ENUGU: ESHA urges ministry of power to review monopoly in electricity

The Enugu State House of Assembly today urged the Federal Ministry of Power to review the monopoly enjoyed by the Enugu Electricity Distribution Company (EEDC). The lawmakers called for electricity deregulation which will deliver better benefits to the consumers, including lower prices and more efficient services. The lawmakers insist that deregulation will reduce EEDC monopoly control of power distribution, which will in turn benefit consumers – lowering prices while expanding services and giving the public...

Used clothes: Dealers say rush for pant, bra, others propelling business

Dealers and buyers of used clothes, popularly known as “Okirika” on Tuesday attributed durability of the clothes, especially ladies’ underwear, for the increasing boom in the business. Those who spoke with the News Agency of Nigeria (NAN) at the various selling points in Lagos said that no new pant, girdle, tight, bra, boxer-shot, singlet, among others, that could be compared to the used stuff. The dealers told NAN that the Okirika business had come to...

NPDC emerges best Exploration, Production Company in 2019

The Nigerian Petroleum Development Company Limited (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has emerged the best Exploration and Production (E&P) Company in 2019. The award was given at the 2020 Nigerian Petroleum Summit Awards night held in Abuja. The theme of the third edition was: “Widening the Integration Circle, Emerging Technologies and Cross Pollination of Ideas for the Advancement of the Petroleum Industry”. The Acting Group General Manager, Group Public Affairs...

Samsung Unveils 5G Galaxy S20 Series

By Stanley Diamond The world’s  leading smartphone manufacturer, Samsung on Tuesday launched its latest flagship Galaxy S20 smartphone range with 5G chips and a new camera system capable of up to 100x zoom. The mobile phone giant unveiled the devices at an event in San Francisco and screened live in Abuja, Nigeria on Tuesday night. The company said it is hoping that fast screens, an overhauled camera system and a spread of sizes will be...

ENUGU: ECTDA to stop approval for cooking gas installation in petrol stations

In a bid to secure the lives and properties of citizens, the Enugu State House of Assembly has directed Enugu Capital Territory Development Authority (ECTDA) and Town planning authorities to stop approval or renewal of license for cooking gas installation within filling stations in the state. The resolution was based on the recommendations as presented by Emma Ugwuerua, Chairman House Committee on judiciary, public petitions, ethics and privileges, to the House based on the committees’...

Report Shows Corruption in Power Sector Fuels Death of Small Businesses in Nigeria

A research conducted by the Centre for Democracy and Development (CDD) and Anti-Corruption Evidence, SOAS Consortium, University of London says Corruption in the Nigerian power sector is responsible for the death of Small and Medium Enterprises, SMEs in the country. The report on the Nigerian power sector was based on the SOAS University of London Anti-Corruption Evidence, ACE framework  identified the rents being allocated in the sector and their distortion, the beneficiaries associated with the rents...

Abia Govt. to partner Sterling Bank on shoe production

Gov. Okezie Ikpeazu of Abia has expressed the state government’s readiness to partner Sterling Bank PLC to boost shoe production and enhance job creation in the State. Ikpeazu made this known on Thursday when officials of the Bank paid him a visit at the Government House, Umuahia. The governor said that the commitment of the State Government to promoting its ‘Made in Abia’ products initiative was unwavering. He added that the State Government would remain...

Apple to close all China mainland stores due to virus outbreak

Apple Inc on Saturday said it would shut all of its official stores and corporate offices in mainland China until Feb 9. as fears over the coronavirus outbreak mounted and the death toll more than doubled to over 250 from a week ago. “Out of an abundance of caution and based on the latest advice from leading health experts, we’re closing all our corporate offices, stores, and contact centers in mainland China through Feb. 9,”...

Ohanaeze Ndigbo urges action on safety measures in Lagos markets

The President, Ohanaeze Ndigbo, Lagos State, Chief Solomon Ogbonna, has urged the State Government to expedite action on safety measures at markets to avoid further fire outbreaks and loss of lives and property. He made the plea in an interview with the News Agency of Nigeria (NAN) during his visit with his executive to Martins Street market on Friday in Lagos. “What we are experiencing now in Lagos markets, we have experienced it in November...

FG Moves to Release 2021-2025 Medium Term Devt. Plan

By Stanley Edward   The Federal government says the successor Medium, Term National Development Plan: 2021-2025 will be ready soon. The Plan together with the Agenda 2030 of the federal government is expected to accentuate and provide a coordinated approach for harnessing the inherent potentials of the bio-economy, towards addressing the employment challenge in the country. The Minister of State for Finance, Budget and National Planning Prince Clem Agba, who disclosed this on Thursday at...

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