by Shikenan Staff Writer   on Thu, August 2, 2012 
online nigeria| weekly round up by Aug 2


We skip the Nigerian political scene & gossip. We go straight to finding opportunities, innovative , informative , and good to know articles that matter to Nigerians in Diaspora happening each week around the internet. Weekly Roundup | The best of Nigeria Online (July 27-Aug 2)

Investments in Nigeria

  • APM Terminals invests N30.4bn in capital projects : Dallas Hampton, the Managing Director of APM Terminals (APMT), Lagos, says the company has invested more than 190 million dollars (N30.4 billion) in automated processes and equipment in six years.
  • Oil Giant Invests U.S.$4 Billion in Nigerian Projects : Royal Dutch Shell Plc, operator of Shell Petroleum Development Company (SPDC) of Nigeria, Thursday said it would invest about $4 billion with its joint venture partners in two oil and gas projects in the country.
  • Minister lists opportunities in agric stocks : Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, has said that there are many investments opportunities in the consumer goods companies listed on the Nigerian Stock Exchange, as a few of them source their raw materials locally.
  • Saipem bags $800 million contract in Delta : Italian firm, Saipem has been awarded a new E&C Onshore contract in Nigeria worth over $800 million. The lump sum turnkey contract has been awarded for the SSAGS (Southern Swamp Associated Gas Solution) project to be developed at sites located 65 km southeast of Warri.
  • Oyo to partner Canada on development : Governor Abiola Ajimobi of  Oyo State has expressed his administration’s willingness to partner with the Canadian government on renewable energy, vocational training and agriculture.

Nigerian Real Estate News

  • FG commits N7bn to National Library building : The Federal Government has disclosed that it had committed the sum of N7 billion so far to the ongoing construction work on the National Library Headquarters in Abuja, the Federal Capaital Territory.
  • FG to increase access to housing by 2013 : The Minister of Housing, Ama Pepple, on Monday, said her ministry was working towards increasing access to quality and affordable housing for Nigerians to 37 percent by the end of 2013.

Opportunities for Nigerian / African

  • Abuja beauty queen donates writing materials : The Queen of Aso, Miss Joy Onumajuru has donated educational materials to pupils of local Education Autority (LEA) Primary School in Tundunwada in Bwari Area Council in the Federal Capital Territory(FCT).
  • Fashola awards N256m to public schools : The Lagos State Government, on Thursday, gave out N256 million to 128 junior and senior public secondary schools as prize money for impressive performance.
  • Kwara acquires 4,000 hectares for farm settlement : The Kwara Government has set aside 4,000 hectares of land for setting up of farm settlements across seven local governments in the state. The state Commissioner for Agriculture and Natural Resources, Mr Bode Olayemi, told newsmen at the weekend that the land was being surveyed by the government.
  • CBN to train 5,000 youths : CALABAR-Central Bank of Nigeria Development Centre is to train and empower 5,000 youths annually from the South-South geo-political zone in small and medium enterprise.
  • Nigeria to get £300m yearly from UK by 2015 : GOVERNMENT of the United Kingdom, through its Department for International Development (DfID), has said it will provide £300 million per year by 2015, as development assistance for Nigeria.

Innovation in Nigeria / Africa

  • South African schoolboy wows Google with Kruger wildlife-tracking website : Today's tourists, armed with cameras instead of guns, still find timing is everything when scanning the savannah for buffalo, elephant, leopard, lion and rhino. However, A 16-year-old schoolboy has found a hi-tech solution. Nadav Ossendryver's website, Kruger Sightings, provides real-time updates on wildlife sightings in South Africa's world famous Kruger national park.


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