Infrastructure

FEC approves restructuring of youth investment fund

The Federal Executive Council, FEC, on Wednesday, approved the restructuring of the Nigerian Youth Investment Fund with additional provision for it. The Minister of Youth...

“Gov.Alex Otti Secures $125M Loan for Capital Projects In Abia State; Dismisses Allegations of N1.5B Loan”

Governor Alex Otti of Abia State has announced that the Islamic Development Bank (IDB) has sanctioned a $125 million loan to support capital projects...

“Shettima Affirms Nigeria’s Renewable Energy Commitment at Shiroro Solar-Hydro Hybrid Project Signing”

"Vice President Shettima Affirms Nigeria's Commitment to Renewable Energy at Shiroro Solar-Hydro Hybrid Project Signing" Vice President Kashim Shettima reaffirmed Nigeria's dedication to its energy...

Minister of Power Decries Revenue Loss from Attacks on Electricity Facilities

The Minister of Power, Adebayo Adelabu, has expressed concern over the significant revenue lost due to frequent attacks on electricity facilities by vandals. These...

CBN Discloses DISCOs’ N273.34 Billion Credit Facility for Meter Purchase

The Central Bank of Nigeria (CBN) has revealed that the 11 Electricity Distribution Companies (DISCOs) obtained a credit facility totaling N273.34 billion to purchase...

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