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Campus Drive
Kaduna state government has said the State would be the first to produce liquid steel for industrial development in the continent. Managing Director of the State Mining Development Company Limited, Mohammed Sani, noted that the work on the steel company was in top gear for completion. Sani disclosed that there were large quantities of mineral resources that would be used for construction industries. He added that the mineral deposits in […]
The Ministry of Power has said there is no plan to privatize the Transmission Company of Nigeria, TCN. Minister of Power, Abubakar Aliyu, disclosed this in a statement issued by his Media Aide, Isa Sanusi. The statement noted that these reports are untrue and are only mere misinformation aimed at spreading panic in the power sector. It, therefore, urged the public to dismiss statements regarding a non-existing plan to sell […]
The Federal Government has said that the collapse of the national electricity grid that occurred the preceding day led to the crash in power generation from 3,713.1 megawatts to 38MW. A figured obtained from the Federal Ministry of Power showed that power generation on the grid as at 6am Monday was 3,713.1MW, but this plunged to 38MW around 10.51am. Federal Government’s electricity transmission company explained that the crash in power […]
The National Information Technology Development Agency, NITDA, has commenced regulation of Information Technology sector in order to protect citizens. Chief Executive Officer of the agency, Kashifu Inuwa, disclosed this while speaking during an IT workshop on artificial intelligence in Ibadan, Oyo state capital. Inuwa stated that the agency has introduced some enforcement measures to regulate the IT sector. The CEO maintained that the agency was doing this so as to […]
The Nigerian Electricity Regulatory Commission, NERC, has said it will spend N5billion on Technology investments between now and 2025. Chairman of NERC, Sanusi Garba, disclosed this during a hearing on the Medium Term Expenditure Framework in Abuja. Garba revealed that N1.5billion had already being spent, adding that N2.5billion would be spent in 2023 and N1billion in 2025.
Federal Government has suspended the implementation of the 5% excise duty charge on telecom facilities. Minister of Communications and Digital Economy, Isa Pantami, disclosed this when he inaugurated a committee to review the 5% excise duty. Pantami revealed that the essence of the committee is to review the effect of the excise duty on the sector.
Reports say telecommunication subscribers left 98.75million registered SIMs unused in the month of July. According to the Nigerian Communications Commission, the total number of SIMs in circulation remained over 300 million for the third consecutive month in 2021. Also, the total number of active lines sustained its ascendency to 208.61 million in July, with 2.52 million new subscribers joining the national active network in July.
The total billing to electricity Consumers by the 11 Distribution Companies stands at N816billion. According to the Nigerian Electricity Regulatory Commission, NERC, this shows that out of this amount, only N370billion has been collected by the Discos, leaving a total outstanding of N543billion. The figures showed that 74.33 per cent and 66.50 per cent billing and collection efficiencies were recorded, indicating 8.44 and 1.34 percentage points decline when compared with […]
Nigeria’s power generation peaked at 5,043.4MW on Thursday, a significant improvement from the peak of 4,664.1MW. According to the Transmission Company of Nigeria, TCN, the lowest generation was 3,298.48MW, in contrast to 3,450.7MW recorded in the previous day. Meanwhile, total energy generated on Thursday stood at 102,875.3MWh, representing a 1.1% decline when compared to the 104,018.08MWh generated in the previous day.
