Tag "Babatunde Fashola"

    ‘Not even a flash in 3 weeks’, ‘We enjoy 20 hours per day in PH’ – Nigerians share their experiences on power supply

‘Not even a flash in 3 weeks’, ‘We enjoy 20 hours per day in PH’ – Nigerians share their experiences on power supply

"Sitting down here I can tell you some states have almost 24 hours of power supply,” Babatunde Fashola, minister of power, works and housing, had said at a programme on Channels Television. Fashola's comment sparked mixed reactions. While Shehu Sanni, senator representing Kaduna central, taunted the minister saying the states enjoying almost 24 hours power supply are in other planets, some corroborated what [...]

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    NERC orders rollout of new meters from May 1

NERC orders rollout of new meters from May 1

The Nigerian Electricity Regulatory Commission (NERC) has issued permits to meter asset providers (MAPs) to begin the roll out of new meters by May 1. In a statement on Saturday, the commission said MAPs engaged by Abuja and Jos electricity distribution companies (DisCos) will install the new meters in customers' premises within 10 working days of making payment. The three firms engaged [...]

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    Aso Rock to enjoy uninterrupted power supply as ‘eligible customer’

Aso Rock to enjoy uninterrupted power supply as ‘eligible customer’

The federal executive council (FEC) has approved the inclusion of the presidential villa in the eligible customer policy to ensure uninterrupted power supply to the villa. In a statement on Friday, Hakeem Bello, special adviser on communications to Babatunde Fashola, minister of power, said the approval is aimed at achieving improvement in the electricity supply and distribution in the country. According to [...]

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    How accurate is Fashola’s claim of ‘24 hours power’ supply in some states?

How accurate is Fashola’s claim of ‘24 hours power’ supply in some states?

On Wednesday, Babatunde Fashola, minister of power, works and housing, stirred yet another controversy when he announced that some states in the country now enjoy “almost 24 hours” electricity supply. While he appeared at a programme on Channels Television, the minister said the federal government has delivered on incremental power to Nigerians. “We still don’t have enough power. But I can say [...]

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    ‘States enjoying 24 hours power supply are in Mars’ — Shehu Sani tackles Fashola

‘States enjoying 24 hours power supply are in Mars’ — Shehu Sani tackles Fashola

Shehu Sani, senator representing Kaduna central, says the states enjoying almost 24 hours power supply are in other planets of the universe. When he appeared on a Channels Television programme on Wednesday, Babatunde Fashola, minister of power, works and housing, had said some states in the country now enjoy almost 24 hours of electricity supply. "Sitting down here I can tell you [...]

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    Fashola: Some states enjoy almost 24 hours power supply

Fashola: Some states enjoy almost 24 hours power supply

Babatunde Fashola, minister of power, works and housing, says some states in the country now enjoy "almost 24 hours" of electricity supply. Speaking on Wednesday at a programme on Channels Television, the minister said the increase in electricity supply is as a result of the increase in transmission capacity. Fashola said even as the transmission grew with about 8,100 watts as of [...]

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    FG to halt bailout for power firms, asks GenCos to find more customers

FG to halt bailout for power firms, asks GenCos to find more customers

The federal government has asked power generation companies (GenCos) to find eligible customers for its product as the payment for shortfalls might end soon. Speaking at a workshop on eligible customer regulation in Abuja on Tuesday, Louis Edozien, permanent secretary of the ministry of power, works and housing, said it is no longer sustainable for GenCos to complain of stranded power [...]

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    ‘He will deliver on the job’ — Fashola endorses Sanwo-Olu

‘He will deliver on the job’ — Fashola endorses Sanwo-Olu

Babatunde Fashola, minister of power, works and housing, says Babajide Sanwo-Olu, governorship candidate of the All Progressives Congress (APC) in Lagos state, is in the best position to lead the state. Speaking at a pre-campaign event in Surulere, Lagos on Friday, the ex-governor said Sanwo-Olu displayed his “competence” when he served as a commissioner under him. “I am in a vantage [...]

