Wednesday, November 21, 2018

Tag "Nigeria power sector"

    The challenges of the electric power sector needs no crowing

The challenges of the electric power sector needs no crowing

BY AKPAN ASUQUOIn these times of playing games with facts, an opinion piece titled “As Discos throw in the towel” by Mr. Sunday Onyemachi Eze which appeared in various media outlets deserves scrutiny. Nigeria deserves robust debate on how to address the challenges of the power sector. But the said article crows about the difficulties of the electricity distribution companies [...]

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    FG won’t revoke privatisation of power sector, says Fashola

FG won’t revoke privatisation of power sector, says Fashola

Babatunde Fashola, minister of power, works and housing, has questioned the call for the cancellation of the privatisation of the power sector.Fashola, who spoke at a policy dialogue on the power sector, organised by the Lagos Chamber of Commerce and Industry (LCCI), said such move would send a negative message to investors.He said the federal government remain committed to honouring [...]

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    Dogara: The more we spend on power sector, the more darkness we attract

Dogara: The more we spend on power sector, the more darkness we attract

Yakubu Dogara, speaker of the house of representatives, has queried why the country has spent huge funds on the power sector without getting the desired results.He said the sum of N2.74 trillion was spent on the sector between 1999 and 2015, yet the nation is still inundated by an epileptic power supply.Speaking at a two-day stakeholders interactive workshop on the Nigerian [...]

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Exchange Rates

November 16, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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