Top 5 Stories Of The Day | World Bank: Over 75% of Rural Nigerians Live in Poverty

The Late 5: ‘Ekweremadu to be charged before the Code of Conduct Tribunal’, Benue cancels mass burial, and other top stories

These are the top five Nigerian stories that drove conversation today. Benue State Government has cancelled the mass burial of victims of Fulani herdsmen attack in Okpokwu. Governor Samuel Ortom made the announcement for the burial during his visit to Omusu Edimoga in Okpokwu Local Government Area of the state. In a press statement issued by... Read More

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benue, CAC, David Umahi, GENCOs, Ike Ekweremadu, The Late 5

July 12, 2017

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The YNaija Tracklist: Nigeria is fortunate to have a leader like Buhari – Osinbajo | You can’t continue to subsidise electricity | GenCos tell FG | More stories

From the papers this morning – a tracklist. Nigeria is fortunate to have a leader like Buhari – Osinbajo – YNaija You can’t continue to subsidise electricity | GenCos tell FG – YNaija ‘Kwara Central group announces plan to recall Saraki’ – YNaija Suicide bombing attacks ‘kill 11’ in Maiduguri – YNaija Senate passes bill... Read More

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Bukola Saraki, Electricity, GENCOs, President Muhammadu Buhari, senate, The YNaija Tracklist, Yemi Osinbajo

July 12, 2017

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You can’t continue to subsidise electricity | GenCos tell FG

Power generating companies (GenCos) have called for increase in electricity tariff. Vice Chairman, Mainstream Energy Solution, Ismaila Funtua said this on Tuesday while speaking with journalists on the sidelines of the quarterly presidential business meeting held in Abuja. Funtua said GenCos were demanding that the government stop subsidising electricity. He also said the GenCos operatives... Read More

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electricity tariff, FG, GENCOs, Power, subsiduse

February 7, 2017

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Power sector licenses were issued to cronies, incompetent hands – Saraki (READ)

President of the Senate, Bukola Saraki says the country failed in the privatisation of the power sector. Speaking while delivering a speech at a 2-day stakeholders interactive dialogue workshop on the Nigerian power sector for the National Assembly, Saraki said the Bureau of Public Enterprise (BPE) performed “inexcusable” actions as there was no transparency in the... Read More

The News Blog

BPE, Bukola Saraki, DISCOs, GENCOs, licences, national assembly, Power sector

March 25, 2013

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Ijeoma Nwogwugwu: As sale of power assets enters home stretch

by Ijeoma Nwogwugwu It is not just bidders that are losing sleep over where to raise funds for the distribution and generations companies. Even sensible Nigerian banks, which have become risk averse since the banking crisis of 2009, would have to approach the transactions with extreme caution. I heaved a small sigh of relief when... Read More

BPE, chinua achebe, DISCOs, GENCOs, Nigerian power reforms, PHCN

Top 5 Stories Of The Day | World Bank Reveals Over 75% of Rural Nigerians Live in Poverty

Top 5 Stories Of The Day | Nigeria Dismisses Allegations of Collusion with France to Destabilize Niger Republic

The Late 5: ‘Ekweremadu to be charged before the Code of Conduct Tribunal’, Benue cancels mass burial, and other top stories

The YNaija Tracklist: Nigeria is fortunate to have a leader like Buhari – Osinbajo | You can’t continue to subsidise electricity | GenCos tell FG | More stories

You can’t continue to subsidise electricity | GenCos tell FG

Power sector licenses were issued to cronies, incompetent hands – Saraki (READ)

Ijeoma Nwogwugwu: As sale of power assets enters home stretch

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