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‘Transportation system abandoned before Buhari but we are fixing it’– NPA MD on Apapa gridlock

Hadiza Bala-Usman, managing director of the Nigeria Ports Authority (NPA), says intermodal transportation system had been abandoned for years but is currently undergoing an overhaul. Bala-Usman was speaking at the National Youth Interactive Session with President Muhammadu Buhari in Kaduna on Friday. Also present at the session were Babatunde Fashola, minister of power, works and housing; Adamu Adamu, minister of education [...]

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    Fashola: 108 firms approved to supply electricity meters

Fashola: 108 firms approved to supply electricity meters

Babatunde Fashola, minister of power, works, and housing, says 108 firms have been approved to supply electricity meters. The minister said this in Lagos on Sunday during a neighborhood campaign for the re-election of President Muhammadu Buhari. Speaking to voters at his ward, Fashola said the deployment of the firms for the meter asset providers (MAPs) scheme will end estimated billing and [...]

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    ‘We can’t divert $600m that doesn’t exist’ — Fashola speaks on Mambilla power project

‘We can’t divert $600m that doesn’t exist’ — Fashola speaks on Mambilla power project

Babatunde Fashola, minister of power, works and housing, says the reports that the Mambilla power project has been stalled, due to an attempt to divert funds, is not true. The $5.8 billion project, a 3,050-megawatt hydropower facility, was conceived in 1982. In a statement on Sunday, Hakeem Bello, the minister's spokesperson, said the federal government never awarded a contract for the Mambilla [...]

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    FACT CHECK: Verifying Fashola’s claims on debts, unemployment and APC promises

FACT CHECK: Verifying Fashola’s claims on debts, unemployment and APC promises

Babatunde Fashola, minister of power, works, and housing, has made numerous claims on the performance of the Muhammadu Buhari-led All Progressives Congress (APC), its public debt and unemployment figures. Fashola, who said the promises made by the ruling APC were aspirational, also went on to make some controversial claims, which were greeted by public concern, and doubt. TheCable took some time to [...]

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    Nigeria risks $2.3bn fine as Mambilla power project faces crisis

Nigeria risks $2.3bn fine as Mambilla power project faces crisis

The federal government is at risk of a $2.3 billion fine in arbitration over an alleged breach of contract for the $5.8 billion Mambilla power project in Taraba state. The project, a 3,050-megawatt hydropower facility, has stalled owing to legal and funding crises after Sunrise Power and Transmission Company Limited (SPTCL), a local content partner, was reportedly sidelined in the project [...]

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    Ex-APC chieftain: Ambode will return at the end of Agbaje’s tenure

Ex-APC chieftain: Ambode will return at the end of Agbaje’s tenure

Sunday Ajayi, a former chieftain of the All Progressives Congress (APC) in Lagos, says Akinwumi Ambode, governor of the state, will come back after Jimi Agbaje has ended his tenure. Agbaje is the candidate of the Peoples Democratic Party (PDP) in the 2019 election. Ambode had lost the governorship ticket of the party to Babajide Sanwo-Olu, who enjoys the support of influential [...]

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    Fashola: Between substance and shadow

Fashola: Between substance and shadow

A friend once described Nigerians as such atypical, hopelessly-hard-to-satisfy creation on the face of the earth that just when you thought it was time to roll out the carpet and beat the drums for you for having satisfied their yearnings and demands, you see them carrying placards and beating war drums again asking for yet another set of yearnings and [...]

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    Fashola: It’s not govt’s problem if you don’t have power

Fashola: It’s not govt’s problem if you don’t have power

Babatunde Fashola, minister of power, works and housing, says the federal government should not be blamed for the problems in the power sector. According to PUNCH, Fashola made the remark at the Nextier Power Dialogue in Abuja on Wednesday. The minister reportedly blamed the past administration for selling assets that would have been used to rehabilitate the sector, adding that the [...]

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Exchange Rates

March 25, 2019USDGBPEUR
INTERBANK306397354
LAGOS380478402
KANO375477498
PH380478498
ABUJA375476400
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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