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In November 2009, South Africa hosted the South Africa-Nigeria Bi-National Commission in Pretoria. At the conference, it was noted that Oando, an energy conglomerate based in Lagos had recently been listed on the Johannesburg Stock Exchange and the Nigeria-based Dangote Group had invested a record $378 million in South Africa's cement industry.
Nigerian Electricity Regulatory Commission (NERC) is an independent regulatory body with authority for the regulation of the electric power industry in Nigeria. NERC was formed in 2005 under the Obasanjo administration’s economic reform agenda through the Electric Power Sector Reform Act, 2005 for formation and review of electricity tariffs, transparent policies regarding subsidies ...
Electricity generation in Nigeria began in Lagos in 1886 with the use of generators to provide 60 kW. [10] In 1923, tin miners installed a 2 MW plant on the Kwali River; six years later, the Nigerian Electricity Supply Company, a private firm, was established near Jos to manage a hydroelectric plant at Kura to power the mining industry.
ICRC Building Abuja. ICRC was established in 2008 under the Infrastructure Concession Regulatory Commission (establishment, etc.) Act, 2005 [1] to regulate the Public-Private Partnership (PPP) endeavours of the Federal government aimed at addressing Nigeria’s physical infrastructure deficit which hampers economic development.
Since 2019, Jiji has been operating in five African countries: Nigeria, Kenya, Ghana, Uganda, and Tanzania after buying OLX Africa. [citation needed] In 2020, the company launched website and app in Ethiopia. In June 2021, Jiji has acquired an automotive company Cars45 in Nigeria, Kenya, and Ghana. [13] [14]
The National Women Commission is the national women's wing of NLC. It was created in 2003 to increase the participation of women in the affairs of the union. [27] [28] Beginning in 1983, demand for more recognition of working women led to the establishment of women's wing in state capitals. Currently state branches of NLC have a women's ...
The Securities and Exchange Commission (SEC) is the main regulatory institution of the Nigerian capital market. It is supervised by the Federal Ministry of Finance. [1] The Nigerian Stock Exchange (NSE) is privately owned and self-regulating, but the SEC maintains surveillance over it with the mandate of ensuring orderly and equitable dealings in securities, and protecting the market against ...
The Nigeria Renewable Energy Master Plan (REMP) is a policy being implemented by Nigeria's Federal Ministry of Environment that aims to increase the contribution of renewable energy to account for 10% of Nigerian total energy consumption by 2025. [1] The Renewable Energy Masterplan for Nigeria was produced in 2006 with support from the UNDP.