By Chris Ochayi ABUJA – The Nigerian  Society of Engineers (NSE) yesterday expressed concern over dwindling state of power supply in the country, lamenting that there was no sign that the Federal Government will meet promises made to  Nigerians to increase power supply to 6,000 megawatts by the end of the year. Besides, the NSE […]

By Tordue Salem ABUJA – The House  Committee on Education held talks yesterday with the Minister of Education, Sam Egwu and the leader of the Federal Government team, Gamaliel Onosode. The Chairman of the House committee, Faoruk Lawan who disclosed this to newsmen yesterday, urged the academic body to call off the strike and continue […]

…dissociates self from Aremu’s statement By Victor Ahiuma-Young & Henry Umoru ABUJA – NIGERIA  Labour Congress (NLC), yesterday said its leadership was reaching out to government to ensure that the ongoing industrial action by three of its affiliates, Academic Staff Union of Universities (ASUU), Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff […]

THE Nigeria National Petroleum Corporation (NNPC), oil multinationals and contractors have agreed to work together in a tripartite arrangement to ensure that the Federal Government meets its 6,000 megawatts power generation target by the end of the year.

Indications emerged yesterday that some of the foreign investors approached by the CBN to take equity stake in the five banks it sacked their Managing Directors and boards three weeks ago may be considering a backout, hinging their decision on the controversy generated by the take-over.