Tag Archives: Kano

Nigeria signs 875 million dollar railway deal with China

Yahoo! news: ABUJA (AFP) – Nigeria on Monday signed a deal worth almost a billion dollars with a state-owned Chinese engineering firm to resuscitate part of its dilapidated railway system, the transport minister said. The 875-million-dollar (588-million-euro) contract was signed by Transport Minister Ibrahim Isa Bio and the managing director of the China Civil Engineering… Read More »

Another Post on the Nigerian Textile Industry

Mr Kunle Alake, the Dangote Group COO, tells BusinessDay that the textile industry in Nigeria cannot be viable, and he cites the usual suspect: smuggling. “The Nigerian textile industry is dead; it has been dead since the last 5 years. It cannot be resuscitated with N70 billion, those pushing for the resuscitation are only after… Read More »