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Nigeria Bulk Electricity Trading Plc
The Association of Nigerian Electricity Distributors has accused the Minister of Power, Works and Housing of spending $5.6 million to generate 1 megawatt of electricity instead of $1.5 million proposed by power developers from the private sector.
Nigeria’s Minister of Power, Works and Housing, Babatunde Fashola, on Monday said he was not afraid of going to the law court over allegations of preferential treatment offered two power generating companies.
Power Generation Companies (GENCOs) have sued the federal government for alleged discriminatory treatment of the companies and their gas suppliers with intent to harm their business interests.
The Nigeria Bulk Electricity Trading Plc (NBET) has disbursed a total of N152.974 billion to 23 power generation companies (Gencos) within the first seven months of 2017, according to a report.
The Power Purchase Agreement (PPA) between Kingline Development (KLD) and Nigeria Bulk Electricity Trading Plc (NBET) for construction of 550Mega Watts(MW) plant valued at 550million dollars will boost confidence of would-be investors in the project.
The Federal Government has signed Power Purchase Agreement (PPA) with Mabon Nigeria Limited, which is currently executing 40 megawatts hydro-power project.
Governors elected on the platform of the All Progressives Congress (APC) have said that the party would field candidates in 2019 elections in Zamfara State despite current challenges.
Eleven people on Wednesday in Abuja suffered varying degrees of burns from a gas explosion that occurred at Rosy Restaurant Area 11.
The Nigeria Labour Congress (NLC) has urged the Federal Government (FG) to accelerate the implementation of the new minimum wage proposed by the tripartite committee on the issue.
The Lagos State Police has arrested a bricklayer, Yinusa Olowu, 25, for sexually defiling a three year old girl (names withheld) while in her non-registered primary school, Smart Kids Day School, in Bariga area of the state.
Rui Faria has ruled himself out of the running to become the next manager of Aston Villa, according to Sky Sports.
The Supervising Minister of Finance, Zainab Ahmed, on Friday expressed serious concerns over the rising incidence of non-performing loans (NPLs) in deposit money banks (DMBs) in the country.
Nigerian singer Oladapo Oyebanjo, a.k.a D’banj, walked the runway at the African Fashion International Johannesburg Fashion Week.
Palpable tension have continued to envelope the ancient town of Badagry, Lagos State, as residents await announcement of result of All Progressives Congress primaries into the House of Representatives and State House of Assembly.
Cristiano Ronaldo has been left off Portugal's squad for two upcoming matches as he fights a rape allegation.
A painting by mysterious British artist Banksy shred itself into pieces at the moment it was sold for more than one million pounds at a London auction.