ABUJA – The Federal Government has given indications that more than 20 times the present PHCN workforce (estimated to be around 38,000) would be required to achieve the targeted 40,000MW by the year 2015.

ABUJA – The Transmission Company of Nigeria, TCN, one of the sub-companies of the unbundled Power Holding Company of Nigeria, PHCN, has announced that it has commissioned five new power transformers to boost transmission capacity as well as strengthen the nation’s grid network.

The Managing Director of Havilah Microfinance Bank, Mr. Rufus Oloye, has said the credit products of microfinance banks (MFBs) can make meaningful impact on the economy if Nigerians can become good borrowers.

Ahead of the listing of Oando Plc’s marketing division (OML) on the Nigerian Stock Exchange (NSE), shareholders have advised its Board of Directors to be cautious in the fixing of the share price in order to realise full subscription.

Members of Ibadan Zone Shareholders’ Association have passed a vote of confidence on the management of the Nigerian Stock Exchange (NSE) under the interim administrator, Mr Emmanuel Ikazoboh, for working round the clock to reinforce investors’ confidence in the stock market.

Standard Bank Group, Stanbic IBTC Bank has been rewarded with the coveted “Best Customer of the Year” award from Toyota Nigeria Limited recently for financing the highest number of Toyota vehicles sold in the country in 2009.

IN consonance with its commitment to guarantee unimpeded supply and distribution of petroleum products across the country, the Nigerian National Petroleum Corporation, NNPC, has reaffirmed its commitment to build more refineries in the country to boost local refining capacity as well as create employment opportunities for the teeming unemployed youths.

AHEAD of his expected declaration to contest the 2011 presidential polls this week, a survey conducted by the NOI Polls indicated that most Nigerians want President Goodluck Jonathan to run.

Operatives of the National Drug Law Enforcement Agency, NDLEA, yesterday arrested a German-based Nigerian fashion specialist for trafficking 1.2576kg of cocaine at the Murtala Mohammed International Airport, MMIA, Lagos.

TO ensure smooth conduct of by-elections into two wards on September 18, the Lagos State Independent Electoral Commission, LASIEC, weekend trained 51 ad-hoc staff to conduct the polls.

A Group supporting the presidential aspiration of former Military President, General Ibrahim Babangida (rtd) in 2011, the Campaign Network for Ibrahim Babangida, CNI, weekend in Benin, Edo State, defended the former Head of State in most of the actions he took during his eight years regime.

Too many times our governors and other political warriors in the Third World begin with and stop at the enactment of massive infrastructural developments. To their shame or perhaps state of un-knowingness they mistake rising skylines as the equivalent of human development.

Other environmental impacts are the expensive irrigation practices and the pressure on land use. Extremely weak research activities to generate the best strains of crops taking the least time from germination to maturation as well as having desirable traits to make the entire process profitable.

NIGERIAN youths have resolved to inaugurate a team to monitor and counter identified electoral malpractices at all the polling units in the country in the 2011 general elections.

Six civil society groups have asked a Federal High Court sitting in Abuja, to compel the Federal Government to disclose how the $12.4 billion oil windfall between 1988 and 1994 was expended by the then Federal Government.