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NBET pays N311.06 billion to GenCos

Power generation companies (GenCos) were paid just half of their total invoice to the Nigerian Bulk Electricity Trading Plc (NBET) for power supplied to...

Ikoyi Building Collapse: LASG inaugurates committee on implentation of probe report

Lagos State Governor, Mr Babajide Sanwo-Olu has naugurated a four-member committee headed by the state Commissioner for Special Duties, Engr. Tayo Bamgbose-Martins, towards implementing...

Nigeria’s epileptic power supply may persist in 2022

Averaging 4,500 megawatts in the past eight years, Nigerians looking forward to improved electricity supply may continue to wait as inherent challenges may stall...

Amaechi releases his e-mail to get public assessment

The Minister of Transportation, Rotimi Amaechi has released his email address to the public. According to him, this will avail him to get their opinion...

Those who own Discos got it through political favour, not merit- Buhari

President Muhammadu Buhari has disclosed that Nigerians are facing epileptic power supply because those who bought the various electricity distribution companies got them based...

TUC promises to complete housing project soon

The Trade Union Congress of Nigeria (TUC), Lagos chapter has reassured it members that its housing project would soon be complete It also warned its...

FG to use N250 billion Sukuk to fund road projects in Nigeria- DMO

The Director- General of Debt Management Office (DMO), Ms. Patience Oniha in Abuja recently said that three ministries will take part in utilizing the...

We need $36bn to connect entire country by rail, says Amaechi

The Federal Ministry of Transportation has disclosed that it needs $36bn to connect the entire nation by rail. The intimation was made by the Minister,...

Full Text of President Buhari’s New Year Speech

FULL TEXT OF PRESIDENT BUHARI'S NEW YEAR SPEECH 1. We remain grateful to the Almighty God for yet another Year attained as a country, united...

Why DisCos take over equipment bought by customers-ANED

In the face of criticism being expressed by customers against electricity  Distribution Companies, Discos on the take over of properties bought by the former,...