By Yakubu LAAH investadvocate Oct 15 2010 05.00 GMT   Lagos (investadvocate)-The total investment required for the First National Implementation Plan (NIP) of the Nigerian Economic Summit Group (NESG) is estimated to take N32 trillion.   This was contained in an address by the Shamsudeen Usman, Minister of National Planning […]

By YEMI KOLAPO Friday, 15 Oct 2010       Maintaining an excess crude account in Nigeria has been a subject of heated controversy. The Managing Director, World Bank, Dr. Ngozi Okonjo-Iweala, however, told journalists during the just concluded World Bank/International Monetary Fund meetings in Washington, DC, United States, that Nigeria […]

By Sunday Ojeme, Abuja Friday, 15 Oct 2010    Nigeria is currently losing over $16bn to the importation of equipment and facilities in the oil and gas industry, as well as payment for the services of foreign technical personnel.According to the Executive Secretary, Petroleum Technology Development Fund, Mr. Muttaqha Darma, […]