Showing posts with label projects. Show all posts
Showing posts with label projects. Show all posts

Sunday, September 22, 2013

Nigerian Police bar youths from checking Amaechi's projects



Scores of youths attending an event organised by the Rotary Club with the Rivers State Governor, Mr. Rotimi Amaechi, were on Friday barred by policemen from inspecting some state projects in Port Harcourt.
The youths, who were about 600 in number, were said to be waiting for Government House buses to convey them from the Rivers State University of Science and Technology to some of the project sites before armed policemen stormed the place and stopped them from embarking on the planned inspection.
The students were from 11 states of the federation.
Continue after the break.

Saturday, May 18, 2013

Japan To Provide $2 Billion To Africa Resources Projects




Japan will provide $2 billion worth of financial support over five years to back Japanese firms’ resources development projects in Africa, media reported on Saturday. Japan’s Trade Minister Toshimitsu Motegi made the announcement at the Africa-Japan Ministerial Meeting for Resources Development held in Tokyo on Saturday, Japanese news agencies Kyodo and Jiji said. The financial support is to be channeled through state-run Japan Oil, Gas and Metals National Corp (JOGMEC), reports said.

A number of Japanese firms have been participating in resources projects in Africa, including Mitsui & Co’s (8031.T) LNG project in Mozambique and Nippon Steel & Sumitomo Metal Corp’s (5401.T) coking coal project also in Mozambique.

Tuesday, April 23, 2013

FG seeks $3.4bn foreign loan for power projects …says Nigerian banks charge high interest rates





The Federal Government is looking beyond Nigerian banks to raise $3.4bn needed to fund power projects in the country because of high interest rates being charged on loans by local banks.
The Chairman, Presidential Task Force on Power, Mr. Beks Dagogo-Jack, said Nigerian banks had not done enough in terms of understanding how the ongoing reforms in the power sector worked.
He spoke with journalists on the sidelines of the Presidential Power Reform Transaction signing ceremony in Abuja on Monday.

Sunday, December 16, 2012

FG Skips Planned Refinery Projects - Jonathan Must Tackle Fuel Subsidy Corruption–Labour





Eleven months after promising to build three new refineries for the country, the Federal Government may have dumped the plan. Saturday PUNCH investigations showed that the FG may have dropped the idea because of the unresolved issue of deregulation of the downstream sector of the petroleum industry.
This development came to the fore as organised labour expressed surprise at President Goodluck Jonathan’s N161bn supplementary budget on fuel subsidy for 2012.

Thursday, October 25, 2012

FG releases N300bn for 2012 budget’s capital projects



The Federal Government has released N300 billion for capital projects under the 2012 budget to Ministries, Departments and Agencies.

The fund, which was released on Thursday, is for quarter four and raises capital votes released so far under the budget to N1.01 trillion.

The latest release was contained in a statement by the Senior Special Assistant (Communications) to the Finance Minister, Mr. Paul Nwabuikwu.

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Stranded commuters at Alausa...on Wednesday

Source : punchng[dot]com

Saturday, September 29, 2012

Winners emerge in 2012 WISE education award



The interior of the solar-powered floating classroom

The World Innovation Summit for Education has announced six groundbreaking projects from around the world as winners of the 2012 WISE Awards, under the theme “Transforming education.”

The six winning transformative educational project presenters will go home with $15,000 each at a presentation award ceremony to be held later this year in the United Arab Emirates.

The WISE Awards was inaugurated in 2009 to identify, showcase and promote innovative educational projects from around the world.

To date, 1,600 applications have been received from 128 countries, resulting in 122 finalists and 24 winning projects.

The 24 successful projects have come from a variety of countries around the world, including Brazil, Chile, Colombia, Ghana, India, Morocco, Nigeria, Pakistan, Paraguay, South Africa, Turkey, the UK and the USA.

These “real world” initiatives are progressively building a pool of sound practice, which is having a local or global impact on education.

Now in its fourth year, the WISE Awards identify, showcase and promote innovative educational projects from all sectors and regions of the world in order to inspire change in education. 

The chairman, WISE, and chairman of the WISE Awards Jury, Dr. (Sheikh) Abdulla bin Ali Al-Thani, in a statement explained that the 2012 winning projects, which were selected for their concrete and positive impact upon society would receive global visibility and a prize of $15,000 each. 

The winning initiatives, he stated, came from Bangladesh, Cambodia, Chile, Denmark, India and the United States of America after they scaled the pre-selection process, whereby works of 24 participants from 14 countries were judged.

According to him, winning projects have been selected for their tangible and positive impact on the society and their innovative approach to solving important global educational problems.

“Since 2009, the WISE Awards have recognised successful, transformative projects in education in order to generate a pool of sound practices and to inspire their adoption and adaptation elsewhere.

“When determining the best projects, we look at what is being achieved as well as how it is done. The winning initiatives were selected not only because they are successful, but also because of their innovative approach. These are not ordinary education efforts,” he said.

He added that the diverse projects offer unique solutions to today’s most important challenges, from poverty to climate change.

The solutions proffered by the winners, he said, include unconventional business models to provide low-income families with affordable education, as well as original ways of bringing high-quality education to remote and destitute parts of the world.

One of the six winning projects is a solar-powered floating school designed for unreached pupils in Bangladesh during monsoon. The device, Nigerian educationists said, would be useful for people in riverine and flood-prone areas.

The project was presented for the awards by a Bangladesh -based non-profit organisation, Shidhulai Swanirvar Sangstha.

According to a statement introducing the project, “the solar-powered floating schools are to ensure children’s education even during the height of the monsoon. The boats collect students from riverside villages, dock at a final destination and provide on-board, small-group instruction.

Finalists and winners of the WISE Awards will, according to the organisers, participate in the annual WISE Summit taking place between November 13 and 15 at the Qatar National Convention Centre in Doha, Qatar, under the theme “Collaborating for change.”

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Source : punchng[dot]com

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