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BINL to Build $15 billion 500,000 BPD Refinery, Establish Free Trade Zone in Ondo State

Backbone Infrastructure Nigeria Limited (BINL) has concluded plans to construct and operate a 500,000 barrel per day (BPD) refinery at the Sunshine Industrial Park in Ogboti, Eruuna and establish the Sunshine Free Trade Zone (FTZ) in the Ilaje Local Government Area of Ondo State. The refinery, a joint venture with the Ondo State Government represented…

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Police arraign five family members on alleged N242.4m theft

Five members of the Obiakor family have been arraigned before a Lagos Special Offences Court sitting in Ikeja for allegedly stealing the sum of N242.391 million. The Economic and Financial Crimes Commission (EFCC) re-arraigned the five defendants, Chisom Obiakor, Daniel Obiakor, Anthony Obiakor, Precious Nwokemodo, and Ifeanyi Nwokemodo before Justice Mojisola Dada. The anti-graft agency…

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Centre Lampoons FG Over Importation of Belarus Tractors

The Centre for Social Justice (CSJ) has lampooned the Federal Government for neglecting homegrown agricultural innovations against foreign manufactured. The criticism followed the recent importation of 2,000 tractors from Belarus. Lead Director, CSJ, Eze Onyekpere while speaking in Abuja on Tuesday at the National Workshop on Improving Visibility and Linkages between Agricultural Research Extension Services…

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