The Managing Director of Lagos Deep Offshore Logistic Base, LADOL, Dr. Amy Jadesimi has urged entrepreneurs to create new business models that will uniquely engineered the Nigerian market. Dr. Amy who stated this as a Key note speaker at IE Business School’s Digital Venture Day held recently in Lagos highlighted the importance of indigenous NIGERIAN…
The Managing Director of Lagos Deep Offshore Logistic Base, LADOL, Dr. Amy Jadesimi anlong with other African influencers were selected to speak along side the Deputy Secretary-General of the United Nations, Amina Mohammed at the historic launch of Africa Influencers for Development, AID at the ongoing United Nations General Assembly in New York United States…
The Federal High Court sitting in Yenagoa, the Bayelsa State capital, has subpoenaed the Coordinator of the Presidential Amnesty Programme, Prof Charles Dokubo, to personally appear before it on October 4, 2019, over allegations of diversion of amnesty slots and unpaid stipends. This is as some 75 ex-militants under Benuwolo camp in the 2nd phase…
Some stakeholders in the power sector have urged the Federal Government to consider putting in place a special development bank for the ongoing Meter Assets Providers (MAPs) scheme, to fast track massive metering across the country. They spoke in separate interviews on Thursday in Lagos. The stakeholders said such a move would enable meter manufacturers…
Speaker of the House of Representatives Femi Gbajabiamila says that unpatriotic activities of serving and retired public office holders are responsible for the socio-economic misfortune in the power sector. Gbajabiamila spokw while declaring open the investigative hearing into the Federal Government’s abandoned power projects from 1999 to date. The speaker, represented by the Chief Whip,…
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said they released an average of 3,855 megawatt-hour of electricity into the national grid on Wednesday. This is contained in a daily energy report by the Advisory Power Team, Office of the Vice President, and made available in Abuja on Thursday. The report said that the…
The Nigerian Electricity Regulatory Commission (NERC) has emerged as number one public institutions in the 2019 National Freedom of Information (FOI) Ranking. This was the submission of the Public and Private Development Centre (PPDC) in collaboration with other Civil Society Organisations such as Connected Development, Budgit, Media Rights Agenda and Right to Know (R2K). The ranking…
The Association of Nigerian Electricity Distributors (ANED), says Electricity Distribution Companies (DisCos) do not default in payment of applicable taxes to government. ANED’s Executive Director ,Research and Advocacy ,Mr Sunday Oduntan, made the assertion in a statement in Abuja on Thursday. He said that as responsible corporate citizens, all members of the association took their…
The foundation stone for polyol complex – MOL’s 1,2 billion EUR petrochemical investment – has been laid in Tiszaújváros The polyol complex is expected to be commissioned in 2021 and will create 200 jobs in the operating period. With a budget of EUR 1.2 billion, also supported by the Hungarian government through tax allowances and…
The Federal Government yesterday announced commencement of a major review to power procurement policy. Minister of Power, Saleh Mamman, who declared this during the Power Nigeria conference in Lagos, maintained that the fresh policy direction would, among other things, guarantee the evacuation of over 2000 Mega Watt of power stranded between generation and distribution companies…