SURE-P to train 7,600 women, youth with N149m in Kaduna

Skills acquisition training under the 2012 SURE-P agriculture, youth and women empowerment schemes for 7,600 beneficiaries in Kaduna State will gulp N149,512,400, Governor Mukhtar...

Growing banks’ exposure to power, oil sectors to increase concentration risk

Increased lending by banks to the power and oil sectors of the economy may portend concentration risk for financial operators, according to industry watchers....

Privatisation: 90% PHCN staff cleared, says FG

The Minister of Power, Prof. Chinedu Nebo has said the federal government has achieved 90 percent success in the payment of workers’ severance packages...

‘Nwogu’ll add value to NDDC’

The nomination of the chairman of the Abia State Oil Producing Areas Development Commission, (ASOPADEC) Mr. Samuel Nwogu, into the board of Niger Delta...

Industrialists identify grey areas in PIB

The Lagos Chambers of Commerce and Industry (LCCI) has identified grey areas in the Petroleum Industry Bill (PIB), advising the Federal Government against passing...

Prepaid meter scheme, a must —FG

Indications have emerged that the Federal Government will enforce the Credited Advance Payment for Metering Implementation initiated by the Nigerian Electricity Regulatory Commission to...

Forte Oil comes in from the cold

  Goddy Egene writes that high demand for the stocks of Forte Oil Plc due to its improved financial fortunes and diversification into power generation...

Reroute SURE-P funds to education, FG advised

The Director General of the Nigerian Economic Summit Group (NESG), Mr. Frank Nweke, has advised that some fraction of the Subsidy Reinvestment and Empowerment...

Envirofit International selected as energy and the environment innovators of the year

Tim Bauer, Nathan Lorenz and Bryan Willson, founders of Envirofit International, a company that delivers clean-burning cookstove technology to the developing world, have been...

FG’s coal-for-power plan suffers set back

The plan by the federal government to invest in coal-for-power has suffered a setback, as Friend of the Earth (FoE) and other environment conservation...

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