NDDC hands former head office building to Rivers government

NDDC hands former head office building to Rivers government

  Spent 16 years renting offices at N38.4bn     The Niger Delta Development Commission (NDDC), now fully settled in its 13-storey headquarters complex on Eastern Bypass area of Port Harcourt, has handed over the keys to its former headquarters building, ‘Harold Dappa Biriye House’, on Aba Road, Port Harcourt, to the Rivers State government, […]

Bayelsa signs power supply agreement with NCDMB

Bayelsa signs power supply agreement with NCDMB

  With huge gas deposits, state wallows in power lack Ranks among financially insolvent states   Bayelsa State government has entered into a purchase agreement with the Nigerian Content Development and Monitoring Board (NCDMB) to ensure regular power supply to the Government House complex in Yenagoa and environs.   NCDMB operates a 10-megawatt gas-powered independent […]

Anambra looks to oil revenue as Buhari approves petroleum-bearing state status

Anambra looks to oil revenue as Buhari approves petroleum-bearing state status

Anambra State is eagerly looking to boost its revenues from the potential windfalls from its new status as petroleum bearing state after President Muhammadu Buhari officially signed off on an earlier Federation Account Allocation Committee confirmation of the same to Governor Willie Obiano.   President Buhari’s approval was conveyed in a letter to Governor Obiano […]

USAID’s Trade Hub bets N494m on Tomato Jos to lift 4,000 Kaduna farmers production

USAID’s Trade Hub bets N494m on Tomato Jos to lift 4,000 Kaduna farmers production

Tomato Jos, a Nigerian agro-processing company renowned for the local production and processing of tomatoes, has been awarded a co-investment grant worth N494 million by the USAID-funded West Africa Trade & Investment Hub (Trade Hub), a diversification venture into the grains sector set to boost the productivity, income, and resilience of 4000 maize and soybean […]

Port Harcourt DisCo losing 30% of revenue to meter bypass thieves

Port Harcourt DisCo losing 30% of revenue to meter bypass thieves

  Goes tough on offenders   The management of Port Harcourt Electricity Distribution Plc (PHED), one of the 11 DisCos in the country, has vowed to arrest and prosecute any person, group of persons or corporate body found to be engaged in meter bypass in its network. PHED’s franchise area are: Rivers, Bayelsa, Akwa Ibom, […]

Capegate maps out 150MW waste to electricity in Kano

Capegate maps out 150MW waste to electricity in Kano

plan to generate 10 megawatts (MW) of electricity by 2022 from waste, and ramping it up to 150MW before 2025 in Kano State, is being promoted by Capegate Investment Limited, an Abuja based waste management company.   The company had earlier signed a 20-year Public Private Partnership (PPP) refuse management contract with the Kano State […]

Anambra hails inclusion in Nigeria’s oil producing states’ grouping by RMAFC

Anambra hails inclusion in Nigeria’s oil producing states’ grouping by RMAFC

  Says years of fight for inclusion worth it With 14 operational oil wells, state could up its economic growth The Anambra State government is basking in unprecedented euphoria over its recent inclusion in the grouping of Nigeria’s oil producing states by the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC).   Willie Obiano, governor of […]