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Discos to recover N32b debt from military, MDAs

Discos to recover N32b debt from military, MDAs

The Federal Government has started recovering the N32billion debt owed electricity distribution companies (DisCos) by the military, ministries, depart...

Posted on: Oct 26, 2015

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Kenya: Google to Invest Sh4 Billion in Lake Turkana Wind Power Project

Kenya: Google to Invest Sh4 Billion in Lake Turkana Wind Power Project

Google has said it will invest up to Sh4 billion in a wind power project, expected to generate 310MW of clean energy, at Loiyangalani, Marsabit county...

Posted on: Oct 22, 2015

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Ghana Agrees to Pay Nigeria U.S.$170 Million Gas Debt

Ghana Agrees to Pay Nigeria U.S.$170 Million Gas Debt

The Ghanaian government has agreed to pay Nigeria a $170 million gas debt by February 2016 in a bid to avert a recent threat by a consortium of Nigeri...

Posted on: Oct 22, 2015

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Increased funding to boost power sector

Increased funding to boost power sector

Nigeria and other African na­tions are said to be generally experiencing rapid economic growth of 5 per cent per annum. This is higher than concerted...

Posted on: Oct 21, 2015

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Oil sector contributes N1.78trn to Q2 GDP

Oil sector contributes N1.78trn to Q2 GDP

THE oil and gas sector contributed N1.782 trillion to Nigeria’s Gross Domestic Product, GDP, in the Second Quarter, Q2 2015, according to the National...

Posted on: Oct 21, 2015

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