No amount of praying, fasting can make Nigeria great without hardwork – Osinbajo

May 29th, 2017 // // Nigeriawatch
No amount of praying, fasting can make Nigeria great without hardwork – Osinbajo

  No amount of praying, fasting can make Nigeria great without hardwork – Osinbajo On May 24, 20176:52 pmIn News by adekunleCommen By Levinus Nwabughiogu ABUJA – Acting President Yemi Osinbajo Wednesday said that without commitment to hardwork, no amount of prayi...
Read More

FG’s unpaid debt to GenCos hits N500bn, N701bn intervention falls short, says GenCos

ENERGY FG’s unpaid debt to GenCos hits N500bn, N701bn intervention falls short, says GenCos Posted on May 1, 2017 COMMENTS The 26 electricity Generation Companies (GenCos) in Nigeria have revealed that the federal government is owing them about N500bn debt...
Read More

Gencos threaten nationwide blackout over N140bn debt

Gencos threaten nationwide blackout over N140bn debt

Summary:   QUOTE A further breakdown of the N140 billion debt profile, which are financial obligations from the Central Bank of Nigeria (CBN) and NBET showed that Egbin Power Limited is being owed N68.71 billion; Transcorp Power, N28.29 billion; Shiroro, N9.66 billion; Ge...
Read More

GENCOs, DISCOs at war over mounting debts

GENCOs, DISCOs at war over mounting debts

QUOTE The DISCOs have blamed their inability to meet their financial obligations in the electricity value chain on      - non-reflective tariffs,      - vandalism,      - low power generation,      - inability to access credit facilities from the banks  (already have N3 trilli...
Read More

THE NATION May 29, 2017 How Over N400b Debts by DisCos Crippled GenCos There are fresh insights as to why the operations of the different power generation companies (GenCos) across the country have been rendered prostrate. The Nation can authoritatively report that th...
Read More

DisCos fail to settle N243bn GenCos’ debts

DAILY TRUST   DisCos fail to settle N243bn GenCos’ debts By BusinessNews Staff on February 15, 2017 The 11 electricity Distribution Companies (DisCos) operating in Nigeria have not settled a debt of N243bn for power supplied by 25 Generating Companies (GenCos) as at the end of 2...
Read More

Fate of a varsity – Plateau University, Bokkos

Fate of a varsity - Plateau University, Bokkos

THE SUN   Fate of a varsity — 23rd May 2017 ■ Uneasy calm at Plateau University, Bokkos, as institute  operates for 12 years without course accreditation, holds first convocation since inception From Gyang Bere, Jos Since the creation of Plateau State University, Bokkos, by ...
Read More

‘How Nigeria can fix power sector’ – Green Elec President Marcel Hochet

THE NATION ‘How Nigeria can fix power sector’ Posted By: AKINOLA AJIBADE On: May 29, 2017 In: CEO How can Nigeria’s endemic power problem be resolved? By increased investment in renewable energy, gas pipelines, power plants and transmission network, among others, say...
Read More

Senate Scraps NNPC, others in New Petroleum Industry Governance Bill

May 26th, 2017 // // Nigeriawatch

SUMMARY   PIGB:     NNPC  ====================>     NPC: National Petroleum Company                                                                                                      and                       ...
Read More

Senate says power privatisation has failed, mulls review

May 26th, 2017 // // Nigeriawatch

PUNCH   Senate says power privatisation has failed, mulls review Published May 25, 2017 Senate President Bukola Saraki Leke Baiyewu, Abuja Senators on Wednesday strongly criticised the privatisation of the power sector, saying the model adopted in the transfer of t...
Read More

Home | About | Contact | Login