Nigeria Today: Top 10 News Stories You Shouldn’t Miss

1. Four African countries-Nigeria, Burkina Faso, Ghana and Tanzania – are to benefit from the $3.3 million grant provided by Bill and Melinda Gates (BMGF) and the German Development Cooperation (BMZ), under their Competitive African Rice Initiative (CARI) project. 2. In a deliberate effort to get Nigerian school children to embrace trends in science and technology, the National  Office for Technology Acquisition and Promotion (NOTAP), has developed a concept that would enhance their appreciation of the course in the schools. 3. Schneider Electric, the global specialist in energy management, in partnership with the National Power Training Institute of Nigeria (NAPTIN) will train over 400 electricians in a programme, which begins next month. 4. The Federal Government is being forced to revalidate contracts entered into by the defunct Power Holding Company of Nigeria, PHCN, for the supply of electricity metres to Nigerians before the privatisation of the generation and distribution segments of the power sector. 5. Enterprise Development Centre (EDC), the entrepreneurial development unit of the Pan-Atlantic University, which seeks an integrated approach to entrepreneurial development in Nigeria has commissioned its Green building. 6. A leading mortgage Bank, Resort Savings and Loans Plc recently received approval for N1.5 billion mortgages for more than 125 beneficiaries under National Housing Fund Scheme. 7. Nigeria’s ground handling operator, NAHCO Aviance, has signed on the Nigeria Security and Civil Defence Corps (NSCDC) to shore up security at the nation’s foremost airport, the Murtala Muhammed International Airport, Ikeja, Lagos. 8. The Bank of Industry Limited has announced a N2.2 billion Cassava Bread Fund Initiative for 174 Members of the Association of Master Bakers of Nigeria. The money is being disbursed to the beneficiaries in form of loans and grants by the bank in collaboration with the Federal Ministry of Agriculture and Rural Development. 9. The Federal Government has announced its intention to buy electricity from private producers of embedded power across the country. This, according to the government, is to ensure the availability of electricity to areas currently experiencing poor power supply. 10. For the first time in the history of housing development and finance in Nigeria property market, developers and mortgage banks are coming together to provide housing stock and loan facility with the aim of making houses affordable for buyers.              

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This article was first published on 10th February 2015

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