Debt: Power Distribution Firms Owe NBET N859bn
The indebtedness of power distribution companies to the Nigerian Bulk Electricity Trading Company has risen to N859bn.
As a result, the NBET has accumulated a total debt of N325.784bn, which is meant for the payment of power produced by...
Nigeria Shuts Border Over Rice Smuggling
The Nigerian Government says it will shut the land border between it and a neighboring country in a few day’s time to avoid smuggling of foreign rice into the country.
Chief Audu Ogbeh, the Minister of Agriculture and Rural Development,...