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Right-of-Way bottlenecks stall 624mw Abuja power scheme – TCN

Right-of-Way bottlenecks stall 624mw Abuja power scheme – TCN

By Obas Esiedesa The completion of the 624-megawatt Abuja Feeding Scheme, designed to significantly boost electricity supply to the Federal Capital Territory (FCT), is being delayed by persistent right-of-way (RoW) challenges, the Transmission Company of Nigeria (TCN) has said. The donor-funded project, which is about 91 per cent completed, is expected to ease power shortages in […]

Makoko demolition: Residents recount losses as respite remains uncertain

Makoko demolition: Residents recount losses as respite remains uncertain

FOR residents of Makoko, Mainland Local Government Area of Lagos, the pain of demolition has not faded. Weeks after their homes were pulled down, many are still counting losses that go far beyond property; lives, livelihoods and their children’s education have all been shattered.

Emefiele complied with Buhari’s directive on local production of Naira notes — Witness

Emefiele complied with Buhari’s directive on local production of Naira notes — Witness

A witness, Chinedu Emere, told an Abuja High Court that the former governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, complied with late President Muhammadu Buhari’s directive that the redesigned Naira be produced locally. The Economic and Financial Crimes Commission, EFCC, charged Emefiele with illegal act causing injury to the public. The offence, […]

Tinubu to World Bank: Economic reforms irreversible

Tinubu to World Bank: Economic reforms irreversible

PRESIDENT Bola Tinubu has assured a World Bank delegation, led by Managing Director of Operations, Anna Bjerde, that Nigeria’s bold economic reforms were irreversible, framing them as essential for harnessing the nation’s vast potentialities, amid its youthful population and arable lands.