The coming anarchy

By Dr. Sam Amadi  IT happened in Owerri. Armed terrorists stormed a prison facility and released criminals. Today, Imo is […]

Lafarge Africa’s Power Plant Starts Operation in October

LAFARGE Africa Plc has said its newly constructed 220 megawatts power plant at Ewekoro in Ogun State will commence operation in October. Guillaume Roux, chief executive officer, CEO, Lafarge Nigeria, said the project worth $400 million (N78.8 billion) was executed in partnership with …

NERC Refuses to Fund NECAN

The Nigerian Electricity Regulatory Commission says it will not fund the Nigerian Electricity Consumers Advocacy Network to enable it to be independent of the regulatory body …

Abuja Disco Pays N8 billion Penalty

ABUJA Electricity Distribution Company, AEDC, has paid total penalties of N8 billion to the market operator, MO, for imbalance electricity take from the national grid from November 2013 when the government handed over electricity assets to private investors. AEDC in a statement by Ahmed …

Trade between Nigeria, China Hits N2 Trillion

THE Nigeria-China Business Council, NCBC, has said that the trade relations between both countries had increased from $2.7 billion (N531.9billion) in 2009 to $13 billion (N2.56trillion) currently. The volume of trade between both countries within the six-year period represents an increase of …

NERC Checks Estimated Power Bill

THE Nigerian Electricity Regulatory Commission, NERC, is putting a ceiling on the quantum of consumption that unmetered customers in a particular class can be billed by estimation in any particular month. The NERC made its plans public during a stakeholders’ consultative forum at its …

NIPP Plants Built Outside NERC Framework

The Nigerian Electricity Regulatory Commission says the 10 National Integrated Power Projects were built outside its regulatory framework, making it impossible for them to control the projects to improve electricity supply in the country despite $20 spent on them …

Katsina Wind Farm to Generate 10mw of Power

THE federal government will soon commission Nigeria’s first ever wind farm in Katsina State. The wind farm will generate 10 megawatts, MW, of electricity when completed. Godknows Igali, permanent secretary, ministry of power, in a statement, said that the 10MW Katsina wind farm has …

There is Fuel Subsidy in the 2015 Budget – Senate

THE Senate Committee on Finance, has denied the allegations in the media that the Senate did not make provision for fuel subsidy in the 2015 budget, which was passed by the lawmakers on Tuesday, April 28. Senator Ahmed Makarfi, chairman of the chairman, said on Thursday, April 30, …