Tag Archives: Nigeria

Vanguard reports that due to difficulties faced in the acquisition of pre-paid meters, Ikeja Electric wants the credited advance payment for metering implementation, CAPMI, scheme to be brought back to discourage estimated bills. According to Vanguard, the Chief Executive Officer, Ikeja Electric, Anthony Youdeowei, speaking when the House of Representatives Committee on Power visited the company’s Head Office at Ikeja, implored the ...

New Telegraph reports that Justice Chukwuemeka Chikeka of an Owerri High Court has granted an order of interim injunction, restraining Governor Rochas Okorocha, the Attorney General of the State and the Commissioner for Works and Housing from unlawfully demolishing the Bar centre of the Nigerian Bar Association (NBA) situated within the state judiciary complex in Owerri. The judge in a ...

The Guardian reports that a frontline Real Estate Operator and Managing Director and Chief Executive Officer of Propertygate Development and Investment Plc, Mr Adetokunbo Ajayi has identified some structural problems affecting the government’s mass housing project and proposed measures to revamp them. In an interactive session with the media on how Propertygate has fared despite the recession, Ajayi explained that lack ...

Towards ensuring Nigeria fully adapt to climate change, stakeholders have called for a new line of thinking that support a green economy. According to them, such initiatives could be enshrined within reviewed national laws, and local councils’ action plans, The Guardian reports. According to The Guardian, the call was contained in an interim report from the workshops held in Lagos by ...

United Nations (UN) Secretary-General António Guterres, on Thursday, announced Nigeria’s Environment minister, Amina Mohammed, as his Deputy Secretary-General. The Nation reports that Guterres made the announcement through the spokesman of the Secretary-General, Mr. Stephane Dujarric. Guterres also announced the duo of Ms. Maria Viotti of Brazil and Ms. Kyung-wha Kang of the Republic of Korea into high-profile positions at the UN. ...

New Telegraph reports that the monthly inflation rate commonly referred to as Consumer Price Index (CPI) has risen by 0.15 per cent from 18.33 per cent to 18.48 per cent in the month of November, according to the monthly inflation data released by the National Bureau of Statistics (NBS). NBS cited increases in costs of water, housing, electricity, gas and clothing ...

New Telegraph reports that President Muhammadu Buhari has assured that most of the stalled projects in the aviation industry would resume and be completed in record time. According to New Telegraph, he particularly mentioned four of the terminals under construction at the Murtala Muhammed Airport, Lagos; Mallam Aminu Kano International Airport, Kano; Nnamdi Azikiwe International Airport, Abuja and the Port ...

Reports show that the Federal Inland Revenue Service, FIRS, yesterday, sealed the Diplomat Hotel, located on Shonnyway Street, Shonibare Estate, Maryland, Lagos, over a N351 million tax debt. The Guardian reports that Bukar Gana, head of the FIRS enforcement team, stated the hotel owes taxes between 2012 and 2016. The hotel’s customer care manager, who didn’t give his name, said ...

Professionals in the real estate sector have called on the Federal Government to repeal the Land Use Act of 1976. The Guardian reports that the experts made the demand at a mandatory continuing professional development seminar for Estate Surveyors and Valuers, at the Polytechnic Ibadan, Oyo State. According to The Guardian, those who made the call were Prof. Abel Olaleye ...

The Guardian reports that the Nigerian Petroleum Development Company (NPDC), the exploration and production subsidiary of the Nigerian National Petroleum Corporation (NNPC), lost about N1.5 trillion to attacks on its facilities from January till date. According to The Guardian, the Group Managing Director of NNPC, Dr. Maikanti Baru, who disclosed this at the opening ceremony of the 2016 NNPC security ...