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Electricity distribution companies do not believe that there are about 2,000 megawatts of electricity that are stranded in the Nigerian power sector. According to the Discos, the Federal Government’s continuous claim that about 2,000MW of electricity had been stranded for over one year is difficult to comprehend. In June 2018, the Minister of Power, Works and Housing, Babatunde Fashola, declared that about 2,000MW of electricity produced by power generation companies had been left stranded, as Discos lacked the capacity to take all the generated electricity. To effectively utilise the stranded power, the government introduced the Eligible Customer Policy, an initiative that empowers power consumers to buy electricity directly from generation companies instead of waiting to be supplied power by the Discos. The policy, however, had yet to yield the desired results, as the Permanent Secretary, Federal Ministry of Power, Works and Housing, Louis Edozien, announced at a wor

Electricity generating companies in Nigeria released an average of 4,114 megawatts of power into the national grid on Monday, a daily energy report has said. The report, which was compiled by the Advisory Power Team, Office of the Vice President, was made available to News Agency of Nigeria (NAN) on Tuesday in Abuja. It stated that the energy released by the companies was down by 92.47 megawatts from the figure delivered on Sunday. It, however, indicated that 2,793.58 megawatts could not be generated due to unavailability of gas, adding that unavailability of transmission infrastructure also accounted for non-generation of 176 megawatts during the period. Similarly, it stated that 168.6 megawatts was not generated due to high frequency resulting from unavailability of distribution infrastructure. The report revealed that the power sector lost an estimated N1.51 billion on Monday to the factors of insufficient gas supply, distribution infrastructure and transmissi

President Muhammadu Buhari has approved the appointment of two Executive Directors to the Nigerian Sovereign Investment Authority (NSIA) Board. Mrs. Stella Ojekwe-Onyejeli has been reappointed as Executive Director for a second term. She is also the Chief Operating officer of NSIA. Mr. Aminu Umar-Sadiq, who is NSIA’s Deputy Head of Direct Investments, has been appointed, for the first time, as Executive Director. A statement from the NSIA on Wednesday announced that the appointments “followed the realignment in 2018 of NSIA’s strategy with a pivot towards domestic infrastructure, as reflected in the allocation of 50% of future contributions to infrastructure investments.” Mr. Jide Zeitlin, Chairman, NSIA Board of Directors said: “These appointments strengthen the Authority’s executive team and are consistent with our focus on maintaining a broadly representative leadership team and workforce so as to ensure that the institution remains a key participant in Nigeria’s

Andrew Harrer | Bloomberg | Getty Images Jeff Bezos, founder and chief executive officer of Amazon.com Inc., listens during an Economic Club of Washington discussion in Washington, D.C., U.S., on Thursday, Sept. 13, 2018. Between  Amazon  and space company Blue Origin,  Jeff Bezos  —  currently worth $134.5 billion according to Forbes  — obviously has a lot of work to do. So Bezos has a system to organize his time. "I try to organize my personal time so that I live mostly about 2 to 3 years out," Bezos said at the Yale Club in New York City in February, according to a transcript from  Business Insider . Bezos has enormous goals: He wants Amazon "to be Earth's most customer-centric company,"  according to his 2018 annual letter , and wants  Blue Origin  to help create a way for the solar system to support 1 trillion people ("then we'd have 1,000 Mozarts, and 1,000 Einsteins," he said at the Yale Club). And "vision is absolute

Only APC Members Should Be Considered For Appointment Wife of the President,  Aisha Buhari , has advised the ruling party, the  All Progressives Congress  (APC) to consider only card-carrying members for political appointments. She made the call on Thursday during a dinner which was held in Daura, Katsina State to celebrate the victory of the President and the APC at the 2019 presidential polls. Speaking during the event which held at the Daura stadium, Mrs Buhari noted that the constitution of the party specifies that appointments to offices in an APC led government should go to card-carrying members. She, therefore, advised the party to respect the party constitution according to a statement issued by her spokesman,  Suleiman Haruna . The first lady also expressed appreciation over the support that her husband and the party enjoyed in the last Presidential election, promising the government will do more to improve their lives.

In politics, anything can happen. Or who would have imagined that the Senate President, Dr Bukola Saraki, regarded as political warlord and kingmaker in his state, Kwara would lose an election to return to the senate? Or Oyo State governor, Abiola Ajimobi who could not move his people to vote for him to go to the senate. Such were the surprises that trailed the last Presidential and National Assembly elections. Today’s Governorship and State House of Assembly elections nation wide are also expected to be full of surprises. There are some governors who are seeking a re-election for second term but appear to have been abandoned in the desert as the powers and principalities that brought them to power have deserted them. Can they therefore survive the battle on their own or become casualties? We went round the states to x-ray the chances of some contenders for the governorship race and the factors that may work againot their ambitions.                   Governorship cabdiates  

A Nigerian police SWAT personnel member sits alert with a machine gun on a vehicle stationed at the entrance of Rivers State collation centre in Port Harcourt, Southern Nigeria, on February 26, 2019. - Incumbent Muhammadu Buhari kept a lead over his main rival in the race to become Nigeria's next president, with nearly half of all states declared. The death toll from violence linked to the vote meanwhile increased from 39 to 47, according to the Situation Room umbrella group of civil society election monitors. AFP Suspects who were arrested by Nigerian Army personnel on the election day in connection with alleged various electoral offenses, including stealing a carton of Presidential ballot papers, are gathered before being handed over to police officers at Nigerian Army’s Bori camp in Port Harcourt, Southern Nigeria, on February 26, 2019 (AFP) It was reported that one person identified as Michael Abednego, was killed in Ahoada West Local Government area, a former AP