Vigeo Power Limited, the majority shareholders of Benin Electricity Distribution Company Plc (BEDC), has commenced contempt proceedings against the Bureau of Public Enterprise (BPE), describing the Federal Government agency as defaulters involved in the illegal takeover of BEDC. In a statement, the law firm of Kunle Adegoke (SAN), lawyers to Vigeo Power Limited, said the contempt proceedings had become imperative …

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh has given assurances that two special mission aircrafts in the deep blue project fleet of the agency would be deployed to fight oil theft and protect the nation’s economy. Speaking at the recently held 16th edition of the Maritime Seminar for Judges, which was organised …

The price of Premium Motor Spirits (PMS) will be on the upward march again, going by the discussion between the Federal Government and oil marketers. Officially, PMS (better known as fuel) sells for N165 per litre but it has gone as far as N250 per litre in several parts of Nigeria, including the federal capital, Abuja in recent weeks. On …

Oil marketers may embark on their proposed strike after the Sallah holidays, a situation that will compound the already perennial and troubling fuel shortages. Monday and Tuesday are government-declared rest days to observe the Eid-el-Kabir. Over the weekend, the Independent Petroleum Marketers Association of Nigeria (IPMAN) threatened to commence an action that would result in what it described as the …

The Minister of State for Transportation, Senator Gbemisola Ruqayyah Saraki has expressed delight at the equipment and assets the Nigerian Maritime Administration and Safety Agency (NIMASA), stating that that underscores the importance the Federal Government attaches to combating maritime crimes and ensuring zero tolerance for illegal activities on the nation’s territorial waters. While on a tour of NIMASA’s facilities and assets …

Despite the insistence of the Federal Government that marketers should not sell Premium Motor Spirit (commonly known as fuel or petrol) for more than the official rate of N165 per litre, many filling stations across the country have increased the price to no less than N185. The government issued the warning to oil marketers on Tuesday, while advising the citizens against …

The Lagos State Ministry of Energy and Mineral Resources took a great stride on Tuesday in its ambition to achieve one Gigawatt (GW) of installed Distributed Photovoltaics (DPV) capacity by 2030 by organising a one-day workshop, in conjunction with the World Bank, to discuss the framework for the DPV implementation the state. The structure is proposed to capture a mix …

Seasoned ICT journalist and PR professional, Mr Reuben Mouka is the new Director of Public Affairs at the Nigerian Communications Commission ( NCC). Muoka assumed duty on Monday to replace Dr Ikechukwu Adinde, who has been moved to the Special Duties unit of the Commission. It is a familiar terrain for Muoka who had worked in the Public Affairs department …

The Lagos Port complex will be linked with the Lagos-Ibadan track guage by the end of this month, which is nine days away. This was stated on Monday by the Minister of State for Transportation, Senator Gbemisola Saraki while on a tour of the Lagos Port complex, Apapa and the Tin Can Island Port complex, adding that a Customs building …

The eWorld Forum ’22 and unveiling of the book, Nigeria Drivers of Digital Prosperity will hold on 7th July with the Chairman of MTN Nigeria, Engr. Ernest Ndukwe presiding. While announcing that Ndukwe has confirmed his attendance, the event organiser, Aaron Ukodie said the Forum’s theme is: “4G, 5G, Broadband Connectivity and the Economy”. Ndukwe’s 10 years as Executive Vice …