The Minister of State for Power, Mr. Mohammed Wakil, said that the Federal Government is set to enforce quality control and standardisation of electricity materials installations. Wakil gave the assurance during the official commissioning of the remodeled National Meter Test Station and opening of the Technical Inspectorate Service Field Office in Lagos.

The Federal Government is being forced to revalidate contracts entered into by the defunct Power Holding Company of Nigeria, PHCN, for the supply of electricity metres to Nigerians before the privatisation of the generation and distribution segments of the power sector.

As the nation grapples with the challenge of providing affordable housing for itscitizenry, a leading mortgage Bank, Resort Savings and Loans Plc recently got an approval for N1.5 billion mortgages for more than 125 beneficiaries underNational Housing Fund Scheme in January, 2015.

NIGERIA among other countries may risk over N5.1 trillion ($30 billion) worth of oil and gas pipelines projects due to the persisting decline in crude oil price. As it stands, some major infrastructure project pipelines are being threatened of being heavily curtailed, as falling oil prices force those governments reliant on oil revenues to make cuts, this is according to the Business Monitor International, BMI’s Infrastructure Key Projects Database.

The Bank of Industry Limited has announced a N2.2 billion Cassava Bread Fund Initiative for 174 Members of the Association of Master Bakers of Nigeria.