Government meets banks on intervention fund for steel, mines

Fayemi
He stressed that government is committed to creating 2,000 jobs annually as the sector would help absorb such talent over the coming decade, adding that mining can be an important part of the solution sector when the intervention fund kicks off as a way of assisting operators to making the business viable and profitable.” He further disclosed that the Ministry of Steel has begun to revalidate licences issued in the past years that had not been put to use.

Read more at: http://www.vanguardngr.com/2016/05/govt-meets-banks-intervention-fund-steel-mines/
The Federal Government said it has met with banks to fine tune how to provide intervention fund to revive the ailing steel and mining sector. Minister of Solid Minerals, Dr. Kayode Fayemi, who disclosed this in Lagos at a breakfast meeting with operators organised by Stanbic IBTC Plc said the Federal Government will not sell Ajaokuta Steel but will concession it to private investors.

Read more at: http://www.vanguardngr.com/2016/05/govt-meets-banks-intervention-fund-steel-mines/
 

Comments

Post a Comment

Popular posts from this blog

ON THE NEW COLOURS & LOGO FOR CROSS RIVER STATE NIGERIA

Image
Cross River State Logo As part of the celebration of the State’s 50th anniversary, the Governor and his Executive Council have decided to deprive the State of her famed brand identities namely- the colours, motto and logo. A government official told pressmen that the State colours will be changed in the next few days. It is said the colours of red and white will replace the colours of blue and white. The new red and white logo also has a bull in the middle signifying the ‘energy’ behind the activities in the State and the 18 stars encircling the logo represent the 18 local governments of Cross River State. •Analyzing the changes and the reasons for them, one will see that the State Executive Council has no compelling reason to change the State logo. They are simply looking for mundane undertakings just to lay claim to having marked the State’s golden jubilee. How can they change the State logo which is unique in all its ways into that new thing that looks like the ...
enyagist.blogspot.com

PROFESSOR BEN AYADE, THE DIGITAL GOVERNOR OF CROSS RIVER STATE. ( A FARMER THAT SOWS WITH FATE )

Image
A FARMER THAT SOWS WITH FATE With genuine inspirational dreams to revolve Cross Ri ver State into an Industrial hop, the digital Governor, Prof. Ben. AYADE can be likened with the Biblical Farmer that sows with fate for a bumper harvest, therefore, the digital Governor should be seen and estimated as a Unified, a Political enigma and Colossus, a game changer and in general, a Nation builder and Healer with a developmental transition in his mind. Though, the metaphysical transcendence inherent in his dream of Industrializing the State might appear too dark to his Foes, antagonists and adversaries to acquaint themselves with the light in it. However, we can achieve, if we as a people stake down our respective interests and support the Governor of his noble dreams for our State's development and for posterity sake. Let us all remember our CHILDREN, GRAND CHILDREN and GREAT, GREAT GRAND CHILDREN !!
enyagist.blogspot.com