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Nigerian National Petroleum Corporation (NNPC)

NNPC secures $1.16 million US grant for 1,350MW Abuja power plant

The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have concluded arrangement to sign a 1.16 million dollar grant as part funding for the NNPC-Abuja Independent Power Project (IPP).
Power

Power supply worsens as generation drops to 2,915MW

The amount of electricity generated by the nation’s power plants fell below 3,000 megawatts on Friday, dropping by over 600MW in 24 hours.

Ikeja Electric: We followed due process in PPA agreement

Ikeja Electric has dismissed insinuations that it increased electricity tariff to prepaid meters residents in Magodo Estate, without any prior agreement.

Epileptic power supply will end in Aba – ex-minister

Former Minister of Power and Steel and Chairman of Geometric Power Limited (GP) Prof. Bartholomew Nnaji has promised that the perennial and inconsistent power supply in Aba would soon end.
Power

Power: Ondo community seals deal with IPP

Residents of Aboto community in Ilaje Local Government Area of Ondo State have sealed an agreement with R.R. Reynolds, an Independent Power Provider (IPP) on billing terms and prompt payment.
Water

Lagos water corporation appeals for calm over scarcity

The Lagos Water Corporation on Tuesday appealed to residents to exercise patience over the lingering water scarcity in some parts of the state, assuring that engineers were working hard to restore normal supply.
Nigerian National Petroleum Corporation (NNPC)

NNPC to build fertilizer, power plants

The Nigerian National Petroleum Corporation (NNPC) plans to build additional Independent Power Plants (IPP) in Abuja, Kaduna, and Kano which is expected to add 4,0000 megawatts of power to stabilise the national grid.

Ex-Governor Kalu: Ariaria market traders promise to re-elect President Buhari

Chief Orji Kalu, the candidate of the All Progressives Congress (APC) for Abia North Senatorial District, on Wednesday, said that traders at the Ariaria International Market, Aba, had promised to give at least 65 per cent of their votes to President Muhammadu Buhari in Saturday’s rescheduled poll.
President Muhammadu Buhari, who was on campaign trail to Lagos on Saturday, said his administration’s economic policies have been making the desired impact as evidenced by steady growth in the economy in the last three years.-15

President Buhari: Our economic policies making desired impact

President Muhammadu Buhari, who was on campaign trail to Lagos on Saturday, said his administration’s economic policies have been making the desired impact as evidenced by steady growth in the economy in the last three years.
Manufacturers Association of Nigeria (MAN)

MAN praises federal government on AfCFTA

The Manufacturers Association of Nigeria (MAN) has released its 2019 Economic Outlook report and acknowledged government’s efforts at carrying the private sector along on the issue of African Continental Free Trade Agreement (AfCFTA).
Manufacturers Association of Nigeria (MAN)

MAN advocates PPP programmes for infrastructure development

The Manufacturers Association of Nigeria (MAN) has urged the Federal Government to engage in Public-Private Partnership (PPP) programmes through concession agreements to ensure infrastructure development and economic growth.

Tayo Amusan: Proposed Abeokuta City Centre to create 4000 jobs

Not less than 4,000 direct and indirect employment opportunities will be created, when construction works on the Abeokuta City Centre, in the Ogun State capital, is completed.
Angela Freeman Miri

Federal university staff protest over withheld salaries, allowances

Staff of the Federal University Lokoja (FUL), on Monday staged a peaceful protest against the management of the institution over alleged persistent withholding of their salaries and duty allowances since 2017.
Vice President Yemi Osinbajo

Yemi Osinbajo: Resist return of looters to power

Vice President Yemi Osinbajo yesterday in Lagos urged Nigerians to resist the return of politicians who stole Nigeria dry into power in 2019.

REA: 1.5mw power project ready for Lagos Sura Shopping Complex

The Rural Electrification Agency says the 1.5 megawatts Independent Power Project (IPP) built for regular power supply to Sura Shopping Complex, Lagos and its environs is ready.
Benin Electricity Distribution Plc. (BEDC)

BEDC blames power outage on cable explosion

The Management of Benin Electricity Distribution Company (BEDC) on Friday blamed power outage in parts of Benin City, Edo, on cable explosion.

Governor Al-Makura sets up committee to probe activities of predecessors

Gov. Umaru Al-Makura of Nasarawa State has set up a 10-man committee to investigate the circumstances that led to the abandonment of the N5.4 billion Farin-Ruwa Independent Power Plant project.

Wale Babalakin: Foreign firms take Nigeria for granted

The Pro-Chancellor of the University of Lagos (UNILAG), Dr. Wale Babalakin (SAN), at the weekend said foreign firms lacked what he described as “emotional capital” required to develop Nigeria’s infrastructure.

Recent Stories

Washington resumed talks with the Taliban in Qatar Saturday, a U.S. source said, three months after President Donald Trump abruptly halted diplomatic efforts that could end America’s longest war.

US, Taliban return to peace talks in Doha – source

Washington resumed talks with the Taliban in Qatar Saturday, a U.S. source said, three months after President Donald Trump abruptly halted diplomatic efforts that could end America’s longest war.

Price of Bonny Light hits $65.47 per barrel

The price of Bonny Light, Nigeria’s premium oil grade, has risen from $63.00 to $65.47 per barrel as the Organisation of Petroleum Exporting Countries, OPEC, cuts output by 500,000 barrels per day, bpd.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

Court orders final forfeiture of hospital facility owned by Imo APC Reps member

A Federal High Court sitting in Owerri, the Imo State capital has ordered the final forfeiture of a multi-million-naira hospital facility allegedly belonging to the House of Representatives member representing Ideato North and South Federal constituency, Pascal Obi.
The National Human Rights Commission (NHRC) has called for the arrest and subsequent trial of operatives of the Department of State Services (DSS) and other security officials involved in the invasion of the Federal High Court in Abuja.

NHRC calls for arrest, trial of security operatives involved in ‘court invasion’

The National Human Rights Commission (NHRC) has called for the arrest and subsequent trial of operatives of the Department of State Services (DSS) and other security officials involved in the invasion of the Federal High Court in Abuja.

US Supreme Court blocks plans to bring back federal death penalty

The highest court in the U.S. blocked plans to bring back the death penalty on a federal level on Friday, days before a planned execution.