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Nigerian Senators Debate Sale of Country's Third-Largest Cement Manufacturer to Chinese Firm

Summary by allAfrica

The Senate also said Nigerians' interest in the process should be allowed to participate without any hindrance.

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Nigerian Senators Debate Sale of Country's Third-Largest Cement Manufacturer to Chinese Firm

The Senate also said Nigerians' interest in the process should be allowed to participate without any hindrance.

5 days ago·South Africa

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Premium Times Nigeria

Lean Left

Nigerian senators debate sale of country's third-largest cement manufacturer to Chinese firm

The Senate also said Nigerians' interest in the process should be allowed to participate without any hindrance. The post Nigerian senators debate sale of country’s third-largest cement manufacturer to Chinese firm appeared first on Premium Times Nigeria.

5 days ago·Abuja, Nigeria

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Business Post Nigeria

Senate Blocks Sale of Lafarge to Chinese Investors

By Adedapo Adesanya The Senate has directed the Bureau of Public Procurement (BPP) to halt the planned sale of Lafarge Africa to Chinese cement maker, Huaxin Cement. The legislators made the move on national security and economic sovereignty grounds. “The Senate notes that discussions are underway regarding the divestment of Lafarge Cement Plc, with reports […]

4 days ago

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Legit.ng - Nigeria news.

Senate tells FG to stop sale of Lafarge cement to Chinese firm, gives reason

The Senate demanded on Thursday that the federal government immediately halt the Bureau of Public Procurement's proposed sale of Lafarge Cement to a Chinese investor

5 days ago·Ikeja, Nigeria

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Investors King

Lawmakers Raise Concerns Over Lafarge Sale, Seek Safeguards For Nigeria’s Economic Interest

The Senate has raised concerns over the proposed divestment of Lafarge Africa Plc by its majority shareholder, Holcim AG, to Huaxin Cement Co., a Chinese cement producer. Lawmakers called for safeguards to protect Nigeria’s economic sovereignty and national security interests. The resolution, adopted on Thursday, directed the Bureau of Public Enterprises (BPE) to ensure that […] The post Lawmakers Raise Concerns Over Lafarge Sale, Seek Safeguard…

5 days ago

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Instablog9ja

Elon Musk, Jeff Bezos, and others observe as Nigeria moves to Become the Third Country To Offer Citizenship by Investment to Boost Economic Growth

Elon Musk, Jeff Bezos, and others observe as Nigeria moves to Become the Third Country To Offer Citizenship by Investment to Boost Economic Growth Nigeria is set to join the global trend of citizenship by investment (CBI) programs, enabling foreign investors to gain Nigerian citizenship in exchange for significant economic contributions. This initiative is aimed at stimulating economic growth and attracting high-net-worth individuals to Africa’s…

5 days ago

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