Monday, September 12, 2016

List of Benue' MOUs since May 29,2016.




A memorandum of understanding (MOU or MoU) is a formal agreement between two or more parties. Companies and organizations can use MOUs to establish official partnerships.



MOUs are not legally binding but they carry a degree of seriousness and mutual respect, stronger than a gentlemen’s agreement. Often, MOUs are the first steps towards a legal contract. In US law, a memorandum of understanding is synonymous with a letter of intent (LOI), which is a non-binding written agreement that implies a binding contract is to follow.

MOUs are popular in multinational international relations because, unlike treaties, they take a short time to ratify and can be kept confidential. MOUs may also be used to modify existing legal treaties.

Here are a few we've signed since May 29, 2015...some over a year without a trace.

- Benue signs $5m MoU with UN on infrastructural development

- Benue govt, FG Sign MoU on social investment

- Ortom Signs MoU With Chinese Consortium On City-Wide Industrial Development

- Benue, Olam signs MoU to boost rice production

- Benue govt signs N37.8bn MoU for construction of new cargo airport

- Benue Govt signs MoU with China Railway and Airport Construction Company for infrastructural projects including airport, roads, power plants, agriculture and housing

- Benue Govt. signs MoU with NIHOTOUR to establish campus

- Ortom signs MoU with Chinese investors at Chinese Canton Fair

- Benue signs $1.6b MoU with Trans-Sahara Consortium for sugar plants

- Benue Govt, CONTEC Sign MoU to Establish 10MW Gas-based Station in Benue

- Ortom signs MoU with Wuzheng Group to establish modern Tractor Assembly Plant

- BIPC signs MoU with Infrastructure Bank on redevelopment of Benue Plaza

- Ortom Signs MoU With Chinese Firms For Coal Power Plant

- Benue State govt. signs MOU with JM Technologies

- Benue Govt, Transcorp signs MOU for large scale commercial farming

- Benue State govt signs MoU with a group of Chinese companies under the auspices of CGC Alliance

...etc

Who understands MoUs?

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