Power transmission projects worth about N6bn have remained stalled in the past few years due to lack of government funding, even as the nation seeks to achieve incremental power supply. The nation’s power generation and distribution companies were privatised in November 2013, but the transmission segment of the value chain was left in the

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The Nigerian National Petroleum Corporation (NNPC) is set to embark on a comprehensive rehabilitation of the nation’s three refineries located in Port Harcourt, Warri and Kaduna to achieve optimal capacity utilisation in the New Year. Speaking at the Annual General Meetings (AGMs) of the three refineries in Abuja yesterday, the Chief Operating

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THE Nnamdi Azikiwe International Airport (NAIA), Abuja will be closed between February and March next year, Minister of State for Aviation Hadi Sirika said yesterday. The closure, according to the minister, will enable a construction company, Julius Berger Plc, carry out re-construction work on the badly damaged airport runway. Sirika, who

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Central Bank of Nigeria Entrepreneurship Development Centre, (CBN-EDC), Southwest has trained 3,649 youths in entrepreneurship skills since its inception in March, last year. The programmes director, Olumide Ajayi, said this during the graduation of 500 people trained in Small and Medium Enterprise (SMEs) in Ibadan, the Oyo State capital. His

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The Federal Government plans to raise over N2 trillion bonds to pay off contractors in 2017 budget. Addressing reporters in Abuja yesterday during the 2017 budget breakdown, Budget and National Planning Minister, Senator Udoma Udo Udoma said “to address contractors’ liabilities the Federal Government intends to issue over N2 trillion

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Africa’s richest person and President of Dangote Group, Aliko Dangote, has been named along other world leaders such as Russian President, Vladimir Putin; American President-elect of the United States of America, Donald Trump; and German Chancellor, Angela Merkel, as the most powerful persons in the world. They were ranked along with 70 others

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Niger State Governor Abubakar Sani Bello has said the unemployment rate in the state will reduce next year as no fewer than 10,000 workers will be engaged at the Niger State Rice Mill. He spoke at the inauguration of the multi-million dollar Integrated Rice Processing and Milling Complex built by Korea International Cooperation Agency (KOICA) in

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