Fashedemi Assures More Improvement in Power Sector as S.A to the President on Energy visits Ministry of Power

Recently, the President of the Federal Republic of Nigeria, Bola Ahmed Tinubu signed into law the 2023 Electricity Act and there after appointed Special Advisers on different portfolios.In the bid to strengthen service delivery in the Power sector, the Special Adviser to the President on Energy, paid a courtesy visit to the Ministry. Speaking at…

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DMO Cautions FG Against Borrowing More

The Debt Management Office (DMO) has issued a warning to the Federal Government (FG) against additional borrowing, citing that 73.5% of this year’s revenue will be used to service debt. According to the DMO, this high Debt Service-to-Revenue ratio is unsustainable and poses a threat to debt sustainability. The DMO recommended that the FG focus…

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Shelve This Electricity Tariff Hike, NLC Tells FG

The Nigeria Labour Congress (NLC) has asked the government to shelve plans aimed at increasing electricity tariffs in the country. In a statement by its president, Comrade Joe Ajaero, the NLC said the plan to increase electricity tariff by 40 come July 1st, is both insensitive and callous and reflects an organised indifference to the…

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FG re-opens Seme border for vehicle importation

The Federal Government has approved the re-opening of the Seme border for the importation of vehicles. Director of Road Transport in the Ministry of Transportation, Ibrahim Musa who made the announcement on Wednesday, June 21, during his speech at the Economic Community of West African States (ECOWAS) meeting organised between officials of Nigeria and Benin,…

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