The last may not have been heard about the failed $16 billion National Integrated Power Project as Professor Itse Sagay (SAN), Chairman of the Presidential Advisory Committee Against Corruption (PACAC), has said his committee may meet the anti-corruption agencies in the country over the facts and figures behind the project carried out in former President…
By Nick Cunningham The U.S. dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand in much of the world. The U.S. Federal Reserve announced another rate hike a few days ago, which helped edge up the…
Mr Kola Adesina is Group Managing Director of Sahara Power Group, owners and operators of Ikeja Electric and Egbin Power Plc. Adesina says Nigeria’s intractable power problem, which has appeared to defy all solutions, can only be resolved when all relevant stakeholders in the power sector sincerely decide to do the right thing. He dissects…
Energy Worth with Agency Report The Transmission Company of Nigeria (TCN) said electricity generated into the national grid fell by 1,087.6 MW but denied the collapse of the grid. Mrs Ndidi Mbah, TCN’s General Manager Public Affairs said the fall in electricity generated led to load shedding nationwide. She said it was done to maintain…
