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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.
Efforts by the embattled senator representing Kogi East Senatorial District at the National Assembly, Senator Attai Idoko, to retain his seat on Thursday, suffered a setback as a Federal High Court in Abuja struck out his suit seeking to reopen the case decided against him up to the Supreme Court.
Niko Kovac wants Bayern Munich to repeat their defensive performance from the Liverpool game when they return to Bundesliga action against Hertha Berlin on Saturday.
A Nigeria Professional Football League (NPFL) club will soon win a continental trophy.
The Federal Government on Thursday said that it would complete the N5.5 billion Ila-Oragun-Ekanmeje road project, Osun, before the end of the year.
Mr Martin Ilo, one-time Secretary to the Enugu State Government under former Gov. Sullivan Chime’s administration, has passed on at the age of 50, NAN reports.
About 56,000 students have demonstrated their desire to become the Cowbellpedia Maths champion, as they participate in the qualifying examination of the 2019 Cowbellpedia Secondary School Mathematics TV Quiz Show, sponsored by Cowbell, the flagship brand of Promasidor Nigeria Limited.
The South African government on Friday threw its weight behind Olympic 800 metres champion Caster Semenya ahead of next week’s landmark hearing against proposed rules that aim to restrict testosterone levels in female runners.
The Joint Admissions and Matriculation Board (JAMB) says not less than 1.8 million candidates would be registered for its 2019 UTME by the end of the registration exercise scheduled for Feb. 21.
The Federal Government has ordered the closure of all land borders with effect from 12pm on Friday (today) to Sunday due to the Presidential and National Assembly polls scheduled to hold Saturday.
President Muhammadu Buhari Saturday in Abuja said he was disappointed by the decision of the Independent National Electoral Commission (INEC) to postpone the earlier scheduled 2019 general election despite the long period it had to prepare for the polls.