Author: ebube
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Stakeholders Call for Re-evaluation of Housing Laws
Worried by the increasing housing deficit in the country, stakeholders in the sector have called for the re-evaluation of the nation’s extant laws. According to them, Nigeria’s laws, as presently constituted, hinder the growth of the housing sector. They noted that the sector had the potential for job creation, socio-economic growth, enhanced Gross Domestic Products/internally…
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Experts Identify Technology, Real estate as Growth Drivers of Economy
Experts have identified investments in technology, real estate as growth drivers needed to boost the nation’s economy on sustainable basis. According to them, if investors, entrepreneurs and regulators of sectors that drive the economy can continue to intensify collaboration, the future of technology in Nigeria and Africa appears promising. They also stressed the need for…
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Nigerian Government Overhaul’s Refineries To Drive Local Production
To achieve its 2023 target of ensuring local refineries operate optimally, the Federal Government has said it has begun the overhauling of the facilities, commencing with the Port Harcourt refinery. Giving itself a three-year deadline, the Nigerian National Petroleum Corporation (NNPC), said it plans to review operations of the refineries, support condensate plants, and open…
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Political Risk Threatens Nigeria’s Oil Sector Recovery
In Nigeria’s oil sector, debts are being settled—albeit gradually—and financial backing for new projects is being put in place, but investors remain cautious. The Nigerian government claims to be making headway in putting the oil industry’s finances in order and stimulating investment. But the international oil companies (IOCs) will want to see the outcome of…
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