Nigeria’s Debt Profile Hits N32.92trn
The National Bureau of Statistics (NBS),says public debt portfolio as at Dec. 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. The current debt profile was for the
Suggestions
Meter Bypass: NERC Directs DisCos To Enforce Strict Detection Procedures
The Nigerian Electricity Regulatory Commission (NERC) has unveiled a new regulatory order directing electricity distribution companies to adopt a comprehensive Standard Operating Procedure (SOP) to detect and address meter tampering, illegal connections
Tinubu Seals OPL 245 Settlement, Secures Major Eni-Shell Deepwater Project
President Bola Tinubu, has announced the successful conclusion of a historic settlement agreement between the Federal Government of Nigeria, ENI, and Nigerian Agip Exploration Limited (NAEL). The announcement was made on Thursday
Anambra Boosts Oil Status, Eyes Modular Refinery After 10-Well Recovery
The Anambra State Government has recovered 10 oil wells belonging to the state which were earlier given to Delta State. The Managing Director of Anambra State Solid Mineral Development Company and chairman
Blackouts Deepen As Gas Constraints Slash Power Generation To 3,940MW
Electricity generation on national grid dropped on Thursday due to persistent gas supply shortages affecting several thermal power plants in Nigeria. Confirming this in a statement, the Nigerian Independent System Operator (NISO)
Reps Grill Customs, CBN, NPA Over Crude Export Revenue Shortfalls
The House of Representatives has speed up its investigation into alleged export revenue gaps, querying the Nigeria Customs Service (NCS), Central Bank of Nigeria (CBN) and Nigerian Ports Authority (NPA) over inconsistencies
Kano Assembly Moves To Sack Deputy Governor
About 38 members of the Kano State House of Assembly have signed a notice seeking the impeachment of the Deputy Governor of Kano State, Aminu Abdussalam Gwarzo, over allegations of gross misconduct,
NERC Stiffens Penalties For Meter Bypass, Energy Theft
The Nigerian Electricity Regulatory Commission (NERC), has streamlined set of procedures aimed at curbing electricity theft and meter bypass, saying such illegal activities are counterproductive to power stability in communities across the
BRGIE: Biafra Will Be Safe Haven For Persecuted Christians In Northern/Middle Belt
The Biafra Republic Government in Exile, has said Biafra after independence would be a safe haven for persecuted Christians in Northern and Middle Belt Nigeria. The Prime Minister of BRGIE, Ogechukwu Nkere,
Ibom Air Complies With NCAA, Bans Power Banks In Overhead Compartments
Ibom Air has complied with a new safety directive issued by the Nigerian Civil Aviation Authority (NCAA), restricting the carriage and storage of power banks in overhead bins during commercial flights. Mrs.
Reps Issue 48-Hour Ultimatum To REA Boss, Threaten Arrest Over Snub
The House of Representatives Committee on Renewable Energy on Tuesday issued 48- hour ultimatum to the Managing Director of the Rural Electrification Agency (REA), Abba Abubakar Aliyu, and the Head of the Nigeria
