He advocated a N20bn, N30bn capital base for life, non-life companies, N50bn for composite firms.
The naira, however, weakened to all-time low of N1,210/$ on parallel market, official FX now N793.34/$
Minister Alake said Tinubu is focusing on the mining sector so as to reposition Nigeria for prosperity.
NLNG CEO Mshelbila said that Nigeria’s decade of gas policy will support global energy security.
The loan will also aid in promoting financial cooperation between Africa and China.
The North-east recorded the highest average retail price at N638.33, while the South-South recorded the lowest at N618.47 per litre.
The fleet of small river-going tankers is expected to help boost the country’s OPEC quota.
“Please be informed that the federal government is focused on deepening our gas market and ensuring decarbonisation of upstream operations."
P&ID had agreed in 2010 to build a gas processing plant in Calabar but the company said the deal collapsed…
He said food production, food security, and nutritional security were very important, as well as the need to create jobs…