The Minister of Works Dave Umahi says the Lagos-Calabar coastal road construction will take eight years and cost N4 billion per kilometre. Umahi spoke today while fielding questions about the project on Channels Television. “We are looking at eight years in the life tenure of Mr President [Bola Tinubu],” he said. The minister said each [&helli...
•Port Harcourt refinery The federal government has said the Port Harcourt Refinery is 80 per cent completed and would produce two million litres of Premium Motor Spirit, otherwise known as petrol, and 2.2 million litres of diesel per day upon resuming operations. In a statement by the Director, Press and Public Relations in the Federal [&helli...
The federal government, yesterday, insisted that there is a need to bring on stream the controversial Oil Prospecting Licence (OPL) 245, adding that the 28 years of legal battle over the lucrative asset must end. The $1.3 billion sale divestment of ExxonMobil asset to Seplat is also 98 per cent completed, and would be finalised […]