Former Minister of Finance, Dr. Ngozi Okonjo-Iweala, has reacted to some media reports which she said distorted some of her comments concerning the past administration. Okonjo-Iweala, who reacted through her media adviser, Paul C. Nwabuikwu, said some of the media reports making the rounds have distorted her comments. The former Minister in a release made available to www.newsscreenng.wordpress.com, clarified issues …

Nigeria’s state-run oil firm NNPC and China State Construction Engineering Corporation (CSCEC) have signed a $23bn (£16bn; 18bn euros) deal. The two will jointly seek financing and credits from Chinese authorities and banks to build three refineries and a fuel complex in Nigeria. The project would add 750,000 barrels per day of extra refining capacity. NNPC hopes the construction of …

Minister of Labour and Productivity, Dr. Chris Ngige has called on state governments to shed off excess weight in their workforce and look inward to raise Internally Generated Fund (IGR). Ngige, who spoke on Channels Television Sunday night, advised state governments to emulate the Federal Government by cutting their coats according to their clothes. “I’m advising the state to shed …