FG Subsidises Electricity By N50bn Monthly - Power Minister       The Federal Government has been subsidising electricity supply across the country to the tune of over N50bn monthly, the Minister of Power, Sale Mamman, has said. He said the subsidy spendings were because the government was worried...

Reps To Probe MDAs Over N96bn Special Interventions Funds       The House of Representatives has directed its Committee on Finance to investigate the disbursement and utilisation of N96.191 billion Special Interventions Funds (SIF) provided to Ministries, Departments and Agencies (MDAs) between 2015 and 2020. This was sequel...

Reps Condemn $750m Yearly Loss To Gas Flaring       The House of Representatives says Nigeria is losing about $750m to gas flaring annually. It added that the flared gas could have been used to generate electricity for the country. The Federal Government has, however, said it is committed...

$10bn Required to Bridge Power Distribution Gap - FG       The federal government has said about $10 billion would be required to bridge the electricity distribution infrastructure deficit gap in the country. Speaking at the weekend during a television interview, Special Adviser to President Muhammadu Buhari on...

Senate Faults DPR For Spending N1.8bn On Uncompleted Projects       The Senate Committee on Ethics, Privileges and Public Petitions has faulted the alleged payment of N1.8bn by the Department of Petroleum Resources, to a private firm, Riverman Technologies Limited, for jobs not satisfactory executed. The private firm...

Fed Govt Loses N1bn To Ghost Pensioners Monthly       Nigeria Union of Pensioners (NUP), University of Benin branch, has disclosed that the Federal government lost N1Billion monthly to ghost pensioners monthly. The pensioners, in a Save Our Soul (SOS) message to President Muhammadu Buhari and signed by...