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On-going Transactions

FEDERAL CAPITAL TERRITORY WATER BOARD

BACKGROUND This Act established the Federal Capital Territory Water Board charged with the responsibility for providing safe, adequate and affordable water supply services to the residents of the Federal Capital Territory, Abuja. It defines objectives, functions and powers of the Board and also defines various offences relating to water under the control of the Board. …

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SALE OF FGN SHARES IN SAVE SUGAR COMPANY (SCC)

Save Sugar Company was established in 1982 and started production in 1983. Save Sugar Company is a joint venture between Nigeria and Benin Republic with the following shareholding structure: 1 Federal Government of Nigeria 46% 2 Republic of Benin 49% 3 Lonrho (Technical Partner) 5%     100%  

NIGERIA POSTAL SERVICES (NIPOST)

BACKGROUND The postal sector is a critical part of every country’s information and communication infrastructure and its role is crucial in the  economy if driven by information and communication technologies. Declining mail volumes and increasing competition from private sector operators have rendered core postal services financially unviable and unsustainable. This has, world-wide, inevitably led to …

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