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FG Unveils Draft Power Purchase Agreement

A draft Power Purchase Agreement (PPA) and vesting contract for Nigeria’s emerging electricity market has been released by the Bureau of Public Enterprises (BPE) for comments from investors in the sector.
Updated 7 Years ago

Blackout Looms as Power Supply Drops by 1,000mw

Efforts by the Federal Government to improve power supply have received a major blow as generation has dropped by 1,000 megawatts owing to “sabotage leak” at Shell-operated Utorogun Gas Plant, a major gas source for the power generating stations.
Updated 7 Years ago

Finance Minister named World’s 87th Most Powerful Woman

Minister of Finance, Dr. Ngozi Okonjo-Iweala, is the 87th most powerful woman in the world, according to Forbes magazine’s list of 100 most powerful women released yesterday.
Updated 7 Years ago

PDP Chairmanship: Pro-Jonathan Group Roots for Tukur

As the Peoples Democratic Party (PDP) continues its search for a new chairman for the party, Rebuild Nigeria Initiative, one of the political pressure groups that worked for the emergence of President Goodluck Jonathan at the last presidential elections.
Updated 7 Years ago

Nigeria, S’Africa: Jonathan Wants Easier Visa Procedures

President Goodluck Jonathan yesterday directed that every means be explored for easing the visa issuance procedures for citizens of Nigeria and South Africa who wished to visit either of the countries.
Updated 7 Years ago

Nigeria’s Press Freest in Africa, Says Abdulsalami

Former Military Head of State, General Abdulsalami Abubakar, yesterday extolled Nigeria’s vibrant press system, saying the country has the freest press in Africa.
Updated 7 Years ago

Police Arrest Uwazurike, 400 MASSOB Members

The Police in Enugu, yesterday, arrested the leader of the Movement for Actualisation of the Sovereign State of Biafra (MASSOB), Chief Ralph Uwazurike, and over 400 members of the group.
Updated 7 Years ago

Real democracy dependent on true federalism, says Amucheazi

Former Director General of Mass Mobilisation for Self Reliance, Social Justice and Economic Recovery (MAMSER) and National Orientation Agency (NOA), Prof. Elochukwu Amucheazi, says real democracy cannot take root in the country, except true federalism was put in place.
Updated 7 Years ago

Aikhomu was My Regime’s Pillar, Says IBB

One week after his erstwhile deputy, Admiral Augustus Aikhomu, died in Lagos, former Military President, Gen. Ibrahim Babangida, yesterday described him as the pillar of his eight-year administration.
Updated 7 Years ago

Mbanu, Akewula’s form excites coach Akinloye

THE two teenagers who made the Nigerian tennis team to the Mozambique 2011 All Africa Games, Onyeka Mbanu and Biola Akewula, have been described as potential champions in the sport by the national coach, Rotimi Akinloye.
Updated 7 Years ago

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