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Electricity: Power plants in 1bn SCF gas shortfall

Electricity: Power plants in 1bn SCF gas shortfall

THERE are indications that about 1 billion standard cubic feet (SCF) of gas shortfall may stall the early realisation of constant power in Nigeria, as stakeholders in the energy industry have said that it will take at least five years before uninterrupted power supply could be achieved.

Jonathan intensifies consultations in South West

Jonathan intensifies consultations in South West

President Goodluck Jonathan yesterday continued consultations on his political direction in Lagos in meetings with stakeholders and solicitations for prayers for the country from religious leaders.

Nigeria’s economy too big to be ignored — GROHE chief

Nigeria’s economy too big to be ignored — GROHE chief

GROHE Group is the world’s leading provider of premium bath faucets and showers, kitchen mixers, thermostats and installation systems, with consolidated annual sales of €1.4 billion (Euro) in 2012. The German company formally berthed in Nigeria with public presentation of in Lagos, last week, to an audience that included journalists, architects, home designers, fashionistas and interior decorators.

New pension scheme still undersubscribed — Akande

New pension scheme still undersubscribed — Akande

Executive Director, Operations and Services of Premium Pension Limited, Mr. Kayode Akande, has said that the new pension scheme is still undersubscribed with only about six million subscribers considering the fact that about sixty million Nigerians have one form of employment or another.

Clampdown on New Nation:Lessons for illegal operators

Clampdown on New Nation:Lessons for illegal operators

The recent closure of the offices of the New Nation, an illegal operator in the Nigerian Capital market by the Securities and Exchange Commission, SEC is not only commendable but should serve as a deterrent to others who are in the business of cheating people.

WORLD ECONOMIC FORUM  – A waste of time and resources

WORLD ECONOMIC FORUM – A waste of time and resources

“There is nothing more wasteful than doing diligently what should not be done at all.” President Jonathan took a plane load, or more, of people to Davos, Switzerland for what was billed as the World Economic Forum, WEF.

100 massacred in fresh Borno attacks

100 massacred in fresh Borno attacks

No fewer than 100 people were, weekend, killed in separate attacks in Baga and Izge villages of Kukawa and Gwoza local government areas of Borno State, by Boko Haram insurgents, who also reportedly wounded several others and destroyed property worth millions of Naira. This came as President Goodluck Jonathan said in Lagos, yesterday, that the security challenges facing the country would have been worse without prayers from religious groups across the country.

Defence: Gusau’s nomination in order —Gbagi

Defence: Gusau’s nomination in order —Gbagi

FORMER Minister of State for Education and a chieftain of Peoples Democratic Party, PDP, Olorogun Kenneth Gbagi, has commended President Goodluck Jonathan for nominating General Aliyu Mohammed Gusau as defence minister, saying that the move would boost security in the country

There’s no where parliament makes a constitution — Mudiaga-Odje

There’s no where parliament makes a constitution — Mudiaga-Odje

It is no longer $10.8billion but where it has been sitting, the money has been paid, interest has been accruing, together with the interest should be paid as a first step to show government transparency before going to see whether it is $12 billion, whether it is $49 billion or it is $10 billion