Stay updated with breaking news from பாயஂட் நாய். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Eromosele Abiodun The Managing Director, West Africa Container Terminal (WACT), Onne Rivers State, Naved Zafar, has stated that Nigeria remains an important market in the West African region. Zafar, who was recently appoint Managing Director of WACT, expressed readiness to contribute to the economic aspiration of Nigeria. Zafar who until his new appointment was the Managing Director of APM Terminals Cotonou, said he was ready to expand the frontiers of service delivery to numerous customers in Eastern Nigeria. According to him, he is ready to work with critical stakeholders in the maritime sector towards expanding the frontiers of the sector. ....
Small businesses have been hit especially hard as they cannot store their products. We here are losing the goods. We have problems with our suppliers. Take the example of this cold room. It does not have a generator. When you keep the fish, you have to pay for the ice cream, said one salesman. Another saleswoman said: For nearly a month here in this neighborhood we have had no electricity. Customers bring us back the goods because they are damaged and we are the ones who lose. The energy ministry says the power cuts are because of the use of a third turbine at Congo s power station caused voltage variations due to the aging of the redistribution network. ....
By Matthew Quintero “If not China, who?” was a question asked during a class on foreign investment in Africa. The speaker was an African naval officer. The class was equally composed of American and African military officers, and the place was the United States Naval War College (NWC). The African officers all seemed to nod in agreement while the rest of the room shrugged. The author has heard this comment several times before by other exasperated African officers. They were tired of being reminded that China was only interested in the natural resources of their homelands, or that China was building ports, bases, and infrastructure on loans their nations could hardly repay. They were also acutely aware that China’s “no strings attached” development targeted their weak governments and “big man” regimes. It was sometimes difficult for this particular officer to express himself, as English was his third language after Bantu and French. But on this day he made himsel ....