Economic Confidential

Only 161,640 Customers Metered in 10 months – Report

An updated metering report in the power sector has said only 161,640 customers got meters between January and October 2016. Most of the 11 electricity Distribution Companies (DisCos) may not attain their annual target of installing 100,000 meters this year...

Fitch Doubts Nigeria’s Crude-for-loans Deals with India, China

Fitch Ratings, a global credit rating agency, has expressed doubt over Nigeria’s multi-billion dollar crude-for-loans prepayment deals with India and China. The Minister of State for Petroleum, Dr. Ibe Kachikwu, recently said the country had negotiated a $15bn investment with...

Ogun to Begin Agbara-Berger Rail Projects January

The construction of a total of 195 kilometres of light rail projects will commence in three different locations in Ogun State in January next year, Governor Ibikunle Amosun has said. Amosun, who spoke in Lagos at a rail conference organised...

House Committee Promises to Support the Rebuilding Process in NIMASA

The House of Representatives Committee on Maritime Safety, Education and Administration has resolved to support the rebuilding efforts of the Nigerian Maritime Administration and Safety Agency (NIMASA) in its quest to reposition, reform and restructure for the benefit of...

It’s Illegal for States to Issue EIA Certificates – FG

The issuance of Environmental Impact Assessment certificates by state governments is illegal, the Federal Government has said. It stated this following the rising cases of issuance of EIA certificates by different agencies of state governments, stressing that it was the...

Confusion as Explosion Rocks NPDC Pipeline in Delta

There was confusion in some parts of Ughelli in Delta State  when an explosion rocked a pipeline belonging to Nigerian Petroleum Development Company (NPDC). Though security operatives believed that the explosion was as a result of a fault, some community...
spot_img

latest articles