Nigeria’s steel production has received a $100 million Chinese investment through HongXing Steel Company Limited. According to the Iron and Steel Senior Staff Association of Nigeria, ISSSAN, Nigeria’s present steel production stands at about 300,000 tonnes per annum, while consumption is above 20 million tonnes per annum.
According to sun news online, the 2017 budget, christened budget of growth and recovery, presented to the National Assembly by President Buhari on December 14, shows that the State House budget for the fiscal year would be N42 billion, with expenditure on food, cooking gas and kitchen utensils expected to gulp well over N850 million.
The Senate has commenced the process of amending section 308 of the 1999 Constitution which gives immunity to president, vice president, governors and deputy governors in the country.
