Blog Medium Without Sidebar

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- Nigerian billionaires Abdul Samad Rabiu and Aliko Dangote, along with Greek investor John Coumantaros, have committed a total of $1 billion in investments to sugar production. The investments were made as part of the Nigeria Sugar Master Plan (NSMP), a 10-year roadmap approved in 2012 with the goal of helping Nigeria achieve self-sufficiency in sugar production. According to Executive Secretary of the National Sugar Development Council (NSDC) Zach Adedeji, the investments came from Dangote Sugar, BUA Foods, and Flour Mills of Nigeria, three indigenous firms involved in sugar plantations and processing. Earlier this year, Flour Mills of Nigeria Plc, led by Coumantaros, announced plans to invest N70 billion ($168.3 million)...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Edwin Mhede – Chief Executive let out, World Bank had broadened $97.7 million (Sh219 billion) for the commission of the fourth phase between Tegeta through Bagamoyo and Ali Hassan Mwinyi boulevards and Bibi Titi Road in the city centre. The administration has Furth more ensure 178 million euros (Sh427 billion) from the French Development Agency (AFD) for the construction of phase five, that will commence at the Kijazi Interchange in Ubungo through Mandela Road. The highway will similarly give birth to a tributary to Segerea. The introductory phase has been functional since 2016, while construction of the second phase has reached over 90%, with the commission of the third phase presently in advancement. In...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The cost of crude oil sanded bigger on Monday January 02, 2022, as China began again to open up after the Novel Corona Virus (COVID-19) while Russia inferred at a generation cut amidst winter storm across North America. The 1.7 million bpd is anticipated to be depleted by refineries on the mainland could be to change the narratives in storms,(160, 000 bpd), Assiut Hydrocracker (90,000 bpd) and Hassi Messaoud Refinery in Algeria (100,000 bpd). Others are South Africa’ Astron Restart (100, 000 bpd), Cabinda Refinery of Angola, (60,000 bpd), and Ghana’s Sentuo refinery (120, 000). The development arrives as the Nigerian Oil and Gas Suppliers Association (NOGASA) petroleum refineries in the nation, particularly...

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Dr. Umaru Aliyu announced in a conference on Wednesday, December 28th, 2022 in Badeggi in Niger; that planters should refrain from acquiring vast areas of land or multiple farms that they could not adequately retain. He said: “This is imperative due to the high costs of inputs associated with farming, especially those of rice. “The farmers should therefore cultivate the number of areas that they will be able to sufficiently tend to. “There is no point for any farmer or a group of farmers to engage in expansive farm cultivation. “This is more when they know that they can’t sufficiently apply the required inputs.” Dr. Aliyu said that in rice production, earnings were always bigger in smaller lands that got the...