STATES WARNED AGAINST PROMOTING CONFLICTING MINING RULES CAPABLE OF DISCOURAGING INVESTORS 

The Federal Government has cautioned state governments against creating independent mining regulations, saying conflicting policies could discourage investors and weaken ongoing reforms in Nigeria’s solid minerals sector. The Minister of Solid Minerals Development, Dr Henry Dele Alake, made this known in Abuja when he met with officials of the South-South Development Commission (SSDC), led by…

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ENCOURAGED BY SUGAR MASTER PLAN CHINESE CONGLOMERATE PLEDGES $1 BILLION DOLLAR INVESTMENT 

The National Sugar Development Council (NSDC) has signed a major Memorandum of Understanding (MoU) with SINOMACH, a Chinese conglomerate, for the development of a sugarcane cultivation and processing project capable of producing one million metric tonnes of sugar in the country. The MoU, which is an early dividend of the Nigeria-China Strategic Partnership—an initiative of…

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