FG Releases 50% of Funds for Capital Expenditure The Minister of State for Budget and National Planning, Zaynab Ahmed, on Wednesday said the Federal Government had...
IMF Tells Nigeria to Address Recession With Coherent Policies The Federal Government needs to address the biting recession in the country with “a coherent and consistent...
Swedish Investors Seek Opportunities in Power, Mining Swedish companies seeking investment opportunities in the mining and electricity industries on Tuesday stormed the headquarters of the Federal...
Nigeria’s Projected 2.5mbpd Oil Output Cannot Grow Economy The Nigerian Association of Energy Economics (NAEE) has said Nigeria’s constant projection of 2.5 million barrels per day...
FG Unveils Plan for Economic Diversification, Growth The Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah, has stated that the strategic focus of the ministry’s...
FG Begs AfDB to Fast-Track $1bn Loan The Federal Government has appealed to the African Development Bank to fast-track the $1bn loan facility it promised as...
Power Firms Seek FG’s Intervention on Tariff To avert an increase of over 200 per cent in electricity tariff payable by residential consumers in the near...
PHED Laments N27.6bn Yearly Unpaid Electricity Bills The Port Harcourt Electricity Distribution Company has lamented that it is losing about N27.6bn every year as unpaid bills...
Power Sector Debts Hit N809bn The indebtedness to Nigeria’s power sector as a whole is worth N809bn, industry operators have revealed. According to the chief executive...
Kaduna to Spend N3.12bn on Power in 2017 The Kaduna State Government has earmarked N3.12bn for various electricity projects in the state in 2017. The projects...
