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Blackout looms as GENCOs threaten to shut down plants

There are indications of possible blackout across the country soon, as electricity Generating Companies (GENCOs) have threatened to shut down their plants over what they described as frequency decay due to inefficient grid management and associated costs.
Continue reading Blackout looms as GENCOs threaten to shut down plants at Vanguard News. …

How maritime industry boosted Nigeria’s economy — NIMASA

Kalu to Fayose: Why Igbo need links with FG

THE Nigerian Maritime Administration and Safety Agency, NIMASA, has disclosed that the maritime industry has assisted in boosting the nation’s Gross Domestic Product, GDP, by providing over a 100, 000 direct jobs and about two million indirect jobs even as it expressed worry that  despite its contribution, it is not captured by the National Bureau of Statistics, NBS.
Continue reading How maritime industry boosted Nigeria’s economy — NIMASA at Vanguard News. …

Govt to commercialise scientific inventions, researches

Govt to commercialise scientific inventions, researches

OkechukwuNnodim, Abuja The Federal Government on Thursday announced that henceforth it would commercialise all proven scientific inventions and researches for the benefit of Nigerians. Speaking at the National Competitiveness Forum on Regulatory Establishments in Nigeria under its programme of the National Strategy for Competitiveness in Raw Materials and Products Development in Abuja, the Minister of […] …

FG seals pact with Korea for aid projects

FG seals pact with Korea for aid projects

IfeanyiOnuba, Abuja The Federal Government and the Republic of Korea have sealed an agreement for the construction of aid projects in various sectors of the economy. The Minister of State for Budget and National Planning, Mrs Zainab Ahmed, signed the agreement on behalf of the Federal Government while the Korean Ambassador to Nigeria, Major General […] …

Split of NNPC into two may generate tension – Baru

Split of NNPC into two may generate tension – Baru

’Femi Asu The Group Managing Director of the Nigerian National Petroleum Corporation, Dr Maikanti Baru, said on Thursday that the split of the corporation into two entities if not properly communicated to the workers could generate some tension between the unions. Baru noted the Petroleum Industry Governance Bill, recently passed by the National Assembly, required […] …

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