U.S.-based medical group plans revamping Nigeria’s healthcare system

A multi-billion-dollar healthcare system in the United States, Montefiore Health System, has expressed readiness to help find a lasting solution to Nigeria’s healthcare problem. President of Montefiore, Prof. Phillip Ozuah, stated this when the Consul General of Nigeria in New York, Mr. Benayaogha Okoyen, visited the hospital to have a firsthand assessment of the facilities.…

AfDB approves $15m infrastructure credit for Nigeria

The Board of the African Development Bank has approved a $15m investment package for Infrastructure Credit Guarantee Company, to support infrastructure financing through the domestic debt capital markets in Nigeria. The investment package to InfraCredit comprised a subordinated loan of $10m and a risk sharing facility of up to $5m. AfDB stated that the intervention…

No new gas projects will be approved without a zero flare policy – NNPC

The Nigerian National Petroleum Corporation (NNPC) has expressed its commitment to a zero gas flare regime for every new gas project, even as it trains its sights on commercializing existing gas flare projects for the benefits of the host communities and Country at large. Group Managing Director of the NNPC, Dr. Maikanti Baru, stated this…