FREE TRADE ZONES (CALABAR & KANO FTZs)
BACKGROUND (KANO FREE TRADE ZONE ) Kano state is in close to many other West African Countries like Chad, Niger, Mali etc. which could serve as export markets for the companies. Kano is the largest consumer market in Nigeria,...
BANK OF AGRICULTURE
BACKGROUND The Bank of Agriculture Limited (BoA) is a Nigerian national agricultural and rural developmentfinance institution, wholly owned by the FGN. The Bank was incorporated as Nigerian Agricultural Bank in 1973 and in 1978, was renamed Nigerian Agricultural and...
RIVER BASIN DEVELOPMENT AUTHORITIES (RBDAS)
BACKGROUND River Basin Development Authorities (“the RBDAs” or the “the Authorities”) were created to harness and develop the nation’s water resource potentials and serve as veritable vehicles for comprehensive and integrated rural development in Nigeria. CURRENT STATUS Shareholding Structure :100%...
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...
LAGOS INTERNATIONAL TRADE FAIR COMPLEX (LITFC)
BACKGROUND The Lagos International Trade Fair Complex located along Lagos-Badagry Expressway, a major gateway into Nigeria from the West African coast, was commissioned in 1976 as an international trade hub to cater for trade with countries along the west coast....
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%...
NIGERIA FILM CORPORATION
BACKGROUND The Nigerian Film Corporation (NFC) is the frontline film agency of the Federal Republic of Nigeria. It was established in 1979 under Decree No.61 of 1979. The NFC is a parastatal of the Federal Government of Nigeria under the...
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...
ZUNGERU HYDROPOWER PROJECT
The Zungeru hydropower project is a 700MW hydroelectric facility built with Chinese assistance on the upper and middle reaches of the Kaduna River in the Niger State of Nigeria. The project is estimated to cost $1.3bn. Zungeru is the biggest...
BPE’ll Ensure Hydro Plant Operators Develop Host Communities-Okoh
The Bureau of Public Enterprises (BPE) says it will collaborate with the Hydroelectric Power Producing Areas Development Commission (HYPPADEC) to better the lot of host communities of Hydro-Power Plants in the country. Director General of the Bureau of Public Enterprises...
