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Nationwide Blackout As Power Grid Collapses Twice In Two Hours

The nation’s power grid collapsed twice in two hours on Thursday, worsening the blackout being experienced by consumers in parts of the country. The grid, which is being managed by the government-owned Transmission Company of Nigeria, has continued to suffer system collapse over the years amid a lack of spinning reserve that is meant to... Continue Reading →

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Implementation of 7.5% VAT begins February 1 — Minister

The Federal Government will from February 1 begin the implementation of 7.5 percent Value Added Tax espoused by the finance law. The law, according to the government, will take effect after all the necessary administrative procedures must have been completed, especially the gazette of the Act by the Federal Ministry of Justice. The Minister of... Continue Reading →

Criminalising Me Will Not Silence Me – Shehu Sani

A former lawmaker representing Kaduna Central Senatorial District, Senator Shehu Sani, has accused the Federal Government of attempting to silence him over his criticism of the regime led by the President, Major General Muhammadu Buhari (retd.), using fronts. Sani alleged that the government is using his accuser, through the Economic and Financial Crimes Commission, to... Continue Reading →

We’ll Enforce Electricity Tariff Increase From April – Discos

Power distribution companies on Monday declared that the new electricity tariffs shall become enforceable from April 1. Speaking through their umbrella body, Association of Nigerian Electricity Distributors, the Discos explained that the new tariffs ordered by the Nigerian Electricity Regulatory Commission would cater for revenue shortfalls in the sector. In a tariff review clarification notice... Continue Reading →

Electricity Tariff Hike: It’s Daylight Robbery, Labour, Others Tell FG

Organized labour, industrialists and civil rights groups on Sunday condemned the hike in electricity tariffs by the Federal Government. Labour, in an interview with Punch NG,  described the electricity tariff hike as a daylight robbery considering the epileptic power supply in the country. The Lagos Chamber of Commerce and Industry, on its part,  berated the ... Continue Reading →

FG Puts Debt Stock At $83bn, Says Nigeria Not In Trouble

The Nigerian Government has put the total public debt stock of the nation at $83 billion. The Minister of Information and Culture, Mr. Lai Mohammed, disclosed this while addressing a press conference on Monday in Ikeja, Lagos State. He decried that the country’s debt stock was being misrepresented by those he described as scaremongers. According... Continue Reading →

Rep Members Reject Renovation Of National Assembly With N37bn

Reactions have continued to trail the proposed N37 billion meant for the renovation of the National Assembly. This time, some members of the House of Representatives, through a series of tweets rejected the amount earmarked to embark on the project. In their tweets, three lawmakers – Bamidele Salam, Akin Alabi, and Legor Idagbo – shared... Continue Reading →

Buhari Restricts Ministers’ Entourage For Overseas Trip To Four

The President, Major General Muhammadu Buhari (retd.), has restricted ministers from having more than four people in their entourage when embarking on an overseas trip. The Minister of Information and Culture, Alhaji Lai Mohammed, reiterated this on Monday in Lagos at a media briefing to present the achievements of the Buhari regime for 2019. According... Continue Reading →

We are completely rebuilding Enugu International Airport — CAPT. YADUDU, FAAN MD

Captain Rabiu Hamisu Yadudu, the Managing Director of the Federal Airports Authority of Nigeria (FAAN) had a roundtable with a group of editors and addressed a number of topical issues about developments in our airports today. HOW do you assess the state of our airports today? I was the Director of Airport Operations for more... Continue Reading →

Apapa-Oshodi Expressway Ready Next Year – Fashola

The Apapa-Oshodi-Oworonsoki-Ojota highway will be completed in the next 12 months, the Minister of Works and Housing, Mr. Babatunde Fashola has said. Fashola announced that the reconstruction of the road would be completed by the end of 2020 while inspecting the project with the President of the Dangote Group, Alhaji Aliko Dangote. He said the... Continue Reading →

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