Electricy supply: New tariff, old worries
Tobias Pius
September 10, 2020
By Tobias Pius The Nigerian Electricity Regulatory Commission (NERC), the body saddled with the responsibility of regulating the affairs of the nation’s power sector on Monday 31 August 2020 surprisingly gifted Nigerian’s with a not so warm “ember-month” gift package —100% tariff increment for kilowatts per hour usage of electricity with effect from September […]
AfDB to fund multi-billion-naira Port Harcourt urban water scheme
Aderemi OjekunleSeptember 9, 2020
Ben Eguzozie, in Port Harcourt Project takes off 6 yrs late Expected to cater for 1.3m residents The African Development Bank (AfDB) would be providing 100 percent funding of the Rivers’ Port Harcourt urban water scheme, which would involve the rehabilitation and upgrading of water supply for the Port Harcourt metropolis, made up of Port […]
Women in oil region lay demands on NDDC on funds accountability
Ben EguzozieAugust 4, 2020
Train on rights to query public sector financial management While federal government quango, the NDDC is currently enmeshed in humongous mismanagement of N81.5 billion on frivolities in only four months (January – May) amid high-level illegalities and corruption in contract awards, half-finished, partly-done or outrightly abandoned projects, the women in the oil region […]
Uzodimma signs N108.3bn revised budget
Dikachi FranklinJuly 30, 2020
By Dikachi Franklin, in Owerri The Imo State 2020 revised budget of N108, 385, 836,150 has been signed into law by Governor Hope Uzodimma. The budget tagged, “Revised 2020 Imo State budget of rehabilitation, reconstruction and recovery” heralds a fresh page, with great promise in the fiscal history of our great State, Imo,” Uzodimma said […]
Tenants, lessees to pay 6% stamp duty charge on landed properties
Charles AbuedeJuly 23, 2020
Beneficiaries bears tax burden Charles Abuede The Federal Inland Revenue Service (FIRS) has ordered all property owners and agents to promptly remit to the service, a six per cent stamp duty charge on all tenancy and lease agreements entered into with all lessees. Abdullahi Ahmad, director, communications and liaison department of the FIRS, disclosed this […]
Ozigbo: My mission is to make Anambra most competitive economy in Nigeria
Realnews MagazineJuly 21, 2020
Valentine Ozigbo, the quintessential technocrat, banker, businessman and hospitality expert, is the immediate past president and group CEO of Transcorp Plc. But he has a different mission now. He is working his way to become the governor of Anambra State, the state that Peter Obi, also a banker, once governed. But first, he is contesting to win […]
Lagos to eliminate multiple RoW charges with fibre project
Omobayo AzeezJuly 20, 2020
By Omobayo Azeez The Lagos State government has promised to remove multiple Right of Way (RoW) approvals for mobile network operators (MNOs). Western Telecoms and Engineering, the special purpose vehicle (SPV) in charge of the unified fibre duct infrastructure and connectivity project in Lagos State, disclosed this in statement. The company also stated that as […]
Reappointment: Danbatta awaits Senate’s final confirmation decision
Omobayo AzeezJuly 20, 2020
As screening C’ttee lauds his 5-year scorecard By Omobayo Azeez Umar Danbatta, executive vice chairman of the Nigerian Communication Commission (NCC) is awaiting the final decision on the confirmation of his reappointment as the EVC of the NCC from the Senate. The confirmation screening of the professor of electronics and electrical engineering had commenced with […]
Imo State exco revises 2020 supplimentary budget from N140bn to N89bn
Dikachi FranklinJuly 17, 2020
By Dikachi Franklin, in Owerri The executive council of the government of Imo State has approved the downward revised 2020 supplementary budget of ₦89 billion. It was initially N140 billion. Following the approval the revised proposal will now be transmitted to the Imo State House of Assembly within seven days for consideration and approval by […]
Anambra congratulates first black vice chancellor of a British university
Ben EguzozieJuly 17, 2020
…as Gov Obiano honours two JAMB best candidates The government of Anambra State has congratulated Charles Egbu, a professor of Quantity Surveying of Nigerian descent (Anambra State), on his emergence as the first black vice chancellor of a British university. Egbu will on November 1 this year, assume duties as the vice chancellor of Leeds […]