The Minister of Power, Works and Housing, Mr Babatunde Fashola, says his directive to Nigerian Electricity Regulatory Commission (NERC) is rectify issues impeding electricity supply in the country, but not to demonise DisCos.
Also, the minister freely lampooned the Executive Director, Research and Advocacy of the Association of Nigerian Electricity Distributors (ANED), Mr. Sunday Oduntan, who responded to his orders for the Discos. He specifically called Oduntan an interloper.
Nigerian President Muhammadu Buhari ended a four-day visit to the Netherlands on Wednesday, after voicing staunch backing for the International Criminal Court and giving oil giant Shell a nod for a new $5bn investment deal.
Sunday Oduntan, executive director, research and advocacy, Association of Nigerian Electricity Distributors (ANED), says the federal government lied on its claims of improvement in power generation.
The Senate has approved the payment of N348 billion as outstanding subsidy claims to 74 petroleum marketers.
The House of Representatives yesterday ordered immediate suspension of all Pipeline Surveillance Contracts by the Nigerian Agip Oil Company (NAOC) in Bayelsa State.
The Enugu Electricity Distribution Company (EEDC), says it has expended N10 billion on the procurement and installation of certified prepaid meters for its customers within the South-East.
The Lagos headquarters of ExxonMobil has been shut down by the company’s workers’ unions over the sacking of 860 spy police without entitlement.
A former Director of the Department of Petroleum Resources (DPR) and Lead Consultant to the National Assembly on the Petroleum Industry Bill (PIB), Mr. Osten Olorunsola, has disclosed that oil and gas companies operating in the country shut down producing fields for up to 180 days yearly as a result of the operational challenges in the Niger Delta.
The Lagos headquarters of ExxonMobil has been shut down by the company’s workers’ unions over the alleged dismissal of 860 security personnel without entitlement.
Oando PLC’s shareholders can heave a sigh of relief as the Company, has set the record straight following claims in the mediawhich implied that Oando has been ordered by the London Court of International Arbitration (LCIA) to pay Ansbury Investment Inc. $680 million
The Nigerian National Petroleum Corporation (NNPC) has commenced a community integration and stakeholders’ engagement to sensitise people in Cross River ahead the planned oil palm-based bio-diesel project.
Mr Abiodun Adesanya, Managing Director, Degeconek Nigeria Ltd., urged the Federal Government to woo investors to carry out exploration of oil and gas in frontier basins to increase the country’s reserves.
The dispute between Gabrielle Volpi and the principals of Oando has been ongoing for over a year and has been a cause of concern for companies and individuals alike who look for investments to grow their business via individuals in the form of equity or debt.
The principals have chosen to speak as there were concerns that Volpi’s press release implied that they, Whitmore Limited, had a total indebtedness of $680 million.
Neymar has claimed that he is the subject of double standards when he plays for Paris Saint-Germain and Brazil.
LA Galaxy striker Zlatan Ibrahimovic says he would be President of the United States of America if he had arrived 10 years earlier.
No fewer than 200 children of victims of bandits’ attack in Rabah Local Government Area of Sokoto State have been immunised against polio.
Manchester United's Matteo Darmian is one of a number of full-back options Napoli are considering moving for this summer, confirmed the club's president Aurelio De Laurentiis.
The former Chairman of the new Peoples Democratic Party (nPDP), Alhaji Abubakar Kawu Baraje, has said that members of the party and the supporters of the Senate President, Dr Bukola Saraki, have decoded to dump the ruling All Progressives Congress (APC) with or without the senate president, even as he described the juicy appointments being offered them by the presidency as an embarrassment.
National Leader of the All Progressives Congress, (APC) Sen. Bola Tinubu, on Sunday said the election of Dr Kayode Fayemi in Saturday’s gubernatorial poll was a victory for the people.
U.S. President Donald Trump made eight requests for a meeting with Iranian President Hassan Rowhani, all of which were rejected, the Iranian leader’s chief of staff said Wednesday.
A 26-year-old security guard, Friday Okon, on Monday appeared before an Igbosere Magistrates’ Court in Lagos for allegedly stealing his employer’s valuables worth N2.9 million.
Last year, Qatar's finance minister Ali Sharif Al-Emadi said his country was determined to have everything ready for the 2022 World Cup well before fans started landing in the Gulf.
The president of the Nigeria-Malaysia Business Council (NMBC), Dr Michael Aderohunmu, has disclosed that the Council has entered into partnership with the Nigeria Exports Promotion Council (NEPC) and the Malaysia External Trade Development Corporation (MATRADE) to set up a trade corridor.