bebe2: ahhhhhhhhhhhhh good news at last,

Rossikk: [size=16pt]Nigeria Approves $369m For Ship-Building Facility[/size]

October 24, 2013 Ehidiamhen Okpamen. Nigeria is focusing on right pact now. If Nigeria maritime is fully utilize, more than half the population will get job. But my prayer be say make dem nor shop d money


VENTURES AFRICA – Nigeria has approved a N58.6 billion ($369 million) fund for the construction of a ship building facility in the Niger Delta region of the country.

The country’s Minister of Transport, Idris Umar, told reporters that an initial N40.2 billion ($253.2 million) will be provided for the delivery of maritime equipment, with a further N18.4 billion ($115.9 million) for civil and structural engineering works.

According to him, the project will be situated in Delta State – a move that strategically targets Nigeria’s oil industry.

He highlighted the manufacturing deficit present in the shipping industry, which, according to him, costs millions of dollars in overseas vessel acquisition.

“We have a very serious dearth in the ship building capacity in the country and it is, therefore, imperative that we develop the facility in order to curtail the incessant capital flight that is being experienced by the Nigerian economy.

“Annually, we have to be acquiring vessels and ships outside the country which is telling on the economy,” the minister explained.

Once completed, the facility will help reduce the amount spent on procuring ships from foreign manufacturers.

According to the minister, the project has the propensity to drive sustainable development and capacity building in Nigeria’s maritime sector. “It will also help Nigeria to take its rightful place among the developed maritime nations across the world,’’ the minister added.

The project is in line with the West African nation’s drive towards local production of ships and other maritime facilities.

Presently, Nigeria operates 6 ports – Lagos Port Complex and Tincan Island Port Complex, as well as that of Rivers, Delta, Calabar and Onne.

http://www.ventures-africa.com/2013/10/nigeria-approves-369m-ship-building-facility/

Tolexander:

orisun

BetaThings:

Don't bother.
Tinubu was never charged. These cases started under Yaradua but Tinubu was not included
Tinubu was charged before Code of Conduct Tribunal under Jonathan for Having a foreign account. But that has been thrown out

.com:



Nigeria self

Handsomeemmy: NO fewer than 18 persons were on Monday killed in an accident involving a Toyota Hiace bus and a truck on the Lagos -Ore –Benin Expressway near Okada, Ovia North East council of Edo State.
The accident led to a gridlock on the busy expressway, which lasted several hours.
When contacted on the crash, the Edo State Sector Commander of the Federal Road Safety Commission (FRSC), KennethNwaegbe, confirmed that 18 persons were killed while two children survived. Among the victims were said to be 15 adults and two kids. It was also gathered that the driver of the truck alsodied.
Nwaegbe said the commercial bus belonging to Peace Mass Transit which left the Onitsha, Anambra State was coming from Benin to Lagos when an oncoming truck had a head on collision on the side of the road under construction.
He added: “What happened was that one of the tyres of the truck loaded withgravel pulled off, the driver lost control and rammed into the Toyota bus comingin the opposite direction.

Source: Guardian

aminho: President Jonathan arriving maiduguri airport the sword was giving to him by the borno elders to show Nigerians that u Kill by the sword and u DIE by the
sword!!!

italo:

Satan is also spreading his gospel. And wen d gospel has touched all nations then the end will come.