BUSINESS

Nigeria Loses $80b Annually To Oil Installation Vandalism-Kachikwu

Daily Dispatch February 10, 2017

Minister of State for Petroleum, Mr. Ibe Kachikwu, says Nigeria is losing at least $80bn annually to vandalism of oil facilities in the Niger Delta. Kachikwu made this known on Friday in Yenagoa at the resumed dialogue with Niger Delta stakeholders as part of the visit of Acting President,

NEWS

Ogun Judiciary Establishes Alternative Dispute Resolution Centre

Daily Dispatch February 10, 2017

Omooba Risawe Ogun State Judiciary has established an Alternative Dispute Resolution Centre aimed to facilitate quick and effective resolution of conflicts. This was made known on Friday by the Chief Judge of the State,Olatokunbo Olopade during the commissioning of the Ogun State Multi-Door Court House located within the premises of Magistrate Court, Abeokuta,the state

NEWS

N800Million FUNNAB Fraud: Ogunlewe Loses Bid To Quash Trial

Daily Dispatch February 10, 2017

Omooba Risawe The embattled former Minister of Works and Housing,who doubles as ex Pro-Chancellor,Federal University of Agriculture,Funnab, Abeokuta, Senator Adeseye Ogunlewe has lost bid to quash  a case  over his trial in a criminal case of alleged  N800million misappropriation. Ogunlewe is standing trial alongside  Prof Olusola Oyewole, the Vice Chancellor and Mr. Moses

NEWS

How We Recovered $9.8m From Former NNPC GMD-EFCC

Daily Dispatch February 10, 2017

The Economic and Financial Crimes Commission has explained in details how it recovered  vault containing $9.7 million in the Kaduna home of a former Group Managing Director of the NNPC, Andrew Yakubu. In a statement posted on the facebook wall of the EFCC, it  said, “A special operation conducted by operatives of the Economic and Financial […]

INTERVIEW

DISCOs Are Plagued With Free Riders Who Are Daily Subverting Our Efforts- Kaduna Electric

Daily Dispatch February 10, 2017

Idris Muhammad, the Team Lead, Media and Community Relations, Kaduna Electric recently sat down with energy correspondents in Kaduna where he discussed the power supply situation in the country, billing complaints, meters deployment programme of the company and other sundry issues. Excerpts….. Can you explain the cause of the epileptic power supply situation currently

BUSINESS

For Power Privatisation To Work, Allow NERC To Fix Tariffs- Ag. DG, BPE Urges Govt.

Daily Dispatch February 10, 2017

Acting Director-General of the Bureau of Public Enterprises (BPE), Dr. Vincent Onome Akpotaire has suggested that for the power privatization in Nigeria to work, the industry’s regulator- Nigerian Electricity Regulatory Commission (NERC) must be allowed to perform its mandate without interference. Speaking at a 2-day stakeholders interactive dialogue/workshop organized by