FG To Pay $496m To Settle Foreign Firm’s Claims Over Steel Plants

The federal government has agreed to pay $496 million to settle a multi-billion dollar claim from Global Steel Holdings Limited, following the termination of a contract to upgrade the country’s steel plants, Reuters is reporting. The news agency quoted Abubakar Malami, attorney-general of the…

ICRC seeks partnership with BPP on infrastructure development

The Infrastructure Concession Regulatory Commission (ICRC) has sought the partnership of Bureau for Public Procurement (BPP) in infrastructure development, using private sector funding. Mr Michael Ohiani, Director-General, ICRC, said this in a statement signed by Patrick Ederaro, Acting Head, Media…

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