The Federal Government plans to grant tax waivers on imported equipment to be used in the mining sector, the Minister of Solid Minerals Development, Dr. Dele Alake said on Wednesday. A statement by the minister’s special adviser on media, Mr. Segun Tomori, quoted the minister as saying this when he met with his Saudi Arabian counterpart, Bandar AlKhorayef, on the …

The Federal Government has commenced discussions with a Chinese firm, Luan Steel Holding Group, to build a new steel plant in Nigeria and commence the construction of military hardware at the Ajaokuta Steel Plant. The plan is coming as part of the FG’s efforts to industrialise Nigeria through the steel industry. This formed the crux of the visit by a …

Lagos State Governor, Mr. Babajide Sanwo-Olu, on Friday, reiterated his administration’s commitment to reforms and economic incentives that will improve Ease of Doing Business and enhance investment opportunities. The governor said that he would continue to pursue actions that would eliminate red tapes and regulatory impediments hindering the growth of businesses in the State, demonstrating his willingness for continued collaboration …