Infrastructure

COMPRESSED NATURAL GAS…Conversion Cost, Infrastructure Deficit Threaten CNG Initiative

Critical stakeholders have highlighted two key factors capable of impinging on the country’s drive towards the adoption of compressed natural gas (CNG) as an alternative to premium motor spirit (PMS), also called petrol, whose cost has risen arbitrarily after the federal government exited the subsidy regime.Just recently, the federal government directed marketers to install CNG […]

Motorists groan as flood overruns Lagos-Ibadan Expressway bridge, others

Motorists plying the Berger-Mowe end of the Lagos-Ibadan Expressway were trapped in a gridlock after a downpour flooded the Long Bridge section of the road. PUNCH Metro gathered that the stretch of the bridge towards Warewa was covered by water as the road users were left stranded due to the intense rain that fell on Thursday […]

Standstill, confusion as Lagos shuts road for Tinubu’s projects commissioning

Residents and motorists commuting between the Mainland and Island experienced tales of woes on Saturday and Sunday following the closure of the Gbagada-Oworonshoki Expressway axis due to President Bola Tinubu’s scheduled commissioning of some major Federal Government road projects in the state. Motorists, who were stranded for several hours since the closure on Saturday, lamented […]

International consumers owe Nigeria $51m for electricity — FG

International consumers failed to remit about $51.26m to Nigeria for electricity exported from Nigeria to the power users in 2023, the Federal Government revealed in the latest industry data showing the non-remittances by the consumers. Also, another group of customers categorised as bilateral power consumers did not remit about N7.61bn to the Nigerian power sector […]

Fire burns 82 people to death, destroys N25.37bn properties in Lagos

At least 82 people have been burnt to death and properties valued at N25.37 billion destroyed in series of fire incidents in Lagos, Southwest Nigeria in the last one year. Commissioner for Special Duties and Inter-Governmental Relations, Gbenga Oyerinde disclosed this on Monday at a ministerial news conference in Alausa, Ikeja. He also disclosed that […]

Band A customers opt for solar as energy costs triple

Premium electricity consumers categorised as Band A customers are embracing solar power as an alternative source of energy following the recent tariff hike as well as the high cost of fuel, DARE OLAWIN reports In Nigeria, the average person is gradually losing the ability to afford electricity as they still struggle to pay for other essentials of […]

Tariff hike: Labour protests, disconnects NERC, TCN, DisCos’ offices

ABUJA — Organized Labour yesterday shut down the headquarters of the Nigeria Electricity Regulatory Commission, NERC, the Transmission Company of Nigeria, TCN, and Abuja Electricity Distribution Company, AEDC, headquarters over the recent hike in electricity tariff. Under the aegis of the Nigeria Labour Congress, NLC, and its Trade Union Congress of Nigeria, TUC, Organised Labour which […]

‘Monster floods’ tensions in 31 states spark food crisis concerns

•10 states may be worst hit•35 million Nigerians, 19 million hectares of farmland at risk, experts issue strong warning•To minimize losses, farmers mobilize for insurance•How we lost machines, other assets in 2022 catastrophe – Bayelsa investor in cassava, plantain, yam, cucumber According to the report, 35, 870,100 Nigerians are at high risk from floods between last month […]

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