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Divergent views trail calls for adoption of vertical city development

According to experts, the benefits of vertical city development as an urban design concept, rethinks horizontal living where normal cities are made up of hundreds of buildings, vertical cities would be a few slender buildings standing hundreds of stories high. With finite space and a growing human population, the natural direction of cities is ever upward as architects, developers, and...

Intensified use of generators…an awful testimony to Nigeria’s poor power infrastructure A Damning Rating of Nigeria’s Infrastructure

A report on the status of Nigeria’s infrastructure, which the Nigerian Society of Engineers released last week in Abuja, says within the last two years, between 2015 and 2017, the country recorded a two-point drop in the rating of its infrastructure. The 2017 National Infrastructure Report Card Rating and Analysis analysed comprehensively the state of public infrastructure in Nigeria...

Nigerians lack adequate knowledge of NipeX – Investigation

 There are indications that many Nigerians do not know much about NipeX, established to provide an electronic contracting platform for the Nigerian National Petroleum Corporation, NNPC and its operating partners in the Joint Venture (JV) and Production Sharing Contract (PSC) arrangement. A group known as the Media Network on Anti-Corruption Practices in the Oil and Gas Industry (MNAPOGI) had a...

Nigeria invents motor parts from palm kernel shells

The Raw Materials Research and Development Council (RMRDC), in collaboration with some Nigerian researchers, have developed automotive brake-pads from palm kernel shells. BINTA SHAMA writes Knowledge is Power Nigeria is a great country and her citizens in twined with the good things of life. It is often said that any automobile produced in any part of the world will likely be...

P&G Strategy Raises Hope for Industrialisation Agenda

Until recently, Nigeria has been languishing in economic recession which has affected its level of trade and manufacturing activities. Among many other factors, the major influencers of the economic meltdown as identified by economists are Nigerians’s penchant for foreign goods as well as limited grounds to expand export earnings and production base as a result of heavy reliance on crude...

Report: Samsung Elevates the Egina Project

The recent sail-away of the $3.3 billion FPSO for the $18 billion Egina deepwater oilfield from the Samsung Yard in Geoje, South Korea, to the company’s yard in Lagos where it will be integrated locally, represents a new record in Nigerian content development, Ejiofor Alike reports On October 31, 2017 at exactly 7.18am Korean time, the Floating Production Storage Offloading...

Recession exit: Manufacturers renew push for local products

Mostly driven by an improvement in oil prices and production volumes, the economy is out of recession and the manufacturing sector is also gathering momentum due to improved foreign exchange liquidity. But, to sustain the recovery tempo, manufacturers are seeking for increased patronage of locally-made products by the government. They argue that the government, being the single largest spender...

As World Seeks Alternative to Crude Oil, Nigeria Remains Fixated- ThisDay Report

With the EU and China unveiling plans to ban petrol vehicles in the foreseeable future, Ejiofor Alike reports on the pressure on Nigeria to adapt to the global shift towards electric vehicles and redeploy the resources earmarked for oil exploration, especially in the North, to the exploration of alternatives to fossil fuel The future of crude oil in the global...

Putting Aside Public Spat, Kachikwu, Baru Chart Way Forward for Oil Sector

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, and the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, Tuesday put aside their differences, even if temporarily, and discussed opportunities in the Nigerian petroleum industry and ways to grow the sector. In a leaked letter to President Muhammadu Buhari, Kachikwu had listed a litany...

Path to a billion dollars begins in sales or engineering school, study suggests

If you can’t inherit a billion dollars, the path to becoming a billionaire begins with a sales job or an engineering degree, a new study suggests.The study released Monday from recruitment agency Aaron Wallis shows that of the top 100 richest people in the world, 10 began their careers as a salesperson and 22 studied engineering in school.Of the...