As the six months employment contracts offered employees of defunct Power Holding Company of Nigeria, PHCN, expired, the management of the Abuja Electricity Distribution Company, AEDC, has re-engaged 2,265 workers to reposition and strengthen the operational needs of the company.

In an era where foreign direct investment in Nigeria’s oil and gas sector has not been forthcoming, Anglo-Dutch Shell has started contract award process for the construction of Floating Production Storage and Offloading, FPSO for its $12billion Bonga South West Aparo development.

The Federal Government said the Japan International Corporation Agency, JICA, has made positive contributions to the development of the nation’s power sector

A Federal High Court sitting in Lagos, yesterday, stopped the Financial Reporting Council of Nigeria, FRCN, from investigating suspended governor of Central Bank of Nigeria, CBN, Malam Lamido Sanusi, over allegation of financial recklessness.

Meanwhile, the committee is set to jettison the second stanza of the National Pledge as prayer, with members expressing divergent opinions as some accepted and others rejected the move