The Federal Government would require 166 billion dollars in the next five years to meet the country’s energy and transport infrastructure needs. The Minister of Transportation, Mr Rotimi Amaechi, made the disclosure at a public hearing in the House of Representatives on a Bill for an Act to Repeal the Nigerian Railway Corporation Act on […]
Amechi Obiakpu Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has called on all Electricity Distribution Companies (DISCOs) to ensure that all electricity consumers are supplied with meters. This, he said, will ensure that revenue realised will equate the amount of electricity consumed. Emefiele stated this over the weekend during the “4th […]
Louis van Gaal has been sacked as Manchester United manager, with the club bringing the Dutchman’s two-year reign to an end on Monday, reports from England said. “Van Gaal led United to the FA Cup on Saturday but it wasn’t enough to save him after he failed to qualify for the Champions League and received […]
Work resumes this morning across the country following the suspension, on Sunday evening, of the strike called by the Nigeria Labour Congress (NLC) to resist the new price of petrol. NLC President Ayuba Wabba announced the suspension of the strike after an emergency meeting of its organs – the National Working Committee and the National […]
In furtherance of its aim to develop indigenous manpower in the Nigerian telecommunication industry, Etisalat Nigeria, has rolled out another set of postgraduate students of Ahmadu Bello University, Zaria as part of its 2015/16 Etisalat Telecommunication Engineering Postgraduate Programme (ETEPP). The course intakes were unveiled during the closing ceremony of the 2016 edition of the […]
Benin Electricity Distribution Company (BEDC) on Saturday said that Asaba and its environs would experience power outage for a while because of transformer failure. The company said, via a statement issued in Asaba by Mrs Esther Okolie, the Corporate Affairs Officer, Asaba and Agbor BEDC Unit, that there were some problems at the Asaba […]
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele said N55.46 billion was disbursed to 24 power firms as electricity market stabilization facility. Emefiele said this at the 4th tranche disbursement of the facility in Lagos. He said that three distribution companies got N8.67 billion, 14 generating companies and Nigerian Independent Power […]
The Federal College of Agriculture, Ishiagu, Ebonyi, says it has began the exportation of processed bagged cassava produced by the institution. The Provost of the college, Prof. Justina Mgbada, disclosed this in an interview with the News Agency of Nigeria (NAN) on Saturday. She noted that the institution was committed to actualising the Federal […]
Oil marketers on Friday in Abuja called on the Federal Government to assist them in making foreign exchange available for the importation of petroleum products. The marketers, under the umbrella of the Depot and Petroleum Products Marketers Association of Nigeria (DPPMAN), made the plea during a meeting with the Minister of Finance held at […]
Nigeria has suspended talks with MTN Group Ltd. about a record $3.9 billion fine on the wireless company indefinitely while the country’s House of Representatives completes an investigation into the size of the penalty and how it was delivered. The lawmakers “have set up a committee to investigate the MTN saga and they are still […]