Tag Archives: BabatundeFashola

Halt Power Tariff Increase – Senate To NERC

  The Senate yesterday ordered the Nigerian Electricity Regulatory Commission (NERC) to halt the 45 per cent proposed increase in tariff. The upper legislative chamber gave the directive at its resumption of plenary after a two-week suspension to enable them to consider the 2016 budget proposals of Ministries, Departments and Agencies (MDAs). Adopting a two-prayer…

Read more

New Electricity Tariffs Begins Today, NLC, TUC Threaten Strike

  The new Multi-Year Tariff Order (MYTO 2015), takes off today amid doubts over commensurate electricity supply. According to reports, a meeting called by the regulator, the Nigerian Electricity Regulatory Commission (NERC) with the Manufacturers Association of Nigeria (MAN) on Friday failed to convince the manufacturers to drop their earlier opposition to the new tariff…

Read more

Christine Lagarde Impressed With Buhari’s Government! Meets With Adeosun, Udoma, Amaechi & Fashola

The Managing Director of the International Monetary Fund, Christine Lagarde has said that she is impressed with President Muhammadu Buhari government’s response to challenge of sustained, low oil prices. Lagarde, who is in the country on a four-day working visit, reportedly said this during a closed-door meeting with Buhari at the Presidential Villa, according to…

Read more

Buhari In Germany For G7 Summit Armed With Nigeria’s “Wish List”

Muhammadu Buhari being welcomed in Germany President Muhammadu Buhari is in Germany armed with the “wish list” of Nigeria in line with the demand of the Group of Seven (G7) industrialized countries. According to a report by TheWill Nigeria, the G7 had earlier requested the then President-elect to prepare a shopping list and come with…

Read more

2,123 Policemen Protected Jonathan While Robbers Raided Bank In Lekki 1 – Fashola

  The Lagos State Governor, Babatunde Fashola, on Tuesday said 2,123 policemen that would have helped to repel the Thursday FCMB bank robbery in Lekki Phase 1, Lagos were sent to protect President Goodluck Jonathan when he visited Lagos. Fashola, who said this at the 2015 Agric Value Chains Empowerment programme, lamented that the President’s…

Read more