FCTA agencies Historical background of FCTA As far back as the 1960s, when the administrative headquarters of Nigeria was in Lagos, there has been a special ministry specifically created for the administration of the Federal Capital Territory of Nigeria. From the days of Alhaji Tafawa Balewa to Aguiyi Ironsi, the first military administration in Nigeria, … Read more
Who is the Minister of Steel Development? Shuaibu A. Audu is the new Minister of Steel Development in Nigeria. During the government of ex-President Muhammadu Buhari, the ministry was known as the Ministry of Mines and Steel Development in Nigeria. Nigeria is blessed with numerous mineral resources which if appropriately harnessed can generate trillions of … Read more
The majority of barite in Nigeria is mined in Cross River, Benue, Nasarawa, Zamfara, Taraba, Plateau, Adamawa, Rivers, Gombe, and Ebonyi states. On Friday, October 29, 2021, Nigeria’s government through its Minister of Mines and Steel, Olamilekan Adegbite, announced that Africa’s biggest economy has joined the list of countries that have large deposits of barite. … Read more
In 2015, as Nigerians prepared for a general election, the outcome of which was predicted to split Nigeria, a UK-based news magazine, The Economist, in its editorial supported the opposition candidate at the time, Major General Muhammadu Buhari, against the incumbent Goodluck Jonathan, who represented a party that had been in power for 16 years. … Read more
Tagged the pandemic year, 2020 was still rosy for 11 states in Nigeria as Foreign Investors from across the world came to put their monies in the biggest Africa’s economy. Although Foreign Direct Investment (FDI) dropped by 59.7 percent, Abuja, the Federal Capital Territory (FCT) and 10 states received inflows. Equities supplied the largest capital … Read more
Nigeria has a land area of 923,768 km² with its administrative headquarters in Abuja while Lagos state remains its commercial capital since the capital was moved from the most populated state to Abuja on December 12, 1991. With the 36 states and the FCT sharing the 923,768 km² landmass, the land area of each of … Read more
Nigeria houses 36 federating states that are also interwoven by boundaries. No state lives in isolation, they are interconnected with one other. The inter-connectivity of the states which make Nigeria as one plays a significant role in the promotion of local trade and business. In one of our guides, we shared with you 15 states … Read more
There are about 364 approved international border points in Nigeria. 71.62% of land borders in Nigeria are located in the North-East and North-West, according to Nigeria’s Former Chief of Defence Staff Gen. Lucky Irabor. Takeaways: This article explores Nigerian states that share international border points with other countries. With a landmass of 923,768 km², Nigeria shares … Read more
Since the oil was first discovered in 1956 in Oloibiri, the present-day Bayelsa State, Nigeria has made several billions of US dollars from the sales of oil. Since then Nigeria has become Africa’s number one producer of oil and number six on the global ranking. In 2018, Nigeria made $32.63 billion in revenue from the sales … Read more
There are hundreds of investment opportunities in Nigeria, but one of the challenges is insecurity, from the North to South, West to the East, even the Federal Capital Territory, the seat of power, the government can’t adequately assure maximum security. As such, as a foreign investor or a potential investor, you should “shine your eyes” … Read more