Saturday, October 10, 2026
Gencos allege N1.7tn federal government funding shortfall
The electricity generation companies (Gencos) yesterday raised the alarm over the federal government’s failure to make plans on how to fund the...
Read moreDetailsEx-NNPC top officials, firm under probe over N8.1b Bonga oil field judgment
SIX former top officials of the Nigerian National Petroleum Corporation (NNPC) are under investigation for their involvement in the award...
Read moreDetailsAbia State government sets up infrastructure development council
…oil-rich $12.5bn economy suffers deficit Abia State government has set up an Infrastructure Development Council (IDC) to cater for the...
Read moreDetailsUS risk research firm signals investors Nigeria could see fiscal crisis, insecurity, lack of electricity, outsourcing of governance reign on
Global investors looking at Nigeria in this election year up to the near and medium terms, have been tacitly signaled...
Read moreDetailsLet’s not play politics with pump price of fuel – Donald Duke warns
Donald Duke, Nigeria’s presidential candidate for the Social Democratic Party (SDP) warns that “the oil and gas sector are too...
Read moreDetails$5.72bn Mambilla Power loan talks with Chinese government making progress, says Nigeria power minister
The Nigerian government said talks are now at advance stage with the Chinese government to secure $5.72 billion to finance...
Read moreDetailsBPE pays outstanding labour liabilities of over N1.0bn to defunct PHCN staff, retirees
The 408 active staff and retirees including next-of kin (NOK) of the defunct Power Holding Company of Nigeria (PHCN) who...
Read moreDetailsPrice of cooking gas rises marginally – NBS
The National Bureau of Statistics (NBS) said the average cost of refilling a five kilogramme (kg) cylinder of Liquefied Petroleum...
Read moreDetailsNigeria electricity workers union seeks review of power privatisation
The Nigeria Union of Electricity Employees (NUEE) has asked the federal government to review the privatization of the country’s power...
Read moreDetailsNigeria’s president Buhari charged DISCOs on electricity
Muhammadu Buhari, Nigeria's President said Tuesday that his administration is committed to lawful interventions to ensure that operators in the...
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