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Fed Govt To Spend N269.38bn On 6million Free Meters

Fed Govt To Spend N269.38bn On 6million Free Meters       The Federal Government is to spend between N269.38bn and N497.13bn on the provision of six million free meters to various unmetered power users across the country. Also, findings from separate quarterly reports of the Nigerian Electricity Regulatory...

Free Meter Distribution Commences In Kano, Others

Free Meter Distribution Commences In Kano, Others          The free distribution of electricity meters to Nigerians will commence today (Friday) with the simultaneous inauguration of the scheme in Kano, Kaduna, Eko and Ikeja electricity distribution companies’ franchise areas. A source in the Presidency, who spoke on condition...

W/Bank Pledges $72m For States’ Land Administration Records

W/Bank Pledges $72m For States’ Land Administration Records       The World Bank has expressed willingness to give each state of the federation a grant of two million dollars to enable them to update their property records. This, however, is based on the condition that benefiting states capture...

FCT, Lagos, Other Artisans To Receive N30,000 Grant – Presidency

FCT, Lagos, Other Artisans To Receive N30,000 Grant – Presidency       The Presidency on Tuesday said the payment of N30,000 one-time grant to 330,000 artisans across the country under the Economic Sustainability Plan has commenced. The Senior Special Assistant to the Vice President on Media and Publicity,...

NNPC’s Oil, Non-oil Assets Grew By 18.5%

NNPC's Oil, Non-oil Assets Grew By 18.5%       The total net value of the NNPC’s oil and non-oil assets appreciated by 18.5 per cent to N4.67 trillion in 2019, from N3.94 trillion recorded in its 2018 financial year. In the financial statement, the NNPC put the cost...

Airlines Resume, Seek Release Of N27bn Bailout

Airlines Resume, Seek Release Of N27bn Bailout         Local airlines, yesterday, resumed skeletal services following last week’s disruption by the EndSARS protests and the attendant curfew imposed by the Lagos State government. The demonstrations, which had forced some foreign operators to suspend flights, resulted in grounding of...