Archives Tag: Coal Mining

BUSINESS Did You Know?

Did You Know? Nigerian Cities That Were Established for Commercial Reasons

April 19, 2022

This writer finds the history of Nigeria fascinating. Why shouldn’t you be thrilled by the stories of the once great kingdoms of the Atlantic coast and the glittering riches of the northern emirates? What isn’t there to be marveled by in the ancient oars of merchants that crossed the Niger Delta in the 16th century, … Continue reading Did You Know? Nigerian Cities That Were Established for Commercial Reasons

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News

Federal Government Offers Mining Companies Three Year Tax Holiday

April 19, 2022

The Minister of Mines and Steel Development, Kayode Fayemi, on Wednesday, announced that the Federal Government was offering investors in Nigeria’s mining industry a three-year tax holiday in order to make it easier for them to operate within the country’s borders. This policy forms part of a wider long-term program initiated by the government to … Continue reading Federal Government Offers Mining Companies Three Year Tax Holiday

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Energy News

Nigeria Signs $3.7 Bn Coal Power Project with Chinese Firm

April 19, 2022

HTG-Pacific Energy Consortium and The Federal Ministry of Mines and Steel Development have signed a $3.7 billion deal for a coal power project at Ezimo Coal Block in Enugu State and a 1,000 megawatts coal power generating plant. This will add about 1200 megawatts of electricity to the national grid within 48 months. Minister for … Continue reading Nigeria Signs $3.7 Bn Coal Power Project with Chinese Firm

By sheyi

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