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Order on the Transition to Bilateral Trading in the Nigerian Electricity Supply Industry
Post-unbundling of PHCN, the Nigerian Bulk Electricity Trading Company (NBET) was established in 2010 to manage energy procurement between GenCos and DisCos. NBET's role as a bulk trader was initially for 10 years and was renewed in 2021 for three more years. The Electricity Act 2023 mandates the transition to bilateral trading, moving away from NBET’s single-buyer model.
Trends in Wholesale Energy Trading
- Since 2022, NERC has issued trading licenses to private companies interested in bilateral t...
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VP Shettima Seeks More Support As MTN Donates N1bn, 4600 Digital Devices
* Says Nigerians will soon see results of President Tinubu’s policies
Vice President
@KashimSM
has lauded the donation of N1 billion to the Federal Government's Food Support Programme and 4,600 units of digital devices for distribution to schools by telecommunications giant,
@MTNNG
.
He said the gesture by the telecommunications outfit towards the government's efforts in addressing hardship in the country is worthy of emulation and indicative of its commitment ...
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We have a PRESIDENT who is BOLD, AUDACIOUS AND TENACIOUS
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NYSC won't deny anyone their lawful right. All qualified graduates would be mobilized - Olawande
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Nigeria is participating in the 6th AU Mid-Year Coordination Meeting between the African Union(AU), Regional Economic Communities (RECs), and Regional Mechanisms (RMs).
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STATE HOUSE PRESS RELEASE
PRESIDENT TINUBU TO AFRICA'S MINISTERS OF SOLID MINERALS: DEFEND AFRICA AND EXTEND SUSTAINABLE UPLIFTMENT TO OUR PEOPLE
President Bola Tinubu on Wednesday in Abuja asked African leaders in the solid minerals sector to be patriotic and proactive in the management of the natural wealth of the continent and combat illegal exploitation.
Speaking when he received a delegation of African Ministers of Solid Minerals under the auspices of African Minerals Strategy Group (AMSG) led by the Chairman, Mr. Dele Alake, at the State House, President Tinubu urged the minis...
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PRESS RELEASE
Oil Production: National Assembly Pledges Support to NNPC Ltd
...Mulls Stronger Laws Against Crude Oil Theft, Vandalism
The National Assembly has thrown its weight behind NNPC Limited's ongoing efforts to boost Nigeria’s crude oil production and grow its reserves, saying it will consider stiffer consequences for crude oil thieves and vandals of the nation's critical hydrocarbon infrastructure.
This was made known when the National Assembly's Joint Committee on Petroleum Resources (Upstream) paid an oversight visit to the NNPC Upstream Investment Management Services (NU...
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Bringing CNG conversion centers closer to you step by step.
Here are the various locations for the conversion of your vehicles to the pocket-friendly CNG as the initiative continues till drive its adoption across the country.
#DecadeOfGas
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Bringing CNG conversion centers closer to you step by step.
Here are the various locations for the conversion of your vehicles to the pocket-friendly CNG as the initiative continues till drive its adoption across the country.
#DecadeOfGas
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Bringing CNG conversion centers closer to you step by step.
Here are the various locations for the conversion of your vehicles to the pocket-friendly CNG as the initiative continues till drive its adoption across the country.
#DecadeOfGas
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Bringing CNG conversion centers closer to you step by step.
Here are the various locations for the conversion of your vehicles to the pocket-friendly CNG as the initiative continues till drive its adoption across the country.
#DecadeOfGas
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Breaking new grounds in Education, Housing, Sustainability, and Infrastructure.
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I am pleased to announce the launch of the Ilera Eko Standard Jaara Health Insurance Scheme in Lagos State.
Our commitment to providing quality, affordable, and efficient healthcare services to all residents is unwavering, and these new initiatives mark a significant milestone in our journey towards universal health coverage.
The introduction of Ilera Eko Virtual Booths in five locations across the State will ensure accessible healthcare for those in the informal sector, including market men and women, artisans, and grassroots stakeholders.
Today, I was also decorated as the Grand A...
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PRESS RELEASE
NIGERIANS SHOULD BE PATIENT WITH THE PRESENT ADMINISTRATION….OBA OF LAGOS
Commends First Lady Oluremi Tinubu for her various interventions so far
The Oba of Lagos Oba Rilwan Akinlu has appealed to Nigerians to be patient with the government of President Bola Ahmed Tinubu.
He was speaking when the First Lady of the Federal Republic of Nigeria Senator Oluremi Tinubu paid him a visit at his Iga Idugaran palace in Lagos
He noted that President Bola Ahmed Tinubu means well for the nation as he is a man who is grassroots focused.
“All that I am saying and appealing ...
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The Management of Nigerian Education Loan Fund (NELFUND) is by this notice, announcing the onboarding of 22 additional State - owned tertiary institutions.
Students from the following State- owned institutions (including the 48 institutions earlier announced) can now apply for student loan by visiting http://nelf.gov.ng.
NEWLY UPLOADED STATE OWNED TERTIARY INSTITUTIONS
1. Adamawa State Polytechnic Yola
2. College of Education Afaha Nsit
3. Akwa Ibom State University
4. Akwa Ibom State Polytechnic
5. Aminu Saleh College of Education, Azare
6. Niger Delta University
7. Delta ...
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In reply, please quote;
Ref No. CZ.5300/FPRD/FHQ/ABJ/VOL.6/196 Date: July 14, 2024
The Director of News
…………………………….
