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Sokoto Plant to Generate Power at N178/kilowatt

The Sokoto State power plant will generate electricity at N178 per kilowatt, more than three times its current price in the region, Daily Trust investigations have shown. The 38-megawatt Independent Power Plant (IPP) was built by the state at the cost of N3.8 billion and...

Fayose Knocks FG for Increasing PAYE Tax

The Ekiti State Governor, Ayodele Fayose, has called on the Federal Government to rescind its decision to reduce workers’ salaries through obnoxious increment in Pay As You Earn, pension and National Housing Fund deductions. According to him, with the deductions, some workers now have as...

States Meet to Consider Fresh Revenues Sources

Determined to find a way to augment the shortfall in revenues accruing to them from the Federation Account, some states gathered in Enugu and considered creative ways to boost their revenue base. The states, namely Enugu, Rivers, Delta and Lagos as well as the FCT,...

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 by Planet Project and Transport...

N300m mansions for Oshiomhole, deputy, immoral – PDP, SERAP

The Edo State chapter of the Peoples Democratic Party has condemned the recent amendment to the pension rights of former governors and deputy governors by the state House of Assembly, which provided them with houses worth N300m. The House had on Wednesday amended the 2007...

Lagos to get Oil Derivation Fund

The Lagos State Governor, Mr. Akinwunmi Ambode, has said that the state expects to get its first derivation fund next month following the first export from the Aje oil field located offshore Lagos. Ambode disclosed this on Tuesday in Lagos at this year’s annual international...