International Electricity Consumers Fail to Remit $51.26m – FG
International consumers failed to remit about $51.26m to Nigeria for electricity exported from Nigeria to the power users in 2023, the Federal Government revealed in the latest industry data showing the non-remittances by the consumers.
Also, another...
NERC: Togo, Benin Q2 Electricity Debt To Nigeria Hits N770m
The Nigerian Electricity Regulatory Commission (NERC) says the Republic of Benin, Niger Republic, Togo did not pay N770 million electricity bill owed Nigeria in the second quarter of 2021.
The commission disclosed this in its second-quarter...
Nigeria Sells Idle Electricity To Four Countries
The Chairman of the Executive Board of the West African Power Pool, Sule Abdulaziz, said
Niger, Togo, Benin and Burkina Faso are collaborating to buy the unutilised power produced in Nigeria.
Abdulaziz, who is also the acting Managing Director of...
Buhari Inaugurates Lagos-Ibadan Rail Line For Commercial Operations
President Buhari on Thursday inaugurated the commercial operations of Lagos-Ibadan railway project at the Mobolaji Johnson Railway Station, Ebute Metta, Lagos, describing the feat “as another milestone in the drive of this Administration to revitalize the railway...
OML 118 Dispute Resolution: Kyari’s Legendary Leadership & Nigeria’s Next Billion Barrel, by Momodu Abutur
Mother Nature has a way of depositing its vast treasures wherever it pleases. In the wonderful world of hydrocarbons, these resources are either placed onshore (on land) or offshore (in...
Fed Govt Receives 75 Bids For Road Concession
A total of 75 firms have submitted bids to serve as concessionaires for 12 federal roads that are mapped out for concession by the Federal Government.
Bid documents submitted by the companies as well as the names of...