The Minister of Power, Works and Housing, Babatunde Fashola, has said the Energizing Education Programme, EEP, launched by the federal government in 2016, aims at improving the lives of community dwellers and boosting their businesses and by that check rural-urban drift in addition to solving the power challenges of 37 Federal Universities and Teaching Hospitals. […]
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The Federal Ministry of Power and Housing, headed by Mr. Babatunde Fashola, is now being fingered by the Senate in a $350 million fraud. According to the upper chamber, Fashola’s Ministry got part of $1 billion from an Euro bond issued by the Federal Government in 2013, which he said, he intended to spend on […]
Read More Electricity consumers who bypass their meters will be forced to pay up to ₦450,000 as fine, the Nigerian Electricity Regulatory Commission has declared. According to NERC, financial sanctions ranging from ₦50,000 to ₦450,000 for meter bypass by power consumers have been drafted by it and have been endorsed by the 11 electricity distribution companies operating […]
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Nigeria’s Minister of Power, Works and Housing, Mr. Babatunde Fashola, has said the Government will not put to sale the nation’s 40 per cent stake in electricity distribution companies without consulting Nigerians. Fashola stated this on Thursday in Lagos at a policy dialogue on the power sector organised by the Lagos Chamber of Commerce and Industry. […]
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The nation’s power generation as at September 2017 has reached 7001 megawatts with transmission up to 6,700 megawatts and distribution rising to 4,600 megawatts. The Minister of Power, Works and Housing, Babatunde Fashola speaking at the executive session of the National Council on Power meeting said this increase can, however, be improved. Fashola said this […]
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Nigeria’s Minister of Power, Works and housing, Mr. Babatunde Fashola, have urged the Nigeria Immigration Service to investigate the Managing Director of Egbin Power Plc, Mr. Dallas Peavey Jnr., an American, over his visa and work permit status in Nigeria. According to correspondence, Fashola disclosed this at his 19th monthly meeting with operators in the […]
Read More Federal Government has commenced the construction of mass housing projects in 33 states. To actualise the project, it plans an upward review of mobilisation funds for contractors up to 50 per cent to enable emerging contractors in the building sector deliver their projects satisfactorily. The minister of Power, Works and Housing, Babatunde Fashola, who disclosed […]
Read More Minister of Power, Works and Housing, Babatunde Fashola (SAN), has disclosed that the Federal Government was ready to collaborate with the private sector in housing and urban development to provide affordable houses. Fashola made the pledge in a statement by Mrs Eno Olotu, Assistant Director, Information (Housing), of the ministry in Abuja on Thursday. The […]
Read More The Federal Government has embarked on an incremental power project to boost power generation in Nigeria. The Minister of Power, Works and Housing, Babatunde Fashola, said this when he visited the Afam Power Station. which according to him, is expected to add 340 According to him, the power station is expected to add 340 magawatts […]
Read MoreThe Minister of Power, Works and Housing, Babatunde Fashola, has said that the 10,000 megawatts target given by the Buhari administration, needed to supply the country with adequate electricity by the end of 2019 is achievable. He stated that the public is not bothered about how much energy is gotten on the grid but how […]
Read More The Federal Government on Tuesday charged property developers to reduce their rents and the value of properties in consideration of the economic hardship across the country. According to the government, the values of properties and rents in other nations of the world are falling as a result of the global economic slowdown being experienced. Speaking […]
Read More Minister of Power, Works and Housing, Mr. Babatunde Fashola, has restated the commitment of the Federal Government to its responsibilities in the power sector, including paying for services rendered to it by the operators in the sector. The minister said this at the 14th monthly meeting he held with the operators in the power sector […]
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