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Friday, November 10, 2023
WE ARE VINDICATED - KWARA PDP REACTS TO REPORT TAGGING ABDULRAHMAN AS DIASPORA GOVERNO... Urges AA to stop wasting taxpayers' money on daily chattered jet*l
Wednesday, October 25, 2023
BREAKING: SUPREME COURT TO DECIDE TINUBU, ATIKU, OBI'S FATE THURSDAY
Tuesday, October 24, 2023
PARLIAMENTARY STAFF SET TO SHUT DOWN NATIONAL, STATE ASSEMBLIES
Friday, October 20, 2023
KALU APPLAUDS COURT OF APPEAL FOR DISMISSING AA’s PETITION AGAINST HIS ELECTION
Thursday, October 19, 2023
FG TO REVIEW DISCOS, GENCOS' S OPERATIONAL LICENCE
The licenses, granted under the privatisation exercise, were initially designed to last for a decade. As the review date approaches, there is apprehension among power sector investors uncertain about license retention.
The review will assess key performance indicators (KPIs), service level agreements (SLAs), and vesting contracts.
The licences granted to operators and players in the power sector under the privatisation exercise was designed to last for 10 years, implying it has 10-year moratorium from November 1, 2013 to October 31, 2023.
While there is palpable fear, some key stakeholders have called for caution, saying the entire privatisation initiative was not properly structured to support private sector investment.
Those who spoke to our correspondent critically examined how the Nigerian government fared in its original 60 per cent equity stakeholding in the privatised power sector ecosystem and what the privatisation of the electricity sector value chain contributed significantly to improving the general wellbeing of the nation’s electricity sector value chain/economy.
Addressing the fear, former power minister, Prof. Barth Nnaji blamed certain regulatory hiccups and inadequate policy direction to whatever imbalances the sector has witnessed.
According to Nnaji, the Nigerian Electricity Regulatory Commission (NERC) has cautiously failed to implement a cost-reflective tariff regime which has negatively and significantly affected DisCos’ return on investment.
Nnaji said the decision by NERC to discharge that responsibility could be political given that the metering gap on the one hand and appropriate billing on the other will choke citizens who are already grumbling over escalating costs of living after petrol subsidy removal.
He further asserted that the erosion of the currency in Nigeria, a type not yet seen in other countries, heavily deterred DisCos from investing in infrastructure and also adequately providing technical support services to decaying assets.
“We should understand that most parts used in servicing critical assets are imported and with foreign exchange fluctuating and rising as well as being in short supply, it limits the ability of DisCos to procure necessary equipment to support service delivery,” he said
Tuesday, October 10, 2023
COURT DISQUALIFIES BAYELSA APC GOV'SHIP CANDIDATE SYLVA
Sunday, October 8, 2023
PENGASSAN CONFIRMS RETURN OF SUBSIDY ON PETROL
Wednesday, October 4, 2023
N100bn CNG BUSES: SENATE REJECTS CBN LOANS, WARNS TINUBU AGAINST ILLEGAL SPENDING
The Senate through its Committee on Gas, led by Senator Jarigbe Jarigbe, urged the executive arm of government to expeditiously present a 2023 Supplementary Budget to the National Assembly to kick start the Compressed Natural Gas project.
This request came barely 48 hours after President Bola Tinubu announced measures to cushion the pains of fuel subsidy removal on Nigerians.
The lawmakers insisted that the law was against extra-budgetary spending.
