Letter: Re: Jonathan on th hydro-electric power project

As part of the Transformation agenda of the Jonathan-led government, the co-coordinating minister of the economy and minister of finance, Mrs Ngozi Okonjo-Iweala, in company of the power minister recently signed an agreement worth approximately $1.293 billion on power project with a group of Chinese companies. The project, which is popularly called the Zungeru Hydroelectric […]

Whose Interest Does Ajaero Serve? – By Ijeoma Nwogwugwu

By Ijeoma Nwogwugwu, Email: [email protected] Joseph Ajaero, the general secretary of the National Union of Electricity Employees and one of three deputy presidents of the Nigeria Labour Congress, has been on at war with this administration for well over a year. On the face of it, much his angst with the federal government stems from […]

Power minister orders PHCN to pay staff 50 per cent salary increase this month

The Minister of Power, Professor Bart Nnaji, has directed the management of each of the 18 companies created out of the Power Holding Company of Nigeria (PHCN) to start paying the staff a 50 per cent salary increase from this month. In a memo sent to the chief executives of the successor companies yesterday, Prof […]

Nigeria Needs $10bn Annually to Achieve 40,000 MW

 Minister of Power, Prof. Bath Nnaji, By Crusoe Osagie The Federal Government Thursday  said for Nigeria to achieve 40,000 Megawatts by 2020, it has to make an investment of $10 billion annual over the next 10 years. Minister of Power, Prof. Bath Nnaji, however, explained that government did not have such money and said that […]

I’ll end power failure in four years – Jonathan

President Goodluck Jonathan yesterday said his administration remains committed to the attainment of uninterrupted power supply in Nigeria before the end of its tenure in 2015. Jonathan gave this assurance during an audience with members of the Board of the Niger Delta Power Holding Company led by Vice President Namadi Sambo. The President maintained that […]

Reform of power sector will transform lives of Nigerians– Onagoruwa, DG, BPE

Director General of the Bureau of Public Enterprises (BPE), Ms Bolanle Onagoruwa, is passionate with her job, especially as it relates to the privatization of the power sector. Last week, Ms Onagoruwa was in Lagos to brief Business Editors on what the BPE was doing to drive the power sector reforms of the Federal Government […]


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April 2024

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