Wednesday, 5th February 2025
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Olu Verheijen

5 hours ago
Stakeholders yesterday expressed concerns over the Federal Government’s plan to overhaul its electricity subsidy programme, which currently costs over N200 billion monthly. 
1 day ago
Electricity consumers, especially about 30 percent of Nigerians, who live in urban centres will be subsidised to the tune of N2.4 trillion in 2025, although generation will remain epileptic.
4 Oct
The federal government has announced that it is looking forward to no less than 4 million barrels per day oil production and 10bcf of gas output by 2030. Special Adviser to the President on Energy and head of the Energy Office of the Presidency, Mrs. Olu Verheijen, disclosed this in a statement on Thursday. Verheijen,…
18 Sep
The Federal Government has stated that major energy reforms introduced in Nigeria since June 2023 are focused on improving energy security, attracting investment and deepening collaboration with key partner
28 Apr 2024
Even before President Bola Tinubu assumed office, we needed to understand the root cause analysis of why we were where we were in the energy space beyond crude theft.

Latest

26 mins ago
French Prime Minister Francois Bayrou is expected on Wednesday to survive a no-confidence vote in parliament, winning some breathing space after less than two months in office but by no means ensuring his long-term future. Bayrou, a veteran centrist named by President Emmanuel Macron in December to end months of political crisis, on Monday used…
27 mins ago
Nollywood’s new family drama, Something About the Briggs, has kicked off at the box office with  ₦22.5 million in its first weekend, making it the second highest-earning film within that period. The movie, which tells the story of a wealthy but troubled family, is already drawing cinema lovers in large numbers. The film hit cinemas…
34 mins ago
The US Postal Service (USPS) said Tuesday it was temporarily suspending inbound parcels from China and Hong Kong, shortly after President Donald Trump's imposition of fresh tariffs targeting Beijing. The halt will take place "until further notice," and follows Trump's order for an additional 10 percent levy on Chinese imports starting Tuesday. The order, unveiled…
42 mins ago
Australia has banned DeepSeek from all government devices on the advice of security agencies, a top official said Wednesday, citing privacy and malware risks posed by China's breakout AI program. The DeepSeek chatbot, developed by a China-based startup, has astounded industry insiders and upended financial markets since it was released last month. But a growing…
45 mins ago
Mexico on Tuesday began moving troops to its northern border as part of a 10,000-member deployment that President Claudia Sheinbaum promised US counterpart Donald Trump in exchange for a delay of his tariffs. "The deployment has already started," Sheinbaum told reporters a day after announcing a last-minute deal with Trump to tighten measures against illegal…
51 mins ago
The Federal Road Safety Corps (FRSC) has declared that it would not be deterred by threats from the National Association of Nigerian Students (NANS) over the impoundment of vehicles with fake number plates. The FRSC Corps Marshal, Malam Shehu Mohammed, said this in a statement by the Corps Public Education Officer (CPEO) Assistant Corps Marshal…
56 mins ago
President Bola Tinubu has approved N80 billion for the reconstruction and expansion of the Alau Dam in Borno. Prof. Joseph Utsev, the Minister of Water Resources, confirmed this during a briefing with State House correspondents following the second FEC meeting of the year on Tuesday. Utsev, also the chairman of the inter-ministerial committee on dams,…
1 hour ago
US President Donald Trump said Tuesday he was not in a hurry to speak with his Chinese counterpart Xi Jinping, despite expectations that they would hold talks after announcing tit-for-tat tariffs in a growing trade conflict. Beijing said it was imposing levies on imports of US energy, vehicles and equipment in a return salvo minutes…
1 hour ago
The management of the University of Lagos (UNILAG) said it would soon unveil a policy document on the ethical use of artificial intelligence (AI) in academic activities to “enhance critical thinking rather than fostering plagiarism and academic indolence”.
1 hour ago
The Federal Executive Council (FEC), yesterday, gave approval to the Debt Management Office (DMO) to raise a N758 billion bond to clear the backlog of pension liabilities for all categories of pensioners.