China’s curious engagements in Africa
Nigeria – China relations is similar in several respects, to China dealings with other African countries for the obvious reason that they face largely similar challenges and have basically similar development needs.
Government proposes model to end estimated electricity billing in three years
The policy paper, which was released by the Nigerian Electricity Regulatory Commission (NERC), has the backing of the Minister of Power, Works and Housing, Babatunde Fashola.
Poor infrastructure threatens 2017 non-oil export revenue target
For operators in the nation’s non-oil export sector, the parlous state of infrastructure at the various gateways may be costing the economy more than it hopes to realize from the sector if the concerns linger further.
Fashola urged to pursue housing reforms
Disturbed that past efforts to provide solutions have failed, a Lagos-based firm, RevolutionPlus Property Development Company has urged the Minister of Works, Power and Housing, Babatunde Fashola to facilitate the amendment of the Land Use Act.....
TCN wheeled out 105,535.8 megawatts of electricity in September
The Transmission Company of Nigeria (TCN) on Friday said it wheeled out 105,535.8 megawatts of electricity in September.
Federal Government approves N26 billion to pay debt owed DISCOs by MDAs
The Federal Executive Council (FEC) yesterday approved N26 billion to facilitate the payment of accumulated debt owed electricity Distribution Companies (DISCOs) for power consumed by Ministries, Departments and Agencies (MDAs).
No plans to cancel power sector privatisation, says government
The Federal Government has ruled out the possibility of revoking licences given to private sector investors to run the country’s power sector.
Governors seek to take over, manage federal roads
Governors of the 36 states of the federation have agreed to take over the construction and management of some federal roads under a Public Private Partnership (PPP) arrangement.
Government justifies N701bn power sector’s payment assurance guarantee
The N701billion-payment assurance guarantee Power Sector Recovery Programme (PSRP), is consistent with Section 76(2)(b) of the Law, which seeks to ensure that producers of power recovered their investment and some profit, the Minister of Power, Works and Housing, Babatunde Fashola has said.