Russia -

Russian consortium in talks with minister to resuscitate Ajaokuta Steel

April 26, 2024 by Francis Abel

Minister of Steel Development, Shuaib Audu, has engaged a consortium led by the original developers of Ajaokuta Steel Company Limited (ASCL), Tyamzhpromexport (TPE), to revive the steel plant. According to a post shared by presidential aide, Bayo Onanuga, on his X handle, on Friday, the minister met with the consortium on Thursday in Abuja. The … Read more

Real reason price of bread is high – Bakers

April 17, 2024 by Francis Abel

The Premium Breadmakers Association of Nigeria (PBAN) has stated that the increase in bread prices was caused by exchange rate volatility. Recall that before the current government took office, the exchange rate hovered around N465 to the dollar in the official market and N762 in the parallel market, but it quickly rose to near N2,000 … Read more