Capital Mall gets approval

The development by one of South Africa’s oldest rural shopping centre developers, McCormick Property Development (MPD), of a massive shopping mall in Pretoria West costing at least R1.2 billion has been given the green light.

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Gridlock forces NASCON out of Apapa, as company relocates 60 percent of its operations

Saddened by the perennial traffic gridlock on Apapa raod, NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited, has announced the relocation of some of its operations from Apapa to Oregun and Port Harcourt, the River State capital. Paul Farrer, Managing Director, NASCON, told shareholders at the company’s Annual General Meeting that the Apapa gridlock affected the movement of raw materials to Oregun , timely delivery of finished goods to customers and increased turn-around time of the company’s trucks.

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NERC says MYTO implementation begins Q1, 2020

The Nigerian Electricity Regulatory Commission (NERC) has confirmed that it is already working out a model as it embarks on wider stakeholder consultations to enable it effect the much awaited Multi Year Tariff Order (MYTO) early next year.

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Ministry earmarks 50 km urban roads construction

Bai Lamin Jobe, minister of Works, Transport and Infrastructure has told deputies at the National Assembly that part of the 50 kilometres of urban roads is earmarked for construction under the OIC portfolio. He added that the expansion of the Bertil Harding Highway between Sting Corner and the Brikama Highway is also part of the plan.

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