Nigeria has a fairly extensive infrastructure of roads, railroads, airports, and communication networks. The road system is by far the most important element in the country’s transportation network, carrying about 95 percent of all the nation’s goods and passengers. Currently, many of the roads are in disrepair because of poor maintenance and years of heavy…

The Port Harcourt Refining Company Limited is in business to optimally process hydrocarbon into petroleum products for the benefit of all stakeholders. The company’s vision is to be an innovative international hydrocarbon processing company of choice. PHRC Limited is made up of two refineries. The old refinery commissioned in 1965 with current nameplate capacity of…

ABUJA-(REUTERS) Nigeria’s president has approved the creation of a new company that would focus on infrastructure development, with a seed capital of 1 trillion naira ($2.63 billion), the head of state’s office said on Friday. The company, named Infra-Co, will be a public-private partnership, and the initial capital will come from the central bank, the Nigerian…