Tag: Power sector

2023 Elections: Tinubu is not ready to run for office or be in charge – Atiku; Sacked Living Faith pastor sues Bishop Oyedepo, others for N350m | 5 Things That Should Matter Today

2023 Elections: Tinubu is not ready to run for office or be in charge – AtikuWe spent $100m feeding 10m school children — FGProf Folasade Ogunsola emerges first female UNILAG…

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The Big 5: These are the stories you should be monitoring today

These are the top five stories you should be monitoring today. 1. Boko Haram is broke - UN envoy The UN under-secretary-general for political affairs, Jeffrey Feltman has said terrorist sect, Boko…

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Power sector: How N2.7trn spent in 16 years generated darkness – Dogara

The speaker of the House of Representatives, Yakubu Dogara has lamented how the country spent a whooping N2.74tn on the power sector and still remains in darkness. Dogara stated this…

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Power sector licenses were issued to cronies, incompetent hands – Saraki (READ)

President of the Senate, Bukola Saraki says the country failed in the privatisation of the power sector. Speaking while delivering a speech at a 2-day stakeholders interactive dialogue workshop on the…

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Why the power sector is almost collapsing- Fashola

Minister of Power, Works and Housing,  Babatunde Fashola has said vandalism and liquidity issues has led to the collapse of the power sector. Fashola spoke at a press briefing at…

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Simon Kolawole: Before the power sector collapses

by Simon Kolawole There is a prank I usually play on my security guy. Anytime I am out of town, I call him regularly to ask about the power situation.…

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[The Legislative Blog]: Senate to probe N213bn power sector intervention fund | 5 things to know

The power sector is one of the most challenged in the country and the intervention fund worth N213billion was initiated in 2014 to tackle three major challenges in the sector…

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FG won’t revoke power sector privatisation – Fashola

The Federal Government says it will not revoke the privatisation of the power sector. Minister for Power, Works and Housing Babatunde Fashola (SAN) stated this on Thursday while speaking at…

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The YNaija Tracklist: Power sector debts hit N809bn | How robbers killed Mimiko’s CSO | PDP congratulates new Oba of Benin |

From the papers this morning - a Tracklist. I used 15 years to save frozen $15m – Patience Jonathan - YNaija "It's a plot to destroy me politically", Amaechi replies Justice…

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Opinion: Fashola, power and realistic expectations

by Ikeogu Oke Though appropriate, the word “novel” arguably understates the import of President Muhammadu Buhari’s decision to saddle Babatunde Fashola with three highly demanding portfolios in his cabinet, namely Power,…

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‘I can’t judge Buhari…Nigerian youth should be of use to themselves’ – Orji Kalu

A former governor of Abia state Orji Uzor Kalu has said that Nigerians should be enjoying power supply by now if only former president Olusegun Obasanjo listened to his advice.…

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House of Reps says no to N390bn bond to finance power sector

The House of Representatives, on Wednesday, halted the plans of the federal government to raise a N309 billion bond to finance the shortfalls in the the power sector. The Federal…

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This is the solution to Nigeria’s electricity problem – US Ambassador

The Federal government has been advised by United States to create an enabling environment for big private companies to invest in the power sector. The US Ambassador to Nigeria, James…

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Ministry blames NASS for 8 power outages on Wednesday

The Ministry of Power has blamed the management of the National Assembly (NASS) for the power outages which disrupted Wednesday’s sitting of the Senate ad hoc committee during the probe of…

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THE 2015 TRACKLIST: Mimiko supports death penalty for corrupt politicians| NNPC lifts ban on 113 oil tankers| Tinubu greater than Obasanjo| More stories

Mimiko also supports death for corrupt politicians. YNaija FRSC says they are not recruiting, warns against fraudsters. Leadership Army officers say they never saw any election take place in Rivers.…

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Power goes out 8 times during probe of ‘power sector’ on Wednesday

Welcome to Nigeria, the land of great ironies. On Wednesday, during the probe of the power sector by the Senate ad hoc committee, power failure was recorded eight times. The…

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THE 2015 TRACKLIST: Power goes out during power sector probe| DSS begins screening of Buhari’s ministers| Oshiomhole sacks 4 commissioners| More stories

Power goes out 8 times during probe of power sector on Wednesday. YNaija Buhari defends appointments of trusted hands. This Day DSS begins secret screening of Buhari's prospective ministers. YNaija…

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THE 2015 TRACKLIST: Alimi says gay is African | Niger-Delta oil holding Nigeria | PDP condemns Akwa Ibom govt. house

Ogun appoints new magistrates. This Day Fani-Kayode says the only thing keeping Nigeria together is Niger- Delta oil. YNaija Bisi Alimi says gay stems from Africa. The Guardian Buhari finally…

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A breakdown of how N2.74 trillion was pumped into power sector in 16 years

It was revealed at the Senate chambers on Tuesday, that the Federal Government has invested N2.74 trillion in Nigeria’s power sector since 1999. The money was pumped into the power sector during the…

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I have fulfilled my promise to Nigerians on electricity – Pres. Jonathan

by Damilola Jagun President Goodluck Jonathan says his administration has fulfilled his campaign pledge to Nigerians in the power sector. Jonathan made the utterance on Friday, February 20, during the…

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Buhari promises to revive dying industries

by Janet Johnson The Presidential candidate of the All Progressives Congress, Muhammadu Buhari on Monday, February 2, said he would take practical steps to strengthen Nigeria’s economy if elected. Buhari…

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APC, PDP throw verbal jabs over GEJ’s N21billion election fund

by Kolapo Olapoju   The ruling party, Peoples Democratic Party, and opposition, All Progressives Congress, are once again, engaged in a verbal altercation over the recent fundraising of the PDP,…

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Obasanjo blames Babangida, Abacha, Buhari, Jonathan, others for power sector decay

by Kolapo Olapoju Erstwhile President and former Head of state, Chief Olusegun Obasanjo, has held liable the administrations which succeeded him, as being responsible for the comatose state of the…

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Alkasim Abdulkadir: The viable power sector of a sceptical population (Y! FrontPage)

by Alkasim Abdulkadir This year, Nigerians have watched with despair, what appears to be, a stall in the marked improvements in power delivery witnessed in 2012. Major fluctuations in the availability…

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China to invest N146bn in Nigeria’s power sector

China is to invest N146.466 billion ($927 million) in Nigeria's power sector, in a move designed to boost the nation's power situation. China will through its Export-Import Bank provide 75…

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We are number 35! and more in today’s news round-up with Cheta Nwanze

There is something rotten in the state of Nigeria, but the debate now is whether there is actually a genuine fight against this disease, or whether we are waiting for…

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Opinion: Barth Nnaji and our choices as a nation

by Sam Hart Prof. Bart Nnaji made his name outside the shores of this country as an academic and highly sought after Professor of a  rare and highly technical field…

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Olusegun Adeniyi: Megawatts of controversy

“I understand that Prof. Barth Nnaji is going to man the power sector. He is a man for whom I have tremendous respect (and he comes with impeccable credentials for…

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Opinion: Power sector reform – Is there light in the tunnel?

by Abraham Ogbodo WHEN the matter was put to vote the ayes had it. When motion was proposed at the Tuesday plenary session of The Guardian on Sunday, it was…

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TICKER: They can’t do it: Power minister says a PHCN workers’ strike would be illegal

The minister of Power, Prof. Barth Nnaji, today (Saturday) said electricity workers in the country cannot go on strike. He said embarking on a strike action will be unconstitutional and…

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