Category Archives: Local News

Power generation falls below 3,000MW, seven plants idle

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The nation’s power generation has fallen below the 3,000 megawatts mark as the number of idle power plants increased to eight on Sunday from five on Friday. The nation’s power grid lost a total of 743.4MW over the weekend as generation dropped from 3,306.6MW on Friday to 2,632.4MW and 2,563.2MW on Saturday and Sunday, respectively. […]

British government to invest in pipeline infrastructure, gas, power

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The British Government has expressed its readiness to invest in pipeline infrastructure, renewable energy, gas and power of the Nigerian Oil and Gas Industry. The British High Commissioner, Mr. Paul Arkwright, made this disclosure when the Group General Manager, Group Public Affairs of the Nigerian National Petroleum Corporation, Mr. Ndu Ughamadu, paid a courtesy visit […]

Debt servicing gulped N7.88tn in five years – DMO

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The Federal Government spent $25.82bn to service its debts between 2012 and 2016, the Debt Management Office has said. If converted to naira using the official rate of N305 to one dollar as of December 31, 2016, DMO said this amounted to N7.88tn. The DMO, which stated this in its 2016 Annual Report and Statement […]

BREAKING: Suicide bombers hit UNIMAID, kill eight

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Eight people were killed when a female suicide bomber detonated her explosives at a mosque in Maiduguri, northeast Nigeria on Monday, first responders said. “She killed eight people and injured 15 others,” the head of the Borno state emergency management agency, Ahmed Satomi, told AFP after the blast in the city’s London Ciki area. Details […]

More floods imminent in Lagos, other states – FG

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The late commencement of the rains, the monsoon wind that usually brings heavy rain in the West African coast, and the rising sea levels due to the melting of glacier in the polar region will further increase floods in states like Lagos, Rivers and Cross River, among others, the Federal Government has said. In the […]

FG can’t borrow any more – Finance minister

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Against the backdrop of the nation’s rising debt profile, the Minister of Finance, Mrs. Kemi Adeosun, has said the Federal Government must not borrow more to fund its budget. Adeosun said the government should instead raise the money needed by other means, calling into question planned foreign loans of $2bn from lenders like the World […]

Hyenas, jackals’ll be ejected from the kingdom – Buhari’s wife

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Wife of the President, Aisha, on Monday, gave an indication that God had answered Nigerians’ prayers for the quick recovery of her ailing husband, Muhammadu Buhari. She also hinted that “the hyenas” and “the jackals” would soon be ejected from the kingdom. Mrs. Buhari, who is currently in the British capital with her husband, gave […]

Fayose asks FEC to declare Buhari incapable, Ndume kicks

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The Ekiti State Governor, Ayodele Fayose, has asked the Federal Executive Council to invoke Section 144 of the 1999 Constitution by declaring President Muhammadu Buhari incapable of continuing in office. The governor claimed that the All Progressives Congress and the Presidency cabal were in a state of dilemma as to whether to bring President Buhari […]

Lagos floods cause power outage in Lekki, VI, others

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The Eko Electricity Distribution Company has said the floods that resulted from the torrential rainfall on Saturday caused damage to some of its equipment in Lekki, Ikoyi, Ijora, Victoria Island and some other parts of Lagos metropolis under its coverage. The EKEDC said on Sunday that the floods caused water seepage into some sensitive and […]

Osun by-election: Sheriff, Makarfi factions, others celebrate Adeleke’s victory

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  The National Chairman of the Peoples Democratic Party, Senator Ali Modu Sheriff, and the Chairman of the party’s National Caretaker Committee, Senator Ahmed Makarfi, have congratulated members of the party in Osun State for winning the Saturday senatorial election in the state. The two men said the victory recorded by the party in the […]