
Ghana plans to install a total of 56,000 solar systems, two million solar lanterns and 200 mini-grids in pursuance with achieving the global target of access to affordable and clean energy by the year 2030.
 
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