Monday, October 2, 2023
LABOUR PRESSES ON, TO DECIDE ON STRIKE
Sunday, October 1, 2023
NO APOLOGY FOR BACKING NORTHERN CANDIDATE.... ABDULLAHI ADAMU
63RD INDEPENDENCE: NIGERIA ALWAYS EMERGES STRONGER FROM CHALLENGES OF NATION BUILDING: KWARA GOV
63RD INDEPENDENCE ANNIVERSARY: IT MAY BE DIFFICULT NOW BUT NIGERIA WILL RISE AGAIN.... SARAKI
Friday, September 29, 2023
CBN GOV. MAPS OUT AGENDA; PROMISES TO TACKLE IMPEDIMENT TO LIQUIDITY
Thursday, September 28, 2023
WIKE SACKS 21 HEAD OF AGENCIES IN FCT
Saturday, September 23, 2023
JUST IN: WAEC ANNOUNCES PLAN TO BEGIN COMPUTER-BASED TEST (CBT) FOR SSCE
LP CONDEMNS KILLING OF SECURITY AGENTS, BURNING OF BUSINESSES, HOUSES IN IMO
NMDPRA TO SANCTION FUEL STATIONS OPERATORS WHO ALTERS PETROLEUM PUMPS
MOHBAD, HAD GOOD RESULTS; AIMED TO STUDY ACCOUNTING. – FORMER SCHOOL PRINCIPAL
Thursday, September 21, 2023
MTV BASE BANS MARLIAN MUSIC
Wednesday, September 20, 2023
PRESIDENT TINUBU TO SET NEW MINIMUM WAGE NEXT WEEK
KANO TRIBUNAL GOES ON RECESS AHEAD OF FINAL VERDICT
Tuesday, September 19, 2023
TINUBU MEETS RAMAPHOSA FOR FIRST BILATERAL ENGAGEMENT AHEAD OF 78TH UNGA
Monday, September 18, 2023
FUEL SUBSIDY: NIGERIAN GOVERNMENT MEETS ORGANISED LABOUR IN ABUJA TO AVERT INDEFINITE STRIKE
Sunday, September 17, 2023
STRIKE: LABOUR MINISTER INVITES NLC FOR MEETING
TINUBU APPOINTS JEMILA IBRAHIM AS YOUTHS MINISTER
Friday, September 15, 2023
BUA CEMENT SETS TO REDUCE PRICE
UNIVERSITY OF TRANSPORTATION IN DAURA TO COMMENCE ACADEMIC SESSION IN OCT
Thursday, September 14, 2023
NOLLYWOOD ACTRESS CINDY AMADI IS DEAD
Her death was confirmed in a statement issued by the producers of the film, posted on their Instagram page.
It read; We are greatly, deeply, and unbelievably saddened to learn about the passing of Cindy Amadi, who played Adaora in #ìféthemovie.
Cindy brought her magic to our set and changed our lives forever. She was very enthusiastic about developing her craft and growing her career, and continuing to showcase her talent. She was well on her way until her untimely passing.
We cannot begin to imagine the pain and loss her family feel right now. On behalf of our entire cast and crew, we send our deepest condolences to her family and wish them all the comfort they need at this time.
Rest in Peace, Cindy. Thank you for sharing your gift with us. We will always remember you, and you live on in our hearts forever.
BREAKING: TINUBU APPOINTS ZACCH ADEDEJI FIRS’ ACTING CHAIRMAN
Wednesday, September 13, 2023
LABOUR PARTY EXPRESSES SHOCK ON SPATE OF JUDGEMENTS SOFAR
NIGER STATE GOV TO SPEND N1TR ON INFRASTRUCTURE
FEDERAL GOVERNMENT TO BEGIN LAGOS- KANO RAIL FREIGHT.
BOUNDARY DISPUTE: REPS TO CEDE ADAMAWA TERRITORY TO CAMEROON
Tuesday, September 12, 2023
BREAKING: TRIBUNAL SACKS PDP REPS MEMBER IN PLATEAU
FG LAUNCHES POWER OUTAGE REPORTING APP
Monday, September 11, 2023
BREAKING: TRIBUNAL SACKS ANOTHER NNPP HOUSE OF REPS MEMBER IN KANO
FCT PRIMARY SCHOOL TEACHERS BEGIN STRIKE OVER UNPAID ARREARS
Sunday, September 3, 2023
MAKINDE APPROVES SELECTION OF RCCG PASTOR AS NEW SOUN OF OGBOMOSOLAND
Saturday, September 2, 2023
ABIA STATE GOV OTTI SACKS 7000 CIVIL SERVANTS EMPLOYED FROM DECEMBER 2022 TILL DATE
WE ARE VINDICATED - KWARA PDP REACTS TO REPORT TAGGING ABDULRAHMAN AS DIASPORA GOVERNO... Urges AA to stop wasting taxpayers' money on daily chattered jet*l
The Peoples Democratic Party, PDP, in Kwara State has lauded the investigative report by one of the country's foremost Newsp...
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Some civil servants across several Ministries, Departments and Agencies (MDAs) have been suspended for alleged salary “padding”....
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.A former aspirant of People's Democratic Party (PDP) for the Ipaye, Malete Oloru state constituency, Hon. Kareem Abiodun Ba...
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The death of a prominent Islamic scholar, Shaykh Abdulganiy Aboto,has been described as a great and irreparable loss...