Connect with us

Newsroom

N540 Billion spent  on subsidy in 2019 – NERC

Published

on

FG spent N540 Billion Naira on subsidy in 2019 — NERC

The Nigerian Electricity Regulatory Commission (NERC) says the Federal Government spent N540 billion subsidizing electricity in 2019.

The commission further stressed on the need to put an end to subsidy in the sector.

Click And Watch Our YouTube Channels:

Vice-Chairman of the Nigerian Electricity Regulatory Commision, Sanusi Garba, in an interview stated that the amount spent on electricity subsidy should be channeled to the health sector.

The vice- chairman also said that power users should pay for what they consume, instead of relying on government paying subsidy on electricity every year which is not in the best interest of Nigeria to continue shifting tariff review.

Garba further urged Nigerians to understand the need to end subsidy on electricity as well as review tariffs as the implication will result in service plummeting significantly.

Read Also:

Proposed Two-month Free Electricity Supply To Cost N109.8bn

SENATE DENIES RECEIVING N20M PALLIATIVES FROM NDDC

President Buhari Swears in 12 Permanent Secretaries

REVENUE MOBILIZATION: Federation Account Stressed- RMAFC

Ogun State Government Announces Curfew

 

COVID-19

BREAKING: CAF President Tests Positive for COVID-19

Published

on

By

CAF

The President of the Confederation of African Football, CAF, Ahmad Ahmad, has tested positive for COVID-19.

This was contained in a statement on the website of the continental football governing body on Friday.

Click to Watch Our YouTube Videos

The statement read, “The president after his arrival to Cairo on Oct. 28, presented mild flu symptoms and submitted to the COVID-19 protocol.

“Today, the test results are positive and the president immediately self-isolate for at least the next 14 days at his hotel.

“All those who have come into contact with Ahmad over the past seven days, especially during his trip to Morocco for the CAF Confederation Cup, have been informed and requested to take the necessary measures.”

Incase You Missed:

FIFA, CAF Approves NPFL 2019/20 Final Table

Patrick Cantlay Wins Zozo Championship

Whitney Houston Becomes First Black Artist to Earn 3 Diamond-Certified Albums

Youths Have the Right to Peaceful Protest, Buhari Insists

COVID-19: LAGOS HAS PASSED PEAK, SAYS HEALTH COMMISSIONER

PTF on COVID-19 Raises Concern Over Fake PCR Test Results

Wigan Athletic Set to be Purchased by Investor from Spain

CACOVID Gives Reasons for Delay in Distribution of Palliatives

Nigeria Customs Checkpoint at Agbara Attacked by Suspected Hoodlums

NFF Inducts Newly Appointed Coaches of Various National Teams

Continue Reading

Finance

LCCI Announce New Date For Lagos International Trade Fair

Published

on

LCCI-Lagos-Chamber-Commerce-Industry

Lagos Chamber of Commerce and Industry (LCCI), a leading voice in the organized private sector (OPS) in Nigeria, has postponed the 2020 edition of the Lagos International Trade Fair.

The trade fair earlier scheduled to hold from November 6-15, 2020 has been rescheduled to hold from December 4-13, 2020.

Watch Our YouTube Videos:

According to the Chamber, the trade fair, which will feature both physical (In-person) and virtual (Online) platforms, will run for a total of ten days at the Tafawa Balewa Stadium (TBS).

The Director General of the Chamber, Dr. Muda Yusuf, explained that the postponement is occasioned by the economic disruptions brought about by the COVID-19 pandemic and the recent EndSARS protests across the nation.

Incase You Missed:
National Examinations Council Postpones SSCE Exams Indefinitely

UEFA champions league prize money to be cut  

#EndSARS: Edo State Government Reviews Curfew

US will not join consensus for Ngozi Okonjo-Iweala WTO position

Lagos State Pledges N5bn Bailout For SMEs

All you need to know about the China-Africa Trade and FOCAC against 2018 Summit

Nigerian Economy Loses N700Bn to EndSARS Protest – LCCI

Lekki Tollgate Shooting: Judicial Panel Seeks Evidence From CSO’s

DisCos Collected N114bn Revenue in First Quarter of 2020-NERC

President Buhari Assures Commitment to Achieving Free and Fair Elections

Continue Reading

Naija News

FG to Commence Distribution of Free Metres

Published

on

free metres

The National Mass Metering Programme (NMMP) will on Friday, October 30, 2020 commence distribution of free electricity meters to Nigerians with simultaneous launch events of the scheme in Kano, Kaduna, Eko and Ikeja DISCO franchise area.

According to media reports locations to receive meters include Bawo Road and environs in Kano metropolis (KEDCO), Governor Road/Tudun Wada in Kaduna (Kaduna Electric), Oshodi Business Unit in Ikeja (Ikeja Electric), and Yaba and Surulere (Eko DISCO).

Watch Our YouTube Videos:

Key stakeholders to monitor the launch of the distribution include Kaduna, Kano and Lagos government representatives, the Senate Committee and House Chair on Power as well as representatives of Organised Labour and Civil Society Organisations.

The NMMP is to roll out 6 million free meters for all connections points on grid without meters over the next 18 to 24 months, estimating to impact 30 million consumers nationwide.

Incase You Missed:

PMB – Kaduna Killings Is Fuelled By Politics And Revenge

US President Trump and First Lady Test Positve for COVID-19

Tolulope Arotile Father Speaks On Their Last Moments – Mr. Akintunde Arotile

El-Rufai Names Bamali New Emir of Zazzau

HONG KONG BEGINS MASS COVID 19 TESTING FOR FREE

Nigeria coronavirus: 12,801 cases; Kano deaths virus-related, 4,000+ recoveries

 

Continue Reading
COVID-19 PREVENTION

infectious diseases in your community. It is very important to wash your hand frequently with soap under running water.

COVID-19 IS REAL

#COVID19NIGERIA Situation Report

The #COVID19Nigeria situation report for 21st July, 2020 has been published. Our daily reports provide a summary of the epidemiological situation & response activities in Nigeria

The #COVID19Nigeria situation report for 21st July, 2020 has been published. Our daily reports provide a summary of the epidemiological situation & response activities in Nigeria

@Africa CDC

The African Union and Africa CDC will virtually rollout the Partnership to Accelerate COVID-19 Testing (PACT) in Africa tomorrow 4 June, 2020 at 11.00 am Eastern Africa Time.

The African Union and Africa CDC will virtually rollout the Partnership to Accelerate COVID-19 Testing (PACT) in Africa tomorrow 4 June, 2020 at 11.00 am Eastern Africa Time.

GALLANT OFFICER

Gallant Officer
"Also found worthy of honour was Bashir Abubakar, an Asst Comptroller-General of Customs, who rejected a bribe of $412,000 per container offered him by drug traffickers seeking to bring 40 containers of Tramadol into Nigeria. A fine example of incorruptibility, worthy of emulation"

Currency Calculator

Currency Calculator

Amount
From :
To :

Trending