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Nigeria's inflation rate rose to 15.63 per cent in December 2021 compared to 15.40 per cent in November, the National Bureau of Statistics announced on January 17, 2022. The statistics office said the prices of goods and services, measured by the Consumer Price Index, increased by 15.63 per cent in December 2021 when compared to December 2020.
World yam production Yam in a market. Nigeria is by far the world’s largest producer of yams, accounting for over 70–76 percent of the world production.According to the Food and Agriculture Organization report, in 1985, Nigeria produced 18.3 million tonnes of yam from 1.5 million hectares, representing 73.8 percent of total yam production in Africa. [1]
Although the railway was completed from Itakpe to Ajaokuta, progress was slow on the extension to Warri. Only 254 km of the 276 km extension to Warri had been completed by 2009, when the Nigerian government awarded a ₦33 billion contract to Julius Berger and TEAM Nigeria to complete the remaining 22 km by 2013. [7]
Nigeria National Petroleum: Oil and gas 9,706 1,877 2 Nigeria Liquefied Natural Gas: Oil and gas 6,315 ... 3 MTN Nigeria: Telecommunications 3,514 536 4 Dangote Cement: Cement 2,699 721 5 Nigerian Petroleum Development: Oil and gas 2,686 219 6 Flour Mills of Nigeria: Agroindustry 2,014 67 7 Airtel Nigeria: Telecommunications 1,503 343 8 ...
CCECC Nigeria was awarded a contract for the construction of the first two phases, known as Lots 1 and 3, in May 2007. [ 5 ] The 42.5 km (26.4 mi) first phase has two lines and 12 stations opened in July 2018, connecting Abuja city centre with the international airport via the Lagos–Kano Standard Gauge Railway at Idu.
The Nigeria Sovereign Investment Authority is a Nigerian establishment which manages the Nigeria sovereign wealth fund, [4] into which the surplus income produced from Nigeria's excess oil reserves is deposited. This sovereign wealth fund was founded for the purpose of managing and investing these funds on behalf of the government of Nigeria ...
The Nigeria Uranium Mining Company (NUMCO) was a parastatal organization that controlled the exploration and mining of uranium in Nigeria and was a public/private partnership with Total Compagnie Minière of France, which owned 40% of the company. In 1989, Total pulled out of the partnership, and in 1993 the government reassigned NUMCO's ...
Oluyole Local Government is a Local Government Area in Ibadan, Oyo State, Nigeria.Its headquarters is in a growing suburb called Idi-Ayunre. This Idi-Ayunre is a large expanse of land with an estimated population of 5,000 located en route Alomaja, Odo Ona Nla, Onipe, Onigambari (also known as Gambari, which hosts a forest reserve, very close to Olowa) [1] towards Ijebu-Ode.