as Finance minister, NBET seek enabling environment, more investors Nigerian Bulk Electricity Trading (NBET) Plc has signed 20-year 726 megawatts Power Purchase Agreement (PPA) to improve electricity supply and attract investment. The deal was signed with Transcorp Plc. Zainab Ahmed, Minister of Finance, Budget and National Planning, said government will remain committed to improving environment for doing business in the power sector. Speaking, Managing Director of NBET, Dr. Nnaemeka Ewelukwa, said there was need for more investment in the power sector, adding that the new PPA would…
Read MoreMonth: May 2023
Father Rapes 5-Yr-Old Biological Daughter, Gives Reason
A 28-year-old father, Adeyemi Babatunde, has allegedly had an unlawful carnal knowledge of his five-year-old biological daughter (name withheld). The suspected father was arrested by operatives of the Ogun State Police Command on Monday. He was said to have had an unlawful carnal knowledge of his innocent young daughter while the mother was not at home. When arrested, he admitted to the police that he truly committed the heinous act, but that he did not know what came over him when he raping his daughter. These were contained in a…
Read MoreNUPENG PTD Ex-Chairman, Tokunbo Korodo, is Dead
The South-West Zonal ex-Chairman of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), Alhaji Najeemdeen Tokunbo Korodo, is dead. Platforms Africa reports that Korodo’s niece, Azeezat Adebari Olaoluwa, a journalist with British Broadcasting Corporation (BBC) News Africa, announced this on her Facebook page. READ ALSO: Top 5 Highest Salary Paying Firms in Nigeria Unveiled Inside Ogun Politics That Made State Lost $18.5bn Dangote Refinery to Lagos Fresh Power Outage Rocks Abeokuta, Mowe 4 Others As TCN Loses 9 Towers Nigerian Poly Student Loses School Fees to Betting, Commits…
Read MoreBREAKING: Bolivian Lawmakers Exchange Blows During Debate
Bolivian leaders issued condemnations Wednesday after rival lawmakers came to blows on the floor of parliament during a debate over the fate of a jailed governor described as a political prisoner by the opposition. Chamber of Deputies leader Jerges Mercado, for his part, said the brawl, which happened Tuesday, was “regrettable” and “an embarrassment.” The lawmakers, all women, threw punches and kicks after pro-government MPs sought to snatch placards held up by opposition members with messages such as: “With political prisoners, there is no democracy.” READ ALSO: Top 5 Highest…
Read MoreTop 5 Highest Salary Paying Firms in Nigeria Unveiled
See names of companies and how much they pay as staff salaries As Nigeria’s economy continues to expand and diversify, employee compensation has emerged as a major incentive to attract and retain top talents as businesses seek to maintain market dominance in terms of performance and level of employees. Seplat Energy, TotalEnergies, and MTN Nigeria led the list of companies that paid the most average salary per staff in Nigeria in the year 2022, based on average employee expenses for the year. This is according to an analysis by…
Read MoreInside Ogun Politics That Made State Lost $18.5bn Dangote Refinery to Lagos
Characters in the politics that cost Ogun state the siting of Dangote refinery have turned toxic tongues throwing tantrums. While the states IGR begins to suffer, none of the actors wants his head to be used to break the proverbial coconut, reports Adeola Yusuf The siting and commissioning of Dangote’s $18.5bn Refinery could have been held on Ogun state soil. And so, it became a reopened wound on Monday, May 22, 2023, when the refinery in Lekki played host to five presidents from West African countries, top diplomats from…
Read MoreAmosun, Abiodun Trade Words Over Dangote Refinery Siting In Lagos
Since the inauguration of the Dangote Refinery in Lagos on Monday, Ogun State governor, Dapo Abiodun, and his predecessor, Ibikunle Amosun, have exchanged words over why the project was not sited in Ogun State. The $18.5 billion investment was to be sited in Ogun State but was moved to its present location in the neighbouring Lagos State. Shortly after the inauguration of the project on Monday, some prominent indigenes of the state expressed sadness at the loss of the project to Lagos State READ ALSO: Nigerian Poly Student Loses School…
Read MoreFresh Power Outage Rocks Abeokuta, Mowe 4 Others As TCN Loses 9 Towers
Entire Abeokuta metropolis, Imeko Afon, Owode Egba: full list of seven affected cities, and when the residents should expect reconnection to power grid A fresh power outage has rocked Abeokuta, Mowe and four other cities as the Transmission Company lost nine of its transmission towers. The Ibadan Electricity Distribution Company (IBEDC), which confirmed this, in a public announcement to the customers obtained by Platforms Africa, noted that the nine towers were lost to collapse and vandalism. READ ALSO: “Incredible” Story, Mystery of Olumo, Abeokuta Ancient Rock Kuburat…
Read MoreNigerian Poly Student Loses School Fees to Betting, Commits Suicide
Samuel Adekoge, a student of the Federal Polytechnic, Ilaro, Ogun State, Southwest Nigeria, has reportedly committed suicide. Platforms Afrixa gathered that Adekoge drabk some chemical substance after losing his school fee and that of his friend to an online betting platform. The Deputy Registrar, Public Relations, Sola Abiala, who confirmed the incident, said the school quickly referred him to a specialist hospital to save his life but he was pronounced dead at the hospital after taking chemical substance. READ ALSO: 17-yr-old American Commits Suicide After Extortion By 3 Nigerians…
Read MoreWase Bombs Gbajabiamila As Crisis Over 10th NASS Worsens
Members present at plenary chorused “Carried,” as Wase declared, “Mr. Speaker, the House is not about I, but us” in an unprecedented clash between a speaker of Nigerian House of Reps and his deputy The simmering crisis over the leadership of the 10th House of Representatives boiled over on Wednesday when the Speaker, Femi Gbajabiamila, openly clashed with his Deputy, Idris Wase, during plenary. The development is unprecedented. The clash was precipitated by the announcement by Gbajabiamila that the Order Paper for Thursday be made lighter to allow members…
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