She explained that Nigeria has huge potential for solar electricity. The cost of solar power is coming down, and Nigeria’s need for affordable, reliable, and clean electric power has never been greater.
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24 March 2017, Sweetcrude, Lagos — The Central Bank of Nigeria (CBN) has offered the sum of $100 million to…
24 March 2017, Sweetcrude, Lagos — The chief executive officer and legal director of Addax Petroleum in Geneva have both…
*Dissociates itself from “Chevron Oil and Gas” 24 March 2017, Sweetcrude, Lagos — Chevron Nigeria Limited, operator of the NNPC/…
24 March 2017, Sweetcrude, Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $48.35 a barrel…
Osinbajo specifically directed that the list of all contractors who did not comply with the directive within the stipulated period be compiled and submitted to the Ministry of Justice and the Economic and Financial Crimes Commission (EFCC) for investigation and prosecution.
Fashola, who addressed State House correspondents after the Federal Executive Council (FEC) meeting in Abuja, said the PSRP would also assist in processing debts owed by Ministries, Departments and Agencies (MDAs) and how to improve sector governance.
“Chronic vandalism has crippled oil and gas pipelines, creating gas shortages at power plants. Underinvestment in maintenance and infrastructure has constrained our transmission grid. Finally, high collection and commercial losses have impacted the financial viability of the privatised distribution companies.”
Dr. Baru who noted that the MoU between the two countries was for the supply of phosphate to rejuvenate agriculture by making fertilizer available and affordable, confirmed that the deal has started yielding positive results in the country.
He said that the committee was optimistic that the newly released Economic Recovery and Growth Plan, ERGP, coupled with innovative, growth-stimulating sector-based policies, would help fast track economic recovery, if properly implemented.