PRESS RELEASE
E-CMR: POLICE HIGHLIGHTS BENEFITS, EFFICIENCY OF APPLICATION TO CURB VIOLENT CRIMES
As IGP Orders Suspension of Enforcement Process, Massive Enlightenment of Nigerian Residents
Following the reconfiguration and commencement of the electronic central motor registry registration process (e-CMR), the Police has deemed it necessary to highlight the benefits and effectiveness of the e-CMR initiative which is designed to ensure the safety...
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President Bola Tinubu praised the resilience and enduring tradition of the Ibadan monarchy at the coronation and presentation of the staff of Office to Oba Owolabi Akinloye Olakulehin, the 43rd Olubadan of Ibadan on Friday 12 July 2024.
Power Minister Adebayo Adelabu read the President's goodwill message.
Full text of the speech:
Your Excellency, Governor Seyi Makinde, Your Royal Highness, esteemed chiefs, especially my brother, High Chief Rasheed Ladoja, commissioners, guests, ladies and gentlemen.
It gives me immense pleasure to be part of this historic occasion, the coronation ...
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PRESIDENT TINUBU SALUTES PROFESSOR WOLE SOYINKA AT 90, RENAMES NATIONAL THEATRE IN HIS HONOUR
President Bola Tinubu heartily congratulates Nigeria's literary colossus and global icon, Professor Akinwande Oluwole Babatunde Soyinka, famously known as Wole Soyinka, on his 90th birthday, July 13, 2024.
Professor Soyinka is a globally celebrated playwright, novelist, poet, essayist, actor, singer, composer, and documentarian.
He is also a foremost advocate of good governance and of a fair and just society.
He won the Nobel Prize for literature in 1986 - the first African to win the Pr...
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PRESIDENT TINUBU’S ADC APPOINTED ELEMONA
President Bola Tinubu’s Aide-De-Camp, ADC, Lt Col. Nurudeen Yusuf has been officially appointed the new Elemona of Ilemona land in Oyun local government area of Kwara state.
Following the demise of his father, late Oba Yusuf Omokanye Oyekanmi, the former Elemona in May, the people of Ilemona, as expressed by the community’s king makers decided to install Lt Col. Yusuf as their new traditional ruler.
Apart from being the heir apparent to the throne, the people of Ilemona have expressed admiration for Lt Col Yusuf for his act of kindness and hum...
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"This country belongs to all of us.
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President Tinubu renames National Theatre as Wole Soyinka Centre for Culture and the Creative Arts, reveals honour in birthday tribute.
Read In full
PROFESSOR WOLE SOYINKA AT 90: TRIBUTE TO A NATIONAL TREASURE AND GLOBAL ICON
I am pleased to join admirers around the world in celebrating the 90th birthday of Nigeria's iconic son and the world-renowned Professor Akinwande Oluwole Babatunde, famously known as Wole Soyinka.
Tomorrow the 13th July will be the climax of the series of local and international activities held in his honour. To underscore the global relevance of the literary ...
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PRESIDENT TINUBU WELCOMES SUPREME COURT JUDGEMENT AFFIRMING CONSTITUTIONAL RIGHTS OF LOCAL GOVERNMENTS
President Bola Tinubu welcomes the decision of the Supreme Court of Nigeria affirming the spirit, intent, and purpose of the Constitution of the Federal Republic of Nigeria on the statutory rights of local governments.
The President states that a fundamental challenge to the nation's advancement over the years has been ineffective local government administration, as governance at the critical cellular level of socio-political configuration is nearly absent.
The President emphasizes ...
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The details of the Supreme Court ruling giving 774 local councils financial autonomy
The Supreme Court ruled on Thursday that all federal funds for local government councils should be paid directly into their accounts.
Justice Emmanuel Agim, who led a seven-member panel of justices, delivered the judgment in a suit filed by the federal government against the 36 state governors.
According to the judgment, henceforth, no more payments of local government area allocations will be made to state government accounts. The court also prohibited the governors from receiving, tampering with, ...
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PRESS STATEMENT
Twelve (12) More State Government-Owned Tertiary Institutions Submit Student Data to NELFUND
July 10th, 2024
The Management of Nigerian Education Loan Fund (NELFUND) is delighted to announce the onboarding of an additional twelve (12) state government-owned tertiary institutions to the student loan application portal.
This expansion comes following the successful submission and verification of data completeness and accuracy required from the institutions.
With this latest addition, the total number of participating state government-owned tertiary institutions ...
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Bayo Onanuga
@aonanuga1956
President Tinubu appoints ex-INEC chairman Attahiru Jega to the committee to solve the herdsmen, and farmers crisis
President Bola Tinubu has appointed former Chairman of the Independent National Electoral Commission (INEC), Professor Attahiru Jega, as Co-Chairman of the Presidential Committee on Implementation of Livestock Reforms.
President Tinubu announced this Tuesday in Abuja at the inauguration of the committee, which will address the obstacles to agricultural productivity and open up new opportunities which benefit farme...
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Share positive stories of Nigeria politics, economy and sundry. No bullshit..
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