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Re-Ignite / Business

How illegal mining is sabotaging economy

The Minister of Mines and Steel Development, Olamilekan Adegbite, blew the whistle on some “powerful and influential” Nigerians recently during a briefing in Abuja. What was the story? According to Adegbite, these economic saboteurs – that’s what they are – have been putting pressure on the Federal Government to free...

Why FG’ll continue to determine petrol price, after deregulation of downstream sector — Minister

The Federal Government, said yesterday it has deregulated the downstream petroleum industry.  The government, however, said it would continue to intervene in determining the pump price of Premium Motor Spirit, PMS, also known as petrol, to safeguard consumers of the commodity from being exploited by oil marketers.  Addressing newsmen in Abuja, Minister of...