Netizens have cried out over the recent acquisition of AGIP at a whopping amount pointing an accusing finger at President Bola Tinubu as the man behind the iron mask. According to reports, the total consideration for the deal is $783 million, which includes
The Spanish government has begun the process of seeking investment opportunities in Nigeria. The minister of power, Adebayo Adelabu, had advocated appropriate and enabling legislation to convince power sector investors of the Nigerian government’s seriousness in its power sector reforms. The minister spoke
The Federal Government on Monday, in Abuja expressed its commitment to engage with relevant stakeholders to boost power sector investment for economic development. A statement by Mr Mohammed Manga, Director, Information and Public Relations of Ministry of Finance said the Minister, Mr Wale
The Imo State Government has granted an interim licence to Orashi Electricity Company Limited for the generation, transmission and distribution of uninterrupted electricity supply in the State. The licensing ceremony took place on Thursday morning at Rockview Hotel, Owerri, marking a crucial step
ELECTRICIY The Nigeria Labour Congress And The Trade Union Congress Have sHut Down All Abuja Electricity Distribution Company Offices To Demand The Reversal 0f the Electricity Tariff hike.DAILY POST gathered that the NLC prevented staff members of AEDC who resumed work on Monday
The International Monetary Fund has warned the Nigerian government to remove what it called implicit fuel and electricity subsidies. In a report published recently by the IMF, the organisation told Nigeria that the subsidies would guzzle three per cent of the nation’s Gross
Communications, Innovations and Digital Economy Minister Bosun Tijani and telecommunication operators maintained different positions on the proposed plan to raise tariff across all networks. The telecommunication operators under the auspices of (Mobile Network Operators (MNOs) insisted that the hike in telecom tariff has become is
The Chairman, Senate Committee on Petroleum (Downstream), Ifeanyi Ubah, has said that two refineries- Port Harcourt and Warri would be fully operational by the end of 2024. Ubah said plans have already been put in place to achieve the target, stressing that the
Shell Nigeria says it exclusively paid a total of $1.09bn in corporate taxes and royalties to the Nigerian government in 2023, through the operations of the Shell Petroleum Development Company of Nigeria Limited and Shell Nigeria Exploration and Production Company of Nigeria Limited.
The Indigenous People of Biafra (IPOB), has responded to the incessant power supply in the region, calling on Enugu Electricity Distribution Company (EEDC) to provide adequate electricity in the Southeast or exit the region for reliable companies to take over. The call came
Nigeria’s heartless President,Bola Ahmed Tinubu finally released all the 114 #EndBadGovernance protesters (minors and adults)
United States based Scientist and Business Woman, Princess Angela Obasi has joined other well meaning
A former member of the House of Representatives Farouk Lawan has regained freedom after serving
Washington state authorities said on Monday that five people were killed in a shooting at