By Oke Peter THE Senate has taken a swipe at the Transmission Company of Nigeria, TCN, for spending a whopping N738 million to clear abandoned goods at the port. The attack came when TCN Managing Director, Usman Gur Mohammed, disclosed the expenditure at a budget defence session with the Committee on on Power, Steel Development…
The two countries signed a €100 million ($118 million) bilateral Investment and Reform Partnership agreement to promote private investment in renewable energy and vocational training in Ghana. According Ghanaian government, the agreement is part of Germany’s G-20 Compact with Africa for sustainable economic development. The partnership with Ghana is aimed towards improving conditions for sustainable…
The Ministry of Power, Works and Housing wishes to restate that the Energizing Education Programme (EEP) of the Federal Government is aimed at rejuvenating the nation’s education system by providing uninterrupted power supply to a total of 37 federal universities and 7 university teaching hospitals.This clarification has become necessary in the light of the misrepresentation…
The Nigerian National Petroleum Corporation (NNPC) has disclaimed the allegation that its Group Managing Director, Dr. Maikanti Baru, had ever stated in any fora that the Chief of Staff to the President, Mallam Abba Kyari, “directed the Corporation to keep the sum of N50billion away from the Treasury Single Account (TSA).”NNPC wishes to state that the…
By Oke Peter Security agents and Nigerian National Petroleum Corporation (NNPC) monitoring team have discovered 144 trucks of petrol not streamed by some marketers in Kano. The NNPC Group General Manager, Public Affairs Division, Ndu Ughamadu, made this known in a statement in Abuja on Friday. Ughamadu stated that the team was set up to…
By Oke Peter Security agents and Nigerian National Petroleum Corporation (NNPC) monitoring team have discovered 144 trucks of petrol not streamed by some marketers in Kano. The NNPC Group General Manager, Public Affairs Division, Ndu Ughamadu, made this known in a statement in Abuja on Friday. Ughamadu stated that the team was set up to…
By Oke Peter Security agents and Nigerian National Petroleum Corporation (NNPC) monitoring team have discovered 144 trucks of petrol not streamed by some marketers in Kano. The NNPC Group General Manager, Public Affairs Division, Ndu Ughamadu, made this known in a statement in Abuja on Friday. Ughamadu stated that the team was set up to…
By Oke Peter The Senate Committee on Power, Steel Development and Metallurgy, on Thursday questioned the Rural Electrification Agency (REA) over a N10 billion solar power projects for nine universities in the country. Committee Chairman, Senator Enyinnaya Abaribe, who led the budget defence session of agencies under the committee said it was unbelievable that REA…
In response to increased demand for crude transportation from South Texas and the Permian Basin, Harvest Pipeline Company (an affiliate of Hilcorp Energy Company) and Vitol Inc. have established an agreement to explore joint development of a state of the art crude oil terminal to be located in the Port of Corpus Christi. “The agreement…
By Oke Peter The Chairman of the Senate Committee on Privatisation, Senator Ben Murray Bruce has pledged the commitment of the upper legislative chamber to resolving all crises bedeviling the nation’s power sector and restoring investors’ confidence in the sector. He made the pledge yesterday in Kaduna when he led members of the Senate Committee…
