FG questions bank data accuracy The Federal Government of Nigeria is spending $1.5bn (N568.5bn at N379/$ exchange rate) annually to fund electricity tariff shortfalls, the
Ibadan Electricity Distribution Company (IBEDC) says it generates over N7 billion revenue monthly from its coverage areas. The Chief Technical Officer of IBEDC, Mr Akin
What may have caused a huge international embarrassment and litigation was averted last Friday, as President Muhammadu Buhari ordered the restoration of Oil Mining Leases
The Nigeria Petroleum Development Company Limited (NPDC) on Saturday said over 10,000 indigent students from its host communities had benefited from its scholarship programmes since
■ DISCOs, NERC open up on programmes’ challenges, prospects ■ Senate furious over N33.4 billion already sunk into project At the moment, having electricity meter,
— Minister blames indebtedness on DisCos low remittances ***Fed Govt enforces anti-piracy law The Federal Government is currently indebted to the electricity generation companies (GenCos)
In 19 straight months of not processing any barrel of crude oil, the government-owned refineries in Nigeria recorded a total loss of N177.21bn, the latest