...news, reports, issues... about Lagos
The Federal Government has concluded plans to install biometric clearance gates for the Nigeria Immigration Service at the international airports in the country. The gates are expected to be ready at these airports by March 2024. The international airports in Nigeria where the facilities will be installed are the Murtala Muhammed International Airport in Lagos, […]
The Nigeria electricity sector has grappled with a delusive perception of a brighter power industry following the 2013 privatisation exercise. The sector is currently grappling with an inherited debt crisis of over N3 trillion. Although the federal government is working to address the issue by settling existing sectoral debt obligations and improving liquidity in the […]
The 11 electricity Distribution Companies (Discos) in the country yesterday blamed powerful and wealthy Nigerians for being partly responsible for the current illiquidity in the power sector in Nigeria.Spokesman of the power distributors under the Association of Nigerian Electricity Distributors (ANED), Sunday Oduntan, argued when he appeared as a guest on Channels Television, that many […]
Power distribution companies overbilled about 7.1 million unmetered electricity consumers between January and September 2023, an analysis of the latest monthly number of overbilled customers showed. In the various Regulatory Interventions for Non-Compliance with the Order on Capping of Estimated Billing to Unmetered Customers, issued to the 11 Discos by the Nigerian Electricity Regulatory Commission, […]
A former Minister of Power, Works and Housing, Babatunde Fashola, on Thursday called for the review of tenancy laws in states to compel landlords to collect rents monthly. Fashola spoke during the launch of his book titled: “Nigerian Public Discourse: The Interplay of Empirical Evidence and Hyperbole”, in Lagos. He said that advance payment of […]
•Why they’re bench-marking home sales, rentals in dollars•Only developers who collect payments in dollars can start new projects in Nigeria•More than 50% of Real Estate Sector clients are now from diaspora When we started a project recently in Lagos, we pegged the cost of a flat at N6.5 million. But the cost of a flat […]
The Nigerian Electricity Regulatory Commission, on Friday, declared that it would deduct N10,505,286,072 from the annual allowed revenues of the 11 power distribution companies during the next tariff review as part of sanctions over their non-compliance with the capping of estimated bills for unmetered customers. NERC disclosed this in a notice obtained in Abuja, stressing […]
Motorists plying the Lagos-Ibadan Expressway on Thursday commended the Federal Government for the installation of streetlights on the Long Bridge area and called for the extension to all the sections of the expressway. Our correspondent who monitored the ongoing installation of streetlights along the Kara-Warewa stretch of the Long Bridge observed that some streetlights had […]
Electricity consumers who had paid for meter under the fluffy Meter Asset Provider(MAP) initiative of the federal government, are impatiently seeking refund from Electricity Distribution Companies(DisCos), most of which are reluctantly implementing repayment directive issued by the Nigerian Electricity Regulatory Commission(NERC) in the wake of failure of the initiative. The government had, through the NERC, […]
The Lagos State Government has revealed that the proposed 37km Fourth Mainland Bridge will traverse 5 local government areas in the state. This was disclosed by the Lagos State Commissioner for Information and Strategy, Gbenga Omotosho, while speaking at a recent interview programme aired on a Radio Station, City FM 105.1. Omotosho said the Fourth Mainland […]
