“Publishing details of spending on privatization of the power sector and post-privatization spending on Gencos and Discos would serve the public interest and provide insights relevant to the public debate on combating corruption in the power sector as well as help to improve citizens’ access to regular and uninterrupted electricity supply.”
“The accrued interests due to the Federal Government to the tune of N2 billion and $3.8 million were alleged to have been diverted by those banks in collaboration with officials of the Central Bank of Nigeria,” Onyema said.
20 December 2017, Sweetcrude, Abuja – The Federal Government is willing to sell the Yola Electricity Distribution Company or Yola…
“The first project is signed by the World Bank and this is the biggest project Power Holding Company of Nigeria (PHCN) and TCN has ever attracted in the history of Nigeria. We have never attracted more than $200 million. Now this $406million project is targeting brownfield projects.”
“The Federal Government of Nigeria should stop any action plan that will further give monies to non-performing Privatized electricity distribution companies (Discos) in Nigeria while we call on all African governments to massively invest in energy mix of hydro, solar and nuclear to drive Industrialization.”
“So, I would like to see an offer on the table, and you will see how I will respond to it. There is an assumption that there is an investment we are turning aback and if there is one that I am missing, please show me the direction to it.”
NUPENG has announced that they are partaking in the strike. NUPENG has also insisted that ULC is a recognised union and that they are part of the body
…Says union not recognised under Act Oscarline Onwuemenyi 16 September 2017, Sweetcrude, Abuja – The Federal government has declared that…
The seven day ultimatum threat notice dated 8th September, 2017, which is expected to elapse on Friday, 15th September, 2017, was sent to the Minister of Labour and Employment, Dr. Chris Ngige, and is expected to paralyze key sectors of the nation’s economy.
According to him, “In fact, rather than wasting money, the Jonathan administration generated money for the federation from the sale of these assets which were seen to be transparent and followed global best practices.”
