President strides
Umahi orders contractors to halt demolition along Calabar-Abuja superhighway By Onu Okorie Minister of Works, Senator Dave Umahi, has directed contractors handling the Calabar-Abuja Superhighway to refrain from demolishing or touching any building along the current project alignment pending a review and possible realignment of […]
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FG commissions 581kWp solar mini-grid in Kwara, powers 13,000 residents By Onu Okorie The Federal Government has commissioned a 581-kilowatt peak (kWp) interconnected solar mini-grid in Oke-Oyi, Ilorin East Local Government Area of Kwara State, as part of efforts to expand electricity access to unserved […]
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TCN, Imcomtel inspects Katsina substation ahead of major installation Transmission Company of NigeriaTCN and Imcomtel Engineering Limited have inspected the Katsina 330/132/33kV Transmission Substation ahead of the commencement of the next major installation phase of the project. The joint inspection, conducted on Thursday, September 24, […]
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NERC transfers electricity regulatory oversight to Akwa Ibom By Onu Okorie Nigerian Electricity Regulatory Commission NERC has transferred regulatory oversight of the electricity market in Akwa Ibom State to the newly established Akwa Ibom State Electricity Regulatory Commission AKSERC. The transfer, contained in an order […]
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Apapa Customs generates record N28.1bn revenue in single day By Onu Okorie Nigeria Customs Service NCS, Apapa Area Command, has recorded its highest-ever single-day revenue collection, generating ₦28.102 billion in 24 hours. The Command said the feat was achieved on Tuesday, August 18, 2026, with […]
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Subsidy, FX reforms generate ₦15.8tn in two yrs – Oyedele By Onu Okorie Federal Government’s removal of the petrol subsidy and reforms to the foreign exchange market generated an additional ₦15.8 trillion in resources for the Federation between June 2023 and December 2025, the Minister […]
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FAAC records improved statutory revenue of ₦4.359trn in July 2026 … approves ₦3.007trn for FG, States, LGAs amist N4.359trin revenue By Onu Okorie Federation Account Allocation Committee FAAC has recorded a significant improvement in statutory revenue, with gross statutory revenue in the month of July […]
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NISO, NBET strengthen collaboration for more efficient electricity market By Onu Okorie Nigerian Independent System Operator (NISO) and the Nigerian Bulk Electricity Trading Plc (NBET) are strengthening collaboration to improve electricity market operations in Nigeria to foster a more efficient, transparent and investor-friendly electricity market. […]
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How state electricity regulators are reshaping Nigeria’s power sector Three years after the Electricity Act 2023 pulled power off the exclusive legislative list and handed states the right to run their own electricity markets, the promise of “regulation at your doorstep” is being tested in […]
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FG commissions upgraded Lagos transmission substations, adds 208MW capacity By Onu Okorie Federal Government on Monday commissioned two upgraded transmission substations in Lagos, adding 208 megawatts (MW) of bulk transmission capacity to one of Nigeria’s key economic corridors. The projects, located at Ijora and Apapa […]
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Cardoso’s midas touch and Nigeria’s exchange-rate stability The appointment of Olayemi Cardoso as Governor of the Central Bank of Nigeria, CBN in October 2023 marked a significant change in Nigeria’s approach to foreign-exchange management, writes Onu Okorie: Excerpt. The performance of the Nigerian naira has […]
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EITI assessors commend Nigeria on transparency reforms, stakeholder engagement By Onu Okorie Global assessors from the Extractive Industries Transparency Initiative EITI have praised Nigeria for significant improvements in transparency and systematic reporting within its extractive sector, describing the country’s approach as a model for real-time […]
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EITI assessors commend Nigeria on transparency reforms, stakeholder engagement By Onu Okorie Global assessors from the Extractive Industries Transparency Initiative EITI have praised Nigeria for significant improvements in transparency and systematic reporting within its extractive sector, describing the country’s approach as a model for real-time […]
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