Amaechi attends VIP Greco-Nigerian business summit
Greek business has subtly yet steadily flourished in Nigeria since independence, with the help of close-knit relationships with highly influential Nigerians.
Busy flexing its muscles since late July with maritime security operation Okun Alafia II, the Nigerian Navy's counter-piracy efforts are still short of two patrol boats stuck in Vietnam because of complications linked to the Covid-19 pandemic.
The Naples-based naval maintenance specialist Eligroup will deliver three refitted patrol boats to the Nigerian Navy and safety agency NIMASA this summer. It is a small consolation for Italy's defence industry against Israeli Blue Octagon, the architect of the vast maritime security project Deep Blue.
Rheinland Air Service (RAS) has completed maintenance work on one of the Nigerian Air Force's two ATR 42-500 MP surveillance aircraft. The aircraft has been prevented from leaving Germany by the Covid-19 epidemic, just as the NAF needs to intensify maritime surveillance operations and the fight againt Boko Haram.
As part of its Deep Blue project for securing the country's territorial waters, Nigeria is to take delivery of two Cessna aircraft and two Agusta helicopters. Israeli company Blue Octagon recently took charge of procurement for the project after a parliamentary enquiry was launched into the conditions in which the original contract was awarded to its sister company HLSI.
Just a few months after Nigeria's parliament began investigating the huge Deep Blue Project, HLSI, the Israeli firm that won the contract, passed the baton to Octagon, a company recently set up by senior figures with links to HLSI.
A full year and a half behind schedule, Nigerian president Goodluck Jonathan last month formally privatized a batch of power generation and transmission concessions. His aims were clear, namely to increase electricity output so that his movement, the People’s Democratic [.