FG Okays N87.5bn Contracts For Roads, Bridge       The Federal Executive Council on Wednesday approved N87.54bn for the construction of some roads in parts of the country. The amount approved included the cost variation for two existing road contracts. The Minister of the Federal Capital Territory, Muhammed Bello;...

Ten Power Plants Suffer Gas Shortage, 1,753MW Idle       The lingering challenge of gas supply in the nation’s power sector left 1,753.4 megawatts generation capacity at 10 power plants idle on Monday. The nation’s total unutilised electricity generation capacity stood at 2,131.9MW as of 6am on Monday,...

Nigeria Mulls Supplying Electricity To Chad       The Federal Government is considering supplying electricity to the Republic of Chad following a recent request by the neighbouring country. The government-owned Transmission Company of Nigeria disclosed on Sunday that a meeting was held last week to discuss the possibilities...

INEC Job and The Risk Elements By Eric Teniola     As expected the tenure of Professor Mahmood Yakubu (58) as chairman of Independent National Electoral Commission ends on Monday November 9. Then came the announcement by Professor Yakubu that the presidential election will hold February 18, 2023...

Budget 2021: FG Earmarks N152bn For Electricity       The Federal Government is to pay power generation companies through Nigerian Bulk Electricity Trading, NBET, the sum of N152.416 billion in 2021. According to details of the 2021 budget now before National Assembly, this forms one of the largest...

Onne Customs Rakes In N13bn       The Nigeria Customs Service, Area ll Command, Onne Port, Rivers State, has announced that it raked in a total of N13,106,025,050.24 as revenue for last month. The amount, which is the highest monthly revenue generated in the Onne Area II...