FG targets 14,000MW electricity from hydropower

The Federal Government has announced that the nation’s vast water resources, capable of generating up to 14,000 megawatts of electricity, as part of its push for sustainable energy development. This announcement came as the Minister of Power, Adebayo Adelabu, and the Minister of Water Resources and Sanitation, Joseph Utsev, formalized a partnership through the signing…

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Anambra Approves Tax Exemption For Business Less Than N100,000

  The government of Anambra State has approved has approved tax exemptions for businesses with capital less than N100,000, aiming to bolster local entrepreneurship. Additionally, the administration is set to grant local governments greater authority in managing sanitation across the state. The state Commissioner for Information Law Mefor, disclose this in a press statement following…

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Lagos DisCo extends meter upgrade after deadline expiry

The Eko Electricity Distribution Company has announced that customers can still upgrade their meters despite the expiration of the November 24 deadline. The company clarified on its official platforms that while customers who have not yet upgraded their meters will not be able to vend, the upgrade process is still available. “Can I still upgrade…

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Fire breaks out at Radio Nigeria office in Lagos

A fire broke out on Wednesday evening at the Radio Nigeria office on Plot 35, Ikoyi Road, Lagos, causing panic and prompting a swift response from emergency teams. Director of the Lagos State Fire and Rescue Service, Margaret Adeseye, confirmed that the fire started in the studio section of the one-story building. The agency received…

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House to probe alleged ₦8.4tn withheld by NNPCL

The House of Representatives has directed its Committees on Finance, and Petroleum to investigate claims from the Revenue Mobilisation Allocation and Fiscal Responsibility Commission. These reports allege that the Nigerian National Petroleum Company Limited withheld ₦8.48 trillion as purported subsidies for petrol. The House further stated that “the investigation will address the NEITI report stating…

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UK Opens Africa’s Biggest Visa Application Centre in Lagos

The United Kingdom’s biggest Visa Application Centre in Africa has been opened in Lagos, Nigeria through the UK’s new commercial partner – VFS Global. A statement on Wednesday by the British High Commission said that residents of Nigeria travelling to the UK can now book appointments to submit their visa applications through VFS Global’s new…

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FG spends N8.8bn on vandalized power transmission towers

The Federal Government has revealed that over N8.8 billion has been spent to repair power transmission towers destroyed by vandals and bandits across the country. This figure was disclosed during the Quarterly Power Sector Working Group meeting in Abuja, highlighting the persistent challenges facing Nigeria’s power sector. The Managing Director of the Transmission Company of…

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