The most high

There exist a certain rich man, he owns most international companies, controls all the important media outlets across the world, in every country his companies have employed over 100,000 people directly and millions indirectly. He owns air-crafts and military weapons companies, he owns numerous islands across the world, he has bought all the rights to every project going on in outer space. His companies controls… Read more

Power projects: NERC to give Nigerians first consideration

The Nigerian Electricity Regulatory Commission has said it is working on a national content regulation that will give priority to Nigerian operators and workers in the power sector. According to NERC, the regulation, billed to be released by the third quarter of 2013, will set out guidelines in which Nigerians will be given first consideration in the areas of project execution, employment, training and technology… Read more

FG pays N384billion entitlements of PHCN staff

The Federal Government has announced the payment of N384billion for all outstanding entitlements of staff of the Power Holding Company of Nigeria (PHCN). The Minister of Labour, Emeka Wogu who briefed alongside the minster of Power, Chinedu Nebo and the Special Adviser of the President on Media and Publicity Dr. Rueben Abati, told journalist at a briefing after the Federal Executive Council Meeting at the… Read more

Power generation to rise by 40%

The Minister of Petroleum Resources, Diezani Allison Madueke has stated that the Federal Government is embarking on initiatives that will see the power generation levels in the country increase by 40% before the beginning of the following year. Speaking at the on-going Nigeria Oil and Gas (NOG) conference in Abuja Tuesday, the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, said the 12-month emergency gas supply… Read more

Power sector: New owners to take possession of assets June 2013

The newly preferred bidders in the Federal Government’s privatised power sector are expected to take possession of assets by June, 2013. A member, National Council on Privatization, NCP, and Chairman, NCP’s Technical Committee, Mr. Atedo Peterside revealed this yesterday at 2013 Standard Bank West Africa Investor Conference, saying, “we expect new owners to take possession of these power sector assets in mid- 2013 and also… Read more