Day: June 28, 2021

Nigeria suffers N10trn losses to Power Epilepsy in 12 Months—World Bank

ADESUPO OSOSANYA

  Despite various interventions by the Federal Government to improve power supply in the country, a recent World Bank report has revealed that annually, Nigeria’s economy still loses between N7 trillion and N10 trillion to epileptic power supply. It said the total sum represents 5-7per cent of the country’s GDP. The report obtained by Platforms Africa was released on June 16 by the World Bank under the Power Sector Recovery Programme to flag the new Nigeria Development Update (NDU).   READ ALSO: Cracks Rock Nigeria Fuel Marketers’ Group Over Planned…

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Cracks Rock Nigeria Fuel Marketers’ Group Over Planned Nationwide Strike

Gbenga Adeoti

“You are on your own, we will not join strike,” Western Zone backs out of IPMAN proposed Nationwide   Cracks on Monday rocked the Independent Petroleum Marketers Association of Nigeria as the Western Zone of the group backed out of the proposed nationwide strike declared by the national body. The zone directed all depots and petrol stations to go about their normal business and ensure free flow and hiche-free supply and distribution of Petroleum products across the Southwest.   READ ALSO: EFCC advances Nadabo Energy Trial Over N1.4 bn fuel…

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IBEDC raises the Alarm as Battle with AEIPON over Unistar Meter Degenerates

Gbenga Adeoti

Why Customers must beware – Ayodele, Utility firm’s COO   Nigeria’s largest power distribution company in terms of coverage/catchment area, Ibadan Electricity Distribution Company (IBEDC), has raised the Alarm, alleging activities of those it refered to as “fraudsters” operating within its franchise on the sale and installation of the defunct Unistar Prepaid meters. This came as the bickering between the company and the Association of the Electrical Installer of Nigeria (AEIPON) has degenerated.   READ ALSO: IBEDC secures N4.2bn CBN loan, targets September for project’s delivery 50,000 Nigeria’s IBEDC customers…

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Imam Shot Dead, 12 Children, Others Injured as Masquerades Attack Mosque

Precious Ibekwe

Why we struck, attacked Kamorudeen Central Mosque – Masquerade follower   Imam of Kamorudeen Central Mosque, Iwo, Moshood Salawudeen, has been reportedly killed while about 12 persons, including children sustained gunshot injuries in a clash that ensued between masquerade worshipers and members of the Mosque on Sunday in Osogbo, Southwest Nigeria. The masquerade worshipers reportedly opened gunfire at the Muslims at the worship centre, Kamorudeen Central Mosque, located at Oluode Aranyin in Osogbo around 2:30 pm on Sunday while they were performing a special prayer for Nigeria. Some of the children who…

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JUST IN: 3-Storey Building Collapses In Lagos

Tade Salako

  A three-storey building has collapsed in the Alaba Oro area of Lagos, Nigeria’s commercial capital. Scores of workers narrowly escaped death when the mansion still under construction carved on them on Sunday.   READ ALSO: Why Buhari Appointed Obinna, Saidu, Chairman, Executive Secretary For PPPRA University of Lagos Test-Runs Home-Made Zero Emission Vehicle + PHOTO How I Stabbed, Killed Super TV CEO – 21 Year-old UNILAG Student + PHOTOS   The incident occurred as a result of a strong wind that rushed over the area following Saturday’s heavy rain.…

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University of Lagos Test-Runs Home-Made Zero Emission Vehicle + PHOTO

Gbenga Adeoti

  The University of Lagos  is test-running its Zero Emission Vehicle (ZEV) it initiated  in 2018. The institution’s Deputy Vice-Chancellor, (Academics and Research), Prof. Oluwole Familoni, disclosed this in an interview with the News Agency of Nigeria (NAN) on Sunday in Lagos. According to him, the production is an invaluable addition to the university’s efforts at preventing release of toxic emissions to the environment. He said that the initiative was also to encourage indigenous engineering innovation. According to Familoni, UNILAG ZEV is a 63 per cent hardware and 100 per cent  software home-made (Akoka content) mechatronics…

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