Hammakopp Consortium, a subsidiary of Nestoil Group, has identified inadequate funding and payment for projects as major challenges facing the construction sector. Head of Operations of the company, Ikenna Chukwudum, said this at a media parley in Lagos. He said payment for projects done, is about 50 per cent of the challenges faced by construction…
6 Nov 2020
Nestoil Group has charged the federal government to be transparent and accountable for every tax generated to achieve an effective tax regime, noting that maximizing revenue generation through efficient taxation is the only way to meet its revenue target for 2021 budget.
5 Aug 2020
The problem in Nigeria’s power sector is not rocket science, and if it's rocket science, you have rocket scientists that are able to deal with it. There's no reason why we shouldn't get it right.
23 Jan 2019
In the last 45 years, oil producing companies have used the 200km-long Trans Forcados Pipeline in transporting crude oil to the Forcados Oil Terminal.
17 Oct 2018
The Group Managing Director, Nestoil Group, Dr. Ernest Azudialu-Obiejesi, say the current liquidity issues bedeviling Nigeria’s power sector is impeding the development of the country’s gas industry.