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BPE yet to repay ₦112bn loan incurred on NITEL transaction –Investigation

The Bureau of Public Enterprises has yet to redeem a total of ₦112.48 billion it incurred in the process of selling Nigeria’s legacy telecommunications operator, the defunct Nigerian Telecommunications Limited, investigation has shown. The Debt Management Office had on two occasions issued bonds to enable the BPE to wriggle out of financial straits occasioned by […]

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Babatunde Raji Fashola

₦10 billion EEP fund to improve varsities, community dwellers, businesses – Minister

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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