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Crime News Power & Energy

Senate Summons Fashola, Probes $650m Fraud In Ministry Of Power

Ihesiulo Grace 9 November 2017 0

The Senate, yesterday, mandated its Committees on Power and Public Accounts to investigate the whereabouts of the $650 million balance of the Eurobond that was meant to be with the Transmission Company of Nigeria (TCN) and the Nigerian National Petroleum Corporation (NNPC). It also mandated the

Business

FG approves privatisation of Afam power plants

Ihesiulo Grace 5 September 2017 0

The National Council on Privatisation, NCP, chaired by Vice President Yemi Osinbajo, has approved the commencement of the privatisation of Afam Power plants 1 to 5 in Rivers, NAN reports. According to Laolu Akande, the vice-presidential spokesperson the measure is to inject additional power into the national grid and improve electricity supply nationwide. Akande said on

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