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Ibadan Discos Accused of diverting Bailout Fund

The Ibadan Electricity Distribution Company (IBEDC) has been found wanting by an audit report in the management bailout fund for the electricity sector. The company is among the first of the two DisCos to get a loan of N11.36 billion from the N213bn NEMSF. Records showed...

FG donated $15m for Rivers helicopters – Amaechi

The Federal Government contributed $15 million to purchase of the two controversial surveillance helicopters by the Rivers State Government, during the tenure of former Governor Rotimi Amaechi. A statement by the Amaechi Media Office yesterday said the former governor and now minister of transportation procured...

Bauchi Gets $50M AfDB Infrastructure Grant

The African Development Bank has provided $50 million in grant to Bauchi state for instrastructure development, officials say. Bauchi state water resources commissioner Muhammad Abdulhami told journalists in the capital that the amount is part of a $250 million fund set aside by the bank...

Delta Set for CBN Anchor Plan

Delta Government has registered over 30,000 farmers across the selected enterprises of Cassava, Oil Palm, Rice and Fisheries for the CBN Anchor Borrowers Programme. The State Commissioner for Agriculture and Natural Resources, Mr Austin Chikezie, disclosed to NAN in Asaba. He said that the aim was...

Farming: Kaduna Employs 10,000 Youths

The Kaduna State Government has begun the cultivation of 10,000 hectares of land to create job opportunities for 10,000 youths. The Executive Secretary of the Kaduna State Industrialisation and Micro-Credit Management Board, Alhaji Sabi’u Sani-Isma’ila said. He said that the programme would strengthen national food security,...

Taskforce Recovers Stolen Power Installations

The Anti Vandalism Joint Task Force recently inaugurated by the MD/CEO of Kano Electricity Distribution Company Plc (KEDCO) Dr Jamil Isyaku Gwamna, has recovered electrical installations worth millions of Naira from suspected vandals in Kano. A statement by KEDCO’s spokesperson, Mohammed Kandi said the JTF...